Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CIRCLE EU from Kapellen, company number BE0779912266, closed financial year 2025 with a result of € 15,236 after tax. For that financial year CIRCLE EU recorded a gross margin of € 16,150 and equity of € -20.9 million. Compared with financial year 2024, the result moved from € -7,430 to € 15,236. Profitable, and profit is growing. 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 9, 2026.
€ -20.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,236
▲ still € 7,430 loss in 2024
Profit after tax over the fiscal year.
€ 227
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -24.4 million.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 20.7 million
Loans from banks and other lenders, long and short.
€ 400
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,484 | € -4,333 | € -6,653 | € 16,150 | ▲ € 22,803 |
| Profit after taxes | € -10,366 | € -4,827 | € -7,430 | € 15,236 | ▲ € 22,666 |
| Equity | € -20,853,367 | € -20,858,194 | € -20,865,624 | € -20,850,388 | |
| Total debts | € 20,853,563 | € 21,027,575 | € 20,941,754 | € 20,854,153 | |
| Cash | € 0 | - | € 542 | € 227 | ▼ 58% |
| Retained profit | € -24,409,771 | € -24,414,597 | € -24,422,027 | € -24,406,791 | |
| Bank debt | € 20,748,463 | € 20,748,463 | € 20,748,463 | € 20,748,463 | |
| Balance sheet total | € 196 | € 169,381 | € 76,131 | € 3,766 | ▼ 95% |
Key figures of CIRCLE EU, 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 EU?
What happened at CIRCLE EU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,236. Source: NBB ↗
- New establishment in Kapellen. KBO
- Cornelis Van Erp became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,366 loss in 2022 to € 15,236 profit in 2025.
Paid € 1 in corporate taxes since 2022.
Best year ever: 2025, with € 15,236 profit.
A new publication or filing at CIRCLE EU? 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
Cornelis Van Erp
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 15
2950 Kapellen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →VENRODE
€ -1,656 gross margin · 2025
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Mavet België
€ -7,917 gross margin · 2024
G & N Goldpoint
€ 4,485 gross margin · 2025
Zakenkantoor N&B Kapellen
€ 181,679 gross margin · 2025
+1 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
- 0779.912.266
- VAT number
- BE 0779.912.266
- Registered office
- Antwerpsesteenweg 15, 2950 Kapellen
- Names & denominations
- CIRCLE EU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1989
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering