Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Utexbel from Ronse, company number BE0414196928, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year Utexbel recorded revenue of € 124.1 million and equity of € 33.8 million. Compared with financial year 2024, the result moved from € 2.3 million to € 1.7 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 4, 2026.
€ 33.8 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 479,409
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 25.2 million.
People and assets in 2025
637.5
▼ 15.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 32.6 million
▲ 2% vs 2024
€ 51,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6 million
▲ 61% vs 2024
Of which on lease € 5.7 million.
Debts at end 2025
€ 25.3 million
▲ 4% vs 2024
€ 5.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 18 million
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.
€ 7 million
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 119,167,436 | € 126,603,618 | € 125,404,258 | € 124,076,723 | ▼ 1% |
| Profit after taxes | € -402,661 | € 3,078,448 | € 2,265,323 | € 1,676,328 | ▼ 26% |
| Equity | € 27,122,505 | € 30,191,353 | € 32,297,076 | € 33,813,804 | ▲ 5% |
| Total debts | € 62,358,967 | € 54,159,618 | € 49,077,388 | € 57,198,582 | ▲ 17% |
| Cash | € 1,178,225 | € 127,579 | € 377,160 | € 479,409 | ▲ 27% |
| Land & buildings | - | - | - | € 401,488 | |
| Retained profit | € 18,511,026 | € 21,589,474 | € 23,704,797 | € 25,231,125 | ▲ 6% |
| Bank debt | € 31,941,690 | € 26,567,179 | € 24,417,646 | € 25,324,807 | ▲ 4% |
| Balance sheet total | € 90,799,442 | € 87,211,755 | € 84,038,590 | € 93,247,351 | ▲ 11% |
| Employees (FTE) | 676.6 | 665.5 | 653.4 | 637.5 | ▼ 15.9 |
Key figures of Utexbel, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Utexbel?
What happened at Utexbel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guido Vangeel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 26% vs 2024). Source: NBB ↗
- Beltex Invest BV stepped down as director. NBB
- Business Consulting Group BV stepped down as director. NBB
- Texbel Invest BV stepped down as director. NBB
- Jean-François Gribomont stepped down as director. NBB
- Guido Vangeel became a director. NBB
- Business Consulting Group BV became a director. NBB
In short
From € 402,661 loss in 2022 to € 1.7 million profit in 2025.
Paid € 327,253 in corporate taxes since 2022.
Best year ever: 2023, with € 3.1 million profit.
Pays suppliers within 78 days on average.
Management
The stake of Beltex Invest, Texbel Invest, PARTO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UtexbelThe shares are held by Beltex Invest (40.2%), Texbel Invest (37.3%) and PARTO (5%). It owns 100% of Filature Textiel Settat Industrie, 99.9% of Utexbel Yarns, 99.9% of Tissage de Baisieux and 99.6% of Parto itself.
Directors
According to the 2025 annual accounts
Director · represented by Aurélie Gribomont
since 2020 · until 2026
Director · represented by Benoit Thévelin
since 2024 · until 2026
Guido Vangeel
Director
since 2024 · until 2027
Director · represented by Henri Gribomont
since 2020 · until 2026
Jean-François Gribomont
Chairman of the board
Also active at: Immobilière Samain, Beltex Invest, UTEXBEL YARNS, Fedustria
since 2020 · until 2026
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
César Snoecklaan 30
9600 Ronse
Spinstersstraat 109
9600 Ronse
Active since 1 April 1974
Kapellestraat 72
9690 Kluisbergen
Active since 1 April 1974
Ninovestraat 90
9600 Ronse
Active since 8 June 2001
Bilemontstraat 26
7700 Mouscron
Active since 26 June 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.196.928
- VAT number
- BE 0414.196.928
- Registered office
- César Snoecklaan 30, 9600 Ronse
- Names & denominations
- Utexbel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1974
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Vervaardiging van katoenen of katoenachtige weefsels
Weven van textiel
Bewerken en spinnen van textielvezels
Twijnen en voorbewerken van zijde, met inbegrip van chappezijde en twijnen en textureren van synthetisch of kunstmatig vezelgaren
Schrijnwerk
Metaalschrijnwerk
Vervaardiging van kamwollen of kamwolachtige weefsels