CIRIL
0440.712.768 · rovalta.com · 21/09/2026
ACTIVE
CIRIL
Financial year 2025 · closed on 31/12/2025
Net result
4,1 M €
+247.0% YoY
Revenue
22 M €
-45.4% YoY
Equity
29,3 M €
+16.1% YoY
Workforce
7,8 ETP
-2.5% YoY
Overview
What does CIRIL do?
CIRIL is a Public limited company incorporated in 1990. Its registered office is in Hasselt. It employs on average 7,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0440.712.768
Incorporation
07/06/1990
Legal form
Public limited company
Registered office
Herkenrodesingel 4B
3500 Hasselt · FlandreSee on map
3500 Hasselt · FlandreSee on map
Contributed capital
4 650 996,49 €
Latest accounts
31/12/2025
Average workforce
7,8 ETP
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 22 M € | -45.4% | 40,4 M € | +115% | 18,8 M € | -10.6% | 21 M € | -39.7% | 34,9 M € | +31.0% | 26,6 M € | +21.8% | 21,9 M € | +38.1% | 15,8 M € | +9.3% | 14,5 M € | +17.1% | 12,4 M € | -44.7% | 22,4 M € | -3.2% | 23,1 M € | +22.6% | 18,9 M € | +20.6% | 15,6 M € | +143% | 6,4 M € | +5.4% | 6,1 M € | +35.2% | 4,5 M € | +25.2% | 3,6 M € | +18.3% | 3 M € |
| EBITDA | 199,8 k € | +127% | -735,8 k € | +17.3% | -889,4 k € | +48.3% | -1,7 M € | -606% | 340 k € | -39.5% | 562 k € | -70.4% | 1,9 M € | -4.4% | 2 M € | +33.2% | 1,5 M € | -53.7% | 3,2 M € | +44.0% | 2,2 M € | +186% | 782,6 k € | -16.6% | 938,3 k € | +11.0% | 845,5 k € | +1.4% | 833,6 k € | +51.3% | 551,1 k € | +91.2% | 288,3 k € | -43.5% | 510,2 k € | -40.5% | 857,1 k € |
| Operating result | -155,7 k € | -158% | 267,1 k € | +133% | -814,3 k € | -41.3% | -576,5 k € | +58.1% | -1,4 M € | -386% | 480,2 k € | -77.3% | 2,1 M € | +71.0% | 1,2 M € | +53.7% | 804 k € | -72.1% | 2,9 M € | +125% | 1,3 M € | +108% | 616,3 k € | -24.0% | 810,6 k € | +16.7% | 694,7 k € | -1.6% | 706,2 k € | +73.7% | 406,6 k € | +217% | 128,1 k € | -67.9% | 399,6 k € | -36.4% | 628,7 k € |
| Net result | 4,1 M € | +247% | 1,2 M € | -80.3% | 6 M € | +407% | -1,9 M € | -752% | -228,9 k € | -106% | 3,8 M € | +94.1% | 2 M € | +283% | 515,3 k € | -8.9% | 565,9 k € | -70.4% | 1,9 M € | +44.8% | 1,3 M € | +2217% | 57 k € | -90.1% | 575,5 k € | +605% | 81,6 k € | -68.0% | 255 k € | -76.8% | 1,1 M € | +346% | -446,8 k € | -117% | 2,7 M € | +204% | 889,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 29,3 M € | +16.1% | 25,2 M € | +4.9% | 24,1 M € | +33.0% | 18,1 M € | -9.7% | 20 M € | -1.6% | 20,4 M € | +19.6% | 17 M € | +2.2% | 16,7 M € | +2.7% | 16,2 M € | +3.5% | 15,7 M € | +13.9% | 13,8 M € | +10.4% | 12,5 M € | -0.1% | 12,5 M € | +4.6% | 12 M € | +0.5% | 11,9 M € | +2.0% | 11,7 M € | +6.0% | 11 M € | -4.1% | 11,5 M € | +24.5% | 9,2 M € |
| Total assets | 57,5 M € | -12.1% | 65,4 M € | -16.3% | 78,1 M € | +69.6% | 46 M € | +20.8% | 38,1 M € | +3.3% | 36,9 M € | -1.2% | 37,3 M € | +24.2% | 30,1 M € | -8.1% | 32,7 M € | -9.4% | 36,1 M € | +9.6% | 33 M € | -20.6% | 41,6 M € | +6.5% | 39 M € | -1.3% | 39,5 M € | +64.0% | 24,1 M € | +5.8% | 22,8 M € | +37.0% | 16,6 M € | -3.8% | 17,3 M € | +30.9% | 13,2 M € |
| Cash | 1,2 M € | -23.2% | 1,5 M € | +5.9% | 1,4 M € | +8.3% | 1,3 M € | +133% | 563,3 k € | -61.2% | 1,5 M € | -40.9% | 2,5 M € | +51.5% | 1,6 M € | +17.6% | 1,4 M € | -32.4% | 2 M € | +369% | 435,5 k € | +109% | 208,3 k € | -56.5% | 478,5 k € | -77.2% | 2,1 M € | +54.1% | 1,4 M € | +351% | 301,9 k € | -62.6% | 807 k € | -9.0% | 886,8 k € | +622% | 122,8 k € |
| Debts | 28,1 M € | -29.8% | 40,1 M € | -25.6% | 53,9 M € | +94.4% | 27,7 M € | +57.9% | 17,6 M € | +6.4% | 16,5 M € | -18.6% | 20,3 M € | +52.1% | 13,3 M € | -18.2% | 16,3 M € | -18.9% | 20,1 M € | +7.1% | 18,8 M € | -34.4% | 28,6 M € | +10.4% | 25,9 M € | -3.8% | 26,9 M € | +131% | 11,6 M € | +16.9% | 10 M € | +156% | 3,9 M € | +0.7% | 3,9 M € | +54.8% | 2,5 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 7,8 ETP | -2.5% | 8,0 ETP | -8.0% | 8,7 ETP | -10.3% | 9,7 ETP | -1.0% | 9,8 ETP | +7.7% | 9,1 ETP | -17.3% | 11,0 ETP | -9.8% | 12,2 ETP | +16.2% | 10,5 ETP | -4.5% | 11,0 ETP | +0.9% | 10,9 ETP | -17.4% | 13,2 ETP | +4.8% | 12,6 ETP | +7.7% | 11,7 ETP | +13.6% | 10,3 ETP | +15.7% | 8,9 ETP | +21.9% | 7,3 ETP | +46.0% | 5,0 ETP | – | |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 8 active · 39 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Active
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
BONNEFANT● Active | 0566.922.339 |
Craeyenhof● Active | 0404.941.643 |
Craeyenhof Properties● Active | 0677.932.802 |
DAM 71● Active | 0643.904.806 |
DEBUILD● Active | 0749.717.552 |
DEMCOR● Active | 0473.012.085 |
Dem GroupVAT● Active | 0715.490.311 |
DEMOCO● Active | 0440.712.867 |
DEMOCO GROUP● Active | 0479.223.847 |
DOK DEVELOPMENT● Active | 0444.355.515 |
D-Watt● Active | 1002.715.031 |
EZELDIJK DEVELOPMENT● Active | 0848.067.634 |
Hart van Hamme● Active | 0713.699.868 |
Herkenrode Development● Active | 0652.781.195 |
HERK&RED● Active | 0432.874.079 |
NETESTAD IMMO● Active | 0794.720.109 |
SION NETEZICHT● Active | 0844.696.586 |
TERRA● Active | 0879.600.057 |
THV CASINO FURNIBO DEMOCO● Active | 0768.818.634 |
| 0649.450.038 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 02/07/2026 | 05/06/2025 | 11/07/2024 | 03/08/2023 | 14/06/2022 | 15/06/2021 |
| General meeting | 12/06/2026 | 30/05/2025 | 11/07/2024 | 03/08/2023 | 03/06/2022 | 26/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 12/06/2026 | 02/07/2026 | Dutch | |
| Full model | 31/12/2024 | 30/05/2025 | 05/06/2025 | Dutch | |
| Full model | 31/12/2023 | 11/07/2024 | 11/07/2024 | Dutch | |
| Full model | 31/12/2022 | 03/08/2023 | 03/08/2023 | Dutch | |
| Full model | 31/12/2021 | 03/06/2022 | 14/06/2022 | Dutch | |
| Full model | 31/12/2020 | 26/05/2021 | 15/06/2021 | Dutch | |
| Full model | 31/12/2019 | 27/05/2020 | 18/06/2020 | Dutch | |
| Full model | 31/12/2018 | 29/05/2019 | 18/06/2019 | Dutch | |
| Full model | 31/12/2017 | 30/05/2018 | 28/06/2018 | Dutch | |
| Full model | 31/12/2016 | 31/05/2017 | 16/06/2017 | Dutch | |
| Full model | 31/12/2015 | 25/05/2016 | 09/06/2016 | Dutch | |
| Full model | 31/12/2014 | 27/05/2015 | 19/06/2015 | Dutch | |
| Full model | 31/12/2013 | 28/05/2014 | 06/06/2014 | Dutch | |
| Full model | 31/12/2012 | 29/05/2013 | 20/06/2013 | Dutch | |
| Full model | 31/12/2011 | 30/05/2012 | 19/06/2012 | Dutch | |
| Full model | 31/12/2010 | 25/05/2011 | 15/06/2011 | Dutch | |
| Full model | 31/12/2009 | 26/05/2010 | 07/06/2010 | Dutch | |
| Full model | 31/12/2008 | 27/05/2009 | 12/06/2009 | Dutch | |
| Full model | 31/12/2007 | 28/05/2008 | 20/06/2008 | Dutch | |
| Full model | 31/12/2006 | 30/05/2007 | 22/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 8 active · 39 ended
Active mandates
Active
Active
Active
Active
Active
Active
Active
Active
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates07/09/2026Herbenoeming bestuurder
- Mandates04/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates09/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates02/10/2024ONTSLAGEN - BENOEMINGEN
- Other13/03/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
- Mandates02/08/2022ONTSLAGEN - BENOEMINGEN
- Mandates04/03/2022ONTSLAGEN - BENOEMINGEN
- Mandates06/07/2021ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 01/01/2026nominationPhilip Demot — vaste vertegenwoordiger van Democo Group NV
- 01/01/2026nominationVanhout Pieter — Gedelegeerd bestuurder
- 01/01/2026nominationDemot Michel — vaste vertegenwoordiger van Cyga BV
- 01/01/2026nominationRonny Houben — vast vertegenwoordiger van Sarkri NV
- 01/01/2026nominationThibaud Demot — Bestuurder
- 01/01/2026nominationRob Houben — vaste vertegenwoordiger van Juuncoh BV
- 01/01/2026nominationInez Demot — vaste vertegenwoordiger van ID Projecten BV
- 2025Annual accounts 20254,1 M €↑
- 30/05/2025nominationInez Demot — vaste vertegenwoordiger van ID Projecten BV (raad van bestuur)
- 30/05/2025nominationMichel Dupont — commissaris (vertegenwoordiger BDO Bedrijfsrevisoren)
- 30/05/2025nominationGert Maris — commissaris (vertegenwoordiger BDO Bedrijfsrevisoren)
- 2024Annual accounts 20241,2 M €↓
- 11/07/2024nominationRob Houben — bestuurder
- 2023Annual accounts 20236 M €↑
- 2022Annual accounts 2022-1,9 M €↓
- 03/06/2022nominationPieter Vanhout — gedelegeerd bestuurder
- 03/06/2022nominationPieter Vanhout Multidisciplinaire Architectenvennootschap BV — gedelegeerd bestuurder
- 03/06/2022nominationPhilip Demot — Gedelegeerd bestuurder
- 2021Annual accounts 2021-228,9 k €↓
- 03/06/2021reconductionPieter Vanhout Multidisciplinaire Architectenvennootschap BV — bestuurder
- 03/06/2021reconductionBDO Bedrijfsrevisoren BV — commissaris
- 2020Annual accounts 20203,8 M €↑
- 2019Annual accounts 20192 M €↑
- 2019Name changeCiril
- 2017Annual accounts 2017515,3 k €↓
- 2016Annual accounts 2016565,9 k €↓
- 2015Annual accounts 20151,9 M €↑
- 2014Annual accounts 20141,3 M €↑
- 2013Annual accounts 201357 k €↓
- 2012Annual accounts 2012575,5 k €↑
- 2011Annual accounts 201181,6 k €↓
- 2010Annual accounts 2010255 k €↓
- 2010Name changeDMI VASTGOED
- 2009Annual accounts 20091,1 M €↑
- 2008Annual accounts 2008-446,8 k €↓
- 2007Annual accounts 20072,7 M €↑
- 2006Annual accounts 2006889,4 k €
- 2006Name changeDEMOCO MANAGEMENT & INVESTMENT
- 07/06/1990IncorporationPublic limited company