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C&N

Active
Private limited companyfounded 20251 yr activeSpoorweglaan 20, 8740 Pittem, BelgiumKBO/BCE: BE 1020.412.284
Summary

C&N has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,061 and a net result of €61. Its solvency ranks better than 41% of 4716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes
Profitability69
Solvency41
Growth-
Track record67
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
21 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

On 25 February 2025, C&N was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,061
Total assets
€19,329
Net result
€61
Working capital
€1,821

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €19,329
Fixed assets €2,326
Current assets €17,003
Equity and liabilities €19,329
Equity €3,061
Debt €16,268
Debt finances 84.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€1,386
Cash flow
€937
Current ratio
1.12
Quick ratio
0.85
Debt to equity
5.31
ROE
2.0%
ROA
0.3%
Interest coverage
8.72
Debt ≤ 1 year
€15,183
Income taxes
€390

Peer companies

Historical observation

Of the 294 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 96% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
2.0% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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 294 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 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€19,329
Fixed assets21/28€2,326
Intangible fixed assets21€1
Tangible fixed assets22/27€2,325
Plant, machinery and equipment23€2,025
Other tangible fixed assets26€300
Current assets29/58€17,003
Stocks and contracts in progress3€4,102
Stocks30/36€4,102
Amounts receivable within one year40/41€29
Trade receivables40€29
Cash at bank and in hand54/58€12,300
Deferred charges and accrued income490/1€572
Equity and liabilities
Total equity and liabilities10/49€19,329
Equity10/15€3,061
Contributions10/11€3,000
Reserves13€61
Distributable reserves133€61
Amounts payable17/49€16,268
Amounts payable within one year42/48€15,183
Trade debts44€1,047
Suppliers440/4€1,047
Taxes, remuneration and social security45€5,855
Taxes450/3€3,855
Remuneration and social security454/9€2,000
Other amounts payable47/48€8,281
Accrued charges and deferred income492/3€1,085
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€875
Other operating charges640/8€654
Gross operating margin9900€2,040
Operating profit (loss)9901€511
Financial income75/76B€100
Recurring financial income75€100
Financial charges65/66B€159
Recurring financial charges65€159
Profit (loss) for the period before taxes9903€452
Income taxes67/77€390
Profit (loss) for the period9904€61
Profit (loss) for the period to be appropriated9905€61
Appropriation of the result
Profit (loss) to be appropriated9906€61
Transfer to equity691/2€61
To other reserves6921€61

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€875
Other operating charges640/8€654
Gross operating margin9900€2,040
Operating profit (loss)9901€511
Financial income75/76B€100
Recurring financial income75€100
Financial charges65/66B€159
Recurring financial charges65€159
Profit (loss) for the period before taxes9903€452
Income taxes67/77€390
Profit (loss) for the period9904€61
Profit (loss) for the period to be appropriated9905€61
Line2025
Assets
Total assets20/58€19,329
Fixed assets21/28€2,326
Intangible fixed assets21€1
Tangible fixed assets22/27€2,325
Plant, machinery and equipment23€2,025
Other tangible fixed assets26€300
Current assets29/58€17,003
Stocks and contracts in progress3€4,102
Stocks30/36€4,102
Amounts receivable within one year40/41€29
Trade receivables40€29
Cash at bank and in hand54/58€12,300
Deferred charges and accrued income490/1€572
Equity and liabilities
Total equity and liabilities10/49€19,329
Equity10/15€3,061
Contributions10/11€3,000
Reserves13€61
Distributable reserves133€61
Amounts payable17/49€16,268
Amounts payable within one year42/48€15,183
Trade debts44€1,047
Suppliers440/4€1,047
Taxes, remuneration and social security45€5,855
Taxes450/3€3,855
Remuneration and social security454/9€2,000
Other amounts payable47/48€8,281
Accrued charges and deferred income492/3€1,085
Line2025
Profit (loss) for the period9904€61
+ Depreciation and write-downs630€875
Operating cash flow (approximation)€937

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

2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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 2025
seat establishment The establishment unit on the map
Ground area
1,029 m²
Building footprint
199 m²
Volume, LiDAR
1,234 m³
Parcel 37011D0197/00A003, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C&N
Spoorweglaan 20, 8740 PittemHairdressing and barber services
since 20252.370.479.565
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37011D0197/00A003 Flanders 1,028 m² 1 · 199 m² 8.5 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.

Similar companies · same sector, comparable size

Of 21,732 companies in sector 96210 we hold annual accounts for 2,835. 1,697 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
Founded25-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020412284
Also 9925:BE1020412284
Registered 27-08-2025

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.