ACTIVE

CIRCUITS PAYSANS

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Financial year 2025 · closed on 31/12/2025
Net result
155,8 €
-99.4% YoY
Revenue
2,5 M €
+15.6% YoY
Equity
41,2 k €
+3.4% YoY

What does CIRCUITS PAYSANS do?

CIRCUITS PAYSANS is a Cooperative society incorporated in 2012. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0849.295.376
Incorporation
04/10/2012
Legal form
Cooperative society
Registered office
Avenue de Jupille 16
4020 Liège · WallonieSee on map
Contributed capital
225 805,22 €
Latest accounts
31/12/2025
Activities (NACE)
47120Retail sale in non-specialised stores· main47279Retail sale of food, beverages and tobacco in specialised stores47299Other retail sale of food in specialised stores47910Retail sale via mail order houses or via Internet62090Other information technology and computer service activities62900Computer programming, consultancy and related activities+2
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201520142013
Income statement
Revenue2,5 M €2,1 M €994,5 k €509,3 k €687,7 k €656,7 k €532,4 k €439,7 k €376,9 k €285,8 k €182,5 k €24,1 k €
EBITDA10,8 k €41,8 k €18,9 k €-2,4 k €41,3 k €-11,8 k €-980,7 €14,7 k €27,4 k €8,7 k €-51,1 k €-5,2 k €
Operating result5,3 k €33,6 k €7,4 k €-11,9 k €28,7 k €-22,1 k €-11,3 k €5,7 k €16,9 k €-1,5 k €-61,1 k €-7,7 k €
Net result155,8 €24,7 k €4,4 k €-12,6 k €17,5 k €-32,4 k €-17,9 k €6,8 k €11,1 k €366,8 €-64,5 k €-8,4 k €
Balance sheet
Equity41,2 k €39,8 k €10,4 k €7 k €22,9 k €5,5 k €28,1 k €27,9 k €17,4 k €8,4 k €-1,3 k €56,4 k €
Total assets525,6 k €463,8 k €177,1 k €111,9 k €106,4 k €92,8 k €100,7 k €68,6 k €68,2 k €99,1 k €111,3 k €117,8 k €
Cash29,7 k €102,2 k €28,1 k €5,5 k €1,4 k €32,9 k €27,2 k €28 k €17,7 k €17,8 k €14,3 k €44,2 k €
Debts480,8 k €420,2 k €151,7 k €82 k €83,6 k €87,4 k €72,6 k €40,7 k €50,8 k €90,6 k €77 k €61,4 k €
Other
Workforce–––––––––1,7 ETP2,5 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 12 ended

Active mandates

Ariane Debor

Director · since 23 mai 2025

Active
Vincent Schyns

Director · since 23 mai 2025

Active
Groupe d'Action Locale Jesuishesbignon.be

Director · since 08 mai 2024 · 0665.831.853

Represented by Fabienne Nyssen

Active
Carine Nardelotto

Director · since 25 février 2021

Active
Marine Troisfontaines

Director · since 27 juin 2018

Active
Niels Duchesne

Director · since 28 mai 2013

Active

Ended mandates

Delphine Stevens

Chairman of the board of directors · since 08 mai 2024

Ended
Etienne Morue

Director · since 08 mai 2024

Ended
Xavier Guinotte

Director · since 13 décembre 2021

Ended
Carine Lecloux

Director · since 27 juin 2018 · until 25 février 2021

Ended
At this address

Other companies at this address

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ceinture Aliment-Terre Liégeoise● Active
0896.055.217
HORIZON pôle agro-alimentaire circuit court● Active
0787.579.820
Les Petits Producteurs● Active
0680.420.257
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date14/07/202605/01/202623/05/202430/01/202316/12/202108/03/2021
General meeting21/05/202617/12/202526/04/202425/11/202213/12/202125/02/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202521/05/202614/07/2026FrenchPDF
Micro modelCorrection31/12/202417/12/202505/01/2026FrenchPDF
Micro model31/12/202423/05/202510/06/2025FrenchPDF
Micro model31/12/202326/04/202423/05/2024FrenchPDF
Micro model30/06/202225/11/202230/01/2023FrenchPDF
Micro model30/06/202113/12/202116/12/2021FrenchPDF
Micro model30/06/202025/02/202108/03/2021FrenchPDF
Micro model30/06/201927/01/202020/02/2020FrenchPDF
Micro model30/06/201803/12/201819/12/2018FrenchPDF
Micro model30/06/201711/12/201720/12/2017FrenchPDF
Abridged model30/06/201503/12/201510/12/2015FrenchPDF
Abridged model30/06/201413/10/201422/10/2014FrenchPDF
Abridged model30/06/201319/10/201316/12/2013FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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 · 6 active · 12 ended

Active mandates

Ariane Debor

Director · since 23 mai 2025

Active
Vincent Schyns

Director · since 23 mai 2025

Active
Groupe d'Action Locale Jesuishesbignon.be

Director · since 08 mai 2024 · 0665.831.853

Represented by Fabienne Nyssen

Active
Carine Nardelotto

Director · since 25 février 2021

Active
Marine Troisfontaines

Director · since 27 juin 2018

Active
Niels Duchesne

Director · since 28 mai 2013

Active

Ended mandates

Delphine Stevens

Chairman of the board of directors · since 08 mai 2024

Ended
Etienne Morue

Director · since 08 mai 2024

Ended
Xavier Guinotte

Director · since 13 décembre 2021

Ended
Carine Lecloux

Director · since 27 juin 2018 · until 25 février 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/09/2025
    Admission, Démission administrateurs
    PDF
  • Restructuring10/06/2024
    Fusion par absorption - Modification des statuts
    PDF
  • Restructuring22/01/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Registered office29/06/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - ANNEE COMPTABLE
    PDF
  • Mandates04/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/12/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/03/2018
    DEMISSIONS, NOMINATIONS
    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 2025155,8 €↓
  2. 2024
    Annual accounts 202424,7 k €↑
  3. 2024
    Name changeCIRCUITS PAYSANS
  4. 2023
    Annual accounts 20234,4 k €↑
  5. 2022
    Annual accounts 2022-12,6 k €↓
  6. 2022
    Name changeLA COOPERATIVE ARDENTE
  7. 2021
    Annual accounts 202117,5 k €↑
  8. 2020
    Annual accounts 2020-32,4 k €↓
  9. 2019
    Annual accounts 2019-17,9 k €↓
  10. 2018
    Annual accounts 20186,8 k €↓
  11. 2017
    Annual accounts 201711,1 k €↑
  12. 2015
    Annual accounts 2015366,8 €↑
  13. 2014
    Annual accounts 2014-64,5 k €↓
  14. 2013
    Annual accounts 2013-8,4 k €
  15. 04/10/2012
    IncorporationCooperative society