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LE TISSAGE

Active
Public limited companyfounded 2000active for 26 yearsAelbekesteenweg 284, 7700 Mouscron, BelgiumKBO/BCE: BE 0471.348.536
Summary

LE TISSAGE has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of €586,737. Equity is shrinking by about 3.1% per year across the filed financial years. Its solvency ranks better than 20% of 191 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Manufacture of textiles
NACE 13200Manufacture of textiles NACE 13930
2nd fastest staff growth in Belgium, Textiles sector2 sites
Size
€26.3mturnover 2025
Staff
66.5 FTE
Equity
€3.6m
Profit
€586,737
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
BEAVER CORPORATION · 100%
Holdings
1
Auditor: BV MOORE AUDITAccounts 18 days early2 of 11 deeds read
Why 83raises riskLiquidity: current ratio 1.28, cash €229,0172 of the last 3 latelowers riskProfit of €586,737 (financial year 2025)Legal form: public limited companyShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 44% of its sector peers (NACE 13, medium-sized)
Financial strength · tick = 2024
Average
Solvency 53+4
equity 28.2% of total assets
Liquidity 22+2
short-term debt 58.5% · cash 1.8%
Profitability 66+24
return on assets 4.6%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (55 companies, NACE 13, medium-sized)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.3 percentage points vs 07-2025 09-2025: 2.0%▲ +0.4 percentage points vs 08-2025 10-2025: 3.0%▲ +1.0 percentage point vs 09-2025highest value 11-2025: 2.4%▼ -0.6 percentage points vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.3%▼ -0.1 percentage points vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.1%▼ -0.2 percentage points vs 04-2026 06-2026: 1.5%▼ -0.6 percentage points vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 0.4%▼ -1.1 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €290,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.28, compared with 1.13 in 2024; short-term debt: 58.5% and cash: 1.8% of total assets), and 71.8% 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, medium-sized): better than 13% on solvency, 9% on liquidity, 64% on profitability and 93% on growth.

The bankruptcy probability was computed on 11-10-2026 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 riskraises riskneutral
raises risk · Liquidity: current ratio 1.28, cash €229,017
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
lowers risk · Profit of €586,737 (financial year 2025)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 191 sector peers (2025).
NBB · sector comparison
Position among 191 sector peers
Solvency
better than 20%
← weakest strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
84 days late
2023
77 days late
2022
70 days late
2021
30 days late
2020
30 days late
2019
41 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 45 days after 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 9 October (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Moore Audit BV (statutory auditor)Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignations & appointmentsShareholding · Power of attorney

Key points

  • Positive: Back in profit in 2025after -€760,390 in 2024 €586,737 View
  • Positive: 2nd fastest staff growth in Belgium, Textiles sectorin the Checked rankings No. 2 View
  • Controlled by BEAVER CORPORATIONthe company in turn controls 1 companies 100% View

By topic

Financials

Financial year
2025
Turnover
€26.3m
Profit
€586,737
Solvency
28.2%
Turnover▲ 22.5%
Net result
20182025
Go to Financials

Timeline

Events
31
Since
2002
Next accounts
by 31-07-2027
  1. 31-12-2025Back to profit
  2. 23-10-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of textilesNACE 13200
Founded
03-03-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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