BRITEX
ActiveSummary
BRITEX has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194k and a net result of €11k. Equity is growing by ~5.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 19.04 against 21.56 in 2024; short-term debt: 3.1% and cash: 57.8% of total assets), and 3.7% of the assets are financed with debt.
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Signals
Five 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
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
96.3%
Return on assets
5.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
5 d early
2023
35 d early
2022
45 d early
2021
45 d early
2020
37 d early
2019
3 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€194k▲ 6.2%
2024 · €183k
Total assets
€202k▲ 7.4%
2024 · €188k
Net result
€11k▲ 138%
2024 · €5k
Working capital
€113k▲ 22.2%
2024 · €92k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€14k▼ 16.3%€11k▼ 21.8%€12k▲ 1.9%€7k▼ 39.7%€16k▲ 126%
Net result€11k▼ 12.3%€8k▼ 22.2%€8k▲ 2.0%€5k▼ 43.1%€11k▲ 138%
Equity€162k▲ 7.0%€170k▲ 5.1%€178k▲ 5.0%€183k▲ 2.7%€194k▲ 6.2%
Total assets€168k▲ 5.9%€175k▲ 4.3%€191k▲ 9.0%€188k▼ 1.5%€202k▲ 7.4%
Debt€6k▼ 16.1%€5k▼ 16.1%€13k▲ 137%€5k▼ 60.9%€7k▲ 50.6%
Working capital€85k▲ 24.8%€65k▼ 23.4%€78k▲ 20.5%€92k▲ 17.6%€113k▲ 22.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 126% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€83k ▼ 9.2%
Current assets
€119k ▲ 23.0%
Equity and liabilities €202k
Equity
€194k ▲ 6.2%
Debt
€7k ▲ 50.6%
Debt's share of the balance-sheet total rises from 2.6% to 3.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €16k
Cash flow
€20k▲
2024 · €14k
Current ratio
19.04▼
2024 · 21.56
Debt to equity
0.04▲
2024 · 0.03
ROE
5.9%▲
2024 · 2.6%
ROA
5.6%▲
2024 · 2.5%
Interest coverage
327.97▲
2024 · 260.95
Debt ≤ 1 year
€6k▲
2024 · €4k
Income taxes
€4k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €7k | €10k | €9k | €8k | ▼ 11.5% |
| Other operating charges640/8 | - | €6k | €6k | €6k | €6k | ▲ 2.3% |
| Gross operating margin9900 | €26k | €24k | €27k | €23k | €31k | ▲ 34.3% |
| Operating profit (loss)9901 | €14k | €11k | €12k | €7k | €16k | ▲ 126% |
| Financial charges65/66B | - | €69 | €65 | €63 | €74 | ▲ 16.7% |
| Recurring financial charges65 | €86 | €69 | €65 | €63 | €74 | ▲ 16.7% |
| Profit (loss) for the period before taxes9903 | €14k | €11k | €11k | €7k | €16k | ▲ 127% |
| Income taxes67/77 | €4k | €3k | €3k | €2k | €4k | ▲ 103% |
| Profit (loss) for the period9904 | €11k | €8k | €8k | €5k | €11k | ▲ 138% |
| Profit (loss) for the period to be appropriated9905 | €11k | €8k | €8k | €5k | €11k | ▲ 138% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168k | €175k | €191k | €188k | €202k | ▲ 7.4% |
| Fixed assets21/28 | €77k | €105k | €101k | €91k | €83k | ▼ 9.2% |
| Tangible fixed assets22/27 | €77k | €105k | €101k | €91k | €83k | ▼ 9.2% |
| Land and buildings22 | - | €104k | €100k | €91k | €83k | ▼ 9.1% |
| Furniture and vehicles24 | - | €629 | €377 | €126 | €0 | ▼ 100% |
| Current assets29/58 | €91k | €70k | €90k | €97k | €119k | ▲ 23.0% |
| Amounts receivable within one year40/41 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €89k | €68k | €88k | €94k | €117k | ▲ 23.5% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €2k | ▲ 4.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168k | €175k | €191k | €188k | €202k | ▲ 7.4% |
| Equity10/15 | €162k | €170k | €178k | €183k | €194k | ▲ 6.2% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €100k | €108k | €116k | €121k | €132k | ▲ 9.4% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €102k | €110k | €115k | €126k | ▲ 9.9% |
| Amounts payable17/49 | €6k | €5k | €13k | €5k | €7k | ▲ 50.6% |
| Amounts payable within one year42/48 | €6k | €5k | €12k | €4k | €6k | ▲ 39.3% |
| Trade debts44 | €2k | €2k | €8k | €2k | €2k | ▼ 18.3% |
| Suppliers440/4 | - | €2k | €8k | €2k | €2k | ▼ 18.3% |
| Taxes, remuneration and social security45 | - | €3k | €3k | €2k | €4k | ▲ 103% |
| Taxes450/3 | - | €3k | €3k | €2k | €4k | ▲ 103% |
| Other amounts payable47/48 | - | €312 | €312 | €312 | €292 | ▼ 6.4% |
| Accrued charges and deferred income492/3 | - | €410 | €925 | €441 | €1k | ▲ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €8k | €8k | €5k | €11k | ▲ 138% |
| + Depreciation and write-downs630 | €6k | €7k | €10k | €9k | €8k | ▼ 11.5% |
| Operating cash flow (approximation) | €17k | €15k | €18k | €14k | €20k | ▲ 38.4% |
| Investment in fixed assets (approximation) | - | €-36k | €-5k | €0 | €0 | - |
| Change in cash | - | €-21k | €20k | €7k | €22k | ▲ 239% |
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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €5k ▼43.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 21.56
Current ratio from 7.72 to 21.56; short-term debt falls from €12k to €4k.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €150kEq €151k ▲8.7%
3 profitable years in a row build equity to €151k.
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity quadruplescurrent ratio 12.35
Current ratio from 2.88 to 12.35; short-term debt falls from €17k to €5k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-04
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.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Wevelgem · 1 establishment unit since 1994
Ground area
1,018 m²
Building footprint
184 m²
Volume, LiDAR
761 m³
Parcel 34041A0133/00W002, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BRITEX NV
since 19942.066.053.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041A0133/00W002 | Flanders | 1,018 m² | 1 · 184 m² | 6.7 m · 1 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.
Identification & contact
Identification
Legal formPublic limited company
Founded12-02-1994
Fiscal year end30-09
Scores and ratios are computed by Checked and are not a credit decision.