Overdue debts
The annual accounts state €6,257 of overdue tax debts on 31-12-2025.
The annual accounts state €6,257 of overdue tax debts on 31-12-2025.
Short-term debts fell from €11,596 to €6,257.
Latest accounts filed late: after the legal deadline.
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 85, micro). It does better than 68% of them on solvency, 97% on liquidity, 22% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 12,322 companies had the same profile as C COM has now. Each dot stands for 31 companies, two years later.
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of C COM itself: 0.1% within 12 months.
The method was tested on the 497,447 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.
| 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 12,322 companies, not a prediction for C COM. 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.
Liquidity is ample, with a current ratio of 36.95 (19.73 in 2024), above the usual 1.5. Short-term debt is 2.5% and cash 41.8% of total assets. 32.8% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| C COM Liège | €255,205 | €67,897 | 67.2% | - |
| MC AIRWINES Berlare | €253,785 | €71,064 | 27.1% | - |
| ELANDIA Braine-l'Alleud | €208,833 | €61,212 | 67.8% | - |
| RDS CONSULTING Liège | €279,724 | €40,999 | 55.4% | - |
| care4more Tremelo | €239,395 | €48,091 | 80.8% | - |
| Erudis Consulting Waterloo | €207,562 | €46,622 | 93.4% | - |
| MERLUNO Kontich | €374,896 | €59,209 | 17.0% | 0 |
These companies have the same main activity as C COM: vocational training (NACE 85592). They are comparable in size and age: total assets between €208,000 and €375,000, founded between 2003 and 2007.
C COM files the micro format. That format states no turnover. The gross margin rose from -€11,999 in 2014 to €67,897 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 70% of 2,612 companies in 2025.
Higher than 95% of 2,481 companies in 2025.
Higher than 28% of 2,510 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
255,205 | 254,435 | 229,417 | 218,885 | 221,340 | 190,237 | 158,275 | 103,614 | 95,054 | |
21/28 |
24,000 | 25,698 | 28,162 | 36,755 | 38,367 | 61,131 | 62,879 | - | - | |
21 |
- | 1,698 | 3,888 | - | 1,131 | 1,131 | 2,262 | - | - | |
22/27 |
- | 0 | 274 | 755 | 1,236 | - | 617 | - | - | |
23 |
- | 0 | 274 | - | - | - | - | - | - | |
24 |
- | - | - | 755 | - | - | 617 | - | - | |
26 |
- | - | - | - | 1,236 | - | - | - | - | |
28 |
24,000 | 24,000 | 24,000 | 36,000 | 36,000 | 60,000 | 60,000 | - | - | |
29/58 |
231,205 | 228,737 | 201,255 | 182,130 | 182,973 | 129,106 | 95,396 | 103,614 | 95,054 | |
29 |
91,964 | 76,494 | 90,648 | 72,531 | 105,756 | 51,889 | 47,340 | 31,846 | 34,845 | |
291 |
91,964 | 76,494 | 90,648 | 72,531 | 105,756 | 51,889 | 47,340 | 31,846 | 34,845 | |
40/41 |
32,551 | 33,818 | 23,437 | 12,856 | 10,171 | 10,171 | 4,434 | 21,390 | 10,641 | |
40 |
- | 33,818 | - | - | - | - | - | 21,390 | 10,641 | |
41 |
32,551 | - | 23,437 | 12,856 | 10,171 | 10,171 | 4,434 | - | - | |
54/58 |
106,690 | 118,425 | 87,170 | 96,743 | 67,046 | 67,046 | 43,622 | 50,378 | 49,568 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
255,205 | 254,435 | 229,417 | 218,885 | 221,340 | 190,237 | 158,275 | 103,614 | 95,054 | |
10/15 |
171,447 | 172,752 | 153,782 | 150,512 | 136,096 | 94,733 | 76,593 | 58,467 | 56,513 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
83,860 | 83,860 | 65,860 | 65,860 | 51,860 | 16,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
83,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
83,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
133 |
- | 82,000 | 64,000 | 64,000 | 50,000 | 15,000 | - | - | - | |
14 |
81,387 | 82,692 | 81,722 | 78,452 | 78,036 | 71,673 | 68,533 | 50,407 | 48,453 | |
16 |
77,501 | 70,087 | 65,537 | 60,988 | 56,438 | 51,889 | 47,340 | 28,845 | 28,845 | |
160/5 |
77,501 | 70,087 | 65,537 | 60,988 | 56,438 | 51,889 | 47,340 | 28,845 | 28,845 | |
160 |
77,501 | 70,087 | 65,537 | 60,988 | 56,438 | 51,889 | 47,340 | - | - | |
17/49 |
6,257 | 11,596 | 10,098 | 7,385 | 28,805 | 43,615 | 34,342 | 16,302 | 9,696 | |
42/48 |
6,257 | 11,596 | 10,098 | 7,385 | 28,805 | 43,615 | 34,342 | 16,302 | 9,696 | |
45 |
6,257 | 11,596 | 7,226 | 4,039 | 19,772 | 7,487 | 789 | 11,555 | 3,983 | |
450/3 |
6,257 | 9,731 | 7,226 | 4,039 | 19,772 | 7,487 | 789 | 11,555 | 3,983 | |
454/9 |
- | 1,865 | - | - | - | - | - | - | - | |
47/48 |
- | - | 2,872 | 3,346 | 9,033 | 36,128 | 33,553 | 4,747 | 5,713 | |
| Income statement | ||||||||||
70 |
86,793 | 102,347 | 74,724 | 87,263 | 90,674 | - | - | - | - | |
76A |
- | - | 12,090 | - | - | - | - | - | 0 | |
9900 |
67,897 | 85,556 | 61,765 | 63,656 | 67,914 | 23,190 | -2,129 | 2,204 | -11,999 | |
60/61 |
19,634 | 16,791 | - | - | - | - | - | - | - | |
62 |
67,494 | 56,963 | 57,274 | 43,104 | 41,053 | - | - | - | 0 | |
630 |
1,698 | 2,464 | 973 | 481 | 1,338 | 1,748 | 2,879 | - | 0 | |
631/4 |
- | - | - | - | - | - | - | - | 0 | |
635/8 |
- | - | - | - | - | - | - | 0 | 8,846 | |
640/8 |
- | - | - | - | - | - | - | 220 | 220 | |
649 |
- | - | - | - | - | - | - | - | 0 | |
66A |
- | - | - | - | - | - | - | - | 0 | |
9901 |
-1,295 | 26,129 | 3,518 | 20,070 | 25,522 | 21,442 | -5,008 | 1,984 | -21,065 | |
75/76B |
- | 214 | 596 | - | 31,478 | - | 25 | 70 | 214 | |
75 |
- | 214 | 596 | - | - | - | 25 | 70 | 214 | |
76B |
- | - | - | - | 31,478 | - | - | - | - | |
65/66B |
- | 131 | 176 | 106 | 127 | 104 | 78 | 100 | 89 | |
65 |
- | 131 | 176 | 106 | 127 | 104 | 78 | 100 | 89 | |
9903 |
-1,295 | 26,212 | 3,938 | 19,964 | 56,874 | 21,338 | -5,061 | 1,954 | -20,940 | |
67/77 |
- | 7,242 | 668 | 5,548 | 11,375 | 3,198 | - | - | 0 | |
9904 |
-1,295 | 18,970 | 3,270 | 14,416 | 45,499 | 18,140 | -5,061 | 1,954 | -20,940 | |
789 |
- | - | - | - | - | - | - | - | 0 | |
689 |
- | 18,000 | - | - | - | - | - | - | 0 | |
9905 |
-1,295 | 970 | 3,270 | 14,416 | 45,499 | 18,140 | -5,061 | 1,954 | -20,940 | |
| Appropriation of the result | ||||||||||
9906 |
81,387 | 82,692 | 81,722 | 92,452 | 113,036 | 86,673 | 68,533 | 50,407 | 48,453 | |
14P |
82,682 | 81,722 | 78,452 | 78,036 | 67,537 | - | - | - | - | |
691/2 |
- | - | - | 14,000 | 35,000 | 15,000 | - | - | - | |
6921 |
- | - | - | 14,000 | 35,000 | 15,000 | - | - | - | |
| Document | ||||||||||
The accounts for 9 older financial years (2005-2013) were filed as documents without figures as data, scans for example.
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00535350.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00535350 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00417472 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00403181 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00386109 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20363225 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-42700417 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-46900083 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-55100400 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-55200347 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-52300038 | |
| 31-12-2015 | full format | 30-08-2016 | 2016-49600168 | |
| 31-12-2014 | full format | 26-08-2015 | 2015-48600221 | |
| 31-12-2013 | full format | 19-12-2014 | 2014-69200017 | |
| 31-12-2012 | full format | 29-08-2013 | 2013-47600049 | |
| 31-12-2011 | full format | 28-08-2012 | 2012-43300081 | |
| 31-12-2010 | full format | 29-12-2011 | 2011-65200013 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-51400048 | |
| 31-12-2008 | full format | 31-08-2009 | 2009-67800160 | |
| 31-12-2007 | full format | 29-08-2008 | 2008-65700069 | |
| 31-12-2006 | full format | 31-08-2007 | 2007-66900065 | |
| 31-12-2005 | full format | 31-08-2007 | 2007-66900064 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| 403 | 28,593 | 4,491 | 20,551 | 26,861 | 23,190 | -2,129 | - | -21,065 | ||
| 403 | 21,434 | 4,243 | 14,897 | 46,838 | 19,888 | -2,182 | - | -20,940 | ||
| 0 | 0 | 4,380 | -1,131 | 1,443 | 0 | 4,524 | - | - | ||
| -11,735 | 31,255 | -9,573 | 29,697 | 0 | 23,424 | - | 810 | - | ||
| 224,948 | 217,141 | 191,157 | 174,745 | 154,168 | 85,491 | 61,054 | 87,312 | 85,358 | ||
| -1.5% | 25.5% | 4.7% | 23.0% | 28.1% | - | - | - | - | ||
| 67.2% | 67.9% | 67.0% | 68.8% | 61.5% | 49.8% | 48.4% | 56.4% | 59.5% | ||
| 36.95 | 19.73 | 19.93 | 24.66 | 6.35 | 2.96 | 2.78 | 6.36 | 9.80 | ||
| 0.04 | 0.07 | 0.07 | 0.05 | 0.21 | 0.46 | 0.45 | 0.28 | 0.17 | ||
| -0.8% | 11.0% | 2.1% | 9.6% | 33.4% | 19.1% | -6.6% | 3.3% | -37.1% | ||
| -0.5% | 7.5% | 1.4% | 6.6% | 20.6% | 9.5% | -3.2% | 1.9% | -22.0% | ||
| - | over 100 | 25.52 | over 100 | over 100 | - | - | - | - | ||
| 137 days | 121 days | 114 days | 54 days | 41 days | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue tax debts | €6,257 | €9,731 | €7,225 | €4,039 | - |
| Overdue social security (RSZ) debts | - | €1,865 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,443 |
| Intangible fixed assets | - | - | €4,380 | - | - |
| €1,698 | €2,464 | €973 | €481 | €1,338 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €1,295, after a profit of €26,129 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total falls from 4.6% to 2.5%. Equity and debt are lower.
C COM has no parent and no holdings in its annual accounts. COUTELLIER Florence is the only director. C COM shares no director with another company.
| GREGAM
registered office since 12-05-2017 · founded in 2017 |
1 FTE (2025) 0675.685.172 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
C COM was incorporated on 24 December 2004.1 COUTELLIER Florence is director of the company according to the deed of 07-10-2022.2 Turnover went from €90,674 in 2021 to €86,793 in 2025.3
“L'apport de solutions en matière de transformation des organisations et de développement des personnes,grâce à des moyens divers (de la formation au conseil,en passant par la solution digitale,l'assessment et les conférences),appliqués à des domaines tels que la stratégie,les ressources humaines,le management,la communication,le développement personnel et la vente”
| Establishment | Since | Unit number |
|---|---|---|
| Rue Molinvaux 155 registered office 4000 Liège 70200 Business and other management consultancy | 24-12-2004 | 2.144.840.739 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62818G0284/00C003 | 207 m² | 1 · 64 m² | 9.1 m · 3 |
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