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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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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Castellins from Wevelgem, company number BE0416412684, closed financial year 2025 with a result of € 6 million after tax. For that financial year Castellins recorded revenue of € 49.1 million and equity of € 16.7 million. Compared with financial year 2024, the result moved from € 7.7 million to € 6 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 October 30, 2025.
€ 16.7 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6 million
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 613,410
▲ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.4 million paid out
73 % of the profit went to the shareholders, mostly to LAURATEX (100 % of the shares). That is where the money ends up.
People and assets in 2025
9.5
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 603,940
▲ 12% vs 2024
€ 63,600 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.
€ 61,976
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.1 million
▲ € 4.1 million vs 2024
€ 595,000 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 13.5 million
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 122 days on average.
€ 131,904
▼ 61% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 36,659,038 | € 42,297,477 | € 51,016,545 | € 49,106,516 | ▼ 4% |
| Profit after taxes | € 1,793,493 | € 4,357,057 | € 7,705,723 | € 5,994,583 | ▼ 22% |
| Equity | € 6,504,359 | € 10,211,416 | € 15,137,139 | € 16,731,722 | ▲ 11% |
| Total debts | € 8,924,727 | € 11,145,936 | € 17,102,050 | € 21,290,958 | ▲ 24% |
| Cash | € 458,208 | € 3,116,492 | € 329,231 | € 613,410 | ▲ 86% |
| Retained profit | € 6,392,807 | € 10,099,864 | € 15,025,587 | € 16,620,169 | ▲ 11% |
| Dividend | € 550,000 | € 650,000 | € 2,780,000 | € 4,400,000 | ▲ 58% |
| Bank debt | € 27,342 | € 18,316 | € 9,202 | € 4,091,029 | ▲ € 4.1 million |
| Balance sheet total | € 15,684,011 | € 22,469,179 | € 33,243,185 | € 38,989,595 | ▲ 17% |
| Employees (FTE) | 10.8 | 10.5 | 9.4 | 9.5 | ▲ 0.1 |
Key figures of Castellins, 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 October 2026.
What happened to Castellins?
What happened at Castellins in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KNOK-ESTATE BV stepped down as director. NBB
- Martine VLIEGHE stepped down as director. NBB
- LAURATEX BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6 million (▼ 22% vs 2024). Source: NBB ↗
- KNOK-ESTATE BV became a director. NBB
- LAURATEX BV became a director. NBB
- Martine VLIEGHE became a director. NBB
- New establishment in Wevelgem. KBO
In short
From € 1.8 million profit in 2022 to € 6 million profit in 2025.
Paid € 5.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 7.7 million profit.
Paid out € 8.4 million in dividends to the owners in total.
Management
The stake of LAURATEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CastellinsThe shares are held by LAURATEX (100%). It owns 100% of Tex-Corporation BV and 100% of Novofibre BV itself.
Directors
According to the 2025 annual accounts
Director · represented by Yves VANDECASTEELE
since 2021 · until 2027
Martine VLIEGHE
Director
Also active at: STOREX, TEX - CORPORATION, SPINNERIJKAAI, NovoFibre, Knok-Estate, STOREX BIS, STOREX TER, MOUSCRON-ESTATE
since 2020 · until 2027
Managing director · represented by Laurence VANDECASTEELE
Also active at: TEX - CORPORATION, NovoFibre
since 2021 · until 2027
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Drieslaan 4
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →STOREX same network
€ 4 million revenue · 2025
TEX - CORPORATION same network
€ 1.4 million revenue · 2025
SAN DESIGN
€ 6,168 gross margin · 2025
SPINNERIJKAAI same network
€ 199,041 revenue · 2025
LAURATEX same network
€ 3.1 million revenue · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.412.684
- VAT number
- BE 0416.412.684
- Registered office
- Drieslaan 4, 8560 Wevelgem
- Names & denominations
- Castellins
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1976
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Bewerken en spinnen van vlas- of vlasachtige vezels
Bewerken en spinnen van textielvezels
Groothandel in andere intermediaire producten, neg
Groothandel in overige intermediaire producten, n.e.g.
Groothandel in andere intermediaire producten, n.e.g.