Financials
Financial year 2025
Cyclops from Vilvoorde, company number BE0634850548, closed financial year 2025 with a result of € 214,217 after tax. For that financial year Cyclops recorded a gross margin of € 3.8 million and equity of € 1 million. Compared with financial year 2024, the result moved from € 545,387 to € 214,217. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 214,217
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 210,000 paid out
98 % of the profit went to the shareholders, mostly to MEDUSA RR (100 % of the shares). That is where the money ends up.
People and assets in 2025
40
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▼ 1% vs 2024
€ 83,300 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.
€ 62,397
▲ € 52,237 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 771,010
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 363,248
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,948,604 | € 3,275,154 | € 4,299,708 | € 3,797,600 | ▼ 12% |
| Profit after taxes | € 92,384 | € 180,163 | € 545,387 | € 214,217 | ▼ 61% |
| Equity | € 527,943 | € 558,106 | € 1,024,669 | € 1,028,886 | |
| Total debts | € 1,605,478 | € 1,896,906 | € 2,714,952 | € 2,240,658 | ▼ 17% |
| Cash | € 192,585 | € 487,153 | € 700,039 | € 1,300,825 | ▲ 86% |
| Retained profit | € 521,743 | € 551,906 | € 988,469 | € 992,686 | |
| Dividend | € 0 | € 150,000 | € 400,000 | € 210,000 | ▼ 47% |
| Bank debt | € 695,787 | € 939,238 | € 989,825 | € 1,080,772 | ▲ 9% |
| Balance sheet total | € 2,133,421 | € 2,455,013 | € 3,739,621 | € 3,269,544 | ▼ 13% |
| Employees (FTE) | 37 | 36.6 | 42.4 | 40 | ▼ 2.4 |
Key figures of Cyclops, fiscal years 2021 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 Cyclops?
What happened at Cyclops in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 214,217 (▼ 61% vs 2024). Source: NBB ↗
- ArgusCo became a director. NBB
- The Pack Consulting BV became a director. NBB
- New establishment in Charleroi. KBO
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,384 profit in 2021 to € 214,217 profit in 2025.
Paid € 527,173 in corporate taxes since 2021.
Best year ever: 2024, with € 545,387 profit.
On average € 94,900 of value added per employee in 2025.
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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
The stake of MEDUSA RR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CyclopsBehind Cyclops are The Pack Consulting BV and ArgusCo. The shares are held by MEDUSA RR (100%).
Directors
According to the 2025 annual accounts
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hendrik I-lei 45
1800 Vilvoorde
Rue Petit Piersoulx 1 box 18
6041 Charleroi
Active since 15 June 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →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
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
cyclopscompany.com
Registered
2015-07-18
Registrar
Combell NV
Expires
2028-07-18
Website info
Features
Security
Details
- Company number
- 0634.850.548
- VAT number
- BE 0634.850.548
- Registered office
- Hendrik I-lei 45, 1800 Vilvoorde
- Names & denominations
- Cyclops
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 August 2015
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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