APPRETTEX
ActiveSummary
APPRETTEX has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,659 and a net result of -€2,541. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 38% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-25
Solvency51▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.35 against 1.24 in 2024; short-term debt: 74.2% and cash: 0.2% of total assets), and 74.2% 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+raises risk○neutral
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.8%
Return on assets
-11.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
45 d early
2023
36 d early
2022
28 d early
2021
47 d early
2020
61 d early
2019
32 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 43 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€5,659▼ 31.0%
2024 · €8,200
Total assets
€21,963▼ 22.2%
2024 · €28,222
Net result
-€2,541▼ 481%
2024 · -€438
Working capital
€5,659▲ 19.5%
2024 · €4,735
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result€2,308▼ 76.2%€1,916▼ 17.0%-€2,571-€410▲ 84.1%-€2,512▼ 513%
Net result€2,238within the sector's middle half▼ 76.4%€1,892within the sector's middle half▼ 15.5%-€2,592within the sector's middle half-€438within the sector's middle half▲ 83.1%-€2,541within the sector's middle half▼ 481%
Equity€9,338within the sector's middle half▲ 31.5%€11,230within the sector's middle half▲ 20.3%€8,637within the sector's middle half▼ 23.1%€8,200within the sector's middle half▼ 5.1%€5,659below the sector's middle half▼ 31.0%
Total assets€27,118below the sector's middle half▲ 15.9%€29,495below the sector's middle half▲ 8.8%€26,433below the sector's middle half▼ 10.4%€28,222below the sector's middle half▲ 6.8%€21,963below the sector's middle half▼ 22.2%
Debt€17,780▲ 9.1%€18,265▲ 2.7%€17,795▼ 2.6%€20,022▲ 12.5%€16,304▼ 18.6%
Working capital€6,006▲ 60.8%€8,045▲ 33.9%€5,282▼ 34.3%€4,735▼ 10.4%€5,659▲ 19.5%
Solvency34.4%within the sector's middle half▲ 4.1pp38.1%within the sector's middle half▲ 3.6pp32.7%within the sector's middle half▼ 5.4pp29.1%within the sector's middle half▼ 3.6pp25.8%within the sector's middle half▼ 3.3pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,512 in 2025 against €410 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €21,963
Equity
€5,659 ▼ 31.0%
Debt
€16,304 ▼ 18.6%
Debt's share of the balance-sheet total rises from 70.9% to 74.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.35▲
2024 · 1.24
Debt to equity
2.88▲
2024 · 2.44
ROE
-44.9%▼
2024 · -5.3%
ROA
-11.6%▼
2024 · -1.6%
Debt ≤ 1 year
€16,304▼
2024 · €20,022
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,219 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 88% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
3.5%
went bankrupt
7.4%
stopped otherwise
88%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,219 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €859 | €864 | €929 | €968 | €713 | ▼ 26.4% |
| Gross operating margin9900 | €3,168 | €2,779 | -€1,641 | €558 | -€1,799 | ▼ 422% |
| Operating profit (loss)9901 | €2,308 | €1,916 | -€2,571 | -€410 | -€2,512 | ▼ 513% |
| Financial income75/76B | €1 | - | - | - | - | - |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | €70 | €24 | €22 | €28 | €29 | ▲ 5.2% |
| Recurring financial charges65 | €70 | €24 | €22 | €28 | €29 | ▲ 5.2% |
| Profit (loss) for the period before taxes9903 | €2,238 | €1,892 | -€2,592 | -€438 | -€2,541 | ▼ 481% |
| Profit (loss) for the period9904 | €2,238 | €1,892 | -€2,592 | -€438 | -€2,541 | ▼ 481% |
| Profit (loss) for the period to be appropriated9905 | €2,238 | €1,892 | -€2,592 | -€438 | -€2,541 | ▼ 481% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,118 | €29,495 | €26,433 | €28,222 | €21,963 | ▼ 22.2% |
| Fixed assets21/28 | €3,465 | €3,465 | €3,465 | €3,465 | - | - |
| Financial fixed assets28 | €3,465 | €3,465 | €3,465 | €3,465 | - | - |
| Current assets29/58 | €23,653 | €26,030 | €22,968 | €24,757 | €21,963 | ▼ 11.3% |
| Amounts receivable within one year40/41 | €20,338 | €24,391 | €17,893 | €22,144 | €21,925 | ▼ 1.0% |
| Trade receivables40 | €20,338 | €24,391 | €17,893 | €22,144 | €18,843 | ▼ 14.9% |
| Other amounts receivable41 | - | - | - | - | €3,082 | - |
| Cash at bank and in hand54/58 | €2,211 | €434 | €3,812 | €710 | €38 | ▼ 94.6% |
| Deferred charges and accrued income490/1 | €1,105 | €1,205 | €1,263 | €1,903 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,118 | €29,495 | €26,433 | €28,222 | €21,963 | ▼ 22.2% |
| Equity10/15 | €9,338 | €11,230 | €8,637 | €8,200 | €5,659 | ▼ 31.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€4,922 | -€3,030 | -€5,623 | -€6,060 | -€8,601 | ▼ 41.9% |
| Amounts payable17/49 | €17,780 | €18,265 | €17,795 | €20,022 | €16,304 | ▼ 18.6% |
| Amounts payable within one year42/48 | €17,647 | €17,985 | €17,685 | €20,022 | €16,304 | ▼ 18.6% |
| Trade debts44 | - | €294 | - | €2,241 | €110 | ▼ 95.1% |
| Suppliers440/4 | - | €294 | - | €2,241 | €110 | ▼ 95.1% |
| Taxes, remuneration and social security45 | €1,453 | €1,497 | €1,491 | €1,587 | - | - |
| Taxes450/3 | €1,453 | €1,497 | €1,491 | €1,587 | - | - |
| Other amounts payable47/48 | €16,194 | €16,194 | €16,194 | €16,194 | €16,194 | = |
| Accrued charges and deferred income492/3 | €133 | €280 | €110 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,238 | €1,892 | -€2,592 | -€438 | -€2,541 | ▼ 481% |
| Operating cash flow (approximation) | €2,238 | €1,892 | -€2,592 | -€438 | -€2,541 | ▼ 481% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | -€1,777 | €3,378 | -€3,101 | -€672 | ▲ 78.3% |
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
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €9,483
Net result €9,483 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€10,503
Net result drops to -€10,503, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Sint-Niklaas · 1 establishment unit since 2002
Ground area
1,360 m²
Building footprint
1,270 m²
Volume, LiDAR
8,216 m³
Parcel 46443E0218/00Z004, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
APPRETTEX
since 20022.114.373.534
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E0218/00Z004 | Flanders | 1,360 m² | 1 · 1,270 m² | 8.3 m · 2 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.
Similar companies · same sector, comparable size
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BE 0502.249.964
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BE 0525.842.146
Jette · Eq €5,498
KL MANAGEMENT
BE 0447.456.842
Dentergem · Eq €5,295
EC-CONCESSIONS
BE 0764.656.542
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YAMAA
BE 0843.238.519
Sint-Laureins · Eq €5,206
Of 1,277 companies in sector 46160 we hold annual accounts for 687. 274 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 (pre-2019)
Founded05-04-2002
Fiscal year end31-12
Activities, NACEBEL 2025
13300Finishing of textiles
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477281471
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.