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Chemitex

Active
Public limited companyfounded 197055 yrs activeLouizalaan 221, 1050 Elsene, BelgiumKBO/BCE: BE 0407.685.456
Summary

Chemitex has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86.3m and a net result of €1.1m. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 5451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
ChemitexActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of household textiles and bedding
NACE 46412Wholesale trade NACE 46411NACE 51410
#8 company by equity in Elsene, Wholesale and retail trade sector1 site
Size
€101.3mturnover 2025
Staff
17.2 FTE
Equity
€86.3m
Profit
€1.1m
Financial health
90 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
K FINANCE COORDINATION & SERVICES · 99.92%
Auditor: Michel WeberAccounts 32 d early2 of 35 deeds read
Why 90- Liquidity: current ratio 4.63, cash €2.7m- 1 of the last 3 late+ Founded in 1970+ Size: turnover €101.3m, 17.2 FTE, total assets €109.8mShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Better than 47% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 78.6% of total assets
Liquidity 46-4
short-term debt 21.4% · cash 2.5%
Profitability 32-27
return on assets 1.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,367 companies)
Last 18 months 05-2025: 0.1%lowest value 06-2025: 0.1%▲ +2.8% vs 05-2025 07-2025: 0.1%▲ +32.9% vs 06-2025 08-2025: 0.2%▲ +69.1% vs 07-2025 09-2025: 0.2%▲ +29.3% vs 08-2025 10-2025: 0.4%▲ +84.9% vs 09-2025highest value 11-2025: 0.1%▼ -63.3% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%▼ -2.8% vs 12-2025 02-2026: 0.1%▼ -4.3% vs 01-2026 03-2026: 0.1%▲ +0.7% vs 02-2026 04-2026: 0.1%▼ -3.7% vs 03-2026 05-2026: 0.1%▲ +4.6% vs 04-2026 06-2026: 0.1%▲ +2.2% vs 05-2026 07-2026: 0.1%▲ +5.8% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Founded in 1970 lowers the probability for this profile
  • Liquidity: current ratio 4.63, cash €2.7m raises the probability
  • Size: turnover €101.3m, 17.2 FTE, total assets €109.8m lowers the probability for this profile
  • 1 of the last 3 late raises the probability
Credit up to €7,750,000 at 30 days acceptable
Liquidity ample (current ratio 4.63 against 5.67 in 2024; short-term debt: 21.4% and cash: 2.5% of total assets), and 21.4% 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, small). Better than this share of them on solvency 92%, liquidity 54%, profitability 19%, growth against the median 23%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
lowers risk · Founded in 1970
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 4.63, cash €2.7m
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €101.3m, 17.2 FTE, total assets €109.8m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
64 d late
2023
48 d early
2022
31 d early
2021
12 d early
2020
4 d late
2019
74 d late
← 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 3 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 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Capital & shares · Statutes amendmentDirector in office · Financial…
  3. Reappointment: Michel Weber (statutory auditor)State Gazette act

Key points

  • Caution: Result fell in 2025from €3.3m to €1.1m ▼ 67.7% View
  • Positive: Among the best 5% on equitysector median €1.6m · 5,395 companies €86.3m View
  • Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
  • Controlled by K FINANCE COORDINATION &… 99.92% View
  • Active since 1970founded 04-12-1970 55 years View

By topic

Financials

Fiscal year
2025
Turnover
€101.3m
Profit
€1.1m
Solvency
78.6%
Turnover▼ 7.3%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 29-06-2026Annual accounts filed
  2. 25-06-2026Capital & shares · Statutes amendment
  3. 08-04-2026Reappointment: Michel Weber (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of household textiles and beddingNACE 46412
Founded
04-12-1970
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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