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KAROSHI

Active
Private limited companyfounded 2008active for 18 yearsWezelbaan +49, 3290 Diest, BelgiumKBO/BCE: BE 0807.279.233
Summary

KAROSHI has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €455,302 and a net result of €36,902. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 55% of 197 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of textiles
NACE 13100Finishing of textiles NACE 13300
4th largest company by total assets in Flemish Brabant, Textiles sector2 sites
Size
≈ €860,000turnover 2025, estimated
Staff
3.5 FTE
Equity
€455,302
Profit
€36,902
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 35 days early1 of 2 deeds summarised
Why 95lowers riskEquity €455,302 (53.9% of total assets)Liquidity: current ratio 1.14, cash €163,779Figures for financial year 2025 (filed 26-06-2026)Size: 3.5 FTE, total assets €844,421Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 13, micro)
Financial strength · tick = 2024
Strong
Solvency 79+2
equity 53.9% of total assets
Liquidity 63+4
short-term debt 27.3% · cash 19.4%
Profitability 74-9
return on assets 4.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.14, compared with 1.01 in 2024, below the usual 1.5; short-term debt: 27.3% and cash: 19.4% of total assets), and 46.1% of the assets are financed with debt and provisions.
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 13, micro): better than 57% on solvency, 64% on liquidity, 57% on profitability and 63% on growth.

The bankruptcy probability was computed on 28-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Equity €455,302 (53.9% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.14, cash €163,779
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 26-06-2026)
NBB · annual accounts
lowers risk · Size: 3.5 FTE, total assets €844,421
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
27 days early
2023
7 days late
2022
26 days early
2021
3 days early
2020
9 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Financials · financial year 2025, abbreviated format

Turnover
≈ €860,000
Estimated: probably between €510,000 and €1.5m
Total assets
€844,421▲ 4.5%
2024 · €808,213
Net result
€36,902▼ 59.5%
2024 · €91,095
Working capital
€32,922▲ 14×
2024 · €2,339
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 52% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€62,600 2025 Net result€36,902 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 13, Manufacture of textiles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€36,583-€26,336▼ 28.0%€14,417▼ 45.3%€24,016▲ 66.6%€125,058▲ 421%€152,506▲ 21.9%€129,404▼ 15.1%€62,600▼ 51.6%
Net result€12,491-€8,220▼ 34.2%€940within the sector's middle half▼ 88.6%€15,069within the sector's middle half▲ 16×€82,488within the sector's middle half▲ 447%€100,575within the sector's middle half▲ 21.9%€91,095within the sector's middle half▼ 9.4%€36,902within the sector's middle half▼ 59.5%
Equity€120,012-€128,232▲ 6.8%€129,172below the sector's middle half▲ 0.7%€144,242below the sector's middle half▲ 11.7%€226,730within the sector's middle half▲ 57.2%€327,305within the sector's middle half▲ 44.4%€418,400within the sector's middle half▲ 27.8%€455,302within the sector's middle half▲ 8.8%
Total assets€730,044-€705,596▼ 3.3%€655,516within the sector's middle half▼ 7.1%€658,917within the sector's middle half▲ 0.5%€668,228below the sector's middle half▲ 1.4%€697,816below the sector's middle half▲ 4.4%€808,213within the sector's middle half▲ 15.8%€844,421within the sector's middle half▲ 4.5%
Debt€610,031-€577,364▼ 5.4%€526,344▼ 8.8%€514,676▼ 2.2%€441,498▼ 14.2%€370,510▼ 16.1%€389,812▲ 5.2%€389,119▼ 0.2%
Working capital-€45,753--€38,879▲ 15.0%-€40,573below the sector's middle half▼ 4.4%-€45,756below the sector's middle half▼ 12.8%€582below the sector's middle half-€69,478below the sector's middle half€2,339below the sector's middle half€32,922within the sector's middle half▲ 14×
Solvency16.4%-18.2%▲ 1.7pp19.7%below the sector's middle half▲ 1.5pp21.9%below the sector's middle half▲ 2.2pp33.9%within the sector's middle half▲ 12.0pp46.9%within the sector's middle half▲ 13.0pp51.8%within the sector's middle half▲ 4.9pp53.9%within the sector's middle half▲ 2.2pp
Current ratio0.68-0.69▲ 0.010.66below the sector's middle half▼ 0.030.73below the sector's middle half▲ 0.071.00below the sector's middle half▲ 0.270.62below the sector's middle half▼ 0.381.01below the sector's middle half▲ 0.391.14below the sector's middle half▲ 0.13
Return on assets (ROA)1.7%-1.2%▼ 0.5pp0.1%within the sector's middle half▼ 1.0pp2.3%within the sector's middle half▲ 2.1pp12.3%within the sector's middle half▲ 10.1pp14.4%above the sector's middle half▲ 2.1pp11.3%within the sector's middle half▼ 3.1pp4.4%within the sector's middle half▼ 6.9pp
Staff (FTE)4-3.9▼ 2.5%3.5within the sector's middle half▼ 10.3%3.5within the sector's middle half=3within the sector's middle half▼ 14.3%2.9within the sector's middle half▼ 3.3%0below the sector's middle half▼ 100%3.5within the sector's middle half
above within below the middle half of NACE 13, Manufacture of textiles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €844,421
Fixed assets €580,555 ▼ 3.6%
Current assets €263,866 ▲ 28.1%
Equity and liabilities €844,421
Equity €455,302 ▲ 8.8%
Debt €389,119 ▼ 0.2%
Debt's share of the balance-sheet total falls from 48.2% to 46.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€143,570▼
2024 · €196,972
Cash flow
€117,872▼
2024 · €158,663
Quick ratio
1.01▲
2024 · 0.88
Debt to equity
0.85▼
2024 · 0.93
ROE
8.1%▼
2024 · 21.8%
Interest coverage
17.14▼
2024 · 22.56
Debt ≤ 1 year
€230,944▲
2024 · €203,577
Debt > 1 year
€158,175▼
2024 · €186,235
Income taxes
€24,353▼
2024 · €33,879
Staff costs
€214,037▲
2024 · €185,690
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.2% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,904 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€808,213€844,421▲
Fixed assets21/28€602,297€580,555▼
Intangible fixed assets21-€13,432
Tangible fixed assets22/27€583,217€548,043▼
Land and buildings22€475,978€436,526▼
Plant, machinery and equipment23€24,341€20,563▼
Furniture and vehicles24€40,625€31,901▼
Leasing and similar rights25€42,273€59,054▲
Financial fixed assets28€19,080€19,080=
Current assets29/58€205,916€263,866▲
Stocks and contracts in progress3€25,903€31,137▲
Stocks30/36€4,322€4,440▲
Contracts in progress37€21,582€26,697▲
Amounts receivable within one year40/41€52,998€67,761▲
Trade receivables40€24,140€42,909▲
Other amounts receivable41€28,858€24,851▼
Cash at bank and in hand54/58€120,849€163,779▲
Deferred charges and accrued income490/1€6,166€1,189▼
Equity and liabilities
Total equity and liabilities10/49€808,213€844,421▲
Equity10/15€418,400€455,302▲
Contributions10/11€18,600€18,600=
Reserves13€399,800€436,702▲
Tax-exempt reserves132€64,203€64,203=
Distributable reserves133€335,598€372,500▲
Amounts payable17/49€389,812€389,119▼
Amounts payable after more than one year17€186,235€158,175▼
Financial debts170/4€186,235€158,175▼
Amounts payable within one year42/48€203,577€230,944▲
Current portion of amounts payable after more than one year42€45,460€55,711▲
Trade debts44€77,441€87,824▲
Suppliers440/4€77,441€87,824▲
Taxes, remuneration and social security45€65,426€87,408▲
Taxes450/3€33,898€51,124▲
Remuneration and social security454/9€31,528€36,284▲
Other amounts payable47/48€15,250€0▼
Income statement Code20242025
Remuneration, social security and pensions62€185,690€214,037▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67,568€80,970▲
Other operating charges640/8€2,482€4,820▲
Gross operating margin9900€385,144€362,426▼
Operating profit (loss)9901€129,404€62,600▼
Financial income75/76B€4,301€7,031▲
Recurring financial income75€4,301€5,531▲
Non-recurring financial income76B€0€1,500▲
Financial charges65/66B€8,731€8,376▼
Recurring financial charges65€8,731€8,376▼
Profit (loss) for the period before taxes9903€124,974€61,255▼
Income taxes67/77€33,879€24,353▼
Profit (loss) for the period9904€91,095€36,902▼
Transfer to tax-exempt reserves689€64,203€0▼
Profit (loss) for the period to be appropriated9905€26,893€36,902▲
Appropriation of the result
Profit (loss) to be appropriated9906€26,893€36,902▲
Transfer to equity691/2€26,893€36,902▲
To other reserves6921€26,893€36,902▲
Social balance sheet
Average headcount (FTE)90870.03.5▲

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0-----
Remuneration, social security and pensions62---€139,488€161,440€170,572€185,690€214,037▲ 15.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62,295€48,318€44,377€43,347€44,042€54,214€67,568€80,970▲ 19.8%
Other operating charges640/8---€8,472€5,710€2,525€2,482€4,820▲ 94.2%
Non-recurring operating charges66A---€0-----
Gross operating margin9900€295,605€261,949€192,254€215,323€336,250€379,817€385,144€362,426▼ 5.9%
Operating profit (loss)9901€36,583€26,336€14,417€24,016€125,058€152,506€129,404€62,600▼ 51.6%
Financial income75/76B---€2,909€3,107€4,656€4,301€7,031▲ 63.5%
Recurring financial income75-€35€38€2,909€3,107€3,830€4,301€5,531▲ 28.6%
Non-recurring financial income76B-----€826€0€1,500-
Financial charges65/66B---€12,319€10,601€10,323€8,731€8,376▼ 4.1%
Recurring financial charges65€18,256€14,167€13,203€12,319€10,601€10,323€8,731€8,376▼ 4.1%
Profit (loss) for the period before taxes9903€18,327€12,205€1,252€14,605€117,565€146,839€124,974€61,255▼ 51.0%
Income taxes67/77€5,836€3,985€312-€464€35,077€46,263€33,879€24,353▼ 28.1%
Profit (loss) for the period9904€12,491€8,220€940€15,069€82,488€100,575€91,095€36,902▼ 59.5%
Transfer to tax-exempt reserves689------€64,203€0▼ 100%
Profit (loss) for the period to be appropriated9905€12,491€8,220€940€15,069€82,488€100,575€26,893€36,902▲ 37.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€730,044€705,596€655,516€658,917€668,228€697,816€808,213€844,421▲ 4.5%
Fixed assets21/28€633,069€620,822€578,031€536,003€510,899€584,563€602,297€580,555▼ 3.6%
Intangible fixed assets21€358€202€46€0---€13,432-
Tangible fixed assets22/27€629,883€617,793€577,985€536,003€510,899€565,483€583,217€548,043▼ 6.0%
Land and buildings22---€517,851€486,638€472,609€475,978€436,526▼ 8.3%
Plant, machinery and equipment23---€16,117€22,897€23,975€24,341€20,563▼ 15.5%
Furniture and vehicles24---€2,035€1,364€14,072€40,625€31,901▼ 21.5%
Leasing and similar rights25-----€54,827€42,273€59,054▲ 39.7%
Other tangible fixed assets26---€0-----
Financial fixed assets28€2,827€2,827€0--€19,080€19,080€19,080=
Current assets29/58€96,975€84,774€77,485€122,914€157,329€113,252€205,916€263,866▲ 28.1%
Stocks and contracts in progress3€13,760€21,484€8,512€18,523€33,162€37,761€25,903€31,137▲ 20.2%
Stocks30/36---€10,847€7,908€8,652€4,322€4,440▲ 2.7%
Contracts in progress37---€7,677€25,253€29,109€21,582€26,697▲ 23.7%
Amounts receivable within one year40/41€31,459€36,784€25,820€48,123€57,553€46,972€52,998€67,761▲ 27.9%
Trade receivables40---€26,944€50,608€39,988€24,140€42,909▲ 77.8%
Other amounts receivable41---€21,180€6,946€6,984€28,858€24,851▼ 13.9%
Cash at bank and in hand54/58€27,401€11,883€25,135€48,919€56,649€20,846€120,849€163,779▲ 35.5%
Deferred charges and accrued income490/1---€7,348€9,966€7,673€6,166€1,189▼ 80.7%
Equity and liabilities
Total equity and liabilities10/49€730,044€705,596€655,516€658,917€668,228€697,816€808,213€844,421▲ 4.5%
Equity10/15€120,012€128,232€129,172€144,242€226,730€327,305€418,400€455,302▲ 8.8%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€101,412€109,632€110,572€125,642€208,130€308,705€399,800€436,702▲ 9.2%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Tax-exempt reserves132------€64,203€64,203=
Distributable reserves133---€123,782€206,270€308,705€335,598€372,500▲ 11.0%
Amounts payable17/49€610,031€577,364€526,344€514,676€441,498€370,510€389,812€389,119▼ 0.2%
Amounts payable after more than one year17€467,304€453,712€408,281€346,006€284,751€187,780€186,235€158,175▼ 15.1%
Financial debts170/4---€346,006€284,751€187,780€186,235€158,175▼ 15.1%
Amounts payable within one year42/48€142,728€123,652€118,059€168,670€156,747€182,730€203,577€230,944▲ 13.4%
Current portion of amounts payable after more than one year42---€62,275€61,254€53,198€45,460€55,711▲ 22.6%
Financial debts43---€0-----
Credit institutions430/8---€0-----
Trade debts44€45,569€59,219€27,884€68,940€58,891€72,353€77,441€87,824▲ 13.4%
Suppliers440/4---€68,940€58,891€72,353€77,441€87,824▲ 13.4%
Taxes, remuneration and social security45---€37,341€36,602€57,180€65,426€87,408▲ 33.6%
Taxes450/3---€18,129€19,065€27,329€33,898€51,124▲ 50.8%
Remuneration and social security454/9---€19,212€17,537€29,851€31,528€36,284▲ 15.1%
Other amounts payable47/48---€114€0-€15,250€0▼ 100%
Accrued charges and deferred income492/3---€0-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€12,491€8,220€940€15,069€82,488€100,575€91,095€36,902▼ 59.5%
+ Depreciation and write-downs630€62,295€48,318€44,377€43,347€44,042€54,214€67,568€80,970▲ 19.8%
Operating cash flow (approximation)€74,786€56,538€45,317€58,416€126,531€154,789€158,663€117,872▼ 25.7%
Investment in fixed assets (approximation)--€36,072-€1,585-€1,319-€18,938-€127,878-€85,302-€59,228▲ 30.6%
Change in cash--€15,517€13,252€23,784€7,730-€35,802€100,003€42,929▼ 57.1%

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

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 26-06-2026 2026-00202244
31-12-2024 abbreviated format 04-07-2025 2025-00231349
31-12-2023 abbreviated format 07-08-2024 2024-00334386
31-12-2022 abbreviated format 05-07-2023 2023-00207293
31-12-2021 abbreviated format 28-07-2022 2022-20242261
31-12-2020 abbreviated format 22-07-2021 2021-39400456
31-12-2019 abbreviated format 31-08-2020 2020-49600293
31-12-2018 abbreviated format 17-06-2019 2019-19500089
31-12-2017 abbreviated format 15-06-2018 2018-19500594
31-12-2016 abbreviated format 20-06-2017 2017-19200355

Show all 17 filings

Similar companies · same sector, comparable size

Of the 208 active companies whose main activity is manufacture of textiles (NACE 13100), figures are known for 139. 90 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
no sitting director read yet, last change in 2023
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Mandate history

2 people since 2023, 0 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
GRISON Evelyne Jane Alexandra
  • Director (not named in the articles), from 16-03-2023 to 10-05-2023
MICHIELS Wim Moutrie Michel
  • Director (not named in the articles), from 16-03-2023 to 10-05-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 10-05-2023 Converted to unavailable equity

Group and network

Connections & network

No directors read yet: 1 of 2 Gazette acts processed.

History

KAROSHI was incorporated on 21 October 2008.1 Total assets rose from €730,044 in 2018 to €844,421 in 2025 and headcount from 4 to 3.5 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
26-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
04-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
07-08
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 7 days late
2023
31-12
Financial Highest result from 2018 to 2025net €100,575 ▲21.9%
Operating result €152,506, net result €100,575, both a record.
05-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
10-05
Gazette deed Resignations: MICHIELS Wim Moutrie Michel (manager and director) and GRISON Evelyne Jane Alexandra (manager and director)
Appointments: MICHIELS Wim Moutrie Michel (director) and GRISON Evelyne Jane Alexandra (director) · Amendment of the articles · Capital conversion11 facts ▸
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “statutair onbeschikbare eigen vermogensrekening, opheffing” (deed in Dutch)
  • Other provision, “invoeging mogelijkheid tot uittreding van aandeelhouders en bepaling van de voorwaarden” (deed in Dutch)
  • Other provision, “invoeging mogelijkheid tot uitkering van interim-dividenden” (deed in Dutch)
  • Director resignation, MICHIELS Wim Moutrie Michel (manager and director)
  • Director appointment, MICHIELS Wim Moutrie Michel (director (not named in the articles))
  • Director resignation, GRISON Evelyne Jane Alexandra (manager and director)
  • Director appointment, GRISON Evelyne Jane Alexandra (director (not named in the articles))
  • Registered office clause, “3290 Diest, Wezelbaan +49” (deed in Dutch)
  • Other provision, “opdracht tot coördinatie van de statuten en de neerlegging daarvan in het vennootschapsdossier te verzorgen” (deed in Dutch)
2022
31-12
Financial Equity above €200,000equity €226,730 ▲57.2%
A profit in every financial year since 2018 builds equity to €226,730.
28-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
22-07
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial Weakest financial yearnet €940 ▼88.6%
Net result drops to €940, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 31 days late
2019
17-06
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
15-06
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
20-06
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded21-10-2008
Financial year end31-12
Activities, NACEBEL 2025
13100Manufacture of textiles
13300Finishing of textiles
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47519Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0807279233
Also 9925:BE0807279233
Registered 05-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Diest · 2 establishment units since 2008
registered office establishment All 2 establishment units on the map
Ground area
1.4 ha
Building footprint
762 m²
Building volume
3,834 m³
3 parcels, Flanders · tallest building 10.5 m. Linked by address, not a title deed.
2 establishment units
Karoshi
Wezelbaan 49, 3290 DiestManufacture of textiles
since 2008unit no. 2.174.597.864
Karoshi
Postbaan 99, 3290 DiestFinishing of textiles
since 2018unit no. 2.270.508.890
3 parcels
Flanders 3 (100%)
Cadastral parcel Region Area Buildings Height / floors
24097E0152/00B000indicative Flanders 1.1 ha - -
24097F0004/00W002 Flanders 1,596 m² 1 · 272 m² 10.5 m · 2
24097O0035/00D002 Flanders 1,312 m² 1 · 490 m² 5.4 m · 2
How the parcels are linked
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.

Articles of association

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“1, benoemd met of zonder beperking van duur” (deed in Dutch)
“Hij kan bijzondere machten toekennen aan elke mandataris, Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…” (deed in Dutch)
“Deze wordt geboekt op de algemene kosten, los van eventuele representatie-, reis- en verplaatsingskosten, De algemene vergadering beslist of…” (deed in Dutch)

deed of 10-05-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Kwijting aan de ontslagnemende zaakvoerders, op de volgende jaarvergadering” (deed in Dutch)

deed of 10-05-2023