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CIRCULAR ORGANICS

Inactive
KBO/BCE: BE 0500.680.346

CIRCULAR ORGANICS was declared bankrupt on 15-06-2021 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 05-11-2024, published in the Belgian State Gazette on 12-11-2024.

Summary

Inactive; last annual accounts for fiscal year 2019.

CIRCULAR ORGANICSInactive

Overview

Activity
Activity not known
Size
€398,020total assets 2019
Staff
12 FTE
Equity
-€899,228
Loss
-€2.1m
Turnover not published (abridged schema)
Financial health
Inactive: no score
Structure
Accounts 1894 days overdue0 of 8 deeds read
Signals- Filed more than 90 days latePrior bankruptcyNo filing for yearsShow the evidence

Signals

Three signals.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline07-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 27-11-2020, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filings
Deviation from the deadline
2019
119 days late
2018
35 days late
2017
34 days early
2016
40 days early
2015
41 days early
2014
31 days early
2013
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Bankruptcy closure (by liquidation)Ondernemingsrechtbank Antwerpen, afdeling Turnhout ·…
  2. OpeningOndernemingsrechtbank Antwerpen, afdeling Turnhout ·…
  3. Annual accounts filedfiscal year 2019 · abbreviated…

Key points

  • Risk: No longer active Inactive View
  • Caution: Result fell in 2019from -€310,801 to -€2.1m ▼ 570% View
  • EU research moneyEU contribution €212,028 View

By topic

Financials

Fiscal year
2019
Total assets
€398,020
Loss
-€2.1m
Solvency
-225.9%
Total assets▼ 80.7%
Net result
20182019
Go to Financials

Timeline

Events
9
Since
2014
  1. 04-09-2019Annual accounts filed
  2. 27-06-2018Annual accounts filed
  3. 21-06-2017Annual accounts filed
Go to Timeline