ACTIVE

C-Ground

Financial year 2025 · closed on 31/12/2025
Net result
7,1 k €
+100.5% YoY
Gross margin
-1,5 M €
+26.3% YoY
Equity
-8,4 M €
+0.1% YoY
Workforce
1,0 ETP
0.0% YoY

What does C-Ground do?

C-Ground is a Public limited company incorporated in 2002. Its main activity is: Remediation activities and other waste management services. Its registered office is in Temse. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.733.413
Incorporation
12/06/2002
Legal form
Public limited company
Registered office
Frank Van Dyckelaan 15
9140 Temse · FlandreSee on map
Contributed capital
4 215 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212009200820072006
Income statement
Gross margin-1,5 M €-2 M €-1,5 M €2,1 M €537 k €418,7 k €-531,3 k €-653 €-3,1 k €
EBITDA-1,7 M €-2,2 M €-1,9 M €2 M €363,5 k €147,1 k €-670 k €-1 k €-3,5 k €
Operating result150,5 k €-1,5 M €-280,5 k €541,7 k €8,9 k €116 k €-681 k €-1,2 k €-3,8 k €
Net result7,1 k €-1,5 M €-229,6 k €550,4 k €28,3 k €98,3 k €-682 k €-1,2 k €-3,9 k €
Balance sheet
Equity-8,4 M €-8,4 M €-6,9 M €-6,7 M €-7,2 M €-233,8 k €-632,1 k €49,9 k €51,1 k €
Total assets5,4 M €5,5 M €8,2 M €8,3 M €8,7 M €1,8 M €2,2 M €50,1 k €51,9 k €
Cash215,9 k €53 k €133,7 k €66,8 k €566,9 k €317,1 k €121,8 k €50,1 k €51,2 k €
Debts4,3 M €2,2 M €2,4 M €361,6 k €241,8 k €2 M €2,1 M €235 €816 €
Other
Workforce1,0 ETP1,0 ETP1,6 ETP2,0 ETP4,6 ETP3,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 28 ended

Active mandates

C-Energy

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0456.904.543

Represented by Filip CORDEEL

Active
Nova LaGa

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0563.544.462

Represented by Laurence GACOIN

Active

Ended mandates

C-Energy

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0456.904.543

Represented by Filip Cordeel

Ended
Nova LaGa

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0563.544.462

Represented by Laurence Gacoin

Ended
Nova LaGa

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0563.544.462

Represented by Laurence Gacoin

Ended
Ballast Nedam Environmental Engineering B.V. BU

Director · since 01 janvier 2020 · until 18 mai 2022

Represented by Sander Ruben Lefevre

Ended
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Annual accounts

Full financial information

202520242023202220212019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/01/202001/01/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202131/12/2019
Length of the financial year12 months12 months15 months12 months21 months12 months
Filing date09/07/202623/06/202515/07/202427/10/202319/04/202220/05/2020
General meeting30/06/202620/06/202528/06/202416/10/202318/03/202230/04/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202609/07/2026DutchPDF
Abridged model31/12/202420/06/202523/06/2025DutchPDF
Abridged model31/12/202328/06/202415/07/2024DutchPDF
Abridged model30/09/202216/10/202327/10/2023DutchPDF
Abridged model30/09/202118/03/202219/04/2022DutchPDF
Abridged model31/12/201930/04/202020/05/2020DutchPDF
Abridged model31/12/201826/06/201909/10/2019DutchPDF
Abridged model31/12/201724/10/201809/11/2018DutchPDF
Abridged model31/12/201618/09/201730/11/2017DutchPDF
Full model31/12/201530/06/201629/07/2016DutchPDF
Full model31/12/201428/09/201530/09/2015DutchPDF
Full model31/12/201302/10/201404/11/2014DutchPDF
Full model31/12/201230/06/201325/11/2013DutchPDF
Full model31/12/201130/06/201230/07/2012DutchPDF
Full model31/12/201030/06/201130/07/2011DutchPDF
Abridged model31/12/200930/06/201031/08/2010DutchPDF
Abridged model31/12/200830/06/200931/08/2009DutchPDF
Abridged model31/12/200730/06/200805/08/2008DutchPDF
Abridged model31/12/200616/05/200720/07/2007DutchPDF
Estimate

Indicative valuation

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 · 2 active · 28 ended

Active mandates

C-Energy

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0456.904.543

Represented by Filip CORDEEL

Active
Nova LaGa

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0563.544.462

Represented by Laurence GACOIN

Active

Ended mandates

C-Energy

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0456.904.543

Represented by Filip Cordeel

Ended
Nova LaGa

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0563.544.462

Represented by Laurence Gacoin

Ended
Nova LaGa

Director · since 03 décembre 2020 · until 03 décembre 2026 · 0563.544.462

Represented by Laurence Gacoin

Ended
Ballast Nedam Environmental Engineering B.V. BU

Director · since 01 janvier 2020 · until 18 mai 2022

Represented by Sander Ruben Lefevre

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/09/2024
    KAPITAAL - AANDELEN
    PDF
  • Other08/05/2023
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates06/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Capital / shares09/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates22/10/2020
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 20257,1 k €
  2. 2024
    Annual accounts 2024-1,5 M €
  3. 2023
    Annual accounts 2023-229,6 k €
  4. 2022
    Annual accounts 2022550,4 k €
  5. 2021
    Annual accounts 202128,3 k €
  6. 2021
    Name changeC-Ground
  7. 2009
    Annual accounts 200998,3 k €
  8. 2008
    Annual accounts 2008-682 k €
  9. 2007
    Annual accounts 2007-1,2 k €
  10. 2007
    Name changeBallast Nedam Environmental Engineering
  11. 2006
    Annual accounts 2006-3,9 k €
  12. 2006
    Name changeBALLAST NEDAM IPM BEHEER
  13. 12/06/2002
    IncorporationPublic limited company