Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Cyclowax from Gent, company number BE0794469590, closed financial year 2025 with a result of € -686,073 after tax. For that financial year Cyclowax recorded a gross margin of € -337,647 and equity of € 373,777. Compared with financial year 2024, the result moved from € -423,241 to € -686,073. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 373,777
▲ € 1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -686,073
▼ 62 % more loss than in 2024
Profit after tax over the fiscal year.
€ 372,353
▲ € 295,710 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.4 million.
People and assets in 2025
€ 145,309
▲ 128% 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.
€ 7,552
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 551,000
▼ 46% vs 2024
Loans from banks and other lenders, long and short.
€ 669,936
▲ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,817
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -302,644 | € -259,553 | € -337,647 | ▼ € 78,094 |
| Profit after taxes | € -323,332 | € -423,241 | € -686,073 | ▼ € 262,831 |
| Equity | € -210,832 | € -634,073 | € 373,777 | ▲ € 1 million |
| Total debts | € 418,002 | € 1,440,909 | € 1,368,919 | ▼ 5% |
| Cash | € 13,601 | € 76,643 | € 372,353 | ▲ € 295,710 |
| Retained profit | € -323,332 | € -746,573 | € -1,432,646 | ▼ € 686,073 |
| Bank debt | € 50,000 | € 1,012,785 | € 551,000 | ▼ 46% |
| Balance sheet total | € 207,170 | € 806,836 | € 1,742,696 | ▲ 116% |
Key figures of Cyclowax, fiscal years 2023 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 Cyclowax?
What happened at Cyclowax in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 686,073. filed late Source: NBB ↗
- Frederik Neus became a director. NBB
- Tim Berx became a director. NBB
- Jakob Lorré became a director. NBB
- J.D.W. MANAGEMENT BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 323,332 loss in 2023 to € 686,073 loss in 2025.
Management
Behind Cyclowax are Frederik Neus, Tim Berx, J.D.W. MANAGEMENT BV and Jakob Lorré. Frederik Neus is also behind FROMES and PROMPTO. J.D.W. MANAGEMENT BV is also behind Visma Bouwsoft, Let's App, Teamleader, D.W. Bouwt and J.D.W. VASTGOED. Jakob Lorré is also behind Stupid Simple.
Directors
According to the 2025 annual accounts
Tim Berx
Director
since 2025
Director · represented by Jeroen De Wit
Also active at: Visma Bouwsoft, Let's App, Teamleader, D.W. Bouwt, J.D.W. VASTGOED, D.W. Investeert
since 2024
since 2025
Establishments
Establishment units
Physical locations of this company
Pantserschipstraat 159 box A
9000 Gent
Tapuitstraat 9
9000 Gent
Active since 6 December 2022
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.469.590
- VAT number
- BE 0794.469.590
- Registered office
- Pantserschipstraat 159 bus A, 9000 Gent
- Names & denominations
- Cyclowax
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in drogisterijartikelen en onderhoudsproducten
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Detailhandel in drogisterijartikelen en onderhoudsproducten in gespecialiseerde winkels
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen
Organisatie van congressen en beurzen
Detailhandel in ICT-apparatuur
Beroepsopleiding
Overige zakelijke dienstverlening, neg
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