Equity
€165.3m ▲ 5.2%
Circet Benelux paid out €12.6m in dividends. That is 61% of the 2025 profit.
Circet Benelux
Lifetime
9 annual accounts with figures on one time axispeak €174.4m (2025)
€174.4m▲ 7.8%
lowest -€17.2m (2021)
€20.7m▲ 444%
peak €165.3m (2025)
€165.3m▲ 5.2%
€9.1m▲ 101%
peak 5.8 FTE (2022)
5.7 FTEunchanged
Board15 names since 2016all names
3 directorsFranck Lavalloir and 2 others
Owners7 names in the annual accountsall names
100%Circet Europe and 1 other
Documentsfilings and deeds
23-06-202638 days before the deadline
2025financial year
Turnover from €5.1m to €4.4mResult from €3.8m to €20.7mPowers of attorney: Sophie Decroix, An Huybreghts and 6 others 13-10Dividend €12.6mDebts from €4.5m to €9.1mInvestments €15.5m
Key points
from the 2025 annual accountsResult
€20.7m ▲ 444%
The result rose in 2025 from €3.8m to €20.7m.
Debts
€9.1m ▲ 101%
Debts rose by €4.6m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Payment terms
145 days to suppliers
Circet Benelux pays its suppliers 20 days later than in 2024. Customers pay 131 days earlier.
Liquidity
0.61 was 1.80 in 2024
Short-term debts rose from €4.5m to €9.1m.
Position in the sector
€20.7m
Higher net result than 95% of companies in financial services. Sector median €103,919 · 3,044 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the modelStandalone figures, without subsidiaries
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal, which does not raise the risk
1 signal.
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 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 days early
2024
37 days early
2023
29 days early
2022
31 days early
2021
45 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 36 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
MN
MACS NV
Managing director, Bavo De Cock
PF
Plan F BV
Director, Gert De Win
- Circet Europe 100%annual accounts 2025
- Circet Holding consolidatesannual accounts 2025
Shares in 5 companies, including CIRCET BELGIUM and Circet Infratechniek
Board & ownershipRecent changes
Appointment: Deloitte bedrijfsrevisoren CVBA (statutory auditor)
General meeting of 02-06-2023 · Gazette deed
Permanent representatives: Fabio De Clercq and Luc Van Coppenolle
Board meeting of 21-12-2022 · Gazette deed
First establishment
Jan Van Rijswijcklaan 162, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Circet Benelux Antwerp | €4.4m | 0.3% | 94.8% | 5.7 |
| A.forall Group Anderlecht | €6.9m | -29.2% | 81.1% | 6.6 |
| DRIES VAN NOTEN GROUP Antwerp | €3.6m | 7.3% | 95.5% | 3.3 |
| Sereni Group Antwerp | €5.6m | 4.5% | 1.6% | 4.3 |
| SCORPIAUX Knokke-Heist | €4.8m | 7.0% | 69.6% | 3 |
| Hyloris Pharmaceuticals Liège | €3.8m | -46.0% | 85.8% | 3.4 |
| I-CARE HOLDING Mons | €3.5m | -6.8% | 80.2% | 3.8 |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Circet Benelux: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €79m and €230m, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 08-11-2016Normal situation
- Registered office
- 135 active companies are registered at this address10 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Activities of holding companiesNACE 64210and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.328.056.9132020 Antwerp, since 01-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €174.4m▲ 7.8%
- Employeeson 31-12-2025
- 6=
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Companies linked to Circet Benelux
Subsidiaries and holdings
- Circet Projects100%
- TELETRONIKA100%
Insights on Circet Benelux
Circet Benelux has existed since 2016. The present size dates from 2021. The balance sheet total rose that year from €75.5m to €167.5m. On 1 July 2021 a site was added.
Circet Europe holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Circet Benelux
- What is the company number of Circet Benelux?
- The company number of Circet Benelux is 0665.840.662. The VAT number is the same number with BE in front: BE 0665.840.662.
- Where is Circet Benelux based?
- The registered office is at Jan Van Rijswijcklaan 162/3, 2020 Antwerp.Company details
- What does Circet Benelux do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of Circet Benelux?
- Circet Benelux is a public limited company (NV).
- When was Circet Benelux founded?
- Circet Benelux was founded on 08-11-2016.
- Is Circet Benelux still active?
- Yes, Circet Benelux is an active enterprise in the KBO register.
- How many employees does Circet Benelux have?
- Circet Benelux had an average of 5.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Circet Benelux fall under?
- In its 2025 annual accounts, Circet Benelux states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Circet Benelux?
- The turnover of Circet Benelux was €4.4m in financial year 2025, according to the filed annual accounts.
- Is Circet Benelux profitable?
- In financial year 2025, Circet Benelux made a profit of €20.7m.
- Where can I find the annual accounts of Circet Benelux?
- Circet Benelux filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Circet Benelux due?
- Circet Benelux must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies See the other companies in the same group.Circet Benelux · 10 companies
See how customers, suppliers and banks see your own company and what to improve first.