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Complete company report
Generated 15-08-2026
Active BE 0479.801.293Public limited companyOpen bankruptcy

MOVE YOUR BIKE

Lode De Boningestraat 39 ·8560 Wevelgem, Belgium· 23 yrs active
Sector: Diensten in verband met vervoer te land (52210)
Conclusion Checked

A bankruptcy procedure is open for MOVE YOUR BIKE according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-98k) and a net result of €-52k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-98k
Net result €-52k
Better than sector 8%
Active 23 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency33Growth32Stability0
33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 33
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2022 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 09-10-2023 with the NBB · fiscal year 2022 · micro
€-60k€-40k€-20k€0Operating result 2018: €-947€-947Net result 2018: €-34k€-34kOperating result 2019: €-964€-964Net result 2019: €-35k€-35kOperating result 2020: €-20k€-20kNet result 2020: €-55k€-55kOperating result 2021: €-53k€-53kNet result 2021: €-53k€-53kOperating result 2022: €-52k€-52kNet result 2022: €-52k€-52k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 52 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -49.5% 36.6%
better than 8% of 279 sector peers
Net result €-52k €9k
better than 5% of 277 sector peers
Equity €-98k €22k
better than 5% of 279 sector peers
Gross operating margin €-24k €29k
better than 5% of 277 sector peers
Total assets €198k €79k
better than 72% of 279 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-27k
+8.8% 18-22
Net profit
€-52k
+1.3% 18-22
Cash flow
€-27k
+8.4% 18-22
Total assets
€198k
-11.8% 18-22
Equity
€-98k
-113.3% 18-22
Working capital
€-261k
-11.5% 18-22
Debt
€296k
+9.4% 18-22
Debt ≤ 1y
€296k
+9.4% 18-22
Show 7 other metrics
Current ratio
0.12
-12.0% 18-22
Quick ratio
0.12
-12.0% 18-22
Solvency
-49.5%
-141.9% 18-22
Debt / equity
-3.02
+48.7% 18-22
ROE
53.1%
-53.8% 18-22
ROA
-26.3%
-11.9% 18-22
Interest coverage
-66.39
+62.3% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA€-27k
Net profit€-52k
Cash flow€-27k
Staff costs-
Income taxes-
Dividends-
Total assets€198k
Equity€-98k
Debt€296k
of which ≤ 1y€296k
of which > 1y-
Working capital€-261k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.12
Quick ratio0.12
Working capital ratio-131.9%
Solvency-49.5%
Debt / equity-3.02
Long-term debt ratio-
Interest coverage-66.39
Gross margin-
Net margin-
ROA-26.3%
ROE53.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€198k
Fixed assets 21/28€163k
Tangible fixed assets 22/27€67k
Financial fixed assets 28€96k
Current assets 29/58€35k
Amounts receivable within one year 40/41€35k
Cash & bank 54/58€93
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€198k
Equity 10/15€-98k
Contributions / capital 10/11€62k
Accumulated profits (losses) 14€-160k
Amounts payable 17/49€296k
Amounts payable within one year 42/48€296k
Trade debts payable within one year 44€27k
Income statement
Gross operating margin 9900€-24k
Operating result 9901€-52k
Financial income 75€154
Financial charges 65€401
Result before taxes 9903€-52k
Net result for the period 9904€-52k
Result to be appropriated 9905€-52k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Verhaeghe Christine
    Director
    State Gazette act 23143880 (13-11-2023)
    Current
    01-10-2023 → present
    2 events
    • 01-10-2023 Appointed· Director
    • 01-10-2023 Appointed· Managing director
Former directors (2)
  • Gheysens Lieven
    Director
    State Gazette act 23143880 (13-11-2023)
    Former
    - → 30-09-2023
    2 events
    • 30-09-2023 Resigned· Director
    • 30-09-2023 Resigned· Managing director
  • Vandriessche Wim
    Director
    State Gazette act 22146461 (12-12-2022)
    Former
    - → 03-11-2022
    2 events
    • 03-11-2022 Resigned· Director
    • 03-11-2022 Resigned· Managing director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator VIRGINIE BAILLEUL
PRINSESSESTRAAT 103, 8870 IZEGEM
 19-03-2024 → present Belgian State Gazette
Legal Structure
NACE primary Diensten in verband met vervoer te land(52210)
Legal form Public limited company(014)
Incorporation19-03-2003
StatusActive
Postal code8560
First BS signal 25-03-2024
Latest BS signal 25-03-2024
Establishment units 1 location
M.Y.B.
Lode De Boningestraat 39, 8560 WevelgemManagementsactiviteiten van holdings : tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
since 20032.132.735.733
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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34302B0652/00C005 Flanders 381 m² 1 · 195 m² 13.0 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 13 events

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

2024
25-03-2024
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · MOVE YOUR BIKE NV LODE DE BONINGESTRAAT 39, 8560 WEVELGEM · event 19-03-2024
2023
13-11-2023
State Gazette act Director changes
09-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
12-12-2022
State Gazette act Director changes
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
31-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
23-09-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
29-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
03-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
27-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
29-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
24-07-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
Lifecycle & Insolvency Signals1 events
25-03-2024
Bankruptcy Opening
Date: 19-03-2024 · Ondernemingsrechtbank Gent, afdeling Kortrijk · MOVE YOUR BIKE NV LODE DE BONINGESTRAAT 39, 8560 WEVELGEM · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-03-25 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 2 years ago
2023
13-11-2023 2 directors appointed, 2 resigning Director changes
  • Verhaeghe Christine, Bestuurder
  • Verhaeghe Christine, Gedelegeerd bestuurder
  • Gheysens Lieven, Bestuurder
  • GHEYSENS Lieven, Gedelegeerd bestuurder
Technical details 
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      "kind": "director_out",
      "role": "bestuurder",
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        "name": "Gheysens Lieven",
        "address": "Poliepelstraat 12 te 8940 Wervik-Geluwe",
        "birth_date": null,
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        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-09-30",
      "evidence_quote": "werd met \u00E9\u00E9nparigheid van stemmen beslist om met ingang vanaf 30/09/2023: * het ontslag als bestuurder te aanvaarden van: - De Heer Gheysens Lieven wonende in de Poliepelstraat 12 te 8940 Wervik-Geluwe.",
      "decharge_status": "granted",
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    },
    {
      "kind": "director_in",
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      },
      "reason": null,
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      "effective_date": "2023-10-01",
      "evidence_quote": "In zijn vervanging wordt voorzien om met ingang vanaf 01/10/2023 te benoemen tot bestuurder : - Mevrouw Verhaeghe Christine, - Chemin des Cr\u00EAtes 7-1936 Verbier Bagnes Zwitserland, die bij deze haar mandaat aanvaardt.",
      "decharge_status": null,
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        "kind": "until_agm_year",
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      "rep_rotation_new_rep": null,
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    },
    {
      "kind": "director_out",
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      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
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      "effective_date": "2023-09-30",
      "evidence_quote": "Volgend op de bijzondere algemene vergadering komt dd. 30/09/2023, ten zetel, de voltallige Raad van bestuur samen en werd tevens met \u00E9\u00E9nparigheid van stemmen beslist om met ingang vanaf 30/09/2023 het ontslag als gedelegeerd bestuurder te aanvaarden van: - de heer GHEYSENS Lieven, wonende te 8940 W",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Verhaeghe Christine",
        "address": "Chemin des Cr\u00EAtes",
        "birth_date": null,
        "profession": null,
        "birth_place": "1936 Verbier, Bagnes Valais (Zwitserland)"
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": "2023-10-01",
      "evidence_quote": "In zijn vervanging wordt voorzien om met ingang vanaf 1/10/2023 te benoemen tot gedelegeerd bestuurder: - mevrouw Verhaeghe Christine, wonende te 1936 Verbier, Bagnes Valais (Zwitserland), Chemin des Cr\u00EAtes, die bij deze haar mandaat aanvaardt.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Wevelgem",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-11-13",
    "filing_date": "2023-10-31",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2023-09-30",
      "unanimous": true
    },
    {
      "body": "raad_van_bestuur",
      "date": "2023-09-30",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0479.801.293",
    "name_full": "MOVE YOUR BIKE",
    "legal_form": "Naamloze vennootschap"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Verhaeghe Christine",
    "org_rep_person_name": null,
    "person_role_at_subject": "gedelegeerd bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2022
12-12-2022 2 resigning Director changes
  • Vandriessche Wim, Bestuurder
  • Vandriessche Wim, Gedelegeerd bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Vandriessche Wim",
        "address": "Beversesteenweg 417 bus 0021 te 8800 Roeselare",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2022-11-03",
      "evidence_quote": "werd met \u00E9\u00E9nparigheid van stemmen beslist om met ingang vanaf 03/11/2022: * het ontslag als bestuurder te aanvaarden van:",
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      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_out",
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      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
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      "compensated": null,
      "effective_date": "2022-11-03",
      "evidence_quote": "werd tevens met \u00E9\u00E9nparigheid van stemmen beslist om\nmet ingang vanaf 03/11/2022:\n* het ontslag te aanvaarden als gedelegeerd bestuurder van:",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Wevelgem",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2022-11-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2022-11-03",
      "unanimous": true
    },
    {
      "body": "raad_van_bestuur",
      "date": "2022-11-03",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0479.801.293",
    "name_full": "MOVE YOUR BIKE",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Gheysens Lieven",
    "org_rep_person_name": null,
    "person_role_at_subject": "gedelegeerd bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Diensten in verband met vervoer te land52210Diensten in verband met vervoer te land52210
Primary activity highlighted.
Names & trade names
Legal nameNL MOVE YOUR BIKE
AbbreviationNL M.Y.B.
Registered office
Lode De Boningestraat 39
8560 Wevelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative