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Complete company report
Generated 10-08-2026
Active BE 0438.501.564Public limited company

CERTITECH

Beekstraatkouter 84 ·9031 Gent, Belgium· 36 yrs active
Sector: NACE 66220 (66220)
Conclusion Checked

CERTITECH is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2023 annual accounts show equity of €154k and a net result of €28k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 184 sector peers (fiscal year 2023). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €154k
Net result €28k
Better than sector 90%
Active 36 yrs
Snowflake analysis 4 of 5 axes measured · computed by Checked
Health-Profitability92Solvency100Growth78Stability100
92 / 100

Strong profile, led by solvency.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -
Profitability 92
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1989, 36 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No administrative flags
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview10 NBB filings
Annual accounts filed on 28-12-2023 with the NBB · fiscal year 2023 · verkort
€-20k€0€20k€40kOperating result 2019: €19k€19kNet result 2019: €18k€18kOperating result 2020: €23k€23kNet result 2020: €20k€20kOperating result 2021: €-16k€-16kNet result 2021: €3k€3kOperating result 2022: €34k€34kNet result 2022: €18k€18kOperating result 2023: €42k€42kNet result 2023: €28k€28k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8.7%/year over 5 fiscal years, indicative, assuming unchanged policy.
€100k€125k€150k€175k€200k2024: €162k (€149k - €174k)2025: €172k (€155k - €189k)2026: €183k (€160k - €206k)2019: €108k2020: €124k2021: €108k2022: €126k2023: €154k20192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 66 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 80.1% 26.6%
better than 90% of 184 sector peers
Net result €28k €65k
better than 32% of 184 sector peers
Equity €154k €168k
better than 49% of 184 sector peers
Gross operating margin €55k €340k
better than 20% of 185 sector peers
Total assets €192k €1.02M
better than 15% of 185 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€28k
+58.8% +59% vs sector
Total assets
€192k
+34.0% -72% vs sector
Equity
€154k
+22.4% -68% vs sector
Employees (FTE)
1
- -72% vs sector
Income taxes
€14k
-12.6% -45% vs sector
Debt
€38k
+116.1% -64% vs sector
Debt ≤ 1y
€38k
+116.1% -64% vs sector
Solvency
80.1%
-8.6% -5% vs sector
ROE
18.3%
+29.7% far above sector median
ROA
14.7%
+18.5% far above sector median
Figures by fiscal year
Fiscal year2023
Revenuen/a
EBITDAn/a
Net profit€28k
Cash flown/a
Staff costs-
Income taxes€14k
Dividends-
Total assets€192k
Equity€154k
Debt€38k
of which ≤ 1y€38k
of which > 1y-
Working capitaln/a
Employees (FTE)-
Ratios (computed)
2023
Current ration/a
Quick ration/a
Working capital ration/a
Solvency80.1%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA14.7%
ROE18.3%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€192k
Fixed assets 21/28€19k
Tangible fixed assets 22/27€19k
Financial fixed assets 28€35
Current assets 29/58€173k
Amounts receivable within one year 40/41€151k
Cash & bank 54/58€15k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€192k
Equity 10/15€154k
Contributions / capital 10/11€62k
Reserves 13€43k
Accumulated profits (losses) 14€49k
Amounts payable 17/49€38k
Amounts payable within one year 42/48€38k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€55k
Operating result 9901€42k
Financial charges 65€441
Result before taxes 9903€42k
Income taxes 67/77€14k
Net result for the period 9904€28k
Result to be appropriated 9905€28k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 66220
Legal form Public limited company(014)
Incorporation26-09-1989
StatusActive
Postal code9031
Establishment units 1 location
Vastgoed Poppe
Noordstraat 6, 9000 GentVerhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
since 20112.213.001.946
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44017A0895/00E002 Flanders 646 m² 1 · 118 m² 3.6 m
44815F3623/00L000 Flanders 344 m² 1 · 231 m² 20.2 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
11-01-2024
State Gazette act Director changes
Xavier VANHAELEMEESCH
2023
28-12-2023
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2022
27-12-2022
NBB filing Annual accounts filed
fiscal year 2022 · micro
28-01-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
26-02-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
27-02-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2018
24-12-2018
NBB filing Annual accounts filed
fiscal year 2018 · verkort
26-04-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2016
29-12-2016
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2015
29-12-2015
NBB filing Annual accounts filed
fiscal year 2015 · verkort
05-02-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
11-01-2024 3 directors appointed, 2 resigning Director changes·Xavier VANHAELEMEESCH
  • Marianne Merchier, Bestuurder
  • Gregory Poppe, Bestuurder
  • Gregory Poppe, Gedelegeerd bestuurder
  • Marianne Merchier, Bestuurder
  • Gregory Poppe, Bestuurder
Notary: Xavier VANHAELEMEESCH · Gent
Technical details 
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Verzekeringsagenten en -makelaars66220Activiteiten van verzekeringsagenten en -makelaars66220Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Overige technische testen en toetsen71209Overige technische testen en toetsen71209
Primary activity highlighted.
Names & trade names
Legal nameNL CERTITECH
Registered office
Beekstraatkouter 84
9031 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative