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
Cycle Squad from Damme, company number BE0745354730, closed financial year 2025 with a result of € -35,443 after tax. For that financial year Cycle Squad recorded a gross margin of € -27,249 and equity of € 206,112. Compared with financial year 2024, the result moved from € -22,462 to € -35,443. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 206,112
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,443
▼ 58 % more loss than in 2024
Profit after tax over the fiscal year.
€ 23,106
▲ € 22,631 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 196,112.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 3,937
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,278
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,225
▼ 96% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,062 | € 292,261 | € -18,132 | € -27,249 | ▼ € 9,117 |
| Profit after taxes | € 69 | € 217,106 | € -22,462 | € -35,443 | ▼ € 12,981 |
| Equity | € 109,911 | € 327,017 | € 241,555 | € 206,112 | ▼ 15% |
| Total debts | € 963,656 | € 107,932 | € 144,374 | € 399,693 | ▲ 177% |
| Cash | - | € 43,604 | € 474 | € 23,106 | ▲ € 22,631 |
| Retained profit | € 99,911 | € 317,017 | € 231,555 | € 196,112 | ▼ 15% |
| Dividend | € 0 | € 0 | € 63,000 | € 0 | ▼ 100% |
| Bank debt | € 41,532 | € 4,881 | € 0 | € 0 | |
| Balance sheet total | € 1,073,567 | € 434,950 | € 385,929 | € 605,806 | ▲ 57% |
Key figures of Cycle Squad, 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 October 2026.
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 2025: loss of € 35,443. Source: NBB ↗
- Kelly Van Middelem became a director. NBB
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
- Björn Branders became a director. NBB
In short
From € 69 profit in 2022 to € 35,443 loss in 2025.
Paid € 65,310 in corporate taxes since 2022.
Best year ever: 2023, with € 217,106 profit.
Paid out € 63,000 in dividends to the owners in total.
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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 Cycle Squad are Kelly Van Middelem and Björn Branders. The same people are also behind Cycle Squad Finance and BRANDERS Bike Supply. Björn Branders is also behind BIZO GROUP and REDD POINT.
Directors
According to the 2025 annual accounts
since 2024
Björn Branders
Director
Also active at: BIZO GROUP, REDD POINT, Cycle Squad Finance, BRANDERS Bike Supply
since 2020
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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