ACTIVE

Cycling Vlaanderen

Financial year 2025 · Closed on 31/12/2025

Net result104,3 k €+338,7 %over 1 year
Gross margin3 M €+4,0 %over 1 year
Equity1,4 M €+7,9 %over 1 year
Workforce22,5 ETP-6,3 %over 1 year

Identity

Source · BCE/KBO

Cycling Vlaanderen is a Non-profit organization incorporated in 2001. Its main activity is: Advertising agencies. Its registered office is in Gent. It employs on average 22,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.792.918
Incorporation
03/07/2001
Legal form
Non-profit organization
Registered office
Strandlaan 3
9000 Gent · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
22,5 ETP
Joint committees (2)
  • 329
  • 32901
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 8 financial years

20252024202320222019
Income statement
Gross margin3 M €2,9 M €3,1 M €2,5 M €2,1 M €
EBITDA396,9 k €351,8 k €403,1 k €196,6 k €33,2 k €
Operating result-4,5 k €-68,6 k €32,3 k €-135,9 k €-183,2 k €
Net result104,3 k €-43,7 k €72,4 k €-129,8 k €-65,6 k €
Balance sheet
Equity1,4 M €1,3 M €1,4 M €1,3 M €1,6 M €
Total assets4,3 M €4,6 M €4,6 M €4,1 M €4,3 M €
Cash517,5 k €722,1 k €1,5 M €1,6 M €1,7 M €
Debts2,9 M €3,2 M €3,2 M €2,5 M €2,4 M €
Other
Workforce22,5 ETP24,0 ETP22,7 ETP23,9 ETP20,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 39 ended

Active mandates

Marc Van Den Eynde

Director · since 12 avril 2024 · until 11 avril 2027

Active
André Vanlint

Director · since 29 mars 2023 · until 05 janvier 2025

Active
Bart Dewael

Director · since 29 mars 2023 · until 29 mars 2027

Active
Benny Willems

Director · since 29 mars 2023 · until 29 mars 2027

Active
Bjorn Leenkneght

Director · since 29 mars 2023 · until 29 mars 2027

Active
Eric Vanrobaeys

Director · since 29 mars 2023 · until 29 mars 2027

Active
Griet Langedock

Director · since 29 mars 2023 · until 29 mars 2027

Active
Hugo Serin

Director · since 29 mars 2023 · until 29 mars 2027

Active
Koen Bredael

Director · since 29 mars 2023 · until 29 mars 2027

Active
Patsy Maegerman

Director · since 29 mars 2023 · until 29 mars 2027

Active
Stefaan Lauwaert

Director · since 29 mars 2023 · until 29 mars 2027

Active
Tom Van den Haute

Director · since 29 mars 2023 · until 29 mars 2027

Active
Alexander Onclin

Director · since 31 mars 2022 · until 31 mars 2026

Active
Geert Barbry

Chairman of the board of directors · since 03 septembre 2020 · until 29 mars 2027

Active
Carina Van Cauter

Director · since 28 mars 2019 · until 29 mars 2027

Active
Frédéric Busschaert

Director · since 28 mars 2019 · until 29 mars 2027

Active
VLAAMSE WIELERSCHOOL

Director · since 01 mars 2018 · until 29 mars 2027 · 0430.883.205

Represented by Marc Wauters

Active

Ended mandates

André Vanlint

Director · since 29 mars 2023 · until 29 mars 2027

Ended
Jos Smets

Director · since 01 juillet 2021

Ended
Luc Geysen

Director · since 22 mars 2021 · until 31 mars 2022

Ended
Geert Barbry

Director · since 03 septembre 2020 · until 31 mars 2026

Ended

Other companies at this address

Strandlaan 3 9000 Gent
CompanyCBE no.
0867.419.134

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202608/04/202517/04/202408/05/202320/06/202223/03/2021
General meeting30/03/202601/04/202512/04/202429/03/202302/06/202222/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/03/202631/03/2026DutchPDF
Abridged model31/12/202401/04/202508/04/2025DutchPDF
Abridged model31/12/202312/04/202417/04/2024DutchPDF
Abridged model31/12/202229/03/202308/05/2023DutchPDF
Abridged model31/12/202102/06/202220/06/2022DutchPDF
Abridged model31/12/202022/03/202123/03/2021DutchPDF
Abridged model31/12/201903/09/202004/09/2020DutchPDF
Abridged model31/12/201828/03/201904/04/2019DutchPDF
Abridged model31/12/201715/03/201822/03/2018DutchPDF
Abridged modelCorrection31/12/201601/04/201701/08/2017DutchPDF
Abridged model31/12/201601/04/201703/04/2017DutchPDF
Abridged model31/12/201519/03/201611/04/2016DutchPDF
Abridged model31/12/201414/03/201520/03/2015DutchPDF
Abridged model31/12/201315/03/201420/03/2014DutchPDF
Abridged model31/12/201216/03/201303/06/2013DutchPDF
Abridged model31/12/201119/03/201203/05/2012DutchPDF
Abridged model31/12/201019/03/201119/05/2011DutchPDF
Abridged model31/12/200913/03/201030/04/2010DutchPDF
Abridged model31/12/200814/03/200918/06/2009DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 39 ended

Active mandates

Marc Van Den Eynde

Director · since 12 avril 2024 · until 11 avril 2027

Active
André Vanlint

Director · since 29 mars 2023 · until 05 janvier 2025

Active
Bart Dewael

Director · since 29 mars 2023 · until 29 mars 2027

Active
Benny Willems

Director · since 29 mars 2023 · until 29 mars 2027

Active
Bjorn Leenkneght

Director · since 29 mars 2023 · until 29 mars 2027

Active
Eric Vanrobaeys

Director · since 29 mars 2023 · until 29 mars 2027

Active
Griet Langedock

Director · since 29 mars 2023 · until 29 mars 2027

Active
Hugo Serin

Director · since 29 mars 2023 · until 29 mars 2027

Active
Koen Bredael

Director · since 29 mars 2023 · until 29 mars 2027

Active
Patsy Maegerman

Director · since 29 mars 2023 · until 29 mars 2027

Active
Stefaan Lauwaert

Director · since 29 mars 2023 · until 29 mars 2027

Active
Tom Van den Haute

Director · since 29 mars 2023 · until 29 mars 2027

Active
Alexander Onclin

Director · since 31 mars 2022 · until 31 mars 2026

Active
Geert Barbry

Chairman of the board of directors · since 03 septembre 2020 · until 29 mars 2027

Active
Carina Van Cauter

Director · since 28 mars 2019 · until 29 mars 2027

Active
Frédéric Busschaert

Director · since 28 mars 2019 · until 29 mars 2027

Active
VLAAMSE WIELERSCHOOL

Director · since 01 mars 2018 · until 29 mars 2027 · 0430.883.205

Represented by Marc Wauters

Active

Ended mandates

André Vanlint

Director · since 29 mars 2023 · until 29 mars 2027

Ended
Jos Smets

Director · since 01 juillet 2021

Ended
Luc Geysen

Director · since 22 mars 2021 · until 31 mars 2022

Ended
Geert Barbry

Director · since 03 septembre 2020 · until 31 mars 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2021
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/10/2019
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares30/07/2019
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025104,3 k €↑
  2. 2024
    Annual accounts 2024-43,7 k €↓
  3. 2023
    Annual accounts 202372,4 k €↑
  4. 2022
    Annual accounts 2022-129,8 k €↓
  5. 2019
    Annual accounts 2019-65,6 k €↑
  6. 2014
    Annual accounts 2014-78,1 k €↓
  7. 2013
    Annual accounts 2013-72,7 k €↓
  8. 2012
    Annual accounts 20128,7 k €
  9. 03/07/2001
    IncorporationNon-profit organization