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.
€ 1 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,213
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 204,669
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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
None
No bank loans on the last day of the fiscal year.
€ 422,118
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,843
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,149,895 | - | - | - | |
| Gross margin | € 760,408 | € 514,812 | € 514,732 | € 442,285 | ▼ 14% |
| Profit after taxes | € 206,772 | € 150,584 | € 76,970 | € 54,213 | ▼ 30% |
| Equity | € 879,855 | € 1,005,729 | € 1,082,699 | € 1,036,912 | ▼ 4% |
| Total debts | € 751,961 | € 693,083 | € 656,553 | € 555,960 | ▼ 15% |
| Cash | € 283,122 | € 197,459 | € 208,357 | € 204,669 | ▼ 2% |
| Land & buildings | € 39,056 | € 32,085 | € 25,114 | € 18,143 | ▼ 28% |
| Retained profit | € 360,855 | € 486,729 | € 563,699 | € 517,912 | ▼ 8% |
| Dividend | € 50,000 | € 25,000 | € 0 | € 100,000 | |
| Balance sheet total | € 1,631,816 | € 1,698,812 | € 1,739,252 | € 1,592,872 | ▼ 8% |
| Employees (FTE) | - | 5.1 | 4.7 | 4.3 | ▼ 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:
- New annual accounts for financial year 2025: profit of € 54,213 (▼ 30% vs 2024). Source: NBB ↗
- Hilde Huygens became a director. NBB
- Start of the company according to the CBE. KBO
- 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.
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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
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-PASSIONBehind 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
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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 →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
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