What does Close the Gap Circular do?

Close the Gap Circular is a wholesaler in Kontich. Private Limited, started on 25 January 1999, 1 establishment.

What is the address of Close the Gap Circular?

The registered office of Close the Gap Circular is located at Veldkant 23, 2550 Kontich.

Is Close the Gap Circular still active?

Yes. According to the CBE (18 September 2026) Close the Gap Circular is active, legal situation “Normale toestand”, started on 25 January 1999.

Is Close the Gap Circular registered on Peppol?

Yes, Close the Gap Circular is registered on the Peppol network with ID 0208:0465143506.

What is the enterprise number of Close the Gap Circular?

The enterprise number of Close the Gap Circular is BE0465143506.

When was Close the Gap Circular founded?

Close the Gap Circular was founded on 25 January 1999.

Who are the directors of Close the Gap Circular?

According to the 2025 annual accounts, the directors of Close the Gap Circular are: Circular IT Topholding BV, Circular IT Holding BV.

Is Close the Gap Circular a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 January 1999; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Close the Gap Circular make in 2025?

Close the Gap Circular posted a profit after taxes of € 351,066 in financial year 2025.

What is the revenue of Close the Gap Circular?

As a small company, Close the Gap Circular is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,804,506.

How much does an employee at Close the Gap Circular earn?

The average wage cost per full-time employee at Close the Gap Circular was € 62,400 in 2025: staff costs of € 1.8 million for 29.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Close the Gap Circular have?

According to the 2025 annual accounts, Close the Gap Circular has 29.6 full-time equivalents (FTE).

Close the Gap Circular (Private Limited) - Kontich

Dossier Close the Gap Circular, printed on 18 September 2026 from databakkes.be/en/0465143506/close-the-gap-circular. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Close the Gap Circular from Kontich, company number BE0465143506, closed financial year 2025 with a result of € 351,066 after tax. For that financial year Close the Gap Circular recorded a gross margin of € 2.8 million and equity of € 621,984. Compared with financial year 2024, the result moved from € 177,567 to € 351,066. Profitable, and profit is growing. The buffer shrank hard: equity is 63 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.

What it is worth Shrank hard

€ 621,984

▼ 63% vs 2024

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

Profit Growing

€ 351,066

▲ 98% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▲ 55% vs 2024

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

Where the profit goes Pays out

€ 1.4 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

29.6

▲ 1.8 vs 2024

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

Wage cost

€ 1.8 million

▼ 7% vs 2024

€ 62,400 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

€ 33,840

▼ 38% vs 2024

Of which on lease € 26,704.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 28,118

▼ 22% vs 2024

€ 8,464 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.7 million

▲ 46% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 401,022

▼ 13% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,480,327 Gross margin 2022: € 1,480,327 First fiscal year in the series	€ 1,283,601 Gross margin 2023: € 1,283,601 ▼ 13% vs 2022 (€ 1,480,327) Unfavourable step	€ 2,355,697 Gross margin 2024: € 2,355,697 ▲ 84% vs 2023 (€ 1,283,601) Favourable step	€ 2,804,506 Gross margin 2025: € 2,804,506 ▲ 19% vs 2024 (€ 2,355,697) Favourable step	▲ 19%
Profit after taxes	€ 308,154 Profit after taxes 2022: € 308,154 First fiscal year in the series	€ 137,131 Profit after taxes 2023: € 137,131 ▼ 55% vs 2022 (€ 308,154) Unfavourable step	€ 177,567 Profit after taxes 2024: € 177,567 ▲ 29% vs 2023 (€ 137,131) Favourable step	€ 351,066 Profit after taxes 2025: € 351,066 ▲ 98% vs 2024 (€ 177,567) Favourable step	▲ 98%
Equity	€ 1,326,365 Equity 2022: € 1,326,365 First fiscal year in the series	€ 1,463,496 Equity 2023: € 1,463,496 ▲ 10% vs 2022 (€ 1,326,365) Favourable step	€ 1,670,919 Equity 2024: € 1,670,919 ▲ 14% vs 2023 (€ 1,463,496) Favourable step	€ 621,984 Equity 2025: € 621,984 ▼ 63% vs 2024 (€ 1,670,919) Unfavourable step	▼ 63%
Total debts	€ 1,066,322 Total debts 2022: € 1,066,322 First fiscal year in the series	€ 1,579,459 Total debts 2023: € 1,579,459 ▲ 48% vs 2022 (€ 1,066,322) Unfavourable step	€ 1,684,318 Total debts 2024: € 1,684,318 ▲ 7% vs 2023 (€ 1,579,459) Unfavourable step	€ 2,162,324 Total debts 2025: € 2,162,324 ▲ 28% vs 2024 (€ 1,684,318) Unfavourable step	▲ 28%
Cash	€ 1,556,176 Cash 2022: € 1,556,176 First fiscal year in the series	€ 948,104 Cash 2023: € 948,104 ▼ 39% vs 2022 (€ 1,556,176) Unfavourable step	€ 676,728 Cash 2024: € 676,728 ▼ 29% vs 2023 (€ 948,104) Unfavourable step	€ 1,051,831 Cash 2025: € 1,051,831 ▲ 55% vs 2024 (€ 676,728) Favourable step	▲ 55%
Retained profit	€ 1,264,365 Retained profit 2022: € 1,264,365 First fiscal year in the series	€ 1,401,496 Retained profit 2023: € 1,401,496 ▲ 11% vs 2022 (€ 1,264,365) Favourable step	€ 1,608,919 Retained profit 2024: € 1,608,919 ▲ 15% vs 2023 (€ 1,401,496) Favourable step	€ 559,984 Retained profit 2025: € 559,984 ▼ 65% vs 2024 (€ 1,608,919) Unfavourable step	▼ 65%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 1,400,000 Dividend 2025: € 1,400,000 Unchanged (€ 0) Unchanged
Bank debt	€ 15,675 Bank debt 2022: € 15,675 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 15,675) Favourable step	€ 36,211 Bank debt 2024: € 36,211 Unchanged (€ 0) Unfavourable step	€ 28,118 Bank debt 2025: € 28,118 ▼ 22% vs 2024 (€ 36,211) Favourable step	▼ 22%
Balance sheet total	€ 2,392,687 Balance sheet total 2022: € 2,392,687 First fiscal year in the series	€ 3,042,955 Balance sheet total 2023: € 3,042,955 ▲ 27% vs 2022 (€ 2,392,687) Unchanged	€ 3,355,236 Balance sheet total 2024: € 3,355,236 ▲ 10% vs 2023 (€ 3,042,955) Unchanged	€ 2,784,308 Balance sheet total 2025: € 2,784,308 ▼ 17% vs 2024 (€ 3,355,236) Unchanged	▼ 17%
Employees (FTE)	21.1 Employees (FTE) 2022: 21.1 First fiscal year in the series	18.9 Employees (FTE) 2023: 18.9 ▼ 2.2 vs 2022 (21.1) Unchanged	27.8 Employees (FTE) 2024: 27.8 ▲ 8.9 vs 2023 (18.9) Unchanged	29.6 Employees (FTE) 2025: 29.6 ▲ 1.8 vs 2024 (27.8) Unchanged	▲ 1.8

Key figures of Close the Gap Circular, 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 Close the Gap Circular?

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

Jun 10, 2026 New annual accounts for financial year 2025: profit of € 351,066 (▲ 98% vs 2024). Source: NBB ↗
2026 Circular IT Topholding BV became a director. NBB
2023 Circular IT Holding BV became a director. NBB
Feb 9, 1999 New establishment in Kontich. KBO
Jan 25, 1999 Start of the company according to the CBE. KBO

In short

From € 308,154 profit in 2022 to € 351,066 profit in 2025.

Paid € 368,525 in corporate taxes since 2022.

Best year ever: 2025, with € 351,066 profit.

On average € 94,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

A new publication or filing at Close the Gap Circular? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Close the Gap Europe Investment 100%

The stake of Close the Gap Europe Investment comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Close the Gap Circular

Behind Close the Gap Circular are Circular IT Topholding BV and Circular IT Holding BV. The shares are held by Close the Gap Europe Investment (100%).

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Directors

According to the 2025 annual accounts

Circular IT Topholding BV

Director · represented by Dimitri WAMS

since 2026

Circular IT Holding BV

Director · represented by Reinout VAN TUYLL VAN SEROOSKERKEN

Owns 100% via Close the Gap Europe Investment

Also active at: Close the Gap Europe Investment

since 2023

Shareholders

Close the Gap Europe Investment · holding of Circular IT Holding BV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Veldkant 23

2550 Kontich

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0465.143.506

VAT number

BE 0465.143.506

Registered office

Veldkant 23, 2550 Kontich

Names & denominations

Close the Gap Circular · CTG Circular

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 January 1999

Peppol

Active · Active since 1 Apr 2026

Activities · NACE

Groothandel in informatie- en communicatieapparatuur

Groothandel in computers, randapparatuur en programmatuur

Recycling van niet-metaalafval

Terugwinning van materialen uit afval

Groothandel in computers, randapparatuur en software

Terugwinning van inerte afvalstoffen

Detailhandel in tweedehandsgoederen

Overige reparaties, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗