Turnover
≈ €110,000 estimated
The micro format states no turnover.
dotcircle
Overview
Lifetime
3 annual accounts with figures on one time axispeak €43,455 (2024)
€33,610▼ 22.7%
peak €29,352 (2023)
€23,575▼ 19.3%
peak €84,624 (2025)
€84,624▲ 38.6%
€12,276▼ 63.9%
Board1 name since 2022
1 directorVermeiren Stijn Jos
Documentsfilings and deeds
16-03-202645 days before the deadline
2025micro format
Gross margin from €43,455 to €33,610Equity from €61,049 to €84,624Debts from €34,016 to €12,276
Key points
from the 2025 annual accountsLiquidity
8.45 was 2.77 in 2024
Short-term debts fell from €32,630 to €11,167.
Position in the sector
87.3%
Higher solvency than 84% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.
Checked score
97
Excellent
Financially stronger than 75% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%highest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 8.45, cash €31,894
Equity €84,624 (87.3% of total assets)
Figures for financial year 2025 (filed on 22-03-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 77% on liquidity, 64% on profitability and 75% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as dotcircle has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of dotcircle itself is lower: < 0.1% within 12 months. It rests on far more data about dotcircle than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for dotcircle. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.45 (2.77 in 2024), above the usual 1.5. Short-term debt is 11.5% and cash 32.9% of total assets. 12.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
45 days early
2024
128 days early
2023
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 73 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 16 March (3 of the last 3 accounts filed within 83 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0792915216
Incorporation
Founding capital of €2,500, 25 shares · Founder: VERMEIREN Stijn Jos · Appointment: VERMEIREN Stijn Jos (director) · published on 28-10-2022 · Gazette deed
First establishment
Brusselsesteenweg 555, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| dotcircle Ghent | €96,900 | €33,610 | 87.3% | - |
| VANGELDER SOLUTIONS Sint-Niklaas | €93,281 | €37,841 | 64.7% | - |
| SOMERE Lievegem | €106,986 | €41,936 | 62.3% | - |
| Blockedex Verlaine | €98,581 | €34,523 | 93.4% | - |
| Berenger.dev Chiny | €100,156 | €30,682 | 59.3% | - |
| ePix Solutions Soumagne | €99,388 | €35,638 | 80.4% | - |
| DIGITAL SERENITY Walcourt | €95,786 | €32,473 | 79.9% | - |
These companies have the same main activity as dotcircle: computer programming (NACE 62100). They are comparable in size and age: total assets between €93,300 and €107,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 26-10-2022Normal situation
- Activity
- Computer programmingNACE 62100
- Establishment unit
- 2.337.738.3059050 Ghent, since 26-10-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 02-09-2023
Annual accounts to 30-09-2025
- €33,610▼ 22.7%
- €23,575▼ 19.3%
- €84,624▲ 38.6%
- €96,900▲ 1.9%
- Filing
- Filed on 16-03-2026, 45 days before the end of the filing period
Insights on dotcircle
dotcircle files the micro format. That format states no turnover. The gross margin fell from €41,313 in 2023 to €33,610 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 16-03-2026, 45 days before the deadline€33,610
▼ 22.7%
€31,036
▼ 25.4%
€23,575
▼ 19.3%
€83,231
▲ 43.8%
87.3%
▲ 23.1 percentage points
8.45
▲ 5.68
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €86,000 and €150,000.
Balance sheet
balance sheet total €96,900 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
87.3%
Higher than 85% of 21,208 companies in 2025.
8.45
Higher than 86% of 20,571 companies in 2025.
24.3%
Higher than 59% of 20,746 companies in 2025.
dotcircle
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
96,900 | 95,064 | 73,687 | |
21/28 |
2,502 | 4,545 | 585 | |
22/27 |
2,502 | 4,545 | 585 | |
24 |
2,502 | 4,545 | 585 | |
29/58 |
94,398 | 90,520 | 73,102 | |
40/41 |
59,498 | 60,860 | 31,462 | |
40 |
8,498 | 10,823 | 11,462 | |
41 |
51,000 | 50,037 | 20,000 | |
54/58 |
31,894 | 29,596 | 41,640 | |
490/1 |
3,006 | 64 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
96,900 | 95,064 | 73,687 | |
10/15 |
84,624 | 61,049 | 31,852 | |
10/11 |
2,500 | 2,500 | 2,500 | |
13 |
82,124 | 58,549 | 29,352 | |
133 |
82,124 | 58,549 | 29,352 | |
17/49 |
12,276 | 34,016 | 41,836 | |
42/48 |
11,167 | 32,630 | 41,686 | |
44 |
1,630 | 1,778 | 2,360 | |
440/4 |
1,630 | 1,778 | 2,360 | |
45 |
9,426 | 13,945 | 23,636 | |
450/3 |
7,076 | 11,595 | 21,286 | |
454/9 |
2,350 | 2,350 | 2,350 | |
47/48 |
110 | 16,908 | 15,690 | |
492/3 |
1,110 | 1,385 | 150 | |
| Income statement | ||||
9900 |
33,610 | 43,455 | 41,313 | |
630 |
2,042 | 1,339 | 244 | |
640/8 |
531 | 525 | 348 | |
9901 |
31,036 | 41,592 | 40,721 | |
75/76B |
2,984 | 68 | 0 | |
75 |
2,984 | 68 | 0 | |
65/66B |
1,260 | 1,324 | 25 | |
65 |
1,260 | 1,324 | 25 | |
9903 |
32,761 | 40,336 | 40,696 | |
67/77 |
9,186 | 11,140 | 11,345 | |
9904 |
23,575 | 29,197 | 29,352 | |
9905 |
23,575 | 29,197 | 29,352 | |
| Appropriation of the result | ||||
9906 |
23,575 | 29,197 | 29,352 | |
691/2 |
23,575 | 29,197 | 29,352 | |
6921 |
23,575 | 29,197 | 29,352 | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 16-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 33,078 | 42,930 | 40,965 | ||
| 25,617 | 30,536 | 29,596 | ||
| 0 | 5,298 | 829 | ||
| 2,298 | -12,044 | - | ||
| 83,231 | 57,889 | 31,416 | ||
| 87.3% | 64.2% | 43.2% | ||
| 8.45 | 2.77 | 1.75 | ||
| 0.15 | 0.56 | 1.31 | ||
| 27.9% | 47.8% | 92.2% | ||
| 24.3% | 30.7% | 39.8% | ||
| 26.25 | 32.43 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|
| Tangible fixed assets | - | €5,298 | €829 |
| €2,042 | €1,339 | €244 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on dotcircle
The operating result for 2025 is 25% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total falls from 35.8% to 12.7%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector
since 26-10-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 16-03-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-10-2022
Mandates through the years
1 name, the dashed line is todayVermeiren Stijn Jos
Director
Director
Board
Mandates as a list
- Vermeiren Stijn Jos
- Director, from 26-10-2022 to date
Control
Capital
- Contribution
- €2,500
- Shares
- 25
- Contribution per share
- €100
- Equity per share
- €3,385 in 2025
- Source
- deed of 28-10-2022
Articles of association
deed of 28-10-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Geboekt op algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten…”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Alle procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s), geen beroep op rechter open tegen weigering”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Thursday of March at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 28-10-2022 ↗
- VERMEIREN Stijn Jos 25 shares (100%) · €2,500
Network & group
No group
dotcircle has no parent and no holdings in its annual accounts. Vermeiren Stijn Jos is the only director.
At the same address
Brusselsesteenweg 555, 9050 Ghent · 4 other companies| BLOMMAERT & CO BEDRIJFSREVISOR
establishment since 01-05-2010 · founded in 2003 |
total assets €1.5m (2025) 0479.875.925 |
| BBDH - Bedrijfsrevisoren
establishment since 30-12-2008 |
founded in 2008 0725.945.228 |
| Verhelst, Luc (sole trader)
establishment since 07-07-1998 |
founded in 1998 0642.412.984 |
| Leroy, Erna (sole trader)
establishment since 01-04-1979 |
founded in 1979 0868.619.162 |
Board mandates elsewhere
1 board mandateBoard mandates of dotcircledotcircle sits on their board1
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
7 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 30-04-2027
2026
Annual accounts 2025 filed PDFmicro format · 45 days before the deadline
2025
Liquidity triples current ratio 8.45 The current ratio rises from 2.77 to 8.45. Short-term debt falls from €32,630 to €11,167.
2024
Annual accounts 2024 filed PDFmicro format · 128 days before the deadline
Annual accounts 2023 filed PDFmicro format · 46 days before the deadline
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0792915216
2022
IncorporationFounding capital of €2,500, 25 shares · Founder: VERMEIREN Stijn Jos · Appointment: VERMEIREN Stijn Jos (director) · published on 28-10-20225 points ▸
- Founder, VERMEIREN Stijn Jos
- Founding capital, €2,500, 25 shares
- Registered office clause, Brusselsesteenweg 555 bus 201, 9050 Gent
- Board rule, 1
- Director appointment, VERMEIREN Stijn Jos
- The deed holds 3 more points.
First establishment Brusselsesteenweg 555, Ghent
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 26 October 2022, dotcircle was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 Vermeiren Stijn Jos has served as director since 2022.3 Total assets went from €73,687 in 2023 to €96,900 in 2025.4
Company details
Identity
- Enterprise number
- 0792.915.216
- VAT number
- BE 0792.915.216
- Peppol ID
- 0208:0792915216
- Other Peppol ID
- 9925:BE0792915216
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-10-2022
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Thursday of March at 19:00deed of 28-10-2022 (in Dutch)
- Peppol
- Reachable since 02-09-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- dotcircle in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-10-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 28-10-2022 (in Dutch)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Verkoop,verhuur,herstelling,productie en installatie & montage van audio,video en licht apparatuur & toepassingen; Consultancy & tekenwerk…”deed of 28-10-2022 (in Dutch)
7 activities
- Verkoop,verhuur,herstelling,productie en installatie & montage van audio,video en licht apparatuur & toepassingen;
- Consultancy & tekenwerk aan bedrijven op het vlak van audio,video,licht;
- IT & netwerk verkoop,consultancy,installatie;
- Vastgoed kopen,verkopen en verhuren;
- Custom software toepassingen;
- Samenstellen en verkopen van een custom built PC;
- Custom electronica werk.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Brusselsesteenweg 555 registered office 9050 Ghent | 26-10-2022 | 2.337.738.305 |
Buildings and parcels at the address
- Ground area
- 564 m²
- Buildings
- 218 m²
- Volume, LiDAR
- 1,995 m³
- Tallest building
- 15.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44362B0204/00T011 | 564 m² | 1 · 218 m² | 15.3 m · 4 |