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21CC

Active
Private limited companyfounded 2020active for 6 yearsAmerikaanse straat 207, 1050 Elsene, BelgiumKBO/BCE: BE 0743.676.729
Summary

21CC has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €456,431 and a net result of -€9,044. Equity has been growing by about 3.5% per year since 2020. Its solvency ranks better than 88% of 15,188 sector peers (NACE 69, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 14-02-2020 Normal situation
Activity
Other legal services NACE 69109
Establishment unit
2.299.550.690 1050 Elsene, since 14-02-2020
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Coates KevinDirector · since 14-02-2020

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2024
Gross margin
-€5,908
Loss
€9,044
Equity
€456,431
▼ 1.9%
Total assets
€515,375
▼ 15.4%
  • 2025 accounts not filed, 95 days past the deadline
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 25-08-2025)lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 8.74, cash €421,454Size: total assets €515,375Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 54% of micro companies in legal and accounting (NACE 69)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100=
equity 88.6% of total assets
Liquidity 99+7
short-term debt 11.4% · cash 81.8%
Profitability 17-83
return on assets -1.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,087 companies, NACE 69, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €25,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 8.74 (4.22 in 2023), above the usual 1.5. Short-term debt is 11.4% and cash 81.8% of total assets. 11.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 87% of them on solvency, 94% on liquidity, 5% on profitability and 31% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 25-08-2025)
NBB · annual accounts
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 8.74, cash €421,454
NBB · annual accounts
lowers risk · Size: total assets €515,375
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 25 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
25 days late
2023
7 days late
2022
30 days late
2021
12 days late
2020
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 9 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.

Annual accounts 2024 filed on 25-08-2025 PDF all 5 filings

Equity
€456,431▼ 1.9%
2023 · €465,475
Total assets
€515,375▼ 15.4%
2023 · €608,940
Net result
-€9,044
2023 · €176,925
Working capital
€456,022▼ 1.2%
2023 · €461,419
Multi-year overview
2020 to 2024, 5 financial years
Operating result
-€10,588
2024
20202024
Net result
-€9,044
2024
lowest quarter of the sector
20202024
Equity
€456,431
▼ 1.9% 2024
highest quarter of the sector
20202024
Total assets
€515,375
▼ 15.4% 2024
highest quarter of the sector
20202024
Debt
€58,944
▼ 58.9% 2024
20202024
Working capital
€456,022
▼ 1.2% 2024
highest quarter of the sector
20202024
Solvency
88.6%
▲ 12.1pp 2024
highest quarter of the sector
20202024
Current ratio
8.74
▲ 4.52 2024
highest quarter of the sector
20202024
Return on assets (ROA)
-1.8%
▼ 30.8pp 2024
lowest quarter of the sector
20202024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20202021202220232024
Operating result€415,723-€295,265▼ 29.0%€337,091▲ 14.2%€230,048▼ 31.8%-€10,588
Net result€283,342above the sector's middle half-€226,586above the sector's middle half▼ 20.0%€248,621above the sector's middle half▲ 9.7%€176,925above the sector's middle half▼ 28.8%-€9,044below the sector's middle half
Equity€288,342above the sector's middle half-€514,928above the sector's middle half▲ 78.6%€763,550above the sector's middle half▲ 48.3%€465,475above the sector's middle half▼ 39.0%€456,431above the sector's middle half▼ 1.9%
Total assets€450,264within the sector's middle half-€736,884above the sector's middle half▲ 63.7%€936,994above the sector's middle half▲ 27.2%€608,940above the sector's middle half▼ 35.0%€515,375above the sector's middle half▼ 15.4%
Debt€161,922-€221,956▲ 37.1%€173,444▼ 21.9%€143,466▼ 17.3%€58,944▼ 58.9%
Working capital€286,986above the sector's middle half-€512,231above the sector's middle half▲ 78.5%€755,599above the sector's middle half▲ 47.5%€461,419above the sector's middle half▼ 38.9%€456,022above the sector's middle half▼ 1.2%
Solvency64.0%within the sector's middle half-69.9%within the sector's middle half▲ 5.8pp81.5%above the sector's middle half▲ 11.6pp76.4%within the sector's middle half▼ 5.0pp88.6%above the sector's middle half▲ 12.1pp
Current ratio2.77within the sector's middle half-3.31within the sector's middle half▲ 0.545.36above the sector's middle half▲ 2.054.22within the sector's middle half▼ 1.148.74above the sector's middle half▲ 4.52
Return on assets (ROA)62.9%above the sector's middle half-30.7%above the sector's middle half▼ 32.2pp26.5%within the sector's middle half▼ 4.2pp29.1%within the sector's middle half▲ 2.5pp-1.8%below the sector's middle half▼ 30.8pp
above within below The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2024 is a loss of €10,588, after a profit of €230,048 in 2023. It is the lowest result since 2020.

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €515,375
Fixed assets €409 ▼ 89.9%
Current assets €514,966 ▼ 14.9%
Equity and liabilities €515,375
Equity €456,431 ▼ 1.9%
Debt €58,944 ▼ 58.9%
Debt's share of the balance-sheet total falls from 23.6% to 11.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€6,942▼
2023 · €233,944
Cash flow
-€5,397▼
2023 · €180,820
Debt to equity
0.13▼
2023 · 0.31
ROE
-2.0%▼
2023 · 38.0%
Interest coverage
-17.88▲
2023 · -99.41
Debt ≤ 1 year
€58,944▼
2023 · €143,466
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item2021202220232024
Tangible fixed assets€1,910€8,740--
Depreciation and write-downs of the year€568€3,487€3,895€3,646

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€608,940€515,375▼
Fixed assets21/28€4,056€409▼
Tangible fixed assets22/27€4,056€409▼
Furniture and vehicles24€4,056€409▼
Current assets29/58€604,885€514,966▼
Amounts receivable within one year40/41€3,433€1,512▼
Other amounts receivable41€3,433€1,512▼
Current investments50/53€92,000€92,000=
Cash at bank and in hand54/58€509,451€421,454▼
Equity and liabilities
Total equity and liabilities10/49€608,940€515,375▼
Equity10/15€465,475€456,431▼
Contributions10/11€5,000€5,000=
Reserves13€460,475€451,431▼
Distributable reserves133€460,475€451,431▼
Amounts payable17/49€143,466€58,944▼
Amounts payable within one year42/48€143,466€58,944▼
Trade debts44€3,321€3,102▼
Suppliers440/4€3,321€3,102▼
Taxes, remuneration and social security45€140,144€55,842▼
Taxes450/3€140,144€55,842▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,895€3,646▼
Other operating charges640/8€636€1,033▲
Gross operating margin9900€234,580-€5,908▼
Operating profit (loss)9901€230,048-€10,588▼
Financial income75/76B€1,042€1,933▲
Recurring financial income75€1,042€1,933▲
Financial charges65/66B-€2,353€388▲
Recurring financial charges65-€2,353€388▲
Profit (loss) for the period before taxes9903€233,443-€9,044▼
Income taxes67/77€56,518-
Profit (loss) for the period9904€176,925-€9,044▼
Profit (loss) for the period to be appropriated9905€176,925-€9,044▼
Appropriation of the result
Profit (loss) to be appropriated9906€176,925-€9,044▼
Transfer from equity791/2€475,000€9,044▼
Transfer to equity691/2€176,925-
To other reserves6921€176,925-
Profit to be distributed694/7€475,000-
Return on contributions (dividend)694€475,000-

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 25-08-2025.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26€568€3,487€3,895€3,646▼ 6.4%
Other operating charges640/8-€405€411€636€1,033▲ 62.4%
Gross operating margin9900€416,392€296,237€340,989€234,580-€5,908-
Operating profit (loss)9901€415,723€295,265€337,091€230,048-€10,588-
Financial income75/76B-€180€296€1,042€1,933▲ 85.5%
Recurring financial income75-€180€296€1,042€1,933▲ 85.5%
Financial charges65/66B-€62€4,744-€2,353€388-
Recurring financial charges65€150€62€4,744-€2,353€388-
Profit (loss) for the period before taxes9903€415,573€295,383€332,644€233,443-€9,044-
Income taxes67/77€132,231€68,797€84,022€56,518--
Profit (loss) for the period9904€283,342€226,586€248,621€176,925-€9,044-
Profit (loss) for the period to be appropriated9905€283,342€226,586€248,621€176,925-€9,044-
Line20202021202220232024Change
Assets
Total assets20/58€450,264€736,884€936,994€608,940€515,375▼ 15.4%
Fixed assets21/28€1,356€2,697€7,951€4,056€409▼ 89.9%
Tangible fixed assets22/27€1,356€2,697€7,951€4,056€409▼ 89.9%
Furniture and vehicles24-€2,697€7,951€4,056€409▼ 89.9%
Current assets29/58€448,908€734,187€929,043€604,885€514,966▼ 14.9%
Amounts receivable within one year40/41-€23,672€124,182€3,433€1,512▼ 56.0%
Trade receivables40--€120,000---
Other amounts receivable41-€23,672€4,182€3,433€1,512▼ 56.0%
Current investments50/53--€44,098€92,000€92,000=
Cash at bank and in hand54/58€448,908€710,515€760,763€509,451€421,454▼ 17.3%
Equity and liabilities
Total equity and liabilities10/49€450,264€736,884€936,994€608,940€515,375▼ 15.4%
Equity10/15€288,342€514,928€763,550€465,475€456,431▼ 1.9%
Contributions10/11-€5,000€5,000€5,000€5,000=
Reserves13€283,342€509,928€758,550€460,475€451,431▼ 2.0%
Distributable reserves133-€509,928€758,550€460,475€451,431▼ 2.0%
Amounts payable17/49€161,922€221,956€173,444€143,466€58,944▼ 58.9%
Amounts payable within one year42/48€161,922€221,956€173,444€143,466€58,944▼ 58.9%
Trade debts44€1,539€2,424€1,364€3,321€3,102▼ 6.6%
Suppliers440/4-€2,424€1,364€3,321€3,102▼ 6.6%
Taxes, remuneration and social security45-€219,532€83,934€140,144€55,842▼ 60.2%
Taxes450/3-€219,532€83,934€140,144€55,842▼ 60.2%
Other amounts payable47/48--€88,147---
Line20202021202220232024Change
Profit (loss) for the period9904€283,342€226,586€248,621€176,925-€9,044-
+ Depreciation and write-downs630€26€568€3,487€3,895€3,646▼ 6.4%
Operating cash flow (approximation)€283,369€227,154€252,108€180,820-€5,397-
Investment in fixed assets (approximation)--€1,910-€8,740€0€0-
Change in cash-€261,606€50,248-€251,312-€87,998▲ 65.0%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 929 companies had the same profile as 21CC has now. Two years later, 92.8% were still going and 1.7% had gone bankrupt.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
92.8% was still going
5.5% stopped otherwise
1.7% went bankrupt

The bankruptcy probability of 21CC itself is lower: 0.1% within 12 months. It rests on far more data about 21CC than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 929 companies, not a prediction for 21CC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2024 micro format 25-08-2025 2025-00396950 PDF
31-12-2023 micro format 07-08-2024 2024-00332521 PDF
31-12-2022 micro format 30-08-2023 2023-00373745 PDF
31-12-2021 micro format 12-08-2022 2022-20284600 PDF
31-12-2020 micro format 02-07-2021 2021-28900413 PDF

Board & ownership

Directors

Directors
1 director
Coates Kevin
Director · since 14-02-2020 · listed in the 2024 annual accounts, filed on 25-08-2025
Current

Owners and capital

Network & group

21CC shares no director with another company.

Companies at the same address

2 other companies

Connections & network

1 current director
Depth

The network starts from the directors of 21CC. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2025
25-08
NBB filing Annual accounts 2024 filedPDF
micro format · 25 days late
2024
31-12
Financial Weakest financial yearnet -€9,044
The net result drops to -€9,044, the lowest from 2020 to 2024.
31-12
Financial Liquidity more than doubledcurrent ratio 8.74
The current ratio rises from 4.22 to 8.74. Short-term debt falls from €143,466 to €58,944.
07-08
NBB filing Annual accounts 2023 filedPDF
micro format · 7 days late
2023
30-08
NBB filing Annual accounts 2022 filedPDF
micro format · 30 days late
2022
12-08
NBB filing Annual accounts 2021 filedPDF
micro format · 12 days late
2021
31-12
Financial Equity above €500,000equity €514,928 ▲78.6%
With a profit in every financial year since 2020, equity grows to €514,928.
02-07
NBB filing Annual accounts 2020 filedPDF
micro format · 29 days before the deadline
2020
18-02
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

21CC was incorporated on 14 February 2020 as a private limited company.1 Total assets rose from €450,264 in 2020 to €515,375 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2024

Company details

Register details

Identity

KBO record
Name 21CC in French
Enterprise number 0743.676.729
Legal form Private limited company
Status Active, normale toestand
Founded 14-02-2020
Entity type Legal entity

Registered office and establishments

Registered office Amerikaanse straat 207, 1050 Elsene, Belgium
Establishment unit 21CC, Amerikaanse straat 207, 1050 Elsene since 14-02-2020 · unit number 2.299.550.69069101 Activities of lawyers

Activities

NACEBEL 2025
69109 Other legal services main activity
Codes under NACEBEL 2008
69109 Other legal services main activity

Invoicing and payment

VAT number BE 0743.676.729
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0743676729
Other Peppol ID 9925:BE0743676729

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
152 m²
Building footprint
90 m²
Building volume
1,123 m³
Cadastral parcel Region Area Buildings Height / floors
21447B0266/00M004 Brussels 152 m² 1 · 90 m² 17.3 m · 5