CERTITUBE INTERNATIONAL
ActiveSummary
CERTITUBE INTERNATIONAL has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.73M and a net result of €1.38M. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+1
Solvency79▼-3
Growth72▼-6
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.38 in 2024; short-term debt: 13.8% and cash: 3.9% of total assets), and 46.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
53.8%
Return on assets
9.6%
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
57 d early
2023
57 d early
2022
17 d early
2021
37 d early
2020
36 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.40M▼ 18.8%
2024 · €1.73M
2018: €782k
2019: €619k
2020: €712k
2021: €1.08M
2023: €2.73M
2024: €1.73M
2018 → 2025
EBIT margin
49.5%▼ 18.6pp
2024 · 68.1%
2018: 39.7%
2019: 26.8%
2020: 40.3%
2021: 55.4%
2023: 81.3%
2024: 68.1%
2018 → 2025
Net result
€1.38M▲ 106%
2024 · €673k
2018: €243k
2019: €93k
2020: €177k
2021: €676k
2022: €764k
2023: €1.48M
2024: €673k
2018 → 2025
Working capital
€124k▼ 68.5%
2024 · €394k
2018: €-1.18M
2019: €-955k
2020: €-918k
2021: €-588k
2022: €-568k
2023: €910k
2024: €394k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.08M-€2.73M€1.73M▼ 36.7%€1.40M▼ 18.8%
Equity€4.28M-€5.04M▲ 17.9%€6.27M▲ 24.3%€6.64M▲ 5.9%€7.73M▲ 16.3%
Operating result€601k-€684k▲ 13.8%€2.22M▲ 224%€1.18M▼ 47.0%€694k▼ 41.0%
Net result€676k-€764k▲ 13.1%€1.48M▲ 93.5%€673k▼ 54.5%€1.38M▲ 106%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.36M
Fixed assets
€12.25M ▲ 18.7%
Current assets
€2.10M ▲ 47.1%
Equity and liabilities €14.36M
Equity
€7.73M ▲ 16.3%
Debt
€6.63M ▲ 29.7%
Debt's share of the balance-sheet total rises from 43.5% to 46.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€717k▼
2024 · €1.19M
Cash flow
€1.41M▲
2024 · €692k
Current ratio
1.06▼
2024 · 1.38
Debt to equity
0.86▲
2024 · 0.77
ROE
17.9%▲
2024 · 10.1%
ROA
9.6%▲
2024 · 5.7%
Interest coverage
3.56▼
2024 · 3.95
Debt ≤ 1 year
€1.98M▲
2024 · €1.04M
Debt > 1 year
€4.58M▲
2024 · €3.96M
Income taxes
€136k▼
2024 · €229k
Staff costs
€102k▼
2024 · €108k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 76 lines
Balance sheet
Code20242025
Assets
Total assets20/58€11.75M€14.36M▲
Fixed assets21/28€10.32M€12.25M▲
Tangible fixed assets22/27€751k€834k▲
Land and buildings22€684k€755k▲
Furniture and vehicles24€32k€49k▲
Other tangible fixed assets26€35k€30k▼
Financial fixed assets28€9.57M€11.42M▲
Affiliated companies280/1€9.57M€11.42M▲
Participating interests280€9.57M€11.42M▲
Current assets29/58€1.43M€2.10M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.28M€1.54M▲
Trade receivables40€102k€185k▲
Other amounts receivable41€1.18M€1.35M▲
Cash at bank and in hand54/58€149k€566k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€11.75M€14.36M▲
Equity10/15€6.64M€7.73M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€6.14M€7.23M▲
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Tax-exempt reserves132€75k€75k=
Distributable reserves133€6.02M€7.10M▲
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Pensions and similar obligations160€0-
Amounts payable17/49€5.11M€6.63M▲
Amounts payable after more than one year17€3.96M€4.58M▲
Financial debts170/4€3.96M€4.58M▲
Credit institutions173€3.26M€3.88M▲
Other loans174€700k€700k=
Amounts payable within one year42/48€1.04M€1.98M▲
Current portion of amounts payable after more than one year42€363k€713k▲
Trade debts44€33k€46k▲
Suppliers440/4€33k€46k▲
Taxes, remuneration and social security45€51k€86k▲
Taxes450/3€36k€78k▲
Remuneration and social security454/9€15k€8k▼
Other amounts payable47/48€590k€1.13M▲
Accrued charges and deferred income492/3€112k€64k▼
Income statement
Code20242025
Operating income70/76A€1.74M€1.43M▼
Turnover70€1.73M€1.40M▼
Other operating income74€18k€20k▲
Non-recurring operating income76A€309€12k▲
Operating charges60/66A€568k€740k▲
Goods for resale, raw materials and consumables60€0-
Purchases600/8€0-
Services and other goods61€516k€609k▲
Remuneration, social security and pensions62€108k€102k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€23k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-79k€0▲
Other operating charges640/8€4k€6k▲
Operating profit (loss)9901€1.18M€694k▼
Financial income75/76B€29k€1.03M▲
Recurring financial income75€29k€1.03M▲
Income from financial fixed assets750-€1.00M
Income from current assets751€29k€30k▲
Other financial income752/9€0-
Financial charges65/66B€303k€203k▼
Recurring financial charges65€303k€203k▼
Debt charges650€302k€201k▼
Other financial charges652/9€670€2k▲
Profit (loss) for the period before taxes9903€902k€1.52M▲
Income taxes67/77€229k€136k▼
Taxes670/3€229k€136k▼
Profit (loss) for the period9904€673k€1.38M▲
Profit (loss) for the period to be appropriated9905€673k€1.38M▲
Appropriation of the result
Profit (loss) to be appropriated9906€673k€1.38M▲
Transfer to equity691/2€373k€1.08M▲
To other reserves6921€373k€1.08M▲
Profit to be distributed694/7€300k€300k=
Return on contributions (dividend)694€300k€300k=
Social balance
Average headcount (FTE)90871.81.3▼
The notes to these accounts (63 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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €1.48M ▲93.5%
Operating result €2.22M, net result €1.48M, both a record.
31-12
Financial
Liquidity times 5current ratio 1.74
Current ratio from 0.32 to 1.74.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €5MEq €5.04M ▲17.9%
5 profitable years in a row build equity to €5.04M.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €93k ▼61.7%
Net result drops to €93k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Roeselare · 1 establishment unit since 1996
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.
Bornstraat 918800 RoeselareGround area
4,684 m²
Building footprint
536 m²
Volume, LiDAR
2,973 m³
Parcel 36302B1246/00N000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CERTITUBE INTERNATIONAL
since 19962.076.466.825
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B1246/00N000 | Flanders | 4,684 m² | 1 · 536 m² | 9.1 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.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 8,279 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-03-1996
Fiscal year end31-12
Trade name NL
HOEDEC
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
69209Other tax advisory services
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.