CERTESA
ActiveCERTESA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2k and a net result of €27k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 10% of 7962 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7962 sector peers (2025).
NBB · sector comparisonPosition among 7962 sector peers
Solvency
better than 10%
← 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 31-08-2026, 31 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
31 d late
2024
16 d late
2023
19 d late
2022
31 d late
2021
18 d early
2018
54 d late
2017
59 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k
2024 · €-20k
2018: €6k
2021: €-50k
2022: €-33k
2023: €-28k
2024: €-20k
2018 → 2025
Net result
€27k▲ 243%
2024 · €8k
2018: €2k
2021: €-9k
2022: €17k
2023: €5k
2024: €8k
2018 → 2025
Total assets
€120k▲ 93.5%
2024 · €62k
2018: €34k
2021: €28k
2022: €41k
2023: €61k
2024: €62k
2018 → 2025
Solvency
1.7%▲ 33.9pp
2024 · -32.1%
2018: 16.1%
2021: -176.4%
2022: -80.5%
2023: -45.7%
2024: -32.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-50k-€-33k▲ 34.5%€-28k▲ 15.2%€-20k▲ 28.3%€2k
Operating result€-8k-€17k€5k▼ 73.7%€8k▲ 82.5%€33k▲ 303%
Net result€-9k-€17k€5k▼ 71.2%€8k▲ 58.7%€27k▲ 243%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 303% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€12k▲ 4,442%
Current assets
€108k▲ 74.6%
Equity and liabilities €120k
Equity
€2k
Debt
€118k
Debt finances 98.3% of the balance-sheet total.
Key figures and ratios
Solvency
1.7%▲
2024 · -32.1%
ROA
22.5%▲
2024 · 12.7%
Debt
€118k▲
2024 · €82k
Debt ≤ 1 year
€82k▲
2024 · €46k
Income taxes
€8k▲
2024 · €153
Staff costs
€0▼
2024 · €224
A ratio outside any meaningful range has been withheld (balance sheet total €120k, equity €2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€62k€120k▲
Fixed assets21/28€267€12k▲
Tangible fixed assets22/27€267€12k▲
Plant, machinery and equipment23-€3k
Furniture and vehicles24€267€6k▲
Other tangible fixed assets26-€2k
Current assets29/58€62k€108k▲
Amounts receivable after more than one year29€35k€35k=
Other amounts receivable291€35k€35k=
Amounts receivable within one year40/41€24k€66k▲
Trade receivables40€20k€23k▲
Other amounts receivable41€4k€43k▲
Cash at bank and in hand54/58€13€4k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€62k€120k▲
Equity10/15€-20k€2k▲
Contributions10/11€30k€30k=
Reserves13€810€810=
Non-distributable reserves130/1€810€810=
Reserves not available under the articles1311€810€810=
Profit (loss) carried forward14€-51k€-29k▲
Amounts payable17/49€82k€118k▲
Amounts payable within one year42/48€46k€82k▲
Financial debts43€13k€12k▼
Other loans439€13k€12k▼
Trade debts44€10k€11k▲
Suppliers440/4€10k€11k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€3k€13k▲
Taxes450/3€3k€13k▲
Other amounts payable47/48€20k€46k▲
Accrued charges and deferred income492/3€36k€36k=
Income statement
Code20242025
Remuneration, social security and pensions62€224€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€206€2k▲
Other operating charges640/8€801€1k▲
Gross operating margin9900€9k€36k▲
Operating profit (loss)9901€8k€33k▲
Financial income75/76B€1€1k▲
Recurring financial income75€1€1k▲
Financial charges65/66B€242€189▼
Recurring financial charges65€242€189▼
Profit (loss) for the period before taxes9903€8k€35k▲
Income taxes67/77€153€8k▲
Profit (loss) for the period9904€8k€27k▲
Profit (loss) for the period to be appropriated9905€8k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-24k▲
Profit (loss) brought forward from the previous period14P€-59k€-51k▲
Profit to be distributed694/7-€5k
Directors or managers695-€5k
The notes to these accounts (9 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €27k ▲243%
Operating result €33k, net result €27k, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-9k ▼480%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 152 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
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, Antwerpen · 1 establishment unit since 2006
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.
Meir 72000 AntwerpenGround area
2,683 m²
Building footprint
1,487 m²
Volume, LiDAR
39,745 m³
Parcel 11803C1600/00D000, Flanders · tallest building 32.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Certesa
since 20062.155.167.972
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1600/00D000 | Flanders | 2,683 m² | 1 · 1,487 m² | 32.6 m · 9 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 1,753 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-06-2006
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.