ACTIVE

INNOVATION C 2

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Financial year 2025 · closed on 31/12/2025

Net result

20,1 M €

+265.5% YoY

Revenue

2,3 M €

-40.4% YoY

Equity

26,2 M €

+335.6% YoY

Workforce

3,3 ETP

-45.0% YoY

What does INNOVATION C 2 do?

INNOVATION C 2 is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Hamme (Vl.). It employs on average 3,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0882.308.535

Incorporation

05/07/2006

Legal form

Private limited company

Registered office

Kanunnik De Meyerlaan 23
9220 Hamme (Vl.) · FlandreSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Average workforce

3,3 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2023		2022		2021		2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	2,3 M €	-40.4%	3,8 M €	+136%	1,6 M €	-0.3%	1,6 M €	+40.9%	1,2 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	181,7 k €	+110%	86,5 k €	-73.5%	326,3 k €	+21.8%	268 k €	-9.2%	295,2 k €	-45.4%	540,4 k €	+56.1%	346,2 k €	-7.0%	372,3 k €	+44.8%	257,2 k €	+0.1%	256,9 k €	-48.6%	499,9 k €	-35.9%	779,4 k €	+39.8%	557,7 k €	+67.4%	333,1 k €	+210%	107,4 k €	+226%	33 k €	-29.3%	46,6 k €
Operating result	111,6 k €	+29.0%	86,5 k €	-73.0%	320,4 k €	+20.9%	265 k €	-9.8%	293,8 k €	-45.5%	538,5 k €	+56.6%	343,9 k €	-6.1%	366,2 k €	+45.5%	251,7 k €	+0.6%	250,1 k €	-49.2%	492,6 k €	-36.1%	771 k €	+39.9%	551,2 k €	+71.6%	321,3 k €	+232%	96,8 k €	+338%	22,1 k €	-29.6%	31,4 k €
Net result	20,1 M €	+266%	5,5 M €	+384%	1,1 M €	+923%	111,1 k €	+747%	13,1 k €	-93.9%	215,9 k €	+77.3%	121,8 k €	+2.1%	119,3 k €	+91.1%	62,4 k €	-1.6%	63,4 k €	-62.0%	167,1 k €	-75.6%	684,8 k €	+175%	249 k €	-81.1%	1,3 M €	+2546%	49,8 k €	+504%	8,2 k €	-58.0%	19,6 k €
Balance sheet
Equity	26,2 M €	+336%	6 M €	+1071%	513,4 k €	-62.7%	1,4 M €	+8.8%	1,3 M €	+1.0%	1,3 M €	-45.4%	2,3 M €	+5.6%	2,2 M €	-3.5%	2,2 M €	+0.6%	2,2 M €	+0.2%	2,2 M €	-1.9%	2,3 M €	+36.2%	1,7 M €	+11.2%	1,5 M €	+1691%	83,9 k €	+146%	34,1 k €	+31.9%	25,8 k €
Total assets	27,2 M €	+268%	7,4 M €	-14.5%	8,6 M €	-1.4%	8,8 M €	+3.9%	8,4 M €	-0.7%	8,5 M €	+0.5%	8,4 M €	+2.3%	8,3 M €	-2.5%	8,5 M €	+1.1%	8,4 M €	+1.9%	8,2 M €	+0.9%	8,2 M €	-1.6%	8,3 M €	-1.4%	8,4 M €	+3968%	206,5 k €	+51.7%	136,1 k €	+24.1%	109,7 k €
Cash	–		0 €	-100%	333,4 k €	-10.1%	370,9 k €	+124%	165,9 k €	+110%	79 k €	-73.5%	297,9 k €	+209%	96,4 k €	-46.7%	180,8 k €	+65.0%	109,6 k €	+60.6%	68,2 k €	-47.0%	128,7 k €	+10.9%	116 k €	-55.5%	260,7 k €	+66.6%	156,5 k €	+85.2%	84,5 k €	+71.1%	49,4 k €
Debts	942,1 k €	-31.9%	1,4 M €	-82.8%	8,1 M €	+9.7%	7,3 M €	+3.7%	7,1 M €	+5.8%	6,7 M €	+17.6%	5,7 M €	-3.0%	5,9 M €	-3.8%	6,1 M €	+4.1%	5,9 M €	+2.1%	5,7 M €	+0.7%	5,7 M €	-13.4%	6,6 M €	-4.1%	6,9 M €	+7314%	92,6 k €	+28.6%	72 k €	-14.1%	83,9 k €
Other
Workforce	3,3 ETP	-45.0%	6,0 ETP	+131%	2,6 ETP	-23.5%	3,4 ETP	-22.7%	4,4 ETP	-10.2%	4,9 ETP	-3.9%	5,1 ETP	-5.6%	5,4 ETP	-8.5%	5,9 ETP	+11.3%	5,3 ETP	-10.2%	5,9 ETP	-7.8%	6,4 ETP	+77.8%	3,6 ETP	+260%	1,0 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 30/06/2022 · 2 active · 2 ended

Active mandates

Hilde Cloostermans-Huwaert

Director

Active

Philip Corens

Director

Active

Ended mandates

Hilde Cloostermans-Huwaert

Manager

Ended

Philip Corens

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
D. Cloostermans-Huwaert● Active	0406.873.923

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Consolidated accounts	Consolidated accounts
Start of the financial year	01/01/2025	01/01/2024	01/07/2022	01/07/2021	01/07/2020	07/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	18 months	12 months	12 months	18 months
Filing date	04/06/2026	30/04/2025	23/04/2024	16/09/2022	19/08/2022	20/04/2021
General meeting	27/03/2026	27/03/2025	27/03/2024	06/09/2022	30/12/2021	28/12/2020
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/03/2026	04/06/2026	Dutch	PDF
Full model	31/12/2024	27/03/2025	30/04/2025	Dutch	PDF
Full model	31/12/2023	27/03/2024	23/04/2024	Dutch	PDF
Full model	30/06/2022	06/09/2022	16/09/2022	Dutch	PDF
Consolidated accounts	30/06/2022	30/09/2022	30/01/2023	Dutch	PDF
Full model	30/06/2021	30/12/2021	28/01/2022	Dutch	PDF
Consolidated accounts	30/06/2021	30/12/2021	19/08/2022	Dutch	PDF
Full model	30/06/2020	28/12/2020	29/01/2021	Dutch	PDF
Consolidated accounts	30/06/2020	28/12/2020	20/04/2021	Dutch	PDF
Abridged model	30/06/2019	13/12/2019	29/01/2020	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	29/09/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	03/10/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	29/08/2008	Dutch	PDF

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 30/06/2022 · 2 active · 2 ended

Active mandates

Hilde Cloostermans-Huwaert

Director

Active

Philip Corens

Director

Active

Ended mandates

Hilde Cloostermans-Huwaert

Manager

Ended

Philip Corens

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other22/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates05/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 202520,1 M €↑
2023
Annual accounts 20235,5 M €↑
2022
Annual accounts 20221,1 M €↑
2022
Name changeINNOVATION C2
2021
Annual accounts 2021111,1 k €↑
2020
Annual accounts 202013,1 k €↓
2019
Annual accounts 2019215,9 k €↑
2017
Annual accounts 2017121,8 k €↑
2016
Annual accounts 2016119,3 k €↑
2015
Annual accounts 201562,4 k €↓
2014
Annual accounts 201463,4 k €↓
2013
Annual accounts 2013167,1 k €↓
2012
Annual accounts 2012684,8 k €↑
2011
Annual accounts 2011249 k €↓
2010
Annual accounts 20101,3 M €↑
2009
Annual accounts 200949,8 k €↑
2008
Annual accounts 20088,2 k €↓
2007
Annual accounts 200719,6 k €
2007
Name changeINNOVATION C 2
05/07/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

INNOVATION C 2

Overview

What does INNOVATION C 2 do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline