Financials
- Fiscal year
- 2024
- Total assets
- €1.5m
- Profit
- €30,825
- Solvency
- 18.7%
Total assets▲ 4.9%
Net result
20182024
FURTEX
ActiveSummary
The computed 12-month bankruptcy probability of FURTEX is 8.5% (elevated). The 2024 annual accounts show equity of €289,772 and a net result of €30,825. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 9085 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Wholesale trade
NACE 46833NACE 46733
1 site
How big
€1.5mtotal assets 2024
- Equity
- €289,772
- Profit
- €30,825
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 14 deeds read
Why 33- Liquidity: current ratio 1.23- Figures for FY 2024 (filed 17-09-2025)- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 48 days late; 3 of the last 3 lateShow the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 39% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
44+1
equity 18.7% of total assets
Liquidity
14+4
short-term debt 79.0%
Profitability
63-7
return on assets 2.0%
Bankruptcy probability, 12 months
8.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Liquidity: current ratio 1.23 raises the probability
- Figures for FY 2024 (filed 17-09-2025) raises the probability
- 1 change of registered office in 24 months raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 48 days late; 3 of the last 3 late raises the probability
Credit up to €9,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.23 against 1.27 in 2023; short-term debt: 79% of total assets), and 81.3% 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, micro). Better than this share of them on solvency 30%, liquidity 14%, profitability 46%, growth against the median 67%. 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
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9085 sector peers (2024).
NBB · sector comparisonPosition among 9085 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
151 d late
2022
67 d late
2021
60 d late
2020
87 d late
2019
62 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 79 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 (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 17-09-2025Annual accounts filed
- 29-12-2024Annual accounts filed
- 06-10-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46833
- Founded
- 14-09-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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How much credit can you give this customer, and on what term?Credit check 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 Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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