CRITERION
ActiveSummary
The computed 12-month bankruptcy probability of CRITERION is 4.5% (elevated). 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. Equity is shrinking by about 5.3% per year across the filed financial years. The company has been active since 1999 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Financials · financial year 2018, micro format
2019 annual accounts not yet filed, deadline passed on 30 April 2020 Financial year closed on 30 September 2019; filing due at the latest 7 months after the close (Companies Code art. 3:10). 7 financial years without a filing since the last one filed. Source: NBB filings, as of 20 October 2026.
2014 to 2018, 5 financial years 2014 to 2018, 5 financial years
The operating result returns to profit in 2018: €88,172 after a loss of €103,036 in 2017.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,516 | €14,910 | €13,938 | €4,020 | €3,145 | ▼ 21.8% |
| Other operating charges640/8 | - | - | €5,834 | - | - | - |
| Gross operating margin9900 | €219,131 | €122,845 | €113,746 | -€81,318 | €94,418 | - |
| Operating profit (loss)9901 | €195,945 | €104,332 | €93,974 | -€103,036 | €88,172 | - |
| Recurring financial income75 | €4,271 | €106 | €1,699 | €418 | €137 | ▼ 67.2% |
| Recurring financial charges65 | €14,921 | €21,617 | €10,047 | €17,660 | €16,843 | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | €171,879 | €69,821 | €82,449 | -€120,279 | €71,466 | - |
| Income taxes67/77 | €56,521 | €25,533 | €51,317 | €84,162 | €9,995 | ▼ 88.1% |
| Profit (loss) for the period9904 | €115,358 | €44,288 | €31,132 | -€204,441 | €61,471 | - |
| Profit (loss) for the period to be appropriated9905 | €115,358 | €44,288 | €31,132 | -€204,441 | €61,471 | - |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €957,856 | €888,420 | €870,173 | €591,929 | €681,259 | ▲ 15.1% |
| Fixed assets21/28 | €46,155 | €34,639 | €22,903 | €16,049 | €16,951 | ▲ 5.6% |
| Tangible fixed assets22/27 | €46,155 | €34,639 | €22,903 | €16,049 | €14,251 | ▼ 11.2% |
| Furniture and vehicles24 | - | - | €11,399 | - | - | - |
| Leasing and similar rights25 | - | - | €11,504 | - | - | - |
| Financial fixed assets28 | - | - | - | - | €2,700 | - |
| Current assets29/58 | €911,701 | €853,781 | €847,270 | €575,880 | €664,307 | ▲ 15.4% |
| Amounts receivable within one year40/41 | €122,241 | €309,689 | €270,835 | €360,818 | €413,782 | ▲ 14.7% |
| Trade receivables40 | - | - | €26,827 | - | - | - |
| Other amounts receivable41 | - | - | €244,008 | - | - | - |
| Cash at bank and in hand54/58 | €789,459 | €544,092 | €575,385 | €213,887 | €241,910 | ▲ 13.1% |
| Deferred charges and accrued income490/1 | - | - | €1,050 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €957,856 | €888,420 | €870,173 | €591,929 | €681,259 | ▲ 15.1% |
| Equity10/15 | €513,364 | €557,652 | €588,784 | €384,343 | €445,813 | ▲ 16.0% |
| Contributions10/11 | €6,208 | €6,208 | €6,208 | €6,208 | €6,208 | = |
| Capital10 | - | - | €6,208 | - | - | - |
| Issued capital100 | - | - | €18,600 | - | - | - |
| Uncalled capital101 | - | - | €12,392 | - | - | - |
| Reserves13 | €1,860 | €46,148 | €229,120 | €229,119 | €290,590 | ▲ 26.8% |
| Legal reserve130 | - | - | €1,860 | - | - | - |
| Distributable reserves133 | - | - | €227,260 | - | - | - |
| Profit (loss) carried forward14 | €505,296 | €505,296 | €353,456 | €149,016 | €149,016 | = |
| Amounts payable17/49 | €444,492 | €330,768 | €281,389 | €207,586 | €235,445 | ▲ 13.4% |
| Amounts payable after more than one year17 | €186,830 | €158,746 | €130,435 | €103,334 | €117,181 | ▲ 13.4% |
| Financial debts170/4 | - | - | €130,435 | - | - | - |
| Amounts payable within one year42/48 | €257,662 | €172,022 | €150,954 | €104,252 | €118,264 | ▲ 13.4% |
| Current portion of amounts payable after more than one year42 | - | - | €28,310 | - | - | - |
| Trade debts44 | €15,734 | €2,207 | €16,643 | €13,144 | €16,054 | ▲ 22.1% |
| Suppliers440/4 | - | - | €16,643 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €106,001 | - | - | - |
| Taxes450/3 | - | - | €106,001 | - | - | - |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €115,358 | €44,288 | €31,132 | -€204,441 | €61,471 | - |
| + Depreciation and write-downs630 | €19,516 | €14,910 | €13,938 | €4,020 | €3,145 | ▼ 21.8% |
| Operating cash flow (approximation) | €134,875 | €59,197 | €45,070 | -€200,421 | €64,615 | - |
| Investment in fixed assets (approximation) | - | -€3,393 | -€2,202 | €2,834 | -€4,047 | - |
| Change in cash | - | -€245,368 | €31,293 | -€361,498 | €28,023 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2018 | micro format | 06-09-2019 | 2019-63700153 |
| 30-09-2017 | micro format | 30-04-2019 | 2019-11800225 |
| 30-09-2016 | abbreviated format | 26-06-2017 | 2017-23200103 |
| 30-09-2015 | abbreviated format | 23-01-2017 | 2017-01900469 |
| 30-09-2014 | abbreviated format | 21-10-2015 | 2015-65300472 |
| 30-09-2013 | abbreviated format | 09-07-2014 | 2014-28700551 |
| 30-09-2012 | abbreviated format | 25-04-2013 | 2013-09900159 |
| 30-09-2011 | abbreviated format | 26-04-2012 | 2012-09800086 |
| 30-09-2010 | abbreviated format | 29-03-2011 | 2011-07300129 |
| 30-09-2009 | abbreviated format | 12-04-2010 | 2010-09000553 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.