CERTI PROJECTS
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ghent division
- Declared bankrupt
- 7 July 2026
- Supervising judge
- Liesbeth De Bruyne
- Official Gazette
- 13-07-2026 (pdf) ↗search the document for 2026/131806
Deadlines
- Provisional date payments stopped
- 7 July 2026A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 28 July 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 6 August 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 11 August 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 7 July 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Philippe Van LiefferingeBoterhoek 3, 9860 Oosterzelephilippe.vanliefferinge@telenet.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.
File a claim in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Joinery installation
NACE 43320
1 site
Size
≈ €700,000turnover 2024, estimated
- Equity
- €164,713
- Profit
- €93,730
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
6 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2024 accounts filed 48 days lateAdministrative warnings in the KBO publicationsShow the evidence
Signals
Three signals.
raises risk
raises risk · 2024 accounts filed 48 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2024
48 days late
2023
191 days late
2022
557 days late
2021
3 days early
2020
72 days early
2019
94 days early
2018
76 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 79 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies 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 publicationsPublications
Address struck
- OpeningEnterprise Court of Ghent, Ghent…
- Address struckTijgerstraat 17 bus L’adresse du…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2024, abbreviated format
2024 annual accounts filed late (48 days) Filed on 17 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00498728.
Turnover
€108,649▲ 11.8%
2019 · €97,145
EBIT margin
1.2%▼ 0.4pp
2019 · 1.6%
Net result
€93,730
2023 · -€22,593
Working capital
€162,183▲ 127%
2023 · €71,567
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result returns to profit in 2024: €156,937 after a loss of €3,493 in 2023, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€108,649
2020
Operating result€156,937
2024
Net result€93,730
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€393,081
2024
Equity€164,713
2024
Debt€228,368
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€162,183
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin1.2%
2020
Return on assets (ROA)23.8%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency41.9%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.72
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Turnover€97,145-€108,649▲ 11.8%
Operating result€1,589-€1,327▼ 16.5%€17,992▲ 14×€80,520▲ 348%-€3,493€156,937
Net result-€574-€9,116within the sector's middle half€8,721within the sector's middle half▼ 4.3%€56,342within the sector's middle half▲ 546%-€22,593below the sector's middle half€93,730within the sector's middle half
EBIT margin1.6%-1.2%▼ 0.4pp
Equity€13,780-€22,895within the sector's middle half▲ 66.2%€38,067within the sector's middle half▲ 66.3%€94,409below the sector's middle half▲ 148%€71,816below the sector's middle half▼ 23.9%€164,713within the sector's middle half▲ 129%
Total assets€53,587-€71,280within the sector's middle half▲ 33.0%€106,167within the sector's middle half▲ 48.9%€152,085below the sector's middle half▲ 43.3%€258,089below the sector's middle half▲ 69.7%€393,081below the sector's middle half▲ 52.3%
Debt€39,808-€48,385▲ 21.5%€68,100▲ 40.7%€57,676▼ 15.3%€186,273▲ 223%€228,368▲ 22.6%
Working capital€13,387-€22,805within the sector's middle half▲ 70.4%€33,192within the sector's middle half▲ 45.5%€92,452within the sector's middle half▲ 179%€71,567within the sector's middle half▼ 22.6%€162,183within the sector's middle half▲ 127%
Solvency25.7%-32.1%within the sector's middle half▲ 6.4pp35.9%within the sector's middle half▲ 3.7pp62.1%above the sector's middle half▲ 26.2pp27.8%within the sector's middle half▼ 34.3pp41.9%within the sector's middle half▲ 14.1pp
Current ratio1.34-1.47within the sector's middle half▲ 0.141.81within the sector's middle half▲ 0.343.27above the sector's middle half▲ 1.451.41within the sector's middle half▼ 1.861.72within the sector's middle half▲ 0.31
Return on assets (ROA)-1.1%-12.8%within the sector's middle half▲ 13.9pp8.2%within the sector's middle half▼ 4.6pp37.0%above the sector's middle half▲ 28.8pp-8.8%below the sector's middle half▼ 45.8pp23.8%above the sector's middle half▲ 32.6pp
Staff (FTE)1-1within the sector's middle half=0.5▼ 50.0%0below the sector's middle half
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €393,081
Fixed assets
€4,999 ▼ 50.0%
Current assets
€388,083 ▲ 56.4%
Equity and liabilities €393,081
Equity
€164,713 ▲ 129%
Debt
€228,368 ▲ 22.6%
Debt's share of the balance-sheet total falls from 72.2% to 58.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€161,942▲
2023 · €5,325
Cash flow
€98,735▲
2023 · -€13,774
Quick ratio
1.59▲
2023 · 1.30
Debt to equity
1.39▼
2023 · 2.59
ROE
56.9%▲
2023 · -31.5%
Interest coverage
12.93▲
2023 · 0.40
Debt ≤ 1 year
€225,900▲
2023 · €176,519
Debt > 1 year
€2,468▼
2023 · €9,754
Income taxes
€50,687
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €97,145 | €108,649 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €303 | €303 | €3,269 | €13,263 | €8,818 | €5,005 | ▼ 43.2% |
| Other operating charges640/8 | - | - | - | €2,381 | €150 | €15,105 | ▲ 101× |
| Gross operating margin9900 | €27,179 | €27,466 | €33,941 | €96,165 | €5,475 | €177,047 | ▲ 32× |
| Operating profit (loss)9901 | €1,589 | €1,327 | €17,992 | €80,520 | -€3,493 | €156,937 | - |
| Financial income75/76B | - | - | - | €785 | - | - | - |
| Recurring financial income75 | €432 | €282 | €8 | €785 | - | - | - |
| Financial charges65/66B | - | - | - | €2,460 | €19,099 | €12,521 | ▼ 34.4% |
| Recurring financial charges65 | €2,596 | €1,294 | €2,909 | €2,460 | €13,455 | €12,521 | ▼ 6.9% |
| Non-recurring financial charges66B | - | - | - | - | €5,644 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€574 | €9,116 | €15,091 | €78,846 | -€22,593 | €144,416 | - |
| Income taxes67/77 | - | - | €6,370 | €22,504 | - | €50,687 | - |
| Profit (loss) for the period9904 | -€574 | €9,116 | €8,721 | €56,342 | -€22,593 | €93,730 | - |
| Profit (loss) for the period to be appropriated9905 | -€574 | €9,116 | €8,721 | €56,342 | -€22,593 | €93,730 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €53,587 | €71,280 | €106,167 | €152,085 | €258,089 | €393,081 | ▲ 52.3% |
| Fixed assets21/28 | €393 | €90 | €32,085 | €18,822 | €10,003 | €4,999 | ▼ 50.0% |
| Intangible fixed assets21 | €303 | - | €20,592 | €13,899 | €9,449 | €4,999 | ▼ 47.1% |
| Tangible fixed assets22/27 | - | - | €11,493 | €4,923 | €555 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €1,730 | €195 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €3,193 | €360 | €0 | ▼ 100% |
| Financial fixed assets28 | €90 | €90 | - | - | - | - | - |
| Current assets29/58 | €53,195 | €71,190 | €74,082 | €133,263 | €248,086 | €388,083 | ▲ 56.4% |
| Stocks and contracts in progress3 | €23,494 | €26,520 | €31,218 | €28,045 | €17,812 | €28,478 | ▲ 59.9% |
| Stocks30/36 | - | - | - | €28,045 | €17,812 | €28,478 | ▲ 59.9% |
| Amounts receivable within one year40/41 | €28,814 | €44,351 | €35,172 | €104,113 | €230,043 | €359,422 | ▲ 56.2% |
| Trade receivables40 | - | - | - | €83,934 | €132,967 | €218,467 | ▲ 64.3% |
| Other amounts receivable41 | - | - | - | €20,179 | €97,076 | €140,955 | ▲ 45.2% |
| Cash at bank and in hand54/58 | €887 | €319 | €6,794 | €320 | €231 | €183 | ▼ 20.8% |
| Deferred charges and accrued income490/1 | - | - | - | €785 | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €53,587 | €71,280 | €106,167 | €152,085 | €258,089 | €393,081 | ▲ 52.3% |
| Equity10/15 | €13,780 | €22,895 | €38,067 | €94,409 | €71,816 | €164,713 | ▲ 129% |
| Contributions10/11 | €18,550 | €18,550 | - | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €1,860 | €1,860 | €13,067 | €69,409 | €46,816 | €139,713 | ▲ 198% |
| Distributable reserves133 | - | - | - | €69,409 | €46,816 | €139,713 | ▲ 198% |
| Profit (loss) carried forward14 | -€6,630 | €2,485 | - | - | - | €0 | - |
| Amounts payable17/49 | €39,808 | €48,385 | €68,100 | €57,676 | €186,273 | €228,368 | ▲ 22.6% |
| Amounts payable after more than one year17 | - | - | €27,211 | €16,865 | €9,754 | €2,468 | ▼ 74.7% |
| Financial debts170/4 | - | - | - | €16,865 | €9,754 | €2,468 | ▼ 74.7% |
| Amounts payable within one year42/48 | €39,808 | €48,385 | €40,889 | €40,811 | €176,519 | €225,900 | ▲ 28.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,939 | €10,601 | €7,286 | ▼ 31.3% |
| Trade debts44 | €14,102 | €19,479 | €29,545 | - | €115,513 | €122,377 | ▲ 5.9% |
| Suppliers440/4 | - | - | - | - | €115,513 | €122,377 | ▲ 5.9% |
| Taxes, remuneration and social security45 | - | - | - | €26,387 | €26,387 | €68,199 | ▲ 158% |
| Taxes450/3 | - | - | - | €26,387 | €26,387 | €68,199 | ▲ 158% |
| Other amounts payable47/48 | - | - | - | €7,485 | €24,018 | €28,037 | ▲ 16.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€574 | €9,116 | €8,721 | €56,342 | -€22,593 | €93,730 | - |
| + Depreciation and write-downs630 | €303 | €303 | €3,269 | €13,263 | €8,818 | €5,005 | ▼ 43.2% |
| Operating cash flow (approximation) | -€272 | €9,418 | €11,991 | €69,606 | -€13,774 | €98,735 | - |
| Investment in fixed assets (approximation) | - | €0 | -€35,264 | €0 | €0 | €0 | - |
| Change in cash | - | -€568 | €6,475 | -€6,474 | -€89 | -€48 | ▲ 46.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 17-09-2025 | 2025-00498728 |
| 31-12-2023 | abbreviated format | 07-02-2025 | 2025-00033531 |
| 31-12-2022 | abbreviated format | 07-02-2025 | 2025-00033532 |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02700107 |
| 30-06-2020 | micro format | 20-11-2020 | 2020-71500209 |
| 30-06-2019 | micro format | 29-10-2019 | 2019-72000078 |
| 30-06-2018 | abbreviated format | 16-11-2018 | 2018-72400205 |
| 30-06-2017 | abbreviated format | 07-12-2017 | 2017-71300445 |
| 30-06-2016 | abbreviated format | 15-11-2016 | 2016-67900140 |
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Of the 19,855 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,302. 7,645 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Philippe Van Liefferinge Boterhoek 3, 9860 Oosterzele |
07-07-2026 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
13-07
Bankruptcy
Opening
Enterprise Court of Ghent, Ghent division · judgment of 07-07-2026
01-06
KBO administration
Address struck
Tijgerstraat 17 bus L’adresse du siège Tijgerstraat 17 boîte 202 Tijgerstraat 17 Bfk. 202
202 9000 Gent werd doorgehaald met ingang, 9000 Gent · event 17-05-2026
2025
17-09
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 48 days late
07-02
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 191 days late
07-02
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 557 days late
2024
31-12
Financial
Back to profitnet €93,730
Net result €93,730 after one loss-making year.
31-12
Financial
Equity above €150,000equity €164,713 ▲129%
Equity rises from €71,816 to €164,713.
2023
31-12
Financial
Weakest financial yearnet -€22,593
Net result drops to -€22,593, the lowest in the series.
2022
28-01
NBB filing
Annual accounts filed
financial year 2021 · micro format
2020
20-11
NBB filing
Annual accounts filed
financial year 2020 · micro format
30-06
Financial
Back to profitnet €9,116
Net result €9,116 after one loss-making year.
2019
29-10
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2018
16-11
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2017
07-12
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2016
15-11
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 6 deeds read
About the unread acts
We know of 6 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Opening faillissement
CERTI PROJECTS is in the KBO register with the legal situation: opening faillissement.
- Legal situation
- Opening faillissement
- Last annual accounts
- financial year to 31 December 2024
- Legal form
- Private limited company
- Active since
- 23 March 2015
Register details
Identification
Legal formPrivate limited company
Founded23-03-2015
Financial year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43110Demolition
43221Plumbing work
43310Plastering work
43331Floor and wall tiling
43341Painting of buildings
Contact
E-mail
anthony@it-linck.be
Phone
+32497505605
E-invoicing
Reachable via Peppol
Peppol ID
0208:0607907413
Registered
12-05-2026
The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
1 application in Flanders since 2025 · 1 granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning); Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2015
Ground area
627 m²
Building footprint
404 m²
Building volume
4,113 m³
Parcel 44804D2730/00G008, Flanders · tallest building 16.0 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CERTI PROJECTS
since 2015unit no. 2.244.954.340
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44804D2730/00G008 | Flanders | 627 m² | 1 · 404 m² | 16.0 m · 4 |
How the parcels are linked
Good to know
The parcel matches the address exactly.