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C-Ground

Active
Public limited companyfounded 200224 yrs activeFrank Van Dyckelaan 15, 9140 Temse, BelgiumKBO/BCE: BE 0477.733.413
Summary

C-Ground has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8.4m) and a net result of €7,102. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 5% of 90 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability44▲+44
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 4.17 in 2024; short-term debt: 60.1% and cash: 4% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 39
Relative position
BE, all sectors
reference
Remediation activities and other waste management service activities (NACE 39)
about 46% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2025
Solvency, return and age of the figures
Solvency
-155.8%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 90 sector peers (2025).
NBB · sector comparison
Position among 90 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
38 d early
2023
16 d early
2022
180 d late
2021
11 d early
2019
72 d early
2018
70 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 13 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 35% 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

C-Ground was incorporated on 12 June 2002.1 The registered office moved to Kapellen in 2003 and to Temse in 2020.23 The name was changed to Ballast Nedam IPM Beheer in 2006 and to C-Ground in 2020.43 Between 2015 and 2020 the capital was increased 2 times, most recently to EUR 4.2 million.56 The board currently has 2 members; C-Energy has served longest, since 2020.7 Total assets fell from EUR 7.5 million in 2018 to EUR 5.4 million in 2025 and headcount from 3 to 1 full-time equivalents.8

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 26-09-2003
  3. 3Belgian State Gazette, 09-12-2020
  4. 4Belgian State Gazette, 08-09-2006
  5. 5Belgian State Gazette, 25-08-2015
  6. 6Belgian State Gazette, 09-11-2020
  7. 7Belgian State Gazette, 22-05-2026
  8. 8National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€373,563▼ 70.2%
2023 · €1.3m
EBIT margin
-395.6%▼ 373.3pp
2023 · -22.4%
Net result
€7,102
2024 · -€1.5m
Working capital
-€367,732
2024 · €2.3m
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
Turnover€1.3m€373,563▼ 70.2%
Operating result€8,890-€541,703▲ 5,993%-€280,487-€1.5m▼ 427%€150,524
Net result€28,325-€550,402▲ 1,843%-€229,566-€1.5m▼ 568%€7,102
EBIT margin-22.4%-395.6%▼ 373.3pp
Equity-€7.2m--€6.7m▲ 7.6%-€6.9m▼ 3.4%-€8.4m▼ 22.2%-€8.4m▲ 0.1%
Total assets€8.7m-€8.3m▼ 4.4%€8.2m▼ 1.2%€5.5m▼ 32.9%€5.4m▼ 1.4%
Debt€274,686-€392,782▲ 43.0%€2.4m▲ 518%€2.3m▼ 6.9%€4.4m▲ 92.6%
Working capital€6.2m-€5.8m▼ 6.5%€4.8m▼ 18.5%€2.3m▼ 51.3%-€367,732
Staff (FTE)21.6▼ 20.0%1▼ 37.5%1=
Why a figure moved sharply
  • 2024 Turnover -70%, Net result -568% on 2023. The previous fiscal year ran 15 months, this one 12.
  • 2022 Net result +1,843% on 2021. The previous fiscal year ran 21 months, this one 12.
Result per fiscal year
Operating resultNet result
-€2.0m-€1.0m€0€1.0mOperating result 2021: €8,890€8,890Net result 2021: €28,325€28,325Operating result 2022: €541,703€541,703Net result 2022: €550,402€550,402Operating result 2023: -€280,487-€280,487Net result 2023: -€229,566-€229,566Operating result 2024: -€1.5m-€1.5mNet result 2024: -€1.5m-€1.5mOperating result 2025: €150,524€150,524Net result 2025: €7,102€7,10220212022202320242025-€2m-€1.5m-€1m-€500,000€0Operating result 2023: -€280,487-€280,000Net result 2023: -€229,566-€230,000Operating result 2024: -€1.5m-€1.5mNet result 2024: -€1.5m-€1.5mOperating result 2025: €150,524€151,000Net result 2025: €7,102€7,100202320242025
The operating result returns to profit in 2025: €150,524 after a loss of €1.5m in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.4m
Fixed assets €2.5m ▲ 3.3%
Current assets €2.9m ▼ 5.3%
Key figures and ratios
2025 value · change against 2024
EBITDA
€446,206▲
2024 · -€1.2m
Cash flow
€302,785▲
2024 · -€1.3m
Solvency
-155.8%▼
2024 · -153.7%
Current ratio
0.89▼
2024 · 4.17
Debt to equity
-0.52▼
2024 · -0.27
ROA
0.1%▲
2024 · -27.9%
Interest coverage
3.01▲
2024 · -10.15
Debt ≤ 1 year
€3.3m▲
2024 · €731,841
Debt > 1 year
€1.1m▼
2024 · €1.5m
Income taxes
€222▼
2024 · €860
Staff costs
€209,840▲
2024 · €203,885
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,447 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet
2.1% went bankrupt
4.8% stopped otherwise
92% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,447 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.5m€5.4m▼
Fixed assets21/28€2.4m€2.5m▲
Intangible fixed assets21€169,333€149,333▼
Tangible fixed assets22/27€2.3m€2.4m▲
Plant, machinery and equipment23€25,187€20,885▼
Leasing and similar rights25€302,943€356,566▲
Other tangible fixed assets26€1.5m€1.3m▼
Assets under construction and advance payments27€442,606€680,849▲
Financial fixed assets28€2,300€2,300=
Current assets29/58€3.0m€2.9m▼
Amounts receivable after more than one year29€987,417€658,278▼
Trade receivables290€987,417€658,278▼
Amounts receivable within one year40/41€1.8m€1.6m▼
Trade receivables40€151,151€890,245▲
Other amounts receivable41€1.6m€759,478▼
Cash at bank and in hand54/58€52,950€215,945▲
Deferred charges and accrued income490/1€244,367€364,653▲
Equity and liabilities
Total equity and liabilities10/49€5.5m€5.4m▼
Equity10/15-€8.4m-€8.4m▲
Contributions10/11€4.2m€4.2m=
Capital10€4.2m€4.2m=
Issued capital100€4.2m€4.2m=
Profit (loss) carried forward14-€12.7m-€12.7m▲
Provisions and deferred taxes16€11.7m€9.5m▼
Provisions for liabilities and charges160/5€11.7m€9.5m▼
Environmental obligations163€10.9m€8.6m▼
Other liabilities and charges164/5€825,000€905,607▲
Amounts payable17/49€2.3m€4.4m▲
Amounts payable after more than one year17€1.5m€1.1m▼
Financial debts170/4€1.5m€1.1m▼
Amounts payable within one year42/48€731,841€3.3m▲
Current portion of amounts payable after more than one year42€474,482€499,794▲
Trade debts44€209,827€836,343▲
Suppliers440/4€209,827€836,343▲
Taxes, remuneration and social security45€47,532€66,975▲
Taxes450/3€430€18,687▲
Remuneration and social security454/9€47,102€48,288▲
Other amounts payable47/48-€1.9m
Accrued charges and deferred income492/3€53,944€21,588▼
Income statement Code20242025
Turnover70€373,563-
Goods, raw materials, services and sundry goods60/61€2.4m-
Remuneration, social security and pensions62€203,885€209,840▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€245,872€295,683▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€993,788-€2.2m▼
Other operating charges640/8€13,198€30,062▲
Non-recurring operating charges66A€0€12,350▲
Gross operating margin9900-€2.0m-€1.5m▲
Operating profit (loss)9901-€1.5m€150,524▲
Financial income75/76B€67,497€5,000▼
Recurring financial income75€67,497€5,000▼
Financial charges65/66B€121,379€148,199▲
Recurring financial charges65€121,379€148,199▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903-€1.5m€7,325▲
Income taxes67/77€860€222▼
Profit (loss) for the period9904-€1.5m€7,102▲
Profit (loss) for the period to be appropriated9905-€1.5m€7,102▲
Appropriation of the result
Profit (loss) to be appropriated9906-€12.7m-€12.7m▲
Profit (loss) brought forward from the previous period14P-€11.1m-€12.7m▼
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70--€1.3m€373,563--
Non-recurring operating income76A-€310,286€0---
Goods, raw materials, services and sundry goods60/61--€2.8m€2.4m--
Remuneration, social security and pensions62€121€58,449€352,741€203,885€209,840▲ 2.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€223,385€187,853€245,934€245,872€295,683▲ 20.3%
Provisions for liabilities and charges: additions (uses and reversals)635/8€131,250€1.3m-€1.8m-€993,788-€2.2m▼ 119%
Other operating charges640/8€15,617€7,335€18,904€13,198€30,062▲ 128%
Non-recurring operating charges66A€157,716€33€549€0€12,350-
Gross operating margin9900€536,979€2.1m-€1.5m-€2.0m-€1.5m▲ 26.3%
Operating profit (loss)9901€8,890€541,703-€280,487-€1.5m€150,524▲ 110%
Financial income75/76B€26,055€20,818€117,663€67,497€5,000▼ 92.6%
Recurring financial income75€26,055€20,818€117,663€67,497€5,000▼ 92.6%
Financial charges65/66B€6,621€11,974€66,743€121,379€148,199▲ 22.1%
Recurring financial charges65€6,621€11,974€66,643€121,379€148,199▲ 22.1%
Non-recurring financial charges66B--€100€0--
Profit (loss) for the period before taxes9903€28,325€550,547-€229,566-€1.5m€7,325▲ 100%
Income taxes67/77-€145€0€860€222▼ 74.1%
Profit (loss) for the period9904€28,325€550,402-€229,566-€1.5m€7,102▲ 100%
Profit (loss) for the period to be appropriated9905€28,325€550,402-€229,566-€1.5m€7,102▲ 100%
Line20212022202320242025Change
Assets
Total assets20/58€8.7m€8.3m€8.2m€5.5m€5.4m▼ 1.4%
Fixed assets21/28€2.2m€2.1m€2.7m€2.4m€2.5m▲ 3.3%
Intangible fixed assets21--€189,333€169,333€149,333▼ 11.8%
Tangible fixed assets22/27€2.2m€2.1m€2.5m€2.3m€2.4m▲ 4.5%
Plant, machinery and equipment23€77,596€166,194€813,861€25,187€20,885▼ 17.1%
Leasing and similar rights25---€302,943€356,566▲ 17.7%
Other tangible fixed assets26€2.1m€1.9m€1.7m€1.5m€1.3m▼ 12.4%
Assets under construction and advance payments27---€442,606€680,849▲ 53.8%
Financial fixed assets28€2,300€2,300€2,300€2,300€2,300=
Current assets29/58€6.5m€6.2m€5.5m€3.0m€2.9m▼ 5.3%
Amounts receivable after more than one year29€2.3m€2.3m€1.3m€987,417€658,278▼ 33.3%
Trade receivables290€2.3m€2.3m€1.3m€987,417€658,278▼ 33.3%
Amounts receivable within one year40/41€3.2m€3.4m€3.8m€1.8m€1.6m▼ 6.5%
Trade receivables40€400,817€605,005€94,277€151,151€890,245▲ 489%
Other amounts receivable41€2.8m€2.8m€3.7m€1.6m€759,478▼ 52.9%
Cash at bank and in hand54/58€566,871€66,849€133,689€52,950€215,945▲ 308%
Deferred charges and accrued income490/1€370,903€379,810€235,773€244,367€364,653▲ 49.2%
Equity and liabilities
Total equity and liabilities10/49€8.7m€8.3m€8.2m€5.5m€5.4m▼ 1.4%
Equity10/15-€7.2m-€6.7m-€6.9m-€8.4m-€8.4m▲ 0.1%
Contributions10/11€4.2m€4.2m€4.2m€4.2m€4.2m=
Capital10€4.2m€4.2m€4.2m€4.2m€4.2m=
Issued capital100€4.2m€4.2m€4.2m€4.2m€4.2m=
Profit (loss) carried forward14-€11.5m-€10.9m-€11.1m-€12.7m-€12.7m▲ 0.1%
Provisions and deferred taxes16€15.6m€14.6m€12.7m€11.7m€9.5m▼ 18.6%
Provisions for liabilities and charges160/5€15.6m€14.6m€12.7m€11.7m€9.5m▼ 18.6%
Major repairs and maintenance162€88,066€88,066€0---
Environmental obligations163€12.6m€13.8m€11.9m€10.9m€8.6m▼ 20.8%
Other liabilities and charges164/5€2.9m€656,250€750,000€825,000€905,607▲ 9.8%
Amounts payable17/49€274,686€392,782€2.4m€2.3m€4.4m▲ 92.6%
Amounts payable after more than one year17--€1.6m€1.5m€1.1m▼ 27.1%
Financial debts170/4--€1.6m€1.5m€1.1m▼ 27.1%
Amounts payable within one year42/48€241,847€361,568€737,030€731,841€3.3m▲ 345%
Current portion of amounts payable after more than one year42--€411,424€474,482€499,794▲ 5.3%
Trade debts44€227,481€351,327€287,578€209,827€836,343▲ 299%
Suppliers440/4€227,481€351,327€287,578€209,827€836,343▲ 299%
Taxes, remuneration and social security45€14,365€10,242€38,029€47,532€66,975▲ 40.9%
Taxes450/3€14,365€145€0€430€18,687▲ 4,246%
Remuneration and social security454/9-€10,097€38,029€47,102€48,288▲ 2.5%
Other amounts payable47/48----€1.9m-
Accrued charges and deferred income492/3€32,840€31,213€44,848€53,944€21,588▼ 60.0%
Line20212022202320242025Change
Profit (loss) for the period9904€28,325€550,402-€229,566-€1.5m€7,102▲ 100%
+ Depreciation and write-downs630€223,385€187,853€245,934€245,872€295,683▲ 20.3%
Operating cash flow (approximation)€251,709€738,255€16,368-€1.3m€302,785▲ 124%
Investment in fixed assets (approximation)--€90,286-€850,228€3,418-€377,082▼ 11,133%
Change in cash--€500,022€66,840-€80,739€162,995▲ 302%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
22-05
State Gazette act Reappointments: C-Energy BV (director) and Nova Laga BV (director)
Permanent representatives: Filip Cordeel and Gacoin Laurence · Mandate compensation · Power of attorney9 facts ▸
  • General meeting, 28-04-2026
  • Director reappointment, C-Energy BV (director)
  • Director reappointment, Nova Laga BV (director)
  • Permanent representative, Filip Cordeel
  • Permanent representative, Gacoin Laurence
  • Mandate compensation, C-Energy BV
  • Mandate compensation, Nova Laga BV
  • Power of attorney, Arianne Vervliet
  • Power of attorney, Stijn Rynwalt
2025
31-12
Financial Back to profitnet €7,102
Net result €7,102 after 2 loss-making years.
09-12
State Gazette act Appointment: VGD Bedrijfsrevisoren (statutory auditor)
Permanent representative: Bert Loozen · Mandate compensation4 facts ▸
  • General meeting, 28-10-2025
  • Auditor appointment, VGD Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Bert Loozen
  • Mandate compensation, VGD Bedrijfsrevisoren
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-09
State Gazette act Capital & shares
Approval · Statutes amendment3 facts ▸
  • General meeting, 31-07-2024
  • Approval, 31-07-2024
  • Statutes amendment
15-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 180 days late
08-05
State Gazette act Algemene Vergadering - Boekjaar
Statutes amendment · Power of attorney6 facts ▸
  • General meeting, 04-05-2023
  • Statutes amendment
  • Statutes amendment
  • Power of attorney
  • Power of attorney, Arianne Vervliet
  • Power of attorney, Barbara Boel
06-03
State Gazette act Appointment: Baker Tilly Belgium Bedrijfsrevisoren CVBA (statutory auditor)
Mandate compensation3 facts ▸
  • General meeting, 07-02-2023
  • Auditor appointment, Baker Tilly Belgium Bedrijfsrevisoren CVBA
  • Mandate compensation, Baker Tilly Belgium Bedrijfsrevisoren CVBA
2022
30-09
Financial Highest result since 2018net €550,402 ▲1,843%
Operating result €541,703, net result €550,402, both a record.
19-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
30-09
Financial Back to profitnet €28,325
Net result €28,325 after 2 loss-making years.
2020
09-12
State Gazette act Resignations: Ballast Nedam Milieutechniek (director) and Ballast Nedam Environmental Engineering (director)
Permanent representatives: FIJEN Hermanus Gerhardus Maria, LEFEVRE Sander Ruben and 2 others · Appointments: Nova LaGa (director) and C-Energy (director) · Mandate compensation21 facts ▸
  • General meeting, 03-12-2020
  • Director resignation, Ballast Nedam Milieutechniek (director)
  • Director resignation, Ballast Nedam Environmental Engineering (director)
  • Permanent representative, FIJEN Hermanus Gerhardus Maria
  • Permanent representative, LEFEVRE Sander Ruben
  • Director appointment, Nova LaGa (director)
  • Director appointment, C-Energy (director)
  • Permanent representative, GACOIN Laurence
  • Permanent representative, CORDEEL Filip
  • Mandate compensation, Nova LaGa
  • Mandate compensation, C-Energy
  • Name change, C-Ground
  • +9 further facts in this act
09-11
State Gazette act Capital & shares · Statutes amendment
Capital increase · Bank account · Capital6 facts ▸
  • General meeting, 02-11-2020
  • Statutes amendment
  • Capital increase, €1.465.000
  • Bank account, ING
  • Capital, €4.215.000
  • Statutes amendment
22-10
State Gazette act Reappointment: Moore Audit BV (statutory auditor)
Permanent representatives: Van Hout Stijn, Lefevre Sander and Fijen Hermanus5 facts ▸
  • General meeting, 30-04-2020
  • Auditor reappointment, Moore Audit BV
  • Permanent representative, Van Hout Stijn
  • Permanent representative, Lefevre Sander
  • Permanent representative, Fijen Hermanus
20-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
23-04
State Gazette act Permanent representative: Sander Ruben Lefevre
3 facts ▸
  • General meeting, 30-12-2019
  • Permanent representative, Sander Ruben Lefevre (permanent representative)
  • Permanent representative, Sander Ruben Lefevre (permanent representative)
2019
31-12
Financial Liquidity doublescurrent ratio 48.81
Current ratio from 19.56 to 48.81; short-term debt falls from €214,248 to €73,081.
09-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 70 days late
2018
14-12
State Gazette act Reappointment: Moore Stephens Audit BV CVBA (statutory auditor)
Permanent representatives: Johan Van Mieghem, Stijn Van Hout and 3 others7 facts ▸
  • General meeting, 18-09-2017
  • Auditor reappointment, Moore Stephens Audit BV CVBA
  • Permanent representative, Johan Van Mieghem
  • Permanent representative, Stijn Van Hout
  • Permanent representative, Hermanus Gerhardus Maria Fijen
  • Permanent representative, Ballast Nedam Specialismen Holding
  • Permanent representative, Sander Ruben Lefevre
09-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 101 days late
2017
30-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 122 days late
08-09
State Gazette act Resignation: Wouterus Elizabeth Robert Huntjens (director)
Appointment: Ballast Nedam Milieutechniek B.V. (director) · Permanent representatives: Hermanns Gerhardus Maria Fijen, Ballast Nedam Specialismen Holding B.V. and 2 others · Mandate compensation11 facts ▸
  • General meeting
  • Director resignation, Wouterus Elizabeth Robert Huntjens (director)
  • Director appointment, Ballast Nedam Milieutechniek B.V. (director)
  • Permanent representative, Hermanns Gerhardus Maria Fijen
  • Mandate compensation, Ballast Nedam Milieutechniek B.V.
  • Board composition, Ballast Nedam Environmental Engineering B.V. (director)
  • Board composition, Ballast Nedam Milieutechniek B.V. (director)
  • Permanent representative, Ballast Nedam Specialismen Holding B.V.
  • Permanent representative, Ballast Nedam N.V.
  • Permanent representative, Sander Ruben Lefevre
  • Permanent representative, Hermanns Gerhardus Maria Fijen
02-02
State Gazette act Permanent representative: Sander Ruben Lefevre
Appointment: Wouterus Elizabeth Robert Huntjens (director) · Resignations: Leendert van Rietschoten (director) and Ballast Nedam Milieutechniek B.V. (director) · Mandate compensation8 facts ▸
  • General meeting
  • Permanent representative, Sander Ruben Lefevre
  • Director appointment, Wouterus Elizabeth Robert Huntjens (director)
  • Mandate compensation, Wouterus Elizabeth Robert Huntjens
  • Director resignation, Leendert van Rietschoten (director)
  • Director resignation, Ballast Nedam Milieutechniek B.V. (director)
  • Board composition, Ballast Nedam Environmental Engineering B.V. (director)
  • Board composition, Wouterus Elizabeth Robert Huntjens (director)
2016
24-11
State Gazette act Permanent representatives: Ballast Nedam Specialismen Holding B.V., Ballast Nedam N.V. and Serkan Altuntop
7 facts ▸
  • General meeting, 30-08-2016
  • Permanent representative, Ballast Nedam Specialismen Holding B.V.
  • Permanent representative, Ballast Nedam N.V.
  • Permanent representative, Serkan Altuntop
  • Board composition, Ballast Nedam Environmental Engineering B.V. (director)
  • Board composition, Ballast Nedam Milieutechniek B.V. (director)
  • Board composition, Leendert van Rietschoten (director)
29-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
06-04
State Gazette act Resignation: Ballast Nedam Infra B.V. (director)
Appointment: Ballast Nedam Environmental Engineering B.V. (director) · Permanent representatives: Ballast Nedam NV, Erik van der Noordaa and Huntjes Wouterus Elizabeth Robert · Mandate compensation11 facts ▸
  • General meeting, 15-02-2016
  • Director resignation, Ballast Nedam Infra B.V. (director)
  • Director appointment, Ballast Nedam Environmental Engineering B.V. (director)
  • Permanent representative, Ballast Nedam NV
  • Permanent representative, Erik van der Noordaa
  • Board composition, Ballast Nedam Environmental Engineering B.V. (director)
  • Board composition, Ballast Nedam Milieutechniek B.V. (director)
  • Permanent representative, Huntjes Wouterus Elizabeth Robert
  • Board composition, van Rietschoten Leendert (director)
  • Mandate compensation, Ballast Nedam Environmental Engineering B.V.
  • Mandate term, na de jaarlijkse algemene vergadering van 2022
2015
21-09
State Gazette act Statutes amendment
2 facts ▸
  • General meeting, 27-08-2015
  • Statutes amendment
25-08
State Gazette act Capital & shares · Resignations & appointments
Capital increase · Capital3 facts ▸
  • General meeting, 04-08-2015
  • Capital increase, €2.388.000
  • Capital, €2.750.000
17-07
State Gazette act Resignations: van der Meer Hans (director) and Ballast Nedam Infra BV (director)
Appointments: Ballast Nedam Infra BV (director) and van Rietschoten Leendert (director) · Permanent representative: van Rietschoten Leendert9 facts ▸
  • General meeting, 29/06/2015
  • Director resignation, van der Meer Hans (director)
  • Director resignation, Ballast Nedam Infra BV (director)
  • Director appointment, Ballast Nedam Infra BV (director)
  • Permanent representative, van Rietschoten Leendert
  • Director appointment, van Rietschoten Leendert (director)
  • Board meeting, 29/06/2015
  • Director resignation, van der Meer Hans (managing director)
  • Director appointment, van Rietschoten Leendert (managing director)
15-07
State Gazette act Miscellaneous
General meeting1 fact ▸
  • General meeting, 11-06-2015
21-01
State Gazette act Reappointment: Moore Stephens Audit BV CVBA (statutory auditor)
Permanent representative: Johan Van Mieghem3 facts ▸
  • General meeting, 02-10-2014
  • Auditor reappointment, Moore Stephens Audit BV CVBA
  • Permanent representative, Johan Van Mieghem
2014
27-05
State Gazette act Resignation: Peter van Zwieten (director)
Appointment: Jorrit Smeets (director) · Permanent representative: Johan Van Mieghem · Director discharge7 facts ▸
  • General meeting, 30-06-2013
  • Director resignation, Peter van Zwieten (director)
  • Director appointment, Jorrit Smeets (director)
  • Board meeting, 01-07-2013
  • Director appointment, Jorrit Smeets (managing director)
  • Permanent representative, Johan Van Mieghem
  • Director discharge, Eric Vandenhouten
27-05
State Gazette act Resignation: Ballast Nedam Infra BV (director)
Appointment: Ballast Nedam Infra BV (director) · Permanent representative: Van Der Meer Hans · Director discharge5 facts ▸
  • General meeting, 28-03-2014
  • Director resignation, Ballast Nedam Infra BV (director)
  • Director discharge, R Malizia (permanent representative)
  • Director appointment, Ballast Nedam Infra BV (director)
  • Permanent representative, Van Der Meer Hans
27-05
State Gazette act Resignation: Smeets Jorrit (director)
Reappointments: Ballast Nedam Milieutechniek BV (director) and Ballast Nedam Infra BV (director) · Permanent representatives: Huntjes Wouterus Elizabeth Robert and van der Meer Hans · Appointment: van der Meer Hans (director)10 facts ▸
  • General meeting, 28-04-2014
  • Director resignation, Smeets Jorrit (director)
  • Director reappointment, Ballast Nedam Milieutechniek BV (director)
  • Permanent representative, Huntjes Wouterus Elizabeth Robert
  • Director reappointment, Ballast Nedam Infra BV (director)
  • Permanent representative, van der Meer Hans
  • Director appointment, van der Meer Hans (director)
  • Board meeting, 28-04-2014
  • Director resignation, Smeets Jorrit (managing director)
  • Director appointment, van der Meer Hans (managing director)
2012
23-08
State Gazette act Reappointment: Walkiers & Co (statutory auditor)
2 facts ▸
  • General meeting, 31-12-2010
  • Auditor reappointment, Walkiers & Co (statutory auditor)
2008
08-09
State Gazette act Appointment: Walkiers & C2 (statutory auditor)
2 facts ▸
  • General meeting, 25-06-2008
  • Auditor appointment, Walkiers & C2 (statutory auditor)
2006
08-09
State Gazette act Capital & shares · Statutes amendment
Name change3 facts ▸
  • General meeting, 25-08-2006
  • Name change, Ballast Nedam IPM Beheer
  • Statutes amendment
09-06
State Gazette act Resignation: Jacobus Waltherus Marie Haagen (bestuurder van groep a)
Appointment: Peter van Zwieten (bestuurder van groep a) · Reappointment: Hendrik Geert van Uitert (bestuurder van groep b) · Director discharge17 facts ▸
  • General meeting, 17-05-2006
  • Director resignation, Jacobus Waltherus Marie Haagen (bestuurder van groep a)
  • Director discharge, Jacobus Waltherus Marie Haagen (bestuurder van groep a)
  • Director appointment, Peter van Zwieten (bestuurder van groep a)
  • Director resignation, Jacobus Waltherus Marie Haagen (gedelegeerd bestuurder van groep a)
  • Director discharge, Jacobus Waltherus Marie Haagen (gedelegeerd bestuurder van groep a)
  • Director appointment, Peter van Zwieten (gedelegeerd bestuurder van groep a)
  • Director reappointment, Hendrik Geert van Uitert (bestuurder van groep b)
  • Name change, BALLAST NEDAM CONCESSIES
  • Purpose change, Alle activiteiten in de meest brede zin van het woord, die rechtstreeks of onrechtstreeks verband houden met het ontwikkelen, commercialiseren, bouwen en onderh…
  • Registered-office move, Sint-Job in't Goor, Beukentei 26
  • Capital, €62.000
  • +5 further facts in this act
2005
14-01
State Gazette act Resignation: Jan Baptist Hugo Vandenborre (director)
Appointment: Jacobus Waltherus Marie Haagen (director) · Reappointment: Hendrik Geurt van Uitert (director) · Statutes amendment15 facts ▸
  • General meeting, 21-12-2004
  • Statutes amendment
  • Director resignation, Jan Baptist Hugo Vandenborre (director)
  • Director appointment, Jacobus Waltherus Marie Haagen (director)
  • Director resignation, Jan Baptist Hugo Vandenborre (managing director)
  • Director appointment, Jacobus Waltherus Marie Haagen (managing director)
  • Director reappointment, Hendrik Geurt van Uitert (director)
  • Director reappointment, Hendrik Geurt van Uitert (managing director)
  • Name change, ARTIFIC
  • Purpose change, Alle activiteiten in de meest brede zin van het woord, die rechtstreeks of onrechtstreeks verband houden met het ontwikkelen, commercialiseren, bouwen en onderh…
  • Capital, €62.000
  • Statutes amendment
  • +3 further facts in this act
2003
26-09
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 14-08-2003
  • Registered-office move, KRYNLAAN 14 TE 2950 KAPELLEN
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
28 of 28 acts read

Directors · office · real estate

Directors
2 directors, no change since 2026

Board 2

C-Energy
Director · since 03-12-2020 · Private limited company · perm. rep.: CORDEEL Filip
Current
Nova LaGa
Director · since 03-12-2020 · Private limited company · perm. rep.: GACOIN Laurence
Current
6 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Hendrik Geert van Uitert
Bestuurder van groep b · since 17-05-2006
Not recently confirmed
Ballast Nedam Milieutechniek BV
Director · since 25-03-2014 · Legal entity · perm. rep.: Huntjes Wouterus Elizabeth Robert
Not recently confirmed
Ballast Nedam Infra BV
Director · since 29-06-2015 · Legal entity · perm. rep.: Van Der Meer Hans
Not recently confirmed
Ballast Nedam Environmental Engineering B.V.
Director · since 15-02-2016 · Legal entity
Not recently confirmed
Ballast Nedam Milieutechniek B.V.
Director · since 30-08-2017 · Legal entity · perm. rep.: Hermanns Gerhardus Maria Fijen
Not recently confirmed
Not recently confirmed

Day-to-day management 1

Hendrik Geurt van Uitert
Managing director
Not recently confirmed

Permanent representatives 2

CORDEEL Filip
Permanent representative · since 03-12-2020 · for C-Energy
Current
GACOIN Laurence
Permanent representative · since 03-12-2020 · for Nova LaGa
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Huntjes Wouterus Elizabeth Robert
Permanent representative · since 25-03-2014 · for Ballast Nedam Milieutechniek BV
Not recently confirmed
Van Der Meer Hans
Permanent representative · since 29-06-2015 · for Ballast Nedam Infra BV
Not recently confirmed
Hermanns Gerhardus Maria Fijen
Permanent representative · since 30-08-2017 · for Ballast Nedam Milieutechniek B.V.
Not recently confirmed

Statutory auditor 1

VGD Bedrijfsrevisoren
Statutory auditor · since 28-10-2025 · perm. rep.: Bert Loozen
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Temse · 3 establishment units since 2002
seat establishment approximate All 3 establishment units on the map
Ground area
6.1 ha
Building footprint
2,811 m²
Volume, LiDAR
371 m³
3 parcels, Flanders, Wallonia · tallest building 4.6 m. Linked by address, not a title deed.
30 companies at this address See who is registered here
3 establishment units
C-Ground
Frank Van Dyckelaan 15, 9140 TemseNACE 5114005
since 20022.096.277.391
C-Ground
Kruisbosstraat 21, 3690 ZutendaalRemediation activities and other waste management service activities
since 20212.375.750.625
C-Ground
Rue du Bois-Gilot 2, 5336 AssesseRemediation activities and other waste management service activities
since 20232.352.679.966
3 parcels
Flanders 2 (66.7%) Wallonia 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
46025B1190/00E026 Flanders 5.3 ha 1 · 2,811 m² 4.5 m
92028B0010/00R000 Wallonia 5,453 m² - -
71582D1039/00Z010 Flanders 2,551 m² - -
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

24 people since 2004, 9 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
C-Energy
  • Director, from 03-12-2020 to date
Nova LaGa
  • Director, from 03-12-2020 to date
VGD Bedrijfsrevisoren
  • Statutory auditor, from 28-10-2025 to date
Hendrik Geurt van Uitert
  • Director, already before 14-01-2005 not ended, last confirmed 14-01-2005
  • Managing director, already before 14-01-2005 not ended, last confirmed 14-01-2005
Hendrik Geert van Uitert
  • Bestuurder van groep b, already before 17-05-2006 not ended, last confirmed 09-06-2006
Ballast Nedam Infra BV
  • Director, already before 16-03-2013 not ended, last confirmed 17-07-2015
Ballast Nedam Milieutechniek BV
  • Director, already before 25-03-2014 not ended, last confirmed 27-05-2014
Ballast Nedam Environmental Engineering B.V.
  • Director, from 15-02-2016 not ended, last confirmed 06-04-2016
Ballast Nedam Milieutechniek B.V.
  • Director, until 15-12-2016
  • Director, from 30-08-2017 not ended, last confirmed 08-09-2017
Baker Tilly Belgium Bedrijfsrevisoren CVBA
  • Auditor, from 07-02-2023 to 28-10-2025
Moore Audit
  • Auditor, from 18-09-2017 to 07-02-2023
Ballast Nedam Environmental Engineering
  • Director, until 12-11-2020
Ballast Nedam Milieutechniek
  • Director, until 12-11-2020
Moore Stephens Audit BV CVBA
  • Auditor, from 02-10-2014 to 18-09-2017
Wouterus Elizabeth Robert Huntjens
  • Director, from 15-12-2016 to 30-08-2017
Leendert van Rietschoten
  • Director, from 29-06-2015 to 15-12-2016
  • Managing director, from 29-06-2015 ended, last mentioned 17-07-2015
Ballast Nedam Infra B.V.
  • Director, until 15-02-2016
van der Meer Hans
  • Director, from 01-04-2014 to 29-06-2015
  • Managing director, from 01-04-2014 to 29-06-2015
Walkiers & Co.
  • Statutory auditor, from 31-12-2010 to 02-10-2014
Smeets Jorrit
  • Director, from 01-07-2013 to 01-04-2014
  • Managing director, from 01-07-2013 to 01-04-2014
van Zwieten Peter
  • Bestuurder van groep a, from 17-05-2006 to 01-07-2013
  • Gedelegeerd bestuurder van groep a, from 17-05-2006 ended, last mentioned 09-06-2006
Walkiers & C2
  • Statutory auditor, from 25-06-2008 to 31-12-2010
Jacobus Waltherus Marie Haagen
  • Director, from 21-12-2004 to 17-05-2006
  • Managing director, from 21-12-2004 to 17-05-2006
Jan Baptist Hugo Vandenborre
  • Director, until 21-12-2004
  • Managing director, until 21-12-2004
See the board, name and seat on a given date →

Articles of association

Purpose
Alle activiteiten in de meest brede zin van het woord, die rechtstreeks of onrechtstreeks verband houden met het ontwikkelen, commercialiseren, bouwen en onderhouden en exploiteren…
Full purpose

Alle activiteiten in de meest brede zin van het woord, die rechtstreeks of onrechtstreeks verband houden met het ontwikkelen, commercialiseren, bouwen en onderhouden en exploiteren van commercieel onroerend goed... [full text in act]

Structure & network

Part of the group C2F1 46 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. C2F1 100%
  2. FINO 100%
  3. C-Ground

Highest known parent: C2F1. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

3 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Immo Cordeel-Aertssen
Shared corporate director
→
NIEUW TEMSE
Shared corporate director
→

Capital and shareholders

Shareholders according to the acts
After the capital increase act of 09-11-2020 ↗
  • BALLAST NEDAM MILIEUTECHNIEK 732,500 EUR

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 09-12-2020 Capital stated in the act · 4,215,000 EUR · 62 shares
  2. 09-11-2020 Capital increase of 1,465,000 EUR · to 4,215,000 EUR · in cash
  3. 25-08-2015 Capital increase of 2,388,000 EUR · to 2,750,000 EUR · in cash
  4. 09-06-2006 Capital stated in 2 acts · 62,000 EUR · 62 shares

Similar companies · same sector, comparable size

Of 253 companies in sector 39000 we hold annual accounts for 133. 37 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded12-06-2002
Fiscal year end31-12
Activities, NACEBEL 2025
39000Remediation activities and other waste management service activities
71121Engineering and related technical consultancy, excluding land surveyors
46649Wholesale of other machinery and equipment
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0477733413

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.