C:SOLUTIO
ActiveSummary
C:SOLUTIO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €366,686 and a net result of €359,642. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 7.42 against 6.59 in 2023; short-term debt: 9.8% and cash: 48.1% of total assets), and 9.8% of the assets are financed with debt.
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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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.2%
Return on assets
88.4%
Age of the figures
21 mo
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 19-06-2026, 42 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
42 d early
2024
31 d early
2023
33 d early
2022
4 d early
2021
30 d early
2020
31 d early
2019
3 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 25 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 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€366,686▼ 2.7%
2023 · €377,044
Total assets
€406,702▼ 8.3%
2023 · €443,754
Net result
€359,642▼ 1.5%
2023 · €365,099
Working capital
€257,088▼ 31.0%
2023 · €372,609
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
Line20202021202220232024
Operating result€430,973▲ 520%€434,799▲ 0.9%€445,011▲ 2.3%€489,675▲ 10.0%€474,774▼ 3.0%
Net result€326,922above the sector's middle half▲ 494%€328,141above the sector's middle half▲ 0.4%€336,801above the sector's middle half▲ 2.6%€365,099above the sector's middle half▲ 8.4%€359,642above the sector's middle half▼ 1.5%
Equity€387,003within the sector's middle half▲ 544%€715,144within the sector's middle half▲ 84.8%€11,945below the sector's middle half▼ 98.3%€377,044within the sector's middle half▲ 3,057%€366,686within the sector's middle half▼ 2.7%
Total assets€553,500within the sector's middle half▲ 507%€858,797within the sector's middle half▲ 55.2%€392,302within the sector's middle half▼ 54.3%€443,754within the sector's middle half▲ 13.1%€406,702within the sector's middle half▼ 8.3%
Debt€166,497▲ 435%€143,653▼ 13.7%€380,358▲ 165%€66,710▼ 82.5%€40,016▼ 40.0%
Working capital€385,493above the sector's middle half▲ 553%€714,175above the sector's middle half▲ 85.3%€6,547within the sector's middle half▼ 99.1%€372,609within the sector's middle half▲ 5,591%€257,088within the sector's middle half▼ 31.0%
Solvency69.9%within the sector's middle half▲ 4.1pp83.3%above the sector's middle half▲ 13.4pp3.0%below the sector's middle half▼ 80.2pp85.0%above the sector's middle half▲ 81.9pp90.2%above the sector's middle half▲ 5.2pp
Current ratio3.32within the sector's middle half▲ 0.425.97above the sector's middle half▲ 2.661.02within the sector's middle half▼ 4.956.59above the sector's middle half▲ 5.577.42above the sector's middle half▲ 0.84
Return on assets (ROA)59.1%above the sector's middle half▼ 1.3pp38.2%above the sector's middle half▼ 20.9pp85.9%above the sector's middle half▲ 47.6pp82.3%above the sector's middle half▼ 3.6pp88.4%above the sector's middle half▲ 6.2pp
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.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €406,702
Fixed assets
€109,597 ▲ 2,371%
Current assets
€297,104 ▼ 32.4%
Equity and liabilities €406,702
Equity
€366,686 ▼ 2.7%
Debt
€40,016 ▼ 40.0%
Debt's share of the balance-sheet total falls from 15.0% to 9.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€495,599▲
2023 · €490,637
Cash flow
€380,466▲
2023 · €366,062
Debt to equity
0.11▼
2023 · 0.18
ROE
98.1%▲
2023 · 96.8%
Interest coverage
6742.84▲
2023 · 2630.76
Debt ≤ 1 year
€40,016▼
2023 · €66,710
Income taxes
€115,059▼
2023 · €124,389
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 26,970 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,117 | €541 | €919 | €962 | €20,825 | ▲ 2,065% |
| Other operating charges640/8 | - | €169 | €463 | €1,336 | €135 | ▼ 89.9% |
| Gross operating margin9900 | €432,252 | €435,510 | €446,392 | €491,973 | €495,734 | ▲ 0.8% |
| Operating profit (loss)9901 | €430,973 | €434,799 | €445,011 | €489,675 | €474,774 | ▼ 3.0% |
| Financial income75/76B | - | €0 | €0 | - | - | - |
| Recurring financial income75 | - | €0 | €0 | - | - | - |
| Financial charges65/66B | - | €618 | €319 | €187 | €74 | ▼ 60.6% |
| Recurring financial charges65 | €51 | €618 | €319 | €187 | €74 | ▼ 60.6% |
| Profit (loss) for the period before taxes9903 | €430,922 | €434,182 | €444,692 | €489,488 | €474,701 | ▼ 3.0% |
| Income taxes67/77 | €104,000 | €106,041 | €107,891 | €124,389 | €115,059 | ▼ 7.5% |
| Profit (loss) for the period9904 | €326,922 | €328,141 | €336,801 | €365,099 | €359,642 | ▼ 1.5% |
| Profit (loss) for the period to be appropriated9905 | €326,922 | €328,141 | €336,801 | €365,099 | €359,642 | ▼ 1.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €553,500 | €858,797 | €392,302 | €443,754 | €406,702 | ▼ 8.3% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €1,510 | €969 | €5,397 | €4,435 | €109,597 | ▲ 2,371% |
| Tangible fixed assets22/27 | €1,510 | €969 | €5,397 | €4,435 | €109,597 | ▲ 2,371% |
| Land and buildings22 | - | - | €1,835 | €1,639 | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €511 | - |
| Furniture and vehicles24 | - | €969 | €3,562 | €2,796 | €107,644 | ▲ 3,750% |
| Other tangible fixed assets26 | - | - | - | - | €1,443 | - |
| Current assets29/58 | €551,990 | €857,829 | €386,905 | €439,319 | €297,104 | ▼ 32.4% |
| Amounts receivable within one year40/41 | €35,635 | €39,010 | €83,515 | €96,358 | €101,321 | ▲ 5.2% |
| Trade receivables40 | - | €39,010 | €83,515 | €94,713 | €95,291 | ▲ 0.6% |
| Other amounts receivable41 | - | - | - | €1,645 | €6,029 | ▲ 267% |
| Cash at bank and in hand54/58 | €516,355 | €818,819 | €303,390 | €342,961 | €195,784 | ▼ 42.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €553,500 | €858,797 | €392,302 | €443,754 | €406,702 | ▼ 8.3% |
| Equity10/15 | €387,003 | €715,144 | €11,945 | €377,044 | €366,686 | ▼ 2.7% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €382,000 | €710,000 | €6,000 | €372,000 | €361,000 | ▼ 3.0% |
| Distributable reserves133 | - | €710,000 | €6,000 | €372,000 | €361,000 | ▼ 3.0% |
| Profit (loss) carried forward14 | €3 | €144 | €945 | €44 | €686 | ▲ 1,457% |
| Amounts payable17/49 | €166,497 | €143,653 | €380,358 | €66,710 | €40,016 | ▼ 40.0% |
| Amounts payable within one year42/48 | €166,497 | €143,653 | €380,358 | €66,710 | €40,016 | ▼ 40.0% |
| Trade debts44 | €1,080 | €1,110 | €384 | €403 | €172 | ▼ 57.3% |
| Suppliers440/4 | - | €1,110 | €384 | €403 | €172 | ▼ 57.3% |
| Taxes, remuneration and social security45 | - | €139,326 | €33,217 | €36,755 | €34,417 | ▼ 6.4% |
| Taxes450/3 | - | €139,326 | €33,217 | €36,755 | €34,417 | ▼ 6.4% |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €3,217 | €346,756 | €29,553 | €5,428 | ▼ 81.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €326,922 | €328,141 | €336,801 | €365,099 | €359,642 | ▼ 1.5% |
| + Depreciation and write-downs630 | €1,117 | €541 | €919 | €962 | €20,825 | ▲ 2,065% |
| Operating cash flow (approximation) | €328,039 | €328,682 | €337,719 | €366,062 | €380,466 | ▲ 3.9% |
| Investment in fixed assets (approximation) | - | €0 | -€5,347 | €0 | -€125,986 | - |
| Change in cash | - | €302,463 | -€515,429 | €39,571 | -€147,177 | ▼ 472% |
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
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-10
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2019net €365,099 ▲8.4%
Operating result €489,675, net result €365,099, both a record.
31-12
Financial
Liquidity times 6current ratio 6.59
Current ratio from 1.02 to 6.59; short-term debt falls from €380,358 to €66,710.
31-12
Financial
Equity above €200,000Eq €377,044 ▲3,057%
5 profitable years in a row build equity to €377,044.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500,000Eq €715,144 ▲84.8%
3 profitable years in a row build equity to €715,144.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200,000Eq €387,003 ▲544%
2 profitable years in a row build equity to €387,003.
Show earlier events
07-12
State Gazette act
General meeting · Capital decrease
Capital · Corporate purpose · Tim CARNEWAL
07-12
State Gazette act
General meeting · Capital decrease
Capital · Corporate purpose
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
23-03
State Gazette act
Board meeting · Director appointment
Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Keerbergen · 1 establishment unit since 2019
Ground area
634 m²
Building footprint
104 m²
Volume, LiDAR
447 m³
Parcel 24048B0380/00V000, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
C:SOLUTIO
since 20192.294.796.108
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048B0380/00V000 | Flanders | 634 m² | 1 · 103 m² | 5.8 m · 1 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.
Structure & network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
What's Cooking Group
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 36,940 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
Founded16-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736461315
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.