C2R
InactiveC2R was declared bankrupt on 25-04-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 16-09-2025, published in the Belgian State Gazette on 23-09-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-10-2022, 66 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
66 d late
2020
27 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
€212k
EBIT margin
-13.9%
Net result
€-29k▼ 303%
2020 · €-7k
2018: €-19k
2019: €-11k
2020: €-7k
2018 → 2021
Working capital
€-7k
2020 · €23k
2018: €-2k
2019: €35k
2020: €23k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€212k
Equity€4k-€22k▲ 428%€17k▼ 22.3%€-12k
Operating result€-19k-€-11k▲ 40.3%€-7k▲ 35.4%€-29k▼ 306%
Net result€-19k-€-11k▲ 42.1%€-7k▲ 33.8%€-29k▼ 303%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2021 against €7k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €17k
Fixed assets
€4k▼ 58.8%
Current assets
€13k▼ 76.2%
Key figures and ratios
EBITDA
€-29k▼
2020 · €-6k
Cash flow
€-28k▼
2020 · €-6k
Solvency
-71.9%▼
2020 · 27.3%
Current ratio
0.64▼
2020 · 1.78
Quick ratio
0.64▼
2020 · 1.60
Debt / equity
-2.39▼
2020 · 0.91
ROA
-175.5%▼
2020 · -11.5%
Interest coverage
-594.08
Debt
€28k▼
2020 · €46k
Debt ≤ 1 year
€20k▼
2020 · €30k
Debt > 1 year
€9k▼
2020 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€63k€17k▼
Fixed assets21/28€9k€4k▼
Tangible fixed assets22/27€9k€4k▼
Furniture and vehicles24-€1k
Leasing and similar rights25-€2k
Current assets29/58€54k€13k▼
Stocks and contracts in progress3€6k-
Amounts receivable within one year40/41€42k€4k▼
Trade receivables40-€2k
Other amounts receivable41-€3k
Cash at bank and in hand54/58€6k€7k▲
Deferred charges and accrued income490/1-€914
Equity and liabilities
Total equity and liabilities10/49€63k€17k▼
Equity10/15€17k€-12k▼
Contributions10/11-€19k
Outside capital11-€19k
Share premium1100/10-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€-3k€-32k▼
Amounts payable17/49€46k€28k▼
Amounts payable after more than one year17€16k€9k▼
Financial debts170/4-€9k
Amounts payable within one year42/48€30k€20k▼
Trade debts44€9k€17k▲
Suppliers440/4-€17k
Taxes, remuneration and social security45-€236
Taxes450/3-€236
Other amounts payable47/48-€3k
Income statement
Code20202021
Turnover70-€212k
Goods, raw materials, services and sundry goods60/61-€186k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€767€803▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€49k
Other operating charges640/8-€1k
Non-recurring operating charges66A-€5k
Gross operating margin9900€12k€27k▲
Operating profit (loss)9901€-7k€-29k▼
Financial income75/76B-€411
Recurring financial income75€77€411▲
Financial charges65/66B-€48
Recurring financial charges65€48€48▼
Profit (loss) for the period before taxes9903€-7k€-29k▼
Profit (loss) for the period9904€-7k€-29k▼
Profit (loss) for the period to be appropriated9905€-7k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-32k
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · C2R BVBA DAMBRUGGESTRAAT 55/2, 2060 ANTWERPEN 6 · event 16-09-2025
2024
02-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · C2R BVBA DAMBRUGGE- STRAAT 55/2, 2060 ANTWERPEN 6 · event 25-04-2024
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 66 days late
2021
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 2.49
Current ratio from 0.96 to 2.49; short-term debt falls from €67k to €23k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOOST PEETERS HAANTJESLEI 69A,
2018 ANTWERPEN 1 |
25-04-2024 → present |