TEXTANK
ActiveSummary
TEXTANK has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency69▲+14
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.05 in 2024; short-term debt: 51.7% and cash: 14.6% of total assets), but 56.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
43.5%
Return on assets
23.1%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
68 d late
2023
61 d late
2022
60 d late
2021
59 d late
2020
60 d late
2019
96 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▲ 113%
2024 · €5k
2018: €11k
2019: €-7k
2020: €-7k
2021: €-5k
2022: €-14k
2023: €-4k
2024: €5k
2018 → 2025
Total assets
€26k▲ 45.1%
2024 · €18k
2018: €35k
2019: €21k
2020: €20k
2021: €20k
2022: €10k
2023: €15k
2024: €18k
2018 → 2025
Net result
€6k▼ 37.6%
2024 · €10k
2018: €18k
2019: €-18k
2020: €-397
2021: €2k
2022: €-10k
2023: €10k
2024: €10k
2018 → 2025
Working capital
€9k▲ 1,426%
2024 · €599
2018: €8k
2019: €-16k
2020: €-13k
2021: €-10k
2022: €-18k
2023: €-7k
2024: €599
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€-14k▼ 207%€-4k▲ 69.2%€5k€12k▲ 113%
Operating result€3k-€-9k€11k€12k▲ 14.9%€10k▼ 17.1%
Net result€2k-€-10k€10k€10k▼ 0.6%€6k▼ 37.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets
€4k ▼ 25.7%
Current assets
€23k ▲ 71.1%
Equity and liabilities €26k
Equity
€12k ▲ 113%
Debt
€15k ▲ 16.5%
Debt's share of the balance-sheet total falls from 70.3% to 56.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▼
2024 · €13k
Cash flow
€7k▼
2024 · €11k
Current ratio
1.67▲
2024 · 1.05
Debt to equity
1.30▼
2024 · 2.37
ROE
53.0%▼
2024 · 180.9%
ROA
23.1%▼
2024 · 53.7%
Interest coverage
60.44▲
2024 · 31.81
Debt ≤ 1 year
€14k▲
2024 · €13k
Income taxes
€4k▲
2024 · €2k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18k€26k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€186€13▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€90€90=
Current assets29/58€13k€23k▲
Amounts receivable within one year40/41€798€15k▲
Trade receivables40€0€14k▲
Other amounts receivable41€798€407▼
Cash at bank and in hand54/58€10k€4k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€18k€26k▲
Equity10/15€5k€12k▲
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-55k€-48k▲
Amounts payable17/49€13k€15k▲
Amounts payable within one year42/48€13k€14k▲
Financial debts43€259€0▼
Other loans439€259€0▼
Trade debts44€311€85▼
Suppliers440/4€311€85▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€350€700▲
Other amounts payable47/48€10k€11k▲
Accrued charges and deferred income492/3€85€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€15k€13k▼
Operating profit (loss)9901€12k€10k▼
Financial income75/76B€221€1▼
Recurring financial income75€221€1▼
Financial charges65/66B€422€189▼
Recurring financial charges65€422€189▼
Profit (loss) for the period before taxes9903€12k€10k▼
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€10k€6k▼
Profit (loss) for the period to be appropriated9905€10k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-48k▲
Profit (loss) brought forward from the previous period14P€-64k€-55k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
31-12
Financial
Weakest financial yearnet €-18k ▼198%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Houtlei 1329000 GentGround area
396 m²
Building footprint
174 m²
Volume, LiDAR
1,726 m³
Parcel 44815F1887/00A000, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Oude Houtlei 132, 9000 Gent
since 20022.114.344.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1887/00A000 | Flanders | 396 m² | 1 · 174 m² | 14.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0688.968.234
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Lallemand - Dadssi
BE 0884.589.025
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LA FRIPERIE
BE 0669.527.553
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NEW ERA CAP BELGIUM
BE 1010.742.869
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Of 1,275 companies in sector 46160 we hold annual accounts for 685. 383 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:actavia@textank.eu
Phone:09/329.60.06