CIRCUZE
ActiveCIRCUZE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €5k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-14
Solvency100▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.43 against 4.56 in 2024; short-term debt: 14.3% and cash: 62.7% of total assets), and 23.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.5%
Return on assets
6.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
60 d early
2024
58 d early
2023
58 d early
2022
45 d early
2021
30 d early
2020
58 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€58k▲ 9.0%
2024 · €53k
2018: €34k
2019: €36k
2020: €36k
2021: €37k
2022: €39k
2023: €40k
2024: €53k
2018 → 2025
Total assets
€75k▲ 5.4%
2024 · €71k
2018: €92k
2019: €92k
2020: €75k
2021: €59k
2022: €63k
2023: €58k
2024: €71k
2018 → 2025
Net result
€5k▼ 63.4%
2024 · €13k
2018: €28k
2019: €28k
2020: €1k
2021: €999
2022: €1k
2023: €1k
2024: €13k
2018 → 2025
Working capital
€59k▲ 27.0%
2024 · €46k
2018: €72k
2019: €71k
2020: €32k
2021: €30k
2022: €30k
2023: €30k
2024: €46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€39k▲ 3.6%€40k▲ 3.4%€53k▲ 32.4%€58k▲ 9.0%
Operating result€2k-€3k▲ 17.3%€3k▲ 9.5%€19k▲ 511%€8k▼ 56.6%
Net result€999-€1k▲ 32.9%€1k▼ 2.3%€13k▲ 898%€5k▼ 63.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€6k▼ 51.6%
Current assets
€69k▲ 17.4%
Equity and liabilities €75k
Equity
€58k▲ 9.0%
Debt
€18k▼ 4.8%
The debt ratio falls from 26.0% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▼
2024 · €25k
Cash flow
€7k▼
2024 · €19k
Solvency
76.5%▲
2024 · 74.0%
Current ratio
6.43▲
2024 · 4.56
Quick ratio
6.04▲
2024 · 4.33
Debt / equity
0.31▼
2024 · 0.35
ROE
8.2%▼
2024 · 24.5%
ROA
6.3%▼
2024 · 18.1%
Interest coverage
42.49▼
2024 · 66.43
Debt
€18k▼
2024 · €19k
Debt ≤ 1 year
€11k▼
2024 · €13k
Debt > 1 year
€0▼
2024 · €1k
Income taxes
€3k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€71k€75k▲
Fixed assets21/28€12k€6k▼
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23€184€30▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€4k€0▼
Current assets29/58€59k€69k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€12k€17k▲
Trade receivables40€12k€15k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€43k€47k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€71k€75k▲
Equity10/15€53k€58k▲
Contributions10/11€6k€6k=
Reserves13€47k€51k▲
Distributable reserves133€47k€51k▲
Amounts payable17/49€19k€18k▼
Amounts payable after more than one year17€1k€0▼
Financial debts170/4€1k€0▼
Amounts payable within one year42/48€13k€11k▼
Current portion of amounts payable after more than one year42€3k€1k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Other amounts payable47/48€993€559▼
Accrued charges and deferred income492/3€4k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€449€462▲
Gross operating margin9900€25k€13k▼
Operating profit (loss)9901€19k€8k▼
Financial income75/76B€123€68▼
Recurring financial income75€123€68▼
Financial charges65/66B€370€254▼
Recurring financial charges65€370€254▼
Profit (loss) for the period before taxes9903€18k€8k▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€13k€5k▼
Profit (loss) for the period to be appropriated9905€13k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€5k▼
Transfer to equity691/2€13k€5k▼
To other reserves6921€13k€5k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €999 ▼28.1%
Net result drops to €999, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bree · 1 establishment unit since 2017
Cannot 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.
Stukkenstraat 43960 BreeGround area
988 m²
Building footprint
101 m²
Volume, LiDAR
643 m³
Parcel 72004C0266/00F003, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Circuze
since 20172.268.550.579
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004C0266/00F003 | Flanders | 988 m² | 1 · 101 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 154 EUR awarded · 154 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 154 EUR | 154 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
B. ART IN MOTION
BE 0473.303.283
Jette · Eq €58k
COGIA-S
BE 0465.131.232
Verviers · Eq €58k
PAP Partners
BE 0467.048.466
Sint-Pieters-Woluwe · Eq €58k
BURNIAUX Françoise
BE 0589.979.338
Braine-l'Alleud · Eq €58k
PRINTALERT
BE 0894.941.596
Antwerpen · Eq €58k
Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 3,021 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2017
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:veerle@circuze.be