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CYCLES IMP

Active
Public limited companyfounded 199135 yrs activeTramstraat 63, 9052 Gent, BelgiumKBO/BCE: BE 0444.947.017
Summary

CYCLES IMP has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €382,926 and a net result of €212,177. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 72% of 254 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
CYCLES IMPActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of bicycles
NACE 47632NACE 47785NACE 52492
11 sites
Size
€1.3mturnover 2026
Staff
12.9 FTE
Equity
€382,926
Profit
€212,177
Financial health
93 Excellent Checked score 2026
Bankruptcy chance 12 m
0.2%
Structure
Parent
Bike Republic · 100%
Board
5 members
Auditor: Emst & Young BedrijfsrevisorenAccounts 30 d early3 of 6 deeds read
Why 93- Sector Retail trade (NACE 47)+ Founded in 1991+ Liquidity: current ratio 1.10, cash €133,093+ Equity €382,926 (56.3% of total assets)Show the evidence

Checked score

Score 2026
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 74% of its sector peers (NACE 47, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2025
Strong
Solvency 81-19
equity 56.3% of total assets
Liquidity 53-7
short-term debt 43.7% · cash 19.6%
Profitability 99+12
return on assets 31.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,688 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.8%▲ +3.2% vs 11-2024highest value 01-2025: 0.8%● 0.0% vs 12-2024highest value 02-2025: 0.8%● 0.0% vs 01-2025highest value 03-2025: 0.4%▼ -52.9% vs 02-2025 04-2025: 0.3%▼ -5.5% vs 03-2025 05-2025: 0.3%● 0.0% vs 04-2025 06-2025: 0.3%● 0.0% vs 05-2025 07-2025: 0.3%▲ +2.0% vs 06-2025 08-2025: 0.3%▼ -0.6% vs 07-2025 09-2025: 0.3%▼ -5.7% vs 08-2025 10-2025: 0.5%▲ +46.3% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%● 0.0% vs 01-2026 03-2026: 0.3%▼ -40.6% vs 02-2026 04-2026: 0.3%▲ +21.8% vs 03-2026 05-2026: 0.3%● 0.0% vs 04-2026 06-2026: 0.3%● 0.0% vs 05-2026 07-2026: 0.3%▼ -3.5% vs 06-2026 08-2026: 0.3%● 0.0% vs 07-2026 09-2026: 0.3%▼ -11.3% vs 08-2026 10-2026: 0.2%▼ -47.5% vs 09-2026lowest value
  • Founded in 1991 lowers the probability for this profile
  • Liquidity: current ratio 1.10, cash €133,093 lowers the probability
  • Equity €382,926 (56.3% of total assets) lowers the probability
  • Sector Retail trade (NACE 47) raises the probability
Credit up to €35,000 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 2.07 in 2025; short-term debt: 43.7% and cash: 19.6% of total assets), and 43.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, small). Better than this share of them on solvency 78%, liquidity 71%, profitability 97%, growth against the median 52%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1991
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 1.10, cash €133,093
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €382,926 (56.3% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 01-10-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
30 d early
2025
265 d late
2024
45 d early
2023
35 d early
2021
19 d early
2020
5 d early
2019
54 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 29 September (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · full…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Capital & shares · Statutes amendment…Resignations: COLRUYT Jozef, GOETHAERT Stefan…

Key points

  • Positive: Result rose in 2026from €86,868 to €212,177 ▲ 144% View
  • Board changedlatest change 16-07-2026 · 5 in office 5 joined · 2 left View
  • Controlled by Bike Republicknown shareholders 100% 100% View

By topic

Financials

Fiscal year
2026
Turnover
€1.3m
Profit
€212,177
Solvency
56.3%
Turnover▲ 32.0%
Net result
20242026
Go to Financials

Board & ownership

Board
5 members
Parent
Bike Republic · 100%
Known shareholders
100%
Auditor
Emst & Young Bedrijfsrevisoren
Go to Board & ownership

Timeline

Events
18
Since
2017
Next accounts
by 31-10-2027
  1. 01-10-2026Annual accounts filed
  2. 23-07-2026Annual accounts filed
  3. 16-07-2026Capital & shares · Statutes amendment ·…
Go to Timeline

Company details

Sites
11
Legal form
Public limited company
Activity
Retail sale of bicyclesNACE 47632
Founded
26-08-1991
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Who signs
Two directors jointly
Annual meeting
Second Wednesday of September at 10:30
Purpose
Het stellen van alle verrichtingen van welke aard ook,hetzij…
Go to Articles of association

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