CIRCET BELGIUM
0874.125.297 · rovalta.com · 25/09/2026
ACTIVE
CIRCET BELGIUM
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
Overview
Identity
Source · BCE/KBOCIRCET 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· main43211Electrical installation45310Wholesale trade of motor vehicle parts and accessories42220Construction of utility projects for electricity and telecommunications42220Construction of utility projects for electricity and telecommunications62010Computer programming activities+1
Joint committees (3)
- 14901
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend 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 valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 34 ended
Active mandates
Ended mandates
Other companies at this address
Schoebroekstraat 62 3583 Beringen| Company | CBE no. |
|---|---|
Circet groep● Active | 0894.304.168 |
Financials
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 · NBBLooking for more information about this company?
Try for 7 daysAnnual 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 | |
| Full model | 31/12/2024 | 03/06/2025 | 13/06/2025 | Dutch | |
| Full model | 31/12/2023 | 04/06/2024 | 02/07/2024 | Dutch | |
| Full model | 31/12/2022 | 06/06/2023 | 30/06/2023 | Dutch | |
| Full model | 31/12/2021 | 07/06/2022 | 16/06/2022 | Dutch | |
| Full model | 31/12/2020 | 01/06/2021 | 09/07/2021 | Dutch | |
| Full model | 31/12/2019 | 31/08/2020 | 22/09/2020 | Dutch | |
| Full model | 31/12/2018 | 28/06/2019 | 26/07/2019 | Dutch | |
| Full model | 31/12/2017 | 05/06/2018 | 10/07/2018 | Dutch | |
| Full model | 31/12/2016 | 06/06/2017 | 23/06/2017 | Dutch | |
| Full model | 31/12/2015 | 07/06/2016 | 27/06/2016 | Dutch | |
| Full model | 31/12/2014 | 02/06/2015 | 17/06/2015 | Dutch | |
| Full model | 31/12/2013 | 03/06/2014 | 20/06/2014 | Dutch | |
| Full model | 31/12/2012 | 04/06/2013 | 25/06/2013 | Dutch | |
| Full model | 31/12/2011 | 05/06/2012 | 13/06/2012 | Dutch | |
| Full model | 31/12/2010 | 07/06/2011 | 15/07/2011 | Dutch | |
| Full model | 31/12/2009 | 01/06/2010 | 25/08/2010 | Dutch | |
| Full model | 31/12/2008 | 02/06/2009 | 14/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 03/06/2008 | 28/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 05/06/2007 | 31/08/2007 | Dutch |
Valuation
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.
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
Board of directors
Source · NBB, accounts to 31/12/20253 active · 34 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates09/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates08/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates17/10/2024ONTSLAGEN - BENOEMINGEN
- Mandates19/05/2023ONTSLAGEN - BENOEMINGEN
- Restructuring11/05/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring22/02/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates05/01/2023ONTSLAGEN - BENOEMINGEN
- Mandates14/09/2022ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025485,6 k €↓
- 2024Annual accounts 20241,9 M €↓
- 2023Annual accounts 20234,3 M €↑
- 2023Name changeCircet Belgium
- 2022Annual accounts 20222,8 M €↓
- 2022Name changeCircet Belgium (voorheen Esas 3Services)
- 2021Annual accounts 20218,9 M €↑
- 2020Annual accounts 2020-3 M €↓
- 2019Annual accounts 20191,9 M €↑
- 2018Annual accounts 2018157,4 k €↓
- 2017Annual accounts 2017576,6 k €↓
- 2016Annual accounts 2016699,4 k €↑
- 2016Name changeEsas 3Services
- 2013Annual accounts 201362,6 k €↓
- 2010Annual accounts 2010340,7 k €↑
- 2009Annual accounts 2009-240,5 k €↓
- 2008Annual accounts 2008-176,1 k €↓
- 2007Annual accounts 2007-44,2 k €↑
- 2006Annual accounts 2006-100,3 k €
- 2006Name changeSimac 3Services
- 20/05/2005IncorporationPublic limited company