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CRYSTAL - CORTENBERG

Active
Public limited companyfounded 200124 years activeKortenberglaan 60, 1000 Brussel, BelgiumKBO/BCE: BE 0476.349.479
Summary

CRYSTAL - CORTENBERG has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37.2m and a net result of €1.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 80% of 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€46.0mtotal assets 2025
Staff
1.6 FTE
Equity
€37.2m
Profit
€1.0m
Financial health
97 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
AG INSURANCE
Board
2 members
Auditor: SRL SINIOAccounts 56 days early2 of 39 deeds read
Why 97- 1 change of registered office in 24 months+ Size: 1.6 FTE, total assets €46.0m+ Figures for FY 2025 (filed 11-06-2026)+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 80.8% of total assets
Liquidity 60-1
short-term debt 2.2% · cash 7.7%
Profitability 72+59
return on assets 2.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.3 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.5 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €3,600,000 at 30 days acceptable
Liquidity ample (current ratio 8.78 against 2.2 in 2024; short-term debt: 2.2% and cash: 7.7% of total assets), and 19.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 71% on liquidity, 62% on profitability and 72% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Size: 1.6 FTE, total assets €46.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 11-06-2026)
NBB · annual accounts
lowers risk · Legal form Public limited company
KBO
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 days early
2024
41 days early
2023
28 days early
2022
21 days early
2021
96 days early
2020
103 days early
2019
87 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 62 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 20 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointment: Constantin Christiani (director)Appointments: SINIO SRL (statutory auditor)…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Purpose · Statutes amendmentPurpose change · Power of…

Key points

  • Positive: Back in profit in 2025after -€2.1m in 2024 €1.0m View
  • Positive: Among the best 5% on equitysector median €939,631 · 5,670 companies €37.2m View
  • Board changedlatest change 24-09-2026 · 2 in office 2 joined · 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by AG INSURANCEknown shareholders 100% parent View

By topic

Financials

Fiscal year
2025
Total assets
€46.0m
Profit
€1.0m
Solvency
80.8%
Turnover▲ 1,077%
Net result
20182022
Go to Financials

Timeline

Events
19
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Back to profit
  2. 31-12-2025Liquidity quadruples
  3. 20-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
19-12-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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