Losses
-€1.8m in five years
Every financial year from 2021 to 2025 closed with a loss. 2023 was the heaviest.
Texprofin
Lifetime
5 annual accounts with figures on one time axispeak -€79,790 (2025)
-€79,790▲ €32,601
lowest -€537,040 (2023)
-€388,815unchanged
peak €2.2m (2025)
€2.2m▲ 2.6%
€695,597▲ 168%
peak 4 FTE (2025)
4 FTE▲ 21.2%
Board11 names since 2020
8 directorsPRO-ACT and 7 others
Owners5 names in the annual accounts
15.85%PRO-ACT and 2 others
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
Gross margin from -€112,391 to -€79,790Loss of €388,815Staff from 3.3 FTE to 4 FTECapital increase of €499,102.97 to €3,226,240.73 29-12Debts from €259,751 to €695,597Investments €222,416
Key points
from the 2025 annual accountsDebts
€695,597 ▲ 168%
Debts rose by €435,846 in 2025.
Investments
€221,855 2.3 × depreciation
Green is investment, beige is depreciation.
Staff
4 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
At the same address
16 companies
Position in the sector
-€388,815
Lower net result than 87% of companies in machinery and equipment. Sector median €150,798 · 384 companies.
Checked score
86
Excellent
Financially stronger than 56% of micro companies in machinery and equipment (NACE 28)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 980 companies (NACE 28, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.6%
01-2025: 5.5%▼ -0.1 percentage points vs 12-2024
02-2025: 5.5%● unchanged vs 01-2025
03-2025: 5.5%● unchanged vs 02-2025
04-2025: 5.8%▲ +0.3 percentage points vs 03-2025
05-2025: 5.8%● unchanged vs 04-2025
06-2025: 6.0%▲ +0.2 percentage points vs 05-2025
07-2025: 6.2%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 1.1%▼ -5.1 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 0.5%▼ -0.6 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.6%▲ +0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.7%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Loss of €388,815, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 4.04, cash €670,730
Figures for financial year 2025 (filed on 15-07-2026)
Equity €2.2m (75.7% of total assets)
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 28, micro). It does better than 89% of them on solvency, 78% on liquidity, 10% on profitability and 46% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as Texprofin has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Texprofin itself is lower: 0.3% within 12 months. It rests on far more data about Texprofin than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for Texprofin. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.04 (4.31 in 2024), above the usual 1.5. Short-term debt is 12% and cash 23.4% of total assets. 24.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 15-07-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 days early
2024
23 days early
2023
36 days early
2022
31 days early
2021
12 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 24 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% 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 8 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
SD
Sociedad de Inversiones El Roble Limitada
Director, Daly Cousiño,Cristian Andrés, since 07-06-2024
- PRO-ACT 15.85%score 94equity €274,617 (2025) · 2025 annual accounts of PRO-ACT
- YVD Consultancy 15.85%score 88equity €158,674 (2025) · 2025 annual accounts of YVD Consultancy
- LDL GROUP HOLDING 12.36%equity €1.6m (2025) · 30-06-2025 annual accounts of LDL GROUP HOLDING
Recent changes
New director
BV SEQUENS HOLDING appointed, NV LDL GROUP HOLDING resigned · Permanent representative: Johan Stuyven · Director discharge: NV LDL GROUP HOLDING (director (not named in the articles)) · General meeting of 02-02-2026 · Gazette deed
Capital increase of €499,102.97 to €3,226,240.73
Capital from €2,727,137.76 to €3,226,240.73 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0741901134
2 directors appointed, 5 reappointments
Capital from €2,026,655.76 to €2,727,137.76, 428 new shares · Capital from €1,726,655.76 to €2,026,655.76, 183 new shares · Reappointments: PRO-ACT, YVD CONSULTANCY, Hadefis, LDL GROUP HOLDING and Cokelaere Engineering · General meeting of 07-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Texprofin Waregem | - | - | 75.7% | 4 |
| RheaVita Ghent | €0.3m | - | 82.6% | 4.4 |
| Ecospenser Trading Merelbeke-Melle | - | - | -12.4% | 1.6 |
| BOTRONICS Nivelles | - | - | 66.3% | - |
| GWP Antwerp | - | - | -54.8% | - |
| DERPATECH Nivelles | €4.3m | 2.2% | 45.1% | 20.9 |
| MAGNETS FOR EMULSIONS Oostkamp | - | - | -64.5% | - |
These companies have the same main activity as Texprofin: manufacture of machinery and equipment not elsewhere classified (NACE 28990). They are comparable in size and age: total assets between €393,000 and €8.4m, founded between 2004 and 2022.
Official details
Source: KBO- Status
- Active since 22-01-2020Normal situation
- Registered office
- 18 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28990and 3 others
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment unit
- 2.299.040.8478791 Waregem, since 22-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 17-06-2025
Annual accounts 2025
- €2.9m▲ 20.7%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Companies linked to Texprofin
Shareholders
- MATTHYS11.85%
Insights on Texprofin
Solvency fell in 2025 from 89.1% to 75.7% because of the loss and higher long-term debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Texprofin
- What is the company number of Texprofin?
- The company number of Texprofin is 0741.901.134. The VAT number is the same number with BE in front: BE 0741.901.134.
- Where is Texprofin based?
- The registered office is at Kortrijkseweg 361, 8791 Waregem.Company details
- What does Texprofin do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28990).
- What is the legal form of Texprofin?
- Texprofin is a public limited company (NV).
- When was Texprofin founded?
- Texprofin was founded on 22-01-2020.
- Is Texprofin still active?
- Yes, Texprofin is an active enterprise in the KBO register.
- How many employees does Texprofin have?
- Texprofin had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Texprofin fall under?
- In its 2025 annual accounts, Texprofin states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of Texprofin?
- The annual accounts for financial year 2025 state no turnover.
- Is Texprofin profitable?
- In financial year 2025, Texprofin made a loss of €388,815.
- Where can I find the annual accounts of Texprofin?
- Texprofin filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Texprofin due?
- Texprofin must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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