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CC-NET

Inactive
KBO/BCE: BE 0748.487.038

CC-NET was declared bankrupt on 19-09-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 20-01-2026, published in the Belgian State Gazette on 26-01-2026.

Summary

Inactive; last annual accounts for fiscal year 2022.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 · 3 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 14-09-2023, 45 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
45 d late
2021
31 d late
2020
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 36 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets fell from EUR 45,882 in 2020 to EUR 14,767 in 2022.1 On 19 September 2023 CC-NET was declared bankrupt; the bankruptcy was closed on 20 January 2026.23

  1. 1National Bank, annual accounts 2020 and 2022
  2. 2Belgian State Gazette, 25-09-2023
  3. 3Belgian State Gazette, 26-01-2026

Financials · fiscal year 2022, micro schema

Equity
-€14,567
2021 · €25,811
Total assets
€14,767▼ 77.7%
2021 · €66,362
Net result
-€40,378
2021 · €1,477
Working capital
-€24,485
2021 · €16,807
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202020212022
Operating result€28,241-€5,038▼ 82.2%-€38,482
Net result€22,334-€1,477▼ 93.4%-€40,378
Equity€24,334-€25,811▲ 6.1%-€14,567
Total assets€45,882-€66,362▲ 44.6%€14,767▼ 77.7%
Debt€21,548-€40,550▲ 88.2%€29,334▼ 27.7%
Working capital€19,394-€16,807▼ 13.3%-€24,485
Staff (FTE)0.80.6▼ 25.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2020: €28,241€28,241Net result 2020: €22,334€22,334Operating result 2021: €5,038€5,038Net result 2021: €1,477€1,477Operating result 2022: -€38,482-€38,482Net result 2022: -€40,378-€40,378202020212022-€60,000-€40,000-€20,000€0€20,000Operating result 2020: €28,241€28,200Net result 2020: €22,334€22,300Operating result 2021: €5,038€5,040Net result 2021: €1,477€1,480Operating result 2022: -€38,482-€38,500Net result 2022: -€40,378-€40,400202020212022
The operating result turns negative in 2022: a loss of €38,482 after €5,038 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €14,767
Fixed assets €9,917 ▲ 10.1%
Current assets €4,850 ▼ 91.5%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€35,027▼
2021 · €8,244
Cash flow
-€36,923▼
2021 · €4,683
Solvency
-98.6%▼
2021 · 38.9%
Current ratio
0.17▼
2021 · 1.41
Debt to equity
-2.01▼
2021 · 1.57
ROA
-273.4%▼
2021 · 2.2%
Interest coverage
-21.62▼
2021 · 4.64
Debt ≤ 1 year
€29,334▼
2021 · €40,550
Income taxes
€277▼
2021 · €1,819
Staff costs
€21,855▲
2021 · €13,235
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 · 2022 against 2021 · 41 lines
Balance sheet Code20212022
Assets
Total assets20/58€66,362€14,767▼
Fixed assets21/28€9,004€9,917▲
Tangible fixed assets22/27€9,004€9,917▲
Plant, machinery and equipment23€9,004€9,917▲
Current assets29/58€57,358€4,850▼
Amounts receivable within one year40/41€48,183€86▼
Trade receivables40€48,097-
Other amounts receivable41€86€86=
Cash at bank and in hand54/58€8,002€4,335▼
Deferred charges and accrued income490/1€1,172€429▼
Equity and liabilities
Total equity and liabilities10/49€66,362€14,767▼
Equity10/15€25,811-€14,567▼
Contributions10/11€2,000€2,000=
Reserves13€23,811-
Distributable reserves133€23,811-
Profit (loss) carried forward14--€16,567
Amounts payable17/49€40,550€29,334▼
Amounts payable within one year42/48€40,550€29,334▼
Trade debts44€5,473€1,002▼
Suppliers440/4€5,473€1,002▼
Taxes, remuneration and social security45€16,936€7,497▼
Taxes450/3€12,563€5,851▼
Remuneration and social security454/9€4,373€1,646▼
Other amounts payable47/48€18,142€20,835▲
Income statement Code20212022
Remuneration, social security and pensions62€13,235€21,855▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,206€3,455▲
Other operating charges640/8€1,623€785▼
Gross operating margin9900€23,102-€12,387▼
Operating profit (loss)9901€5,038-€38,482▼
Financial income75/76B€34€1▼
Recurring financial income75€34€1▼
Financial charges65/66B€1,776€1,620▼
Recurring financial charges65€1,776€1,620▼
Profit (loss) for the period before taxes9903€3,296-€40,101▼
Income taxes67/77€1,819€277▼
Profit (loss) for the period9904€1,477-€40,378▼
Profit (loss) for the period to be appropriated9905€1,477-€40,378▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,477-€40,378▼
Transfer from equity791/2-€23,811
Transfer to equity691/2€1,477-
To other reserves6921€1,477-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Remuneration, social security and pensions62-€13,235€21,855▲ 65.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€655€3,206€3,455▲ 7.8%
Other operating charges640/8-€1,623€785▼ 51.6%
Gross operating margin9900€29,341€23,102-€12,387▼ 154%
Operating profit (loss)9901€28,241€5,038-€38,482▼ 864%
Financial income75/76B-€34€1▼ 97.4%
Recurring financial income75-€34€1▼ 97.4%
Financial charges65/66B-€1,776€1,620▼ 8.8%
Recurring financial charges65€247€1,776€1,620▼ 8.8%
Profit (loss) for the period before taxes9903€27,994€3,296-€40,101▼ 1,317%
Income taxes67/77€5,660€1,819€277▼ 84.8%
Profit (loss) for the period9904€22,334€1,477-€40,378▼ 2,834%
Profit (loss) for the period to be appropriated9905€22,334€1,477-€40,378▼ 2,834%
Line202020212022Change
Assets
Total assets20/58€45,882€66,362€14,767▼ 77.7%
Formation expenses20€375---
Fixed assets21/28€4,565€9,004€9,917▲ 10.1%
Tangible fixed assets22/27€4,565€9,004€9,917▲ 10.1%
Plant, machinery and equipment23-€9,004€9,917▲ 10.1%
Current assets29/58€40,942€57,358€4,850▼ 91.5%
Amounts receivable within one year40/41€29,678€48,183€86▼ 99.8%
Trade receivables40-€48,097--
Other amounts receivable41-€86€86=
Cash at bank and in hand54/58€10,932€8,002€4,335▼ 45.8%
Deferred charges and accrued income490/1-€1,172€429▼ 63.4%
Equity and liabilities
Total equity and liabilities10/49€45,882€66,362€14,767▼ 77.7%
Equity10/15€24,334€25,811-€14,567▼ 156%
Contributions10/11-€2,000€2,000=
Reserves13€22,334€23,811--
Distributable reserves133-€23,811--
Profit (loss) carried forward14---€16,567-
Amounts payable17/49€21,548€40,550€29,334▼ 27.7%
Amounts payable within one year42/48€21,548€40,550€29,334▼ 27.7%
Trade debts44€6,670€5,473€1,002▼ 81.7%
Suppliers440/4-€5,473€1,002▼ 81.7%
Taxes, remuneration and social security45-€16,936€7,497▼ 55.7%
Taxes450/3-€12,563€5,851▼ 53.4%
Remuneration and social security454/9-€4,373€1,646▼ 62.4%
Other amounts payable47/48-€18,142€20,835▲ 14.8%
Line202020212022Change
Profit (loss) for the period9904€22,334€1,477-€40,378▼ 2,834%
+ Depreciation and write-downs630€655€3,206€3,455▲ 7.8%
Operating cash flow (approximation)€22,989€4,683-€36,923▼ 888%
Investment in fixed assets (approximation)--€7,645-€4,369▲ 42.9%
Change in cash--€2,930-€3,667▼ 25.2%

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

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Timeline · acts, filings and financial milestones

2026
26-01
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 20-01-2026
2023
25-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-09-2023
14-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
2022
31-12
Financial Weakest financial yearnet -€40,378
Net result drops to -€40,378, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

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

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Directors · office · real estate

Directors
1 act for this company is 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator STEFANIE HENS
BRITSELEI 76, 2000 06 ANTWERPEN-
19-09-2023 → 20-01-2026