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 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
H.O.Bikes from Libramont-Chevigny, company number BE0674866018, closed financial year 2025 with a result of € 39,425 after tax. For that financial year H.O.Bikes recorded a gross margin of € 169,253 and equity of € -121,082. Compared with financial year 2024, the result moved from € -347,736 to € 39,425. Profitable, and profit is growing. 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 September 28, 2026.
€ -121,082
▲ € 39,425 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,425
▲ still € 347,736 loss in 2024
Profit after tax over the fiscal year.
€ 66,137
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -141,082.
People and assets in 2025
2.7
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 85,508
▼ 36% vs 2024
€ 31,700 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.
€ 3,197
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 686,500
▼ 4% vs 2024
€ 90,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 17,649
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,356
▼ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 177,565 | € 219,189 | € 119,699 | € 169,253 | ▲ 41% |
| Profit after taxes | € -1,175 | € -4,335 | € -347,736 | € 39,425 | ▲ € 387,161 |
| Equity | € 191,563 | € 187,228 | € -160,508 | € -121,082 | ▲ € 39,425 |
| Total debts | € 1,170,824 | € 1,960,816 | € 1,622,109 | € 1,538,830 | ▼ 5% |
| Cash | € 33,881 | € 327,095 | € 94,284 | € 66,137 | ▼ 30% |
| Land & buildings | € 56,166 | € 60,755 | € 52,440 | € 199,800 | ▲ 281% |
| Retained profit | € 171,563 | € 167,228 | € -180,508 | € -141,082 | ▲ € 39,425 |
| Bank debt | € 405,825 | € 704,859 | € 717,000 | € 686,500 | ▼ 4% |
| Balance sheet total | € 1,362,387 | € 2,148,045 | € 1,461,601 | € 1,417,747 | ▼ 3% |
| Employees (FTE) | - | 3 | 3.4 | 2.7 | ▼ 0.7 |
Key figures of H.O.Bikes, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to H.O.Bikes?
What happened at H.O.Bikes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,425. filed late Source: NBB ↗
- New establishment in Libramont-Chevigny. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,175 loss in 2022 to € 39,425 profit in 2025.
Best year ever: 2025, with € 39,425 profit.
On average € 62,700 of value added per employee in 2025.
Management
Behind H.O.Bikes is Martial MERNIER.
Directors
According to the 2025 annual accounts
Martial MERNIER
Director
Establishments
Establishment units
Physical locations of this company
Recogne,Rue de Neufchâteau 44E
6800 Libramont-Chevigny
Recogne,Rue de Neufchâteau 44 E
6800 Libramont-Chevigny
Active since 1 May 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.866.018
- VAT number
- BE 0674.866.018
- Registered office
- Recogne,Rue de Neufchâteau 44E, 6800 Libramont-Chevigny
- Names & denominations
- H.O.Bikes · House of Bikes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2017
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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