Warning lights
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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
CIRIGAN from Gent, company number BE0478558507, closed financial year 2025 with a result of € -1,417 after tax. For that financial year CIRIGAN recorded a gross margin of € -1,417 and equity of € -1.8 million. Compared with financial year 2024, the result moved from € -5,818 to € -1,417. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 10, 2026.
€ -1.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,417
▲ 76 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 30
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 403 | € 233,699 | € -1,218 | € -1,417 | ▼ € 200 |
| Profit after taxes | € -10,226 | € 293,140 | € -5,818 | € -1,417 | ▲ € 4,401 |
| Equity | € -2,037,731 | € -1,744,590 | € -1,750,409 | € -1,751,826 | |
| Total debts | € 2,597,472 | € 2,652,610 | € 2,051,836 | € 2,053,130 | |
| Land & buildings | € 655,033 | - | - | - | |
| Retained profit | € -2,043,931 | € -1,750,790 | € -1,756,609 | € -1,758,026 | |
| Bank debt | € 550,951 | € 590,581 | € 0 | € 0 | |
| Balance sheet total | € 657,032 | € 908,020 | € 301,428 | € 301,304 |
Key figures of CIRIGAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to CIRIGAN?
What happened at CIRIGAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
CIRIGAN is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 1,418. filed late Source: NBB ↗
- Geert Defreyne became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,226 loss in 2022 to € 1,418 loss in 2025.
Best year ever: 2023, with € 293,140 profit.
Management
Behind CIRIGAN is Geert Defreyne. Geert Defreyne is also behind PINGÜFASH, EFT, CONFISERIE RIAL, AUTOSTRADEWEG and PAT.
Directors
According to the 2025 annual accounts
Geert Defreyne
Liquidator
Also active at: PINGÜFASH, EFT, CONFISERIE RIAL, AUTOSTRADEWEG, PAT, EXL, Serti Wieme, Serti Food
since 2022
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 361
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →WIJNHANDEL BJ
€ -116,637 gross margin · 2025
PLN
€ -736 gross margin · 2024
CASADOMUS
€ -2,477 gross margin · 2025
Serti Wieme same network
€ -486 gross margin · 2025
Advocatenkantoor Defreyne-Degryse
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.558.507
- VAT number
- BE 0478.558.507
- Registered office
- Kortrijksesteenweg 361, 9000 Gent
- Names & denominations
- CIRIGAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 14 October 2002
- Peppol
- Not registered