TEXTILES ALBERT
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 59 days after the deadline Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00526321.
Annual accounts 2025 filed on 28-09-2026 at the NBB all 35 filings
Turnover
≈ €130,000
Estimated: probably between €67,000 and €310,000
Total assets
€137,957▼ 8.6%
2024 · €151,007
Net result
€5,637▲ 154%
2024 · €2,221
Working capital
€64,811▲ 9.5%
2024 · €59,174
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€7,993
▲ 38.0%
2025
20182025
Net result
€5,637
▲ 154%
2025
middle half of the sector
20182025
Equity
€64,811
▲ 9.5%
2025
middle half of the sector
20182025
Total assets
€137,957
▼ 8.6%
2025
middle half of the sector
20182025
Debt
€73,147
▼ 20.3%
2025
20182025
Working capital
€64,811
▲ 9.5%
2025
middle half of the sector
20182025
Solvency
47.0%
▲ 7.8pp
2025
middle half of the sector
20182025
Current ratio
1.89
▲ 0.24
2025
middle half of the sector
20182025
Return on assets (ROA)
4.1%
▲ 2.6pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€1,890--€7,881€25,036€25,519▲ 1.9%€6,673▼ 73.8%€6,174▼ 7.5%€5,793▼ 6.2%€7,993▲ 38.0%
Net result€558--€9,408€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%€5,637within the sector's middle half▲ 154%
Equity€12,802-€3,394▼ 73.5%€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%€64,811within the sector's middle half▲ 9.5%
Total assets€210,671-€227,873▲ 8.2%€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%€137,957within the sector's middle half▼ 8.6%
Debt€197,869-€224,479▲ 13.4%€215,014▼ 4.2%€170,329▼ 20.8%€204,684▲ 20.2%€112,573▼ 45.0%€91,833▼ 18.4%€73,147▼ 20.3%
Working capital-€8,449--€13,999▼ 65.7%€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%€64,811within the sector's middle half▲ 9.5%
Solvency6.1%-1.5%▼ 4.6pp7.7%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▲ 5.6pp47.0%within the sector's middle half▲ 7.8pp
Current ratio0.96-0.94▼ 0.021.17within 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▲ 0.211.89within the sector's middle half▲ 0.24
Return on assets (ROA)0.3%--4.1%▼ 4.4pp7.5%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=4.1%within the sector's middle half▲ 2.6pp
Staff (FTE)2.4-1.9▼ 20.8%1.9within the sector's middle half=2▲ 5.3%1.6▼ 20.0%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 38% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €137,957
Equity
€64,811 ▲ 9.5%
Debt
€73,147 ▼ 20.3%
Debt's share of the balance-sheet total falls from 60.8% to 53.0%. Equity is higher and debt is lower.
Key figures and ratios
Quick ratio
1.77▲
2024 · 1.42
Debt to equity
1.13▼
2024 · 1.55
ROE
8.7%▲
2024 · 3.8%
Debt ≤ 1 year
€73,147▼
2024 · €91,833
Income taxes
€2,251▼
2024 · €2,996
Staff costs
€535▲
2024 · -€11,841
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 2 |
| full-time | 1 | 1 |
| part-time | 2 | 1 |
| in full-time equivalents | 1.9 | 1.5 |
| Average over the year, in full-time equivalents | 1.9 | 1.6 |
| On a permanent contract | 3 | 2 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,585 | €5,910 | - | - | - |
| Depreciation and write-downs of the year | €4,720 | €4,335 | €4,335 | €7,887 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €85,785 | €86,333 | €39,581 | -€11,841 | €535 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,980 | €5,110 | €4,613 | €4,720 | €4,335 | €4,335 | €7,887 | - | - |
| Other operating charges640/8 | - | - | - | €4,546 | €4,074 | €92 | €5,779 | €3,526 | ▼ 39.0% |
| Non-recurring operating charges66A | - | - | - | €357 | - | - | - | - | - |
| Gross operating margin9900 | €115,283 | €81,013 | €110,073 | €120,928 | €101,415 | €50,181 | €7,617 | €12,054 | ▲ 58.2% |
| Operating profit (loss)9901 | €1,890 | -€7,881 | €25,036 | €25,519 | €6,673 | €6,174 | €5,793 | €7,993 | ▲ 38.0% |
| Financial income75/76B | - | - | - | €49 | - | - | - | - | - |
| Recurring financial income75 | €4 | €22 | €1 | €49 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €595 | €751 | €665 | €576 | €105 | ▼ 81.8% |
| Recurring financial charges65 | €1,336 | €1,296 | €1,265 | €595 | €751 | €665 | €576 | €105 | ▼ 81.8% |
| Profit (loss) for the period before taxes9903 | €558 | -€9,154 | €23,772 | €24,974 | €5,922 | €5,508 | €5,217 | €7,888 | ▲ 51.2% |
| Income taxes67/77 | - | €253 | €6,250 | -€10,936 | €2,265 | €3,038 | €2,996 | €2,251 | ▼ 24.9% |
| Profit (loss) for the period9904 | €558 | -€9,408 | €17,522 | €35,910 | €3,658 | €2,470 | €2,221 | €5,637 | ▲ 154% |
| Profit (loss) for the period to be appropriated9905 | €558 | -€9,408 | €17,522 | €35,910 | €3,658 | €2,470 | €2,221 | €5,637 | ▲ 154% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €210,671 | €227,873 | €232,930 | €221,155 | €259,167 | €169,526 | €151,007 | €137,957 | ▼ 8.6% |
| Fixed assets21/28 | €22,327 | €18,469 | €17,459 | €15,324 | €16,899 | €7,887 | - | - | - |
| Tangible fixed assets22/27 | €17,649 | €13,791 | €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 | €4,678 | €4,678 | - | - | - | - |
| Current assets29/58 | €188,344 | €209,404 | €215,470 | €205,831 | €242,268 | €161,639 | €151,007 | €137,957 | ▼ 8.6% |
| Stocks and contracts in progress3 | €12,373 | €30,359 | €15,375 | €32,631 | €8,700 | €46,326 | €20,534 | €8,646 | ▼ 57.9% |
| Stocks30/36 | - | - | - | €32,631 | €8,700 | €46,326 | €20,534 | €8,646 | ▼ 57.9% |
| Amounts receivable within one year40/41 | €159,311 | €158,983 | €171,007 | €149,605 | €166,213 | €83,653 | €103,763 | €109,253 | ▲ 5.3% |
| Trade receivables40 | - | - | - | €148,346 | €165,590 | €83,653 | €103,763 | €103,138 | ▼ 0.6% |
| Other amounts receivable41 | - | - | - | €1,259 | €623 | - | - | €6,115 | - |
| Cash at bank and in hand54/58 | €16,660 | €20,062 | €29,088 | €23,594 | €36,483 | €31,481 | €26,463 | €20,059 | ▼ 24.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €30,872 | €179 | €247 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €210,671 | €227,873 | €232,930 | €221,155 | €259,167 | €169,526 | €151,007 | €137,957 | ▼ 8.6% |
| Equity10/15 | €12,802 | €3,394 | €17,916 | €50,826 | €54,483 | €56,953 | €59,174 | €64,811 | ▲ 9.5% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €44,462 | €44,462 | €44,462 | €44,462 | €44,462 | €44,462 | €44,462 | €44,462 | = |
| Tax-exempt reserves132 | - | - | - | €18,895 | €18,895 | €18,895 | €18,895 | €18,895 | = |
| Distributable reserves133 | - | - | - | €25,567 | €25,567 | €25,567 | €25,567 | €25,567 | = |
| Profit (loss) carried forward14 | -€51,660 | -€61,068 | -€46,546 | -€13,636 | -€9,979 | -€7,509 | -€5,288 | €349 | - |
| Amounts payable17/49 | €197,869 | €224,479 | €215,014 | €170,329 | €204,684 | €112,573 | €91,833 | €73,147 | ▼ 20.3% |
| Amounts payable within one year42/48 | €196,793 | €223,403 | €184,461 | €170,329 | €204,684 | €112,573 | €91,833 | €73,147 | ▼ 20.3% |
| Trade debts44 | €65,163 | €100,750 | €80,806 | €91,303 | €40,815 | €60,268 | €66,607 | €27,410 | ▼ 58.8% |
| Suppliers440/4 | - | - | - | €91,303 | €40,815 | €60,268 | €66,607 | €27,410 | ▼ 58.8% |
| Advances received on contracts in progress46 | - | - | - | €11,461 | €120,138 | - | - | €9,714 | - |
| Taxes, remuneration and social security45 | - | - | - | €48,824 | €41,405 | €52,304 | €25,227 | €36,022 | ▲ 42.8% |
| Taxes450/3 | - | - | - | €14,423 | €6,488 | €21,203 | €23,682 | €29,269 | ▲ 23.6% |
| Remuneration and social security454/9 | - | - | - | €34,400 | €34,918 | €31,101 | €1,544 | €6,754 | ▲ 337% |
| Other amounts payable47/48 | - | - | - | €18,742 | €2,327 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €558 | -€9,408 | €17,522 | €35,910 | €3,658 | €2,470 | €2,221 | €5,637 | ▲ 154% |
| + Depreciation and write-downs630 | €4,980 | €5,110 | €4,613 | €4,720 | €4,335 | €4,335 | €7,887 | - | - |
| Operating cash flow (approximation) | €5,538 | -€4,297 | €22,135 | €40,630 | €7,992 | €6,804 | €10,108 | €5,637 | ▼ 44.2% |
| Investment in fixed assets (approximation) | - | -€1,253 | -€3,603 | -€2,585 | -€5,910 | €4,678 | - | - | - |
| Change in cash | - | €3,401 | €9,027 | -€5,494 | €12,889 | -€5,002 | -€5,018 | -€6,404 | ▼ 27.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as TEXTILES ALBERT has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TEXTILES ALBERT itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,041 companies, not a prediction for TEXTILES ALBERT. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-09-2026 | 2026-00526321 | |
| 31-12-2024 | micro format | 04-09-2025 | 2025-00478945 | |
| 31-12-2023 | micro format | 03-10-2024 | 2024-00497478 | |
| 31-12-2022 | micro format | 20-12-2023 | 2023-00531968 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20406429 | |
| 31-12-2020 | micro format | 30-09-2021 | 2021-70700385 | |
| 31-12-2019 | micro format | 28-10-2020 | 2020-64000351 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54100151 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-61000456 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-59900471 |