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Texture Painting

Active Private limited companyfounded 2008active for 18 yearsMuizenvenstraat 6, 2300 TurnhoutKBO/BCE: BE 0807.584.881

Lifetime

17 annual accounts with figures on one time axis
peak €1.1m (2025)
€1.1m▲ 26.3%
lowest -€149,784 (2020)
€411,363▲ 26.8%
peak €788,875 (2024)
€700,238▼ 11.2%
€2.4m▲ 19.1%
peak 11.4 FTE (2017)
3.3 FTE▼ 40.0%
Board3 names since 2020
2 directorsR. Wuyts BV and 1 other
Owners
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €834,579 to €1.1mResult from €324,512 to €411,363Staff from 5.5 FTE to 3.3 FTEDividend €500,000Debts from €2.0m to €2.4mCash from €199,802 to €674,718

Key points

from the 2025 annual accounts

Equity

€700,238 ▼ 11.2%
788,8752024+411,363Profit-500,000Dividend700,2382025

Texture Painting paid out €500,000 in dividends. That is 122% of the 2025 profit.

Turnover

≈ €3.0m estimated

The abbreviated format states no turnover.

Debts

€2.4m 77% of the balance sheet
Financial debts 21%Suppliers 28%Taxes and wages 7%Other 44%

€375,831 of the debts are secured on the company's own assets. In 2021 that was €800,774.

Staff

3.3 FTE from 11.4 in 2017

Between 2017 and 2025, 71% of the full-time equivalents disappeared.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

The 2020 accounts came 4 days late. The other nine of the last ten were filed on time.

Position in the sector

€411,363

Higher net result than 95% of companies in specialised construction. Sector median €26,691 · 9,959 companies.

Checked score

91
Excellent
Financially stronger than 38% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Average

48-5equity 22.6% of total assets
45+12short-term debt 61.0% · cash 21.8%
85+2return on assets 13.3%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 06-07-2026)
Size: 3.3 FTE, total assets €3.1m
Founded in 2008
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 24% of them on solvency, 36% on liquidity, 69% on profitability and 23% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as Texture Painting has now. Each dot stands for 13 companies, two years later.

95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Texture Painting itself is lower: 0.1% within 12 months. It rests on far more data about Texture Painting than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,053 companies, not a prediction for Texture Painting. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €60,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.91 (0.96 in 2024), below 1. Short-term debt is 61% and cash 21.8% of total assets. 77.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 06-07-2026)
NBB · annual accounts
lowers risk · Size: 3.3 FTE, total assets €3.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9967 sector peers (2025).
NBB · sector comparison
Position among 9967 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 filings
Deviation from the deadline
2025
25 days early
2024
37 days early
2023
1 day early
2022
3 days early
2021
19 days early
2020
4 days late
2019
77 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RW
R. Wuyts BV
Director, since 30-06-2020
SI
Director, Schmeitz Bob Lambertus Maria, since 30-06-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0807584881
1 director appointed Change of role: WUYTS Ronny, from statutory director to director · Appointment: SCHMEITZ INTERNATIONAL (director) · Permanent representative: Schmeitz Bob Lambertus Maria · General meeting of 30-06-2020 · Gazette deed
Purpose change · Amendment of the articles “Aanbrengen van pleister- en stukadoorswerk (inclusief het aanbrengen van een hechtgrond) aan de binnen-of…” (deed in Dutch) · General meeting of 21-03-2019 · Gazette deed
First establishment Muizenvenstraat 6, Turnhout
All 29 events

Comparable companies

same main activity, similar in size and age
Company
Texture Painting Turnhout €3.1m €1.1m 22.6% 3.3
B-STUC Bilzen-Hoeselt €3.8m €1.1m 61.9% 4.5
KOEN VAN RIEL Wommelgem €1.7m €0.8m 28.9% 4
TERPENTIJN Bilzen-Hoeselt €4.1m €0.8m 38.7% 6
Huis van de Afwerking Bruges €3.6m €1.0m 15.8% 7.4
BLANC NUAGE Brussels €2.8m €0.8m 24.5% 7.2
BADEL Bastogne €2.0m €0.6m 55.1% 3.8

These companies have the same main activity as Texture Painting: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €1.7m and €4.1m, founded between 1996 and 2013.

Official details

Source: KBO
Status
Active since 30-10-2008Normal situation
Activity
Painting of buildingsNACE 43341and 1 other
Establishment unit
2.214.050.2392300 Turnhout, since 09-11-2012
Financial year end
31 December
Peppol
Reachable since 13-04-2026
Company details

Annual accounts 2025

€3.1m▲ 10.5%
Employeeson 31-12-2025
3▼ 40.0%
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on Texture Painting

Texture Painting files the abbreviated format. That format states no turnover. The gross margin rose from €24,231 in 2009 to €1.1m in 2025.

The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Texture Painting

What is the company number of Texture Painting?
The company number of Texture Painting is 0807.584.881. The VAT number is the same number with BE in front: BE 0807.584.881.
Where is Texture Painting based?
The registered office is at Muizenvenstraat 6, 2300 Turnhout.Company details
What does Texture Painting do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of Texture Painting?
Texture Painting is a private limited company (BV).
When was Texture Painting founded?
Texture Painting was founded on 30-10-2008.
Is Texture Painting still active?
Yes, Texture Painting is an active enterprise in the KBO register.
How many employees does Texture Painting have?
Texture Painting had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Texture Painting?
The turnover in financial year 2025 is ≈ €3.0m. This figure is estimated from the gross margin of €1.1m and 67 comparable companies (NACE 43). It probably lies between €2.3m and €4.0m.
Is Texture Painting profitable?
In financial year 2025, Texture Painting made a profit of €411,363.
Where can I find the annual accounts of Texture Painting?
Texture Painting filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Texture Painting due?
Texture Painting must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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