CHRISTOPHINE
ActiveCHRISTOPHINE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €-33k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-15
Solvency81▼-13
Growth40▼-18
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 1.54 against 1.86 in 2024), but 53.5% 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.
+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.5%
Return on assets
-26.8%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192122232425
2018 to 2025 · latest year -€33k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
42 d early
2022
31 d late
2021
130 d late
2019
143 d late
2018
244 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€131k▼ 57.2%
2024 · €306k
2018: €181k
2019: €185k
2021: €199k
2022: €317k
2023: €228k
2024: €306k
2018 → 2025
EBIT margin
-23.9%▼ 23.6pp
2024 · -0.3%
2018: 5.6%
2019: 18.2%
2021: 13.9%
2022: 18.0%
2023: 5.8%
2024: -0.3%
2018 → 2025
Net result
€-33k▼ 222%
2024 · €-10k
2018: €5k
2019: €23k
2021: €17k
2022: €37k
2023: €3k
2024: €-10k
2018 → 2025
Working capital
€36k▼ 42.0%
2024 · €62k
2018: €43k
2019: €36k
2021: €44k
2022: €58k
2023: €65k
2024: €62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€199k-€317k▲ 59.4%€228k▼ 28.2%€306k▲ 34.3%€131k▼ 57.2%
Equity€61k-€98k▲ 60.4%€101k▲ 3.1%€91k▼ 10.2%€58k▼ 36.6%
Operating result€28k-€57k▲ 107%€13k▼ 76.8%€-1k€-31k▼ 2,852%
Net result€17k-€37k▲ 115%€3k▼ 91.8%€-10k€-33k▼ 222%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €1k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€22k▼ 24.7%
Current assets
€102k▼ 24.1%
Equity and liabilities €124k
Equity
€58k▼ 36.6%
Debt
€66k▼ 8.6%
The debt ratio rises from 44.4% to 53.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-24k▼
2024 · €22k
Cash flow
€-26k▼
2024 · €13k
Solvency
46.5%▼
2024 · 55.6%
Current ratio
1.54▼
2024 · 1.86
Quick ratio
1.54▼
2024 · 1.86
Debt / equity
1.15▲
2024 · 0.80
ROE
-57.7%▼
2024 · -11.3%
ROA
-26.8%▼
2024 · -6.3%
Interest coverage
-151.13▼
2024 · 276.20
Debt
€66k▼
2024 · €73k
Debt ≤ 1 year
€66k▼
2024 · €73k
Income taxes
€2k▼
2024 · €9k
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€164k€124k▼
Fixed assets21/28€29k€22k▼
Tangible fixed assets22/27€29k€22k▼
Plant, machinery and equipment23€27k€21k▼
Furniture and vehicles24€1k€93▼
Current assets29/58€135k€102k▼
Amounts receivable within one year40/41€66k€70k▲
Trade receivables40€45k€52k▲
Other amounts receivable41€20k€18k▼
Cash at bank and in hand54/58€69k€32k▼
Equity and liabilities
Total equity and liabilities10/49€164k€124k▼
Equity10/15€91k€58k▼
Contributions10/11€19k€19k=
Reserves13€33k€33k=
Non-distributable reserves130/1€33k€33k=
Reserves not available under the articles1311€33k€33k=
Profit (loss) carried forward14€39k€6k▼
Amounts payable17/49€73k€66k▼
Amounts payable within one year42/48€73k€66k▼
Financial debts43€1k€2k▲
Credit institutions430/8€1k€2k▲
Trade debts44€40k€27k▼
Suppliers440/4€40k€27k▼
Taxes, remuneration and social security45€25k€5k▼
Taxes450/3€25k€5k▼
Other amounts payable47/48€6k€32k▲
Income statement
Code20242025
Turnover70€306k€131k▼
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61€277k€151k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€7k▼
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€10k€10k=
Gross operating margin9900€37k€-11k▼
Operating profit (loss)9901€-1k€-31k▼
Financial income75/76B€42€0▼
Recurring financial income75€42€0▼
Financial charges65/66B€81€161▲
Recurring financial charges65€81€161▲
Profit (loss) for the period before taxes9903€-1k€-32k▼
Income taxes67/77€9k€2k▼
Profit (loss) for the period9904€-10k€-33k▼
Profit (loss) for the period to be appropriated9905€-10k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€6k▼
Profit (loss) brought forward from the previous period14P€50k€39k▼
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲3.1%
5 profitable years in a row build equity to €101k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €37k ▲115%
Operating result €57k, net result €37k, both a record.
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 130 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 244 days late
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 872 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waterloo · 1 establishment unit since 2015
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.
Avenue des Taillis 221410 WaterlooGround area
534 m²
Building footprint
122 m²
Volume, LiDAR
636 m³
Parcel 25764Q0502/00R002, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CHRISTOPHINE
since 20152.247.742.594
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0502/00R002 | Wallonia | 534 m² | 1 · 122 m² | 7.2 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.
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Of 824 companies in sector 46620 we hold annual accounts for 639. 300 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-08-2015
Fiscal year end31-12
Activities, NACEBEL
46620Wholesale of machine tools
46869Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:laurent.leybaert@wilink.be
Phone:0485/506723