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 1 to 0.
-
Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Cyclomedica Benelux from Etterbeek, company number BE0886846947, closed financial year 2025 with a result of € 171,884 after tax. For that financial year Cyclomedica Benelux recorded a gross margin of € 188,893 and equity of € 430,093. Compared with financial year 2024, the result moved from € 94,620 to € 171,884. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 430,093
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 171,884
▲ 82% vs 2024
Profit after tax over the fiscal year.
€ 684,051
▲ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
87 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 866,684
▲ 100% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,879
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 807,643 | - | € 1,945,524 | - | |
| Gross margin | € 99,911 | € 242,052 | € 239,561 | € 188,893 | ▼ 21% |
| Profit after taxes | € -45,461 | € 128,058 | € 94,620 | € 171,884 | ▲ 82% |
| Equity | € 185,531 | € 313,589 | € 408,209 | € 430,093 | ▲ 5% |
| Total debts | € 177,583 | € 227,605 | € 442,843 | € 895,746 | ▲ 102% |
| Cash | € 266,669 | € 337,112 | € 478,998 | € 684,051 | ▲ 43% |
| Retained profit | € 166,931 | € 294,989 | € 389,609 | € 411,493 | ▲ 6% |
| Dividend | € 0 | € 0 | € 0 | € 150,000 | |
| Balance sheet total | € 363,114 | € 541,194 | € 851,052 | € 1,325,839 | ▲ 56% |
| Employees (FTE) | 0.8 | 1 | 0.4 | 0 | ▼ 0.4 |
Key figures of Cyclomedica Benelux, 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 Cyclomedica Benelux?
What happened at Cyclomedica Benelux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 171,884 (▲ 82% vs 2024). Source: NBB ↗
- James Mc Brayer became a director. NBB
- Mathew Farag became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,461 loss in 2022 to € 171,884 profit in 2025.
Paid € 14,879 in corporate taxes since 2022.
Best year ever: 2025, with € 171,884 profit.
On average € 242,100 of value added per employee in 2023.
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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
Behind Cyclomedica Benelux are James Mc Brayer and Mathew Farag.
Directors
According to the 2025 annual accounts
James Mc Brayer
Director
since 2020
Mathew Farag
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Frankenstraat 79
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
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€ 48.8 million revenue · 2025
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€ 2.9 million revenue · 2025
TRAVEL TEAM CONSULT and REPRESENTATIVE
€ 1 million gross margin · 2025
Axemédia
€ 1.5 million gross margin · 2025
MICRO - FM
€ 13,547 gross margin · 2025
+37 more
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
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
cyclomedica.eu
Registrar
GoDaddy.com, LLC
Website info
Features
Security
Network
Details
- Company number
- 0886.846.947
- VAT number
- BE 0886.846.947
- Registered office
- Frankenstraat 79, 1040 Etterbeek
- Names & denominations
- Cyclomedica Benelux
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2007
- Peppol
- Active · Active since 19 Jan 2026
- Contact
- cyclomedica.eu
- Activities · NACE
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