OPENING OF BANKRUPTCY

CIRKULES

Financial year 2020 · closed on 31/12/2020
Net result
-251,8 k €
-287.1% YoY
Gross margin
-68,6 k €
-137.3% YoY
Equity
30,9 k €
-88.2% YoY

Company — Opening of bankruptcy.

What does CIRKULES do?

CIRKULES is a Public limited company incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Ixelles.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0675.913.321
Incorporation
22/05/2017
Legal form
Public limited company
Registered office
Avenue Louise 367
1050 Ixelles · BruxellesSee on map
Contributed capital
70 000,00 €
Latest accounts
31/12/2020
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202020182017
Income statement
Gross margin-68,6 k €183,6 k €82,4 k €
EBITDA-240,3 k €183,2 k €82,0 k €
Operating result-241,5 k €181,5 k €81,3 k €
Net result-251,8 k €134,6 k €58,3 k €
Balance sheet
Equity30,9 k €262,9 k €516,8 k €
Total assets1,2 M €1,3 M €571,7 k €
Cash45,7 k €2,2 k €92,1 k €
Debts1,2 M €990,0 k €54,9 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 5 ended

Active mandates

Werner De Groodt

Managing director · since 02 juin 2018 · until 17 mai 2024

Active
Sabah Abatouy

Director · since 22 mai 2017 · until 20 mai 2022

Active

Ended mandates

Werner De Groodt

Mandate · since 02 mai 2019 · until 17 mai 2024

Ended
Philippe Boone

Mandate · since 22 mai 2017 · until 02 juin 2018

Ended
Sabah Abatouy

Managing director · since 22 mai 2017 · until 20 mai 2022

Ended
Philippe Boone

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
3.lifeActive
0649.869.811
3 Points AgencyActive
0766.899.321
0795.976.852
ABOUT ITActive
0597.728.054
Abzoom CompanyActive
0597.899.684
ACIES UNITActive
1032.093.262
AC INTEGRATORActive
1042.611.626
A.C.I. RENOVATIONBankrupt
0718.650.531
0632.956.474
0784.728.119
0477.082.919
AEROMEITActive
1033.934.579
AGL KALOActive
1019.456.835
0768.943.150
AJP ADVISORYActive
0791.524.948
AKATSAActive
1011.876.284
AkonitiActive
0797.886.861
AK PROBankrupt
0747.924.042
A&L COMPANYBankrupt
0760.807.028
ALEKTORActive
0554.840.394
Annual accounts

Full financial information

2020201920182017
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202001/01/201901/01/201822/05/2017
Closing of the financial year31/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months8 months
Filing date29/11/202129/10/202031/07/201928/01/2019
General meeting25/11/202121/10/202031/07/201918/05/2018
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202025/11/202129/11/2021DutchPDF
Micro model31/12/201921/10/202029/10/2020DutchPDF
Micro model31/12/201831/07/201931/07/2019DutchPDF
Micro model31/12/201718/05/201828/01/2019DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 5 ended

Active mandates

Werner De Groodt

Managing director · since 02 juin 2018 · until 17 mai 2024

Active
Sabah Abatouy

Director · since 22 mai 2017 · until 20 mai 2022

Active

Ended mandates

Werner De Groodt

Mandate · since 02 mai 2019 · until 17 mai 2024

Ended
Philippe Boone

Mandate · since 22 mai 2017 · until 02 juin 2018

Ended
Sabah Abatouy

Managing director · since 22 mai 2017 · until 20 mai 2022

Ended
Philippe Boone

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/06/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/05/2017
    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

Timeline

  1. 2020
    Annual accounts 2020-251,8 k €
  2. 2018
    Annual accounts 2018134,6 k €
  3. 2017
    Annual accounts 201758,3 k €
  4. 22/05/2017
    IncorporationPublic limited company