FIETSEN MARKOEN
ActiveFIETSEN MARKOEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243k and a net result of €105k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 51% of 10252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+2
Solvency63▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.67 against 3.26 in 2024; short-term debt: 13.4% and cash: 8.8% of total assets), but 61.7% 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 · 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
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
38.3%
Return on assets
16.5%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
2 d early
2021
3 d early
2020
32 d early
2019
on the day
← 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, abbreviated schema
Equity
€243k▲ 2.0%
2024 · €239k
2018: €254k
2019: €273k
2020: €359k
2021: €424k
2022: €528k
2023: €366k
2024: €239k
2018 → 2025
Total assets
€635k▼ 5.9%
2024 · €675k
2018: €370k
2019: €338k
2020: €523k
2021: €582k
2022: €683k
2023: €733k
2024: €675k
2018 → 2025
Net result
€105k▲ 4.7%
2024 · €100k
2018: €24k
2019: €44k
2020: €86k
2021: €66k
2022: €103k
2023: €117k
2024: €100k
2018 → 2025
Working capital
€314k▲ 4.0%
2024 · €301k
2018: €122k
2019: €129k
2020: €213k
2021: €254k
2022: €316k
2023: €234k
2024: €301k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€424k-€528k▲ 24.3%€366k▼ 30.6%€239k▼ 34.9%€243k▲ 2.0%
Operating result€97k-€134k▲ 38.9%€159k▲ 18.5%€143k▼ 10.1%€151k▲ 6.1%
Net result€66k-€103k▲ 57.6%€117k▲ 13.6%€100k▼ 14.5%€105k▲ 4.7%
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 recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €635k
Fixed assets
€236k▼ 1.6%
Current assets
€399k▼ 8.3%
Equity and liabilities €635k
Equity
€243k▲ 2.0%
Debt
€391k▼ 10.2%
The debt ratio falls from 64.6% to 61.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€176k▲
2024 · €168k
Cash flow
€130k▲
2024 · €125k
Solvency
38.3%▲
2024 · 35.4%
Current ratio
4.67▲
2024 · 3.26
Quick ratio
0.78▲
2024 · 0.64
Debt / equity
1.61▼
2024 · 1.83
ROE
43.1%▲
2024 · 42.0%
ROA
16.5%▲
2024 · 14.9%
Interest coverage
16.36▼
2024 · 19.32
Debt
€391k▼
2024 · €436k
Debt ≤ 1 year
€85k▼
2024 · €134k
Debt > 1 year
€297k▼
2024 · €299k
Income taxes
€36k▲
2024 · €34k
Staff costs
€93k▲
2024 · €85k
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€675k€635k▼
Fixed assets21/28€240k€236k▼
Tangible fixed assets22/27€240k€236k▼
Land and buildings22€237k€234k▼
Plant, machinery and equipment23€2k€566▼
Furniture and vehicles24€1k€789▼
Current assets29/58€435k€399k▼
Stocks and contracts in progress3€349k€332k▼
Stocks30/36€349k€332k▼
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€7k€8k▲
Other amounts receivable41€929€1k▲
Cash at bank and in hand54/58€77k€56k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€675k€635k▼
Equity10/15€239k€243k▲
Contributions10/11€75k€75k=
Reserves13€63k€63k=
Distributable reserves133€63k€63k=
Profit (loss) carried forward14€100k€105k▲
Amounts payable17/49€436k€391k▼
Amounts payable after more than one year17€299k€297k▼
Financial debts170/4€299k€294k▼
Other amounts payable178/9-€3k
Amounts payable within one year42/48€134k€85k▼
Current portion of amounts payable after more than one year42€21k€10k▼
Trade debts44€25k€25k▲
Suppliers440/4€25k€25k▲
Taxes, remuneration and social security45€47k€50k▲
Taxes450/3€37k€40k▲
Remuneration and social security454/9€10k€9k▼
Other amounts payable47/48€40k€114▼
Accrued charges and deferred income492/3€3k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€85k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€257k€274k▲
Operating profit (loss)9901€143k€151k▲
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€134k€141k▲
Income taxes67/77€34k€36k▲
Profit (loss) for the period9904€100k€105k▲
Profit (loss) for the period to be appropriated9905€100k€105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€328k€205k▼
Profit (loss) brought forward from the previous period14P€228k€100k▼
Profit to be distributed694/7€228k€100k▼
Return on contributions (dividend)694€228k€100k▼
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (19 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 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €117k ▲13.6%
Operating result €159k, net result €117k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €528k ▲24.3%
5 profitable years in a row build equity to €528k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Destelbergen · 1 establishment unit since 2003
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.
Dendermondesteenweg 5369070 DestelbergenGround area
597 m²
Building footprint
448 m²
Volume, LiDAR
2,685 m³
Parcel 44013B0494/00W005, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FIETSEN MARKOEN
since 20032.131.588.559
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0494/00W005 | Flanders | 597 m² | 1 · 448 m² | 11.5 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
BOSCH SPORT
BE 0807.378.411
Kontich · Eq €243k
INNOVATIVECYCLING
BE 0673.506.137
Hamont-Achel · Eq €243k
BIKE SERVICE PIETERS
BE 0432.109.165
Dendermonde · Eq €244k
De Vélo Soigneur
BE 0612.988.926
Alken · Eq €241k
ESPACE CYCLES
BE 0464.662.365
Etalle · Eq €245k
Of 1,467 companies in sector 47632 we hold annual accounts for 732. 626 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2003
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
52492
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.