Texture Painting
ActiveSummary
Texture Painting has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €700k and a net result of €411k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 24% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+2
Solvency48▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.91 against 0.96 in 2024; short-term debt: 61% and cash: 21.8% of total assets), and 77.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.6%
Return on assets
13.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
37 d early
2023
1 d early
2022
3 d early
2021
19 d early
2020
4 d late
2019
77 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€700k▼ 11.2%
2024 · €789k
2018: €202klowest in 8 years
2019: €624k▲ +208% vs 2018
2020: €474k▼ -24.0% vs 2019
2021: €609k▲ +28.4% vs 2020
2022: €611k▲ +0.4% vs 2021
2023: €704k▲ +15.2% vs 2022
2024: €789k▲ +12.0% vs 2023highest in 8 years
2025: €700k▼ -11.2% vs 2024
2018 → 2025
Total assets
€3.10M▲ 10.5%
2024 · €2.80M
2018: €1.64Mlowest in 8 years
2019: €1.88M▲ +14.7% vs 2018
2020: €2.05M▲ +9.2% vs 2019
2021: €2.10M▲ +2.3% vs 2020
2022: €2.02M▼ -3.8% vs 2021
2023: €2.16M▲ +6.9% vs 2022
2024: €2.80M▲ +29.9% vs 2023
2025: €3.10M▲ +10.5% vs 2024highest in 8 years
2018 → 2025
Net result
€411k▲ 26.8%
2024 · €325k
2018: €-105k
2019: €62k▲ +159% vs 2018
2020: €-150k▼ -342% vs 2019lowest in 8 years
2021: €135k▲ +190% vs 2020
2022: €2k▼ -98.3% vs 2021
2023: €168k▲ +7460% vs 2022
2024: €325k▲ +93.1% vs 2023
2025: €411k▲ +26.8% vs 2024highest in 8 years
2018 → 2025
Working capital
€-161k▼ 153%
2024 · €-63k
2018: €-66k
2019: €-9k▲ +85.7% vs 2018highest in 8 years
2020: €-271k▼ -2788% vs 2019lowest in 8 years
2021: €-136k▲ +49.7% vs 2020
2022: €-167k▼ -22.4% vs 2021
2023: €-97k▲ +41.8% vs 2022
2024: €-63k▲ +34.5% vs 2023
2025: €-161k▼ -153% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€609k-€611k▲ 0.4%€704k▲ 15.2%€789k▲ 12.0%€700k▼ 11.2%
2021: €609klowest in 5 years
2022: €611k▲ +0.4% vs 2021
2023: €704k▲ +15.2% vs 2022
2024: €789k▲ +12.0% vs 2023highest in 5 years
2025: €700k▼ -11.2% vs 2024
Operating result€159k-€22k▼ 86.0%€226k▲ 914%€370k▲ 64.1%€585k▲ 58.1%
2021: €159k
2022: €22k▼ -86.0% vs 2021lowest in 5 years
2023: €226k▲ +914% vs 2022
2024: €370k▲ +64.1% vs 2023
2025: €585k▲ +58.1% vs 2024highest in 5 years
Net result€135k-€2k▼ 98.3%€168k▲ 7,460%€325k▲ 93.1%€411k▲ 26.8%
2021: €135k
2022: €2k▼ -98.3% vs 2021lowest in 5 years
2023: €168k▲ +7460% vs 2022
2024: €325k▲ +93.1% vs 2023
2025: €411k▲ +26.8% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.10M
Fixed assets
€1.37M ▼ 4.5%
Current assets
€1.73M ▲ 26.3%
Equity and liabilities €3.10M
Equity
€700k ▼ 11.2%
Debt
€2.40M ▲ 19.1%
Debt's share of the balance-sheet total rises from 71.8% to 77.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€682k▲
2024 · €452k
Cash flow
€508k▲
2024 · €406k
Current ratio
0.91▼
2024 · 0.96
Quick ratio
0.81▼
2024 · 0.88
Debt to equity
3.42▲
2024 · 2.55
ROE
58.7%▲
2024 · 41.1%
ROA
13.3%▲
2024 · 11.6%
Interest coverage
33.49▲
2024 · 23.86
Debt ≤ 1 year
€1.89M▲
2024 · €1.43M
Debt > 1 year
€508k▼
2024 · €581k
Income taxes
€156k▲
2024 · €37k
Staff costs
€222k▼
2024 · €367k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.80M€3.10M▲
Fixed assets21/28€1.43M€1.37M▼
Intangible fixed assets21€13k€11k▼
Tangible fixed assets22/27€1.42M€1.36M▼
Land and buildings22€1.08M€1.05M▼
Plant, machinery and equipment23€335k€292k▼
Furniture and vehicles24€1k€17k▲
Leasing and similar rights25€0-
Financial fixed assets28€263€263=
Current assets29/58€1.37M€1.73M▲
Stocks and contracts in progress3€110k€203k▲
Stocks30/36€110k€203k▲
Amounts receivable within one year40/41€709k€835k▲
Trade receivables40€607k€655k▲
Other amounts receivable41€103k€180k▲
Current investments50/53€350k€0▼
Cash at bank and in hand54/58€200k€675k▲
Deferred charges and accrued income490/1-€16k
Equity and liabilities
Total equity and liabilities10/49€2.80M€3.10M▲
Equity10/15€789k€700k▼
Contributions10/11€79k€79k=
Revaluation surpluses12€360k€360k=
Reserves13€350k€262k▼
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€342k€254k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.01M€2.40M▲
Amounts payable after more than one year17€581k€508k▼
Financial debts170/4€581k€508k▼
Amounts payable within one year42/48€1.43M€1.89M▲
Current portion of amounts payable after more than one year42€75k€75k▼
Trade debts44€678k€664k▼
Suppliers440/4€678k€664k▼
Advances received on contracts in progress46€250k€375k▲
Taxes, remuneration and social security45€77k€179k▲
Taxes450/3€71k€163k▲
Remuneration and social security454/9€6k€16k▲
Other amounts payable47/48€352k€597k▲
Income statement
Code20242025
Remuneration, social security and pensions62€367k€222k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€96k▲
Other operating charges640/8€16k€150k▲
Gross operating margin9900€835k€1.05M▲
Operating profit (loss)9901€370k€585k▲
Financial income75/76B€10k€2k▼
Recurring financial income75€10k€2k▼
Financial charges65/66B€19k€20k▲
Recurring financial charges65€19k€20k▲
Profit (loss) for the period before taxes9903€361k€567k▲
Income taxes67/77€37k€156k▲
Profit (loss) for the period9904€325k€411k▲
Profit (loss) for the period to be appropriated9905€325k€411k▲
Appropriation of the result
Profit (loss) to be appropriated9906€325k€411k▲
Transfer from equity791/2-€89k
Transfer to equity691/2€85k€0▼
To other reserves6921€85k€0▼
Profit to be distributed694/7€240k€500k▲
Return on contributions (dividend)694€240k€500k▲
Directors or managers695€0€0=
Social balance
Average headcount (FTE)90875.53.3▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €475k | €407k | €442k | €367k | €222k | ▼ 39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €114k | €101k | €86k | €82k | €96k | ▲ 18.2% |
| Other operating charges640/8 | €14k | €14k | €11k | €16k | €150k | ▲ 832% |
| Gross operating margin9900 | €762k | €545k | €765k | €835k | €1.05M | ▲ 26.3% |
| Operating profit (loss)9901 | €159k | €22k | €226k | €370k | €585k | ▲ 58.1% |
| Financial income75/76B | €2k | €5k | €3k | €10k | €2k | ▼ 80.9% |
| Recurring financial income75 | €2k | €5k | €3k | €10k | €2k | ▼ 80.9% |
| Financial charges65/66B | €24k | €17k | €21k | €19k | €20k | ▲ 7.5% |
| Recurring financial charges65 | €24k | €17k | €21k | €19k | €20k | ▲ 7.5% |
| Profit (loss) for the period before taxes9903 | €137k | €11k | €207k | €361k | €567k | ▲ 56.8% |
| Income taxes67/77 | €2k | €8k | €39k | €37k | €156k | ▲ 321% |
| Profit (loss) for the period9904 | €135k | €2k | €168k | €325k | €411k | ▲ 26.8% |
| Profit (loss) for the period to be appropriated9905 | €135k | €2k | €168k | €325k | €411k | ▲ 26.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.10M | €2.02M | €2.16M | €2.80M | €3.10M | ▲ 10.5% |
| Fixed assets21/28 | €1.44M | €1.38M | €1.31M | €1.43M | €1.37M | ▼ 4.5% |
| Intangible fixed assets21 | €4k | €18k | €16k | €13k | €11k | ▼ 19.6% |
| Tangible fixed assets22/27 | €1.44M | €1.36M | €1.29M | €1.42M | €1.36M | ▼ 4.4% |
| Land and buildings22 | €990k | €969k | €949k | €1.08M | €1.05M | ▼ 3.2% |
| Plant, machinery and equipment23 | €433k | €380k | €342k | €335k | €292k | ▼ 12.8% |
| Furniture and vehicles24 | €11k | €5k | €2k | €1k | €17k | ▲ 1,195% |
| Leasing and similar rights25 | €8k | €3k | €1k | €0 | - | - |
| Financial fixed assets28 | €263 | €263 | €263 | €263 | €263 | = |
| Current assets29/58 | €653k | €642k | €848k | €1.37M | €1.73M | ▲ 26.3% |
| Stocks and contracts in progress3 | €49k | €171k | €128k | €110k | €203k | ▲ 85.2% |
| Stocks30/36 | €49k | €171k | €128k | €110k | €203k | ▲ 85.2% |
| Contracts in progress37 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €374k | €332k | €318k | €709k | €835k | ▲ 17.7% |
| Trade receivables40 | €335k | €244k | €246k | €607k | €655k | ▲ 8.0% |
| Other amounts receivable41 | €39k | €88k | €73k | €103k | €180k | ▲ 75.5% |
| Current investments50/53 | - | - | - | €350k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €230k | €140k | €402k | €200k | €675k | ▲ 238% |
| Deferred charges and accrued income490/1 | - | - | - | - | €16k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.10M | €2.02M | €2.16M | €2.80M | €3.10M | ▲ 10.5% |
| Equity10/15 | €609k | €611k | €704k | €789k | €700k | ▼ 11.2% |
| Contributions10/11 | €79k | €79k | €79k | €79k | €79k | = |
| Revaluation surpluses12 | €360k | €360k | €360k | €360k | €360k | = |
| Reserves13 | €171k | €173k | €266k | €350k | €262k | ▼ 25.3% |
| Non-distributable reserves130/1 | €8k | €8k | €8k | €8k | €8k | = |
| Reserves not available under the articles1311 | €8k | €8k | €8k | €8k | €8k | = |
| Distributable reserves133 | €163k | €165k | €258k | €342k | €254k | ▼ 25.9% |
| Profit (loss) carried forward14 | €0 | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €1.49M | €1.41M | €1.45M | €2.01M | €2.40M | ▲ 19.1% |
| Amounts payable after more than one year17 | €699k | €598k | €509k | €581k | €508k | ▼ 12.7% |
| Financial debts170/4 | €699k | €598k | €509k | €581k | €508k | ▼ 12.7% |
| Amounts payable within one year42/48 | €789k | €809k | €945k | €1.43M | €1.89M | ▲ 31.9% |
| Current portion of amounts payable after more than one year42 | €101k | €91k | €90k | €75k | €75k | ▼ 1.0% |
| Financial debts43 | €1k | €0 | - | - | - | - |
| Credit institutions430/8 | €1k | €0 | - | - | - | - |
| Trade debts44 | €497k | €507k | €283k | €678k | €664k | ▼ 2.0% |
| Suppliers440/4 | €497k | €507k | €283k | €678k | €664k | ▼ 2.0% |
| Advances received on contracts in progress46 | €0 | - | €289k | €250k | €375k | ▲ 50.0% |
| Taxes, remuneration and social security45 | €28k | €53k | €67k | €77k | €179k | ▲ 131% |
| Taxes450/3 | €8k | €28k | €38k | €71k | €163k | ▲ 129% |
| Remuneration and social security454/9 | €19k | €25k | €29k | €6k | €16k | ▲ 157% |
| Other amounts payable47/48 | €162k | €157k | €216k | €352k | €597k | ▲ 69.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €135k | €2k | €168k | €325k | €411k | ▲ 26.8% |
| + Depreciation and write-downs630 | €114k | €101k | €86k | €82k | €96k | ▲ 18.2% |
| Operating cash flow (approximation) | €249k | €103k | €254k | €406k | €508k | ▲ 25.0% |
| Investment in fixed assets (approximation) | - | €-32k | €-20k | €-205k | €-31k | ▲ 84.7% |
| Change in cash | - | €-91k | €262k | €-202k | €475k | ▲ 335% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €411k ▲26.8%
Operating result €585k, net result €411k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €135k
Net result €135k after one loss-making year.
31-12
Financial
Equity above €500kEq €609k ▲28.4%
Equity rises from €474k to €609k.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2020
31-12
Financial
Weakest financial yearnet €-150k
Net result drops to €-150k, the lowest in the series; recovery starts the following year.
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
Show earlier events
31-12
Financial
Equity above €500kEq €624k ▲208%
Equity rises from €202k to €624k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Turnhout · 1 establishment unit since 2012
Ground area
208 m²
Building footprint
208 m²
Volume, LiDAR
997 m³
Parcel 13453O0967/00L000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Muizenvenstraat 6, 2300 Turnhout
since 20122.214.050.239
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0967/00L000 | Flanders | 208 m² | 1 · 208 m² | 7.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,635 EUR awarded · 7,635 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 234 EUR | 234 EUR |
| 2024 | 1 | 2,667 EUR | 2,667 EUR |
| 2023 | 1 | 4,500 EUR | 4,500 EUR |
| 2022 | 1 | 234 EUR | 234 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DOBBELAERE PAINTING
BE 0839.809.766
Kaprijke · Eq €700,385
SMITZ & CO
BE 0466.044.121
Eeklo · Eq €700,494
ELTRIBEL
BE 0865.757.365
Merelbeke-Melle · Eq €708,927
HOLLEVOET SCHILDER- EN DECORATIEBEDRIJF
BE 0450.366.248
Veurne · Eq €691,355
PARA
BE 0428.088.912
Gent · Eq €710,085
Of 7,867 companies in sector 43341 we hold annual accounts for 2,663. 1,243 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
Founded30-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
95240Repair and maintenance of furniture and upholstery
Contact
E-mail
info@texturepainting.be
Scores and ratios are computed by Checked and are not a credit decision.