Equity
€52,527 from €149,123 in 2021
Equity fell by 65% in 2 years.
CIRCLE-PROJECTS AD
Information for creditors
Enterprise Court of Ghent, Ghent division · Official Gazette of 08-12-2025Appeal or third-party opposition 23-12-2025Filing the claim in RegSol 01-01-2026First verification report 06-01-2026Late claim until 02-12-2026
- Dirk Lerouxtrusteedirk.leroux@dl-law.be
Steps, deadlines and articles of law
The procedure
- Supervising judge
- Johan De Vlieger
- Official Gazette
- 08-12-2025search the document for 2025/150592
Deadlines
- Provisional date payments stopped
- 2 December 2025A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition
- passed on 23 December 2025art. XX.108, Code of Economic Law
- Filing the claim in RegSol
- passed on 1 January 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 6 January 2026art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 2 December 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Dirk LerouxKortrijksesteenweg 1166, 9051 D Sint-Denijs-Westrem (Gent)dirk.leroux@dl-law.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- The ordinary term has passed. File a late claim in RegSol (regsol.be) until 2 December 2026, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Lifetime
10 annual accounts with figures on one time axispeak €262,492 (2021)
€17,696▲ €71,022
lowest -€109,566 (2022)
€12,970▲ €122,536
peak €149,123 (2021)
€52,527▲ 32.8%
€9,318▲ 7.2%
Board4 names since 2021
1 director
Documentsfilings and deeds
07-10-202468 days late
2023micro format
Turnover from €4,235 to €46,754Gross margin from -€53,326 to €17,696Back to profit: €12,970Registered office moved from Kortenberg to Kortrijk 24-02Registered office moved from Zoersel to Erps-Kwerps 11-01Equity from €39,557 to €52,527
Key points
from the 2023 annual accounts, the last ones filedResult
€12,970 €12,970
Back in profit in 2023, after a loss of €109,566 in 2022.
Payment terms
17 days to suppliers
CIRCLE-PROJECTS AD pays its suppliers 22 days earlier than in 2022. Customers pay 149 days earlier.
Filings
10 annual accounts 6 late
The 2022 accounts came latest: 434 days after the end of the period.
Lifetime
11 years from 2014 to 2025
At the same address
4 companies
Bramar came to this address 188 days after the ruling.
Recent changes
4 companies at this address later
Allez Ha, Domus Totaalrenovaties, Uckuyulu, Nazli and Bramar · since 2026
Bankruptcy published
Enterprise Court of Ghent, Ghent division · judgment of 02-12-2025 · Bankruptcy
Address struck
KBO administration
Registered office moved from Kortrijk to Ghent
New registered office: Franklin Rooseveltlaan 349, 9000 Gent · Previous registered office: Gentsesteenweg 104, 8500 Kortrijk · Resignation: (director) · General meeting of 01-06-2024 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 02-12-2025
- Legal form
- Private limited company (pre-2019)
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.233.640.972since 24-04-2014
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on CIRCLE-PROJECTS AD
Equity fell from €149,123 in 2021 to €52,527 in 2023.
On 2 December 2025 the court declared CIRCLE-PROJECTS AD bankrupt.
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 CIRCLE-PROJECTS AD
- What is the company number of CIRCLE-PROJECTS AD?
- The company number of CIRCLE-PROJECTS AD is 0550.855.080. The VAT number is the same number with BE in front: BE 0550.855.080.
- What is the legal form of CIRCLE-PROJECTS AD?
- CIRCLE-PROJECTS AD is a private limited company (pre-2019) (BVBA).
- When was CIRCLE-PROJECTS AD founded?
- CIRCLE-PROJECTS AD was founded on 24-04-2014.
- Is CIRCLE-PROJECTS AD still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.Company details
- What is the turnover of CIRCLE-PROJECTS AD?
- The turnover of CIRCLE-PROJECTS AD was €46,754 in financial year 2023, according to the filed annual accounts.Financials
- Is CIRCLE-PROJECTS AD profitable?
- In financial year 2023, CIRCLE-PROJECTS AD made a profit of €12,970.
- Where can I find the annual accounts of CIRCLE-PROJECTS AD?
- CIRCLE-PROJECTS AD filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list