Fietsen Storms

Active

Private limited companyfounded 20215 yrs activeBlaubergsesteenweg 113, 2230 Herselt, BelgiumKBO/BCE: BE 0768.609.093

Summary

The computed 12-month bankruptcy probability of Fietsen Storms is 1.7% (moderate). The 2024 annual accounts show equity of €1.15M and a net result of €226k. Equity is growing by ~34.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 9623 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

67 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability82▼-2

Solvency78▲+13

Growth52=

Track record94

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €75k at 30 days acceptable

Liquidity ample (current ratio 2.62 against 2.14 in 2023; short-term debt: 23.9% and cash: 5.3% of total assets), and 47.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

52.6%

Return on assets

10.4%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

51 d early

2023

37 d early

2022

31 d late

2021

40 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€1.15M▲ 24.5%

2023 · €922k

2021: €356k 2022: €644k 2023: €922k

2021 → 2024

Total assets

€2.18M▼ 5.5%

2023 · €2.31M

2021: €1.20M 2022: €2.26M 2023: €2.31M

2021 → 2024

Net result

€226k▼ 18.7%

2023 · €278k

2021: €306k 2022: €288k 2023: €278k

2021 → 2024

Working capital

€848k▲ 7.2%

2023 · €791k

2021: €298k 2022: €527k 2023: €791k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€356k-€644k▲ 80.9%€922k▲ 43.2%€1.15M▲ 24.5%

Operating result€391k-€369k▼ 5.7%€403k▲ 9.2%€345k▼ 14.4%

Net result€306k-€288k▼ 5.8%€278k▼ 3.5%€226k▼ 18.7%

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 falls in 2024; 2024 is 14% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.18M

37.3%

62.7%

Fixed assets €814k ▼ 1.3%

Current assets €1.37M ▼ 7.8%

Equity and liabilities €2.18M

52.6%

47.4%

Equity €1.15M ▲ 24.5%

Debt €1.04M ▼ 25.4%

The debt ratio falls from 60.1% to 47.4%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€418k▼

2023 · €469k

Cash flow

€299k▼

2023 · €344k

Current ratio

2.62▲

2023 · 2.14

Quick ratio

0.36▲

2023 · 0.24

Debt / equity

0.90▼

2023 · 1.51

ROE

19.7%▼

2023 · 30.2%

ROA

10.4%▼

2023 · 12.0%

Interest coverage

12.46▼

2023 · 16.11

Debt ≤ 1 year

€522k▼

2023 · €696k

Debt > 1 year

€503k▼

2023 · €694k

Income taxes

€96k▼

2023 · €109k

Staff costs

€135k▲

2023 · €129k

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 · 2024 against 2023 · 52 lines

Balance sheet Code20232024

Assets

Total assets20/58€2.31M€2.18M▼

Fixed assets21/28€825k€814k▼

Intangible fixed assets21€35k€30k▼

Tangible fixed assets22/27€790k€784k▼

Land and buildings22€548k€525k▼

Plant, machinery and equipment23€6k€13k▲

Furniture and vehicles24€59k€83k▲

Other tangible fixed assets26€177k€163k▼

Current assets29/58€1.49M€1.37M▼

Stocks and contracts in progress3€1.32M€1.18M▼

Stocks30/36€1.32M€1.18M▼

Amounts receivable within one year40/41€42k€61k▲

Trade receivables40€42k€61k▲

Current investments50/53-€4k

Cash at bank and in hand54/58€120k€117k▼

Deferred charges and accrued income490/1€5k€5k▲

Equity and liabilities

Total equity and liabilities10/49€2.31M€2.18M▼

Equity10/15€922k€1.15M▲

Contributions10/11€50k€50k=

Capital10€50k€50k=

Issued capital100€50k€50k=

Reserves13€872k€1.10M▲

Distributable reserves133€872k€1.10M▲

Amounts payable17/49€1.39M€1.04M▼

Amounts payable after more than one year17€694k€503k▼

Financial debts170/4€694k€503k▼

Amounts payable within one year42/48€696k€522k▼

Current portion of amounts payable after more than one year42€72k€72k▼

Trade debts44€139k€97k▼

Suppliers440/4€139k€97k▼

Taxes, remuneration and social security45€146k€68k▼

Taxes450/3€125k€42k▼

Remuneration and social security454/9€21k€26k▲

Other amounts payable47/48€339k€286k▼

Accrued charges and deferred income492/3-€11k

Income statement Code20232024

Remuneration, social security and pensions62€129k€135k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€73k▲

Other operating charges640/8€14k€14k▲

Gross operating margin9900€612k€568k▼

Operating profit (loss)9901€403k€345k▼

Financial income75/76B€13k€11k▼

Recurring financial income75€13k€11k▼

Financial charges65/66B€29k€34k▲

Recurring financial charges65€29k€34k▲

Profit (loss) for the period before taxes9903€387k€322k▼

Income taxes67/77€109k€96k▼

Profit (loss) for the period9904€278k€226k▼

Profit (loss) for the period to be appropriated9905€278k€226k▼

Appropriation of the result

Profit (loss) to be appropriated9906€278k€226k▼

Transfer to equity691/2€278k€226k▼

To other reserves6921€278k€226k▼

Social balance

Average headcount (FTE)90875.05.0=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2025

10-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €226k ▼18.7%

Net result drops to €226k, the lowest in the series.

31-12

Financial Equity above €1MEq €1.15M ▲24.5%

4 profitable years in a row build equity to €1.15M.

24-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 31 days late

2022

31-12

Financial Equity above €500kEq €644k ▲80.9%

2 profitable years in a row build equity to €644k.

21-06

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, Herselt · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Blaubergsesteenweg 1132230 Herselt

Ground area

823 m²

Building footprint

726 m²

Volume, LiDAR

5,849 m³

Parcel 13013F0218/03L004, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Fietsen Storms

Blaubergsesteenweg 113, 2230 HerseltNACE 45402

since 20212.317.369.194

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13013F0218/03L004	Flanders	823 m²	1 · 726 m²	11.6 m · 3 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

2024 to 2025 · 2 entries · 6,390 EUR awarded · 6,390 EUR paid

Year	Entries	awarded	paid
2025	1	4,590 EUR	4,590 EUR
2024	1	1,800 EUR	1,800 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 6,390 EUR · 6,390 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Get Fixed

BE 0759.640.256

Tessenderlo-Ham · Eq €1.13M

Kasterlee · Eq €1.09M

Of 1,467 companies in sector 47632 we hold annual accounts for 733. 462 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded20-05-2021

Fiscal year end31-12

Activities, NACEBEL

47632Retail sale of bicycles

47785Retail trade

45402

47830Retail sale of motorcycles and motorcycle parts and accessories

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.