DE FIETSENMAKER
ActiveDE FIETSENMAKER has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €427k and a net result of €64k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+1
Solvency49▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 2.31 in 2024; short-term debt: 34.1% and cash: 9% of total assets), but 75.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.2%
Return on assets
3.6%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
6 d early
2023
8 d early
2022
5 d early
2021
2 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€427k▼ 5.0%
2024 · €449k
2018: €73k
2019: €115k
2020: €196k
2021: €292k
2022: €355k
2023: €409k
2024: €449k
2018 → 2025
Total assets
€1.76M▼ 10.3%
2024 · €1.97M
2018: €744k
2019: €825k
2020: €1.03M
2021: €955k
2022: €1.61M
2023: €1.90M
2024: €1.97M
2018 → 2025
Net result
€64k▲ 8.3%
2024 · €59k
2018: €36k
2019: €46k
2020: €96k
2021: €108k
2022: €107k
2023: €114k
2024: €59k
2018 → 2025
Working capital
€938k▼ 4.5%
2024 · €981k
2018: €-4k
2019: €9k
2020: €88k
2021: €189k
2022: €237k
2023: €866k
2024: €981k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€292k-€355k▲ 21.5%€409k▲ 15.4%€449k▲ 9.8%€427k▼ 5.0%
Operating result€158k-€147k▼ 6.7%€171k▲ 16.5%€104k▼ 39.6%€108k▲ 3.9%
Net result€108k-€107k▼ 0.8%€114k▲ 7.1%€59k▼ 48.4%€64k▲ 8.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.76M
Fixed assets
€225k▼ 5.1%
Current assets
€1.54M▼ 11.0%
Equity and liabilities €1.76M
Equity
€427k▼ 5.0%
Debt
€1.34M▼ 11.9%
The debt ratio falls from 77.2% to 75.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€154k▼
2024 · €159k
Cash flow
€110k▼
2024 · €114k
Solvency
24.2%▲
2024 · 22.8%
Current ratio
2.56▲
2024 · 2.31
Quick ratio
0.44▼
2024 · 0.53
Debt / equity
3.13▼
2024 · 3.38
ROE
15.0%▲
2024 · 13.1%
ROA
3.6%▲
2024 · 3.0%
Interest coverage
4.74▲
2024 · 4.70
Debt
€1.34M▼
2024 · €1.52M
Debt ≤ 1 year
€600k▼
2024 · €747k
Debt > 1 year
€722k▼
2024 · €762k
Income taxes
€25k▲
2024 · €21k
Staff costs
€385k▼
2024 · €433k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.97M€1.76M▼
Fixed assets21/28€237k€225k▼
Intangible fixed assets21€358€118▼
Tangible fixed assets22/27€237k€225k▼
Land and buildings22€133k€123k▼
Plant, machinery and equipment23€6k€8k▲
Furniture and vehicles24€58k€59k▲
Other tangible fixed assets26€40k€35k▼
Current assets29/58€1.73M€1.54M▼
Stocks and contracts in progress3€1.33M€1.28M▼
Stocks30/36€1.33M€1.28M▼
Amounts receivable within one year40/41€97k€96k▼
Trade receivables40€89k€93k▲
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€291k€158k▼
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.97M€1.76M▼
Equity10/15€449k€427k▼
Contributions10/11€19k€19k=
Reserves13€431k€408k▼
Distributable reserves133€431k€408k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.52M€1.34M▼
Amounts payable after more than one year17€762k€722k▼
Financial debts170/4€197k€137k▼
Other amounts payable178/9€565k€585k▲
Amounts payable within one year42/48€747k€600k▼
Current portion of amounts payable after more than one year42€73k€75k▲
Financial debts43€227k€167k▼
Credit institutions430/8€227k€167k▼
Trade debts44€295k€202k▼
Suppliers440/4€295k€202k▼
Advances received on contracts in progress46€0€8k▲
Taxes, remuneration and social security45€110k€90k▼
Taxes450/3€49k€35k▼
Remuneration and social security454/9€60k€55k▼
Other amounts payable47/48€44k€58k▲
Accrued charges and deferred income492/3€7k€14k▲
Income statement
Code20242025
Remuneration, social security and pensions62€433k€385k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€46k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€594k€542k▼
Operating profit (loss)9901€104k€108k▲
Financial income75/76B€10k€14k▲
Recurring financial income75€10k€14k▲
Financial charges65/66B€34k€33k▼
Recurring financial charges65€34k€33k▼
Profit (loss) for the period before taxes9903€80k€89k▲
Income taxes67/77€21k€25k▲
Profit (loss) for the period9904€59k€64k▲
Profit (loss) for the period to be appropriated9905€59k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€59k€64k▲
Transfer from equity791/2-€77k
Transfer to equity691/2€40k€55k▲
To other reserves6921€40k€55k▲
Profit to be distributed694/7€19k€86k▲
Return on contributions (dividend)694-€77k
Directors or managers695€10k€0▼
Employees696€9k€9k=
Social balance
Average headcount (FTE)90878.87.3▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €114k ▲7.1%
Operating result €171k, net result €114k, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €200kEq €292k ▲48.5%
4 profitable years in a row build equity to €292k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €150kEq €196k ▲70.5%
3 profitable years in a row build equity to €196k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €100kEq €115k ▲57.1%
2 profitable years in a row build equity to €115k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 4 days late
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Zedelgem · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Berkenhagestraat 28210 ZedelgemGround area
678 m²
Building footprint
537 m²
Volume, LiDAR
2,815 m³
Parcel 31040C0429/02S002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Fietsenmaker
since 20112.194.954.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040C0429/02S002 | Flanders | 678 m² | 1 · 537 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 16,500 EUR awarded · 21,375 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 7,500 EUR |
| 2024 | 1 | 3,750 EUR | 3,750 EUR |
| 2023 | 1 | 5,250 EUR | 10,125 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,467 companies in sector 47632 we hold annual accounts for 733. 589 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2010
Fiscal year end30-09
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.