What does INNOVATIVECYCLING do?

INNOVATIVECYCLING is a wholesaler in Hamont-Achel. Private Limited, started on 27 March 2017, 1 establishment.

What is the address of INNOVATIVECYCLING?

The registered office of INNOVATIVECYCLING is located at Thomas Watsonlaan 2 box 1, 3930 Hamont-Achel.

Is INNOVATIVECYCLING still active?

Yes. According to the CBE (31 October 2026) INNOVATIVECYCLING is active, legal situation “Normale toestand”, started on 27 March 2017.

Is INNOVATIVECYCLING registered on Peppol?

Yes, INNOVATIVECYCLING is registered on the Peppol network with ID 0208:0673506137.

What is the enterprise number of INNOVATIVECYCLING?

The enterprise number of INNOVATIVECYCLING is BE0673506137.

When was INNOVATIVECYCLING founded?

INNOVATIVECYCLING was founded on 27 March 2017.

Who are the directors of INNOVATIVECYCLING?

According to the 2025 annual accounts, the directors of INNOVATIVECYCLING are: NIELS HEUVELMAN, MARJOLEIN VANDAEL.

Is INNOVATIVECYCLING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 March 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did INNOVATIVECYCLING make in 2025?

INNOVATIVECYCLING posted a profit after taxes of € 77,841 in financial year 2025.

What is the revenue of INNOVATIVECYCLING?

As a small company, INNOVATIVECYCLING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 180,319.

INNOVATIVECYCLING (Private Limited) - Hamont-Achel

Dossier INNOVATIVECYCLING, printed on 31 October 2026 from databakkes.be/en/0673506137/innovativecycling. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

INNOVATIVECYCLING from Hamont-Achel, company number BE0673506137, closed financial year 2025 with a result of € 77,841 after tax. For that financial year INNOVATIVECYCLING recorded a gross margin of € 180,319 and equity of € 242,991. Compared with financial year 2024, the result moved from € 22,169 to € 77,841. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 242,991

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 77,841

▲ 251% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 32,627

▼ 1% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 61,177 paid out

79 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 38,752

▼ 25% 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.

Vehicles and equipment

€ 58,421

Of which on lease € 43,918.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 208,595

▼ 5% vs 2024

€ 29,202 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 53,086

▲ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 12,304

▲ 53% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 61,327 Gross margin 2022: € 61,327 First fiscal year in the series	€ 159,106 Gross margin 2023: € 159,106 ▲ 159% vs 2022 (€ 61,327) Favourable step	€ 123,526 Gross margin 2024: € 123,526 ▼ 22% vs 2023 (€ 159,106) Unfavourable step	€ 180,319 Gross margin 2025: € 180,319 ▲ 46% vs 2024 (€ 123,526) Favourable step	▲ 46%
Profit after taxes	€ -35,491 Profit after taxes 2022: € -35,491 First fiscal year in the series	€ 55,610 Profit after taxes 2023: € 55,610 ▲ € 91,101 vs 2022 (€ -35,491) Favourable step	€ 22,169 Profit after taxes 2024: € 22,169 ▼ 60% vs 2023 (€ 55,610) Unfavourable step	€ 77,841 Profit after taxes 2025: € 77,841 ▲ 251% vs 2024 (€ 22,169) Favourable step	▲ 251%
Equity	€ 148,549 Equity 2022: € 148,549 First fiscal year in the series	€ 204,159 Equity 2023: € 204,159 ▲ 37% vs 2022 (€ 148,549) Favourable step	€ 226,327 Equity 2024: € 226,327 ▲ 11% vs 2023 (€ 204,159) Favourable step	€ 242,991 Equity 2025: € 242,991 ▲ 7% vs 2024 (€ 226,327) Favourable step	▲ 7%
Total debts	€ 278,717 Total debts 2022: € 278,717 First fiscal year in the series	€ 200,208 Total debts 2023: € 200,208 ▼ 28% vs 2022 (€ 278,717) Favourable step	€ 259,464 Total debts 2024: € 259,464 ▲ 30% vs 2023 (€ 200,208) Unfavourable step	€ 273,986 Total debts 2025: € 273,986 ▲ 6% vs 2024 (€ 259,464) Unfavourable step	▲ 6%
Cash	€ 0 Cash 2022: € 0 First fiscal year in the series	-	€ 33,064 Cash 2024: € 33,064 First fiscal year in the series	€ 32,627 Cash 2025: € 32,627 ▼ 1% vs 2024 (€ 33,064) Unfavourable step	▼ 1%
Land & buildings	€ 182,704 Land & buildings 2022: € 182,704 First fiscal year in the series	€ 177,027 Land & buildings 2023: € 177,027 ▼ 3% vs 2022 (€ 182,704) Unchanged	€ 168,330 Land & buildings 2024: € 168,330 ▼ 5% vs 2023 (€ 177,027) Unchanged	€ 159,633 Land & buildings 2025: € 159,633 ▼ 5% vs 2024 (€ 168,330) Unchanged	▼ 5%
Retained profit	€ 128,926 Retained profit 2022: € 128,926 First fiscal year in the series	€ 184,536 Retained profit 2023: € 184,536 ▲ 43% vs 2022 (€ 128,926) Favourable step	€ 206,704 Retained profit 2024: € 206,704 ▲ 12% vs 2023 (€ 184,536) Favourable step	€ 223,368 Retained profit 2025: € 223,368 ▲ 8% vs 2024 (€ 206,704) Favourable step	▲ 8%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 61,177 Dividend 2025: € 61,177 Unchanged (€ 0) Unchanged
Bank debt	€ 171,096 Bank debt 2022: € 171,096 First fiscal year in the series	€ 159,951 Bank debt 2023: € 159,951 ▼ 7% vs 2022 (€ 171,096) Favourable step	€ 220,094 Bank debt 2024: € 220,094 ▲ 38% vs 2023 (€ 159,951) Unfavourable step	€ 208,595 Bank debt 2025: € 208,595 ▼ 5% vs 2024 (€ 220,094) Favourable step	▼ 5%
Balance sheet total	€ 427,267 Balance sheet total 2022: € 427,267 First fiscal year in the series	€ 404,367 Balance sheet total 2023: € 404,367 ▼ 5% vs 2022 (€ 427,267) Unchanged	€ 485,791 Balance sheet total 2024: € 485,791 ▲ 20% vs 2023 (€ 404,367) Unchanged	€ 516,977 Balance sheet total 2025: € 516,977 ▲ 6% vs 2024 (€ 485,791) Unchanged	▲ 6%

Key figures of INNOVATIVECYCLING, 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 INNOVATIVECYCLING?

What happened at INNOVATIVECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 77,841 (▲ 251% vs 2024). filed late Source: NBB ↗
Mar 27, 2017 New establishment in Hamont-Achel. KBO
Mar 27, 2017 Start of the company according to the CBE. KBO

In short

From € 35,491 loss in 2022 to € 77,841 profit in 2025.

Paid € 32,770 in corporate taxes since 2022.

Best year ever: 2025, with € 77,841 profit.

Paid out € 61,177 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

NIELS HEUVELMAN MARJOLEIN VANDAEL

INNOVATIVECYCLING

Behind INNOVATIVECYCLING are NIELS HEUVELMAN and MARJOLEIN VANDAEL.

Directors

According to the 2025 annual accounts

NIELS HEUVELMAN

Director

MARJOLEIN VANDAEL

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Thomas Watsonlaan 2 box 1

3930 Hamont-Achel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Goossens-Breemans

Vereniging van Mede-eigenaars Residentie Achelle te 3930 Hamont-Achel, Thomas Watsonlaan 2

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0673.506.137

VAT number

BE 0673.506.137

Registered office

Thomas Watsonlaan 2 bus 1, 3930 Hamont-Achel

Names & denominations

INNOVATIVECYCLING

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 March 2017

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Groothandel in fietsen

Detailhandel in fietsen

Detailhandel in fietsen in gespecialiseerde winkels

Overige vormen van onderwijs

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Beheer van computerfaciliteiten

Adviesbureaus op het gebied van public relations en communicatie

View on CBE Public ↗ Annual accounts (NBB) ↗

INNOVATIVECYCLING

Financials

What happened to INNOVATIVECYCLING?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions