TEXBAT
ActiveSummary
TEXBAT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €816. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+2
Solvency68▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.81 against 2.45 in 2024; short-term debt: 35% and cash: 0% of total assets), but 56.6% of the assets are financed with debt.
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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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
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
43.4%
Return on assets
0.9%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 18-05-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
15 d early
2023
4 d early
2022
28 d early
2021
22 d early
2020
31 d early
2019
25 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 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-10-2026 close31-05-2027 deadline
History
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€816
2024 · €-307
Working capital
€57k▼ 4.2%
2024 · €60k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5k▲ 95.3%€2k▼ 65.5%€2k▼ 8.1%€-101€1k
Net result€4k▲ 120%€1k▼ 69.1%€1k▼ 9.9%€-307€816
Equity€36k▲ 12.3%€38k▲ 3.4%€39k▲ 3.0%€38k▼ 0.8%€39k▲ 2.1%
Total assets€83k▲ 18.1%€83k=€99k▲ 19.9%€104k▲ 4.4%€90k▼ 12.8%
Debt€46k▲ 23.0%€45k▼ 2.7%€61k▲ 34.0%€65k▲ 7.7%€51k▼ 21.6%
Working capital€36k▲ 11.2%€37k▲ 2.3%€59k▲ 60.7%€60k▲ 2.1%€57k▼ 4.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €101 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€1k ▼ 47.6%
Current assets
€89k ▼ 12.0%
Equity and liabilities €90k
Equity
€39k ▲ 2.1%
Debt
€51k ▼ 21.6%
Debt's share of the balance-sheet total falls from 63.0% to 56.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▲
2024 · €1k
Cash flow
€2k▲
2024 · €1k
Current ratio
2.81▲
2024 · 2.45
Debt to equity
1.31▼
2024 · 1.70
ROE
2.1%▲
2024 · -0.8%
ROA
0.9%▲
2024 · -0.3%
Interest coverage
12.07▲
2024 · 6.84
Debt ≤ 1 year
€32k▼
2024 · €41k
Debt > 1 year
€20k▼
2024 · €24k
Income taxes
€256▲
2024 · €1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €347 | €642 | €2k | €2k | €1k | ▼ 25.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3k | - | - | - | - | - |
| Other operating charges640/8 | €496 | €149 | €656 | €528 | €515 | ▼ 2.4% |
| Gross operating margin9900 | €9k | €3k | €4k | €2k | €3k | ▲ 48.2% |
| Operating profit (loss)9901 | €5k | €2k | €2k | €-101 | €1k | ▲ 1,364% |
| Financial income75/76B | €9 | €0 | €8 | €7 | €0 | ▼ 95.5% |
| Recurring financial income75 | €9 | €0 | €8 | €7 | €0 | ▼ 95.5% |
| Financial charges65/66B | €135 | €134 | €168 | €213 | €201 | ▼ 5.6% |
| Recurring financial charges65 | €135 | €134 | €168 | €213 | €201 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | €5k | €2k | €1k | €-306 | €1k | ▲ 450% |
| Income taxes67/77 | €1k | €419 | €371 | €1 | €256 | ▲ 29,283% |
| Profit (loss) for the period9904 | €4k | €1k | €1k | €-307 | €816 | ▲ 366% |
| Profit (loss) for the period to be appropriated9905 | €4k | €1k | €1k | €-307 | €816 | ▲ 366% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83k | €83k | €99k | €104k | €90k | ▼ 12.8% |
| Fixed assets21/28 | €605 | €1k | €4k | €2k | €1k | ▼ 47.6% |
| Tangible fixed assets22/27 | €605 | €1k | €4k | €2k | €1k | ▼ 47.6% |
| Plant, machinery and equipment23 | €547 | €304 | €61 | - | - | - |
| Furniture and vehicles24 | €58 | €728 | €4k | €2k | €1k | ▼ 47.6% |
| Current assets29/58 | €82k | €82k | €95k | €101k | €89k | ▼ 12.0% |
| Amounts receivable within one year40/41 | €75k | €81k | €95k | €96k | €89k | ▼ 7.2% |
| Trade receivables40 | €72k | €81k | €94k | €93k | €87k | ▼ 5.8% |
| Other amounts receivable41 | €3k | €784 | €709 | €3k | €2k | ▼ 48.5% |
| Cash at bank and in hand54/58 | €6k | €49 | €359 | €5k | €28 | ▼ 99.5% |
| Deferred charges and accrued income490/1 | €528 | €334 | €93 | €250 | €165 | ▼ 33.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83k | €83k | €99k | €104k | €90k | ▼ 12.8% |
| Equity10/15 | €36k | €38k | €39k | €38k | €39k | ▲ 2.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | - | - | - | - | - |
| Other1109/19 | €19k | - | - | - | - | - |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €13k | €14k | €15k | €15k | €16k | ▲ 5.4% |
| Amounts payable17/49 | €46k | €45k | €61k | €65k | €51k | ▼ 21.6% |
| Amounts payable after more than one year17 | - | - | €24k | €24k | €20k | ▼ 18.8% |
| Financial debts170/4 | - | - | €24k | €24k | €20k | ▼ 18.8% |
| Amounts payable within one year42/48 | €46k | €45k | €37k | €41k | €32k | ▼ 23.2% |
| Trade debts44 | €31k | €28k | €31k | €32k | €25k | ▼ 21.6% |
| Suppliers440/4 | €31k | €28k | €31k | €32k | €25k | ▼ 21.6% |
| Taxes, remuneration and social security45 | €6k | €8k | €5k | €7k | €7k | ▲ 0.9% |
| Taxes450/3 | €1k | €569 | €843 | €326 | €938 | ▲ 187% |
| Remuneration and social security454/9 | €4k | €8k | €4k | €6k | €6k | ▼ 8.7% |
| Other amounts payable47/48 | €10k | €9k | €654 | €3k | €176 | ▼ 94.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €1k | €1k | €-307 | €816 | ▲ 366% |
| + Depreciation and write-downs630 | €347 | €642 | €2k | €2k | €1k | ▼ 25.9% |
| Operating cash flow (approximation) | €4k | €2k | €3k | €1k | €2k | ▲ 57.6% |
| Investment in fixed assets (approximation) | - | €-1k | €-5k | €0 | €0 | - |
| Change in cash | - | €-6k | €310 | €5k | €-5k | ▼ 207% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-10
Financial
Back to profitnet €816
Net result €816 after one loss-making year.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-10
Financial
Weakest financial yearnet €-307
Net result drops to €-307, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-10
Financial
Highest result since 2018net €4k ▲120%
Operating result €5k, net result €4k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 1 establishment unit since 2007
Ground area
195 m²
Building footprint
55 m²
Volume, LiDAR
394 m³
Parcel 21818A0003/00L014, Brussels · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Texbat
since 20072.163.252.131
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0003/00L014 | Brussels | 195 m² | 1 · 55 m² | 10.5 m · 3 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.
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 7,160 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-11-2006
Fiscal year end31-10
Activities, NACEBEL 2025
43320Joinery installation
43343Specialised construction activities
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.