ACTIVE

Certimed

Financial year 2025 · closed on 31/12/2025
Net result
185,2 k €
+251.7% YoY
Revenue
10,1 M €
+2.1% YoY
Equity
8,5 M €
+2.2% YoY
Workforce
40,6 ETP
+7.4% YoY

What does Certimed do?

Certimed is a Non-profit organization incorporated in 1967. Its main activity is: Pre-primary education. Its registered office is in Hasselt. It employs on average 40,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0409.671.085
Incorporation
08/09/1967
Legal form
Non-profit organization
Registered office
Kempische steenweg 309 box 3.01
3500 Hasselt · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
40,6 ETP
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122007
Income statement
Revenue10,1 M €9,9 M €9,9 M €8,9 M €8,2 M €8,2 M €11 M €11,3 M €11,4 M €8,4 M €8,6 M €9 M €9,4 M €10,3 M €
EBITDA690,6 k €452,7 k €467,4 k €350,6 k €-353,5 k €-312,1 k €907 k €563,3 k €529,5 k €237,9 k €-17,1 k €-902,7 k €38,3 k €-64 k €307,1 k €
Operating result377,8 k €55,6 k €73,5 k €-61,1 k €-763,9 k €-624,7 k €638,8 k €56,1 k €188,2 k €6,9 k €-178,4 k €-1 M €-51,4 k €-115,3 k €58,1 k €
Net result185,2 k €-122,1 k €113,6 k €-35,7 k €-688,6 k €-565,1 k €727,5 k €184,9 k €294,9 k €163,2 k €-97,4 k €-844,5 k €164,4 k €189,6 k €84,8 k €
Balance sheet
Equity8,5 M €8,3 M €8,4 M €8,3 M €8,4 M €9,1 M €9,6 M €8,9 M €8,7 M €5,8 M €5,6 M €5,7 M €6,5 M €6,4 M €4,7 M €
Total assets10,8 M €11 M €11 M €11 M €11,1 M €10,6 M €11 M €11,1 M €10,3 M €6,4 M €7,2 M €6,7 M €7,9 M €7,9 M €6,3 M €
Cash418,1 k €275,4 k €1,2 M €691 k €737,9 k €4,1 M €4,3 M €3,9 M €2,9 M €449 k €1 M €909,3 k €1,7 M €636,3 k €644,1 k €
Debts2,2 M €2,6 M €2,5 M €2,6 M €2,7 M €1,5 M €1,3 M €2,1 M €1,2 M €497,3 k €1,4 M €802,1 k €619,6 k €824,2 k €756,1 k €
Other
Workforce40,6 ETP37,8 ETP33,2 ETP33,1 ETP32,4 ETP34,0 ETP35,2 ETP38,1 ETP38,4 ETP29,4 ETP27,6 ETP34,4 ETP32,6 ETP34,8 ETP34,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 97 ended

Active mandates

JINVEST

Director · since 24 juin 2025 · until 27 juin 2028 · 0477.073.417

Represented by Jurgen INGELS

Active
PIRENNE & PARTNERS

Director · since 24 juin 2025 · until 23 juin 2026 · 0810.741.638

Represented by Marc Pirenne

Active
ADDED VALUE SERVICES

Director · since 25 juin 2024 · until 29 juin 2027 · 0476.337.405

Represented by Louis KEMPS

Active
D.R. BEHEER

Chairman of the board of directors · since 25 juin 2024 · until 23 juin 2026 · 0873.554.779

Represented by Walter De Roey

Active
MENSURA CONSULT

Director · since 25 juin 2024 · until 29 juin 2027 · 0873.758.677

Represented by GRETEL SCHRIJVERS

Active
Philippe Muyters

Director · since 25 juin 2024 · until 29 juin 2027 · 0764.696.332

Represented by Philippe Muyters

Active
Christophe Maes

Director · since 27 juin 2023 · until 12 octobre 2025

Active
Christophe Maes

Director · since 27 juin 2023 · until 10 décembre 2025

Active
Federale Assurance

Director · since 22 juin 2023 · until 30 juin 2026 · 0408.183.324

Represented by Tom De Troch

Active
Sophie Bulcke

Director · since 22 juin 2023 · until 30 juin 2026

Active

Ended mandates

D.R. BEHEER

Chairman of the board of directors · since 25 juin 2024 · until 29 juin 2027 · 0873.554.779

Represented by Walter De Roey

Ended
Christophe Maes

Director · since 22 juin 2023 · until 30 juin 2026

Ended
JINVEST

Director · since 23 juin 2022 · until 24 juin 2025 · 0477.073.417

Represented by Jurgen INGELS

Ended
PIRENNE & PARTNERS

Director · since 23 juin 2022 · until 24 juin 2025 · 0810.741.638

Represented by Marc Pirenne

Ended
At this address

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HELDER GROEPActive
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HELDER PLANActive
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HELDER WONENActive
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MOBILE VIKINGSActive
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202625/06/202527/06/202406/07/202330/06/202216/06/2021
General meeting23/06/202624/06/202525/06/202427/06/202323/06/202210/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

37 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202626/06/2026FrenchPDF
Full model31/12/202523/06/202626/06/2026DutchPDF
Full model31/12/202424/06/202525/06/2025DutchPDF
Full model31/12/202424/06/202525/06/2025FrenchPDF
Full model31/12/202325/06/202427/06/2024FrenchPDF
Full model31/12/202325/06/202427/06/2024DutchPDF
Full model31/12/202227/06/202306/07/2023DutchPDF
Full model31/12/202227/06/202306/07/2023FrenchPDF
Full model31/12/202123/06/202230/06/2022DutchPDF
Full model31/12/202123/06/202230/06/2022FrenchPDF
Full model31/12/202010/06/202116/06/2021DutchPDF
Full model31/12/202010/06/202116/06/2021FrenchPDF
Full model31/12/201901/07/202002/07/2020DutchPDF
Full model31/12/201901/07/202002/07/2020FrenchPDF
Full model31/12/201825/06/201901/07/2019DutchPDF
Full model31/12/201825/06/201901/07/2019FrenchPDF
Full model31/12/201726/06/201827/06/2018FrenchPDF
Full model31/12/201726/06/201827/06/2018DutchPDF
Full model31/12/201627/06/201728/06/2017DutchPDF
Full model31/12/201627/06/201728/06/2017FrenchPDF
Full model31/12/201521/06/201622/06/2016FrenchPDF
Full model31/12/201521/06/201622/06/2016DutchPDF
Full model31/12/201416/06/201522/06/2015DutchPDF
Full model31/12/201416/06/201522/06/2015FrenchPDF

View all 37 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 97 ended

Active mandates

JINVEST

Director · since 24 juin 2025 · until 27 juin 2028 · 0477.073.417

Represented by Jurgen INGELS

Active
PIRENNE & PARTNERS

Director · since 24 juin 2025 · until 23 juin 2026 · 0810.741.638

Represented by Marc Pirenne

Active
ADDED VALUE SERVICES

Director · since 25 juin 2024 · until 29 juin 2027 · 0476.337.405

Represented by Louis KEMPS

Active
D.R. BEHEER

Chairman of the board of directors · since 25 juin 2024 · until 23 juin 2026 · 0873.554.779

Represented by Walter De Roey

Active
MENSURA CONSULT

Director · since 25 juin 2024 · until 29 juin 2027 · 0873.758.677

Represented by GRETEL SCHRIJVERS

Active
Philippe Muyters

Director · since 25 juin 2024 · until 29 juin 2027 · 0764.696.332

Represented by Philippe Muyters

Active
Christophe Maes

Director · since 27 juin 2023 · until 12 octobre 2025

Active
Christophe Maes

Director · since 27 juin 2023 · until 10 décembre 2025

Active
Federale Assurance

Director · since 22 juin 2023 · until 30 juin 2026 · 0408.183.324

Represented by Tom De Troch

Active
Sophie Bulcke

Director · since 22 juin 2023 · until 30 juin 2026

Active

Ended mandates

D.R. BEHEER

Chairman of the board of directors · since 25 juin 2024 · until 29 juin 2027 · 0873.554.779

Represented by Walter De Roey

Ended
Christophe Maes

Director · since 22 juin 2023 · until 30 juin 2026

Ended
JINVEST

Director · since 23 juin 2022 · until 24 juin 2025 · 0477.073.417

Represented by Jurgen INGELS

Ended
PIRENNE & PARTNERS

Director · since 23 juin 2022 · until 24 juin 2025 · 0810.741.638

Represented by Marc Pirenne

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/10/2024
    DIVERSEN
    PDF
  • Other11/10/2024
    DIVERS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025185,2 k €
  2. 2024
    Annual accounts 2024-122,1 k €
  3. 2023
    Annual accounts 2023113,6 k €
  4. 2022
    Annual accounts 2022-35,7 k €
  5. 2021
    Annual accounts 2021-688,6 k €
  6. 2020
    Annual accounts 2020-565,1 k €
  7. 2019
    Annual accounts 2019727,5 k €
  8. 2018
    Annual accounts 2018184,9 k €
  9. 2017
    Annual accounts 2017294,9 k €
  10. 2016
    Annual accounts 2016163,2 k €
  11. 2015
    Annual accounts 2015-97,4 k €
  12. 2015
    Name changeCertimed
  13. 2014
    Annual accounts 2014-844,5 k €
  14. 2013
    Annual accounts 2013164,4 k €
  15. 2012
    Annual accounts 2012189,6 k €
  16. 2012
    Name changeMensura Absentéisme
  17. 2007
    Annual accounts 200784,8 k €
  18. 2007
    Name changeENCARE Absenteïsme
  19. 08/09/1967
    IncorporationNon-profit organization