SDR BIKE
ActiveSDR BIKE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31k and a net result of €70k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 26053 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+39
Solvency30▼-3
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.5 in 2023; short-term debt: 88.1% and cash: 3.8% of total assets), and 94.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.3%
Return on assets
12.3%
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 08-08-2025, 8 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
8 d late
2023
29 d late
2022
31 d early
2021
80 d late
2020
90 d late
2019
87 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€70k▲ 2,836%
2023 · €2k
2018: €1k
2019: €35k
2020: €47k
2021: €41k
2022: €55k
2023: €2k
2018 → 2024
Working capital
€53k▼ 66.8%
2023 · €158k
2018: €36k
2019: €49k
2020: €79k
2021: €55k
2022: €153k
2023: €158k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€93k-€22k▼ 76.6%€37k▲ 69.3%€39k▲ 6.5%€31k▼ 21.8%
Operating result€65k-€59k▼ 9.9%€79k▲ 35.4%€26k▼ 67.4%€128k▲ 394%
Net result€47k-€41k▼ 13.3%€55k▲ 35.0%€2k▼ 95.6%€70k▲ 2,836%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 394% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €574k
Fixed assets
€16k▼ 15.5%
Current assets
€558k▲ 17.3%
Equity and liabilities €574k
Equity
€31k▼ 21.8%
Debt
€543k▲ 19.3%
The debt ratio rises from 92.1% to 94.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€134k▲
2023 · €34k
Cash flow
€76k▲
2023 · €10k
Solvency
5.3%▼
2023 · 7.9%
Current ratio
1.10▼
2023 · 1.50
Quick ratio
0.27▲
2023 · 0.17
Debt / equity
17.74▲
2023 · 11.63
ROE
230.2%▲
2023 · 6.1%
ROA
12.3%▲
2023 · 0.5%
Interest coverage
4.46▲
2023 · 1.49
Debt
€543k▲
2023 · €455k
Debt ≤ 1 year
€505k▲
2023 · €317k
Debt > 1 year
€38k▼
2023 · €138k
Income taxes
€30k▲
2023 · €2k
Staff costs
€69k▲
2023 · €58k
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€494k€574k▲
Fixed assets21/28€19k€16k▼
Intangible fixed assets21€2k€3k▲
Tangible fixed assets22/27€16k€12k▼
Plant, machinery and equipment23€875€455▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€13k€10k▼
Financial fixed assets28€659€659=
Current assets29/58€476k€558k▲
Stocks and contracts in progress3€421k€420k▼
Stocks30/36€421k€420k▼
Amounts receivable within one year40/41€44k€116k▲
Trade receivables40€19k€39k▲
Other amounts receivable41€26k€76k▲
Cash at bank and in hand54/58€10k€22k▲
Deferred charges and accrued income490/1€76€863▲
Equity and liabilities
Total equity and liabilities10/49€494k€574k▲
Equity10/15€39k€31k▼
Contributions10/11€20k€20k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€18k€10k▼
Amounts payable17/49€455k€543k▲
Amounts payable after more than one year17€138k€38k▼
Financial debts170/4€138k€38k▼
Amounts payable within one year42/48€317k€505k▲
Current portion of amounts payable after more than one year42€46k€88k▲
Financial debts43€12k€40k▲
Credit institutions430/8€12k€40k▲
Trade debts44€163k€164k▲
Suppliers440/4€163k€164k▲
Advances received on contracts in progress46€35k€13k▼
Taxes, remuneration and social security45€60k€115k▲
Taxes450/3€50k€104k▲
Remuneration and social security454/9€10k€12k▲
Other amounts payable47/48€1k€85k▲
Income statement
Code20232024
Non-recurring operating income76A-€960
Remuneration, social security and pensions62€58k€69k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€2k€18k▲
Non-recurring operating charges66A-€7k
Gross operating margin9900€94k€228k▲
Operating profit (loss)9901€26k€128k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€23k€30k▲
Recurring financial charges65€23k€30k▲
Profit (loss) for the period before taxes9903€4k€100k▲
Income taxes67/77€2k€30k▲
Profit (loss) for the period9904€2k€70k▲
Profit (loss) for the period to be appropriated9905€2k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€89k▲
Profit (loss) brought forward from the previous period14P€16k€18k▲
Profit to be distributed694/7-€79k
Return on contributions (dividend)694-€79k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
31-12
Financial
Highest result since 2018net €70k ▲2836%
Operating result €128k, net result €70k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 80 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gembloux · 1 establishment unit since 2014
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.
Chaussée de Namur 2275030 GemblouxGround area
5,146 m²
Building footprint
152 m²
Parcel 92254A0387/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chaussée de Namur 227, 5030 Gembloux
since 20142.235.251.271
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92254A0387/00L000 | Wallonia | 5,146 m² | 1 · 152 m² | - |
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
VLIVAN
BE 0768.935.034
Blankenberge · Eq €30k
Kugoo Kirin Belgium
BE 1002.904.180
Wemmel · Eq €30k
VINCENT VAN PARYS
BE 0776.869.634
Mechelen · Eq €30k
H.A.M. CARS
BE 0479.816.339
Zottegem · Eq €31k
Total Concept for Cycling
BE 0438.594.804
Aalst · Eq €31k
Of 1,467 companies in sector 47632 we hold annual accounts for 732. 449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-2014
Fiscal year end31-12
Activities, NACEBEL
45402
47632Retail sale of bicycles
47785Retail trade
47830Retail sale of motorcycles and motorcycle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.