FIETS ATELJEE VERMEULEN
ActiveFIETS ATELJEE VERMEULEN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248k and a net result of €114k. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 51% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
78
/ 100
Excellent▼ -22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency68▼-29
Growth78=
Stability94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 2.14 in 2024), but 64.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
35.7%
Return on assets
16.5%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
61 d late
2023
21 d late
2022
28 d late
2021
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€248k▼ 26.4%
2024 · €337k
2021: €76k
2022: €110k
2023: €198k
2024: €337k
2021 → 2025
Total assets
€695k▲ 13.7%
2024 · €611k
2021: €260k
2022: €343k
2023: €467k
2024: €611k
2021 → 2025
Net result
€114k▼ 17.9%
2024 · €139k
2021: €71k
2022: €34k
2023: €88k
2024: €139k
2021 → 2025
Working capital
€232k▼ 25.7%
2024 · €312k
2021: €72k
2022: €107k
2023: €179k
2024: €312k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€110k▲ 44.4%€198k▲ 79.5%€337k▲ 70.5%€248k▼ 26.4%
Operating result€98k-€46k▼ 53.5%€119k▲ 160%€200k▲ 67.6%€178k▼ 10.6%
Net result€71k-€34k▼ 52.5%€88k▲ 159%€139k▲ 59.2%€114k▼ 17.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €695k
Fixed assets
€26k▲ 3.6%
Current assets
€669k▲ 14.2%
Equity and liabilities €695k
Equity
€248k▼ 26.4%
Debt
€447k▲ 63.2%
The debt ratio rises from 44.8% to 64.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€183k▼
2024 · €203k
Cash flow
€119k▼
2024 · €143k
Solvency
35.7%▼
2024 · 55.2%
Current ratio
1.53▼
2024 · 2.14
Quick ratio
0.80▼
2024 · 1.04
Debt / equity
1.80▲
2024 · 0.81
ROE
46.2%▲
2024 · 41.4%
ROA
16.5%▼
2024 · 22.8%
Interest coverage
8.35▼
2024 · 13.74
Debt
€447k▲
2024 · €274k
Debt ≤ 1 year
€437k▲
2024 · €274k
Income taxes
€50k▼
2024 · €54k
Staff costs
€43k▲
2024 · €21k
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€611k€695k▲
Fixed assets21/28€25k€26k▲
Tangible fixed assets22/27€25k€26k▲
Plant, machinery and equipment23€13k€12k▼
Other tangible fixed assets26€11k€13k▲
Current assets29/58€586k€669k▲
Stocks and contracts in progress3€302k€319k▲
Stocks30/36€302k€319k▲
Amounts receivable within one year40/41€125k€32k▼
Trade receivables40€108k€31k▼
Other amounts receivable41€18k€105▼
Cash at bank and in hand54/58€155k€315k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€611k€695k▲
Equity10/15€337k€248k▼
Contributions10/11€5k€5k=
Reserves13€332k€243k▼
Distributable reserves133€332k€243k▼
Amounts payable17/49€274k€447k▲
Amounts payable within one year42/48€274k€437k▲
Trade debts44€58k€12k▼
Suppliers440/4€58k€12k▼
Taxes, remuneration and social security45€68k€117k▲
Taxes450/3€64k€109k▲
Remuneration and social security454/9€3k€7k▲
Other amounts payable47/48€148k€308k▲
Accrued charges and deferred income492/3-€10k
Income statement
Code20242025
Remuneration, social security and pensions62€21k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€225k€230k▲
Operating profit (loss)9901€200k€178k▼
Financial income75/76B€8k€8k▼
Recurring financial income75€8k€8k▼
Financial charges65/66B€15k€22k▲
Recurring financial charges65€15k€22k▲
Profit (loss) for the period before taxes9903€193k€165k▼
Income taxes67/77€54k€50k▼
Profit (loss) for the period9904€139k€114k▼
Profit (loss) for the period to be appropriated9905€139k€114k▼
Appropriation of the result
Profit (loss) to be appropriated9906€139k€114k▼
Transfer from equity791/2-€200k
Transfer to equity691/2€139k€111k▼
To other reserves6921€139k€111k▼
Profit to be distributed694/7-€204k
Return on contributions (dividend)694-€200k
Directors or managers695-€4k
The notes to these accounts (5 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2021net €139k ▲59.2%
Operating result €200k, net result €139k, both a record.
31-12
Financial
Equity above €200kEq €337k ▲70.5%
4 profitable years in a row build equity to €337k.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Equity above €150kEq €198k ▲79.5%
3 profitable years in a row build equity to €198k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €34k ▼52.5%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €110k ▲44.4%
2 profitable years in a row build equity to €110k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zoersel · 1 establishment unit since 2021
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.
Handelslei 872980 ZoerselGround area
641 m²
Building footprint
435 m²
Volume, LiDAR
3,129 m³
Parcel 11453I0139/00D004, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FIETS ATELJEE VERMEULEN
since 20212.311.399.142
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11453I0139/00D004 | Flanders | 641 m² | 1 · 435 m² | 13.3 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.
Similar companies · same sector, comparable size
B-CYCLING
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Roman Hambardzumyan
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DC Transport
BE 0839.419.786
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ESPACE CYCLES
BE 0464.662.365
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FIETSEN MOENS
BE 0777.725.808
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Of 1,451 companies in sector 47632 we hold annual accounts for 720. 616 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2020
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
47721Retail sale of footwear
47789Other retail sale of new goods
77210Renting and leasing of sports and recreation goods
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.