FADI TEX
InactiveFADI TEX was declared bankrupt on 06-11-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 16-12-2025, published in the Belgian State Gazette on 12-01-2026.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-09-2023, 57 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
57 d late
2021
99 d late
2020
177 d late
2019
122 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Equity
€41k▲ 32.2%
2021 · €31k
2018: €21k
2019: €25k
2020: €27k
2021: €31k
2018 → 2022
Total assets
€107k▲ 30.1%
2021 · €82k
2018: €89k
2019: €92k
2020: €123k
2021: €82k
2018 → 2022
Net result
€10k▲ 129%
2021 · €4k
2018: €3k
2019: €3k
2020: €2k
2021: €4k
2018 → 2022
Working capital
€41k▲ 32.2%
2021 · €31k
2018: €21k
2019: €25k
2020: €27k
2021: €31k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€21k-€25k▲ 14.4%€27k▲ 8.3%€31k▲ 16.4%€41k▲ 32.2%
Operating result€3k-€5k▲ 93.3%€3k▼ 52.0%€5k▲ 75.9%€11k▲ 135%
Net result€3k-€3k▲ 13.4%€2k▼ 34.2%€4k▲ 114%€10k▲ 129%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 135% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €107k
Equity
€41k ▲ 32.2%
Debt
€66k ▲ 28.8%
Debt's share of the balance-sheet total falls from 62.3% to 61.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.62▲
2021 · 1.60
Quick ratio
1.21▲
2021 · 1.11
Debt to equity
1.61▼
2021 · 1.65
ROE
24.4%▲
2021 · 14.1%
ROA
9.3%▲
2021 · 5.3%
Debt ≤ 1 year
€66k▲
2021 · €51k
Staff costs
€0▼
2021 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 36 lines
Balance sheet
Code20212022
Assets
Total assets20/58€82k€107k▲
Formation expenses20€0-
Current assets29/58€82k€107k▲
Stocks and contracts in progress3€26k€27k▲
Stocks30/36€26k€27k▲
Amounts receivable within one year40/41€32k€62k▲
Trade receivables40€29k€45k▲
Other amounts receivable41€3k€17k▲
Cash at bank and in hand54/58€24k€18k▼
Deferred charges and accrued income490/1€195€0▼
Equity and liabilities
Total equity and liabilities10/49€82k€107k▲
Equity10/15€31k€41k▲
Contributions10/11€15k€15k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€14k€24k▲
Amounts payable17/49€51k€66k▲
Amounts payable within one year42/48€51k€66k▲
Trade debts44€5k€49k▲
Suppliers440/4€5k€49k▲
Taxes, remuneration and social security45€45k€17k▼
Taxes450/3€34k€14k▼
Remuneration and social security454/9€11k€3k▼
Other amounts payable47/48€1k-
Income statement
Code20212022
Remuneration, social security and pensions62€57k€0▼
Other operating charges640/8€707€2k▲
Gross operating margin9900€63k€13k▼
Operating profit (loss)9901€5k€11k▲
Financial charges65/66B€158€658▲
Recurring financial charges65€158€658▲
Profit (loss) for the period before taxes9903€4k€10k▲
Profit (loss) for the period9904€4k€10k▲
Profit (loss) for the period to be appropriated9905€4k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€24k▲
Profit (loss) brought forward from the previous period14P€9k€14k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-01
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · FADI TEX SRL CHAUSSEE DE GAND 1157, 1082 BERCHEM-SAINTE-AGATHE. déclarée le 6 novembre 2023 · event 16-12-2025
2025
03-11
KBO administration
Address struck
2023
13-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · FADI TEX SRL CHAUSSEE DE GAND 1157, 1082 BERCHEM-SAINTE-AGATHE · event 06-11-2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial
Highest result since 2018net €10k ▲129%
Operating result €11k, net result €10k, both a record.
07-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 99 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 177 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼34.2%
Net result drops to €2k, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 90 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
06-11-2023 → 16-12-2025 |
Company data · Crossroads Bank
Identification
Legal formSPRL
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filings
Scores and ratios are computed by Checked and are not a credit decision.