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MOTORTEC

Active
Private limited companyfounded 2002active for 24 yearsBrusselsesteenweg 442, 3090 Overijse, BelgiumKBO/BCE: BE 0476.889.315
Summary

The computed 12-month bankruptcy probability of MOTORTEC is 2.3% (moderate). The 2024 annual accounts show equity of €27,435 and a net result of -€26,038. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 61% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of bicycles
NACE 47632
1 site
Size
€60,628total assets 2024
Equity
€27,435
Loss
-€26,038
Turnover not published (micro format)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Structure
2025 accounts not filed, 88 days past the deadline1 of 2 deeds summarised
Why 52raises risk1 financial year not filed after the legal deadline; last filed accounts filed 110 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 20-11-2025)Loss of €26,038 (financial year 2024)lowers riskFounded in 2002Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency 70-20
equity 45.3% of total assets
Liquidity 43-15
short-term debt 54.7% · cash 16.7%
Profitability 0-60
return on assets -42.9%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,246 companies, NACE 47, micro)
Last 24 months 11-2024: 1.1% 12-2024: 0.7%▼ -0.4 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025lowest value 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.3%▲ +0.3 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.6%▲ +0.3 percentage points vs 11-2025 01-2026: 1.5%▼ -0.1 percentage points vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.4%▼ -0.1 percentage points vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.9%● unchanged vs 08-2026 10-2026: 2.3%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.81, compared with 2.79 in 2023, above the usual 1.5; short-term debt: 54.7% and cash: 16.7% of total assets), but 54.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 60% on solvency, 41% on liquidity, 6% on profitability and 11% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 110 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 20-11-2025)
NBB · annual accounts
raises risk · Loss of €26,038 (financial year 2024)
NBB · annual accounts
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, 88 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 110 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
110 days late
2023
96 days late
2022
31 days late
2021
99 days late
2020
31 days late
2017
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 66 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€26,038
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Among the weakest 9% on net resultsector median €4,563 · 25,543 companies -€26,038 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2024
Total assets
€60,628
Loss
-€26,038
Solvency
45.3%
Total assets▼ 26.9%
Net result
20202024
Go to Financials

Timeline

Events
24
Since
2003
  1. 07-05-2024Resignations: Joos BERT (niet statutaire zaakvoerder) and…
  2. 31-08-2023Annual accounts filed
  3. 07-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of bicyclesNACE 47632
Founded
21-02-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
26
Purpose
“Import,export en handel in en reparatie van motorrijwielen,import,export en groothandel in…” (deed in Dutch)
Go to Articles of association

Key facts about MOTORTEC

What is the company number of MOTORTEC?
0476.889.315. In Belgium the VAT number is the company number with BE in front: BE 0476.889.315.
Where is MOTORTEC based?
The registered office is at Brusselsesteenweg 442, 3090 Overijse.Company details
What does MOTORTEC do?
According to the KBO register, the main activity is retail sale of bicycles (NACE 47632).
What is the legal form of MOTORTEC?
Private limited company (BV).
When was MOTORTEC founded?
On 21-02-2002.
Is MOTORTEC still active?
Yes, MOTORTEC is an active enterprise in the KBO register.
What is the turnover of MOTORTEC?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MOTORTEC profitable?
In financial year 2024, MOTORTEC made a loss of €26,038.
Where can I find the annual accounts of MOTORTEC?
MOTORTEC filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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