Circ-El
ActiveSummary
Circ-El has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186,815 and a net result of €121,539. Its solvency ranks better than 86% of 13,749 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 08-05-2024 Normal situation
- Activity
- Wholesale of information and communication equipment NACE 46500and 5 others
- Establishment unit
- 2.361.066.013 3640 Kinrooi, since 08-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- I-H-M Holding B.V.Director
- I-H-M Holding B.V.founderdeed of 13-05-2024
- Hermans, Ralph Nicofounderdeed of 13-05-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €155,271
- ▲ 310%
- Turnover
- ≈ €770,000
- estimated
- Profit
- €121,539
- ▲ 301%
- Equity
- €186,815
- ▲ 186%
- Total assets
- €221,207
- ▲ 202%
- 2025 accounts filed 24 days after the deadline
Score breakdownraises riskFounded in 2024Last filed accounts filed 24 days latelowers riskLiquidity: current ratio 6.40, cash €148,591Equity €186,815 (84.5% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 93% on liquidity, 95% on profitability and 96% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 7 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: Ralph Hermans (director)Permanent representative: Roel Hermans
- · Gazette deed IncorporationFounding capital of €35,000 · Founders: I-H-M Holding B.V.; Hermans, Ralph Nico · Appointments: I-H-M Holding B.V. (director) and Hermans, Ralph Nico (director)
Comparable companies
These companies have the same main activity as Circ-El: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €145,000 and €291,000, founded between 2023 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| Circ-El Kinrooi | €221,207 | €155,271 |
| More Than Pi Boortmeerbeek | €207,362 | €108,669 |
| IT Studio Cookie Ostend | €145,209 | €101,764 |
| Optica Pro Lommel | €291,383 | €160,873 |
| RAAW Brussels | €155,371 | €194,755 |
| NEXXCOM Destelbergen | €163,476 | €179,703 |
| OVS NAV Ramillies | €169,403 | €94,083 |
Key facts about Circ-El
- What is the company number of Circ-El?
- The company number of Circ-El is 1009.198.688. The VAT number is the same number with BE in front: BE 1009.198.688.
- Where is Circ-El based?
- The registered office is at Leuerbroek 1082, 3640 Kinrooi.Company details
- What does Circ-El do?
- According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
- What is the legal form of Circ-El?
- Circ-El is a private limited company (BV).
- When was Circ-El founded?
- Circ-El was founded on 08-05-2024.
- Is Circ-El still active?
- Yes, Circ-El is an active enterprise in the KBO register.
- What is the turnover of Circ-El?
- The turnover in financial year 2025 is ≈ €770,000. This figure is estimated from the gross margin of €155,271 and 59 comparable companies (NACE 46). It probably lies between €370,000 and €1.4m.Financials
- Is Circ-El profitable?
- In financial year 2025, Circ-El made a profit of €121,539.
- Where can I find the annual accounts of Circ-El?
- Circ-El filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Circ-El due?
- Circ-El must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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