Financials
Financial year 2025
CYCLING GURU'S from Kortenberg, company number BE0799186166, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year CYCLING GURU'S recorded a gross margin of € 444,727 and equity of € 11.7 million. Compared with financial year 2024, the result moved from € -695,095 to € 1.9 million. 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 12, 2026.
€ 11.7 million
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ still € 695,095 loss in 2024
Profit after tax over the fiscal year.
€ 102,242
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 698,383.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 12.8 million
▼ 22% vs 2024
€ 750,000 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 274,009
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 46,657 | € -24,382 | € 444,727 | ▲ € 469,108 |
| Profit after taxes | € -504,050 | € -695,095 | € 1,897,528 | ▲ € 2.6 million |
| Equity | € 8,960,950 | € 8,265,855 | € 11,663,383 | ▲ 41% |
| Total debts | € 15,107,094 | € 17,252,481 | € 13,472,192 | ▼ 22% |
| Cash | € 7,487 | € 963,363 | € 102,242 | ▼ 89% |
| Retained profit | € -504,050 | € -1,199,145 | € 698,383 | ▲ € 1.9 million |
| Bank debt | € 14,189,000 | € 16,340,863 | € 12,812,497 | ▼ 22% |
| Balance sheet total | € 24,068,044 | € 25,518,336 | € 25,135,575 | ▼ 1% |
Key figures of CYCLING GURU'S, 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 CYCLING GURU'S?
What happened at CYCLING GURU'S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VCP GP BV stepped down as director. NBB
- THE WAY TO GO BV stepped down as director. NBB
- VYBROS CAPITAL PARTNERS BV stepped down as director. NBB
- OUT OF THE BOX CONSULT BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.9 million. filed late Source: NBB ↗
- VCP GP BV became a director. NBB
- VYBROS CAPITAL PARTNERS BV became a director. NBB
- New establishment in Kortenberg. KBO
In short
From € 504,050 loss in 2023 to € 1.9 million profit in 2025.
Best year ever: 2025, with € 1.9 million profit.
Management
The stake of Vybros Capital Partners, OUT OF THE BOX CONSULT, THE WAY TO GO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CYCLING GURU'SThe shares are held by Vybros Capital Partners (45%), OUT OF THE BOX CONSULT (26%) and THE WAY TO GO (20%). It owns 100% of LUDO itself.
Directors
According to the 2025 annual accounts
Director · represented by Stijn NAUTS
Also active at: LUDO, KONTRIMO, OBEN RENTING EN SERVICE, LAMBRECHTS KONSTRUKTIE, ALLE BOUW MACHINES, BELFI, Oben Building Machines, VYTECH MENEN +42 more
since 2024 · until 2030
since 2023 · until 2030
Director · represented by Kristof DOCKERS
Also active at: LUDO, JAGA, VERMA ENGINEERING, ALLE BOUW MACHINES, VYTECH MENEN, VYTECH DUFFEL, IMMAN L4, INTERMAT +24 more
since 2024 · until 2030
Managing director · represented by Johan HUYGENS
Also active at: LUDO, SCOTT Sports BeLux
since 2023 · until 2030
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Karel Van Miertstraat 7
3070 Kortenberg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0799.186.166
- VAT number
- BE 0799.186.166
- Registered office
- Karel Van Miertstraat 7, 3070 Kortenberg
- Names & denominations
- CYCLING GURU'S
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2023
- Peppol
- Active · Active since 28 Feb 2025
- Activities · NACE
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