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.
Overview
- Staff
- 4 FTE
- Equity
- €2.4m
- Loss
- -€712,413
Signalsraises risk2016 accounts filed 30 days lateneutralNo filing for yearsShow the evidence
Checked score
The KBO gives the legal form as “Foreign entity”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
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Signals
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2016 · full…
- Annual accounts filedfinancial year 2015 · full…
- Weakest financial yearnet -€1.5m
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 30 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2016 | full format | 30-08-2017 | 2017-53700091 |
| 31-12-2015 | full format | 31-10-2016 | 2016-67100111 |
| 31-12-2014 | full format | 24-06-2015 | 2015-21000294 |
| 31-12-2013 | full format | 04-07-2014 | 2014-27200054 |
| 31-12-2012 | full format | 31-10-2013 | 2013-65100321 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 14 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
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Register as of 29 October 2026 · Peppol Directory
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