BikeFlip goes for impact
At BikeFlip, we believe that success goes beyond just wheels and gears. That is why we are committed to having a positive impact on our community. We are therefore proud to announce that we are included in the Register of Social Enterprises as of November 7, 2024.
The Social Enterprise Code is based on the foundation of social entrepreneurship, namely impact first. The Code comprises 5 principles that together show what social entrepreneurship stands for. Read more about the Social Code here.
This page will highlight our ongoing social projects, because for BikeFlip, giving back is more than just a ride - it's in our DNA.
BikeFlip strives for impact
Impact over profit: every euro makes a difference 💚
At BikeFlip, our profit goes directly back into society. We have a special Impact Reserve, a pot that is completely dedicated to increasing our social and sustainable impact. So no, no profit for shareholders, but more opportunities for our employees and more bikes on the road! Half of our profit is put into this, so that we can continue to invest in impact. The rest goes to our general reserve, to keep BikeFlip running, even when the wind is against us and we have to pedal harder. See our Theory of Change here, where we substantiate our theory of change.
In addition, we closely monitor the impact we make. Are you curious about the change we have brought from 2022 to 2024? See our Impact Report 2022 - 2024 here.
Advisory Board: Our Critical Cheerleaders 📣
Behind the scenes we are supported by our Advisory Board, a group of dedicated minds who keep us sharp and advise us. They use their networks to grow BikeFlip, help us strategically move forward, and are always there to encourage us. Whether it is finding new sponsors or sharpening our goals or holding up a mirror to us – they are our support and confidante!
Together we cycle further: stakeholders on board 🚲
BikeFlip is not only there for customers and employees, but also for everyone who contributes to our mission. With periodic conversations we keep in touch with our stakeholders - from customers, involved organizations to partners and the neighborhood. All BikeFlip members are also asked at least once a year to provide us with feedback. This way we stay on course and ensure that we take everyone along in our adventure!
About money and ownership 🏛️
BikeFlip is fully owned by the founders from the very beginning; Paul and Casparis, who are committed to our mission every day. We finance our growth with our own resources, without external shareholders. Our management currently earns a minimum DGA salary and our employees are paid according to the two-wheeler collective labor agreement. Annual reports can be found here.
A workshop of opportunity
At BikeFlip it is not just about refurbishing bicycles, but also about the way we do this. Our workshop is a place where bicycles are seen as opportunities and where everyone's (undiscovered) talent counts. We take our social responsibility seriously by offering an inclusive and social workplace for cycling enthusiasts.
In this way, we give people at a distance from the labor market the opportunity to learn and integrate and we offer a diverse group of people with different backgrounds the opportunity to move on to a good (paid) job. Together with a team of approximately 35 passionate individuals, we work on our sustainable mission every day.