CertiCat Solutions
ActiveThe computed 12-month bankruptcy probability of CertiCat Solutions is 1.8% (moderate). The 2025 annual accounts show equity of €90k and a net result of €29k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 40 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+26
Solvency100▲+3
Growth52=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.12 against 3.63 in 2024; short-term debt: 24.3% and cash: 47.9% of total assets), and 24.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 39
Relative position
BE, all sectors
reference
Sector 39
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.7%
Return on assets
24.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
14 d early
2024
31 d early
2023
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€90k▲ 44.3%
2024 · €62k
2023: €50k
2024: €62k
2023 → 2025
Total assets
€119k▲ 38.1%
2024 · €86k
2023: €74k
2024: €86k
2023 → 2025
Net result
€29k▲ 137%
2024 · €12k
2023: €44k
2024: €12k
2023 → 2025
Working capital
€90k▲ 44.3%
2024 · €62k
2023: €50k
2024: €62k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€50k-€62k▲ 24.7%€90k▲ 44.3%
Operating result€56k-€17k▼ 69.9%€37k▲ 119%
Net result€44k-€12k▼ 71.9%€29k▲ 137%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 119% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €119k
Equity
€90k▲ 44.3%
Debt
€29k▲ 21.8%
The debt ratio falls from 27.5% to 24.3%. Equity and debt are higher.
Key figures and ratios
Solvency
75.7%▲
2024 · 72.5%
Current ratio
4.12▲
2024 · 3.63
Quick ratio
4.12▲
2024 · 3.63
Debt / equity
0.32▼
2024 · 0.38
ROE
32.6%▲
2024 · 19.8%
ROA
24.6%▲
2024 · 14.4%
Debt
€29k▲
2024 · €24k
Debt ≤ 1 year
€29k▲
2024 · €24k
Income taxes
€9k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€86k€119k▲
Current assets29/58€86k€119k▲
Amounts receivable within one year40/41€53k€62k▲
Trade receivables40€52k€50k▼
Other amounts receivable41€930€11k▲
Cash at bank and in hand54/58€33k€57k▲
Deferred charges and accrued income490/1€339€279▼
Equity and liabilities
Total equity and liabilities10/49€86k€119k▲
Equity10/15€62k€90k▲
Contributions10/11€6k€6k=
Reserves13€56k€84k▲
Distributable reserves133€56k€84k▲
Amounts payable17/49€24k€29k▲
Amounts payable within one year42/48€24k€29k▲
Trade debts44€3k€9k▲
Suppliers440/4€3k€9k▲
Taxes, remuneration and social security45€20k€19k▼
Taxes450/3€20k€19k▼
Other amounts payable47/48-€2k
Income statement
Code20242025
Other operating charges640/8€709€731▲
Gross operating margin9900€18k€37k▲
Operating profit (loss)9901€17k€37k▲
Financial income75/76B€188€5k▲
Recurring financial income75€188€5k▲
Financial charges65/66B€456€4k▲
Recurring financial charges65€456€4k▲
Profit (loss) for the period before taxes9903€17k€38k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€12k€29k▲
Profit (loss) for the period to be appropriated9905€12k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€29k▲
Transfer to equity691/2€12k€28k▲
To other reserves6921€12k€28k▲
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼71.9%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wortegem-Petegem · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vijverhoek(W.) 289790 Wortegem-PetegemGround area
581 m²
Building footprint
116 m²
Volume, LiDAR
600 m³
Parcel 45055C0182/00W000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CertiCat Solutions
since 20232.341.399.955
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055C0182/00W000 | Flanders | 581 m² | 1 · 116 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,171 EUR awarded · 1,171 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 122 EUR | 122 EUR |
| 2024 | 1 | 216 EUR | 216 EUR |
| 2023 | 1 | 833 EUR | 833 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 251 companies in sector 39000 we hold annual accounts for 133. 81 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2023
Fiscal year end31-12
Activities, NACEBEL
39000Remediation activities and other waste management service activities
13300Finishing of textiles
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.