CIRKANT
ActiveSummary
CIRKANT has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.0m and a net result of €650,309. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 398 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-1
Solvency100▲+2
Growth64=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
83.9%
Return on assets
5%
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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
59 d early
2023
54 d early
2022
62 d early
2021
73 d early
2020
65 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 64 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 company by total assets in Turnhout, Health and social work sector#4 company by equity in Turnhout, Health and social work sector#6 oldest company in Turnhout, Health and social work sector
Turnover
€2,220▲ 2.7%
2024 · €2,161
EBIT margin
26832.6%▲ 7129.0pp
2024 · 19703.6%
Net result
€650,309▲ 27.1%
2024 · €511,491
Working capital
€8.4m▲ 117%
2024 · €3.8m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€4,067▲ 44.3%€2,691▼ 33.8%€4,947▲ 83.8%€2,161▼ 56.3%€2,220▲ 2.7%
Operating result€425,823▲ 22.1%€105,538▼ 75.2%€125,754▲ 19.2%€425,804▲ 239%€595,696▲ 39.9%
Net result€405,599above the sector's middle half▲ 22.1%€80,409within the sector's middle half▼ 80.2%€125,823within the sector's middle half▲ 56.5%€511,491above the sector's middle half▲ 307%€650,309above the sector's middle half▲ 27.1%
EBIT margin10470.2%▼ 1905.7pp3921.9%▼ 6548.3pp2541.8%▼ 1380.1pp19703.6%▲ 17161.7pp26832.6%▲ 7129.0pp
Equity€5.9mabove the sector's middle half▲ 7.6%€5.9mabove the sector's middle half▲ 1.4%€6.0mabove the sector's middle half▲ 1.2%€6.4mabove the sector's middle half▲ 7.2%€11.0mabove the sector's middle half▲ 70.3%
Total assets€8.0mabove the sector's middle half▲ 10.4%€8.0mabove the sector's middle half▲ 0.1%€8.4mabove the sector's middle half▲ 5.4%€8.8mabove the sector's middle half▲ 4.4%€13.1mabove the sector's middle half▲ 48.9%
Debt€2.1m▲ 19.2%€2.1m▼ 3.4%€2.4m▲ 17.3%€2.3m▼ 2.7%€2.1m▼ 10.0%
Working capital€3.3mabove the sector's middle half▼ 3.7%€3.4mabove the sector's middle half▲ 3.0%€3.7mabove the sector's middle half▲ 8.7%€3.8mabove the sector's middle half▲ 4.8%€8.4mabove the sector's middle half▲ 117%
Solvency73.4%within the sector's middle half▼ 1.9pp74.3%within the sector's middle half▲ 0.9pp71.4%within the sector's middle half▼ 2.9pp73.3%within the sector's middle half▲ 1.9pp83.9%above the sector's middle half▲ 10.6pp
Current ratio2.97within the sector's middle half▼ 0.693.08within the sector's middle half▲ 0.113.14within the sector's middle half▲ 0.053.02within the sector's middle half▼ 0.125.39above the sector's middle half▲ 2.37
Return on assets (ROA)5.1%within the sector's middle half▲ 0.5pp1.0%within the sector's middle half▼ 4.1pp1.5%within the sector's middle half▲ 0.5pp5.8%within the sector's middle half▲ 4.3pp5.0%within the sector's middle half▼ 0.9pp
Staff (FTE)102.7within the sector's middle half▲ 8.6%107.7within the sector's middle half▲ 4.9%111.6within the sector's middle half▲ 3.6%114.1within the sector's middle half▲ 2.2%112.5within the sector's middle half▼ 1.4%
above
within
below
the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.1m
Fixed assets
€2.8m ▼ 6.7%
Current assets
€10.3m ▲ 78.2%
Equity and liabilities €13.1m
Equity
€11.0m ▲ 70.3%
Debt
€2.1m ▼ 10.0%
Debt's share of the balance-sheet total falls from 26.7% to 16.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€839,818▲
2024 · €649,433
Cash flow
€894,431▲
2024 · €735,121
Debt to equity
0.19▼
2024 · 0.36
ROE
5.9%▼
2024 · 7.9%
Interest coverage
129.37▲
2024 · 81.70
Debt ≤ 1 year
€1.9m▼
2024 · €1.9m
Debt > 1 year
€172,304▼
2024 · €231,024
Staff costs
€8.9m▲
2024 · €8.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.1%
went bankrupt
2.0%
stopped otherwise
98%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,860 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €8.0m | €8.7m | €9.4m | €10.2m | €10.7m | ▲ 5.2% |
| Turnover70 | €4,067 | €2,691 | €4,947 | €2,161 | €2,220 | ▲ 2.7% |
| Other operating income74 | €43,135 | €47,720 | €50,229 | €71,378 | €68,403 | ▼ 4.2% |
| Non-recurring operating income76A | €501 | €2,057 | - | €3,200 | €3,116 | ▼ 2.6% |
| Operating charges60/66A | €7.6m | €8.6m | €9.3m | €9.7m | €10.1m | ▲ 3.6% |
| Goods for resale, raw materials and consumables60 | €155,471 | €178,397 | €202,568 | €203,832 | €208,365 | ▲ 2.2% |
| Purchases600/8 | €155,471 | €178,397 | €202,568 | €203,832 | €208,365 | ▲ 2.2% |
| Services and other goods61 | €516,834 | €575,243 | €647,622 | €575,339 | €689,528 | ▲ 19.8% |
| Remuneration, social security and pensions62 | €6.6m | €7.5m | €8.1m | €8.6m | €8.9m | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €208,657 | €225,188 | €249,151 | €223,630 | €244,122 | ▲ 9.2% |
| Other operating charges640/8 | €59,926 | €86,119 | €69,446 | €80,124 | €68,337 | ▼ 14.7% |
| Non-recurring operating charges66A | - | €23,862 | €2,000 | €9,958 | - | - |
| Operating profit (loss)9901 | €425,823 | €105,538 | €125,754 | €425,804 | €595,696 | ▲ 39.9% |
| Financial income75/76B | - | - | €11,892 | €96,161 | €63,935 | ▼ 33.5% |
| Recurring financial income75 | - | - | €11,892 | €96,161 | €63,935 | ▼ 33.5% |
| Income from current assets751 | - | - | €11,859 | €94,033 | €61,019 | ▼ 35.1% |
| Other financial income752/9 | - | - | €32 | €2,128 | €2,916 | ▲ 37.0% |
| Financial charges65/66B | €20,224 | €25,129 | €11,822 | €10,474 | €9,322 | ▼ 11.0% |
| Recurring financial charges65 | €20,224 | €25,129 | €11,822 | €10,474 | €9,322 | ▼ 11.0% |
| Debt charges650 | €12,419 | €10,929 | €9,414 | €7,949 | €6,491 | ▼ 18.3% |
| Other financial charges652/9 | €7,805 | €14,200 | €2,408 | €2,525 | €2,831 | ▲ 12.1% |
| Profit (loss) for the period before taxes9903 | €405,599 | €80,409 | €125,823 | €511,491 | €650,309 | ▲ 27.1% |
| Profit (loss) for the period9904 | €405,599 | €80,409 | €125,823 | €511,491 | €650,309 | ▲ 27.1% |
| Profit (loss) for the period to be appropriated9905 | €405,599 | €80,409 | €125,823 | €511,491 | €650,309 | ▲ 27.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.0m | €8.0m | €8.4m | €8.8m | €13.1m | ▲ 48.9% |
| Fixed assets21/28 | €3.0m | €3.0m | €3.0m | €3.0m | €2.8m | ▼ 6.7% |
| Tangible fixed assets22/27 | €3.0m | €3.0m | €3.0m | €3.0m | €2.8m | ▼ 6.7% |
| Land and buildings22 | €2.9m | €2.8m | €2.7m | €2.6m | €2.4m | ▼ 5.9% |
| Plant, machinery and equipment23 | €107,960 | €182,011 | €141,658 | €114,607 | €67,110 | ▼ 41.4% |
| Furniture and vehicles24 | €16,959 | €22,957 | €42,831 | €78,643 | €70,037 | ▼ 10.9% |
| Other tangible fixed assets26 | €10,390 | €4,374 | €747 | €0 | - | - |
| Assets under construction and advance payments27 | - | €18,538 | €129,798 | €230,476 | €236,212 | ▲ 2.5% |
| Current assets29/58 | €4.9m | €5.0m | €5.4m | €5.8m | €10.3m | ▲ 78.2% |
| Amounts receivable within one year40/41 | €840,373 | €1.0m | €1.3m | €1.1m | €5.2m | ▲ 377% |
| Trade receivables40 | €10,194 | - | - | €7,470 | €600 | ▼ 92.0% |
| Other amounts receivable41 | €830,179 | €1.0m | €1.3m | €1.1m | €5.2m | ▲ 380% |
| Current investments50/53 | - | - | €2.2m | €2.1m | €2.1m | = |
| Cash at bank and in hand54/58 | €4.1m | €3.9m | €1.9m | €2.5m | €3.0m | ▲ 16.4% |
| Deferred charges and accrued income490/1 | €2,288 | €23,748 | €5,701 | €30,530 | €26,185 | ▼ 14.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.0m | €8.0m | €8.4m | €8.8m | €13.1m | ▲ 48.9% |
| Equity10/15 | €5.9m | €5.9m | €6.0m | €6.4m | €11.0m | ▲ 70.3% |
| Contributions10/11 | - | €292,665 | €292,665 | €292,665 | €292,665 | = |
| Capital10 | - | €292,665 | €292,665 | €292,665 | €292,665 | = |
| Reserves13 | €2.3m | €2.3m | €2.4m | €2.8m | €3.4m | ▲ 21.4% |
| Profit (loss) carried forward14 | €2.2m | €2.3m | €2.3m | €2.4m | €2.5m | ▲ 2.1% |
| Investment grants15 | €1.0m | €1.0m | €993,563 | €915,481 | €4.8m | ▲ 424% |
| Amounts payable17/49 | €2.1m | €2.1m | €2.4m | €2.3m | €2.1m | ▼ 10.0% |
| Amounts payable after more than one year17 | €433,788 | €371,898 | €310,008 | €231,024 | €172,304 | ▼ 25.4% |
| Financial debts170/4 | €369,413 | €315,023 | €260,633 | €209,149 | €157,929 | ▼ 24.5% |
| Credit institutions173 | €369,413 | €315,023 | €260,633 | €209,149 | €157,929 | ▼ 24.5% |
| Other amounts payable178/9 | €64,375 | €56,875 | €49,375 | €21,875 | €14,375 | ▼ 34.3% |
| Amounts payable within one year42/48 | €1.7m | €1.6m | €1.7m | €1.9m | €1.9m | ▼ 0.3% |
| Current portion of amounts payable after more than one year42 | €61,890 | €61,890 | €61,890 | €78,984 | €58,720 | ▼ 25.7% |
| Trade debts44 | €348,022 | €47,794 | €55,789 | €156,848 | €175,921 | ▲ 12.2% |
| Suppliers440/4 | €348,022 | €47,794 | €55,789 | €156,848 | €175,921 | ▲ 12.2% |
| Taxes, remuneration and social security45 | €1.3m | €1.5m | €1.6m | €1.6m | €1.6m | ▼ 0.1% |
| Taxes450/3 | €86,493 | €108,598 | €111,304 | €109,417 | €110,493 | ▲ 1.0% |
| Remuneration and social security454/9 | €1.2m | €1.4m | €1.5m | €1.5m | €1.5m | ▼ 0.1% |
| Accrued charges and deferred income492/3 | €26,903 | €56,917 | €378,305 | €200,549 | €30,717 | ▼ 84.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €405,599 | €80,409 | €125,823 | €511,491 | €650,309 | ▲ 27.1% |
| + Depreciation and write-downs630 | €208,657 | €225,188 | €249,151 | €223,630 | €244,122 | ▲ 9.2% |
| Operating cash flow (approximation) | €614,256 | €305,597 | €374,974 | €735,121 | €894,431 | ▲ 21.7% |
| Investment in fixed assets (approximation) | - | -€175,783 | -€289,008 | -€222,850 | -€39,965 | ▲ 82.1% |
| Change in cash | - | -€164,505 | -€2.1m | €667,654 | €417,156 | ▼ 37.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €650,309 ▲27.1%
Operating result €595,696, net result €650,309, both a record.
31-12
Financial
Equity above €10mEq €11.0m ▲70.3%
8 profitable years in a row build equity to €11.0m.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €80,409 ▼80.2%
Net result drops to €80,409, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €5mEq €5.1m ▲6.7%
2 profitable years in a row build equity to €5.1m.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
15 acts for this company are 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, Turnhout · 7 establishment units since 1994
Ground area
2,852 m²
Building footprint
1,241 m²
Volume, LiDAR
7,790 m³
6 parcels, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
7 establishment units
CIRKANT VZW
since 19942.144.255.472
CIRKANT VZW
since 19982.144.255.670
CIRKANT VZW
since 19982.144.255.769
CIRKANT VZW
since 20122.207.370.701
CIRKANT VZW
since 20122.207.370.897
CIRKANT
since 20182.276.261.782
Show 1 more locations
Cirkant vzw
since 20242.361.575.163
6 parcels
Flanders
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13040C1076/00V000indicative | Flanders | 990 m² | 1 · 298 m² | 10.7 m · 1 fl. |
| 13453O0533/00E005 | Flanders | 691 m² | 1 · 255 m² | 11.9 m · 2 fl. |
| 13454P0243/00X000 | Flanders | 458 m² | 1 · 136 m² | 9.0 m · 1 fl. |
| 13454R0006/00M000 | Flanders | 317 m² | 1 · 311 m² | 8.2 m · 2 fl. |
| 13454P0141/00G006 | Flanders | 298 m² | 1 · 139 m² | 13.0 m · 3 fl. |
| 13001B0139/00T000 | Flanders | 99 m² | 1 · 101 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
5 of 6 parcels 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
2022 to 2025 · 22 entries · 39,632,146 EUR awarded · 34,586,128 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 12,580,225 EUR | 9,517,820 EUR |
| 2024 | 6 | 10,012,029 EUR | 9,152,024 EUR |
| 2023 | 5 | 8,622,720 EUR | 8,757,201 EUR |
| 2022 | 7 | 8,417,172 EUR | 7,159,083 EUR |
Schemes
Show 7 more
Recognitions · licences · registrations
Care and welfare
13 services · 4 liveCIRKANT
CIRKANT CAH
CIRKANT NAFT
CONSTRUCTIEVE AFHANDELING FEITEN ARR. TURNHOUT
Show 9 more services
CIRKANT
CIRKANT - NEERHOF
CIRKANT AMBULANT BEGELEIDINGSPUNT BEGELEID ZELFSTANDIG WONEN
CIRKANT AMBULANT BEGELEIDINGSPUNT THUISBEGELEIDING
CIRKANT DRUGPROJECT
CIRKANT PED PAT
CIRKANT PED PEL
CIRKANT TO VZ
TIME-OUT CIRKANT
Similar companies · same sector, comparable size
Pleegzorg Oost-Vlaanderen
BE 0536.817.992
Gent · Eq €10.1m
Pleegzorg Vlaams - Brabant en Brussel
BE 0535.589.656
Leuven · Eq €12.0m
Pleegzorg West-Vlaanderen
BE 0535.592.230
Roeselare · Eq €12.1m
Centrum voor Kinderzorg en Gezinsondersteuning Kapoentje
BE 0475.254.567
Oostende · Eq €9.4m
PLEEGZORG LIMBURG
BE 0542.902.763
Genk · Eq €8.3m
Of 258 companies in sector 88992 we hold annual accounts for 136. 33 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded04-07-1982
Fiscal year end31-12
Activities, NACEBEL 2025
88992Social work activities without accommodation
Contact
E-mail
cirkant@cirkant-vzw.beTurnhout
E-invoicing
Reachable via Peppol
Peppol ID
0208:0423592268
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.