Texworks
ActiveTexworks has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-26k) and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 749 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability49▲+19
Solvency21=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67 against 0.68 in 2023; short-term debt: 100.3% and cash: 4.2% of total assets), and equity is negative.
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 · 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-4.2%
Return on assets
-0.9%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-26k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d late
2023
28 d late
2022
30 d late
2021
5 d late
2020
30 d late
2019
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-26k▼ 26.3%
2023 · €-21k
2018: €-22k
2019: €-75k
2020: €33k
2021: €28k
2022: €12k
2023: €-21k
2018 → 2024
Total assets
€630k▲ 20.4%
2023 · €523k
2018: €818k
2019: €654k
2020: €493k
2021: €487k
2022: €539k
2023: €523k
2018 → 2024
Net result
€-5k▲ 83.3%
2023 · €-33k
2018: €2k
2019: €-53k
2020: €-92k
2021: €-5k
2022: €-16k
2023: €-33k
2018 → 2024
Working capital
€-210k▼ 25.1%
2023 · €-168k
2018: €-370k
2019: €-340k
2020: €-97k
2021: €-92k
2022: €-109k
2023: €-168k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€28k▼ 15.1%€12k▼ 57.2%€-21k€-26k▼ 26.3%
Operating result€-82k-€1k€-6k€-19k▼ 206%€13k
Net result€-92k-€-5k▲ 94.7%€-16k▼ 223%€-33k▼ 106%€-5k▲ 83.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €19k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €630k
Fixed assets
€208k▲ 29.6%
Current assets
€423k▲ 16.3%
Key figures and ratios
EBITDA
€72k▲
2023 · €31k
Cash flow
€53k▲
2023 · €17k
Solvency
-4.2%▼
2023 · -4.0%
Current ratio
0.67▼
2023 · 0.68
Quick ratio
0.65▼
2023 · 0.66
Debt / equity
-25.00▲
2023 · -26.18
ROA
-0.9%▲
2023 · -6.2%
Interest coverage
3.76▲
2023 · 2.25
Debt
€656k▲
2023 · €544k
Debt ≤ 1 year
€632k▲
2023 · €531k
Debt > 1 year
€10k▲
2023 · €3k
Income taxes
€174▲
2023 · €165
Staff costs
€529k▼
2023 · €539k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€523k€630k▲
Fixed assets21/28€160k€208k▲
Tangible fixed assets22/27€146k€194k▲
Plant, machinery and equipment23€144k€192k▲
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€14k€14k=
Current assets29/58€363k€423k▲
Stocks and contracts in progress3€13k€13k▼
Stocks30/36€13k€13k▼
Amounts receivable within one year40/41€299k€369k▲
Trade receivables40€299k€369k▲
Other amounts receivable41€135€135=
Cash at bank and in hand54/58€33k€27k▼
Deferred charges and accrued income490/1€18k€15k▼
Equity and liabilities
Total equity and liabilities10/49€523k€630k▲
Equity10/15€-21k€-26k▼
Contributions10/11€125k€125k=
Reserves13€211€211=
Distributable reserves133€211€211=
Profit (loss) carried forward14€-146k€-151k▼
Amounts payable17/49€544k€656k▲
Amounts payable after more than one year17€3k€10k▲
Financial debts170/4€3k€10k▲
Amounts payable within one year42/48€531k€632k▲
Current portion of amounts payable after more than one year42€12k€2k▼
Financial debts43€126k€125k▼
Credit institutions430/8€126k€125k▼
Trade debts44€125k€146k▲
Suppliers440/4€125k€146k▲
Taxes, remuneration and social security45€176k€252k▲
Taxes450/3€88k€152k▲
Remuneration and social security454/9€88k€100k▲
Other amounts payable47/48€93k€108k▲
Accrued charges and deferred income492/3€10k€14k▲
Income statement
Code20232024
Remuneration, social security and pensions62€539k€529k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€59k▲
Other operating charges640/8€38k€22k▼
Gross operating margin9900€607k€623k▲
Operating profit (loss)9901€-19k€13k▲
Financial income75/76B€42€629▲
Recurring financial income75€42€629▲
Financial charges65/66B€14k€19k▲
Recurring financial charges65€14k€19k▲
Profit (loss) for the period before taxes9903€-33k€-5k▲
Income taxes67/77€165€174▲
Profit (loss) for the period9904€-33k€-5k▲
Profit (loss) for the period to be appropriated9905€-33k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-146k€-151k▼
Profit (loss) brought forward from the previous period14P€-113k€-146k▼
Social balance
Average headcount (FTE)908714.413.3▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 41 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-92k
Net result drops to €-92k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
01-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Begijnendijk · 1 establishment unit since 1979
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.
Pastorijstraat 163130 BegijnendijkGround area
3,107 m²
Building footprint
1,668 m²
Volume, LiDAR
7,464 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pastorijstraat 18, 3130 Begijnendijk
since 19792.016.833.601
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24010B0074/00G002 | Flanders | 2,765 m² | 1 · 1,527 m² | 8.4 m · 1 fl. |
| 24010B0074/00H002 | Flanders | 342 m² | 1 · 141 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 429 companies in sector 96101 we hold annual accounts for 254. 105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-1979
Fiscal year end31-12
Activities, NACEBEL
93011
96101Personal service activities
46412Wholesale of household textiles and bedding
47512Retail sale of household textiles and bedding
51410
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.