CRITERE
ActiveSummary
CRITERE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-13k) and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 275 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency2▲+2
Growth60▲+30
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.44 in 2023; short-term debt: 123.2% and cash: 22.7% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer 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
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 2024Solvency, return and age of the figures
Solvency
-23.2%
Return on assets
50.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 275 sector peers (2024).
NBB · sector comparisonPosition among 275 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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
not confirmed
2024
21 d late
2023
68 d late
2022
71 d late
2021
58 d late
2020
61 d late
2019
4 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
In the rankings
#5 oldest company in Jodoigne, Manufacturing sector
Turnover
€95k▼ 33.7%
2019 · €143k
EBIT margin
-14.6%▼ 36.9pp
2019 · 22.3%
Net result
€28k
2023 · €-32k
Working capital
€-26k▲ 37.1%
2023 · €-41k
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
Line20202021202220232024
Turnover€95k▼ 33.7%
Operating result€-14k€-4k▲ 70.0%€14k€-31k€33k
Net result€-15k€-5k▲ 67.8%€6k€-32k€28k
EBIT margin-14.6%▼ 36.9pp
Equity€-10k€-15k▼ 50.3%€-9k▲ 40.7%€-41k▼ 374%€-13k▲ 68.5%
Total assets€72k▼ 10.9%€21k▼ 71.3%€28k▲ 37.5%€32k▲ 13.4%€56k▲ 72.8%
Debt€82k▲ 8.5%€35k▼ 56.8%€37k▲ 5.2%€73k▲ 97.5%€69k▼ 6.2%
Working capital€-14k▼ 113%€-17k▼ 22.3%€-10k▲ 42.7%€-41k▼ 316%€-26k▲ 37.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €33k after a loss of €31k in 2023, the highest result in the available series.
Balance-sheet composition
Assets €56k
Fixed assets
€13k
Current assets
€43k
Key figures and ratios
EBITDA
€38k▲
2023 · €-30k
Cash flow
€33k▲
2023 · €-31k
Solvency
-23.2%▲
2023 · -127.1%
Current ratio
0.62▲
2023 · 0.44
Debt to equity
-5.31▼
2023 · -1.79
ROA
50.3%▲
2023 · -100.3%
Interest coverage
33.08▲
2023 · -25.57
Debt ≤ 1 year
€69k▼
2023 · €73k
Income taxes
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €95k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €1k | €1k | €5k | ▲ 351% |
| Other operating charges640/8 | - | €3k | €6k | €4k | €2k | ▼ 53.2% |
| Gross operating margin9900 | €-2k | €391 | €21k | €-26k | €40k | ▲ 253% |
| Operating profit (loss)9901 | €-14k | €-4k | €14k | €-31k | €33k | ▲ 205% |
| Financial income75/76B | - | €594 | €16 | €19 | €419 | ▲ 2,125% |
| Recurring financial income75 | €1 | €594 | €16 | €19 | €419 | ▲ 2,125% |
| Financial charges65/66B | - | €969 | €2k | €1k | €1k | ▼ 1.6% |
| Recurring financial charges65 | €997 | €969 | €2k | €1k | €1k | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | €-15k | €-5k | €12k | €-32k | €32k | ▲ 199% |
| Income taxes67/77 | €361 | €359 | €6k | - | €4k | - |
| Profit (loss) for the period9904 | €-15k | €-5k | €6k | €-32k | €28k | ▲ 187% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €-5k | €6k | €-32k | €28k | ▲ 187% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72k | €21k | €28k | €32k | €56k | ▲ 72.8% |
| Fixed assets21/28 | €4k | €3k | €1k | - | €13k | - |
| Tangible fixed assets22/27 | €4k | €3k | €1k | - | €13k | - |
| Plant, machinery and equipment23 | - | €2k | €1k | - | - | - |
| Furniture and vehicles24 | - | €184 | - | - | €13k | - |
| Current assets29/58 | €67k | €18k | €27k | €32k | €43k | ▲ 33.0% |
| Stocks and contracts in progress3 | €3k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €61k | €17k | €23k | €8k | €30k | ▲ 268% |
| Trade receivables40 | - | €9k | €12k | €2k | €21k | ▲ 988% |
| Other amounts receivable41 | - | €9k | €11k | €6k | €8k | ▲ 38.8% |
| Cash at bank and in hand54/58 | €4k | €562 | €4k | €24k | €13k | ▼ 46.3% |
| Deferred charges and accrued income490/1 | - | - | €106 | €635 | €553 | ▼ 12.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72k | €21k | €28k | €32k | €56k | ▲ 72.8% |
| Equity10/15 | €-10k | €-15k | €-9k | €-41k | €-13k | ▲ 68.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-30k | €-35k | €-29k | €-61k | €-33k | ▲ 45.6% |
| Amounts payable17/49 | €82k | €35k | €37k | €73k | €69k | ▼ 6.2% |
| Amounts payable within one year42/48 | €82k | €35k | €37k | €73k | €69k | ▼ 6.2% |
| Trade debts44 | €81k | €34k | €30k | €66k | €65k | ▼ 2.2% |
| Suppliers440/4 | - | €34k | €30k | €64k | €65k | ▲ 1.3% |
| Bills of exchange payable441 | - | - | - | €2k | - | - |
| Advances received on contracts in progress46 | - | - | - | €1k | - | - |
| Taxes, remuneration and social security45 | - | €2k | €7k | €6k | €4k | ▼ 31.3% |
| Taxes450/3 | - | €2k | €7k | €6k | €4k | ▼ 31.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €-5k | €6k | €-32k | €28k | ▲ 187% |
| + Depreciation and write-downs630 | €2k | €2k | €1k | €1k | €5k | ▲ 351% |
| Operating cash flow (approximation) | €-13k | €-3k | €7k | €-31k | €33k | ▲ 208% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €-4k | €4k | €19k | €-11k | ▼ 156% |
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
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 234 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Jodoigne
Ground area
8,289 m²
Building footprint
131 m²
Volume, LiDAR
791 m³
Parcel 25047B0204/00B000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25047B0204/00B000 | Wallonia | 8,289 m² | 1 · 131 m² | 8.1 m · 2 fl. |
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.
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Of 249 companies in sector 26110 we hold annual accounts for 183. 34 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
Founded29-04-1999
Fiscal year end31-12
Activities, NACEBEL 2025
26110Manufacture of computer, electronic and optical products
Scores and ratios are computed by Checked and are not a credit decision.