TEXATH
ActiveSummary
The computed 12-month bankruptcy probability of TEXATH is 2.9% (moderate). The 2026 annual accounts show equity of €122k and a net result of €89k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 46% of 128 sector peers (fiscal year 2026). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
Axes · tick = 2025
Profitability94▲+19
Solvency53▲+2
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 1.02 in 2025; short-term debt: 46.5% and cash: 31.1% of total assets), and 72.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2026Solvency, return and age of the figures
Solvency
27.7%
Return on assets
20.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 01-09-2026, 1 day 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 · 4 filingsDeviation from the deadline
2026
1 d late
2025
17 d late
2024
20 d late
2023
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€89k▲ 309%
2025 · €22k
2023: €50k
2024: €45k▼ -9.9% vs 2023
2025: €22k▼ -51.6% vs 2024lowest in 4 years
2026: €89k▲ +309% vs 2025highest in 4 years
2023 → 2026
Working capital
€1k▼ 60.9%
2025 · €3k
2023: €58khighest in 4 years
2024: €21k▼ -64.7% vs 2023
2025: €3k▼ -83.8% vs 2024
2026: €1k▼ -60.9% vs 2025lowest in 4 years
2023 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2023202420252026Trend
Equity€112k-€112k▼ 0.1%€113k▲ 1.5%€122k▲ 7.6%
2023: €112k
2024: €112k▼ -0.1% vs 2023lowest in 4 years
2025: €113k▲ +1.5% vs 2024
2026: €122k▲ +7.6% vs 2025highest in 4 years
Operating result€56k-€54k▼ 3.7%€29k▼ 47.0%€97k▲ 240%
2023: €56k
2024: €54k▼ -3.7% vs 2023
2025: €29k▼ -47.0% vs 2024lowest in 4 years
2026: €97k▲ +240% vs 2025highest in 4 years
Net result€50k-€45k▼ 9.9%€22k▼ 51.6%€89k▲ 309%
2023: €50k
2024: €45k▼ -9.9% vs 2023
2025: €22k▼ -51.6% vs 2024lowest in 4 years
2026: €89k▲ +309% vs 2025highest in 4 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 240% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €440k
Fixed assets
€234k ▼ 18.4%
Current assets
€206k ▲ 32.1%
Equity and liabilities €440k
Equity
€122k ▲ 7.6%
Debt
€318k ▼ 3.5%
Debt's share of the balance-sheet total falls from 74.4% to 72.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€157k▲
2025 · €85k
Cash flow
€148k▲
2025 · €78k
Current ratio
1.01▼
2025 · 1.02
Quick ratio
0.96▲
2025 · 0.95
Debt to equity
2.61▼
2025 · 2.91
ROE
72.7%▲
2025 · 19.1%
ROA
20.1%▲
2025 · 4.9%
Interest coverage
26.58▲
2025 · 13.34
Debt ≤ 1 year
€204k▲
2025 · €152k
Debt > 1 year
€112k▼
2025 · €161k
Income taxes
€3k▲
2025 · €762
Staff costs
€276k▼
2025 · €315k
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 · 2026 against 2025 · 61 lines
Balance sheet
Code20252026
Assets
Total assets20/58€443k€440k▼
Formation expenses20€469€173▼
Fixed assets21/28€287k€234k▼
Intangible fixed assets21€15k€7k▼
Tangible fixed assets22/27€271k€225k▼
Plant, machinery and equipment23€214k€188k▼
Furniture and vehicles24€43k€28k▼
Leasing and similar rights25€14k€8k▼
Financial fixed assets28-€2k
Current assets29/58€156k€206k▲
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Amounts receivable within one year40/41€39k€56k▲
Trade receivables40€5k€20k▲
Other amounts receivable41€34k€36k▲
Cash at bank and in hand54/58€93k€137k▲
Deferred charges and accrued income490/1€12k€5k▼
Equity and liabilities
Total equity and liabilities10/49€443k€440k▼
Equity10/15€113k€122k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€56k▲
Non-distributable reserves130/1€6k€6k▲
Legal reserve130€6k€6k▲
Distributable reserves133-€50k
Profit (loss) carried forward14€46k€4k▼
Amounts payable17/49€329k€318k▼
Amounts payable after more than one year17€161k€112k▼
Financial debts170/4€161k€112k▼
Amounts payable within one year42/48€152k€204k▲
Current portion of amounts payable after more than one year42€53k€50k▼
Trade debts44€43k€30k▼
Suppliers440/4€43k€30k▼
Advances received on contracts in progress46-€9k
Taxes, remuneration and social security45€32k€28k▼
Taxes450/3€4k€7k▲
Remuneration and social security454/9€28k€21k▼
Other amounts payable47/48€25k€88k▲
Accrued charges and deferred income492/3€16k€2k▼
Income statement
Code20252026
Remuneration, social security and pensions62€315k€276k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€59k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€402k€434k▲
Operating profit (loss)9901€29k€97k▲
Financial income75/76B€171€54▼
Recurring financial income75€171€54▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€22k€92k▲
Income taxes67/77€762€3k▲
Profit (loss) for the period9904€22k€89k▲
Profit (loss) for the period to be appropriated9905€22k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€134k▲
Profit (loss) brought forward from the previous period14P€45k€46k▲
Transfer to equity691/2€1k€50k▲
To the legal reserve6920€1k€384▼
To other reserves6921-€50k
Profit to be distributed694/7€20k€80k▲
Directors or managers695€20k€80k▲
Social balance
Average headcount (FTE)90879.79.4▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €194k | €257k | €315k | €276k | ▼ 12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35k | €50k | €57k | €59k | ▲ 4.5% |
| Other operating charges640/8 | €2k | €1k | €2k | €1k | ▼ 36.9% |
| Gross operating margin9900 | €288k | €363k | €402k | €434k | ▲ 7.9% |
| Operating profit (loss)9901 | €56k | €54k | €29k | €97k | ▲ 240% |
| Financial income75/76B | - | - | €171 | €54 | ▼ 68.2% |
| Recurring financial income75 | - | - | €171 | €54 | ▼ 68.2% |
| Financial charges65/66B | €6k | €8k | €6k | €6k | ▼ 7.9% |
| Recurring financial charges65 | €6k | €8k | €6k | €6k | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | €50k | €46k | €22k | €92k | ▲ 308% |
| Income taxes67/77 | - | €2k | €762 | €3k | ▲ 294% |
| Profit (loss) for the period9904 | €50k | €45k | €22k | €89k | ▲ 309% |
| Profit (loss) for the period to be appropriated9905 | €50k | €45k | €22k | €89k | ▲ 309% |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €498k | €522k | €443k | €440k | ▼ 0.7% |
| Formation expenses20 | €1k | €765 | €469 | €173 | ▼ 63.2% |
| Fixed assets21/28 | €339k | €311k | €287k | €234k | ▼ 18.4% |
| Intangible fixed assets21 | €11k | €8k | €15k | €7k | ▼ 52.5% |
| Tangible fixed assets22/27 | €328k | €303k | €271k | €225k | ▼ 17.0% |
| Plant, machinery and equipment23 | €253k | €239k | €214k | €188k | ▼ 11.8% |
| Furniture and vehicles24 | €49k | €43k | €43k | €28k | ▼ 34.6% |
| Leasing and similar rights25 | €26k | €20k | €14k | €8k | ▼ 41.2% |
| Financial fixed assets28 | - | - | - | €2k | - |
| Current assets29/58 | €158k | €210k | €156k | €206k | ▲ 32.1% |
| Stocks and contracts in progress3 | €9k | €11k | €11k | €9k | ▼ 24.6% |
| Stocks30/36 | €9k | €11k | €11k | €9k | ▼ 24.6% |
| Amounts receivable within one year40/41 | €18k | €40k | €39k | €56k | ▲ 42.8% |
| Trade receivables40 | €2k | €15k | €5k | €20k | ▲ 285% |
| Other amounts receivable41 | €16k | €25k | €34k | €36k | ▲ 6.1% |
| Cash at bank and in hand54/58 | €129k | €153k | €93k | €137k | ▲ 47.4% |
| Deferred charges and accrued income490/1 | €3k | €7k | €12k | €5k | ▼ 63.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €498k | €522k | €443k | €440k | ▼ 0.7% |
| Equity10/15 | €112k | €112k | €113k | €122k | ▲ 7.6% |
| Contributions10/11 | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | = |
| Reserves13 | €2k | €5k | €6k | €56k | ▲ 866% |
| Non-distributable reserves130/1 | €2k | €5k | €6k | €6k | ▲ 6.6% |
| Legal reserve130 | €2k | €5k | €6k | €6k | ▲ 6.6% |
| Distributable reserves133 | - | - | - | €50k | - |
| Profit (loss) carried forward14 | €47k | €45k | €46k | €4k | ▼ 91.8% |
| Amounts payable17/49 | €387k | €410k | €329k | €318k | ▼ 3.5% |
| Amounts payable after more than one year17 | €267k | €215k | €161k | €112k | ▼ 30.7% |
| Financial debts170/4 | €267k | €215k | €161k | €112k | ▼ 30.7% |
| Amounts payable within one year42/48 | €100k | €190k | €152k | €204k | ▲ 34.1% |
| Current portion of amounts payable after more than one year42 | €51k | €52k | €53k | €50k | ▼ 6.7% |
| Trade debts44 | €29k | €63k | €43k | €30k | ▼ 29.7% |
| Suppliers440/4 | €29k | €63k | €43k | €30k | ▼ 29.7% |
| Advances received on contracts in progress46 | - | - | - | €9k | - |
| Taxes, remuneration and social security45 | €19k | €28k | €32k | €28k | ▼ 12.4% |
| Taxes450/3 | - | - | €4k | €7k | ▲ 70.2% |
| Remuneration and social security454/9 | €19k | €28k | €28k | €21k | ▼ 24.5% |
| Other amounts payable47/48 | €997 | €46k | €25k | €88k | ▲ 253% |
| Accrued charges and deferred income492/3 | €20k | €6k | €16k | €2k | ▼ 89.1% |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €45k | €22k | €89k | ▲ 309% |
| + Depreciation and write-downs630 | €35k | €50k | €57k | €59k | ▲ 4.5% |
| Operating cash flow (approximation) | €85k | €95k | €78k | €148k | ▲ 88.5% |
| Investment in fixed assets (approximation) | - | €-22k | €-33k | €-7k | ▲ 79.5% |
| Change in cash | - | €24k | €-60k | €44k | ▲ 173% |
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 2027, expected by
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema · 1 day late
31-01
Financial
Highest result since 2023net €89k ▲309%
Operating result €97k, net result €89k, both a record.
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 17 days late
31-01
Financial
Weakest financial yearnet €22k ▼51.6%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lasne · 1 establishment unit since 2022
Ground area
1,830 m²
Building footprint
165 m²
Volume, LiDAR
1,431 m³
2 parcels, Wallonia · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
TEXATH
since 20222.331.304.928
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25087C0462/00N000 | Wallonia | 1,519 m² | 1 · 113 m² | 9.5 m · 3 fl. |
| 51004D0311/00M000 | Wallonia | 311 m² | 1 · 53 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 siteAth2.331.304.928
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,558 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
Founded23-08-2021
Fiscal year end31-01
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.