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WV2

Active
Public limited companyfounded 201511 yrs activeTramstraat 63, 9052 Gent, BelgiumKBO/BCE: BE 0627.973.149

The file of WV2 contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 15.9% (high). The 2025 annual accounts show equity of €1.4m and a net result of €158,719. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 5048 sector peers (fiscal year 2025).

Checked score

Score 2025
44 / 100
Weak
A high bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+3
Solvency95▼-5
Growth38▲+1
Track record60
Bankruptcy probability, 12 months
15.9% High
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.44 against 2.07 in 2024; short-term debt: 29.7% and cash: 12.8% of total assets), and 29.7% of the assets are financed with debt.
Credit check for your own amount and term

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
70.3%
Return on assets
7.8%
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
48 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 30 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

On 26 March 2015, WV2 was incorporated.1 Revenue went from EUR 5.7 million in 2018 to EUR 3.6 million in 2025 and headcount from 26.1 to 42.4 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▼ 0.8%
2024 · €3.6m
EBIT margin
5.7%▲ 0.8pp
2024 · 4.8%
Net result
€158,719▲ 14.8%
2024 · €138,310
Working capital
€261,927▼ 61.2%
2024 · €675,054
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€2.2m▲ 119%€2.6m▲ 17.5%€3.4m▲ 32.5%€3.6m▲ 5.0%€3.6m▼ 0.8%
Operating result€632,186▲ 484%€161,875▼ 74.4%€179,319▲ 10.8%€173,962▼ 3.0%€201,608▲ 15.9%
Net result€602,727within the sector's middle half▲ 700%€114,418within the sector's middle half▼ 81.0%€123,789within the sector's middle half▲ 8.2%€138,310within the sector's middle half▲ 11.7%€158,719within the sector's middle half▲ 14.8%
EBIT margin28.8%▲ 18.0pp6.3%▼ 22.5pp5.2%▼ 1.0pp4.8%▼ 0.4pp5.7%▲ 0.8pp
Equity€2.0mwithin the sector's middle half▲ 43.3%€1.9mwithin the sector's middle half▼ 4.5%€1.9mwithin the sector's middle half▲ 1.2%€2.1mwithin the sector's middle half▲ 7.2%€1.4mwithin the sector's middle half▼ 31.0%
Total assets€2.7mwithin the sector's middle half▲ 3.3%€2.8mwithin the sector's middle half▲ 3.8%€2.5mwithin the sector's middle half▼ 8.0%€2.7mwithin the sector's middle half▲ 5.8%€2.0mwithin the sector's middle half▼ 24.8%
Debt€675,874▼ 43.4%€867,082▲ 28.3%€620,733▼ 28.4%€630,165▲ 1.5%€601,532▼ 4.5%
Working capital€1.8mwithin the sector's middle half▲ 32.0%€529,798within the sector's middle half▼ 70.9%€290,843within the sector's middle half▼ 45.1%€675,054within the sector's middle half▲ 132%€261,927within the sector's middle half▼ 61.2%
Solvency74.7%above the sector's middle half▲ 20.9pp68.7%above the sector's middle half▼ 6.0pp75.7%above the sector's middle half▲ 6.9pp76.6%above the sector's middle half▲ 1.0pp70.3%above the sector's middle half▼ 6.3pp
Current ratio4.50above the sector's middle half▲ 2.071.67within the sector's middle half▼ 2.821.47within the sector's middle half▼ 0.202.07within the sector's middle half▲ 0.601.44within the sector's middle half▼ 0.64
Return on assets (ROA)22.6%above the sector's middle half▲ 19.7pp4.1%within the sector's middle half▼ 18.4pp4.9%within the sector's middle half▲ 0.7pp5.1%within the sector's middle half▲ 0.3pp7.8%within the sector's middle half▲ 2.7pp
Staff (FTE)19.2within the sector's middle half▲ 7.9%29.5above the sector's middle half▲ 53.6%40.9above the sector's middle half▲ 38.6%43.3above the sector's middle half▲ 5.9%42.4above the sector's middle half▼ 2.1%
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 +119%, Net result +700% on 2020. The previous fiscal year ran 7 months, this one 12.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2021: €632,186€632,186Net result 2021: €602,727€602,727Operating result 2022: €161,875€161,875Net result 2022: €114,418€114,418Operating result 2023: €179,319€179,319Net result 2023: €123,789€123,789Operating result 2024: €173,962€173,962Net result 2024: €138,310€138,310Operating result 2025: €201,608€201,608Net result 2025: €158,719€158,71920212022202320242025€0€100,000€200,000Operating result 2023: €179,319€179,000Net result 2023: €123,789€124,000Operating result 2024: €173,962€174,000Net result 2024: €138,310€138,000Operating result 2025: €201,608€202,000Net result 2025: €158,719€159,000202320242025
The operating result recovers in 2025; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets €1.2m ▼ 16.4%
Current assets €863,459 ▼ 33.8%
Equity and liabilities €2.0m
Equity €1.4m ▼ 31.0%
Debt €601,532 ▼ 4.5%
Debt's share of the balance-sheet total rises from 23.4% to 29.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€437,304▲
2024 · €419,862
Cash flow
€394,415▲
2024 · €384,210
Debt to equity
0.42▲
2024 · 0.30
ROE
11.1%▲
2024 · 6.7%
Interest coverage
2098.39▼
2024 · 10496560.50
Debt ≤ 1 year
€601,532▼
2024 · €630,165
Income taxes
€67,311▲
2024 · €54,437
Staff costs
€2.1m▼
2024 · €2.2m
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: 15.9% 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 · 61 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€2.0m▼
Fixed assets21/28€1.4m€1.2m▼
Tangible fixed assets22/27€1.4m€1.2m▼
Plant, machinery and equipment23€59,732€39,712▼
Other tangible fixed assets26€1.3m€1.1m▼
Current assets29/58€1.3m€863,459▼
Amounts receivable within one year40/41€283,129€596,115▲
Trade receivables40€279,247€596,115▲
Other amounts receivable41€3,882-
Cash at bank and in hand54/58€1.0m€258,673▼
Deferred charges and accrued income490/1€4,115€8,670▲
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.0m▼
Equity10/15€2.1m€1.4m▼
Contributions10/11€207,581€207,581=
Reserves13€1.6m€27,193▼
Non-distributable reserves130/1€2,255€2,255=
Reserves not available under the articles1311€2,255€2,255=
Tax-exempt reserves132€24,938€24,938=
Distributable reserves133€1.6m-
Profit (loss) carried forward14€277,343€1.2m▲
Amounts payable17/49€630,165€601,532▼
Amounts payable within one year42/48€630,165€601,532▼
Trade debts44€310,307€303,406▼
Suppliers440/4€310,307€303,406▼
Taxes, remuneration and social security45€319,343€297,613▼
Taxes450/3€10,671€20,250▲
Remuneration and social security454/9€308,672€277,363▼
Other amounts payable47/48€515€513▼
Income statement Code20242025
Operating income70/76A€3.6m€3.6m▼
Turnover70€3.6m€3.6m▼
Other operating income74€23,075€17,028▼
Operating charges60/66A€3.4m€3.4m▼
Services and other goods61€956,686€1.0m▲
Remuneration, social security and pensions62€2.2m€2.1m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€245,900€235,697▼
Other operating charges640/8€3,118€5,458▲
Operating profit (loss)9901€173,962€201,608▲
Financial income75/76B€19,376€24,630▲
Recurring financial income75€19,376€24,630▲
Income from current assets751-€24,630
Other financial income752/9€19,376€0▼
Financial charges65/66B€590€208▼
Recurring financial charges65€590€208▼
Debt charges650€0-
Other financial charges652/9€590€208▼
Profit (loss) for the period before taxes9903€192,748€226,029▲
Income taxes67/77€54,437€67,311▲
Taxes670/3€56,671€67,311▲
Tax adjustments and reversals of tax provisions77€2,233-
Profit (loss) for the period9904€138,310€158,719▲
Transfer from tax-exempt reserves789€1.5m-
Profit (loss) for the period to be appropriated9905€1.7m€158,719▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.8m€436,061▼
Profit (loss) brought forward from the previous period14P€139,032€277,343▲
Transfer from equity791/2-€1.6m
From reserves792-€1.6m
Transfer to equity691/2€1.5m-
To other reserves6921€1.5m-
Profit to be distributed694/7-€800,000
Return on contributions (dividend)694-€800,000
Social balance
Average headcount (FTE)908743.342.4▼

The notes to these accounts (38 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€2.6m€3.4m€3.6m€3.6m▼ 1.0%
Turnover70€2.2m€2.6m€3.4m€3.6m€3.6m▼ 0.8%
Other operating income74-€28,845€27,398€23,075€17,028▼ 26.2%
Non-recurring operating income76A--€20---
Operating charges60/66A-€2.4m€3.3m€3.4m€3.4m▼ 1.8%
Services and other goods61-€983,799€999,288€956,686€1.0m▲ 5.9%
Remuneration, social security and pensions62-€1.3m€2.0m€2.2m€2.1m▼ 5.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77,757€140,084€243,233€245,900€235,697▼ 4.1%
Other operating charges640/8-€3,359€2,618€3,118€5,458▲ 75.1%
Operating profit (loss)9901€632,186€161,875€179,319€173,962€201,608▲ 15.9%
Financial income75/76B-€1,644€2,799€19,376€24,630▲ 27.1%
Recurring financial income75€233€1,644€2,799€19,376€24,630▲ 27.1%
Income from current assets751----€24,630-
Other financial income752/9-€1,644€2,799€19,376€0▼ 100.0%
Financial charges65/66B-€4,560€1,204€590€208▼ 64.7%
Recurring financial charges65€1,429€4,560€1,204€590€208▼ 64.7%
Debt charges650--€102€0--
Other financial charges652/9-€4,560€1,103€590€208▼ 64.7%
Profit (loss) for the period before taxes9903€630,990€158,960€180,914€192,748€226,029▲ 17.3%
Income taxes67/77€28,264€44,542€57,124€54,437€67,311▲ 23.6%
Taxes670/3-€44,542€57,124€56,671€67,311▲ 18.8%
Tax adjustments and reversals of tax provisions77---€2,233--
Profit (loss) for the period9904€602,727€114,418€123,789€138,310€158,719▲ 14.8%
Transfer from tax-exempt reserves789-€886€79€1.5m--
Profit (loss) for the period to be appropriated9905€611,855€115,304€123,868€1.7m€158,719▼ 90.6%
Line20212022202320242025Change
Assets
Total assets20/58€2.7m€2.8m€2.5m€2.7m€2.0m▼ 24.8%
Fixed assets21/28€329,272€1.5m€1.6m€1.4m€1.2m▼ 16.4%
Tangible fixed assets22/27€328,446€1.5m€1.6m€1.4m€1.2m▼ 16.4%
Plant, machinery and equipment23-€90,424€87,526€59,732€39,712▼ 33.5%
Other tangible fixed assets26-€1.4m€1.6m€1.3m€1.1m▼ 15.6%
Financial fixed assets28€826-----
Current assets29/58€2.3m€1.3m€911,576€1.3m€863,459▼ 33.8%
Amounts receivable after more than one year29-€3,610----
Other amounts receivable291-€3,610----
Amounts receivable within one year40/41€258,202€289,252€319,864€283,129€596,115▲ 111%
Trade receivables40-€285,384€309,570€279,247€596,115▲ 113%
Other amounts receivable41-€3,868€10,294€3,882--
Cash at bank and in hand54/58€2.1m€1.0m€586,974€1.0m€258,673▼ 74.6%
Deferred charges and accrued income490/1-€11,232€4,738€4,115€8,670▲ 111%
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.8m€2.5m€2.7m€2.0m▼ 24.8%
Equity10/15€2.0m€1.9m€1.9m€2.1m€1.4m▼ 31.0%
Contributions10/11-€207,581€207,581€207,581€207,581=
Reserves13€1.6m€1.6m€1.6m€1.6m€27,193▼ 98.3%
Non-distributable reserves130/1-€2,255€2,255€2,255€2,255=
Reserves not available under the articles1311-€2,255€2,255€2,255€2,255=
Tax-exempt reserves132-€1.6m€1.6m€24,938€24,938=
Distributable reserves133-€6,041€6,041€1.6m--
Profit (loss) carried forward14€204,860€115,164€139,032€277,343€1.2m▲ 329%
Amounts payable17/49€675,874€867,082€620,733€630,165€601,532▼ 4.5%
Amounts payable after more than one year17€154,964€77,424----
Trade debts175-€4,041----
Suppliers1750-€4,041----
Other amounts payable178/9-€73,382----
Amounts payable within one year42/48€520,910€789,659€620,733€630,165€601,532▼ 4.5%
Current portion of amounts payable after more than one year42-€77,424€77,414---
Trade debts44€303,771€520,620€244,837€310,307€303,406▼ 2.2%
Suppliers440/4-€520,620€244,837€310,307€303,406▼ 2.2%
Taxes, remuneration and social security45-€190,859€298,031€319,343€297,613▼ 6.8%
Taxes450/3--€20,124€10,671€20,250▲ 89.8%
Remuneration and social security454/9-€190,859€277,907€308,672€277,363▼ 10.1%
Other amounts payable47/48-€756€451€515€513▼ 0.5%
Line20212022202320242025Change
Profit (loss) for the period9904€602,727€114,418€123,789€138,310€158,719▲ 14.8%
+ Depreciation and write-downs630€77,757€140,084€243,233€245,900€235,697▼ 4.1%
Operating cash flow (approximation)€680,484€254,502€367,022€384,210€394,415▲ 2.7%
Investment in fixed assets (approximation)--€1.3m-€428,553€0-€7,542-
Change in cash--€1.1m-€428,389€431,000-€759,301▼ 276%

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 Capital & shares · Statutes amendment · Legal-form change · Resignations & appointments
Resignations: COLRUYT Jozef, GOETHAERT Stefan and 3 others · Appointments: Stefan Goethaert, WILLEMYNS Jo and 3 others · Permanent representative: GOETHAERT Stefan37 facts ▸
  • General meeting, 29-06-2026
  • Incorporation, 26-03-2015
  • Director in office, DELEY Tim Laurent Annie (chair)
  • Shareholding, 29-06-2026, 1415
  • Power of attorney, DELEY Tim Laurent Annie
  • Other statement, agenda
  • Other statement, statutory restriction on legal form
  • Other statement, summons and documents, represented
  • Other statement, securities holders
  • Other statement, share restrictions
  • General meeting, kennisname van verslagen
  • Other statement, acknowledgement of report
  • +25 further facts in this act
2024
13-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial Equity above €2mEq €2.1m ▲7.2%
7 profitable years in a row build equity to €2.1m.
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
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 €71,639 ▼92.8%
Net result drops to €71,639, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
16-11
Judicial reorganisation Plan approval refused
Ondernemingsrechtbank Gent · event 06-11-2018
Show earlier events
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.An act published in both Dutch and French appears here once.
2 of 19 acts read
About the unread acts

Of the 19 Belgian State Gazette acts we know for this company, 2 have 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 (26346398). 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

Stefan Goethaert
Director · since 29-06-2026 · Private limited company
Current
VANBELLINGEN Peter
Director · since 29-06-2026
Current
Kris Castelein
Director · since 16-07-2026
Current
Stefaan Vandamme
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 19 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 · 9 establishment units since 2015
seat establishment approximate All 9 establishment units on the map
Ground area
3.3 ha
Building footprint
1.6 ha
Volume, LiDAR
122,827 m³
9 parcels, Brussels, Flanders, Wallonia · tallest building 23.1 m, ±6 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
9 establishment units
Bike Republic Leuven
Kareelveld 8A, 3000 LeuvenNACE 45402
since 20152.243.917.430
WV2
Tramstraat 63, 9052 GentNACE 45402
since 20192.299.730.537
Bike Republic Grimbergen
Vilvoordsesteenweg 307, 1850 GrimbergenNACE 45402
since 20212.316.979.612
Bike Republic Servicepoint Leuven
Bondgenotenlaan 2, 3000 LeuvenNACE 45402
since 20242.363.983.634
Bike Republic Chênée
Rue de Beaufraipont 20, 4032 LiègeRetail sale of bicycles
since 20262.387.627.878
Bike Republic Evere
L. Grosjeanlaan 84-86-88, 1140 EvereRetail sale of bicycles
since 20262.387.628.175
Show 3 more locations
Bike Republic Aarschot
Th. De Beckerstraat 30, 3200 AarschotRetail sale of bicycles
since 20262.390.986.553
Bike Republic Mechelen
Hoogstraat 18-20, 2800 MechelenRetail sale of bicycles
since 20262.392.917.942
Bike Republic Schaarbeek
Topaaslaan 52, 1030 SchaarbeekRetail sale of bicycles
since 20262.392.918.437
9 parcels
Flanders 6 (66.7%) Wallonia 1 (11.1%) Brussels 2 (22.2%)
Parcel (capakey) Region Area Buildings Height / fl.
24505I0088/00V002 Flanders 9,599 m² 1 · 2,589 m² 7.3 m · 2 fl.
44082B0132/00F000 Flanders 9,545 m² 1 · 3,366 m² 15.3 m · 3 fl.
21372C0121/00K005 Brussels 7,382 m² 1 · 6,325 m² 10.7 m · 3 fl.
23403H0106/00G000 Flanders 3,932 m² 1 · 1,599 m² 5.9 m · 2 fl.
21905C0088/03B000 Brussels 1,437 m² 1 · 1,363 m² 13.1 m · 2 fl.
12025E0785/00P000 Flanders 753 m² 1 · 165 m² 13.4 m · 3 fl.
24662H0277/00K000 Flanders 247 m² 1 · 242 m² 10.4 m · 2 fl.
24502B0788/00P004
ProtectedTownscape or village viewBondgenotenlaanSource ↗
Flanders 150 m² 1 · 150 m² 23.1 m · 6 fl.
62023B0053/00Z012indicative Wallonia 66 m² - -
Linked by address, not proof of ownership
Good to know
8 of 9 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

8 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 29-06-2026 to 16-07-2026
  • Director, from 16-07-2026 to date
Stefaan Vandamme
  • Director, already before 29-06-2026 to 16-07-2026
  • Director, from 16-07-2026 to date
Stefan Goethaert
  • Director, from 29-06-2026 to date
VANBELLINGEN Peter
  • Director, from 29-06-2026 to date
WILLEMYNS Jo
  • Director, already before 29-06-2026 to 16-07-2026
  • Director, from 16-07-2026 to date
EY Bedrijfsrevisoren
  • Auditor, from 16-07-2026 to date
COLRUYT Jozef
  • Director, until 29-06-2026
  • Director, until 16-07-2026
Stefan Goethaert
  • Director, until 29-06-2026
  • 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 10:00
Purpose
La fabrication d'articles de sport, de gants de sport et de casquettes de sport en cuir; Le commerce de gros et de détail de vélos et de cyclomoteurs neufs ou d'occasion…
Full purpose (23 activities)
  1. La fabrication d'articles de sport, de gants de sport et de casquettes de sport en cuir
  2. Le commerce de gros et de détail de vélos et de cyclomoteurs neufs ou d'occasion
  3. L'entretien et la réparation de vélos et de cyclomoteurs
  4. L'intermédiation commerciale dans le domaine des articles de sport et de camping, des jeux et des jouets
  5. Le commerce de gros de vêtements, y compris les vêtements de sport
  6. Le commerce de gros et de détail d'articles de sport et de camping, ainsi que d'articles destinés à d'autres loisirs
  7. Le commerce de détail de vêtements d'extérieur (y compris les vêtements de travail, de sport et de cérémonie), quelle que soit leur matière (tissus, tricots, cuir, fourrure, etcétéra), pour femmes et hommes
  8. La location et le leasing d'articles de sport, de loisirs et de camping
  9. La location de vélos
  10. L'enseignement du sport et des loisirs
  11. L'exploitation d'installations sportives et de centres multifonctionnels, principalement utilisés pour la pratique sportive
  12. L'organisation et la mise en œuvre d'événements sportifs : football, cyclisme, bowling, natation, golf, boxe, lutte et autres sports de combat, musculation, sports d'hiver, etcétéra
  13. Les activités des autres clubs de sports de balle, d'arts martiaux, de sports nautiques, d'équitation et autres clubs sportifs
  14. Les activités liées aux compétitions sportives avec des animaux (chevaux, lévriers, pigeons, etcétéra)
  15. Les activités liées aux sports mécaniques (voitures, motos, karts, etcétéra)
  16. La chasse et la pêche en tant que sport ou loisir
  17. Les activités liées aux régates, au ski nautique, au jet-ski, au deltaplane, au vol à voile, au pilotage d'ULM, d'avions de sport ou de tourisme, etcétéra
  18. L'exploitation de salles de sport, de centres de fitness, de centres dédiés à l'aérobic, à la musculation, etcétéra, y compris l'encadrement sportif de la clientèle
  19. Les autres activités sportives non mentionnées ci-dessus
  20. La promotion et l'organisation d'événements sportifs, en tant qu'activité indépendante ou pour le compte de tiers
  21. Les services d'appui liés à la pratique sportive
  22. La réparation d'articles de sport et de camping
  23. La gestion d'un patrimoine immobilier, ainsi que toutes les opérations directement ou indirectement liées à cet objet et de nature à favoriser le rendement de ses biens immobiliers, telles que l'entretien, l'aménagement, l'embellissement et la location de ces biens
Other statement
Pouvoir_de_gestion-gestion_journalière, les_plus_étendus_sauf_ceux_réservés_par_loi_à_assemblée_générale
10:00, siège ou autre lieu en Belgique ou à l’étranger mentionné dans la convocation
Admission à l’assemblée générale, titres ou certificats au siège ou établissements désignés
Représentation à l’assemblée générale, sur le bureau de l’assemblée
Droit de vote, au siège au moins un jour avant l’assemblée
Répartition des bénéfices, assemblée générale sur proposition de l’organe d’administration
Acompte sur dividende, respect des dispositions légales
1 more provision on this in the deed
Registered office clause
Région flamande, organe_d'administration
Board rule
Conseil_d'administration, TITRE III. ADMINISTRATION ET CONTRÔLE
Dissolution rule
Article 27. DISSOLUTION ET LIQUIDATION
Liquidation rule
Assemblée générale peut limiter à majorité simple, un ou plusieurs nommés le cas échéant par l’assemblée générale
Quorum rule
Helft van het totaal aantal uitgegeven aandelen, drie vierde van de stemmen
Meeting access
Artikel 16. TOELATING TOT DE VERGADERING
Voting rule
Profit allocation
Artikel 25. WINSTVERDELING
Other provisions
Artikel 26. INTERIMDIVIDENDEN

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. WV2

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 WV2 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
→
WV1
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 · 2,254.88 EUR

Public money · subsidies and aid

Flemish government

2023 to 2025 · 6 entries · 25,461 EUR awarded · 25,461 EUR paid
Year Entries awardedpaid
2025 3 16,772 EUR16,772 EUR
2024 2 5,004 EUR5,004 EUR
2023 1 3,685 EUR3,685 EUR
Schemes
1 entry · 13,090 EUR · 13,090 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie
3 entries · 8,371 EUR · 8,371 EUR paid · Departement Werk en Sociale Economie
2 entries · 4,000 EUR · 4,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Kuurne2.243.917.529
1 permission
Verkooppunt LM>3 maand · since 01-05-2015

Dual-learning approval

4 live approvals · 16 ended
Fietshersteller (vwo)
Goedgekeurd · 2026 to 2031
Fietshersteller duaal (so)
Goedgekeurd · 2026 to 2031
Fietsinstallaties duaal (so)
Goedgekeurd · 2026 to 2031
Fietstechnicus (vwo)
Goedgekeurd · 2026 to 2031
Show 16 ended approvals
Fietshersteller (vwo)
discontinued · 2024 to 2026
Fietshersteller duaal (so)
discontinued · 2024 to 2026
Fietsinstallaties duaal (so)
discontinued · 2024 to 2026
Fietsinstallaties duaal (so)
discontinued · 2024 to 2026
Fietsinstallaties duaal (so)
discontinued · 2025 to 2026
Fietsinstallaties duaal (so)
discontinued · 2024 to 2026
Fietstechnicus (vwo)
discontinued · 2024 to 2026
Fietstechnicus (vwo)
discontinued · 2024 to 2026
Fietstechnicus (vwo)
discontinued · 2025 to 2026
Fietstechnicus (vwo)
discontinued · 2024 to 2026
Fietsmecanicien (so)
discontinued · 2022 to 2025
Aanvuller (so)
discontinued · 2016 to 2021
Fietsmecanicien (so)
discontinued · 2016 to 2021
Kassier (so)
discontinued · 2016 to 2021
Verkoper (so)
discontinued · 2016 to 2021
Winkelbediende (so)
discontinued · 2016 to 2021

Similar companies · same sector, comparable size

Of 207 companies in sector 46495 we hold annual accounts for 108. 67 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 016 67 91 64Leuven
E-invoicing
Reachable via Peppol
Peppol ID 0208:0627973149
Registered 16-12-2025

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

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.