ACTIVE

CIRCET BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result485,6 k €-74,8 %over 1 year

Revenue60,2 M €+4,0 %over 1 year

Equity19,9 M €-18,9 %over 1 year

Workforce365,9 ETP+1,4 %over 1 year

Identity

Source · BCE/KBO

CIRCET BELGIUM is a Public limited company incorporated in 2005. Its main activity is: Electrical installation. Its registered office is in Beringen. It employs on average 365,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0874.125.297
Incorporation: 20/05/2005
Legal form: Public limited company
Registered office: Schoebroekstraat 62
3583 Beringen · FlandreSee on map
Contributed capital: 7 000 558,25 €
Latest accounts: 31/12/2025
Average workforce: 365,9 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 42220Construction of utility projects for electricity and telecommunications 42220Construction of utility projects for electricity and telecommunications 62010Computer programming activities+1

Joint committees (3)

14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	60,2 M €	+4.0%	57,9 M €	-0.7%	58,3 M €	+193%	19,9 M €	+48.2%	13,4 M €
EBITDA	3,7 M €	-38.7%	6,1 M €	-3.5%	6,3 M €	+73.0%	3,6 M €	+197%	1,2 M €
Operating result	1,4 M €	-58.6%	3,5 M €	-9.1%	3,8 M €	+42.4%	2,7 M €	+697%	-448,8 k €
Net result	485,6 k €	-74.8%	1,9 M €	-55.5%	4,3 M €	+56.3%	2,8 M €	-68.7%	8,9 M €
Balance sheet
Equity	19,9 M €	-18.9%	24,5 M €	+8.6%	22,5 M €	+82.1%	12,4 M €	+28.9%	9,6 M €
Total assets	32,7 M €	-8.3%	35,7 M €	-0.1%	35,8 M €	+98.9%	18 M €	+36.8%	13,1 M €
Cash	3,5 M €	-37.0%	5,6 M €	+483%	965,7 k €	+88.1%	513,4 k €	+41.4%	363,2 k €
Debts	12,9 M €	+14.6%	11,3 M €	-13.9%	13,1 M €	+136%	5,5 M €	+62.3%	3,4 M €
Other
Workforce	365,9 ETP	+1.4%	360,8 ETP	+29.4%	278,8 ETP	+168%	104,0 ETP	-3.0%	107,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
managing Administration & Consultancy Services0888.089.636Represented by Bavo De Cock	Director18/03/2016 → 05/06/2029
PATRICK BLOCK MANAGEMENT CONSULTING0811.668.878Represented by Patrick Block	Director19/12/2019 → 05/06/2029
PLAN F0476.240.702Represented by Gert De Win	Director19/12/2019 → 05/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Circet Benelux0665.840.662Represented by Bavo De Cock	Director25/11/2016 → 2021 accounts

Other companies at this address

Schoebroekstraat 62 3583 Beringen

Company	CBE no.
Circet groep● Active	0894.304.168

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/06/2026	13/06/2025	02/07/2024	30/06/2023	16/06/2022	09/07/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	02/06/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	03/06/2025	13/06/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	02/07/2024	Dutch	PDF
Full model	31/12/2022	06/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	07/06/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	01/06/2021	09/07/2021	Dutch	PDF
Full model	31/12/2019	31/08/2020	22/09/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	26/07/2019	Dutch	PDF
Full model	31/12/2017	05/06/2018	10/07/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	23/06/2017	Dutch	PDF
Full model	31/12/2015	07/06/2016	27/06/2016	Dutch	PDF
Full model	31/12/2014	02/06/2015	17/06/2015	Dutch	PDF
Full model	31/12/2013	03/06/2014	20/06/2014	Dutch	PDF
Full model	31/12/2012	04/06/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	05/06/2012	13/06/2012	Dutch	PDF
Full model	31/12/2010	07/06/2011	15/07/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	25/08/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	14/07/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	31/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

3 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
managing Administration & Consultancy Services0888.089.636Represented by Bavo De Cock	Director18/03/2016 → 05/06/2029
PATRICK BLOCK MANAGEMENT CONSULTING0811.668.878Represented by Patrick Block	Director19/12/2019 → 05/06/2029
PLAN F0476.240.702Represented by Gert De Win	Director19/12/2019 → 05/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Circet Benelux0665.840.662Represented by Bavo De Cock	Director25/11/2016 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring11/05/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/02/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2022
ONTSLAGEN - BENOEMINGEN
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

Filings16 filings

Mandates

PLAN F

PATRICK BLOCK MANAGEMENT CONSULTING

managing Administration & Consultancy Services

Circet Benelux

The Service Factory BV

Rodecco

INTERNATIONAL MANAGEMENT SOLUTIONS

Robert Decant

Eric Decant

JBU Consult BVBA

FACTORY ONE

Jan Bueken

Show the 4 other mandates

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

CIRCET BELGIUMEsas 3ServicesSimac 3Services

Schoebroekstraat 62, 3583 Paal

Director

DirectorManager

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Schoebroekstraat 62, 3583 PaalCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00195679

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CIRCET BELGIUMCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00195679
Circet Belgium (voorheen Esas 3Services)	accounts 2022	Accounts 2022 · 2023-00190889
Esas 3Services	accounts 2016 → 2021	Accounts 2021 · 2022-20071562
Simac 3Services	accounts 2006 → 2013	Accounts 2013 · 2014-19800423

Events

2025
Annual accounts 2025485,6 k €↓
2024
Annual accounts 20241,9 M €↓
2023
Annual accounts 20234,3 M €↑
2023
Name changeCIRCET BELGIUM
2022
Annual accounts 20222,8 M €↓
2022
Name changeCircet Belgium (voorheen Esas 3Services)
2021
Annual accounts 20218,9 M €↑
2020
Annual accounts 2020-3 M €↓
2019
Annual accounts 20191,9 M €↑
2018
Annual accounts 2018157,4 k €↓
2017
Annual accounts 2017576,6 k €↓
2016
Annual accounts 2016699,4 k €↑
2016
Name changeEsas 3Services
2013
Annual accounts 201362,6 k €↓
2010
Annual accounts 2010340,7 k €↑
2009
Annual accounts 2009-240,5 k €↓
2008
Annual accounts 2008-176,1 k €↓
2007
Annual accounts 2007-44,2 k €↑
2006
Annual accounts 2006-100,3 k €
20/05/2005
IncorporationPublic limited company

CIRCET BELGIUM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events