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GENERAL TEXTILES

Open bankruptcy
Private limited company (pre-2019)founded 2011KBO/BCE: BE 0842.100.748

A bankruptcy procedure is open for GENERAL TEXTILES according to publications in the Belgian State Gazette; curator: RUTGER BELSACK.

Summary

The 2021 annual accounts show equity of €1,950 and a net result of -€7,410.

GENERAL TEXTILESOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
3 February 2026
Supervising judge
Jean Bonte
Official Gazette
09-02-2026 (pdf) ↗search the document for 2026/105598

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 17-08-2022, 17 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
17 d late
2020
30 d early
2019
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

On 23 December 2011, GENERAL TEXTILES was incorporated.1 Total assets went from EUR 52,771 in 2018 to EUR 22,227 in 2021 and headcount from 0.9 full-time equivalents in 2018 to 0.2 in 2020.2 The company was declared bankrupt on 3 February 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2021
  3. 3Belgian State Gazette, 09-02-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€1,950▼ 79.2%
2020 · €9,360
Total assets
€22,227▼ 45.6%
2020 · €40,885
Net result
-€7,410▲ 9.9%
2020 · -€8,226
Working capital
€1,620▼ 82.1%
2020 · €9,030
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€4,866-€8,773▲ 80.3%-€8,242-€7,280▲ 11.7%
Net result€4,764-€8,893▲ 86.7%-€8,226-€7,410▲ 9.9%
Equity€8,692-€17,586▲ 102%€9,360▼ 46.8%€1,950▼ 79.2%
Total assets€52,771-€65,324▲ 23.8%€40,885▼ 37.4%€22,227▼ 45.6%
Debt€44,079-€47,739▲ 8.3%€31,525▼ 34.0%€20,277▼ 35.7%
Working capital€8,362-€17,256▲ 106%€9,030▼ 47.7%€1,620▼ 82.1%
Staff (FTE)0.9-0.5▼ 44.4%0.2▼ 60.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2018: €4,866€4,866Net result 2018: €4,764€4,764Operating result 2019: €8,773€8,773Net result 2019: €8,893€8,893Operating result 2020: -€8,242-€8,242Net result 2020: -€8,226-€8,226Operating result 2021: -€7,280-€7,280Net result 2021: -€7,410-€7,4102018201920202021-€10,000-€5,000€0€5,000€10,000Operating result 2019: €8,773€8,770Net result 2019: €8,893€8,890Operating result 2020: -€8,242-€8,240Net result 2020: -€8,226-€8,230Operating result 2021: -€7,280-€7,280Net result 2021: -€7,410-€7,410201920202021
The operating result stays negative: a loss of €7,280 in 2021 against €8,242 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €22,227
Fixed assets €330 =
Current assets €21,897 ▼ 46.0%
Equity and liabilities €22,227
Equity €1,950 ▼ 79.2%
Debt €20,277 ▼ 35.7%
Debt's share of the balance-sheet total rises from 77.1% to 91.2%. Equity and debt are lower.
Key figures and ratios
2021 value · change against 2020
Current ratio
1.08▼
2020 · 1.29
Quick ratio
0.13▲
2020 · 0.05
Debt to equity
10.40
ROE
-380.0%▼
2020 · -87.9%
ROA
-33.3%▼
2020 · -20.1%
Debt ≤ 1 year
€20,277▼
2020 · €31,525
Staff costs
-€34
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 39 lines
Balance sheet Code20202021
Assets
Total assets20/58€40,885€22,227▼
Fixed assets21/28€330€330=
Financial fixed assets28€330€330=
Current assets29/58€40,555€21,897▼
Stocks and contracts in progress3€38,911€19,239▼
Stocks30/36-€19,239
Amounts receivable within one year40/41€63€1,669▲
Other amounts receivable41-€1,669
Current investments50/53€50€50=
Cash at bank and in hand54/58€1,473€939▼
Equity and liabilities
Total equity and liabilities10/49€40,885€22,227▼
Equity10/15€9,360€1,950▼
Contributions10/11€6,200€6,200=
Capital10-€6,200
Issued capital100-€18,600
Uncalled capital101-€12,400
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Legal reserve130-€1,860
Profit (loss) carried forward14€1,300-€6,110▼
Amounts payable17/49€31,525€20,277▼
Amounts payable within one year42/48€31,525€20,277▼
Trade debts44€6,851€41▼
Suppliers440/4-€41
Other amounts payable47/48-€20,235
Income statement Code20202021
Non-recurring operating income76A-€300
Remuneration, social security and pensions62--€34
Other operating charges640/8-€428
Gross operating margin9900-€4,503-€6,885▼
Operating profit (loss)9901-€8,242-€7,280▲
Financial income75/76B-€3
Recurring financial income75€164€3▼
Financial charges65/66B-€133
Recurring financial charges65€148€133▼
Profit (loss) for the period before taxes9903-€8,226-€7,410▲
Profit (loss) for the period9904-€8,226-€7,410▲
Profit (loss) for the period to be appropriated9905-€8,226-€7,410▲
Appropriation of the result
Profit (loss) to be appropriated9906--€6,110
Profit (loss) brought forward from the previous period14P-€1,300

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Non-recurring operating income76A---€300-
Remuneration, social security and pensions62----€34-
Other operating charges640/8---€428-
Gross operating margin9900€16,792€17,018-€4,503-€6,885▼ 52.9%
Operating profit (loss)9901€4,866€8,773-€8,242-€7,280▲ 11.7%
Financial income75/76B---€3-
Recurring financial income75€114€347€164€3▼ 98.4%
Financial charges65/66B---€133-
Recurring financial charges65€217€227€148€133▼ 10.2%
Profit (loss) for the period before taxes9903€4,764€8,893-€8,226-€7,410▲ 9.9%
Profit (loss) for the period9904€4,764€8,893-€8,226-€7,410▲ 9.9%
Profit (loss) for the period to be appropriated9905€4,764€8,893-€8,226-€7,410▲ 9.9%
Line2018201920202021Change
Assets
Total assets20/58€52,771€65,324€40,885€22,227▼ 45.6%
Fixed assets21/28€330€330€330€330=
Financial fixed assets28€330€330€330€330=
Current assets29/58€52,441€64,994€40,555€21,897▼ 46.0%
Stocks and contracts in progress3€46,420€56,142€38,911€19,239▼ 50.6%
Stocks30/36---€19,239-
Amounts receivable within one year40/41€20€39€63€1,669▲ 2,557%
Other amounts receivable41---€1,669-
Current investments50/53€1,004€2,500€50€50=
Cash at bank and in hand54/58€4,997€6,197€1,473€939▼ 36.3%
Equity and liabilities
Total equity and liabilities10/49€52,771€65,324€40,885€22,227▼ 45.6%
Equity10/15€8,692€17,586€9,360€1,950▼ 79.2%
Contributions10/11€6,200€6,200€6,200€6,200=
Capital10---€6,200-
Issued capital100---€18,600-
Uncalled capital101---€12,400-
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860-
Legal reserve130---€1,860-
Profit (loss) carried forward14€632€9,526€1,300-€6,110▼ 570%
Amounts payable17/49€44,079€47,739€31,525€20,277▼ 35.7%
Amounts payable within one year42/48€44,079€47,739€31,525€20,277▼ 35.7%
Trade debts44€15,901€18,894€6,851€41▼ 99.4%
Suppliers440/4---€41-
Other amounts payable47/48---€20,235-
Line2018201920202021Change
Profit (loss) for the period9904€4,764€8,893-€8,226-€7,410▲ 9.9%
Operating cash flow (approximation)€4,764€8,893-€8,226-€7,410▲ 9.9%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash-€1,200-€4,723-€535▲ 88.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
09-02
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 03-02-2026
2022
17-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€8,226
Net result drops to -€8,226, the lowest in the series.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €8,893 ▲86.7%
Operating result €8,773, net result €8,893, both a record.
04-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
25-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
06-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 6 days late
2014
21-05
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-05
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Anderlecht · 2 establishment units since 2011
seat establishment All 2 establishment units on the map
Ground area
1,056 m²
Building footprint
247 m²
Volume, LiDAR
2,617 m³
3 parcels, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
GENERAL TEXTILES
Retail trade
since 20112.205.555.514
GENERAL TEXTILES
Wayezstraat 132, 1070 AnderlechtRetail trade
since 20232.343.426.364
3 parcels
Brussels 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21001A0602/00C007 Brussels 924 m² 1 · 137 m² 13.8 m · 3 fl.
21001A0602/00K007 Brussels 111 m² 1 · 111 m² 17.9 m · 5 fl.
21802B0359/00N000 Brussels 21 m² - -
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator RUTGER BELSACK
MARKT 17, 1740 TERNAT-
03-02-2026 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded23-12-2011
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.