Active BE 0799.186.166Public limited company

CYCLING GURU'S

Karel Van Miertstraat 7 ·3070 Kortenberg, Belgium· 3 yrs active

Sector: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies (70200)

Conclusion Checked

The computed 12-month bankruptcy probability of CYCLING GURU'S is 0.4% (very low). The 2024 annual accounts show equity of €8.27M and a net result of €-695k. Its solvency ranks better than 40% of 1398 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€8.27M
Net result	€-695k
Better than sector	40%
Active	3 yrs

Financial profile 5 of 5 axes measured · computed by Checked

45 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 47

Profitability 0

Solvency 51

Growth 32

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2023, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

47 / 100 Fair

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 25-07-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	32.4%	43.5%	better than 40% of 1398 sector peers
Net result	€-695k	€42k	better than 5% of 1399 sector peers
Equity	€8.27M	€163k	better than 95% of 1399 sector peers
Gross operating margin	€-24k	€72k	better than 5% of 1398 sector peers
Total assets	€25.52M	€607k	better than 95% of 1398 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€-695k

-37.9% 23-24

Total assets

€25.52M

+6.0% 23-24

Equity

€8.27M

-7.8% 23-24

Working capital

€15k

- 23-24

Debt

€17.25M

+14.2% 23-24

Debt ≤ 1y

€1.06M

-31.0% 23-24

Debt > 1y

€15.59M

+17.7% 23-24

Current ratio

1.01

+131.5% 23-24

Show 5 other metrics

Quick ratio

1.01

+131.5% 23-24

Solvency

32.4%

-13.0% 23-24

Debt / equity

2.09

+23.8% 23-24

ROE

-8.4%

-49.5% 23-24

ROA

-2.7%

-30.1% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	-
Net profit	€-695k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€25.52M
Equity	€8.27M
Debt	€17.25M
of which ≤ 1y	€1.06M
of which > 1y	€15.59M
Working capital	€15k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.01
Quick ratio	1.01
Working capital ratio	0.1%
Solvency	32.4%
Debt / equity	2.09
Long-term debt ratio	1.89
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-2.7%
ROE	-8.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €24.45M · 95.8% Current assets €1.07M · 4.2%

Equity & liabilities

Equity €8.27M · 32.4% Debt €17.25M · 67.6%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€25.52M
Fixed assets	21/28	€24.45M
Financial fixed assets	28	€24.45M
Current assets	29/58	€1.07M
Amounts receivable within one year	40/41	€105k
Cash & bank	54/58	€963k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€25.52M
Equity	10/15	€8.27M
Contributions / capital	10/11	€9.47M
Accumulated profits (losses)	14	€-1.20M
Amounts payable	17/49	€17.25M
Amounts payable after one year	17	€15.59M
Amounts payable within one year	42/48	€1.06M
Trade debts payable within one year	44	€285k
Income statement
Gross operating margin	9900	€-24k
Operating result	9901	€-25k
Financial income	75	€2k
Financial charges	65	€672k
Result before taxes	9903	€-695k
Net result for the period	9904	€-695k
Result to be appropriated	9905	€-695k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form	Public limited company(014)
Incorporation	06-03-2023
Status	Active
Postal code	3070

Connections & network 2 connected companies

Group structure

LUDO

We sit on their board · 1 location

→

Network connections

OUT OF THE BOX CONSULT

Shared director

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control 1 parties

CYCLING GURU'SBE 0799.186.166

controls

Where this company holds controlthis company sits on their board1

LUDO

1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Establishment units 1 location

CYCLING GURU'S

Karel Van Miertstraat 7, 3070 KortenbergManagementsactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.

since 20232.342.777.850

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24055A0024/00G003	Flanders	1.9 ha	1 · 9,817 m²	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

30-07-2025

State Gazette act Capital & shares

Thomas Dusselier

25-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

31-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

30-07-2025

Capital change

All acts · 1 updated 1 year ago

2025

30-07-2025 Capital increase of €3,000,000 to €12,465,000 Capital & shares·Thomas Dusselier

€9.465.000 → €12.465.000
Inbreng in geld · Apport en numéraire

Notary: Thomas Dusselier · Knokke-Heist

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220

Primary activity highlighted.

Names & trade names

Legal nameNL

CYCLING GURU'S

Registered office

Karel Van Miertstraat 7

3070 Kortenberg, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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