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TEXKON

Active
Private limited companyfounded 2005active for 21 yearsWaterstraat 59, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0873.157.673
Summary

TEXKON has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,908) and a net result of -€3,738. Equity has been shrinking by about 43% per year since 2018. Its solvency ranks better than 18% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 13-04-2005 Normal situation
Activity
Wholesale of clothing, excluding workwear and underwear NACE 46423and 2 others
Establishment unit
2.147.820.520 8710 Wielsbeke, since 27-06-2005
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
-€3,104
Loss
€3,738
Equity
-€8,908
▼ 72.3%
Total assets
€155,536
▲ 41×
Staff
≈ 0 FTE
estimated
  • Negative equity on 31-12-2025
Turnover not published (micro format)
Filed on 30-07-2026, 1 day before the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€8,908lowers riskSize: total assets €155,536Liquidity: current ratio 0.74, cash €121,536Founded in 2005Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 25% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 19+19
equity -5.7% of total assets
Liquidity 50=
short-term debt 105.7% · cash 78.1%
Profitability 31-69
return on assets -2.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.8 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026lowest value 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.74, below 1. Short-term debt is 105.7% and cash 78.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 15% of them on solvency, 51% on liquidity, 27% on profitability and 7% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€8,908
NBB · annual accounts
lowers risk · Size: total assets €155,536
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.74, cash €121,536
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€8,908
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
27 days late
2023
19 days late
2022
12 days early
2021
11 days early
2020
8 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€8,908 View
  • Caution: Less equity than 84% of companies in wholesale tradesector median €56,539 · 13,746 companies -€8,908 View
  • Board changedlatest change 30-06-2026 · 4 in office 2 joined · 1 left View

Recent changes

  1. · Gazette deed Resignation: HILDE MONIQUE VAN D'HUYNSLAGER (director)Related document
  2. · Gazette deed Appointments: STIJN ARSEEN VLAEMINCK (director) and PIETER ARSEEN VLAEMINCK (director)
  3. · Gazette deed Changes of role: Vlaeminck Geert (statutory director) and Van D’huynslager Hilde (director)
All 18 events

Comparable companies

These companies have the same main activity as TEXKON: wholesale of clothing, excluding workwear and underwear (NACE 46423). They are comparable in size and age: total assets between €114,000 and €235,000, founded between 2000 and 2009.

CompanyTotal assetsGross margin
TEXKON Wielsbeke€155,536-€3,104
CHRIVERO Zottegem€123,116-€44,023
DOMINIQUE ANDRIES Kapellen€214,043-€3,615
SA-NI FASHION Nijlen€114,449-€2,495
TALIEN Zele€134,770-€25,824
HOEILANDSE WOUDEN Hoeilaart€213,984-€5,228
TRENDSPORT Erpe-Mere€235,258-€2,627
Full comparison

Key facts about TEXKON

What is the company number of TEXKON?
The company number of TEXKON is 0873.157.673. The VAT number is the same number with BE in front: BE 0873.157.673.
Where is TEXKON based?
The registered office is at Waterstraat 59, 8710 Wielsbeke.Company details
What does TEXKON do?
According to the KBO register, the main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423).
What is the legal form of TEXKON?
The legal form of TEXKON is Private limited company (BV).
When was TEXKON founded?
TEXKON was founded on 13-04-2005.
Is TEXKON still active?
Yes, TEXKON is an active enterprise in the KBO register.
What is the turnover of TEXKON?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is TEXKON profitable?
In financial year 2025, TEXKON made a loss of €3,738.
Where can I find the annual accounts of TEXKON?
TEXKON filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TEXKON due?
TEXKON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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