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HAS - TEX

Active
Private limited companyfounded 199431 years activeSleepstraat 30, 9000 Gent, BelgiumKBO/BCE: BE 0453.923.673
Summary

The computed 12-month bankruptcy probability of HAS - TEX is 3.0% (moderate). The 2024 annual accounts show equity of €26,301 and a net result of €14,024. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 9,656 sector peers (NACE 47, fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of household textiles and bedding
NACE 47512
1 site
Size
€66,939total assets 2024
Equity
€26,301
Profit
€14,024
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.0%
Structure
Accounts 69 days overdue0 of 1 deed read
Why 52- Figures for FY 2024 (filed 29-09-2025)- Liquidity: current ratio 1.65, cash €15, halved- 1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 late+ Founded in 1994Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 62% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Average
Solvency 64-18
equity 39.3% of total assets
Liquidity 18-12
short-term debt 60.7% · cash 0.0%
Profitability 90-10
return on assets 21.0%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,186 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.3 percentage points vs 06-2025 08-2025: 1.2%▲ +0.3 percentage points vs 07-2025 09-2025: 1.3%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▼ -0.1 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.9 percentage points vs 07-2026 09-2026: 2.3%▲ +0.2 percentage points vs 08-2026 10-2026: 3.0%▲ +0.7 percentage points vs 09-2026highest value
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.65 against 2.3 in 2023; short-term debt: 60.7% and cash: 0% of total assets), but 60.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 54% on solvency, 17% on liquidity, 85% on profitability and 93% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 29-09-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.65, cash €15, halved
NBB · annual accounts
lowers risk · Founded in 1994
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 58 days late; 2 of the last 3 late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €26,301
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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
58 days late
2023
30 days late
2022
72 days late
2021
135 days late
2020
90 days late
2019
117 days 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 84 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Highest result since 2018net €14,024 ▲51.9%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 14% on equitysector median €331,459 · 9,658 companies €26,301 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Active since 1994founded 02-12-1994 31 years View

By topic

Financials

Fiscal year
2024
Total assets
€66,939
Profit
€14,024
Solvency
39.3%
Go to Financials

Timeline

Events
16
Since
2016
  1. 11-10-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 31-12-2022Liquidity doubles
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of household textiles and beddingNACE 47512
Founded
02-12-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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