OPENING OF BANKRUPTCY

CIRCLE-PROJECTS AD

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Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result13 k €+111,8 %over 1 year

Revenue46,8 k €+1 004,0 %over 1 year

Equity52,5 k €+32,8 %over 1 year

Identity

Source · BCE/KBO

CIRCLE-PROJECTS AD is a Private company with limited liability incorporated in 2014. Its registered office is in Gent.

Legal situation: Opening of bankruptcy
BCE/KBO no. / VAT: BE 0550.855.080
Incorporation: 24/04/2014
Legal form: Private company with limited liability
Registered office: Franklin Rooseveltlaan 349
9000 Gent · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2023

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 10 filings

Trend over 10 financial years

	2023		2022		2021		2020		2019
Income statement
Revenue	46,8 k €	+1004%	4,2 k €		–		–		–
EBITDA	15,5 k €	+117%	-90,9 k €	-135%	259,8 k €	+278%	68,7 k €	+2200%	-3,3 k €
Operating result	13 k €	+114%	-90,9 k €	-138%	238,1 k €	+262%	65,8 k €	+623%	-12,6 k €
Net result	13 k €	+112%	-109,6 k €	-170%	157,2 k €	+104%	77,1 k €	+779%	-11,4 k €
Balance sheet
Equity	52,5 k €	+32.8%	39,6 k €	-73.5%	149,1 k €	+1938%	-8,1 k €	+90.5%	-85,2 k €
Total assets	61,8 k €	+28.2%	48,2 k €	-95.7%	1,1 M €	-20.2%	1,4 M €	+231%	423,3 k €
Cash	7,3 k €	-62.2%	19,4 k €	+6861%	278,7 €	-99.8%	170,3 k €	+651%	22,7 k €
Debts	9,3 k €	+7.2%	8,7 k €	-99.1%	969,2 k €	-31.3%	1,4 M €	+177%	508,5 k €

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Victor Staes	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Agna Decat	Manager01/10/2015 → 2015 accountsDirector2021 accounts
Agna Fernande Josephine Decat	Manager01/10/2015 → 2016 accounts
Erik Angelo FRANCHITTI	Manager24/04/2014 → 2016 accounts

Other companies at this address

Franklin Rooseveltlaan 349 9000 Gent

Company	CBE no.
A&D TECH● Bankrupt	0770.298.477
Allez Ha● Active	1039.998.069
Architecten A.● Liquidation	0883.872.710
Associatie Farmaceutisch Technisch Assistent België - Assistent Pharmaceutico Technique Association Belgique● Active	0797.537.364
ASSURIMO● Active	0429.965.861
AXIS Decoratie● Active	0777.792.322
BackLAIght● Active	1004.470.533
BAKA HOLDING● Active	0668.608.726
BATCO● Active	0473.616.653
BE4 Management● Active	0723.920.502
BRACKMAN CONSULTANCY● Active	0807.323.377
Bramar● Active	1038.795.368
BUSINESS SOFTWARE SOLUTIONS● Active	0473.726.620
CARLTON S.T.● Bankrupt	0430.215.586
CLECOB● Active	0464.316.135
Cobalt Water EU● Active	0628.843.476
Collective São Gabriel● Active	0899.850.093
Co-Searching● Active	0628.523.178
Demo-Construct Belgium● Bankrupt	0837.877.486
DESTERBECQ DIRECTING● Active	0471.772.267

Full financial information

Source · NBB

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/10/2024	07/10/2024	26/08/2022	29/06/2021	29/06/2020	22/08/2019
General meeting	30/06/2024	30/06/2023	01/06/2022	02/06/2021	03/06/2020	05/06/2019
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	30/06/2024	07/10/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	07/10/2024	Dutch	PDF
Micro model	31/12/2021	01/06/2022	26/08/2022	Dutch	PDF
Micro model	31/12/2020	02/06/2021	29/06/2021	Dutch	PDF
Micro model	31/12/2019	03/06/2020	29/06/2020	Dutch	PDF
Micro model	31/12/2018	05/06/2019	22/08/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	07/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	15/06/2015	Dutch	PDF

Indicative valuation

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 31/12/2023

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Victor Staes	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Agna Decat	Manager01/10/2015 → 2015 accountsDirector2021 accounts
Agna Fernande Josephine Decat	Manager01/10/2015 → 2016 accounts
Erik Angelo FRANCHITTI	Manager24/04/2014 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates02/01/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/01/2023
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates13/04/2016
BENOEMING ZAAKVOERDER
PDF
Mandates10/06/2014
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other28/04/2014
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings10 filings

Mandates

Victor Staes

Agna Fernande Josephine Decat

Agna Decat

Erik Angelo FRANCHITTI

ERIK FRANCHITTI

2014201520162017201820192020202120222023202420252026

CIRCLE-PROJECTS AD

Gentsesteenweg(Kor) 104, 8500 Kortrijk

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Franklin Rooseveltlaan 349, 9000 GentCurrent		CBE
Gentsesteenweg(Kor) 104, 8500 Kortrijk	accounts 2022 → 2023	Accounts 2023 · 2024-00498685
Liersebaan 15, 2980 Zoersel	accounts 2021	Accounts 2021 · 2022-20321497

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CIRCLE-PROJECTS ADCurrent	accounts 2014 → 2023	Accounts 2023 · 2024-00498685

Events

2023
Annual accounts 202313 k €↑
2022
Annual accounts 2022-109,6 k €↓
2021
Annual accounts 2021157,2 k €↑
2020
Annual accounts 202077,1 k €↑
2019
Annual accounts 2019-11,4 k €↑
2018
Annual accounts 2018-31 k €↑
2017
Annual accounts 2017-64,3 k €↓
2016
Annual accounts 20161,7 k €↓
2015
Annual accounts 201520,2 k €↑
2014
Annual accounts 2014-19 k €
24/04/2014
IncorporationPrivate company with limited liability

CIRCLE-PROJECTS AD

Overview

Identity

Financials

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

Timeline

Registered offices

Company names

Events