CIRCLE SERVICES INTERNATIONAL
ActiveCIRCLE SERVICES INTERNATIONAL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €-5k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency97▲+1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 2.04 in 2024), and 45.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.5%
Return on assets
-3.9%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
26 d late
2023
49 d late
2022
11 d late
2021
31 d late
2020
31 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▼ 6.6%
2024 · €75k
2018: €108k
2019: €121k
2020: €107k
2021: €104k
2022: €97k
2023: €83k
2024: €75k
2018 → 2025
Total assets
€129k▼ 8.6%
2024 · €141k
2018: €206k
2019: €174k
2020: €191k
2021: €193k
2022: €186k
2023: €156k
2024: €141k
2018 → 2025
Net result
€-5k▲ 39.3%
2024 · €-8k
2018: €15k
2019: €14k
2020: €12k
2021: €-3k
2022: €-7k
2023: €-14k
2024: €-8k
2018 → 2025
Working capital
€60k▼ 9.5%
2024 · €67k
2018: €62k
2019: €86k
2020: €47k
2021: €83k
2022: €86k
2023: €71k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€97k▼ 6.6%€83k▼ 14.0%€75k▼ 9.8%€70k▼ 6.6%
Operating result€1k-€-3k€-13k▼ 302%€-9k▲ 33.2%€-5k▲ 38.0%
Net result€-3k-€-7k▼ 144%€-14k▼ 98.3%€-8k▲ 39.6%€-5k▲ 39.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€10k=
Current assets
€119k▼ 9.3%
Equity and liabilities €129k
Equity
€70k▼ 6.6%
Debt
€59k▼ 10.9%
The debt ratio falls from 46.6% to 45.5%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
54.5%▲
2024 · 53.4%
Current ratio
2.03▼
2024 · 2.04
Quick ratio
2.03▼
2024 · 2.04
Debt / equity
0.83▼
2024 · 0.87
ROE
-7.1%▲
2024 · -10.9%
ROA
-3.9%▲
2024 · -5.8%
Debt
€59k▼
2024 · €66k
Debt ≤ 1 year
€58k▼
2024 · €64k
Income taxes
€281▲
2024 · €257
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€141k€129k▼
Fixed assets21/28€10k€10k=
Financial fixed assets28€10k€10k=
Current assets29/58€131k€119k▼
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40€363€1k▲
Other amounts receivable41€2k€2k▲
Current investments50/53€11€11=
Cash at bank and in hand54/58€128k€114k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€141k€129k▼
Equity10/15€75k€70k▼
Contributions10/11€19k€19k=
Reserves13€85k€85k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€80k€80k=
Profit (loss) carried forward14€-29k€-34k▼
Amounts payable17/49€66k€59k▼
Amounts payable within one year42/48€64k€58k▼
Trade debts44€393€1k▲
Suppliers440/4€393€1k▲
Taxes, remuneration and social security45€17€108▲
Taxes450/3€17€108▲
Other amounts payable47/48€64k€57k▼
Accrued charges and deferred income492/3€2k€205▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-3k€-4k▼
Operating profit (loss)9901€-9k€-5k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€317€380▲
Recurring financial charges65€317€380▲
Profit (loss) for the period before taxes9903€-8k€-5k▲
Income taxes67/77€257€281▲
Profit (loss) for the period9904€-8k€-5k▲
Profit (loss) for the period to be appropriated9905€-8k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-34k▼
Profit (loss) brought forward from the previous period14P€-20k€-29k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Noulaertsplein 82650 EdegemGround area
215 m²
Building footprint
118 m²
Volume, LiDAR
813 m³
Parcel 11013A0224/00A006, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C.S. INT.
since 20012.094.531.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0224/00A006 | Flanders | 215 m² | 1 · 118 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Vince Corp.
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 39,518 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-11-2001
Fiscal year end31-12
Abbreviation NL
C.S.INT.
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.