GORDITEX
ActiveGORDITEX has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €353k and a net result of €15k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 34% of 3461 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-25
Solvency56▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.3 in 2024; short-term debt: 22.5% and cash: 12.1% of total assets), and 68.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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
31.1%
Return on assets
1.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
1 d early
2023
8 d early
2022
2 d early
2021
1 d early
2020
35 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€353k▼ 18.0%
2024 · €431k
2018: €120k
2019: €139k
2020: €186k
2021: €287k
2022: €293k
2023: €275k
2024: €431k
2018 → 2025
Total assets
€1.14M▼ 7.8%
2024 · €1.23M
2018: €411k
2019: €1.03M
2020: €1.07M
2021: €1.17M
2022: €1.14M
2023: €1.10M
2024: €1.23M
2018 → 2025
Net result
€15k▼ 90.1%
2024 · €156k
2018: €29k
2019: €19k
2020: €47k
2021: €101k
2022: €6k
2023: €50k
2024: €156k
2018 → 2025
Working capital
€51k▼ 39.6%
2024 · €85k
2018: €51k
2019: €-64k
2020: €-37k
2021: €-45k
2022: €-54k
2023: €-65k
2024: €85k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€287k-€293k▲ 1.9%€275k▼ 6.0%€431k▲ 56.5%€353k▼ 18.0%
Operating result€156k-€23k▼ 85.5%€94k▲ 313%€247k▲ 164%€45k▼ 81.6%
Net result€101k-€6k▼ 94.5%€50k▲ 801%€156k▲ 210%€15k▼ 90.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.14M
Fixed assets
€830k▼ 4.0%
Current assets
€306k▼ 16.7%
Equity and liabilities €1.14M
Equity
€353k▼ 18.0%
Debt
€783k▼ 2.3%
The debt ratio rises from 65.0% to 68.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€115k▼
2024 · €312k
Cash flow
€85k▼
2024 · €220k
Solvency
31.1%▼
2024 · 35.0%
Current ratio
1.20▼
2024 · 1.30
Quick ratio
1.02▼
2024 · 1.11
Debt / equity
2.21▲
2024 · 1.86
ROE
4.4%▼
2024 · 36.1%
ROA
1.4%▼
2024 · 12.6%
Interest coverage
4.81▼
2024 · 13.81
Debt
€783k▼
2024 · €801k
Debt ≤ 1 year
€255k▼
2024 · €283k
Debt > 1 year
€525k▲
2024 · €518k
Income taxes
€8k▼
2024 · €70k
Staff costs
€137k▼
2024 · €169k
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€1.23M€1.14M▼
Fixed assets21/28€864k€830k▼
Tangible fixed assets22/27€864k€830k▼
Land and buildings22€814k€774k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€48k€53k▲
Current assets29/58€368k€306k▼
Stocks and contracts in progress3€54k€46k▼
Stocks30/36€35k€37k▲
Contracts in progress37€19k€10k▼
Amounts receivable within one year40/41€139k€119k▼
Trade receivables40€139k€92k▼
Other amounts receivable41€0€27k▲
Cash at bank and in hand54/58€172k€138k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.14M▼
Equity10/15€431k€353k▼
Contributions10/11€6k€6k=
Reserves13€425k€347k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€0▼
Other1319-€2k
Distributable reserves133€423k€345k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€801k€783k▼
Amounts payable after more than one year17€518k€525k▲
Financial debts170/4€518k€525k▲
Amounts payable within one year42/48€283k€255k▼
Current portion of amounts payable after more than one year42€56k€59k▲
Trade debts44€36k€30k▼
Suppliers440/4€36k€30k▼
Advances received on contracts in progress46€4k€2k▼
Taxes, remuneration and social security45€97k€30k▼
Taxes450/3€77k€17k▼
Remuneration and social security454/9€20k€13k▼
Other amounts payable47/48€90k€133k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Remuneration, social security and pensions62€169k€137k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€69k▲
Other operating charges640/8€9k€10k▲
Gross operating margin9900€490k€262k▼
Operating profit (loss)9901€247k€45k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€23k€24k▲
Recurring financial charges65€23k€24k▲
Profit (loss) for the period before taxes9903€226k€24k▼
Income taxes67/77€70k€8k▼
Profit (loss) for the period9904€156k€15k▼
Profit (loss) for the period to be appropriated9905€156k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€156k€15k▼
Transfer from equity791/2€0€93k▲
Transfer to equity691/2€156k€15k▼
To other reserves6921€156k€15k▼
Profit to be distributed694/7€0€93k▲
Return on contributions (dividend)694€0€93k▲
The notes to these accounts (11 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
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €156k ▲210%
Operating result €247k, net result €156k, both a record.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €6k ▼94.5%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €200kEq €287k ▲54.5%
4 profitable years in a row build equity to €287k.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €150kEq €186k ▲33.8%
3 profitable years in a row build equity to €186k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tielt · 1 establishment unit since 2015
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.
Ambachtenlaan 18760 TieltGround area
1,730 m²
Building footprint
554 m²
Parcel 37322C0461/00E000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Gorditex
since 20152.244.768.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322C0461/00E000 | Flanders | 1,730 m² | 1 · 554 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 59,965 EUR awarded · 59,965 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,881 EUR | 2,881 EUR |
| 2024 | 1 | 14,676 EUR | 14,676 EUR |
| 2023 | 2 | 26,140 EUR | 26,140 EUR |
| 2022 | 1 | 16,268 EUR | 16,268 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,452 companies in sector 74130 we hold annual accounts for 341. 211 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2015
Fiscal year end30-09
Activities, NACEBEL
13929Manufacture of textiles
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.