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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 2026
Castellins from Wevelgem, company number BE0416412684, closed financial year 2026 with a result of € 4.2 million after tax. For that financial year Castellins recorded revenue of € 48 million and equity of € 16.4 million. Compared with financial year 2025, the result moved from € 6 million to € 4.2 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.
€ 16.4 million
▼ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.2 million
▼ 30% vs 2025
Profit after tax over the fiscal year.
€ 3 million
▲ € 2.4 million vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 4.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
11.6
▲ 2.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 772,359
▲ 28% vs 2025
€ 66,600 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.
€ 35,990
▼ 42% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 3 million
▼ 28% vs 2025
€ 720,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 12.4 million
▼ 8% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 99 days on average.
€ 153,664
▲ 16% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 42,297,477 | € 51,016,545 | € 49,106,516 | € 48,039,092 | ▼ 2% |
| Profit after taxes | € 4,357,057 | € 7,705,723 | € 5,994,583 | € 4,201,436 | ▼ 30% |
| Equity | € 10,211,416 | € 15,137,139 | € 16,731,722 | € 16,433,157 | ▼ 2% |
| Total debts | € 11,145,936 | € 17,102,050 | € 21,290,958 | € 17,903,079 | ▼ 16% |
| Cash | € 3,116,492 | € 329,231 | € 613,410 | € 2,981,996 | ▲ € 2.4 million |
| Retained profit | € 10,099,864 | € 15,025,587 | € 16,620,169 | € 16,321,605 | ▼ 2% |
| Dividend | € 650,000 | € 2,780,000 | € 4,400,000 | € 4,500,000 | ▲ 2% |
| Bank debt | € 18,316 | € 9,202 | € 4,091,029 | € 2,950,000 | ▼ 28% |
| Balance sheet total | € 22,469,179 | € 33,243,185 | € 38,989,595 | € 35,211,953 | ▼ 10% |
| Employees (FTE) | 10.5 | 9.4 | 9.5 | 11.6 | ▲ 2.1 |
Key figures of Castellins, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Castellins?
What happened at Castellins in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LAURATEX BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 4.2 million (▼ 30% vs 2025). Source: NBB ↗
- KNOK-ESTATE BV stepped down as director. NBB
- Martine VLIEGHE stepped down as director. NBB
- LAURATEX BV became a director. NBB
- KNOK-ESTATE BV became a director. NBB
- Martine VLIEGHE became a director. NBB
- New establishment in Wevelgem. KBO
In short
From € 4.4 million profit in 2023 to € 4.2 million profit in 2026.
Paid € 5.7 million in corporate taxes since 2023.
Best year ever: 2024, with € 7.7 million profit.
Paid out € 12.3 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 and 100% of Novofibre itself.
Directors
According to the 2026 annual accounts
Director · represented by Yves VANDECASTEELE
since 2021 · until 2026
Martine VLIEGHE
Director
Also active at: STOREX, TEX - CORPORATION, SPINNERIJKAAI, NovoFibre, Knok-Estate, STOREX BIS, STOREX TER, MOUSCRON-ESTATE
since 2020 · until 2026
Director · represented by VANDECASTEELE LAURENCE
Also active at: TEX - CORPORATION, NovoFibre
since 2026 · until 2032
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
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