CYCLE MONKEYS
ActiveSummary
CYCLE MONKEYS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15k and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability85▲+18
Solvency35▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.92 in 2023; short-term debt: 90.2% and cash: 44.3% of total assets), and 90.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.8%
Return on assets
13%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-08-2025, 15 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
15 d late
2023
30 d late
2022
61 d late
2021
18 d late
2020
59 d early
2019
59 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€15k
2023 · €-5k
2018: €-22k
2019: €-25k▼ -14.6% vs 2018
2020: €-27k▼ -7.5% vs 2019lowest in 7 years
2021: €-21k▲ +22.5% vs 2020
2022: €-4k▲ +80.7% vs 2021
2023: €-5k▼ -23.3% vs 2022
2024: €15k▲ +403% vs 2023highest in 7 years
2018 → 2024
Total assets
€153k▲ 95.2%
2023 · €79k
2018: €25k
2019: €15k▼ -38.2% vs 2018
2020: €13k▼ -16.4% vs 2019lowest in 7 years
2021: €54k▲ +324% vs 2020
2022: €59k▲ +9.6% vs 2021
2023: €79k▲ +33.3% vs 2022
2024: €153k▲ +95.2% vs 2023highest in 7 years
2018 → 2024
Net result
€20k
2023 · €-939
2018: €-34klowest in 7 years
2019: €-3k▲ +90.7% vs 2018
2020: €-2k▲ +40.8% vs 2019
2021: €6k▲ +421% vs 2020
2022: €17k▲ +178% vs 2021
2023: €-939▼ -106% vs 2022
2024: €20k▲ +2228% vs 2023highest in 7 years
2018 → 2024
Working capital
€-14k▼ 96.1%
2023 · €-7k
2018: €10khighest value
2019: €9k▼ -9.5% vs 2018
2021: €-38klowest value
2022: €-11k▲ +71.1% vs 2021
2023: €-7k▲ +35.9% vs 2022
2024: €-14k▼ -96.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-27k-€-21k▲ 22.5%€-4k▲ 80.7%€-5k▼ 23.3%€15k
2020: €-27klowest in 5 years
2021: €-21k▲ +22.5% vs 2020
2022: €-4k▲ +80.7% vs 2021
2023: €-5k▼ -23.3% vs 2022
2024: €15k▲ +403% vs 2023highest in 5 years
Operating result€-3k-€6k€17k▲ 162%€-785€24k
2020: €-3klowest in 5 years
2021: €6k▲ +329% vs 2020
2022: €17k▲ +162% vs 2021
2023: €-785▼ -105% vs 2022
2024: €24k▲ +3139% vs 2023highest in 5 years
Net result€-2k-€6k€17k▲ 178%€-939€20k
2020: €-2klowest in 5 years
2021: €6k▲ +421% vs 2020
2022: €17k▲ +178% vs 2021
2023: €-939▼ -106% vs 2022
2024: €20k▲ +2228% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €24k after a loss of €785 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €153k
Fixed assets
€29k ▲ 1,097%
Current assets
€125k ▲ 63.5%
Equity and liabilities €153k
Equity
€15k
Debt
€138k
Debt finances 90.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€32k▲
2023 · €4k
Cash flow
€28k▲
2023 · €4k
Current ratio
0.90▼
2023 · 0.92
Quick ratio
0.82▲
2023 · 0.69
Debt to equity
9.22▲
2023 · -16.84
ROE
133.0%
ROA
13.0%▲
2023 · -1.2%
Interest coverage
242.09▲
2023 · 26.77
Debt ≤ 1 year
€138k▲
2023 · €83k
Income taxes
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€79k€153k▲
Fixed assets21/28€2k€29k▲
Tangible fixed assets22/27€2k€29k▲
Plant, machinery and equipment23€2k€838▼
Furniture and vehicles24€758€28k▲
Current assets29/58€76k€125k▲
Stocks and contracts in progress3€19k€11k▼
Stocks30/36€19k€11k▼
Amounts receivable within one year40/41€26k€46k▲
Trade receivables40€25k€46k▲
Other amounts receivable41€1k€289▼
Cash at bank and in hand54/58€31k€68k▲
Equity and liabilities
Total equity and liabilities10/49€79k€153k▲
Equity10/15€-5k€15k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-17k€3k▲
Amounts payable17/49€84k€138k▲
Amounts payable within one year42/48€83k€138k▲
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Advances received on contracts in progress46€17k€40k▲
Taxes, remuneration and social security45€443€5k▲
Taxes450/3€443€5k▲
Other amounts payable47/48€61k€88k▲
Accrued charges and deferred income492/3€300-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€6k€34k▲
Operating profit (loss)9901€-785€24k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€154€132▼
Recurring financial charges65€154€132▼
Profit (loss) for the period before taxes9903€-939€24k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-939€20k▲
Profit (loss) for the period to be appropriated9905€-939€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€3k▲
Profit (loss) brought forward from the previous period14P€-16k€-17k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €5k | €5k | €5k | €8k | ▲ 65.1% |
| Other operating charges640/8 | - | €583 | €896 | €2k | €2k | ▲ 54.3% |
| Gross operating margin9900 | €-592 | €12k | €22k | €6k | €34k | ▲ 509% |
| Operating profit (loss)9901 | €-3k | €6k | €17k | €-785 | €24k | ▲ 3,139% |
| Financial income75/76B | - | €131 | €599 | - | €0 | - |
| Recurring financial income75 | €909 | €131 | €599 | - | €0 | - |
| Financial charges65/66B | - | €456 | €456 | €154 | €132 | ▼ 14.1% |
| Recurring financial charges65 | €12 | €456 | €456 | €154 | €132 | ▼ 14.1% |
| Profit (loss) for the period before taxes9903 | €-2k | €6k | €17k | €-939 | €24k | ▲ 2,628% |
| Income taxes67/77 | - | - | - | - | €4k | - |
| Profit (loss) for the period9904 | €-2k | €6k | €17k | €-939 | €20k | ▲ 2,228% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €6k | €17k | €-939 | €20k | ▲ 2,228% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13k | €54k | €59k | €79k | €153k | ▲ 95.2% |
| Fixed assets21/28 | €3k | €18k | €7k | €2k | €29k | ▲ 1,097% |
| Intangible fixed assets21 | €2k | - | - | - | - | - |
| Tangible fixed assets22/27 | €520 | €18k | €7k | €2k | €29k | ▲ 1,097% |
| Plant, machinery and equipment23 | - | €8k | €5k | €2k | €838 | ▼ 49.4% |
| Furniture and vehicles24 | - | €9k | €2k | €758 | €28k | ▲ 3,602% |
| Current assets29/58 | €10k | €36k | €52k | €76k | €125k | ▲ 63.5% |
| Stocks and contracts in progress3 | - | €20k | €33k | €19k | €11k | ▼ 43.8% |
| Stocks30/36 | - | €20k | €33k | €19k | €11k | ▼ 43.8% |
| Amounts receivable within one year40/41 | €10k | €1k | €5k | €26k | €46k | ▲ 74.3% |
| Trade receivables40 | - | €1k | €5k | €25k | €46k | ▲ 83.1% |
| Other amounts receivable41 | - | - | - | €1k | €289 | ▼ 79.8% |
| Cash at bank and in hand54/58 | - | €14k | €14k | €31k | €68k | ▲ 121% |
| Deferred charges and accrued income490/1 | - | €425 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13k | €54k | €59k | €79k | €153k | ▲ 95.2% |
| Equity10/15 | €-27k | €-21k | €-4k | €-5k | €15k | ▲ 403% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Profit (loss) carried forward14 | €-39k | €-33k | €-16k | €-17k | €3k | ▲ 115% |
| Amounts payable17/49 | €40k | €75k | €63k | €84k | €138k | ▲ 65.7% |
| Amounts payable after more than one year17 | €40k | - | - | - | - | - |
| Amounts payable within one year42/48 | - | €74k | €63k | €83k | €138k | ▲ 66.3% |
| Trade debts44 | - | €1k | €2k | €5k | €5k | ▼ 0.2% |
| Suppliers440/4 | - | €1k | €2k | €5k | €5k | ▼ 0.2% |
| Advances received on contracts in progress46 | - | €6k | - | €17k | €40k | ▲ 133% |
| Taxes, remuneration and social security45 | - | €608 | €573 | €443 | €5k | ▲ 1,027% |
| Taxes450/3 | - | €608 | €573 | €443 | €5k | ▲ 1,027% |
| Other amounts payable47/48 | - | €67k | €61k | €61k | €88k | ▲ 45.9% |
| Accrued charges and deferred income492/3 | - | €300 | €300 | €300 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €6k | €17k | €-939 | €20k | ▲ 2,228% |
| + Depreciation and write-downs630 | €2k | €5k | €5k | €5k | €8k | ▲ 65.1% |
| Operating cash flow (approximation) | €305 | €11k | €22k | €4k | €28k | ▲ 609% |
| Investment in fixed assets (approximation) | - | €-19k | €5k | €0 | €-35k | - |
| Change in cash | - | - | €-166 | €17k | €37k | ▲ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
31-12
Financial
Liquidity times 7current ratio 16.49
Current ratio from 2.53 to 16.49; short-term debt falls from €7k to €611.
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 148 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2017
Ground area
238 m²
Building footprint
145 m²
Volume, LiDAR
661 m³
Parcel 11820C0520/00D034, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cycle Monkeys
since 20172.265.813.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11820C0520/00D034 | Flanders | 238 m² | 1 · 145 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,468 companies in sector 47632 we hold annual accounts for 733. 312 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47632Retail sale of bicycles
95290Repair and maintenance of other personal and household goods
Contact
Website
www.cyclemonkeys.beAntwerpen
E-mail
eric@cyclemonkeys.beAntwerpen
Phone
0468 13 26 32Antwerpen
Scores and ratios are computed by Checked and are not a credit decision.