C2
0446.116.856 · rovalta.com · 22/09/2026
ACTIVE
Financial year 2025 · closed on 31/12/2025
Net result
1,9 k €
+232.5% YoY
Gross margin
-4,9 k €
-164.0% YoY
Equity
208,3 k €
+0.9% YoY
Overview
What does C2 do?
C2 is a Private company with limited liability incorporated in 1991. Its main activity is: Management consultancy activities. Its registered office is in Marche-en-Famenne.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0446.116.856
Incorporation
20/12/1991
Legal form
Private company with limited liability
Registered office
Aye, Rue de la Chasse 29
6900 Marche-en-Famenne · WallonieSee on map
6900 Marche-en-Famenne · WallonieSee on map
Contributed capital
48 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | -4,9 k € | -164% | -1,9 k € | -142% | 4,4 k € | -49.2% | 8,7 k € | -69.0% | 27,9 k € | -11.4% | 31,5 k € | +6.9% | 29,5 k € | -31.6% | 43,1 k € | +1.4% | 42,5 k € | +85.7% | 22,9 k € | -72.5% | 83,2 k € | -2.0% | 84,8 k € | +80.3% | 47,1 k € | +68.3% | 28 k € | -15.4% | 33,1 k € | +30.9% | 25,3 k € | +43.6% | 17,6 k € | -37.7% | 28,3 k € | -14.8% | 33,2 k € | -23.8% | 43,5 k € |
| EBITDA | -7,3 k € | -76.4% | -4,1 k € | -257% | 2,6 k € | -65.8% | 7,7 k € | -70.1% | 25,7 k € | -6.0% | 27,3 k € | +19.3% | 22,9 k € | -42.3% | 39,7 k € | +3.1% | 38,5 k € | +96.0% | 19,7 k € | -75.4% | 79,8 k € | -1.4% | 80,9 k € | +79.3% | 45,1 k € | +80.4% | 25 k € | -16.1% | 29,8 k € | +35.8% | 21,9 k € | +46.7% | 15 k € | -38.1% | 24,2 k € | -16.0% | 28,8 k € | -27.8% | 39,8 k € |
| Operating result | -7,5 k € | -71.9% | -4,4 k € | -284% | 2,4 k € | -68.1% | 7,4 k € | -56.5% | 17,1 k € | -8.5% | 18,7 k € | +31.1% | 14,3 k € | -63.2% | 38,7 k € | +1.2% | 38,2 k € | +97.4% | 19,4 k € | -75.6% | 79,5 k € | +23.0% | 64,6 k € | +133% | 27,7 k € | +828% | 3 k € | -61.3% | 7,7 k € | +2137% | -378,1 € | +94.9% | -7,4 k € | -253% | 4,9 k € | -37.2% | 7,7 k € | -53.9% | 16,8 k € |
| Net result | 1,9 k € | +233% | 565,3 € | -90.5% | 6 k € | -32.7% | 8,9 k € | -33.8% | 13,4 k € | -30.4% | 19,2 k € | +70.2% | 11,3 k € | -55.8% | 25,5 k € | +4.1% | 24,5 k € | +40.6% | 17,5 k € | -71.2% | 60,5 k € | -2.4% | 62 k € | +122% | 28 k € | +1141% | 2,3 k € | -26.5% | 3,1 k € | +147% | -6,6 k € | +49.1% | -12,9 k € | -398% | -2,6 k € | +47.1% | -4,9 k € | -165% | 7,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 208,3 k € | +0.9% | 206,4 k € | +0.3% | 205,8 k € | +3.0% | 199,9 k € | +4.6% | 191 k € | +7.5% | 177,6 k € | +12.1% | 158,4 k € | -8.0% | 172,1 k € | +17.4% | 146,6 k € | +4.4% | 140,4 k € | -0.6% | 141,2 k € | +75.0% | 80,7 k € | +332% | 18,7 k € | +301% | -9,3 k € | +19.5% | -11,6 k € | +21.0% | -14,6 k € | -81.1% | -8,1 k € | +67.9% | -25,2 k € | -11.4% | -22,6 k € | -27.6% | -17,7 k € |
| Total assets | 277,4 k € | +1.9% | 272,2 k € | -12.6% | 311,3 k € | -7.0% | 334,7 k € | -13.2% | 385,7 k € | +1.1% | 381,7 k € | +10.3% | 346,1 k € | +6.3% | 325,5 k € | +0.1% | 325,2 k € | +1.9% | 319,2 k € | +20.6% | 264,6 k € | +49.7% | 176,7 k € | +62.0% | 109,1 k € | +13.3% | 96,3 k € | -5.4% | 101,7 k € | +8.4% | 93,9 k € | -13.9% | 109 k € | -1.9% | 111,1 k € | -7.2% | 119,7 k € | -21.5% | 152,4 k € |
| Cash | 1,6 € | -99.9% | 1,5 k € | +310% | 370,3 € | -91.6% | 4,4 k € | – | – | – | – | 1,3 k € | – | 1,2 k € | – | – | – | – | 39,9 € | -43.9% | 71,1 € | -84.8% | 467,3 € | +954% | 44,3 € | -92.9% | 627 € | ||||||||||||
| Debts | 68,7 k € | +5.1% | 65,4 k € | -37.4% | 104,4 k € | -22.2% | 134,1 k € | -31.0% | 194,3 k € | -4.8% | 204 k € | +8.7% | 187,7 k € | +22.4% | 153,3 k € | -14.1% | 178,6 k € | -0.1% | 178,8 k € | +44.9% | 123,4 k € | +28.5% | 96 k € | +6.2% | 90,4 k € | -12.3% | 103,1 k € | -7.0% | 110,8 k € | +2.1% | 108,5 k € | -7.3% | 117,1 k € | -14.1% | 136,3 k € | -4.2% | 142,3 k € | -16.4% | 170,2 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Michel ERMANS
ActiveEnded mandates
Michel ERMANS
EndedMichel ERMANS
EndedMurielle SIMON
EndedMurielle SIMON
EndedFinancials
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 | 14/04/2026 | 28/07/2025 | 24/06/2024 | 27/07/2023 | 31/08/2022 | 30/07/2021 |
| General meeting | 13/04/2026 | 30/06/2025 | 31/05/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 13/04/2026 | 14/04/2026 | French | |
| Micro model | 31/12/2024 | 30/06/2025 | 28/07/2025 | French | |
| Micro model | 31/12/2023 | 31/05/2024 | 24/06/2024 | French | |
| Micro model | 31/12/2022 | 30/06/2023 | 27/07/2023 | French | |
| Micro model | 31/12/2021 | 30/06/2022 | 31/08/2022 | French | |
| Micro model | 31/12/2020 | 30/06/2021 | 30/07/2021 | French | |
| Micro modelCorrection | 31/12/2019 | 30/06/2020 | 31/07/2020 | French | |
| Micro model | 31/12/2019 | 30/06/2020 | 16/07/2020 | French | |
| Micro model | 31/12/2018 | 30/06/2019 | 31/07/2019 | French | |
| Micro model | 31/12/2017 | 30/06/2018 | 25/07/2018 | French | |
| Micro model | 31/12/2016 | 30/06/2017 | 28/07/2017 | French | |
| Abridged model | 31/12/2015 | 30/06/2016 | 20/09/2016 | French | |
| Abridged model | 31/12/2014 | 04/06/2015 | 31/07/2015 | French | |
| Abridged model | 31/12/2013 | 06/06/2014 | 27/06/2014 | French | |
| Abridged model | 31/12/2012 | 06/06/2013 | 25/06/2013 | French | |
| Abridged model | 31/12/2011 | 07/06/2012 | 26/09/2012 | French | |
| Abridged model | 31/12/2010 | 02/06/2011 | 29/08/2011 | French | |
| Abridged model | 31/12/2009 | 15/06/2010 | 21/06/2010 | French | |
| Abridged model | 31/12/2008 | 30/06/2009 | 15/07/2009 | French | |
| Abridged model | 31/12/2007 | 02/01/2008 | 28/07/2008 | French | |
| Abridged model | 31/12/2006 | 30/06/2007 | 31/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Michel ERMANS
ActiveEnded mandates
Michel ERMANS
EndedMichel ERMANS
EndedMurielle SIMON
EndedMurielle SIMON
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,9 k €↑
- 2024Annual accounts 2024565,3 €↓
- 2023Annual accounts 20236 k €↓
- 2022Annual accounts 20228,9 k €↓
- 2021Annual accounts 202113,4 k €↓
- 2020Annual accounts 202019,2 k €↑
- 2019Annual accounts 201911,3 k €↓
- 2018Annual accounts 201825,5 k €↑
- 2017Annual accounts 201724,5 k €↑
- 2016Annual accounts 201617,5 k €↓
- 2015Annual accounts 201560,5 k €↓
- 2014Annual accounts 201462 k €↑
- 2013Annual accounts 201328 k €↑
- 2012Annual accounts 20122,3 k €↓
- 2011Annual accounts 20113,1 k €↑
- 2010Annual accounts 2010-6,6 k €↑
- 2009Annual accounts 2009-12,9 k €↓
- 2008Annual accounts 2008-2,6 k €↑
- 2007Annual accounts 2007-4,9 k €↓
- 2006Annual accounts 20067,6 k €
- 20/12/1991IncorporationPrivate company with limited liability