PEB Certi
ActivePEB Certi has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €190k and a net result of €74k. Equity is growing by ~65.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency20▼-10
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.79 in 2023), and 84.7% of the assets are financed with debt.
Credit advice for your own amount and term
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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 11613 sector peers (2024).
NBB · sector comparisonPosition among 11613 sector peers
Solvency
better than 17%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
110 d late
2023
1 d late
2022
104 d late
2021
33 d late
2020
398 d late
2019
224 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€190k▲ 63.8%
2023 · €116k
2018: €24k
2019: €-9k
2020: €34k
2021: €46k
2022: €81k
2023: €116k
2018 → 2024
Total assets
€1.24M▲ 156%
2023 · €483k
2018: €668k
2019: €559k
2020: €396k
2021: €387k
2022: €462k
2023: €483k
2018 → 2024
Net result
€74k▲ 113%
2023 · €35k
2018: €2k
2019: €-33k
2020: €42k
2021: €12k
2022: €35k
2023: €35k
2018 → 2024
Working capital
€-53k▼ 1.9%
2023 · €-52k
2018: €4k
2019: €-44k
2020: €-6k
2021: €18k
2022: €43k
2023: €-52k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€46k▲ 35.9%€81k▲ 77.6%€116k▲ 42.7%€190k▲ 63.8%
Operating result€76k-€26k▼ 66.1%€67k▲ 156%€68k▲ 2.7%€127k▲ 85.7%
Net result€42k-€12k▼ 71.5%€35k▲ 194%€35k▼ 2.2%€74k▲ 113%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 86% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.24M
Fixed assets
€411k▲ 42.4%
Current assets
€826k▲ 325%
Equity and liabilities €1.24M
Equity
€190k▲ 63.8%
Debt
€1.05M▲ 185%
The debt ratio rises from 76.0% to 84.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€157k▲
2023 · €90k
Cash flow
€104k▲
2023 · €56k
Solvency
15.3%▼
2023 · 24.0%
Current ratio
0.94▲
2023 · 0.79
Quick ratio
0.86▲
2023 · 0.79
Debt / equity
5.52▲
2023 · 3.17
ROE
39.0%▲
2023 · 29.9%
ROA
6.0%▼
2023 · 7.2%
Interest coverage
7.28▼
2023 · 7.56
Debt
€1.05M▲
2023 · €367k
Debt ≤ 1 year
€880k▲
2023 · €247k
Debt > 1 year
€162k▲
2023 · €119k
Income taxes
€31k▲
2023 · €22k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€483k€1.24M▲
Fixed assets21/28€289k€411k▲
Tangible fixed assets22/27€280k€403k▲
Land and buildings22€252k€380k▲
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€21k€17k▼
Financial fixed assets28€8k€8k=
Current assets29/58€194k€826k▲
Stocks and contracts in progress3€0€70k▲
Contracts in progress37€0€70k▲
Amounts receivable within one year40/41€193k€755k▲
Trade receivables40€193k€717k▲
Other amounts receivable41€900€38k▲
Cash at bank and in hand54/58€813€985▲
Equity and liabilities
Total equity and liabilities10/49€483k€1.24M▲
Equity10/15€116k€190k▲
Contributions10/11-€19k
Outside capital11-€19k
Other1109/19-€19k
Reserves13€94k€149k▲
Non-distributable reserves130/1€20k€2k▼
Reserves not available under the articles1311€2k€2k=
Other1319€19k-
Distributable reserves133€74k€148k▲
Profit (loss) carried forward14€22k€22k=
Amounts payable17/49€367k€1.05M▲
Amounts payable after more than one year17€119k€162k▲
Financial debts170/4€119k€162k▲
Amounts payable within one year42/48€247k€880k▲
Current portion of amounts payable after more than one year42€16k€119k▲
Financial debts43€23k€25k▲
Credit institutions430/8€23k€25k▲
Trade debts44€149k€648k▲
Suppliers440/4€149k€648k▲
Taxes, remuneration and social security45€20k€6k▼
Taxes450/3€20k€6k▼
Other amounts payable47/48€39k€81k▲
Accrued charges and deferred income492/3€1k€6k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€30k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€93k€161k▲
Operating profit (loss)9901€68k€127k▲
Financial charges65/66B€12k€22k▲
Recurring financial charges65€12k€22k▲
Profit (loss) for the period before taxes9903€56k€105k▲
Income taxes67/77€22k€31k▲
Profit (loss) for the period9904€35k€74k▲
Profit (loss) for the period to be appropriated9905€35k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€96k▲
Profit (loss) brought forward from the previous period14P€22k€22k=
Transfer to equity691/2€35k€74k▲
To other reserves6921€35k€74k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 110 days late
2024
31-12
Financial
Highest result since 2018net €74k ▲113%
Operating result €127k, net result €74k, both a record.
31-12
Financial
Equity above €150kEq €190k ▲63.8%
5 profitable years in a row build equity to €190k.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-12
Financial
Equity above €100kEq €116k ▲42.7%
4 profitable years in a row build equity to €116k.
12-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 104 days late
2022
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 398 days late
2021
12-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 224 days late
2020
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
2019
31-12
Financial
Weakest financial yearnet €-33k ▼1558%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2008
28-08
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 directors, no change since 2023
Murat Ozen
CurrentManaging director · since 25-10-2023
TEMEL Ali
Not recently confirmedManager · since 30-10-2017
25-10-2023
Murat Ozen: Appointed as Managing director
25-10-2023
TEMEL Ali: Resigned as Non-statutory director
11-04-2018
TEMEL Ali: Resigned as Manager
11-04-2018
TEMEL Ali: Appointed as Manager
30-10-2017
TEMEL Ali: Appointed as Manager
30-10-2017
Masa Yucel: Resigned as Manager
23-09-2016
Masa Yucel: Appointed as Manager
23-09-2016
Temel Eyupcan: Resigned as Manager
10-12-2014
Murat Ozen: Resigned as Manager
25-11-2014
Murat Ozen: Resigned as Manager
30-08-2011
Walgraaf Wendy: Resigned as Manager
16-11-2010
Temel Emine: Resigned as Manager
07-01-2010
Murat Ozen: Appointed as Manager
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 2005
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.
Blaisantvest 1059000 GentGround area
302 m²
Building footprint
183 m²
Volume, LiDAR
1,636 m³
Parcel 44807G0155/14N006, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Peb Certi
since 20052.148.017.290
Blaisantvest 106, 9000 Gent
since 20262.390.883.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0155/14N006 | Flanders | 301 m² | 1 · 183 m² | 13.1 m · 3 fl. |
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.
Similar companies · same sector, comparable size
QSCS
BE 0727.583.439
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SHEQ-CONSULT
BE 0825.617.478
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Wadu
BE 0830.288.821
Hasselt · Eq €191k
CULTURE CONTROLE
BE 0733.562.401
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DESCONTROL
BE 0465.657.111
Ardooie · Eq €188k
Of 2,136 companies in sector 71209 we hold annual accounts for 1,079. 807 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-07-2005
Fiscal year end31-12
Trade name NL
CertiExpress
Activities, NACEBEL
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.certiexpress.be
E-mail:info@certiexpress.be