CIRIL is registered with the CBE as active in: Projectontwikkeling voor woningbouw. Public Limited, started on 7 June 1990, 1 establishment.

What is the address of CIRIL?

The registered office of CIRIL is located at Herkenrodesingel 4B, 3500 Hasselt.

Is CIRIL still active?

Yes. According to the CBE (29 October 2026) CIRIL is active, legal situation “Normale toestand”, started on 7 June 1990.

Is CIRIL registered on Peppol?

Yes, CIRIL is registered on the Peppol network with ID 0208:0440712768.

What is the enterprise number of CIRIL?

The enterprise number of CIRIL is BE0440712768.

When was CIRIL founded?

CIRIL was founded on 7 June 1990.

Who are the directors of CIRIL?

According to the 2025 annual accounts, the directors of CIRIL are: ID Projecten BV, MaLiBe BV, Democo Group NV, Sarkri NV, Cyga BV, PVMA BV, TDevelopment BV, Juunooh BV.

Is CIRIL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 June 1990; 5 annual accounts filed, latest fiscal year 2025; 8 directors known from the annual account.

How much profit did CIRIL make in 2025?

CIRIL posted a profit after taxes of € 4,084,728 in financial year 2025.

What is the revenue of CIRIL?

In its most recent annual accounts (2025), CIRIL reported revenue of € 22,049,062.

How much does an employee at CIRIL earn?

The average wage cost per full-time employee at CIRIL was € 118,400 in 2025: staff costs of € 923,445 for 7.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CIRIL have?

According to the 2025 annual accounts, CIRIL has 7.8 full-time equivalents (FTE).

CIRIL (Public Limited) - Hasselt - BE0440712768

Dossier CIRIL, printed on 29 October 2026 from databakkes.be/en/0440712768/ciril. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 8.7 to 7.8.
Busy address KBO

45 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

CIRIL from Hasselt, company number BE0440712768, closed financial year 2025 with a result of € 4.1 million after tax. For that financial year CIRIL recorded revenue of € 22 million and equity of € 29.3 million. Compared with financial year 2024, the result moved from € 1.2 million to € 4.1 million. Profitable, and profit is growing. 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 July 2, 2026.

What it is worth Growing

€ 29.3 million

▲ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 4.1 million

▲ 247% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.2 million

▼ 23% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 24.7 million.

People and assets in 2025

Full-time equivalents

7.8

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 923,445

▼ 6% vs 2024

€ 118,400 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.

Vehicles and equipment

€ 3,387

▼ 39% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 17.2 million

▼ 3% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 5.3 million

▼ 57% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.

Taxes and wages

€ 274,059

▼ 73% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 21,041,194 Revenue 2022: € 21,041,194 First fiscal year in the series	€ 18,820,138 Revenue 2023: € 18,820,138 ▼ 11% vs 2022 (€ 21,041,194) Unfavourable step	€ 40,384,134 Revenue 2024: € 40,384,134 ▲ 115% vs 2023 (€ 18,820,138) Favourable step	€ 22,049,062 Revenue 2025: € 22,049,062 ▼ 45% vs 2024 (€ 40,384,134) Unfavourable step	▼ 45%
Profit after taxes	€ -1,949,758 Profit after taxes 2022: € -1,949,758 First fiscal year in the series	€ 5,979,468 Profit after taxes 2023: € 5,979,468 ▲ € 7.9 million vs 2022 (€ -1,949,758) Favourable step	€ 1,177,225 Profit after taxes 2024: € 1,177,225 ▼ 80% vs 2023 (€ 5,979,468) Unfavourable step	€ 4,084,728 Profit after taxes 2025: € 4,084,728 ▲ 247% vs 2024 (€ 1,177,225) Favourable step	▲ 247%
Equity	€ 18,097,192 Equity 2022: € 18,097,192 First fiscal year in the series	€ 24,076,660 Equity 2023: € 24,076,660 ▲ 33% vs 2022 (€ 18,097,192) Favourable step	€ 25,246,278 Equity 2024: € 25,246,278 ▲ 5% vs 2023 (€ 24,076,660) Favourable step	€ 29,315,366 Equity 2025: € 29,315,366 ▲ 16% vs 2024 (€ 25,246,278) Favourable step	▲ 16%
Total debts	€ 27,951,128 Total debts 2022: € 27,951,128 First fiscal year in the series	€ 54,024,051 Total debts 2023: € 54,024,051 ▲ 93% vs 2022 (€ 27,951,128) Unfavourable step	€ 40,122,910 Total debts 2024: € 40,122,910 ▼ 26% vs 2023 (€ 54,024,051) Favourable step	€ 28,176,831 Total debts 2025: € 28,176,831 ▼ 30% vs 2024 (€ 40,122,910) Favourable step	▼ 30%
Cash	€ 1,314,863 Cash 2022: € 1,314,863 First fiscal year in the series	€ 1,423,998 Cash 2023: € 1,423,998 ▲ 8% vs 2022 (€ 1,314,863) Favourable step	€ 1,508,574 Cash 2024: € 1,508,574 ▲ 6% vs 2023 (€ 1,423,998) Favourable step	€ 1,157,871 Cash 2025: € 1,157,871 ▼ 23% vs 2024 (€ 1,508,574) Unfavourable step	▼ 23%
Land & buildings	€ 116,214 Land & buildings 2022: € 116,214 First fiscal year in the series	€ 79,200 Land & buildings 2023: € 79,200 ▼ 32% vs 2022 (€ 116,214) Unchanged	€ 42,335 Land & buildings 2024: € 42,335 ▼ 47% vs 2023 (€ 79,200) Unchanged	€ 37,217 Land & buildings 2025: € 37,217 ▼ 12% vs 2024 (€ 42,335) Unchanged	▼ 12%
Retained profit	€ 13,446,196 Retained profit 2022: € 13,446,196 First fiscal year in the series	€ 19,425,664 Retained profit 2023: € 19,425,664 ▲ 44% vs 2022 (€ 13,446,196) Favourable step	€ 20,595,281 Retained profit 2024: € 20,595,281 ▲ 6% vs 2023 (€ 19,425,664) Favourable step	€ 24,664,369 Retained profit 2025: € 24,664,369 ▲ 20% vs 2024 (€ 20,595,281) Favourable step	▲ 20%
Bank debt	€ 12,043,000 Bank debt 2022: € 12,043,000 First fiscal year in the series	€ 15,592,097 Bank debt 2023: € 15,592,097 ▲ 29% vs 2022 (€ 12,043,000) Unfavourable step	€ 17,733,091 Bank debt 2024: € 17,733,091 ▲ 14% vs 2023 (€ 15,592,097) Unfavourable step	€ 17,174,000 Bank debt 2025: € 17,174,000 ▼ 3% vs 2024 (€ 17,733,091) Favourable step	▼ 3%
Balance sheet total	€ 46,048,320 Balance sheet total 2022: € 46,048,320 First fiscal year in the series	€ 78,100,711 Balance sheet total 2023: € 78,100,711 ▲ 70% vs 2022 (€ 46,048,320) Unchanged	€ 65,369,188 Balance sheet total 2024: € 65,369,188 ▼ 16% vs 2023 (€ 78,100,711) Unchanged	€ 57,492,197 Balance sheet total 2025: € 57,492,197 ▼ 12% vs 2024 (€ 65,369,188) Unchanged	▼ 12%
Employees (FTE)	9.7 Employees (FTE) 2022: 9.7 First fiscal year in the series	8.7 Employees (FTE) 2023: 8.7 ▼ 1 vs 2022 (9.7) Unchanged	8 Employees (FTE) 2024: 8 ▼ 0.7 vs 2023 (8.7) Unchanged	7.8 Employees (FTE) 2025: 7.8 ▼ 0.2 vs 2024 (8) Unchanged	▼ 0.2

Key figures of CIRIL, 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 CIRIL?

What happened at CIRIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 ID Projecten BV stepped down as director. NBB
2030 Juunooh BV stepped down as director. NBB
2028 PVMA BV stepped down as director. NBB
2028 TDevelopment BV stepped down as director. NBB
Jul 2, 2026 New annual accounts for financial year 2025: profit of € 4.1 million (▲ 247% vs 2024). Source: NBB ↗
2026 Democo Group NV stepped down as director. NBB
2026 Sarkri NV stepped down as director. NBB
2026 Cyga BV stepped down as director. NBB

In short

From € 1.9 million loss in 2022 to € 4.1 million profit in 2025.

Paid € 7,126 in corporate taxes since 2022.

Best year ever: 2023, with € 6 million profit.

Pays suppliers within 86 days on average.

Original PDFs at the National Bank ↗

Management

CYGA 71.2%

SARKRI 14.4%

TIGA-R 14.4%

The stake of CYGA, SARKRI, TIGA-R comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CIRIL

Ciril Project Three Sp. z o. o. 100%

Ciril Project Two Sp. z o. o. 100%

Dok Development 100%

Ciril Project One Sp. z o. o. 100%

+20

The shares are held by CYGA (71.2%), SARKRI (14.4%) and TIGA-R (14.4%). It owns 100% of Ciril Project Three Sp. z o. o., 100% of Ciril Project Two Sp. z o. o., 100% of Dok Development, 100% of Ciril Project One Sp. z o. o., 100% of Brucenz Investimentos Imobiliarios Un. LDA and 100% of Ciril Poland Sp. z o. o. itself.