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Be Cycling

Active
Non-profit associationfounded 2004active for 22 yearsEsplanade 1, 1020 Brussel, BelgiumKBO/BCE: BE 0867.723.693
Summary

Be Cycling has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €708,363 and a net result of €22,353, of which €57,127 non-recurring income. Equity has been growing by about 3.4% per year since 2018. Its solvency ranks better than 48% of 912 sector peers (NACE 93, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-10-2004 Normal situation
Registered office
211 active companies are registered at this address 12 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Football clubs NACE 93121and 1 other
Joint committee
337 Aanvullend Paritair Comité voor de non-profitsector · annual accounts 2024
Establishment unit
2.159.748.847 1480 Tubize, since 22-02-2007
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Auditor
Wim Heyndrickx

Financial position

55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2024
Turnover
€3.4m
▲ 1.3%
Surplus
€22,353
▲ 146%
Equity
€708,363
▲ 3.3%
Total assets
€2.4m
▼ 10.2%
Employees on 31-12-2024
5
  • 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 02-09-2025)Liquidity: current ratio 1.89, cash €39,518, halvedlowers riskLegal form: non-profit associationFounded in 2004Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 41% of micro companies in sports and recreation (NACE 93)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Average
Solvency 54+4
equity 29.2% of total assets
Liquidity 32-47
short-term debt 41.5% · cash 1.6%
Profitability 61+1
return on assets 0.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,268 companies, NACE 93, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025highest value 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.89 (1.92 in 2023), above the usual 1.5. Short-term debt is 41.5% and cash 1.6% of total assets. However, 70.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 50% of them on solvency, 27% on liquidity, 40% on profitability and 48% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Figures for financial year 2024 (filed on 02-09-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.89, cash €39,518, halved
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
28 days late
2023
114 days late
2022
121 days late
2021
151 days late
2020
81 days late
2019
83 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 96 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Board changedlatest change 28-07-2026 · 17 in office 1 joined · 3 left View
  • Positive: 4 years of growth in a rowturnover 2024: €3.4m 4 years View

Recent changes

  1. · Gazette deed Reappointments: Thomas VAN DAMME (voorzitter kbwb) and Ludo SMEYERS (director)Appointments: Luc FONTAINE, Andy DEPREZ and 2 others · Resignations: Jean EYLENBOSCH, Hugo TEMBUYSER and Thierry MARECHAL · Admissions: Wim Deblaere, Luc Gerards and 2 others
  2. · Gazette deed Reappointments: Jean EYLENBOSCH, Hugo TEMBUYSER and 3 othersResignation: Jean-Luc DESSY (director) · Admissions: Ludo SMEYERS, Curd ROELANDT and 2 others · Appointments: Matthias PENNINCK (financieel expert) and KPMG (statutory auditor)
  3. · Gazette deed Admissions: Ludo SMEYERS, Curd Roelandt and 2 othersAppointments: Matthias Penninck (financieel expert) and KPMG (statutory auditor) · Reappointments: Jean EYLENBOSCH, Hugo TEMBUYSER and 3 others
All 37 events

Comparable companies

These companies have the same main activity as Be Cycling: football clubs (NACE 93121). They are comparable in size and age: total assets between €1.1m and €3.6m, founded between 1986 and 2002.

CompanyTotal assetsGross margin
Be Cycling Brussel€2.4m€0.7m
NEK Couvin€3.1m€0.9m
BRASSCHAAT OPEN GOLF en COUNTRY CLUB Brasschaat€1.6m€0.9m
Triatlon Vlaanderen Willebroek€1.1m€0.8m
KRC Genk Genk€2.5m€1.1m
LE SOCCER CLUB Liège€1.1m€0.3m
OUD - HEVERLEE LEUVEN Leuven€3.6m€0.3m
Full comparison

Key facts about Be Cycling

What is the company number of Be Cycling?
The company number of Be Cycling is 0867.723.693. The VAT number is the same number with BE in front: BE 0867.723.693.
Where is Be Cycling based?
The registered office is at Esplanade 1, 1020 Brussel.Company details
What does Be Cycling do?
According to the KBO register, the main activity is football clubs (NACE 93121).
What is the legal form of Be Cycling?
The legal form of Be Cycling is Non-profit association (VZW).
When was Be Cycling founded?
Be Cycling was founded on 08-10-2004.
Is Be Cycling still active?
Yes, Be Cycling is an active enterprise in the KBO register.
How many employees does Be Cycling have?
Be Cycling had an average of 4.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does Be Cycling fall under?
In its 2024 annual accounts, Be Cycling states joint committee 337 (Aanvullend Paritair Comité voor de non-profitsector).
What is the turnover of Be Cycling?
The turnover of Be Cycling was €3.4m in financial year 2024, according to the filed annual accounts.
Is Be Cycling profitable?
In financial year 2024, Be Cycling made a profit of €22,353.
Where can I find the annual accounts of Be Cycling?
Be Cycling filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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