Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
C-FIRE from Temse, company number BE0415201669, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year C-FIRE recorded a gross margin of € 535,397 and equity of € -903,557. Compared with financial year 2024, the result moved from € -1.7 million to € -1.9 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ -903,557
▲ € 3.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.9 million
▼ 12 % more loss than in 2024
Profit after tax over the fiscal year.
€ 250,245
▲ € 196,538 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12.3 million.
People and assets in 2025
17.6
▲ 11.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 168% vs 2024
€ 87,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 2.6 million
▲ 9% vs 2024
€ 576,667 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 426,838
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 310,282
▲ € 265,745 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 196,958 | € -427,667 | € -339,694 | € 535,397 | ▲ € 875,092 |
| Profit after taxes | € -420,732 | € -1,656,081 | € -1,685,025 | € -1,882,716 | ▼ € 197,691 |
| Equity | € -1,379,734 | € -3,035,815 | € -4,720,840 | € -903,557 | ▲ € 3.8 million |
| Total debts | € 4,395,512 | € 5,982,738 | € 8,004,470 | € 5,057,690 | ▼ 37% |
| Cash | € 25,159 | € 26,298 | € 53,707 | € 250,245 | ▲ € 196,538 |
| Land & buildings | € 1,451,941 | € 1,339,858 | € 1,331,735 | € 1,208,990 | ▼ 9% |
| Retained profit | € -7,070,720 | € -8,726,802 | € -10,411,827 | € -12,294,543 | ▼ € 1.9 million |
| Bank debt | € 3,024,156 | € 2,547,778 | € 2,374,261 | € 2,594,444 | ▲ 9% |
| Balance sheet total | € 3,044,154 | € 2,964,546 | € 3,316,996 | € 4,220,133 | ▲ 27% |
| Employees (FTE) | 5.2 | 4.7 | 6.4 | 17.6 | ▲ 11.2 |
Key figures of C-FIRE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to C-FIRE?
What happened at C-FIRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nova Laga BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.9 million. Source: NBB ↗
- Nova Laga BV became a director. NBB
- New establishment in Temse. KBO
- Start of the company according to the CBE. KBO
In short
From € 420,732 loss in 2022 to € 1.9 million loss in 2025.
Paid € 2,369 in corporate taxes since 2022.
On average € 30,400 of value added per employee in 2025.
Management
The stake of C2F1 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
C-FIREThe shares are held by C2F1 (100%).
Directors
According to the 2025 annual accounts
Director · represented by Laurence Gacoin
Also active at: C-LIVING, SOBELTEC, IMMO MOTCHES, C-Energy, VITA HORECA TEMSE, CORDEEL GROUP, VLAECO, Immo Cordeel-Aertssen +37 more
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Frank Van Dyckelaan 15
9140 Temse
Frank Van Dyckelaan 3
9140 Temse
Active since 2 March 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →C-LIVING same network
€ 3.3 million revenue · 2025
C-Energy same network
€ 1 million gross margin · 2025
CORDEEL GROUP same network
€ 10 million revenue · 2025
C-Ground same network
€ -1.5 million gross margin · 2025
C-RENTAL same network
€ 18 million revenue · 2025
+23 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.201.669
- VAT number
- BE 0415.201.669
- Registered office
- Frank Van Dyckelaan 15, 9140 Temse
- Names & denominations
- C-FIRE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 1975
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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