TEXTILES ALBERT
ActiveSummary
TEXTILES ALBERT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59,174 and a net result of €2,221. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71=
Solvency64▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.44 in 2023; short-term debt: 60.8% and cash: 17.5% of total assets), but 60.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.2%
Return on assets
1.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
64 d late
2022
142 d late
2021
31 d late
2020
61 d late
2019
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 70 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€59,174▲ 3.9%
2023 · €56,953
Total assets
€151,007▼ 10.9%
2023 · €169,526
Net result
€2,221▼ 10.1%
2023 · €2,470
Working capital
€59,174▲ 20.6%
2023 · €49,066
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€25,036€25,519▲ 1.9%€6,673▼ 73.8%€6,174▼ 7.5%€5,793▼ 6.2%
Net result€17,522within the sector's middle half€35,910above the sector's middle half▲ 105%€3,658within the sector's middle half▼ 89.8%€2,470within the sector's middle half▼ 32.5%€2,221within the sector's middle half▼ 10.1%
Equity€17,916within the sector's middle half▲ 428%€50,826within the sector's middle half▲ 184%€54,483within the sector's middle half▲ 7.2%€56,953within the sector's middle half▲ 4.5%€59,174within the sector's middle half▲ 3.9%
Total assets€232,930within the sector's middle half▲ 2.2%€221,155within the sector's middle half▼ 5.1%€259,167within the sector's middle half▲ 17.2%€169,526within the sector's middle half▼ 34.6%€151,007within the sector's middle half▼ 10.9%
Debt€215,014▼ 4.2%€170,329▼ 20.8%€204,684▲ 20.2%€112,573▼ 45.0%€91,833▼ 18.4%
Working capital€31,010within the sector's middle half€35,502within the sector's middle half▲ 14.5%€37,584within the sector's middle half▲ 5.9%€49,066within the sector's middle half▲ 30.6%€59,174within the sector's middle half▲ 20.6%
Solvency7.7%within the sector's middle half▲ 6.2pp23.0%within the sector's middle half▲ 15.3pp21.0%within the sector's middle half▼ 2.0pp33.6%within the sector's middle half▲ 12.6pp39.2%within the sector's middle half▲ 5.6pp
Current ratio1.17within the sector's middle half▲ 0.231.21within the sector's middle half▲ 0.041.18within the sector's middle half▼ 0.021.44within the sector's middle half▲ 0.251.64within the sector's middle half▲ 0.21
Return on assets (ROA)7.5%within the sector's middle half▲ 11.7pp16.2%above the sector's middle half▲ 8.7pp1.4%within the sector's middle half▼ 14.8pp1.5%within the sector's middle half=1.5%within the sector's middle half=
Staff (FTE)1.9within the sector's middle half=2▲ 5.3%1.6▼ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 6% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €151,007
Equity
€59,174 ▲ 3.9%
Debt
€91,833 ▼ 18.4%
Debt's share of the balance-sheet total falls from 66.4% to 60.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13,679▲
2023 · €10,508
Cash flow
€10,108▲
2023 · €6,804
Quick ratio
1.42▲
2023 · 1.02
Debt to equity
1.55▼
2023 · 1.98
ROE
3.8%▼
2023 · 4.3%
Interest coverage
23.77▲
2023 · 15.80
Debt ≤ 1 year
€91,833▼
2023 · €112,573
Income taxes
€2,996▼
2023 · €3,038
Staff costs
-€11,841▼
2023 · €39,581
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €85,785 | €86,333 | €39,581 | -€11,841 | ▼ 130% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,613 | €4,720 | €4,335 | €4,335 | €7,887 | ▲ 82.0% |
| Other operating charges640/8 | - | €4,546 | €4,074 | €92 | €5,779 | ▲ 6,186% |
| Non-recurring operating charges66A | - | €357 | - | - | - | - |
| Gross operating margin9900 | €110,073 | €120,928 | €101,415 | €50,181 | €7,617 | ▼ 84.8% |
| Operating profit (loss)9901 | €25,036 | €25,519 | €6,673 | €6,174 | €5,793 | ▼ 6.2% |
| Financial income75/76B | - | €49 | - | - | - | - |
| Recurring financial income75 | €1 | €49 | - | - | - | - |
| Financial charges65/66B | - | €595 | €751 | €665 | €576 | ▼ 13.5% |
| Recurring financial charges65 | €1,265 | €595 | €751 | €665 | €576 | ▼ 13.5% |
| Profit (loss) for the period before taxes9903 | €23,772 | €24,974 | €5,922 | €5,508 | €5,217 | ▼ 5.3% |
| Income taxes67/77 | €6,250 | -€10,936 | €2,265 | €3,038 | €2,996 | ▼ 1.4% |
| Profit (loss) for the period9904 | €17,522 | €35,910 | €3,658 | €2,470 | €2,221 | ▼ 10.1% |
| Profit (loss) for the period to be appropriated9905 | €17,522 | €35,910 | €3,658 | €2,470 | €2,221 | ▼ 10.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €232,930 | €221,155 | €259,167 | €169,526 | €151,007 | ▼ 10.9% |
| Fixed assets21/28 | €17,459 | €15,324 | €16,899 | €7,887 | - | - |
| Tangible fixed assets22/27 | €12,781 | €10,646 | €12,221 | €7,887 | - | - |
| Land and buildings22 | - | €6,250 | €3,453 | €655 | - | - |
| Furniture and vehicles24 | - | €4,396 | €8,769 | €7,232 | - | - |
| Financial fixed assets28 | €4,678 | €4,678 | €4,678 | - | - | - |
| Current assets29/58 | €215,470 | €205,831 | €242,268 | €161,639 | €151,007 | ▼ 6.6% |
| Stocks and contracts in progress3 | €15,375 | €32,631 | €8,700 | €46,326 | €20,534 | ▼ 55.7% |
| Stocks30/36 | - | €32,631 | €8,700 | €46,326 | €20,534 | ▼ 55.7% |
| Amounts receivable within one year40/41 | €171,007 | €149,605 | €166,213 | €83,653 | €103,763 | ▲ 24.0% |
| Trade receivables40 | - | €148,346 | €165,590 | €83,653 | €103,763 | ▲ 24.0% |
| Other amounts receivable41 | - | €1,259 | €623 | - | - | - |
| Cash at bank and in hand54/58 | €29,088 | €23,594 | €36,483 | €31,481 | €26,463 | ▼ 15.9% |
| Deferred charges and accrued income490/1 | - | - | €30,872 | €179 | €247 | ▲ 38.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €232,930 | €221,155 | €259,167 | €169,526 | €151,007 | ▼ 10.9% |
| Equity10/15 | €17,916 | €50,826 | €54,483 | €56,953 | €59,174 | ▲ 3.9% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €44,462 | €44,462 | €44,462 | €44,462 | €44,462 | = |
| Tax-exempt reserves132 | - | €18,895 | €18,895 | €18,895 | €18,895 | = |
| Distributable reserves133 | - | €25,567 | €25,567 | €25,567 | €25,567 | = |
| Profit (loss) carried forward14 | -€46,546 | -€13,636 | -€9,979 | -€7,509 | -€5,288 | ▲ 29.6% |
| Amounts payable17/49 | €215,014 | €170,329 | €204,684 | €112,573 | €91,833 | ▼ 18.4% |
| Amounts payable within one year42/48 | €184,461 | €170,329 | €204,684 | €112,573 | €91,833 | ▼ 18.4% |
| Trade debts44 | €80,806 | €91,303 | €40,815 | €60,268 | €66,607 | ▲ 10.5% |
| Suppliers440/4 | - | €91,303 | €40,815 | €60,268 | €66,607 | ▲ 10.5% |
| Advances received on contracts in progress46 | - | €11,461 | €120,138 | - | - | - |
| Taxes, remuneration and social security45 | - | €48,824 | €41,405 | €52,304 | €25,227 | ▼ 51.8% |
| Taxes450/3 | - | €14,423 | €6,488 | €21,203 | €23,682 | ▲ 11.7% |
| Remuneration and social security454/9 | - | €34,400 | €34,918 | €31,101 | €1,544 | ▼ 95.0% |
| Other amounts payable47/48 | - | €18,742 | €2,327 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,522 | €35,910 | €3,658 | €2,470 | €2,221 | ▼ 10.1% |
| + Depreciation and write-downs630 | €4,613 | €4,720 | €4,335 | €4,335 | €7,887 | ▲ 82.0% |
| Operating cash flow (approximation) | €22,135 | €40,630 | €7,992 | €6,804 | €10,108 | ▲ 48.5% |
| Investment in fixed assets (approximation) | - | -€2,585 | -€5,910 | €4,678 | - | - |
| Change in cash | - | -€5,494 | €12,889 | -€5,002 | -€5,018 | ▼ 0.3% |
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
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €35,910 ▲105%
Operating result €25,519, net result €35,910, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €17,522
Net result €17,522 after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Weakest financial yearnet -€9,408
Net result drops to -€9,408, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
01-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 32 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Schaarbeek · 1 establishment unit since 1991
Ground area
159 m²
Building footprint
159 m²
Volume, LiDAR
2,218 m³
Parcel 21902A0440/00W003, Brussels · tallest building 15.6 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TEXTILES ALBERT SPRL
since 19912.053.006.483
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0440/00W003 | Brussels | 159 m² | 1 · 159 m² | 15.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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
SENZATION
BE 0889.792.678
Antwerpen · Eq €59,195
DE CRAEMER
BE 0755.686.814
Brugge · Eq €58,952
SYLCATEX
BE 0431.450.852
Lievegem · Eq €58,930
L'ART & DECO
BE 0840.244.187
Elsene · Eq €58,165
DOCHEZ-HOTTON DECORATION
BE 0457.287.890
Hensies · Eq €57,959
Of 1,271 companies in sector 47512 we hold annual accounts for 581. 467 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 (pre-2019)
Founded08-04-1991
Fiscal year end31-12
Activities, NACEBEL 2025
47512Retail sale of household textiles and bedding
47530Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443866852
Also
9925:BE0443866852
Registered
13-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.