Summary
TextMaster has the legal form “Foreign entity” in the KBO; Checked does not compute a bankruptcy probability for it. The 2016 annual accounts show equity of €2.4m and a net result of -€712,413. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2016, full format
2017 annual accounts not yet filed, deadline passed on 31 July 2018 Financial year closed on 31 December 2017; filing due at the latest 7 months after the close (Companies Code art. 3:10). 9 financial years without a filing since the last one filed. Source: NBB filings, as of 12 October 2026.
2012 to 2016, 5 financial years
The operating result stays negative: a loss of €673,771 in 2016 against €1.4m in 2015; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.09m | €0.1m | €0.2m | €0.3m | €0.5m | ▲ 39.7% |
| Gross operating margin9900 | -€0.3m | -€0.5m | -€0.4m | -€1.0m | -€0.09m | ▲ 90.6% |
| Operating profit (loss)9901 | -€0.4m | -€0.8m | -€0.8m | -€1.4m | -€0.7m | ▲ 51.5% |
| Recurring financial income75 | €0.001m | €0.007m | €0.01m | €0.02m | €0.03m | ▲ 75.5% |
| Recurring financial charges65 | €0.01m | €0.02m | €0.04m | €0.1m | €0.07m | ▼ 33.8% |
| Profit (loss) for the period before taxes9903 | -€0.4m | -€0.9m | -€0.8m | -€1.5m | -€0.7m | ▲ 52.7% |
| Profit (loss) for the period9904 | -€0.4m | -€0.9m | -€0.8m | -€1.5m | -€0.7m | ▲ 52.7% |
| Profit (loss) for the period to be appropriated9905 | -€0.4m | -€0.9m | -€0.8m | -€1.5m | -€0.7m | ▲ 52.7% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €0.8m | €1.4m | €7.3m | €4.9m | ▼ 33.3% |
| Fixed assets21/28 | €0.08m | €0.3m | €0.5m | €0.5m | €0.8m | ▲ 43.4% |
| Intangible fixed assets21 | €0.08m | €0.2m | €0.3m | €0.4m | €0.6m | ▲ 49.6% |
| Tangible fixed assets22/27 | €0.001m | €0.003m | €0.004m | €0.007m | €0.004m | ▼ 39.4% |
| Financial fixed assets28 | - | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 32.3% |
| Current assets29/58 | €1.5m | €0.5m | €0.9m | €6.8m | €4.1m | ▼ 39.3% |
| Amounts receivable within one year40/41 | €0.01m | €0.06m | €0.2m | €3.5m | €1.7m | ▼ 51.4% |
| Cash at bank and in hand54/58 | €1.5m | €0.5m | €0.7m | €3.3m | €2.3m | ▼ 28.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €0.8m | €1.4m | €7.3m | €4.9m | ▼ 33.3% |
| Equity10/15 | €1.3m | €0.5m | €0.7m | €3.1m | €2.4m | ▼ 22.8% |
| Contributions10/11 | €1.8m | €1.8m | €0.7m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | -€0.4m | -€1.3m | -€0.8m | -€2.3m | -€3.0m | ▼ 30.6% |
| Amounts payable17/49 | €0.2m | €0.4m | €0.7m | €4.1m | €2.4m | ▼ 41.2% |
| Amounts payable within one year42/48 | €0.06m | €0.2m | €0.3m | €3.4m | €1.3m | ▼ 61.4% |
| Trade debts44 | €0.06m | €0.08m | €0.1m | €2.9m | €0.5m | ▼ 82.1% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.4m | -€0.9m | -€0.8m | -€1.5m | -€0.7m | ▲ 52.7% |
| + Depreciation and write-downs630 | €0.09m | €0.1m | €0.2m | €0.3m | €0.5m | ▲ 39.7% |
| Operating cash flow (approximation) | -€0.4m | -€0.7m | -€0.6m | -€1.2m | -€0.3m | ▲ 77.9% |
| Investment in fixed assets (approximation) | - | -€0.4m | -€0.4m | -€0.4m | -€0.7m | ▼ 83.9% |
| Change in cash | - | -€1.0m | €0.3m | €2.5m | -€0.9m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.