Financials
Financial year 2025
Circograf-Belgique from La Hulpe, company number BE0408282896, closed financial year 2025 with a result of € 159,747 after tax. For that financial year Circograf-Belgique recorded a gross margin of € 451,941 and equity of € 890,193. Compared with financial year 2024, the result moved from € 205,811 to € 159,747. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 890,193
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 159,747
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 451,275
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
28 % of the profit went to the shareholders, mostly to GAEVER (75 % of the shares). That is where the money ends up.
People and assets in 2025
3.1
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 154,392
▲ 58% vs 2024
€ 49,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 163,011
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 80,028
▼ 27% vs 2024
€ 29,769 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 128,581
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 83,697
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 237,569 | € 334,715 | € 433,197 | € 451,941 | ▲ 4% |
| Profit after taxes | € 86,728 | € 166,030 | € 205,811 | € 159,747 | ▼ 22% |
| Equity | € 448,605 | € 614,636 | € 775,447 | € 890,193 | ▲ 15% |
| Total debts | € 256,651 | € 339,561 | € 327,450 | € 341,189 | ▲ 4% |
| Cash | € 383,325 | € 401,163 | € 355,149 | € 451,275 | ▲ 27% |
| Retained profit | € 415,021 | € 581,051 | € 741,862 | € 856,609 | ▲ 15% |
| Dividend | € 85,000 | € 0 | € 45,000 | € 45,000 | |
| Bank debt | € 9,615 | € 162,365 | € 109,004 | € 80,028 | ▼ 27% |
| Balance sheet total | € 705,256 | € 954,197 | € 1,102,897 | € 1,231,382 | ▲ 12% |
| Employees (FTE) | 2 | 1.7 | 2 | 3.1 | ▲ 1.1 |
Key figures of Circograf-Belgique, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Circograf-Belgique?
What happened at Circograf-Belgique in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 159,747 (▼ 22% vs 2024). Source: NBB ↗
- New establishment in La Hulpe. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,728 profit in 2022 to € 159,747 profit in 2025.
Paid € 230,726 in corporate taxes since 2022.
Best year ever: 2024, with € 205,811 profit.
On average € 145,800 of value added per employee in 2025.
Management
The stake of GAEVER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Circograf-BelgiqueBehind Circograf-Belgique are Jean-Luc VERMEULEN, Gaëtan VERMEULEN and GAEVER SRL. The shares are held by GAEVER (75%).
Directors
According to the 2025 annual accounts
Jean-Luc VERMEULEN
Director
Director · represented by Gaëtan VERMEULEN
Shareholders
75%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue du Parc 31
1310 La Hulpe
Avenue du Parc 21
1310 La Hulpe
Active since 7 December 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0408.282.896
- VAT number
- BE 0408.282.896
- Registered office
- Avenue du Parc 31, 1310 La Hulpe
- Names & denominations
- Circograf-Belgique
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 1971
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- multi-products.be
- Activities · NACE
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