Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CRYSTAL SHIP from Theux, company number BE0460928063, closed financial year 2025 with a result of € 15,529 after tax. For that financial year CRYSTAL SHIP recorded a gross margin of € 23,545 and equity of € -493,324. Compared with financial year 2024, the result moved from € 11,911 to € 15,529. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ -493,324
▲ € 15,529 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,529
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 2,399
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -543,324.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 21,506
▼ 46% vs 2024
€ 11,147 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,145 | € 20,805 | € 20,824 | € 23,545 | ▲ 13% |
| Profit after taxes | € 13,660 | € 11,522 | € 11,911 | € 15,529 | ▲ 30% |
| Equity | € -532,286 | € -520,764 | € -508,853 | € -493,324 | ▲ € 15,529 |
| Total debts | € 633,838 | € 600,661 | € 574,735 | € 563,064 | ▼ 2% |
| Cash | € 31,912 | € 12,938 | € 2,369 | € 2,399 | ▲ 1% |
| Land & buildings | € 50,412 | € 48,503 | € 46,595 | € 44,687 | ▼ 4% |
| Retained profit | € -582,286 | € -570,764 | € -558,853 | € -543,324 | ▲ € 15,529 |
| Bank debt | € 90,854 | € 65,670 | € 40,128 | € 21,506 | ▼ 46% |
| Balance sheet total | € 101,552 | € 79,896 | € 65,883 | € 69,740 | ▲ 6% |
Key figures of CRYSTAL SHIP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to CRYSTAL SHIP?
What happened at CRYSTAL SHIP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,529 (▲ 30% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 13,660 profit in 2022 to € 15,529 profit in 2025.
Best year ever: 2025, with € 15,529 profit.
Management
Behind CRYSTAL SHIP is Bernard RAXHON.
Directors
According to the 2025 annual accounts
Bernard RAXHON
Manager
Establishments
Establishment units
Physical locations of this company
Rue Chawieumont 19A
4910 Theux
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.928.063
- VAT number
- BE 0460.928.063
- Registered office
- Rue Chawieumont 19A, 4910 Theux
- Names & denominations
- CRYSTAL SHIP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1997
- Peppol
- Not registered