Active BE 0631.716.755Private limited company (pre-2019)

CIRCULAR CONSULTING

· 11 yrs active

Conclusion Checked

The KBO register records legal situation 050 for CIRCULAR CONSULTING (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-279k) and a net result of €-543k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-279k
Net result	€-543k
Staff (FTE)	3.4
Active	11 yrs

Financial profile 5 of 5 axes measured · computed by Checked

35 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 45

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 17-10-2022 with the NBB · fiscal year 2021 · volledig

Operating resultNet result

EBITDA

€-488k

- 18-21

Net profit

€-543k

- 18-21

Cash flow

€-530k

- 18-21

Total assets

€1.32M

+25.3% 18-21

Equity

€-279k

- 18-21

Working capital

€53k

-86.4% 18-21

Employees (FTE)

3

-30.6% 18-21

Staff costs

€66k

- 18-21

Show 11 other metrics

Income taxes

€0

-100.0% 18-21

Debt

€1.60M

+102.3% 18-21

Debt ≤ 1y

€1.25M

+102.9% 18-21

Debt > 1y

€194k

+419.8% 18-21

Current ratio

1.04

-35.9% 18-21

Quick ratio

0.89

-8.6% 18-21

Solvency

-21.1%

- 18-21

Debt / equity

-5.75

- 18-21

ROE

194.7%

+152.6% 18-21

ROA

-41.0%

- 18-21

Interest coverage

-11.46

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	volledig
Revenue	-
EBITDA	€-488k
Net profit	€-543k
Cash flow	€-530k
Staff costs	€66k
Income taxes	€0
Dividends	-
Total assets	€1.32M
Equity	€-279k
Debt	€1.60M
of which ≤ 1y	€1.25M
of which > 1y	€194k
Working capital	€53k
Employees (FTE)	3.4

Ratios (computed)

	2021
Current ratio	1.04
Quick ratio	0.89
Working capital ratio	4.0%
Solvency	-21.1%
Debt / equity	-5.75
Long-term debt ratio	-0.70
Interest coverage	-11.46
Gross margin	-
Net margin	-
ROA	-41.0%
ROE	194.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €17k · 1.3% Current assets €1.31M · 98.7%

Full annual accounts (26 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.32M
Fixed assets	21/28	€17k
Intangible fixed assets	21	€9k
Tangible fixed assets	22/27	€7k
Financial fixed assets	28	€500
Current assets	29/58	€1.31M
Stocks & contracts in progress	3	€188k
Amounts receivable within one year	40/41	€1.09M
Cash & bank	54/58	€21k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.32M
Equity	10/15	€-279k
Contributions / capital	10/11	€59k
Reserves	13	€2k
Accumulated profits (losses)	14	€-339k
Amounts payable	17/49	€1.60M
Amounts payable after one year	17	€194k
Amounts payable within one year	42/48	€1.25M
Trade debts payable within one year	44	€830k
Income statement
Gross operating margin	9900	€-378k
Operating result	9901	€-500k
Financial income	75	€3
Financial charges	65	€43k
Result before taxes	9903	€-543k
Income taxes	67/77	€0
Net result for the period	9904	€-543k
Result to be appropriated	9905	€-543k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	02-06-2015
Status	Active
Postal code	-

Establishment units 1 location

CIRCULAR CONSULTING

Terugwinning van overig gesorteerd afval

since 20152.242.493.510

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0120/00L005	Brussels	700 m²	1 · 700 m²	32.2 m · 9 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

17-10-2022