Financials
Financial year 2025
CIRO from Merelbeke-Melle, company number BE0479532663, closed financial year 2025 with a result of € -6,192 after tax. For that financial year CIRO recorded a gross margin of € 2,033 and equity of € 41,403. Compared with financial year 2024, the result moved from € 2,449 to € -6,192. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 41,403
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,192
▼ still € 2,449 profit in 2024
Profit after tax over the fiscal year.
€ 44,796
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,597.
People and assets in 2025
€ 665
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,317
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,903
▼ 36% vs 2024
€ 8,796 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,792
▼ 53% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -583 | € 8,242 | € 14,298 | € 2,033 | ▼ 86% |
| Profit after taxes | € -20,720 | € -2,056 | € 2,449 | € -6,192 | ▼ € 8,640 |
| Equity | € 47,202 | € 45,146 | € 47,595 | € 41,403 | ▼ 13% |
| Total debts | € 54,635 | € 38,737 | € 41,940 | € 29,399 | ▼ 30% |
| Cash | € 65,991 | € 54,139 | € 60,288 | € 44,796 | ▼ 26% |
| Retained profit | € -14,798 | € -16,854 | € -14,405 | € -20,597 | ▼ € 6,192 |
| Bank debt | € 28,192 | € 19,669 | € 23,289 | € 14,903 | ▼ 36% |
| Balance sheet total | € 101,837 | € 83,883 | € 89,534 | € 70,802 | ▼ 21% |
Key figures of CIRO, 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 April 2027.
What happened to CIRO?
What happened at CIRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gerrit Van De Sijpe stepped down as director. NBB
- Fernand Gerber stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6,192 (▼ € 8,640 vs 2024). Source: NBB ↗
- Gerrit Van De Sijpe became a director. NBB
- Fernand Gerber became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,720 loss in 2022 to € 6,192 loss in 2025.
Paid € 563 in corporate taxes since 2022.
Best year ever: 2024, with € 2,449 profit.
A new publication or filing at CIRO? We notify you, reason included.
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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
Management
Directors
According to the 2025 annual accounts
Fernand Gerber
Director
since 2024 · until 2030
Gerrit Van De Sijpe
Director
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 764
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.532.663
- VAT number
- BE 0479.532.663
- Registered office
- Hundelgemsesteenweg 764, 9820 Merelbeke-Melle
- Names & denominations
- CIRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2003
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Cafés en bars
Cafés