ACTIVE

CAPTAINS OF CYCLING

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Financial year 2025 · Closed on 31/12/2025

Net result-206,6 k €-4 876,7 %over 1 year
Revenue17,2 M €+2,6 %over 1 year
Equity201,5 k €-47,7 %over 1 year
Workforce40,4 ETP-11,8 %over 1 year

Identity

Source · BCE/KBO

CAPTAINS OF CYCLING is a Cooperative society incorporated in 2002. Its main activity is: Activities of sports clubs. Its registered office is in Etterbeek. It employs on average 40,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.242.662
Incorporation
02/09/2002
Legal form
Cooperative society
Registered office
Rue Belliard 25-33
1040 Etterbeek · BruxellesSee on map
Contributed capital
549 595,63 €
Latest accounts
31/12/2025
Average workforce
40,4 ETP
Joint committees (5)
  • 100
  • 200
  • 218
  • 223
  • 22300
Signals
Positive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue17,2 M €16,8 M €––14,7 M €
EBITDA75,7 k €301,3 k €-24,7 k €261,2 k €81,1 k €
Operating result-2,4 k €143,2 k €-103,1 k €218,9 k €37,8 k €
Net result-206,6 k €4,3 k €-145,9 k €1,2 k €2,6 k €
Balance sheet
Equity201,5 k €385,3 k €339,3 k €468,4 k €435,9 k €
Total assets4,1 M €6,3 M €4,1 M €3,1 M €1,5 M €
Cash477,8 k €440,2 k €466,9 k €756,8 k €365,9 k €
Debts3,4 M €3,1 M €3,5 M €2,6 M €962,5 k €
Other
Workforce40,4 ETP45,8 ETP39,6 ETP36,3 ETP33,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 80 ended

Active mandates

Bénédicte Lobelle

Director

Active
Els Verhaegen

Director

Active
Filip De Koster

Director

Active
Gregory Maes

Director

Active
Jannie Haek

Director

Active
Jean-François Bourlart

Persoon belast met dagelijks bestuur

Active
Karel Van Eetvelt

Director

Active
Marc Genin

Director

Active
Marleen Mannekens

Director

Active
Olivier Alsteens

Director

Active

Ended mandates

Céline Van Gansbeke

Director · since 08 mai 2023 · until 12 mai 2025

Ended
Els Verhaegen

Director · since 08 mai 2023 · until 12 mai 2025

Ended
Filip De Koster

Director · since 08 mai 2023 · until 12 mai 2025

Ended
Gregory Maes

Director · since 08 mai 2023 · until 12 mai 2025

Ended

Other companies at this address

Rue Belliard 25-33 1040 Etterbeek
CompanyCBE no.
Groupe Loterie Nationale● Active
0777.972.266
LNL SERVICES● Active
0866.352.134
LOTERIE NATIONALE● Active
0223.967.357
NEW LOTTO SPORTS ORGANISATION● Active
0673.508.612
SCOOORE● Active
0765.505.291

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelFull modelFull 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 date31/07/202630/06/202511/06/202412/05/202303/06/202202/08/2021
General meeting11/05/202612/05/202513/05/202408/05/202309/05/202221/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202511/05/202631/07/2026DutchPDF
Full model31/12/202412/05/202530/06/2025DutchPDF
Abridged model31/12/202313/05/202411/06/2024DutchPDF
Abridged model31/12/202208/05/202312/05/2023DutchPDF
Full model31/12/202109/05/202203/06/2022DutchPDF
Full model31/12/202021/05/202102/08/2021DutchPDF
Full model31/12/201911/05/202018/08/2020DutchPDF
Full model31/12/201813/05/201921/05/2019DutchPDF
Full model31/12/201714/05/201828/08/2018DutchPDF
Full model31/12/201629/03/201721/09/2017DutchPDF
Full model31/12/201530/06/201619/07/2016DutchPDF
Full model31/12/201415/05/201504/02/2016DutchPDF
Full model31/12/201316/05/201425/09/2014DutchPDF
Full model31/12/201217/05/201323/07/2013DutchPDF
Full model31/12/201118/05/201218/06/2012DutchPDF
Full model31/12/201020/05/201126/05/2011DutchPDF
Full model31/12/200921/05/201003/06/2010DutchPDF
Full model31/12/200815/05/200902/06/2009DutchPDF
Full model31/12/200716/05/200812/06/2008DutchPDF
Full model31/12/200618/05/200729/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 80 ended

Active mandates

Bénédicte Lobelle

Director

Active
Els Verhaegen

Director

Active
Filip De Koster

Director

Active
Gregory Maes

Director

Active
Jannie Haek

Director

Active
Jean-François Bourlart

Persoon belast met dagelijks bestuur

Active
Karel Van Eetvelt

Director

Active
Marc Genin

Director

Active
Marleen Mannekens

Director

Active
Olivier Alsteens

Director

Active

Ended mandates

Céline Van Gansbeke

Director · since 08 mai 2023 · until 12 mai 2025

Ended
Els Verhaegen

Director · since 08 mai 2023 · until 12 mai 2025

Ended
Filip De Koster

Director · since 08 mai 2023 · until 12 mai 2025

Ended
Gregory Maes

Director · since 08 mai 2023 · until 12 mai 2025

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares21/05/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Other23/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - WIJZIGING RECHTSVORM
    PDF
  • Other23/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - OBJET - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates25/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/05/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    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 2025-206,6 k €↓
  2. 2024
    Annual accounts 20244,3 k €↑
  3. 2023
    Annual accounts 2023-145,9 k €↓
  4. 2022
    Annual accounts 20221,2 k €↓
  5. 2021
    Annual accounts 20212,6 k €↑
  6. 2018
    Annual accounts 2018706,5 €↓
  7. 2017
    Annual accounts 2017913,1 €↑
  8. 2016
    Annual accounts 2016799,1 €↑
  9. 2016
    Name changeCAPTAINS OF CYCLING
  10. 2015
    Annual accounts 2015428 €↓
  11. 2014
    Annual accounts 20141,9 k €↓
  12. 2013
    Annual accounts 20138,5 k €↓
  13. 2012
    Annual accounts 201222,9 k €↑
  14. 2011
    Annual accounts 2011-47,9 k €↓
  15. 2010
    Annual accounts 2010-277 €↓
  16. 2008
    Annual accounts 20085,4 k €
  17. 2008
    Name changeLOTTO SPORTS ORGANISATION
  18. 02/09/2002
    IncorporationCooperative society