Billy 1A

Equity
Transforming the way Brusseleirs get around
€173,100
total amount raised
  • Backed by over 460 investors
  • Benefits from the Tax Shelter advantage
This campaign has been closed
This campaign has ended. If you have any more questions or remarks, do not hesitate to contact us via info@spreds.com.

Luca D

Hello Team,

Really happy to see that there is a crowdfunding for a micromobility company. I truly believe that shared mobility is the future and I love E-bikes!

I would like to make an investment but first I would like to take a look at your business plan and financials.

Looking forward to your reply.
Thanks
Luca

Pierre D Entrepreneur

Hi Luca, thanks a lot for your message. It's great to read you share our enthusiasm!
Can you shoot me a quick email at pierre@billy.bike?
Have a nice morning,
Pierre

Tom E

Beste, ik zie bovenaan in de titel het logo 'tax shelter' staan, en in de meeste tabs van het project bevat ook de rechterkolom een blokje 'tax shelter'. Toch lees ik hieronder dat investeringen niet in aanmerkingen komen voor tax shelter. Zou u om verwarring te voorkomen daarom beide vermeldingen van de 'tax shelter' willen verwijderen aub?
Thx
TE

Spreds

Beste,

Ter verduidelijking: toekomstige investeringen zullen niet in aanmerking komen voor de fiscale tax shelter voordelen aangezien Billy Bike het maximale tax shelter bedrag van 250 000 EUR reeds heeft opgebruikt.
Aarzel zeker niet als nog contact op te nemen met ons indien u verder nog vragen heeft.

Met vriendelijke groet,
Het Spreds Team

Ellie W

Hi Billy-team, hope you're well. Three questions:

- Could you give me an idea of some examples of what is envisaged by "expenses relating to underlying assets"? (Page 7 on Terms of Reference).
- Could you advise how it would be possible to follow the progress of any potential investment?
- Could you advise if there is a mandatory minimum period for the issuer to hold the notes before being able to sell?

Thanks very much.

Sébastien G

Hey Billy-team,

Allereerst een proficiat met jullie idee/ business. Ik hoop voor jullie dat dit blijft groeien tot een wereldwijd succes.

Ik ben uiterst geïnteresseerd in deze investment opportunity.
Echter, zou ik graag een dieper inzicht krijgen in jullie financials (P&L en BS) tot nu toe, alsook het business plan.

Zou het eventueel mogelijk zijn om wat informatie te delen hieromtrent?
email: sebastien dot y dot guille at gmail dot com

Alvast bedankt.

Pierre D Entrepreneur

Hi Sébastien , ik stuur je straks een email met deze info!

Ahmed A

Do you plan to always procure and operate electric bikes? Is this necessary in cities with flat landscape?

What is your motivation to have the maintenance/battery replacement operations outsourced? is it cheaper? Why don't you have Billy's own operations take care of this?

Pierre D Entrepreneur

Hi Ahmed,
At the moment we plan to focus on e-bikes, as it's a technology that is in growing demand, both from users and municipalities. Even in a flat city, it allows to cover bigger distances, or it allows for non-fit people to bike.

We do maintenance and battery swapping internally. Ca you indicate where you read the opposite? This is very important to us, as it allows us to guarantee maximum quality of our service (safety and reliability) and also optimal working conditions for our staff.

Ahmed A

Thank you for your kind response.
I assumed that "cargo bikes" - below - is referring to a team that is external to Billy.

Operations: Billy charges its bikes by replacing empty batteries with charged ones. This is done with the help of ((((cargo bikes)))) that carry the batteries and cleaning equipment.

Ahmed A

Dears,

How was your financial performance since you started operations?

Pierre D Entrepreneur

Hi Ahmed, it's been growing very strongly. We started with a beta phase with 150 bike and 500 testers in 2018. One year ago we opened up the service to the public, still with 150 bikes. And in September last year we expanded the fleet to 600 bikes. Every time, the revenues increased strongly. And this year, even more. On this date, we've already surpassed the total turn over of 2019! If you give me your email, I can share some numbers with you.

Ahmed A

Great job Billy team.

How are you tracking your fleet? As per my understanding, customers can park the bikes in designated public places, i.e. you don't own docks for parking. Have you experienced any thefts? How many?

Pierre D Entrepreneur

Hi Ahmed! We have developed our own on board tracking techniology. It allows us to know everything about the bike. Where it is, if it's flat on the ground, if it's being vandalised or stolen for instance. We have also developed the bike from scratch. This allowed us to create a bike that is theft and vandalism proof. We have a theft rate of less than 2% annually. That's less than one bike stolen per month. So we can say this challenge has been pretty much neutralised ;-)

François C

Bonjour Pierre et la team Billy !
Je suis également intéressé par un business plan un peu plus précis que celui disponible dans l'onglet "financials".
Je souhaiterais notamment vous poser quelques questions, devrions nous échanger par email ? -> fra.cooremans@gmail.com
Je peux aussi les poser ici si c'est plus utile.

Bravo pour le bon boulot jusqu'ici, vous aurez au minimum mon argent en tant qu'utilisateur :)

Cordialement,
François

Marc H

Wat bedoeld u met "Het beschikbaar Tax Shelter investeringsbedrag werd volledig opgebruikt. Investeringen zullen niet langer kunnen genieten van het Startup Tax Shelter voordeel."
Dus toch geen 45% belasting vermindering"?

Spreds

Beste, Ter verduidelijking: toekomstige investeringen zullen niet in aanmerking komen voor de fiscale tax shelter voordelen aangezien Billy Bike het maximale tax shelter bedrag van 250 000 EUR reeds heeft opgebruikt.

Aarzel zeker niet als nog contact op te nemen met ons indien u verder nog vragen heeft.

Met vriendelijke groet,
Louise Mertens

Wim V

boeiende vraag, ben zelf ook wel benieuwd naar het antwoord

Jean-Louis P

Zelf van mijn kant. Mvg.

Louise M

Beste,

Ter verduidelijking: toekomstige investeringen zullen niet in aanmerking komen voor de fiscale tax shelter voordelen aangezien Billy Bike het maximale tax shelter bedrag van 250 000 EUR reeds heeft opgebruikt.

Aarzel zeker niet nogmaals contact op te nemen met ons indien u verder nog vragen heeft.

Met vriendelijke groet,
Louise Mertens

Brecht C

Nu staat er "Gelieve te noteren dat het beschikbaar Tax Shelter investeringsbedrag € 29 bedraagt." Graag meer uitleg hierover, aub?

Louise M

Beste,

Ter verduidelijking: toekomstige investeringen zullen niet in aanmerking komen voor de fiscale tax shelter voordelen aangezien Billy Bike het maximale tax shelter bedrag van 250 000 EUR reeds heeft opgebruikt.

Aarzel zeker niet nogmaals contact op te nemen met ons indien u verder nog vragen heeft.

Met vriendelijke groet,
Louise Mertens

Marc H

Beste, we wachten nog steeds op antwoorden!

Louise M

Beste,

Ter verduidelijking: toekomstige investeringen zullen niet in aanmerking komen voor de fiscale tax shelter voordelen aangezien Billy Bike het maximale tax shelter bedrag van 250 000 EUR reeds heeft opgebruikt.

Aarzel zeker niet nogmaals contact op te nemen met ons indien u verder nog vragen heeft.

Met vriendelijke groet,
Louise Mertens

Patrick D

Dit is echt niet duidelijk genoeg. Ik ging bijna investeren met het gedacht dat ik van de tax shelter kan genieten. Gelukkig heb ik toevallig de kleine kader rechts gezien en heb ik de investering dus laten vallen. Ik durf te wedden dat jullie support een aantal vragen gaat krijgen van users die het gemist hebben.

Jean-Louis P

Bonjour,
Pourriez-vous m'envoyer votre Business plan et si existe votre rapportage narratif et financier de l'année écoulée? -> JLPONT64@YAHOO.FR
Aussi, quel est votre estimation de l'impact de la crise actuelle, d'abord sanitaire puis économique, sur vos prévisions d'activité?
D'avance merci pour votre réponse.
Jean-Louis P.

Pierre D Entrepreneur

Bonjour Jean-Louis, nous vus envoyons plus de chiffres par email. Vous trouoverez nos projections dans l'onglet "Finances" de cette page.
Entre mars et avril, notre chiffre d'affaire a triplé. le déconfinement ne vient que renforcer cette crissance! Nous battons en ce moment chaque jours de nouveaux records d'utilisation!

Jeremie P

Bonjour Pierre,

Pourrais-je recevoir les mêmes informations à l'adresse suivante: jeremiep@live.fr ?

Merci d'avance,

Jeremie P.

Jonas H

Not clear regarding tax shelter. Eligible or not? There's a text box that says you get tax shelter benefits, then adds:
"The available budget for Tax Shelter investments has been fully utilised. Investments will not be eligible for the tax shelter advantage."

What is this available budget?
Thanks
Jonas

Spreds

Hi Joans and Brecht,

Regarding your questions: Future investments are NOT eligible for tax shelter as the maximum tax shelter amount which Billy Bike can offer as a tax shelter investment (250 000 EUR) has been completed.

Do not hesitate to contact us if there are other questions.

Best Regards,
Louise Mertens

Brecht C

Same question here.

Louise M

Hi Joans and Brecht,

Regarding your questions: Future investments are NOT eligible for tax shelter as the maximum tax shelter amount which Billy Bike can offer as a tax shelter investment (250 000 EUR) has been completed.

Do not hesitate to contact us if there are other questions.

Best Regards,
Louise Mertens

Zakaria E

Dear Billy Team,
I have multiple questions regarding your financials/market/assumptions made. Can you reach via email ?
Thank you in advance.
Best regards
Zakaria

Pierre D Entrepreneur

Hi Zakaria,
You can reach me at pierre(at)billy.bike. I'll be glad to answer your questions!
Best,
Pierre

Thiago T

Dear Billy team,
First of all, I am a shared-mobility enthusiast and believer (and a happy Billy user) and I want to congratulate you for the good job you have done so far. I am very inclined to invest in Billy to further support your growth and I would kindly ask for some more information:
- past 2 years performance: financial, number of users, number of bikes, bike utilisation rate
- with regards to the forecast, I would like to understand better the what are the assumptions supporting that the total revenue per ride increases in the first 2 years and then decreases again in 2023.
- Also on the forecast, could you please explain the assumptions that justify the increased revenue per user in 2023 (EUR 24.08) in comparison to 2020 (EUR 17.82) despite the fact that you will be entering on new markets and therefore creating new user basis.
- have you considered European funding and grants that could further support your R&D activities and expansion?
Feel free to answer here or via email (thiagojt at live dot com)
Thank you in advance,
Thiago

Pierre D Entrepreneur

Hello Thiago,
Thank you for your message!
Regarding the revenue per ride that slightly changes, it's caused by the fact that we add bikes and open new cities at different moments of the season. Revenue per ride are lower in the winter, as rides tend to be shorter.
Regarding the revenue per user, as we add more bikes to a city, we can allow a user to do more and longer rentals (bigger covered area and higher bike concentration). This thus increases the revenue per user.
We have applied for European grants for R&D, but haven't gotten any for now, as we are improving an existing technology, instead of inventing a new tech.
I'll send you an email with some more detailed numbers.
best,
Pierre

Thiago T

Hi Pierre,
Thanks for the clarifications. Looking forward to receiving your email.
Best regards,
Thiago

Hans D

Beste,

Is de tax shelter ook van toepassing als ik investeer via een vennootschap?

Dank,

Hans

Pierre D Entrepreneur

Dag Hans, Neen, Tax Shelter is enkel van toepassing voor personen. Dus niet voor een vennootschap.

Johann B

Hi team,
I will be glad to receive such information too.
Kind regards,
Johann
j barchechathat g mail dot com

Pierre D Entrepreneur

Hi Johann, I tried to send you the requested info, but your email seems to be wrong. Can you email me at pierre@billy.bike? Thanks!

Benjamin D

Hi team,
Thanks for a compelling story and congratulation for the journey so far! I'm very interested to invest but I feel the business performance is not detailed enough yet. Would you be able to share more information about the following:
- past 2 years financials + unit economics
- key metrics: CAC, CLTV, ARPU, Average rotation per bike...
- the average price to buy a bike, lifespan expected, assembly partner, financing partner
- could you clarify what is the "city costs"?
You can reply here or send me an email (deterssac at yahoo dot fr). Thanks!

Pierre D Entrepreneur

Hi Benjamin, great to read your enthusiasm!

City costs = costs linked to operations. (R&D, management salary, etc are not included).

A bike's lifespan is virtually endless. As long as the frame isn't too badly damaged, we just replace the parts. We do plan to keep them for 4 years though, as we are making upgrades on new models and don't want too many generations along each other, making operations more complicated. But ld bikes, will be taken apart, parts will be mounted on new bikes and the metal frame will be recycled.

Our financing partners are two impact investment funds (Trividend and SOIF de Punt), we got a loan from D'ieteren SA. But the great majority are individuals and family offices. 100% Belgian.

Our manufacturing partners are in Taiwan. Although we source parts from all over the world. Taiwan makes more expensive bikes than China, but at least we're assured of the working conditions, respect of ecological norms and of the quality of the product.

The other info you're asking for is sensitive (we wouldn't want our competition to get it), so we're not making this public. But we're glad to share it with our investors. I'll send you an email later today and we can jump on a quick call.

Best,

Pierre

Benjamin D

Thanks, Pierre for your feedback. Looking forward to receiving your detailed financials from the past year and happy to hop on a call at your convenience. Rgds. Ben

Bart V

Beste

Kan u via Spreds of via mail een gedetailleerd financieel plan ter beschikking stellen?

Vriendelijke dank.

Bart Vinck (bart dot eg dot vinck at gmail dot com)

Erwan A

Ons team zal binnenkort per e-mail contact met u opnemen.

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