ACTIVE

Circograf-Belgique

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Financial year 2025 · Closed on 31/12/2025

Net result159,7 k €-22,4 %over 1 year
Gross margin451,9 k €+4,3 %over 1 year
Equity890,2 k €+14,8 %over 1 year
Workforce3,1 ETP+55,0 %over 1 year

Identity

Source · BCE/KBO

Circograf-Belgique is a Private limited company incorporated in 1971. Its main activity is: Other retail sale of new goods in specialised stores. Its registered office is in La Hulpe. It employs on average 3,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0408.282.896
Incorporation
22/04/1971
Legal form
Private limited company
Registered office
Avenue du Parc 31
1310 La Hulpe · WallonieSee on map
Contributed capital
33 584,27 €
Latest accounts
31/12/2025
Average workforce
3,1 ETP
Joint committees (1)
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin451,9 k €433,2 k €334,7 k €237,6 k €118,5 k €
EBITDA280,7 k €333,8 k €246,5 k €152,6 k €93,9 k €
Operating result216,6 k €281,7 k €212,3 k €125,6 k €68,4 k €
Net result159,7 k €205,8 k €166 k €86,7 k €47,7 k €
Balance sheet
Equity890,2 k €775,4 k €614,6 k €448,6 k €446,9 k €
Total assets1,2 M €1,1 M €954,2 k €705,3 k €625,4 k €
Cash451,3 k €355,1 k €401,2 k €383,3 k €382,9 k €
Debts341,2 k €327,5 k €339,6 k €256,7 k €178,5 k €
Other
Workforce3,1 ETP2,0 ETP1,7 ETP2,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Gaëtan VERMEULEN

Director

Active
GAEVER

Director · 0803.848.205

Represented by Gaëtan VERMEULEN

Active
Jean-Luc VERMEULEN

Director

Active

Ended mandates

GAEVER

Director · since 23 mars 2024 · 0803.848.205

Represented by Gaëtan Vermeulen

Ended
GAEVER

Director · since 22 mars 2024 · 0803.848.205

Represented by Gaëtan VERMEULEN

Ended
Gaëtan VERMEULEN

Director · since 01 juillet 2020

Ended
Jean-Luc VERMEULEN

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202626/06/202518/04/202415/05/202331/05/202227/05/2021
General meeting07/04/202620/06/202502/04/202402/05/202303/05/202204/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/04/202623/04/2026FrenchPDF
Abridged model31/12/202420/06/202526/06/2025FrenchPDF
Abridged model31/12/202302/04/202418/04/2024FrenchPDF
Abridged model31/12/202202/05/202315/05/2023FrenchPDF
Abridged model31/12/202103/05/202231/05/2022FrenchPDF
Abridged model31/12/202004/05/202127/05/2021FrenchPDF
Micro model31/12/201905/05/202027/05/2020FrenchPDF
Micro model31/12/201807/05/201923/05/2019FrenchPDF
Micro model31/12/201702/05/201804/05/2018FrenchPDF
Micro model31/12/201602/05/201708/05/2017FrenchPDF
Abridged model31/12/201503/05/201623/05/2016FrenchPDF
Abridged model31/12/201405/05/201504/06/2015FrenchPDF
Abridged model31/12/201306/05/201413/06/2014FrenchPDF
Abridged model31/12/201207/05/201329/05/2013FrenchPDF
Abridged model31/12/201102/05/201218/06/2012FrenchPDF
Abridged model31/12/201003/05/201110/06/2011FrenchPDF
Abridged model31/12/200904/05/201030/07/2010FrenchPDF
Abridged model31/12/200805/05/200920/07/2009FrenchPDF
Abridged model31/12/200720/06/200802/07/2008FrenchPDF
Abridged model31/12/200628/06/200718/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Gaëtan VERMEULEN

Director

Active
GAEVER

Director · 0803.848.205

Represented by Gaëtan VERMEULEN

Active
Jean-Luc VERMEULEN

Director

Active

Ended mandates

GAEVER

Director · since 23 mars 2024 · 0803.848.205

Represented by Gaëtan Vermeulen

Ended
GAEVER

Director · since 22 mars 2024 · 0803.848.205

Represented by Gaëtan VERMEULEN

Ended
Gaëtan VERMEULEN

Director · since 01 juillet 2020

Ended
Jean-Luc VERMEULEN

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/08/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/10/2020
    DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025159,7 k €↓
  2. 2024
    Annual accounts 2024205,8 k €↑
  3. 2023
    Annual accounts 2023166 k €↑
  4. 2022
    Annual accounts 202286,7 k €↑
  5. 2021
    Annual accounts 202147,7 k €↑
  6. 2020
    Annual accounts 202045 k €↓
  7. 2019
    Annual accounts 201973,2 k €↑
  8. 2018
    Annual accounts 201860,2 k €↑
  9. 2017
    Annual accounts 201740,5 k €↑
  10. 2016
    Annual accounts 201615,9 k €↓
  11. 2015
    Annual accounts 201536,6 k €↑
  12. 2014
    Annual accounts 201421,6 k €↑
  13. 2013
    Annual accounts 201320 k €↑
  14. 2012
    Annual accounts 201214,1 k €↓
  15. 2011
    Annual accounts 201118,4 k €↑
  16. 2010
    Annual accounts 20108,1 k €↑
  17. 2009
    Annual accounts 20095,1 k €↑
  18. 2008
    Annual accounts 20081,1 k €↑
  19. 2007
    Annual accounts 2007-6,6 k €↓
  20. 2006
    Annual accounts 200616,5 k €
  21. 22/04/1971
    IncorporationPrivate limited company