Checked.be
Active
BE 0801.706.087Private limited company
Certi-Check
Hofstraat 72 ·8434 Middelkerke, Belgium· 3 yrs active
Sector: Other technical testing and analysis
(71209)
Conclusion
Certi-Check has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €104k. Equity is growing by ~59.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 1950 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €180k |
| Net result | €104k |
| Staff (FTE) | 2.3 |
| Better than sector | 59% |
Financial profile
92
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
100
Solvency
97
Growth
78
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€17k
estimate, not credit advice
Score history
86
2023
94
2024
93
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.28 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.28 (≥ 1.0)
+5
Leverage
Debt/equity 0.83 (< 1.0)
+10
Profitability
ROE 57% (≥ 10%)
+10
Interest coverage
Interest coverage 28.7× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 28-05-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~59.5%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 71, Architectural and engineering activities; technical testing and analysis · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.8% | 46.9% | |
| Net result | €104k | €31k | |
| Equity | €180k | €214k | |
| Gross operating margin | €254k | €124k | |
| Staff costs | €99k | €189k |
€149k
+13.6%
23-25
€104k
-6.1%
23-25
€106k
-5.3%
23-25
€330k
+34.1%
23-25
€180k
+71.3%
23-25
€179k
+82.1%
23-25
2
+228.6%
23-25
€99k
+257.0%
23-25
€38k
+88.4%
23-25
€29k
0.0%
23-25
€149k
+6.2%
23-25
€139k
+0.9%
23-25
2.28
+33.4%
23-25
2.28
+33.4%
23-25
54.8%
+27.7%
23-25
0.83
-38.0%
23-25
57.4%
-45.1%
23-25
31.4%
-29.9%
23-25
28.71
-73.3%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €149k | €131k | €89k |
| Net profit | €104k | €110k | €69k |
| Cash flow | €106k | €112k | €70k |
| Staff costs | €99k | €28k | - |
| Income taxes | €38k | €20k | €18k |
| Dividends | €29k | - | €29k |
| Total assets | €330k | €246k | €118k |
| Equity | €180k | €105k | €55k |
| Debt | €149k | €140k | €62k |
| of which ≤ 1y | €139k | €138k | €62k |
| of which > 1y | - | - | - |
| Working capital | €179k | €98k | €47k |
| Employees (FTE) | 2.3 | 0.7 | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 2.28 | 1.71 | 1.76 |
| Quick ratio | 2.28 | 1.71 | 1.76 |
| Working capital ratio | 54.2% | 39.9% | 40.3% |
| Solvency | 54.8% | 42.9% | 46.8% |
| Debt / equity | 0.83 | 1.33 | 1.13 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 28.71 | 107.36 | 319.26 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 31.4% | 44.9% | 58.4% |
| ROE | 57.4% | 104.7% | 124.7% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €330k | €246k | €118k |
| Fixed assets | 21/28 | €12k | €10k | €8k |
| Tangible fixed assets | 22/27 | €10k | €8k | €8k |
| Financial fixed assets | 28 | €2k | €2k | - |
| Current assets | 29/58 | €318k | €236k | €110k |
| Amounts receivable within one year | 40/41 | €147k | €161k | €58k |
| Cash & bank | 54/58 | €167k | €72k | €51k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €330k | €246k | €118k |
| Equity | 10/15 | €180k | €105k | €55k |
| Contributions / capital | 10/11 | €15k | €15k | €15k |
| Reserves | 13 | €165k | €90k | €40k |
| Amounts payable | 17/49 | €149k | €140k | €62k |
| Amounts payable within one year | 42/48 | €139k | €138k | €62k |
| Trade debts payable within one year | 44 | €67k | €57k | €9k |
| Income statement | ||||
| Gross operating margin | 9900 | €254k | €162k | €90k |
| Operating result | 9901 | €146k | €129k | €87k |
| Financial income | 75 | €936 | €3k | €0 |
| Financial charges | 65 | €5k | €1k | €277 |
| Result before taxes | 9903 | €142k | €131k | €87k |
| Income taxes | 67/77 | €38k | €20k | €18k |
| Net result for the period | 9904 | €104k | €110k | €69k |
| Result to be appropriated | 9905 | €104k | €110k | €69k |
Legal Structure
| NACE primary | Other technical testing and analysis(71209) |
| Legal form | Private limited company(610) |
| Incorporation | 12-05-2023 |
| Status | Active |
| Postal code | 8434 |
Establishment units
Certi-Check
since 20232.344.993.410
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35022A0136/00L002 | Flanders | 1,340 m² | 1 · 215 m² | - |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150kEq €180k ▲71.3%
3 profitable years in a row build equity to €180k.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2023net €110k ▲60.8%
Net result €110k, the highest in the series.
31-12
Financial
Equity above €100kEq €105k ▲91.4%
2 profitable years in a row build equity to €105k.
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Other technical testing and analysis71209
Names & trade names
| Legal nameNL | Certi-Check |
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