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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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
Circular Textiles from Houthalen-Helchteren, company number BE0682598502, closed financial year 2026 with a result of € -20,127 after tax. For that financial year Circular Textiles recorded a gross margin of € -416 and equity of € -89,077. Compared with financial year 2025, the result moved from € 314,453 to € -20,127. 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 September 29, 2026.
€ -89,077
▼ € 20,127 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,127
▼ still € 314,453 profit in 2025
Profit after tax over the fiscal year.
€ 927
▼ 90% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2026
0
▼ 1.8 vs 2025
Average over the fiscal year, from the social balance sheet.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 38,363
▲ 77% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -646,642 | € 977,911 | € 564,316 | € -416 | ▼ € 564,732 |
| Profit after taxes | € -1,417,393 | € 666,163 | € 314,453 | € -20,127 | ▼ € 334,580 |
| Equity | € -1,049,565 | € -383,402 | € -68,950 | € -89,077 | ▼ € 20,127 |
| Total debts | € 1,811,206 | € 1,288,997 | € 379,619 | € 436,638 | ▲ 15% |
| Cash | € 83,173 | € 34,914 | € 9,282 | € 927 | ▼ 90% |
| Retained profit | € -2,017,775 | € -1,351,613 | € -1,037,160 | € -1,057,287 | ▼ € 20,127 |
| Bank debt | € 1,436,627 | € 967,176 | € 0 | € 0 | |
| Balance sheet total | € 761,641 | € 905,595 | € 310,669 | € 347,562 | ▲ 12% |
| Employees (FTE) | 3 | 1.8 | 1.8 | 0 | ▼ 1.8 |
Key figures of Circular Textiles, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to Circular Textiles?
What happened at Circular Textiles in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JRDNS VOF stepped down as director. NBB
- AMLUTIMI BV stepped down as director. NBB
- BART CONNECT BV stepped down as director. NBB
- DIPOLARIS BV stepped down as director. NBB
- CIE. BV stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 20,127 (▼ € 334,580 vs 2025). filed late Source: NBB ↗
- SUM BV stepped down as director. NBB
- DIPOLARIS BV became a director. NBB
In short
From € 1.4 million loss in 2023 to € 20,127 loss in 2026.
Paid € 205 in corporate taxes since 2023.
Best year ever: 2024, with € 666,163 profit.
On average € 313,500 of value added per employee in 2025.
Management
The stake of CLAES RETAIL GROUP, FRESHMEN, TOMTREE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Circular TextilesThe shares are held by CLAES RETAIL GROUP (100%), FRESHMEN (54.6%) and TOMTREE (12%).
Directors
According to the 2026 annual accounts
Director · represented by Hans Jordens
Also active at: Mayerline, JBC, CKS Fashion, CKS Partners
since 2024 · until 2028
Director · represented by Sam Vanroosbroeck
Also active at: Mayerline, JBC, IMMO IRIS, CKS Fashion, GIRLS IMMO, CKS Partners, CLAES IMMO GROUP, Immo Briljant
since 2024 · until 2025
Director · represented by Ann Claes
Also active at: Mayerline, JBC, FILOU COMPANY, IMMO IRIS, CKS Fashion, GIRLS IMMO, CKS Partners, CLAES IMMO GROUP
since 2024 · until 2028
Director · represented by Bart Claes
Also active at: Mayerline, JBC, FILOU COMPANY, IMMO IRIS, CKS Fashion, GIRLS IMMO, CKS Partners, CLAES IMMO GROUP
since 2024 · until 2028
Director · represented by Dorien Timmermans
Also active at: Mayerline, JBC, CKS Fashion, CKS Partners
since 2025 · until 2028
Director · represented by Cielke Vaes
Also active at: Mayerline, JBC, CKS Fashion, CKS Partners
since 2024 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 3401
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Mayerline same network
€ 33.1 million revenue · 2026
JBC same network
€ 136.2 million revenue · 2026
IMMO IRIS same network
€ 1.9 million gross margin · 2026
CLAES RETAIL GROUP same network
CKS Fashion same network
€ 19 million revenue · 2026
+8 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
- 0682.598.502
- VAT number
- BE 0682.598.502
- Registered office
- Centrum-Zuid 3401, 3530 Houthalen-Helchteren
- Names & denominations
- Circular Textiles
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen
Detailhandel in tweedehandskleding
Groothandel in kledingaccessoires