CIREC
The computed 12-month bankruptcy probability of CIREC is 2.2% (moderate). The 2024 annual accounts show equity of €56k and a net result of €-988. Its solvency ranks better than 78% of 3320 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €56k |
| Net result | €-988 |
| Staff (FTE) | 1 |
| Better than sector | 78% |
Mixed profile: strong on solvency, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 63.9% | 25.2% | |
| Net result | €-988 | €4k | |
| Equity | €56k | €23k | |
| Gross operating margin | €22k | €19k | |
| Staff costs | €21k | €27k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-400 |
| Net profit | €-988 |
| Cash flow | €-566 |
| Staff costs | €21k |
| Income taxes | €7 |
| Dividends | - |
| Total assets | €88k |
| Equity | €56k |
| Debt | €32k |
| of which ≤ 1y | €32k |
| of which > 1y | - |
| Working capital | €34k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 2.07 |
| Quick ratio | 2.07 |
| Working capital ratio | 38.8% |
| Solvency | 63.9% |
| Debt / equity | 0.56 |
| Long-term debt ratio | - |
| Interest coverage | -2.51 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.1% |
| ROE | -1.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €88k |
| Fixed assets | 21/28 | €22k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €19k |
| Current assets | 29/58 | €66k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €55k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €88k |
| Equity | 10/15 | €56k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €26k |
| Amounts payable | 17/49 | €32k |
| Amounts payable within one year | 42/48 | €32k |
| Trade debts payable within one year | 44 | €21k |
| Income statement | ||
| Gross operating margin | 9900 | €22k |
| Operating result | 9901 | €-822 |
| Financial charges | 65 | €159 |
| Result before taxes | 9903 | €-981 |
| Income taxes | 67/77 | €7 |
| Net result for the period | 9904 | €-988 |
| Result to be appropriated | 9905 | €-988 |
| NACE primary | Wholesale trade(46500) |
| Legal form | Private limited company(610) |
| Incorporation | 30-09-2022 |
| Status | Active |
| Postal code | 8560 |
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. |
|---|---|---|---|---|
| 34041C0793/00T002 | Flanders | 8,702 m² | 1 · 2,021 m² | 9.0 m · 1 fl. |
| 34042C0145/00F004 | Flanders | 1,138 m² | 1 · 150 m² | 8.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-03-2025 Registered office moved from Zwevegem to Wevelgem
- Bellegemstraat 24 bus A, 8550 Zwevegem, België → Vlamingstraat 4, 8560 Wevelgem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Vlamingstraat 4, 8560 Wevelgem",
"city": "Wevelgem",
"region": "vlaams_gewest",
"street": "Vlamingstraat",
"country": "BE",
"postcode": "8560",
"box_number": null,
"street_number": "4",
"locality_suffix": null
},
"old_address": {
"raw": "Bellegemstraat 24 bus A, 8550 Zwevegem, Belgi\u00EB",
"city": "Zwevegem",
"region": "vlaams_gewest",
"street": "Bellegemstraat",
"country": "BE",
"postcode": "8550",
"box_number": "A",
"street_number": "24",
"locality_suffix": null
},
"effective_date": "2025-01-01",
"evidence_quote": "De bijzondere algemene vergadering heeft beslist vanaf 01 januari 2025 de maatschappelijke zetel te verplaatsen naar volgend adres: Vlamingstraat 4, 8560 Wevelgem.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-10",
"filing_date": "2025-02-27",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2025-01-01",
"unanimous": true
},
"subject_company": {
"kbo": "0791.685.591",
"name_full": "Cirec",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Kristof",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | CIREC |