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CIRCUM

Active
Private limited companyfounded 2017active for 9 yearsZuidlaan 61, 1000 Brussel, BelgiumKBO/BCE: BE 0682.814.177
Summary

The computed 12-month bankruptcy probability of CIRCUM is 19.9% (high). For CIRCUM, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€20,850) and a net result of €720. Equity is growing by about 2.6% per year across the filed financial years. The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
“L'organisation d'un commerce de restauration en ce compris la tenue de débits de boissons…” (deed in French)
From the articles, 11 activitiesNo NACE code in the KBO yet
Size
€70,031total assets 2023
Equity
-€20,850
Profit
€720
Financial health
Bankruptcy probabilitywithin 12 months
19.9%
2023 figures too old to score
Structure
Accounts 447 days overdue1 of 6 deeds read
Signalsraises riskFigures for financial year 2023 (filed 22-08-2024)No registered site in the KBONo filing in 24 months (latest 22-08-2024)Two or more financial years not filedlowers riskSize: total assets €70,031neutralA punctual record breaksShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0=
equity -29.8% of total assets
Liquidity 0=
short-term debt 129.8% · cash 0.0%
Profitability 70-27
return on assets 1.0%
Bankruptcy probability, 12 months
19.9% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 4.7% 12-2024: 4.7%● unchanged vs 11-2024 01-2025: 4.7%● unchanged vs 12-2024 02-2025: 4.7%● unchanged vs 01-2025 03-2025: 4.9%▲ +0.2 percentage points vs 02-2025 04-2025: 4.9%● unchanged vs 03-2025 05-2025: 4.8%▼ -0.1 percentage points vs 04-2025 06-2025: 4.4%▼ -0.4 percentage points vs 05-2025 07-2025: 4.4%● unchanged vs 06-2025lowest value 08-2025: 5.9%▲ +1.5 percentage points vs 07-2025 09-2025: 6.6%▲ +0.7 percentage points vs 08-2025 10-2025: 10.2%▲ +3.6 percentage points vs 09-2025 11-2025: 9.6%▼ -0.6 percentage points vs 10-2025 12-2025: 11.0%▲ +1.4 percentage points vs 11-2025 01-2026: 13.2%▲ +2.2 percentage points vs 12-2025 02-2026: 13.2%● unchanged vs 01-2026 03-2026: 13.5%▲ +0.3 percentage points vs 02-2026 04-2026: 13.0%▼ -0.5 percentage points vs 03-2026 05-2026: 13.0%● unchanged vs 04-2026 06-2026: 12.8%▼ -0.2 percentage points vs 05-2026 07-2026: 12.8%● unchanged vs 06-2026 08-2026: 13.3%▲ +0.5 percentage points vs 07-2026 09-2026: 19.9%▲ +6.6 percentage points vs 08-2026highest value 10-2026: 19.9%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 22-08-2024)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · No filing in 24 months (latest 22-08-2024)
NBB · filings
lowers risk · Size: total assets €70,031
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline21-10-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-08-2024, 22 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
22 days late
2022
28 days early
2021
10 days early
2020
31 days early
2019
192 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 29 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: AÏSSAOUI Hamza (manager)Appointment: AÏSSAOUI Hamza (director) ·…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 447 days late View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€20,850 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2023
Total assets
€70,031
Profit
€720
Solvency
-29.8%
Total assets▼ 2.9%
Net result
20182023
Go to Financials

Timeline

Events
10
Since
2019
  1. 31-12-2022Back to profit
  2. 21-07-2022Annual accounts filed
  3. 30-06-2021Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company
Founded
11-10-2017
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
43
Annual meeting
Second Tuesday of June at 18:00
Purpose
“L'organisation d'un commerce de restauration en ce compris la tenue de débits de boissons…” (deed in French)
Go to Articles of association

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