Classified Cycling
ActiveSummary
Classified Cycling has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.4m and a net result of -€4.9m. Equity has been growing by about 20% per year since 2020. Its solvency ranks better than 90% of 47 sector peers (NACE 30, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 02-09-2019 Normal situation
- Registered office
- 10 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Manufacture of other transport equipment NACE 30920and 2 others
- Joint committee
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2025
- Establishment unit
- 2.300.311.943 2060 Antwerpen, since 01-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Board and ownership
- Icarus Management BVManaging director · permanent representative Mathias Plouvier
- Volo BVDirector · since 06-09-2019
- EVANS Nicholas DavidDirector · since 04-11-2022
- Holdings
- Shares in 1 company Advancing Technologies B.V.
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- -€2.2m
- ▲ 41.6%
- Loss
- €4.9m
- ▼ 33.0%
- Equity
- €18.4m
- ▲ 24.6%
- Total assets
- €19.3m
- ▲ 14.9%
- Employees on 31-12-2025
- 18
- ▼ 14.3%
Score breakdownraises riskLoss of €4.9m, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 12.42, cash €7.8mEquity €18.4m (95.8% of total assets)Figures for financial year 2025 (filed on 15-06-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 30). It does better than 92% of them on solvency, 99% on liquidity, 6% on profitability and 84% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 27 days before the deadline. In the sector (NACE 30), the median for financial year 2024 was 16 days before the deadline, and 30% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: 6 loss-making years in a rowloss in financial year 2025 -€4.9m View
- Caution: Lower net result than 95% of companies in other transport equipmentsector median €6,428 · 45 companies -€4.9m View
- Flemish supportawarded from 2022 to 2025 €2.9m View
- A director leftlatest change 05-12-2025 · 3 in office 1 left View
- Positive: Result rose in 2025from -€7.4m to -€4.9m ▲ 33.0% View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
Recent changes
- · Gazette deed Capital & shares · Amendment of the articles
- · Gazette deed Resignation: Giorgio D'Ambrosio (director)
- · Gazette deed Appointment: Icarus Management BV (managing director)Permanent representative: Mathias Plouvier
Comparable companies
These companies have the same main activity as Classified Cycling: manufacture of other transport equipment (NACE 30920). They are comparable in size and age: total assets between €2.2m and €52m, founded between 1968 and 1998.
| Company | Total assets | Gross margin |
|---|---|---|
| Classified Cycling Antwerpen | €19.3m | -€2.2m |
| Norta Olen | €20.8m | - |
| LUDO Kortenberg | €20.0m | - |
| NV VERMEIREN Kalmthout | €38.4m | - |
| BELGIAN CYCLING FACTORY Beringen | €52.0m | - |
| REVIMEX Pelt | €2.2m | - |
| PRESTIGE RIJWIELEN Wetteren | €5.3m | €0.3m |
Key facts about Classified Cycling
- What is the company number of Classified Cycling?
- The company number of Classified Cycling is 0733.606.545. The VAT number is the same number with BE in front: BE 0733.606.545.
- Where is Classified Cycling based?
- The registered office is at Damplein 23, 2060 Antwerpen.Company details
- What does Classified Cycling do?
- According to the KBO register, the main activity is manufacture of other transport equipment (NACE 30920).
- What is the legal form of Classified Cycling?
- The legal form of Classified Cycling is Private limited company (BV).
- When was Classified Cycling founded?
- Classified Cycling was founded on 02-09-2019.
- Is Classified Cycling still active?
- Yes, Classified Cycling is an active enterprise in the KBO register.
- How many employees does Classified Cycling have?
- Classified Cycling had an average of 19 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Classified Cycling fall under?
- In its 2025 annual accounts, Classified Cycling states joint committee 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
- What is the turnover of Classified Cycling?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is Classified Cycling profitable?
- In financial year 2025, Classified Cycling made a loss of €4.9m.
- Where can I find the annual accounts of Classified Cycling?
- Classified Cycling filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Classified Cycling due?
- Classified Cycling must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.