CIRCL
0690.765.308 · rovalta.com · 23/09/2026
ACTIVE
CIRCL
Financial year 2025 · closed on 31/12/2025
Net result
-712,7 k €
+8.6% YoY
Gross margin
-88,6 k €
+72.1% YoY
Equity
230,3 k €
-75.6% YoY
Workforce
3,3 ETP
+10.0% YoY
Overview
What does CIRCL do?
CIRCL is a Public limited company incorporated in 2018. Its main activity is: Construction of buildings. Its registered office is in Geel. It employs on average 3,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0690.765.308
Incorporation
20/02/2018
Legal form
Public limited company
Registered office
Lammerdries 12
2440 Geel · FlandreSee on map
2440 Geel · FlandreSee on map
Contributed capital
2 450 000,00 €
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Activities (NACE)
41001Construction of buildings· main41201Construction of residential and non-residential buildings43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.62020Computer consultancy activities62200Computer programming, consultancy and related activities
Joint committees (1)
- 200
Signals
Healthy social debts
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Financials
Trend over 6 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||
| Gross margin | -88,6 k € | +72.1% | -317,2 k € | +46.0% | -587,2 k € | -3191% | 19 k € | +1687% | -1,2 k € | -116% | 7,4 k € |
| EBITDA | -313,9 k € | +44.4% | -564,7 k € | +13.0% | -649,3 k € | -3529% | 18,9 k € | +1604% | -1,3 k € | -118% | 6,9 k € |
| Operating result | -660 k € | +11.1% | -742,8 k € | -2.0% | -728,4 k € | -3946% | 18,9 k € | +1604% | -1,3 k € | -118% | 6,9 k € |
| Net result | -712,7 k € | +8.6% | -779,8 k € | -6.7% | -730,7 k € | -4249% | 17,6 k € | +1499% | -1,3 k € | -119% | 6,8 k € |
| Balance sheet | |||||||||||
| Equity | 230,3 k € | -75.6% | 943 k € | -45.3% | 1,7 M € | +2529% | 65,5 k € | +36.7% | 47,9 k € | -2.6% | 49,2 k € |
| Total assets | 2,6 M € | +12.6% | 2,3 M € | -14.4% | 2,7 M € | +1312% | 192,2 k € | -0.9% | 194 k € | -29.1% | 273,4 k € |
| Cash | 891,6 k € | +64.4% | 542,3 k € | – | 189,6 k € | – | – | ||||
| Debts | 2,4 M € | +77.6% | 1,3 M € | +46.8% | 914,5 k € | +622% | 126,7 k € | -13.3% | 146 k € | -34.9% | 224,2 k € |
| Other | |||||||||||
| Workforce | 3,3 ETP | +10.0% | 3,0 ETP | 0.0% | 3,0 ETP | – | – | – | |||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 9 ended
At this address
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Financials
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 | 30/06/2026 | 18/08/2025 | 30/08/2024 | 05/07/2023 | 20/02/2023 | 29/06/2021 |
| General meeting | 18/06/2026 | 19/06/2025 | 20/06/2024 | 15/06/2023 | 16/06/2022 | 17/06/2021 |
| 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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Try for 7 daysFilings
Annual accounts filings
7 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 18/06/2026 | 30/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 19/06/2025 | 18/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 20/06/2024 | 30/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 15/06/2023 | 05/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 16/06/2022 | 20/02/2023 | Dutch | |
| Abridged model | 31/12/2020 | 17/06/2021 | 29/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 18/06/2020 | 09/07/2020 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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 · 9 active · 9 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other15/07/2026—
- Mandates03/04/2026ONTSLAGEN - BENOEMINGEN
- Mandates16/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates15/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates04/05/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
- Mandates17/02/2023MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Other22/02/2018RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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
- 2025Annual accounts 2025-712,7 k €↑
- 2024Annual accounts 2024-779,8 k €↓
- 2023Annual accounts 2023-730,7 k €↓
- 2022Annual accounts 202217,6 k €↑
- 2022Name changeCIRCL
- 2021Annual accounts 2021-1,3 k €↓
- 2021Name changeSchoolontwikkeling
- 2020Annual accounts 20206,8 k €
- 20/02/2018IncorporationPublic limited company