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CIRCLE PROJECTS

Absorbed by REDERIJ INTERMAS KBO/BCE: BE 0474.372.956 subsidiary of REDERIJ INTERMAS
CIRCLE PROJECTS
Follow Report

Overview

Lifetime

13 annual accounts with figures on one time axis, 18 filings since 2001
peak €289,745 (2015)
-€2,271▼ €23,670
lowest -€150,807 (2013)
-€2,845▼ €20,275
peak €160,495 (2018)
€157,649▼ 1.8%
€685,341▼ 0.3%
Board4 names since 2015
- 
Owners2 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
27-03-202034 days before the deadline
2019abbreviated format
Gross margin from €21,399 to -€2,271Loss of €2,845Cash from €46,061 to €65,049

Key points

from the 2019 annual accounts, the last ones filed

Debts

€685,341 81% of the balance sheet

Filings

18 annual accounts since 2001
deadline200520102015

Three of the last ten came late. The 2009 accounts came latest: 31 days after the end of the period.

Turnover not published (abbreviated format)

Board and ownership

last known board
Director, until 2020
  • 100%deed of 22-06-2020
Board & ownership

Recent changes

Merger: absorbed by REDERIJ INTERMAS General meeting of 31-07-2020 · Gazette deed
Merger: CIRCLE PROJECTS takes over IMMO VP Resignations: , , and CIRCLE PROJECTS · Permanent representative: ) · Director discharge: · General meeting of 31-07-2020 · Gazette deed
Merger: CIRCLE PROJECTS takes over BV IMMO VP Permanent representative: · REDERIJ INTERMAS holds all the shares · The company holds 100% of the shares of BV IMMO VP · Gazette deed
Merger proposal: CIRCLE PROJECTS takes over IMMO VP Permanent representative: · Gazette deed
All 33 events

Official details

Source: KBO
Status
Absorbed by REDERIJ INTERMASmerger by absorption, September 2020
Activity
“Verkoop van roomijs en consumptie-ijs” (deed in Dutch)From the articles, 38 activitiesNo NACE code in the KBO yet
Financial year end
30 September
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-09-2019

-€2,271
€2,845
€157,649
€842,990
Filing
Filed on 27-03-2020
Financials

Companies linked to CIRCLE PROJECTS

Parent and group

Insights on CIRCLE PROJECTS

Absorbed by REDERIJ INTERMAS in September 2020. The last annual accounts are for financial year 2019. The company was dissolved without liquidation.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2019

abbreviated format, filed on 27-03-2020, 34 days before the deadline
-€2,271
▼ €23,670
-€2,333
▼ €22,159
-€2,845
▼ €20,275
-€620,292
▼ €2,845
18.7%
▼ 0.2 percentage points
0.09
▼ 0.01

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance sheet

balance sheet total €842,990 on 30-09-2019
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2019201820172016201521 months20132012201120102009200820072006
Balance sheet: assets
20/58 842,990848,001838,8241.0m1.0m3.0m1.5m934,6821.1m1.3m637,9663,49812,226
21/28 777,941777,941777,941-777,941777,941-------
28 777,941777,941777,941777,941777,941777,941-------
29/58 65,04970,06160,884225,144242,3882.3m1.5m934,6821.1m1.3m637,9663,49812,226
3 -----1.4m1.4m527,435945,2101.2m432,031--
30/36 -----1.4m1.4m527,435945,2101.2m432,031--
40/41 -24,0001,511564-856,83036,095407,07995,08788,56686,1293,21911,379
40 -24,000----237374,27572,28384,7197186058,833
41 --1,511564-856,83035,85832,80422,8043,84885,4112,6142,546
50/53 -----16812,648168-15,574115,163--
54/58 65,04946,06159,373224,580242,388896,846-20,8796854,644279847
Balance sheet: equity and liabilities
10/49 842,990848,001838,8241.0m1.0m3.0m1.5m934,6821.1m1.3m637,9663,49812,226
10/15 157,649160,495143,06597,48687,779-101,60749,200158,62181,1453,2044,332-127,968-120,049
10/11 168,600168,600168,600-168,600168,600168,600168,600168,600168,600168,6006,2006,200
10 ---168,600---------
100 168,600168,600168,600168,600168,600168,600168,600168,600168,600168,600168,60018,60018,600
101 -----------12,40012,400
14 -10,951-8,106-25,535-71,114-80,821-270,207-119,400-9,979-87,455-165,396-164,268-134,168-126,249
17/49 685,341687,507695,759905,599932,5503.1m1.4m776,061980,0311.3m633,634131,466132,275
17 -----1.4m1.4m450,000450,000450,000---
170/4 -----1.4m1.4m450,000450,000450,000---
42/48 685,341687,507695,759905,599932,5501.7m2,285322,391527,266883,365633,634131,466132,275
42 -------30,00018,285----
43 -----1.3m-2,980-128,674246,500--
430/8 -----1.3m-2,980-128,674246,500--
44 ---40401,3662,28511,183103,578417,6112,404562151
440/4 ---40401,3662,28511,183103,578417,6112,404562151
45 -2,166--25,935--7,43033,76118,401---
450/3 -2,166--25,935--7,43033,76118,401---
47/48 685,341685,341695,759905,559906,575451,972-270,799371,643318,680384,730130,904132,124
492/3 -------3,6702,764792---
Income statement
9900 -2,27121,39945,8109,828289,745-87,403-106,73888,45297,37126,965-30,744-1,173-5,669
630 ------------420
640/8 621,5731246215,1584,731783,437156,9171,3866,71862
9901 -2,33319,82645,6869,766274,587-92,134-106,81685,01597,35620,048-32,129-7,890-6,151
75/76B -040-01651,3591178832,3102,778--
75 -040-01651,3591178832,3102,778--
65/66B 154231146-85,20158,8393,5557,65620,29623,48774928494
65 1542311465985,20158,8393,5557,65620,29623,48774928494
9903 -2,48719,59645,5809,707189,386-150,807-109,01277,47677,942-1,128-30,100-7,918-6,645
67/77 3582,166--0-40911----
9904 -2,84517,42945,5809,707189,386-150,807-109,42077,47577,942-1,128-30,100-7,918-6,645
9905 -2,84517,42945,5809,707189,386-150,807-109,42077,47577,942-1,128-30,100-7,918-6,645
Appropriation of the result
9906 -10,951-8,106-25,535-71,114-80,821-270,207-119,400-9,979-87,455-165,396-164,268-134,168-126,249
14P ----80,821---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2019 (PDF), filed on 27-03-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2019 abbreviated format 27-03-2020 2020-08000002 PDF
30-09-2018 abbreviated format 30-04-2019 2019-12000235 PDF
30-09-2017 abbreviated format 10-04-2018 2018-09700199 PDF
30-09-2016 abbreviated format 02-05-2017 2017-11000108 PDF
30-09-2015 abbreviated format 31-03-2016 2016-09000383 PDF
31-12-2013 abbreviated format 28-06-2014 2014-26300137 PDF
31-12-2012 abbreviated format 30-06-2013 2013-25400147 PDF
31-12-2011 abbreviated format 29-06-2012 2012-25100574 PDF
31-12-2010 abbreviated format 31-08-2011 2011-53500108 PDF
31-12-2009 abbreviated format 31-08-2010 2010-52800123 PDF
31-12-2008 abbreviated format 31-08-2009 2009-73100220 PDF
31-12-2007 abbreviated format 28-07-2008 2008-49400401 PDF
31-12-2006 abbreviated format 30-08-2007 2007-70100396 PDF
31-12-2005 abbreviated format 20-07-2006 2006-50601655 PDF
31-12-2004 abbreviated format 19-07-2005 2005-52003798 PDF
31-12-2003 abbreviated format 30-06-2004 2004-36600503 PDF
31-12-2002 abbreviated format 29-01-2004 2004-03004304 PDF
31-12-2001 abbreviated format 06-09-2002 2002-54600533 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2019201820172016201521 months20132012201120102009200820072006
-------------5,731
-------------6,225
-----777,941-------
18,989-13,312-165,207-17,808242,299-6,757--20,194-3,9594,365-568-
-620,292-617,446-634,876-680,455-690,162520,4521.4m612,291533,910453,9964,332-127,968-120,049
18.7%18.9%17.1%9.7%8.6%-3.4%3.4%17.0%7.6%0.2%0.7%--982.0%
0.090.100.090.250.261.30-2.902.011.511.01-0.09
0.090.100.090.250.260.4924.321.260.220.120.33-0.09
4.354.284.869.2910.62-28.504.8912.08----
-1.8%10.9%31.9%10.0%215.8%--222.4%48.8%96.1%-35.2%-694.8%--
-0.3%2.1%5.4%1.0%18.6%-5.0%-7.5%8.3%7.3%-0.1%-4.7%--54.4%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on CIRCLE PROJECTS

The operating result for 2019 is a loss of €2,333, after a profit of €19,826 in 2018. It is the lowest result since 2013.

Debt's share of the balance-sheet total rises from 81.1% to 81.3%. Equity and debt are lower.

Large changes and their cause
  • 2016 Net result -95% on 2015. The previous financial year ran 21 months, this one 12.

Board & ownership

Mandates through the years

4 names

Director

Manager (not named in the articles)

Manager (not named in the articles)

Manager (not named in the articles)
Earliermandate already running before its first mentionend not dated
Mandates as a list
    • Director, until 31-07-2020
    • Manager (not named in the articles), appointed by deed of 14-09-2015, last mentioned in 2015
    • Manager (not named in the articles), appointed by deed of 14-09-2015, last mentioned in 2015
    • Manager (not named in the articles), appointed by deed of 14-09-2015, last mentioned in 2015

See the board, name and registered office on a given date →

Control

Parent
Source: deed 22-06-2020
100%
This company
CIRCLE PROJECTS
Equity €157,649
Loss €2,845 in 2019

Further up the chain 100%

Capital

Capital
€168,600
Source
2019 annual accounts

Owners through the years

as the annual accounts name them
99.46%100%
100%
consolidates
consolidates
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 02-02-2015 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of March at 20:00

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 22-06-2020 ↗
  • all shares

Office holders in the KBO →

Network & group

Holdings

own accounts to 30-09-2019, the bar shows equity in euros
This companyCIRCLE PROJECTS1 holding, 1 country accounts to 30-09-2019

Belgium 1 Equity Result

  • BE no longer active €1.1m result €194,822

Source: list of holdings in its own 30-09-2019 accounts. Every holding stands with its own latest accounts.

Parent

Belgium · 100% of the shares · equity €5.6m · profit €36,633 (2019)
no longer active

Earlier ties

via , at CIRCLE PROJECTS, last mentioned in 2015 · Permanent representative · deed of 05-07-2019
founded in 1996
 total assets €6.8m (2025)
via (at CIRCLE PROJECTS, last mentioned in 2015), (at CIRCLE PROJECTS, last mentioned in 2015) and (at CIRCLE PROJECTS, last mentioned in 2015) · Manager (not named in the articles) · deed of 14-09-2015
No longer active
 total assets €3.3m (2019)
via , at CIRCLE PROJECTS, last mentioned in 2015 · Director · deed of 25-04-2016
No longer active

Holdings through the years

2013 to 2019
Holdings through the years
Name20132015201720182019
100%99.99%100%

Source: list of holdings in its own accounts

Acquisitions and mergers

2 transactions
Took over:IMMO VP
BE 0894.412.650operation treated as a merger by absorption · Gazette deed of 28-08-2020 (5 deeds)
Taken over by:REDERIJ INTERMAS
BE 0400.038.391operation treated as a merger by absorption · Gazette deed of 02-09-2020 (4 deeds)

Connections & network

Depth
Shared director 3 shared directors Shared director CIRCLE PROJECTS CIRCLEPROJECTS0474.372.956
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

33 events since 2001
2020
Merger: absorbed by REDERIJ INTERMASGeneral meeting of 31-07-20202 points ▸
  • General meeting, 31-07-2020, mentioned twice in the deed
  • Accounting effect, 01-01-2020
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Merger: CIRCLE PROJECTS takes over IMMO VPResignations: , , and CIRCLE PROJECTS · Permanent representative: ) · Director discharge: · General meeting of 31-07-202011 points ▸
  • General meeting, 31-07-2020, mentioned twice in the deed
  • Accounting effect, 01-01-2020
  • Director resignation,
  • Director resignation,
  • Director resignation,
  • Director resignation, CIRCLE PROJECTS
  • Permanent representative, )
  • Director discharge,
  • Director discharge,
  • Director discharge,
  • Director discharge, CIRCLE PROJECTS
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Merger: CIRCLE PROJECTS takes over BV IMMO VPPermanent representative: · REDERIJ INTERMAS holds all the shares · The company holds 100% of the shares of BV IMMO VP4 points ▸
  • REDERIJ INTERMAS holds all the shares
  • Accounting effect, 01-01-2020
  • Permanent representative,
  • The company holds 100% of the shares of BV IMMO VP
  • The deed holds 10 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: CIRCLE PROJECTS takes over IMMO VPPermanent representative: 8 points ▸
  • Board composition, (director), mentioned twice in the deed
  • Board composition, (director), mentioned twice in the deed
  • Board composition, (director), mentioned twice in the deed
  • Board composition, (director)
  • Board composition, (director)
  • Permanent representative,
  • Incorporation, 20-12-2007
  • Accounting effect, 01-01-2020
  • The deed holds 11 more points.

Open the deed in the Belgian Official Gazette

Registered office moved from Hasselt to KalkenNew registered office: Kalkendorp 23 te B-9270 KALKEN · Previous registered office: Kolonel Dusartplein 36 bus 5.02 te 3500 Hasselt · General meeting of 16-03-20202 points ▸
  • General meeting, 16-03-2020
  • Registered-office move, Kalkendorp 23 te B-9270 KALKEN

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFabbreviated format · 34 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · on the deadline day
2018
Annual accounts 2017 filed PDFabbreviated format · 20 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 2 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 30 days before the deadline
2015
Back to profit net €189,386 The net result is €189,386, after 2 loss-making years.
3 managers appointed, and · General meeting of 27-05-20154 points ▸
  • General meeting, 27-05-2015
  • Director appointment, (manager (not named in the articles))
  • Director appointment, (manager (not named in the articles))
  • Director appointment, (manager (not named in the articles))

Open the deed in the Belgian Official Gazette

Registered office moved within HasseltNew registered office: Kolonel Dusartplein 36 bus 5.02 te B-3500 Hasselt · Previous registered office: Lazarijstraat 156 bus 5 te B-3500 Hasselt1 point ▸
  • Registered-office move, Kolonel Dusartplein 36 bus 5.02 te B-3500 Hasselt
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Amendment of the articles PDF
2014
Annual accounts 2013 filed PDFabbreviated format · 33 days before the deadline
2013
Weakest financial year net -€150,807 The net result drops to -€150,807, the lowest from 2006 to 2019.
Annual accounts 2012 filed PDFabbreviated format · 31 days before the deadline
2012
Liquidity more than 219 times current ratio 635.11 The current ratio rises from 2.90 to 635.11. Short-term debt falls from €322,391 to €2,285.
Annual accounts 2011 filed PDFabbreviated format · 32 days before the deadline
2011
Equity above €150,000 equity €158,621 ▲95.5% After 2 profitable years in a row, equity reaches €158,621.
Annual accounts 2010 filed PDFabbreviated format · 31 days late
2010
Back to profit net €77,942 The net result is €77,942, after 4 loss-making years.
Annual accounts 2009 filed PDFabbreviated format · 31 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 31 days late
2008
Liquidity more than 37 times current ratio 1.01 The current ratio rises from 0.03 to 1.01.
Annual accounts 2007 filed PDFabbreviated format · 3 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 30 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Incorporation 19 publications in the Belgian Official Gazette, the last on 02-09-2020

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The registered office moved to Hasselt in 2015 and to Kalken in 2020.12 In 2020 CIRCLE PROJECTS absorbed IMMO VP by merger.3 In 2020 the company was absorbed by merger into REDERIJ INTERMAS.4

  1. 1Belgian Official Gazette, 24-02-2015
  2. 2Belgian Official Gazette, 12-05-2020
  3. 3Belgian Official Gazette, 28-08-2020
  4. 4Belgian Official Gazette, 02-09-2020

Company details

Purpose, financial year and meetings according to the articles of association

Name, seat, purpose and duration

PurposeThe purpose describes the activities the company may carry out under its articles.
“Verkoop van roomijs en consumptie-ijs; Uitbaten van een copy-center; Organiseren van modeshows en evenementen; De uitgave en de distributie…”
38 activities
  1. Verkoop van roomijs en consumptie-ijs
  2. Uitbaten van een copy-center
  3. Organiseren van modeshows en evenementen
  4. De uitgave en de distributie van films op allerhande geluids- en beelddragers bestemd voor het publiek
  5. De distributie (verkoop of verhuur) van bioscoopfilms en video-opnamen aan andere eenheden, maar niet aan het publiek
  6. De activiteiten die aan de filmindustrie verwant zijn: reserveren, afleveren, opslaan, enzovoorts
  7. Het beheer van filmrechten en rechten op audiovisuele producties
  8. Verkoop van lederwaren
  9. Verkoop van sigaren, sigaretten, tabak en rookartikelen
  10. Verkoop van boeken, tijdschriften, dagbladen, papierwaren en kantoorbenodigdheden
  11. Uitgeverij van grammafoonplaten, compactdiscs en andere geluidsdragers met muziek of geluidsopnamen
  12. De bewerking van digitale gegevens
  13. Reproductie van opgenomen media, van video-opnamen, en van computermedia
  14. Verkoop van huishoud en tafellinnen
  15. Verkoop van producten van de suikerbakkerij
  16. Verkoop van uitzet voor heren-jongens en dames-meisjes
  17. Verkoop van zuivelproducten
  18. Verkoop van wijn, geestrijke en andere dranken
  19. Projectontwikkeling
  20. Verkoop van telecommunicatie artikelen en elektronische apparatuur
  21. Verkoop van algemene voedingswaren en huishoudelijke artikelen
  22. Groot- en kleinhandel met meer dan een afdeling
  23. Terbeschikking stellen van databank door het leveren van gegevens in een bepaalde volgorde on-line of door gegevens, op verzoek gesorteerd, toegankelijk te maken voor iedereen of voor bepaalde groep gebruikers door middel van listings, enzovoorts
  24. Het toestaan van leningen en kredietopeningen aan vennootschappen en particulieren, onder om het even welke vorm. In dit kader kan zij zich ook borg stellen of aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan deposito banken, houders van deposito's op korte termijn, spaarbanken, hypotheekmaatschappijen en kapitalisatieondernemingen
  25. Realisatie van computerprogramma's en gebruiksklare systemen, en het verdelen ervan
  26. Het beheer van en de handel in onroerende goederen voor eigen rekening en voor rekening van derden. Zo kan de vennootschap onroerende goederen bouwen, renoveren, kopen en verkopen, huren en verhuren en alle mogelijke onroerende handelingen verrichten die daarmee verband houden. De vennootschap kan als waarborg voor eigen verbintenissen en voor verbintenissen van derden borg staan, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak
  27. De aan- en verkoop, de in- en uitvoer, de groot- en kleinhandel, het huren verhuren en het ter beschikking stellen op alle mogelijke wijzen van geluids- en videobanden, films, diareeksen, videospellen, computers en andere audiovisuele middelen
  28. Verkoop van schoonheidsproducten en toiletartikelen
  29. Verkoop van speelgoed
  30. Terbeschikking stellen van streaming video via internet en meer in het algemeen het terbeschikking stellen van allerhande beeld- en geluidsfragmenten via Internet aan het publiek
  31. Groot- en kleinhandel in alle hierbij aanverwante producten en promotiemateriaal
  32. Groot- en kleinhandel in geluids- en beelddragers, zoals onder meer grammafoonplaten, CD's, DVD's, al dan niet bespeelde audio- en videocassettes, enzovoorts
  33. Houder van een depot van kans- en weddenschapsspelen in de meest ruime zin van het woord
  34. Handel in nieuwe en/of gebruikte gemotoriseerde voertuigen
  35. Commissionair in publiciteit en diversen
  36. Verhuren van licht en geluidsinstallaties
  37. Verkoop van snuisterijen, fantasieartikelen, fantasiejuwelen en uurwerken
  38. Verrichten van diensten in de mediasector
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Kalkendorp 23, 9270 Kalken”

deed of 22-06-2020 (in Dutch)

General meeting and financial year

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of March at 20:00

deed of 02-02-2015 (in Dutch)

Inactive

Absorbed by REDERIJ INTERMAS in September 2020

CIRCLE PROJECTS is no longer in the KBO register. REDERIJ INTERMAS took it over in a merger by absorption, published in the Belgian Official Gazette on 2 September 2020.

Status
Inactive
Reason
Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 2 September 2020 · deed
Absorbed by
REDERIJ INTERMAS · 0400.038.391
Last annual accounts
financial year to 30 September 2019
Last registered office
Kalkendorp 23, 9270 Kalkenas published on 2 September 2020
Legal form
Private limited company
First annual accounts
financial year 2001
Official KBO record

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