What does CYCLE-PASSION do?

CYCLE-PASSION is a wholesaler in Steenokkerzeel. Private Limited, started on 26 March 2009, 1 establishment.

What is the address of CYCLE-PASSION?

The registered office of CYCLE-PASSION is located at Kalkoven 6, 1820 Steenokkerzeel.

Is CYCLE-PASSION still active?

Yes. According to the CBE (29 October 2026) CYCLE-PASSION is active, legal situation “Normale toestand”, started on 26 March 2009.

Is CYCLE-PASSION registered on Peppol?

Yes, CYCLE-PASSION is registered on the Peppol network with ID 0208:0810709469.

What is the enterprise number of CYCLE-PASSION?

The enterprise number of CYCLE-PASSION is BE0810709469.

When was CYCLE-PASSION founded?

CYCLE-PASSION was founded on 26 March 2009.

Who are the directors of CYCLE-PASSION?

According to the 2025 annual accounts, the directors of CYCLE-PASSION are: Hilde Huygens.

Is CYCLE-PASSION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 March 2009; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did CYCLE-PASSION make in 2025?

CYCLE-PASSION posted a profit after taxes of € 54,213 in financial year 2025.

What is the revenue of CYCLE-PASSION?

As a small company, CYCLE-PASSION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 442,285.

How much does an employee at CYCLE-PASSION earn?

The average wage cost per full-time employee at CYCLE-PASSION was € 78,500 in 2025: staff costs of € 337,704 for 4.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CYCLE-PASSION have?

According to the 2025 annual accounts, CYCLE-PASSION has 4.3 full-time equivalents (FTE).

CYCLE-PASSION (Private Limited) - Steenokkerzeel

Dossier CYCLE-PASSION, printed on 29 October 2026 from databakkes.be/en/0810709469/cycle-passion. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 5.1 to 4.3.

Financials

Financial year 2025

CYCLE-PASSION from Steenokkerzeel, company number BE0810709469, closed financial year 2025 with a result of € 54,213 after tax. For that financial year CYCLE-PASSION recorded a gross margin of € 442,285 and equity of € 1 million. Compared with financial year 2024, the result moved from € 76,970 to € 54,213. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Healthy

€ 1 million

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 54,213

▼ 30% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 204,669

▼ 2% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

4.3

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 337,704

▼ 3% vs 2024

€ 78,500 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 422,118

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 33,843

▼ 36% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 2,149,895 Revenue 2022: € 2,149,895 First fiscal year in the series	-	-	-
Gross margin	€ 760,408 Gross margin 2022: € 760,408 First fiscal year in the series	€ 514,812 Gross margin 2023: € 514,812 ▼ 32% vs 2022 (€ 760,408) Unfavourable step	€ 514,732 Gross margin 2024: € 514,732 Unchanged (€ 514,812) Unfavourable step	€ 442,285 Gross margin 2025: € 442,285 ▼ 14% vs 2024 (€ 514,732) Unfavourable step	▼ 14%
Profit after taxes	€ 206,772 Profit after taxes 2022: € 206,772 First fiscal year in the series	€ 150,584 Profit after taxes 2023: € 150,584 ▼ 27% vs 2022 (€ 206,772) Unfavourable step	€ 76,970 Profit after taxes 2024: € 76,970 ▼ 49% vs 2023 (€ 150,584) Unfavourable step	€ 54,213 Profit after taxes 2025: € 54,213 ▼ 30% vs 2024 (€ 76,970) Unfavourable step	▼ 30%
Equity	€ 879,855 Equity 2022: € 879,855 First fiscal year in the series	€ 1,005,729 Equity 2023: € 1,005,729 ▲ 14% vs 2022 (€ 879,855) Favourable step	€ 1,082,699 Equity 2024: € 1,082,699 ▲ 8% vs 2023 (€ 1,005,729) Favourable step	€ 1,036,912 Equity 2025: € 1,036,912 ▼ 4% vs 2024 (€ 1,082,699) Unfavourable step	▼ 4%
Total debts	€ 751,961 Total debts 2022: € 751,961 First fiscal year in the series	€ 693,083 Total debts 2023: € 693,083 ▼ 8% vs 2022 (€ 751,961) Favourable step	€ 656,553 Total debts 2024: € 656,553 ▼ 5% vs 2023 (€ 693,083) Favourable step	€ 555,960 Total debts 2025: € 555,960 ▼ 15% vs 2024 (€ 656,553) Favourable step	▼ 15%
Cash	€ 283,122 Cash 2022: € 283,122 First fiscal year in the series	€ 197,459 Cash 2023: € 197,459 ▼ 30% vs 2022 (€ 283,122) Unfavourable step	€ 208,357 Cash 2024: € 208,357 ▲ 6% vs 2023 (€ 197,459) Favourable step	€ 204,669 Cash 2025: € 204,669 ▼ 2% vs 2024 (€ 208,357) Unfavourable step	▼ 2%
Land & buildings	€ 39,056 Land & buildings 2022: € 39,056 First fiscal year in the series	€ 32,085 Land & buildings 2023: € 32,085 ▼ 18% vs 2022 (€ 39,056) Unchanged	€ 25,114 Land & buildings 2024: € 25,114 ▼ 22% vs 2023 (€ 32,085) Unchanged	€ 18,143 Land & buildings 2025: € 18,143 ▼ 28% vs 2024 (€ 25,114) Unchanged	▼ 28%
Retained profit	€ 360,855 Retained profit 2022: € 360,855 First fiscal year in the series	€ 486,729 Retained profit 2023: € 486,729 ▲ 35% vs 2022 (€ 360,855) Favourable step	€ 563,699 Retained profit 2024: € 563,699 ▲ 16% vs 2023 (€ 486,729) Favourable step	€ 517,912 Retained profit 2025: € 517,912 ▼ 8% vs 2024 (€ 563,699) Unfavourable step	▼ 8%
Dividend	€ 50,000 Dividend 2022: € 50,000 First fiscal year in the series	€ 25,000 Dividend 2023: € 25,000 ▼ 50% vs 2022 (€ 50,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 25,000) Unchanged	€ 100,000 Dividend 2025: € 100,000 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,631,816 Balance sheet total 2022: € 1,631,816 First fiscal year in the series	€ 1,698,812 Balance sheet total 2023: € 1,698,812 ▲ 4% vs 2022 (€ 1,631,816) Unchanged	€ 1,739,252 Balance sheet total 2024: € 1,739,252 ▲ 2% vs 2023 (€ 1,698,812) Unchanged	€ 1,592,872 Balance sheet total 2025: € 1,592,872 ▼ 8% vs 2024 (€ 1,739,252) Unchanged	▼ 8%
Employees (FTE)	-	5.1 Employees (FTE) 2023: 5.1 First fiscal year in the series	4.7 Employees (FTE) 2024: 4.7 ▼ 0.4 vs 2023 (5.1) Unchanged	4.3 Employees (FTE) 2025: 4.3 ▼ 0.4 vs 2024 (4.7) Unchanged	▼ 0.4

Key figures of CYCLE-PASSION, 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 July 2027.

What happened to CYCLE-PASSION?

What happened at CYCLE-PASSION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 54,213 (▼ 30% vs 2024). Source: NBB ↗
2021 Hilde Huygens became a director. NBB
Mar 26, 2009 Start of the company according to the CBE. KBO
Mar 20, 2009 New establishment in Steenokkerzeel. KBO

In short

From € 206,772 profit in 2022 to € 54,213 profit in 2025.

Paid € 188,735 in corporate taxes since 2022.

Best year ever: 2022, with € 206,772 profit.

On average € 102,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

THE WAY TO GO 50%

OUT OF THE BOX CONSULT 50%

The stake of THE WAY TO GO, OUT OF THE BOX CONSULT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CYCLE-PASSION

Behind CYCLE-PASSION is Hilde Huygens. The shares are held by THE WAY TO GO (50%) and OUT OF THE BOX CONSULT (50%).

Directors

According to the 2025 annual accounts

Hilde Huygens

Director

Also active at: LUDO, JOHILIA, THE WAY TO GO, CYCLING GURU'S

since 2021

Shareholders

THE WAY TO GO

50%

OUT OF THE BOX CONSULT

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kalkoven 6

1820 Steenokkerzeel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

CP-MOC

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0810.709.469

VAT number

BE 0810.709.469

Registered office

Kalkoven 6, 1820 Steenokkerzeel

Names & denominations

CYCLE-PASSION

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 March 2009

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Groothandel in fietsen

Detailhandel in fietsen

Detailhandel in fietsen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

CYCLE-PASSION

Warning lights

Financials

What happened to CYCLE-PASSION?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions