ACTIVE

C2

Financial year 2025 · closed on 31/12/2025
Net result
64,9 k €
+246.3% YoY
Gross margin
465,7 k €
+49.9% YoY
Equity
107 k €
+130.9% YoY

What does C2 do?

C2 is a Private limited company incorporated in 2005. Its registered office is in De Panne.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0875.985.224
Incorporation
12/09/2005
Legal form
Private limited company
Registered office
Zeelaan 39 box 102
8660 De Panne · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 121
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin465,7 k €310,5 k €263,8 k €226,5 k €183,1 k €216 k €223,9 k €204,3 k €177 k €156,7 k €132,4 k €128,8 k €183,6 k €95,7 k €
EBITDA106,5 k €38 k €13,7 k €16,3 k €59,2 €32,9 k €23 k €14,6 k €-8,3 k €22,4 k €19,1 k €-5,3 k €-1,6 k €-9,4 k €
Operating result92,2 k €25,8 k €-6 k €2,6 k €-13 k €23,7 k €15,3 k €7,3 k €-13,3 k €17,9 k €16,8 k €-6,1 k €-2,2 k €-10 k €
Net result64,9 k €18,7 k €-5,9 k €2,1 k €-13,2 k €16,2 k €12,7 k €6,2 k €-13,9 k €12,5 k €16,5 k €-7,6 k €-2,6 k €-10,3 k €
Balance sheet
Equity107 k €46,3 k €28,4 k €35,2 k €33,9 k €47,1 k €31,7 k €19,9 k €14,5 k €28,3 k €20,9 k €4,3 k €11,9 k €14,5 k €
Total assets228 k €134,4 k €124,2 k €131,1 k €136,1 k €143,5 k €89,4 k €90 k €80,1 k €76,9 k €52,4 k €54 k €48,2 k €30,5 k €
Cash136,3 k €32,5 k €29,2 k €36,7 k €37,3 k €28,5 k €20,4 k €29 k €22,7 k €17,1 k €8,2 k €3,6 k €8,9 k €15,8 k €
Debts110,5 k €85,4 k €94,9 k €95,3 k €100 k €95,4 k €57,6 k €67,9 k €63,1 k €46,1 k €29,5 k €47,8 k €36,3 k €16,1 k €
Other
Workforce4,0 ETP5,3 ETP6,4 ETP3,6 ETP
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

GINA DESOT

Director · since 01 août 2014

Active

Ended mandates

GINA DESOT

Director · since 08 décembre 2023

Ended
GINA DESOT

Manager · since 01 août 2014

Ended
DIRK BALLEGEER

Manager · since 15 novembre 2012 · until 01 août 2014

Ended
Dirk Ballegeer

Manager · since 13 novembre 2012

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/08/202624/08/202505/07/202426/06/202316/07/202214/07/2021
General meeting30/06/202630/06/202526/06/202411/04/202312/04/202215/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202606/08/2026DutchPDF
Micro model31/12/202430/06/202524/08/2025DutchPDF
Micro model31/12/202326/06/202405/07/2024DutchPDF
Micro model31/12/202211/04/202326/06/2023DutchPDF
Micro model31/12/202112/04/202216/07/2022DutchPDF
Micro model31/12/202015/06/202114/07/2021DutchPDF
Micro model31/12/201915/09/202023/09/2020DutchPDF
Micro model31/12/201830/06/201929/07/2019DutchPDF
Micro model31/12/201730/06/201831/07/2018DutchPDF
Micro model31/12/201630/06/201717/07/2017DutchPDF
Abridged model31/12/201512/04/201629/07/2016DutchPDF
Abridged model31/12/201428/08/201530/09/2015DutchPDF
Abridged model31/12/201308/04/201425/07/2014DutchPDF
Abridged model31/12/201209/04/201330/08/2013DutchPDF
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

GINA DESOT

Director · since 01 août 2014

Active

Ended mandates

GINA DESOT

Director · since 08 décembre 2023

Ended
GINA DESOT

Manager · since 01 août 2014

Ended
DIRK BALLEGEER

Manager · since 15 novembre 2012 · until 01 août 2014

Ended
Dirk Ballegeer

Manager · since 13 novembre 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates20/08/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/01/2013
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates21/12/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2012
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/09/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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. 2025
    Annual accounts 202564,9 k €
  2. 2024
    Annual accounts 202418,7 k €
  3. 2023
    Annual accounts 2023-5,9 k €
  4. 2022
    Annual accounts 20222,1 k €
  5. 2021
    Annual accounts 2021-13,2 k €
  6. 2020
    Annual accounts 202016,2 k €
  7. 2019
    Annual accounts 201912,7 k €
  8. 2018
    Annual accounts 20186,2 k €
  9. 2017
    Annual accounts 2017-13,9 k €
  10. 2016
    Annual accounts 201612,5 k €
  11. 2015
    Annual accounts 201516,5 k €
  12. 2014
    Annual accounts 2014-7,6 k €
  13. 2013
    Annual accounts 2013-2,6 k €
  14. 2012
    Annual accounts 2012-10,3 k €
  15. 12/09/2005
    IncorporationPrivate limited company