TEX DEVELOPMENT

Active Public limited companyfounded 2008active for 18 yearsLouizalaan 221, 1050 BrusselsKBO/BCE: BE 0806.294.682 subsidiary of K FINANCE COORDINATION & SERVICES

TEX DEVELOPMENT

Financial year 2025

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Annual accounts 2025

full format, filed on 16-06-2026, 45 days before the deadline

€12.3m

▼ 30.6%

€104,871

▼ 67.9%

45.0%

▲ 3.8 percentage points

1.82

▲ 0.12

Money flows

of every €100 of turnover, €0.26 remains as profit in 2025

Balance sheet

balance sheet total €5.2m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

45.0%

Higher than 50% of 6,192 companies in 2025.

1.82

Higher than 52% of 6,112 companies in 2025.

0.6%

Higher than 30% of 6,176 companies in 2025.

TEX DEVELOPMENT Middle half of the sector 80% of the sector Full accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

Men and women100% women

Not in that year's accounts.

€102,624

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
`20/58`	5.2m	5.6m	6.6m	7.3m	7.6m	10.0m	6.3m	7.4m	6.9m	6.7m	8.4m	8.0m	11.0m	7.0m	6.4m	9.0m	4.9m
`29/58`	5.2m	5.6m	6.6m	7.3m	7.6m	10.0m	6.3m	7.4m	6.9m	6.7m	8.4m	8.0m	11.0m	7.0m	6.4m	9.0m	4.9m
`3`	123,760	582,655	2.1m	5,457	51,312	1.9m	655	71,718	-	-	5,585	47,620	238,958	222,387	160,673	43,547	83,075
`30/36`	123,760	582,655	2.1m	5,457	51,312	1.9m	655	71,718	-	-	5,585	47,620	238,958	222,387	160,673	43,547	83,075
`34`	123,760	582,655	2.1m	5,457	51,312	1.9m	655	71,718	-	-	5,585	47,620	238,958	222,387	160,673	43,547	83,075
`40/41`	4.3m	4.4m	4.2m	6.5m	7.2m	5.4m	5.5m	6.8m	6.3m	6.2m	7.5m	6.8m	9.8m	6.2m	6.0m	8.7m	4.6m
`40`	3.8m	4.2m	3.6m	5.5m	6.8m	5.1m	4.8m	6.0m	5.7m	5.9m	7.0m	6.5m	9.6m	6.0m	5.6m	8.0m	4.2m
`41`	474,194	215,417	568,887	1.0m	483,105	308,870	680,056	851,323	614,222	285,596	518,340	293,178	242,254	199,605	347,529	678,855	390,301
`54/58`	740,135	535,122	234,143	682,236	275,217	2.7m	861,647	544,888	544,959	565,148	875,141	1.2m	932,992	566,021	298,214	214,294	237,394
`490/1`	-	22,000	42,000	42,375	22,438	-	-	90	367	-	-	-	250	10	210	315	117
Balance sheet: equity and liabilities
`10/49`	5.2m	5.6m	6.6m	7.3m	7.6m	10.0m	6.3m	7.4m	6.9m	6.7m	8.4m	8.0m	11.0m	7.0m	6.4m	9.0m	4.9m
`10/15`	2.3m	2.3m	2.0m	1.8m	1.8m	1.5m	1.4m	1.4m	1.3m	1.2m	1.2m	993,011	664,122	509,757	362,721	213,373	110,744
`10/11`	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000
`10`	63,000	63,000	63,000	63,000	63,000	-	-	-	-	-	-	-	-	-	-	-	-
`100`	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000	63,000
`13`	334,680	334,680	334,680	334,680	250,480	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300
`130/1`	6,300	6,300	6,300	6,300	6,300	6,300	-	-	-	-	-	-	-	-	-	-	-
`130`	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300	6,300
`132`	-	244,180	328,380	328,380	244,180	-	-	-	-	-	-	-	-	-	-	-	-
`133`	328,380	84,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`14`	1.9m	1.9m	1.6m	1.4m	1.5m	1.4m	1.4m	1.3m	1.2m	1.2m	1.1m	923,711	594,822	440,457	293,421	144,073	41,444
`17/49`	2.8m	3.3m	4.6m	5.5m	5.8m	8.5m	4.9m	6.0m	5.5m	5.5m	7.2m	7.0m	10.3m	6.5m	6.1m	8.7m	4.8m
`42/48`	2.8m	3.3m	4.4m	5.5m	5.8m	8.2m	4.9m	6.0m	5.5m	5.5m	7.2m	7.0m	10.3m	6.5m	6.1m	8.7m	4.8m
`44`	2.6m	3.1m	4.2m	5.3m	5.6m	8.0m	4.8m	5.9m	5.5m	5.4m	7.1m	6.9m	10.3m	6.5m	6.1m	8.7m	4.8m
`440/4`	2.6m	3.1m	4.2m	5.3m	5.6m	8.0m	4.8m	5.9m	5.5m	5.4m	7.1m	6.9m	10.3m	6.5m	6.1m	8.7m	4.8m
`441`	-	-	-	-	-	-	-	9,936	-	10,852	4,349	4,772	-	-	-	-	-
`45`	205,806	143,651	162,312	175,381	166,272	186,501	110,772	118,393	46,319	50,166	59,619	92,754	34,884	25,111	3,134	354	329
`450/3`	189,766	136,672	139,650	131,024	140,613	147,332	87,228	93,035	38,474	44,387	41,755	79,202	28,958	25,111	3,134	354	329
`454/9`	16,040	6,979	22,661	44,357	25,659	39,169	23,544	25,358	7,845	5,779	17,864	13,552	5,927	-	-	-	-
`47/48`	-	3,994	2,539	-	64,028	-	-	-	-	-	-	-	-	-	-	-	-
`492/3`	-	-	217,547	-	-	330,269	224	249	5,244	358	364	1,639	3,124	5,755	241	5,822	122
Income statement
`70/76A`	12.3m	17.7m	16.1m	24.8m	24.5m	19.9m	16.3m	18.9m	19.4m	19.1m	23.1m	23.2m	23.9m	14.9m	20.6m	26.7m	9.4m
`70`	12.3m	17.7m	16.0m	24.8m	24.5m	19.9m	16.3m	18.9m	19.4m	19.1m	23.1m	23.2m	23.9m	14.9m	20.6m	26.7m	9.4m
`74`	5,941	1,653	3,026	6,680	26,877	-	-	-	-	-	-	-	-	-	-	-	-
`60/66A`	12.2m	17.3m	15.8m	24.7m	24.1m	19.9m	16.2m	18.8m	19.3m	19.0m	22.8m	22.7m	23.7m	14.7m	20.4m	26.5m	9.3m
`60`	11.5m	16.6m	14.9m	23.5m	23.0m	18.9m	15.2m	17.7m	18.4m	18.0m	21.7m	21.7m	22.6m	14.1m	19.4m	25.7m	9.0m
`600/8`	11.0m	15.1m	17.0m	23.5m	21.1m	20.8m	15.1m	17.8m	18.4m	18.0m	21.7m	21.6m	22.6m	14.1m	19.6m	25.7m	9.1m
`609`	458,895	1.5m	-2.1m	45,855	1.9m	-1.9m	71,064	-71,718	-	5,585	42,035	191,338	-16,571	-61,713	-117,127	39,528	-83,075
`61`	490,700	538,818	509,300	790,864	750,156	657,269	645,766	854,204	860,280	900,153	923,778	814,224	968,263	673,791	851,298	803,537	293,178
`62`	184,724	154,954	372,131	393,152	358,584	372,572	334,655	261,061	95,217	122,140	162,388	120,236	60,698	-	-	-	-
`630`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,556
`631/4`	-	-9,158	-477	2,385	-18,989	-155	17,698	8,307	84	-4,073	-10,857	-15,007	17,791	-63,075	63,346	6,564	5,616
`640/8`	2,673	4,683	2,725	5,248	46,233	14,027	15,266	2,357	2,146	11,597	2,565	2,102	2,283	924	959	89	89
`66A`	-	-	-	-	-	654	-	-	-	-	-	-	-	-	-	-	-
`9901`	104,871	326,318	238,605	103,099	393,979	16,371	71,800	115,723	122,307	106,937	314,468	563,667	255,231	252,380	216,675	171,854	90,858
`75/76B`	37,832	103,499	33,303	105,353	101,004	121,669	17,137	29,311	54,241	73,356	31,277	25,069	32,988	56,347	155,348	99,829	33,762
`75`	37,832	103,499	33,303	105,353	101,004	121,669	17,137	29,311	54,241	73,356	31,277	25,069	32,988	56,347	155,348	99,829	33,762
`751`	620	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`752/9`	37,212	103,499	33,303	105,353	101,004	121,669	17,137	29,311	54,241	73,356	31,277	25,069	32,988	56,347	155,348	99,829	33,762
`65/66B`	67,725	40,152	61,074	155,969	77,146	90,917	26,055	35,643	59,238	82,627	71,284	95,602	59,266	91,537	149,489	118,857	54,020
`65`	67,725	40,152	61,074	155,969	77,146	90,579	26,055	35,643	59,238	82,627	71,284	95,602	59,266	91,537	149,489	118,857	54,020
`650`	54	-	-	928	-	-	-	-	-	-	-	-	-	-	183	-	-
`652/9`	67,671	40,152	61,074	155,040	77,146	90,579	26,055	35,643	59,238	82,627	71,284	95,602	59,266	91,537	149,307	118,857	54,020
`66B`	-	-	-	-	-	338	-	-	-	-	-	-	-	-	-	-	-
`9903`	74,978	389,664	210,834	52,483	417,836	47,123	62,882	109,391	117,310	97,666	274,461	493,134	228,953	217,190	222,534	152,825	70,600
`67/77`	43,203	80,615	27,359	15,989	107,122	16,133	25,124	35,677	41,949	31,169	90,714	164,246	74,587	70,154	73,185	50,196	22,856
`670/3`	43,203	88,009	32,228	16,185	107,122	16,269	25,124	35,677	60,000	31,169	90,714	164,246	74,587	70,154	73,185	50,357	22,856
`77`	-	7,394	4,870	197	-	137	-	0	18,051	-	-	-	-	-	-	161	-
`9904`	31,775	309,050	183,475	36,495	310,715	30,991	37,758	73,715	75,361	66,497	183,747	328,889	154,366	147,035	149,348	102,629	47,744
`789`	244,180	84,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	244,180	84,200	-	84,200	244,180	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	31,775	309,050	183,475	-47,705	66,535	30,991	37,758	73,715	75,361	66,497	183,747	328,889	154,366	147,035	149,348	102,629	47,744
Appropriation of the result
`9906`	1.9m	1.9m	1.6m	1.4m	1.5m	1.4m	1.4m	1.3m	1.2m	1.2m	1.1m	923,711	594,822	440,457	293,421	144,073	47,744
`14P`	1.9m	1.6m	1.4m	1.5m	1.4m	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,300
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,300
`694/7`	-	3,994	2,539	-	6,028	-	-	-	-	-	-	-	-	-	-	-	-
`696`	-	3,994	2,539	-	6,028	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	1.8	1.9	4.3	4	5.4	5.3	4.1	4.2	2	2.3	3	3	1.3	-	-	-	-
Men (FTE)`1003`	-	0	1.3	1	1	1	1	0.4	-	0.7	1	1	-	-	-	-	-
Women (FTE)`1003`	1.8	1.9	3	3	4.4	4.3	3.1	3.8	2	1.6	2	2	1.3	-	-	-	-
Agency workers`1501`	-	-	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-
Hours worked`1013`	2,758	2,291	6,249	6,400	7,441	7,910	6,931	6,907	3,236	3,484	4,832	3,751	2,172	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 25 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	16-06-2026	2026-00174162	PDF
31-12-2024	full format	19-06-2025	2025-00159840	PDF
31-12-2023	full format	07-06-2024	2024-00119398	PDF
31-12-2022	full format	29-06-2023	2023-00183014	PDF
31-12-2021	full format	30-06-2022	2022-20149306	PDF
31-12-2020	full format	29-06-2021	2021-29200171	PDF
31-12-2019	full format	09-06-2020	2020-16000042	PDF
31-12-2018	full format	04-06-2019	2019-16000058	PDF
31-12-2017	full format	14-06-2018	2018-18700287	PDF
31-12-2016	full format	04-05-2017	2017-11300550	PDF
31-12-2015	full format	12-05-2016	2016-12300454	PDF
31-12-2014	full format	12-05-2015	2015-11900584	PDF
31-12-2013	full format	12-05-2014	2014-12100443	PDF
31-12-2012	full format	27-05-2013	2013-13300366	PDF
31-12-2011	full format	10-05-2012	2012-11300555	PDF
31-12-2010	full format	16-05-2011	2011-11900098	PDF
31-12-2009	full format	21-05-2010	2010-12600367	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92,414
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,300
205,013	300,980	-448,094	407,020	-2.4m	1.8m	316,759	-72	-20,189	-309,993	-281,941	224,089	366,971	267,807	83,920	-23,100	-
2.3m	2.3m	2.2m	1.8m	1.8m	1.8m	1.4m	1.4m	1.3m	1.2m	1.2m	994,651	667,246	515,511	362,962	219,195	110,865
0.9%	1.8%	1.5%	0.4%	1.6%	0.1%	0.4%	0.6%	0.6%	0.6%	1.4%	2.4%	1.1%	1.7%	1.1%	0.6%	1.0%
45.0%	41.2%	30.3%	24.8%	23.3%	14.7%	22.6%	18.7%	19.2%	18.5%	14.1%	12.4%	6.0%	7.3%	5.6%	2.4%	2.3%
1.82	1.70	1.51	1.33	1.30	1.22	1.29	1.23	1.24	1.23	1.16	1.14	1.06	1.08	1.06	1.03	1.02
1.77	1.52	1.02	1.33	1.29	0.98	1.29	1.22	1.24	1.23	1.16	1.14	1.04	1.05	1.03	1.02	1.01
1.22	1.43	2.31	3.03	3.30	5.82	3.42	4.35	4.20	4.41	6.12	7.04	15.54	12.76	16.71	40.97	43.31
1.4%	13.5%	9.3%	2.0%	17.6%	2.1%	2.6%	5.3%	5.7%	5.3%	15.6%	33.1%	23.2%	28.8%	41.2%	48.1%	43.1%
0.6%	5.6%	2.8%	0.5%	4.1%	0.3%	0.6%	1.0%	1.1%	1.0%	2.2%	4.1%	1.4%	2.1%	2.3%	1.1%	1.0%
114 days	87 days	82 days	81 days	101 days	93 days	107 days	115 days	107 days	112 days	110 days	102 days	146 days	147 days	100 days	110 days	163 days
80 days	66 days	99 days	79 days	86 days	149 days	110 days	117 days	104 days	105 days	115 days	112 days	159 days	160 days	109 days	120 days	189 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	2	2	2	4	4
full-time	1	1	2	4	4
part-time	1	1	-	-	-
in full-time equivalents	1.8	1.8	2	4	4
	1.8	1.9	4.3	4	5.4
On a permanent contract	2	2	2	4	4
Joined	-	-	1	-	0
Left	-	-	3	-	2

Source: social balance sheet in the 2021 to 2025 annual accounts

Auditor

fees

Item	2025	2024	2023	2022	2021
Fee for the audit	€5,150	€4,975	€4,800	€4,325	€4,125

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on TEX DEVELOPMENT

The operating result for 2025 is 68% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 58.8% to 55.0%. Equity is higher and debt is lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency45.0%

Current ratio1.82

Return on assets0.6%

Staff

Men and women100% women

Staff cost per FTE€102,624

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Auditor

Insights on TEX DEVELOPMENT

Next steps

in €m

in euro

45.0%

1.82

0.6%

€102,624