What does TOP CYCLES OLEN do?

TOP CYCLES OLEN is a wholesaler in Olen. Public Limited, started on 12 January 2005, 1 establishment.

What is the address of TOP CYCLES OLEN?

The registered office of TOP CYCLES OLEN is located at Stadsestraat 29, 2250 Olen.

Is TOP CYCLES OLEN still active?

Yes. According to the CBE (30 October 2026) TOP CYCLES OLEN is active, legal situation “Normale toestand”, started on 12 January 2005.

Is TOP CYCLES OLEN registered on Peppol?

Yes, TOP CYCLES OLEN is registered on the Peppol network with ID 0208:0871143439.

What is the enterprise number of TOP CYCLES OLEN?

The enterprise number of TOP CYCLES OLEN is BE0871143439.

When was TOP CYCLES OLEN founded?

TOP CYCLES OLEN was founded on 12 January 2005.

Who are the directors of TOP CYCLES OLEN?

According to the 2025 annual accounts, the directors of TOP CYCLES OLEN are: Eddy Van Hemelen.

Is TOP CYCLES OLEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 January 2005; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did TOP CYCLES OLEN make in 2025?

TOP CYCLES OLEN posted a profit after taxes of € 257,328 in financial year 2025.

What is the revenue of TOP CYCLES OLEN?

As a small company, TOP CYCLES OLEN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 913,420.

How much does an employee at TOP CYCLES OLEN earn?

The average wage cost per full-time employee at TOP CYCLES OLEN was € 97,200 in 2025: staff costs of € 583,440 for 6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TOP CYCLES OLEN have?

According to the 2025 annual accounts, TOP CYCLES OLEN has 6 full-time equivalents (FTE).

TOP CYCLES OLEN (Public Limited) - Olen - BE0871143439

Dossier TOP CYCLES OLEN, printed on 30 October 2026 from databakkes.be/en/0871143439/top-cycles-olen. 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 6.8 to 6.

Financials

Financial year 2025

TOP CYCLES OLEN from Olen, company number BE0871143439, closed financial year 2025 with a result of € 257,328 after tax. For that financial year TOP CYCLES OLEN recorded a gross margin of € 913,420 and equity of € 793,014. Compared with financial year 2024, the result moved from € 254,172 to € 257,328. Profitable, and profit is growing. The buffer shrank hard: equity is 61 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 17, 2026.

What it is worth Shrank hard

€ 793,014

▼ 61% vs 2024

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

Profit Growing

€ 257,328

▲ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 440,699

▲ € 412,614 vs 2024

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

Where the profit goes Pays out

€ 1.5 million paid out

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

People and assets in 2025

Full-time equivalents

▼ 0.7 vs 2024

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

Wage cost

€ 583,440

▼ 7% vs 2024

€ 97,200 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.

Vehicles and equipment

€ 11,764

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 10,155

▲ 3% vs 2024

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

Taxes and wages

€ 117,685

▼ 12% 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
Gross margin	€ 768,004 Gross margin 2022: € 768,004 First fiscal year in the series	€ 926,889 Gross margin 2023: € 926,889 ▲ 21% vs 2022 (€ 768,004) Favourable step	€ 936,804 Gross margin 2024: € 936,804 ▲ 1% vs 2023 (€ 926,889) Favourable step	€ 913,420 Gross margin 2025: € 913,420 ▼ 2% vs 2024 (€ 936,804) Unfavourable step	▼ 2%
Profit after taxes	€ 213,172 Profit after taxes 2022: € 213,172 First fiscal year in the series	€ 209,708 Profit after taxes 2023: € 209,708 ▼ 2% vs 2022 (€ 213,172) Unfavourable step	€ 254,172 Profit after taxes 2024: € 254,172 ▲ 21% vs 2023 (€ 209,708) Favourable step	€ 257,328 Profit after taxes 2025: € 257,328 ▲ 1% vs 2024 (€ 254,172) Favourable step	▲ 1%
Equity	€ 1,738,413 Equity 2022: € 1,738,413 First fiscal year in the series	€ 1,781,513 Equity 2023: € 1,781,513 ▲ 2% vs 2022 (€ 1,738,413) Favourable step	€ 2,035,685 Equity 2024: € 2,035,685 ▲ 14% vs 2023 (€ 1,781,513) Favourable step	€ 793,014 Equity 2025: € 793,014 ▼ 61% vs 2024 (€ 2,035,685) Unfavourable step	▼ 61%
Total debts	€ 90,991 Total debts 2022: € 90,991 First fiscal year in the series	€ 130,414 Total debts 2023: € 130,414 ▲ 43% vs 2022 (€ 90,991) Unfavourable step	€ 143,943 Total debts 2024: € 143,943 ▲ 10% vs 2023 (€ 130,414) Unfavourable step	€ 127,840 Total debts 2025: € 127,840 ▼ 11% vs 2024 (€ 143,943) Favourable step	▼ 11%
Cash	€ 53,631 Cash 2022: € 53,631 First fiscal year in the series	€ 35,913 Cash 2023: € 35,913 ▼ 33% vs 2022 (€ 53,631) Unfavourable step	€ 28,085 Cash 2024: € 28,085 ▼ 22% vs 2023 (€ 35,913) Unfavourable step	€ 440,699 Cash 2025: € 440,699 ▲ € 412,614 vs 2024 (€ 28,085) Favourable step	▲ € 412,614
Retained profit	€ 1,676,413 Retained profit 2022: € 1,676,413 First fiscal year in the series	€ 1,719,513 Retained profit 2023: € 1,719,513 ▲ 3% vs 2022 (€ 1,676,413) Favourable step	€ 1,973,685 Retained profit 2024: € 1,973,685 ▲ 15% vs 2023 (€ 1,719,513) Favourable step	€ 731,014 Retained profit 2025: € 731,014 ▼ 63% vs 2024 (€ 1,973,685) Unfavourable step	▼ 63%
Dividend	€ 127,673 Dividend 2022: € 127,673 First fiscal year in the series	€ 166,607 Dividend 2023: € 166,607 ▲ 30% vs 2022 (€ 127,673) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 166,607) Unchanged	€ 1,500,000 Dividend 2025: € 1,500,000 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,829,404 Balance sheet total 2022: € 1,829,404 First fiscal year in the series	€ 1,911,927 Balance sheet total 2023: € 1,911,927 ▲ 5% vs 2022 (€ 1,829,404) Unchanged	€ 2,179,629 Balance sheet total 2024: € 2,179,629 ▲ 14% vs 2023 (€ 1,911,927) Unchanged	€ 920,853 Balance sheet total 2025: € 920,853 ▼ 58% vs 2024 (€ 2,179,629) Unchanged	▼ 58%
Employees (FTE)	6 Employees (FTE) 2022: 6 First fiscal year in the series	6.8 Employees (FTE) 2023: 6.8 ▲ 0.8 vs 2022 (6) Unchanged	6.7 Employees (FTE) 2024: 6.7 ▼ 0.1 vs 2023 (6.8) Unchanged	6 Employees (FTE) 2025: 6 ▼ 0.7 vs 2024 (6.7) Unchanged	▼ 0.7

Key figures of TOP CYCLES OLEN, 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 TOP CYCLES OLEN?

What happened at TOP CYCLES OLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2026 Eddy Van Hemelen stepped down as director. NBB
Feb 17, 2026 New annual accounts for financial year 2025: profit of € 257,328 (▲ 1% vs 2024). Source: NBB ↗
2020 Eddy Van Hemelen became a director. NBB
Apr 12, 2005 New establishment in Olen. KBO
Jan 12, 2005 Start of the company according to the CBE. KBO

In short

From € 213,172 profit in 2022 to € 257,328 profit in 2025.

Paid € 331,499 in corporate taxes since 2022.

Best year ever: 2025, with € 257,328 profit.

On average € 152,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Eddy Van Hemelen

Managing director

Also active at: Norta

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Stadsestraat 29

2250 Olen

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

Details

Company number

0871.143.439

VAT number

BE 0871.143.439

Registered office

Stadsestraat 29, 2250 Olen

Names & denominations

TOP CYCLES OLEN · T.C.O.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

12 January 2005

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen

Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed

Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen

Handel in en onderhoud en reparatie van motorrijwielen en onderdelen en toebehoren van motorrijwielen

Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen

Vervaardiging van motorfietsen

Vervaardiging van fietsen en invalidenwagens

Reparatie en onderhoud van consumentenartikelen, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

TOP CYCLES OLEN