C & B
ActiveSummary
The computed 12-month bankruptcy probability of C & B is 1.9% (moderate). The 2025 annual accounts show negative equity (-€231,220) and a net result of -€15,099. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 5% of 4695 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.03 in 2024; short-term debt: 900% and cash: 2.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-800%
Return on assets
-52.2%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€231,220
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
5 d late
2023
on the day
2022
13 d late
2021
4 d late
2020
23 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#10 oldest company in Pittem, Transport and storage sector
Equity
-€231,220▼ 7.0%
2024 · -€216,121
Total assets
€28,901▼ 3.6%
2024 · €29,996
Net result
-€15,099▼ 6.5%
2024 · -€14,176
Working capital
-€253,247▼ 6.3%
2024 · -€238,147
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€42,368▲ 1,129%-€4,901-€8,726▼ 78.1%-€11,777▼ 35.0%-€12,365▼ 5.0%
Net result€37,975▲ 7,152%-€25,731-€11,037▲ 57.1%-€14,176▼ 28.4%-€15,099▼ 6.5%
Equity-€177,571▲ 17.6%-€203,302▼ 14.5%-€201,944▲ 0.7%-€216,121▼ 7.0%-€231,220▼ 7.0%
Total assets€48,783▲ 27.7%€29,770▼ 39.0%€30,824▲ 3.5%€29,996▼ 2.7%€28,901▼ 3.6%
Debt€226,354▼ 10.8%€233,072▲ 3.0%€232,768▼ 0.1%€246,116▲ 5.7%€260,121▲ 5.7%
Working capital-€218,190▲ 11.2%-€225,329▼ 3.3%-€223,971▲ 0.6%-€238,147▼ 6.3%-€253,247▼ 6.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,365 in 2025 against €11,777 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28,901
Fixed assets
€22,027 =
Current assets
€6,874 ▼ 13.7%
Key figures and ratios
Solvency
-800.0%▼
2024 · -720.5%
Current ratio
0.03▼
2024 · 0.03
Quick ratio
0.02▼
2024 · 0.03
Debt to equity
-1.12▲
2024 · -1.14
ROA
-52.2%▼
2024 · -47.3%
Debt ≤ 1 year
€260,121▲
2024 · €246,116
Income taxes
€117▼
2024 · €134
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €843 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,735 | €0 | - | - | - | - |
| Other operating charges640/8 | - | €1,395 | €1,852 | €1,672 | €1,559 | ▼ 6.7% |
| Gross operating margin9900 | €52,185 | -€2,664 | -€6,874 | -€10,105 | -€10,806 | ▼ 6.9% |
| Operating profit (loss)9901 | €42,368 | -€4,901 | -€8,726 | -€11,777 | -€12,365 | ▼ 5.0% |
| Financial income75/76B | - | €2 | €38 | €1 | €1 | ▼ 39.8% |
| Recurring financial income75 | €15 | €2 | €38 | €1 | €1 | ▼ 39.8% |
| Financial charges65/66B | - | €20,714 | €2,223 | €2,266 | €2,618 | ▲ 15.5% |
| Recurring financial charges65 | €4,292 | €2,122 | €2,223 | €2,266 | €2,618 | ▲ 15.5% |
| Non-recurring financial charges66B | - | €18,592 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €38,091 | -€25,612 | -€10,912 | -€14,042 | -€14,982 | ▼ 6.7% |
| Income taxes67/77 | €116 | €118 | €125 | €134 | €117 | ▼ 12.9% |
| Profit (loss) for the period9904 | €37,975 | -€25,731 | -€11,037 | -€14,176 | -€15,099 | ▼ 6.5% |
| Profit (loss) for the period to be appropriated9905 | €37,975 | -€25,731 | -€11,037 | -€14,176 | -€15,099 | ▼ 6.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48,783 | €29,770 | €30,824 | €29,996 | €28,901 | ▼ 3.6% |
| Fixed assets21/28 | €40,619 | €22,027 | €22,027 | €22,027 | €22,027 | = |
| Tangible fixed assets22/27 | €22,027 | €22,027 | €22,027 | €22,027 | €22,027 | = |
| Plant, machinery and equipment23 | - | €13,951 | €13,951 | €13,951 | €13,951 | = |
| Furniture and vehicles24 | - | €3,575 | €3,575 | €3,575 | €3,575 | = |
| Other tangible fixed assets26 | - | €4,501 | €4,501 | €4,501 | €4,501 | = |
| Financial fixed assets28 | €18,592 | €0 | - | - | - | - |
| Current assets29/58 | €8,164 | €7,743 | €8,797 | €7,969 | €6,874 | ▼ 13.7% |
| Stocks and contracts in progress3 | €1,560 | €1,560 | €1,560 | €1,500 | €1,500 | = |
| Stocks30/36 | - | €1,560 | €1,560 | €1,500 | €1,500 | = |
| Amounts receivable within one year40/41 | €3,789 | €3,680 | €2,641 | €4,472 | €2,168 | ▼ 51.5% |
| Trade receivables40 | - | €3,667 | €2,629 | €4,460 | €2,155 | ▼ 51.7% |
| Other amounts receivable41 | - | €13 | €13 | €13 | €13 | = |
| Cash at bank and in hand54/58 | €2,068 | €1,423 | €3,451 | €779 | €839 | ▲ 7.8% |
| Deferred charges and accrued income490/1 | - | €1,081 | €1,145 | €1,218 | €2,368 | ▲ 94.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48,783 | €29,770 | €30,824 | €29,996 | €28,901 | ▼ 3.6% |
| Equity10/15 | -€177,571 | -€203,302 | -€201,944 | -€216,121 | -€231,220 | ▼ 7.0% |
| Contributions10/11 | - | €6,197 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€183,769 | -€209,499 | -€220,536 | -€234,713 | -€249,812 | ▼ 6.4% |
| Amounts payable17/49 | €226,354 | €233,072 | €232,768 | €246,116 | €260,121 | ▲ 5.7% |
| Amounts payable within one year42/48 | €226,354 | €233,072 | €232,768 | €246,116 | €260,121 | ▲ 5.7% |
| Financial debts43 | - | €28,937 | €29,206 | €29,314 | €27,129 | ▼ 7.5% |
| Credit institutions430/8 | - | €28,937 | €29,206 | €29,314 | €27,129 | ▼ 7.5% |
| Trade debts44 | €2,658 | €2,367 | €4,247 | €3,534 | €2,086 | ▼ 41.0% |
| Suppliers440/4 | - | €2,367 | €4,247 | €3,534 | €2,086 | ▼ 41.0% |
| Taxes, remuneration and social security45 | - | €4,652 | €4,809 | €4,701 | €5,254 | ▲ 11.8% |
| Taxes450/3 | - | €4,652 | €3,831 | €4,382 | €4,721 | ▲ 7.7% |
| Remuneration and social security454/9 | - | - | €978 | €319 | €533 | ▲ 67.1% |
| Other amounts payable47/48 | - | €197,115 | €194,506 | €208,568 | €225,652 | ▲ 8.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,975 | -€25,731 | -€11,037 | -€14,176 | -€15,099 | ▼ 6.5% |
| + Depreciation and write-downs630 | €8,735 | €0 | - | - | - | - |
| Operating cash flow (approximation) | €46,710 | -€25,731 | -€11,037 | -€14,176 | -€15,099 | ▼ 6.5% |
| Investment in fixed assets (approximation) | - | €18,592 | €0 | €0 | €0 | - |
| Change in cash | - | -€645 | €2,028 | -€2,672 | €60 | ▲ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
05-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
30-06
Financial
Weakest financial yearnet -€25,731
Net result drops to -€25,731, the lowest in the series; recovery starts the following year.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
30-06
Financial
Highest result since 2019net €37,975 ▲7,152%
Operating result €42,368, net result €37,975, both a record.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
11-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 18 days late
2018
16-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pittem · 1 establishment unit since 2013
Ground area
1,740 m²
Building footprint
177 m²
Volume, LiDAR
935 m³
Parcel 37011A0074/00P000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Weegbrug
since 20132.227.083.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A0074/00P000 | Flanders | 1,740 m² | 1 · 177 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 sitePittem2.227.083.475
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-10-1997
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
Contact
E-mail
christof.bullinck@telenet.bePittem
Phone
047761.12.19Pittem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461610132
Also
9925:BE0461610132
Registered
16-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.