CERTUS RVS
ActiveSummary
CERTUS RVS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188,665 and a net result of €57,023. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 1040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▲+91
Solvency90▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 2.63 against 2.22 in 2024; short-term debt: 32.7% and cash: 17.2% of total assets), and 35.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.9%
Return on assets
19.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 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 filingsDeviation from the deadline
2025
47 d late
2024
25 d late
2023
31 d late
2022
350 d late
2021
30 d late
2020
152 d late
2019
242 d late
← 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 125 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€188,665▲ 43.3%
2024 · €131,641
Total assets
€290,634▲ 36.5%
2024 · €212,867
Net result
€57,023
2024 · -€28,294
Working capital
€154,806▲ 55.8%
2024 · €99,362
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,180▼ 88.7%€18,998▲ 132%-€6,413-€33,422▼ 421%€60,343
Net result€5,914▼ 89.3%€20,426▲ 245%-€6,221-€28,294▼ 355%€57,023
Equity€145,730▲ 4.2%€166,156▲ 14.0%€159,935▼ 3.7%€131,641▼ 17.7%€188,665▲ 43.3%
Total assets€229,780▼ 10.9%€277,976▲ 21.0%€283,046▲ 1.8%€212,867▼ 24.8%€290,634▲ 36.5%
Debt€84,050▼ 28.8%€111,820▲ 33.0%€123,111▲ 10.1%€81,225▼ 34.0%€101,970▲ 25.5%
Working capital€92,915▲ 0.4%€126,805▲ 36.5%€117,078▼ 7.7%€99,362▼ 15.1%€154,806▲ 55.8%
Staff (FTE)2=2=2=1.4▼ 30.0%1▼ 28.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €60,343 after a loss of €33,422 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €290,634
Fixed assets
€40,843 ▲ 26.5%
Current assets
€249,791 ▲ 38.3%
Equity and liabilities €290,634
Equity
€188,665 ▲ 43.3%
Debt
€101,970 ▲ 25.5%
Debt's share of the balance-sheet total falls from 38.2% to 35.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70,329▲
2024 · -€20,750
Cash flow
€67,009▲
2024 · -€15,622
Current ratio
2.63▲
2024 · 2.22
Quick ratio
2.62▲
2024 · 2.21
Debt to equity
0.54▼
2024 · 0.62
ROE
30.2%▲
2024 · -21.5%
ROA
19.6%▲
2024 · -13.3%
Interest coverage
42.21▲
2024 · -9.40
Debt ≤ 1 year
€94,985▲
2024 · €81,225
Debt > 1 year
€6,984
Income taxes
€7,573
Staff costs
€56,046▼
2024 · €87,985
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €107,862 | €108,633 | €134,496 | €87,985 | €56,046 | ▼ 36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,244 | €14,837 | €11,451 | €12,671 | €9,986 | ▼ 21.2% |
| Other operating charges640/8 | €1,058 | €601 | €332 | €732 | €349 | ▼ 52.3% |
| Gross operating margin9900 | €135,344 | €143,068 | €139,867 | €67,966 | €126,725 | ▲ 86.5% |
| Operating profit (loss)9901 | €8,180 | €18,998 | -€6,413 | -€33,422 | €60,343 | ▲ 281% |
| Financial income75/76B | €0 | €9,461 | €7,096 | €7,335 | €5,919 | ▼ 19.3% |
| Recurring financial income75 | €0 | €9,461 | €7,096 | €7,335 | €5,919 | ▼ 19.3% |
| Financial charges65/66B | €1,898 | €1,550 | €1,982 | €2,207 | €1,666 | ▼ 24.5% |
| Recurring financial charges65 | €1,898 | €1,550 | €1,982 | €2,207 | €1,666 | ▼ 24.5% |
| Profit (loss) for the period before taxes9903 | €6,282 | €26,908 | -€1,299 | -€28,294 | €64,596 | ▲ 328% |
| Income taxes67/77 | €369 | €6,482 | €4,922 | - | €7,573 | - |
| Profit (loss) for the period9904 | €5,914 | €20,426 | -€6,221 | -€28,294 | €57,023 | ▲ 302% |
| Profit (loss) for the period to be appropriated9905 | €5,914 | €20,426 | -€6,221 | -€28,294 | €57,023 | ▲ 302% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €229,780 | €277,976 | €283,046 | €212,867 | €290,634 | ▲ 36.5% |
| Fixed assets21/28 | €54,188 | €39,352 | €44,950 | €32,279 | €40,843 | ▲ 26.5% |
| Tangible fixed assets22/27 | €48,673 | €33,837 | €39,435 | €26,764 | €35,328 | ▲ 32.0% |
| Land and buildings22 | €7,698 | €9,387 | €6,704 | €4,021 | €2,166 | ▼ 46.1% |
| Plant, machinery and equipment23 | €20,362 | €8,917 | €7,928 | €4,174 | €1,555 | ▼ 62.7% |
| Furniture and vehicles24 | €19,833 | €15,533 | €24,803 | €18,570 | €31,607 | ▲ 70.2% |
| Other tangible fixed assets26 | €781 | - | - | - | - | - |
| Financial fixed assets28 | €5,515 | €5,515 | €5,515 | €5,515 | €5,515 | = |
| Current assets29/58 | €175,592 | €238,625 | €238,096 | €180,588 | €249,791 | ▲ 38.3% |
| Stocks and contracts in progress3 | €1,700 | €1,250 | €1,250 | €750 | €700 | ▼ 6.7% |
| Stocks30/36 | €1,700 | €1,250 | €1,250 | €750 | €700 | ▼ 6.7% |
| Amounts receivable within one year40/41 | €147,955 | €229,146 | €232,783 | €161,352 | €199,161 | ▲ 23.4% |
| Trade receivables40 | €14,983 | €87,682 | €104,085 | €46,258 | €92,844 | ▲ 101% |
| Other amounts receivable41 | €132,972 | €141,464 | €128,698 | €115,094 | €106,316 | ▼ 7.6% |
| Cash at bank and in hand54/58 | €25,425 | €8,229 | €4,063 | €18,485 | €49,931 | ▲ 170% |
| Deferred charges and accrued income490/1 | €513 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €229,780 | €277,976 | €283,046 | €212,867 | €290,634 | ▲ 36.5% |
| Equity10/15 | €145,730 | €166,156 | €159,935 | €131,641 | €188,665 | ▲ 43.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €125,270 | €145,696 | €139,475 | €111,181 | €168,205 | ▲ 51.3% |
| Amounts payable17/49 | €84,050 | €111,820 | €123,111 | €81,225 | €101,970 | ▲ 25.5% |
| Amounts payable after more than one year17 | €1,373 | - | €2,094 | - | €6,984 | - |
| Financial debts170/4 | €1,373 | - | €2,094 | - | €6,984 | - |
| Amounts payable within one year42/48 | €82,677 | €111,820 | €121,017 | €81,225 | €94,985 | ▲ 16.9% |
| Current portion of amounts payable after more than one year42 | €6,823 | €6,644 | €9,516 | €5,281 | €14,176 | ▲ 168% |
| Financial debts43 | - | - | €24 | €30 | €30 | = |
| Credit institutions430/8 | - | - | €24 | €30 | €30 | = |
| Trade debts44 | €45,722 | €60,573 | €69,566 | €50,405 | €41,221 | ▼ 18.2% |
| Suppliers440/4 | €45,722 | €60,573 | €69,566 | €50,405 | €41,221 | ▼ 18.2% |
| Taxes, remuneration and social security45 | €29,032 | €43,505 | €40,812 | €24,411 | €38,460 | ▲ 57.6% |
| Taxes450/3 | €19,505 | €24,657 | €28,237 | €13,637 | €30,760 | ▲ 126% |
| Remuneration and social security454/9 | €9,527 | €18,848 | €12,575 | €10,774 | €7,700 | ▼ 28.5% |
| Other amounts payable47/48 | €1,099 | €1,099 | €1,099 | €1,099 | €1,099 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,914 | €20,426 | -€6,221 | -€28,294 | €57,023 | ▲ 302% |
| + Depreciation and write-downs630 | €18,244 | €14,837 | €11,451 | €12,671 | €9,986 | ▼ 21.2% |
| Operating cash flow (approximation) | €24,158 | €35,263 | €5,230 | -€15,622 | €67,009 | ▲ 529% |
| Investment in fixed assets (approximation) | - | €0 | -€17,050 | €0 | -€18,550 | - |
| Change in cash | - | -€17,196 | -€4,166 | €14,422 | €31,445 | ▲ 118% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 47 days late
2025
31-12
Financial
Back to profitnet €57,023
Net result €57,023 after 2 loss-making years.
31-12
Financial
Equity above €150,000Eq €188,665 ▲43.3%
Equity rises from €131,641 to €188,665.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet -€28,294
Net result drops to -€28,294, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 350 days late
2022
31-12
Financial
Equity above €150,000Eq €166,156 ▲14%
4 profitable years in a row build equity to €166,156.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 152 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 242 days late
2020
31-12
Financial
Equity above €100,000Eq €139,816 ▲65.1%
2 profitable years in a row build equity to €139,816.
Show earlier events
2019
31-12
Financial
Back to profitnet €58,122
Net result €58,122 after one loss-making year.
15-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 137 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 92 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State 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.
Directors · office · real estate
Directors
3 acts for this company are 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, Lokeren · 1 establishment unit since 2008
Ground area
1,020 m²
Parcel 46014A1058/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
Spinnerslaan 14, 9160 Lokeren
since 20082.173.492.262
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A1058/00L000 | Flanders | 1,020 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Geerts betonstaal
BE 0445.072.721
Balen · Eq €192,172
A LA FORGE
BE 0434.520.804
Liège · Eq €192,184
GROUP MISSOTTEN
BE 0440.019.219
Sint-Truiden · Eq €185,195
Entreprises A.C.M. Prodesign
BE 0739.929.658
Tubize · Eq €193,515
Etablissements Ghilain
BE 0401.177.548
Mons · Eq €194,205
Of 559 companies in sector 25999 we hold annual accounts for 353. 245 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25999Manufacture of fabricated metal products, except machinery and equipment
25510Coating of metals
33120Repair and maintenance of machinery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806353674
Also
9925:BE0806353674
Registered
22-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.