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WV1

Active
Public limited companyfounded 201511 yrs activeTramstraat 63, 9052 Gent, BelgiumKBO/BCE: BE 0627.969.585

The file of WV1 contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 18.0% (high). The 2025 annual accounts show equity of €374,760 and a net result of €177,427. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 5048 sector peers (fiscal year 2025).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▲+10
Solvency62▼-37
Growth39▼-13
Track record60
Bankruptcy probability, 12 months
18.0% High
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.53 against 3.78 in 2024; short-term debt: 63.3% and cash: 11.7% of total assets), but 63.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Judicial reorganisation on record
A judicial reorganisation is on record, and one often precedes a bankruptcy.
Belgian State Gazette
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
36.7%
Return on assets
17.4%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-07-2026, 265 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
265 d late
2024
45 d early
2023
36 d early
2022
40 d early
2021
38 d early
2020
30 d late
2019
80 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 23 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close29-09-2026 today31-10-2026 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

History

WV1 was incorporated on 26 March 2015.1 Revenue fell from EUR 6.6 million in 2018 to EUR 3.6 million in 2025 and headcount from 33.4 to 44.2 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€3.6m▲ 13.5%
2024 · €3.2m
EBIT margin
5.7%▲ 1.0pp
2024 · 4.7%
Net result
€177,427▲ 24.6%
2024 · €142,378
Working capital
€343,831▼ 77.9%
2024 · €1.6m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€3.0m▲ 129%€2.7m▼ 9.9%€3.3m▲ 22.8%€3.2m▼ 4.2%€3.6m▲ 13.5%
Operating result€806,204▲ 196%€163,567▼ 79.7%€181,666▲ 11.1%€150,245▼ 17.3%€205,666▲ 36.9%
Net result€730,293above the sector's middle half▲ 160%€112,034within the sector's middle half▼ 84.7%€133,611within the sector's middle half▲ 19.3%€142,378within the sector's middle half▲ 6.6%€177,427within the sector's middle half▲ 24.6%
EBIT margin26.7%▲ 6.1pp6.0%▼ 20.7pp5.4%▼ 0.6pp4.7%▼ 0.7pp5.7%▲ 1.0pp
Equity€1.7mwithin the sector's middle half▲ 76.2%€1.4mwithin the sector's middle half▼ 15.9%€1.5mwithin the sector's middle half▲ 2.4%€1.6mwithin the sector's middle half▲ 9.8%€374,760below the sector's middle half▼ 76.5%
Total assets€2.2mwithin the sector's middle half▼ 33.2%€2.1mwithin the sector's middle half▼ 5.3%€2.0mwithin the sector's middle half▼ 2.3%€2.2mwithin the sector's middle half▲ 6.0%€1.0mbelow the sector's middle half▼ 52.7%
Debt€509,202▼ 78.2%€660,847▲ 29.8%€579,808▼ 12.3%€559,705▼ 3.5%€645,823▲ 15.4%
Working capital€1.8mwithin the sector's middle half▲ 73.8%€1.4mwithin the sector's middle half▼ 20.3%€1.4mwithin the sector's middle half▼ 0.3%€1.6mwithin the sector's middle half▲ 11.7%€343,831within the sector's middle half▼ 77.9%
Solvency76.8%above the sector's middle half▲ 47.7pp68.3%above the sector's middle half▼ 8.6pp71.5%above the sector's middle half▲ 3.2pp74.1%above the sector's middle half▲ 2.5pp36.7%within the sector's middle half▼ 37.3pp
Current ratio5.41above the sector's middle half▲ 3.943.31above the sector's middle half▼ 2.103.41above the sector's middle half▲ 0.093.78above the sector's middle half▲ 0.381.53within the sector's middle half▼ 2.25
Return on assets (ROA)33.2%above the sector's middle half▲ 24.7pp5.4%within the sector's middle half▼ 27.8pp6.6%within the sector's middle half▲ 1.2pp6.6%within the sector's middle half=17.4%above the sector's middle half▲ 10.8pp
Staff (FTE)36above the sector's middle half▲ 79.1%39.7above the sector's middle half▲ 10.3%44.7above the sector's middle half▲ 12.6%43.2above the sector's middle half▼ 3.4%44.2above the sector's middle half▲ 2.3%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2021 Turnover +129%, Net result +160% on 2020. The previous fiscal year ran 7 months, this one 12.
Result per fiscal year
Operating resultNet result
€0€250,000€500,000€750,000Operating result 2021: €806,204€806,204Net result 2021: €730,293€730,293Operating result 2022: €163,567€163,567Net result 2022: €112,034€112,034Operating result 2023: €181,666€181,666Net result 2023: €133,611€133,611Operating result 2024: €150,245€150,245Net result 2024: €142,378€142,378Operating result 2025: €205,666€205,666Net result 2025: €177,427€177,42720212022202320242025€0€100,000€200,000Operating result 2023: €181,666€182,000Net result 2023: €133,611€134,000Operating result 2024: €150,245€150,000Net result 2024: €142,378€142,000Operating result 2025: €205,666€206,000Net result 2025: €177,427€177,000202320242025
The operating result recovers in 2025; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets €30,929 ▼ 21.5%
Current assets €989,654 ▼ 53.3%
Equity and liabilities €1.0m
Equity €374,760 ▼ 76.5%
Debt €645,823 ▲ 15.4%
Debt's share of the balance-sheet total rises from 25.9% to 63.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€221,648▲
2024 · €170,488
Cash flow
€193,409▲
2024 · €162,620
Debt to equity
1.72▲
2024 · 0.35
ROE
47.3%▲
2024 · 8.9%
Interest coverage
1242.42▼
2024 · 3409750.20
Debt ≤ 1 year
€645,823▲
2024 · €559,705
Income taxes
€74,223▲
2024 · €58,291
Staff costs
€2.3m▲
2024 · €2.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 18.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.2m€1.0m▼
Fixed assets21/28€39,383€30,929▼
Tangible fixed assets22/27€39,383€30,929▼
Plant, machinery and equipment23€29,731€26,286▼
Other tangible fixed assets26€9,652€4,643▼
Current assets29/58€2.1m€989,654▼
Amounts receivable within one year40/41€236,103€867,342▲
Trade receivables40€235,279€866,056▲
Other amounts receivable41€824€1,287▲
Cash at bank and in hand54/58€1.9m€119,140▼
Deferred charges and accrued income490/1€3,099€3,172▲
Equity and liabilities
Total equity and liabilities10/49€2.2m€1.0m▼
Equity10/15€1.6m€374,760▼
Contributions10/11€165,056€165,056=
Reserves13€1.1m€29,123▼
Non-distributable reserves130/1€9,294€9,294=
Reserves not available under the articles1311€9,294€9,294=
Tax-exempt reserves132€19,829€19,829=
Distributable reserves133€1.1m-
Profit (loss) carried forward14€291,735€180,581▼
Amounts payable17/49€559,705€645,823▲
Amounts payable within one year42/48€559,705€645,823▲
Trade debts44€246,543€345,616▲
Suppliers440/4€246,543€345,616▲
Taxes, remuneration and social security45€313,163€299,798▼
Taxes450/3€14,212€15,819▲
Remuneration and social security454/9€298,951€283,980▼
Other amounts payable47/48-€409
Income statement Code20242025
Operating income70/76A€3.2m€3.7m▲
Turnover70€3.2m€3.6m▲
Other operating income74€37,054€27,575▼
Operating charges60/66A€3.1m€3.5m▲
Services and other goods61€928,097€1.2m▲
Remuneration, social security and pensions62€2.1m€2.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,242€15,982▼
Other operating charges640/8€4,890€4,783▼
Operating profit (loss)9901€150,245€205,666▲
Financial income75/76B€51,139€46,162▼
Recurring financial income75€51,139€46,162▼
Income from current assets751-€46,162
Other financial income752/9€51,139€0▼
Financial charges65/66B€716€178▼
Recurring financial charges65€716€178▼
Debt charges650€0-
Other financial charges652/9€716€178▼
Profit (loss) for the period before taxes9903€200,669€251,650▲
Income taxes67/77€58,291€74,223▲
Taxes670/3€58,291€74,223▲
Profit (loss) for the period9904€142,378€177,427▲
Transfer from tax-exempt reserves789€1.1m-
Profit (loss) for the period to be appropriated9905€1.2m€177,427▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.4m€469,162▼
Profit (loss) brought forward from the previous period14P€149,357€291,735▲
Transfer from equity791/2-€1.1m
From reserves792-€1.1m
Transfer to equity691/2€1.1m-
To other reserves6921€1.1m-
Profit to be distributed694/7-€1.4m
Return on contributions (dividend)694-€1.4m
Social balance
Average headcount (FTE)908743.244.2▲

The notes to these accounts (36 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€2.7m€3.4m€3.2m€3.7m▲ 13.1%
Turnover70€3.0m€2.7m€3.3m€3.2m€3.6m▲ 13.5%
Other operating income74-€29,061€19,617€37,054€27,575▼ 25.6%
Non-recurring operating income76A-€1,068€261---
Operating charges60/66A-€2.6m€3.2m€3.1m€3.5m▲ 11.9%
Services and other goods61-€728,382€968,362€928,097€1.2m▲ 26.6%
Remuneration, social security and pensions62-€1.8m€2.2m€2.1m€2.3m▲ 5.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,750€18,307€23,636€20,242€15,982▼ 21.0%
Other operating charges640/8-€7,596€4,028€4,890€4,783▼ 2.2%
Operating profit (loss)9901€806,204€163,567€181,666€150,245€205,666▲ 36.9%
Financial income75/76B-€1,937€11,888€51,139€46,162▼ 9.7%
Recurring financial income75€4,397€1,937€11,888€51,139€46,162▼ 9.7%
Income from current assets751----€46,162-
Other financial income752/9-€1,937€11,888€51,139€0▼ 100.0%
Financial charges65/66B-€3,814€1,222€716€178▼ 75.1%
Recurring financial charges65€2,864€3,814€1,222€716€178▼ 75.1%
Debt charges650€1,645€0€110€0--
Other financial charges652/9-€3,814€1,112€716€178▼ 75.1%
Profit (loss) for the period before taxes9903€807,738€161,691€192,333€200,669€251,650▲ 25.4%
Income taxes67/77€77,445€49,657€58,722€58,291€74,223▲ 27.3%
Taxes670/3-€49,657€58,722€58,291€74,223▲ 27.3%
Profit (loss) for the period9904€730,293€112,034€133,611€142,378€177,427▲ 24.6%
Transfer from tax-exempt reserves789-€217€27€1.1m--
Profit (loss) for the period to be appropriated9905€728,778€112,251€133,638€1.2m€177,427▼ 85.8%
Line20212022202320242025Change
Assets
Total assets20/58€2.2m€2.1m€2.0m€2.2m€1.0m▼ 52.7%
Fixed assets21/28€42,887€76,597€59,625€39,383€30,929▼ 21.5%
Tangible fixed assets22/27€42,462€76,597€59,625€39,383€30,929▼ 21.5%
Plant, machinery and equipment23-€43,875€40,529€29,731€26,286▼ 11.6%
Other tangible fixed assets26-€32,722€19,096€9,652€4,643▼ 51.9%
Financial fixed assets28€425-----
Current assets29/58€2.2m€2.0m€2.0m€2.1m€989,654▼ 53.3%
Amounts receivable after more than one year29-€6,323----
Other amounts receivable291-€6,323----
Amounts receivable within one year40/41€232,083€302,608€294,121€236,103€867,342▲ 267%
Trade receivables40-€289,987€279,890€235,279€866,056▲ 268%
Other amounts receivable41-€12,620€14,231€824€1,287▲ 56.2%
Cash at bank and in hand54/58€1.9m€1.7m€1.7m€1.9m€119,140▼ 93.7%
Deferred charges and accrued income490/1-€3,682€3,640€3,099€3,172▲ 2.3%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.1m€2.0m€2.2m€1.0m▼ 52.7%
Equity10/15€1.7m€1.4m€1.5m€1.6m€374,760▼ 76.5%
Contributions10/11-€165,056€165,056€165,056€165,056=
Reserves13€1.1m€1.1m€1.1m€1.1m€29,123▼ 97.4%
Non-distributable reserves130/1-€9,294€9,294€9,294€9,294=
Reserves not available under the articles1311-€9,294€9,294€9,294€9,294=
Tax-exempt reserves132-€1.1m€1.1m€19,829€19,829=
Distributable reserves133-€4,803€4,803€1.1m--
Profit (loss) carried forward14€383,469€115,720€149,357€291,735€180,581▼ 38.1%
Amounts payable17/49€509,202€660,847€579,808€559,705€645,823▲ 15.4%
Amounts payable after more than one year17€110,680€55,381----
Financial debts170/4-€4,650----
Other loans174-€4,650----
Other amounts payable178/9-€50,731----
Amounts payable within one year42/48€398,522€605,466€579,808€559,705€645,823▲ 15.4%
Current portion of amounts payable after more than one year42-€55,279€55,340---
Trade debts44€130,372€303,666€239,003€246,543€345,616▲ 40.2%
Suppliers440/4-€303,666€239,003€246,543€345,616▲ 40.2%
Taxes, remuneration and social security45-€246,521€285,466€313,163€299,798▼ 4.3%
Taxes450/3-€7,233€23,955€14,212€15,819▲ 11.3%
Remuneration and social security454/9-€239,288€261,511€298,951€283,980▼ 5.0%
Other amounts payable47/48----€409-
Line20212022202320242025Change
Profit (loss) for the period9904€730,293€112,034€133,611€142,378€177,427▲ 24.6%
+ Depreciation and write-downs630€51,750€18,307€23,636€20,242€15,982▼ 21.0%
Operating cash flow (approximation)€782,043€130,341€157,247€162,620€193,409▲ 18.9%
Investment in fixed assets (approximation)--€52,016-€6,664€0-€7,529-
Change in cash--€217,913-€15,605€201,076-€1.8m▼ 975%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 265 days late
16-07
State Gazette act Resignations: COLRUYT Jozef, Stefan Goethaert and 3 others
Appointments: Stefan Goethaert, WILLEMYNS Jo and 3 others · Permanent representative: GOETHAERT Stefan · Reappointment: EY Bedrijfsrevisoren (statutory auditor)41 facts ▸
  • General meeting, 29-06-2026
  • Shareholding, 1415
  • Power of attorney, DELEY Tim Laurent Annie (bijzondere volmachtdrager)
  • Other statement, verslag bestuursorgaan toelichting voorstel tot omzetting, dossier notaris
  • Auditor report, met uitgifte notulen op griffie bevoegde ondernemingsrechtbank, 31-03-2026
  • Legal-form conversion, naamloze vennootschap (NV)
  • Capital conversion, kapitaal
  • Statutes amendment
  • Other statement, ontslag en benoeming bestuursorganen
  • Other statement, herbenoeming commissaris
  • Other statement, volmacht coördinatie statuten
  • Other statement, volmacht bestuursorgaan tot uitvoering genomen beslissingen
  • +29 further facts in this act
2024
16-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
25-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2022
21-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
23-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial Highest result since 2018net €730,293 ▲160%
Operating result €806,204, net result €730,293, both a record.
31-03
Financial Liquidity quadruplescurrent ratio 5.41
Current ratio from 1.47 to 5.41; short-term debt falls from €2.1m to €398,522.
31-03
Financial Equity above €1mEq €1.7m ▲76.2%
4 profitable years in a row build equity to €1.7m.
2020
30-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
19-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
31-08
Financial Weakest financial yearnet €90,838 ▼34.6%
Net result drops to €90,838, the lowest in the series; recovery starts the following year.
Show earlier events
30-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
16-11
Judicial reorganisation Plan approval refused
Ondernemingsrechtbank Gent · event 06-11-2018
14-08
Judicial reorganisation Opening
Rechtbank van koophandel Gent · collective agreement · event 09-08-2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 73 days late
2017
08-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 161 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts

Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26346100). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 5

Kris Castelein
Director · since 16-07-2026
Current
Stefaan Vandamme
Director · since 16-07-2026
Current
Stefan Goethaert
Director · since 16-07-2026 · Private limited company
Current
VANBELLINGEN Peter
Director · since 16-07-2026
Current
WILLEMYNS Jo
Director · since 16-07-2026
Current

Statutory auditor 1

EY Bedrijfsrevisoren
Auditor · since 16-07-2026 · perm. rep.: Eef NAESSENS
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
17 of this company's 18 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 10 establishment units since 2015
seat establishment approximate All 10 establishment units on the map
Ground area
4.5 ha
Building footprint
1.0 ha
Volume, LiDAR
64,367 m³
10 parcels, Flanders · tallest building 22.5 m, ±5 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
10 establishment units
Bike Republic Wijnegem
Turnhoutsebaan 325, 2110 WijnegemNACE 45402
since 20152.243.913.965
Bike Republic Boechout
Provinciesteenweg 496, 2530 BoechoutNACE 45402
since 20152.246.894.439
Bike Republic Merksem
Bredabaan 809, 2170 AntwerpenNACE 45402
since 20182.288.909.295
WV1
Tramstraat 63, 9052 GentNACE 45402
since 20192.299.753.105
Bike Republic Beveren
Pareinpark(BEV) 1, 9120 Beveren-Kruibeke-ZwijndrechtNACE 45402
since 20242.356.167.018
Bike Republic Antwerpen
Vlaamsekaai 20, 2000 AntwerpenRetail sale of bicycles
since 20262.387.573.638
Show 4 more locations
Bike Republic Servicepoint Antwerpen
Londenstraat 20, 2000 AntwerpenRetail sale of bicycles
since 20262.387.573.737
Bike Republic Servicepoint Sint-Niklaas
Plezantstraat 14/16, 9100 Sint-NiklaasRetail sale of bicycles
since 20262.388.325.090
Bike Republic Servicepoint Berchem
Posthofbrug 25, 2600 AntwerpenRetail sale of bicycles
since 20262.388.325.189
Bike Republic Servicepoint Lier
Antwerpsestraat 54, 2500 LierRetail sale of bicycles
since 20262.388.325.288
10 parcels
Flanders 10 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46003B0709/00A003 Flanders 2.8 ha 1 · 2,947 m² -
44082B0132/00F000 Flanders 9,545 m² 1 · 3,366 m² 15.3 m · 3 fl.
11003A0160/00V002 Flanders 4,594 m² 1 · 1,643 m² -
11811L3655/00E003
ProtectedTownscape or village viewHuizenrijen VlaamsekaaiSource ↗
Flanders 956 m² 1 · 919 m² 22.5 m · 4 fl.
11004C0202/00K000 Flanders 862 m² - -
11422C0193/00D002indicative Flanders 616 m² 1 · 581 m² 14.8 m · 4 fl.
46443E0893/00K000 Flanders 439 m² 1 · 450 m² 16.8 m · 4 fl.
12021G0660/00V000 Flanders 253 m² 1 · 180 m² 11.0 m · 2 fl.
11050B0123/00K000 Flanders 218 m² 1 · 219 m² 12.2 m · 2 fl.
11802B0045/00H004 Flanders 153 m² 1 · 153 m² 20.0 m · 5 fl.
Linked by address, not proof of ownership
Good to know
9 of 10 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Mandate history

7 people since 2026, 6 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Kris Castelein
  • Director, already before 16-07-2026 to date
Stefaan Vandamme
  • Director, already before 16-07-2026 to date
Stefan Goethaert
  • Director, already before 16-07-2026 to date
VANBELLINGEN Peter
  • Director, from 16-07-2026 to date
WILLEMYNS Jo
  • Director, already before 16-07-2026 to date
EY Bedrijfsrevisoren
  • Auditor, from 16-07-2026 to date
COLRUYT Jozef
  • Director, until 16-07-2026
See the board, name and seat on a given date →

Articles of association

Who signs
Annual meeting
First Wednesday of September at 09:30
Purpose
De vervaardiging van sportartikelen, sporthandschoenen en sporthoofddeksels van leer; De groot- en kleinhandel in nieuwe of gebruikte fietsen en bromfietsen; Het onderhoud en de…
Full purpose (23 activities)
  1. De vervaardiging van sportartikelen, sporthandschoenen en sporthoofddeksels van leer
  2. De groot- en kleinhandel in nieuwe of gebruikte fietsen en bromfietsen
  3. Het onderhoud en de reparatie van fietsen en bromfietsen
  4. De handelsbemiddeling in sport- en kampeerartikelen spellen en speelgoed
  5. De groothandel in kleding, inclusief sportkleding
  6. De groot- en kleinhandel in sport- en kampeerartikelen en artikelen voor overige vormen van vrijetijdsbesteding
  7. De kleinhandel in bovenkleding (inclusief werkkleding, sportkleding en ceremoniekleding) van ongeacht welk materiaal (textielstoffen, breigoed, leer, bont, enz.) voor dames en heren
  8. De verhuur en lease van sport-, recreatie- en kampeerartikelen
  9. De verhuur van fietsen
  10. Het sport- en recreatieonderwijs
  11. De exploitatie van sportaccommodaties en van multifunctionele centra, overwegend gebruikt voor sportbeoefening
  12. De organisatie en uitvoering van sportevenementen: voetbal, wielrennen, bowling, zwemmen, golf, boksen, worstelen, en andere vechtsporten, bodybuilding, wintersporten, enzovoort
  13. De activiteiten van overige balsport-, vechtsport-, watersport-, paardensport- en overige sportclubs
  14. De activiteiten in verband met sportwedstrijden met dieren (paarden, windhonden, duiven, enzovoort)
  15. De activiteiten in verband met mechanische sporten (auto’s, motorrijwielen, karts, enzovoort)
  16. De jacht en de visvangst als sport of recreatie
  17. De activiteiten in verband met zeilwedstrijden, waterski, jetski, deltavliegen, zweefvliegen, vliegen met ULM’s, met sport- of toerismevliegtuigen, enzovoort
  18. De exploitatie van gymnastiekzalen, fitnesscentra, centra voor de beoefening van aerobic, bodybuilding, enz. inclusief de begeleiding van de clientèle op sportief gebied
  19. Overige sportactiviteiten, niet eerder genoemd
  20. De promotie en organisatie van sportevenementen, als zelfstandige activiteit of voor rekening van derden
  21. De ondersteunende diensten in verband met de sportbeoefening
  22. De reparatie van sport- en kampeerartikelen
  23. Het bestuur van een onroerend vermogen, alsmede alle verhandelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van haar onroerende goederen te bevorderen, zoals het onderhoud, de ontwikkeling, de verfraaiing en de verhuring van deze goederen
Other statement
Bestuursbevoegdheid-dagelijks bestuur, dagelijks bestuur aan één of meer (rechts)personen, al dan niet aandeelhouders
Zetel of instellingen in bijeenroepingsberichten, toelating tot algemene vergadering
Vertegenwoordiging op algemene vergadering, schriftelijk per brief,e-mail of middel artikel 1.5 Burgerlijk Wetboek
Stemrecht, 21
TITEL V.BOEKJAAR-JAARREKENINGEN-DIVIDENDEN-WINSTVERDELING
Winstverdeling, 25
Interimdividenden, 26
TITEL VI.ONTBINDING EN VEREFFENING
2 more provisions on this in the deed
Legal form clause
Registered office clause
Vlaamse Gewest, bestuursorgaan
Board rule
Raad kan voorzitter benoemen onder leden; bij ontstentenis of afwezigheid waargenomen door bestuurder aangeduid onder aanwezigen door raad, raad van bestuur
Dissolution rule
Besluit algemene vergadering beraadslagend op wijze door wet vereist of in bij wet bepaalde gevallen
Liquidation rule
Alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, algemene vergadering te allen tijde bij gewone meerderheid

Structure & network

Part of the group KORYS 159 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. KORYS 64.44%
  2. Colruyt Group 100%
  3. Darzana 100%
  4. Bike Republic 100%
  5. WV1

Highest known parent: KORYS. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-03-2025 list no holdings, and no other source names one.

According to the annual accounts to 31-03-2025 of WV1 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

66 connected companies
Linked via shared directors
Show 62 more companies with a shared director
→
CYCLES IMP
via VANBELLINGEN Peter, Kris Castelein and 2 others · Director
→
→
Korys Capital GP
via Stefaan Vandamme · Managing director
→
PARKWIND
via Stefaan Vandamme · Director
→
Roelandt
via Stefaan Vandamme · Director
→
→
WITEB 15
via Kris Castelein · Non-statutory director
→
WITEB 16
via Kris Castelein · Non-statutory director
→
WITEB 17
via Kris Castelein · Non-statutory director
→
WV2
via VANBELLINGEN Peter, Kris Castelein and 2 others · Director
→
WV3
via VANBELLINGEN Peter, Kris Castelein and 2 others · Director
→
former→
former→
former→
former→
former→
former→
former→
DALTIX
via Stefaan Vandamme · Director
former→
former→
former→
former→
VALFRAIS
via Stefaan Vandamme · Director
former→
former→
VISIEBLE
via Stefaan Vandamme · Director
former→
YZOLAM
via Stefaan Vandamme · Director
former→
former→
Colruyt Group
Shared corporate director
→
Grama
Shared corporate director
→
LIRIA
Shared corporate director
→

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 16-07-2026 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 16-07-2026 Converted to capital

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 4,000 EUR awarded · 4,000 EUR paid
Year Entries awardedpaid
2025 1 1,000 EUR1,000 EUR
2024 1 1,000 EUR1,000 EUR
2023 1 1,000 EUR1,000 EUR
2022 1 1,000 EUR1,000 EUR
Schemes
2 entries · 2,000 EUR · 2,000 EUR paid · Departement Werk en Sociale Economie
2 entries · 2,000 EUR · 2,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Boechout2.246.894.439
1 permission
Verkooppunt LM>3 maand · since 01-05-2015
Wijnegem2.243.913.965
1 permission
Verkooppunt LM>3 maand · since 01-05-2015

Dual-learning approval

18 live approvals · 22 ended
Fietshersteller (vwo)
Goedgekeurd · 2025 to 2030
Fietshersteller (vwo)
Goedgekeurd · 2026 to 2031
Fietshersteller (vwo)
Goedgekeurd · 2026 to 2031
Fietshersteller (vwo)
Goedgekeurd · 2026 to 2031
Fietshersteller (vwo)
Goedgekeurd · 2021 to 2026
Fietshersteller duaal (so)
Goedgekeurd · 2025 to 2030
Show 12 more
Fietshersteller duaal (so)
Goedgekeurd · 2026 to 2031
Fietshersteller duaal (so)
Goedgekeurd · 2026 to 2031
Fietshersteller duaal (so)
Goedgekeurd · 2026 to 2031
Fietshersteller duaal (so)
Goedgekeurd · 2021 to 2026
Fietsinstallaties duaal (so)
Goedgekeurd · 2026 to 2031
Fietsinstallaties duaal (so)
Goedgekeurd · 2026 to 2031
Fietsinstallaties duaal (so)
Goedgekeurd · 2026 to 2031
Fietsinstallaties duaal (so)
Goedgekeurd · 2025 to 2030
Fietstechnicus (vwo)
Goedgekeurd · 2026 to 2031
Fietstechnicus (vwo)
Goedgekeurd · 2026 to 2031
Fietstechnicus (vwo)
Goedgekeurd · 2026 to 2031
Fietstechnicus (vwo)
Goedgekeurd · 2025 to 2030
Show 22 ended approvals
Fietshersteller (vwo)
discontinued · 2021 to 2026
Fietshersteller (vwo)
discontinued · 2026 to 2026
Fietshersteller (vwo)
discontinued · 2026 to 2026
Fietshersteller (vwo)
discontinued · 2025 to 2026
Fietshersteller (vwo)
discontinued · 2025 to 2026
Fietshersteller duaal (so)
discontinued · 2021 to 2026
Fietshersteller duaal (so)
discontinued · 2026 to 2026
Fietshersteller duaal (so)
discontinued · 2026 to 2026
Fietshersteller duaal (so)
discontinued · 2025 to 2026
Fietshersteller duaal (so)
discontinued · 2025 to 2026
Fietsinstallaties duaal (so)
discontinued · 2025 to 2026
Fietsinstallaties duaal (so)
discontinued · 2025 to 2026
Fietsinstallaties duaal (so)
discontinued · 2025 to 2026
Fietsinstallaties duaal (so)
discontinued · 2026 to 2026
Fietstechnicus (vwo)
discontinued · 2025 to 2026
Fietstechnicus (vwo)
discontinued · 2025 to 2026
Fietstechnicus (vwo)
discontinued · 2025 to 2026
Fietstechnicus (vwo)
discontinued · 2026 to 2026
Fietsmecanicien (so)
discontinued · 2021 to 2025
Fietsmecanicien (so)
discontinued · 2021 to 2025
Fietsmecanicien (so)
discontinued · 2023 to 2025
Fietsmecanicien (so)
discontinued · 2019 to 2021

Similar companies · same sector, comparable size

Of 207 companies in sector 46495 we hold annual accounts for 108. 84 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded26-03-2015
Fiscal year end31-03
Activities, NACEBEL 2025
46495Wholesale trade
47632Retail sale of bicycles
Contact
Phone 03 353 68 30Wijnegem
E-mail boechout@fiets.beBoechout
Phone 03 455 26 24Boechout
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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