Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SEDAC - TEXTILES from Wevelgem, company number BE0418603696, closed financial year 2025 with a result of € -109,997 after tax. For that financial year SEDAC - TEXTILES recorded revenue of € 1.1 million and equity of € 443,075. Compared with financial year 2024, the result moved from € -46,267 to € -109,997. The company made a loss. 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 June 25, 2026.
€ 443,075
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -109,997
▼ 138 % more loss than in 2024
Profit after tax over the fiscal year.
€ 36,551
▲ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 378,075.
People and assets in 2025
2.2
Average over the fiscal year, from the social balance sheet.
€ 142,397
▼ 11% vs 2024
€ 64,700 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.
€ 14,714
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,000
▲ 150% vs 2024
Loans from banks and other lenders, long and short.
€ 299,774
▲ 137% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,952
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,799,577 | - | - | € 1,085,594 | |
| Gross margin | € 143,318 | € 179,475 | € 128,822 | € 45,361 | ▼ 65% |
| Profit after taxes | € -8,433 | € -7,823 | € -46,267 | € -109,997 | ▼ € 63,730 |
| Equity | € 606,153 | € 598,330 | € 553,072 | € 443,075 | ▼ 20% |
| Total debts | € 364,227 | € 254,937 | € 171,329 | € 400,725 | ▲ 134% |
| Cash | € 28,524 | € 30,648 | € 21,242 | € 36,551 | ▲ 72% |
| Retained profit | € 541,153 | € 533,330 | € 488,072 | € 378,075 | ▼ 23% |
| Bank debt | € 66,280 | € 43,403 | € 19,966 | € 50,000 | ▲ 150% |
| Balance sheet total | € 970,380 | € 853,267 | € 724,401 | € 843,800 | ▲ 16% |
| Employees (FTE) | 2.5 | 2.7 | 2.2 | 2.2 |
Key figures of SEDAC - TEXTILES, 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 SEDAC - TEXTILES?
What happened at SEDAC - TEXTILES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 109,997. Source: NBB ↗
- KWADRIX BVBA became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,433 loss in 2022 to € 109,997 loss in 2025.
Paid € 2,302 in corporate taxes since 2022.
On average € 20,600 of value added per employee in 2025.
Management
The stake of KWADRIX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SEDAC - TEXTILESBehind SEDAC - TEXTILES is KWADRIX BVBA. The shares are held by KWADRIX.
Directors
According to the 2025 annual accounts
Director · represented by Wim Alleweireld
since 2015
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vlamingstraat 7
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
INFOPACT-AS The Netherlands, NL
Domain
Domain
sedac-textiles.com
Registered
1999-09-30
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2026-09-30
Website info
Features
Security
Details
- Company number
- 0418.603.696
- VAT number
- BE 0418.603.696
- Registered office
- Vlamingstraat 7, 8560 Wevelgem
- Names & denominations
- SEDAC - TEXTILES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 1978
- Peppol
- Active · Active since 14 Jul 2025
- Contact
- sedac-textiles.com
- Activities · NACE
Groothandel in textiel
Groothandel in huishoudtextiel en beddengoed
Groothandel in ijzerwaren