TEXTYLE INTERNATIONAL
ActiveSummary
TEXTYLE INTERNATIONAL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.90M and a net result of €2.03M. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+3
Solvency100=
Growth45▲+3
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.65M at 30 days acceptable
Liquidity ample (current ratio 13.19 against 19.79 in 2024; short-term debt: 4.6% and cash: 0.1% of total assets), and 7.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
92.8%
Return on assets
9%
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
17 d late
2023
121 d late
2022
157 d late
2021
74 d late
2020
31 d late
2019
186 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€26.59M▲ 16.6%
2024 · €22.80M
2018: €27.88M
2019: €29.24M
2020: €24.69M
2021: €32.46M
2022: €44.83M
2023: €30.12M
2024: €22.80M
2018 → 2025
EBIT margin
13.9%▲ 3.1pp
2024 · 10.8%
2018: 5.0%
2019: 6.6%
2020: 6.3%
2021: 7.7%
2022: 11.8%
2023: 13.3%
2024: 10.8%
2018 → 2025
Net result
€2.03M▼ 11.2%
2024 · €2.29M
2018: €2.30M
2019: €2.08M
2020: €754k
2021: €2.56M
2022: €7.01M
2023: €5.01M
2024: €2.29M
2018 → 2025
Working capital
€12.72M▼ 2.1%
2024 · €13.00M
2018: €4.97M
2019: €5.28M
2020: €5.93M
2021: €7.23M
2022: €11.00M
2023: €11.98M
2024: €13.00M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€32.46M-€44.83M▲ 38.1%€30.12M▼ 32.8%€22.80M▼ 24.3%€26.59M▲ 16.6%
Equity€15.26M-€19.27M▲ 26.3%€21.02M▲ 9.1%€21.45M▲ 2.0%€20.90M▼ 2.6%
Operating result€2.48M-€5.27M▲ 112%€4.01M▼ 24.0%€2.46M▼ 38.5%€3.70M▲ 50.2%
Net result€2.56M-€7.01M▲ 174%€5.01M▼ 28.6%€2.29M▼ 54.2%€2.03M▼ 11.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 50% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.53M
Fixed assets
€8.76M ▼ 0.1%
Current assets
€13.77M ▲ 0.6%
Equity and liabilities €22.53M
Equity
€20.90M ▼ 2.6%
Debt
€1.63M ▲ 61.0%
Debt's share of the balance-sheet total rises from 4.5% to 7.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3.74M▲
2024 · €2.50M
Cash flow
€2.07M▼
2024 · €2.32M
Current ratio
13.19▼
2024 · 19.79
Quick ratio
12.84▼
2024 · 18.89
Debt to equity
0.08▲
2024 · 0.05
ROE
9.7%▼
2024 · 10.7%
ROA
9.0%▼
2024 · 10.2%
Interest coverage
329.18▼
2024 · 3023.50
Debt ≤ 1 year
€1.04M▲
2024 · €692k
Income taxes
€705k▼
2024 · €779k
Staff costs
€714k▲
2024 · €625k
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 · 79 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22.46M€22.53M▲
Fixed assets21/28€8.78M€8.76M▼
Tangible fixed assets22/27€72k€60k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€53k€50k▼
Other tangible fixed assets26€15k€8k▼
Financial fixed assets28€8.70M€8.70M=
Affiliated companies280/1€8.68M€8.68M=
Participating interests280€8.68M€8.68M=
Other financial fixed assets284/8€24k€24k▲
Amounts receivable and cash guarantees285/8€24k€24k▲
Current assets29/58€13.69M€13.77M▲
Amounts receivable after more than one year29-€1.50M
Trade receivables290-€1.50M
Stocks and contracts in progress3€623k€356k▼
Stocks30/36€623k€356k▼
Work in progress32€623k€356k▼
Amounts receivable within one year40/41€8.09M€8.29M▲
Trade receivables40€8.08M€8.28M▲
Other amounts receivable41€16k€9k▼
Current investments50/53€4.95M€3.56M▼
Other investments51/53€4.95M€3.56M▼
Cash at bank and in hand54/58€23k€33k▲
Deferred charges and accrued income490/1€2k€22k▲
Equity and liabilities
Total equity and liabilities10/49€22.46M€22.53M▲
Equity10/15€21.45M€20.90M▼
Contributions10/11€2.65M€2.65M=
Capital10€2.65M€2.65M=
Issued capital100€2.65M€2.65M=
Revaluation surpluses12€8.68M€8.68M=
Reserves13€10.12M€9.57M▼
Non-distributable reserves130/1€265k€265k=
Legal reserve130€265k€265k=
Tax-exempt reserves132€211k€211k=
Distributable reserves133€9.65M€9.10M▼
Amounts payable17/49€1.01M€1.63M▲
Amounts payable within one year42/48€692k€1.04M▲
Trade debts44€276k€777k▲
Suppliers440/4€276k€777k▲
Taxes, remuneration and social security45€366k€267k▼
Taxes450/3€284k€188k▼
Remuneration and social security454/9€82k€79k▼
Other amounts payable47/48€50k-
Accrued charges and deferred income492/3€320k€586k▲
Income statement
Code20242025
Operating income70/76A€23.29M€26.36M▲
Turnover70€22.80M€26.59M▲
Change in stocks of work in progress, finished goods and contracts in progress71€379k€-266k▼
Other operating income74€108k€41k▼
Operating charges60/66A€20.82M€22.66M▲
Goods for resale, raw materials and consumables60€18.70M€20.73M▲
Purchases600/8€18.70M€20.73M▲
Services and other goods61€1.44M€1.17M▼
Remuneration, social security and pensions62€625k€714k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€34k▲
Other operating charges640/8€16k€16k▼
Operating profit (loss)9901€2.46M€3.70M▲
Financial income75/76B€1.01M€688k▼
Recurring financial income75€1.01M€688k▼
Income from current assets751€212k€61k▼
Other financial income752/9€799k€627k▼
Financial charges65/66B€405k€1.65M▲
Recurring financial charges65€405k€1.65M▲
Debt charges650€826€11k▲
Other financial charges652/9€404k€1.64M▲
Profit (loss) for the period before taxes9903€3.07M€2.74M▼
Income taxes67/77€779k€705k▼
Taxes670/3€786k€705k▼
Tax adjustments and reversals of tax provisions77€7k-
Profit (loss) for the period9904€2.29M€2.03M▼
Transfer to tax-exempt reserves689€211k-
Profit (loss) for the period to be appropriated9905€2.08M€2.03M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.08M€2.03M▼
Transfer from equity791/2€1.86M€2.59M▲
From reserves792€1.86M€2.59M▲
Transfer to equity691/2€2.08M€2.03M▼
To other reserves6921€2.08M€2.03M▼
Profit to be distributed694/7€1.86M€2.59M▲
Return on contributions (dividend)694€1.86M€2.59M▲
Social balance
Average headcount (FTE)90877.27.3▲
The notes to these accounts (53 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 17 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 19.79
Current ratio from 8.54 to 19.79; short-term debt falls from €1.59M to €692k.
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 121 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 157 days late
2022
31-12
Financial
Highest result since 2018net €7.01M ▲174%
Operating result €5.27M, net result €7.01M, both a record.
31-12
Financial
Liquidity triplescurrent ratio 9.25
Current ratio from 2.76 to 9.25; short-term debt falls from €4.10M to €1.33M.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 74 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 186 days late
2020
31-12
Financial
Weakest financial yearnet €754k ▼63.8%
Net result drops to €754k, the lowest in the series; recovery starts the following year.
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Vilvoorde · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Luchthavenlaan 25 B1800 VilvoordeGround area
1.1 ha
Building footprint
2,393 m²
Volume, LiDAR
25,363 m³
Parcel 23644H0058/00K000, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TEXTYLE INTERNATIONAL
since 20022.096.287.685
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644H0058/00K000 | Flanders | 1.1 ha | 1 · 2,393 m² | 13.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300VSISKFY1267R34
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Of 1,311 companies in sector 46423 we hold annual accounts for 812. 95 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-07-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46412Wholesale of household textiles and bedding
46423Wholesale of clothing, excluding workwear and underwear
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.