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SKY BIKES

Active
Private limited companyfounded 20178 yrs activeVogelenzangstraat 67, 3070 Kortenberg, BelgiumKBO/BCE: BE 0683.886.919

SKY BIKES has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50k and a net result of €17k. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
63 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+4
Solvency58▼-34
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 2.71 in 2023; short-term debt: 54.2% and cash: 12.7% of total assets), but 66.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
33.1%
Return on assets
11.2%
Age of the figures
21 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 09-10-2025, 70 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
70 d late
2023
31 d late
2022
92 d late
2021
92 d late
2020
94 d late
2019
101 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€50k▲ 22.6%
2023 · €41k
2018: €12k 2019: €16k 2020: €32k 2021: €33k 2022: €35k 2023: €41k
2018 → 2024
Total assets
€152k▲ 148%
2023 · €61k
2018: €54k 2019: €36k 2020: €81k 2021: €52k 2022: €62k 2023: €61k
2018 → 2024
Net result
€17k▲ 252%
2023 · €5k
2018: €15k 2019: €4k 2020: €16k 2021: €782 2022: €2k 2023: €5k
2018 → 2024
Working capital
€41k▲ 19.4%
2023 · €35k
2018: €8k 2019: €13k 2020: €30k 2021: €29k 2022: €34k 2023: €35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€32k-€33k▲ 2.4%€35k▲ 6.6%€41k▲ 16.6%€50k▲ 22.6%
Operating result€21k-€2k▼ 90.6%€4k▲ 93.2%€7k▲ 98.1%€23k▲ 212%
Net result€16k-€782▼ 95.2%€2k▲ 180%€5k▲ 120%€17k▲ 252%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2020: €21k€21kNet result 2020: €16k€16kOperating result 2021: €2k€2kNet result 2021: €782€782Operating result 2022: €4k€4kNet result 2022: €2k€2kOperating result 2023: €7k€7kNet result 2023: €5k€5kOperating result 2024: €23k€23kNet result 2024: €17k€17k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 212% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €152k
Fixed assets €28k▲ 338%
Current assets €124k▲ 126%
Equity and liabilities €152k
Equity €50k▲ 22.6%
Debt €102k▲ 404%
The debt ratio rises from 33.0% to 66.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€28k
2023 · €9k
Cash flow
€22k
2023 · €7k
Solvency
33.1%
2023 · 67.0%
Current ratio
1.50
2023 · 2.71
Quick ratio
1.07
2023 · 1.98
Debt / equity
2.02
2023 · 0.49
ROE
33.8%
2023 · 11.8%
ROA
11.2%
2023 · 7.9%
Interest coverage
32.30
2023 · 39.45
Debt
€102k
2023 · €20k
Debt ≤ 1 year
€82k
2023 · €20k
Debt > 1 year
€19k
Income taxes
€6k
2023 · €2k
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€61k€152k
Fixed assets21/28€6k€28k
Tangible fixed assets22/27€6k€28k
Plant, machinery and equipment23€522€197
Furniture and vehicles24€6k€28k
Current assets29/58€55k€124k
Amounts receivable after more than one year29€6k€5k
Other amounts receivable291€6k€5k
Stocks and contracts in progress3€15k€35k
Stocks30/36€15k€35k
Amounts receivable within one year40/41€30k€63k
Trade receivables40€29k€52k
Other amounts receivable41€491€11k
Cash at bank and in hand54/58€3k€19k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€61k€152k
Equity10/15€41k€50k
Contributions10/11€7k€7k=
Reserves13€14k€24k
Distributable reserves133€14k€24k
Profit (loss) carried forward14€19k€19k=
Amounts payable17/49€20k€102k
Amounts payable after more than one year17-€19k
Financial debts170/4-€10k
Other amounts payable178/9-€10k
Amounts payable within one year42/48€20k€82k
Current portion of amounts payable after more than one year42-€5k
Trade debts44€13k€40k
Suppliers440/4€13k€40k
Advances received on contracts in progress46-€25k
Taxes, remuneration and social security45€7k€13k
Taxes450/3€6k€11k
Remuneration and social security454/9€1k€3k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k
Other operating charges640/8€924€867
Non-recurring operating charges66A€4k-
Gross operating margin9900€14k€29k
Operating profit (loss)9901€7k€23k
Financial income75/76B€4€267
Recurring financial income75€4€267
Financial charges65/66B€238€864
Recurring financial charges65€238€864
Profit (loss) for the period before taxes9903€7k€23k
Income taxes67/77€2k€6k
Profit (loss) for the period9904€5k€17k
Profit (loss) for the period to be appropriated9905€5k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€24k€36k
Profit (loss) brought forward from the previous period14P€19k€19k=
Transfer from equity791/2-€8k
Transfer to equity691/2€5k€17k
To other reserves6921€5k€17k
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
09-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
31-12
Financial Highest result since 2018net €17k ▲252%
Operating result €23k, net result €17k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial Weakest financial yearnet €782 ▼95.2%
Net result drops to €782, the lowest in the series; recovery starts the following year.
02-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 94 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro 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, Kortenberg
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.

Vogelenzangstraat 673070 Kortenberg
Ground area
433 m²
Building footprint
81 m²
Volume, LiDAR
553 m³
Parcel 24055B0458/00Y000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24055B0458/00Y000 Flanders 433 m² 1 · 81 m² 9.4 m · 2 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

Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 13,079 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-10-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
47632Retail sale of bicycles
47785Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.