Skip to content

C2 INFRA

Active Private limited companyfounded 2019active for 6 yearsBlijde Inkomstlaan 47, 1560 HoeilaartKBO/BCE: BE 0739.545.816 subsidiary of C2 Project

Lifetime

6 annual accounts with figures on one time axis
peak €36,287 (2025)
€36,287▲ 169%
lowest -€4,624 (2020)
€13,534▲ 731%
peak €50,134 (2025)
€50,134▲ 37.0%
€119,082▲ 194%
Board5 names since 2024
4 directorsAHA Géoconsult and 3 others
Owners
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Gross margin from €13,468 to €36,287Result from €1,629 to €13,534Equity from €36,600 to €50,134Debts from €40,486 to €119,082Investments €29,157Cash from €33,593 to €92,786

Key points

from the 2025 annual accounts

Equity

€50,134 ▲ 37.0%

C2 INFRA has made a profit without a break since 2021.

Debts

€119,082 ▲ 194%
Suppliers
+53,422
Financial debts
+5,986
Other debts
+3,844
The rest
+15,345

Debts rose by €78,597 in 2025.

Investments

€29,157 2.1 × depreciation
202120242025

Green is investment, beige is depreciation.

Checked score

94
Excellent
Financially stronger than 52% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,827 companies (NACE 71, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 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%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

55-17equity 29.6% of total assets
68-13short-term debt 61.1% · cash 54.8%
79+8return on assets 8.0%

Score breakdown

lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1.20, cash €92,786
Size: total assets €169,217
Figures for financial year 2025 (filed on 30-06-2026)
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 71, micro). It does better than 30% of them on solvency, 56% on liquidity, 46% on profitability and 77% on growth.

The bankruptcy probability was computed on 06-11-2026 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).

Comparable companies, two years later

In July 2024, 6,713 companies had the same profile as C2 INFRA has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of C2 INFRA itself is lower: 0.1% within 12 months. It rests on far more data about C2 INFRA than the profile alone.

Test of the method

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.

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 6,713 companies, not a prediction for C2 INFRA. 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.

Credit verdict

Credit of up to €4,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.2 (1.55 in 2024), below the usual 1.5. Short-term debt is 61.1% and cash 54.8% of total assets. 70.4% of the assets are financed with debt and provisions.

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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 1.20, cash €92,786
NBB · annual accounts
lowers risk · Size: total assets €169,217
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
31 days early
2024
28 days early
2023
127 days early
2022
14 days late
2021
30 days early
2020
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 39 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AG
Director, Antoine Hanotier
DF
Director
FC
Director, Fabian Keutgen
IC
Director, Isabelle Pire
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0739545816
4 directors appointed, 2 resignations Resignations: FDE CONSULT BV and FKE CONSULT SRL · Permanent representatives: Frank Decoster, Fabian Keutgen, Isabelle Pire and Antoine Hanotier · Appointments: Frank Decoster, FKE CONSULT SRL, ICJ CONSULT SRL and AHA Géoconsult SRL · General meeting of 28-03-2024 · Gazette deed
Incorporation published on 16-12-2019 · Gazette deed
First establishment Blijde Inkomstlaan 47, Hoeilaart
All 12 events

Comparable companies

same main activity, similar in size and age
Company
C2 INFRA Hoeilaart €169,217 €36,287 29.6% -
SMG Consultants Spa €148,829 €40,167 34.7% -
Uvijn Engineering Aalst €165,861 €42,738 70.0% -
BB-Shop Laakdal €202,342 €32,481 13.0% -
LR PROJECT Soignies €137,330 €34,340 40.0% -
LYF CONSULT Gesves €172,117 €45,545 72.6% -
Akdemir Schelle €210,621 €39,619 54.1% -

These companies have the same main activity as C2 INFRA: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €137,000 and €211,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 12-12-2019Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
Establishment unit
2.312.182.4661560 Hoeilaart, since 12-12-2019
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

≈ €110,000estimated
€169,217▲ 120%
≈ 0.1 FTEestimated
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Companies linked to C2 INFRA

Insights on C2 INFRA

C2 INFRA files the abbreviated format. That format states no turnover. The gross margin rose from -€3,464 in 2020 to €36,287 in 2025.

C2 Project holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about C2 INFRA

What is the company number of C2 INFRA?
The company number of C2 INFRA is 0739.545.816. The VAT number is the same number with BE in front: BE 0739.545.816.
Where is C2 INFRA based?
The registered office is at Blijde Inkomstlaan 47, 1560 Hoeilaart.Company details
What does C2 INFRA do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of C2 INFRA?
C2 INFRA is a private limited company (BV).
When was C2 INFRA founded?
C2 INFRA was founded on 12-12-2019.
Is C2 INFRA still active?
Yes, C2 INFRA is an active enterprise in the KBO register.
What is the turnover of C2 INFRA?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €36,287 and 32 comparable companies (NACE 71121). It probably lies between €72,000 and €150,000.Financials
Is C2 INFRA profitable?
In financial year 2025, C2 INFRA made a profit of €13,534.
Where can I find the annual accounts of C2 INFRA?
C2 INFRA filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of C2 INFRA due?
C2 INFRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.