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 2024 and 2025.
Financials
Financial year 2025
CYCLEX from Eeklo, company number BE0533985592, closed financial year 2025 with a result of € -29,476 after tax. For that financial year CYCLEX recorded a gross margin of € -26,313 and equity of € 8,414. Compared with financial year 2024, the result moved from € -41,179 to € -29,476. The company made a loss. The buffer shrank hard: equity is 78 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 8,414
▼ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,476
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 16,960
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2,214.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,485
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 283
▼ 43% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,210 | € 3,847 | € -26,960 | € -26,313 | ▲ € 646 |
| Profit after taxes | € 28,244 | € -3,537 | € -41,179 | € -29,476 | ▲ € 11,703 |
| Equity | € 82,605 | € 79,069 | € 37,890 | € 8,414 | ▼ 78% |
| Total debts | € 53,020 | € 20,553 | € 19,940 | € 23,081 | ▲ 16% |
| Cash | € 30,868 | € 48,608 | € 42,040 | € 16,960 | ▼ 60% |
| Retained profit | € 76,405 | € 72,869 | € 31,690 | € 2,214 | ▼ 93% |
| Dividend | € 9,728 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,046 | € 159 | € 0 | € 0 | |
| Balance sheet total | € 135,625 | € 99,621 | € 57,829 | € 31,495 | ▼ 46% |
Key figures of CYCLEX, 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 CYCLEX?
What happened at CYCLEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,476. filed late Source: NBB ↗
- Philip Callant became a director. NBB
- New establishment in Eeklo. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,244 profit in 2022 to € 29,476 loss in 2025.
Paid € 16,880 in corporate taxes since 2022.
Best year ever: 2022, with € 28,244 profit.
Paid out € 9,728 in dividends to the owners in total.
Management
Behind CYCLEX is Philip Callant.
Directors
According to the 2025 annual accounts
Philip Callant
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Schuttershof 1
9900 Eeklo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0533.985.592
- VAT number
- BE 0533.985.592
- Registered office
- Schuttershof 1, 9900 Eeklo
- Names & denominations
- CYCLEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2013
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Detailhandel in fietsen
Detailhandel in fietsen in gespecialiseerde winkels
Overige detailhandel in voedingsmiddelen, neg
Reparatie en onderhoud van consumentenartikelen, neg
Overige zakelijke dienstverlening, neg
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.