Financials
Financial year 2024
The Circular Hub from Gent, company number BE0727380531, closed financial year 2024 with a result of € 8,676 after tax. For that financial year The Circular Hub recorded a gross margin of € 25,711 and equity of € 28,847. Compared with financial year 2023, the result moved from € 2,172 to € 8,676. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ 28,847
▲ 43% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,676
▲ 299% vs 2023
Profit after tax over the fiscal year.
€ 143,914
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 10,847.
People and assets in 2024
€ 1,046
▼ 47% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 232,123
▲ € 212,109 vs 2023
€ 50,619 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 83,385
▼ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,231
▲ 102% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 8,959 | € 3,527 | € 9,295 | € 25,711 | ▲ 177% |
| Profit after taxes | € 8,204 | € 652 | € 2,172 | € 8,676 | ▲ 299% |
| Equity | € 17,347 | € 17,999 | € 20,171 | € 28,847 | ▲ 43% |
| Total debts | € 96,209 | € 80,309 | € 202,646 | € 327,039 | ▲ 61% |
| Cash | € 64,708 | € 34,612 | € 143,384 | € 143,914 | |
| Retained profit | € -653 | € -1 | € 2,171 | € 10,847 | ▲ € 8,676 |
| Bank debt | € 0 | € 0 | € 20,014 | € 232,123 | ▲ € 212,109 |
| Balance sheet total | € 113,556 | € 98,309 | € 222,817 | € 355,886 | ▲ 60% |
Key figures of The Circular Hub, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to The Circular Hub?
What happened at The Circular Hub in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 8,676 (▲ 299% vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,204 profit in 2021 to € 8,676 profit in 2024.
Paid € 13,415 in corporate taxes since 2021.
Best year ever: 2024, with € 8,676 profit.
Management
Behind The Circular Hub is Anne-Marie Pieters.
Directors
According to the 2024 annual accounts
Anne-Marie Pieters
Director
Establishments
Establishment units
Physical locations of this company
Merelbekestationplein 10
9050 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0727.380.531
- VAT number
- BE 0727.380.531
- Registered office
- Merelbekestationplein 10, 9050 Gent
- Names & denominations
- The Circular Hub · The C-Hub
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 2019
- Peppol
- Active · Active since 4 Feb 2025
- Contact
- thecircularhub.be
- Activities · NACE
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