Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 2.1 to 1.2.
Financials
Financial year 2024
SPORT & CO from Wetteren, company number BE0440727418, closed financial year 2024 with a result of € 9,943 after tax. For that financial year SPORT & CO recorded a gross margin of € 163,454 and equity of € 231,452. Compared with financial year 2023, the result moved from € -28,203 to € 9,943. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2025.
€ 231,452
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,943
▲ still € 28,203 loss in 2023
Profit after tax over the fiscal year.
€ 19,812
▼ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 212,860.
People and assets in 2024
1.2
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 82,017
▼ 9% vs 2023
€ 68,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 68,226
▼ 43% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 288,512
▲ 1% vs 2023
€ 34,707 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 193,670
▼ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 44,597
▲ 2% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 312,118 | € 311,451 | € 156,810 | € 163,454 | ▲ 4% |
| Profit after taxes | € 104,574 | € 80,370 | € -28,203 | € 9,943 | ▲ € 38,147 |
| Equity | € 189,342 | € 259,712 | € 221,508 | € 231,452 | ▲ 4% |
| Total debts | € 606,510 | € 638,002 | € 680,497 | € 527,010 | ▼ 23% |
| Cash | € 40,542 | € 20,582 | € 38,965 | € 19,812 | ▼ 49% |
| Land & buildings | € 6,486 | - | - | - | |
| Retained profit | € 170,750 | € 241,120 | € 202,916 | € 212,860 | ▲ 5% |
| Dividend | € 0 | € 10,000 | € 10,000 | € 0 | ▼ 100% |
| Bank debt | € 284,681 | € 348,682 | € 284,679 | € 288,512 | ▲ 1% |
| Balance sheet total | € 795,852 | € 897,714 | € 902,005 | € 758,462 | ▼ 16% |
| Employees (FTE) | 2.6 | 2.1 | 1.6 | 1.2 | ▼ 0.4 |
Key figures of SPORT & CO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SPORT & CO?
What happened at SPORT & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 9,943. Source: NBB ↗
- Jan Vanhove became a director. NBB
- Martine Cours became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,574 profit in 2021 to € 9,943 profit in 2024.
Paid € 73,968 in corporate taxes since 2021.
Best year ever: 2021, with € 104,574 profit.
On average € 136,200 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SPORT & CO are Jan Vanhove and Martine Cours.
Directors
According to the 2024 annual accounts
Jan Vanhove
Director
since 2007
Martine Cours
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 371
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
UPCLOUD, FI
Website info
Features
Security
Details
- Company number
- 0440.727.418
- VAT number
- BE 0440.727.418
- Registered office
- Brusselsesteenweg 371, 9230 Wetteren
- Names & denominations
- SPORT & CO · Sport Bikes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 1990
- Peppol
- Active · Active since 20 Aug 2025
- Contact
- sportbikes.be
- Activities · NACE
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