Checked.be
Active
BE 0462.018.621Private limited company
SYMENS CYCLOS SERVICES
Rue des Ateliers 3 ·1332 Rixensart, Belgium· 28 yrs active
Sector: Retail sale of bicycles
(47632)
Conclusion
SYMENS CYCLOS SERVICES has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380k and a net result of €36k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 30% of 4040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €380k |
| Net result | €36k |
| Better than sector | 30% |
| Active | 28 yrs |
Financial profile
55
/ 100
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
Health
69
Profitability
48
Solvency
27
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1997, 28 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
69
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€25k
estimate, not credit advice
Score history
93
2021
35
2022
48
2023
69
2024
69
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.14 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.14 (≥ 1.0)
+5
Leverage
Debt/equity 4.06 (> 3.0)
-10
Profitability
ROE 10%
+3
Interest coverage
Interest coverage 5.0× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 11-04-2026 with the NBB · fiscal year 2025 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 5 fiscal years (±1.7%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
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).
Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.7% | 36.2% | |
| Net result | €36k | €42k | |
| Equity | €380k | €441k | |
| Gross operating margin | €125k | €324k | |
| Total assets | €1.93M | €1.38M |
€114k
+2.6%
21-25
€36k
+10.1%
21-25
€92k
+3.8%
21-25
€1.93M
-2.7%
21-25
€380k
+10.6%
21-25
€60k
-6.7%
21-25
1
-60.0%
21-25
€-298
-
21-25
€4k
+1386.2%
21-25
€1.54M
-5.5%
21-25
€429k
+1.5%
21-25
€1.11M
-7.9%
21-25
1.14
-1.1%
21-25
1.14
-1.1%
21-25
19.7%
+13.7%
21-25
4.06
-14.6%
21-25
9.6%
-0.5%
21-25
1.9%
+13.1%
21-25
5.02
+6.8%
21-25
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | +2.6% | +89.2% | -52.6% | -38.2% | - |
| Net profit | +10.1% | - | +84.8% | - | - |
| Cash flow | +3.8% | +215.8% | -76.4% | -23.4% | - |
| Staff costs | - | - | - | -17.7% | - |
| Income taxes | - | - | +1386.2% | -99.4% | - |
| Dividends | - | - | - | - | - |
| Total assets | -2.7% | -16.5% | +1.7% | +176.6% | - |
| Equity | +10.6% | +10.7% | -6.3% | -29.4% | - |
| Debt | -5.5% | -20.7% | +3.0% | +443.5% | - |
| of which ≤ 1y | +1.5% | -43.9% | +26.8% | +64.6% | - |
| of which > 1y | -7.9% | -7.2% | -7.0% | +23729.5% | - |
| Working capital | -6.7% | -36.4% | -41.2% | -57.8% | - |
| Employees (FTE) | - | - | - | -60.0% | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.14 | 1.15 | 1.13 | 1.29 | 2.12 |
| Quick ratio | 1.14 | 1.15 | 1.13 | 0.37 | 1.11 |
| Working capital ratio | 3.1% | 3.2% | 4.2% | 7.3% | 48.0% |
| Solvency | 19.7% | 17.3% | 13.1% | 14.2% | 55.7% |
| Debt / equity | 4.06 | 4.75 | 6.62 | 6.02 | 0.78 |
| Long-term debt ratio | 2.93 | 3.51 | 4.19 | 4.22 | 0.01 |
| Interest coverage | 5.02 | 4.70 | 2.12 | 7.11 | 21.73 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 1.9% | 1.7% | -0.9% | -5.9% | 17.2% |
| ROE | 9.6% | 9.6% | -6.8% | -41.7% | 30.8% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.93M | €1.98M | €2.37M | €2.33M | €843k |
| Fixed assets | 21/28 | €1.44M | €1.49M | €1.52M | €1.57M | €77k |
| Tangible fixed assets | 22/27 | €1.44M | €1.49M | €1.52M | €1.57M | €77k |
| Current assets | 29/58 | €489k | €487k | €854k | €765k | €766k |
| Stocks & contracts in progress | 3 | - | - | - | €547k | €365k |
| Amounts receivable within one year | 40/41 | €487k | €487k | €852k | €164k | €186k |
| Cash & bank | 54/58 | €2k | €320 | €2k | €55k | €216k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.93M | €1.98M | €2.37M | €2.33M | €843k |
| Equity | 10/15 | €380k | €344k | €310k | €331k | €470k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €37k | €37k | €37k | €37k | €37k |
| Accumulated profits (losses) | 14 | €337k | €300k | €267k | €288k | €427k |
| Provisions & deferred taxes | 16 | €7k | €7k | €7k | €7k | €7k |
| Amounts payable | 17/49 | €1.54M | €1.63M | €2.06M | €1.99M | €367k |
| Amounts payable after one year | 17 | €1.11M | €1.21M | €1.30M | €1.40M | €6k |
| Amounts payable within one year | 42/48 | €429k | €423k | €753k | €594k | €361k |
| Trade debts payable within one year | 44 | €114k | €113k | €481k | €276k | €272k |
| Income statement | ||||||
| Gross operating margin | 9900 | €125k | €114k | €69k | €184k | €247k |
| Operating result | 9901 | €59k | €56k | €10k | €-132k | €192k |
| Financial income | 75 | - | €517 | €1k | €12k | €10k |
| Financial charges | 65 | €23k | €24k | €28k | €17k | €9k |
| Result before taxes | 9903 | €36k | €33k | €-17k | €-138k | €193k |
| Income taxes | 67/77 | - | - | €4k | €303 | €48k |
| Net result for the period | 9904 | €36k | €33k | €-21k | €-138k | €145k |
| Result to be appropriated | 9905 | €36k | €33k | €-21k | €-138k | €164k |
Legal Structure
| NACE primary | Retail sale of bicycles(47632) |
| Legal form | Private limited company(610) |
| Incorporation | 28-11-1997 |
| Status | Active |
| Postal code | 1332 |
Establishment units
SYMENS CYCLOS SERVICES
since 19982.088.667.445
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033B0525/00D004 | Wallonia | 7,574 m² | 1 · 2,386 m² | - |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
11-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
30-09
Financial
Back to profitnet €33k
Net result €33k after 2 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 41 days late
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Weakest financial yearnet €-138k ▼196%
Net result drops to €-138k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Retail sale of bicycles47632Retail trade47785Inland freight water transport5040045402Retail sale of motorcycles and motorcycle parts and accessories47830
Names & trade names
| Legal nameFR | SYMENS CYCLOS SERVICES |
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