ACTIVE

C3N

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Financial year 2025 · closed on 30/09/2025

Net result

5,3 M €

+101205.6% YoY

Gross margin

5,6 M €

+2474.7% YoY

Equity

6,3 M €

+544.5% YoY

What does C3N do?

C3N is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Vorselaar.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.787.683

Incorporation

07/01/2008

Legal form

Private limited company

Registered office

Fazantenlaan 24
2290 Vorselaar · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 62010Computer programming activities 62020Computer consultancy activities 62100Computer programming, consultancy and related activities 62200Computer programming, consultancy and related activities+6

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	5,6 M €	+2475%	215,7 k €	-11.6%	244 k €	+41.3%	172,7 k €	+8.4%	159,2 k €	+345%	35,8 k €	-86.0%	256,3 k €	-3.4%	265,2 k €	+18.1%	224,5 k €	+879%	22,9 k €	+117%	10,6 k €	-48.5%	20,6 k €	-29.7%	29,2 k €	+426%	-9 k €	-163%	14,2 k €	+9841%	-146 €	-104%	3,9 k €	+723%	470,5 €
EBITDA	5,5 M €	+2523%	211,2 k €	-12.1%	240,2 k €	+44.1%	166,7 k €	+6.1%	157,1 k €	+402%	31,3 k €	-87.6%	252,1 k €	-4.7%	264,5 k €	+19.0%	222,3 k €	+900%	22,2 k €	+138%	9,3 k €	-53.2%	19,9 k €	-30.1%	28,5 k €	+385%	-10 k €	-970%	-934 €	+82.6%	-5,4 k €	-240%	3,8 k €	+2421%	152,4 €
Operating result	5,4 M €	+5166%	103,3 k €	-28.6%	144,8 k €	+21.8%	118,8 k €	+10.2%	107,8 k €	+1526%	6,6 k €	-97.1%	225,6 k €	+5.6%	213,7 k €	+10.6%	193,2 k €	+1184%	15,1 k €	+77.3%	8,5 k €	-55.6%	19,1 k €	-21.7%	24,4 k €	+269%	-14,4 k €	-101%	-7,2 k €	+16.0%	-8,5 k €	-885%	1,1 k €	+260%	-679,4 €
Net result	5,3 M €	+101206%	5,3 k €	-98.2%	290,6 k €	+33.9%	217,1 k €	+204%	71,4 k €	+707%	-11,8 k €	-108%	146,2 k €	+8.6%	134,6 k €	+8.8%	123,6 k €	+1484%	7,8 k €	+450%	1,4 k €	-77.8%	6,4 k €	-67.0%	19,3 k €	+207%	-18,1 k €	-90.9%	-9,5 k €	-3.6%	-9,2 k €	-1303%	762 €	+212%	-682,8 €
Balance sheet
Equity	6,3 M €	+544%	981,6 k €	+0.5%	976,3 k €	+42.4%	685,6 k €	+46.3%	468,5 k €	+18.0%	397,1 k €	-2.9%	408,8 k €	+55.7%	262,6 k €	+105%	128,1 k €	+2795%	4,4 k €	+231%	-3,4 k €	+29.6%	-4,8 k €	+57.1%	-11,2 k €	+63.4%	-30,5 k €	-146%	-12,4 k €	-329%	-2,9 k €	-146%	6,3 k €	+13.8%	5,5 k €
Total assets	9 M €	+129%	3,9 M €	-1.0%	4 M €	+34.8%	3 M €	+31.7%	2,2 M €	+88.8%	1,2 M €	+4.4%	1,1 M €	-4.8%	1,2 M €	+100%	596,6 k €	+424%	113,8 k €	+19.0%	95,6 k €	+95.7%	48,8 k €	+2.8%	47,5 k €	-5.1%	50 k €	+3.0%	48,6 k €	+141%	20,2 k €	+70.0%	11,9 k €	+38.8%	8,5 k €
Cash	189,7 k €	+299%	47,5 k €	+934%	4,6 k €	-92.6%	62,4 k €	-72.1%	223,4 k €	+85.6%	120,3 k €	+287%	31,1 k €	-44.8%	56,4 k €	+21.7%	46,4 k €	+714%	5,7 k €	+281%	1,5 k €	+2625%	54,9 €	+33.8%	41 €	+78.3%	23 €		–		–		186 €	-94.9%	3,6 k €
Debts	2,7 M €	-9.1%	3 M €	-0.7%	3 M €	+31.9%	2,3 M €	+27.4%	1,8 M €	+124%	791,6 k €	+8.6%	728,9 k €	-21.8%	931,9 k €	+99.8%	466,3 k €	+338%	106,5 k €	+9.7%	97,1 k €	+87.0%	51,9 k €	-9.5%	57,3 k €	-25.6%	77 k €	+27.1%	60,6 k €	+169%	22,5 k €	+304%	5,6 k €	+84.4%	3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,6 ETP	0.0%	0,6 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Sedrine Bellens

Director · since 01 juillet 2020

Active

Roel Vaneerdewegh

Director · since 07 janvier 2008

Active

Ended mandates

Roel Vaneerdewegh

Manager · since 10 janvier 2009

Ended

Roel Vaneerdewegh

Director

Ended

Roel VANEERDEWEGH

Manager

Ended

Sedrine Bellens

Director

Ended

At this address

Other companies at this address

Company	CBE no.
The Tramplers● Active	1035.932.977

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/03/2026	25/03/2025	08/04/2024	24/04/2023	13/04/2022	19/04/2021
General meeting	19/02/2026	20/03/2025	21/03/2024	31/03/2023	17/03/2022	18/03/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	19/02/2026	11/03/2026	Dutch	PDF
Abridged model	30/09/2024	20/03/2025	25/03/2025	Dutch	PDF
Abridged model	30/09/2023	21/03/2024	08/04/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	24/04/2023	Dutch	PDF
Abridged model	30/09/2021	17/03/2022	13/04/2022	Dutch	PDF
Abridged model	30/09/2020	18/03/2021	19/04/2021	Dutch	PDF
Abridged model	30/09/2019	19/03/2020	20/03/2020	Dutch	PDF
Abridged model	30/09/2018	21/03/2019	22/03/2019	Dutch	PDF
Abridged model	30/09/2017	15/03/2018	16/03/2018	Dutch	PDF
Abridged model	30/09/2016	16/03/2017	17/03/2017	Dutch	PDF
Abridged model	30/09/2015	17/03/2016	18/03/2016	Dutch	PDF
Abridged model	30/09/2014	19/03/2015	20/03/2015	Dutch	PDF
Abridged model	30/09/2013	20/03/2014	21/03/2014	Dutch	PDF
Abridged model	30/09/2012	21/03/2013	22/03/2013	Dutch	PDF
Abridged model	30/09/2011	15/03/2012	16/03/2012	Dutch	PDF
Abridged model	30/09/2010	17/03/2011	18/03/2011	Dutch	PDF
Abridged model	30/09/2009	18/03/2010	19/03/2010	Dutch	PDF
Abridged model	30/09/2008	19/03/2009	15/05/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/09/2025 · 2 active · 4 ended

Active mandates

Sedrine Bellens

Director · since 01 juillet 2020

Active

Roel Vaneerdewegh

Director · since 07 janvier 2008

Active

Ended mandates

Roel Vaneerdewegh

Manager · since 10 janvier 2009

Ended

Roel Vaneerdewegh

Director

Ended

Roel VANEERDEWEGH

Manager

Ended

Sedrine Bellens

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring01/12/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN
PDF
Restructuring02/08/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates09/11/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office27/01/2009
WIJZIGING MAATSCHAPPELIJKE ZETEL
PDF
Other18/01/2008
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

2025
Annual accounts 20255,3 M €↑
2024
Annual accounts 20245,3 k €↓
2023
Annual accounts 2023290,6 k €↑
2022
Annual accounts 2022217,1 k €↑
2021
Annual accounts 202171,4 k €↑
2020
Annual accounts 2020-11,8 k €↓
2019
Annual accounts 2019146,2 k €↑
2018
Annual accounts 2018134,6 k €↑
2017
Annual accounts 2017123,6 k €↑
2016
Annual accounts 20167,8 k €↑
2015
Annual accounts 20151,4 k €↓
2014
Annual accounts 20146,4 k €↓
2013
Annual accounts 201319,3 k €↑
2012
Annual accounts 2012-18,1 k €↓
2011
Annual accounts 2011-9,5 k €↓
2010
Annual accounts 2010-9,2 k €↓
2009
Annual accounts 2009762 €↑
2008
Annual accounts 2008-682,8 €
07/01/2008
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

C3N

Overview

What does C3N do?

Trend over 18 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