VéloLoft
Open bankruptcyA bankruptcy procedure is open for VéloLoft according to publications in the Belgian State Gazette; curator: MIEKE VERPLANCKE.
Summary
The 2020 annual accounts show equity of €674k and a net result of €-24k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 11-06-2021, 42 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 · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
42 d late
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Equity
€674k▼ 3.5%
2019 · €698k
2018: €634k
2019: €698k
2018 → 2020
Total assets
€1.08M▲ 1.2%
2019 · €1.07M
2018: €996k
2019: €1.07M
2018 → 2020
Net result
€-24k
2019 · €64k
2018: €-229k
2019: €64k
2018 → 2020
Working capital
€560k▲ 11.2%
2019 · €503k
2018: €376k
2019: €503k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€634k-€698k▲ 10.1%€674k▼ 3.5%
Operating result€-265k-€58k€-27k
Net result€-229k-€64k€-24k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €27k after €58k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.08M
Fixed assets
€114k ▼ 41.5%
Current assets
€969k ▲ 10.7%
Equity and liabilities €1.08M
Equity
€674k ▼ 3.5%
Debt
€409k ▲ 10.0%
Debt's share of the balance-sheet total rises from 34.7% to 37.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€56k▼
2019 · €144k
Cash flow
€59k▼
2019 · €150k
Current ratio
2.37▲
2019 · 2.35
Quick ratio
0.60▼
2019 · 0.68
ROE
-3.6%▼
2019 · 9.2%
ROA
-2.2%▼
2019 · 6.0%
Debt ≤ 1 year
€409k▲
2019 · €372k
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 · 2020 against 2019 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€1.07M€1.08M▲
Fixed assets21/28€195k€114k▼
Intangible fixed assets21€625€0▼
Tangible fixed assets22/27€194k€114k▼
Current assets29/58€875k€969k▲
Stocks and contracts in progress3€624k€722k▲
Amounts receivable within one year40/41€152k€187k▲
Cash at bank and in hand54/58€95k€56k▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.08M▲
Equity10/15€698k€674k▼
Contributions10/11€1.08M€1.08M=
Profit (loss) carried forward14€-377k€-401k▼
Amounts payable17/49€372k€409k▲
Amounts payable after more than one year17€0-
Amounts payable within one year42/48€372k€409k▲
Trade debts44€121k€111k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€83k▼
Gross operating margin9900€286k€192k▼
Operating profit (loss)9901€58k€-27k▼
Recurring financial income75€20k€17k▼
Recurring financial charges65€14k€14k▼
Profit (loss) for the period before taxes9903€64k€-24k▼
Income taxes67/77€0-
Profit (loss) for the period9904€64k€-24k▼
Profit (loss) for the period to be appropriated9905€64k€-24k▼
Timeline · acts, filings and financial milestones
2022
04-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · VELOLOFT NV BEGONIA- STRAAT 6C, 9810 NAZARETH · event 29-03-2022
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 42 days late
2020
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 13 days late
2019
30-09
Financial
Back to profitnet €64k
Net result €64k after one loss-making year.
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
18-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
21-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Nazareth-De Pinte · 1 establishment unit since 2012
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.
Begoniastraat 6C9810 Nazareth-De PinteGround area
3,650 m²
Building footprint
1,880 m²
Volume, LiDAR
12,471 m³
Parcel 44018A0062/00K000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BMC Bicycle Manufacturing Company Belgium
since 20122.208.088.402
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44018A0062/00K000 | Flanders | 3,650 m² | 1 · 1,879 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MIEKE VERPLANCKE ZUIDSTATIONSTRAAT 34-36,
9000 GENT |
29-03-2022 → present |
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GALERIES DU CYCLE
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Of 1,467 companies in sector 47632 we hold annual accounts for 733. 538 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 formPublic limited company
Founded09-02-2012
Fiscal year end30-09
Activities, NACEBEL 2025
47632Retail sale of bicycles
46424Wholesale trade
46495Wholesale trade
47120Other non-specialised retail sale
47715Retail trade
93199Other sports activities
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:verbrugghe.rik@icloud.com