Fietsen Geert
ActiveFietsen Geert has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €43k. Equity is growing by ~40.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-4
Solvency97▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 4.08 against 2.95 in 2024; short-term debt: 21.8% and cash: 17.6% of total assets), and 27.6% 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
72.4%
Return on assets
18%
Age of the figures
9 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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
4 d early
2021
31 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€175k▲ 31.3%
2024 · €133k
2021: €28k
2022: €68k
2023: €89k
2024: €133k
2021 → 2025
Total assets
€242k▲ 12.4%
2024 · €215k
2021: €106k
2022: €151k
2023: €185k
2024: €215k
2021 → 2025
Net result
€43k▼ 4.7%
2024 · €46k
2021: €25k
2022: €42k
2023: €21k
2024: €46k
2021 → 2025
Working capital
€162k▲ 33.8%
2024 · €121k
2021: €33k
2022: €73k
2023: €73k
2024: €121k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€68k▲ 143%€89k▲ 31.3%€133k▲ 49.0%€175k▲ 31.3%
Operating result€32k-€56k▲ 73.6%€28k▼ 49.4%€63k▲ 121%€65k▲ 3.3%
Net result€25k-€42k▲ 69.1%€21k▼ 48.8%€46k▲ 114%€43k▼ 4.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets
€27k▼ 15.4%
Current assets
€215k▲ 17.2%
Equity and liabilities €242k
Equity
€175k▲ 31.3%
Debt
€67k▼ 18.4%
The debt ratio falls from 38.0% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€74k▲
2024 · €72k
Cash flow
€53k▼
2024 · €55k
Solvency
72.4%▲
2024 · 62.0%
Current ratio
4.08▲
2024 · 2.95
Quick ratio
1.80▲
2024 · 1.31
Debt / equity
0.38▼
2024 · 0.61
ROE
24.8%▼
2024 · 34.2%
ROA
18.0%▼
2024 · 21.2%
Interest coverage
66.30▲
2024 · 54.16
Debt
€67k▼
2024 · €82k
Debt ≤ 1 year
€53k▼
2024 · €62k
Debt > 1 year
€11k▼
2024 · €16k
Income taxes
€21k▲
2024 · €17k
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€215k€242k▲
Fixed assets21/28€31k€27k▼
Tangible fixed assets22/27€31k€27k▼
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24€12k€7k▼
Other tangible fixed assets26€14k€12k▼
Current assets29/58€184k€215k▲
Stocks and contracts in progress3€102k€120k▲
Stocks30/36€102k€120k▲
Amounts receivable within one year40/41€965€1k▲
Trade receivables40€965€324▼
Other amounts receivable41-€1k
Current investments50/53-€50k
Cash at bank and in hand54/58€80k€43k▼
Deferred charges and accrued income490/1€996€905▼
Equity and liabilities
Total equity and liabilities10/49€215k€242k▲
Equity10/15€133k€175k▲
Contributions10/11€10k€10k=
Reserves13€123k€165k▲
Distributable reserves133€123k€165k▲
Amounts payable17/49€82k€67k▼
Amounts payable after more than one year17€16k€11k▼
Financial debts170/4€16k€11k▼
Amounts payable within one year42/48€62k€53k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€573€965▲
Suppliers440/4€573€965▲
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€47k€36k▼
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€445-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€687€758▲
Gross operating margin9900€73k€75k▲
Operating profit (loss)9901€63k€65k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€63k€65k▲
Income taxes67/77€17k€21k▲
Profit (loss) for the period9904€46k€43k▼
Profit (loss) for the period to be appropriated9905€46k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€43k▼
Transfer to equity691/2€44k€42k▼
To other reserves6921€44k€42k▼
Profit to be distributed694/7€2k€2k▼
Return on contributions (dividend)694€2k€2k▼
The notes to these accounts (7 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €175k ▲31.3%
5 profitable years in a row build equity to €175k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €46k ▲114%
Net result €46k, the highest in the series.
31-12
Financial
Equity above €100kEq €133k ▲49%
4 profitable years in a row build equity to €133k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €21k ▼48.8%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
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, Lede · 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.
Keibergkerkweg 629340 LedeGround area
1,566 m²
Building footprint
159 m²
Volume, LiDAR
1,162 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Fietsen Geert
since 20212.314.447.615
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034C0243/00X000 | Flanders | 868 m² | 1 · 105 m² | 10.9 m · 2 fl. |
| 41034C0243/00W000 | Flanders | 698 m² | 1 · 54 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
FIETSEN MB
BE 0630.670.442
Mortsel · Eq €174k
SDL-Services
BE 0840.246.761
Huldenberg · Eq €176k
FD BIKES
BE 0829.543.109
Brecht · Eq €174k
RITECH
BE 0672.446.758
Bornem · Eq €177k
BIKELIFE
BE 0642.870.765
Beersel · Eq €173k
Of 1,467 companies in sector 47632 we hold annual accounts for 732. 640 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2021
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
30920Manufacture of other transport equipment
47279Other retail sale of food
47299Retail trade
47639Retail sale of other sporting goods
47640Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
77210Renting and leasing of sports and recreation goods
93299Other amusement and recreation activities
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 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.