Cyclo - One
Open bankruptcyA bankruptcy procedure is open for Cyclo - One according to publications in the Belgian State Gazette; curator: MURIEL LAMBOT. The 2024 annual accounts show equity of €123k and a net result of €-78k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2024, micro schema
Turnover
€668k▼ 30.4%
2023 · €959k
2018: €645k
2019: €691k
2020: €552k
2021: €645k
2022: €728k
2023: €959k
2018 → 2024
EBIT margin
-11.1%▼ 15.2pp
2023 · 4.2%
2018: 5.6%
2019: 14.4%
2020: -0.8%
2021: 8.3%
2022: -3.8%
2023: 4.2%
2018 → 2024
Net result
€-78k
2023 · €28k
2018: €21k
2019: €74k
2020: €-6k
2021: €36k
2022: €-30k
2023: €28k
2018 → 2024
Working capital
€90k▼ 45.2%
2023 · €164k
2018: €107k
2019: €168k
2020: €159k
2021: €165k
2022: €134k
2023: €164k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€552k-€645k▲ 16.9%€728k▲ 12.7%€959k▲ 31.8%€668k▼ 30.4%
Equity€167k-€203k▲ 21.4%€173k▼ 14.6%€201k▲ 16.0%€123k▼ 38.8%
Operating result€-5k-€54k€-28k€40k€-74k
Net result€-6k-€36k€-30k€28k€-78k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €74k after €40k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €188k
Fixed assets
€33k▼ 10.7%
Current assets
€155k▼ 43.0%
Equity and liabilities €188k
Equity
€123k▼ 38.8%
Debt
€65k▼ 39.7%
The debt ratio falls from 34.9% to 34.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-68k▼
2023 · €44k
Cash flow
€-72k▼
2023 · €32k
Solvency
65.4%▲
2023 · 65.1%
Current ratio
2.38▼
2023 · 2.52
Quick ratio
1.99▼
2023 · 2.37
Debt / equity
0.53▼
2023 · 0.54
ROE
-63.4%▼
2023 · 13.7%
ROA
-41.4%▼
2023 · 8.9%
Interest coverage
-18.14▼
2023 · 16.54
Debt
€65k▼
2023 · €108k
Debt ≤ 1 year
€65k▼
2023 · €108k
Income taxes
€143▼
2023 · €10k
Staff costs
€142k▼
2023 · €216k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€309k€188k▼
Fixed assets21/28€37k€33k▼
Intangible fixed assets21€26k€23k▼
Tangible fixed assets22/27€5k€5k▼
Furniture and vehicles24€5k€5k▼
Financial fixed assets28€6k€6k=
Current assets29/58€271k€155k▼
Stocks and contracts in progress3€16k€25k▲
Stocks30/36€16k€25k▲
Amounts receivable within one year40/41€216k€129k▼
Trade receivables40€166k€127k▼
Other amounts receivable41€50k€2k▼
Cash at bank and in hand54/58€38k-
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€309k€188k▼
Equity10/15€201k€123k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€141k€141k=
Non-distributable reserves130/1€141k€141k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311€135k€135k=
Profit (loss) carried forward14€-2k€-80k▼
Amounts payable17/49€108k€65k▼
Amounts payable within one year42/48€108k€65k▼
Current portion of amounts payable after more than one year42€8k€0▼
Financial debts43-€12k
Credit institutions430/8-€12k
Trade debts44€43k€5k▼
Suppliers440/4€43k€5k▼
Taxes, remuneration and social security45€19k€34k▲
Remuneration and social security454/9€19k€34k▲
Other amounts payable47/48€37k€14k▼
Income statement
Code20232024
Turnover70€959k€668k▼
Goods, raw materials, services and sundry goods60/61€698k€597k▼
Remuneration, social security and pensions62€216k€142k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A€4k€273▼
Gross operating margin9900€269k€76k▼
Operating profit (loss)9901€40k€-74k▼
Financial income75/76B-€77
Recurring financial income75-€77
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€37k€-78k▼
Income taxes67/77€10k€143▼
Profit (loss) for the period9904€28k€-78k▼
Profit (loss) for the period to be appropriated9905€28k€-78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-80k▼
Profit (loss) brought forward from the previous period14P€-29k€-2k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
04-09
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · CYCLO - ONE (SA) AVENUE LEOPOLD III(PER) 24A, 7134 PERONNES-LEZ-BINCHE · event 31-08-2026
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 152 days late
2024
31-12
Financial
Weakest financial yearnet €-78k ▼383%
Net result drops to €-78k, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial
Equity above €200kEq €201k ▲16%
Equity rises from €173k to €201k.
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-12
Financial
Equity above €200kEq €203k ▲21.4%
Equity rises from €167k to €203k.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
31-12
Financial
Highest result since 2018net €74k ▲253%
Operating result €100k, net result €74k, both a record.
31-12
Financial
Equity above €150kEq €173k ▲50.8%
2 profitable years in a row build equity to €173k.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Binche · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Léopold III(PER) 24A7134 BincheGround area
1,389 m²
Building footprint
511 m²
Volume, LiDAR
3,022 m³
Parcel 55032A0404/00G000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CYCLO-ONE
since 19922.058.272.197
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55032A0404/00G000 | Wallonia | 1,389 m² | 1 · 511 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MURIEL LAMBOT BOULEVARD MAYENCE 7,
6000 CHARLEROI- .
Date provisoire de cessation de paiement : 31/08/2026 |
31-08-2026 → present |
Similar companies · same sector, comparable size
Artisan du châssis
BE 0723.812.218
Quaregnon · Eq €123k
B.K. Services
BE 0450.720.594
Ranst · Eq €123k
G & P TEAM CONSTRUCT
BE 0795.279.244
Sint-Pieters-Leeuw · Eq €123k
SDS Interieur
BE 0778.770.933
Opwijk · Eq €123k
J&D FORDEYN
BE 0848.002.407
Assenede · Eq €123k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,703 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-05-1992
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
46496Wholesale trade
51476
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.