Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Less equity than 89% of companies in head offices and management consultancy. Sector median €323,509 · 10,868 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 30% of them on solvency, 54% on liquidity and 57% on profitability.
The bankruptcy probability was computed on 09-11-2026 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).
In July 2024, 7,976 companies had the same profile as C3C has now. Each dot stands for 20 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of C3C itself is lower: < 0.1% within 12 months. It rests on far more data about C3C than the profile alone.
The method was tested on the 497,447 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 7,976 companies, not a prediction for C3C. 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.
Liquidity is tight, with a current ratio of 1.41, below the usual 1.5. Short-term debt is 71.1% and cash 98.2% of total assets. 71.1% of the assets are financed with debt and provisions.
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.
| Company | ||||
|---|---|---|---|---|
| C3C Bruges | €23,060 | €6,534 | 28.9% | - |
| OSE Consulting Bruges | €24,761 | €5,476 | 68.1% | - |
| VABRUFIE Roeselare | €23,496 | €7,815 | 43.0% | - |
| PHARMAXESS CONSULTING Villers-le-Bouillet | €25,440 | €6,794 | 37.3% | - |
| FraPartners Burdinne | €24,318 | €7,149 | 30.6% | - |
| YEON Anderlecht | €24,007 | €6,551 | 73.2% | - |
| Legein Renard Consulting Sint-Genesius-Rode | €25,982 | €5,968 | 25.6% | - |
These companies have the same main activity as C3C: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €23,500 and €26,000, founded between 2024 and 2025.
C3C has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,653 and a net result of €4,653.
Its solvency ranks better than 30% of 10,858 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €26,000. Estimated: probably between €11,000 and €65,000.
Higher than 30% of 10,858 companies in 2025.
Higher than 48% of 10,480 companies in 2025.
Higher than 81% of 10,727 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
23,060 | |
29/58 |
23,060 | |
40/41 |
420 | |
41 |
420 | |
54/58 |
22,640 | |
| Balance sheet: equity and liabilities | ||
10/49 |
23,060 | |
10/15 |
6,653 | |
10/11 |
2,000 | |
10 |
2,000 | |
100 |
2,000 | |
14 |
4,653 | |
17/49 |
16,407 | |
42/48 |
16,407 | |
44 |
128 | |
440/4 |
128 | |
45 |
1,713 | |
450/3 |
1,713 | |
47/48 |
14,566 | |
| Income statement | ||
9900 |
6,534 | |
640/8 |
128 | |
9901 |
6,406 | |
65/66B |
40 | |
65 |
40 | |
9903 |
6,366 | |
67/77 |
1,713 | |
9904 |
4,653 | |
9905 |
4,653 | |
| Appropriation of the result | ||
9906 |
4,653 | |
| Document | ||
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00259010 |
| Line | Trend | 2025 |
|---|---|---|
| 6,653 | ||
| 28.9% | ||
| 1.41 | ||
| 2.47 | ||
| 69.9% | ||
| 20.2% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Debt's share of the balance-sheet total is 71.1%.
C3C has no parent and no holdings in its annual accounts. CARBONEZ Cedric is the only director.
| Vlaamse technische Kring Gent via CARBONEZ Cedric, no longer at Vlaamse technische Kring Gent · Chair · deed of 17-10-2018 founded in 1962 |
total assets €1.1m (2022) |
| Vlaamse Technische Kring Café via CARBONEZ Cedric, no longer at Vlaamse Technische Kring Café · Vice-chair · deed of 06-11-2018 |
founded in 2015 |
The network starts from the earlier ties.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Vuurkruisenlaan 32 registered office 8310 Bruges | 17-10-2024 | 2.366.514.938 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31029B0205/00N002 | 1,562 m² | 1 · 243 m² | 8.6 m · 1 |
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