Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
-
Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2023
CYCLING INDUSTRIES EUROPE from Brussel, company number BE0721608041, closed financial year 2023 with a result of € -35,100 after tax. For that financial year CYCLING INDUSTRIES EUROPE recorded a gross margin of € 1.2 million and equity of € 12,411. Compared with financial year 2022, the result moved from € 11,088 to € -35,100. The company made a loss. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 19, 2024.
€ 12,411
▼ 74% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,100
▼ still € 11,088 profit in 2022
Profit after tax over the fiscal year.
€ 245,693
▼ 2% vs 2022
Cash and bank balances on the last day of the fiscal year.
People and assets in 2023
6.9
▼ 0.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 614,320
▲ 5% vs 2022
€ 89,000 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.
€ 2,437
▼ 50% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 29,825
▲ 36% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 53,514
▼ 24% vs 2022
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2020 | 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|---|
| Gross margin | € 943,782 | € 1,026,735 | € 1,287,902 | € 1,229,812 | ▼ 5% |
| Profit after taxes | € 2,681 | € 26,905 | € 11,088 | € -35,100 | ▼ € 46,189 |
| Equity | € 9,518 | € 36,423 | € 47,512 | € 12,411 | ▼ 74% |
| Total debts | € 300,801 | € 529,576 | € 529,727 | € 295,339 | ▼ 44% |
| Cash | € 214,742 | € 317,458 | € 251,231 | € 245,693 | ▼ 2% |
| Retained profit | € 9,518 | € 36,423 | € 47,512 | € 12,411 | ▼ 74% |
| Balance sheet total | € 323,319 | € 578,999 | € 622,739 | € 340,250 | ▼ 45% |
| Employees (FTE) | 4.5 | 6 | 7.4 | 6.9 | ▼ 0.5 |
Key figures of CYCLING INDUSTRIES EUROPE, fiscal years 2020 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to CYCLING INDUSTRIES EUROPE?
What happened at CYCLING INDUSTRIES EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 35,100 (▼ € 46,189 vs 2022). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,681 profit in 2020 to € 35,100 loss in 2023.
Best year ever: 2021, with € 26,905 profit.
On average € 178,200 of value added per employee in 2023.
A new publication or filing at CYCLING INDUSTRIES EUROPE? We notify you, reason included.
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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 CYCLING INDUSTRIES EUROPE are Velokonzept GmbH, Trek Bicycle Corporation, SRAM LLC, WILDERNESS TRAIL BIKES, INC, Pon Bicycle Holding B.V. and Cycleurope AB.
Directors
According to the 2023 annual accounts
Velokonzept GmbH
Director
Trek Bicycle Corporation
Director
Director
Director
Director
Director
Director
Decathlon SE
Director
NOCA Mobility GmbH
Director
Specialized Europe GmbH
Director
Director
Establishments
Establishment units
Physical locations of this company
Marnixlaan 17
1000 Brussel
Franklinstraat 28
1000 Brussel
Active since 6 March 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →The Fifth Avenue Antique Shop
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+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0721.608.041
- VAT number
- BE 0721.608.041
- Registered office
- Marnixlaan 17, 1000 Brussel
- Names & denominations
- CYCLING INDUSTRIES EUROPE · LES INDUSTRIES DU VELO EN EUROPE · CIE
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 27 February 2019
- Peppol
- Active · Active since 25 Mar 2026
- Activities · NACE
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Overige verenigingen, neg
Organisatie van congressen en beurzen