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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Age3 yrs
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BErecircle is 3.1% (moderate). The 2024 annual accounts show negative equity (€-10k) and a net result of €8k. Its solvency ranks better than 19% of 6697 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone3.1%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6697 sector peers (2024).
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€8k
Working capital€-41k+3.5%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 26-06-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -17.7% | 20.4% | |
| Net result | €8k | €4k | |
| Equity | €-10k | €16k | |
| Gross operating margin | €13k | €24k | |
| Total assets | €59k | €94k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€13k
-
+149% vs sector
€8k
-
+122% vs sector
€14k
-
+206% vs sector
€59k
+21.9%
-24% vs sector
€-10k
+42.6%
far below sector median
€-41k
+3.5%
far below sector median
1
-
-17% vs sector
€9k
-
-22% vs sector
€69k
+4.3%
+45% vs sector
€69k
+4.3%
+45% vs sector
0.41
+13.3%
-74% vs sector
0.41
+13.3%
-70% vs sector
-17.7%
+52.9%
far below sector median
-6.66
-81.6%
far below sector median
-74.2%
-
far below sector median
13.1%
-
+96% vs sector
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €13k |
| Net profit | €8k |
| Cash flow | €14k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €59k |
| Equity | €-10k |
| Debt | €69k |
| of which ≤ 1y | €69k |
| of which > 1y | - |
| Working capital | €-41k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.41 |
| Quick ratio | 0.41 |
| Working capital ratio | -69.8% |
| Solvency | -17.7% |
| Debt / equity | -6.66 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 13.1% |
| ROE | -74.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €59k |
| Fixed assets | 21/28 | €31k |
| Tangible fixed assets | 22/27 | €31k |
| Current assets | 29/58 | €28k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €59k |
| Equity | 10/15 | €-10k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-20k |
| Amounts payable | 17/49 | €69k |
| Amounts payable within one year | 42/48 | €69k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €13k |
| Operating result | 9901 | €7k |
| Financial income | 75 | €374 |
| Result before taxes | 9903 | €8k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computed8
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Establishment units
1 locationBErecircle
since 20222.335.463.357
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 3 years ago
2022
29-08-2022 Incorporation of a new BV
Notary:
Christoph Weling · Eupen
Analysis
Snowflake analysis
financial profile on 5 axes43
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
8
Profitability
0
Solvency
33
Growth
78
Stability
94
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Credit advice
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Primary activity highlighted.
Names & trade names
| Legal nameDE | BErecircle |
Registered office
Handelsstrasse 3
4700 Eupen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.