TEX MEX
ActiveTEX MEX has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €-24k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 86% of 13044 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-1
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.22 against 2.61 in 2024), and 26.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
49 d late
2022
4 d early
2021
31 d late
2020
32 d late
2019
52 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▼ 15.7%
2024 · €150k
2018: €118k
2019: €145k
2020: €158k
2021: €197k
2022: €187k
2023: €177k
2024: €150k
2018 → 2025
Total assets
€171k▼ 26.2%
2024 · €232k
2018: €158k
2019: €265k
2020: €238k
2021: €299k
2022: €298k
2023: €252k
2024: €232k
2018 → 2025
Net result
€-24k
2024 · €234
2018: €37k
2019: €27k
2020: €14k
2021: €38k
2022: €13k
2023: €-10k
2024: €234
2018 → 2025
Working capital
€57k▼ 35.6%
2024 · €89k
2018: €97k
2019: €88k
2020: €98k
2021: €111k
2022: €118k
2023: €108k
2024: €89k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€197k-€187k▼ 4.8%€177k▼ 5.5%€150k▼ 15.2%€126k▼ 15.7%
Operating result€44k-€17k▼ 62.0%€-8k€3k€-25k
Net result€38k-€13k▼ 66.2%€-10k€234€-24k
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 2025: a loss of €25k after €3k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171k
Fixed assets
€88k=
Current assets
€83k▼ 42.3%
Equity and liabilities €171k
Equity
€126k▼ 15.7%
Debt
€45k▼ 45.4%
The debt ratio falls from 35.3% to 26.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-25k▼
2024 · €19k
Cash flow
€-24k▼
2024 · €17k
Solvency
73.9%▲
2024 · 64.7%
Current ratio
3.22▲
2024 · 2.61
Quick ratio
3.13▲
2024 · 2.55
Debt / equity
0.35▼
2024 · 0.55
ROE
-18.6%▼
2024 · 0.2%
ROA
-13.7%▼
2024 · 0.1%
Interest coverage
-8.10▼
2024 · 7.05
Debt
€45k▼
2024 · €82k
Debt ≤ 1 year
€26k▼
2024 · €55k
Debt > 1 year
€19k▼
2024 · €27k
Staff costs
€31k▼
2024 · €36k
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€232k€171k▼
Fixed assets21/28€88k€88k=
Tangible fixed assets22/27€84k€84k=
Land and buildings22€52k€52k=
Plant, machinery and equipment23€30k€30k▲
Furniture and vehicles24€2k€2k=
Financial fixed assets28€4k€4k=
Current assets29/58€144k€83k▼
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€4k€287▼
Trade receivables40€3k€287▼
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€136k€79k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€232k€171k▼
Equity10/15€150k€126k▼
Contributions10/11€31k€31k=
Reserves13€91k€95k▲
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Tax-exempt reserves132€23k€23k=
Distributable reserves133€65k€72k▲
Profit (loss) carried forward14€28k€0▼
Amounts payable17/49€82k€45k▼
Amounts payable after more than one year17€27k€19k▼
Financial debts170/4€27k€19k▼
Amounts payable within one year42/48€55k€26k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€15k€14k▼
Suppliers440/4€15k€14k▼
Advances received on contracts in progress46€60€74▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3-€453
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€28k€907▼
Income statement
Code20242025
Remuneration, social security and pensions62€36k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€0▼
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A-€102
Gross operating margin9900€60k€8k▼
Operating profit (loss)9901€3k€-25k▼
Financial income75/76B€28€5k▲
Recurring financial income75€28€5k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€234€-24k▼
Profit (loss) for the period9904€234€-24k▼
Profit (loss) for the period to be appropriated9905€234€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€5k▼
Profit (loss) brought forward from the previous period14P€28k€28k▲
Transfer from equity791/2€27k-
Transfer to equity691/2-€5k
To other reserves6921-€5k
Profit to be distributed694/7€27k-
Return on contributions (dividend)694€27k-
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-24k ▼10161%
Net result drops to €-24k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €234
Net result €234 after one loss-making year.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €38k ▲182%
Net result €38k, the highest in the series.
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 5.60
Current ratio from 2.62 to 5.60; short-term debt falls from €54k to €21k.
31-12
Financial
Equity above €150kEq €158k ▲9.4%
3 profitable years in a row build equity to €158k.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostende · 1 establishment unit since 1997
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.
Monacoplein 78400 OostendeGround area
280 m²
Building footprint
290 m²
Volume, LiDAR
5,479 m³
Parcel 35013A1596/00A028, Flanders · tallest building 28.5 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
TEX MEX
since 19972.083.552.971
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1596/00A028 | Flanders | 280 m² | 1 · 290 m² | 28.5 m · 8 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.083.552.971
Similar companies · same sector, comparable size
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BE 0457.426.066
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LA CIVIERE D'OR
BE 0426.507.911
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Leroe
BE 0536.993.879
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BAVAC
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TABLES LIER
BE 0898.846.738
Ranst · Eq €126k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-1997
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.