ACTIVE

INNOVATIVECYCLING

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Financial year 2025 · Closed on 31/12/2025

Net result77,8 k €+251,1 %over 1 year
Gross margin180,3 k €+46,0 %over 1 year
Equity243 k €+7,4 %over 1 year

Identity

Source · BCE/KBO

INNOVATIVECYCLING is a Private limited company incorporated in 2017. Its main activity is: Wholesale of other household goods. Its registered office is in Hamont-Achel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0673.506.137
Incorporation
27/03/2017
Legal form
Private limited company
Registered office
Thomas Watsonlaan 2 box 1
3930 Hamont-Achel · FlandreSee on map
Contributed capital
19 622,85 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin180,3 k €123,5 k €159,1 k €61,3 k €210,7 k €
EBITDA140,3 k €70,9 k €106,4 k €14 k €208,9 k €
Operating result106,7 k €33,1 k €68,9 k €-23,4 k €170,6 k €
Net result77,8 k €22,2 k €55,6 k €-35,5 k €136,3 k €
Balance sheet
Equity243 k €226,3 k €204,2 k €148,5 k €184 k €
Total assets517 k €485,8 k €404,4 k €427,3 k €415,5 k €
Cash32,6 k €33,1 k €–0 €16,8 k €
Debts274 k €259,5 k €200,2 k €275,1 k €231,5 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 7 ended

Active mandates

MARJOLEIN VANDAEL

Director

Active
NIELS HEUVELMAN

Director

Active

Ended mandates

Marjolein Vandael

Manager · since 27 mars 2017

Ended
Niels Heuvelman

Manager · since 27 mars 2017

Ended
Marjolein Vandael

Director · since 24 mars 2017

Ended
Marjolein Vandael

Manager · since 24 mars 2017

Ended

Other companies at this address

Thomas Watsonlaan 2 3930 Hamont-Achel
CompanyCBE no.
Goossens-Breemans● Active
0765.912.790
Vereniging van Mede-eigenaars Residentie Achelle te 3930 Hamont-Achel, Thomas Watsonlaan 2● Active
0838.647.449

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date31/08/202624/06/202528/06/202409/10/202329/09/202215/07/2021
General meeting19/06/202620/06/202521/06/202406/10/202328/09/202218/06/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202631/08/2026DutchPDF
Micro model31/12/202420/06/202524/06/2025DutchPDF
Micro model31/12/202321/06/202428/06/2024DutchPDF
Micro model31/12/202206/10/202309/10/2023DutchPDF
Micro model31/12/202128/09/202229/09/2022DutchPDF
Micro model31/12/202018/06/202115/07/2021DutchPDF
Micro model31/12/201919/06/202002/07/2020DutchPDF
Micro model31/12/201821/06/201921/08/2019DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

2 active · 7 ended

Active mandates

MARJOLEIN VANDAEL

Director

Active
NIELS HEUVELMAN

Director

Active

Ended mandates

Marjolein Vandael

Manager · since 27 mars 2017

Ended
Niels Heuvelman

Manager · since 27 mars 2017

Ended
Marjolein Vandael

Director · since 24 mars 2017

Ended
Marjolein Vandael

Manager · since 24 mars 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office17/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
    PDF
  • Other03/10/2017
    DIVERSEN
    PDF
  • Other29/03/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202577,8 k €↑
  2. 2024
    Annual accounts 202422,2 k €↓
  3. 2023
    Annual accounts 202355,6 k €↑
  4. 2022
    Annual accounts 2022-35,5 k €↓
  5. 2021
    Annual accounts 2021136,3 k €↑
  6. 2018
    Annual accounts 20187,5 k €
  7. 27/03/2017
    IncorporationPrivate limited company