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 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Chains & Wheels from Lievegem, company number BE0790474576, closed financial year 2024 with a result of € -63,198 after tax. For that financial year Chains & Wheels recorded a gross margin of € -31,327 and equity of € -23,755. Compared with financial year 2023, the result moved from € 38,443 to € -63,198. 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 31, 2025.
€ -23,755
▼ € 63,198 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,198
▼ still € 38,443 profit in 2023
Profit after tax over the fiscal year.
€ 12,923
▲ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -24,755.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 14,500
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 787
▼ 64% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 175,298
▲ 103% vs 2023
€ 25,866 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 27,897
▼ 39% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,196
▲ 16% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 67,286 | € -31,327 | ▼ € 98,613 |
| Profit after taxes | € 38,443 | € -63,198 | ▼ € 101,641 |
| Equity | € 39,443 | € -23,755 | ▼ € 63,198 |
| Total debts | € 147,463 | € 220,390 | ▲ 49% |
| Cash | € 11,524 | € 12,923 | ▲ 12% |
| Retained profit | € 38,443 | € -24,755 | ▼ € 63,198 |
| Bank debt | € 86,470 | € 175,298 | ▲ 103% |
| Balance sheet total | € 186,905 | € 196,635 | ▲ 5% |
| Employees (FTE) | 0 | 0.4 |
Key figures of Chains & Wheels, fiscal years 2023 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 Chains & Wheels?
What happened at Chains & Wheels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Chains & Wheels is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 63,198 (▼ € 101,641 vs 2023). Source: NBB ↗
- New establishment in Lievegem. KBO
- Bart Thienpond became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 38,443 profit in 2023 to € 63,198 loss in 2024.
Paid € 14,886 in corporate taxes since 2023.
Best year ever: 2023, with € 38,443 profit.
A new publication or filing at Chains & Wheels? We notify you, reason included.
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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 Chains & Wheels is Bart Thienpond.
Directors
According to the 2024 annual accounts
Bart Thienpond
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Markt 13
9930 Lievegem
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
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
bike2fix.be
Registered
2016-02-20
Website info
Features
Security
Network
Details
- Company number
- 0790.474.576
- VAT number
- BE 0790.474.576
- Registered office
- Markt 13, 9930 Lievegem
- Names & denominations
- Chains & Wheels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 6 September 2022
- Peppol
- Active · Active since 12 Dec 2025
- Contact
- bike2fix.be
- Activities · NACE
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