Financials
- Fiscal year
- 2025
- Total assets
- €577,819
- Loss
- -€101,691
- Solvency
- 32.4%
Total assets▼ 6.2%
Net result
20192025
ASSOC TEXTILES
ActiveSummary
ASSOC TEXTILES has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187,300 and a net result of -€101,691. Equity is shrinking by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 9138 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Wholesale trade
NACE 46411NACE 51410
1 site
Size
€577,819total assets 2025
- Equity
- €187,300
- Loss
- -€101,691
Turnover not published (abridged schema)
Structure
- Parent
- EUROPEAN SPINNING GROUP · 100%
Accounts 21 d early0 of 10 deeds read
Why 67- Loss of €101,691, the second in a row (FY 2025)- Figures for FY 2025 (filed 15-10-2025)- Sector Wholesale trade (NACE 46)+ Size: total assets €577,819Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 22% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
57-15
equity 32.4% of total assets
Liquidity
18-11
short-term debt 66.7% · cash 2.5%
Profitability
0=
return on assets -17.6%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.4%
12-2024: 3.4%● 0.0% vs 11-2024
01-2025: 3.4%● 0.0% vs 12-2024
02-2025: 3.4%● 0.0% vs 01-2025
03-2025: 1.0%▼ -71.5% vs 02-2025
04-2025: 1.1%▲ +12.5% vs 03-2025
05-2025: 1.1%▲ +1.8% vs 04-2025
06-2025: 1.1%▼ -0.3% vs 05-2025
07-2025: 1.2%▲ +10.9% vs 06-2025
08-2025: 1.8%▲ +46.7% vs 07-2025
09-2025: 2.2%▲ +22.1% vs 08-2025
10-2025: 3.7%▲ +69.3% vs 09-2025highest value
11-2025: 0.5%▼ -87.0% vs 10-2025lowest value
12-2025: 0.5%● 0.0% vs 11-2025lowest value
01-2026: 0.5%● 0.0% vs 12-2025lowest value
02-2026: 0.5%● 0.0% vs 01-2026lowest value
03-2026: 0.5%● 0.0% vs 02-2026lowest value
04-2026: 0.5%● 0.0% vs 03-2026lowest value
05-2026: 0.5%● 0.0% vs 04-2026lowest value
06-2026: 0.5%● 0.0% vs 05-2026lowest value
07-2026: 0.5%▲ +9.6% vs 06-2026
08-2026: 0.5%▼ -2.3% vs 07-2026
09-2026: 0.5%▲ +5.8% vs 08-2026
10-2026: 0.7%▲ +35.1% vs 09-2026
- Loss of €101,691, the second in a row (FY 2025) raises the probability
- Size: total assets €577,819 lowers the probability for this profile
- Figures for FY 2025 (filed 15-10-2025) raises the probability
- Sector Wholesale trade (NACE 46) raises the probability
Credit up to €12,000 at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.9 in 2023; short-term debt: 66.7% and cash: 2.5% of total assets), and 67.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 42%, liquidity 17%, profitability 6%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-10-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2023
41 d early
2022
30 d early
2021
38 d early
2020
21 d early
2019
68 d late
2018
43 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 18 days before the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
- Weakest financial yearnet -€111,443
Key points
By topic
Board & ownership
- Parent
- EUROPEAN SPINNING GROUP · 100%
Timeline
- Events
- 11
- Since
- 2016
- 10-10-2025Annual accounts filed
- 20-06-2024Annual accounts filed
- 31-12-2023Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46411
- Founded
- 11-09-2002
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
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