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CHRIS'TEL

Active
Private limited company (pre-2019)founded 200026 yrs activeHeidebaan 121, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0472.628.837
Summary

CHRIS'TEL has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €384,105 and a net result of €8,345. Equity remains stable across the filed fiscal years (±1.5% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability70▲+21
Solvency85▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.83 against 2.59 in 2024; short-term debt: 9.1% and cash: 0% of total assets), and 39.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.4%
Return on assets
1.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
5 d early
2021
21 d late
2020
2 d late
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CHRIS'TEL was incorporated on 23 August 2000.1 Total assets fell from EUR 1 million in 2019 to EUR 635,451 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€384,105▲ 2.2%
2024 · €375,759
Total assets
€635,451▼ 5.8%
2024 · €674,648
Net result
€8,345
2024 · -€6,075
Working capital
€105,387▲ 1.2%
2024 · €104,123
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€6,114▲ 80.4%€797-€4,304-€5,077▼ 18.0%€6,434
Net result-€13,127▲ 37.6%€1,833-€6,205-€6,075▲ 2.1%€8,345
Equity€386,206▼ 3.3%€388,039▲ 0.5%€381,834▼ 1.6%€375,759▼ 1.6%€384,105▲ 2.2%
Total assets€803,280▼ 7.2%€766,797▼ 4.5%€717,747▼ 6.4%€674,648▼ 6.0%€635,451▼ 5.8%
Debt€369,048▼ 11.0%€334,426▼ 9.4%€295,276▼ 11.7%€261,946▼ 11.3%€218,098▼ 16.7%
Working capital€140,078▼ 11.4%€135,651▼ 3.2%€120,645▼ 11.1%€104,123▼ 13.7%€105,387▲ 1.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2021: -€6,114-€6,114Net result 2021: -€13,127-€13,127Operating result 2022: €797€797Net result 2022: €1,833€1,833Operating result 2023: -€4,304-€4,304Net result 2023: -€6,205-€6,205Operating result 2024: -€5,077-€5,077Net result 2024: -€6,075-€6,075Operating result 2025: €6,434€6,434Net result 2025: €8,345€8,34520212022202320242025-€10,000-€5,000€0€5,000€10,000Operating result 2023: -€4,304-€4,300Net result 2023: -€6,205-€6,200Operating result 2024: -€5,077-€5,080Net result 2024: -€6,075-€6,070Operating result 2025: €6,434€6,430Net result 2025: €8,345€8,350202320242025
The operating result returns to profit in 2025: €6,434 after a loss of €5,077 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €635,451
Fixed assets €472,547 ▼ 6.4%
Current assets €162,905 ▼ 4.0%
Equity and liabilities €635,451
Equity €384,105 ▲ 2.2%
Provisions €33,249 ▼ 10.0%
Debt €218,098 ▼ 16.7%
Debt's share of the balance-sheet total falls from 38.8% to 34.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,913▲
2024 · €27,402
Cash flow
€40,825▲
2024 · €26,405
Current ratio
2.83▲
2024 · 2.59
Debt to equity
0.57▼
2024 · 0.70
ROE
2.2%▲
2024 · -1.6%
ROA
1.3%▲
2024 · -0.9%
Interest coverage
6.21▲
2024 · 3.72
Debt ≤ 1 year
€57,518▼
2024 · €65,500
Debt > 1 year
€160,124▼
2024 · €195,903
Income taxes
€0▼
2024 · €1,996
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€674,648€635,451▼
Fixed assets21/28€505,026€472,547▼
Tangible fixed assets22/27€505,026€472,547▼
Land and buildings22€505,026€472,547▼
Current assets29/58€169,623€162,905▼
Amounts receivable after more than one year29€163,500€156,800▼
Other amounts receivable291€163,500€156,800▼
Cash at bank and in hand54/58€43€136▲
Deferred charges and accrued income490/1€6,080€5,968▼
Equity and liabilities
Total equity and liabilities10/49€674,648€635,451▼
Equity10/15€375,759€384,105▲
Contributions10/11€18,600€18,600=
Reserves13€357,159€365,505▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€110,830€99,747▼
Distributable reserves133€244,470€263,898▲
Provisions and deferred taxes16€36,943€33,249▼
Deferred taxes168€36,943€33,249▼
Amounts payable17/49€261,946€218,098▼
Amounts payable after more than one year17€195,903€160,124▼
Financial debts170/4€195,903€160,124▼
Amounts payable within one year42/48€65,500€57,518▼
Current portion of amounts payable after more than one year42€42,434€38,716▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€2,569€2,583▲
Suppliers440/4€2,569€2,583▲
Taxes, remuneration and social security45€1,996€0▼
Taxes450/3€1,996€0▼
Other amounts payable47/48€18,501€16,219▼
Accrued charges and deferred income492/3€543€456▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,479€32,479=
Other operating charges640/8€4,044€2,999▼
Gross operating margin9900€31,446€41,912▲
Operating profit (loss)9901-€5,077€6,434▲
Financial income75/76B€4,676€4,485▼
Recurring financial income75€4,676€4,485▼
Financial charges65/66B€7,372€6,268▼
Recurring financial charges65€7,372€6,268▼
Profit (loss) for the period before taxes9903-€7,773€4,651▲
Transfer from deferred taxes780€3,694€3,694=
Income taxes67/77€1,996€0▼
Profit (loss) for the period9904-€6,075€8,345▲
Transfer from tax-exempt reserves789€11,083€11,083=
Profit (loss) for the period to be appropriated9905€5,008€19,428▲
Appropriation of the result
Profit (loss) to be appropriated9906€5,008€19,428▲
Transfer to equity691/2€5,008€19,428▲
To other reserves6921€5,008€19,428▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,799€32,799€30,239€32,479€32,479=
Other operating charges640/8-€1,962€3,264€4,044€2,999▼ 25.8%
Gross operating margin9900€31,826€35,558€29,200€31,446€41,912▲ 33.3%
Operating profit (loss)9901-€6,114€797-€4,304-€5,077€6,434▲ 227%
Financial income75/76B-€10,461€5,005€4,676€4,485▼ 4.1%
Recurring financial income75-€10,461€5,005€4,676€4,485▼ 4.1%
Financial charges65/66B-€9,822€8,656€7,372€6,268▼ 15.0%
Recurring financial charges65€10,707€9,822€8,656€7,372€6,268▼ 15.0%
Profit (loss) for the period before taxes9903-€16,821€1,435-€7,955-€7,773€4,651▲ 160%
Transfer from deferred taxes780-€3,694€3,694€3,694€3,694=
Income taxes67/77-€3,296€1,944€1,996€0▼ 100.0%
Profit (loss) for the period9904-€13,127€1,833-€6,205-€6,075€8,345▲ 237%
Transfer from tax-exempt reserves789-€11,083€11,083€11,083€11,083=
Profit (loss) for the period to be appropriated9905-€2,044€12,916€4,878€5,008€19,428▲ 288%
Line20212022202320242025Change
Assets
Total assets20/58€803,280€766,797€717,747€674,648€635,451▼ 5.8%
Fixed assets21/28€606,944€574,144€537,505€505,026€472,547▼ 6.4%
Tangible fixed assets22/27€606,944€574,144€537,505€505,026€472,547▼ 6.4%
Land and buildings22-€574,144€537,505€505,026€472,547▼ 6.4%
Current assets29/58€196,337€192,653€180,242€169,623€162,905▼ 4.0%
Amounts receivable after more than one year29--€175,000€163,500€156,800▼ 4.1%
Other amounts receivable291--€175,000€163,500€156,800▼ 4.1%
Amounts receivable within one year40/41€195,009€188,278€0---
Trade receivables40-€21,631€0---
Other amounts receivable41-€166,647€0---
Current investments50/53-€23----
Cash at bank and in hand54/58-€1,149€23€43€136▲ 219%
Deferred charges and accrued income490/1-€3,203€5,219€6,080€5,968▼ 1.8%
Equity and liabilities
Total equity and liabilities10/49€803,280€766,797€717,747€674,648€635,451▼ 5.8%
Equity10/15€386,206€388,039€381,834€375,759€384,105▲ 2.2%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€367,606€369,439€363,234€357,159€365,505▲ 2.3%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Tax-exempt reserves132-€132,996€121,913€110,830€99,747▼ 10.0%
Distributable reserves133-€234,583€239,461€244,470€263,898▲ 7.9%
Provisions and deferred taxes16€48,026€44,332€40,638€36,943€33,249▼ 10.0%
Deferred taxes168-€44,332€40,638€36,943€33,249▼ 10.0%
Amounts payable17/49€369,048€334,426€295,276€261,946€218,098▼ 16.7%
Amounts payable after more than one year17€311,915€277,424€235,049€195,903€160,124▼ 18.3%
Financial debts170/4-€277,424€235,049€195,903€160,124▼ 18.3%
Amounts payable within one year42/48€56,258€57,002€59,597€65,500€57,518▼ 12.2%
Current portion of amounts payable after more than one year42-€38,125€42,181€42,434€38,716▼ 8.8%
Financial debts43--€1,120€0--
Credit institutions430/8--€1,120€0--
Trade debts44€7,164€6,671€1,573€2,569€2,583▲ 0.5%
Suppliers440/4-€6,671€1,573€2,569€2,583▲ 0.5%
Taxes, remuneration and social security45-€3,781€1,944€1,996€0▼ 100%
Taxes450/3-€3,781€1,944€1,996€0▼ 100%
Other amounts payable47/48-€8,425€12,779€18,501€16,219▼ 12.3%
Accrued charges and deferred income492/3--€629€543€456▼ 16.1%
Line20212022202320242025Change
Profit (loss) for the period9904-€13,127€1,833-€6,205-€6,075€8,345▲ 237%
+ Depreciation and write-downs630€32,799€32,799€30,239€32,479€32,479=
Operating cash flow (approximation)€19,673€34,632€24,035€26,405€40,825▲ 54.6%
Investment in fixed assets (approximation)-€0€6,400€0€0-
Change in cash---€1,126€20€94▲ 379%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
31-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €8,345
Net result €8,345 after 2 loss-making years.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €1,833
Net result €1,833 after 2 loss-making years.
21-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
02-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
30-06
Financial Weakest financial yearnet -€21,035
Net result drops to -€21,035, the lowest in the series; recovery starts the following year.
19-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
12-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Sint-Niklaas · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
879 m²
Building footprint
276 m²
Volume, LiDAR
1,390 m³
Parcel 46446B1242/00X000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Heidebaan 121, 9100 Sint-Niklaas
Insurance, reinsurance and pension funding, except compulsory social security
since 20002.101.016.139
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46446B1242/00X000 Flanders 879 m² 1 · 276 m² 10.1 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded23-08-2000
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.