Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
MOVE YOUR BIKE from Wevelgem, company number BE0479801293, closed financial year 2022 with a result of € -52,017 after tax. For that financial year MOVE YOUR BIKE recorded a gross margin of € -24,214 and equity of € -97,912. Compared with financial year 2021, the result moved from € -52,729 to € -52,017. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2023.
€ -97,912
▼ € 52,017 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -52,017
▲ 1 % less loss than in 2021
Profit after tax over the fiscal year.
€ 93
▼ 94% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -159,912.
People and assets in 2022
€ 60,198
▼ 27% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 29,695
Loans from banks and other lenders, long and short.
€ 27,209
▲ 54% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 163
▼ 93% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -26,325 | € -24,214 | ▲ € 2,111 |
| Profit after taxes | € -52,729 | € -52,017 | ▲ € 712 |
| Equity | € -45,895 | € -97,912 | ▼ € 52,017 |
| Total debts | € 270,290 | € 295,783 | ▲ 9% |
| Cash | € 1,500 | € 93 | ▼ 94% |
| Retained profit | € -107,895 | € -159,912 | ▼ € 52,017 |
| Bank debt | € 29,695 | € 29,695 | |
| Balance sheet total | € 224,395 | € 197,872 | ▼ 12% |
Key figures of MOVE YOUR BIKE, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to MOVE YOUR BIKE?
What happened at MOVE YOUR BIKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MOVE YOUR BIKE is active according to the CBE. Legal situation: Opening faillissement.
- LIEVEN GHEYSENS stepped down as director. NBB
- LUC GHEYSENS stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 52,017. filed late Source: NBB ↗
- WIM VANDRIESSCHE stepped down as director. NBB
- LIEVEN GHEYSENS became a director. NBB
- WIM VANDRIESSCHE became a director. NBB
- LUC GHEYSENS became a director. NBB
- New establishment in Wevelgem. KBO
In short
From € 52,729 loss in 2021 to € 52,017 loss in 2022.
Management
It owns 15.2% of X-TRACT itself.
Directors
According to the 2022 annual accounts
since 2020 · until 2026
WIM VANDRIESSCHE
Managing director
since 2020 · until 2022
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Lode De Boningestraat 39
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.801.293
- VAT number
- BE 0479.801.293
- Registered office
- Lode De Boningestraat 39, 8560 Wevelgem
- Names & denominations
- MOVE YOUR BIKE · M.Y.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 19 March 2003
- Peppol
- Not registered
- Activities · NACE
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