INDETEX
ActiveSummary
INDETEX has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.05M and a net result of €733k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 74% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-10
Solvency93▼-7
Growth46▼-8
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 4.15 against 6.21 in 2024; short-term debt: 22.6% and cash: 29.9% of total assets), and 31.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
68.1%
Return on assets
7.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
2023
62 d early
2022
23 d late
2021
17 d early
2020
23 d early
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€13.65M▲ 1.3%
2024 · €13.47M
2023: €14.55M
2024: €13.47M
2023 → 2025
EBIT margin
9.3%▼ 2.2pp
2024 · 11.6%
2023: 13.1%
2024: 11.6%
2023 → 2025
Net result
€733k▼ 69.1%
2024 · €2.37M
2018: €-328k
2019: €989k
2020: €1.12M
2021: €1.92M
2022: €662k
2023: €1.69M
2024: €2.37M
2018 → 2025
Working capital
€7.37M▼ 43.2%
2024 · €12.98M
2018: €7.47M
2019: €11.78M
2020: €12.26M
2021: €14.03M
2022: €9.37M
2023: €10.81M
2024: €12.98M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€14.55M€13.47M▼ 7.5%€13.65M▲ 1.3%
Equity€13.64M-€9.29M▼ 31.8%€10.98M▲ 18.2%€12.32M▲ 12.2%€7.05M▼ 42.8%
Operating result€1.93M-€568k▼ 70.6%€1.90M▲ 235%€1.56M▼ 18.2%€1.27M▼ 18.3%
Net result€1.92M-€662k▼ 65.5%€1.69M▲ 155%€2.37M▲ 40.5%€733k▼ 69.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.35M
Fixed assets
€648k ▼ 2.1%
Current assets
€9.70M ▼ 37.3%
Equity and liabilities €10.35M
Equity
€7.05M ▼ 42.8%
Debt
€3.30M ▼ 13.5%
Debt's share of the balance-sheet total rises from 23.6% to 31.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.41M▼
2024 · €1.74M
Cash flow
€869k▼
2024 · €2.55M
Current ratio
4.15▼
2024 · 6.21
Quick ratio
2.90▼
2024 · 5.10
Debt to equity
0.47▲
2024 · 0.31
ROE
10.4%▼
2024 · 19.3%
ROA
7.1%▼
2024 · 14.7%
Interest coverage
64.07▼
2024 · 65.05
Debt ≤ 1 year
€2.34M▼
2024 · €2.49M
Debt > 1 year
€961k▼
2024 · €1.27M
Income taxes
€260k▲
2024 · €-667k
Staff costs
€773k▲
2024 · €697k
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 · 2025 against 2024 · 82 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16.13M€10.35M▼
Fixed assets21/28€662k€648k▼
Intangible fixed assets21€17k€11k▼
Tangible fixed assets22/27€646k€637k▼
Land and buildings22€374k€380k▲
Plant, machinery and equipment23€99k€61k▼
Furniture and vehicles24€173k€132k▼
Assets under construction and advance payments27-€65k
Current assets29/58€15.47M€9.70M▼
Amounts receivable after more than one year29€571k€571k=
Other amounts receivable291€571k€571k=
Stocks and contracts in progress3€2.75M€2.94M▲
Stocks30/36€2.75M€2.94M▲
Raw materials and consumables30/31€128k€93k▼
Goods purchased for resale34€2.62M€2.84M▲
Amounts receivable within one year40/41€2.65M€2.63M▼
Trade receivables40€2.60M€2.47M▼
Other amounts receivable41€48k€162k▲
Current investments50/53€0€428k▲
Other investments51/53€0€428k▲
Cash at bank and in hand54/58€9.48M€3.09M▼
Deferred charges and accrued income490/1€22k€41k▲
Equity and liabilities
Total equity and liabilities10/49€16.13M€10.35M▼
Equity10/15€12.32M€7.05M▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€12.25M€6.98M▼
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€3.54M€3.54M=
Distributable reserves133€8.70M€3.43M▼
Investment grants15€0-
Amounts payable17/49€3.81M€3.30M▼
Amounts payable after more than one year17€1.27M€961k▼
Financial debts170/4€1.27M€961k▼
Credit institutions173€1.27M€961k▼
Amounts payable within one year42/48€2.49M€2.34M▼
Current portion of amounts payable after more than one year42€301k€305k▲
Trade debts44€1.50M€1.43M▼
Suppliers440/4€1.50M€1.43M▼
Taxes, remuneration and social security45€156k€107k▼
Taxes450/3€48k€18k▼
Remuneration and social security454/9€108k€89k▼
Other amounts payable47/48€534k€493k▼
Accrued charges and deferred income492/3€54k€0▼
Income statement
Code20242025
Operating income70/76A€13.48M€13.71M▲
Turnover70€13.47M€13.65M▲
Other operating income74€16k€62k▲
Operating charges60/66A€11.93M€12.44M▲
Goods for resale, raw materials and consumables60€6.96M€7.42M▲
Purchases600/8€6.50M€7.57M▲
Change in stocks: decrease (increase)609€463k€-151k▼
Services and other goods61€3.85M€4.12M▲
Remuneration, social security and pensions62€697k€773k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€179k€136k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€127k€-37k▼
Other operating charges640/8€54k€26k▼
Non-recurring operating charges66A€55k€0▼
Operating profit (loss)9901€1.56M€1.27M▼
Financial income75/76B€204k€243k▲
Recurring financial income75€204k€243k▲
Income from current assets751€143k€31k▼
Other financial income752/9€60k€211k▲
Financial charges65/66B€54k€522k▲
Recurring financial charges65€54k€522k▲
Debt charges650€27k€22k▼
Other financial charges652/9€27k€500k▲
Profit (loss) for the period before taxes9903€1.71M€993k▼
Income taxes67/77€-667k€260k▲
Taxes670/3€436k€261k▼
Tax adjustments and reversals of tax provisions77€1.10M€112▼
Profit (loss) for the period9904€2.37M€733k▼
Profit (loss) for the period to be appropriated9905€2.37M€733k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.37M€733k▼
Transfer from equity791/2-€6.00M
From reserves792-€6.00M
Transfer to equity691/2€2.37M€733k▼
To other reserves6921€2.37M€733k▼
Profit to be distributed694/7-€6.00M
Return on contributions (dividend)694-€6.00M
Social balance
Average headcount (FTE)908710.911.5▲
The notes to these accounts (64 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €2.37M ▲40.5%
Net result €2.37M, the highest in the series.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €10MEq €10.98M ▲18.2%
5 profitable years in a row build equity to €10.98M.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 119 days late
2019
31-12
Financial
Back to profitnet €989k
Net result €989k after one loss-making year.
31-12
Financial
Equity above €10MEq €10.61M ▲11%
Equity rises from €9.55M to €10.61M.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Mouscron · 1 establishment unit since 2014
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.
Mont-Galloisstraat 587700 MouscronGround area
109 m²
Building footprint
60 m²
Parcel 54007B0508/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
INDETEX
since 20142.237.573.927
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0508/00T000 | Wallonia | 109 m² | 1 · 60 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
967600518H54D6Q3BF05
Similar companies · same sector, comparable size
RED CODE
BE 0440.165.412
Merchtem · Eq €6.87M
CLASSIS
BE 0861.007.929
Mechelen · Eq €6.55M
SLAAPADVIES
BE 0891.010.128
Wetteren · Eq €7.77M
GNAP
BE 0428.322.702
Sint-Gillis (bij-Brussel) · Eq €6.37M
DYNAC
BE 0457.308.874
Oudenaarde · Eq €6.01M
Of 687 companies in sector 46412 we hold annual accounts for 517. 122 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-11-1977
Fiscal year end31-12
Activities, NACEBEL 2025
46412Wholesale of household textiles and bedding
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.