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VANHOUTTE CARPETS

Active
Public limited companyfounded 199432 yrs activeWagenaarstraat 70, 8791 Waregem, BelgiumKBO/BCE: BE 0453.359.390
Summary

VANHOUTTE CARPETS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €503,121 and a net result of €129,951. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of textiles
NACE 13200Manufacture of textiles NACE 13930Manufacture of paper and paper products NACE 17250
1 site
Size
€2.9mtotal assets 2025
Staff
18 FTE
Equity
€503,121
Profit
€129,951
Net result -64%: other schema
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
T&F Invest · 100%
Accounts 44 d early0 of 9 deeds read
Why 93- Equity €503,121 (17.3% of total assets)+ Liquidity: current ratio 2.68, cash €601,440+ Figures for FY 2025 (filed 17-06-2026)+ Sector Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 13, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 42-17
equity 17.3% of total assets
Liquidity 62+1
short-term debt 31.4% · cash 20.6%
Profitability 74-6
return on assets 4.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (109 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%▲ +21.1% vs 02-2025 04-2025: 0.1%▲ +7.2% vs 03-2025 05-2025: 0.1%▲ +5.4% vs 04-2025 06-2025: 0.1%▲ +7.7% vs 05-2025 07-2025: < 0.1%▼ -46.4% vs 06-2025lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%▲ +8.9% vs 02-2026 04-2026: < 0.1%▲ +2.0% vs 03-2026 05-2026: 0.1%▲ +6.0% vs 04-2026 06-2026: 0.1%▲ +7.5% vs 05-2026 07-2026: 0.1%▲ +64.9% vs 06-2026highest value 08-2026: 0.1%● 0.0% vs 07-2026highest value 09-2026: 0.1%● 0.0% vs 08-2026highest value 10-2026: 0.1%● 0.0% vs 09-2026highest value
  • Liquidity: current ratio 2.68, cash €601,440 lowers the probability
  • Equity €503,121 (17.3% of total assets) raises the probability
  • Figures for FY 2025 (filed 17-06-2026) lowers the probability
  • Sector Manufacture of textiles (NACE 13) lowers the probability
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 2.68 against 2.7 in 2024; short-term debt: 31.4% and cash: 20.6% of total assets), but 82.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 13, small). Better than this share of them on solvency 14%, liquidity 83%, profitability 68%, growth against the median 6%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 2.68, cash €601,440
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Equity €503,121 (17.3% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 17-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Sector Manufacture of textiles (NACE 13)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 174 sector peers (2025).
NBB · sector comparison
Position among 174 sector peers
Solvency
better than 10%
← 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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 d early
2024
51 d early
2023
37 d early
2022
55 d early
2021
30 d late
2020
81 d early
2019
93 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

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. Usually files around 17 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Among the weakest 10% on solvencysector median 54.1% · 174 companies 17.3% View
  • Caution: Result fell in 2025different schema filed ▼ 64.0% View
  • Positive: 8 profitable years in a rowprofit 2025: €129,951 8 years View
  • Controlled by T&F Invest 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Flemish supportawarded 2022 - 2025 €87,907 View

By topic

Financials

Fiscal year
2025
Total assets
€2.9m
Profit
€129,951
Solvency
17.3%
Total assets▼ 25.0%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 17-06-2026Annual accounts filed
  2. 10-06-2025Annual accounts filed
  3. 24-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of textilesNACE 13200
Founded
08-09-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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