Texcel Solutions
ActiveSummary
Texcel Solutions has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133 and a net result of €64k. Equity is growing by ~50.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+99
Solvency25▲+25
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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 2025Solvency, return and age of the figures
Solvency
0%
Return on assets
23.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
73 d early
2024
63 d late
2023
296 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€133
2024 · €-64k
2023: €-46k
2024: €-64k▼ -37.5% vs 2023lowest in 3 years
2025: €133▲ +100% vs 2024highest in 3 years
2023 → 2025
Total assets
€268k▲ 175%
2024 · €97k
2023: €114k
2024: €97k▼ -14.6% vs 2023lowest in 3 years
2025: €268k▲ +175% vs 2024highest in 3 years
2023 → 2025
Net result
€64k
2024 · €-17k
2023: €-48klowest in 3 years
2024: €-17k▲ +64.1% vs 2023
2025: €64k▲ +468% vs 2024highest in 3 years
2023 → 2025
Working capital
€-5k▲ 93.1%
2024 · €-70k
2023: €-53k
2024: €-70k▼ -33.9% vs 2023lowest in 3 years
2025: €-5k▲ +93.1% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-46k-€-64k▼ 37.5%€133
2023: €-46k
2024: €-64k▼ -37.5% vs 2023lowest in 3 years
2025: €133▲ +100% vs 2024highest in 3 years
Operating result€-48k-€-17k▲ 65.5%€66k
2023: €-48klowest in 3 years
2024: €-17k▲ +65.5% vs 2023
2025: €66k▲ +496% vs 2024highest in 3 years
Net result€-48k-€-17k▲ 64.1%€64k
2023: €-48klowest in 3 years
2024: €-17k▲ +64.1% vs 2023
2025: €64k▲ +468% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €66k after a loss of €17k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268k
Fixed assets
€5k ▼ 23.4%
Current assets
€263k ▲ 190%
Equity and liabilities €268k
Equity
€133
Debt
€267k
Debt finances 100.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€68k▲
2024 · €-15k
Cash flow
€66k▲
2024 · €-16k
Current ratio
0.98▲
2024 · 0.56
ROA
23.9%▲
2024 · -17.9%
Interest coverage
294.98▲
2024 · -18.46
Debt ≤ 1 year
€267k▲
2024 · €161k
Income taxes
€2k
Staff costs
€84k▲
2024 · €6k
Equity ratios withheld: equity of €133 is too small for a meaningful ratio.
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€97k€268k▲
Fixed assets21/28€7k€5k▼
Intangible fixed assets21€1k€750▼
Tangible fixed assets22/27€2k€2k▲
Furniture and vehicles24€2k€2k▲
Financial fixed assets28€4k€2k▼
Current assets29/58€91k€263k▲
Amounts receivable within one year40/41€34k€153k▲
Trade receivables40€31k€149k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€44k€92k▲
Deferred charges and accrued income490/1€13k€18k▲
Equity and liabilities
Total equity and liabilities10/49€97k€268k▲
Equity10/15€-64k€133▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-66k€-2k▲
Amounts payable17/49€161k€267k▲
Amounts payable within one year42/48€161k€267k▲
Financial debts43-€78
Credit institutions430/8-€78
Trade debts44€51k€87k▲
Suppliers440/4€51k€87k▲
Taxes, remuneration and social security45€73€17k▲
Taxes450/3-€7k
Remuneration and social security454/9€73€10k▲
Other amounts payable47/48€110k€163k▲
Income statement
Code20242025
Remuneration, social security and pensions62€6k€84k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€480€1k▲
Gross operating margin9900€-8k€153k▲
Operating profit (loss)9901€-17k€66k▲
Financial income75/76B€1€153▲
Recurring financial income75€1€153▲
Financial charges65/66B€799€229▼
Recurring financial charges65€799€229▼
Profit (loss) for the period before taxes9903€-17k€66k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-17k€64k▲
Profit (loss) for the period to be appropriated9905€-17k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-2k▲
Profit (loss) brought forward from the previous period14P€-48k€-66k▼
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 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6k | €84k | ▲ 1,354% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | ▲ 5.6% |
| Other operating charges640/8 | €348 | €480 | €1k | ▲ 144% |
| Gross operating margin9900 | €-46k | €-8k | €153k | ▲ 1,898% |
| Operating profit (loss)9901 | €-48k | €-17k | €66k | ▲ 496% |
| Financial income75/76B | - | €1 | €153 | ▲ 15,200% |
| Recurring financial income75 | - | €1 | €153 | ▲ 15,200% |
| Financial charges65/66B | €268 | €799 | €229 | ▼ 71.3% |
| Recurring financial charges65 | €268 | €799 | €229 | ▼ 71.3% |
| Profit (loss) for the period before taxes9903 | €-48k | €-17k | €66k | ▲ 477% |
| Income taxes67/77 | - | - | €2k | - |
| Profit (loss) for the period9904 | €-48k | €-17k | €64k | ▲ 468% |
| Profit (loss) for the period to be appropriated9905 | €-48k | €-17k | €64k | ▲ 468% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €114k | €97k | €268k | ▲ 175% |
| Fixed assets21/28 | €6k | €7k | €5k | ▼ 23.4% |
| Intangible fixed assets21 | €2k | €1k | €750 | ▼ 38.9% |
| Tangible fixed assets22/27 | €3k | €2k | €2k | ▲ 21.9% |
| Furniture and vehicles24 | €3k | €2k | €2k | ▲ 21.9% |
| Financial fixed assets28 | €1k | €4k | €2k | ▼ 38.4% |
| Current assets29/58 | €108k | €91k | €263k | ▲ 190% |
| Amounts receivable within one year40/41 | €470 | €34k | €153k | ▲ 348% |
| Trade receivables40 | €470 | €31k | €149k | ▲ 375% |
| Other amounts receivable41 | - | €3k | €3k | ▲ 23.9% |
| Cash at bank and in hand54/58 | €94k | €44k | €92k | ▲ 110% |
| Deferred charges and accrued income490/1 | €13k | €13k | €18k | ▲ 38.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €114k | €97k | €268k | ▲ 175% |
| Equity10/15 | €-46k | €-64k | €133 | ▲ 100% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-48k | €-66k | €-2k | ▲ 97.2% |
| Amounts payable17/49 | €160k | €161k | €267k | ▲ 66.1% |
| Amounts payable within one year42/48 | €160k | €161k | €267k | ▲ 66.1% |
| Financial debts43 | - | - | €78 | - |
| Credit institutions430/8 | - | - | €78 | - |
| Trade debts44 | €19k | €51k | €87k | ▲ 71.5% |
| Suppliers440/4 | €19k | €51k | €87k | ▲ 71.5% |
| Taxes, remuneration and social security45 | €2k | €73 | €17k | ▲ 22,725% |
| Taxes450/3 | €2k | - | €7k | - |
| Remuneration and social security454/9 | - | €73 | €10k | ▲ 13,547% |
| Other amounts payable47/48 | €139k | €110k | €163k | ▲ 48.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-48k | €-17k | €64k | ▲ 468% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | ▲ 5.6% |
| Operating cash flow (approximation) | €-47k | €-16k | €66k | ▲ 523% |
| Investment in fixed assets (approximation) | - | €-2k | €-404 | ▲ 82.2% |
| Change in cash | - | €-50k | €48k | ▲ 196% |
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
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €64k
Net result €64k after 2 loss-making years.
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 296 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 2022
Ground area
4,628 m²
Parcel 21805E0110/02_000, Brussels. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
Wetstraat 81 A, 1040 Brussel
since 20222.333.699.640
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0110/02_000indicative | Brussels | 4,628 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 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 29,993 companies in sector 62200 we hold annual accounts for 18,396. 277 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
Founded19-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
63910Web portal activities
Contact
Website
www.texcel.be
E-mail
samia@texcel.beBrussel
Scores and ratios are computed by Checked and are not a credit decision.