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 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CIRPRESS from Izegem, company number BE0793466334, closed financial year 2025 with a result of € -87,927 after tax. For that financial year CIRPRESS recorded a gross margin of € 98,434 and equity of € -184,331. Compared with financial year 2024, the result moved from € -73,942 to € -87,927. 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 July 15, 2026.
€ -184,331
▼ € 87,927 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -87,927
▼ 19 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,504
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -199,331.
People and assets in 2025
2.1
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 112,454
▲ € 104,095 vs 2024
€ 53,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 185,067
▼ 17% vs 2024
Of which on lease € 185,067.
Debts at end 2025
€ 268,321
▼ 23% vs 2024
€ 31,278 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 43,758
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,081
▲ € 26,919 vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -23,221 | € -1,631 | € 98,434 | ▲ € 100,066 |
| Profit after taxes | € -37,462 | € -73,942 | € -87,927 | ▼ € 13,985 |
| Equity | € -22,462 | € -96,404 | € -184,331 | ▼ € 87,927 |
| Total debts | € 181,029 | € 561,764 | € 641,160 | ▲ 14% |
| Cash | € 16,092 | € 20,055 | € 5,504 | ▼ 73% |
| Retained profit | € -37,462 | € -111,404 | € -199,331 | ▼ € 87,927 |
| Bank debt | € 127,766 | € 348,263 | € 268,321 | ▼ 23% |
| Balance sheet total | € 158,567 | € 465,361 | € 456,829 | ▼ 2% |
| Employees (FTE) | - | 0.3 | 2.1 | ▲ 1.8 |
Key figures of CIRPRESS, fiscal years 2023 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 CIRPRESS?
What happened at CIRPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 87,927. Source: NBB ↗
- Heem Invest BV became a director. NBB
- TechNations BV became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,462 loss in 2023 to € 87,927 loss in 2025.
Paid € 165 in corporate taxes since 2023.
On average € 46,900 of value added per employee in 2025.
Management
The stake of TechNations comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CIRPRESSBehind CIRPRESS are TechNations BV and Heem Invest BV. The shares are held by TechNations (100%).
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Johan Heemeryck
Also active at: BUSINESS CENTER BRUGGE OOST, FLY OVER, 3D DOMESTIC PROJECTS, ANNA PAULOWNA, FLANDERS FIELD BUSINESS PARK, 6 STONES, BOEVERIE, EUROFRESHFOOD +11 more
since 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leo Bekaertlaan 2
8870 Izegem
Vaarnewijkstraat 12
8530 Harelbeke
Active since 1 April 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0793.466.334
- VAT number
- BE 0793.466.334
- Registered office
- Leo Bekaertlaan 2, 8870 Izegem
- Names & denominations
- CIRPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2022
- Peppol
- Active · Active since 5 Dec 2022
- Activities · NACE
Vervaardiging van kunststofartikelen voor de bouw
Vervaardiging van synthetische en kunstmatige vezels
Vervaardiging van platen, vellen, buizen en profielen van kunststof
Bewerken en spinnen van textielvezels
Textielveredeling
Vervaardiging van andere textielproducten, neg