Cirque Central
ActiveCirque Central has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409k and a net result of €19k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 31% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability23▲+11
Solvency8=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days only on tighter terms
Liquidity short (current ratio 0.28 against 0.24 in 2024), and 87.6% of the assets are financed with debt.
Credit advice for your own amount and term
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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
12.4%
Return on assets
0.6%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
31 d early
2024
3 d early
2023
2 d early
2022
4 d early
2021
3 d early
2020
1 d early
2019
on the day
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€409k▲ 4.9%
2024 · €390k
2019: €436k
2020: €425k
2021: €390k
2022: €387k
2023: €381k
2024: €390k
2019 → 2025
Total assets
€3.31M▼ 2.2%
2024 · €3.38M
2019: €1.50M
2020: €3.26M
2021: €3.52M
2022: €3.53M
2023: €3.45M
2024: €3.38M
2019 → 2025
Net result
€19k▲ 112%
2024 · €9k
2019: €-14k
2020: €-11k
2021: €-35k
2022: €-3k
2023: €-5k
2024: €9k
2019 → 2025
Working capital
€-54k▲ 24.0%
2024 · €-71k
2019: €-512
2020: €-214k
2021: €-116k
2022: €-63k
2023: €-63k
2024: €-71k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€390k-€387k▼ 0.8%€381k▼ 1.4%€390k▲ 2.4%€409k▲ 4.9%
Operating result€-18k-€13k€10k▼ 21.7%€16k▲ 61.5%€19k▲ 15.8%
Net result€-35k-€-3k▲ 91.0%€-5k▼ 65.7%€9k€19k▲ 112%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.31M
Fixed assets
€3.28M▼ 2.2%
Current assets
€21k▼ 3.4%
Equity and liabilities €3.31M
Equity
€409k▲ 4.9%
Debt
€2.90M▼ 3.1%
The debt ratio falls from 88.4% to 87.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€104k▲
2024 · €101k
Cash flow
€104k▲
2024 · €94k
Solvency
12.4%▲
2024 · 11.6%
Current ratio
0.28▲
2024 · 0.24
Quick ratio
0.28▲
2024 · 0.24
Debt / equity
7.07▼
2024 · 7.66
ROE
4.7%▲
2024 · 2.3%
ROA
0.6%▲
2024 · 0.3%
Debt
€2.90M▼
2024 · €2.99M
Debt ≤ 1 year
€75k▼
2024 · €93k
Debt > 1 year
€2.82M▼
2024 · €2.90M
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€3.38M€3.31M▼
Formation expenses20€819€273▼
Fixed assets21/28€3.36M€3.28M▼
Tangible fixed assets22/27€3.36M€3.28M▼
Land and buildings22€3.33M€3.26M▼
Plant, machinery and equipment23€20k€17k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€22k€21k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€10k€5k▼
Trade receivables40€7k€5k▼
Other amounts receivable41€3k€0▼
Cash at bank and in hand54/58€10k€15k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€3.38M€3.31M▼
Equity10/15€390k€409k▲
Contributions10/11€450k€450k=
Profit (loss) carried forward14€-60k€-41k▲
Amounts payable17/49€2.99M€2.90M▼
Amounts payable after more than one year17€2.90M€2.82M▼
Financial debts170/4€2.90M€2.82M▼
Amounts payable within one year42/48€93k€75k▼
Current portion of amounts payable after more than one year42€90k€75k▼
Trade debts44€3k€100▼
Suppliers440/4€3k€100▼
Taxes, remuneration and social security45-€66
Taxes450/3-€66
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€85k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-3k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€106k€106k▲
Operating profit (loss)9901€16k€19k▲
Financial charges65/66B€7k€0▼
Recurring financial charges65€7k€0▼
Profit (loss) for the period before taxes9903€9k€19k▲
Profit (loss) for the period9904€9k€19k▲
Profit (loss) for the period to be appropriated9905€9k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-41k▲
Profit (loss) brought forward from the previous period14P€-69k€-60k▲
The notes to these accounts (11 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €19k ▲112%
Operating result €19k, net result €19k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 5 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-01-2024
BOES Linda: Resigned as Director
15-01-2024
BOONE Marc: Resigned as Director
15-01-2024
VAN DE VELDE Lieven: Resigned as Director
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 2018
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.
Dreef 399930 LievegemGround area
2,587 m²
Building footprint
229 m²
Volume, LiDAR
1,936 m³
Parcel 44080D1349/00C000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Cirque Central
since 20182.275.674.933
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080D1349/00C000 | Flanders | 2,587 m² | 1 · 229 m² | 12.8 m · 3 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 3,751 companies in sector 68321 we hold annual accounts for 1,381. 932 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2018
Fiscal year end31-12
Activities, NACEBEL
68321Property management for co-owned buildings (syndics)
46180Agents specialised in the wholesale of other particular products
66199Other activities auxiliary to financial services, excluding insurance and pension funding
68310Real estate agency activities
68311Real estate activities
68322Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.