ACTIVE

CERTITECH

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Financial year 2023 · closed on 30/06/2023

Net result

28,2 k €

+58.8% YoY

Gross margin

54,6 k €

+19.7% YoY

Equity

154,1 k €

+22.4% YoY

What does CERTITECH do?

CERTITECH is a Public limited company incorporated in 1989. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.501.564

Incorporation

26/09/1989

Legal form

Public limited company

Registered office

Beekstraatkouter 84
9031 Gent · FlandreSee on map

Contributed capital

61 973,00 €

Latest accounts

30/06/2023

Activities (NACE)

66220Activities of insurance agents and brokers· main 66220Activities of insurance agents and brokers 43350Building completion and finishing 43390Other building completion and finishing 71209Technical testing and analysis 71209Technical testing and analysis

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008		2007		2006		2005
Income statement
Gross margin	54,6 k €	+19.7%	45,6 k €	+88.6%	24,2 k €	-37.2%	38,5 k €	+30.6%	29,4 k €	+1026%	2,6 k €	-80.6%	13,5 k €	+71.1%	7,9 k €	+80.6%	4,4 k €	-36.6%	6,9 k €	-3.4%	7,1 k €	-54.5%	15,6 k €		–		-460,0 €		–		-426,0 €		–		-167,0 €
EBITDA	50,6 k €	+14.4%	44,3 k €	+2535%	-1,8 k €	-105%	37,1 k €	+33.3%	27,8 k €	+1106%	2,3 k €	-82.5%	13,2 k €	+67.8%	7,9 k €	+85.9%	4,2 k €	-37.3%	6,8 k €	-1.7%	6,9 k €	-53.3%	14,7 k €		–		-460,0 €		–		-426,0 €		–		-167,0 €
Operating result	42,3 k €	+24.6%	34,0 k €	+318%	-15,6 k €	-167%	23,4 k €	+23.6%	18,9 k €	+804%	-2,7 k €	-121%	13,0 k €	+65.2%	7,9 k €	+89.0%	4,2 k €	-37.7%	6,7 k €	-1.8%	6,8 k €	-53.5%	14,6 k €		–		-460,0 €		–		-426,0 €		–		-167,0 €
Net result	28,2 k €	+58.8%	17,8 k €	+210%	-16,2 k €	-197%	16,7 k €	-7.3%	18,0 k €	+660%	-3,2 k €	-137%	8,8 k €	+33.4%	6,6 k €	+110%	3,1 k €	-30.8%	4,5 k €	-5.2%	4,8 k €	-67.3%	14,6 k €		–		-562,0 €	-4583%	-12,0 €	+97.3%	-438,0 €	-4767%	-9,0 €	+94.9%	-178,0 €
Balance sheet
Equity	154,1 k €	+22.4%	125,9 k €	+16.4%	108,1 k €	-13.0%	124,3 k €	+15.5%	107,6 k €	+2.9%	104,6 k €	-3.0%	107,8 k €	+8.9%	99,0 k €	+7.1%	92,4 k €	+3.5%	89,3 k €	+5.4%	84,8 k €	+6.0%	80,0 k €	+22.4%	65,3 k €	0.0%	65,3 k €	-0.9%	65,9 k €	-0.0%	65,9 k €	-0.7%	66,4 k €	-0.0%	66,4 k €
Total assets	192,4 k €	+34.0%	143,6 k €	+6.1%	135,3 k €	-19.2%	167,5 k €	+28.6%	130,3 k €	+8.1%	120,5 k €	+4.5%	115,4 k €	+5.3%	109,5 k €	+14.6%	95,6 k €	+3.2%	92,6 k €	+2.8%	90,1 k €	+10.6%	81,5 k €	+15.2%	70,7 k €	0.0%	70,7 k €	-0.1%	70,8 k €	-0.0%	70,8 k €	-0.0%	70,9 k €	-0.0%	70,9 k €
Cash	15,2 k €	+348%	3,4 k €	+10.7%	3,1 k €	-88.8%	27,4 k €	+469%	4,8 k €	+114%	2,2 k €	+126%	996,0 €	-50.2%	2,0 k €	+261%	555,0 €	-84.0%	3,5 k €	-8.5%	3,8 k €	+11.5%	3,4 k €	+344%	765,0 €	0.0%	765,0 €	-11.9%	868,0 €	-1.4%	880,0 €	-1.5%	893,0 €	-0.9%	901,0 €
Debts	38,3 k €	+116%	17,7 k €	-35.0%	27,2 k €	-37.0%	43,3 k €	+90.5%	22,7 k €	+42.8%	15,9 k €	+111%	7,5 k €	-28.1%	10,5 k €	+236%	3,1 k €	-5.3%	3,3 k €	-35.7%	5,1 k €	+240%	1,5 k €	-71.9%	5,4 k €	0.0%	5,4 k €	+9.3%	4,9 k €	0.0%	4,9 k €	+9.4%	4,5 k €	+0.0%	4,5 k €
Other
Workforce	–		–		1,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2023 · 1 active · 5 ended

Active mandates

GREGORY POPPE

Mandate

Active

Ended mandates

GREGORY POPPE

Managing director · since 15 mars 2011 · until 15 mars 2017

Ended

GREGORY POPPE

Managing director · since 15 mars 2011

Ended

GREGORY POPPE

Managing director

Ended

MARIANNE MERCHIER

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
G&L Projects● Active	1008.085.564

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2022	01/07/2021	01/07/2020	01/07/2019	01/07/2018	01/07/2017
Closing of the financial year	30/06/2023	30/06/2022	30/06/2021	30/06/2020	30/06/2019	30/06/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/12/2023	27/12/2022	28/01/2022	26/02/2021	27/02/2020	24/12/2018
General meeting	28/12/2023	26/12/2022	31/12/2021	31/12/2020	28/12/2019	24/12/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2023	28/12/2023	28/12/2023	Dutch	PDF
Micro model	30/06/2022	26/12/2022	27/12/2022	Dutch	PDF
Abridged model	30/06/2021	31/12/2021	28/01/2022	Dutch	PDF
Abridged model	30/06/2020	31/12/2020	26/02/2021	Dutch	PDF
Abridged model	30/06/2019	28/12/2019	27/02/2020	Dutch	PDF
Abridged model	30/06/2018	24/12/2018	24/12/2018	Dutch	PDF
Abridged model	30/06/2017	28/12/2017	26/04/2018	Dutch	PDF
Abridged model	30/06/2016	28/12/2016	29/12/2016	Dutch	PDF
Abridged model	30/06/2015	29/12/2015	29/12/2015	Dutch	PDF
Abridged model	30/06/2014	31/12/2014	05/02/2015	Dutch	PDF
Abridged model	30/06/2013	31/12/2013	22/03/2014	Dutch	PDF
Abridged model	30/06/2012	31/12/2012	26/03/2013	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	28/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/12/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	17/11/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	04/12/2007	Dutch	PDF
Abridged model	31/12/2005	15/04/2006	04/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/06/2023 · 1 active · 5 ended

Active mandates

GREGORY POPPE

Mandate

Active

Ended mandates

GREGORY POPPE

Managing director · since 15 mars 2011 · until 15 mars 2017

Ended

GREGORY POPPE

Managing director · since 15 mars 2011

Ended

GREGORY POPPE

Managing director

Ended

MARIANNE MERCHIER

Managing director

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2023
Annual accounts 202328,2 k €↑
2022
Annual accounts 202217,8 k €↑
2021
Annual accounts 2021-16,2 k €↓
2020
Annual accounts 202016,7 k €↓
2019
Annual accounts 201918,0 k €↑
2018
Annual accounts 2018-3,2 k €↓
2017
Annual accounts 20178,8 k €↑
2016
Annual accounts 20166,6 k €↑
2015
Annual accounts 20153,1 k €↓
2014
Annual accounts 20144,5 k €↓
2013
Annual accounts 20134,8 k €↓
2012
Annual accounts 201214,6 k €↑
2010
Annual accounts 2010
2010
Name changeCERTITECH
2009
Annual accounts 2009-562,0 €↓
2008
Annual accounts 2008-12,0 €↑
2007
Annual accounts 2007-438,0 €↓
2006
Annual accounts 2006-9,0 €↑
2005
Annual accounts 2005-178,0 €
2005
Name changeDEVI
26/09/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CERTITECH

Overview

What does CERTITECH do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline