The modelling cycle is a theoretical construct frequently applied in research studies on mathematical modelling. On the one hand, the modelling cycle highlights essential aspects of modelling, which makes it a tool for conceptualizing. On the other hand, the modeling cycle can be used as a research tool for analysis of students’ work. In the latter case, it has the limitation of primarily yielding results of a cognitive nature. We sought ways to include other aspects to analyze, such as metacognitive strategies, tool use, and social norms. These aspects support and change the cognitive activities involved in mathematical modelling practice. Rather than the standard modelling cycle, we propose an enriched modelling cycle with overarching layers for analysis of results. The enriched modelling cycle is a wider theoretical framework with interacting dimensions that affect the phases in the modelling cycle. We discuss potentials and challenges of this framework for new research studies.