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 2 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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CIRCULACOOP from Charleroi, company number BE0756850418, closed financial year 2025 with a result of € -137,970 after tax. For that financial year CIRCULACOOP recorded a gross margin of € 114,430 and equity of € -28,088. Compared with financial year 2024, the result moved from € -59,689 to € -137,970. 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 June 30, 2026.
€ -28,088
▼ € 112,870 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -137,970
▼ 131 % more loss than in 2024
Profit after tax over the fiscal year.
€ 27,982
▲ € 22,473 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -197,908.
People and assets in 2025
€ 203,507
▼ 20% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36,175
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 188,833
▲ 30% vs 2024
€ 56,253 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 119,168
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,420
▼ 86% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,369 | € 37,504 | € 227,269 | € 114,430 | ▼ 50% |
| Profit after taxes | € -3,883 | € 19,443 | € -59,689 | € -137,970 | ▼ € 78,281 |
| Equity | € -14,691 | € 92,152 | € 84,783 | € -28,088 | ▼ € 112,870 |
| Total debts | € 39,197 | € 21,918 | € 269,375 | € 329,614 | ▲ 22% |
| Cash | € 3,910 | € 66,143 | € 5,509 | € 27,982 | ▲ € 22,473 |
| Retained profit | € -19,691 | € -248 | € -59,937 | € -197,908 | ▼ € 137,970 |
| Bank debt | € 0 | € 0 | € 145,591 | € 188,833 | ▲ 30% |
| Balance sheet total | € 24,506 | € 114,070 | € 354,157 | € 301,526 | ▼ 15% |
Key figures of CIRCULACOOP, 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 CIRCULACOOP?
What happened at CIRCULACOOP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 137,970. Source: NBB ↗
- New establishment in Charleroi. KBO
- Philippe BILLEN became a director. NBB
- Start of the company according to the CBE. KBO
- Solidarité des Alternatives Wallonnes et Bruxelloises ASBL became a director. NBB
- Christian ABRASSART became a director. NBB
In short
From € 3,883 loss in 2022 to € 137,970 loss in 2025.
Paid € 169 in corporate taxes since 2022.
Best year ever: 2023, with € 19,443 profit.
Management
Behind CIRCULACOOP are Solidarité des Alternatives Wallonnes et Bruxelloises ASBL, Christian ABRASSART and Philippe BILLEN. Solidarité des Alternatives Wallonnes et Bruxelloises ASBL is also behind Bota 75, Coopérative Alimentaire Belge des Artisans Solidaires, COOPCITY and Coopérative Bruxelloise d'Habitat.
Directors
According to the 2025 annual accounts
Solidarité des Alternatives Wallonnes et Bruxelloises ASBL
Administratrice · represented by Jean-François HERZ
Also active at: Bota 75, Coopérative Alimentaire Belge des Artisans Solidaires, COOPCITY, Coopérative Bruxelloise d'Habitat
since 2020
Christian ABRASSART
Director
since 2020
Philippe BILLEN
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Avenue de Philippeville 284
6001 Charleroi
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 →IMMO V.S.G.
€ 179,335 gross margin · 2025
TREVISTA
€ 437,650 gross margin · 2025
IMMO A.J.M.
€ 104,637 gross margin · 2025
DISTRITHERM MANAGEMENT HOLDING
€ -2,109 gross margin · 2025
ADS PROMO
€ -801 gross margin · 2025
+4 more
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
WIX_COM, IL
Website info
Features
Security
Network
Details
- Company number
- 0756.850.418
- VAT number
- BE 0756.850.418
- Registered office
- Avenue de Philippeville 284, 6001 Charleroi
- Names & denominations
- CIRCULACOOP
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 21 October 2020
- Peppol
- Active · Active since 13 Nov 2025
- Contact
- carolostore.be
- Activities · NACE
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Groothandel in groenten en fruit, muv consumptieaardappelen
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