ACTIVE

Be Cycling

Financial year 2024 · closed on 31/12/2024
Net result
22,4 k €
+107.6% YoY
Revenue
3,4 M €
Equity
708,4 k €
+24.8% YoY
Workforce
4,3 ETP
-14.0% YoY

What does Be Cycling do?

Be Cycling is a Non-profit organization incorporated in 2004. Its registered office is in Bruxelles. It employs on average 4,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0867.723.693
Incorporation
08/10/2004
Legal form
Non-profit organization
Registered office
Esplanade 1 box 78
1020 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2024
Average workforce
4,3 ETP
Joint committees (1)
  • 337
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20242018
Income statement
Revenue3,4 M €
EBITDA199,9 k €188,4 k €
Operating result-31,1 k €-41,3 k €
Net result22,4 k €10,8 k €
Balance sheet
Equity708,4 k €567,4 k €
Total assets2,4 M €2,8 M €
Cash39,5 k €647,5 k €
Debts1,1 M €1,6 M €
Other
Workforce4,3 ETP5,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 20 active · 11 ended

Active mandates

Benoit Squelin

Director · since 17 juin 2024

Active
André Vanlint

Director · since 07 juin 2023 · until 18 juin 2025

Active
Andy Deprez

Director · since 07 juin 2023

Active
Bjorn Leenknegt

Director · since 07 juin 2023 · until 18 juin 2025

Active
Jean-Luc Dessy

Director · since 07 juin 2023

Active
Patrick De Pessemier

Director · since 07 juin 2023 · until 18 juin 2025

Active
Alex Onclin

Director · until 18 juin 2025

Active
Benny Willems

Director

Active
Carina Van Cauter

Director

Active
Frederik Van Tittelboom

Andere functie

Active
Geert Barbry

Director

Active
Hugo Tembuyser

Director · until 18 juin 2025

Active
Jean Eylenbosch

Director · until 18 juin 2025

Active
Luc Fontaine

Director

Active
Ludo Smeyers

Director

Active
Martin Defreyne

Director

Active
Nathalie Clauwaert

Andere functie

Active
Thierry Marechal

Director

Active
Tom Van Damme

Director

Active
William Van Aerde

Andere functie · until 18 juin 2025

Active

Ended mandates

Jean-Luc Dessy

Director · since 28 juin 2018

Ended
André Vanlint

Director

Ended
Fernand Lambert

Director

Ended
Hugo D'Hont

Director

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202522/11/202429/11/202329/12/202220/10/202122/10/2020
General meeting18/06/202517/06/202407/06/202316/06/202229/06/202123/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202418/06/202528/08/2025DutchPDF
Abridged model31/12/202317/06/202422/11/2024DutchPDF
Abridged model31/12/202207/06/202329/11/2023DutchPDF
Abridged model31/12/202116/06/202229/12/2022DutchPDF
Abridged model31/12/202029/06/202120/10/2021DutchPDF
Abridged model31/12/201923/06/202022/10/2020DutchPDF
Abridged model31/12/201813/06/201905/09/2019DutchPDF
Abridged model31/12/201728/06/201827/07/2018DutchPDF
Abridged model31/12/201608/06/201718/12/2017DutchPDF
Abridged model31/12/201514/06/201629/07/2016DutchPDF
Abridged model31/12/201425/06/201507/07/2015DutchPDF
Abridged model31/12/201307/05/201431/07/2014DutchPDF
Abridged modelCorrection31/12/201221/05/201314/10/2013DutchPDF
Abridged model31/12/201221/05/201302/10/2013DutchPDF
Abridged modelCorrection31/12/201109/05/201226/09/2012DutchPDF
Abridged model31/12/201109/05/201216/08/2012DutchPDF
Abridged model31/12/201011/05/201117/11/2011DutchPDF
Abridged model31/12/200930/06/201026/10/2010DutchPDF
Abridged model31/12/200806/06/200901/09/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 31/12/2024 · 20 active · 11 ended

Active mandates

Benoit Squelin

Director · since 17 juin 2024

Active
André Vanlint

Director · since 07 juin 2023 · until 18 juin 2025

Active
Andy Deprez

Director · since 07 juin 2023

Active
Bjorn Leenknegt

Director · since 07 juin 2023 · until 18 juin 2025

Active
Jean-Luc Dessy

Director · since 07 juin 2023

Active
Patrick De Pessemier

Director · since 07 juin 2023 · until 18 juin 2025

Active
Alex Onclin

Director · until 18 juin 2025

Active
Benny Willems

Director

Active
Carina Van Cauter

Director

Active
Frederik Van Tittelboom

Andere functie

Active
Geert Barbry

Director

Active
Hugo Tembuyser

Director · until 18 juin 2025

Active
Jean Eylenbosch

Director · until 18 juin 2025

Active
Luc Fontaine

Director

Active
Ludo Smeyers

Director

Active
Martin Defreyne

Director

Active
Nathalie Clauwaert

Andere functie

Active
Thierry Marechal

Director

Active
Tom Van Damme

Director

Active
William Van Aerde

Andere functie · until 18 juin 2025

Active

Ended mandates

Jean-Luc Dessy

Director · since 28 juin 2018

Ended
André Vanlint

Director

Ended
Fernand Lambert

Director

Ended
Hugo D'Hont

Director

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/09/2024
    ONTSLAGEN - BENOEMINGEN
    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. 2024
    Annual accounts 202422,4 k €
  2. 2018
    Annual accounts 201810,8 k €
  3. 08/10/2004
    IncorporationNon-profit organization