MULLER CYCLES
The computed 12-month bankruptcy probability of MULLER CYCLES is 2.7% (moderate). The 2024 annual accounts show equity of €149k and a net result of €25k. Equity is growing by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 6698 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €149k |
| Net result | €25k |
| Staff (FTE) | 1.3 |
| Better than sector | 48% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.3% | 20.4% | |
| Net result | €25k | €4k | |
| Equity | €149k | €16k | |
| Gross operating margin | €114k | €24k | |
| Staff costs | €11k | €33k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €436k |
| EBITDA | €99k |
| Net profit | €25k |
| Cash flow | €72k |
| Staff costs | €11k |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €816k |
| Equity | €149k |
| Debt | €667k |
| of which ≤ 1y | €172k |
| of which > 1y | €495k |
| Working capital | €53k |
| Employees (FTE) | 1.3 |
| 2024 | |
|---|---|
| Current ratio | 1.31 |
| Quick ratio | 0.13 |
| Working capital ratio | 6.6% |
| Solvency | 18.3% |
| Debt / equity | 4.47 |
| Long-term debt ratio | 3.32 |
| Interest coverage | 4.38 |
| Gross margin | 26.2% |
| Net margin | 5.8% |
| ROA | 3.1% |
| ROE | 16.8% |
| EBITDA margin | 22.8% |
| Days sales outstanding | 2d |
| Days payable outstanding | 19d |
| Inventory turnover | 1.58 |
| Days inventory (DSI) | 230d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €816k |
| Fixed assets | 21/28 | €591k |
| Formation expenses | 20 | €271 |
| Tangible fixed assets | 22/27 | €591k |
| Financial fixed assets | 28 | €45 |
| Current assets | 29/58 | €225k |
| Stocks & contracts in progress | 3 | €203k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €816k |
| Equity | 10/15 | €149k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €84k |
| Accumulated profits (losses) | 14 | €60k |
| Amounts payable | 17/49 | €667k |
| Amounts payable after one year | 17 | €495k |
| Amounts payable within one year | 42/48 | €172k |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Turnover | 70 | €436k |
| Gross operating margin | 9900 | €114k |
| Operating result | 9901 | €52k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €23k |
| Result before taxes | 9903 | €31k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €25k |
| Result to be appropriated | 9905 | €25k |
| NACE primary | Detailhandel in fietsen(47632) |
| Legal form | Private limited company(610) |
| Incorporation | 14-12-2020 |
| Status | Active |
| Postal code | 6790 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-07-2025 Publication in the Belgian Official Gazette, Minor change
Technical details
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"notary": {
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"office_city": "Athus",
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"act_meta": {
"language": "mixed",
"pub_date": "2025-07-31",
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"act_kind_objet": "OBJET"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2025-07-22",
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"rule_changes_summary": "Modification de l\u0027objet social en rempla\u00E7ant l\u0027article 3 des statuts par un nouveau texte d\u00E9taillant les activit\u00E9s de la soci\u00E9t\u00E9."
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"subject_company": {
"kbo": "0759.770.811",
"name_full": "MULLER CYCLES",
"legal_form": "SRL"
},
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"publication_proxy": {
"kind": "none",
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},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 31/07/2025 - Annexes du Moniteur belge"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
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"is_volet_a_only_stub": false,
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"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MULLER CYCLES |