C&C
ActiveSummary
C&C has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €456,781 and a net result of €6,741. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 3.96 against 6.5 in 2024; short-term debt: 21.3% and cash: 26.9% of total assets), and 21.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.7%
Return on assets
1.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 8 filingsDeviation from the deadline
2025
25 d late
2024
6 d late
2023
72 d early
2022
34 d early
2021
4 d early
2020
37 d early
2019
2 d early
← 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 17 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check 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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6,741▼ 66.4%
2024 · €20,037
Working capital
€366,054▲ 8.7%
2024 · €336,652
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€64,635▼ 43.5%€108,140▲ 67.3%€198,904▲ 83.9%€43,539▼ 78.1%€23,212▼ 46.7%
Net result€39,297within the sector's middle half▼ 48.7%€56,467within the sector's middle half▲ 43.7%€134,350above the sector's middle half▲ 138%€20,037within the sector's middle half▼ 85.1%€6,741within the sector's middle half▼ 66.4%
Equity€382,043above the sector's middle half▼ 16.4%€295,653above the sector's middle half▼ 22.6%€430,003above the sector's middle half▲ 45.4%€450,040within the sector's middle half▲ 4.7%€456,781within the sector's middle half▲ 1.5%
Total assets€471,564within the sector's middle half▼ 28.6%€522,867above the sector's middle half▲ 10.9%€509,139above the sector's middle half▼ 2.6%€511,246within the sector's middle half▲ 0.4%€580,464within the sector's middle half▲ 13.5%
Debt€89,521▼ 55.9%€227,214▲ 154%€79,136▼ 65.2%€61,206▼ 22.7%€123,683▲ 102%
Working capital€185,684above the sector's middle half▼ 16.6%€133,647within the sector's middle half▼ 28.0%€292,456above the sector's middle half▲ 119%€336,652within the sector's middle half▲ 15.1%€366,054above the sector's middle half▲ 8.7%
Solvency81.0%above the sector's middle half▲ 11.8pp56.5%within the sector's middle half▼ 24.5pp84.5%above the sector's middle half▲ 27.9pp88.0%above the sector's middle half▲ 3.6pp78.7%within the sector's middle half▼ 9.3pp
Current ratio3.07within the sector's middle half▲ 0.981.59within the sector's middle half▼ 1.494.70above the sector's middle half▲ 3.116.50above the sector's middle half▲ 1.803.96within the sector's middle half▼ 2.54
Return on assets (ROA)8.3%within the sector's middle half▼ 3.3pp10.8%within the sector's middle half▲ 2.5pp26.4%within the sector's middle half▲ 15.6pp3.9%within the sector's middle half▼ 22.5pp1.2%within the sector's middle half▼ 2.8pp
Staff (FTE)5.9▲ 7.3%6▲ 1.7%7.2▲ 20.0%7.5within the sector's middle half▲ 4.2%7.1above the sector's middle half▼ 5.3%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result -85% on 2023. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 47% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €580,464
Fixed assets
€90,733 ▼ 20.0%
Current assets
€489,731 ▲ 23.1%
Equity and liabilities €580,464
Equity
€456,781 ▲ 1.5%
Debt
€123,683 ▲ 102%
Debt's share of the balance-sheet total rises from 12.0% to 21.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54,437▼
2024 · €72,867
Cash flow
€37,966▼
2024 · €49,365
Debt to equity
0.27▲
2024 · 0.14
ROE
1.5%▼
2024 · 4.5%
Interest coverage
16.29▼
2024 · 24.89
Debt ≤ 1 year
€123,677▲
2024 · €61,206
Income taxes
€14,627▼
2024 · €20,442
Staff costs
€272,678▼
2024 · €287,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 5,048 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 | €289 | €165 | €1,207 | - | - | - |
| Remuneration, social security and pensions62 | €237,775 | €238,850 | €308,982 | €287,391 | €272,678 | ▼ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,140 | €35,591 | €33,791 | €29,328 | €31,225 | ▲ 6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,419 | - | - |
| Other operating charges640/8 | €17,051 | €22,012 | €27,748 | €32,321 | €29,943 | ▼ 7.4% |
| Non-recurring operating charges66A | €3,253 | - | - | - | - | - |
| Gross operating margin9900 | €360,854 | €404,593 | €569,425 | €394,998 | €357,058 | ▼ 9.6% |
| Operating profit (loss)9901 | €64,635 | €108,140 | €198,904 | €43,539 | €23,212 | ▼ 46.7% |
| Financial income75/76B | €380 | €1 | €23 | - | €1,498 | - |
| Recurring financial income75 | €380 | €1 | €23 | - | €1,498 | - |
| Financial charges65/66B | €9,108 | €3,138 | €5,243 | €3,060 | €3,342 | ▲ 9.2% |
| Recurring financial charges65 | €2,430 | €2,817 | €3,700 | €2,928 | €3,342 | ▲ 14.1% |
| Non-recurring financial charges66B | €6,678 | €321 | €1,543 | €132 | - | - |
| Profit (loss) for the period before taxes9903 | €55,907 | €105,003 | €193,684 | €40,479 | €21,368 | ▼ 47.2% |
| Income taxes67/77 | €16,610 | €48,536 | €59,334 | €20,442 | €14,627 | ▼ 28.4% |
| Profit (loss) for the period9904 | €39,297 | €56,467 | €134,350 | €20,037 | €6,741 | ▼ 66.4% |
| Profit (loss) for the period to be appropriated9905 | €39,297 | €56,467 | €134,350 | €20,037 | €6,741 | ▼ 66.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €471,564 | €522,867 | €509,139 | €511,246 | €580,464 | ▲ 13.5% |
| Fixed assets21/28 | €196,359 | €162,006 | €137,547 | €113,388 | €90,733 | ▼ 20.0% |
| Intangible fixed assets21 | €180,061 | €154,338 | €128,615 | €102,892 | €77,169 | ▼ 25.0% |
| Tangible fixed assets22/27 | €16,298 | €7,668 | €8,662 | €10,226 | €13,294 | ▲ 30.0% |
| Plant, machinery and equipment23 | €2,092 | €444 | €7,899 | €6,483 | €7,779 | ▲ 20.0% |
| Furniture and vehicles24 | €14,206 | €7,224 | €763 | €3,743 | €5,515 | ▲ 47.3% |
| Financial fixed assets28 | - | - | €270 | €270 | €270 | = |
| Current assets29/58 | €275,205 | €360,861 | €371,592 | €397,858 | €489,731 | ▲ 23.1% |
| Amounts receivable within one year40/41 | €123,180 | €119,467 | €121,529 | €259,093 | €308,982 | ▲ 19.3% |
| Trade receivables40 | €99,757 | €114,361 | €115,537 | €90,725 | €112,453 | ▲ 23.9% |
| Other amounts receivable41 | €23,423 | €5,106 | €5,992 | €168,368 | €196,529 | ▲ 16.7% |
| Current investments50/53 | €307 | €307 | €307 | €307 | €307 | = |
| Cash at bank and in hand54/58 | €119,977 | €204,775 | €211,281 | €113,976 | €156,297 | ▲ 37.1% |
| Deferred charges and accrued income490/1 | €31,741 | €36,312 | €38,475 | €24,482 | €24,145 | ▼ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €471,564 | €522,867 | €509,139 | €511,246 | €580,464 | ▲ 13.5% |
| Equity10/15 | €382,043 | €295,653 | €430,003 | €450,040 | €456,781 | ▲ 1.5% |
| Contributions10/11 | €104,548 | €104,548 | €104,548 | €104,548 | €104,548 | = |
| Reserves13 | €277,495 | €191,105 | €325,455 | €345,492 | €352,233 | ▲ 2.0% |
| Distributable reserves133 | €277,495 | €191,105 | €325,455 | €345,492 | €352,233 | ▲ 2.0% |
| Amounts payable17/49 | €89,521 | €227,214 | €79,136 | €61,206 | €123,683 | ▲ 102% |
| Amounts payable within one year42/48 | €89,521 | €227,214 | €79,136 | €61,206 | €123,677 | ▲ 102% |
| Current portion of amounts payable after more than one year42 | €21,487 | €5,133 | €5,240 | €8,572 | - | - |
| Trade debts44 | €2,297 | €33,273 | €30,209 | €19,516 | €79,580 | ▲ 308% |
| Suppliers440/4 | €2,297 | €33,273 | €30,209 | €19,516 | €79,580 | ▲ 308% |
| Taxes, remuneration and social security45 | €14,347 | €79,318 | €33,988 | €33,118 | €25,638 | ▼ 22.6% |
| Taxes450/3 | - | €45,467 | - | €2,171 | €6,685 | ▲ 208% |
| Remuneration and social security454/9 | €14,347 | €33,851 | €33,988 | €30,947 | €18,953 | ▼ 38.8% |
| Other amounts payable47/48 | €51,390 | €109,490 | €9,699 | - | €18,459 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €6 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,297 | €56,467 | €134,350 | €20,037 | €6,741 | ▼ 66.4% |
| + Depreciation and write-downs630 | €38,140 | €35,591 | €33,791 | €29,328 | €31,225 | ▲ 6.5% |
| Operating cash flow (approximation) | €77,437 | €92,058 | €168,141 | €49,365 | €37,966 | ▼ 23.1% |
| Investment in fixed assets (approximation) | - | -€1,238 | -€9,332 | -€5,169 | -€8,570 | ▼ 65.8% |
| Change in cash | - | €84,798 | €6,506 | -€97,305 | €42,321 | ▲ 143% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €134,350 ▲138%
Operating result €198,904, net result €134,350, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.70
Current ratio from 1.59 to 4.70; short-term debt falls from €227,214 to €79,136.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-02
State Gazette act
General meeting · Demerger
Capital decrease · Capital · Tim CARNEWAL
2019
31-12
Financial
Back to profitnet €16,424
Net result €16,424 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €380,490 ▲285%
Equity rises from €98,780 to €380,490.
27-11
State Gazette act
Demerger · Capital
Corporate purpose · Board composition
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
11 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, Welkenraedt · 1 establishment unit since 2017
Ground area
2,813 m²
Building footprint
2,539 m²
Parcel 63032E0272/00R002, Wallonia. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
C&C
since 20172.266.387.380
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63032E0272/00R002 | Wallonia | 2,813 m² | 1 · 2,539 m² | - |
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.
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionReceived in a demerger part of:TRADE AND TRANSPORT CORPORATION
Similar companies · same sector, comparable size
ARTIC
BE 0760.872.948
Namur · Eq €456,783
NOVA FIDES
BE 0885.286.732
Brasschaat · Eq €456,752
VATKA
BE 0896.289.601
Brugge · Eq €456,833
TSL TP CONSULT
BE 0524.712.986
Antwerpen · Eq €456,836
IMMO-KMC
BE 0470.974.689
Etterbeek · Eq €456,842
Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 35,401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
52249Warehousing and support activities for transportation
70200Business and other management consultancy
49410Freight transport by road
52100Warehousing and storage
52210Service activities incidental to land transportation
52250Logistics services
64210Activities of holding companies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676748610
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.