CHRISTEYNS ENGINEERING
ActiveCHRISTEYNS ENGINEERING has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.31M and a net result of €548k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
95
/ 100
Excellent▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-35
Solvency92▼-7
Growth51▼-18
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 2.07 in 2024), and 46.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.5%
Return on assets
6.8%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
61 d late
2023
16 d early
2022
45 d early
2021
26 d early
2020
24 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€15.09M▼ 0.3%
2024 · €15.14M
2018: €10.84M
2019: €11.02M
2020: €10.25M
2021: €9.37M
2022: €8.41M
2023: €12.20M
2024: €15.14M
2018 → 2025
EBIT margin
4.6%▼ 2.8pp
2024 · 7.4%
2018: 9.0%
2019: 9.1%
2020: 4.5%
2021: 6.9%
2022: 6.2%
2023: 7.4%
2024: 7.4%
2018 → 2025
Net result
€548k▼ 76.4%
2024 · €2.32M
2018: €742k
2019: €1.25M
2020: €364k
2021: €423k
2022: €347k
2023: €713k
2024: €2.32M
2018 → 2025
Working capital
€3.05M▲ 23.5%
2024 · €2.47M
2018: €1.37M
2019: €1.31M
2020: €1.67M
2021: €2.17M
2022: €1.60M
2023: €1.29M
2024: €2.47M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.37M-€8.41M▼ 10.2%€12.20M▲ 45.0%€15.14M▲ 24.1%€15.09M▼ 0.3%
Equity€3.38M-€2.72M▼ 19.3%€2.44M▼ 10.5%€3.76M▲ 54.4%€4.31M▲ 14.6%
Operating result€648k-€521k▼ 19.6%€905k▲ 73.6%€1.12M▲ 23.7%€691k▼ 38.2%
Net result€423k-€347k▼ 18.0%€713k▲ 105%€2.32M▲ 226%€548k▼ 76.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.05M
Fixed assets
€1.26M▼ 2.6%
Current assets
€6.80M▲ 42.3%
Equity and liabilities €8.05M
Equity
€4.31M▲ 14.6%
Debt
€3.74M▲ 62.4%
The debt ratio rises from 38.0% to 46.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€846k▼
2024 · €1.23M
Cash flow
€702k▼
2024 · €2.43M
Solvency
53.5%▼
2024 · 62.0%
Current ratio
1.82▼
2024 · 2.07
Quick ratio
1.12▲
2024 · 1.03
Debt / equity
0.87▲
2024 · 0.61
ROE
12.7%▼
2024 · 61.8%
ROA
6.8%▼
2024 · 38.3%
Interest coverage
17.72▼
2024 · 148.07
Debt
€3.74M▲
2024 · €2.30M
Debt ≤ 1 year
€3.74M▲
2024 · €2.30M
Income taxes
€183k▼
2024 · €317k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.07M€8.05M▲
Fixed assets21/28€1.29M€1.26M▼
Intangible fixed assets21€84k€84k▼
Tangible fixed assets22/27€223k€190k▼
Plant, machinery and equipment23€217k€186k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€982k€982k=
Affiliated companies280/1€982k€982k=
Participating interests280€982k€982k=
Current assets29/58€4.78M€6.80M▲
Stocks and contracts in progress3€2.40M€2.61M▲
Stocks30/36€2.40M€2.61M▲
Goods purchased for resale34€2.40M€2.61M▲
Amounts receivable within one year40/41€1.95M€4.12M▲
Trade receivables40€1.85M€1.76M▼
Other amounts receivable41€99k€2.36M▲
Cash at bank and in hand54/58€354k€5k▼
Deferred charges and accrued income490/1€78k€59k▼
Equity and liabilities
Total equity and liabilities10/49€6.07M€8.05M▲
Equity10/15€3.76M€4.31M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€891k€891k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€421k€421k=
Distributable reserves133€464k€464k=
Profit (loss) carried forward14€2.81M€3.36M▲
Amounts payable17/49€2.30M€3.74M▲
Amounts payable within one year42/48€2.30M€3.74M▲
Trade debts44€1.30M€1.49M▲
Suppliers440/4€1.30M€1.49M▲
Other amounts payable47/48€1.00M€2.26M▲
Income statement
Code20242025
Operating income70/76A€15.14M€15.09M▼
Turnover70€15.14M€15.09M▼
Operating charges60/66A€14.02M€14.40M▲
Goods for resale, raw materials and consumables60€12.59M€12.62M▲
Purchases600/8€12.62M€12.84M▲
Change in stocks: decrease (increase)609€-24k€-217k▼
Services and other goods61€1.32M€1.62M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€155k▲
Other operating charges640/8€1k€1k▲
Operating profit (loss)9901€1.12M€691k▼
Financial income75/76B€1.53M€87k▼
Recurring financial income75€1.53M€87k▼
Income from financial fixed assets750€1.50M-
Income from current assets751€17k€76k▲
Other financial income752/9€16k€11k▼
Financial charges65/66B€12k€48k▲
Recurring financial charges65€12k€48k▲
Debt charges650€8k€48k▲
Other financial charges652/9€4k€613▼
Profit (loss) for the period before taxes9903€2.64M€730k▼
Income taxes67/77€317k€183k▼
Taxes670/3€331k€183k▼
Tax adjustments and reversals of tax provisions77€15k-
Profit (loss) for the period9904€2.32M€548k▼
Profit (loss) for the period to be appropriated9905€2.32M€548k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.81M€3.36M▼
Profit (loss) brought forward from the previous period14P€1.48M€2.81M▲
Profit to be distributed694/7€1.00M-
Return on contributions (dividend)694€1.00M-
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €2.32M ▲226%
Operating result €1.12M, net result €2.32M, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €347k ▼18%
Net result drops to €347k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Gent · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Afrikalaan 1829000 GentGround area
4.0 ha
Building footprint
9,320 m²
Volume, LiDAR
1,164 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DESAC NV
since 19962.077.761.873
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0718/00R000 | Flanders | 3.8 ha | 1 · 9,120 m² | - |
| 44037A0770/00G000 | Flanders | 1,943 m² | 1 · 200 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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HELIOS INVEST
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Of 1,224 companies in sector 46851 we hold annual accounts for 514. 305 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-06-1996
Fiscal year end31-12
Activities, NACEBEL
46851Wholesale of industrial chemicals
51550
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.