Financials
Financial year 2025
CIRCLE from Lokeren, company number BE0764872219, closed financial year 2025 with a result of € 189,718 after tax. For that financial year CIRCLE recorded a gross margin of € 93,766 and equity of € 217,544. Compared with financial year 2024, the result moved from € 48,581 to € 189,718. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.
€ 217,544
▲ 69% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 189,718
▲ 291% vs 2024
Profit after tax over the fiscal year.
€ 155,392
▲ € 144,885 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 101,230 paid out
53 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 54,146
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 294,979
▼ 20% vs 2024
€ 63,770 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,586
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,089
▲ 8% 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 | € 48,131 | € 46,132 | € 95,244 | € 93,766 | ▼ 2% |
| Profit after taxes | € 32,905 | € 19,744 | € 48,581 | € 189,718 | ▲ 291% |
| Equity | € 60,731 | € 80,475 | € 129,056 | € 217,544 | ▲ 69% |
| Total debts | € 95,514 | € 392,765 | € 617,789 | € 461,899 | ▼ 25% |
| Cash | € 43,221 | € 27,614 | € 10,507 | € 155,392 | ▲ € 144,885 |
| Land & buildings | - | € 337,246 | € 332,472 | € 322,019 | ▼ 3% |
| Retained profit | € 40,731 | € 60,475 | € 109,056 | € 197,544 | ▲ 81% |
| Dividend | € 0 | € 0 | € 0 | € 101,230 | |
| Bank debt | € 70,000 | € 367,527 | € 368,228 | € 294,979 | ▼ 20% |
| Balance sheet total | € 156,245 | € 473,239 | € 746,844 | € 679,443 | ▼ 9% |
Key figures of CIRCLE, 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 CIRCLE?
What happened at CIRCLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 189,718 (▲ 291% vs 2024). Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,905 profit in 2022 to € 189,718 profit in 2025.
Paid € 45,875 in corporate taxes since 2022.
Best year ever: 2025, with € 189,718 profit.
Paid out € 101,230 in dividends to the owners in total.
Management
Behind CIRCLE are PHILIPPE DE HAES and CHARLOTTE VANHAVERBEKE. It owns 79.9% of Create itself.
Directors
According to the 2025 annual accounts
PHILIPPE DE HAES
Director
CHARLOTTE VANHAVERBEKE
Director
Establishments
Establishment units
Physical locations of this company
H.-Geestmolenstraat 104
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0764.872.219
- VAT number
- BE 0764.872.219
- Registered office
- H.-Geestmolenstraat 104, 9160 Lokeren
- Names & denominations
- CIRCLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2021
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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