TEXANEL
ActiveSummary
TEXANEL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.17M and a net result of €105k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 72% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+7
Solvency92▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity ample (current ratio 2.84 against 2.59 in 2024; short-term debt: 32.9% and cash: 10.1% of total assets), and 32.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.1%
Return on assets
1.7%
Age of the figures
12 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-02-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
on the day
2023
1 d early
2022
5 d early
2021
2 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€4.17M▲ 1.3%
2024 · €4.12M
2018: €4.51Mhighest in 8 years
2019: €4.27M▼ -5.1% vs 2018
2020: €4.27M● 0.0% vs 2019
2021: €4.24M▼ -0.8% vs 2020
2022: €4.33M▲ +2.1% vs 2021
2023: €4.38M▲ +1.2% vs 2022
2024: €4.12M▼ -6.1% vs 2023lowest in 8 years
2025: €4.17M▲ +1.3% vs 2024
2018 → 2025
Total assets
€6.22M▼ 1.5%
2024 · €6.31M
2018: €7.29M
2019: €7.25M▼ -0.5% vs 2018
2020: €7.48M▲ +3.2% vs 2019highest in 8 years
2021: €6.79M▼ -9.3% vs 2020
2022: €6.65M▼ -2.0% vs 2021
2023: €6.72M▲ +1.0% vs 2022
2024: €6.31M▼ -6.0% vs 2023
2025: €6.22M▼ -1.5% vs 2024lowest in 8 years
2018 → 2025
Net result
€105k
2024 · €-265k
2018: €-240k
2019: €-240k● -0.0% vs 2018
2020: €-193k▲ +19.5% vs 2019
2021: €158k▲ +182% vs 2020highest in 8 years
2022: €141k▼ -10.8% vs 2021
2023: €128k▼ -9.0% vs 2022
2024: €-265k▼ -307% vs 2023lowest in 8 years
2025: €105k▲ +140% vs 2024
2018 → 2025
Working capital
€3.77M▲ 8.0%
2024 · €3.49M
2018: €3.45M
2019: €3.42M▼ -0.7% vs 2018lowest in 8 years
2020: €4.31M▲ +26.0% vs 2019highest in 8 years
2021: €3.49M▼ -19.2% vs 2020
2022: €3.56M▲ +2.0% vs 2021
2023: €3.57M▲ +0.5% vs 2022
2024: €3.49M▼ -2.4% vs 2023
2025: €3.77M▲ +8.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.24M-€4.33M▲ 2.1%€4.38M▲ 1.2%€4.12M▼ 6.1%€4.17M▲ 1.3%
2021: €4.24M
2022: €4.33M▲ +2.1% vs 2021
2023: €4.38M▲ +1.2% vs 2022highest in 5 years
2024: €4.12M▼ -6.1% vs 2023lowest in 5 years
2025: €4.17M▲ +1.3% vs 2024
Operating result€178k-€150k▼ 15.7%€136k▼ 9.1%€-233k€95k
2021: €178khighest in 5 years
2022: €150k▼ -15.7% vs 2021
2023: €136k▼ -9.1% vs 2022
2024: €-233k▼ -271% vs 2023lowest in 5 years
2025: €95k▲ +141% vs 2024
Net result€158k-€141k▼ 10.8%€128k▼ 9.0%€-265k€105k
2021: €158khighest in 5 years
2022: €141k▼ -10.8% vs 2021
2023: €128k▼ -9.0% vs 2022
2024: €-265k▼ -307% vs 2023lowest in 5 years
2025: €105k▲ +140% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €95k after a loss of €233k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.22M
Fixed assets
€402k ▼ 35.9%
Current assets
€5.81M ▲ 2.3%
Equity and liabilities €6.22M
Equity
€4.17M ▲ 1.3%
Debt
€2.04M ▼ 6.9%
Debt's share of the balance-sheet total falls from 34.8% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€371k▲
2024 · €42k
Cash flow
€381k▲
2024 · €10k
Current ratio
2.84▲
2024 · 2.59
Quick ratio
0.60▼
2024 · 0.66
Debt to equity
0.49▼
2024 · 0.53
ROE
2.5%▲
2024 · -6.4%
ROA
1.7%▲
2024 · -4.2%
Interest coverage
151.71▲
2024 · 16.74
Debt ≤ 1 year
€2.04M▼
2024 · €2.20M
Income taxes
€-11k▼
2024 · €30k
Staff costs
€732k▲
2024 · €731k
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.31M€6.22M▼
Fixed assets21/28€628k€402k▼
Intangible fixed assets21€114k€55k▼
Tangible fixed assets22/27€511k€345k▼
Plant, machinery and equipment23€458k€340k▼
Furniture and vehicles24€53k€5k▼
Financial fixed assets28€2k€2k=
Current assets29/58€5.68M€5.81M▲
Stocks and contracts in progress3€4.23M€4.59M▲
Stocks30/36€4.23M€4.59M▲
Amounts receivable within one year40/41€1.06M€599k▼
Trade receivables40€1.06M€598k▼
Other amounts receivable41-€1k
Cash at bank and in hand54/58€394k€625k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€6.31M€6.22M▼
Equity10/15€4.12M€4.17M▲
Contributions10/11€674k€674k=
Capital10€674k€674k=
Issued capital100€674k€674k=
Reserves13€71k€71k=
Non-distributable reserves130/1€67k€67k=
Legal reserve130€67k€67k=
Tax-exempt reserves132€3k€3k=
Profit (loss) carried forward14€3.37M€3.43M▲
Amounts payable17/49€2.20M€2.04M▼
Amounts payable within one year42/48€2.20M€2.04M▼
Trade debts44€432k€404k▼
Suppliers440/4€432k€404k▼
Taxes, remuneration and social security45€151k€177k▲
Taxes450/3€87k€104k▲
Remuneration and social security454/9€65k€73k▲
Other amounts payable47/48€1.61M€1.46M▼
Income statement
Code20242025
Non-recurring operating income76A€4k€18k▲
Remuneration, social security and pensions62€731k€732k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€275k€276k▲
Other operating charges640/8€17k€13k▼
Non-recurring operating charges66A-€210
Gross operating margin9900€789k€1.12M▲
Operating profit (loss)9901€-233k€95k▲
Financial income75/76B€936€838▼
Recurring financial income75€936€838▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-235k€93k▲
Income taxes67/77€30k€-11k▼
Profit (loss) for the period9904€-265k€105k▲
Profit (loss) for the period to be appropriated9905€-265k€105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.37M€3.48M▲
Profit (loss) brought forward from the previous period14P€3.64M€3.37M▼
Profit to be distributed694/7-€50k
Directors or managers695-€50k
Social balance
Average headcount (FTE)908712.012.1▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €174 | €4k | €18k | ▲ 381% |
| Remuneration, social security and pensions62 | €508k | €606k | €665k | €731k | €732k | ▲ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €265k | €286k | €300k | €275k | €276k | ▲ 0.4% |
| Other operating charges640/8 | €16k | €13k | €16k | €17k | €13k | ▼ 19.5% |
| Non-recurring operating charges66A | - | - | €108k | - | €210 | - |
| Gross operating margin9900 | €967k | €1.06M | €1.23M | €789k | €1.12M | ▲ 41.6% |
| Operating profit (loss)9901 | €178k | €150k | €136k | €-233k | €95k | ▲ 141% |
| Financial income75/76B | €2k | €3 | €11k | €936 | €838 | ▼ 10.5% |
| Recurring financial income75 | €2k | €3 | €11k | €936 | €838 | ▼ 10.5% |
| Financial charges65/66B | €14k | €6k | €4k | €2k | €2k | ▼ 1.5% |
| Recurring financial charges65 | €14k | €6k | €4k | €2k | €2k | ▼ 1.5% |
| Profit (loss) for the period before taxes9903 | €166k | €144k | €143k | €-235k | €93k | ▲ 140% |
| Income taxes67/77 | €8k | €3k | €15k | €30k | €-11k | ▼ 138% |
| Profit (loss) for the period9904 | €158k | €141k | €128k | €-265k | €105k | ▲ 140% |
| Profit (loss) for the period to be appropriated9905 | €158k | €141k | €128k | €-265k | €105k | ▲ 140% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.79M | €6.65M | €6.72M | €6.31M | €6.22M | ▼ 1.5% |
| Fixed assets21/28 | €752k | €772k | €807k | €628k | €402k | ▼ 35.9% |
| Intangible fixed assets21 | €202k | €162k | €166k | €114k | €55k | ▼ 52.0% |
| Tangible fixed assets22/27 | €546k | €607k | €639k | €511k | €345k | ▼ 32.5% |
| Plant, machinery and equipment23 | €415k | €494k | €487k | €458k | €340k | ▼ 25.8% |
| Furniture and vehicles24 | €131k | €113k | €152k | €53k | €5k | ▼ 90.4% |
| Financial fixed assets28 | €3k | €3k | €2k | €2k | €2k | = |
| Current assets29/58 | €6.03M | €5.88M | €5.91M | €5.68M | €5.81M | ▲ 2.3% |
| Stocks and contracts in progress3 | €4.33M | €4.26M | €4.48M | €4.23M | €4.59M | ▲ 8.5% |
| Stocks30/36 | €4.33M | €4.26M | €4.48M | €4.23M | €4.59M | ▲ 8.5% |
| Amounts receivable within one year40/41 | €1.15M | €1.13M | €961k | €1.06M | €599k | ▼ 43.7% |
| Trade receivables40 | €1.10M | €1.13M | €954k | €1.06M | €598k | ▼ 43.8% |
| Other amounts receivable41 | €44k | €7k | €7k | - | €1k | - |
| Cash at bank and in hand54/58 | €555k | €490k | €471k | €394k | €625k | ▲ 58.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.79M | €6.65M | €6.72M | €6.31M | €6.22M | ▼ 1.5% |
| Equity10/15 | €4.24M | €4.33M | €4.38M | €4.12M | €4.17M | ▲ 1.3% |
| Contributions10/11 | €674k | €674k | €674k | €674k | €674k | = |
| Capital10 | - | €674k | €674k | €674k | €674k | = |
| Issued capital100 | - | €674k | €674k | €674k | €674k | = |
| Reserves13 | €71k | €71k | €71k | €71k | €71k | = |
| Non-distributable reserves130/1 | €67k | €67k | €67k | €67k | €67k | = |
| Legal reserve130 | - | €67k | €67k | €67k | €67k | = |
| Other1319 | €67k | - | - | - | - | - |
| Tax-exempt reserves132 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €3.49M | €3.58M | €3.64M | €3.37M | €3.43M | ▲ 1.6% |
| Amounts payable17/49 | €2.55M | €2.32M | €2.33M | €2.20M | €2.04M | ▼ 6.9% |
| Amounts payable within one year42/48 | €2.55M | €2.32M | €2.33M | €2.20M | €2.04M | ▼ 6.9% |
| Current portion of amounts payable after more than one year42 | €253k | - | - | - | - | - |
| Trade debts44 | €559k | €550k | €622k | €432k | €404k | ▼ 6.5% |
| Suppliers440/4 | €559k | €550k | €622k | €432k | €404k | ▼ 6.5% |
| Taxes, remuneration and social security45 | €107k | €99k | €80k | €151k | €177k | ▲ 17.3% |
| Taxes450/3 | €70k | €50k | €49k | €87k | €104k | ▲ 20.3% |
| Remuneration and social security454/9 | €37k | €49k | €32k | €65k | €73k | ▲ 13.2% |
| Other amounts payable47/48 | €1.63M | €1.67M | €1.63M | €1.61M | €1.46M | ▼ 9.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €158k | €141k | €128k | €-265k | €105k | ▲ 140% |
| + Depreciation and write-downs630 | €265k | €286k | €300k | €275k | €276k | ▲ 0.4% |
| Operating cash flow (approximation) | €423k | €427k | €428k | €10k | €381k | ▲ 3,813% |
| Investment in fixed assets (approximation) | - | €-307k | €-335k | €-96k | €-50k | ▲ 47.3% |
| Change in cash | - | €-65k | €-19k | €-77k | €232k | ▲ 400% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €105k
Net result €105k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €-265k
Net result drops to €-265k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €158k
Net result €158k after 3 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
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.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Sint-Niklaas · 1 establishment unit since 1990
Ground area
3,347 m²
Building footprint
1,086 m²
Volume, LiDAR
4,606 m³
Parcel 46445D1709/00R000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TEXANEL
since 19902.050.671.555
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1709/00R000 | Flanders | 3,347 m² | 1 · 1,086 m² | 6.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
2023 · 1 entry · 7,500 EUR awarded · 7,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 7,500 EUR | 7,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
967600SGSMWV7AM3N235
Similar companies · same sector, comparable size
A.R.W.
BE 0439.676.155
Brussel · Eq €4.18M
ACTUEL TRADING
BE 0434.634.729
Nieuwpoort · Eq €4.15M
DBI Benelux
BE 0400.541.308
Machelen (Brab.) · Eq €4.26M
TEX ALLIANCE
BE 0475.485.090
Sint-Agatha-Berchem · Eq €3.91M
NATALE
BE 0473.798.280
Antwerpen · Eq €3.89M
Of 1,308 companies in sector 46423 we hold annual accounts for 810. 262 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-09-1990
Fiscal year end30-09
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
Scores and ratios are computed by Checked and are not a credit decision.