CHRISTINE
ActiveSummary
CHRISTINE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €257k and a net result of €43k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84=
Solvency96▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.77 against 2.56 in 2024; short-term debt: 20.5% and cash: 14.6% of total assets), and 29.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
70.8%
Return on assets
11.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
28 d early
2023
26 d early
2022
3 d early
2021
2 d early
2020
4 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€257k▲ 20.2%
2024 · €214k
2018: €175k
2019: €177k▲ +0.8% vs 2018
2020: €178k▲ +0.4% vs 2019
2021: €181k▲ +2.0% vs 2020
2022: €166k▼ -8.2% vs 2021lowest in 8 years
2023: €184k▲ +11.0% vs 2022
2024: €214k▲ +16.1% vs 2023
2025: €257k▲ +20.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€363k▲ 10.5%
2024 · €329k
2018: €219klowest in 8 years
2019: €237k▲ +8.0% vs 2018
2020: €247k▲ +4.5% vs 2019
2021: €261k▲ +5.7% vs 2020
2022: €326k▲ +24.8% vs 2021
2023: €384k▲ +17.7% vs 2022highest in 8 years
2024: €329k▼ -14.4% vs 2023
2025: €363k▲ +10.5% vs 2024
2018 → 2025
Net result
€43k▲ 9.0%
2024 · €40k
2018: €15k
2019: €1k▼ -90.2% vs 2018
2020: €767▼ -47.6% vs 2019
2021: €4k▲ +373% vs 2020
2022: €-15k▼ -512% vs 2021lowest in 8 years
2023: €18k▲ +222% vs 2022
2024: €40k▲ +118% vs 2023
2025: €43k▲ +9.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€206k▲ 14.9%
2024 · €179k
2018: €115klowest in 8 years
2019: €144k▲ +25.1% vs 2018
2020: €161k▲ +11.4% vs 2019
2021: €152k▼ -5.4% vs 2020
2022: €143k▼ -6.2% vs 2021
2023: €170k▲ +18.8% vs 2022
2024: €179k▲ +5.6% vs 2023
2025: €206k▲ +14.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€181k-€166k▼ 8.2%€184k▲ 11.0%€214k▲ 16.1%€257k▲ 20.2%
2021: €181k
2022: €166k▼ -8.2% vs 2021lowest in 5 years
2023: €184k▲ +11.0% vs 2022
2024: €214k▲ +16.1% vs 2023
2025: €257k▲ +20.2% vs 2024highest in 5 years
Operating result€8k-€-11k€24k€48k▲ 102%€63k▲ 30.5%
2021: €8k
2022: €-11k▼ -248% vs 2021lowest in 5 years
2023: €24k▲ +315% vs 2022
2024: €48k▲ +102% vs 2023
2025: €63k▲ +30.5% vs 2024highest in 5 years
Net result€4k-€-15k€18k€40k▲ 118%€43k▲ 9.0%
2021: €4k
2022: €-15k▼ -512% vs 2021lowest in 5 years
2023: €18k▲ +222% vs 2022
2024: €40k▲ +118% vs 2023
2025: €43k▲ +9.0% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €363k
Fixed assets
€83k ▲ 137%
Current assets
€280k ▼ 4.6%
Equity and liabilities €363k
Equity
€257k ▲ 20.2%
Debt
€106k ▼ 7.5%
Debt's share of the balance-sheet total falls from 34.9% to 29.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▲
2024 · €57k
Cash flow
€62k▲
2024 · €48k
Current ratio
3.77▲
2024 · 2.56
Quick ratio
3.22▲
2024 · 2.14
Debt to equity
0.41▼
2024 · 0.54
ROE
16.8%▼
2024 · 18.5%
ROA
11.9%▼
2024 · 12.1%
Interest coverage
10.05▼
2024 · 13.43
Debt ≤ 1 year
€74k▼
2024 · €115k
Debt > 1 year
€32k
Income taxes
€15k▲
2024 · €8k
Staff costs
€44k▼
2024 · €46k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€329k€363k▲
Fixed assets21/28€35k€83k▲
Tangible fixed assets22/27€35k€83k▲
Land and buildings22€8k€5k▼
Plant, machinery and equipment23€26k€23k▼
Furniture and vehicles24€2k€56k▲
Current assets29/58€294k€280k▼
Amounts receivable after more than one year29€100k€2k▼
Other amounts receivable291€100k€2k▼
Stocks and contracts in progress3€49k€40k▼
Stocks30/36€49k€40k▼
Amounts receivable within one year40/41€11k€4k▼
Trade receivables40€2k-
Other amounts receivable41€9k€4k▼
Current investments50/53€100k€181k▲
Cash at bank and in hand54/58€32k€53k▲
Deferred charges and accrued income490/1€1k€324▼
Equity and liabilities
Total equity and liabilities10/49€329k€363k▲
Equity10/15€214k€257k▲
Contributions10/11€145k€145k=
Reserves13€70k€113k▲
Distributable reserves133€70k€113k▲
Amounts payable17/49€115k€106k▼
Amounts payable after more than one year17-€32k
Financial debts170/4-€32k
Amounts payable within one year42/48€115k€74k▼
Current portion of amounts payable after more than one year42€2k€14k▲
Trade debts44€29k€60k▲
Suppliers440/4€29k€60k▲
Taxes, remuneration and social security45€18k€497▼
Taxes450/3€1k€452▼
Remuneration and social security454/9€17k€45▼
Other amounts payable47/48€65k-
Income statement
Code20242025
Remuneration, social security and pensions62€46k€44k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€19k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€106k€130k▲
Operating profit (loss)9901€48k€63k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€47k€58k▲
Income taxes67/77€8k€15k▲
Profit (loss) for the period9904€40k€43k▲
Profit (loss) for the period to be appropriated9905€40k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€43k▲
Transfer to equity691/2€30k€43k▲
To other reserves6921€30k€43k▲
Profit to be distributed694/7€10k-
Directors or managers695€10k-
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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €37k | €43k | €48k | €46k | €44k | ▼ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €9k | €9k | €8k | €19k | ▲ 121% |
| Other operating charges640/8 | €342 | €2k | €3k | €3k | €4k | ▲ 28.2% |
| Gross operating margin9900 | €51k | €43k | €83k | €106k | €130k | ▲ 23.3% |
| Operating profit (loss)9901 | €8k | €-11k | €24k | €48k | €63k | ▲ 30.5% |
| Financial income75/76B | €1k | €438 | €2k | €3k | €3k | ▼ 1.7% |
| Recurring financial income75 | €1k | €438 | €2k | €3k | €3k | ▼ 1.7% |
| Financial charges65/66B | €4k | €4k | €6k | €4k | €8k | ▲ 92.5% |
| Recurring financial charges65 | €4k | €4k | €6k | €4k | €8k | ▲ 92.5% |
| Profit (loss) for the period before taxes9903 | €4k | €-15k | €20k | €47k | €58k | ▲ 22.8% |
| Income taxes67/77 | €589 | - | €2k | €8k | €15k | ▲ 94.6% |
| Profit (loss) for the period9904 | €4k | €-15k | €18k | €40k | €43k | ▲ 9.0% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-15k | €18k | €40k | €43k | ▲ 9.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €261k | €326k | €384k | €329k | €363k | ▲ 10.5% |
| Fixed assets21/28 | €29k | €23k | €15k | €35k | €83k | ▲ 137% |
| Tangible fixed assets22/27 | €29k | €23k | €15k | €35k | €83k | ▲ 137% |
| Land and buildings22 | €15k | €13k | €8k | €8k | €5k | ▼ 38.2% |
| Plant, machinery and equipment23 | €9k | €7k | €4k | €26k | €23k | ▼ 10.6% |
| Furniture and vehicles24 | €5k | €4k | €3k | €2k | €56k | ▲ 3,014% |
| Current assets29/58 | €233k | €303k | €369k | €294k | €280k | ▼ 4.6% |
| Amounts receivable after more than one year29 | - | €100k | €100k | €100k | €2k | ▼ 98.3% |
| Other amounts receivable291 | - | €100k | €100k | €100k | €2k | ▼ 98.3% |
| Stocks and contracts in progress3 | €75k | €51k | €65k | €49k | €40k | ▼ 17.0% |
| Stocks30/36 | €75k | €51k | €65k | €49k | €40k | ▼ 17.0% |
| Amounts receivable within one year40/41 | €56k | €15k | €23k | €11k | €4k | ▼ 62.0% |
| Trade receivables40 | €26k | €2k | €7k | €2k | - | - |
| Other amounts receivable41 | €29k | €13k | €16k | €9k | €4k | ▼ 51.5% |
| Current investments50/53 | - | - | - | €100k | €181k | ▲ 80.1% |
| Cash at bank and in hand54/58 | €101k | €136k | €180k | €32k | €53k | ▲ 64.3% |
| Deferred charges and accrued income490/1 | €592 | €631 | €1k | €1k | €324 | ▼ 75.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €261k | €326k | €384k | €329k | €363k | ▲ 10.5% |
| Equity10/15 | €181k | €166k | €184k | €214k | €257k | ▲ 20.2% |
| Contributions10/11 | €145k | €145k | €145k | €145k | €145k | = |
| Reserves13 | €37k | €22k | €40k | €70k | €113k | ▲ 62.2% |
| Non-distributable reserves130/1 | €14k | €14k | - | - | - | - |
| Reserves not available under the articles1311 | €14k | €14k | - | - | - | - |
| Distributable reserves133 | €22k | €7k | €40k | €70k | €113k | ▲ 62.2% |
| Amounts payable17/49 | €80k | €160k | €200k | €115k | €106k | ▼ 7.5% |
| Amounts payable after more than one year17 | - | - | - | - | €32k | - |
| Financial debts170/4 | - | - | - | - | €32k | - |
| Amounts payable within one year42/48 | €80k | €160k | €200k | €115k | €74k | ▼ 35.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2k | €14k | ▲ 484% |
| Financial debts43 | €1k | €1k | - | - | - | - |
| Credit institutions430/8 | €1k | €1k | - | - | - | - |
| Trade debts44 | €35k | €48k | €75k | €29k | €60k | ▲ 105% |
| Suppliers440/4 | €35k | €48k | €75k | €29k | €60k | ▲ 105% |
| Taxes, remuneration and social security45 | €3k | €8k | €11k | €18k | €497 | ▼ 97.2% |
| Taxes450/3 | €2k | €5k | €2k | €1k | €452 | ▼ 58.6% |
| Remuneration and social security454/9 | €2k | €3k | €9k | €17k | €45 | ▼ 99.7% |
| Other amounts payable47/48 | €40k | €103k | €114k | €65k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-15k | €18k | €40k | €43k | ▲ 9.0% |
| + Depreciation and write-downs630 | €7k | €9k | €9k | €8k | €19k | ▲ 121% |
| Operating cash flow (approximation) | €10k | €-6k | €27k | €48k | €62k | ▲ 28.7% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €-29k | €-67k | ▼ 134% |
| Change in cash | - | €35k | €44k | €-148k | €21k | ▲ 114% |
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
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €43k ▲9%
Operating result €63k, net result €43k, both a record.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €200kEq €214k ▲16.1%
2 profitable years in a row build equity to €214k.
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 53 days late
Financial 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, Heist-op-den-Berg · 1 establishment unit since 2007
Ground area
791 m²
Building footprint
271 m²
Volume, LiDAR
1,753 m³
Parcel 12006D0499/00F003, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Schrieksesteenweg 74, 2221 Heist-op-den-Berg
since 20072.168.038.189
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12006D0499/00F003 | Flanders | 791 m² | 1 · 271 m² | 11.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeist-op-den-Berg2.168.038.189
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Of 2,404 companies in sector 47241 we hold annual accounts for 1,101. 764 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-11-2007
Fiscal year end30-09
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
47210Retail sale of fruit and vegetables
47279Other retail sale of food
Scores and ratios are computed by Checked and are not a credit decision.