ACTIVE

C-Force

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Financial year 2025 · closed on 31/12/2025

Net result

31,8 k €

-43.2% YoY

Gross margin

60 k €

-36.1% YoY

Equity

227,7 k €

+14.8% YoY

What does C-Force do?

C-Force is a Private limited company incorporated in 1979. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Heist-op-den-Berg.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.928.539

Incorporation

15/10/1979

Legal form

Private limited company

Registered office

Kruisstraat(WIE) 22
2222 Heist-op-den-Berg · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

46500Wholesale of information and communication equipment· main 46660Wholesale of other office machinery and equipment 51850Air transport 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2006
Income statement
Gross margin	60 k €	-36.1%	94 k €	+116%	43,6 k €	+69.2%	25,8 k €	+249%	7,4 k €	+167%	-11 k €	-125%	43,6 k €	+14.6%	38 k €	+61.0%	23,6 k €	+34.6%	17,6 k €	+70.2%	10,3 k €	-79.9%	51,4 k €	-9.9%	57,1 k €	+64.7%	34,6 k €	+673%	4,5 k €	-8.9%	4,9 k €	+362%	-1,9 k €	+82.9%	-11 k €	-28.2%	-8,6 k €
EBITDA	59,1 k €	-36.5%	93,2 k €	+118%	42,8 k €	+78.2%	24 k €	+275%	6,4 k €	+153%	-12,1 k €	-128%	42,7 k €	+14.9%	37,1 k €	+64.3%	22,6 k €	+33.5%	16,9 k €	+70.8%	9,9 k €	-80.6%	51 k €	-9.8%	56,6 k €	+85.0%	30,6 k €	+589%	4,4 k €	-9.9%	4,9 k €	+279%	-2,7 k €	+76.2%	-11,5 k €	-34.2%	-8,6 k €
Operating result	43,6 k €	-43.7%	77,4 k €	+187%	27 k €	+139%	11,3 k €	+159%	4,4 k €	+118%	-23,6 k €	-176%	31 k €	+15.5%	26,8 k €	+123%	12 k €	+41.1%	8,5 k €	-8.1%	9,3 k €	+1679%	521,1 €	-91.5%	6,1 k €	-72.0%	21,9 k €	+393%	4,4 k €	-9.9%	4,9 k €	+279%	-2,7 k €	+76.2%	-11,5 k €	-34.2%	-8,6 k €
Net result	31,8 k €	-43.2%	56,1 k €	+187%	19,6 k €	+137%	8,3 k €	+95.2%	4,2 k €	+118%	-23,4 k €	-176%	31 k €	+40.9%	22 k €	+130%	9,6 k €	+14.2%	8,4 k €	-10.0%	9,3 k €	+1758%	502,2 €	-91.0%	5,6 k €	-73.9%	21,5 k €	+390%	4,4 k €	-8.6%	4,8 k €	+375%	-1,7 k €	+85.0%	-11,6 k €	-324%	5,2 k €
Balance sheet
Equity	227,7 k €	+14.8%	198,4 k €	+37.0%	144,8 k €	+11.2%	130,2 k €	+1.8%	128 k €	-0.6%	128,8 k €	-21.6%	164,2 k €	+13.1%	145,2 k €	+8.2%	134,1 k €	+0.1%	134,1 k €	+0.3%	133,7 k €	+1.0%	132,3 k €	+0.4%	131,8 k €	+4.4%	126,2 k €	+20.5%	104,7 k €	+4.4%	100,3 k €	+5.0%	95,5 k €	-1.8%	97,3 k €	-12.8%	111,5 k €
Total assets	268,1 k €	+3.6%	258,9 k €	+31.9%	196,2 k €	+6.2%	184,8 k €	+29.3%	142,9 k €	-1.1%	144,5 k €	-23.6%	189 k €	+6.8%	176,9 k €	+3.0%	171,8 k €	-13.2%	197,9 k €	+36.5%	145,1 k €	-23.7%	190 k €	-21.5%	242,1 k €	+13.4%	213,5 k €	+62.7%	131,2 k €	+20.0%	109,3 k €	+14.5%	95,5 k €	-9.7%	105,8 k €	-6.3%	112,9 k €
Cash	154,3 k €	+32.0%	116,9 k €	+44.8%	80,7 k €	+21.0%	66,7 k €	-23.2%	86,9 k €	-4.1%	90,6 k €	-16.4%	108,4 k €	+8.6%	99,8 k €		–		100,5 k €	+43.8%	69,9 k €	+28.0%	54,6 k €	-8.9%	59,9 k €	+23.9%	48,4 k €	+9401%	509,4 €	+1606%	29,9 €	-98.5%	2 k €	-31.8%	2,9 k €	-91.8%	35 k €
Debts	40,4 k €	-33.2%	60,5 k €	+17.6%	51,4 k €	-5.7%	54,5 k €	+266%	14,9 k €	-5.4%	15,7 k €	-36.6%	24,8 k €	-21.8%	31,8 k €	-15.7%	37,7 k €	-41.0%	63,9 k €	+461%	11,4 k €	-80.2%	57,7 k €	-47.7%	110,3 k €	+26.4%	87,3 k €	+229%	26,5 k €	+194%	9 k €		–		8,6 k €	+520%	1,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Coert Henk van den Heuvel

Mandate

Active

Ended mandates

Coert van den Heuvel

Manager · since 30 septembre 2009

Ended

Bernard VAN DEN HEUVEL

Manager

Ended

Coert Henk Van den Heuvel

Manager

Ended

Coert van den Heuvel

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/06/2026	29/06/2025	20/06/2024	04/06/2023	01/06/2022	16/06/2021
General meeting	31/05/2026	31/05/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/05/2026	10/06/2026	Dutch	PDF
Micro model	31/12/2024	31/05/2025	29/06/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	20/06/2024	Dutch	PDF
Micro model	31/12/2022	31/05/2023	04/06/2023	Dutch	PDF
Micro model	31/12/2021	31/05/2022	01/06/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	16/06/2021	Dutch	PDF
Micro model	31/12/2019	31/05/2020	21/07/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	31/05/2018	05/06/2018	Dutch	PDF
Micro model	31/12/2016	31/05/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	16/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	21/07/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	28/07/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	31/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Coert Henk van den Heuvel

Mandate

Active

Ended mandates

Coert van den Heuvel

Manager · since 30 septembre 2009

Ended

Bernard VAN DEN HEUVEL

Manager

Ended

Coert Henk Van den Heuvel

Manager

Ended

Coert van den Heuvel

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/09/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/06/2007
MAATSCHAPPELIJKE ZETEL
PDF
Registered office14/06/2006
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202531,8 k €↓
2024
Annual accounts 202456,1 k €↑
2023
Annual accounts 202319,6 k €↑
2023
Name changeC-Force
2022
Annual accounts 20228,3 k €↑
2021
Annual accounts 20214,2 k €↑
2021
Name changeBelgium Car Contractors
2020
Annual accounts 2020-23,4 k €↓
2019
Annual accounts 201931 k €↑
2018
Annual accounts 201822 k €↑
2017
Annual accounts 20179,6 k €↑
2016
Annual accounts 20168,4 k €↓
2015
Annual accounts 20159,3 k €↑
2014
Annual accounts 2014502,2 €↓
2013
Annual accounts 20135,6 k €↓
2012
Annual accounts 201221,5 k €↑
2011
Annual accounts 20114,4 k €↓
2010
Annual accounts 20104,8 k €↑
2009
Annual accounts 2009-1,7 k €↑
2008
Annual accounts 2008-11,6 k €↓
2006
Annual accounts 20065,2 k €
15/10/1979
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

C-Force

Overview

What does C-Force do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline