ACTIVE

Circle Box

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Financial year 2025 · closed on 31/12/2025

Net result

2,9 k €

+115.3% YoY

Gross margin

5,6 k €

+7.4% YoY

Equity

17,6 k €

+19.7% YoY

What does Circle Box do?

Circle Box is a Private limited company incorporated in 2013. Its main activity is: Technical testing and analysis. Its registered office is in Geel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0533.942.042

Incorporation

03/05/2013

Legal form

Private limited company

Registered office

Oudepostelseweg 5
2440 Geel · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

71209Technical testing and analysis· main 71209Technical testing and analysis 41101Development of building projects 68121Buying and selling of own real estate 72109Research and experimental development on natural sciences and engineering 72190Other research and experimental development on natural sciences and engineering+4

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	5,6 k €	+7.4%	5,2 k €	-58.4%	12,6 k €	+55.5%	8,1 k €	+87.8%	4,3 k €	+154%	-8 k €	-412%	2,6 k €	-79.9%	12,8 k €	+236%	3,8 k €	-72.2%	13,7 k €	+54.3%	8,9 k €	+428%	1,7 k €
EBITDA	5 k €	+203%	-4,8 k €	-140%	12 k €	+59.3%	7,5 k €	+103%	3,7 k €	+143%	-8,6 k €	-537%	2 k €	-83.8%	12,2 k €	+270%	3,3 k €	-74.8%	13,1 k €	+61.8%	8,1 k €	+1232%	606,8 €
Operating result	5 k €	+136%	-13,7 k €	-553%	3 k €	-17.6%	3,7 k €	+30.1%	2,8 k €	+126%	-11 k €	-2925%	-362,1 €	-104%	9,8 k €	+239%	2,9 k €	-77.1%	12,7 k €	+64.9%	7,7 k €	+1168%	606,8 €
Net result	2,9 k €	+115%	-18,9 k €	-734%	3 k €	-19.8%	3,7 k €	+33.2%	2,8 k €	+125%	-11 k €	-2552%	447,8 €	-93.0%	6,4 k €	+171%	2,3 k €	-71.2%	8,1 k €	+64.8%	4,9 k €	+867%	509,8 €
Balance sheet
Equity	17,6 k €	+19.7%	14,7 k €	-56.3%	33,6 k €	+9.8%	30,6 k €	+13.8%	26,9 k €	+11.6%	24,1 k €	-31.3%	35,1 k €	+1.3%	34,7 k €	+22.4%	28,3 k €	+37.6%	20,6 k €	+65.3%	12,4 k €	+65.7%	7,5 k €
Total assets	363,9 k €	-29.5%	516,4 k €	+29.3%	399,4 k €	+27.3%	313,6 k €	+128%	137,4 k €	+56.7%	87,7 k €	-24.7%	116,4 k €	+14.0%	102,1 k €	+48.3%	68,9 k €	+117%	31,7 k €	-12.1%	36,1 k €	+318%	8,6 k €
Cash	15,7 k €	-68.7%	50,3 k €	+889%	5,1 k €	-57.9%	12,1 k €	-73.4%	45,4 k €	+28.0%	35,4 k €	+34.4%	26,4 k €	-43.0%	46,3 k €	+17.0%	39,5 k €	+435%	7,4 k €	+33.3%	5,5 k €	-17.2%	6,7 k €
Debts	346,3 k €	-31.0%	501,7 k €	+37.2%	365,7 k €	+29.2%	283 k €	+156%	110,5 k €	+73.9%	63,5 k €	-21.9%	81,3 k €	+20.6%	67,4 k €	+66.3%	40,6 k €	+264%	11,1 k €	-52.8%	23,6 k €	+2018%	1,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Wim Cornelis

Director · since 07 mai 2013

Active

Ended mandates

Liesbeth Theeuws

Manager · since 07 mai 2013 · until 17 août 2015

Ended

Liesbeth Theeuws

Manager · since 07 mai 2013

Ended

Wim Cornelis

Manager · since 07 mai 2013

Ended

At this address

Other companies at this address

Company	CBE no.
BOX 43● Active	0462.457.693
Epic Immo● Active	0656.684.654
IMOCOR● Active	0449.424.655

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/07/2026	10/06/2025	28/06/2024	14/07/2023	12/05/2022	10/05/2021
General meeting	30/04/2026	24/04/2025	25/04/2024	27/04/2023	28/04/2022	29/04/2021
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

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/04/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	24/04/2025	10/06/2025	Dutch	PDF
Abridged model	31/12/2023	25/04/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	27/04/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/04/2022	12/05/2022	Dutch	PDF
Abridged model	31/12/2020	29/04/2021	10/05/2021	Dutch	PDF
Abridged model	31/12/2019	30/04/2020	02/07/2020	Dutch	PDF
Abridged model	31/12/2018	25/04/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	26/04/2018	03/05/2018	Dutch	PDF
Abridged model	31/12/2016	27/04/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/04/2016	28/04/2016	Dutch	PDF
Abridged model	31/12/2014	30/04/2015	30/04/2015	Dutch	PDF

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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Wim Cornelis

Director · since 07 mai 2013

Active

Ended mandates

Liesbeth Theeuws

Manager · since 07 mai 2013 · until 17 août 2015

Ended

Liesbeth Theeuws

Manager · since 07 mai 2013

Ended

Wim Cornelis

Manager · since 07 mai 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other22/11/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office10/07/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/02/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2015
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other22/05/2013
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20252,9 k €↑
2024
Annual accounts 2024-18,9 k €↓
2023
Annual accounts 20233 k €↓
2022
Annual accounts 20223,7 k €↑
2021
Annual accounts 20212,8 k €↑
2020
Annual accounts 2020-11 k €↓
2019
Annual accounts 2019447,8 €↓
2018
Annual accounts 20186,4 k €↑
2017
Annual accounts 20172,3 k €↓
2016
Annual accounts 20168,1 k €↑
2015
Annual accounts 20154,9 k €↑
2014
Annual accounts 2014509,8 €
03/05/2013
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Circle Box

Overview

What does Circle Box do?

Trend over 12 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline