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.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CYKELL from Deerlijk, company number BE0847134058, closed financial year 2025 with a result of € -4,122 after tax. For that financial year CYKELL recorded a gross margin of € 251,702 and equity of € 148,381. Compared with financial year 2024, the result moved from € -196,153 to € -4,122. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 148,381
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,122
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,422
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -451,619.
People and assets in 2025
2.1
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 145,943
▼ 5% vs 2024
€ 69,500 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.
€ 40,338
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 461,791
▼ 29% vs 2024
€ 4,791 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 15,403
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,433
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 278,222 | € 239,213 | € 69,769 | € 251,702 | ▲ 261% |
| Profit after taxes | € 44,397 | € -10,946 | € -196,153 | € -4,122 | ▲ € 192,031 |
| Equity | € 359,602 | € 348,656 | € 152,503 | € 148,381 | ▼ 3% |
| Total debts | € 1,876,492 | € 1,605,301 | € 1,285,885 | € 1,203,149 | ▼ 6% |
| Cash | € 223,299 | € 179,984 | € 35,846 | € 4,422 | ▼ 88% |
| Retained profit | € -240,398 | € -251,344 | € -447,497 | € -451,619 | ▼ € 4,122 |
| Bank debt | € 1,071,400 | € 814,410 | € 647,208 | € 461,791 | ▼ 29% |
| Balance sheet total | € 2,236,094 | € 1,953,957 | € 1,438,387 | € 1,351,530 | ▼ 6% |
| Employees (FTE) | - | 1.9 | 2.5 | 2.1 | ▼ 0.4 |
Key figures of CYKELL, 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 CYKELL?
What happened at CYKELL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,122. Source: NBB ↗
- New establishment in Deerlijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,397 profit in 2022 to € 4,122 loss in 2025.
Paid € 1,127 in corporate taxes since 2022.
Best year ever: 2022, with € 44,397 profit.
On average € 119,900 of value added per employee in 2025.
Management
Behind CYKELL are Marie Neirynck and Philip Sagaert. Philip Sagaert is also behind XAPHINA and MAJARO.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 62 box F
8540 Deerlijk
Nijverheidslaan 60 box B
8540 Deerlijk
Active since 17 July 2012
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Domain
Domain
cykell.com
Registered
2012-05-02
Registrar
Combell NV
Expires
2026-05-02
Website info
Features
Security
Network
Details
- Company number
- 0847.134.058
- VAT number
- BE 0847.134.058
- Registered office
- Nijverheidslaan 62 bus F, 8540 Deerlijk
- Names & denominations
- CYKELL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2012
- Peppol
- Active · Active since 30 Sept 2025
- Contact
- cykell.com +32 (0)56 77 29 55
- Activities · NACE
Groothandel in delen en toebehoren van motorvoertuigen
Vervaardiging van fietsen en invalidenwagens
Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen
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Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Detailhandel in fietsen
Detailhandel in fietsen in gespecialiseerde winkels