Minerva Cycling SA
Ouverture de faillite 19.9 FTEMinerva Cycling reported revenue of €21.4m for the 2022 financial year (annual accounts filed with the NBB on 07 Jul 2023), with 19.9 full-time equivalents.
The score of Minerva Cycling shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2022
Change 2019 → 2022: Revenue +65 % Equity +107 % Total assets +39 % Headcount (avg FTE) +184 %
Accounts of the company itself (not consolidated).
The full file covers 6 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Minerva Cycling's annual accounts
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Revenue | €21.4m | ||||
| Net result | −€1.39m | ||||
| Equity | €2.61m | ||||
| Cash | 242,755 € | ||||
| EBITDA | −271,263 € | ||||
| Total assets | €9.09m |
Filed annual accounts
- Year ended 31 Dec 2022filed on 07 Jul 2023
- Year ended 31 Dec 2021filed on 15 Jul 2022
- Year ended 31 Dec 2020filed on 04 May 2021
- Year ended 31 Dec 2019filed on 30 Jun 2020
- Year ended 31 Dec 2018filed on 28 May 2019
Minerva Cycling's financial analysis
- Solvency28.7%sector median: 45.8%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Minerva Cycling
Minerva Cycling's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0459.761.588
- VAT number
- BE0459761588
- Peppol
- Not found on Peppol as of 10 Nov 2026 · Check
- Legal form
- SA
- Incorporated
- 10 Jan 1997
- Registered office
- 8900 Ypres
- Size
- Small · 19.9 FTE
- Latest accounts
- 2022 · filed on 07 Jul 2023
- Activity
- Wholesale of equipment for sport and camping, except bicycles (NACE 46496)
Minerva Cycling (SA) has been based in Ypres since 1997, active in: wholesale of equipment for sport and camping, except bicycles. For 2022, it reports revenue of €21.4m, a net loss of €1.39m and equity of €2.61m. With 19.9 full-time equivalents, it is a small enterprise by headcount. Its solvency stands at 28.7%, below the median of its sector (45.8%).
Guide: Reading Belgian SME accounts: the five figures that count →
Companies similar to Minerva Cycling
Companies in the same business, of comparable size and area, outside its group.
- Gazelle België Manufacture of motorcycles Rumst · balance sheet €6.81m
- LUDO Manufacture of bicycles and invalid carriages Kortenberg · balance sheet €20.0m
- Bio - Racer Manufacture of other wearing apparel and accessories n.e.c. Tessenderlo-Ham · balance sheet €20.2m
- Norta Manufacture of bicycles and invalid carriages Olen · balance sheet €20.8m
- SSA Sporting Goods Wholesale of other household goods Ostend · balance sheet €31.0m
- Specialized Belgium Distribution Wholesale of other household goods Geraardsbergen · balance sheet €10.2m
- Bike Republic Retail sale of sporting equipment Ghent · balance sheet €37.8m
- Sport Bikes Wholesale of other household goods Brakel · balance sheet €12.7m
Frequently asked questions about Minerva Cycling
What is the revenue of Minerva Cycling?
According to the 2022 annual accounts filed with the NBB, the revenue of Minerva Cycling amounts to 21,382,606 €.
What is the VAT number of Minerva Cycling?
In Belgium, the VAT number is the company number prefixed with BE: BE0459761588 for Minerva Cycling, if the company is VAT-registered. Its company number (CBE) is 0459.761.588.
Where is the registered office of Minerva Cycling?
According to the CBE register, the registered office of Minerva Cycling is in 8900 Ypres.
What is the equity of Minerva Cycling?
At the close of the 2022 financial year, the equity of Minerva Cycling amounts to 2,611,431 €, a solvency of 28.7% of total assets.
How many people work at Minerva Cycling?
19.9 full-time equivalents on average according to the 2022 social balance sheet.
Who manages Minerva Cycling?
The register lists 5 active mandates at Minerva Cycling. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of Minerva Cycling
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →