Equity
€60,123 from €214,998 in 2021
Equity fell by 72% in 4 years.
TOP CYCLE
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €188,328 (2021)
€67,387▲ 233%
lowest -€75,157 (2022)
€278▲ €56,496
peak €214,998 (2021)
€60,123▲ 0.5%
€548,194▼ 8.3%
peak 0.5 FTE (2018)
-not published
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Gross margin from €20,207 to €67,387Back to profit: €278
Key points
from the 2025 annual accountsResult
€278 €278
Back in profit in 2025, after a loss of €56,217 in 2024.
Turnover
≈ €440,000 estimated
The accounts state no turnover.
Debts
€548,194 90% of the balance sheet
Financial debts 82%Suppliers 3%Taxes and wages 1%Other 14%
€400,519 of the debts are secured on the company's own assets. In 2022 that was €466,360.
Filings
28 annual accounts since 1998
Four of the last ten came late. The 2019 accounts came latest: 28 days after the end of the period.
Position in the sector
9.9%
Lower solvency than 81% of companies in retail trade. Sector median 36.9% · 13,234 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,220 companies had the same profile as TOP CYCLE has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
2.5%
stopped another way
1.5%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,220 companies, not a prediction for TOP CYCLE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0461482646
1 director appointed, 1 manager resigning, 1 reappointment
Resignation: (manager) · Reappointment: (director) · Appointment: (director) · Gazette deed
First establishment
Chaussée de Nivelles, Mazy 3D, Gembloux
Incorporation
published on 01-10-1997 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TOP CYCLE Gembloux | €608,316 | €67,387 | 9.9% | - |
| R& S Trans Lille | €509,104 | €52,751 | 70.6% | - |
| TM RACING BELGIUM Braine-le-Château | €672,775 | €57,447 | 17.5% | 1 |
| ONE & OTHER Bornem | €768,258 | €89,648 | 91.7% | - |
| CYCLES MENET Comines-Warneton | €590,057 | €104,348 | 56.6% | 1 |
| Paddocksplace Herk-de-Stad | €468,921 | €77,697 | 1.0% | - |
| MOTO ZENITH Huy | €806,694 | €97,227 | 38.6% | - |
These companies have the same main activity as TOP CYCLE: retail sale of motorcycles and motorcycle parts and accessories (NACE 47830). They are comparable in size and age: total assets between €469,000 and €807,000, founded between 1990 and 2003.
Official details
Source: KBO- Status
- Active since 22-09-1997Normal situation
- Activity
- Retail sale of motorcycles and motorcycle parts and accessoriesNACE 47830and 2 others
- Establishment unit
- 2.083.650.8625032 Gembloux, since 08-10-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €608,316▼ 7.5%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on TOP CYCLE
TOP CYCLE files the abbreviated format. That format states no turnover. The gross margin rose from €21,725 in 2006 to €67,387 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TOP CYCLE
- What is the company number of TOP CYCLE?
- The company number of TOP CYCLE is 0461.482.646. The VAT number is the same number with BE in front: BE 0461.482.646.
- Where is TOP CYCLE based?
- The registered office is at Chaussée de Nivelles, Mazy 3, 5032 Gembloux.Company details
- What does TOP CYCLE do?
- According to the KBO register, the main activity is retail sale of motorcycles and motorcycle parts and accessories (NACE 47830).
- What is the legal form of TOP CYCLE?
- TOP CYCLE is a private limited company (BV).
- When was TOP CYCLE founded?
- TOP CYCLE was founded on 22-09-1997.
- Is TOP CYCLE still active?
- Yes, TOP CYCLE is an active enterprise in the KBO register.
- How many employees does TOP CYCLE have?
- TOP CYCLE had an average of 0.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of TOP CYCLE?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €67,387 and 39 comparable companies (NACE 478). It probably lies between €280,000 and €980,000.
- Is TOP CYCLE profitable?
- In financial year 2025, TOP CYCLE made a profit of €278.
- Where can I find the annual accounts of TOP CYCLE?
- TOP CYCLE filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TOP CYCLE due?
- TOP CYCLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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