Equity
€208,281 ▲ 0.9%
C2 has made a profit without a break since 2011.
C2
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1992peak €84,841 (2014)
-€4,896▼ €3,041
lowest -€12,870 (2009)
€1,880▲ 233%
peak €208,281 (2025)
€208,281▲ 0.9%
€69,092▲ 5.1%
Board2 names since 2017
1 directorMichel ERMANS
Documentsfilings and deeds
14-04-2026108 days before the deadline
2025micro format
Gross margin from -€1,855 to -€4,896Result from €565 to €1,880Cash from €1,519 to €2
Key points
from the 2025 annual accountsFilings
32 annual accounts since 1992
The 2021 accounts came 31 days late. The other nine of the last ten were filed on time.
Turnover not published (micro format)
Checked score
90
Excellent
Financially stronger than 41% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.8%▼ -0.1 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.6 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.1%▼ -0.2 percentage points vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 4.04, cash €2, halved
lowers risk
Founded in 1991
Size: total assets €277,373
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 70, micro). It does better than 86% of them on solvency, 20% on liquidity, 14% on profitability and 43% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as C2 has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of C2 itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 17,041 companies, not a prediction for C2. 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.
Credit verdict
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.04 (4.16 in 2024), above the usual 1.5. Short-term debt is 24.8% and cash 0% of total assets. 24.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 14-04-2026, 108 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
108 days early
2024
3 days early
2023
37 days early
2022
4 days early
2021
31 days late
2020
1 day early
2019
15 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 20 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 27 July (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446116856
Registered office moved from Marchin to Aye
New registered office: rue de la Chasse 29, 6900 Aye (Marche-en-Famenne) · Previous registered office: Rue de Vyle 5A, 4570 Marchin, Belgique · Board meeting of 12-03-2024 · Gazette deed
New manager
Michel ERMANS appointed, Muriel SIMON resigned · General meeting of 30-06-2017 · Gazette deed
First establishment
Aye, Rue de la Chasse 29, Marche-en-Famenne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| C2 Marche-en-Famenne | €277,373 | -€4,896 | 75.1% | - |
| MTS La Roche-en-Ardenne | €239,648 | -€34,006 | 53.1% | - |
| Docteur Patrick RUTTEN Paliseul | €227,185 | -€14,559 | -34.0% | - |
| CORTIMMO Beringen | €287,629 | -€7,496 | 62.5% | - |
| PRIVERTHO Wingene | €279,600 | -€2,133 | 97.2% | - |
| ALUDES Oosterzele | €282,290 | -€1,787 | 23.3% | - |
| JEDYCO - VAN HAUTE Sint-Pieters-Leeuw | €266,483 | -€3,125 | 2.0% | - |
These companies have the same main activity as C2: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €227,000 and €288,000, founded between 1990 and 1994.
Official details
Source: KBO- Status
- Active since 20-12-1991Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.089.096.8196900 Marche-en-Famenne, since 08-01-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Annual accounts 2025
- €277,373▲ 1.9%
- Filing
- Filed on 14-04-2026, 108 days before the end of the filing period
Insights on C2
C2 files the micro format. That format states no turnover. The gross margin fell from €43,518 in 2006 to -€4,896 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about C2
- What is the company number of C2?
- The company number of C2 is 0446.116.856. The VAT number is the same number with BE in front: BE 0446.116.856.
- Where is C2 based?
- The registered office is at Aye, Rue de la Chasse 29, 6900 Marche-en-Famenne.Company details
- What does C2 do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of C2?
- C2 is a private limited company (pre-2019) (BVBA).
- When was C2 founded?
- C2 was founded on 20-12-1991.
- Is C2 still active?
- Yes, C2 is an active enterprise in the KBO register.
- What is the turnover of C2?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is C2 profitable?
- In financial year 2025, C2 made a profit of €1,880.
- Where can I find the annual accounts of C2?
- C2 filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of C2 due?
- C2 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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