CERTIWATT
Annual accounts 2025
micro format, filed on 01-07-2026, 30 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €160,000 and €350,000.
Balance sheet
balance sheet total €100,010 on 31-12-2025in euro
in euro
Position in the sector
30.2%
Higher than 32% of 35,136 companies in 2025.
1.29
Higher than 33% of 34,510 companies in 2025.
32.8%
Higher than 88% of 34,711 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€9,313
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, nobody joined and 1 person left. Training hours in 2025: 472.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
100,010 | 81,945 | 108,012 | 126,659 | 152,219 | |
21/28 |
9,749 | 10,989 | 22,182 | 40,790 | 68,890 | |
21 |
- | - | - | 0 | 1 | |
22/27 |
9,749 | 10,989 | 22,182 | 40,790 | 68,889 | |
23 |
493 | 2,040 | 4,972 | 9,047 | 13,123 | |
24 |
9,256 | 605 | 3,466 | 12,598 | 20,938 | |
25 |
0 | 8,344 | 13,744 | 19,144 | 34,829 | |
29/58 |
90,261 | 70,956 | 85,830 | 85,869 | 83,329 | |
3 |
28,674 | 32,499 | 33,268 | 47,400 | 35,000 | |
30/36 |
28,674 | 32,499 | 33,268 | 47,400 | 35,000 | |
40/41 |
27,914 | 14,512 | 32,279 | 28,856 | 9,089 | |
40 |
19,661 | 12,008 | 25,362 | 24,368 | 6,264 | |
41 |
8,253 | 2,504 | 6,917 | 4,488 | 2,825 | |
54/58 |
33,398 | 23,894 | 19,282 | 4,987 | 31,533 | |
490/1 |
275 | 51 | 1,002 | 4,627 | 7,706 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
100,010 | 81,945 | 108,012 | 126,659 | 152,219 | |
10/15 |
30,252 | -2,510 | -41,915 | -48,369 | -24,258 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
13 |
20,252 | - | - | - | - | |
133 |
20,252 | - | - | - | - | |
14 |
0 | -12,510 | -51,915 | -58,369 | -34,258 | |
17/49 |
69,757 | 84,455 | 149,927 | 175,028 | 176,476 | |
17 |
0 | 2,983 | 13,740 | 27,530 | 46,037 | |
170/4 |
- | 0 | 3,647 | 10,397 | 46,037 | |
178/9 |
0 | 2,983 | 10,093 | 17,133 | - | |
42/48 |
69,757 | 81,472 | 136,186 | 147,498 | 130,439 | |
42 |
2,983 | 10,757 | 38,789 | 38,053 | 16,961 | |
43 |
14,000 | - | - | - | 25,000 | |
430/8 |
- | - | - | - | 25,000 | |
439 |
14,000 | - | - | - | - | |
44 |
1,891 | 17,661 | 33,117 | 55,609 | 36,344 | |
440/4 |
1,891 | 17,661 | 33,117 | 55,609 | 36,344 | |
45 |
1,896 | 790 | 366 | 5,580 | 9,394 | |
450/3 |
1,500 | 0 | 220 | 220 | 484 | |
454/9 |
396 | 790 | 147 | 5,361 | 8,910 | |
47/48 |
48,988 | 52,264 | 63,914 | 48,256 | 42,741 | |
| Income statement | ||||||
76A |
1,743 | 0 | 22,654 | 0 | 4,235 | |
9900 |
49,004 | 56,680 | 29,601 | 3,283 | -5,535 | |
62 |
4,657 | 2,627 | 3,537 | 3,862 | 13,579 | |
630 |
2,749 | 11,193 | 15,162 | 17,816 | 11,384 | |
640/8 |
563 | 970 | 1,100 | 1,041 | 1,406 | |
66A |
- | 0 | 500 | 1,184 | - | |
9901 |
41,036 | 41,891 | 9,301 | -20,619 | -31,903 | |
75/76B |
2,164 | 572 | 467 | 0 | 0 | |
75 |
2,164 | 572 | 467 | 0 | 0 | |
65/66B |
463 | 3,058 | 3,314 | 3,492 | 2,355 | |
65 |
463 | 3,058 | 3,314 | 3,492 | 2,355 | |
9903 |
42,737 | 39,405 | 6,454 | -24,111 | -34,258 | |
67/77 |
9,976 | - | - | - | - | |
9904 |
32,762 | 39,405 | 6,454 | -24,111 | -34,258 | |
9905 |
32,762 | 39,405 | 6,454 | -24,111 | -34,258 | |
| Appropriation of the result | ||||||
9906 |
20,252 | -12,510 | -51,915 | -58,369 | -34,258 | |
14P |
-12,510 | -51,915 | -58,369 | -34,258 | - | |
691/2 |
20,252 | - | - | - | - | |
6920 |
20,252 | - | - | - | - | |
| Social balance sheet | ||||||
9087 |
0.5 | 0.3 | 0.2 | 0.3 | 0.5 | |
Hours worked1013 |
- | 472 | - | 64 | 821 | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00245851 | |
| 31-12-2024 | micro format | 19-06-2025 | 2025-00167646 | |
| 31-12-2023 | micro format | 21-06-2024 | 2024-00189776 | |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00242694 | |
| 31-12-2021 | micro format | 17-10-2022 | 2022-20462722 |
Subsidies and aid
Flemish government 2025, 1 entry, €1,000 awarded, €1,000 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 43,785 | 53,083 | 24,463 | -2,803 | -20,519 | ||
| 35,511 | 50,598 | 21,616 | -6,296 | -22,874 | ||
| 11,750 | 0 | 10,000 | 9,596 | 80,274 | ||
| 9,504 | 4,612 | 14,295 | -26,547 | - | ||
| 20,503 | -10,515 | -50,356 | -61,629 | -47,111 | ||
| 30.2% | -3.1% | -38.8% | -38.2% | -15.9% | ||
| 1.29 | 0.87 | 0.63 | 0.58 | 0.64 | ||
| 0.88 | 0.47 | 0.39 | 0.26 | 0.37 | ||
| 2.31 | - | - | - | - | ||
| 108.3% | - | - | - | - | ||
| 32.8% | 48.1% | 6.0% | -19.0% | -22.5% | ||
| 94.65 | 17.36 | 7.38 | -0.80 | -8.71 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | - | 1 | 1 |
| full-time | - | 1 | - | 1 | 1 |
| part-time | - | 0 | - | 0 | - |
| in full-time equivalents | - | 1 | - | 1 | 1 |
| 0.5 | 0.3 | 0.2 | 0.3 | 0.5 | |
| On a permanent contract | - | 1 | - | 0 | - |
| Joined | 0 | 1 | 0 | 2 | 1 |
| Left | 1 | 0 | 1 | 2 | 0 |
| Training hours | 472 | 471 | - | 3 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €11,750 | - | €10,000 | €9,596 | €80,272 |
| Intangible fixed assets | - | - | - | - | €2 |
| €2,749 | €11,193 | €15,162 | €17,816 | €11,384 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CERTIWATT
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total is 69.8%.