Financials
- Fiscal year
- 2025
- Turnover
- €606,205
- Profit
- €34,503
- Solvency
- 79.5%
Turnover▲ 29.9%
Net result
20202025
Atelier Circuler
ActiveSummary
Atelier Circuler has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,768 and a net result of €34,503. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
What they do
Other membership organisations
NACE 94999
1 site
How big
€606,205turnover 2025
- Equity
- €198,768
- Profit
- €34,503
Who decides
Accounts 17 d early0 of 6 deeds read
Why 97+ Legal form Non-profit association+ Sector Activities of membership organisations (NACE 94)+ Liquidity: current ratio 3.84, cash €139,325+ Equity €198,768 (79.5% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Better than 74% of its sector peers (NACE 94, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 79.5% of total assets
Liquidity
94+2
short-term debt 19.9% · cash 55.7%
Profitability
76+7
return on assets 13.8%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Legal form Non-profit association lowers the probability
- Sector Activities of membership organisations (NACE 94) lowers the probability
- Liquidity: current ratio 3.84, cash €139,325 lowers the probability
- Equity €198,768 (79.5% of total assets) lowers the probability
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 3.84 against 2.82 in 2024; short-term debt: 19.9% and cash: 55.7% of total assets), and 20.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 94, micro). Better than this share of them on solvency 79%, liquidity 67%, profitability 70%, growth against the median 79%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
17 d early
2024
42 d early
2023
28 d early
2022
47 d early
2021
50 d late
2020
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Equity above €150,000Eq €162,265 ▲10.8%
Key points
By topic
Timeline
- Events
- 11
- Since
- 2021
- Next accounts
- by 31-07-2027
- 14-07-2026Annual accounts filed
- 19-06-2025Annual accounts filed
- 31-12-2024Equity above €150,000
Company details
- Sites
- 1
- Legal form
- Non-profit association
- Activity
- Other membership organisationsNACE 94999
- Founded
- 15-06-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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