Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.3 to 6.3.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
C-NEST from Deinze, company number BE0676920438, closed financial year 2025 with a result of € 599,576 after tax. For that financial year C-NEST recorded a gross margin of € 1.8 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 642,608 to € 599,576. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2026.
€ 3.8 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 599,576
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 562,666
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.5 million.
People and assets in 2025
6.3
▼ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 753,683
▼ 4% vs 2024
€ 119,600 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.
€ 47,273
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▲ 8% vs 2024
€ 111,800 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 903,115
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 155,607
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,687,546 | € 2,459,689 | € 1,811,599 | € 1,750,997 | ▼ 3% |
| Profit after taxes | € 457,965 | € 975,431 | € 642,608 | € 599,576 | ▼ 7% |
| Equity | € 1,640,555 | € 2,592,236 | € 3,234,844 | € 3,834,421 | ▲ 19% |
| Total debts | € 2,666,089 | € 5,187,354 | € 5,066,255 | € 5,102,261 | ▲ 1% |
| Cash | € 885,012 | € 723,870 | € 1,123,656 | € 562,666 | ▼ 50% |
| Retained profit | € 1,340,555 | € 2,292,236 | € 2,934,844 | € 3,534,421 | ▲ 20% |
| Bank debt | € 1,070,309 | € 1,130,317 | € 2,263,733 | € 2,444,173 | ▲ 8% |
| Balance sheet total | € 4,306,644 | € 7,779,590 | € 8,301,099 | € 8,936,682 | ▲ 8% |
| Employees (FTE) | 9.5 | 9.3 | 8.1 | 6.3 | ▼ 1.8 |
Key figures of C-NEST, 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-NEST?
What happened at C-NEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 599,576 (▼ 7% vs 2024). Source: NBB ↗
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 457,965 profit in 2022 to € 599,576 profit in 2025.
Paid € 956,029 in corporate taxes since 2022.
Best year ever: 2023, with € 975,431 profit.
On average € 277,900 of value added per employee in 2025.
A new publication or filing at C-NEST? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of VEERLE PATTYN LANGUAGE SERVICES, MMH FUTURUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
C-NESTBehind C-NEST is Craeynest Finance BV. The shares are held by VEERLE PATTYN LANGUAGE SERVICES (70%) and MMH FUTURUM (30%).
Directors
According to the 2025 annual accounts
Director · represented by Harm Craeynest
Also active at: EPSILON INVEST, CONSTRUCTIS, FUNDA-C, Ground C, FUTURUM GRONDONTWIKKELING, TERRA NULLIUS GRONDONTWIKKELING, HADRIGO
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kouter 53
9800 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →EPSILON INVEST same network
€ 429,825 gross margin · 2025
CONSTRUCTIS same network
€ 79,120 gross margin · 2025
FUNDA-C same network
€ 132,608 gross margin · 2025
VINCENTIUS
WATERKASTEELHOF
+8 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
- 0676.920.438
- VAT number
- BE 0676.920.438
- Registered office
- Kouter 53, 9800 Deinze
- Names & denominations
- C-NEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2017
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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