CERTAM BEDRIJFSREVISOREN
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 19-05-2022, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
73 d early
2020
9 d early
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€4.13M▲ 18.4%
2020 · €3.49M
2018: €2.74M
2019: €3.13M
2020: €3.49M
2018 → 2021
Total assets
€5.15M▲ 2.4%
2020 · €5.03M
2018: €4.58M
2019: €4.21M
2020: €5.03M
2018 → 2021
Net result
€642k▲ 78.8%
2020 · €359k
2018: €400k
2019: €391k
2020: €359k
2018 → 2021
Working capital
€1.26M▲ 8.2%
2020 · €1.16M
2018: €1.50M
2019: €1.32M
2020: €1.16M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€2.74M-€3.13M▲ 14.2%€3.49M▲ 11.4%€4.13M▲ 18.4%
Operating result€546k-€523k▼ 4.1%€453k▼ 13.4%€838k▲ 85.0%
Net result€400k-€391k▼ 2.4%€359k▼ 8.1%€642k▲ 78.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 85% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €5.15M
Fixed assets
€2.95M ▲ 14.8%
Current assets
€2.20M ▼ 10.4%
Equity and liabilities €5.15M
Equity
€4.13M ▲ 18.4%
Provisions
€2k =
Debt
€1.02M ▼ 33.8%
Debt's share of the balance-sheet total falls from 30.5% to 19.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€956k▲
2020 · €559k
Cash flow
€759k▲
2020 · €465k
Current ratio
2.32▲
2020 · 1.89
Debt to equity
0.25▲
2020 · 0.07
ROE
15.5%▲
2020 · 10.3%
ROA
12.5%▲
2020 · 7.1%
Interest coverage
154.35
Debt ≤ 1 year
€949k▼
2020 · €1.30M
Income taxes
€199k▲
2020 · €93k
Staff costs
€211k
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 · 2021 against 2020 · 59 lines
Balance sheet
Code20202021
Assets
Total assets20/58€5.03M€5.15M▲
Fixed assets21/28€2.57M€2.95M▲
Intangible fixed assets21€545k€458k▼
Tangible fixed assets22/27€73k€61k▼
Furniture and vehicles24-€61k
Financial fixed assets28€1.95M€2.43M▲
Current assets29/58€2.46M€2.20M▼
Amounts receivable within one year40/41€2.09M€1.67M▼
Trade receivables40-€1.60M
Other amounts receivable41-€72k
Cash at bank and in hand54/58€332k€488k▲
Deferred charges and accrued income490/1-€46k
Equity and liabilities
Total equity and liabilities10/49€5.03M€5.15M▲
Equity10/15€3.49M€4.13M▲
Contributions10/11€14k€14k=
Capital10-€14k
Issued capital100-€19k
Uncalled capital101-€4k
Reserves13€3.48M€4.12M▲
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Tax-exempt reserves132-€2.83M
Distributable reserves133-€1.29M
Provisions and deferred taxes16€2k€2k=
Provisions for liabilities and charges160/5-€2k
Other liabilities and charges164/5-€2k
Amounts payable17/49€1.53M€1.02M▼
Amounts payable after more than one year17€233k-
Amounts payable within one year42/48€1.30M€949k▼
Financial debts43-€13k
Other loans439-€13k
Trade debts44€1.04M€764k▼
Suppliers440/4-€764k
Taxes, remuneration and social security45-€171k
Taxes450/3-€155k
Remuneration and social security454/9-€16k
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3-€68k
Income statement
Code20202021
Non-recurring operating income76A-€13k
Remuneration, social security and pensions62-€211k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€118k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€714
Other operating charges640/8-€2k
Gross operating margin9900€761k€1.17M▲
Operating profit (loss)9901€453k€838k▲
Financial income75/76B-€9k
Recurring financial income75€5k€9k▲
Financial charges65/66B-€6k
Recurring financial charges65€6k€6k=
Profit (loss) for the period before taxes9903€452k€841k▲
Income taxes67/77€93k€199k▲
Profit (loss) for the period9904€359k€642k▲
Profit (loss) for the period to be appropriated9905€126k€642k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€642k
Transfer to equity691/2-€641k
To other reserves6921-€641k
Profit to be distributed694/7-€881
Employees696-€881
Social balance
Average headcount (FTE)9087-3.2
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
06-01
State Gazette act
General meeting · Dissolution
Liquidation · Director resignation · Ann De Paepe
2021
31-12
Financial
Highest result since 2018net €642k ▲78.8%
Operating result €838k, net result €642k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €359k ▼8.1%
Net result drops to €359k, the lowest in the series.
04-11
State Gazette act
General meeting · Auditor appointment
Permanent representative
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
21-08
State Gazette act
General meeting · Legal-form conversion
Net-asset statement · Capital
19-06
State Gazette act
Board meeting · Demerger
Corporate purpose · Capital
28-04
State Gazette act
General meeting · Legal-form conversion
Purpose change · Corporate purpose
2019
03-10
State Gazette act
General meeting · Auditor appointment
Permanent representative
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
05-02
State Gazette act
General meeting · Director reappointment
Auditor reappointment · Permanent representative
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
16-04
State Gazette act
General meeting · Auditor appointment
2017
07-06
State Gazette act
General meeting · Auditor reappointment
Mandate term · Permanent representative
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-11
State Gazette act
General meeting · Auditor reappointment
15-03
State Gazette act
General meeting · Director appointment
Auditor reappointment · Permanent representative
15-03
State Gazette act
General meeting · Director appointment
Auditor appointment · Permanent representative
14-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
15-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
15-09
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose
30-04
State Gazette act
General meeting · Auditor appointment
23-04
State Gazette act
General meeting · Auditor appointment
Permanent representative
29-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
25-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
14-11
State Gazette act
General meeting · Director appointment
Auditor reappointment · Director reappointment
03-01
State Gazette act
General meeting · Auditor reappointment
2011
24-05
State Gazette act
General meeting · Auditor appointment
2006
06-07
State Gazette act
General meeting · Corporate purpose
Statute adoption · Board composition
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 585 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 585 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)