CRITERION
ActiveSummary
The computed 12-month bankruptcy probability of CRITERION is 1.9% (moderate). The latest annual accounts of CRITERION were filed more than 90 days after the deadline. The 2018 annual accounts show equity of €445,813 and a net result of €61,471. The company has been active since 1999 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2018
Profitability60
Solvency90
Growth-
Track record77
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2018Solvency, return and age of the figures
Solvency
65.4%
Return on assets
9%
Age of the figures
96 mo
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
neutral · No filing for years
The last filed financial year closed on 30-09-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-09-2019 close30-04-2020 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2018 was due by 30-04-2019 and was filed on 06-09-2019, 129 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
Late accounts filing
History
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Financials · fiscal year 2018, micro schema
Equity
€445,813
Total assets
€681,259
Net result
€61,471
Working capital
€546,043
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €681,259
Fixed assets
€16,951
Current assets
€664,307
Equity and liabilities €681,259
Equity
€445,813
Debt
€235,445
Debt finances 34.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€91,317
Cash flow
€64,615
Current ratio
5.62
Debt to equity
0.26
ROE
13.8%
ROA
9.0%
Debt ≤ 1 year
€118,264
Debt > 1 year
€117,181
Income taxes
€9,995
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,145 |
| Gross operating margin9900 | €94,418 |
| Operating profit (loss)9901 | €88,172 |
| Recurring financial income75 | €137 |
| Recurring financial charges65 | €16,843 |
| Profit (loss) for the period before taxes9903 | €71,466 |
| Income taxes67/77 | €9,995 |
| Profit (loss) for the period9904 | €61,471 |
| Profit (loss) for the period to be appropriated9905 | €61,471 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €681,259 | |
| Fixed assets21/28 | €16,951 | |
| Tangible fixed assets22/27 | €14,251 | |
| Financial fixed assets28 | €2,700 | |
| Current assets29/58 | €664,307 | |
| Amounts receivable within one year40/41 | €413,782 | |
| Cash at bank and in hand54/58 | €241,910 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €681,259 | |
| Equity10/15 | €445,813 | |
| Contributions10/11 | €6,208 | |
| Reserves13 | €290,590 | |
| Profit (loss) carried forward14 | €149,016 | |
| Amounts payable17/49 | €235,445 | |
| Amounts payable after more than one year17 | €117,181 | |
| Amounts payable within one year42/48 | €118,264 | |
| Trade debts44 | €16,054 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €61,471 |
| + Depreciation and write-downs630 | €3,145 |
| Operating cash flow (approximation) | €64,615 |
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
2023
15-09
KBO administration
Late accounts filing
2019
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 129 days late
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 365 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 268 days late
2015
21-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 174 days late
2014
09-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 70 days late
2013
25-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
26-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
29-03
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
12-04
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Gent · 1 establishment unit since 2000
Ground area
418 m²
Building footprint
414 m²
Volume, LiDAR
7,877 m³
Parcel 44804D1716/00Y000, Flanders · tallest building 22.2 m, ±7 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
CRITERION
since 20002.099.315.174
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D1716/00Y000 | Flanders | 418 m² | 1 · 414 m² | 22.2 m · 7 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-10-1999
Fiscal year end30-09
Contact
E-mail
nico.verstuyft@me.comGent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467060740
Also
9925:BE0467060740
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.