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WV3

Active
Public limited companyfounded 200224 yrs activeTramstraat 63, 9052 Gent, BelgiumKBO/BCE: BE 0477.728.760
Summary

WV3 has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €532,730 and a net result of €110,777. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 4209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+4
Solvency78▲+3
Growth47▲+15
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.45 against 1.0 in 2024; short-term debt: 46.8% and cash: 19.3% of total assets), and 46.8% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 24 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
53.2%
Return on assets
11.1%
Age of the figures
18 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
18192021232425
2018 to 2025 · latest year €532,730
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
2021
32 d early
2020
31 d early
2019
14 d early
2018
33 d early
← 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 11 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 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 11 June 2002, WV3 was incorporated.1 Total assets went from EUR 1.1 million in 2018 to EUR 1 million in 2025 and headcount from 3.6 to 31.5 full-time equivalents.2

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

Go further with this company

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€2.8m▲ 12.5%
2024 · €2.5m
EBIT margin
5.7%▲ 4.9pp
2024 · 0.8%
Net result
€110,777▲ 11.1%
2024 · €99,722
Working capital
€210,672
2024 · -€256
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail 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
Line20202021202320242025
Turnover€2.5m€2.8m▲ 12.5%
Operating result€568,890▲ 70.8%€385,575▼ 32.2%€42,211-€18,765▼ 55.5%€156,019▲ 731%
Net result€387,240above the sector's middle half▲ 78.5%€330,805above the sector's middle half▼ 14.6%€30,433within the sector's middle half-€99,722within the sector's middle half▲ 228%€110,777within the sector's middle half▲ 11.1%
EBIT margin0.8%5.7%▲ 4.9pp
Equity€1.0mabove the sector's middle half▲ 23.4%€1.4mabove the sector's middle half▲ 32.0%€395,366within the sector's middle half-€421,953within the sector's middle half▲ 6.7%€532,730within the sector's middle half▲ 26.3%
Total assets€1.7mabove the sector's middle half▲ 29.7%€2.0mabove the sector's middle half▲ 18.1%€495,476below the sector's middle half-€840,076within the sector's middle half▲ 69.5%€1.0mwithin the sector's middle half▲ 19.1%
Debt€692,097▲ 40.6%€673,833▼ 2.6%€100,111-€418,122▲ 318%€468,014▲ 11.9%
Working capital€1.1m▲ 20.0%€1.4m▲ 23.5%€144,401--€256€210,672
Solvency59.9%above the sector's middle half▼ 3.1pp66.9%above the sector's middle half▲ 7.0pp79.8%above the sector's middle half-50.2%within the sector's middle half▼ 29.6pp53.2%within the sector's middle half▲ 3.0pp
Staff (FTE)5.1within the sector's middle half▲ 64.5%5.1within the sector's middle half=7.7above the sector's middle half-32.1above the sector's middle half▲ 317%31.5above the sector's middle half▼ 1.9%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2024 Staff (FTE) +317% on 2023. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2020: €568,890€568,890Net result 2020: €387,240€387,240Operating result 2021: €385,575€385,575Net result 2021: €330,805€330,805Operating result 2023: €42,211€42,211Net result 2023: €30,433€30,433Operating result 2024: €18,765€18,765Net result 2024: €99,722€99,722Operating result 2025: €156,019€156,019Net result 2025: €110,777€110,77720202021202320242025€0€50,000€100,000€150,000Operating result 2023: €42,211€42,200Net result 2023: €30,433€30,400Operating result 2024: €18,765€18,800Net result 2024: €99,722€99,700Operating result 2025: €156,019€156,000Net result 2025: €110,777€111,000202320242025
The operating result recovers in 2025; 2025 is 731% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets €322,059 ▼ 23.7%
Current assets €678,686 ▲ 62.4%
Equity and liabilities €1.0m
Equity €532,730 ▲ 26.3%
Debt €468,014 ▲ 11.9%
Debt's share of the balance-sheet total falls from 49.8% to 46.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€258,679▲
2024 · €134,735
Cash flow
€213,437▼
2024 · €215,693
Current ratio
1.45▲
2024 · 1.00
Debt to equity
0.88▼
2024 · 0.99
ROE
20.8%▼
2024 · 23.6%
ROA
11.1%▼
2024 · 11.9%
Interest coverage
1811.23▲
2024 · 815.83
Debt ≤ 1 year
€468,014▲
2024 · €418,122
Income taxes
€48,124▲
2024 · €4,579
Staff costs
€1.6m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 20,129 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€840,076€1.0m▲
Fixed assets21/28€422,209€322,059▼
Tangible fixed assets22/27€422,209€322,059▼
Land and buildings22€159,796€116,692▼
Plant, machinery and equipment23€40,962€31,143▼
Furniture and vehicles24€34,992€24,933▼
Other tangible fixed assets26€186,458€149,291▼
Current assets29/58€417,867€678,686▲
Amounts receivable within one year40/41€162,495€485,021▲
Trade receivables40€141,804€474,639▲
Other amounts receivable41€20,691€10,382▼
Cash at bank and in hand54/58€255,229€193,228▼
Deferred charges and accrued income490/1€142€437▲
Equity and liabilities
Total equity and liabilities10/49€840,076€1.0m▲
Equity10/15€421,953€532,730▲
Contributions10/11€80,800€80,800=
Reserves13€176,971€176,971=
Non-distributable reserves130/1€3,719€3,719=
Reserves not available under the articles1311€3,719€3,719=
Tax-exempt reserves132€165,973€165,973=
Distributable reserves133€7,279€7,279=
Profit (loss) carried forward14€164,182€274,959▲
Amounts payable17/49€418,122€468,014▲
Amounts payable within one year42/48€418,122€468,014▲
Trade debts44€178,813€234,177▲
Suppliers440/4€178,813€234,177▲
Advances received on contracts in progress46€12,765€8,638▼
Taxes, remuneration and social security45€226,544€224,564▼
Taxes450/3-€1,023
Remuneration and social security454/9€226,544€223,542▼
Other amounts payable47/48-€635
Income statement Code20242025
Operating income70/76A€2.5m€2.8m▲
Turnover70€2.5m€2.8m▲
Other operating income74€25,334€14,249▼
Operating charges60/66A€2.5m€2.6m▲
Services and other goods61€601,814€862,348▲
Remuneration, social security and pensions62€1.6m€1.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115,970€102,660▼
Other operating charges640/8€111,797€2,833▼
Operating profit (loss)9901€18,765€156,019▲
Financial income75/76B€87,681€3,420▼
Recurring financial income75€87,681€3,420▼
Income from current assets751€87,681€3,420▼
Other financial income752/9-€0
Financial charges65/66B€2,144€538▼
Recurring financial charges65€2,144€538▼
Debt charges650€165€143▼
Other financial charges652/9€1,978€396▼
Profit (loss) for the period before taxes9903€104,302€158,901▲
Income taxes67/77€4,579€48,124▲
Taxes670/3€32,661€48,136▲
Tax adjustments and reversals of tax provisions77€28,082€13▼
Profit (loss) for the period9904€99,722€110,777▲
Profit (loss) for the period to be appropriated9905€99,722€110,777▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.5m€274,959▼
Profit (loss) brought forward from the previous period14P€1.4m€164,182▼
Transfer from equity791/2€1.7m-
From reserves792€1.7m-
Profit to be distributed694/7€3.0m-
Return on contributions (dividend)694€3.0m-
Social balance
Average headcount (FTE)908732.131.5▼

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

Line20202021202320242025Change
Operating income70/76A---€2.5m€2.8m▲ 11.9%
Turnover70---€2.5m€2.8m▲ 12.5%
Other operating income74---€25,334€14,249▼ 43.8%
Operating charges60/66A---€2.5m€2.6m▲ 6.4%
Services and other goods61---€601,814€862,348▲ 43.3%
Remuneration, social security and pensions62-€270,818€447,854€1.6m€1.6m▲ 1.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60,360€75,434€75,996€115,970€102,660▼ 11.5%
Other operating charges640/8-€7,003€6,149€111,797€2,833▼ 97.5%
Gross operating margin9900€815,364€738,829€572,209---
Operating profit (loss)9901€568,890€385,575€42,211€18,765€156,019▲ 731%
Financial income75/76B-€43,597€8,180€87,681€3,420▼ 96.1%
Recurring financial income75€1,410€43,597€8,180€87,681€3,420▼ 96.1%
Income from current assets751---€87,681€3,420▼ 96.1%
Other financial income752/9----€0-
Financial charges65/66B-€8,809€7,124€2,144€538▼ 74.9%
Recurring financial charges65€6,997€8,809€7,124€2,144€538▼ 74.9%
Debt charges650---€165€143▼ 13.5%
Other financial charges652/9---€1,978€396▼ 80.0%
Profit (loss) for the period before taxes9903€563,303€420,363€43,267€104,302€158,901▲ 52.3%
Income taxes67/77€176,063€89,558€12,834€4,579€48,124▲ 951%
Taxes670/3---€32,661€48,136▲ 47.4%
Tax adjustments and reversals of tax provisions77---€28,082€13▼ 100.0%
Profit (loss) for the period9904€387,240€330,805€30,433€99,722€110,777▲ 11.1%
Profit (loss) for the period to be appropriated9905€397,590€330,805€30,433€99,722€110,777▲ 11.1%
Line20202021202320242025Change
Assets
Total assets20/58€1.7m€2.0m€495,476€840,076€1.0m▲ 19.1%
Fixed assets21/28€210,674€352,190€250,965€422,209€322,059▼ 23.7%
Tangible fixed assets22/27€210,674€352,190€250,965€422,209€322,059▼ 23.7%
Land and buildings22-€106,678€80,474€159,796€116,692▼ 27.0%
Plant, machinery and equipment23-€27,468€9,345€40,962€31,143▼ 24.0%
Furniture and vehicles24-€38,433€8,730€34,992€24,933▼ 28.7%
Other tangible fixed assets26-€179,611€152,417€186,458€149,291▼ 19.9%
Current assets29/58€1.5m€1.7m€244,512€417,867€678,686▲ 62.4%
Stocks and contracts in progress3€717,629€1.4m----
Stocks30/36-€1.4m----
Amounts receivable within one year40/41€156,960€93,634€71,326€162,495€485,021▲ 198%
Trade receivables40-€86,246€68,546€141,804€474,639▲ 235%
Other amounts receivable41-€7,388€2,781€20,691€10,382▼ 49.8%
Cash at bank and in hand54/58€637,357€229,090€172,631€255,229€193,228▼ 24.3%
Deferred charges and accrued income490/1-€9,427€554€142€437▲ 207%
Equity and liabilities
Total equity and liabilities10/49€1.7m€2.0m€495,476€840,076€1.0m▲ 19.1%
Equity10/15€1.0m€1.4m€395,366€421,953€532,730▲ 26.3%
Contributions10/11-€25,000€25,000€80,800€80,800=
Reserves13€1.0m€1.3m€370,366€176,971€176,971=
Non-distributable reserves130/1---€3,719€3,719=
Reserves not available under the articles1311---€3,719€3,719=
Tax-exempt reserves132-€3,489€3,489€165,973€165,973=
Distributable reserves133-€1.3m€366,877€7,279€7,279=
Profit (loss) carried forward14---€164,182€274,959▲ 67.5%
Amounts payable17/49€692,097€673,833€100,111€418,122€468,014▲ 11.9%
Amounts payable after more than one year17€267,861€337,712----
Financial debts170/4-€337,712----
Amounts payable within one year42/48€420,983€335,050€100,111€418,122€468,014▲ 11.9%
Current portion of amounts payable after more than one year42-€97,876----
Trade debts44€87,570€62,781€43,898€178,813€234,177▲ 31.0%
Suppliers440/4-€62,781€43,898€178,813€234,177▲ 31.0%
Advances received on contracts in progress46-€47,955-€12,765€8,638▼ 32.3%
Taxes, remuneration and social security45-€126,438€56,129€226,544€224,564▼ 0.9%
Taxes450/3-€98,642€3,334-€1,023-
Remuneration and social security454/9-€27,796€52,795€226,544€223,542▼ 1.3%
Other amounts payable47/48--€83-€635-
Accrued charges and deferred income492/3-€1,070----
Line20202021202320242025Change
Profit (loss) for the period9904€387,240€330,805€30,433€99,722€110,777▲ 11.1%
+ Depreciation and write-downs630€60,360€75,434€75,996€115,970€102,660▼ 11.5%
Operating cash flow (approximation)€447,600€406,238€106,428€215,693€213,437▼ 1.0%
Investment in fixed assets (approximation)--€216,950--€287,215-€2,510▲ 99.1%
Change in cash--€408,267-€82,598-€62,001▼ 175%

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 Stefan40 facts ▸
  • Director resignation, COLRUYT Jozef (director)
  • Director resignation, GOETHAERT Stefan (director)
  • Director resignation, WILLEMYNS Jo (director)
  • Director resignation, CASTELEIN Kris (director)
  • Director resignation, VANDAMME Stefaan (director)
  • Director appointment, Stefan Goethaert (director)
  • Director appointment, WILLEMYNS Jo (director)
  • Director appointment, CASTELEIN Kris (director)
  • Director appointment, VANBELLINGEN Peter (director)
  • Director appointment, VANDAMME Stefaan (director)
  • Permanent representative, GOETHAERT Stefan (permanent representative)
  • Other statement, raadpleging gecoördineerde statuten, https://statuten.notaris.be
  • +28 further facts in this act
2025
31-03
Financial Equity above €500,000Eq €532,730 ▲26.3%
7 profitable years in a row build equity to €532,730.
2024
16-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
25-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Weakest financial yearnet €30,433 ▼90.8%
Net result drops to €30,433, the lowest in the series; recovery starts the following year.
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €387,240 ▲78.5%
Operating result €568,890, net result €387,240, both a record.
31-12
Financial Equity above €1mEq €1.0m ▲23.4%
3 profitable years in a row build equity to €1.0m.
17-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts

Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 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 (26345957). 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.
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
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
8 of this company's 9 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 1999
seat establishment All 9 establishment units on the map
Ground area
2.8 ha
Building footprint
1.1 ha
Volume, LiDAR
80,176 m³
10 parcels, Flanders · tallest building 20.5 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 Retie
Veldenstraat 22, 2470 RetieNACE 3161005
since 19992.090.399.884
Bike Republic Laakdal
Smissestraat 40, 2430 LaakdalRetail sale of bicycles
since 20022.100.608.244
Bike Republic Turnhout
Parklaan 38, 2300 TurnhoutNACE 45402
since 20182.277.571.480
Bike Republic Diest
Diestsebaan 12, 3290 DiestNACE 4540201
since 20212.315.386.535
Bike Republic Oudsbergen
Weg op Bree 117, 3670 OudsbergenRetail sale of bicycles
since 20262.387.574.430
Bike Republic Herentals
Augustijnenlaan(HRT) 95, 2200 HerentalsRetail sale of bicycles
since 20262.387.574.529
Show 3 more locations
Bike Republic Hasselt
Herkenrodesingel 85, 3500 HasseltRetail sale of bicycles
since 20262.387.574.628
Bike Republic Hechtel-Eksel
Overpelterbaan 7, 3940 Hechtel-EkselRetail sale of bicycles
since 20262.389.439.404
Bike Republic Servicepoint Genk
Europalaan 132, 3600 GenkRetail sale of bicycles
since 20262.389.784.545
10 parcels
Flanders 10 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44082B0132/00F000 Flanders 9,545 m² 1 · 3,366 m² 15.3 m · 3 fl.
71327G0357/00N000 Flanders 7,772 m² 1 · 3,847 m² 9.6 m · 2 fl.
13036B1114/00A000 Flanders 2,908 m² 1 · 1,150 m² 4.1 m
24097O0093/00F005 Flanders 2,172 m² 1 · 1,012 m² 7.8 m · 1 fl.
13302C0299/02K000 Flanders 1,586 m² 1 · 618 m² 17.9 m · 4 fl.
13453O0322/00R000 Flanders 1,343 m² - -
13045A0695/00G000 Flanders 1,047 m² 1 · 883 m² 15.1 m · 1 fl.
72022B0419/00G000 Flanders 990 m² 1 · 202 m² 10.5 m · 2 fl.
72006A0364/00S000 Flanders 277 m² 1 · 140 m² 7.1 m · 2 fl.
71016I0994/02P000 Flanders 227 m² 1 · 227 m² 20.5 m · 6 fl.
Linked by address, not proof of ownership
Good to know
10 of 10 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

7 people since 2026, 5 in office
Show
  • Board
  • 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, from 16-07-2026 to date
VANBELLINGEN Peter
  • Director, from 16-07-2026 to date
WILLEMYNS Jo
  • Director, already before 16-07-2026 to date
COLRUYT Jozef
  • Director, until 16-07-2026
Stefan Goethaert
  • Director, until 16-07-2026
See the board, name and seat on a given date →

Articles of association

Who signs
Annual meeting
Second Wednesday of September at 09:00
Purpose
Kleinhandel in nieuwe of gebruikte fietsen,onderdelen en toebehoren van fietsen; Kleinhandel in nieuwe of gebruikte motorrijwielen,bromfietsen en onderdelen en accessoires van…
Full purpose (10 activities)
  1. Kleinhandel in nieuwe of gebruikte fietsen,onderdelen en toebehoren van fietsen
  2. Kleinhandel in nieuwe of gebruikte motorrijwielen,bromfietsen en onderdelen en accessoires van motorrijwielen en bromfietsen
  3. Onderhoud en reparatie van fietsen
  4. Onderhoud en reparatie van motorrijwielen en bromfietsen
  5. Kleinhandel in grasmaaiers,andere elektrische tuinmachines en toebehoren
  6. Reparatie en onderhoud van grasmaaiers en andere elektrische tuinmachines
  7. Kleinhandel in onderdelen en toebehoren voor motorvoertuigen en go-carts
  8. Kleinhandel in land- en tuinbouwmachines en land- en tuinbouwmaterieel
  9. Vervaardiging van metalen werkstukken voor rekening van derden door toepassing van diverse technieken:boren,draaien,frezen,vonkerosief bewerken,schaven,lappen,trekfrezen,vlakken,zagen,slijpen,lassen,enzovoort
  10. Groothandel en detailhandel,import en export van sportartikelen,schoeisel,textiel,kleding,lederwaren en onderhoudsproducten
Board rule
Raad kan voorzitter benoemen,bij ontstentenis/afwezigheid waarneming door aangeduide aanwezige bestuurder, raad van bestuur
Other statement
Meest uitgebreide macht,uitgezonderd aan algemene vergadering voorbehouden handelingen, bestuursbevoegdheid-dagelijks bestuur
Toelating tot vergadering, (certificaten van) effecten neerleggen op zetel of vermelde instellingen
Artikel 17. VERTEGENWOORDIGING
Artikel 21. STEMRECHT
Winstverdeling, algemene vergadering beslist over saldo op voorstel bestuursorgaan
Interimdividenden, bestuursorgaan,mits naleving toepasselijke wettelijke bepalingen
2 more provisions on this in the deed
Dissolution rule
Artikel 27. ONTBINDING EN VEREFFENING
Liquidation rule
Algemene vergadering kan bevoegdheden te allen tijde bij gewone meerderheid beperken, alle machten artikel 2:87 WVV zonder bijzondere machtiging
Registered office clause
Vlaamse Gewest, bestuursorgaan mag administratieve zetels,exploitatiezetels,bijkantoren en depots in België of buitenland oprichten

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. WV3

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 WV3 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
→
WV2
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
→

Public money · subsidies and aid

Flemish government

2023 to 2025 · 7 entries · 23,041 EUR awarded · 3,841 EUR paid
Year Entries awardedpaid
2025 4 2,341 EUR2,341 EUR
2024 2 20,200 EUR1,000 EUR
2023 1 500 EUR500 EUR
Schemes
3 entries · 19,200 EUR · Fonds voor Innoveren en Ondernemen
2 entries · 3,000 EUR · 3,000 EUR paid · Departement Werk en Sociale Economie
1 entry · 500 EUR · 500 EUR paid · Departement Werk en Sociale Economie
1 entry · 341 EUR · 341 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

12 live approvals · 3 ended
Fietshersteller (vwo)
Goedgekeurd · 2026 to 2031
Fietshersteller (vwo)
Goedgekeurd · 2026 to 2031
Fietshersteller (vwo)
Goedgekeurd · 2023 to 2028
Fietshersteller duaal (so)
Goedgekeurd · 2026 to 2031
Fietshersteller duaal (so)
Goedgekeurd · 2026 to 2031
Fietshersteller duaal (so)
Goedgekeurd · 2023 to 2028
Show 6 more
Fietsinstallaties duaal (so)
Goedgekeurd · 2026 to 2031
Fietsinstallaties duaal (so)
Goedgekeurd · 2023 to 2028
Fietsinstallaties duaal (so)
Goedgekeurd · 2026 to 2031
Fietstechnicus (vwo)
Goedgekeurd · 2026 to 2031
Fietstechnicus (vwo)
Goedgekeurd · 2023 to 2028
Fietstechnicus (vwo)
Goedgekeurd · 2026 to 2031
Show 3 ended approvals
Fietshersteller (vwo)
discontinued · 2024 to 2026
Fietshersteller duaal (so)
discontinued · 2024 to 2026
Fietsmecanicien (so)
discontinued · 2023 to 2025

Similar companies · same sector, comparable size

Of 1,465 companies in sector 47632 we hold annual accounts for 733. 562 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
Founded11-06-2002
Fiscal year end31-03
Activities, NACEBEL 2025
47632Retail sale of bicycles
47830Retail sale of motorcycles and motorcycle parts and accessories
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0477728760
Registered 16-12-2025

Register as of 27 September 2026 · Peppol Directory

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