ACTIVE

CYCLES MUSELLE

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Financial year 2025 · Closed on 31/12/2025

Net result-4 k €-107,2 %over 1 year
Gross margin88,6 k €-46,9 %over 1 year
Equity568,9 k €-0,7 %over 1 year
Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

CYCLES MUSELLE is a Private limited company incorporated in 2019. Its main activity is: Retail sale of music and video recordings in specialised stores. Its registered office is in Hannut. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0717.636.286
Incorporation
04/01/2019
Legal form
Private limited company
Registered office
Rue Zénobe Gramme 71
4280 Hannut · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 14904
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin88,6 k €167 k €188,1 k €284,3 k €271,7 k €
EBITDA10,2 k €90,3 k €105,2 k €215,2 k €163,8 k €
Operating result-6,2 k €77,5 k €84,5 k €191,9 k €139,8 k €
Net result-4 k €56,1 k €61,8 k €144 k €98,8 k €
Balance sheet
Equity568,9 k €573 k €516,9 k €455,1 k €311,1 k €
Total assets937 k €963,5 k €992,3 k €961,5 k €682,9 k €
Cash212,8 k €205,3 k €99,8 k €65 k €100,7 k €
Debts368 k €390,5 k €475,4 k €503,9 k €371,8 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP–

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

3 active · 6 ended

Active mandates

CYCLES DAVID

Director · since 30 septembre 2024 · 1013.012.768

Represented by David Muselle

Active
MUNIC MANAGEMENT

Director · since 30 septembre 2024 · 1013.012.966

Represented by Nicolas Muselle

Active
PIERRE MUSELLE

Director · since 01 janvier 2019

Active

Ended mandates

GODELIEVE HOUSEN

Director · since 01 janvier 2019

Ended
GODELIEVE HOUSEN

Manager · since 01 janvier 2019

Ended
NICOLAS MUSELLE

Director · since 01 janvier 2019

Ended
NICOLAS MUSELLE

Manager · since 01 janvier 2019

Ended

Other companies at this address

Rue Zénobe Gramme 71 4280 Hannut
CompanyCBE no.
MUNIC MANAGEMENT● Active
1013.012.966

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date06/08/202629/08/202525/06/202431/08/202331/08/202229/07/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202606/08/2026FrenchPDF
Abridged model31/12/202413/06/202529/08/2025FrenchPDF
Abridged model31/12/202314/06/202425/06/2024FrenchPDF
Abridged model31/12/202209/06/202331/08/2023FrenchPDF
Micro model31/12/202110/06/202231/08/2022FrenchPDF
Micro model31/12/202011/06/202129/07/2021FrenchPDF
Micro model31/12/201912/06/202028/10/2020FrenchPDF

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

3 active · 6 ended

Active mandates

CYCLES DAVID

Director · since 30 septembre 2024 · 1013.012.768

Represented by David Muselle

Active
MUNIC MANAGEMENT

Director · since 30 septembre 2024 · 1013.012.966

Represented by Nicolas Muselle

Active
PIERRE MUSELLE

Director · since 01 janvier 2019

Active

Ended mandates

GODELIEVE HOUSEN

Director · since 01 janvier 2019

Ended
GODELIEVE HOUSEN

Manager · since 01 janvier 2019

Ended
NICOLAS MUSELLE

Director · since 01 janvier 2019

Ended
NICOLAS MUSELLE

Manager · since 01 janvier 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/12/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/09/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other26/03/2019
    DIVERS
    PDF
  • Other08/01/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-4 k €↓
  2. 2024
    Annual accounts 202456,1 k €↓
  3. 2023
    Annual accounts 202361,8 k €↓
  4. 2022
    Annual accounts 2022144 k €↑
  5. 2021
    Annual accounts 202198,8 k €↓
  6. 2020
    Annual accounts 2020201,5 k €↑
  7. 2019
    Annual accounts 2019-7,8 k €
  8. 04/01/2019
    IncorporationPrivate limited company