The wheel stuff
ActiveThe computed 12-month bankruptcy probability of The wheel stuff is 1.6% (moderate). The 2025 annual accounts show equity of €34k and a net result of €2k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 18039 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-27
Solvency72=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.78 in 2024; short-term debt: 53.3% and cash: 14.1% of total assets), but 53.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
46.7%
Return on assets
2.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 6 filingsDeviation from the deadline
2025
7 d late
2024
29 d late
2023
6 d late
2022
31 d late
2021
29 d late
2020
12 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 5.0%
2024 · €32k
2020: €11k
2021: €19k
2022: €24k
2023: €28k
2024: €32k
2020 → 2025
Total assets
€73k▲ 5.9%
2024 · €69k
2020: €30k
2021: €43k
2022: €56k
2023: €60k
2024: €69k
2020 → 2025
Net result
€2k▼ 63.7%
2024 · €5k
2020: €-2k
2021: €9k
2022: €4k
2023: €4k
2024: €5k
2020 → 2025
Working capital
€31k▲ 7.2%
2024 · €29k
2020: €12k
2021: €19k
2022: €22k
2023: €24k
2024: €29k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€24k▲ 23.0%€28k▲ 17.4%€32k▲ 16.1%€34k▲ 5.0%
Operating result€9k-€6k▼ 29.3%€6k▼ 0.5%€8k▲ 24.1%€4k▼ 50.9%
Net result€9k-€4k▼ 48.5%€4k▼ 7.2%€5k▲ 9.1%€2k▼ 63.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€3k▼ 10.8%
Current assets
€69k▲ 6.9%
Equity and liabilities €73k
Equity
€34k▲ 5.0%
Debt
€39k▲ 6.6%
The debt ratio rises from 52.9% to 53.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €9k
Cash flow
€2k▼
2024 · €5k
Solvency
46.7%▼
2024 · 47.1%
Current ratio
1.79▲
2024 · 1.78
Quick ratio
0.57▲
2024 · 0.46
Debt / equity
1.14▲
2024 · 1.12
ROE
4.8%▼
2024 · 13.9%
ROA
2.2%▼
2024 · 6.5%
Interest coverage
2.43▼
2024 · 5.00
Debt
€39k▲
2024 · €36k
Debt ≤ 1 year
€39k▲
2024 · €36k
Income taxes
€545▼
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€69k€73k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€178€0▼
Current assets29/58€65k€69k▲
Stocks and contracts in progress3€48k€47k▼
Stocks30/36€48k€47k▼
Amounts receivable within one year40/41€9k€11k▲
Trade receivables40€9k€10k▲
Other amounts receivable41€11€958▲
Cash at bank and in hand54/58€8k€10k▲
Deferred charges and accrued income490/1€90€754▲
Equity and liabilities
Total equity and liabilities10/49€69k€73k▲
Equity10/15€32k€34k▲
Contributions10/11€13k€13k=
Reserves13€20k€22k▲
Distributable reserves133€20k€22k▲
Amounts payable17/49€36k€39k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€36k€39k▲
Current portion of amounts payable after more than one year42€890€0▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Advances received on contracts in progress46€9k€8k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€22k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€827€419▼
Other operating charges640/8€505€520▲
Gross operating margin9900€9k€5k▼
Operating profit (loss)9901€8k€4k▼
Financial income75/76B€11€46▲
Recurring financial income75€11€46▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€6k€2k▼
Income taxes67/77€2k€545▼
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€2k▼
Transfer to equity691/2€5k€2k▼
To other reserves6921€5k€2k▼
The notes to these accounts (5 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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hulshout · 1 establishment unit since 2020
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.
Bertelsbroekstraat 302235 HulshoutGround area
967 m²
Building footprint
140 m²
Volume, LiDAR
695 m³
Parcel 13016D0099/00E000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
The Wheel Stuff
since 20202.301.108.729
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13016D0099/00E000 | Flanders | 967 m² | 1 · 140 m² | 7.8 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
GHM
BE 0458.718.344
Rendeux · Eq €34k
F.A.W. Solutions
BE 0546.972.706
Beersel · Eq €35k
Fietsen Bastijns
BE 1022.482.146
Hoogstraten · Eq €35k
CICLO MORELLO
BE 0471.876.393
Hoogstraten · Eq €33k
BIKEPACKING BELGIUM
BE 0675.863.633
Antwerpen · Eq €33k
Of 1,467 companies in sector 47632 we hold annual accounts for 732. 484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2020
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
33170Repair, maintenance and installation of machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.thewheelstuff.be
E-mail:luc@thewheelstuff.be