Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
ASKA BIKE from Bertem, company number BE0678360194, closed financial year 2025 with a result of € -80,766 after tax. For that financial year ASKA BIKE recorded a gross margin of € 387,030 and equity of € -26,812. Compared with financial year 2024, the result moved from € -571,141 to € -80,766. 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 July 30, 2026.
€ -26,812
▼ € 80,885 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -80,766
▲ 86 % less loss than in 2024
Profit after tax over the fiscal year.
€ 143,761
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
5.5
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 282,218
▲ 19% vs 2024
€ 51,300 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.
€ 16,109
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 906,227
▲ 1% vs 2024
€ 650,543 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 188,313
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 157,493
▲ 115% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -333,245 | € -32,347 | € 160,960 | € 387,030 | ▲ 140% |
| Profit after taxes | € -556,712 | € -375,521 | € -571,141 | € -80,766 | ▲ € 490,374 |
| Equity | € 703,747 | € 530,092 | € 54,073 | € -26,812 | ▼ € 80,885 |
| Total debts | € 811,012 | € 1,238,131 | € 1,533,137 | € 1,412,236 | ▼ 8% |
| Cash | € 217,802 | € 118,992 | € 274,327 | € 143,761 | ▼ 48% |
| Retained profit | € -639,015 | € -1,014,537 | € -1,585,677 | € -1,666,562 | ▼ € 80,885 |
| Bank debt | € 600,000 | € 596,517 | € 894,272 | € 906,227 | ▲ 1% |
| Balance sheet total | € 1,514,759 | € 1,768,223 | € 1,587,210 | € 1,385,424 | ▼ 13% |
| Employees (FTE) | - | 4.4 | 4.6 | 5.5 | ▲ 0.9 |
Key figures of ASKA BIKE, 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 ASKA BIKE?
What happened at ASKA BIKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Participatiemaatschappij Vlaanderen NV stepped down as director. NBB
- Mark De Smedt stepped down as director. NBB
- Filip Dehing stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 80,766. Source: NBB ↗
- Fonto BV became a director. NBB
- Participatiemaatschappij Vlaanderen NV became a director. NBB
- Mark De Smedt became a director. NBB
- Filip Dehing became a director. NBB
In short
From € 556,712 loss in 2022 to € 80,766 loss in 2025.
Paid € 200 in corporate taxes since 2022.
On average € 70,400 of value added per employee in 2025.
Management
The stake of Participatiemaatschappij Vlaanderen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ASKA BIKEBehind ASKA BIKE is Fonto BV. The shares are held by Participatiemaatschappij Vlaanderen (10.8%).
Directors
According to the 2025 annual accounts
since 2026
Participatiemaatschappij Vlaanderen NV
Director · represented by Robin Mees
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Arts Gebroeders immobilière, BEDRIJVENCENTRUM VILVOORDE, BIOTECH FONDS VLAANDEREN, MAISON DE LA RADIO FLAGEY, HERTECANT FLANGES, Site-Ontwikkeling Vlaanderen, SUSTAINABLE ENERGY VENTURES +136 more
since 2022 · until 2027
Mark De Smedt
Director
since 2022 · until 2027
Filip Dehing
Director
since 2022 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Broekstraat 3
3061 Bertem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0678.360.194
- VAT number
- BE 0678.360.194
- Registered office
- Broekstraat 3, 3061 Bertem
- Names & denominations
- ASKA BIKE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2017
- Peppol
- Active · Active since 29 May 2026
- Activities · NACE
Detailhandel in fietsen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Detailhandel in fietsen in gespecialiseerde winkels
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings
Vervaardiging van motorfietsen
Vervaardiging van fietsen en invalidenwagens
Activiteiten van hoofdkantoren
+3