FIETSEN MERTENS
ActiveSummary
FIETSEN MERTENS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €514k and a net result of €5k. Its solvency ranks better than 81% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency97▼-1
Growth52
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 5.78 against 6.58 in 2024; short-term debt: 17.3% and cash: 27.3% of total assets), and 27.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.1%
Return on assets
0.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
10 d late
2024
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€514k▲ 0.9%
2024 · €509k
2024: €509k
2024 → 2025
Total assets
€713k▲ 2.1%
2024 · €698k
2024: €698k
2024 → 2025
Net result
€5k▼ 35.0%
2024 · €7k
2024: €7k
2024 → 2025
Working capital
€588k▼ 0.3%
2024 · €590k
2024: €590k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€509k-€514k▲ 0.9%
Operating result€10k-€4k▼ 56.6%
Net result€7k-€5k▼ 35.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €713k
Fixed assets
€1k ▼ 41.4%
Current assets
€712k ▲ 2.2%
Equity and liabilities €713k
Equity
€514k ▲ 0.9%
Debt
€199k ▲ 5.2%
Debt's share of the balance-sheet total rises from 27.1% to 27.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2024 · €11k
Cash flow
€6k▼
2024 · €8k
Current ratio
5.78▼
2024 · 6.58
Quick ratio
2.07▼
2024 · 2.23
Debt to equity
0.39▲
2024 · 0.37
ROE
0.9%▼
2024 · 1.4%
ROA
0.7%▼
2024 · 1.0%
Interest coverage
98.62▲
2024 · 16.87
Debt ≤ 1 year
€123k▲
2024 · €106k
Debt > 1 year
€76k▼
2024 · €83k
Income taxes
€2k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€698k€713k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€774€108▼
Current assets29/58€696k€712k▲
Stocks and contracts in progress3€460k€456k▼
Stocks30/36€460k€456k▼
Amounts receivable within one year40/41€69k€59k▼
Trade receivables40€69k€59k▼
Cash at bank and in hand54/58€166k€195k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€698k€713k▲
Equity10/15€509k€514k▲
Contributions10/11€51k€51k=
Reserves13€458k€463k▲
Distributable reserves133€458k€463k▲
Amounts payable17/49€189k€199k▲
Amounts payable after more than one year17€83k€76k▼
Trade debts175€83k€76k▼
Amounts payable within one year42/48€106k€123k▲
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Other amounts payable47/48€102k€114k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€695€989▲
Other operating charges640/8€606€751▲
Gross operating margin9900€12k€6k▼
Operating profit (loss)9901€10k€4k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€2k€55▼
Recurring financial charges65€646€55▼
Non-recurring financial charges66B€865-
Profit (loss) for the period before taxes9903€11k€7k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€7k€5k▼
Profit (loss) for the period to be appropriated9905€7k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€5k▼
Transfer to equity691/2€7k€5k▼
To other reserves6921€7k€5k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lommel · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lutlommel 1243920 LommelGround area
1,935 m²
Building footprint
407 m²
Volume, LiDAR
2,052 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fietsen Mertens
since 20132.217.781.769
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72345B1201/00E002 | Flanders | 1,242 m² | 1 · 268 m² | 7.8 m · 2 fl. |
| 72345B1355/00H003 | Flanders | 692 m² | 1 · 139 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FIETSEN CATTRYSSE
BE 0459.499.886
De Haan · Eq €515,336
MACOL
BE 0429.964.475
Hooglede · Eq €512,045
GHISLAIN CYCLES
BE 0453.624.260
Heusden-Zolder · Eq €511,322
Bike Republic
BE 0823.778.933
Gent · Eq €519,598
GEEDEBO
BE 0807.921.512
Lochristi · Eq €519,931
Of 1,467 companies in sector 47632 we hold annual accounts for 733. 567 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded20-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
47632Retail sale of bicycles
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47830Retail sale of motorcycles and motorcycle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.