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Certi

Active
Private limited company (pre-2019)founded 200916 years activeKapellestraat 138, 8020 Oostkamp, BelgiumKBO/BCE: BE 0819.604.963
Summary

The computed 12-month bankruptcy probability of Certi is 19.7% (high). The 2024 annual accounts show equity of €27,531 and a net result of €17,125. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Full-service restaurants
NACE 56111
2 sites
Size
€237,886total assets 2024
Equity
€27,531
Profit
€17,125
Turnover not published (abridged schema)
Financial health
16 Critical Checked score 2024
Bankruptcy probability, 12 months
19.7%
Structure
Holdings
1
Accounts 68 days overdue1 of 7 deeds read
Why 16- 1 change of registered office in 24 months- Figures for FY 2024 (filed 23-09-2025)- Ex-officio strike-off in the KBO- Liquidity: current ratio 1.24, cash €48, halvedShow the evidence

Checked score

Score 2024
16 / 100
Critical
Probability in this band: over 15.0%
Financially better than 45% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 37+10
equity 11.6% of total assets
Liquidity 8-43
short-term debt 77.4% · cash 0.0%
Profitability 66+16
return on assets 7.2%
Bankruptcy probability, 12 months
19.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 8.2% 12-2024: 8.2%● unchanged vs 11-2024 01-2025: 8.2%● unchanged vs 12-2024 02-2025: 8.3%▲ +0.1 percentage points vs 01-2025 03-2025: 7.3%▼ -1.0 percentage point vs 02-2025 04-2025: 7.4%▲ +0.1 percentage points vs 03-2025 05-2025: 7.1%▼ -0.3 percentage points vs 04-2025 06-2025: 7.2%▲ +0.1 percentage points vs 05-2025 07-2025: 8.4%▲ +1.2 percentage points vs 06-2025 08-2025: 8.3%▼ -0.1 percentage points vs 07-2025 09-2025: 8.3%● unchanged vs 08-2025 10-2025: 3.9%▼ -4.4 percentage points vs 09-2025 11-2025: 3.8%▼ -0.1 percentage points vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.8%● unchanged vs 12-2025 02-2026: 4.0%▲ +0.2 percentage points vs 01-2026 03-2026: 4.0%● unchanged vs 02-2026 04-2026: 3.9%▼ -0.1 percentage points vs 03-2026 05-2026: 3.7%▼ -0.2 percentage points vs 04-2026 06-2026: 3.6%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 6.3%▲ +2.7 percentage points vs 06-2026 08-2026: 8.3%▲ +2.0 percentage points vs 07-2026 09-2026: 16.5%▲ +8.2 percentage points vs 08-2026 10-2026: 19.7%▲ +3.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.24 against 0.84 in 2023; short-term debt: 77.4% and cash: 0% of total assets), and 88.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 34% on solvency, 8% on liquidity, 45% on profitability and 93% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 23-09-2025)
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Liquidity: current ratio 1.24, cash €48, halved
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 filings
Deviation from the deadline
2025
not confirmed
2024
48 days late
2023
191 days late
2022
557 days late
2021
78 days late
2020
39 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 134 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Registered office · Legal-form changeRegistered-office move · Director in…
  2. Address struckTijgerstraat 17 bus 202 L’adresse…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Back in profit in 2024after -€354,150 in 2023 €17,125 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Among the largest 20% on gross marginsector median €60,503 · 18,907 companies €177,470 View

By topic

Financials

Fiscal year
2024
Total assets
€237,886
Profit
€17,125
Solvency
11.6%
Total assets▼ 65.1%
Net result
20182024
Go to Financials

Timeline

Events
17
Since
2016
  1. 07-02-2025Annual accounts filed
  2. 07-02-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Activity
Full-service restaurantsNACE 56111
Founded
13-10-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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