AUTHENTIK
ActiveSummary
AUTHENTIK has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€183,413) and a net result of €243. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+12
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.24 in 2024; short-term debt: 299.7% and cash: 1.6% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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
-218.4%
Return on assets
0.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 28374 sector peers (2025).
NBB · sector comparisonPosition among 28374 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
221 d late
2023
156 d late
2022
30 d late
2021
79 d late
2020
23 d late
2019
118 d late
← 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 93 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 18 October (4 of the last 5 filed years within 78 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 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 trust this company with building work?Contractor check 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
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Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Ramillies, Construction sector
Equity
-€183,413▲ 0.1%
2024 · -€183,655
Total assets
€83,992=
2024 · €83,959
Net result
€243
2024 · -€2,959
Working capital
-€181,739▲ 2.4%
2024 · -€186,227
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€20,175▼ 21.1%€14,016▼ 30.5%€6,741▼ 51.9%€105▼ 98.4%€4,098▲ 3,792%
Net result€7,972within the sector's middle half▼ 49.0%€7,278within the sector's middle half▼ 8.7%€2,722within the sector's middle half▼ 62.6%-€2,959below the sector's middle half€243below the sector's middle half
Equity-€190,695below the sector's middle half▲ 4.0%-€183,418below the sector's middle half▲ 3.8%-€180,696below the sector's middle half▲ 1.5%-€183,655below the sector's middle half▼ 1.6%-€183,413below the sector's middle half▲ 0.1%
Total assets€41,228below the sector's middle half▲ 2.3%€92,012within the sector's middle half▲ 123%€83,169within the sector's middle half▼ 9.6%€83,959within the sector's middle half▲ 0.9%€83,992within the sector's middle half=
Debt€231,923▼ 2.9%€275,430▲ 18.8%€263,865▼ 4.2%€267,614▲ 1.4%€267,404▼ 0.1%
Working capital-€198,501below the sector's middle half▲ 4.1%-€185,503below the sector's middle half▲ 6.5%-€185,115below the sector's middle half▲ 0.2%-€186,227below the sector's middle half▼ 0.6%-€181,739below the sector's middle half▲ 2.4%
Solvency-462.5%below the sector's middle half▲ 30.4pp-199.3%below the sector's middle half▲ 263.2pp-217.3%below the sector's middle half▼ 17.9pp-218.7%below the sector's middle half▼ 1.5pp-218.4%below the sector's middle half▲ 0.4pp
Current ratio0.14below the sector's middle half▲ 0.010.17below the sector's middle half▲ 0.030.19below the sector's middle half▲ 0.020.24below the sector's middle half▲ 0.040.28below the sector's middle half▲ 0.04
Return on assets (ROA)19.3%above the sector's middle half▼ 19.4pp7.9%within the sector's middle half▼ 11.4pp3.3%within the sector's middle half▼ 4.6pp-3.5%below the sector's middle half▼ 6.8pp0.3%below the sector's middle half▲ 3.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 recovers in 2025; 2025 is 3,792% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83,992
Fixed assets
€14,004 ▼ 46.8%
Current assets
€69,988 ▲ 21.4%
Equity and liabilities
Equity-€183,413
Debt€267,404
Equity is negative: debt (€267,404) exceeds the balance-sheet total (€83,992).
Key figures and ratios
EBITDA
€16,393▲
2024 · €13,004
Cash flow
€12,538▲
2024 · €9,939
Quick ratio
0.12▲
2024 · 0.10
Interest coverage
6.08▲
2024 · 5.14
Debt ≤ 1 year
€251,727▲
2024 · €243,886
Debt > 1 year
€11,878▼
2024 · €22,778
Income taxes
€1,174▲
2024 · €542
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,448 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.5%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,340 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% | 1.8% |
| 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 1,448 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 | - | €826 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,863 | €9,414 | €14,509 | €12,898 | €12,296 | ▼ 4.7% |
| Other operating charges640/8 | €1,666 | €3,087 | €2,661 | €915 | €1,222 | ▲ 33.5% |
| Non-recurring operating charges66A | €558 | €0 | - | - | - | - |
| Gross operating margin9900 | €26,262 | €26,518 | €23,910 | €13,919 | €17,615 | ▲ 26.6% |
| Operating profit (loss)9901 | €20,175 | €14,016 | €6,741 | €105 | €4,098 | ▲ 3,792% |
| Financial income75/76B | €20 | €12 | €354 | €6 | €14 | ▲ 113% |
| Recurring financial income75 | €20 | €12 | €354 | €6 | €14 | ▲ 113% |
| Financial charges65/66B | €7,106 | €3,550 | €3,271 | €2,529 | €2,695 | ▲ 6.5% |
| Recurring financial charges65 | €7,106 | €3,550 | €3,271 | €2,529 | €2,695 | ▲ 6.5% |
| Profit (loss) for the period before taxes9903 | €13,089 | €10,478 | €3,824 | -€2,418 | €1,417 | ▲ 159% |
| Income taxes67/77 | €5,116 | €3,200 | €1,102 | €542 | €1,174 | ▲ 117% |
| Profit (loss) for the period9904 | €7,972 | €7,278 | €2,722 | -€2,959 | €243 | ▲ 108% |
| Profit (loss) for the period to be appropriated9905 | €7,972 | €7,278 | €2,722 | -€2,959 | €243 | ▲ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41,228 | €92,012 | €83,169 | €83,959 | €83,992 | = |
| Fixed assets21/28 | €8,755 | €53,593 | €38,604 | €26,300 | €14,004 | ▼ 46.8% |
| Tangible fixed assets22/27 | €7,155 | €51,993 | €38,604 | €26,300 | €14,004 | ▼ 46.8% |
| Plant, machinery and equipment23 | €3,061 | €1,576 | €247 | €583 | €385 | ▼ 34.0% |
| Furniture and vehicles24 | €4,095 | €18,161 | €13,457 | €8,171 | €3,429 | ▼ 58.0% |
| Leasing and similar rights25 | - | €32,256 | €24,901 | €17,545 | €10,190 | ▼ 41.9% |
| Financial fixed assets28 | €1,600 | €1,600 | €0 | - | - | - |
| Current assets29/58 | €32,473 | €38,418 | €44,565 | €57,659 | €69,988 | ▲ 21.4% |
| Stocks and contracts in progress3 | €3,000 | €2,200 | €2,200 | €34,200 | €38,982 | ▲ 14.0% |
| Stocks30/36 | €3,000 | €2,200 | €2,200 | €19,200 | €35,722 | ▲ 86.1% |
| Contracts in progress37 | - | - | - | €15,000 | €3,260 | ▼ 78.3% |
| Amounts receivable within one year40/41 | €27,928 | €17,273 | €38,861 | €20,753 | €28,561 | ▲ 37.6% |
| Trade receivables40 | €27,928 | €17,273 | €35,598 | €20,753 | €25,900 | ▲ 24.8% |
| Other amounts receivable41 | €0 | - | €3,264 | €0 | €2,661 | - |
| Cash at bank and in hand54/58 | €734 | €17,077 | €732 | €311 | €1,357 | ▲ 336% |
| Deferred charges and accrued income490/1 | €811 | €1,869 | €2,772 | €2,394 | €1,088 | ▼ 54.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41,228 | €92,012 | €83,169 | €83,959 | €83,992 | = |
| Equity10/15 | -€190,695 | -€183,418 | -€180,696 | -€183,655 | -€183,413 | ▲ 0.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €466 | €466 | €466 | €466 | €466 | = |
| Non-distributable reserves130/1 | €466 | €466 | €466 | €466 | €466 | = |
| Reserves not available under the articles1311 | €466 | €466 | €466 | €466 | €466 | = |
| Profit (loss) carried forward14 | -€209,761 | -€202,484 | -€199,762 | -€202,721 | -€202,479 | ▲ 0.1% |
| Amounts payable17/49 | €231,923 | €275,430 | €263,865 | €267,614 | €267,404 | ▼ 0.1% |
| Amounts payable after more than one year17 | - | €43,268 | €33,236 | €22,778 | €11,878 | ▼ 47.9% |
| Financial debts170/4 | - | €43,268 | €33,236 | €22,778 | €11,878 | ▼ 47.9% |
| Amounts payable within one year42/48 | €230,973 | €223,921 | €229,680 | €243,886 | €251,727 | ▲ 3.2% |
| Current portion of amounts payable after more than one year42 | - | €9,917 | €10,324 | €10,457 | €10,900 | ▲ 4.2% |
| Financial debts43 | €642 | €189 | €441 | €0 | - | - |
| Credit institutions430/8 | €642 | €189 | €441 | €0 | - | - |
| Trade debts44 | €35,038 | €21,217 | €73,299 | €79,523 | €73,401 | ▼ 7.7% |
| Suppliers440/4 | €35,038 | €21,217 | €73,299 | €79,523 | €73,401 | ▼ 7.7% |
| Taxes, remuneration and social security45 | €10,911 | €23,088 | €4,302 | €4,516 | €1,841 | ▼ 59.2% |
| Taxes450/3 | €10,911 | €23,088 | €4,302 | €4,516 | €1,841 | ▼ 59.2% |
| Other amounts payable47/48 | €184,383 | €169,510 | €141,314 | €149,389 | €165,585 | ▲ 10.8% |
| Accrued charges and deferred income492/3 | €950 | €8,241 | €950 | €950 | €3,800 | ▲ 300% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,972 | €7,278 | €2,722 | -€2,959 | €243 | ▲ 108% |
| + Depreciation and write-downs630 | €3,863 | €9,414 | €14,509 | €12,898 | €12,296 | ▼ 4.7% |
| Operating cash flow (approximation) | €11,835 | €16,692 | €17,230 | €9,939 | €12,538 | ▲ 26.2% |
| Investment in fixed assets (approximation) | - | -€54,253 | €481 | -€594 | €0 | ▲ 100% |
| Change in cash | - | €16,342 | -€16,344 | -€421 | €1,046 | ▲ 348% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 221 days late
2025
31-12
Financial
Back to profitnet €243
Net result €243 after one loss-making year.
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 156 days late
2024
31-12
Financial
Weakest financial yearnet -€2,959
Net result drops to -€2,959, the lowest in the series; recovery starts the following year.
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €15,626 ▲539%
Operating result €25,576, net result €15,626, both a record.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 131 days late
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 394 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ramillies · 1 establishment unit since 2000
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.
Rue G. Villers 18A1367 Ramillies1 establishment unit
Authentik S.P.R.L.
since 20002.094.152.695
Recognitions · licences · registrations
Recognised contractor
3 categoriesAUTHENTIK SRL41609
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,017 companies in this sector we hold annual accounts for 9,139. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded22-06-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43350Other building finishing work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472179271
Also
9925:BE0472179271
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.