Skip to content

TEXTILE - DIFFUSION

Active
Private limited companyfounded 1990active for 36 yearsGroeselenbergstraat 128, 1180 Ukkel, BelgiumKBO/BCE: BE 0440.064.848
Summary

TEXTILE - DIFFUSION has been active since 1990 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€9,922) and a net result of -€12,622. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Activity not known1 site
Size
€179,459total assets 2025
Equity
-€9,922
Loss
-€12,622
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts 9 days early0 of 6 deeds read
Why 53raises riskCapped at 59: negative equityLoss of €12,622, the second in a row (financial year 2025)Negative equity -€9,922lowers riskSize: total assets €179,459Founded in 1990Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 19-8
equity -5.5% of total assets
Liquidity 1+1
short-term debt 105.5% · cash 1.1%
Profitability 48+20
return on assets -7.0%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.8 percentage points vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.5 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.02, compared with 0.01 in 2024; short-term debt: 105.5% and cash: 1.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 13% on solvency, 5% on liquidity, 35% on profitability and 1% on growth.

The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €179,459
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €12,622, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€9,922
NBB · annual accounts
lowers risk · Founded in 1990
How long the company has existed counts in the probability; how much depends on the rest of its 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 -€9,922
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
25 days late
2023
41 days early
2022
21 days late
2021
52 days late
2020
40 days early
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 5 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal
Searched, nothing found (1)
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 21 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, abbreviated format

Turnover
€12,000
EBIT margin
21.4%
Net result
-€12,622▼ 2,651%
2024 · -€459
Working capital
-€186,172▼ 45.6%
2024 · -€127,836
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €11,080 after €970 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€11,080 2025 Net result-€12,622 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€12,000-
Operating result€2,571--€2,351€7,008-€3,033-€2,186▲ 27.9%€499€970▲ 94.2%-€11,080
Net result€1,027--€16,749€5,121-€3,990-€3,502▲ 12.2%-€988▲ 71.8%-€459▲ 53.6%-€12,622▼ 2,651%
EBIT margin21.4%-
Equity€23,267-€6,518▼ 72.0%€11,640▲ 78.6%€7,650▼ 34.3%€4,147▼ 45.8%€3,159▼ 23.8%€2,700▼ 14.5%-€9,922
Total assets€142,596-€137,391▼ 3.7%€132,186▼ 3.8%€126,981▼ 3.9%€121,776▼ 4.1%€129,169▲ 6.1%€131,491▲ 1.8%€179,459▲ 36.5%
Debt€119,329-€130,873▲ 9.7%€120,546▼ 7.9%€119,331▼ 1.0%€117,629▼ 1.4%€126,010▲ 7.1%€128,791▲ 2.2%€189,380▲ 47.0%
Working capital-€122,964-€127,836▼ 4.0%-€186,172▼ 45.6%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179,459
Fixed assets €176,250 ▲ 35.0%
Current assets €3,208 ▲ 236%
Equity and liabilities
Equity-€9,922
Debt€189,380
Equity is negative: debt (€189,380) exceeds the balance-sheet total (€179,459).
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,958▲
2024 · €1,656
Cash flow
€5,416▲
2024 · €228
Solvency
-5.5%▼
2024 · 2.1%
Current ratio
0.02▲
2024 · 0.01
ROA
-7.0%▼
2024 · -0.3%
Interest coverage
4.51▲
2024 · 1.16
Debt ≤ 1 year
€189,380▲
2024 · €128,791
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€131,491€179,459▲
Fixed assets21/28€130,536€176,250▲
Tangible fixed assets22/27€130,536€176,250▲
Land and buildings22€121,776€176,250▲
Other tangible fixed assets26€8,760-
Current assets29/58€955€3,208▲
Cash at bank and in hand54/58-€1,918
Deferred charges and accrued income490/1€955€1,290▲
Equity and liabilities
Total equity and liabilities10/49€131,491€179,459▲
Equity10/15€2,700-€9,922▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Profit (loss) carried forward14-€15,892-€28,514▼
Amounts payable17/49€128,791€189,380▲
Amounts payable within one year42/48€128,791€189,380▲
Financial debts43€13,194-
Credit institutions430/8€13,194-
Trade debts44€348-
Suppliers440/4€348-
Other amounts payable47/48€115,249€189,380▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€687€18,038▲
Other operating charges640/8€3,107€2,972▼
Gross operating margin9900€4,763€9,930▲
Operating profit (loss)9901€970-€11,080▼
Financial charges65/66B€1,429€1,542▲
Recurring financial charges65€1,429€1,542▲
Profit (loss) for the period before taxes9903-€459-€12,622▼
Profit (loss) for the period9904-€459-€12,622▼
Profit (loss) for the period to be appropriated9905-€459-€12,622▼
Appropriation of the result
Profit (loss) to be appropriated9906-€15,892-€28,514▼
Profit (loss) brought forward from the previous period14P-€15,433-€15,892▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€12,000--------
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,205€5,205€5,205€5,205€5,205€117€687€18,038▲ 2,527%
Other operating charges640/8---€2,485€2,537€2,557€3,107€2,972▼ 4.3%
Gross operating margin9900€10,298€5,293€14,682€4,657€5,556€3,173€4,763€9,930▲ 108%
Operating profit (loss)9901€2,571-€2,351€7,008-€3,033-€2,186€499€970-€11,080▼ 1,242%
Financial charges65/66B---€834€1,090€1,488€1,429€1,542▲ 7.9%
Recurring financial charges65€1,544€1,118€1,016€834€1,090€1,488€1,429€1,542▲ 7.9%
Profit (loss) for the period before taxes9903€1,027-€3,469€5,993-€3,867-€3,275-€988-€459-€12,622▼ 2,651%
Income taxes67/77-€13,279€871€123€227----
Profit (loss) for the period9904€1,027-€16,749€5,121-€3,990-€3,502-€988-€459-€12,622▼ 2,651%
Profit (loss) for the period to be appropriated9905€1,027-€16,749€5,121-€3,990-€3,502-€988-€459-€12,622▼ 2,651%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€142,596€137,391€132,186€126,981€121,776€129,169€131,491€179,459▲ 36.5%
Fixed assets21/28€142,596€137,391€132,186€126,981€121,776€128,323€130,536€176,250▲ 35.0%
Tangible fixed assets22/27€142,596€137,391€132,186€126,981€121,776€128,323€130,536€176,250▲ 35.0%
Land and buildings22---€126,981€121,776€121,776€121,776€176,250▲ 44.7%
Other tangible fixed assets26-----€6,547€8,760--
Current assets29/58-----€846€955€3,208▲ 236%
Cash at bank and in hand54/58€0------€1,918-
Deferred charges and accrued income490/1-----€846€955€1,290▲ 35.2%
Equity and liabilities
Total equity and liabilities10/49€142,596€137,391€132,186€126,981€121,776€129,169€131,491€179,459▲ 36.5%
Equity10/15€23,267€6,518€11,640€7,650€4,147€3,159€2,700-€9,922▼ 467%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Capital10---€18,592€18,592-€18,592€18,592=
Issued capital100---€18,592€18,592-€18,592€18,592=
Profit (loss) carried forward14€4,675-€12,074-€6,952-€10,942-€14,445-€15,433-€15,892-€28,514▼ 79.4%
Amounts payable17/49€119,329€130,873€120,546€119,331€117,629€126,010€128,791€189,380▲ 47.0%
Amounts payable within one year42/48€119,329€130,873€120,546€119,331€117,629€123,810€128,791€189,380▲ 47.0%
Financial debts43---€6,779€12,732€10,884€13,194--
Credit institutions430/8---€6,779-€10,884€13,194--
Other loans439----€12,732----
Trade debts44--€2,056€3,158€444€777€348--
Suppliers440/4---€3,158€444€777€348--
Other amounts payable47/48---€109,394€104,453€112,149€115,249€189,380▲ 64.3%
Accrued charges and deferred income492/3-----€2,200---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1,027-€16,749€5,121-€3,990-€3,502-€988-€459-€12,622▼ 2,651%
+ Depreciation and write-downs630€5,205€5,205€5,205€5,205€5,205€117€687€18,038▲ 2,527%
Operating cash flow (approximation)€6,232-€11,544€10,326€1,215€1,703-€872€228€5,416▲ 2,278%
Investment in fixed assets (approximation)-€0€0€0€0-€6,664-€2,900-€63,752▼ 2,098%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Public contracts: not fully processed yet. The notices from December 2022 to September 2026 are still being read.

Directors

Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 15 March 1990, TEXTILE - DIFFUSION was incorporated.1 Total assets went from €142,596 in 2018 to €179,459 in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
25-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 25 days late
2024
20-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
21-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 21 days late
2022
21-09
NBB filing Annual accounts filed
financial year 2021 · full format · 52 days late
2021
21-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Back to profitnet €5,121
Net result €5,121 after one loss-making year.
26-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 26 days late
2019
31-12
Financial Weakest financial yearnet -€16,749
Net result drops to -€16,749, the lowest in the series; recovery starts the following year.
11-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 11 days late
18-02
KBO administration Strikeout withdrawal
event 27-01-2019
2018
20-12
NBB filing Annual accounts filed
financial year 2017 · micro format · 142 days late
20-12
NBB filing Annual accounts filed
financial year 2016 · micro format · 507 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all are under Financials.
0 of 6 deeds read
About the unread acts

We know of 6 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded15-03-1990
Financial year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 11 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1997
registered office establishment The establishment unit on the map
Ground area
372 m²
Building footprint
152 m²
Building volume
1,775 m³
2 parcels, Brussels · tallest building 17.3 m. Linked by address, not a title deed.
1 establishment unit
Wethoudersstraat 52, 1050 Elsene
Wholesale trade
since 1997unit no. 2.047.633.970
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21618B0353/00H000 Brussels 293 m² 1 · 76 m² 11.1 m · 3
21447B0185/00H005 Brussels 79 m² 1 · 76 m² 17.3 m · 5
How the parcels are linked
Good to know
Both parcels match the address exactly.