Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
CYCLES CLEMENT from Tournai, company number BE0476112523, closed financial year 2024 with a result of € -63,808 after tax. For that financial year CYCLES CLEMENT recorded a gross margin of € 67,190 and equity of € 207,387. Compared with financial year 2023, the result moved from € -18,842 to € -63,808. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2025.
€ 207,387
▼ 24% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,808
▼ 239 % more loss than in 2023
Profit after tax over the fiscal year.
€ 19,722
▲ 104% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 188,387.
People and assets in 2024
2.9
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 40,165
▼ 13% vs 2023
€ 13,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,448
▼ 44% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 326,908
▼ 11% vs 2023
€ 39,585 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 114,612
▼ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 36,938
▲ 19% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 177,893 | € 209,073 | € 101,160 | € 67,190 | ▼ 34% |
| Profit after taxes | € 56,521 | € 69,130 | € -18,842 | € -63,808 | ▼ € 44,967 |
| Equity | € 220,908 | € 290,038 | € 271,196 | € 207,387 | ▼ 24% |
| Total debts | € 546,623 | € 599,010 | € 535,994 | € 493,331 | ▼ 8% |
| Cash | € 20,167 | € 22,486 | € 9,681 | € 19,722 | ▲ 104% |
| Land & buildings | € 173,149 | € 165,900 | € 160,600 | € 155,300 | ▼ 3% |
| Retained profit | € 201,908 | € 271,038 | € 252,196 | € 188,387 | ▼ 25% |
| Bank debt | € 335,656 | € 400,039 | € 366,021 | € 326,908 | ▼ 11% |
| Balance sheet total | € 767,531 | € 889,047 | € 807,189 | € 700,718 | ▼ 13% |
| Employees (FTE) | 1.8 | 2.6 | 2.8 | 2.9 | ▲ 0.1 |
Key figures of CYCLES CLEMENT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CYCLES CLEMENT?
What happened at CYCLES CLEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 63,808. filed late Source: NBB ↗
- Sylvie Haverals became a director. NBB
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
- Pascal Clément became a director. NBB
In short
From € 56,521 profit in 2021 to € 63,808 loss in 2024.
Paid € 30,597 in corporate taxes since 2021.
Best year ever: 2022, with € 69,130 profit.
On average € 23,200 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CYCLES CLEMENT are Pascal Clément and Sylvie Haverals.
Directors
According to the 2024 annual accounts
Pascal Clément
Director
since 2001
Sylvie Haverals
Director
since 2009
Establishments
Establishment units
Physical locations of this company
Chaussée d'Audenarde(TOU) 214
7500 Tournai
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
OVH Mail
Hosting
AS-HOSTINGER, CY
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0476.112.523
- VAT number
- BE 0476.112.523
- Registered office
- Chaussée d'Audenarde(TOU) 214, 7500 Tournai
- Names & denominations
- CYCLES CLEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 2001
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- cycles-clement.be
- Activities · NACE
Detailhandel in fietsen
Gespecialiseerde detailhandel in rijwielen
Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed
Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen
Detailhandel in fietsen in gespecialiseerde winkels
Overige reparaties, n.e.g.
Reparatie en onderhoud van consumentenartikelen, neg