NORMAL SITUATION

CERTI-BAISA

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Financial year 2025 · closed on 31/12/2025

Net result

-52,5 k €

Gross margin

-51,4 k €

-4208.7% YoY

Equity

9 k €

-85.3% YoY

Workforce

0,0 ETP

Company — Normal situation.

What does CERTI-BAISA do?

CERTI-BAISA is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0838.700.503

Legal form

Public limited company

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Signals

Good liquidity

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	-51,4 k €	-4209%	1,2 k €	+25.3%	997,1 €	+43.1%	696,9 €	+15.1%	605,6 €	+203%	199,7 €		–		–		–		–		–		–		–
EBITDA	-51,9 k €	-6112%	862,5 €	+40.8%	612,7 €	+75.4%	349,4 €	+35.3%	258,1 €	+29.3%	199,7 €	-86.8%	1,5 k €	+224%	-1,2 k €	-587%	250 €	-55.6%	562,9 €	-98.3%	33,9 k €	+260%	-21,2 k €	-72.1%	-12,3 k €
Operating result	-51,9 k €	-6112%	862,5 €	+40.8%	612,7 €	+75.4%	349,4 €	+35.3%	258,1 €	+29.3%	199,7 €	-86.8%	1,5 k €	+224%	-1,2 k €	-587%	250 €	-55.6%	562,9 €	-98.3%	33,9 k €	+260%	-21,2 k €	-72.1%	-12,3 k €
Net result	-52,5 k €		–		–		–		–		–		1,2 k €	+189%	-1,4 k €	-2711%	52,6 €	+501%	8,8 €	-100.0%	33,6 k €	+258%	-21,2 k €	-72.6%	-12,3 k €
Balance sheet
Equity	9 k €	-85.3%	61,5 k €	0.0%	61,5 k €	0.0%	61,5 k €	0.0%	61,5 k €	0.0%	61,5 k €	0.0%	61,5 k €	+2.0%	60,3 k €	-2.2%	61,7 k €	+0.1%	61,6 k €	+0.0%	61,6 k €	+120%	28 k €	-43.1%	49,2 k €
Total assets	40 k €	-43.9%	71,2 k €	-2.0%	72,7 k €	+12.0%	64,9 k €	-17.8%	79 k €	+7.3%	73,6 k €	+1.1%	72,8 k €	+5.3%	69,2 k €	-0.6%	69,6 k €	-3.1%	71,8 k €	-2.8%	73,9 k €	+103%	36,3 k €	-40.6%	61,2 k €
Cash	23,6 k €	+32.2%	17,9 k €	-32.3%	26,4 k €	+11.8%	23,6 k €		0 €	-100%	49,6 k €	+2.7%	48,3 k €	+120%	22 k €	+74.5%	12,6 k €	-67.3%	38,6 k €	-37.9%	62,1 k €	+98.6%	31,3 k €	-48.8%	61,1 k €
Debts	31 k €	+218%	9,7 k €	-13.1%	11,2 k €	+227%	3,4 k €	-80.4%	17,5 k €	+44.3%	12,1 k €	+7.1%	11,3 k €	+44.1%	7,9 k €	-1.5%	8 k €	-22.1%	10,2 k €	-16.8%	12,3 k €	+47.5%	8,3 k €	-30.3%	12 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

Jean-Pierre Van Houdt

Director · since 15 juin 2022 · until 26 mars 2026

Active

Pragma Business Services

Director · since 15 juin 2022 · until 26 mars 2026 · 0825.380.324

Represented by Erik Adam

Active

Ended mandates

Stephane Brimont

Director · since 04 mars 2016 · until 11 avril 2019

Ended

Stephane Brimont

Director · since 04 mars 2016 · until 06 juin 2022

Ended

Pragma Business Services

Director · since 01 juin 2015 · until 07 juin 2021 · 0825.380.324

Represented by Laurent Van Den Berge

Ended

Pragma Business Services

Director · since 01 juin 2015 · until 07 juin 2021 · 0825.380.324

Represented by Erik ADAM

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/05/2026	04/06/2025	03/07/2024	09/06/2023	27/06/2022	23/06/2021
General meeting	26/03/2026	02/06/2025	03/06/2024	05/06/2023	07/06/2022	07/06/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/03/2026	08/05/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	04/06/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	03/07/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	09/06/2023	French	PDF
Abridged model	31/12/2021	07/06/2022	27/06/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	23/06/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	09/07/2020	French	PDF
Abridged model	31/12/2018	31/07/2019	30/08/2019	French	PDF
Full model	31/12/2017	02/07/2018	11/07/2018	French	PDF
Full model	31/12/2016	08/06/2017	29/06/2017	French	PDF
Full model	31/12/2015	27/06/2016	14/07/2016	French	PDF
Full model	31/12/2014	20/07/2015	27/08/2015	French	PDF
Full model	31/12/2013	02/06/2014	01/07/2014	French	PDF
Full model	31/12/2012	03/06/2013	14/06/2013	French	PDF
Full model	31/12/2011	04/06/2012	10/07/2012	French	PDF

Estimate

Indicative valuation

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 · 2 active · 18 ended

Active mandates

Jean-Pierre Van Houdt

Director · since 15 juin 2022 · until 26 mars 2026

Active

Pragma Business Services

Director · since 15 juin 2022 · until 26 mars 2026 · 0825.380.324

Represented by Erik Adam

Active

Ended mandates

Stephane Brimont

Director · since 04 mars 2016 · until 11 avril 2019

Ended

Stephane Brimont

Director · since 04 mars 2016 · until 06 juin 2022

Ended

Pragma Business Services

Director · since 01 juin 2015 · until 07 juin 2021 · 0825.380.324

Represented by Laurent Van Den Berge

Ended

Pragma Business Services

Director · since 01 juin 2015 · until 07 juin 2021 · 0825.380.324

Represented by Erik ADAM

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution14/04/2026
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Mandates29/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates03/03/2025
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025-52,5 k €↓
2025
Name changeCerti-BAISA en liquidation
2024
Annual accounts 2024
2023
Annual accounts 2023
2022
Annual accounts 2022
2021
Annual accounts 2021
2021
Name changeCerti-BAISA
2018
Annual accounts 2018
2017
Annual accounts 20171,2 k €↑
2016
Annual accounts 2016-1,4 k €↓
2015
Annual accounts 201552,6 €↑
2014
Annual accounts 20148,8 €↓
2013
Annual accounts 201333,6 k €↑
2012
Annual accounts 2012-21,2 k €↓
2011
Annual accounts 2011-12,3 k €

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

CERTI-BAISA

Overview

What does CERTI-BAISA do?

Trend over 13 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline