Silkroad Textile
ActiveSummary
The computed 12-month bankruptcy probability of Silkroad Textile is 3.9% (moderate). The 2024 annual accounts show negative equity (€-73k) and a net result of €-81k. Equity is shrinking by ~319% per year across the filed fiscal years. Its solvency ranks better than 7% of 15869 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
17
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency0▼-38
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.78 in 2023; short-term debt: 216.4% and cash: 9.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-183.4%
Return on assets
-204.7%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-73k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
40 d late
2023
46 d early
2022
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-73k
2023 · €8k
2022: €-10k
2023: €8k
2022 → 2024
Total assets
€40k▼ 40.6%
2023 · €67k
2022: €14k
2023: €67k
2022 → 2024
Net result
€-81k
2023 · €18k
2022: €-15k
2023: €18k
2022 → 2024
Working capital
€-65k▼ 431%
2023 · €-12k
2022: €-10k
2023: €-12k
2022 → 2024
Multi-year overview
Available amounts per fiscal year
Line202220232024Trend
Equity€-10k-€8k€-73k
Operating result€-15k-€19k€-81k
Net result€-15k-€18k€-81k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €81k after €19k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€19k ▼ 16.2%
Current assets
€21k ▼ 53.0%
Key figures and ratios
EBITDA
€-76k▼
2023 · €24k
Cash flow
€-76k▼
2023 · €23k
Solvency
-183.4%▼
2023 · 12.6%
Current ratio
0.24▼
2023 · 0.78
Debt to equity
-1.55▼
2023 · 6.93
ROA
-204.7%▼
2023 · 27.4%
Interest coverage
-544.13▼
2023 · 132.86
Debt
€112k▲
2023 · €58k
Debt ≤ 1 year
€86k▲
2023 · €56k
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€67k€40k▼
Fixed assets21/28€23k€19k▼
Tangible fixed assets22/27€23k€19k▼
Plant, machinery and equipment23€23k€19k▼
Current assets29/58€44k€21k▼
Stocks and contracts in progress3€26k-
Stocks30/36€26k-
Amounts receivable within one year40/41€15k€17k▲
Trade receivables40€9k€14k▲
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€67k€40k▼
Equity10/15€8k€-73k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€3k€-78k▼
Amounts payable17/49€58k€112k▲
Amounts payable within one year42/48€56k€86k▲
Trade debts44€56k€71k▲
Suppliers440/4€56k€71k▲
Taxes, remuneration and social security45€875€14k▲
Taxes450/3€875€296▼
Remuneration and social security454/9-€13k
Other amounts payable47/48-€720
Accrued charges and deferred income492/3€2k€27k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€3k€141▼
Gross operating margin9900€26k€-76k▼
Operating profit (loss)9901€19k€-81k▼
Financial income75/76B€64€303▲
Recurring financial income75€64€303▲
Financial charges65/66B€177€140▼
Recurring financial charges65€177€140▼
Profit (loss) for the period before taxes9903€19k€-81k▼
Income taxes67/77€875-
Profit (loss) for the period9904€18k€-81k▼
Profit (loss) for the period to be appropriated9905€18k€-81k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-81k▼
Profit (loss) brought forward from the previous period14P€-15k-
Transfer from equity791/2-€3k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Weakest financial yearnet €-81k ▼544%
Net result drops to €-81k, the lowest in the series.
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2022
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.
Groeneweg 179320 AalstGround area
3,635 m²
Building footprint
798 m²
Volume, LiDAR
5,686 m³
Parcel 41342B0933/00H000, Flanders · tallest building 26.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Silkroad Textile
since 20222.329.454.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0933/00H000 | Flanders | 3,635 m² | 1 · 798 m² | 26.0 m · 2 fl. |
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.
Similar companies · same sector, comparable size
ANGEL TEXTILE
BE 0533.732.404
Zaventem · Eq €8,484
Charlings
BE 1010.978.540
Bonheiden · Eq €8,067
Eurolabo
BE 0714.983.436
Lievegem · Eq €9,021
GLOBAL TRENDY
BE 0742.920.327
Anderlecht · Eq €9,343
KAZAN GROUP
BE 0880.035.765
Schaarbeek · Eq €7,337
Of 236 companies in sector 46419 we hold annual accounts for 130. 59 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 formPrivate limited company
Founded07-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46419Wholesale trade
46422Wholesale trade
46423Wholesale of clothing, excluding workwear and underwear
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.