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TXR

Active
Private limited companyfounded 20233 yrs activeRue de l'Industrie 20, 1400 Nivelles, BelgiumKBO/BCE: BE 0799.092.730
Summary

The computed 12-month bankruptcy probability of TXR is 1.6% (moderate). The 2024 annual accounts show equity of €523,035 and a net result of €177,092. Its solvency ranks better than 42% of 316 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability74▼-18
Solvency60▲+6
Growth59
Track record94
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.49 in 2023; short-term debt: 61.2% and cash: 38.4% of total assets), but 64.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · 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 2 March 2023, TXR was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Turnover
€3.4m▲ 12.0%
2023 · €3.0m
EBIT margin
8.2%▼ 5.6pp
2023 · 13.8%
Net result
€177,092▼ 40.2%
2023 · €295,944
Working capital
€569,187▲ 45.9%
2023 · €390,249
Trend over the years

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

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Turnover€3.0m-€3.4m▲ 12.0%
Operating result€418,258-€278,679▼ 33.4%
Net result€295,944-€177,092▼ 40.2%
EBIT margin13.8%-8.2%▼ 5.6pp
Equity€345,944-€523,035▲ 51.2%
Total assets€1.2m-€1.5m▲ 24.5%
Debt€790,840-€903,982▲ 14.3%
Working capital€390,249-€569,187▲ 45.9%
Staff (FTE)1.4-3▲ 114%
Why a figure moved sharply
  • 2024 Equity +51% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000Operating result 2023: €418,258€418,258Net result 2023: €295,944€295,944Operating result 2024: €278,679€278,679Net result 2024: €177,092€177,09220232024€0€200,000€400,000Operating result 2023: €418,258€418,000Net result 2023: €295,944€296,000Operating result 2024: €278,679€279,000Net result 2024: €177,092€177,00020232024
The operating result falls in 2024; 2024 is 33% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets €3,849 ▼ 37.0%
Current assets €1.5m ▲ 24.8%
Equity and liabilities €1.5m
Equity €523,035 ▲ 51.2%
Provisions €50,000 =
Debt €903,982 ▲ 14.3%
Debt's share of the balance-sheet total falls from 66.6% to 61.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€280,935▼
2023 · €418,922
Cash flow
€179,348▼
2023 · €296,607
Current ratio
1.63▲
2023 · 1.49
Quick ratio
1.00▼
2023 · 1.21
Debt to equity
1.73▼
2023 · 2.29
ROE
33.9%▼
2023 · 85.5%
ROA
12.0%▼
2023 · 24.9%
Interest coverage
10.59▼
2023 · 61.96
Debt ≤ 1 year
€903,982▲
2023 · €790,430
Income taxes
€76,513▼
2023 · €116,120
Staff costs
€460,937▲
2023 · €193,046
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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 39,275 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.2m€1.5m▲
Fixed assets21/28€6,104€3,849▼
Tangible fixed assets22/27€6,104€3,849▼
Furniture and vehicles24€6,104€3,849▼
Current assets29/58€1.2m€1.5m▲
Stocks and contracts in progress3€223,182€567,264▲
Stocks30/36€223,182€567,264▲
Amounts receivable within one year40/41€606,986€318,652▼
Trade receivables40€594,493€263,588▼
Other amounts receivable41€12,492€55,064▲
Cash at bank and in hand54/58€349,964€566,560▲
Deferred charges and accrued income490/1€547€20,693▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.5m▲
Equity10/15€345,944€523,035▲
Contributions10/11€50,000€50,000=
Reserves13-€400,000
Distributable reserves133-€400,000
Profit (loss) carried forward14€295,944€73,035▼
Provisions and deferred taxes16€50,000€50,000=
Provisions for liabilities and charges160/5€50,000€50,000=
Other liabilities and charges164/5€50,000€50,000=
Amounts payable17/49€790,840€903,982▲
Amounts payable within one year42/48€790,430€903,982▲
Current portion of amounts payable after more than one year42-€194
Trade debts44€219,128€396,448▲
Suppliers440/4€219,128€396,448▲
Advances received on contracts in progress46€167,828€0▼
Taxes, remuneration and social security45€145,474€230,991▲
Taxes450/3€117,269€192,076▲
Remuneration and social security454/9€28,205€38,915▲
Other amounts payable47/48€258,000€276,349▲
Accrued charges and deferred income492/3€410€0▼
Income statement Code20232024
Turnover70€3.0m€3.4m▲
Goods, raw materials, services and sundry goods60/61€2.4m€2.7m▲
Remuneration, social security and pensions62€193,046€460,937▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€664€2,256▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€50,000-
Other operating charges640/8€487€1,537▲
Non-recurring operating charges66A€51-
Gross operating margin9900€662,506€743,410▲
Operating profit (loss)9901€418,258€278,679▼
Financial income75/76B€567€1,445▲
Recurring financial income75€567€1,445▲
Financial charges65/66B€6,761€26,519▲
Recurring financial charges65€6,761€26,519▲
Profit (loss) for the period before taxes9903€412,064€253,605▼
Income taxes67/77€116,120€76,513▼
Profit (loss) for the period9904€295,944€177,092▼
Profit (loss) for the period to be appropriated9905€295,944€177,092▼
Appropriation of the result
Profit (loss) to be appropriated9906€295,944€473,035▲
Profit (loss) brought forward from the previous period14P-€295,944
Transfer to equity691/2-€400,000
To other reserves6921-€400,000
Social balance
Average headcount (FTE)90871.43.0▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€3.0m€3.4m▲ 12.0%
Goods, raw materials, services and sundry goods60/61€2.4m€2.7m▲ 12.5%
Remuneration, social security and pensions62€193,046€460,937▲ 139%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€664€2,256▲ 240%
Provisions for liabilities and charges: additions (uses and reversals)635/8€50,000--
Other operating charges640/8€487€1,537▲ 216%
Non-recurring operating charges66A€51--
Gross operating margin9900€662,506€743,410▲ 12.2%
Operating profit (loss)9901€418,258€278,679▼ 33.4%
Financial income75/76B€567€1,445▲ 155%
Recurring financial income75€567€1,445▲ 155%
Financial charges65/66B€6,761€26,519▲ 292%
Recurring financial charges65€6,761€26,519▲ 292%
Profit (loss) for the period before taxes9903€412,064€253,605▼ 38.5%
Income taxes67/77€116,120€76,513▼ 34.1%
Profit (loss) for the period9904€295,944€177,092▼ 40.2%
Profit (loss) for the period to be appropriated9905€295,944€177,092▼ 40.2%
Line20232024Change
Assets
Total assets20/58€1.2m€1.5m▲ 24.5%
Fixed assets21/28€6,104€3,849▼ 37.0%
Tangible fixed assets22/27€6,104€3,849▼ 37.0%
Furniture and vehicles24€6,104€3,849▼ 37.0%
Current assets29/58€1.2m€1.5m▲ 24.8%
Stocks and contracts in progress3€223,182€567,264▲ 154%
Stocks30/36€223,182€567,264▲ 154%
Amounts receivable within one year40/41€606,986€318,652▼ 47.5%
Trade receivables40€594,493€263,588▼ 55.7%
Other amounts receivable41€12,492€55,064▲ 341%
Cash at bank and in hand54/58€349,964€566,560▲ 61.9%
Deferred charges and accrued income490/1€547€20,693▲ 3,684%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.5m▲ 24.5%
Equity10/15€345,944€523,035▲ 51.2%
Contributions10/11€50,000€50,000=
Reserves13-€400,000-
Distributable reserves133-€400,000-
Profit (loss) carried forward14€295,944€73,035▼ 75.3%
Provisions and deferred taxes16€50,000€50,000=
Provisions for liabilities and charges160/5€50,000€50,000=
Other liabilities and charges164/5€50,000€50,000=
Amounts payable17/49€790,840€903,982▲ 14.3%
Amounts payable within one year42/48€790,430€903,982▲ 14.4%
Current portion of amounts payable after more than one year42-€194-
Trade debts44€219,128€396,448▲ 80.9%
Suppliers440/4€219,128€396,448▲ 80.9%
Advances received on contracts in progress46€167,828€0▼ 100%
Taxes, remuneration and social security45€145,474€230,991▲ 58.8%
Taxes450/3€117,269€192,076▲ 63.8%
Remuneration and social security454/9€28,205€38,915▲ 38.0%
Other amounts payable47/48€258,000€276,349▲ 7.1%
Accrued charges and deferred income492/3€410€0▼ 100%
Line20232024Change
Profit (loss) for the period9904€295,944€177,092▼ 40.2%
+ Depreciation and write-downs630€664€2,256▲ 240%
Operating cash flow (approximation)€296,607€179,348▼ 39.5%
Investment in fixed assets (approximation)-€0-
Change in cash-€216,596-

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

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Timeline · acts, filings and financial milestones

2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €500,000Eq €523,035 ▲51.2%
2 profitable years in a row build equity to €523,035.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Nivelles · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
4,842 m²
Building footprint
2,423 m²
Volume, LiDAR
14,623 m³
Parcel 25782C0642/00C000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
59 companies at this address See who is registered here
1 establishment unit
TXR
Rue de l'Industrie 20, 1400 NivellesManufacture of machinery and equipment not elsewhere classified
since 20232.344.431.008
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25782C0642/00C000 Wallonia 4,842 m² 1 · 2,423 m² 9.6 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.

Structure & network

Owners and holdings

3 owners

Chain of control

  1. DezinvestFR 51%
  2. TXR

Highest known parent: Dezinvest (France). The sources do not say who stands above it.

Owners 3

Holdings 0

The accounts to 31-12-2024 list no holdings, and no other source names one.

According to the 2024 annual accounts of TXR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 53 companies in sector 28150 we hold annual accounts for 43. 28 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
Founded02-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
28150Manufacture of machinery and equipment not elsewhere classified
46649Wholesale of other machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799092730
Also 9925:BE0799092730
Registered 05-01-2026

Register as of 27 September 2026 · Peppol Directory

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