Bio-Circle
The computed 12-month bankruptcy probability of Bio-Circle is 3.2% (moderate). The 2024 annual accounts show negative equity (€-158k) and a net result of €-85k. Equity is shrinking by ~97.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 946 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-158k |
| Net result | €-85k |
| Staff (FTE) | 7.5 |
| Better than sector | 13% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -10.9% | 27.3% | |
| Net result | €-85k | €24k | |
| Equity | €-158k | €171k | |
| Gross operating margin | €482k | €175k | |
| Staff costs | €485k | €165k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €-85k |
| Cash flow | €-54k |
| Staff costs | €485k |
| Income taxes | €810 |
| Dividends | - |
| Total assets | €1.45M |
| Equity | €-158k |
| Debt | €1.61M |
| of which ≤ 1y | €1.01M |
| of which > 1y | €597k |
| Working capital | €-419k |
| Employees (FTE) | 7.5 |
| 2024 | |
|---|---|
| Current ratio | 0.58 |
| Quick ratio | 0.39 |
| Working capital ratio | -28.9% |
| Solvency | -10.9% |
| Debt / equity | -10.15 |
| Long-term debt ratio | -3.77 |
| Interest coverage | -0.10 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.9% |
| ROE | 54.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.45M |
| Fixed assets | 21/28 | €862k |
| Intangible fixed assets | 21 | €28k |
| Tangible fixed assets | 22/27 | €828k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €588k |
| Stocks & contracts in progress | 3 | €200k |
| Amounts receivable within one year | 40/41 | €314k |
| Cash & bank | 54/58 | €52k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.45M |
| Equity | 10/15 | €-158k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-159k |
| Amounts payable | 17/49 | €1.61M |
| Amounts payable after one year | 17 | €597k |
| Amounts payable within one year | 42/48 | €1.01M |
| Trade debts payable within one year | 44 | €498k |
| Income statement | ||
| Gross operating margin | 9900 | €482k |
| Operating result | 9901 | €-37k |
| Financial income | 75 | €48 |
| Financial charges | 65 | €48k |
| Result before taxes | 9903 | €-85k |
| Income taxes | 67/77 | €810 |
| Net result for the period | 9904 | €-85k |
| Result to be appropriated | 9905 | €-85k |
| NACE primary | Wholesale trade(46851) |
| Legal form | Private limited company(610) |
| Incorporation | 28-12-2021 |
| Status | Active |
| Postal code | 9320 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41076A0394/00K002 | Flanders | 2.7 ha | 1 · 1,119 m² | - |
| 41342B0217/00C002 | Flanders | 571 m² | 1 · 156 m² | 9.2 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | Bio-Circle |