ACTIVE

CIRCLE TOPCO

Financial year 2025 · Closed on 31/12/2025

Net result-38,1 k €
Equity227,1 M €

Identity

Source · BCE/KBO

CIRCLE TOPCO is a Private limited company incorporated in 2025. Its main activity is: Activities of head offices. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1026.070.948
Incorporation
31/07/2025
Legal form
Private limited company
Registered office
Tervuursevest 362/1
3000 Leuven · FlandreSee on map
Contributed capital
227 113 870,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 1 filing

Trend over 1 financial year

2025
Income statement
EBITDA-38,1 k €
Operating result-38,1 k €
Net result-38,1 k €
Balance sheet
Equity227,1 M €
Total assets227,1 M €
Cash21,2 k €
Debts4,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Malte Pollmann
Directorsince 02/09/2025
Viktor Kovalev
Directorsince 02/09/2025
Morten Weicher
Directorsince 29/06/2025

Other companies at this address

Tervuursevest 362/1 3000 Leuven
CompanyCBE no.
CIRCLE BIDCO● Active
1024.899.525

Full financial information

Source · NBB
2025
Type of accountFull model
Start of the financial year29/07/2025
Closing of the financial year31/12/2025
Length of the financial year6 months
Filing date09/07/2026
General meeting30/06/2026
Currency of the financial yearEUR
NBB quality labelSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 1 filing
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202609/07/2026DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Malte Pollmann
Directorsince 02/09/2025
Viktor Kovalev
Directorsince 02/09/2025
Morten Weicher
Directorsince 29/06/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares22/09/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates17/09/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/08/2025
    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
Filings1 filing
Mandates
Malte Pollmann
Viktor Kovalev
Morten Weicher
20252026
CIRCLE TOPCO
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Tervuursevest 362/1, 3000 LeuvenCurrent
CBE
Tervuursevest 362 bte 1, 3000 Leuven
accounts 2025
Accounts 2025 · 2026-00281138

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
CIRCLE TOPCOCurrent
accounts 2025
Accounts 2025 · 2026-00281138

Events

  1. 2025
    Annual accounts 2025-38,1 k €
  2. 31/07/2025
    IncorporationPrivate limited company