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C2plus

Active Risk: not assessed
Public limited companyfounded 2020active for 6 yearsSt.-Rochusstraat 24, 3560 Lummen, BelgiumKBO/BCE: BE 0745.771.038
Summary

C2plus is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €444 and a net result of €8,497. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6,589 sector peers (NACE 64, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€356,854total assets 2025
Equity
€444
Profit
€8,497
Turnover not published (abbreviated format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Holdings
1
Accounts on time0 of 1 deed read
Signalsraises riskWeak solvency vs sectorneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

Two signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6589 sector peers (2025).
NBB · sector comparison
Position among 6589 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
on the day
2024
3 days early
2023
2 days early
2022
3 days early
2021
2 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 1 day before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 29 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end16-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €8,497
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

Equity
€444
2024 · -€8,053
Net result
€8,497
2024 · -€34,000
Total assets
€356,854▲ 153%
2024 · €141,040
Solvency
0.1%▲ 5.8pp
2024 · -5.7%
Trend over the years

2021 to 2025, 5 financial years

The operating result returns to profit in 2025: €23,328 after a loss of €33,840 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€23,328 2025 Net result€8,497 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result-€5,097--€5,450▼ 6.9%-€28,211▼ 418%-€33,840▼ 20.0%€23,328
Net result-€5,098below the sector's middle half--€5,591below the sector's middle half▼ 9.7%-€28,364below the sector's middle half▼ 407%-€34,000below the sector's middle half▼ 19.9%€8,497within the sector's middle half
Equity€59,902below the sector's middle half-€54,312below the sector's middle half▼ 9.3%€25,948below the sector's middle half▼ 52.2%-€8,053below the sector's middle half€444below the sector's middle half
Total assets€60,941below the sector's middle half-€113,485below the sector's middle half▲ 86.2%€107,152below the sector's middle half▼ 5.6%€141,040below the sector's middle half▲ 31.6%€356,854below the sector's middle half▲ 153%
Debt€1,038-€59,173▲ 5,599%€81,205▲ 37.2%€149,093▲ 83.6%€356,410▲ 139%
Working capital€46,256within the sector's middle half--€14,423within the sector's middle half-€39,376within the sector's middle half▼ 173%-€116,959within the sector's middle half▼ 197%-€229,420below the sector's middle half▼ 96.2%
Solvency98.3%above the sector's middle half-47.9%within the sector's middle half▼ 50.4pp24.2%below the sector's middle half▼ 23.6pp-5.7%below the sector's middle half▼ 29.9pp0.1%below the sector's middle half▲ 5.8pp
Current ratio45.55above the sector's middle half-0.76within the sector's middle half▼ 44.790.52within the sector's middle half▼ 0.240.22below the sector's middle half▼ 0.300.36within the sector's middle half▲ 0.14
Return on assets (ROA)-8.4%below the sector's middle half--4.9%below the sector's middle half▲ 3.4pp-26.5%below the sector's middle half▼ 21.5pp-24.1%below the sector's middle half▲ 2.4pp2.4%within the sector's middle half▲ 26.5pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €356,854
Fixed assets €229,863 ▲ 111%
Current assets €126,991 ▲ 295%
Equity and liabilities €356,854
Equity €444
Debt €356,410
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€356,410▲
2024 · €149,093
Income taxes
€14,678
Equity ratios withheld: equity of €444 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€141,040€356,854▲
Fixed assets21/28€108,906€229,863▲
Tangible fixed assets22/27€50,406€171,363▲
Furniture and vehicles24€50,406€171,363▲
Financial fixed assets28€58,500€58,500=
Current assets29/58€32,134€126,991▲
Amounts receivable within one year40/41€9,630€74,508▲
Trade receivables40-€36,300
Other amounts receivable41€9,630€38,208▲
Cash at bank and in hand54/58€22,503€45,453▲
Deferred charges and accrued income490/1-€7,029
Equity and liabilities
Total equity and liabilities10/49€141,040€356,854▲
Equity10/15-€8,053€444▲
Contributions10/11€65,000€65,000=
Capital10€65,000€65,000=
Issued capital100€65,000€65,000=
Profit (loss) carried forward14-€73,053-€64,556▲
Amounts payable17/49€149,093€356,410▲
Amounts payable within one year42/48€149,093€356,410▲
Trade debts44€75,593€82,910▲
Suppliers440/4€75,593€82,910▲
Advances received on contracts in progress46-€200,000
Other amounts payable47/48€73,500€73,500=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,417€13,622▲
Other operating charges640/8€446€449▲
Gross operating margin9900-€26,976€37,399▲
Operating profit (loss)9901-€33,840€23,328▲
Financial charges65/66B€161€153▼
Recurring financial charges65€161€153▼
Profit (loss) for the period before taxes9903-€34,000€23,175▲
Income taxes67/77-€14,678
Profit (loss) for the period9904-€34,000€8,497▲
Profit (loss) for the period to be appropriated9905-€34,000€8,497▲
Appropriation of the result
Profit (loss) to be appropriated9906-€73,053-€64,556▲
Profit (loss) brought forward from the previous period14P-€39,052-€73,053▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,412€3,412€3,412€6,417€13,622▲ 112%
Other operating charges640/8-€422€410€446€449▲ 0.6%
Gross operating margin9900-€1,338-€1,617-€24,389-€26,976€37,399-
Operating profit (loss)9901-€5,097-€5,450-€28,211-€33,840€23,328-
Financial charges65/66B-€141€153€161€153▼ 4.5%
Recurring financial charges65€0€141€153€161€153▼ 4.5%
Profit (loss) for the period before taxes9903-€5,098-€5,591-€28,364-€34,000€23,175-
Income taxes67/77----€14,678-
Profit (loss) for the period9904-€5,098-€5,591-€28,364-€34,000€8,497-
Profit (loss) for the period to be appropriated9905-€5,098-€5,591-€28,364-€34,000€8,497-
Line20212022202320242025Change
Assets
Total assets20/58€60,941€113,485€107,152€141,040€356,854▲ 153%
Fixed assets21/28€13,647€68,735€65,323€108,906€229,863▲ 111%
Tangible fixed assets22/27€13,647€10,235€6,823€50,406€171,363▲ 240%
Furniture and vehicles24-€10,235€6,823€50,406€171,363▲ 240%
Financial fixed assets28-€58,500€58,500€58,500€58,500=
Current assets29/58€47,294€44,750€41,829€32,134€126,991▲ 295%
Amounts receivable within one year40/41€3,769€4,144€4,482€9,630€74,508▲ 674%
Trade receivables40----€36,300-
Other amounts receivable41-€4,144€4,482€9,630€38,208▲ 297%
Cash at bank and in hand54/58€43,525€40,606€37,347€22,503€45,453▲ 102%
Deferred charges and accrued income490/1----€7,029-
Equity and liabilities
Total equity and liabilities10/49€60,941€113,485€107,152€141,040€356,854▲ 153%
Equity10/15€59,902€54,312€25,948-€8,053€444-
Contributions10/11€65,000€65,000€65,000€65,000€65,000=
Capital10-€65,000€65,000€65,000€65,000=
Issued capital100-€65,000€65,000€65,000€65,000=
Profit (loss) carried forward14-€5,098-€10,688-€39,052-€73,053-€64,556▲ 11.6%
Amounts payable17/49€1,038€59,173€81,205€149,093€356,410▲ 139%
Amounts payable within one year42/48€1,038€59,173€81,205€149,093€356,410▲ 139%
Trade debts44€1,038€673€22,705€75,593€82,910▲ 9.7%
Suppliers440/4-€673€22,705€75,593€82,910▲ 9.7%
Advances received on contracts in progress46----€200,000-
Other amounts payable47/48-€58,500€58,500€73,500€73,500=
Line20212022202320242025Change
Profit (loss) for the period9904-€5,098-€5,591-€28,364-€34,000€8,497-
+ Depreciation and write-downs630€3,412€3,412€3,412€6,417€13,622▲ 112%
Operating cash flow (approximation)-€1,686-€2,179-€24,952-€27,583€22,118-
Investment in fixed assets (approximation)--€58,500€0-€50,000-€134,579▼ 169%
Change in cash--€2,919-€3,258-€14,844€22,950-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-03-2025 abbreviated format 31-10-2025 2025-00561931
31-03-2024 abbreviated format 28-10-2024 2024-00518703
31-03-2023 abbreviated format 29-10-2023 2023-00501011
31-03-2022 abbreviated format 28-10-2022 2022-20476200
31-03-2021 abbreviated format 02-11-2021 2021-75700035

Similar companies · same sector, comparable size

Of the 24,460 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,973. 531 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the annual accounts to 31-03-2025 of C2plus and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 1 Gazette act processed.

History

On 2 April 2020, C2plus was incorporated as a public limited company.1 Total assets went from €60,941 in 2021 to €356,854 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-10-2026
2025
31-10
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
31-03
Financial Back to profitnet €8,497
Net result €8,497 after 4 loss-making years.
2024
28-10
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
31-03
Financial Weakest financial yearnet -€34,000
Net result drops to -€34,000, the lowest in the series; recovery starts the following year.
2023
29-10
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2022
28-10
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2021
02-11
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded02-04-2020
Financial year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0745771038
Also 9925:BE0745771038
Registered 14-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 16 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lummen · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
2,880 m²
Building footprint
536 m²
Building volume
2,991 m³
Parcel 71037A1162/00K000, Flanders · tallest building 9.7 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
C2plus
St.-Rochusstraat 24, 3560 LummenActivities of holding companies
since 2020unit no. 2.301.047.856
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71037A1162/00K000 Flanders 2,880 m² 1 · 536 m² 9.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.