CYCLIC
Bankruptcy closedInactive since 10-10-2026; last annual accounts for financial year 2022.
Summary
CYCLIC was declared bankrupt on 28-06-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 06-10-2026, published in the Belgian Official Gazette on 13-10-2026.
Financials · financial year 2022, micro format
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result stays negative: a loss of €52,049 in 2022 against €640 in 2021; the loss grows and 2022 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €1,833 | - |
| Other operating charges640/8 | - | - | - | €640 | €238 | ▼ 62.8% |
| Gross operating margin9900 | -€1,157 | -€309 | €147,762 | €0 | -€49,978 | - |
| Operating profit (loss)9901 | -€2,709 | -€309 | €147,762 | -€640 | -€52,049 | ▼ 8,030% |
| Recurring financial income75 | - | €20,012 | - | - | - | - |
| Financial charges65/66B | - | - | - | €588 | €192 | ▼ 67.3% |
| Recurring financial charges65 | €468 | €731 | €705 | €588 | €192 | ▼ 67.3% |
| Profit (loss) for the period before taxes9903 | -€3,177 | €18,972 | €147,057 | -€1,228 | -€52,242 | ▼ 4,155% |
| Income taxes67/77 | - | -€1,327 | €28,234 | - | €22,786 | - |
| Profit (loss) for the period9904 | -€3,177 | €20,299 | €118,823 | -€1,228 | -€75,027 | ▼ 6,011% |
| Profit (loss) for the period to be appropriated9905 | -€3,177 | €20,299 | €118,823 | -€1,228 | -€75,027 | ▼ 6,011% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10,946 | €53 | €150,260 | €150,335 | €89,253 | ▼ 40.6% |
| Fixed assets21/28 | - | - | - | - | €20,167 | - |
| Tangible fixed assets22/27 | - | - | - | €0 | €20,167 | - |
| Furniture and vehicles24 | - | - | - | - | €20,167 | - |
| Current assets29/58 | €10,946 | €53 | €150,260 | €150,335 | €69,086 | ▼ 54.0% |
| Amounts receivable within one year40/41 | €3,833 | €53 | €150,260 | €150,260 | €67,240 | ▼ 55.3% |
| Trade receivables40 | - | - | - | €150,000 | €58,567 | ▼ 61.0% |
| Other amounts receivable41 | - | - | - | €260 | €8,673 | ▲ 33× |
| Current investments50/53 | €183 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €6,930 | - | - | €75 | €1,161 | ▲ 15× |
| Deferred charges and accrued income490/1 | - | - | - | - | €685 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10,946 | €53 | €150,260 | €150,335 | €89,253 | ▼ 40.6% |
| Equity10/15 | -€46,869 | -€26,570 | €92,252 | €91,024 | €15,997 | ▼ 82.4% |
| Contributions10/11 | €6,250 | €6,250 | - | €6,250 | €6,250 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€54,979 | -€34,680 | €84,142 | €82,914 | €7,887 | ▼ 90.5% |
| Amounts payable17/49 | €57,815 | €26,623 | €58,008 | €59,311 | €73,256 | ▲ 23.5% |
| Amounts payable within one year42/48 | €57,815 | €26,623 | €58,008 | €59,311 | €73,256 | ▲ 23.5% |
| Trade debts44 | €25,077 | €2,797 | €1,263 | €1,263 | €21,666 | ▲ 17× |
| Suppliers440/4 | - | - | - | €1,263 | €21,666 | ▲ 17× |
| Taxes, remuneration and social security45 | - | - | - | €28,874 | €51,590 | ▲ 78.7% |
| Taxes450/3 | - | - | - | €28,874 | €51,590 | ▲ 78.7% |
| Other amounts payable47/48 | - | - | - | €29,173 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,177 | €20,299 | €118,823 | -€1,228 | -€75,027 | ▼ 6,011% |
| + Depreciation and write-downs630 | - | - | - | - | €1,833 | - |
| Operating cash flow (approximation) | -€3,177 | €20,299 | €118,823 | -€1,228 | -€73,194 | ▼ 5,862% |
| Change in cash | - | - | - | - | €1,086 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 15-06-2023 | 2023-00149184 |
| 31-12-2021 | micro format | 18-06-2022 | 2022-20082137 |
| 31-12-2020 | micro format | 21-01-2022 | 2022-01800320 |
| 31-12-2019 | micro format | 20-10-2020 | 2020-62200177 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59000044 |
| 31-12-2017 | full format | 21-11-2018 | 2018-72800374 |
| 31-12-2016 | full format | 21-11-2018 | 2018-72800373 |
| 31-12-2015 | full format | 26-09-2016 | 2016-61700420 |
| 31-12-2014 | full format | 25-09-2015 | 2015-60200241 |
| 31-12-2013 | full format | 15-09-2014 | 2014-58600257 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.