Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Cycles Bouvy from Philippeville, company number BE0460224814, closed financial year 2025 with a result of € 25,982 after tax. For that financial year Cycles Bouvy recorded a gross margin of € 72,020 and equity of € -52,763. Compared with financial year 2024, the result moved from € -37,631 to € 25,982. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ -52,763
▲ € 25,982 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,982
▲ still € 37,631 loss in 2024
Profit after tax over the fiscal year.
€ 4,105
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -180,447.
People and assets in 2025
€ 5,488
▼ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 345,402
▼ 6% vs 2024
€ 23,805 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 58,252
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,747
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,496 | € 2,550 | € 15,107 | € 72,020 | ▲ € 56,914 |
| Profit after taxes | € 2,974 | € -45,749 | € -37,631 | € 25,982 | ▲ € 63,613 |
| Equity | € 4,635 | € -41,114 | € -78,745 | € -52,763 | ▲ € 25,982 |
| Total debts | € 510,978 | € 504,819 | € 509,636 | € 461,191 | ▼ 10% |
| Cash | € 5,441 | € 5,489 | € 4,097 | € 4,105 | |
| Land & buildings | € 243,520 | € 231,137 | € 218,753 | € 206,369 | ▼ 6% |
| Retained profit | € -119,365 | € -168,798 | € -206,428 | € -180,447 | ▲ € 25,982 |
| Bank debt | € 404,196 | € 384,652 | € 365,579 | € 345,402 | ▼ 6% |
| Balance sheet total | € 515,612 | € 463,704 | € 430,891 | € 408,428 | ▼ 5% |
Key figures of Cycles Bouvy, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cycles Bouvy?
What happened at Cycles Bouvy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,982. Source: NBB ↗
- Fabienne MATAGNE became a director. NBB
- Michaël BOUVY became a director. NBB
- New establishment in Philippeville. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,974 profit in 2022 to € 25,982 profit in 2025.
Paid € 5 in corporate taxes since 2022.
Best year ever: 2025, with € 25,982 profit.
Management
Behind Cycles Bouvy are Fabienne MATAGNE and Michaël BOUVY.
Directors
According to the 2025 annual accounts
Fabienne MATAGNE
Director
since 2023
Michaël BOUVY
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue d'Hemptinne 10
5600 Philippeville
Rue de France 70
5600 Philippeville
Active since 19 March 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
HOSTEUR-NET-CORE Hosteur NETWORK CORE, FR
Domain
Domain
cyclesbouvy.com
Registered
2006-01-13
Registrar
Hosteur SARL
Expires
2027-01-13
Website info
Features
Security
Details
- Company number
- 0460.224.814
- VAT number
- BE 0460.224.814
- Registered office
- Rue d'Hemptinne 10, 5600 Philippeville
- Names & denominations
- Cycles Bouvy
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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