AuthenticC
ActiveSummary
AuthenticC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,989 and a net result of -€6,366. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-16
Solvency65▼-17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.97 against 0.79 in 2024; short-term debt: 28.3% and cash: 30.6% of total assets), but 59.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.5%
Return on assets
-3.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
27 d early
2023
8 d early
2022
43 d early
2021
25 d early
2020
3 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 6 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€71,989▼ 8.1%
2024 · €78,355
Total assets
€177,921▲ 29.1%
2024 · €137,855
Net result
-€6,366
2024 · €12,341
Working capital
€49,126
2024 · -€7,879
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€121,904▲ 41.2%€113,924▼ 6.5%€183,445▲ 61.0%€16,323▼ 91.1%-€5,079
Net result€96,948above the sector's middle half▲ 46.3%€90,719above the sector's middle half▼ 6.4%€135,234above the sector's middle half▲ 49.1%€12,341within the sector's middle half▼ 90.9%-€6,366below the sector's middle half
Equity€21,778within the sector's middle half▲ 5.0%€22,258within the sector's middle half▲ 2.2%€78,355within the sector's middle half▲ 252%€78,355within the sector's middle half=€71,989within the sector's middle half▼ 8.1%
Total assets€135,167within the sector's middle half▲ 43.3%€117,745within the sector's middle half▼ 12.9%€181,671within the sector's middle half▲ 54.3%€137,855within the sector's middle half▼ 24.1%€177,921within the sector's middle half▲ 29.1%
Debt€113,389▲ 54.0%€95,487▼ 15.8%€103,316▲ 8.2%€59,500▼ 42.4%€105,932▲ 78.0%
Working capital-€3,509within the sector's middle half-€26,978below the sector's middle half▼ 669%-€60,184below the sector's middle half▼ 123%-€7,879below the sector's middle half▲ 86.9%€49,126within the sector's middle half
Solvency16.1%within the sector's middle half▼ 5.9pp18.9%within the sector's middle half▲ 2.8pp43.1%within the sector's middle half▲ 24.2pp56.8%within the sector's middle half▲ 13.7pp40.5%within the sector's middle half▼ 16.4pp
Current ratio0.97within the sector's middle half▼ 0.280.72below the sector's middle half▼ 0.250.42below the sector's middle half▼ 0.300.79below the sector's middle half▲ 0.371.97within the sector's middle half▲ 1.19
Return on assets (ROA)71.7%above the sector's middle half▲ 1.5pp77.0%above the sector's middle half▲ 5.3pp74.4%above the sector's middle half▼ 2.6pp9.0%within the sector's middle half▼ 65.5pp-3.6%below the sector's middle half▼ 12.5pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,079 after €16,323 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177,921
Fixed assets
€78,363 ▼ 27.7%
Current assets
€99,559 ▲ 238%
Equity and liabilities €177,921
Equity
€71,989 ▼ 8.1%
Debt
€105,932 ▲ 78.0%
Debt's share of the balance-sheet total rises from 43.2% to 59.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€24,993▼
2024 · €48,044
Cash flow
€23,706▼
2024 · €44,062
Debt to equity
1.47▲
2024 · 0.76
ROE
-8.8%▼
2024 · 15.7%
Interest coverage
26.35▼
2024 · 239.32
Debt ≤ 1 year
€50,432▲
2024 · €37,300
Debt > 1 year
€55,500▲
2024 · €22,200
Income taxes
€377▼
2024 · €3,944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €15 | €7,000 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,607 | €7,400 | €15,722 | €31,722 | €30,072 | ▼ 5.2% |
| Other operating charges640/8 | - | €679 | €57 | €796 | €453 | ▼ 43.1% |
| Gross operating margin9900 | €125,531 | €122,003 | €199,224 | €48,840 | €25,446 | ▼ 47.9% |
| Operating profit (loss)9901 | €121,904 | €113,924 | €183,445 | €16,323 | -€5,079 | ▼ 131% |
| Financial income75/76B | - | - | €31 | €163 | €38 | ▼ 76.4% |
| Recurring financial income75 | €2,156 | - | €31 | €163 | €38 | ▼ 76.4% |
| Financial charges65/66B | - | €272 | €8 | €201 | €948 | ▲ 372% |
| Recurring financial charges65 | €0 | €272 | €8 | €201 | €948 | ▲ 372% |
| Profit (loss) for the period before taxes9903 | €124,060 | €113,652 | €183,467 | €16,285 | -€5,989 | ▼ 137% |
| Income taxes67/77 | €27,112 | €22,933 | €48,233 | €3,944 | €377 | ▼ 90.4% |
| Profit (loss) for the period9904 | €96,948 | €90,719 | €135,234 | €12,341 | -€6,366 | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | €96,948 | €90,719 | €135,234 | €12,341 | -€6,366 | ▼ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €135,167 | €117,745 | €181,671 | €137,855 | €177,921 | ▲ 29.1% |
| Fixed assets21/28 | €25,287 | €49,235 | €138,539 | €108,435 | €78,363 | ▼ 27.7% |
| Tangible fixed assets22/27 | €25,237 | €49,185 | €138,489 | €108,385 | €78,313 | ▼ 27.7% |
| Plant, machinery and equipment23 | - | €7,056 | €7,220 | €4,179 | €1,171 | ▼ 72.0% |
| Furniture and vehicles24 | - | €42,129 | €131,269 | €104,206 | €77,142 | ▼ 26.0% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €109,880 | €68,510 | €43,132 | €29,420 | €99,559 | ▲ 238% |
| Amounts receivable within one year40/41 | €23,346 | €30,018 | €35,720 | €9,953 | €45,053 | ▲ 353% |
| Trade receivables40 | - | €27,951 | €30,255 | - | €22,990 | - |
| Other amounts receivable41 | - | €2,067 | €5,465 | €9,953 | €22,063 | ▲ 122% |
| Cash at bank and in hand54/58 | €86,534 | €38,492 | €7,412 | €19,467 | €54,506 | ▲ 180% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €135,167 | €117,745 | €181,671 | €137,855 | €177,921 | ▲ 29.1% |
| Equity10/15 | €21,778 | €22,258 | €78,355 | €78,355 | €71,989 | ▼ 8.1% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €9,378 | €9,858 | €65,955 | €65,955 | €59,589 | ▼ 9.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €7,998 | €64,095 | €65,955 | €59,589 | ▼ 9.7% |
| Amounts payable17/49 | €113,389 | €95,487 | €103,316 | €59,500 | €105,932 | ▲ 78.0% |
| Amounts payable after more than one year17 | - | - | - | €22,200 | €55,500 | ▲ 150% |
| Financial debts170/4 | - | - | - | €22,200 | €55,500 | ▲ 150% |
| Amounts payable within one year42/48 | €113,389 | €95,487 | €103,316 | €37,300 | €50,432 | ▲ 35.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11,100 | €33,300 | ▲ 200% |
| Trade debts44 | €28,490 | €7,069 | €6,685 | €7,375 | €3,326 | ▼ 54.9% |
| Suppliers440/4 | - | €7,069 | €6,685 | €7,375 | €3,326 | ▼ 54.9% |
| Taxes, remuneration and social security45 | - | €3,823 | €7,843 | €3,896 | €4,577 | ▲ 17.5% |
| Taxes450/3 | - | €3,823 | €7,843 | €3,896 | €4,577 | ▲ 17.5% |
| Other amounts payable47/48 | - | €84,596 | €88,788 | €14,929 | €9,230 | ▼ 38.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €96,948 | €90,719 | €135,234 | €12,341 | -€6,366 | ▼ 152% |
| + Depreciation and write-downs630 | €2,607 | €7,400 | €15,722 | €31,722 | €30,072 | ▼ 5.2% |
| Operating cash flow (approximation) | €99,555 | €98,119 | €150,956 | €44,062 | €23,706 | ▼ 46.2% |
| Investment in fixed assets (approximation) | - | -€31,348 | -€105,026 | -€1,617 | €0 | ▲ 100% |
| Change in cash | - | -€48,042 | -€31,080 | €12,055 | €35,039 | ▲ 191% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity triplescurrent ratio 1.97
Current ratio from 0.79 to 1.97.
04-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €135,234 ▲49.1%
Operating result €183,445, net result €135,234, both a record.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €66,269
Net result €66,269 after one loss-making year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 212 days late
2015
30-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Zaventem · 1 establishment unit since 2010
Ground area
811 m²
Building footprint
75 m²
Volume, LiDAR
575 m³
Parcel 23094D0287/00N000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AuthenticC
since 20102.187.890.329
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0287/00N000 | Flanders | 811 m² | 1 · 75 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 4,578 companies in sector 82300 we hold annual accounts for 1,673. 1,309 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-05-2010
Fiscal year end30-06
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
70200Business and other management consultancy
74991Agents and managers of artists, athletes and other public figures
80090Investigation and security activities
90201Performing arts by independent artists
Contact
E-mail
serge.carlier@authenticc.beZaventem
Phone
0475/928008Zaventem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0825851961
Also
9925:BE0825851961
Registered
09-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.