LA ROUE LIBRE
ActiveLA ROUE LIBRE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.01M and a net result of €106k. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 6593 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18▼-59
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 23.69 against 5.27 in 2023), and 4.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 2024Solvency, return and age of the figures
Solvency
95.2%
Return on assets
3.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
46 d late
2023
54 d early
2022
15 d late
2021
25 d late
2020
24 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€106k▼ 71.5%
2023 · €372k
2018: €109k
2019: €214k
2020: €595k
2021: €563k
2022: €454k
2023: €372k
2018 → 2024
Working capital
€2.13M▼ 1.0%
2023 · €2.16M
2018: €362k
2019: €596k
2020: €1.37M
2021: €1.60M
2022: €2.05M
2023: €2.16M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.43M-€1.72M▲ 20.6%€2.18M▲ 26.3%€2.41M▲ 10.7%€3.01M▲ 24.8%
Operating result€832k-€789k▼ 5.1%€583k▼ 26.2%€472k▼ 18.9%€122k▼ 74.2%
Net result€595k-€563k▼ 5.4%€454k▼ 19.3%€372k▼ 18.1%€106k▼ 71.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 74% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.16M
Fixed assets
€933k▲ 148%
Current assets
€2.23M▼ 16.3%
Equity and liabilities €3.16M
Equity
€3.01M▲ 24.8%
Provisions
€58k▼ 12.0%
Debt
€94k▼ 83.2%
The debt ratio falls from 18.4% to 3.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€166k▼
2023 · €508k
Cash flow
€150k▼
2023 · €407k
Solvency
95.2%▲
2023 · 79.4%
Current ratio
23.69▲
2023 · 5.27
Quick ratio
11.95▲
2023 · 2.27
Debt / equity
0.03▼
2023 · 0.23
ROE
3.5%▼
2023 · 15.4%
ROA
3.4%▼
2023 · 12.2%
Interest coverage
20.31▼
2023 · 105.76
Debt
€94k▼
2023 · €560k
Debt ≤ 1 year
€94k▼
2023 · €505k
Debt > 1 year
€0▼
2023 · €55k
Income taxes
€38k▼
2023 · €123k
Staff costs
€209k▼
2023 · €243k
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€3.04M€3.16M▲
Fixed assets21/28€376k€933k▲
Tangible fixed assets22/27€369k€926k▲
Land and buildings22€89k€686k▲
Plant, machinery and equipment23€274k€236k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€7k€7k=
Current assets29/58€2.66M€2.23M▼
Stocks and contracts in progress3€1.51M€1.10M▼
Stocks30/36€1.51M€1.10M▼
Amounts receivable within one year40/41€40k€51k▲
Trade receivables40€40k€30k▼
Other amounts receivable41-€21k
Current investments50/53-€496k
Cash at bank and in hand54/58€1.11M€577k▼
Equity and liabilities
Total equity and liabilities10/49€3.04M€3.16M▲
Equity10/15€2.41M€3.01M▲
Contributions10/11€62k€662k▲
Capital10€62k€662k▲
Issued capital100€62k€662k▲
Reserves13€2.35M€2.35M▼
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€197k€174k▼
Distributable reserves133€2.14M€2.16M▲
Profit (loss) carried forward14€227€764▲
Provisions and deferred taxes16€66k€58k▼
Deferred taxes168€66k€58k▼
Amounts payable17/49€560k€94k▼
Amounts payable after more than one year17€55k€0▼
Financial debts170/4€55k€0▼
Amounts payable within one year42/48€505k€94k▼
Trade debts44€89k€56k▼
Suppliers440/4€89k€56k▼
Taxes, remuneration and social security45€75k€38k▼
Taxes450/3€44k€11k▼
Remuneration and social security454/9€31k€28k▼
Other amounts payable47/48€341k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€243k€209k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€44k▲
Other operating charges640/8€15k€14k▼
Non-recurring operating charges66A-€64k
Gross operating margin9900€766k€453k▼
Operating profit (loss)9901€472k€122k▼
Financial income75/76B€22k€23k▲
Recurring financial income75€22k€23k▲
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€489k€136k▼
Transfer from deferred taxes780€6k€8k▲
Income taxes67/77€123k€38k▼
Profit (loss) for the period9904€372k€106k▼
Transfer from tax-exempt reserves789€17k€24k▲
Profit (loss) for the period to be appropriated9905€389k€130k▼
Appropriation of the result
Profit (loss) to be appropriated9906€389k€130k▼
Profit (loss) brought forward from the previous period14P€328€227▼
Transfer from equity791/2€138k€109k▼
Transfer to equity691/2€389k€129k▼
To other reserves6921€389k€129k▼
Profit to be distributed694/7€138k€109k▼
Return on contributions (dividend)694€138k€109k▼
Social balance
Average headcount (FTE)90879.67.8▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 46 days late
2024
31-12
Financial
Weakest financial yearnet €106k ▼71.5%
Net result drops to €106k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 23.69
Current ratio from 5.27 to 23.69; short-term debt falls from €505k to €94k.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 15 days late
2022
31-12
Financial
Equity above €2MEq €2.18M ▲26.3%
5 profitable years in a row build equity to €2.18M.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
31-12
Financial
Highest result since 2018net €595k ▲178%
Operating result €832k, net result €595k, both a record.
31-12
Financial
Equity above €1MEq €1.43M ▲71.3%
3 profitable years in a row build equity to €1.43M.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 4.17
Current ratio from 1.74 to 4.17; short-term debt falls from €490k to €188k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 48 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Herve · 1 establishment unit since 1991
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.
Rue de Herve 834651 HerveGround area
2,782 m²
Building footprint
459 m²
Volume, LiDAR
3,029 m³
Parcel 63006C0041/00C000, Wallonia · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Herve 83, 4651 Herve
since 19912.052.517.525
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006C0041/00C000 | Wallonia | 2,782 m² | 1 · 459 m² | 10.6 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
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Chamizo Fietsen
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CARBONBIKE
BE 0434.215.154
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OUDE KAZERNE
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Of 1,451 companies in sector 47632 we hold annual accounts for 721. 273 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-03-1991
Fiscal year end31-12
Activities, NACEBEL
45402
47632Retail sale of bicycles
47785Retail trade
47830Retail sale of motorcycles and motorcycle parts and accessories
50400Inland freight water transport
52492
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.