ACTIVE

C2F1

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Financial year 2025 · closed on 31/12/2025
Net result
-7,9 M €
-41.0% YoY
Revenue
6,9 M €
+13.6% YoY
Equity
122,3 M €
-6.1% YoY
Workforce
30,1 ETP
-4.1% YoY

What does C2F1 do?

C2F1 is a Public limited company incorporated in 2020. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Temse. It employs on average 30,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0744.436.002
Incorporation
25/02/2020
Legal form
Public limited company
Registered office
Frank Van Dyckelaan 15
9140 Temse · FlandreSee on map
Contributed capital
141 922 600,00 €
Latest accounts
31/12/2025
Average workforce
30,1 ETP
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.64200Activities of holding companies64210Activities of holding companies
Joint committees (1)
  • 200
Signals
Solid equityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue6,9 M €6,1 M €4,5 M €3,4 M €–
EBITDA-5,8 M €-3,2 M €-2,6 M €-533,5 k €-12,9 k €
Operating result-10 M €-9,5 M €-10 M €-538,5 k €-14,2 k €
Net result-7,9 M €-5,6 M €-7,2 M €1,1 M €-14,2 k €
Balance sheet
Equity122,3 M €130,2 M €135,8 M €143,1 M €141,9 M €
Total assets341,2 M €360,7 M €312,7 M €324,7 M €141,9 M €
Cash10,1 M €15 M €6,3 M €1,3 M €12 k €
Debts214,5 M €230,1 M €176,4 M €181,4 M €11,8 k €
Other
Workforce30,1 ETP31,4 ETP31,8 ETP24,8 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Aurélie Cordeel

Director · since 02 février 2026 · until 01 février 2032

Active
Filip Cordeel

Director · since 02 février 2026 · until 01 février 2032

Active

Ended mandates

Erik Groes

Director · since 12 juin 2024 · until 06 janvier 2025

Ended
Erik Groes

Director · since 12 juin 2024 · until 12 juin 2030

Ended
Aurélie Cordeel

Director · since 17 juillet 2023 · until 17 juillet 2029

Ended
Nova LaGa

Director · since 14 décembre 2020 · until 12 juin 2024 · 0563.544.462

Represented by Laurence Gacoin

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202225/02/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months23 months
Filing date22/07/202623/06/202526/09/202428/12/202309/08/2022
General meeting30/06/202610/06/202509/09/202407/12/202310/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202622/07/2026DutchPDF
Full model31/12/202410/06/202523/06/2025DutchPDF
m120-f-p31/12/202430/06/202515/07/2025DutchPDF
Full model31/12/202309/09/202426/09/2024DutchPDF
m120-f-p31/12/202330/08/202402/09/2024DutchPDF
Full modelCorrection31/12/202207/12/202328/12/2023DutchPDF
Full model31/12/202230/06/202331/07/2023DutchPDF
Full model31/12/202110/06/202209/08/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 2 active · 8 ended

Active mandates

Aurélie Cordeel

Director · since 02 février 2026 · until 01 février 2032

Active
Filip Cordeel

Director · since 02 février 2026 · until 01 février 2032

Active

Ended mandates

Erik Groes

Director · since 12 juin 2024 · until 06 janvier 2025

Ended
Erik Groes

Director · since 12 juin 2024 · until 12 juin 2030

Ended
Aurélie Cordeel

Director · since 17 juillet 2023 · until 17 juillet 2029

Ended
Nova LaGa

Director · since 14 décembre 2020 · until 12 juin 2024 · 0563.544.462

Represented by Laurence Gacoin

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other02/07/2026
    —
    PDF
  • Mandates07/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring01/03/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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. 02/02/2026
    reconductionFilip Cordeel — bestuurder
  2. 02/02/2026
    reconductionCordeel Aurélie — bestuurder
  3. 2025
    Annual accounts 2025-7,9 M €↓
  4. 01/04/2025
    nominationCORDEEL Filip — bijzondere gevolmachtigde
  5. 01/04/2025
    nominationCORDEEL Aurélie — bijzondere gevolmachtigde
  6. 01/04/2025
    nominationVRIESACKER Wim — bijzondere gevolmachtigde
  7. 01/04/2025
    nominationGORIS Philip — bijzondere gevolmachtigde
  8. 01/04/2025
    nominationPOTS Maaike — bijzondere gevolmachtigde
  9. 01/04/2025
    nominationArianne Vervliet — bijzondere gevolmachtigde voor publicatie
  10. 2024
    Annual accounts 2024-5,6 M €↑
  11. 12/06/2024
    nominationGROES Erik — bestuurder
  12. 2023
    Annual accounts 2023-7,2 M €↓
  13. 17/07/2023
    nominationCORDEEL Aurélie — bestuurder
  14. 01/01/2023
    nominationFrank Huybrechts — commissaris
  15. 2022
    Annual accounts 20221,1 M €↑
  16. 2021
    Annual accounts 2021-14,2 k €
  17. 25/02/2020
    IncorporationPublic limited company