Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 135.3 to 99.4.
Financials
Financial year 2025
Circet Infratechniek from Schoten, company number BE0885415307, closed financial year 2025 with a result of € -303,666 after tax. For that financial year Circet Infratechniek recorded revenue of € 44.8 million and equity of € 18.9 million. Compared with financial year 2024, the result moved from € -3.3 million to € -303,666. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 18.9 million
▲ € 15.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -303,666
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6 million
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -82,205.
People and assets in 2025
99.4
▼ 25.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.2 million
▼ 18% vs 2024
€ 82,000 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.
€ 107,808
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 22.5 million
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 101 days on average.
€ 1.1 million
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 39,915,371 | € 44,380,229 | € 43,618,020 | € 44,767,045 | ▲ 3% |
| Profit after taxes | € -7,929,664 | € -8,592,846 | € -3,299,072 | € -303,666 | ▲ € 3 million |
| Equity | € -4,749,276 | € 7,060,245 | € 3,761,173 | € 18,889,137 | ▲ € 15.1 million |
| Total debts | € 31,930,664 | € 26,512,610 | € 39,200,018 | € 35,866,579 | ▼ 9% |
| Cash | € 609,589 | € 3,506,087 | € 4,592,921 | € 6,026,226 | ▲ 31% |
| Retained profit | € -6,963,885 | € -8,371,385 | € -11,670,456 | € -82,205 | ▲ € 11.6 million |
| Bank debt | € 0 | € 500,000 | € 0 | € 0 | |
| Balance sheet total | € 27,181,388 | € 33,572,855 | € 42,961,192 | € 54,755,716 | ▲ 27% |
| Employees (FTE) | 95.8 | 135.3 | 124.9 | 99.4 | ▼ 25.5 |
Key figures of Circet Infratechniek, 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 Circet Infratechniek?
What happened at Circet Infratechniek in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Plan F BV stepped down as director. NBB
- Managing Administration & Consultancy Services NV stepped down as director. NBB
- Patrick Block Management Consulting BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 303,666. Source: NBB ↗
- New establishment in Mechelen. KBO
- New establishment in Fleurus. KBO
- New establishment in Jemeppe-sur-Sambre. KBO
- Managing Administration & Consultancy Services NV became a director. NBB
In short
From € 7.9 million loss in 2022 to € 303,666 loss in 2025.
Paid € 99,793 in corporate taxes since 2022.
Pays suppliers within 101 days on average.
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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
The shares are held by Circet Benelux NV (100%).
Directors
According to the 2025 annual accounts
Director · represented by Gert De Win
Also active at: TELETRONIKA, Circet Projects, Circet Benelux, CIRCET BELGIUM
since 2021 · until 2027
Managing Administration & Consultancy Services NV
Director · represented by Bavo De Cock
Also active at: TELETRONIKA, Circet Projects, DC Capital, Circet Benelux, CIRCET BELGIUM
since 2025 · until 2027
Patrick Block Management Consulting BV
Director · represented by Patrick Block
Also active at: TELETRONIKA, Circet Projects, Vaartwarmte, WARM, Warmtenet Antwerpen Zuid, CIRCET BELGIUM
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zagerijstraat 28
2900 Schoten
Chemin des Moissons 14 box B
4400 Flémalle
Active since 1 September 2022
Klein Dalenstraat 45
3020 Herent
Active since 1 April 2023
Zoning de Jumet,4ème rue 1
6040 Charleroi
Active since 1 April 2023
Westvaartdijk 93B
1850 Grimbergen
Active since 1 April 2023
Prinsenweg 3
3700 Tongeren-Borgloon
Active since 1 April 2023
Everdongenlaan 15 box U3
2300 Turnhout
Active since 1 April 2023
Zandvoortstraat 17
2800 Mechelen
Active since 1 March 2026
Avenue du Marquis(FL) 9
6220 Fleurus
Active since 1 March 2026
Rue Isidore-Derèse,Mornimont 169
5190 Jemeppe-sur-Sambre
Active since 1 March 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0885.415.307
- VAT number
- BE 0885.415.307
- Registered office
- Zagerijstraat 28, 2900 Schoten
- Names & denominations
- Circet Infratechniek
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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