Fietsen Willems
ActiveFietsen Willems has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €297k and a net result of €28k. Equity is growing by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
76
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-40
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.94 against 2.69 in 2023), and 32.4% of the assets are financed with debt.
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
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
6 d early
2022
17 d early
2021
2 d early
2020
5 d late
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€297k▲ 10.6%
2023 · €269k
2018: €22k
2019: €43k
2020: €103k
2021: €165k
2022: €221k
2023: €269k
2018 → 2024
Total assets
€439k▲ 7.0%
2023 · €411k
2018: €149k
2019: €173k
2020: €229k
2021: €289k
2022: €367k
2023: €411k
2018 → 2024
Net result
€28k▼ 39.8%
2023 · €47k
2018: €866
2019: €21k
2020: €60k
2021: €62k
2022: €57k
2023: €47k
2018 → 2024
Working capital
€275k▲ 15.8%
2023 · €238k
2018: €-8k
2019: €15k
2020: €76k
2021: €140k
2022: €185k
2023: €238k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€103k-€165k▲ 60.1%€221k▲ 34.5%€269k▲ 21.4%€297k▲ 10.6%
Operating result€86k-€92k▲ 6.5%€82k▼ 10.5%€70k▼ 15.1%€42k▼ 39.8%
Net result€60k-€62k▲ 3.0%€57k▼ 8.0%€47k▼ 16.7%€28k▼ 39.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 40% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €439k
Fixed assets
€22k▼ 31.1%
Current assets
€418k▲ 10.2%
Equity and liabilities €439k
Equity
€297k▲ 10.6%
Debt
€142k▲ 0.2%
The debt ratio falls from 34.6% to 32.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€53k▼
2023 · €81k
Cash flow
€39k▼
2023 · €58k
Solvency
67.6%▲
2023 · 65.4%
Current ratio
2.94▲
2023 · 2.69
Quick ratio
0.07▼
2023 · 0.17
Debt / equity
0.48▼
2023 · 0.53
ROE
9.6%▼
2023 · 17.6%
ROA
6.5%▼
2023 · 11.5%
Interest coverage
14.13▼
2023 · 26.45
Debt
€142k▲
2023 · €142k
Debt ≤ 1 year
€142k▲
2023 · €141k
Income taxes
€11k▼
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€411k€439k▲
Fixed assets21/28€32k€22k▼
Tangible fixed assets22/27€32k€22k▼
Land and buildings22€51€26▼
Plant, machinery and equipment23€25k€21k▼
Furniture and vehicles24€6k€725▼
Financial fixed assets28€90€90=
Current assets29/58€379k€418k▲
Stocks and contracts in progress3€355k€408k▲
Stocks30/36€355k€408k▲
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€6k€8k▲
Other amounts receivable41€2k€711▼
Cash at bank and in hand54/58€12k€409▼
Deferred charges and accrued income490/1€3k€36▼
Equity and liabilities
Total equity and liabilities10/49€411k€439k▲
Equity10/15€269k€297k▲
Contributions10/11€6k€6k=
Reserves13€235k€263k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€233k€262k▲
Profit (loss) carried forward14€27k€27k=
Amounts payable17/49€142k€142k▲
Amounts payable after more than one year17€855-
Financial debts170/4€855-
Amounts payable within one year42/48€141k€142k▲
Current portion of amounts payable after more than one year42€5k€855▼
Financial debts43-€24k
Credit institutions430/8-€24k
Trade debts44€39k€16k▼
Suppliers440/4€39k€16k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€662€662=
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€95k€99k▲
Income statement
Code20232024
Remuneration, social security and pensions62€386-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€362€212▼
Gross operating margin9900€82k€53k▼
Operating profit (loss)9901€70k€42k▼
Financial income75/76B€2k€898▼
Recurring financial income75€2k€898▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€68k€39k▼
Income taxes67/77€21k€11k▼
Profit (loss) for the period9904€47k€28k▼
Profit (loss) for the period to be appropriated9905€47k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€56k▼
Profit (loss) brought forward from the previous period14P€27k€27k=
Transfer to equity691/2€47k€28k▼
To other reserves6921€47k€28k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €221k ▲34.5%
5 profitable years in a row build equity to €221k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €62k ▲3%
Operating result €92k, net result €62k, both a record.
31-12
Financial
Equity above €150kEq €165k ▲60.1%
4 profitable years in a row build equity to €165k.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Equity above €100kEq €103k ▲140%
3 profitable years in a row build equity to €103k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
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, Tessenderlo-Ham · 1 establishment unit since 2014
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.
Heldenplein 183945 Tessenderlo-HamGround area
525 m²
Building footprint
666 m²
Parcel 71046A1293/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
Fietsen Willems
since 20142.231.605.160
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71046A1293/00S000 | Flanders | 525 m² | 1 · 666 m² | - |
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
VEGA BIKE
BE 0879.982.020
Tielt · Eq €295k
COOPMAN TWEEWIELERS
BE 0479.246.514
Brugge · Eq €300k
Singletrack Bikes
BE 0840.964.363
Hasselt · Eq €301k
BENBIKE
BE 0894.488.072
Philippeville · Eq €293k
JENS 4U
BE 0540.639.792
Landen · Eq €302k
Of 1,454 companies in sector 47632 we hold annual accounts for 721. 607 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-2014
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.