CRYSTAPHARM
ActiveSummary
CRYSTAPHARM has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €635,309. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 35% of 3330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+21
Solvency52▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.27 in 2024; short-term debt: 15.6% and cash: 1.6% of total assets), and 73% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer 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
27%
Return on assets
13.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-09-2025, 134 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
134 d early
2024
114 d early
2022
on the day
2021
78 d late
2020
14 d late
2019
61 d late
2018
1 d 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 14 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.3m▲ 0.3%
2024 · €1.3m
Total assets
€4.7m▲ 12.7%
2024 · €4.2m
Net result
€635,309▲ 198%
2024 · €213,273
Working capital
-€641,227▼ 294%
2024 · -€162,836
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Operating result-€32,966▲ 44.1%-€32,983▼ 0.1%-€42,525▼ 28.9%€246,764-€338,666▲ 37.2%
Net result-€42,167below the sector's middle half▼ 354%-€54,681below the sector's middle half▼ 29.7%-€81,297below the sector's middle half▼ 48.7%€213,273within the sector's middle half-€635,309above the sector's middle half▲ 198%
Equity€1.4mabove the sector's middle half▼ 2.9%€1.3mabove the sector's middle half▼ 3.9%€1.3mabove the sector's middle half▼ 6.0%€1.3mabove the sector's middle half-€1.3mabove the sector's middle half▲ 0.3%
Total assets€1.9mwithin the sector's middle half▼ 2.0%€1.9mabove the sector's middle half▼ 1.4%€1.4mabove the sector's middle half▼ 27.9%€4.2mabove the sector's middle half-€4.7mabove the sector's middle half▲ 12.7%
Debt€515,081▲ 0.6%€543,438▲ 5.5%€98,522▼ 81.9%€2.9m-€3.5m▲ 18.1%
Working capital€910,453above the sector's middle half▼ 1.5%€912,065above the sector's middle half▲ 0.2%€1.2mabove the sector's middle half▲ 35.7%-€162,836below the sector's middle half--€641,227below the sector's middle half▼ 294%
Solvency73.1%above the sector's middle half▼ 0.7pp71.2%within the sector's middle half▼ 1.9pp92.8%above the sector's middle half▲ 21.6pp30.3%within the sector's middle half-27.0%within the sector's middle half▼ 3.3pp
Current ratio69.77above the sector's middle half▲ 9.0822.00above the sector's middle half▼ 47.7713.57above the sector's middle half▼ 8.430.27below the sector's middle half-0.13below the sector's middle half▼ 0.14
Return on assets (ROA)-2.2%below the sector's middle half▼ 1.7pp-2.9%below the sector's middle half▼ 0.7pp-6.0%below the sector's middle half▼ 3.1pp5.1%within the sector's middle half-13.4%within the sector's middle half▲ 8.3pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +198% on 2024. The previous fiscal year ran 18 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.7m
Fixed assets
€4.6m ▲ 12.0%
Current assets
€98,442 ▲ 62.1%
Equity and liabilities €4.7m
Equity
€1.3m ▲ 0.3%
Debt
€3.5m ▲ 18.1%
Debt's share of the balance-sheet total rises from 69.7% to 73.0%. Equity and debt are higher.
Key figures and ratios
Debt to equity
2.70▲
2024 · 2.30
ROE
49.6%▲
2024 · 16.7%
Debt ≤ 1 year
€739,670▲
2024 · €223,556
Debt > 1 year
€2.7m▲
2024 · €2.7m
Income taxes
€973
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,134 | €23,134 | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €3,401 | €0 | - | - |
| Other operating charges640/8 | - | €1,069 | €4,681 | €2,682 | €1,342 | ▼ 50.0% |
| Gross operating margin9900 | -€8,627 | -€8,780 | -€34,443 | €249,446 | €340,008 | ▲ 36.3% |
| Operating profit (loss)9901 | -€32,966 | -€32,983 | -€42,525 | €246,764 | €338,666 | ▲ 37.2% |
| Financial income75/76B | - | €24,155 | €50,142 | €41,349 | €408,700 | ▲ 888% |
| Recurring financial income75 | €20,192 | €24,155 | €50,142 | €41,349 | €408,700 | ▲ 888% |
| Financial charges65/66B | - | €45,854 | €88,914 | €74,840 | €111,085 | ▲ 48.4% |
| Recurring financial charges65 | €29,394 | €45,854 | €40,216 | €74,840 | €111,085 | ▲ 48.4% |
| Non-recurring financial charges66B | - | - | €48,698 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€42,167 | -€54,681 | -€81,297 | €213,273 | €636,281 | ▲ 198% |
| Income taxes67/77 | - | - | - | - | €973 | - |
| Profit (loss) for the period9904 | -€42,167 | -€54,681 | -€81,297 | €213,273 | €635,309 | ▲ 198% |
| Profit (loss) for the period to be appropriated9905 | -€42,167 | -€54,681 | -€81,297 | €213,273 | €635,309 | ▲ 198% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.9m | €1.4m | €4.2m | €4.7m | ▲ 12.7% |
| Fixed assets21/28 | €990,458 | €932,324 | €25,000 | €4.1m | €4.6m | ▲ 12.0% |
| Tangible fixed assets22/27 | €930,458 | €907,324 | - | - | - | - |
| Land and buildings22 | - | €454,037 | - | - | - | - |
| Plant, machinery and equipment23 | - | €987 | - | - | - | - |
| Furniture and vehicles24 | - | €2,661 | - | - | - | - |
| Other tangible fixed assets26 | - | €449,639 | - | - | - | - |
| Financial fixed assets28 | €60,000 | €25,000 | €25,000 | €4.1m | €4.6m | ▲ 12.0% |
| Current assets29/58 | €923,693 | €955,503 | €1.3m | €60,720 | €98,442 | ▲ 62.1% |
| Amounts receivable after more than one year29 | - | €260,000 | €370,000 | €0 | - | - |
| Other amounts receivable291 | - | €260,000 | €370,000 | €0 | - | - |
| Amounts receivable within one year40/41 | €86,584 | €82,135 | €12,780 | €38,911 | €23,195 | ▼ 40.4% |
| Trade receivables40 | - | €4,043 | €7,850 | €37,510 | €23,168 | ▼ 38.2% |
| Other amounts receivable41 | - | €78,093 | €4,930 | €1,401 | €27 | ▼ 98.0% |
| Current investments50/53 | €483,074 | €464,195 | €432,414 | €14 | €14 | = |
| Cash at bank and in hand54/58 | €144,746 | €116,619 | €464,491 | €21,794 | €75,233 | ▲ 245% |
| Deferred charges and accrued income490/1 | - | €32,553 | €56,930 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €1.4m | €4.2m | €4.7m | ▲ 12.7% |
| Equity10/15 | €1.4m | €1.3m | €1.3m | €1.3m | €1.3m | ▲ 0.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1.4m | €1.3m | €1.2m | €1.3m | €1.3m | ▲ 0.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €1.3m | €1.2m | €1.3m | €1.3m | ▲ 0.3% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €515,081 | €543,438 | €98,522 | €2.9m | €3.5m | ▲ 18.1% |
| Amounts payable after more than one year17 | €500,000 | €500,000 | - | €2.7m | €2.7m | ▲ 0.5% |
| Financial debts170/4 | - | €500,000 | - | - | €281,956 | - |
| Other amounts payable178/9 | - | - | - | €2.7m | €2.4m | ▼ 9.9% |
| Amounts payable within one year42/48 | €13,240 | €43,438 | €98,522 | €223,556 | €739,670 | ▲ 231% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €49,495 | - |
| Trade debts44 | €3,510 | €5,983 | €12,115 | €3,419 | €0 | ▼ 100% |
| Suppliers440/4 | - | €5,983 | €12,115 | €3,419 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €14,437 | €20,137 | €59,174 | ▲ 194% |
| Taxes450/3 | - | - | €14,437 | €20,137 | €59,174 | ▲ 194% |
| Other amounts payable47/48 | - | €37,455 | €71,971 | €200,000 | €631,000 | ▲ 216% |
| Accrued charges and deferred income492/3 | - | - | - | - | €956 | - |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,167 | -€54,681 | -€81,297 | €213,273 | €635,309 | ▲ 198% |
| + Depreciation and write-downs630 | €23,134 | €23,134 | - | - | - | - |
| Operating cash flow (approximation) | -€19,034 | -€31,547 | -€81,297 | €213,273 | €635,309 | ▲ 198% |
| Investment in fixed assets (approximation) | - | €35,000 | €907,324 | - | -€497,872 | - |
| Change in cash | - | -€28,127 | €347,872 | - | €53,439 | - |
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
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2018net €635,309 ▲198%
Operating result €338,666, net result €635,309, both a record.
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Back to profitnet €213,273
Net result €213,273 after 5 loss-making years.
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
14-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 14 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2010
15-06
State Gazette act
General meeting · Statutes amendment
Share issue · Auditor report · Frank Liesse
Financial milestoneState Gazette actNBB 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, Waregem · 1 establishment unit since 2001
Ground area
322 m²
Building footprint
273 m²
Volume, LiDAR
1,962 m³
Parcel 34040C0310/02E003, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
CRYSTAPHARM
since 20012.100.433.149
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0310/02E003 | Flanders | 322 m² | 1 · 273 m² | 13.9 m · 3 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.
Structure & network
Owners and holdings
5 owners · 1 holdingOwners 5
-
25.91%
- Sourceaccounts Odegas 202525.91%
-
25.91%
-
25%
-
22.26%
Holdings 1
-
81.74%
According to the annual accounts to 30-06-2025 of CRYSTAPHARM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
5493009IVA7XLW3YCT03
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 3,970 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
Founded20-07-2001
Fiscal year end30-06
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail
jmstassen@yahoo.comWaregem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475358495
Registered
05-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.