Active BE 0722.659.896Private limited company (pre-2019)

RETOUCHABLE

Borzestraat 18 ·2800 Mechelen, Belgium· 7 yrs active

Sector: Design of textile patterns, clothing, jewellery, furniture and decorative items (74111)

Conclusion Checked

RETOUCHABLE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €657. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 3394 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€4k
Net result	€657
Better than sector	33%
Active	7 yrs

Financial profile 5 of 5 axes measured · computed by Checked

71 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 58

Profitability 75

Solvency 46

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.6% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2019, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

58 / 100 Fair

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€500

estimate, not credit advice

Score history

20 2020

81 2021

73 2022

93 2023

30 2024

58 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.90 (< 1.0) -10

Profitability ROE 15% (≥ 10%) +10

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 14-08-2026 with the NBB · fiscal year 2025 · micro schema

RevenueOperating resultNet result

Sector comparison

Fiscal year 2025 · NACE 74, Other professional, scientific and technical activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	30.4%	50.2%	better than 33% of 3394 sector peers
Net result	€657	€9k	better than 31% of 3389 sector peers
Equity	€4k	€43k	better than 18% of 3395 sector peers
Gross operating margin	€958	€27k	better than 17% of 3390 sector peers
Total assets	€14k	€99k	better than 8% of 3394 sector peers

Revenue

€31k

- 20-25

Net profit

€657

- 20-25

Total assets

€14k

+40.4% 20-25

Equity

€4k

+17.7% 20-25

Working capital

€-1k

+39.2% 20-25

Income taxes

€-35

- 20-25

Debt

€10k

+53.4% 20-25

Debt ≤ 1y

€10k

+53.4% 20-25

Current ratio

0.90

+20.8% 20-25

Quick ratio

0.90

+20.8% 20-25

Solvency

30.4%

-16.2% 20-25

Debt / equity

2.29

+30.3% 20-25

ROE

15.0%

- 20-25

ROA

4.6%

- 20-25

Net margin

19.8%

- 20-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	micro schema	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-	€31k
EBITDA	-	-	-	-	-
Net profit	€657	€-5k	€3k	€141	€6k
Cash flow	-	-	-	-	-
Staff costs	-	-	-	-	-
Income taxes	-	€-35	-	€35	€2k
Dividends	-	-	-	-	-
Total assets	€14k	€10k	€11k	€10k	€12k
Equity	€4k	€4k	€9k	€6k	€6k
Debt	€10k	€7k	€2k	€3k	€6k
of which ≤ 1y	€10k	€7k	€2k	€3k	€6k
of which > 1y	-	-	-	-	-
Working capital	€-1k	€-2k	€4k	€781	€640
Employees (FTE)	-	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	0.90	0.74	3.02	1.22	1.10
Quick ratio	0.90	0.74	3.02	1.22	1.10
Working capital ratio	-7.1%	-16.4%	33.2%	8.1%	5.2%
Solvency	30.4%	36.2%	83.6%	64.0%	48.7%
Debt / equity	2.29	1.76	0.20	0.56	1.05
Long-term debt ratio	-	-	-	-	-
Interest coverage	-	-	-	-	-
Gross margin	-	-	-	-	24.9%
Net margin	-	-	-	-	19.8%
ROA	4.6%	-51.0%	25.9%	1.5%	49.8%
ROE	15.0%	-140.8%	31.0%	2.3%	102.4%
EBITDA margin	-	-	-	-	-
Days sales outstanding	-	-	-	-	23d
Days payable outstanding	-	-	-	-	46d
Inventory turnover	-	-	-	-	-
Days inventory (DSI)	-	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €5k · 37.4% Current assets €9k · 62.6%

Equity & liabilities

Equity €4k · 30.4% Debt €10k · 69.6%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€14k	€10k	€11k	€10k	€12k
Fixed assets	21/28	€5k	€5k	€5k	€5k	€5k
Financial fixed assets	28	€5k	€5k	€5k	€5k	€5k
Current assets	29/58	€9k	€5k	€5k	€4k	€7k
Amounts receivable within one year	40/41	€8k	€4k	€4k	€886	€5k
Cash & bank	54/58	€1k	€1k	€2k	€2k	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€14k	€10k	€11k	€10k	€12k
Equity	10/15	€4k	€4k	€9k	€6k	€6k
Contributions / capital	10/11	€12k	€12k	€12k	€12k	€12k
Accumulated profits (losses)	14	€-8k	€-9k	€-3k	€-6k	€-6k
Amounts payable	17/49	€10k	€7k	€2k	€3k	€6k
Amounts payable within one year	42/48	€10k	€7k	€2k	€3k	€6k
Trade debts payable within one year	44	€6k	€4k	€657	€3k	€3k
Income statement
Turnover	70	-	-	-	-	€31k
Gross operating margin	9900	€958	€-5k	€4k	€473	€8k
Operating result	9901	€808	€-5k	€3k	€258	€8k
Financial income	75	-	-	-	€57	€132
Financial charges	65	€151	€229	€61	€138	€98
Result before taxes	9903	€657	€-5k	€3k	€177	€8k
Income taxes	67/77	-	€-35	-	€35	€2k
Net result for the period	9904	€657	€-5k	€3k	€141	€6k
Result to be appropriated	9905	€657	€-5k	€3k	€141	€6k

Legal Structure

NACE primary	Design of textile patterns, clothing, jewellery, furniture and decorative items(74111)
Legal form	Private limited company (pre-2019)(015)
Incorporation	12-03-2019
Status	Active
Postal code	2800

Establishment units 1 location

RETOUCHABLE

Borzestraat 18, 2800 MechelenOther professional, scientific and technical activities

since 20192.288.553.563

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12025D0177/00G000	Flanders	6 m²	-	-

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.

Updates 6 events

All 10Financial 4Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 14 days late

2025

31-12

Financial Back to profitnet €657

Net result €657 after one loss-making year.

11-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 11 days late

2024

21-02

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Liquidity doublescurrent ratio 3.02

Current ratio from 1.22 to 3.02; short-term debt falls from €3k to €2k.

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-12

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

31-12

Financial Liquidity triplescurrent ratio 1.10

Current ratio from 0.36 to 1.10; short-term debt falls from €9k to €6k.

30-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 61 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Design of textile patterns, clothing, jewellery, furniture and decorative items74111

Names & trade names

Legal nameNL

RETOUCHABLE

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