ACTIVE

Cycle Squad

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Financial year 2025 · closed on 31/03/2025
Net result
-35,4 k €
-57.8% YoY
Gross margin
-27,2 k €
-50.3% YoY
Equity
206,1 k €
-14.7% YoY
Workforce
0,0 ETP

What does Cycle Squad do?

Cycle Squad is a Private limited company incorporated in 2020. Its main activity is: Wholesale of other household goods. Its registered office is in Damme.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0745.354.730
Incorporation
12/03/2020
Legal form
Private limited company
Registered office
Moerkerkesteenweg 47
8340 Damme · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/03/2025
Average workforce
0,0 ETP
Activities (NACE)
46495Wholesale of other household goods· main46495Wholesale of other household goods47632Retail sale of music and video recordings in specialised stores47785Other retail sale of new goods in specialised stores
Contacts
2 public details availableLog in to view
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-27,2 k €-18,1 k €292,3 k €17,1 k €127,6 k €
EBITDA-29,8 k €-19,4 k €291,3 k €16,2 k €127,3 k €
Operating result-35,1 k €-24,8 k €288,3 k €15,4 k €119,4 k €
Net result-35,4 k €-22,5 k €217,1 k €69,3 €99,8 k €
Balance sheet
Equity206,1 k €241,6 k €327 k €109,9 k €109,8 k €
Total assets605,8 k €385,9 k €434,9 k €1,1 M €426,2 k €
Cash23,1 k €474,2 €43,6 k €–70 k €
Debts399,7 k €144,4 k €107,9 k €151,9 k €316,4 k €
Other
Workforce0,0 ETP0,0 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 2 ended

Active mandates

Kelly Van Middelem

Director · since 01 mai 2024

Active
Björn Branders

Director · since 11 mars 2020

Active

Ended mandates

Björn Branders

Director · since 12 mars 2020

Ended
Björn Branders

Director

Ended
At this address

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0831.221.110
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0676.461.568
REDD POINT● Bankrupt
0774.641.406
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202112/03/2020
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months13 months
Filing date29/10/202524/10/202426/10/202328/10/202208/09/2021
General meeting30/09/202530/09/202430/09/202330/09/202223/08/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202530/09/202529/10/2025DutchPDF
Abridged model31/03/202430/09/202424/10/2024DutchPDF
Micro model31/03/202330/09/202326/10/2023DutchPDF
Micro model31/03/202230/09/202228/10/2022DutchPDF
Micro model31/03/202123/08/202108/09/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 2 ended

Active mandates

Kelly Van Middelem

Director · since 01 mai 2024

Active
Björn Branders

Director · since 11 mars 2020

Active

Ended mandates

Björn Branders

Director · since 12 mars 2020

Ended
Björn Branders

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/08/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other16/03/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 2025-35,4 k €↓
  2. 2024
    Annual accounts 2024-22,5 k €↓
  3. 2023
    Annual accounts 2023217,1 k €↑
  4. 2022
    Annual accounts 202269,3 €↓
  5. 2021
    Annual accounts 202199,8 k €
  6. 12/03/2020
    IncorporationPrivate limited company