Soieries Elite
ActiveSoieries Elite has been active since 1932 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €240k and a net result of €-42k. Equity is shrinking by ~19% per year across the filed fiscal years. Its solvency ranks better than 23% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▲+30
Solvency47▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 2.55 in 2024; short-term debt: 36.9% and cash: 7.3% of total assets), but 78% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-42k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 174 sector peers (2025).
NBB · sector comparisonPosition among 174 sector peers
Solvency
better than 23%
← 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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
100 d early
2023
93 d early
2022
105 d early
2021
100 d early
2020
67 d early
2019
105 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€240k▼ 14.8%
2024 · €282k
2018: €967k
2019: €949k
2020: €778k
2021: €573k
2022: €496k
2023: €533k
2024: €282k
2018 → 2025
Total assets
€1.09M▼ 2.8%
2024 · €1.12M
2018: €1.30M
2019: €1.31M
2020: €1.15M
2021: €1.06M
2022: €1.07M
2023: €1.06M
2024: €1.12M
2018 → 2025
Net result
€-42k▲ 79.2%
2024 · €-201k
2018: €95k
2019: €-18k
2020: €-171k
2021: €-204k
2022: €-78k
2023: €38k
2024: €-201k
2018 → 2025
Working capital
€540k▼ 2.3%
2024 · €552k
2018: €837k
2019: €824k
2020: €639k
2021: €561k
2022: €408k
2023: €507k
2024: €552k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€573k-€496k▼ 13.6%€533k▲ 7.6%€282k▼ 47.2%€240k▼ 14.8%
Operating result€-202k-€-73k▲ 63.7%€45k€-184k€-19k▲ 89.9%
Net result€-204k-€-78k▲ 61.9%€38k€-201k€-42k▲ 79.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €184k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€136k▼ 30.5%
Current assets
€941k▲ 3.6%
Equity and liabilities €1.09M
Equity
€240k▼ 14.8%
Debt
€850k▲ 1.2%
The debt ratio rises from 74.9% to 78.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€48k▲
2024 · €-119k
Cash flow
€25k▲
2024 · €-136k
Solvency
22.0%▼
2024 · 25.1%
Current ratio
2.34▼
2024 · 2.55
Quick ratio
0.59▼
2024 · 0.71
Debt / equity
3.54▲
2024 · 2.98
ROE
-17.4%▲
2024 · -71.2%
ROA
-3.8%▲
2024 · -17.9%
Interest coverage
1.90▲
2024 · -6.14
Debt
€850k▲
2024 · €840k
Debt ≤ 1 year
€402k▲
2024 · €356k
Debt > 1 year
€437k▼
2024 · €465k
Income taxes
€170▼
2024 · €219
Staff costs
€620k▼
2024 · €677k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.12M€1.09M▼
Formation expenses20€17k€12k▼
Fixed assets21/28€196k€136k▼
Intangible fixed assets21€2k€3k▲
Tangible fixed assets22/27€194k€133k▼
Land and buildings22€0-
Plant, machinery and equipment23€173k€118k▼
Leasing and similar rights25€7k€3k▼
Other tangible fixed assets26€14k€11k▼
Current assets29/58€909k€941k▲
Stocks and contracts in progress3€657k€704k▲
Stocks30/36€657k€704k▲
Amounts receivable within one year40/41€208k€149k▼
Trade receivables40€204k€149k▼
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€31k€80k▲
Deferred charges and accrued income490/1€13k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.09M▼
Equity10/15€282k€240k▼
Contributions10/11€78k€78k=
Capital10€78k€78k=
Issued capital100€78k€78k=
Reserves13€203k€161k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€86k€86k=
Distributable reserves133€109k€67k▼
Amounts payable17/49€840k€850k▲
Amounts payable after more than one year17€465k€437k▼
Financial debts170/4€215k€187k▼
Other amounts payable178/9€250k€250k=
Amounts payable within one year42/48€356k€402k▲
Current portion of amounts payable after more than one year42€42k€20k▼
Financial debts43€14k€12k▼
Credit institutions430/8€14k€12k▼
Trade debts44€184k€194k▲
Suppliers440/4€184k€194k▲
Taxes, remuneration and social security45€80k€146k▲
Taxes450/3€22k€27k▲
Remuneration and social security454/9€57k€119k▲
Other amounts payable47/48€37k€30k▼
Accrued charges and deferred income492/3€18k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€677k€620k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€67k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-73k€0▲
Other operating charges640/8€27k€27k▼
Operating charges capitalised as restructuring costs649€0-
Non-recurring operating charges66A€22k€0▼
Gross operating margin9900€534k€696k▲
Operating profit (loss)9901€-184k€-19k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€19k€25k▲
Recurring financial charges65€19k€25k▲
Profit (loss) for the period before taxes9903€-200k€-42k▲
Income taxes67/77€219€170▼
Profit (loss) for the period9904€-201k€-42k▲
Profit (loss) for the period to be appropriated9905€-201k€-42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-201k€-42k▲
Transfer from equity791/2€201k€42k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)908719.017.0▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €38k
Net result €38k after 4 loss-making years.
31-12
Financial
Equity above €500kEq €533k ▲7.6%
Equity rises from €496k to €533k.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-204k
Net result drops to €-204k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 acts for this company are 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, Brakel · 1 establishment unit since 1932
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.
Stationsstraat 549660 BrakelGround area
4,661 m²
Building footprint
3,986 m²
Volume, LiDAR
24,769 m³
Parcel 45028A0508/00Y003, Flanders · tallest building 16.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stationsstraat 54, 9660 Brakel
since 19322.009.686.976
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45028A0508/00Y003 | Flanders | 4,661 m² | 1 · 3,986 m² | 16.3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 142,920 EUR awarded · 86,999 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 76,374 EUR | 20,453 EUR |
| 2024 | 2 | 2,850 EUR | 2,850 EUR |
| 2023 | 2 | 60,288 EUR | 60,288 EUR |
| 2022 | 3 | 3,408 EUR | 3,408 EUR |
Schemes
Ontwikkelingsproject
Subsidies voor internationaal ondernemen
Energiesteun 2 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 755 companies in sector 13300 we hold annual accounts for 160. 115 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-06-1932
Fiscal year end31-12
Activities, NACEBEL
13300Finishing of textiles
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesGeneral meetings
1 convocationOrdinary general meeting
Agenda
1. Jaarverslag. 2. Verslag van de Raad van Bestuur en Commissaris. 3. Goedkeuring van de jaarrekening op 31 december 2011. 4. Bestemming van het resultaat. 5. Kwijting van bestuurders en commissaris. 6. Statutaire benoemingen. 7. Varia. Zich richten naar de statuten. (AOPC11200353/05.03) (7995) Gerechtelijke akten en uittreksels uit vonnissen Actes judiciaires et extraits de jugements Bekendmaking gedaan overeenkomstig artikel 488bis e, § 1 van het Burgerlijk Wetboek Publication faite en exécution de l’article 488bis e, § 1er du Code civil Aanstelling voorlopig bewindvoerder Désignation d’administrateur provisoire Vredegerecht van het tweede kanton Aalst Bij vonnis van de vrederechter van he ...