CHRISTIAENS THOMAS
ActiveSummary
CHRISTIAENS THOMAS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €337k and a net result of €212k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+7
Solvency41▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.63 in 2024; short-term debt: 30.2% and cash: 1% of total assets), and 83.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
16.1%
Return on assets
10.1%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7777 sector peers (2025).
NBB · sector comparisonPosition among 7777 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €337k
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
35 d early
2023
61 d late
2022
5 d early
2021
9 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€337k▲ 170%
2024 · €125k
2018: €61k
2019: €57k
2020: €190k
2021: €229k
2022: €159k
2023: €36k
2024: €125k
2018 → 2025
Total assets
€2.10M▲ 2.1%
2024 · €2.05M
2018: €1.05M
2019: €1.22M
2020: €1.33M
2021: €1.52M
2022: €2.45M
2023: €2.24M
2024: €2.05M
2018 → 2025
Net result
€212k▲ 140%
2024 · €88k
2018: €-4k
2019: €-5k
2020: €133k
2021: €38k
2022: €-69k
2023: €-123k
2024: €88k
2018 → 2025
Working capital
€-172k▲ 31.0%
2024 · €-250k
2018: €-364k
2019: €-407k
2020: €-299k
2021: €-268k
2022: €-390k
2023: €-430k
2024: €-250k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€229k-€159k▼ 30.2%€36k▼ 77.2%€125k▲ 242%€337k▲ 170%
Operating result€53k-€-37k€-80k▼ 120%€129k€275k▲ 113%
Net result€38k-€-69k€-123k▼ 78.2%€88k€212k▲ 140%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 113% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.10M
Fixed assets
€1.64M ▲ 0.5%
Current assets
€461k ▲ 8.2%
Equity and liabilities €2.10M
Equity
€337k ▲ 170%
Debt
€1.76M ▼ 8.8%
Debt's share of the balance-sheet total falls from 93.9% to 83.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€562k▲
2024 · €496k
Cash flow
€499k▲
2024 · €455k
Current ratio
0.73▲
2024 · 0.63
Quick ratio
0.72▲
2024 · 0.63
Debt to equity
5.23▼
2024 · 15.48
ROE
63.0%▼
2024 · 70.8%
ROA
10.1%▲
2024 · 4.3%
Interest coverage
15.05▲
2024 · 12.25
Debt ≤ 1 year
€633k▼
2024 · €676k
Debt > 1 year
€1.13M▼
2024 · €1.25M
Income taxes
€26k▲
2024 · €50
Staff costs
€139k▲
2024 · €116k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.05M€2.10M▲
Fixed assets21/28€1.63M€1.64M▲
Tangible fixed assets22/27€1.63M€1.63M▲
Land and buildings22€1.12M€1.16M▲
Plant, machinery and equipment23€85k€77k▼
Furniture and vehicles24€26k€127k▲
Leasing and similar rights25€397k€266k▼
Financial fixed assets28€900€765▼
Current assets29/58€426k€461k▲
Stocks and contracts in progress3€3k€7k▲
Stocks30/36€3k€7k▲
Contracts in progress37€0-
Amounts receivable within one year40/41€359k€410k▲
Trade receivables40€359k€399k▲
Other amounts receivable41€0€11k▲
Cash at bank and in hand54/58€36k€21k▼
Deferred charges and accrued income490/1€28k€23k▼
Equity and liabilities
Total equity and liabilities10/49€2.05M€2.10M▲
Equity10/15€125k€337k▲
Contributions10/11€10k€10k=
Reserves13€219k€327k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€217k€325k▲
Profit (loss) carried forward14€-104k€0▲
Amounts payable17/49€1.93M€1.76M▼
Amounts payable after more than one year17€1.25M€1.13M▼
Financial debts170/4€1.25M€1.13M▼
Amounts payable within one year42/48€676k€633k▼
Current portion of amounts payable after more than one year42€239k€193k▼
Trade debts44€112k€109k▼
Suppliers440/4€112k€109k▼
Taxes, remuneration and social security45€19k€36k▲
Taxes450/3€8k€26k▲
Remuneration and social security454/9€11k€10k▼
Other amounts payable47/48€306k€296k▼
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20242025
Non-recurring operating income76A€2k€245k▲
Remuneration, social security and pensions62€116k€139k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€367k€287k▼
Other operating charges640/8€39k€38k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€651k€739k▲
Operating profit (loss)9901€129k€275k▲
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€40k€37k▼
Recurring financial charges65€40k€37k▼
Profit (loss) for the period before taxes9903€88k€237k▲
Income taxes67/77€50€26k▲
Profit (loss) for the period9904€88k€212k▲
Profit (loss) for the period to be appropriated9905€88k€212k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€108k▲
Profit (loss) brought forward from the previous period14P€-192k€-104k▲
Transfer to equity691/2-€108k
To other reserves6921-€108k
Social balance
Average headcount (FTE)90872.01.9▼
The notes to these accounts (21 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €212k ▲140%
Operating result €275k, net result €212k, both a record.
31-12
Financial
Equity above €200kEq €337k ▲170%
2 profitable years in a row build equity to €337k.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €88k
Net result €88k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €125k ▲242%
Equity rises from €36k to €125k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-123k
Net result drops to €-123k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €229k ▲20.3%
2 profitable years in a row build equity to €229k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial
Back to profitnet €133k
Net result €133k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €190k ▲235%
Equity rises from €57k to €190k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kluisbergen · 1 establishment unit since 2014
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.
Avelgemstraat 189690 KluisbergenGround area
4,145 m²
Building footprint
1,433 m²
Volume, LiDAR
97 m³
Parcel 45043A0763/00D000, Flanders · tallest building 2.1 m. Linked by address, not a title deed.
1 establishment unit
CHRISTIAENS THOMAS
since 20142.237.638.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45043A0763/00D000 | Flanders | 4,145 m² | 1 · 1,433 m² | 2.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 5,297 EUR awarded · 5,297 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 167 EUR | 167 EUR |
| 2024 | 1 | 252 EUR | 582 EUR |
| 2023 | 2 | 4,830 EUR | 4,548 EUR |
| 2022 | 1 | 48 EUR | 0 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,402 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
01110Growing of cereals (except rice), leguminous crops and oil seeds
49410Freight transport by road
77310Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.