What does Serneels Bikes do?

Serneels Bikes is a market trader in Westerlo. Private Limited, started on 12 November 2004, 2 establishments.

What is the address of Serneels Bikes?

The registered office of Serneels Bikes is located at Olenseweg 125 box B, 2260 Westerlo.

Is Serneels Bikes still active?

Yes. According to the CBE (30 October 2026) Serneels Bikes is active, legal situation “Normale toestand”, started on 12 November 2004.

Is Serneels Bikes registered on Peppol?

Yes, Serneels Bikes is registered on the Peppol network with ID 0208:0869953210.

What is the enterprise number of Serneels Bikes?

The enterprise number of Serneels Bikes is BE0869953210.

When was Serneels Bikes founded?

Serneels Bikes was founded on 12 November 2004.

Who are the directors of Serneels Bikes?

According to the 2025 annual accounts, the directors of Serneels Bikes are: TOM SERNEELS, KATIA KENES.

Is Serneels Bikes a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 November 2004; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did Serneels Bikes make in 2025?

Serneels Bikes posted a profit after taxes of € 361,564 in financial year 2025.

What is the revenue of Serneels Bikes?

As a small company, Serneels Bikes is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,337,350.

How much does an employee at Serneels Bikes earn?

The average wage cost per full-time employee at Serneels Bikes was € 60,000 in 2025: staff costs of € 594,452 for 9.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Serneels Bikes have?

According to the 2025 annual accounts, Serneels Bikes has 9.9 full-time equivalents (FTE).

Serneels Bikes (Private Limited) - Westerlo

Dossier Serneels Bikes, printed on 30 October 2026 from databakkes.be/en/0869953210/serneels-bikes. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Serneels Bikes from Westerlo, company number BE0869953210, closed financial year 2025 with a result of € 361,564 after tax. For that financial year Serneels Bikes recorded a gross margin of € 1.3 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 332,596 to € 361,564. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2026.

What it is worth Growing

€ 2.1 million

▲ 20% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 361,564

▲ 9% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 255,449

▼ 22% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.1 million.

People and assets in 2025

Full-time equivalents

9.9

▼ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 594,452

▼ 3% vs 2024

€ 60,000 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.

Vehicles and equipment

€ 85,879

▲ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.3 million

▼ 8% vs 2024

€ 311,840 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 1.4 million

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 216,900

▲ 12% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 566,089 Gross margin 2022: € 566,089 First fiscal year in the series	€ 930,176 Gross margin 2023: € 930,176 ▲ 64% vs 2022 (€ 566,089) Favourable step	€ 1,268,677 Gross margin 2024: € 1,268,677 ▲ 36% vs 2023 (€ 930,176) Favourable step	€ 1,337,350 Gross margin 2025: € 1,337,350 ▲ 5% vs 2024 (€ 1,268,677) Favourable step	▲ 5%
Profit after taxes	€ 166,428 Profit after taxes 2022: € 166,428 First fiscal year in the series	€ 307,811 Profit after taxes 2023: € 307,811 ▲ 85% vs 2022 (€ 166,428) Favourable step	€ 332,596 Profit after taxes 2024: € 332,596 ▲ 8% vs 2023 (€ 307,811) Favourable step	€ 361,564 Profit after taxes 2025: € 361,564 ▲ 9% vs 2024 (€ 332,596) Favourable step	▲ 9%
Equity	€ 1,144,702 Equity 2022: € 1,144,702 First fiscal year in the series	€ 1,452,513 Equity 2023: € 1,452,513 ▲ 27% vs 2022 (€ 1,144,702) Favourable step	€ 1,785,108 Equity 2024: € 1,785,108 ▲ 23% vs 2023 (€ 1,452,513) Favourable step	€ 2,146,672 Equity 2025: € 2,146,672 ▲ 20% vs 2024 (€ 1,785,108) Favourable step	▲ 20%
Total debts	€ 1,237,323 Total debts 2022: € 1,237,323 First fiscal year in the series	€ 2,407,400 Total debts 2023: € 2,407,400 ▲ 95% vs 2022 (€ 1,237,323) Unfavourable step	€ 4,106,471 Total debts 2024: € 4,106,471 ▲ 71% vs 2023 (€ 2,407,400) Unfavourable step	€ 3,998,433 Total debts 2025: € 3,998,433 ▼ 3% vs 2024 (€ 4,106,471) Favourable step	▼ 3%
Cash	€ 343,788 Cash 2022: € 343,788 First fiscal year in the series	€ 553,505 Cash 2023: € 553,505 ▲ 61% vs 2022 (€ 343,788) Favourable step	€ 328,134 Cash 2024: € 328,134 ▼ 41% vs 2023 (€ 553,505) Unfavourable step	€ 255,449 Cash 2025: € 255,449 ▼ 22% vs 2024 (€ 328,134) Unfavourable step	▼ 22%
Land & buildings	€ 1,151,997 Land & buildings 2022: € 1,151,997 First fiscal year in the series	€ 1,104,777 Land & buildings 2023: € 1,104,777 ▼ 4% vs 2022 (€ 1,151,997) Unchanged	€ 1,048,303 Land & buildings 2024: € 1,048,303 ▼ 5% vs 2023 (€ 1,104,777) Unchanged	€ 997,573 Land & buildings 2025: € 997,573 ▼ 5% vs 2024 (€ 1,048,303) Unchanged	▼ 5%
Retained profit	€ 1,138,502 Retained profit 2022: € 1,138,502 First fiscal year in the series	€ 1,446,313 Retained profit 2023: € 1,446,313 ▲ 27% vs 2022 (€ 1,138,502) Favourable step	€ 1,778,908 Retained profit 2024: € 1,778,908 ▲ 23% vs 2023 (€ 1,446,313) Favourable step	€ 2,140,472 Retained profit 2025: € 2,140,472 ▲ 20% vs 2024 (€ 1,778,908) Favourable step	▲ 20%
Dividend	€ 94,059 Dividend 2022: € 94,059 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 94,059) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 764,451 Bank debt 2022: € 764,451 First fiscal year in the series	€ 1,195,490 Bank debt 2023: € 1,195,490 ▲ 56% vs 2022 (€ 764,451) Unfavourable step	€ 2,527,969 Bank debt 2024: € 2,527,969 ▲ 111% vs 2023 (€ 1,195,490) Unfavourable step	€ 2,314,435 Bank debt 2025: € 2,314,435 ▼ 8% vs 2024 (€ 2,527,969) Favourable step	▼ 8%
Balance sheet total	€ 2,382,024 Balance sheet total 2022: € 2,382,024 First fiscal year in the series	€ 3,859,913 Balance sheet total 2023: € 3,859,913 ▲ 62% vs 2022 (€ 2,382,024) Unchanged	€ 5,891,579 Balance sheet total 2024: € 5,891,579 ▲ 53% vs 2023 (€ 3,859,913) Unchanged	€ 6,145,105 Balance sheet total 2025: € 6,145,105 ▲ 4% vs 2024 (€ 5,891,579) Unchanged	▲ 4%
Employees (FTE)	4.5 Employees (FTE) 2022: 4.5 First fiscal year in the series	4.9 Employees (FTE) 2023: 4.9 ▲ 0.4 vs 2022 (4.5) Unchanged	10.4 Employees (FTE) 2024: 10.4 ▲ 5.5 vs 2023 (4.9) Unchanged	9.9 Employees (FTE) 2025: 9.9 ▼ 0.5 vs 2024 (10.4) Unchanged	▼ 0.5

Key figures of Serneels 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 30 January 2027.

What happened to Serneels Bikes?

What happened at Serneels Bikes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 23, 2026 New annual accounts for financial year 2025: profit of € 361,564 (▲ 9% vs 2024). Source: NBB ↗
Jan 2, 2023 New establishment in Zonhoven. KBO
Dec 14, 2004 New establishment in Westerlo. KBO
Nov 12, 2004 Start of the company according to the CBE. KBO
2004 TOM SERNEELS became a director. NBB
2004 KATIA KENES became a director. NBB

In short

From € 166,428 profit in 2022 to € 361,564 profit in 2025.

Paid € 532,594 in corporate taxes since 2022.

Best year ever: 2025, with € 361,564 profit.

On average € 135,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

TOM SERNEELS KATIA KENES

E.R.C.

TOKAIDO

Serneels Bikes

Behind Serneels Bikes are TOM SERNEELS and KATIA KENES. The same people are also behind E.R.C.. TOM SERNEELS is also behind TOKAIDO.

Directors

According to the 2025 annual accounts

TOM SERNEELS

Managing director

Also active at: E.R.C., TOKAIDO

since 2004

KATIA KENES

Director

Also active at: E.R.C.

since 2004

Establishments

Establishment units

Physical locations of this company

Registered office

Olenseweg 125 box B

2260 Westerlo

2.144.059.294

Olenseweg 125b

2260 Westerlo

Active since 14 December 2004

2.339.495.290

Halveweg 49

3520 Zonhoven

Active since 2 January 2023

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 →

TOKAIDO same network

€ 128,401 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0869.953.210

VAT number

BE 0869.953.210

Registered office

Olenseweg 125 bus B, 2260 Westerlo

Names & denominations

Serneels Bikes

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 November 2004

Peppol

Active · Active since 20 Jun 2024

Activities · NACE

Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen

Handel in en onderhoud en reparatie van motorrijwielen en onderdelen en toebehoren van motorrijwielen

Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen

View on CBE Public ↗ Annual accounts (NBB) ↗

Serneels Bikes

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Financials

What happened to Serneels Bikes?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions