Certuz

Active

Private limited companyfounded 20187 yrs activeKoordhoekstraat 34, 8610 Kortemark, BelgiumKBO/BCE: BE 0716.767.048

Certuz has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €57k. Its solvency ranks better than 20% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

71 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability95▲+7

Solvency42▼-2

Growth58

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity tight (current ratio 1.05 against 1.06 in 2024; short-term debt: 59.5% and cash: 30.3% of total assets), and 83% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

17%

Return on assets

21.1%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9450 sector peers (2025).

NBB · sector comparison

Position among 9450 sector peers

Solvency

better than 20%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-03-2026, 129 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

129 d early

2024

70 d early

← before the deadline after the deadline →

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 months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€46k▼ 0.9%

2024 · €47k

2024: €47k

2024 → 2025

Total assets

€272k▲ 12.3%

2024 · €242k

2024: €242k

2024 → 2025

Net result

€57k▲ 52.4%

2024 · €38k

2024: €38k

2024 → 2025

Working capital

€8k▲ 3.3%

2024 · €8k

2024: €8k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€47k-€46k▼ 0.9%

Operating result€55k-€79k▲ 42.4%

Net result€38k-€57k▲ 52.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 42% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €272k

37.5%

62.5%

Fixed assets €102k▼ 7.6%

Current assets €170k▲ 28.9%

Equity and liabilities €272k

17.0%

83.0%

Equity €46k▼ 0.9%

Debt €226k▲ 15.4%

The debt ratio rises from 80.8% to 83.0%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€93k▲

2024 · €65k

Cash flow

€72k▲

2024 · €48k

Solvency

17.0%▼

2024 · 19.2%

Current ratio

1.05▼

2024 · 1.06

Quick ratio

1.05▼

2024 · 1.06

Debt / equity

4.89▲

2024 · 4.20

ROE

124.2%▲

2024 · 80.7%

ROA

21.1%▲

2024 · 15.5%

Interest coverage

21.31▲

2024 · 15.15

Debt

€226k▲

2024 · €196k

Debt ≤ 1 year

€162k▲

2024 · €124k

Debt > 1 year

€64k▼

2024 · €72k

Income taxes

€17k▲

2024 · €13k

Staff costs

€147k▲

2024 · €143k

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 2024

Balance sheet Code20242025

Assets

Total assets20/58€242k€272k▲

Fixed assets21/28€110k€102k▼

Tangible fixed assets22/27€110k€102k▼

Land and buildings22€23k€22k▼

Plant, machinery and equipment23€78k€70k▼

Furniture and vehicles24€8k€10k▲

Current assets29/58€132k€170k▲

Amounts receivable within one year40/41€46k€81k▲

Trade receivables40€46k€78k▲

Other amounts receivable41€52€3k▲

Cash at bank and in hand54/58€79k€82k▲

Deferred charges and accrued income490/1€7k€7k▼

Equity and liabilities

Total equity and liabilities10/49€242k€272k▲

Equity10/15€47k€46k▼

Contributions10/11€1k€1k=

Reserves13€45k€45k=

Distributable reserves133€45k€45k=

Profit (loss) carried forward14€456€41▼

Amounts payable17/49€196k€226k▲

Amounts payable after more than one year17€72k€64k▼

Financial debts170/4€72k€64k▼

Amounts payable within one year42/48€124k€162k▲

Current portion of amounts payable after more than one year42€7k€8k▲

Trade debts44€13k€30k▲

Suppliers440/4€13k€30k▲

Taxes, remuneration and social security45€43k€40k▼

Taxes450/3€26k€22k▼

Remuneration and social security454/9€17k€18k▲

Other amounts payable47/48€60k€84k▲

Income statement Code20242025

Remuneration, social security and pensions62€143k€147k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k▲

Other operating charges640/8€2k€833▼

Gross operating margin9900€210k€241k▲

Operating profit (loss)9901€55k€79k▲

Financial income75/76B€0€163▲

Recurring financial income75€0€163▲

Financial charges65/66B€4k€4k▲

Recurring financial charges65€4k€4k▲

Profit (loss) for the period before taxes9903€51k€75k▲

Income taxes67/77€13k€17k▲

Profit (loss) for the period9904€38k€57k▲

Profit (loss) for the period to be appropriated9905€38k€57k▲

Appropriation of the result

Profit (loss) to be appropriated9906€39k€58k▲

Profit (loss) brought forward from the previous period14P€2k€456▼

Profit to be distributed694/7€39k€58k▲

Return on contributions (dividend)694€39k€57k▲

Directors or managers695-€700

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

24-03

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

22-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Kortemark · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Koordhoekstraat 348610 Kortemark

Ground area

590 m²

Building footprint

212 m²

Parcel 32027A0246/00F000, Flanders. Linked by address, not a title deed.

1 establishment unit

Studiebureau Certuz

Koordhoekstraat 34, 8610 KortemarkActivities of building architects

since 20182.283.497.784

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
32027A0246/00F000	Flanders	589 m²	1 · 212 m²	-

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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 16,856 EUR awarded · 16,856 EUR paid

Year	Entries	awarded	paid
2025	1	3,675 EUR	3,675 EUR
2024	1	5,987 EUR	5,987 EUR
2023	1	4,224 EUR	4,224 EUR
2022	1	2,970 EUR	2,970 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

4 entries · 16,856 EUR · 16,856 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,554 companies in sector 71121 we hold annual accounts for 6,562. 4,840 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-12-2018

Fiscal year end31-12

Activities, NACEBEL

71121Engineering and related technical consultancy, excluding land surveyors

74909Other professional, scientific and technical activities

74999Other professional, scientific and technical activities

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.