Summary
TEXAF has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €56.87M and a net result of €2.49M. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 4556 sector peers (fiscal year 2025). The company has been active since 1925 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 27-05-2026, 65 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
65 d early
2024
77 d early
2023
77 d early
2022
77 d early
2021
76 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€4.57M▲ 3.9%
2023 · €4.40M
2021: €3.93Mlowest value
2023: €4.40M
2025: €4.57Mhighest value
2021 → 2025
EBIT margin
27.8%▼ 10.1pp
2023 · 37.9%
2021: 27.0%lowest value
2023: 37.9%highest value
2025: 27.8%
2021 → 2025
Net result
€2.49M▼ 24.6%
2023 · €3.30M
2021: €2.40Mlowest value
2023: €3.30Mhighest value
2025: €2.49M
2021 → 2025
Working capital
€-14.33M▲ 32.5%
2023 · €-21.23M
2021: €1.60Mhighest value
2023: €-21.23Mlowest value
2025: €-14.33M
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120232025Trend
Turnover€3.93M-€4.40M▲ 11.9%€4.57M▲ 3.9%
2021: €3.93Mlowest value
2023: €4.40M
2025: €4.57Mhighest value
Equity€51.16M-€45.36M▼ 11.3%€56.87M▲ 25.4%
2021: €51.16M
2023: €45.36Mlowest value
2025: €56.87Mhighest value
Operating result€1.06M-€1.67M▲ 56.8%€1.27M▼ 23.9%
2021: €1.06Mlowest value
2023: €1.67Mhighest value
2025: €1.27M
Net result€2.40M-€3.30M▲ 37.8%€2.49M▼ 24.6%
2021: €2.40Mlowest value
2023: €3.30Mhighest value
2025: €2.49M
Result per fiscal year
Operating resultNet result
The operating result is €1.27M in 2025, compared with €1.67M in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €74.83M
Fixed assets
€72.53M ▲ 6.3%
Current assets
€2.30M ▼ 2.4%
Equity and liabilities €74.83M
Equity
€56.87M ▲ 25.4%
Debt
€17.96M ▼ 28.9%
Debt's share of the balance-sheet total falls from 35.8% to 24.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
4.4%▼
2023 · 7.3%
ROA
3.3%▼
2023 · 4.7%
Debt ≤ 1 year
€16.63M▼
2023 · €23.58M
Debt > 1 year
€923k▼
2023 · €983k
Income taxes
€116k▲
2023 · €107k
Staff costs
€299k▲
2023 · €235k
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 2023 · 81 lines
Balance sheet
Code20232025
Assets
Total assets20/58€70.62M€74.83M▲
Fixed assets21/28€68.26M€72.53M▲
Tangible fixed assets22/27€8.18M€7.03M▼
Land and buildings22€8.12M€6.97M▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€56k€62k▲
Financial fixed assets28€60.09M€65.50M▲
Affiliated companies280/1€56.83M€56.18M▼
Participating interests280€52.86M€53.39M▲
Amounts receivable281€3.98M€2.79M▼
Companies linked by participating interests282/3€2.31M€7.74M▲
Participating interests282€492k€499k▲
Amounts receivable283€1.82M€7.24M▲
Other financial fixed assets284/8€940k€1.57M▲
Shares284€939k€1.57M▲
Amounts receivable and cash guarantees285/8€464€464=
Current assets29/58€2.35M€2.30M▼
Stocks and contracts in progress3€460k-
Stocks30/36€460k-
Property held for sale35€460k-
Amounts receivable within one year40/41€172k€132k▼
Trade receivables40€20k€66k▲
Other amounts receivable41€153k€65k▼
Current investments50/53€1.00M€983k▼
Other investments51/53€1.00M€983k▼
Cash at bank and in hand54/58€707k€1.17M▲
Deferred charges and accrued income490/1€15k€8k▼
Equity and liabilities
Total equity and liabilities10/49€70.62M€74.83M▲
Equity10/15€45.36M€56.87M▲
Contributions10/11€25.50M€25.50M=
Capital10€25.50M€25.50M=
Issued capital100€25.50M€25.50M=
Reserves13€10.30M€10.30M=
Non-distributable reserves130/1€2.55M€2.55M=
Legal reserve130€2.55M€2.55M=
Tax-exempt reserves132€7.63M€7.63M=
Distributable reserves133€119k€119k=
Profit (loss) carried forward14€9.56M€21.07M▲
Amounts payable17/49€25.26M€17.96M▼
Amounts payable after more than one year17€983k€923k▼
Other amounts payable178/9€983k€923k▼
Amounts payable within one year42/48€23.58M€16.63M▼
Trade debts44€393k€492k▲
Suppliers440/4€393k€492k▲
Taxes, remuneration and social security45€180k€264k▲
Taxes450/3€158k€233k▲
Remuneration and social security454/9€22k€31k▲
Other amounts payable47/48€23.01M€15.87M▼
Accrued charges and deferred income492/3€692k€415k▼
Income statement
Code20232025
Operating income70/76A€4.43M€4.60M▲
Turnover70€4.40M€4.57M▲
Other operating income74€20k€19k▼
Non-recurring operating income76A€5k€6k▲
Operating charges60/66A€2.76M€3.33M▲
Services and other goods61€1.16M€1.32M▲
Remuneration, social security and pensions62€235k€299k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€712k€600k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17k€27k▲
Other operating charges640/8€639k€1.08M▲
Operating profit (loss)9901€1.67M€1.27M▼
Financial income75/76B€1.05M€858k▼
Recurring financial income75€1.05M€858k▼
Income from financial fixed assets750€1.00M€731k▼
Income from current assets751€6k€81k▲
Other financial income752/9€39k€46k▲
Financial charges65/66B€-695k€-480k▲
Recurring financial charges65€-695k€-480k▲
Debt charges650€26k€255k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-726k€-786k▼
Other financial charges652/9€5k€51k▲
Profit (loss) for the period before taxes9903€3.41M€2.61M▼
Income taxes67/77€107k€116k▲
Taxes670/3€145k€116k▼
Tax adjustments and reversals of tax provisions77€38k-
Profit (loss) for the period9904€3.30M€2.49M▼
Profit (loss) for the period to be appropriated9905€3.30M€2.49M▼
Appropriation of the result
Profit (loss) to be appropriated9906€15.59M€27.99M▲
Profit (loss) brought forward from the previous period14P€12.29M€25.49M▲
Profit to be distributed694/7€6.02M€6.91M▲
Return on contributions (dividend)694€6.02M€6.91M▲
Social balance
Average headcount (FTE)90872.01.9▼
The notes to these accounts (67 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|
| Operating income70/76A | €3.94M | €4.43M | €4.60M | - |
| Turnover70 | €3.93M | €4.40M | €4.57M | - |
| Other operating income74 | €10k | €20k | €19k | - |
| Non-recurring operating income76A | - | €5k | €6k | - |
| Operating charges60/66A | €2.88M | €2.76M | €3.33M | - |
| Services and other goods61 | €1.08M | €1.16M | €1.32M | - |
| Remuneration, social security and pensions62 | €27k | €235k | €299k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €632k | €712k | €600k | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €16k | €17k | €27k | - |
| Other operating charges640/8 | €1.13M | €639k | €1.08M | - |
| Operating profit (loss)9901 | €1.06M | €1.67M | €1.27M | - |
| Financial income75/76B | €657k | €1.05M | €858k | - |
| Recurring financial income75 | €657k | €1.05M | €858k | - |
| Income from financial fixed assets750 | - | €1.00M | €731k | - |
| Income from current assets751 | €645k | €6k | €81k | - |
| Other financial income752/9 | €12k | €39k | €46k | - |
| Financial charges65/66B | €-665k | €-695k | €-480k | - |
| Recurring financial charges65 | €-665k | €-695k | €-480k | - |
| Debt charges650 | €438 | €26k | €255k | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | €-670k | €-726k | €-786k | - |
| Other financial charges652/9 | €4k | €5k | €51k | - |
| Profit (loss) for the period before taxes9903 | €2.39M | €3.41M | €2.61M | - |
| Income taxes67/77 | €-10k | €107k | €116k | - |
| Taxes670/3 | €73k | €145k | €116k | - |
| Tax adjustments and reversals of tax provisions77 | €82k | €38k | - | - |
| Profit (loss) for the period9904 | €2.40M | €3.30M | €2.49M | - |
| Profit (loss) for the period to be appropriated9905 | €2.40M | €3.30M | €2.49M | - |
| Line | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €58.96M | €70.62M | €74.83M | - |
| Fixed assets21/28 | €51.17M | €68.26M | €72.53M | - |
| Tangible fixed assets22/27 | €9.18M | €8.18M | €7.03M | - |
| Land and buildings22 | €8.99M | €8.12M | €6.97M | - |
| Plant, machinery and equipment23 | €143k | €3k | €4k | - |
| Furniture and vehicles24 | €48k | €56k | €62k | - |
| Financial fixed assets28 | €41.99M | €60.09M | €65.50M | - |
| Affiliated companies280/1 | €41.33M | €56.83M | €56.18M | - |
| Participating interests280 | €24.86M | €52.86M | €53.39M | - |
| Amounts receivable281 | €16.46M | €3.98M | €2.79M | - |
| Companies linked by participating interests282/3 | - | €2.31M | €7.74M | - |
| Participating interests282 | - | €492k | €499k | - |
| Amounts receivable283 | - | €1.82M | €7.24M | - |
| Other financial fixed assets284/8 | €669k | €940k | €1.57M | - |
| Shares284 | €669k | €939k | €1.57M | - |
| Amounts receivable and cash guarantees285/8 | €464 | €464 | €464 | - |
| Current assets29/58 | €7.79M | €2.35M | €2.30M | - |
| Stocks and contracts in progress3 | €460k | €460k | - | - |
| Stocks30/36 | €460k | €460k | - | - |
| Property held for sale35 | €460k | €460k | - | - |
| Amounts receivable within one year40/41 | €4.71M | €172k | €132k | - |
| Trade receivables40 | €80k | €20k | €66k | - |
| Other amounts receivable41 | €4.63M | €153k | €65k | - |
| Current investments50/53 | €1.80M | €1.00M | €983k | - |
| Other investments51/53 | €1.80M | €1.00M | €983k | - |
| Cash at bank and in hand54/58 | €819k | €707k | €1.17M | - |
| Deferred charges and accrued income490/1 | €1k | €15k | €8k | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €58.96M | €70.62M | €74.83M | - |
| Equity10/15 | €51.16M | €45.36M | €56.87M | - |
| Contributions10/11 | €25.50M | €25.50M | €25.50M | - |
| Capital10 | €25.50M | €25.50M | €25.50M | - |
| Issued capital100 | €25.50M | €25.50M | €25.50M | - |
| Reserves13 | €10.30M | €10.30M | €10.30M | - |
| Non-distributable reserves130/1 | €2.55M | €2.55M | €2.55M | - |
| Legal reserve130 | €2.55M | €2.55M | €2.55M | - |
| Tax-exempt reserves132 | €7.63M | €7.63M | €7.63M | - |
| Distributable reserves133 | €119k | €119k | €119k | - |
| Profit (loss) carried forward14 | €15.37M | €9.56M | €21.07M | - |
| Amounts payable17/49 | €7.80M | €25.26M | €17.96M | - |
| Amounts payable after more than one year17 | €869k | €983k | €923k | - |
| Other amounts payable178/9 | €869k | €983k | €923k | - |
| Amounts payable within one year42/48 | €6.19M | €23.58M | €16.63M | - |
| Trade debts44 | €315k | €393k | €492k | - |
| Suppliers440/4 | €315k | €393k | €492k | - |
| Taxes, remuneration and social security45 | €246k | €180k | €264k | - |
| Taxes450/3 | €244k | €158k | €233k | - |
| Remuneration and social security454/9 | €2k | €22k | €31k | - |
| Other amounts payable47/48 | €5.63M | €23.01M | €15.87M | - |
| Accrued charges and deferred income492/3 | €739k | €692k | €415k | - |
| Line | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.40M | €3.30M | €2.49M | - |
| + Depreciation and write-downs630 | €632k | €712k | €600k | - |
| Operating cash flow (approximation) | €3.03M | €4.01M | €3.09M | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €50MEq €56.87M ▲25.4%
3 profitable years in a row build equity to €56.87M.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2021net €3.30M ▲37.8%
Operating result €1.67M, net result €3.30M, both a record.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 48 acts read
About the unread acts
We know of 48 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
48 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, Brussel · 1 establishment unit since 1925
Ground area
433 m²
Building footprint
401 m²
Volume, LiDAR
10,818 m³
Parcel 21807G0053/00Y000, Brussels · tallest building 34.3 m, ±10 floors. Linked by address, not a title deed.
19
companies at this address
See who is registered here
1 establishment unit
Louizalaan 130A, 1050 Elsene
since 19252.104.725.794
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0053/00Y000 | Brussels | 433 m² | 1 · 401 m² | 34.3 m · 10 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
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
controls
TEXAFBE 0403.218.607
Recognitions · licences · registrations
Legal Entity Identifier
549300RKDRX166QXEE44
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 552 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-08-1925
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
10 convocationsExtraordinary general meeting
Agenda
suivant. L’assemblée se tiendra uniquement en présentiel chez TreeTop Asset Management, rue des Francs 79, à 1040 Etterbeek. ORDRE DU JOUR : I. Assemblée générale extraordinaire 1. Rapport spécial du conseil d’administration, établi en application de l’article 7 :199 du Code des sociétés et des associations, motivant la création d’un capital autorisé, objet du point 2, ci-après. 2. Proposition d’autoriser le conseil d’administration (a) à augmenter le capital social, en une ou plusieurs fois, d’un montant maximum de vingt-cinq millions euros (25.000.000 EUR), même par incorporation de réserves, et (b) dans cette même limite, à émettre des obligations convertibles et/ou des droits de souscrip ...
General meeting
Agenda
suivant. L’assemblée se tiendra uniquement en présentiel chez TreeTop Asset Management, avenue des Francs 79, à 1040 Etterbeek. ORDRE DU JOUR 1. Présentation des comptes statutaires et consolidés arrêtés au 31 décembre 2023 et du rapport de gestion du Conseil d’Administra- tion. 2. Rapports du commissaire sur les comptes statutaires et consolidés arrêtés au 31 décembre 2023. 3. Proposition d’approuver les comptes annuels arrêtés au 31 décembre 2023 ainsi que l’affectation du résultat. Proposition de distribuer 6.023.628 EUR soit 1,64286 EUR (1,15 EUR net) par action par action payable à partir du 30 mai 2024 auprès des guichets de la banque Belfius
General meeting
Agenda
suivant. Eu égard aux mesures préventives de contamination, et conformé- ment à l’article 34 des statuts, l’assemblée se tiendra uniquement par communication électronique. Le site internet www.texaf.be donne les informations nécessaires
General meeting
Agenda
. A l’issue de l’assemblée générale les actionnaires sont conviés à une réception en l’honneur de la fin de mandat de Monsieur Herman De Croo. Cette réception sera suivie d’une visite du musée. 37882 MONITEUR BELGE — 12.04.2019 — BELGISCH STAATSBLAD ORDRE DU JOUR : 1. Rapport de gestion du conseil d’administration sur les comptes sociaux et consolidés arrêtés au 31 décembre 2018. 2. Rapports du commissaire sur les comptes sociaux et consolidés arrêtés au 31 décembre 2018. 3. Proposition d’approuver les comptes annuels arrêtés au 31 décembre 2018 ainsi que l’affectation du résultat. Proposition de distribuer 3.442.451 EUR soit 0,97 EUR (0,68 EUR net) par action payable à partir du 17 mai 2019 ...
General meeting
Agenda
suivant : ORDRE DU JOUR 1. Rapport de gestion du Conseil d’Administration sur les comptes sociaux et consolidés arrêtés au 31 décembre 2016. 2. Rapports du commissaire sur les comptes sociaux et consolidés arrêtés au 31 décembre 2016. 3. Proposition d’approuver les comptes annuels arrêtés au 31 décembre 2016 ainsi que l’affectation du résultat. Proposition de distribuer 2.429.965 EUR soit 0,69 EUR (0,48 EUR net) par action payable à partir du 19 mai 2017 auprès des guichets de la banque Belfius
Show 5 more convocations
General meeting
Agenda
suivant : Ordre du jour 1. Rapport de gestion du Conseil d’administration sur les comptes sociaux et consolidés arrêtés au 31 décembre 2015. 2. Rapports du commissaire sur les comptes sociaux et consolidés arrêtés au 31 décembre 2015. 3. Proposition d’approuver les comptes annuels arrêtés au 31 décembre 2015 ainsi que l’affectation du résultat. Proposition de distribuer 2.038.840 EUR, soit 0,58 EUR (0,42 EUR net) par action payable à partir du 20 mai 2016 auprès des guichets de la banque Belfius
Extraordinary general meeting
Agenda
suivant : ORDRE DU JOUR – PARTIE ORDINAIRE 1. Rapport de gestion du Conseil d’Administration sur les comptes sociaux et consolidés arrêtés au 31 décembre 2013. 2. Rapports du commissaire sur les comptes sociaux et consolidés arrêtés au 31 décembre 2013. 3. Proposition d’approuver les comptes annuels arrêtés au 31 décembre 2013 ainsi que l’affectation du résultat. Proposition de distribuer 1.275.732 EUR soit 0,40 EUR (0,30 EUR net) par action payable à partir du 23 mai 2014 auprès des guichets de la banque Belfius contre remise du coupon n° 3. 4. Proposition d’approuver le rapport de rémunération relatif à l’exercice 2013 et proposition d’approuver les rémunérations variables des administrate ...
General meeting
Agenda
suivant : ORDRE DU JOUR 1. Rapport de gestion du Conseil d’Administration sur les comptes sociaux et consolidés arrêtés au 31 décembre 2012. 2. Rapports du commissaire sur les comptes sociaux et consolidés arrêtés au 31 décembre 2012. 3. Proposition d’approuver les comptes annuels arrêtés au 31 décembre 2012 ainsi que l’affectation du résultat. Proposition de distribuer 1.063.110 EUR soit un dividende par action de 0,33 EUR (0,25 EUR net), payable à partir du 24 mai 2013 auprès des guichets de la banque Belfius contre remise du coupon n° 2. 4. Proposition d’approuver le rapport de rémunération relatif à l’exercice 2012 et proposition d’approuver les rémunérations variables des administrateur ...
General meeting
Agenda
suivant : ORDRE DU JOUR 1. Rapport de gestion du conseil d’administration sur les comptes sociaux et consolidés arrêtés au 31 décembre 2011. 2. Rapports du commissaire sur les comptes sociaux et consolidés arrêtés au 31 décembre 2011. 3. Proposition d’approuver les comptes annuels arrêtés au 31 décembre 2011 ainsi que l’affectation du résultat. Proposition de distribuer 893.013 EUR soit un dividende par action de 0,28 EUR (0,21 EUR net), payable à partir du 22 mai 2012 auprès des guichets de la banque Belfius contre remise du coupon n° 15. 4. Proposition d’approuver le rapport de rémunération relatif à l’exercice 2011. 5. Proposition de donner décharge aux administrateurs
General meeting
Agenda
1. Rapport de gestion du conseil d’administration sur les comptes sociaux et consolidés arrêtés au 31 décembre 2010. 2. Rapports du commissaire sur les comptes sociaux et consolidés arrêtés au 31 décembre 2010. 3. Proposition d’approuver les comptes annuels arrêtés au 31 décembre 2010 ainsi que l’affectation du résultat. Proposition de distribuer 735.672 EUR soit un dividende par action de 2,31 EUR (1,73 EUR net), payable à partir du 12 mai 2011 auprès des guichets de la banque Dexia contre remise du coupon n° 14. 4. Proposition de donner décharge aux administrateurs