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TEXTILES CARINE

Active
Private limited companyfounded 2020active for 6 yearsRue de la Liberté 2, 6040 Charleroi, BelgiumKBO/BCE: BE 0750.785.938
Summary

The computed 12-month bankruptcy probability of TEXTILES CARINE is 5.0% (elevated). The 2024 annual accounts show equity of €13,255 and a net result of -€7,785. Equity is shrinking by about 25% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 42% of 25,597 sector peers (NACE 47, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of women's outerwear
NACE 47711
1 site
Size
€57,958total assets 2024
Staff
1 FTE
Equity
€13,255
Loss
-€7,785
Turnover not published (micro format)
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.0%
Structure
Accounts 76 days overdue0 of 5 deeds read
Why 37raises riskFigures for financial year 2024 (filed 07-11-2025)1 financial year not filed after the legal deadline; latest accounts 97 days late; 3 of the last 3 lateFounded in 2020lowers riskLiquidity: current ratio 1.04, cash €28,161Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 35% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency 48-6
equity 22.9% of total assets
Liquidity 66-9
short-term debt 64.4% · cash 48.6%
Profitability 2-4
return on assets -13.4%
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,196 companies, NACE 47, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025lowest value 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.4%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 2.1%▲ +0.7 percentage points vs 07-2025 09-2025: 2.4%▲ +0.3 percentage points vs 08-2025 10-2025: 3.5%▲ +1.1 percentage points vs 09-2025 11-2025: 3.6%▲ +0.1 percentage points vs 10-2025 12-2025: 2.5%▼ -1.1 percentage points vs 11-2025 01-2026: 2.4%▼ -0.1 percentage points vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.5%▲ +0.1 percentage points vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.5%● unchanged vs 04-2026 06-2026: 2.5%● unchanged vs 05-2026 07-2026: 2.5%● unchanged vs 06-2026 08-2026: 3.2%▲ +0.7 percentage points vs 07-2026 09-2026: 3.5%▲ +0.3 percentage points vs 08-2026 10-2026: 5.0%▲ +1.5 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.04, compared with 1.27 in 2023, below the usual 1.5; short-term debt: 64.4% and cash: 48.6% of total assets), and 77.1% of the assets are financed with debt and provisions.
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 (NACE 47, micro): better than 38% on solvency, 73% on liquidity, 13% on profitability and 14% on growth.

The bankruptcy probability was computed on 15-10-2026 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).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 07-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 97 days late; 3 of the last 3 late
NBB · filings
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.04, cash €28,161
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
21222324
2021 to 2024 · latest year -€7,785
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
97 days late
2023
61 days late
2022
89 days late
2021
135 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 28 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€7,785
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Caution: Among the weakest 20% on net resultsector median €4,542 · 25,572 companies -€7,785 View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€7,785 View

By topic

Financials

Financial year
2024
Total assets
€57,958
Loss
-€7,785
Solvency
22.9%
Total assets▼ 20.4%
Net result
20212024
Go to Financials

Timeline

Events
5
Since
2022
  1. 28-10-2023Annual accounts filed
  2. 18-03-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of women's outerwearNACE 47711
Founded
17-07-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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