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Complete company report
Generated 12-07-2026
Active BE 0793.382.794Private limited company

CIRCULE

Avenue Napoléon 1 ·1380 Lasne, Belgium· 3 yrs active
Sector: Retail trade (47554)
Conclusion Checked

The computed 12-month bankruptcy probability of CIRCULE is 3.4% (moderate). The 2024 annual accounts show equity of €4k and a net result of €-4k. Its solvency ranks better than 59% of 6639 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €4k
Net result €-4k
Better than sector 59%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health30Profitability0Solvency49Growth55Stability94
46 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 30
Profitability 0
Solvency 49
Growth 55
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.4% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
30 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 21-07-2025 with the NBB · fiscal year 2024 · micro
€-10k€-5k€0Revenue 2023: €2k€2kOperating result 2023: €-7k€-7kNet result 2023: €-8k€-8kRevenue 2024: €2k€2kOperating result 2024: €-3k€-3kNet result 2024: €-4k€-4k20232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 29.7% 20.3%
better than 59% of 6639 sector peers
Net result €-4k €4k
better than 27% of 6620 sector peers
Equity €4k €16k
better than 34% of 6653 sector peers
Gross operating margin €-286 €24k
better than 20% of 6599 sector peers
Total assets €14k €94k
better than 11% of 6643 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€2k
+4.6% 23-24
EBITDA
€-853
+85.1% far below sector median
Net profit
€-4k
+56.3% far below sector median
Cash flow
€-1k
+80.7% far below sector median
Total assets
€14k
-14.4% -96% vs sector
Equity
€4k
-45.5% -94% vs sector
Working capital
€1k
-48.6% -97% vs sector
Debt
€10k
+12.8% -96% vs sector
Debt ≤ 1y
€10k
+12.8% -94% vs sector
Current ratio
1.13
-12.2% -25% vs sector
Quick ratio
0.82
-16.6% +83% vs sector
Solvency
29.7%
-36.3% +1% vs sector
Debt / equity
2.37
+107.1% -2% vs sector
ROE
-83.5%
+19.7% far below sector median
ROA
-24.8%
+48.9% far below sector median
Net margin
-183.6%
+58.2% 23-24
EBITDA margin
-43.9%
+85.8% 23-24
Interest coverage
-2.13
+72.2% far below sector median
Figures by fiscal year
Fiscal year2024
Revenue€2k
EBITDA€-853
Net profit€-4k
Cash flow€-1k
Staff costs-
Income taxes-
Dividends-
Total assets€14k
Equity€4k
Debt€10k
of which ≤ 1y€10k
of which > 1y-
Working capital€1k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.13
Quick ratio0.82
Working capital ratio9.2%
Solvency29.7%
Debt / equity2.37
Long-term debt ratio-
Interest coverage-2.13
Gross margin-14.7%
Net margin-183.6%
ROA-24.8%
ROE-83.5%
EBITDA margin-43.9%
Days sales outstanding89d
Days payable outstanding25d
Inventory turnover0.72
Days inventory (DSI)507d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€14k
Fixed assets 21/28€3k
Intangible fixed assets 21€561
Tangible fixed assets 22/27€2k
Financial fixed assets 28€0
Current assets 29/58€11k
Stocks & contracts in progress 3€3k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€14k
Equity 10/15€4k
Contributions / capital 10/11€16k
Accumulated profits (losses) 14€-12k
Amounts payable 17/49€10k
Amounts payable within one year 42/48€10k
Trade debts payable within one year 44€150
Income statement
Turnover 70€2k
Gross operating margin 9900€-286
Operating result 9901€-3k
Financial charges 65€400
Result before taxes 9903€-4k
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
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Ratios computed by Checked.
Legal Structure
NACE primary Retail trade(47554)
Legal form Private limited company(610)
Incorporation08-11-2022
StatusActive
Postal code1380
Real-estate footprint Source: CBE × cadastre

Parcels 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.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25087C0445/00P000 Wallonia 1,206 m² 1 · 120 m² 8.2 m · 2 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.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
21-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
05-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in babyartikelen (algemeen assortiment)47554Detailhandel in babyartikelen (algemeen assortiment)47788Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Markt- en opinieonderzoekbureaus73200Markt- en opinieonderzoek73200Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300Beroepsopleiding85592Beroepsopleiding85592
Primary activity highlighted.
Names & trade names
Legal nameFR CIRCULE
Registered office
Avenue Napoléon 1
1380 Lasne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative