Financials
Financial year 2026
Cycle Squad from Damme, company number BE0745354730, closed financial year 2026 with a result of € 43,636 after tax. For that financial year Cycle Squad recorded a gross margin of € 58,389 and equity of € 299,749. Compared with financial year 2025, the result moved from € -35,443 to € 43,636. 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 October 29, 2026.
€ 299,749
▲ 45% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,636
▲ still € 35,443 loss in 2025
Profit after tax over the fiscal year.
€ 45,806
▲ 98% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 239,749.
People and assets in 2026
€ 2,775
▼ 29% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 21,406
▲ € 19,128 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 8,366
▲ 276% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 292,261 | € -18,132 | € -27,249 | € 58,389 | ▲ € 85,638 |
| Profit after taxes | € 217,106 | € -22,462 | € -35,443 | € 43,636 | ▲ € 79,079 |
| Equity | € 327,017 | € 241,555 | € 206,112 | € 299,749 | ▲ 45% |
| Total debts | € 107,932 | € 144,374 | € 399,693 | € 289,731 | ▼ 28% |
| Cash | € 43,604 | € 474 | € 23,106 | € 45,806 | ▲ 98% |
| Retained profit | € 317,017 | € 231,555 | € 196,112 | € 239,749 | ▲ 22% |
| Dividend | € 0 | € 63,000 | € 0 | € 0 | |
| Bank debt | € 4,881 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 434,950 | € 385,929 | € 605,806 | € 589,480 | ▼ 3% |
Key figures of Cycle Squad, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Cycle Squad?
What happened at Cycle Squad in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 43,636. Source: NBB ↗
- Klaas Adam became a director. NBB
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 217,106 profit in 2023 to € 43,636 profit in 2026.
Paid € 69,685 in corporate taxes since 2023.
Best year ever: 2023, with € 217,106 profit.
Paid out € 63,000 in dividends to the owners in total.
Management
Behind Cycle Squad are Klaas Adam and Björn Branders. Björn Branders is also behind BIZO GROUP, REDD POINT, Cycle Squad Finance and BRANDERS Bike Supply.
Directors
According to the 2026 annual accounts
Klaas Adam
Director
since 2025
Björn Branders
Director
Also active at: BIZO GROUP, REDD POINT, Cycle Squad Finance, BRANDERS Bike Supply
Establishments
Establishment units
Physical locations of this company
Moerkerkesteenweg 47
8340 Damme
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
Google Workspace
Hosting
WIX_COM, IL
Domain
Domain
cycle-squad.com
Registered
2020-01-30
Registrar
Wix.com Ltd.
Expires
2028-01-30
Website info
Features
Security
Network
Details
- Company number
- 0745.354.730
- VAT number
- BE 0745.354.730
- Registered office
- Moerkerkesteenweg 47, 8340 Damme
- Names & denominations
- Cycle Squad
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2020
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
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