Equity
€393,140 from €1.3m in 2022
Equity fell by 69% in 3 years.
DE POORTERE FRERES
Lifetime
15 annual accounts with figures on one time axispeak €7.5m (2011)
€4.7m▲ 18.2%
lowest -€636,406 (2023)
-€60,398▲ €15,439
peak €1.3m (2022)
€393,140▼ 13.3%
€2.9m▲ 23.6%
peak 44.9 FTE (2018)
30.6 FTE▼ 9.2%
Board5 names since 2021
3 directorsPascal DRYON and 2 others
Owners3 names in the annual accounts
Documentsfilings and deeds
20-08-202620 days late
2025financial year
Turnover from €4.0m to €4.7mLoss of €60,398Staff from 33.7 FTE to 30.6 FTEEquity from €453,537 to €393,140Debts from €2.4m to €2.9mCash from €90,915 to €147,952
Key points
from the 2025 annual accountsLosses
-€772,640 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€2.9m 88% of the balance sheet
Financial debts 26%Suppliers 36%Taxes and wages 12%Other 27%
Of this, €2.2m falls due within a year.
Staff
30.6 FTE from 44.9 in 2018
Between 2018 and 2025, 32% of the full-time equivalents disappeared.
Payment terms
115 days to suppliers
Customers pay 20 days later.
Position in the sector
11.9%
Lower solvency than 92% of companies in textiles. Sector median 53.2% · 195 companies.
2025 accounts filed 20 days after the deadline
Checked score
79
Excellent
Financially stronger than 28% of small companies in textiles (NACE 13)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 109 companies (NACE 13, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.4%▲ +0.2 percentage points vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.6%▲ +0.2 percentage points vs 06-2025
08-2025: 1.9%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.9%▼ -1.0 percentage point vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 1.0%▲ +0.1 percentage points vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▲ +0.3 percentage points vs 07-2026
09-2026: 0.5%▼ -0.9 percentage points vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Equity €393,140 (11.9% of total assets)
Liquidity: current ratio 1.25, cash €147,952
Size: turnover €4.7m, 30.6 FTE, total assets €3.3m
lowers risk
Figures for financial year 2025 (filed on 22-08-2026)
Calculation
The band follows from the bankruptcy probability. 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 13, small). It does better than 13% of them on solvency, 13% on liquidity, 38% on profitability and 47% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,423 companies had the same profile as DE POORTERE FRERES has now. Each dot stands for 4 companies, two years later.
96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DE POORTERE FRERES itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,423 companies, not a prediction for DE POORTERE FRERES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.25 (1.33 in 2024), below the usual 1.5. Short-term debt is 67% and cash 4.5% of total assets. 88.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€60,398
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 195 sector peers (2025).
NBB · sector comparisonPosition among 195 sector peers
Solvency
better than 7%
← weakest
strongest →
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
20 days late
2024
19 days late
2023
9 days early
2022
49 days late
2021
31 days early
2020
31 days early
2019
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- COLOUR HOUSE INTERNATIONAL 99%score 88equity €4.4m (2025) · 2025 annual accounts of COLOUR HOUSE INTERNATIONAL
Recent changes
New managing director
Pascal DRYON appointed, Lionel CALLENS resigned · Gazette deed
Amendment of the articles
Capital from €62,000 to €800,000, 738 new shares · Capital from €800,000 to €1,100,000, 300 new shares · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0824737451
Resignation: JP SEVEN (director)
Permanent representative: KUBORN Patrick · General meeting of 09-05-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DE POORTERE FRERES Mouscron | €4.7m | -0.6% | 11.9% | 30.6 |
| Velcro Belgium Deinze | €13.7m | 11.0% | 72.3% | 42.4 |
| NWS Belgium Soignies | - | - | 31.5% | - |
| WALOTEX Kortrijk | - | - | 35.4% | 7.8 |
| TELLUM ENVIRONMENTAL CONSULTANTS Zonhoven | - | - | 88.1% | - |
| TEE COMME Juprelle | - | - | 48.2% | - |
| HOOOK Nazareth-De Pinte | - | - | 15.8% | 5.5 |
Grey: the largest companies of the sector (textiles (NACE 13)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DE POORTERE FRERES: manufacture of textiles (NACE 13990). They are comparable in size and age: total assets between €654,000 and €8.3m, founded between 1995 and 2014.
Official details
Source: KBO- Status
- Active since 08-04-2010Normal situation
- Registered office
- 14 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
- Activity
- Manufacture of textilesNACE 13990and 3 others
- Joint committees
- 120Textile industry
- 214White-collar workers in the textile industry · annual accounts 2025
- Establishment unit
- 2.186.599.7347700 Mouscron, since 09-04-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Insights on DE POORTERE FRERES
DE POORTERE FRERES has existed since 2010. Turnover fell from €7.5m in 2011 to €4.7m in 2025.
COLOUR HOUSE INTERNATIONAL holds 99% of the shares. In October 2026, the Official Gazette published the appointment of Pascal DRYON as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DE POORTERE FRERES
- What is the company number of DE POORTERE FRERES?
- The company number of DE POORTERE FRERES is 0824.737.451. The VAT number is the same number with BE in front: BE 0824.737.451.
- Where is DE POORTERE FRERES based?
- The registered office is at Royennestraat 45, 7700 Mouscron.Company details
- What does DE POORTERE FRERES do?
- According to the KBO register, the main activity is manufacture of textiles (NACE 13990).
- What is the legal form of DE POORTERE FRERES?
- DE POORTERE FRERES is a public limited company (NV).
- When was DE POORTERE FRERES founded?
- DE POORTERE FRERES was founded on 08-04-2010.
- Is DE POORTERE FRERES still active?
- Yes, DE POORTERE FRERES is an active enterprise in the KBO register.
- How many employees does DE POORTERE FRERES have?
- DE POORTERE FRERES had an average of 30.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DE POORTERE FRERES fall under?
- In its 2025 annual accounts, DE POORTERE FRERES states joint committees 120 (Textile industry) and 214 (White-collar workers in the textile industry).
- What is the turnover of DE POORTERE FRERES?
- The turnover of DE POORTERE FRERES was €4.7m in financial year 2025, according to the filed annual accounts.
- Is DE POORTERE FRERES profitable?
- In financial year 2025, DE POORTERE FRERES made a loss of €60,398.
- Where can I find the annual accounts of DE POORTERE FRERES?
- DE POORTERE FRERES filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DE POORTERE FRERES due?
- DE POORTERE FRERES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.COLOUR HOUSE INTERNATIONAL · 11 companies
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