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Softtex Sleep Innovations

Active
Private limited companyfounded 2023active for 2 yearsDesselgem-Dries 42, 8792 Waregem, BelgiumKBO/BCE: BE 1002.028.608
Summary

The computed 12-month bankruptcy probability of Softtex Sleep Innovations is 3.7% (moderate). The 2025 annual accounts show negative equity (-€183,332) and a net result of -€170,051. Its solvency ranks better than 11% of 13,639 sector peers (NACE 46, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in the wholesale of furniture, household goods and hardware
NACE 46150Wholesale trade NACE 46471
1 site
Size
€339,548total assets 2025
Staff
0.6 FTE
Equity
-€183,332
Loss
-€170,051
Turnover not published (micro format)
Financial health
46 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.7%
Structure
  • BEDUCADirector · permanent representative DUCATTEEUW Ben Frans
2025 accounts filed 83 days late
Why 46raises riskLast filed accounts filed 83 days late; 1 of the last 3 lateLoss of €170,051, the second in a row (financial year 2025)Negative equity -€183,332lowers riskSize: total assets €339,548Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 0-22
equity -54.0% of total assets
Liquidity 9-6
short-term debt 134.6% · cash 7.5%
Profitability 0-9
return on assets -50.1%
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,883 companies, NACE 46, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.7%▲ +0.1 percentage points vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 2.1%▲ +0.4 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.4%▲ +0.3 percentage points vs 04-2025 06-2025: 2.6%▲ +0.2 percentage points vs 05-2025 07-2025: 2.7%▲ +0.1 percentage points vs 06-2025 08-2025: 2.6%▼ -0.1 percentage points vs 07-2025 09-2025: 1.3%▼ -1.3 percentage points vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025lowest value 11-2025: 1.4%▲ +0.1 percentage points vs 10-2025 12-2025: 1.3%▼ -0.1 percentage points vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 1.8%▲ +0.4 percentage points vs 07-2026 09-2026: 2.1%▲ +0.3 percentage points vs 08-2026 10-2026: 3.7%▲ +1.6 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.29, compared with 0.78 in 2024, below 1; short-term debt: 134.6% and cash: 7.5% of total assets), and equity is negative.
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 46, micro): better than 6% on solvency, 11% on liquidity, 6% on profitability and 1% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 83 days late; 1 of the last 3 late
NBB · filings
raises risk · Loss of €170,051, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €339,548
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€183,332
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€183,332
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
raises risk · 2025 accounts filed 83 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-10-2026, 83 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
83 days late
2024
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 51 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Amendment of the articles · NameCapital increase · Name change…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€183,332 View
  • Caution: Result fell in 2025from -€33,281 to -€170,051 ▼ 411% View
  • Caution: Among the weakest 5% on net resultsector median €5,648 · 13,645 companies -€170,051 View
  • Caution: Latest accounts filed lateafter the legal deadline 83 days View

By topic

Financials

Financial year
2025
Total assets
€339,548
Loss
-€170,051
Solvency
-54.0%
Total assets▼ 16.7%
Net result
20242025
Go to Financials

Timeline

Events
4
Since
2023
Next accounts
by 31-07-2027
  1. 09-11-2023Incorporation
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in the wholesale of furniture, household goods…NACE 46150
Founded
07-11-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Who signs
Each director alone
Annual meeting
Last Friday of June at 15:00
Purpose
“Het importeren en exporteren van grondstoffen nodig voor de fabricatie van…” (deed in Dutch)
Go to Articles of association

Key facts about Softtex Sleep Innovations

What is the company number of Softtex Sleep Innovations?
1002.028.608. In Belgium the VAT number is the company number with BE in front: BE 1002.028.608.
Where is Softtex Sleep Innovations based?
The registered office is at Desselgem-Dries 42, 8792 Waregem.Company details
What does Softtex Sleep Innovations do?
According to the KBO register, the main activity is agents in the wholesale of furniture, household goods and hardware (NACE 46150).
What is the legal form of Softtex Sleep Innovations?
Private limited company (BV).
When was Softtex Sleep Innovations founded?
On 07-11-2023.
Is Softtex Sleep Innovations still active?
Yes, Softtex Sleep Innovations is an active enterprise in the KBO register.
How many employees does Softtex Sleep Innovations have?
On average 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Softtex Sleep Innovations?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Softtex Sleep Innovations profitable?
In financial year 2025, Softtex Sleep Innovations made a loss of €170,051.
Where can I find the annual accounts of Softtex Sleep Innovations?
Softtex Sleep Innovations filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Softtex Sleep Innovations due?
By 31-07-2027, for financial year 2026.Timeline

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