ACTIVE

TOP CYCLE (SRL)

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Financial year 2025 · closed on 31/12/2025

Net result

278,1 €

+100.5% YoY

Gross margin

67,4 k €

+233.5% YoY

Equity

60,1 k €

+0.5% YoY

What does TOP CYCLE do?

TOP CYCLE is a Private limited company incorporated in 1997. Its main activity is: Sale, maintenance and repair of motorcycles and related parts and accessories. Its registered office is in Gembloux.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.482.646

Incorporation

22/09/1997

Legal form

Private limited company

Registered office

Chaussée de Nivelles, Mazy 3 box D
5032 Gembloux · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

45402Sale, maintenance and repair of motorcycles and related parts and accessories· main 47830Retail sale via stalls and markets 50400Inland freight water transport 45113Sale of cars and light motor vehicles 45201Maintenance and repair of motor vehicles 47811Retail sale via stalls and markets of food, beverages and tobacco products+3

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	67,4 k €	+233%	20,2 k €	-63.5%	55,3 k €	+696%	6,9 k €	-96.3%	188,3 k €	+31.7%	143 k €	+61.3%	88,7 k €	+88.8%	47 k €	+132%	20,3 k €	+7.8%	18,8 k €	+9.5%	17,2 k €	+36.8%	12,5 k €	-64.1%	34,9 k €	+497%	5,8 k €	-30.9%	8,5 k €	-45.4%	15,5 k €	+73.1%	9 k €	-21.4%	11,4 k €	-26.0%	15,4 k €	-29.1%	21,7 k €
EBITDA	61,3 k €	+613%	8,6 k €	-81.6%	46,7 k €	+1328%	-3,8 k €	-102%	168,1 k €	+20.4%	139,6 k €	+288%	36 k €	+9.8%	32,8 k €	+71.1%	19,1 k €	+5.4%	18,2 k €	+13.6%	16 k €	+37.8%	11,6 k €	-65.4%	33,5 k €	+515%	5,5 k €	-25.6%	7,3 k €	-49.8%	14,6 k €	+78.1%	8,2 k €	-23.1%	10,7 k €	-27.9%	14,8 k €	+13.3%	13 k €
Operating result	12 k €	+129%	-41,3 k €	-582%	-6,1 k €	+90.5%	-64 k €	-156%	114,5 k €	+12.1%	102,2 k €	+5299%	-2 k €	-110%	20,2 k €	+214%	6,4 k €	+99.8%	3,2 k €	-18.6%	3,9 k €	+503%	655 €	-97.6%	26,8 k €	+5392%	487,6 €	-67.8%	1,5 k €	-58.9%	3,7 k €	+179%	1,3 k €	-65.3%	3,8 k €	-50.3%	7,7 k €	+48.3%	5,2 k €
Net result	278,1 €	+100%	-56,2 k €	-136%	-23,8 k €	+68.4%	-75,2 k €	-184%	89,1 k €	+18.1%	75,4 k €	+3606%	-2,2 k €	-116%	13,7 k €	+152%	5,5 k €	+138%	2,3 k €	-18.5%	2,8 k €	+61.7%	1,7 k €	-93.1%	25,1 k €	+1482%	1,6 k €	-28.9%	2,2 k €	+16.4%	1,9 k €	+29.5%	1,5 k €	-41.3%	2,5 k €	-65.4%	7,3 k €	+18.2%	6,2 k €
Balance sheet
Equity	60,1 k €	+0.5%	59,8 k €	-48.4%	116,1 k €	-17.0%	139,8 k €	-35.0%	215 k €	+70.7%	125,9 k €	+149%	50,5 k €	-4.1%	52,7 k €	+35.3%	38,9 k €	+16.3%	33,5 k €	+7.4%	31,2 k €	+9.9%	28,4 k €	+6.5%	26,6 k €	+131%	11,5 k €	+16.0%	9,9 k €	+29.1%	7,7 k €	+33.3%	5,8 k €	+34.6%	4,3 k €	+144%	1,8 k €	+132%	-5,5 k €
Total assets	608,3 k €	-7.5%	657,7 k €	-18.3%	804,7 k €	-16.2%	959,8 k €	+2.0%	940,5 k €	+21.6%	773,4 k €	+13.3%	682,5 k €	+202%	225,7 k €	+13.7%	198,5 k €	+1.3%	196 k €	-18.5%	240,6 k €	+27.5%	188,8 k €	+3.8%	181,8 k €	+6.2%	171,2 k €	-11.3%	193,1 k €	+10.0%	175,6 k €	+6.4%	165 k €	+9.9%	150,2 k €	-6.7%	161 k €	+0.2%	160,7 k €
Cash	4,9 k €	+22.9%	4 k €	-94.1%	68,7 k €	+43.1%	48 k €	-16.2%	57,3 k €	-28.2%	79,8 k €	+19.5%	66,8 k €	+181%	23,7 k €	-12.1%	27 k €	+273%	7,2 k €	-84.9%	48 k €	+357%	10,5 k €	-34.2%	16 k €	-8.2%	17,4 k €	-56.6%	40,1 k €	+240%	11,8 k €	-55.5%	26,5 k €	+70.6%	15,5 k €	+137%	6,6 k €	-39.9%	10,9 k €
Debts	546,8 k €	-8.5%	597,9 k €	-13.2%	688,6 k €	-16.0%	819,9 k €	+13.0%	725,5 k €	+12.1%	647,4 k €	+2.4%	632 k €	+265%	173 k €	+8.4%	159,6 k €	-1.8%	162,6 k €	-22.4%	209,4 k €	+30.6%	160,4 k €	+3.4%	155,2 k €	-2.8%	159,7 k €	-12.8%	183,2 k €	+9.1%	167,9 k €	+5.5%	159,2 k €	+9.1%	145,9 k €	-8.4%	159,2 k €	-4.2%	166,3 k €
Other
Workforce	–		–		–		0,2 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

Julien KAISE

Director · since 20 décembre 2019

Active

Daniel KAISE

Director

Active

Ended mandates

Daniel Kaise

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/06/2026	30/06/2025	13/06/2024	07/07/2023	22/06/2022	23/06/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	16/06/2026	French	PDF
Abridged model	31/12/2024	10/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	11/06/2024	13/06/2024	French	PDF
Abridged model	31/12/2022	13/06/2023	07/07/2023	French	PDF
Micro model	31/12/2021	14/06/2022	22/06/2022	French	PDF
Micro model	31/12/2020	08/06/2021	23/06/2021	French	PDF
Micro model	31/12/2019	09/06/2020	28/08/2020	French	PDF
Micro model	31/12/2018	11/06/2019	16/08/2019	French	PDF
Micro model	31/12/2017	12/06/2018	20/08/2018	French	PDF
Micro model	31/12/2016	13/06/2017	11/08/2017	French	PDF
Abridged model	31/12/2015	14/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	19/08/2015	French	PDF
Abridged model	31/12/2013	24/12/2014	30/12/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	25/09/2013	French	PDF
Abridged model	31/12/2011	26/06/2012	16/08/2012	French	PDF
Abridged model	31/12/2010	26/06/2011	08/08/2011	French	PDF
Abridged model	31/12/2009	26/06/2010	29/07/2010	French	PDF
Abridged model	31/12/2008	20/06/2009	14/08/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	19/08/2008	French	PDF
Abridged model	31/12/2006	22/06/2007	23/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

Julien KAISE

Director · since 20 décembre 2019

Active

Daniel KAISE

Director

Active

Ended mandates

Daniel Kaise

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/12/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025278,1 €↑
2024
Annual accounts 2024-56,2 k €↓
2023
Annual accounts 2023-23,8 k €↑
2022
Annual accounts 2022-75,2 k €↓
2021
Annual accounts 202189,1 k €↑
2020
Annual accounts 202075,4 k €↑
2019
Annual accounts 2019-2,2 k €↓
2018
Annual accounts 201813,7 k €↑
2017
Annual accounts 20175,5 k €↑
2016
Annual accounts 20162,3 k €↓
2015
Annual accounts 20152,8 k €↑
2014
Annual accounts 20141,7 k €↓
2013
Annual accounts 201325,1 k €↑
2012
Annual accounts 20121,6 k €↓
2011
Annual accounts 20112,2 k €↑
2010
Annual accounts 20101,9 k €↑
2009
Annual accounts 20091,5 k €↓
2008
Annual accounts 20082,5 k €↓
2007
Annual accounts 20077,3 k €↑
2006
Annual accounts 20066,2 k €
22/09/1997
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TOP CYCLE (SRL)

Overview

What does TOP CYCLE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline