Financials
- Financial year
- 2025
- Total assets
- €351,935
- Profit
- €14,544
- Solvency
- 39.9%
Total assets▲ 6.6%
Net result
20192025
NORTH BIKE
Special situationSummary
The file of NORTH BIKE contains 4 judicial reorganisation notices, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of NORTH BIKE as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €140,575 and a net result of €14,544. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 56% of 22,513 sector peers (NACE 47, financial year 2025).
Overview
Activity
Retail sale of bicycles
NACE 47632
1 site
Size
€351,935total assets 2025
- Staff
- 2.8 FTE
- Equity
- €140,575
- Profit
- €14,544
Turnover not published (micro format)Net result -95%: 12-month year
Financial health
24
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Signalsraises riskRegister: special situationneutralEarlier reorganisation (closed)Filed after the deadlineShow the evidence
Checked score
Score 2025
24
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency
65+2
equity 39.9% of total assets
Liquidity
38-12
short-term debt 35.1% · cash 2.8%
Profitability
74-14
return on assets 4.1%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 2.29, compared with 3.81 in 2024, above the usual 1.5; short-term debt: 35.1% and cash: 2.8% of total assets), but 60.1% of the assets are financed with debt and provisions.
Signals
Three signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 28-02-2025 was due by 30-09-2025 and was filed on 12-12-2025, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
73 days late
2024
56 days late
2022
29 days late
2021
31 days late
2020
30 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 52 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Transfer under judicial authorityEnterprise Court of Liège, Liège…
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- SERVAIS Christophe Grégory JoséDirector
Timeline
- Events
- 16
- Since
- 2020
- 29-02-2024Back to profit
- 29-02-2024Liquidity more than 6 times
- 29-02-2024Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of bicyclesNACE 47632
- Founded
- 17-04-2019
- Year ends
- 28-02
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 30
- Annual meeting
- Last Friday of August at 18:00
- Purpose
- “La location,l’importation et l’exportation,la représentation,achat et vente au détail ou…” (deed in French)
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