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Cycle - Kloon

Active
Private limited company (pre-2019)founded 1992active for 34 yearsMadestraat(RAM) 66A, 2230 Herselt, BelgiumKBO/BCE: BE 0446.535.738
Summary

Cycle - Kloon has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €220,265 and a net result of -€65,054. Equity is shrinking by about 4.6% per year across the filed financial years. Its solvency ranks better than 90% of 8,089 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Business and other management consultancy
NACE 70200Cafés and bars NACE 56301
5th oldest company in Herselt, Professional and technical services sector1 site
Size
€234,997total assets 2024
Staff
1.7 FTE
Equity
€220,265
Loss
-€65,054
Turnover not published (abbreviated format)
Financial health
55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Accounts 75 days overdue0 of 3 deeds read
Why 55raises riskCapped at 59: a confirmed filing findingLoss of €65,054, the second in a row (financial year 2024)1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Founded in 1992Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 39% of its sector peers (NACE 70, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 100=
equity 93.7% of total assets
Liquidity 56+2
short-term debt 6.3% · cash 4.6%
Profitability 0-12
return on assets -27.7%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,334 companies, NACE 70, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.9%▲ +0.5 percentage points vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.8%▼ -0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.7%▼ -0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.1 percentage points vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026highest value
Credit of up to €12,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 15.91, compared with 17.72 in 2023, above the usual 1.5; short-term debt: 6.3% and cash: 4.6% of total assets), and 6.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 86% on solvency, 46% on liquidity, 4% on profitability and 21% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Loss of €65,054, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 3 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€65,054
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
60 days late
2023
61 days late
2022
192 days late
2021
557 days late
2020
508 days late
2019
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 247 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2024 -€65,054 View
  • Caution: Among the weakest 8% on net resultsector median €45,728 · 8,091 companies -€65,054 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View

By topic

Financials

Financial year
2024
Total assets
€234,997
Loss
-€65,054
Solvency
93.7%
Total assets▼ 22.3%
Net result
20182024
Go to Financials

Timeline

Events
37
Since
1993
  1. 08-02-2024Annual accounts filed
  2. 31-12-2023Liquidity more than doubled
  3. 21-12-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Business and other management consultancyNACE 70200
Founded
22-01-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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