C-SOLUTIONS
ActiveSummary
C-SOLUTIONS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €40k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 25% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+2
Solvency47▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 2.3 in 2024; short-term debt: 13% and cash: 0% of total assets), and 78.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
21.9%
Return on assets
8.1%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
64 d early
2023
54 d early
2022
48 d early
2021
38 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▲ 53.2%
2024 · €70k
2018: €51k
2019: €53k▲ +5.2% vs 2018
2020: €54k▲ +0.7% vs 2019
2021: €49k▼ -9.0% vs 2020
2022: €48k▼ -2.1% vs 2021lowest in 8 years
2023: €60k▲ +25.2% vs 2022
2024: €70k▲ +16.3% vs 2023
2025: €107k▲ +53.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€488k▲ 39.5%
2024 · €350k
2018: €175klowest in 8 years
2019: €185k▲ +5.5% vs 2018
2020: €293k▲ +58.4% vs 2019
2021: €273k▼ -6.6% vs 2020
2022: €293k▲ +7.2% vs 2021
2023: €293k▲ +0.2% vs 2022
2024: €350k▲ +19.4% vs 2023
2025: €488k▲ +39.5% vs 2024highest in 8 years
2018 → 2025
Net result
€40k▲ 72.2%
2024 · €23k
2018: €13k
2019: €3k▼ -80.2% vs 2018
2020: €6k▲ +141% vs 2019
2021: €5k▼ -19.0% vs 2020
2022: €2k▼ -55.8% vs 2021lowest in 8 years
2023: €21k▲ +825% vs 2022
2024: €23k▲ +9.6% vs 2023
2025: €40k▲ +72.2% vs 2024highest in 8 years
2018 → 2025
Working capital
€31k▼ 58.0%
2024 · €73k
2018: €30k
2019: €12k▼ -60.9% vs 2018
2020: €34k▲ +193% vs 2019
2021: €19k▼ -43.2% vs 2020
2022: €10k▼ -48.9% vs 2021
2023: €3k▼ -74.1% vs 2022lowest in 8 years
2024: €73k▲ +2769% vs 2023highest in 8 years
2025: €31k▼ -58.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€48k▼ 2.1%€60k▲ 25.2%€70k▲ 16.3%€107k▲ 53.2%
2021: €49k
2022: €48k▼ -2.1% vs 2021lowest in 5 years
2023: €60k▲ +25.2% vs 2022
2024: €70k▲ +16.3% vs 2023
2025: €107k▲ +53.2% vs 2024highest in 5 years
Operating result€16k-€12k▼ 21.8%€40k▲ 232%€44k▲ 8.0%€72k▲ 65.2%
2021: €16k
2022: €12k▼ -21.8% vs 2021lowest in 5 years
2023: €40k▲ +232% vs 2022
2024: €44k▲ +8.0% vs 2023
2025: €72k▲ +65.2% vs 2024highest in 5 years
Net result€5k-€2k▼ 55.8%€21k▲ 825%€23k▲ 9.6%€40k▲ 72.2%
2021: €5k
2022: €2k▼ -55.8% vs 2021lowest in 5 years
2023: €21k▲ +825% vs 2022
2024: €23k▲ +9.6% vs 2023
2025: €40k▲ +72.2% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 65% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €488k
Fixed assets
€394k ▲ 78.7%
Current assets
€94k ▼ 27.3%
Equity and liabilities €488k
Equity
€107k ▲ 53.2%
Debt
€381k ▲ 36.1%
Debt's share of the balance-sheet total falls from 80.1% to 78.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▲
2024 · €69k
Cash flow
€49k▲
2024 · €48k
Current ratio
1.48▼
2024 · 2.30
Debt to equity
3.56▼
2024 · 4.01
ROE
37.2%▲
2024 · 33.1%
ROA
8.1%▲
2024 · 6.6%
Interest coverage
10.63▲
2024 · 10.61
Debt ≤ 1 year
€63k▲
2024 · €56k
Debt > 1 year
€318k▲
2024 · €224k
Income taxes
€25k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€350k€488k▲
Fixed assets21/28€221k€394k▲
Tangible fixed assets22/27€221k€394k▲
Land and buildings22€215k€391k▲
Furniture and vehicles24€5k€3k▼
Current assets29/58€130k€94k▼
Amounts receivable within one year40/41€125k€94k▼
Trade receivables40€125k€94k▼
Cash at bank and in hand54/58€5k€156▼
Equity and liabilities
Total equity and liabilities10/49€350k€488k▲
Equity10/15€70k€107k▲
Contributions10/11€14k€14k=
Outside capital11€14k€14k=
Other1109/19€14k€14k=
Reserves13€56k€93k▲
Distributable reserves133€56k€93k▲
Amounts payable17/49€280k€381k▲
Amounts payable after more than one year17€224k€318k▲
Financial debts170/4€224k€318k▲
Amounts payable within one year42/48€56k€63k▲
Current portion of amounts payable after more than one year42€19k€11k▼
Trade debts44€469€5k▲
Suppliers440/4€469€5k▲
Taxes, remuneration and social security45€23k€33k▲
Taxes450/3€23k€33k▲
Other amounts payable47/48€13k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€9k▼
Other operating charges640/8€743€2k▲
Gross operating margin9900€70k€83k▲
Operating profit (loss)9901€44k€72k▲
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€37k€64k▲
Income taxes67/77€14k€25k▲
Profit (loss) for the period9904€23k€40k▲
Profit (loss) for the period to be appropriated9905€23k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€40k▲
Transfer from equity791/2€13k€3k▼
Transfer to equity691/2€23k€40k▲
To other reserves6921€23k€40k▲
Profit to be distributed694/7€13k€3k▼
Return on contributions (dividend)694€13k€3k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €19k | €25k | €25k | €9k | ▼ 64.6% |
| Other operating charges640/8 | - | €3k | €2k | €743 | €2k | ▲ 201% |
| Gross operating margin9900 | €34k | €34k | €67k | €70k | €83k | ▲ 19.6% |
| Operating profit (loss)9901 | €16k | €12k | €40k | €44k | €72k | ▲ 65.2% |
| Financial charges65/66B | - | €7k | €7k | €6k | €8k | ▲ 17.4% |
| Recurring financial charges65 | €7k | €7k | €7k | €6k | €8k | ▲ 17.4% |
| Profit (loss) for the period before taxes9903 | €8k | €5k | €33k | €37k | €64k | ▲ 73.5% |
| Income taxes67/77 | €3k | €3k | €12k | €14k | €25k | ▲ 75.6% |
| Profit (loss) for the period9904 | €5k | €2k | €21k | €23k | €40k | ▲ 72.2% |
| Profit (loss) for the period to be appropriated9905 | €5k | €2k | €21k | €23k | €40k | ▲ 72.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €273k | €293k | €293k | €350k | €488k | ▲ 39.5% |
| Fixed assets21/28 | €225k | €245k | €246k | €221k | €394k | ▲ 78.7% |
| Tangible fixed assets22/27 | €225k | €245k | €246k | €221k | €394k | ▲ 78.7% |
| Land and buildings22 | - | €235k | €238k | €215k | €391k | ▲ 81.6% |
| Plant, machinery and equipment23 | - | €872 | €387 | - | - | - |
| Furniture and vehicles24 | - | €9k | €7k | €5k | €3k | ▼ 40.0% |
| Current assets29/58 | €48k | €47k | €48k | €130k | €94k | ▼ 27.3% |
| Amounts receivable within one year40/41 | €47k | €43k | €41k | €125k | €94k | ▼ 24.6% |
| Trade receivables40 | - | €43k | €37k | €125k | €94k | ▼ 24.6% |
| Other amounts receivable41 | - | - | €5k | - | - | - |
| Cash at bank and in hand54/58 | €2k | €5k | €6k | €5k | €156 | ▼ 96.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €273k | €293k | €293k | €350k | €488k | ▲ 39.5% |
| Equity10/15 | €49k | €48k | €60k | €70k | €107k | ▲ 53.2% |
| Contributions10/11 | - | €12k | €12k | €14k | €14k | = |
| Outside capital11 | - | €12k | €12k | €14k | €14k | = |
| Other1109/19 | - | €12k | €12k | €14k | €14k | = |
| Reserves13 | €37k | €36k | €48k | €56k | €93k | ▲ 66.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €34k | €46k | €56k | €93k | ▲ 66.8% |
| Amounts payable17/49 | €224k | €245k | €233k | €280k | €381k | ▲ 36.1% |
| Amounts payable after more than one year17 | €195k | €207k | €188k | €224k | €318k | ▲ 42.0% |
| Financial debts170/4 | - | €207k | €188k | €224k | €318k | ▲ 42.0% |
| Amounts payable within one year42/48 | €29k | €38k | €45k | €56k | €63k | ▲ 12.5% |
| Current portion of amounts payable after more than one year42 | - | €18k | €19k | €19k | €11k | ▼ 41.1% |
| Trade debts44 | €680 | €617 | €2k | €469 | €5k | ▲ 863% |
| Suppliers440/4 | - | €617 | €2k | €469 | €5k | ▲ 863% |
| Taxes, remuneration and social security45 | - | €10k | €20k | €23k | €33k | ▲ 41.9% |
| Taxes450/3 | - | €10k | €20k | €23k | €33k | ▲ 41.9% |
| Other amounts payable47/48 | - | €10k | €4k | €13k | €14k | ▲ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €2k | €21k | €23k | €40k | ▲ 72.2% |
| + Depreciation and write-downs630 | €17k | €19k | €25k | €25k | €9k | ▼ 64.6% |
| Operating cash flow (approximation) | €22k | €21k | €46k | €48k | €49k | ▲ 0.8% |
| Investment in fixed assets (approximation) | - | €-39k | €-25k | €0 | €-183k | - |
| Change in cash | - | €3k | €2k | €-1k | €-5k | ▼ 256% |
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
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €40k ▲72.2%
Operating result €72k, net result €40k, both a record.
30-09
Financial
Equity above €100kEq €107k ▲53.2%
8 profitable years in a row build equity to €107k.
25-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity doublescurrent ratio 2.30
Current ratio from 1.06 to 2.30.
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €2k ▼55.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Kruisem · 1 establishment unit since 2010
Ground area
2,041 m²
Building footprint
292 m²
Volume, LiDAR
1,579 m³
Parcel 45017B0508/00E004, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C-SOLUTIONS
since 20102.195.836.312
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017B0508/00E004 | Flanders | 2,041 m² | 1 · 292 m² | 10.1 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,711 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
Founded03-01-2011
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail
christophe.bernaert@gmail.comKruisem
Scores and ratios are computed by Checked and are not a credit decision.