CrysBowties
ActiveSummary
CrysBowties has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,532) and a net result of -€889. Its solvency ranks better than 12% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-06-2023 Normal situation
- Activity
- Retail trade NACE 47715and 3 others
- Establishment unit
- 2.347.245.788 4000 Liège, since 27-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-04-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- -€829
- ▲ 76.7%
- Loss
- €889
- ▼ 75.6%
- Equity
- -€1,532
- ▼ 138%
- Total assets
- €3,119
- ▲ 29×
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€1,532Founded in 2023lowers riskLiquidity: current ratio 0.67, cash €1,793Size: total assets €3,119Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 52% on liquidity, 6% on profitability and 4% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 3 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 27-07-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is a loss of €829, smaller than the loss of €3,554 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets and working capital.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€3,554 | -€829 | ▲ 76.7% |
| Operating profit (loss)9901 | -€3,554 | -€829 | ▲ 76.7% |
| Financial charges65/66B | €90 | €60 | ▼ 33.2% |
| Recurring financial charges65 | €90 | €60 | ▼ 33.2% |
| Profit (loss) for the period before taxes9903 | -€3,643 | -€889 | ▲ 75.6% |
| Profit (loss) for the period9904 | -€3,643 | -€889 | ▲ 75.6% |
| Profit (loss) for the period to be appropriated9905 | -€3,643 | -€889 | ▲ 75.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €107 | €3,119 | ▲ 29× |
| Current assets29/58 | €107 | €3,119 | ▲ 29× |
| Stocks and contracts in progress3 | - | €1,326 | - |
| Stocks30/36 | - | €1,326 | - |
| Amounts receivable within one year40/41 | €34 | - | - |
| Other amounts receivable41 | €34 | - | - |
| Cash at bank and in hand54/58 | €72 | €1,793 | ▲ 25× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €107 | €3,119 | ▲ 29× |
| Equity10/15 | -€643 | -€1,532 | ▼ 138% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€3,643 | -€4,532 | ▼ 24.4% |
| Amounts payable17/49 | €750 | €4,652 | ▲ 520% |
| Amounts payable within one year42/48 | €750 | €4,652 | ▲ 520% |
| Trade debts44 | - | €400 | - |
| Suppliers440/4 | - | €400 | - |
| Taxes, remuneration and social security45 | - | €2 | - |
| Taxes450/3 | - | €2 | - |
| Other amounts payable47/48 | €750 | €4,250 | ▲ 467% |
Historical observation
In July 2024, 7,639 companies had the same profile as CrysBowties has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CrysBowties itself is lower: 1.1% within 12 months. It rests on far more data about CrysBowties than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for CrysBowties. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Full text
B) Lorsque la société est/sera/serait administrée par plusieurs administrateurs; Les présents statuts n'organisent pas un organe d'administration collégial mais un organe d'administration dans lequel les administrateurs ont des pouvoirs concurrents et peuvent déléguer des pouvoirs spéciaux (déterminés). Chaque administrateur agissant seul peut accomplir tous les actes nécessaires ou utiles à l'accomplissement de l'objet sous la seule réserve de ceux que la loi réserve à l'assemblée générale. Pour valoir au sein du contrat de société {= entre la société (l'assemblée générale) et ses mandataires (les administrateurs)} tous les actes dépassant le concept de gestion journalière seront décidés conjointement par les administrateurs. Cette restriction n'est toutefois aucunement opposable aux tiers qui en fait de pouvoir de représentation pourront toujours se prévaloir du seul paragraphe qui suit. Même si la société est administrée par plusieurs administrateurs, chacun d'eux séparément représente la société à l'égard des tiers et en justice, soit en demandant soit en défendant. La signature d'un seul d'eux engage la société pour tous les actes quels qu'ils soient sauf ceux que la loi réserve à l'assemblée générale et ce sans que jamais ne doivent être produits aucune justification aux tiers (ni délibérations, ni mandats quelconques) L'organe d'administration ou chaque administrateur séparément peuvent néanmoins déléguer des pouvoirs spéciaux (déterminés) à tout mandataire tiers ou non qui alors justifient de leurs pouvoirs par la publication ou la production de leur mandat. C) Lorsque la société est/sera/serait administrée par plusieurs administrateurs FORMANT collège (par la voie d’une décision explicite de l’assemblée constituant les mandats) S’il y a plusieurs administrateurs (ne seraient-ils même que deux) ET que l’assemblée ayant constitué leur mandat a prescrit explicitement qu’il formerait collège, alors les règles d’ administration seront les suivantes. Ce collège se nommera conseil d’administration et jouira de tous les pouvoirs pour accomplir tous les actes nécessaires ou utiles à l’accomplissement de l’objet de la société sous la seule réserve de ceux que la loi réserve à l'assemblée générale.
Owners and capital
Shareholders
- BROCKAERT Christophe François Myriam Ghislain 100 shares (100%) · €3,000 in cash
Capital transactions
- 29-06-2023 Incorporation · €3,000 · 100 shares
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Assemblée nomme un ou plusieurs liquidateurs et détermine pouvoirs ou émoluments, si loi rend obligatoire,demander confirmation au Président…”
Articles of association, deed of 29-06-2023 (in French)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
11-09
Gazette deed
Registered office moved from Liege to Rocourt2 points ▸
- General meeting, 30-06-2024
- Registered-office move, Rue du Village 329 à 4000 Rocourt
29-06
Gazette deed
IncorporationStarting capital €3,000 · Appointment: BROCKAERT Christophe François Myriam Ghislain (director) · Permanent representative: BROCKAERT Christophe François Myriam Ghislain · Founder13 points ▸
- Incorporation, 27-06-2023
- Founder, BROCKAERT Christophe François Myriam Ghislain
- Founding capital, €3,000
- Bank account, “BE70950149505425, préalablement à la constitution” (deed in French)
- BROCKAERT Christophe François Myriam Ghislain holds 100 shares
- Other provision, “arrêt des statuts et constat de souscription et libération intégrale”, 3000 (deed in French)
- Kind of shares, “chaque action donne un droit de vote”, 100 (deed in French)
- Other provision, “apports initiaux, compte de capitaux propres indisponibles” (deed in French)
- General meeting, “adoption toutes et chacune résolutions suivantes dispositions non statutaires finales” (deed in French)
- Registered office clause, “4000 LIEGE,rue du Méry 28 boîte 82” (deed in French)
- Director appointment, BROCKAERT Christophe François Myriam Ghislain (director (not named in the articles))
- Permanent representative, BROCKAERT Christophe François Myriam Ghislain (représentant permanent de la société)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 4000 Liege until 01-07-2024 · act of 11-09-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62087A0176/00L002 | Wallonia | 231 m² | 1 · 43 m² | 12.3 m · 3 |