WV1
ActiveThe 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).
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Signals
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)
History
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Financials · fiscal year 2025, full schema
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.
- 2021 Turnover +129%, Net result +160% on 2020. The previous fiscal year ran 7 months, this one 12.
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
16-07
State Gazette act
Resignations: COLRUYT Jozef, Stefan Goethaert and 3 othersAppointments: 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
Show earlier events
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.
Directors · office · real estate
Board 5
Statutory auditor 1
Not every act has been read: a resignation may be missing here
10 establishment units
Show 4 more locations
10 parcels
| 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 | 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
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Kris Castelein |
|
| Stefaan Vandamme |
|
| Stefan Goethaert |
|
| VANBELLINGEN Peter |
|
| WILLEMYNS Jo |
|
| EY Bedrijfsrevisoren |
|
| COLRUYT Jozef |
|
Articles of association
Full purpose (23 activities)
- De vervaardiging van sportartikelen, sporthandschoenen en sporthoofddeksels van leer
- De groot- en kleinhandel in nieuwe of gebruikte fietsen en bromfietsen
- Het onderhoud en de reparatie van fietsen en bromfietsen
- De handelsbemiddeling in sport- en kampeerartikelen spellen en speelgoed
- De groothandel in kleding, inclusief sportkleding
- De groot- en kleinhandel in sport- en kampeerartikelen en artikelen voor overige vormen van vrijetijdsbesteding
- De kleinhandel in bovenkleding (inclusief werkkleding, sportkleding en ceremoniekleding) van ongeacht welk materiaal (textielstoffen, breigoed, leer, bont, enz.) voor dames en heren
- De verhuur en lease van sport-, recreatie- en kampeerartikelen
- De verhuur van fietsen
- Het sport- en recreatieonderwijs
- De exploitatie van sportaccommodaties en van multifunctionele centra, overwegend gebruikt voor sportbeoefening
- De organisatie en uitvoering van sportevenementen: voetbal, wielrennen, bowling, zwemmen, golf, boksen, worstelen, en andere vechtsporten, bodybuilding, wintersporten, enzovoort
- De activiteiten van overige balsport-, vechtsport-, watersport-, paardensport- en overige sportclubs
- De activiteiten in verband met sportwedstrijden met dieren (paarden, windhonden, duiven, enzovoort)
- De activiteiten in verband met mechanische sporten (auto’s, motorrijwielen, karts, enzovoort)
- De jacht en de visvangst als sport of recreatie
- De activiteiten in verband met zeilwedstrijden, waterski, jetski, deltavliegen, zweefvliegen, vliegen met ULM’s, met sport- of toerismevliegtuigen, enzovoort
- De exploitatie van gymnastiekzalen, fitnesscentra, centra voor de beoefening van aerobic, bodybuilding, enz. inclusief de begeleiding van de clientèle op sportief gebied
- Overige sportactiviteiten, niet eerder genoemd
- De promotie en organisatie van sportevenementen, als zelfstandige activiteit of voor rekening van derden
- De ondersteunende diensten in verband met de sportbeoefening
- De reparatie van sport- en kampeerartikelen
- 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
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: KORYS. The sources do not say who stands above it.
Owners 1
-
100%
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 companiesShow 62 more companies with a shared director
Capital and shareholders
- Bike Republic (BE 0823.778.933) all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 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 | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 1,000 EUR | 1,000 EUR |
| 2022 | 1 | 1,000 EUR | 1,000 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sitesDual-learning approval
18 live approvals · 22 endedShow 12 more
Show 22 ended approvals
Similar companies · same sector, comparable size
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 29 September 2026 · Peppol Directory
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