OPENING OF BANKRUPTCY

C3 SYSTEM

Export PDF
Financial year 2021 · closed on 31/03/2021
Net result
-216,6 k €
+41.1% YoY
Gross margin
-47,3 k €
+67.6% YoY
Equity
-1,7 k €
-100.8% YoY
Workforce
163 426,0 ETP
-16.9% YoY

Company — Opening of bankruptcy.

What does C3 SYSTEM do?

C3 SYSTEM is a Private company with limited liability incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Bruxelles. It employs on average 163 426,0 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0837.843.933
Incorporation
13/07/2011
Legal form
Private company with limited liability
Registered office
Rue des Colonies 11
1000 Bruxelles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/03/2021
Average workforce
163 426,0 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62030Computer facilities management activities62200Computer programming, consultancy and related activities63120Web portals+1
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202120202019201820172016201520142013
Income statement
Gross margin-47,3 k €-146,3 k €-9 k €414 k €1,1 M €351,8 k €321,3 k €232,3 k €120,5 k €
EBITDA-215,4 k €-351,6 k €-208,3 k €156,8 k €818,2 k €119,5 k €119,4 k €147,5 k €114,2 k €
Operating result-215,4 k €-367,3 k €-223,9 k €134,3 k €795,8 k €97 k €94,9 k €122,5 k €48,4 k €
Net result-216,6 k €-367,9 k €-287,6 k €76,5 k €594,2 k €56,6 k €47 k €66,2 k €23,7 k €
Balance sheet
Equity-1,7 k €214,9 k €582,9 k €870,5 k €793,9 k €199,7 k €143,1 k €96,1 k €29,9 k €
Total assets1,8 M €1,2 M €1,5 M €1,5 M €1,4 M €921,4 k €814,4 k €602,9 k €633,6 k €
Cash294,6 k €360,7 k €484,4 k €308,8 k €316,3 k €509,9 k €389,6 k €72,2 k €299 €
Debts1,8 M €1 M €947,4 k €655,7 k €620,4 k €720,3 k €670,8 k €504,9 k €602,7 k €
Other
Workforce163 426,0 ETP196 636,5 ETP196 875,0 ETP––4,0 ETP3,0 ETP1,0 ETP–
Governance

Board of directors

Seen on filing of 31/03/2019 · 2 active · 1 ended

Active mandates

Ravi KAUSHIK

Mandate

Active
Ravi KAUSIK

Mandate

Active

Ended mandates

RAVI KAUSHIK

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
ABC CONSULTING & SERVICES● Active
1013.498.956
ACUARELLA● Active
0453.698.001
Adnan Sakli & 8217● Active
0742.951.605
ADSUM● Active
0878.960.352
Aerneo● Active
1008.982.023
AGLT 2024● Active
1010.723.964
AJ Invest Holding● Active
1037.068.471
AJ Invest Immo● Active
1037.276.329
A.J RENOVA● Active
0786.292.490
AJ SRL● Active
0748.911.660
Aktrion Automotive Services● Bankrupt
1009.425.055
Aktrion BeNeLux● Bankrupt
0763.313.091
Aktrion Logistics & Compound Services● Bankrupt
1009.425.253
Aktrion Production & Inspection Services● Bankrupt
1009.428.223
ALIMAX REAL ESTATE● Active
0668.595.858
ALJASEM● Bankrupt
0729.740.205
ALOHA - LEARNING CENTER● Active
0799.972.064
ALVORIS TRADE● Active
1029.875.427
AMVS Global● Active
1021.175.517
ANDREA GUATI ROJO CONSULTING● Active
1033.875.785
Annual accounts

Full financial information

202120202019201820172016
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelAbridged model
Start of the financial year01/04/202001/04/201901/04/201801/04/201701/04/201601/04/2015
Closing of the financial year31/03/202131/03/202031/03/201931/03/201831/03/201731/03/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/12/202115/12/202115/12/202112/06/201910/06/201914/11/2016
General meeting01/12/202101/12/202101/12/202107/09/201808/09/201716/09/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202101/12/202115/12/2021FrenchPDF
Abridged model31/03/202001/12/202115/12/2021FrenchPDF
Abridged model31/03/201901/12/202115/12/2021FrenchPDF
Micro model31/03/201928/11/201929/11/2019FrenchPDF
Micro model31/03/201807/09/201812/06/2019FrenchPDF
Micro model31/03/201708/09/201710/06/2019FrenchPDF
Abridged model31/03/201616/09/201614/11/2016FrenchPDF
Abridged model31/03/201528/10/201527/11/2015FrenchPDF
Abridged model31/03/201415/06/201502/12/2015FrenchPDF
Abridged model31/03/201325/02/201403/03/2014FrenchPDF
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 31/03/2019 · 2 active · 1 ended

Active mandates

Ravi KAUSHIK

Mandate

Active
Ravi KAUSIK

Mandate

Active

Ended mandates

RAVI KAUSHIK

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office31/03/2015
    SIEGE SOCIAL
    PDF
  • Other26/07/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2021
    Annual accounts 2021-216,6 k €↑
  2. 2020
    Annual accounts 2020-367,9 k €↓
  3. 2019
    Annual accounts 2019-287,6 k €↓
  4. 2018
    Annual accounts 201876,5 k €↓
  5. 2017
    Annual accounts 2017594,2 k €↑
  6. 2016
    Annual accounts 201656,6 k €↑
  7. 2015
    Annual accounts 201547 k €↓
  8. 2014
    Annual accounts 201466,2 k €↑
  9. 2013
    Annual accounts 201323,7 k €
  10. 13/07/2011
    IncorporationPrivate company with limited liability