Chemitex
ActiveChemitex has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86.29M and a net result of €1.07M. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-12
Solvency100=
Growth26=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 4.63 against 5.67 in 2024), and 21.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
78.6%
Return on assets
1%
Age of the figures
8 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
Sector 46
higher
← 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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation 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 →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€101.29M▼ 7.3%
2024 · €109.27M
2018: €162.42M
2019: €139.04M
2020: €141.04M
2021: €165.17M
2022: €157.79M
2023: €115.17M
2024: €109.27M
2018 → 2025
EBIT margin
0.4%▼ 2.5pp
2024 · 2.9%
2018: 4.7%
2019: 2.2%
2020: 4.7%
2021: 8.5%
2022: 6.7%
2023: 4.1%
2024: 2.9%
2018 → 2025
Net result
€1.07M▼ 67.7%
2024 · €3.31M
2018: €5.48M
2019: €2.29M
2020: €4.17M
2021: €11.17M
2022: €7.63M
2023: €5.57M
2024: €3.31M
2018 → 2025
Working capital
€85.19M▼ 4.4%
2024 · €89.09M
2018: €134.29M
2019: €121.30M
2020: €125.87M
2021: €130.83M
2022: €111.87M
2023: €88.56M
2024: €89.09M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€165.17M-€157.79M▼ 4.5%€115.17M▼ 27.0%€109.27M▼ 5.1%€101.29M▼ 7.3%
Equity€132.09M-€113.25M▼ 14.3%€89.83M▼ 20.7%€90.03M▲ 0.2%€86.29M▼ 4.2%
Operating result€14.09M-€10.59M▼ 24.8%€4.78M▼ 54.9%€3.19M▼ 33.3%€415k▼ 87.0%
Net result€11.17M-€7.63M▼ 31.7%€5.57M▼ 27.0%€3.31M▼ 40.6%€1.07M▼ 67.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 87% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109.80M
Fixed assets
€1.16M▲ 11.2%
Current assets
€108.64M▲ 0.4%
Equity and liabilities €109.80M
Equity
€86.29M▼ 4.2%
Debt
€23.51M▲ 22.6%
The debt ratio rises from 17.6% to 21.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€733k▼
2024 · €3.54M
Cash flow
€1.39M▼
2024 · €3.65M
Solvency
78.6%▼
2024 · 82.4%
Current ratio
4.63▼
2024 · 5.67
Quick ratio
3.39▼
2024 · 4.13
Debt / equity
0.27▲
2024 · 0.21
ROE
1.2%▼
2024 · 3.7%
ROA
1.0%▼
2024 · 3.0%
Interest coverage
2.03▼
2024 · 15.67
Debt
€23.51M▲
2024 · €19.18M
Debt ≤ 1 year
€23.46M▲
2024 · €19.07M
Income taxes
€435k▼
2024 · €1.18M
Staff costs
€2.92M▼
2024 · €3.19M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€109.21M€109.80M▲
Fixed assets21/28€1.04M€1.16M▲
Tangible fixed assets22/27€1.03M€1.14M▲
Land and buildings22€283k€278k▼
Plant, machinery and equipment23€76k€148k▲
Furniture and vehicles24€668k€714k▲
Financial fixed assets28€15k€19k▲
Affiliated companies280/1€15k€15k=
Participating interests280€15k€15k=
Other financial fixed assets284/8€84€4k▲
Amounts receivable and cash guarantees285/8€84€4k▲
Current assets29/58€108.17M€108.64M▲
Amounts receivable after more than one year29€13.35M€8.72M▼
Other amounts receivable291€13.35M€8.72M▼
Stocks and contracts in progress3€29.42M€29.15M▼
Stocks30/36€29.42M€29.15M▼
Goods purchased for resale34€29.42M€29.15M▼
Amounts receivable within one year40/41€22.30M€20.44M▼
Trade receivables40€20.29M€18.77M▼
Other amounts receivable41€2.02M€1.67M▼
Current investments50/53€38.50M€47.45M▲
Other investments51/53€38.50M€47.45M▲
Cash at bank and in hand54/58€4.31M€2.72M▼
Deferred charges and accrued income490/1€275k€161k▼
Equity and liabilities
Total equity and liabilities10/49€109.21M€109.80M▲
Equity10/15€90.03M€86.29M▼
Contributions10/11€4.80M€5.55M▲
Capital10€4.80M€5.55M▲
Issued capital100€4.80M€5.55M▲
Reserves13€4.16M€4.24M▲
Non-distributable reserves130/1€480k€555k▲
Legal reserve130€480k€555k▲
Tax-exempt reserves132€2.00M-
Distributable reserves133€1.68M€3.68M▲
Profit (loss) carried forward14€81.07M€76.51M▼
Amounts payable17/49€19.18M€23.51M▲
Amounts payable within one year42/48€19.07M€23.46M▲
Financial debts43€6.01M€8.29M▲
Credit institutions430/8€6.01M€8.29M▲
Trade debts44€8.09M€8.31M▲
Suppliers440/4€8.09M€8.31M▲
Taxes, remuneration and social security45€1.13M€1.30M▲
Taxes450/3€895k€1.10M▲
Remuneration and social security454/9€236k€201k▼
Other amounts payable47/48€3.84M€5.55M▲
Accrued charges and deferred income492/3€107k€57k▼
Income statement
Code20242025
Operating income70/76A€109.35M€101.50M▼
Turnover70€109.27M€101.29M▼
Other operating income74€70k€197k▲
Non-recurring operating income76A€14k€15k▲
Operating charges60/66A€106.16M€101.09M▼
Goods for resale, raw materials and consumables60€96.26M€90.95M▼
Purchases600/8€108.76M€90.68M▼
Change in stocks: decrease (increase)609€-12.50M€271k▲
Services and other goods61€6.27M€6.73M▲
Remuneration, social security and pensions62€3.19M€2.92M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€347k€318k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-71k-
Other operating charges640/8€161k€163k▲
Non-recurring operating charges66A€253€2k▲
Operating profit (loss)9901€3.19M€415k▼
Financial income75/76B€2.98M€2.08M▼
Recurring financial income75€2.98M€2.08M▼
Income from financial fixed assets750€4€1k▲
Income from current assets751€2.09M€1.29M▼
Other financial income752/9€886k€788k▼
Financial charges65/66B€1.68M€988k▼
Recurring financial charges65€1.68M€988k▼
Debt charges650€226k€362k▲
Other financial charges652/9€1.46M€626k▼
Profit (loss) for the period before taxes9903€4.49M€1.50M▼
Income taxes67/77€1.18M€435k▼
Taxes670/3€1.32M€443k▼
Tax adjustments and reversals of tax provisions77€147k€8k▼
Profit (loss) for the period9904€3.31M€1.07M▼
Transfer from tax-exempt reserves789-€2.00M
Profit (loss) for the period to be appropriated9905€3.31M€3.07M▼
Appropriation of the result
Profit (loss) to be appropriated9906€84.98M€84.14M▼
Profit (loss) brought forward from the previous period14P€81.67M€81.07M▼
Transfer to equity691/2€73k€2.07M▲
To the legal reserve6920€73k€75k▲
To other reserves6921-€2.00M
Profit to be distributed694/7€3.84M€5.55M▲
Return on contributions (dividend)694€3.80M€5.50M▲
Employees696€42k€53k▲
Social balance
Average headcount (FTE)908719.317.2▼
The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €1.07M ▼67.7%
Net result drops to €1.07M, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 64 days late
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €11.17M ▲168%
Operating result €14.09M, net result €11.17M, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 74 days late
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
35 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, Elsene · 1 establishment unit since 1970
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 2211050 ElseneGround area
1,410 m²
Building footprint
1,363 m²
Volume, LiDAR
17,329 m³
Parcel 21807G0129/00W003, Brussels · tallest building 32.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Louizalaan 221, 1050 Brussel
since 19702.005.523.597
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0129/00W003 | Brussels | 1,410 m² | 1 · 1,363 m² | 32.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300IP2F5TKUC0GF38
Similar companies · same sector, comparable size
BRU TEXTILES
BE 0453.835.284
Kontich · Eq €83.02M
UCO
BE 0457.983.322
Kortrijk · Eq €44.96M
Scabal
BE 0400.522.797
Brussel · Eq €27.99M
Of 183 companies in sector 46411 we hold annual accounts for 111. 3 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-12-1970
Fiscal year end31-12
Activities, NACEBEL
46411Wholesale trade
46412Wholesale of household textiles and bedding
51410
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.