Certi & Construct
ActiveThe computed 12-month bankruptcy probability of Certi & Construct is 1.8% (moderate). The 2025 annual accounts show negative equity (€-28k) and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 18016 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
21
/ 100
Critical▲ +9 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency37▼-4
Growth43▲+17
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67 against 0.83 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
-47.4%
Return on assets
3%
Age of the figures
8 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 18016 sector peers (2025).
NBB · sector comparisonPosition among 18016 sector peers
Solvency
better than 13%
← 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 · 9 filingsDeviation from the deadline
2025
31 d late
2023
147 d late
2022
92 d late
2021
55 d late
2020
88 d late
2019
119 d late
2018
90 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€63k▼ 12.6%
2021 · €72k
2018: €79k
2019: €58k
2020: €56k
2021: €72k
2018 → 2022
EBIT margin
-27.5%▼ 29.1pp
2021 · 1.6%
2018: 0.3%
2019: 12.6%
2020: -16.4%
2021: 1.6%
2018 → 2022
Net result
€2k
2023 · €-28k
2018: €125
2019: €7k
2020: €-9k
2021: €1k
2022: €-17k
2023: €-28k
2018 → 2025
Working capital
€-28k▲ 40.3%
2023 · €-47k
2018: €749
2019: €8k
2020: €-1k
2021: €-51
2022: €-20k
2023: €-47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Turnover€56k-€72k▲ 28.5%€63k▼ 12.6%
Equity€-1k-€-51▲ 96.3%€-18k▼ 34,214%€-45k▼ 157%€-28k▲ 38.7%
Operating result€-9k-€1k€-17k€-27k▼ 58.0%€2k
Net result€-9k-€1k€-17k€-28k▼ 57.8%€2k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €27k in 2023, the highest year so far.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €58k
Fixed assets
€329▼ 81.0%
Current assets
€58k▼ 74.4%
Key figures and ratios
EBITDA
€3k▲
2023 · €-26k
Cash flow
€2k▲
2023 · €-27k
Solvency
-47.4%▼
2023 · -19.7%
Current ratio
0.67▼
2023 · 0.83
Quick ratio
0.67▼
2023 · 0.83
Debt / equity
-3.11▲
2023 · -6.06
ROE
-6.2%▼
2023 · 61.1%
ROA
3.0%▲
2023 · -12.1%
Interest coverage
8.45▲
2023 · -91.47
Debt
€86k▼
2023 · €273k
Debt ≤ 1 year
€86k▼
2023 · €273k
Income taxes
€235
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€228k€58k▼
Fixed assets21/28€2k€329▼
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Financial fixed assets28€329€329=
Current assets29/58€226k€58k▼
Amounts receivable within one year40/41€209k€16k▼
Trade receivables40€206k€15k▼
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€18k€42k▲
Equity and liabilities
Total equity and liabilities10/49€228k€58k▼
Equity10/15€-45k€-28k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-64k€-46k▲
Amounts payable17/49€273k€86k▼
Amounts payable within one year42/48€273k€86k▼
Trade debts44€260k€77k▼
Suppliers440/4€260k€77k▼
Taxes, remuneration and social security45-€648
Taxes450/3-€648
Other amounts payable47/48€13k€8k▼
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€833€573▼
Other operating charges640/8€285€3k▲
Gross operating margin9900€-26k€6k▲
Operating profit (loss)9901€-27k€2k▲
Financial charges65/66B€289€340▲
Recurring financial charges65€289€340▲
Profit (loss) for the period before taxes9903€-28k€2k▲
Income taxes67/77-€235
Profit (loss) for the period9904€-28k€2k▲
Profit (loss) for the period to be appropriated9905€-28k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€-46k▲
Profit (loss) brought forward from the previous period14P€-36k€-48k▼
The notes to these accounts (7 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
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2024
25-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 147 days late
2023
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
24-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 55 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Highest result since 2018net €7k ▲5618%
Operating result €7k, net result €7k, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 90 days late
15-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 349 days late
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 1 establishment unit since 2014
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.
de Ribaucourtstraat 1061080 Sint-Jans-MolenbeekGround area
107 m²
Building footprint
106 m²
Volume, LiDAR
1,802 m³
Parcel 21012A0181/00W006, Brussels · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Certi & Construct
since 20142.301.216.518
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0181/00W006 | Brussels | 107 m² | 1 · 106 m² | 20.7 m · 6 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.
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Of 2,588 companies in sector 47551 we hold annual accounts for 1,701. 569 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-2013
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
43320Joinery installation
43990Other specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
47784Retail sale of souvenirs and religious articles
47786Retail trade
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.