Debts
€187,066 92% of the balance sheet
Financial debts 6%Suppliers 10%Taxes and wages 10%Other 74%
Of this, €176,763 falls due within a year.
CYCLOON
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €186,305 (2025)
€186,305▲ 15.6%
lowest -€39,869 (2010)
€30,859▲ 115%
peak €16,837 (2025)
€16,837▲ €30,859
€187,066▼ 5.3%
peak 6.9 FTE (2013)
-not published
Board5 names since 1999
4 directors and 3 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €161,132 to €186,305Result from €14,331 to €30,859Equity from -€14,023 to €16,837Cash from €6,606 to €15,580
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 934 companies had the same profile as CYCLOON has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.8%
stopped another way
1.9%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 934 companies, not a prediction for CYCLOON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Managing director
Managing director
Director, since 12-12-2023
Director, since 12-12-2023
Recent changes
2 directors resigning, 2 reappointments
Resignations: and · Reappointments: (director) and (director) · “De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of…” (deed in Dutch) · General meeting of 12-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452228351
2 directors appointed, 1 resignation, 3 reappointments
Reappointments: , and · Appointments: (managing director) and (managing director) · Resignation: · General meeting of 29-03-2021 · Gazette deed
First establishment
Sint-Pietersstraat 11, Ledegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CYCLOON Ledegem | €203,903 | €186,305 | 8.3% | - |
| 't GOED TER COUTEREN Ingelmunster | €189,205 | €171,350 | 52.9% | - |
| 't Houten Hand Knokke-Heist | €243,580 | €185,017 | 25.1% | - |
| LE PRESIDENT De Panne | €208,867 | €148,377 | 91.4% | - |
| WAI WAH Heist-op-den-Berg | €190,856 | €181,287 | 61.6% | - |
| LES OLIVADES Waterloo | €214,101 | €207,072 | -81.5% | - |
| LE SULTAN Seraing | €212,949 | €173,139 | 29.7% | - |
These companies have the same main activity as CYCLOON: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €189,000 and €244,000, founded between 1991 and 1995.
Official details
Source: KBO- Status
- Active since 30-03-1994Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.067.290.8238880 Ledegem, since 27-06-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Annual accounts 2025
- ≈ €540,000estimated
- €203,903▲ 11.2%
- Employeeson 31-12-2025
- 3▲ 50.0%
- Filing
- Filed on 31-08-2026
Insights on CYCLOON
CYCLOON files the micro format. That format states no turnover. The gross margin rose from €81,428 in 2006 to €186,305 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CYCLOON
- What is the company number of CYCLOON?
- The company number of CYCLOON is 0452.228.351. The VAT number is the same number with BE in front: BE 0452.228.351.
- Where is CYCLOON based?
- The registered office is at Sint-Pietersstraat 11, 8880 Ledegem.Company details
- What does CYCLOON do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of CYCLOON?
- CYCLOON is a public limited company (NV).
- When was CYCLOON founded?
- CYCLOON was founded on 30-03-1994.
- Is CYCLOON still active?
- Yes, CYCLOON is an active enterprise in the KBO register.
- How many employees does CYCLOON have?
- CYCLOON had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CYCLOON fall under?
- In its 2025 annual accounts, CYCLOON states joint committee 302 (Hotels and catering).
- What is the turnover of CYCLOON?
- The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €186,305 and 87 comparable companies (NACE 56111). It probably lies between €450,000 and €660,000.
- Is CYCLOON profitable?
- In financial year 2025, CYCLOON made a profit of €30,859.
- Where can I find the annual accounts of CYCLOON?
- CYCLOON filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CYCLOON due?
- CYCLOON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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