TEXTRADING

Active

Private limited companyfounded 200323 yrs activeAntwerpsesteenweg 45, 2830 Willebroek, BelgiumKBO/BCE: BE 0479.998.857

The file of TEXTRADING contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 0.5% (very low). The 2024 annual accounts show equity of €93,482 and a net result of €16,700. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 241 sector peers (fiscal year 2024).

Risk analysis Watch Report Compare

TEXTRADINGActiveChecked score 59/100

Risk analysis Report Compare

Checked score

Score 2024

59 / 100

Fair

A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes · tick = 2022

Profitability74

Solvency100=

Growth75=

Track record85

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5,000 at 30 days only on tighter terms

Liquidity ample (current ratio 5.8; short-term debt: 17.2% and cash: 25.7% of total assets), and 17.2% of the assets are financed with debt.

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Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 38

Relative position

BE, all sectors

reference

Waste collection, recovery and disposal activities (NACE 38)

about 10% more bankruptcies

← fewer bankruptcies more bankruptcies →

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

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 13-12-2025, 135 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

135 d late

2022

866 d late

2021

61 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 354 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 14 April 2003, TEXTRADING was incorporated.¹ Total assets went from EUR 79,730 in 2021 to EUR 112,954 in 2024.² The company was declared bankrupt on 10 November 2025.³

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Financials · fiscal year 2024, micro schema

Turnover

€56,303

EBIT margin

39.4%

Net result

€16,700

Working capital

€93,482

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line202120222024

Turnover€56,303-

Operating result€22,200-

Net result€16,700-

EBIT margin39.4%-

Equity€79,730-€79,730=€93,482-

Total assets€79,730-€79,730=€112,954-

Debt€19,472-

Working capital€93,482-

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

2024 is the only fiscal year with figures: the operating result is €22,200.

Balance-sheet composition

Equity and liabilities €112,954

82.8%

17.2%

Equity €93,482

Debt €19,472

Debt finances 17.2% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2022

Current ratio

5.80

Debt to equity

0.21

ROE

17.9%

ROA

14.8%

Debt ≤ 1 year

€19,472

Income taxes

€5,500

Peer companies

Historical observation

Of the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

0.4% went bankrupt

5.9% stopped otherwise

93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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%	1.6%
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 74% 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 31,324 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

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2024 against 2022 · 27 lines

Balance sheet Code20222024

Assets

Total assets20/58€79,730€112,954▲

Current assets29/58€79,730€112,954▲

Amounts receivable within one year40/41€77,131€83,877▲

Other amounts receivable41€77,131€83,877▲

Cash at bank and in hand54/58€2,599€29,077▲

Equity and liabilities

Total equity and liabilities10/49€79,730€112,954▲

Equity10/15€79,730€93,482▲

Contributions10/11€3,750€3,750=

Reserves13€14,623€14,623=

Distributable reserves133€14,623€14,623=

Profit (loss) carried forward14€61,357€75,109▲

Amounts payable17/49-€19,472

Amounts payable within one year42/48-€19,472

Trade debts44-€13,972

Suppliers440/4-€13,972

Taxes, remuneration and social security45-€5,500

Taxes450/3-€5,500

Income statement Code20222024

Turnover70-€56,303

Goods, raw materials, services and sundry goods60/61-€34,103

Gross operating margin9900-€22,200

Operating profit (loss)9901-€22,200

Profit (loss) for the period before taxes9903-€22,200

Income taxes67/77-€5,500

Profit (loss) for the period9904-€16,700

Profit (loss) for the period to be appropriated9905-€16,700

Appropriation of the result

Profit (loss) to be appropriated9906€61,357€75,109▲

Profit (loss) brought forward from the previous period14P€61,357€58,409▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2024	Change
Turnover70	-	-	€56,303	-
Goods, raw materials, services and sundry goods60/61	-	-	€34,103	-
Gross operating margin9900	-	-	€22,200	-
Operating profit (loss)9901	-	-	€22,200	-
Profit (loss) for the period before taxes9903	-	-	€22,200	-
Income taxes67/77	-	-	€5,500	-
Profit (loss) for the period9904	-	-	€16,700	-
Profit (loss) for the period to be appropriated9905	-	-	€16,700	-

Line	2021	2022	2024	Change
Assets
Total assets20/58	€79,730	€79,730	€112,954	-
Current assets29/58	€79,730	€79,730	€112,954	-
Amounts receivable within one year40/41	€77,131	€77,131	€83,877	-
Other amounts receivable41	€77,131	€77,131	€83,877	-
Cash at bank and in hand54/58	€2,599	€2,599	€29,077	-
Equity and liabilities
Total equity and liabilities10/49	€79,730	€79,730	€112,954	-
Equity10/15	€79,730	€79,730	€93,482	-
Contributions10/11	€3,750	€3,750	€3,750	-
Reserves13	€14,623	€14,623	€14,623	-
Distributable reserves133	€14,623	€14,623	€14,623	-
Profit (loss) carried forward14	€61,357	€61,357	€75,109	-
Amounts payable17/49	-	-	€19,472	-
Amounts payable within one year42/48	-	-	€19,472	-
Trade debts44	-	-	€13,972	-
Suppliers440/4	-	-	€13,972	-
Taxes, remuneration and social security45	-	-	€5,500	-
Taxes450/3	-	-	€5,500	-

Line	2021	2022	2024	Change
Profit (loss) for the period9904	-	-	€16,700	-
Operating cash flow (approximation)	-	-	€16,700	-
Change in cash	-	€0	-	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Signals 2Filings 3

2025

29-12

Bankruptcy Bankruptcy reversal

Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 22-12-2025

13-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 135 days late

13-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 866 days late

19-11

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 10-11-2025

2022

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

SignalNBB filing

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

2 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, Willebroek · 1 establishment unit since 2023

seat establishment The establishment unit on the map

Ground area

4,191 m²

Building footprint

1,140 m²

Volume, LiDAR

8,404 m³

Parcel 12040A0072/00C002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.

42 companies at this address See who is registered here

1 establishment unit

TEXTRADING

Antwerpsesteenweg 45, 2830 WillebroekSpecialised construction activities

since 20232.350.177.564

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12040A0072/00C002	Flanders	4,191 m²	1 · 1,140 m²	9.1 m · 2 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.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	YVES DESUTTER BOONHOF 24, 2890. PUURS-SINT- AMANDS	10-11-2025 → 22-12-2025

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Of 978 companies in sector 38210 we hold annual accounts for 585. 279 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

Founded14-04-2003

Fiscal year end31-12

Activities, NACEBEL 2025

38210Materials recovery from waste

E-invoicing

Reachable via Peppol

Peppol ID 0208:0479998857

Registered 28-04-2026

Scores and ratios are computed by Checked and are not a credit decision.