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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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
BIKES2RE-CIRCLE from Lede, company number BE0721412457, closed financial year 2023 with a result of € -7,627 after tax. For that financial year BIKES2RE-CIRCLE recorded a gross margin of € 5,184 and equity of € 47,093. Compared with financial year 2022, the result moved from € 2,270 to € -7,627. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 4, 2023.
€ 47,093
▼ 14% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,627
▼ still € 2,270 profit in 2022
Profit after tax over the fiscal year.
€ 24,954
▼ 20% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 34,693.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,908
▼ 45% vs 2022
Of which on lease € 5,099.
Debts at end 2023
€ 81,014
▼ 5% vs 2022
€ 4,681 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 105,476
▲ 56% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 5,114
▲ 5% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 13,923 | € 5,184 | ▼ 63% |
| Profit after taxes | € 2,270 | € -7,627 | ▼ € 9,897 |
| Equity | € 54,720 | € 47,093 | ▼ 14% |
| Total debts | € 159,506 | € 193,205 | ▲ 21% |
| Cash | € 31,249 | € 24,954 | ▼ 20% |
| Retained profit | € 42,320 | € 34,693 | ▼ 18% |
| Dividend | € 800 | € 0 | ▼ 100% |
| Bank debt | € 85,602 | € 81,014 | ▼ 5% |
| Balance sheet total | € 214,227 | € 240,297 | ▲ 12% |
Key figures of BIKES2RE-CIRCLE, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 January 2025.
What happened to BIKES2RE-CIRCLE?
What happened at BIKES2RE-CIRCLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BIKES2RE-CIRCLE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 7,627 (▼ € 9,897 vs 2022). Source: NBB ↗
- New establishment in Lede. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,270 profit in 2022 to € 7,627 loss in 2023.
Paid € 718 in corporate taxes since 2022.
Best year ever: 2022, with € 2,270 profit.
Paid out € 800 in dividends to the owners in total.
Management
Behind BIKES2RE-CIRCLE is JENS DE PAEPE.
Directors
According to the 2023 annual accounts
JENS DE PAEPE
Director
Establishments
Establishment units
Physical locations of this company
Serskampstraat 20
9340 Lede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0721.412.457
- VAT number
- BE 0721.412.457
- Registered office
- Serskampstraat 20, 9340 Lede
- Names & denominations
- BIKES2RE-CIRCLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 February 2019
- Peppol
- Not registered
- Activities · NACE
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