C2 & DH
ActiveSummary
The computed 12-month bankruptcy probability of C2 & DH is 6.8% (elevated). The latest annual accounts of C2 & DH were filed more than 90 days after the deadline. The 2020 annual accounts show equity of €186k and a net result of €11k. Equity is growing by ~5.2% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability75▲+2
Solvency100=
Growth52=
Track record92
Bankruptcy probability, 12 months
6.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Solvency, return and age of the figures
Solvency
81.8%
Return on assets
4.8%
Age of the figures
69 mo
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
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 04-07-2022, 338 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
338 d late
2019
647 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
Financials · fiscal year 2020, micro schema
Turnover
€37k
EBIT margin
267.7%
Net result
€11k▲ 44.8%
2019 · €7k
2018: €70khighest in 3 years
2019: €7k▼ -89.2% vs 2018lowest in 3 years
2020: €11k▲ +44.8% vs 2019
2018 → 2020
Working capital
€138k▲ 8.5%
2019 · €127k
2018: €117klowest in 3 years
2019: €127k▲ +8.4% vs 2018
2020: €138k▲ +8.5% vs 2019highest in 3 years
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€37k-
Equity€168k-€175k▲ 4.5%€186k▲ 6.2%
2018: €168klowest in 3 years
2019: €175k▲ +4.5% vs 2018
2020: €186k▲ +6.2% vs 2019highest in 3 years
Operating result€100k-€10k▼ 89.7%€15k▲ 48.1%
2018: €100khighest in 3 years
2019: €10k▼ -89.7% vs 2018lowest in 3 years
2020: €15k▲ +48.1% vs 2019
Net result€70k-€7k▼ 89.2%€11k▲ 44.8%
2018: €70khighest in 3 years
2019: €7k▼ -89.2% vs 2018lowest in 3 years
2020: €11k▲ +44.8% vs 2019
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 48% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €227k
Fixed assets
€76k ▲ 0.1%
Current assets
€151k ▲ 9.8%
Equity and liabilities €227k
Equity
€186k ▲ 6.2%
Provisions
€28k =
Debt
€13k ▲ 24.9%
Debt's share of the balance-sheet total rises from 5.0% to 5.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▲
2019 · €15k
Cash flow
€15k▲
2019 · €12k
Current ratio
11.37▼
2019 · 12.93
Debt to equity
0.07▲
2019 · 0.06
ROE
5.8%▲
2019 · 4.3%
ROA
4.8%▲
2019 · 3.5%
Interest coverage
88.07▲
2019 · 78.76
Debt ≤ 1 year
€13k▲
2019 · €11k
Income taxes
€4k▲
2019 · €3k
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 · 2020 against 2019 · 42 lines
Balance sheet
Code20192020
Assets
Total assets20/58€214k€227k▲
Fixed assets21/28€76k€76k▲
Tangible fixed assets22/27€76k€76k▲
Land and buildings22€74k€70k▼
Furniture and vehicles24€299€150▼
Other tangible fixed assets26€2k€6k▲
Current assets29/58€137k€151k▲
Amounts receivable within one year40/41€98k€98k=
Other amounts receivable41€98k€98k=
Cash at bank and in hand54/58€39k€53k▲
Deferred charges and accrued income490/1€796-
Equity and liabilities
Total equity and liabilities10/49€214k€227k▲
Equity10/15€175k€186k▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€101k€101k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€67k€67k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€11k€22k▲
Provisions and deferred taxes16€28k€28k=
Deferred taxes168€28k€28k=
Amounts payable17/49€11k€13k▲
Amounts payable within one year42/48€11k€13k▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k-
Gross operating margin9900€17k€20k▲
Operating profit (loss)9901€10k€15k▲
Financial charges65/66B€186€224▲
Recurring financial charges65€186€224▲
Profit (loss) for the period before taxes9903€10k€15k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€7k€11k▲
Profit (loss) for the period to be appropriated9905€7k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€22k▲
Profit (loss) brought forward from the previous period14P€4k€11k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €37k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €4k | €5k | ▲ 3.7% |
| Other operating charges640/8 | - | €2k | - | - |
| Gross operating margin9900 | €107k | €17k | €20k | ▲ 18.4% |
| Operating profit (loss)9901 | €100k | €10k | €15k | ▲ 48.1% |
| Financial charges65/66B | - | €186 | €224 | ▲ 20.4% |
| Recurring financial charges65 | €702 | €186 | €224 | ▲ 20.4% |
| Profit (loss) for the period before taxes9903 | €99k | €10k | €15k | ▲ 48.7% |
| Income taxes67/77 | €1k | €3k | €4k | ▲ 60.0% |
| Profit (loss) for the period9904 | €70k | €7k | €11k | ▲ 44.8% |
| Profit (loss) for the period to be appropriated9905 | €3k | €7k | €11k | ▲ 44.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €212k | €214k | €227k | ▲ 6.3% |
| Fixed assets21/28 | €81k | €76k | €76k | ▲ 0.1% |
| Tangible fixed assets22/27 | €81k | €76k | €76k | ▲ 0.1% |
| Land and buildings22 | - | €74k | €70k | ▼ 4.8% |
| Furniture and vehicles24 | - | €299 | €150 | ▼ 49.8% |
| Other tangible fixed assets26 | - | €2k | €6k | ▲ 182% |
| Current assets29/58 | €132k | €137k | €151k | ▲ 9.8% |
| Amounts receivable within one year40/41 | €63k | €98k | €98k | = |
| Other amounts receivable41 | - | €98k | €98k | = |
| Cash at bank and in hand54/58 | €68k | €39k | €53k | ▲ 36.4% |
| Deferred charges and accrued income490/1 | - | €796 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €212k | €214k | €227k | ▲ 6.3% |
| Equity10/15 | €168k | €175k | €186k | ▲ 6.2% |
| Contributions10/11 | €63k | €63k | €63k | = |
| Capital10 | - | €63k | €63k | = |
| Issued capital100 | - | €63k | €63k | = |
| Reserves13 | €101k | €101k | €101k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | = |
| Tax-exempt reserves132 | - | €67k | €67k | = |
| Distributable reserves133 | - | €28k | €28k | = |
| Profit (loss) carried forward14 | €4k | €11k | €22k | ▲ 97.3% |
| Provisions and deferred taxes16 | €28k | €28k | €28k | = |
| Deferred taxes168 | - | €28k | €28k | = |
| Amounts payable17/49 | €17k | €11k | €13k | ▲ 24.9% |
| Amounts payable within one year42/48 | €15k | €11k | €13k | ▲ 24.9% |
| Trade debts44 | €6k | €7k | €5k | ▼ 21.1% |
| Suppliers440/4 | - | €7k | €5k | ▼ 21.1% |
| Taxes, remuneration and social security45 | - | €4k | €8k | ▲ 102% |
| Taxes450/3 | - | €4k | €8k | ▲ 102% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €70k | €7k | €11k | ▲ 44.8% |
| + Depreciation and write-downs630 | €5k | €4k | €5k | ▲ 3.7% |
| Operating cash flow (approximation) | €74k | €12k | €15k | ▲ 29.5% |
| Investment in fixed assets (approximation) | - | €-1 | €-5k | ▼ 464,500% |
| Change in cash | - | €-29k | €14k | ▲ 149% |
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
2025
08-09
KBO administration
Late accounts filing
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 338 days late
09-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 647 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 392 days late
2019
31-12
Financial
Weakest financial yearnet €7k ▼89.2%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 325 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
13-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
12-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
26-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Elsene
Ground area
1,218 m²
Building footprint
1,221 m²
Volume, LiDAR
17,976 m³
Parcel 21822R0227/00T003, Brussels · tallest building 32.8 m, ±2 floors. Linked by address, not a title deed.
180
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00T003 | Brussels | 1,218 m² | 1 · 1,221 m² | 32.8 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.
Identification & contact
Identification
Legal formPublic limited company
Founded24-03-2003
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.