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C-Value

Active
Public limited companyfounded 2017active for 9 yearsVeldkant 33 A, 2550 Kontich, BelgiumKBO/BCE: BE 0669.652.960
Summary

C-Value has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €161,450. Equity has been growing by about 35% per year since 2018. Its solvency ranks better than 53% of 1,683 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 17-01-2017 Normal situation
Registered office
183 active companies are registered at this address Source: KBO register, as of 4 November 2026.
Activity
Computer consultancy and computer facilities management NACE 62200and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.261.259.743 2550 Kontich, since 17-01-2017
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • De Cronos GroepManaging director · permanent representative DEROOST Dirk
  • DE WIT JosephusManaging director
  • Diliviri NVDirector · permanent representative Matthias Doornaert
Auditor
KPMG Bedrijfsrevisoren CVBA
Shareholders

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€9.9m
▼ 23.7%
Profit
€161,450
▼ 59.9%
Equity
€1.3m
▲ 14.6%
Total assets
€3.0m
▼ 16.8%
  • 2025 accounts filed 26 days after the deadline
Net result -60%: other schema
Score breakdownraises riskLiquidity: current ratio 1.88, cash €16,838, halvedlowers riskSize: turnover €9.9m, total assets €3.0mSector: Computer programming, consultancy and related activities (NACE 62)Figures for financial year 2025 (filed on 28-08-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 36% of small companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Average
Solvency 67+12
equity 41.8% of total assets
Liquidity 24+4
short-term debt 53.2% · cash 0.6%
Profitability 60-7
return on assets 5.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (1,167 companies, NACE 62, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.5 percentage points 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 01-2026lowest value 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: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.2 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.88 (1.48 in 2024), above the usual 1.5. Short-term debt is 53.2% and cash 0.6% of total assets. However, 58.2% of the assets are financed with debt and provisions.
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 62, small). It does better than 53% of them on solvency, 18% on liquidity, 40% on profitability and 34% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.88, cash €16,838, halved
NBB · annual accounts
lowers risk · Size: turnover €9.9m, total assets €3.0m
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 · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Figures for financial year 2025 (filed on 28-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
26 days late
2024
24 days early
2023
20 days early
2022
3 days late
2021
3 days late
2020
26 days early
2019
22 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 3 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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

Financials

Financials · financial year 2025, full format

2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00438260.

Annual accounts 2025 filed on 26-08-2026 at the NBB all 8 filings

Turnover
€9.9m▼ 23.7%
2024 · €12.9m
EBIT margin
2.0%▼ 2.0pp
2024 · 4.0%
Net result
€161,450▼ 59.9%
2024 · €402,496
Working capital
€1.4m▲ 20.1%
2024 · €1.2m
Multi-year overview
2018 to 2025, 8 financial years
Turnover
€9.9m
▼ 23.7% 2025
20182025
Operating result
€197,505
▼ 62.0% 2025
20182025
Net result
€161,450
▼ 59.9% 2025
middle half of the sector
20182025
EBIT margin
2.0%
▼ 2.0pp 2025
20182025
Equity
€1.3m
▲ 14.6% 2025
middle half of the sector
20182025
Total assets
€3.0m
▼ 16.8% 2025
middle half of the sector
20182025
Debt
€1.8m
▼ 30.4% 2025
20182025
Working capital
€1.4m
▲ 20.1% 2025
highest quarter of the sector
20182025
Solvency
41.8%
▲ 11.4pp 2025
middle half of the sector
20182025
Current ratio
1.88
▲ 0.40 2025
middle half of the sector
20182025
Return on assets (ROA)
5.3%
▼ 5.7pp 2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€7.8m-€6.1m▼ 21.7%€10.2m▲ 68.5%€14.0m▲ 36.5%€14.2m▲ 1.2%€12.9m▼ 8.9%€12.9m▲ 0.3%€9.9m▼ 23.7%
Operating result€0.1m-€0.2m▲ 76.3%€0.3m▲ 67.3%€0.2m▼ 39.3%€0.09m▼ 49.7%€0.2m▲ 156%€0.5m▲ 131%€0.2m▼ 62.0%
Net result€0.05m-€0.1m▲ 128%€0.2mabove the sector's middle half▲ 97.2%€0.1mabove the sector's middle half▼ 37.9%€0.05mwithin the sector's middle half▼ 59.5%€0.1mabove the sector's middle half▲ 154%€0.4mabove the sector's middle half▲ 192%€0.2mwithin the sector's middle half▼ 59.9%
EBIT margin1.3%-2.8%▲ 1.6pp2.8%=1.3%▼ 1.6pp0.6%▼ 0.6pp1.7%▲ 1.1pp4.0%▲ 2.3pp2.0%▼ 2.0pp
Equity€0.1m-€0.2m▲ 99.6%€0.4mwithin the sector's middle half▲ 71.1%€0.5mwithin the sector's middle half▲ 35.7%€0.6mwithin the sector's middle half▲ 10.7%€0.7mabove the sector's middle half▲ 24.5%€1.1mabove the sector's middle half▲ 57.4%€1.3mwithin the sector's middle half▲ 14.6%
Total assets€1.3m-€1.4m▲ 10.3%€3.8mabove the sector's middle half▲ 172%€3.4mabove the sector's middle half▼ 11.7%€3.2mabove the sector's middle half▼ 3.6%€2.9mabove the sector's middle half▼ 10.1%€3.6mabove the sector's middle half▲ 24.6%€3.0mwithin the sector's middle half▼ 16.8%
Debt€1.2m-€1.2m▲ 1.9%€3.4m▲ 190%€2.9m▼ 16.9%€2.7m▼ 6.1%€2.2m▼ 17.4%€2.5m▲ 14.2%€1.8m▼ 30.4%
Working capital€0.1m-€0.2m▲ 101%€0.4mabove the sector's middle half▲ 90.9%€0.5mabove the sector's middle half▲ 20.6%€0.6mabove the sector's middle half▲ 29.7%€0.8mabove the sector's middle half▲ 18.8%€1.2mabove the sector's middle half▲ 53.7%€1.4mabove the sector's middle half▲ 20.1%
Solvency8.6%-15.6%▲ 7.0pp9.8%below the sector's middle half▼ 5.8pp15.1%below the sector's middle half▲ 5.3pp17.4%below the sector's middle half▲ 2.2pp24.0%within the sector's middle half▲ 6.7pp30.4%within the sector's middle half▲ 6.3pp41.8%within the sector's middle half▲ 11.4pp
Current ratio1.09-1.18▲ 0.091.12within the sector's middle half▼ 0.061.17within the sector's middle half▲ 0.051.25within the sector's middle half▲ 0.081.36within the sector's middle half▲ 0.111.48within the sector's middle half▲ 0.121.88within the sector's middle half▲ 0.40
Return on assets (ROA)3.8%-7.8%▲ 4.0pp5.7%within the sector's middle half▼ 2.1pp4.0%within the sector's middle half▼ 1.7pp1.7%within the sector's middle half▼ 2.3pp4.7%within the sector's middle half▲ 3.1pp11.1%within the sector's middle half▲ 6.3pp5.3%within the sector's middle half▼ 5.7pp
Staff (FTE)2-2.3▲ 15.0%2within the sector's middle half▼ 13.0%6.8within the sector's middle half▲ 240%6.1within the sector's middle half▼ 10.3%3.8within the sector's middle half▼ 37.7%1below the sector's middle half▼ 73.7%
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 62% lower than in 2024.

Large changes and their cause
  • 2025 Net result -60% on 2024. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets €989 ▼ 64.7%
Current assets €3.0m ▼ 16.7%
Equity and liabilities €3.0m
Equity €1.3m ▲ 14.6%
Debt €1.8m ▼ 30.4%
Debt's share of the balance-sheet total falls from 69.6% to 58.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€199,316▼
2024 · €525,732
Cash flow
€163,261▼
2024 · €407,891
Debt to equity
1.39▼
2024 · 2.29
ROE
12.8%▼
2024 · 36.4%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€1.6m▼
2024 · €2.5m
Income taxes
€54,645▼
2024 · €123,619
Customer credit
58 days▼
2024 · 59 days
Supplier credit
58 days▼
2024 · 70 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-2024
Employees at the balance-sheet date8511
full-time8511
in full-time equivalents8511
Average over the year, in full-time equivalents6.86.13.81
On a permanent contract8511
Joined600-
Left034-
Training hours62185156-

Source: social balance sheet in the 2021 to 2024 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€27,795€7,625€1,115--
Depreciation and write-downs of the year€3,002€5,797€7,016€5,394€1,811

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.6m€3.0m▼
Fixed assets21/28€0.003m€0.001m▼
Tangible fixed assets22/27€0.003m€0.001m▼
Plant, machinery and equipment23€0.002m€277▼
Other tangible fixed assets26€0.001m€0.001m▼
Current assets29/58€3.6m€3.0m▼
Amounts receivable within one year40/41€3.4m€2.9m▼
Trade receivables40€2.1m€1.6m▼
Other amounts receivable41€1.4m€1.3m▼
Cash at bank and in hand54/58€0.2m€0.02m▼
Deferred charges and accrued income490/1€0.001m€0.1m▲
Equity and liabilities
Total equity and liabilities10/49€3.6m€3.0m▼
Equity10/15€1.1m€1.3m▲
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€1.0m€1.2m▲
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Tax-exempt reserves132€0.05m€0.05m=
Distributable reserves133€1.0m€1.2m▲
Profit (loss) carried forward14€42€92▲
Amounts payable17/49€2.5m€1.8m▼
Amounts payable within one year42/48€2.5m€1.6m▼
Trade debts44€2.4m€1.5m▼
Suppliers440/4€2.4m€1.5m▼
Taxes, remuneration and social security45€0.07m€0.07m▲
Taxes450/3€0.07m€0.07m▲
Other amounts payable47/48€0.005m-
Accrued charges and deferred income492/3€0.08m€0.2m▲
Income statement Code20242025
Turnover70€12.9m€9.9m▼
Goods, raw materials, services and sundry goods60/61€12.4m€9.7m▼
Remuneration, social security and pensions62€0.03m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.005m€0.002m▼
Other operating charges640/8€0.003m€0.001m▼
Gross operating margin9900€0.6m€0.2m▼
Operating profit (loss)9901€0.5m€0.2m▼
Financial income75/76B€0.007m€0.02m▲
Recurring financial income75€0.007m€0.02m▲
Financial charges65/66B€0.002m€0.001m▼
Recurring financial charges65€0.002m€0.001m▼
Profit (loss) for the period before taxes9903€0.5m€0.2m▼
Income taxes67/77€0.1m€0.05m▼
Profit (loss) for the period9904€0.4m€0.2m▼
Transfer to tax-exempt reserves689€0.02m-
Profit (loss) for the period to be appropriated9905€0.4m€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.4m€0.2m▼
Profit (loss) brought forward from the previous period14P€96€42▼
Transfer to equity691/2€0.4m€0.2m▼
To other reserves6921€0.4m€0.2m▼
Social balance sheet
Average headcount (FTE)90871.0-

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.

Line20182019202020212022202320242025Change
Turnover70€7.8m€6.1m€10.2m€14.0m€14.2m€12.9m€12.9m€9.9m▼ 23.7%
Non-recurring operating income76A---€0.004m-----
Goods, raw materials, services and sundry goods60/61---€13.4m€13.7m€12.4m€12.4m€9.7m▼ 21.8%
Remuneration, social security and pensions62---€0.4m€0.4m€0.3m€0.03m--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.002m€0.002m€0.002m€0.003m€0.006m€0.007m€0.005m€0.002m▼ 66.4%
Other operating charges640/8---€0.003m€0.003m€0.003m€0.003m€0.001m▼ 61.3%
Non-recurring operating charges66A---€0.003m-----
Gross operating margin9900€0.4m€0.3m€0.4m€0.6m€0.5m€0.5m€0.6m€0.2m▼ 64.3%
Operating profit (loss)9901€0.1m€0.2m€0.3m€0.2m€0.09m€0.2m€0.5m€0.2m▼ 62.0%
Financial income75/76B---€0.001m€255€0.001m€0.007m€0.02m▲ 172%
Recurring financial income75€0€119€0.002m€0.001m€255€0.001m€0.007m€0.02m▲ 172%
Financial charges65/66B---€0.006m€0.01m€0.006m€0.002m€0.001m▼ 8.1%
Recurring financial charges65€0.02m€0.009m€0.002m€0.006m€0.01m€0.006m€0.002m€0.001m▼ 8.1%
Profit (loss) for the period before taxes9903€0.08m€0.2m€0.3m€0.2m€0.08m€0.2m€0.5m€0.2m▼ 58.9%
Income taxes67/77€0.03m€0.05m€0.07m€0.04m€0.02m€0.08m€0.1m€0.05m▼ 55.8%
Profit (loss) for the period9904€0.05m€0.1m€0.2m€0.1m€0.05m€0.1m€0.4m€0.2m▼ 59.9%
Transfer to tax-exempt reserves689----€0.03m-€0.02m--
Profit (loss) for the period to be appropriated9905€0.05m€0.1m€0.2m€0.1m€0.03m€0.1m€0.4m€0.2m▼ 57.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.3m€1.4m€3.8m€3.4m€3.2m€2.9m€3.6m€3.0m▼ 16.8%
Fixed assets21/28€0.002m€0.003m€0.001m€0.01m€0.01m€0.008m€0.003m€0.001m▼ 64.7%
Tangible fixed assets22/27€0.002m€0.003m€0.001m€0.01m€0.01m€0.008m€0.003m€0.001m▼ 64.7%
Plant, machinery and equipment23---€0.01m€0.01m€0.007m€0.002m€277▼ 83.6%
Other tangible fixed assets26----€0.002m€0.002m€0.001m€0.001m▼ 35.9%
Current assets29/58€1.3m€1.4m€3.8m€3.4m€3.2m€2.9m€3.6m€3.0m▼ 16.7%
Amounts receivable within one year40/41€1.2m€1.4m€3.6m€3.3m€3.1m€2.9m€3.4m€2.9m▼ 16.3%
Trade receivables40---€2.8m€2.4m€2.4m€2.1m€1.6m▼ 24.2%
Other amounts receivable41---€0.5m€0.7m€0.5m€1.4m€1.3m▼ 4.3%
Cash at bank and in hand54/58€0.06m€0.01m€0.2m€0.01m€0.02m€0.01m€0.2m€0.02m▼ 90.9%
Deferred charges and accrued income490/1---€0.02m€0.08m€0.01m€0.001m€0.1m▲ 97×
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.4m€3.8m€3.4m€3.2m€2.9m€3.6m€3.0m▼ 16.8%
Equity10/15€0.1m€0.2m€0.4m€0.5m€0.6m€0.7m€1.1m€1.3m▲ 14.6%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.05m€0.2m€0.3m€0.4m€0.5m€0.6m€1.0m€1.2m▲ 15.5%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0.006m€0.006m€0.006m€0.006m€0.006m=
Tax-exempt reserves132----€0.03m€0.03m€0.05m€0.05m=
Distributable reserves133---€0.4m€0.5m€0.6m€1.0m€1.2m▲ 16.3%
Profit (loss) carried forward14€48€44€23€66€92€96€42€92▲ 119%
Amounts payable17/49€1.2m€1.2m€3.4m€2.9m€2.7m€2.2m€2.5m€1.8m▼ 30.4%
Amounts payable within one year42/48€1.2m€1.2m€3.4m€2.9m€2.6m€2.1m€2.5m€1.6m▼ 34.4%
Trade debts44€1.1m€1.1m€3.2m€2.7m€2.5m€2.1m€2.4m€1.5m▼ 35.4%
Suppliers440/4---€2.7m€2.5m€2.1m€2.4m€1.5m▼ 35.4%
Taxes, remuneration and social security45---€0.1m€0.06m€0.08m€0.07m€0.07m▲ 3.8%
Taxes450/3---€0.08m€0.02m€0.07m€0.07m€0.07m▲ 3.8%
Remuneration and social security454/9---€0.04m€0.04m€0.008m---
Other amounts payable47/48------€0.005m--
Accrued charges and deferred income492/3----€0.1m€0.07m€0.08m€0.2m▲ 97.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€47,948€109,496€215,980€134,143€54,286€137,904€402,496€161,450▼ 59.9%
+ Depreciation and write-downs630€2,307€1,939€2,019€3,002€5,797€7,016€5,394€1,811▼ 66.4%
Operating cash flow (approximation)€50,255€111,434€217,998€137,144€60,083€144,920€407,891€163,261▼ 60.0%
Investment in fixed assets (approximation)--€2,898€0-€13,936-€7,625-€1,115€0€0-
Change in cash--€50,073€223,602-€223,412€3,295-€3,974€173,224-€167,455-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 6,782 companies had the same profile as C-Value has now. Two years later, 96.7% were still going and 0.6% had gone bankrupt.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.7% was still going
2.7% stopped otherwise
0.6% went bankrupt

That fits the bankruptcy probability of C-Value itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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 6,782 companies, not a prediction for C-Value. 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.

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2025 full format 26-08-2026 2026-00438260 PDF
31-12-2024 abbreviated format 07-07-2025 2025-00250486 PDF
31-12-2023 abbreviated format 11-07-2024 2024-00260498 PDF
31-12-2022 abbreviated format 03-08-2023 2023-00310847 PDF
31-12-2021 abbreviated format 03-08-2022 2022-20266400 PDF
31-12-2020 abbreviated format 05-07-2021 2021-31300404 PDF
31-12-2019 abbreviated format 09-07-2020 2020-28400287 PDF
31-12-2018 abbreviated format 20-06-2019 2019-20700407 PDF

Board & ownership

Directors

Directors
3 directors, 2 in day-to-day management, last change in 2022

Board 3

De Cronos Groep
Director · since 18-05-2022 · Public limited company · permanent representative: DEROOST Dirk · also on the board of 272 other companies · listed in the 2025 annual accounts, filed on 26-08-2026
Current
DE WIT Josephus
Director · since 18-05-2022 · listed in the 2025 annual accounts, filed on 26-08-2026
Current
Diliviri NV
Director · current term since 18-05-2022 · Legal entity · permanent representative: Matthias Doornaert · listed in the 2025 annual accounts, filed on 26-08-2026
Current

Day-to-day management 2

De Cronos Groep
Managing director · appointed in the act of 28-11-2022 · Public limited company · permanent representative: DEROOST Dirk
Current
DE WIT Josephus
Managing director · appointed in the act of 28-11-2022
Current
Permanent representatives 2
Matthias Doornaert
Permanent representative · appointed in the act of 23-09-2021 · for Diliviri NV
Current
DEROOST Dirk
Permanent representative · in office according to the act of 10-10-2022 · for De Cronos Groep
Current

Statutory auditor 1

KPMG Bedrijfsrevisoren CVBA
Statutory auditor · appointed in the act of 07-04-2023 · permanent representative: Dieter Vanloock
Current

Owners and capital

Shareholders

1 owner

Chain of control

  1. Nuclys 95.22%
  2. De Cronos Groep 89%
  3. C-Value

Owners 1

Mandate history

5 people, 4 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Diliviri NV
  • Director, appointed in the act of 23-09-2021, still in office
De Cronos Groep
  • Director, since before 18-05-2022
  • Managing director, appointed in the act of 28-11-2022, still in office
DE WIT Josephus
  • Director, since before 18-05-2022
  • Managing director, appointed in the act of 28-11-2022, still in office
KPMG Bedrijfsrevisoren CVBA
  • Statutory auditor, appointed in the act of 07-04-2023, still in office
Divirsiti NV
  • Director, until 18-05-2021
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Op verzoek vennootschap tot redelijkerwijze vervanging, 6”
“1, enige bestuurder”

Articles of association, deed of 28-11-2022 (in Dutch)

Network & group

Part of the group Nuclys 449 companies Group, risk and exposure

Companies at the same address

79 other companies

Connections & network

3 current directors
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
26-08
NBB filing Annual accounts 2025 filedNBB
full format · 26 days late
2025
07-07
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 24 days before the deadline
2024
31-12
Financial Highest result from 2018 to 2025net €402,496 ▲192%
The operating result of €520,337 and the net result of €402,496 are both a record.
31-12
Financial Equity above €1mequity €1.1m ▲57.4%
With a profit in every financial year since 2018, equity grows to €1.1m.
30-10
Gazette deed Permanent representatives: Sam Bambust, Matthias Doornaert and Dirk Deroost
7 points ▸
  • General meeting, 18-09-2024
  • Permanent representative, Sam Bambust
  • Permanent representative, Matthias Doornaert
  • Director in office, Diliviri NV (director)
  • Permanent representative, Dirk Deroost
  • Director in office, De Cronos Groep NV (director)
  • Director in office, Josephus de Wit (director)

Open the act in the Belgian Official Gazette

11-07
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 20 days before the deadline
2023
03-08
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 3 days late
07-04
Gazette deed Permanent representatives: Filip De Bock and Dieter Vanloock
Reappointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)4 points ▸
  • General meeting, 02-03-2023
  • Permanent representative, Filip De Bock (vaste vertegenwoordiger van de commissaris)
  • Permanent representative, Dieter Vanloock (vaste vertegenwoordiger van de commissaris)
  • Auditor reappointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)

Open the act in the Belgian Official Gazette

2022
28-11
Gazette deed 2 directors appointed
Appointments: DE WIT Josephus (managing director) and de Cronos Groep NV (managing director) · Permanent representative: DEROOST Dirk · Amendment of the articles4 points ▸
  • Amendment of the articles, mentioned 2 times in the deed
  • Director appointment, DE WIT Josephus (managing director)
  • Director appointment, de Cronos Groep NV (managing director)
  • Permanent representative, DEROOST Dirk

Open the act in the Belgian Official Gazette

10-10
Gazette deed 3 reappointed
Reappointments: De Cronos Groep NV, Josephus de Wit and Diliviri NV · Permanent representatives: Dirk Deroost and Matthias Doornaert6 points ▸
  • General meeting, 17-05-2022
  • Director reappointment, De Cronos Groep NV (director)
  • Director reappointment, Josephus de Wit (director)
  • Director reappointment, Diliviri NV (director)
  • Permanent representative, Dirk Deroost
  • Permanent representative, Matthias Doornaert

Open the act in the Belgian Official Gazette

03-08
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 3 days late
25-04
Gazette deed Permanent representatives: Matthias Doornaert, Wim Bijnens and Dirk Deroost
8 points ▸
  • General meeting, 21-02-2022
  • Permanent representative, Matthias Doornaert
  • Permanent representative, Wim Bijnens
  • Director in office, Diliviri NV (director)
  • Director in office, De Cronos Groep NV (director)
  • Director in office, Josephus de Wit (director)
  • Permanent representative, Dirk Deroost
  • Other provision, “bijzondere algemene vergadering, kennisname en aanvaarding vervanging vaste vertegenwoordiger” (deed in Dutch)

Open the act in the Belgian Official Gazette

Show earlier events
2021
31-12
Financial Equity above €500,000equity €509,566 ▲35.7%
With a profit in every financial year since 2018, equity grows to €509,566.
23-09
Gazette deed 1 director appointed, 1 director resigning
Appointment: Diliviri NV (director) · Permanent representative: Wim Bijnens · Resignation: Divirsiti NV (director)4 points ▸
  • General meeting, 18-05-2021
  • Director appointment, Diliviri NV (director)
  • Permanent representative, Wim Bijnens, mentioned 2 times in the deed
  • Director resignation, Divirsiti NV (director)

Open the act in the Belgian Official Gazette

05-07
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 26 days before the deadline
2020
09-07
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 22 days before the deadline
2019
31-12
Financial Equity above €200,000equity €219,444 ▲99.6%
With a profit in every financial year since 2018, equity grows to €219,444.
20-06
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 41 days before the deadline
2017
19-01
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

C-Value was incorporated on 17 January 2017.1 Turnover grew from €7.8m in 2018 to €9.9m in 2025 and headcount from 2 full-time equivalents in 2018 to 1 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2024 and 2025

Company details

Register details

Identity

KBO record
Name C-Value in Dutch
Enterprise number 0669.652.960
Legal form Public limited company
Status Active, normale toestand
Founded 17-01-2017
Entity type Legal entity

Registered office and establishments

Registered office Veldkant 33 A, 2550 Kontich, Belgium
Establishment unit C-Value, Veldkant 33 A, 2550 Kontich since 17-01-2017 · unit number 2.261.259.7436220002 Computer consultancy and computer facilities management

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
62900 Other information technology and computer services
73300 Public relations and communication consultancy
Codes under NACEBEL 2008
62020 IT consultancy main activity
62030 Computer programming, consultancy and related activities
62090 Computer programming, consultancy and related activities
70210 Activities of head offices; management consultancy activities
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025

Invoicing and payment

VAT number BE 0669.652.960
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0669652960
Other Peppol ID 9925:BE0669652960

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment approximate The establishment unit on the map
79 companies at this address See who is registered here