ACTIVE

CIRCLE BELGIUM

Financial year 2025 · closed on 31/12/2025
Net result
-67,8 k €
+53.2% YoY
Revenue
3,1 k €
-92.6% YoY
Equity
-1,5 M €
-4.8% YoY
Workforce
1,0 ETP
0.0% YoY

What does CIRCLE BELGIUM do?

CIRCLE BELGIUM is a Public limited company incorporated in 2019. Its registered office is in Schaerbeek. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0732.974.263
Incorporation
28/08/2019
Legal form
Public limited company
Registered office
Boulevard Général Wahis 17
1030 Schaerbeek · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Revenue3,1 k €41,4 k €26 k €427,5 k €462,5 k €213,4 k €
EBITDA-64,2 k €-141,1 k €-354,3 k €-451,4 k €-256,8 k €-247,6 k €
Operating result-64,2 k €-141,1 k €-354,3 k €-451,4 k €-256,8 k €-247,6 k €
Net result-67,8 k €-144,8 k €-357 k €-453,3 k €-260 k €-247,8 k €
Balance sheet
Equity-1,5 M €-1,4 M €-1,3 M €-906,5 k €-453,2 k €-193,2 k €
Total assets75,1 k €85,2 k €86 k €65,7 k €97,9 k €70,9 k €
Cash5,9 k €20,4 k €32,2 k €22,1 k €11,3 k €15,3 k €
Debts1,6 M €1,5 M €1,3 M €966,6 k €551,1 k €264,1 k €
Other
Workforce1,0 ETP1,0 ETP2,0 ETP4,5 ETP3,8 ETP3,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

KILDA

Director · since 26 mai 2025 · until 15 juin 2029 · 0768.432.614

Represented by Mathieu Lefèvre

Active
Eric BONNEL

Managing director · since 20 juillet 2023 · until 15 juin 2029

Active
Jérôme Boucheron

Director · since 20 juillet 2023 · until 15 juin 2029

Active

Ended mandates

Augustin VAN RIJCKEVVORSEL

Director · since 28 août 2019 · until 20 juillet 2023

Ended
Augustin VAN RIJCKEVVORSEL

Director · since 28 août 2019 · until 16 juin 2025

Ended
Eric BONNEL

Managing director · since 28 août 2019 · until 16 juin 2025

Ended
Gaëtan RAEVENS

Director · since 28 août 2019 · until 20 juillet 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
INITIO BELGIUMActive
0884.621.093
0838.913.012
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202630/09/202501/08/202427/07/202315/08/202231/08/2021
General meeting29/06/202630/09/202525/07/202420/07/202330/06/202231/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202629/06/2026FrenchPDF
Full model31/12/202430/09/202530/09/2025FrenchPDF
Full model31/12/202325/07/202401/08/2024FrenchPDF
Full model31/12/202220/07/202327/07/2023FrenchPDF
Full model31/12/202130/06/202215/08/2022FrenchPDF
Full model31/12/202031/08/202131/08/2021FrenchPDF
Abridged model31/12/201913/07/202028/07/2020FrenchPDF
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 31/12/2025 · 3 active · 5 ended

Active mandates

KILDA

Director · since 26 mai 2025 · until 15 juin 2029 · 0768.432.614

Represented by Mathieu Lefèvre

Active
Eric BONNEL

Managing director · since 20 juillet 2023 · until 15 juin 2029

Active
Jérôme Boucheron

Director · since 20 juillet 2023 · until 15 juin 2029

Active

Ended mandates

Augustin VAN RIJCKEVVORSEL

Director · since 28 août 2019 · until 20 juillet 2023

Ended
Augustin VAN RIJCKEVVORSEL

Director · since 28 août 2019 · until 16 juin 2025

Ended
Eric BONNEL

Managing director · since 28 août 2019 · until 16 juin 2025

Ended
Gaëtan RAEVENS

Director · since 28 août 2019 · until 20 juillet 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/08/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2025
    Annual accounts 2025-67,8 k €
  2. 2024
    Annual accounts 2024-144,8 k €
  3. 2023
    Annual accounts 2023-357 k €
  4. 2022
    Annual accounts 2022-453,3 k €
  5. 2021
    Annual accounts 2021-260 k €
  6. 2020
    Annual accounts 2020-247,8 k €
  7. 28/08/2019
    IncorporationPublic limited company