Classified Cycling
0733.606.545 · rovalta.com · 05/11/2026
ACTIVE
Classified Cycling
Financial year 2025 · Closed on 31/12/2025
Net result-4,9 M €+33,0 %over 1 year
Gross margin-2,2 M €+41,6 %over 1 year
Equity18,4 M €+24,6 %over 1 year
Workforce19,0 ETP-19,1 %over 1 year
Overview
Identity
Source · BCE/KBOClassified Cycling is a Private limited company incorporated in 2019. Its main activity is: Manufacture of bicycles and invalid carriages. Its registered office is in Antwerpen. It employs on average 19,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0733.606.545
- Incorporation
- 02/09/2019
- Legal form
- Private limited company
- Registered office
- Damplein 23
2060 Antwerpen · FlandreSee on map - Contributed capital
- 44 799 768,73 €
- Latest accounts
- 31/12/2025
- Average workforce
- 19,0 ETP
Activities (NACE)
Joint committees (2)
- 11101
- 20900
Signals
Solid equityLow riskGood liquidityHealthy social debts
Financials
Source · NBB, 6 filingsTrend over 5 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -2,2 M € | +41.6% | -3,8 M € | -39.8% | -2,7 M € | -22.4% | -2,2 M € | -54.4% | -1,4 M € |
| EBITDA | -3,9 M € | +33.1% | -5,8 M € | -21.6% | -4,7 M € | -23.1% | -3,8 M € | -76.1% | -2,2 M € |
| Operating result | -4,9 M € | +33.5% | -7,4 M € | -21.2% | -6,1 M € | -44.8% | -4,2 M € | -77.5% | -2,4 M € |
| Net result | -4,9 M € | +33.0% | -7,4 M € | -18.6% | -6,2 M € | -41.6% | -4,4 M € | -77.0% | -2,5 M € |
| Balance sheet | |||||||||
| Equity | 18,4 M € | +24.6% | 14,8 M € | +8.2% | 13,7 M € | +0.4% | 13,6 M € | +105% | 6,6 M € |
| Total assets | 19,3 M € | +14.9% | 16,8 M € | +14.4% | 14,6 M € | -15.4% | 17,3 M € | +95.7% | 8,8 M € |
| Cash | 7,8 M € | +54.0% | 5,1 M € | +28.9% | 3,9 M € | -49.0% | 7,7 M € | +267% | 2,1 M € |
| Debts | 754,2 k € | -34.4% | 1,1 M € | +26.5% | 908,3 k € | -63.5% | 2,5 M € | +14.7% | 2,2 M € |
| Other | |||||||||
| Workforce | 19,0 ETP | -19.1% | 23,5 ETP | -11.7% | 26,6 ETP | +17.2% | 22,7 ETP | +72.0% | 13,2 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20254 active · 8 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Christian Cigrang | Directorsince 20/10/2023 | ||
Nicholas Evans | Director04/11/2022 → 04/11/2028 | ||
Volo BV | Directorsince 06/09/2019 | ||
| Managing directorsince 02/09/2019Director02/09/2019 → 2024 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Giorgio d’Ambrosio | Director06/01/2023 → 2024 accounts | ||
Jörg Mohaupt | Director11/12/2020 → 2022 accounts | ||
Barend Braaksma | Director06/09/2019 → 11/12/2020 |
Other companies at this address
Damplein 23 2060 Antwerpen| Company | CBE no. |
|---|---|
ANTHONY● Active | 0452.805.106 |
Classified Ambassador● Active | 0781.816.832 |
FOUNDATION RADEN MAS● Active | 0846.273.332 |
| 0404.546.814 | |
MILTON WORLDWIDE● Active | 0453.585.262 |
Sucafina● Active | 0845.313.032 |
TEAL PARTNERS● Active | 0642.824.542 |
TJONDOO● Active | 1027.996.991 |
TonyLauw EP● Active | 1031.015.176 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 02/09/2019 |
| 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 | 16 months |
| Filing date | 15/06/2026 | 17/07/2025 | 07/06/2024 | 25/05/2023 | 27/06/2022 | 23/09/2021 |
| General meeting | 15/05/2026 | 20/06/2025 | 10/05/2024 | 11/05/2023 | 30/05/2022 | 25/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 6 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 15/05/2026 | 15/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/06/2025 | 17/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 10/05/2024 | 07/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 11/05/2023 | 25/05/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/05/2022 | 27/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 25/06/2021 | 23/09/2021 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20254 active · 8 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Christian Cigrang | Directorsince 20/10/2023 | ||
Nicholas Evans | Director04/11/2022 → 04/11/2028 | ||
Volo BV | Directorsince 06/09/2019 | ||
| Managing directorsince 02/09/2019Director02/09/2019 → 2024 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Giorgio d’Ambrosio | Director06/01/2023 → 2024 accounts | ||
Jörg Mohaupt | Director11/12/2020 → 2022 accounts | ||
Barend Braaksma | Director06/09/2019 → 11/12/2020 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Capital / shares08/12/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates05/12/2025ONTSLAGEN - BENOEMINGEN
- Mandates18/08/2025ONTSLAGEN - BENOEMINGEN
- Capital / shares21/05/2024KAPITAAL - AANDELEN
- Capital / shares28/02/2024KAPITAAL - AANDELEN
- Capital / shares25/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates31/10/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates24/05/2023ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
Christian Cigrang
Nicholas Evans
Volo BV
Icarus Management
Giorgio d’Ambrosio
Jörg Mohaupt
LRM Beheer
LIMBURGSE RECONVERSIE MAATSCHAPPIJ
BEVOCO
Volo BV
Volo B.V.
Barend Braaksma
2019202020212022202320242025202620272028
Classified Cycling
Damplein 23, 2060 Antwerp-2060
Director
Director
Director
Managing directorDirector
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Damplein 23, 2060 Antwerp-2060Current | accounts 2022 → 2025 | Accounts 2025 · 2026-00176867 |
| Slachthuisstraat 120 bte 10, 2300 Turnhout | accounts 2021 | Accounts 2021 · 2022-20094188 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| Classified CyclingCurrent | accounts 2020 → 2025 | Accounts 2025 · 2026-00176867 |
Events
- 2025Annual accounts 2025-4,9 M €↑
- 2024Annual accounts 2024-7,4 M €↓
- 2023Annual accounts 2023-6,2 M €↓
- 2022Annual accounts 2022-4,4 M €↓
- 2021Annual accounts 2021-2,5 M €
- 02/09/2019IncorporationPrivate limited company