Summary
Conclusion
the dossier summarised in one paragraphThe file of Circular Textiles contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 8.3% (elevated). No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.
Based on State Gazette and CBE data.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone8.3%
Elevated
0%0,5%1,5%4%10%≥25%
Judicial reorganisation on record
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 events03-01-2024
Judicial reorganisation
Plan homologation
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 24-09-2025, 24 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.
How we compute the deadline
This company changed its financial year: its two most recent filings do not close on the same date. Each filed year keeps its own exact deadline, but we project no following year on 31-01, because adding twelve months right after a change is unreliable. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-01-2025, that is 31-08-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-01-2025 | 31-08-2025 | 24-09-2025 | 24 d late | 2025-00500482 |
| 31-03-2024 | 31-10-2024 | 05-11-2024 | 5 d late | 2024-00532572 |
| 31-03-2023 | 31-10-2023 | 25-10-2023 | 6 d early | 2023-00503066 |
| 31-12-2021 | 31-07-2022 | 11-07-2022 | 20 d early | 2022-20191733 |
| 30-09-2020 | 30-04-2021 | 06-05-2021 | 6 d late | 2021-13400490 |
| 30-09-2019 | 30-04-2020 | 29-07-2020 | 90 d late | 2020-37800196 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
1 signalEarlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
Annual accounts & ratios
Source: NBBFinancials being processed
NBB has 6 filing(s) on record for this company, latest fiscal year 2025 (verkort). The annual accounts are being processed.
Filings on record
| Fiscal year | Type | Filed | Reference |
|---|---|---|---|
| 31-01-2025 | verkort | 24-09-2025 | 2025-00500482 |
| 31-03-2024 | verkort | 05-11-2024 | 2024-00532572 |
| 31-03-2023 | verkort | 25-10-2023 | 2023-00503066 |
| 31-12-2021 | micro | 11-07-2022 | 2022-20191733 |
| 30-09-2020 | verkort | 06-05-2021 | 2021-13400490 |
| 30-09-2019 | verkort | 29-07-2020 | 2020-37800196 |
Directors
Directors & mandates
23 directorsCurrent directors & mandates
-
DiPolarisPrivate limited companyDirector· perm. rep.: Dorien TimmermansState Gazette act 25151372 (28-11-2025)Current20-10-2025 → present
-
AmlutimiPrivate limited companyDirector· perm. rep.: Ann ClaesState Gazette act 25018739 (05-02-2025)Current29-08-2024 → present
-
Bart ConnectPrivate limited companyDirector· perm. rep.: Bart ClaesState Gazette act 25018739 (05-02-2025)Current29-08-2024 → present
-
Cie.Private limited companyDirector· perm. rep.: Vaes CielkeState Gazette act 25018739 (05-02-2025)Current29-08-2024 → present
-
JRDNSPrivate limited companyDirector· perm. rep.: Jordens HansState Gazette act 25018739 (05-02-2025)Current29-08-2024 → present
-
SUMPrivate limited companyDirector· perm. rep.: Sam Van RoosbroeckState Gazette act 25018739 (05-02-2025)Current29-08-2024 → present
Show 4 more sitting directors
-
CONCILIUMPrivate limited companyDirector· perm. rep.: VAN DEN BROECK BartState Gazette act 23301586 (05-01-2023)Current01-04-2022 → present
-
MOONLANDERPrivate limited companyDirector· perm. rep.: DESMEDET LanderState Gazette act 23301586 (05-01-2023)Current01-04-2022 → present
-
Current18-08-2021 → present
-
TRIVIDEND - VLAAMS PARTICIPATIEFONDS VOOR DE SOCIALE ECONOMIECooperative companyDirector· perm. rep.: Piet CallensState Gazette act 20136632 (19-11-2020)Current19-11-2020 → present
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2019
-
Varramista VenturesPrivate limited companyDirector· perm. rep.: WINKELMANS Hendrik AngèleState Gazette act 19341889 (04-11-2019)Not recently confirmedlast confirmed in an act from 2019
Former directors (11)
-
BV SUMLegal entityDirector· perm. rep.: Sam VanroosbroeckState Gazette act 25151372 (28-11-2025)Former- → 20-10-2025
-
BV CONCILIUMLegal entityDirector· perm. rep.: Van den Broeck BartState Gazette act 25018739 (05-02-2025)Former- → 29-08-2024
-
Former11-06-2021 → 29-08-2024
2 events
- 29-08-2024 Resigned· Director
- 11-06-2021 Appointed· Director
-
Mandarino BvLegal entityDirector· perm. rep.: Spittaels StevenState Gazette act 21069521 (11-06-2021)Former11-06-2021 → 29-08-2024
2 events
- 29-08-2024 Resigned· Director
- 11-06-2021 Appointed· Director
-
Trividend CVLegal entityDirector· perm. rep.: Callens PieterState Gazette act 25018739 (05-02-2025)Former- → 29-08-2024
6 further former directors in the mandate history. Available in Kantoor S.
See plans →
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
2 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Olaf Janssen |
- | 27-03-2025 → present |
| EY BedrijfsrevisorenCurrent Statutory auditor · represented by Stefan Olivier |
- | 30-01-2025 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Groothandel in kleding, met uitzondering van werk- en onderkleding(46423) |
| Legal form | Private limited company(610) |
| Incorporation | 05-10-2017 |
| Status | Active |
| Postal code | 3530 |
| First insolvency signal | 07-11-2023 |
| Latest insolvency signal | 03-01-2024 |
Structure & network
Connections & network
22 connected companies16 further connections in this company's network. Available in Kantoor S.
See plans →Group structure
Sits on the board · 3 subsidiaries · 1 location
Control→
Sits on the board · 3 subsidiaries · 1 location
Control→
Sits on the board · 5 subsidiaries · 1 location
Control→
Sits on the board · 1 subsidiary · 1 location
Control→
Show 6 more group companies
Sits on the board · 4 subsidiaries · 1 location
Control→
Sits on the board · 5 subsidiaries · 1 location
Control→
Sits on the board · 1 subsidiary · 1 location
Control→
Sits on the board · 2 subsidiaries · 1 location
Control→
Sits on the board · 3 subsidiaries · 1 location
Control→
Sits on the board · 3 subsidiaries
Control→
Network connections
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Show 2 more network connections
Shared corporate director
→
Shared corporate director
→
6 further connected companies in this network. Available in Kantoor S.
See plans →
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
10 partiesControl over this companysits on this company's board10
5 subsidiaries · 1 location
5 subsidiaries · 1 location
4 subsidiaries · 1 location
3 subsidiaries · 1 location
3 subsidiaries · 1 location
3 subsidiaries · 1 location
+4 more
in the list below
controls
Circular TextilesBE 0682.598.502
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Centrum-Zuid 34013530 Houthalen-HelchterenEstablishment units
1 locationCircular Textiles
since 20172.268.652.232
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3.1 ha
Buildings1
Building footprint3,719 m²
Volume (LiDAR)60,127 m³
Tallest building20.7 m · ±6 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0770/00F000 | Flanders | 3.1 ha | 1 · 3,719 m² | 20.7 m · 6 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
2 events from the State Gazette03-01-2024
Judicial reorganisation
Plan homologation
Full insolvency chronology
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 31-10-2023 to 27-12-2023.
Available in Kantoor S.
See plans →
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
14 acts Address history · 2
05-01-2023
v3.2
18-07-2019
v3.2
All acts · 14
updated 9 months ago
2025
28-11-2025 1 director appointed, 1 resigning
09-07-2025 1 director appointed, 1 resigning
04-03-2025 Stefan Olivier appointed as statutory auditor
05-02-2025 5 directors appointed, 6 resigning
- Bart Claes, Bestuurder
- Ann Claes, Bestuurder
- Sam Van Roosbroeck, Bestuurder
- Vaes Cielke, Bestuurder
- Jordens Hans, Bestuurder
- Lander Desmedt, Bestuurder
- Chapelle Anne, Bestuurder
- Vandersypen Klaartje, Bestuurder
Summary:
v3.2
2023
05-01-2023 Registered office moved from Mechelen to Antwerpen
- Motstraat 54, 2800 Mechelen → Kruishofstraat 140, 2020 Antwerpen
Summary:
v3.2
2022
21-09-2022 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Tim CARNEWAL · BrusselFirm:
BERQUIN NOTARISSEN
2021
07-10-2021 Articles of association amended
Summary:
v3.2
21-09-2021 Articles of association amended
Summary:
v3.2
11-06-2021 2 directors appointed, 1 resigning
- Steven Spittaels, Bestuurder
- Anne Chapelle, Bestuurder
- Winkelmans Hendrik, Bestuurder
Summary:
v3.2
2020
19-11-2020 Piet Callens appointed as director
13-10-2020 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Eric De Bie · Antwerpen-Ekeren
2019
04-11-2019 Articles of association amended
Summary:
v3.2
18-07-2019 Registered office moved within Antwerpen
- Kipdorp 33, 2000 Antwerpen → Lange Koepoorstraat 64, 2000 Antwerpen
Summary:
v3.2
2017
09-10-2017 Incorporation of a new BV
Summary:
oprichting
Analysis
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionBE 0554.732.607 · Houthalen-Helchteren
BE 0429.340.608 · Houthalen-Helchteren
BE 0732.623.479 · Hasselt
BE 0463.837.073 · Oud-Heverlee
BE 0543.993.519 · Hechtel-Eksel
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 115 of the 1,307 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Groothandel in kleding, met uitzondering van werk- en onderkleding46423Groothandel in kledingaccessoires46424Detailhandel in tweedehandskleding47792Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen74111
Primary activity highlighted.
Names & trade names
| Legal nameNL | Circular Textiles |
Registered office
Centrum-Zuid 3401
3530 Houthalen-Helchteren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.