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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
Electro Cirkel from Antwerpen, company number BE0416939454, closed financial year 2023 with a result of € 86,598 after tax. For that financial year Electro Cirkel recorded a gross margin of € 1.1 million and equity of € 864,171. Compared with financial year 2022, the result moved from € -37,352 to € 86,598. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 28, 2024.
€ 864,171
▲ 11% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 86,598
▲ still € 37,352 loss in 2022
Profit after tax over the fiscal year.
€ 59,385
▼ 43% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 802,171.
People and assets in 2023
9.9
▼ 0.2 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 806,810
▲ 18% vs 2022
€ 81,500 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.
€ 28,935
▼ 51% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 888,164
▲ 25% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 158,799
▲ 121% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 4,078,163 | - | - | |
| Gross margin | € 638,725 | € 783,662 | € 1,092,740 | ▲ 39% |
| Profit after taxes | € -62,130 | € -37,352 | € 86,598 | ▲ € 123,950 |
| Equity | € 814,924 | € 777,573 | € 864,171 | ▲ 11% |
| Total debts | € 999,014 | € 1,483,955 | € 2,523,779 | ▲ 70% |
| Cash | € 288,059 | € 104,240 | € 59,385 | ▼ 43% |
| Land & buildings | € 236,923 | € 213,944 | € 191,953 | ▼ 10% |
| Retained profit | € 752,924 | € 715,573 | € 802,171 | ▲ 12% |
| Balance sheet total | € 1,813,939 | € 2,261,527 | € 3,387,950 | ▲ 50% |
| Employees (FTE) | 9.4 | 10.1 | 9.9 | ▼ 0.2 |
Key figures of Electro Cirkel, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Electro Cirkel?
What happened at Electro Cirkel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Parisian Bidco stepped down as director. NBB
- Lawrence Van De Pontseele stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 86,598. Source: NBB ↗
- Marc Van Opstal stepped down as director. NBB
- Parisian Bidco became a director. NBB
- Lawrence Van De Pontseele became a director. NBB
- Marc Van Opstal became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 62,130 loss in 2021 to € 86,598 profit in 2023.
Paid € 3,096 in corporate taxes since 2021.
Best year ever: 2023, with € 86,598 profit.
On average € 110,400 of value added per employee in 2023.
Management
Directors
According to the 2023 annual accounts
Marc Van Opstal
Director
Also active at: SOPER, E.A.V., S.A. INDUTUBE N.V., B.G. PIPE, AQUAPIPE, EVODIS, INFRATECH, MARC VAN OPSTAL +5 more
since 2018 · until 2023
Parisian Bidco
Director · represented by Gregory Voisin
Also active at: E.A.V., B.G. PIPE, AQUAPIPE, INFRATECH, Amadys Belgium, BEDICOM
since 2023 · until 2029
Lawrence Van De Pontseele
Managing director
since 2020 · until 2025
Establishments
Establishment units
Physical locations of this company
Bredabaan 100
2170 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.939.454
- VAT number
- BE 0416.939.454
- Registered office
- Bredabaan 100, 2170 Antwerpen
- Names & denominations
- Electro Cirkel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 1977
- Peppol
- Active · Active since 1 Jan 2001
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