CIRCUM
The computed 12-month bankruptcy probability of CIRCUM is 4.4% (elevated). The 2023 annual accounts show negative equity (€-21k) and a net result of €720. Equity is growing by ~2.6% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-21k |
| Net result | €720 |
| Active | 8 yrs |
| Publications | 3 |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €3k |
| Net profit | €720 |
| Cash flow | €3k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €70k |
| Equity | €-21k |
| Debt | €91k |
| of which ≤ 1y | €91k |
| of which > 1y | - |
| Working capital | €-29k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.68 |
| Quick ratio | 0.68 |
| Working capital ratio | -41.2% |
| Solvency | -29.8% |
| Debt / equity | -4.36 |
| Long-term debt ratio | - |
| Interest coverage | 59.73 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.0% |
| ROE | -3.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €70k |
| Fixed assets | 21/28 | €8k |
| Intangible fixed assets | 21 | €8k |
| Current assets | 29/58 | €62k |
| Amounts receivable within one year | 40/41 | €62k |
| Cash & bank | 54/58 | €34 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €70k |
| Equity | 10/15 | €-21k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-27k |
| Amounts payable | 17/49 | €91k |
| Amounts payable within one year | 42/48 | €91k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €767 |
| Financial charges | 65 | €46 |
| Result before taxes | 9903 | €720 |
| Net result for the period | 9904 | €720 |
| Result to be appropriated | 9905 | €720 |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 11-10-2017 |
| Status | Active |
| Postal code | 1000 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0187/00T014 | Brussels | 195 m² | 1 · 196 m² | 19.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-10-2024 AÏSSAOUI Hamza appointed as director
- AÏSSAOUI Hamza, Bestuurder
Technical details
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"notary": {
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"act_meta": {
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"pub_date": "2024-10-08",
"filing_date": "2024-10-04",
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],
"corrected_publication_numac": null
}09-06-2022 Registered office moved within Bruxelles
- Rue du Midi 61 - 1000 Bruxelles → Boulevard du Midi 61 1000 Bruxelles
Technical details
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"co_filed_documents": [
"Med DOC 19.01"
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}11-04-2022 Registered office moved from Ixelles to Bruxelles
- Rue des Chevaliers 18 - 1050 Ixelles → Rue du Midi 61 1000 Bruxelles
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | CIRCUM |