CHRIS-MAR
Bankruptcy closedInactive since 09-09-2026; last annual accounts for fiscal year 2021.
Summary
CHRIS-MAR was declared bankrupt on 02-01-2024 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed by liquidation by judgment of 08-09-2026, published in the Belgian State Gazette on 14-09-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-4k▲ 80.3%
2020 · €-18k
2018: €-29klowest in 4 years
2019: €-27k▲ +6.6% vs 2018
2020: €-18k▲ +32.6% vs 2019
2021: €-4k▲ +80.3% vs 2020highest in 4 years
2018 → 2021
Total assets
€15k▲ 35.4%
2020 · €11k
2018: €18lowest in 4 years
2019: €10k▲ +58286% vs 2018
2020: €11k▲ +10.8% vs 2019
2021: €15k▲ +35.4% vs 2020highest in 4 years
2018 → 2021
Net result
€15k▲ 66.1%
2020 · €9k
2018: €-53lowest in 4 years
2019: €2k▲ +3678% vs 2018
2020: €9k▲ +363% vs 2019
2021: €15k▲ +66.1% vs 2020highest in 4 years
2018 → 2021
Working capital
€-14k▲ 45.0%
2020 · €-26k
2018: €-29k
2019: €-35k▼ -21.8% vs 2018lowest in 4 years
2020: €-26k▲ +25.8% vs 2019
2021: €-14k▲ +45.0% vs 2020highest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-29k-€-27k▲ 6.6%€-18k▲ 32.6%€-4k▲ 80.3%
2018: €-29klowest in 4 years
2019: €-27k▲ +6.6% vs 2018
2020: €-18k▲ +32.6% vs 2019
2021: €-4k▲ +80.3% vs 2020highest in 4 years
Operating result€-53-€2k€9k▲ 289%€15k▲ 58.7%
2018: €-53lowest in 4 years
2019: €2k▲ +4582% vs 2018
2020: €9k▲ +289% vs 2019
2021: €15k▲ +58.7% vs 2020highest in 4 years
Net result€-53-€2k€9k▲ 363%€15k▲ 66.1%
2018: €-53lowest in 4 years
2019: €2k▲ +3678% vs 2018
2020: €9k▲ +363% vs 2019
2021: €15k▲ +66.1% vs 2020highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2021 is 59% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €15k
Fixed assets
€11k ▲ 36.1%
Current assets
€5k ▲ 33.8%
Key figures and ratios
EBITDA
€16k▲
2020 · €10k
Cash flow
€16k▲
2020 · €10k
Solvency
-23.2%▲
2020 · -159.7%
Current ratio
0.24▲
2020 · 0.12
Quick ratio
0.17▲
2020 · 0.11
Debt to equity
-5.31
ROA
94.8%▲
2020 · 77.2%
Interest coverage
52.35
Debt
€19k▼
2020 · €29k
Debt ≤ 1 year
€19k▼
2020 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€11k€15k▲
Fixed assets21/28€8k€11k▲
Tangible fixed assets22/27€6k€9k▲
Land and buildings22-€952
Plant, machinery and equipment23-€4k
Furniture and vehicles24-€4k
Financial fixed assets28€2k€2k=
Current assets29/58€3k€5k▲
Stocks and contracts in progress3€125€1k▲
Stocks30/36-€1k
Amounts receivable within one year40/41€643€1k▲
Trade receivables40-€739
Other amounts receivable41-€334
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€11k€15k▲
Equity10/15€-18k€-4k▲
Contributions10/11-€19k
Reserves13€6k€6k=
Non-distributable reserves130/1-€300
Reserves not available under the articles1311-€300
Distributable reserves133-€5k
Profit (loss) carried forward14€-42k€-28k▲
Amounts payable17/49€29k€19k▼
Amounts payable within one year42/48€29k€19k▼
Trade debts44€6k€14k▲
Suppliers440/4-€14k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48-€2k
Income statement
Code20202021
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8-€2k
Gross operating margin9900€12k€19k▲
Operating profit (loss)9901€9k€15k▲
Financial income75/76B-€208
Recurring financial income75€20€208▲
Financial charges65/66B-€315
Recurring financial charges65€494€315▼
Profit (loss) for the period before taxes9903€9k€15k▲
Profit (loss) for the period9904€9k€15k▲
Profit (loss) for the period to be appropriated9905€9k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-28k
Profit (loss) brought forward from the previous period14P-€-42k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1k | €1k | €2k | ▲ 44.8% |
| Other operating charges640/8 | - | - | - | €2k | - |
| Gross operating margin9900 | €-53 | €5k | €12k | €19k | ▲ 61.6% |
| Operating profit (loss)9901 | €-53 | €2k | €9k | €15k | ▲ 58.7% |
| Financial income75/76B | - | - | - | €208 | - |
| Recurring financial income75 | - | €3 | €20 | €208 | ▲ 959% |
| Financial charges65/66B | - | - | - | €315 | - |
| Recurring financial charges65 | - | €481 | €494 | €315 | ▼ 36.4% |
| Profit (loss) for the period before taxes9903 | €-53 | €2k | €9k | €15k | ▲ 66.1% |
| Profit (loss) for the period9904 | €-53 | €2k | €9k | €15k | ▲ 66.1% |
| Profit (loss) for the period to be appropriated9905 | €-53 | €2k | €9k | €15k | ▲ 66.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €18 | €10k | €11k | €15k | ▲ 35.4% |
| Fixed assets21/28 | - | €8k | €8k | €11k | ▲ 36.1% |
| Tangible fixed assets22/27 | - | €6k | €6k | €9k | ▲ 47.0% |
| Land and buildings22 | - | - | - | €952 | - |
| Plant, machinery and equipment23 | - | - | - | €4k | - |
| Furniture and vehicles24 | - | - | - | €4k | - |
| Financial fixed assets28 | - | €2k | €2k | €2k | = |
| Current assets29/58 | €18 | €2k | €3k | €5k | ▲ 33.8% |
| Stocks and contracts in progress3 | - | €1k | €125 | €1k | ▲ 1,012% |
| Stocks30/36 | - | - | - | €1k | - |
| Amounts receivable within one year40/41 | - | - | €643 | €1k | ▲ 66.9% |
| Trade receivables40 | - | - | - | €739 | - |
| Other amounts receivable41 | - | - | - | €334 | - |
| Cash at bank and in hand54/58 | €18 | €970 | €3k | €2k | ▼ 19.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €18 | €10k | €11k | €15k | ▲ 35.4% |
| Equity10/15 | €-29k | €-27k | €-18k | €-4k | ▲ 80.3% |
| Contributions10/11 | €19k | €19k | - | €19k | - |
| Reserves13 | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | - | - | - | €300 | - |
| Reserves not available under the articles1311 | - | - | - | €300 | - |
| Distributable reserves133 | - | - | - | €5k | - |
| Profit (loss) carried forward14 | €-53k | €-51k | €-42k | €-28k | ▲ 34.3% |
| Amounts payable17/49 | €29k | €37k | €29k | €19k | ▼ 35.8% |
| Amounts payable within one year42/48 | €29k | €37k | €29k | €19k | ▼ 35.8% |
| Trade debts44 | - | €3k | €6k | €14k | ▲ 135% |
| Suppliers440/4 | - | - | - | €14k | - |
| Taxes, remuneration and social security45 | - | - | - | €2k | - |
| Taxes450/3 | - | - | - | €2k | - |
| Other amounts payable47/48 | - | - | - | €2k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-53 | €2k | €9k | €15k | ▲ 66.1% |
| + Depreciation and write-downs630 | - | €1k | €1k | €2k | ▲ 44.8% |
| Operating cash flow (approximation) | €-53 | €3k | €10k | €16k | ▲ 63.4% |
| Investment in fixed assets (approximation) | - | - | €-984 | €-5k | ▼ 374% |
| Change in cash | - | €953 | €2k | €-532 | ▼ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
14-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 08-09-2026
2024
08-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 02-01-2024
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 129 days late
2021
31-12
Financial
Highest result since 2018net €15k ▲66.1%
Operating result €15k, net result €15k, both a record.
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
30-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 122 days late
2013
07-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 68 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem
Ground area
123 m²
Building footprint
124 m²
Volume, LiDAR
849 m³
Parcel 34012D0064/00G000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012D0064/00G000 | Flanders | 123 m² | 1 · 124 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARIAN RAPSAET MINISTER TACKLAAN 51,
8500 KORTRIJK |
02-01-2024 → 08-09-2026 |