CHRISTIAEN
ActiveCHRISTIAEN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.36M and a net result of €60k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 85% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▼ -6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-54
Solvency100=
Growth48▼-23
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 26.91 against 19.74 in 2024), and 13.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← fewer bankruptcies
more bankruptcies →
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
86.8%
Return on assets
1.2%
Age of the figures
9 mo
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
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
30 d late
2023
26 d late
2022
25 d late
2021
45 d early
2020
47 d early
2019
21 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.64M▼ 27.6%
2024 · €2.27M
2018: €1.45M
2019: €1.55M
2020: €1.25M
2021: €1.58M
2022: €1.99M
2023: €2.35M
2024: €2.27M
2018 → 2025
EBIT margin
2.8%▼ 38.7pp
2024 · 41.5%
2018: 27.2%
2019: 30.3%
2020: 12.2%
2021: 22.2%
2022: 32.3%
2023: 42.7%
2024: 41.5%
2018 → 2025
Net result
€60k▼ 90.7%
2024 · €650k
2018: €284k
2019: €352k
2020: €122k
2021: €262k
2022: €450k
2023: €726k
2024: €650k
2018 → 2025
Working capital
€2.84M▲ 15.8%
2024 · €2.45M
2018: €924k
2019: €1.21M
2020: €1.31M
2021: €1.69M
2022: €1.88M
2023: €2.59M
2024: €2.45M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.58M-€1.99M▲ 26.0%€2.35M▲ 18.3%€2.27M▼ 3.3%€1.64M▼ 27.6%
Equity€2.47M-€2.92M▲ 18.2%€3.65M▲ 24.9%€4.30M▲ 17.8%€4.36M▲ 1.4%
Operating result€350k-€641k▲ 83.3%€1.00M▲ 56.6%€943k▼ 6.1%€46k▼ 95.1%
Net result€262k-€450k▲ 71.8%€726k▲ 61.4%€650k▼ 10.5%€60k▼ 90.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 95% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.02M
Fixed assets
€2.07M▲ 8.2%
Current assets
€2.95M▲ 14.1%
Equity and liabilities €5.02M
Equity
€4.36M▲ 1.4%
Debt
€662k▲ 232%
The debt ratio rises from 4.4% to 13.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€212k▼
2024 · €1.09M
Cash flow
€226k▼
2024 · €795k
Solvency
86.8%▼
2024 · 95.6%
Current ratio
26.91▲
2024 · 19.74
Quick ratio
24.09▲
2024 · 17.68
Debt / equity
0.15▲
2024 · 0.05
ROE
1.4%▼
2024 · 15.1%
ROA
1.2%▼
2024 · 14.5%
Interest coverage
17.75▼
2024 · 180.22
Debt
€662k▲
2024 · €199k
Debt ≤ 1 year
€110k▼
2024 · €131k
Debt > 1 year
€552k▲
2024 · €64k
Income taxes
€16k▼
2024 · €295k
Staff costs
€89k▲
2024 · €72k
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€4.50M€5.02M▲
Fixed assets21/28€1.91M€2.07M▲
Tangible fixed assets22/27€1.91M€2.07M▲
Land and buildings22€1.38M€1.60M▲
Plant, machinery and equipment23€531k€470k▼
Furniture and vehicles24€4k€221▼
Financial fixed assets28€155€155=
Current assets29/58€2.58M€2.95M▲
Amounts receivable after more than one year29-€114k
Other amounts receivable291-€114k
Stocks and contracts in progress3€270k€309k▲
Stocks30/36€270k€309k▲
Amounts receivable within one year40/41€92k€275k▲
Trade receivables40€21k€254k▲
Other amounts receivable41€71k€20k▼
Current investments50/53€674k€817k▲
Cash at bank and in hand54/58€1.51M€1.40M▼
Deferred charges and accrued income490/1€34k€40k▲
Equity and liabilities
Total equity and liabilities10/49€4.50M€5.02M▲
Equity10/15€4.30M€4.36M▲
Contributions10/11€25k€25k=
Reserves13€4.27M€4.33M▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€389k€389k=
Distributable reserves133€3.88M€3.94M▲
Profit (loss) carried forward14€754€754=
Amounts payable17/49€199k€662k▲
Amounts payable after more than one year17€64k€552k▲
Financial debts170/4€41k€552k▲
Other amounts payable178/9€23k-
Amounts payable within one year42/48€131k€110k▼
Current portion of amounts payable after more than one year42€70k€73k▲
Trade debts44€16k€26k▲
Suppliers440/4€16k€26k▲
Taxes, remuneration and social security45€45k€10k▼
Taxes450/3€43k€7k▼
Remuneration and social security454/9€3k€3k▲
Accrued charges and deferred income492/3€5k€175▼
Income statement
Code20242025
Turnover70€2.27M€1.64M▼
Non-recurring operating income76A€33k-
Goods, raw materials, services and sundry goods60/61€1.12M€1.32M▲
Remuneration, social security and pensions62€72k€89k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€145k€166k▲
Other operating charges640/8€19k€19k▲
Gross operating margin9900€1.18M€321k▼
Operating profit (loss)9901€943k€46k▼
Financial income75/76B€8k€43k▲
Recurring financial income75€8k€43k▲
Financial charges65/66B€6k€12k▲
Recurring financial charges65€6k€12k▲
Profit (loss) for the period before taxes9903€945k€77k▼
Income taxes67/77€295k€16k▼
Profit (loss) for the period9904€650k€60k▼
Profit (loss) for the period to be appropriated9905€650k€60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€651k€61k▼
Profit (loss) brought forward from the previous period14P€754€754=
Transfer to equity691/2€650k€60k▼
To other reserves6921€650k€60k▼
Social balance
Average headcount (FTE)90878.03.0▼
The notes to these accounts (11 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €60k ▼90.7%
Net result drops to €60k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €726k ▲61.4%
Operating result €1.00M, net result €726k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 174.22
Current ratio from 64.72 to 174.22; short-term debt falls from €19k to €8k.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2MEq €2.09M ▲20.3%
2 profitable years in a row build equity to €2.09M.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
05-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ichtegem · 1 establishment unit since 2000
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.
Oostendesteenweg(FICH) 428480 IchtegemGround area
1.0 ha
Building footprint
1,660 m²
Volume, LiDAR
9,333 m³
Parcel 35006D0236/00H000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oostendesteenweg(FICH) 42, 8480 Ichtegem
since 20002.097.148.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006D0236/00H000 | Flanders | 1.0 ha | 1 · 1,660 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 28,961 EUR awarded · 28,961 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,159 EUR | 3,159 EUR |
| 2024 | 1 | 7,289 EUR | 7,289 EUR |
| 2023 | 1 | 8,409 EUR | 8,409 EUR |
| 2022 | 1 | 10,104 EUR | 10,104 EUR |
Schemes
Brede weersverzekering
Investeringssteun voor land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 siteIchtegem2.097.148.215
Similar companies · same sector, comparable size
UNIVEL
BE 0425.815.053
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CLARYSSEWEB
BE 0440.157.888
Wielsbeke · Eq €4.49M
MGC Subcontracting
BE 0415.808.415
Waregem · Eq €4.55M
ALPANI
BE 0417.269.155
Ronse · Eq €3.98M
HUCK
BE 0439.009.825
Koekelare · Eq €3.93M
Of 209 companies in sector 13100 we hold annual accounts for 138. 91 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2000
Fiscal year end31-12
Activities, NACEBEL
13100Manufacture of textiles
17140
01500Mixed farming
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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.