Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.6 to 1.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2026
Sircle from Antwerpen, company number BE0825366367, closed financial year 2026 with a result of € -61,924 after tax. For that financial year Sircle recorded a gross margin of € 82,655 and equity of € 92,473. Compared with financial year 2025, the result moved from € 41,155 to € -61,924. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.
€ 92,473
▼ 40% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,924
▼ still € 41,155 profit in 2025
Profit after tax over the fiscal year.
€ 34,270
▼ 29% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 73,873.
People and assets in 2026
1
▼ 0.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 120,418
▼ 45% vs 2025
€ 120,400 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.
€ 1,319
▼ 89% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 169,144
▼ 23% vs 2025
€ 11,001 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 259,085
Supplier invoices still open on the last day of the fiscal year.
€ 23,510
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 463,111 | € 500,979 | € 299,709 | € 82,655 | ▼ 72% |
| Profit after taxes | € 263 | € 47,347 | € 41,155 | € -61,924 | ▼ € 103,079 |
| Equity | € 150,896 | € 153,242 | € 154,397 | € 92,473 | ▼ 40% |
| Total debts | € 728,231 | € 724,988 | € 542,129 | € 458,341 | ▼ 15% |
| Cash | € 70,549 | € 66,877 | € 48,202 | € 34,270 | ▼ 29% |
| Retained profit | € 132,296 | € 134,642 | € 135,797 | € 73,873 | ▼ 46% |
| Dividend | € 0 | € 45,000 | € 40,000 | € 0 | ▼ 100% |
| Bank debt | € 152,486 | € 234,635 | € 218,383 | € 169,144 | ▼ 23% |
| Balance sheet total | € 879,127 | € 878,230 | € 696,527 | € 550,815 | ▼ 21% |
| Employees (FTE) | 6.3 | 4.6 | 1.9 | 1 | ▼ 0.9 |
Key figures of Sircle, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Sircle?
What happened at Sircle in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 61,924 (▼ € 103,079 vs 2025). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 263 profit in 2023 to € 61,924 loss in 2026.
Paid € 16,989 in corporate taxes since 2023.
Best year ever: 2024, with € 47,347 profit.
On average € 82,700 of value added per employee in 2026.
Management
Behind Sircle are REOLISE BV and REDWIRE MANAGEMENT BV.
Directors
According to the 2026 annual accounts
Director · represented by Herbert VAN DE POEL
Director · represented by Bram VAN HANDENHOVEN
Establishments
Establishment units
Physical locations of this company
Jan Van Rijswijcklaan 172 box 12
2020 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Filmfonds
HANSA-HUIS
€ 707,205 gross margin · 2025
QBRIX
€ 31,386 gross margin · 2025
Vereniging van Mede-eigenaars te Antwerpen, Jan Van Rijswijcklaan 172
Coco Enzo
€ -1,552 gross margin · 2024
+2 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
- 0825.366.367
- VAT number
- BE 0825.366.367
- Registered office
- Jan Van Rijswijcklaan 172 bus 12, 2020 Antwerpen
- Names & denominations
- Sircle
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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