WV2
ActiveThe 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).
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Signals
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)
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 +119%, Net result +700% 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: 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%.
| 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 | - | €2.6m | €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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
16-07
State Gazette act
Capital & shares · Statutes amendment · Legal-form change · Resignations & appointmentsResignations: 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
Show earlier events
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.
Directors · office · real estate
Board 5
Statutory auditor 1
Not every act has been read: a resignation may be missing here
9 establishment units
Show 3 more locations
9 parcels
| 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 | Flanders | 150 m² | 1 · 150 m² | 23.1 m · 6 fl. |
| 62023B0053/00Z012indicative | Wallonia | 66 m² | - | - |
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 |
|
| Stefan Goethaert |
|
Articles of association
Full purpose (23 activities)
- 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
- L'entretien et la réparation de vélos et de cyclomoteurs
- L'intermédiation commerciale dans le domaine des articles de sport et de camping, des jeux et des jouets
- Le commerce de gros de vêtements, y compris les vêtements de sport
- Le commerce de gros et de détail d'articles de sport et de camping, ainsi que d'articles destinés à d'autres loisirs
- 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
- La location et le leasing d'articles de sport, de loisirs et de camping
- La location de vélos
- L'enseignement du sport et des loisirs
- L'exploitation d'installations sportives et de centres multifonctionnels, principalement utilisés pour la pratique sportive
- 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
- Les activités des autres clubs de sports de balle, d'arts martiaux, de sports nautiques, d'équitation et autres clubs sportifs
- Les activités liées aux compétitions sportives avec des animaux (chevaux, lévriers, pigeons, etcétéra)
- Les activités liées aux sports mécaniques (voitures, motos, karts, etcétéra)
- La chasse et la pêche en tant que sport ou loisir
- 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
- 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
- Les autres activités sportives non mentionnées ci-dessus
- La promotion et l'organisation d'événements sportifs, en tant qu'activité indépendante ou pour le compte de tiers
- Les services d'appui liés à la pratique sportive
- La réparation d'articles de sport et de camping
- 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
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: KORYS. The sources do not say who stands above it.
Owners 1
- Bike Republicparent100%
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 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 · 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 | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 16,772 EUR | 16,772 EUR |
| 2024 | 2 | 5,004 EUR | 5,004 EUR |
| 2023 | 1 | 3,685 EUR | 3,685 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteDual-learning approval
4 live approvals · 16 endedShow 16 ended approvals
Similar companies · same sector, comparable size
Identification & contact
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.