Circeaulair I
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 66 days after the deadline Filed on 5 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00546741.
Annual accounts 2025 filed on 05-10-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €512, smaller than the loss of €1,494 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €100 | €74 | ▼ 26.4% |
| Gross operating margin9900 | -€1,394 | -€438 | ▲ 68.6% |
| Operating profit (loss)9901 | -€1,494 | -€512 | ▲ 65.7% |
| Financial charges65/66B | €634 | €54 | ▼ 91.5% |
| Recurring financial charges65 | €634 | €54 | ▼ 91.5% |
| Profit (loss) for the period before taxes9903 | -€2,128 | -€566 | ▲ 73.4% |
| Profit (loss) for the period9904 | -€2,128 | -€566 | ▲ 73.4% |
| Profit (loss) for the period to be appropriated9905 | -€2,128 | -€566 | ▲ 73.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €9,932 | €9,878 | ▼ 0.5% |
| Current assets29/58 | €9,932 | €9,878 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €314 | €314 | = |
| Other amounts receivable41 | €314 | €314 | = |
| Cash at bank and in hand54/58 | €9,618 | €9,564 | ▼ 0.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €9,932 | €9,878 | ▼ 0.5% |
| Equity10/15 | €7,874 | €7,308 | ▼ 7.2% |
| Contributions10/11 | €10,002 | €10,002 | = |
| Profit (loss) carried forward14 | -€2,128 | -€2,694 | ▼ 26.6% |
| Amounts payable17/49 | €2,058 | €2,569 | ▲ 24.9% |
| Amounts payable within one year42/48 | €2,058 | €2,569 | ▲ 24.9% |
| Trade debts44 | €2,058 | €2,569 | ▲ 24.9% |
| Suppliers440/4 | €2,058 | €2,569 | ▲ 24.9% |
Historical observation
In July 2024, 2,145 companies had the same profile as Circeaulair I has now. Two years later, 91.7% were still going and 2.2% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Circeaulair I itself is lower: 0.4% within 12 months. It rests on far more data about Circeaulair I than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,145 companies, not a prediction for Circeaulair I. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.