Cristallo TopCo
Board
6 directors, 1 auditor, no change since 2025Director
since 24-06-2022
term until 30-06-2028
listed in the 2025 annual accounts, filed on 13-08-2026
ACSE BV
Independent director, permanent representative Alexander Dewulf
since 21-11-2022
6-year term from 2022
also on the board of 6 other companies
listed in the 2025 annual accounts, filed on 13-08-2026
1 other company bankruptWILLCO BV
Director, permanent representative Wim Geens
since 02-06-2025
term without a fixed end
also on the board of 19 other companies
listed in the 2025 annual accounts, filed on 13-08-2026
RMco CommV
Director, permanent representative Ruben Monballieu
since 10-10-2025
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 13-08-2026
Statutory auditor, permanent representative Stefaan De Coninck
since 14-05-2024
term until 30-06-2027
listed in the 2025 annual accounts, filed on 13-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “11. Vertegenwoordiging De Vennootschap wordt, zowel in als buiten rechte, ten overstaan van derden bij alle rechtshandelingen…”deed of 28-06-2022
Permanent representatives 3
Mandates through the years
10 names, the dashed line is todayMASSART Stéphanie
Director
Director
RMco
Director
Director
ACSE
Independent director
Independent director
Deermountain BV
Director
Director
WILLCO
Director
Director
Robin Dheedene
Director
Director
GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES
Statutory auditor
Statutory auditor
MONBALLIEU Ruben
Director
Director
Catharina Soenen
Director
Director
MAHLER CONSULTING
Managing director
Managing director
BoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
- MASSART Stéphanie
- Director, from 24-06-2022 to date
- RMco
- Director, from 24-06-2022 to date
- ACSE
- Independent director, from 02-11-2022 to date
- Deermountain BV
- Director, from 20-04-2023 to date
- WILLCO
- Director, since before 31-12-2024
- Robin Dheedene
- Director, from 03-10-2025 to date
- GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES
- Statutory auditor, since before 31-12-2023
- MONBALLIEU Ruben
- Director, from 24-06-2022 to 07-11-2025
- Catharina Soenen
- Director, from 20-04-2023 to 03-10-2025
- MAHLER CONSULTING
- Director, from 24-06-2022, ended, last mentioned on 28-06-2022
- Managing director, until 02-06-2025
Control
59.87%
This company
Cristallo TopCo
Equity €48.0m
Loss €3.4m in 2025
Capital
- Contribution
- €59,901,561.84
- Shares
- 11,430,009
- Contribution per share
- €5.24
- Equity per share
- €4.20 in 2025
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- Gimv
- Blue CaCao
- ASMA CONSULTING
- Cristallo
- TillCap
Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts
Articles of association
deed of 28-06-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At most 4 directors1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “12. Gewone algemene vergadering Ieder jaar moet er een algemene vergadering worden gehouden op de zetel of op een andere in de…”
Shareholders
5 ownersOwners 5
-
59.87%
-
33.99%
- Equity €5.6m Loss of €111,975 in 2025 (loss of €120,814 in 2024) Checked score 88Sourceown accounts 20238.56%
- Equity €420,882 Profit of €76,378 in 2025 (profit of €96,301 in 2024)1%
- Equity €2,119 Profit of €45,666 in 2025 (profit of €56,888 in 2024) Checked score 83Sourceaccounts Blue CaCao 20250.19%
Capital transactions
Shareholders according to the deeds
After the capital increase
deed of 22-03-2023 ↗
- VERBEKE Isabelle Marcella Greta 592,250 shares · €592,250
- GIMV €760,750
After the capital increase
deed of 20-03-2023 ↗
- DEWULF Alexander Jozef Michel Marguerite €300,000
- ASMA CONSULTING (BE 0735.602.765) €150,000
After the capital increase
deed of 29-12-2022 ↗
- GIMV 600,000 shares · €600,000
- HALU €50,000
- MILESTONE ONE €75,000
After the capital increase
deed of 22-09-2022 ↗
- GIMV (BE 0220.324.117) €550,779 in cash
At incorporation
deed of 28-06-2022 ↗
- GIMV (BE 0220.324.117) €7,692,178
- MAHLER CONSULTING (BE 0770.540.185) €250,000
Capital over time
- 16-07-2025 Capital increase of €4,400,000 · 1,760,000 new shares at €2.50 per share · in cash
- 12-02-2025 Capital stated in the deed · 44,511,008 shares
- 10-02-2025 Capital stated in the deed · €44,647,919.79 · 38,650,934 shares
- 19-02-2024 Capital increase of €1,025,000 · 557,065 new shares · in cash
- 28-07-2023 Capital stated in the deed · 34,594,927 shares
- 20-07-2023 Capital stated in the deed · 26,011,961 shares
- 08-05-2023 Capital stated in the deed · 20,257,694 shares
- 22-03-2023 Capital increase of €592,250 · 592,250 new shares · in cash
Show 6 older capital entries
- 20-03-2023 Capital increase of €450,000 · 346,154 new shares · in cash
- 29-12-2022 Capital increase of €125,000 · 125,000 new shares · in cash
- 22-09-2022 Capital increase of €1,250,000 · 1,250,000 new shares · in cash
- 20-07-2022 Capital increase of €2,600,000 · 2,600,000 new shares · in cash
- 28-06-2022 Incorporation · 7,942,178 shares
- 28-06-2022 Incorporation · €7,942,178 · 7,942,178 shares
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off1 other company of this director went bankrupt.
- Velleman Group bankruptcy according to the KBO registermandate until 2025
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.