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Complete company report
Generated 05-08-2026
Active BE 1003.881.605Private limited company

JUSTART

Pannestraat 35 ·8630 Veurne, Belgium· 2 yrs active
Sector: Retail trade (47632)
Conclusion Checked

The computed 12-month bankruptcy probability of JUSTART is 4.3% (elevated). The 2024 annual accounts show negative equity (€-111k) and a net result of €-121k. Its solvency ranks better than 19% of 6695 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-111k
Net result €-121k
Staff (FTE) 0.3
Better than sector 19%
Snowflake analysis 5 axes · computed by Checked
Health25Profitability100Solvency47Growth50Stability67
58 / 100

Mixed profile: strong on profitability, weaker on health.

Health 25
Profitability 100
Solvency 47
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
4.3% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
25 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -19.7% 20.4%
better than 19% of 6695 sector peers
Net result €-121k €4k
better than 5% of 6675 sector peers
Equity €-111k €16k
better than 5% of 6709 sector peers
Gross operating margin €-71k €24k
better than 5% of 6654 sector peers
Staff costs €16k €33k
higher than 32% of 3032 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€-88k
Net profit€-121k
Cash flow€-98k
Staff costs€16k
Income taxes-
Dividends-
Total assets€562k
Equity€-111k
Debt€672k
of which ≤ 1y€350k
of which > 1y€322k
Working capital€43k
Employees (FTE)0.3
Ratios (computed)
2024
Current ratio1.12
Quick ratio0.11
Working capital ratio7.7%
Solvency-19.7%
Debt / equity-6.07
Long-term debt ratio-2.91
Interest coverage-8.35
Gross margin-
Net margin-
ROA-21.5%
ROE109.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€562k
Fixed assets 21/28€168k
Intangible fixed assets 21€90k
Tangible fixed assets 22/27€78k
Current assets 29/58€393k
Stocks & contracts in progress 3€353k
Amounts receivable within one year 40/41€10k
Cash & bank 54/58€22k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€562k
Equity 10/15€-111k
Contributions / capital 10/11€10k
Accumulated profits (losses) 14€-121k
Amounts payable 17/49€672k
Amounts payable after one year 17€322k
Amounts payable within one year 42/48€350k
Trade debts payable within one year 44€27k
Income statement
Gross operating margin 9900€-71k
Operating result 9901€-111k
Financial income 75€1k
Financial charges 65€11k
Result before taxes 9903€-121k
Net result for the period 9904€-121k
Result to be appropriated 9905€-121k
Ratios computed by Checked.
Legal Structure
NACE primary Retail trade(47632)
Legal form Private limited company(610)
Incorporation26-12-2023
StatusActive
Postal code8630
Establishment units 2 locations
Wim's Bike Center
Pannestraat 35, 8630 VeurneVervaardiging van fietsen en invalidenwagens
since 20232.354.218.506
Wim’s Bike aan Zee
Strandlaan(Kok) 288, 8670 KoksijdeVervaardiging van fietsen en invalidenwagens
since 20242.364.649.370
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38025A0070/00M005 Flanders 869 m² 1 · 717 m² 10.4 m · 2 fl.
38014D0222/00B000 Flanders 413 m² 1 · 257 m² 14.8 m · 4 fl.
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.
Updates 1 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
30-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Detailhandel in fietsen47632Detailhandel in fietsen in gespecialiseerde winkels47785Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen45402Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen47830
Primary activity highlighted.
Names & trade names
Legal nameNL JUSTART
Registered office
Pannestraat 35
8630 Veurne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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DCQ BIKES BE 0685.615.103 · Jabbeke
ROELENS BE 0464.193.696 · Moorslede
BIKE FOR BUSINESS BE 0651.869.692 · Knokke-Heist
BONAVENTURE BE 0417.860.657 · Hooglede
BRUCE CYCLING BE 0663.526.520 · Zedelgem
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative