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BREITEX

Active
Public limited companyfounded 197649 years activeIndustriepark A 43, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0416.621.334
Summary

BREITEX has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,472 and a net result of €2,582. Equity is shrinking by ~22% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 8% of 6,055 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Wholesale of household textiles and bedding
NACE 46412Wholesale of clothing, excluding workwear and underwear NACE 46423
1 site
Size
€2.4mtotal assets 2025
Staff
16.9 FTE
Equity
€11,472
Profit
€2,582
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
Ledo · 100%
Accounts filed 6 days late0 of 9 deeds read
Why 80- Equity €11,472 (0.5% of total assets)- Size: 16.9 FTE, total assets €2.4m+ Founded in 1976+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Weak
Solvency 25=
equity 0.5% of total assets
Liquidity 30-7
short-term debt 59.0% · cash 8.7%
Profitability 33+20
return on assets 0.1%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,378 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -0.4 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 0.5%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.67 in 2024; short-term debt: 59% and cash: 8.7% of total assets), but 99.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 5% on solvency, 30% on liquidity, 19% on profitability and 88% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Equity €11,472 (0.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 1976
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Size: 16.9 FTE, total assets €2.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Legal form Public limited company
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 6055 sector peers (2025).
NBB · sector comparison
Position among 6055 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2024
28 days late
2023
14 days early
2022
31 days late
2021
24 days early
2020
58 days late
2019
39 days 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 7 days after 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. Usually files around 6 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Back to profitnet €2,582
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€113,728 in 2024 €2,582 View
  • Caution: Among the weakest 9% on equitysector median €1.6m · 5,994 companies €11,472 View
  • Controlled by Ledoultimately: SERATEX 100% View
  • Active since 1976founded 21-12-1976 49 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.4m
Profit
€2,582
Solvency
0.5%
Total assets▼ 1.8%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 17-07-2024Annual accounts filed
  2. 31-08-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of household textiles and beddingNACE 46412
Founded
21-12-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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