ACTIVE

CIRCULAR

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Financial year 2025 · Closed on 31/12/2025

Net result66,8 k €+1 084,8 %over 1 year
Gross margin322,1 k €+292,6 %over 1 year
Equity550,9 k €+228,4 %over 1 year

Identity

Source · BCE/KBO

CIRCULAR is a Private limited company incorporated in 2021. Its main activity is: Agents involved in the sale of a variety of goods. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0772.907.876
Incorporation
26/08/2021
Legal form
Private limited company
Registered office
Galjoenstraat 12 box 401
9000 Gent · FlandreSee on map
Contributed capital
516 319,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Gross margin322,1 k €82 k €6,3 k €-23,6 k €
EBITDA109,7 k €12,9 k €5,1 k €-23,9 k €
Operating result84 k €6,3 k €-983,1 €-35,7 k €
Net result66,8 k €5,6 k €-1,6 k €-36,3 k €
Balance sheet
Equity550,9 k €167,8 k €162,1 k €163,7 k €
Total assets1,3 M €721,1 k €217,1 k €192,5 k €
Cash355,3 k €134,5 k €121,5 k €134,7 k €
Debts156,4 k €56,9 k €54,9 k €28,8 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Active Advisory0769.786.753Represented by Debeer SAMUEL
Directorsince 21/06/2024
Anne Marie Keirse
Directorsince 26/08/2021
CLEAN ENERGY INNOVATIVE PROJECTS0831.341.369Represented by De SMET PETER
Directorsince 26/08/2021
Dries Seuntjens
Directorsince 26/08/2021
SUSTAINABLE URBAN DEVELOPMENT0808.023.658Represented by Demuynck WOUTER
Directorsince 26/08/2021
Pilaar Tech0839.969.817Represented by Pieter Declerck
Director

Other companies at this address

Galjoenstraat 12 9000 Gent
CompanyCBE no.
CLEAN ENERGY INNOVATIVE PROJECTS● Active
0831.341.369
CLEAN ENERGY INVEST● Active
0816.804.039
DESTUYVER● Active
0783.632.316
MASITI● Active
0479.826.039

Full financial information

Source · NBB
2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202326/08/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months17 months
Filing date15/07/202616/07/202518/07/202422/08/2023
General meeting30/06/202620/06/202521/06/202416/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202615/07/2026DutchPDF
Micro model31/12/202420/06/202516/07/2025DutchPDF
Micro model31/12/202321/06/202418/07/2024DutchPDF
Micro model31/12/202216/06/202322/08/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2025

6 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Active Advisory0769.786.753Represented by Debeer SAMUEL
Directorsince 21/06/2024
Anne Marie Keirse
Directorsince 26/08/2021
CLEAN ENERGY INNOVATIVE PROJECTS0831.341.369Represented by De SMET PETER
Directorsince 26/08/2021
Dries Seuntjens
Directorsince 26/08/2021
SUSTAINABLE URBAN DEVELOPMENT0808.023.658Represented by Demuynck WOUTER
Directorsince 26/08/2021
Pilaar Tech0839.969.817Represented by Pieter Declerck
Director

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/10/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other30/08/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings4 filings
Mandates
Active Advisory
SUSTAINABLE URBAN DEVELOPMENT
CLEAN ENERGY INNOVATIVE PROJECTS
Anne Marie Keirse
Dries Seuntjens
Pilaar Tech
202120222023202420252026
CIRCULAR
Galjoenstraat 12 bte 401, 9000 GentKompasplein 20/904, 9000 Gent
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Galjoenstraat 12 bte 401, 9000 GentCurrent
accounts 2025
Accounts 2025 · 2026-00298092
Galeipad 12/401, 9000 Gent
accounts 2024
Accounts 2024 · 2025-00283539
Kompasplein 20/904, 9000 Gent
accounts 2022 → 2023
Accounts 2023 · 2024-00289039

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CIRCULARCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00298092

Events

  1. 2025
    Annual accounts 202566,8 k €↑
  2. 2024
    Annual accounts 20245,6 k €↑
  3. 2023
    Annual accounts 2023-1,6 k €↑
  4. 2022
    Annual accounts 2022-36,3 k €
  5. 26/08/2021
    IncorporationPrivate limited company