CERCLE BV 1
BankruptcyThe KBO register records for CERCLE BV 1 the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (€-78k) and a net result of €-90k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-78k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
10 d late
2024
2 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-90k
2024 · €7k
2024: €7k
2024 → 2025
Working capital
€-86k
2024 · €6k
2024: €6k
2024 → 2025
Multi-year overview
Available amounts per fiscal year
Line20242025Trend
Equity€12k-€-78k
Operating result€11k-€-89k
Net result€7k-€-90k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €89k after €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€8k▲ 27.0%
Current assets
€66k▲ 12.4%
Key figures and ratios
EBITDA
€-88k▼
2024 · €11k
Cash flow
€-89k▼
2024 · €8k
Solvency
-106.3%▼
2024 · 18.7%
Current ratio
0.43▼
2024 · 1.11
Quick ratio
0.42▼
2024 · 0.83
Debt / equity
-1.94▼
2024 · 4.35
ROA
-122.7%▼
2024 · 11.0%
Interest coverage
-58.82▼
2024 · 34.48
Debt
€152k▲
2024 · €53k
Debt ≤ 1 year
€152k▲
2024 · €53k
Staff costs
€121k▼
2024 · €129k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€65k€74k▲
Fixed assets21/28€6k€8k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27€6k€8k▲
Furniture and vehicles24€6k€8k▲
Current assets29/58€59k€66k▲
Stocks and contracts in progress3€15k€2k▼
Stocks30/36€15k€2k▼
Amounts receivable within one year40/41€29k€47k▲
Other amounts receivable41€29k€47k▲
Current investments50/53€8k€8k=
Cash at bank and in hand54/58€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€65k€74k▲
Equity10/15€12k€-78k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€7k€-83k▼
Amounts payable17/49€53k€152k▲
Amounts payable within one year42/48€53k€152k▲
Trade debts44€25k€41k▲
Suppliers440/4€25k€41k▲
Taxes, remuneration and social security45€28k€53k▲
Taxes450/3€24k€37k▲
Remuneration and social security454/9€4k€17k▲
Other amounts payable47/48€0€58k▲
Income statement
Code20242025
Remuneration, social security and pensions62€129k€121k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€647€1k▲
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A-€100k
Gross operating margin9900€143k€135k▼
Operating profit (loss)9901€11k€-89k▼
Financial income75/76B€82€100▲
Recurring financial income75€82€100▲
Financial charges65/66B€325€1k▲
Recurring financial charges65€325€1k▲
Profit (loss) for the period before taxes9903€10k€-90k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€7k€-90k▼
Profit (loss) for the period to be appropriated9905€7k€-90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-83k▼
Profit (loss) brought forward from the previous period14P-€7k
Social balance
Average headcount (FTE)90873.9-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
03-07
Judicial reorganisation
Opening
Tribunal de l’entreprise du Brabant wallon · collectif_pme · event 25-06-2026
27-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge5 facts ▸
- General meeting, 01/03/2026
- Director resignation, GWC WINE (administrateur)
- Director discharge, GWC WINE (administrateur sortant)
- Director appointment, Arthur Williot (administrateur)
- Power of attorney, Arthur Williot
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
SignalState Gazette actNBB filing
Directors · office · real estate
Directors
2 directors, no change since 2026
Arthur Williot
CurrentDirector · since 01-03-2026
01-03-2026
Arthur Williot: Appointed as Director
01-03-2026
GWC Wines: Resigned as Director
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Rosières 1601332 RixensartGround area
613 m²
Building footprint
114 m²
Volume, LiDAR
1,020 m³
Parcel 25033A0306/00A000, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Rosières 160, 1332 Rixensart
since 20232.350.309.406
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033A0306/00A000 | Wallonia | 613 m² | 1 · 113 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRixensart2.350.309.406
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,680 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-08-2023
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.