CIRCOMEDIE
ActiveCIRCOMEDIE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €613k and a net result of €66k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+9
Solvency80▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.71 in 2024; short-term debt: 24.8% and cash: 16.1% of total assets), and 45.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 85
Relative position
BE, all sectors
reference
Sector 85
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.7%
Return on assets
5.9%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
14 d early
2023
30 d late
2022
12 d early
2021
26 d early
2020
12 d late
2019
31 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€66k
2024 · €-16k
2018: €-5k
2019: €29k
2020: €3k
2021: €25k
2022: €11k
2023: €31k
2024: €-16k
2018 → 2025
Working capital
€-9k▲ 88.3%
2024 · €-76k
2018: €-24k
2019: €-4k
2020: €22k
2021: €-27k
2022: €-100k
2023: €-169k
2024: €-76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€521k-€531k▲ 2.1%€563k▲ 5.9%€547k▼ 2.8%€613k▲ 12.0%
Operating result€32k-€16k▼ 47.8%€38k▲ 131%€-7k€78k
Net result€25k-€11k▼ 57.8%€31k▲ 193%€-16k€66k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €78k after a loss of €7k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€851k▼ 4.2%
Current assets
€268k▲ 43.7%
Equity and liabilities €1.12M
Equity
€613k▲ 12.0%
Provisions
€95k=
Debt
€412k▼ 4.9%
The debt ratio falls from 40.3% to 36.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€203k▲
2024 · €103k
Cash flow
€190k▲
2024 · €94k
Solvency
54.7%▲
2024 · 50.9%
Current ratio
0.97▲
2024 · 0.71
Quick ratio
0.97▲
2024 · 0.71
Debt / equity
0.67▼
2024 · 0.79
ROE
10.7%▲
2024 · -2.9%
ROA
5.9%▲
2024 · -1.5%
Interest coverage
37.36▲
2024 · 34.91
Debt
€412k▼
2024 · €433k
Debt ≤ 1 year
€277k▲
2024 · €262k
Debt > 1 year
€132k▼
2024 · €166k
Income taxes
€9k▲
2024 · €7k
Staff costs
€516k▲
2024 · €472k
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€1.08M€1.12M▲
Fixed assets21/28€889k€851k▼
Tangible fixed assets22/27€818k€780k▼
Land and buildings22€787k€755k▼
Plant, machinery and equipment23€28k€20k▼
Furniture and vehicles24€4k€6k▲
Financial fixed assets28€71k€71k=
Current assets29/58€187k€268k▲
Amounts receivable within one year40/41€62k€72k▲
Trade receivables40€61k€69k▲
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€110k€180k▲
Deferred charges and accrued income490/1€15k€16k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.12M▲
Equity10/15€547k€613k▲
Reserves13€120k€120k=
Profit (loss) carried forward14€427k€493k▲
Provisions and deferred taxes16€95k€95k=
Provisions for liabilities and charges160/5€95k€95k=
Pensions and similar obligations160€95k€95k=
Amounts payable17/49€433k€412k▼
Amounts payable after more than one year17€166k€132k▼
Financial debts170/4€157k€123k▼
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€262k€277k▲
Current portion of amounts payable after more than one year42€33k€34k▲
Trade debts44€37k€47k▲
Suppliers440/4€37k€47k▲
Advances received on contracts in progress46€402€402=
Taxes, remuneration and social security45€53k€83k▲
Taxes450/3€9k€21k▲
Remuneration and social security454/9€44k€62k▲
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€472k€516k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€124k▲
Other operating charges640/8€10k€8k▼
Gross operating margin9900€585k€727k▲
Operating profit (loss)9901€-7k€78k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€-9k€74k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€-16k€66k▲
Profit (loss) for the period to be appropriated9905€-16k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€459k€493k▲
Profit (loss) brought forward from the previous period14P€474k€427k▼
From contributions791€89k-
To contributions691€120k-
Social balance
Average headcount (FTE)90879.49.9▲
The notes to these accounts (11 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €66k
Net result €66k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-16k ▼150%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
09-07
State Gazette act
General meeting · Director resignation
Director appointment
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500kEq €521k ▲5.1%
3 profitable years in a row build equity to €521k.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
2020
11-09
State Gazette act
General meeting · Director resignation
Director appointment · Board meeting
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
02-02
State Gazette act
Deed · Board meeting
Director appointment · General meeting
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
2014
24-07
State Gazette act
General meeting · Director appointment
Board meeting · Director resignation
31-01
State Gazette act
General meeting · Board composition
Board meeting · Director resignation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Fleurus · 1 establishment unit since 2008
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.
Ruelle de l'Abbaye(FL) 2516220 Fleurus1 establishment unit
CIRCOMEDIE
since 20082.197.706.234
Structure & network
Ownership & control
1 partyCIRCOMEDIEBE 0475.514.883
controls
Where this company holds controlthis company sits on their board1
1 location
Public money · subsidies and aid
Wallonia-Brussels Federation
2023 to 2025 · 9 entries · 301,260 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 3 | 129,104 EUR |
| 2024 | 2 | 85,449 EUR |
| 2023 | 4 | 86,706 EUR |
Budget allocations
Conventions et contrats programmes indexés dans le domaine des Centres d'Expression et de Créativité et des Pratiques en Amateurs
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Of 1,999 companies in sector 85520 we hold annual accounts for 121. 66 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded06-08-2000
Fiscal year end31-12
Activities, NACEBEL
85520Cultural education
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.circomedie.be
E-mail:david@circomedie.br