S'BY BIKES
ActiveS'BY BIKES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €326k and a net result of €7k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 13.08 against 6.63 in 2024; short-term debt: 6.6% and cash: 0% of total assets), and 11.5% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.5%
Return on assets
1.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
3 d early
2023
16 d early
2022
3 d late
2021
16 d late
2020
30 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▼ 12.5%
2024 · €8k
2018: €-13k
2019: €21k
2020: €51k
2021: €5k
2022: €6k
2023: €21k
2024: €8k
2018 → 2025
Working capital
€296k▲ 5.6%
2024 · €280k
2018: €209k
2019: €218k
2020: €264k
2021: €273k
2022: €261k
2023: €275k
2024: €280k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€285k-€291k▲ 2.1%€311k▲ 7.1%€319k▲ 2.5%€326k▲ 2.1%
Operating result€10k-€11k▲ 3.7%€35k▲ 228%€12k▼ 64.6%€12k▼ 4.0%
Net result€5k-€6k▲ 18.6%€21k▲ 240%€8k▼ 61.9%€7k▼ 12.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €368k
Fixed assets
€48k▼ 23.6%
Current assets
€320k▼ 2.9%
Equity and liabilities €368k
Equity
€326k▲ 2.1%
Debt
€42k▼ 42.6%
The debt ratio falls from 18.7% to 11.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €27k
Cash flow
€22k▼
2024 · €23k
Solvency
88.5%▲
2024 · 81.3%
Current ratio
13.08▲
2024 · 6.63
Quick ratio
0.79▲
2024 · 0.43
Debt / equity
0.13▼
2024 · 0.23
ROE
2.1%▼
2024 · 2.5%
ROA
1.9%▼
2024 · 2.0%
Interest coverage
8.77▲
2024 · 6.47
Debt
€42k▼
2024 · €74k
Debt ≤ 1 year
€24k▼
2024 · €50k
Debt > 1 year
€18k▼
2024 · €24k
Income taxes
€2k▲
2024 · €312
Staff costs
€-34▼
2024 · €19k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€393k€368k▼
Fixed assets21/28€63k€48k▼
Tangible fixed assets22/27€63k€48k▼
Land and buildings22€14k€12k▼
Plant, machinery and equipment23€518€507▼
Furniture and vehicles24€26k€16k▼
Other tangible fixed assets26€22k€19k▼
Current assets29/58€330k€320k▼
Stocks and contracts in progress3€309k€301k▼
Stocks30/36€309k€301k▼
Amounts receivable within one year40/41€14k€17k▲
Trade receivables40€2k€1k▼
Other amounts receivable41€13k€16k▲
Cash at bank and in hand54/58€5k€144▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€393k€368k▼
Equity10/15€319k€326k▲
Contributions10/11€15k€15k=
Outside capital11€15k€15k=
Other1109/19€15k€15k=
Reserves13€206k€206k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€204k€204k=
Profit (loss) carried forward14€98k€105k▲
Amounts payable17/49€74k€42k▼
Amounts payable after more than one year17€24k€18k▼
Financial debts170/4€24k€18k▼
Amounts payable within one year42/48€50k€24k▼
Current portion of amounts payable after more than one year42€16k€6k▼
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€21k€2k▼
Suppliers440/4€21k€2k▼
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€5k€5k=
Income statement
Code20242025
Non-recurring operating income76A€5€0▼
Remuneration, social security and pensions62€19k€-34▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€5€9▲
Gross operating margin9900€50k€30k▼
Operating profit (loss)9901€12k€12k▼
Financial income75/76B€75€114▲
Recurring financial income75€75€114▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€8k€9k▲
Income taxes67/77€312€2k▲
Profit (loss) for the period9904€8k€7k▼
Profit (loss) for the period to be appropriated9905€8k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€105k▲
Profit (loss) brought forward from the previous period14P€90k€98k▲
Social balance
Average headcount (FTE)90870.4-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 3 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €51k ▲140%
Operating result €69k, net result €51k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.19
Current ratio from 3.02 to 6.19; short-term debt falls from €108k to €51k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Waremme · 1 establishment unit since 2007
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 Huy 2744300 WaremmeGround area
2,597 m²
Building footprint
73 m²
Volume, LiDAR
562 m³
Parcel 64074B0417/00P002, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
S'BY BIKES
since 20072.160.069.739
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074B0417/00P002 | Wallonia | 2,597 m² | 1 · 73 m² | 9.3 m · 3 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
FAST Assistance
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AMODI
BE 0667.565.678
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KENSINGTON
BE 0471.548.177
Gent · Eq €328k
FIT AND FUN
BE 0476.647.310
Quévy · Eq €329k
Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,282 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2007
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
13960Manufacture of textiles
17540
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.sbybikes.com
E-mail:info@sbybikes.be