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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 21.8 to 11.1.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Vegotex International from Sint-Niklaas, company number BE0422804489, closed financial year 2025 with a result of € -8 million after tax. For that financial year Vegotex International recorded revenue of € 17.1 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € -5.8 million to € -8 million. The company made a loss. The buffer shrank hard: equity is 66 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 18, 2025.
€ 4.2 million
▼ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8 million
▼ 37 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.4 million.
People and assets in 2025
11.1
▼ 7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 52% vs 2024
€ 252,900 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.
€ 0
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 145,038
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 1.3 million
▼ 47% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 35,013,358 | € 42,695,802 | € 37,258,056 | € 17,142,310 | ▼ 54% |
| Profit after taxes | € -786,013 | € -1,704,497 | € -5,798,115 | € -7,950,174 | ▼ € 2.2 million |
| Equity | € 19,617,893 | € 17,913,395 | € 12,115,280 | € 4,165,106 | ▼ 66% |
| Total debts | € 10,094,093 | € 12,295,263 | € 14,004,008 | € 1,404,202 | ▼ 90% |
| Cash | € 9,725,495 | € 4,460,867 | € 7,091,131 | € 1,388,590 | ▼ 80% |
| Retained profit | € 16,819,507 | € 15,115,010 | € 9,316,895 | € 1,366,720 | ▼ 85% |
| Bank debt | € 6,565,900 | € 9,617,155 | € 11,163,008 | € 0 | ▼ 100% |
| Balance sheet total | € 29,711,985 | € 30,208,658 | € 26,119,288 | € 6,869,308 | ▼ 74% |
| Employees (FTE) | 26.4 | 21.8 | 18.1 | 11.1 | ▼ 7 |
Key figures of Vegotex International, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Vegotex International?
What happened at Vegotex International in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8 million. Source: NBB ↗
- SA GOLAMI EUROPE BO stepped down as director. NBB
- CHARLES GOTLIB stepped down as director. NBB
- SA GOLAMI EUROPE BO became a director. NBB
- CHARLES GOTLIB became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Sint-Niklaas. KBO
In short
From € 786,013 loss in 2022 to € 8 million loss in 2025.
Paid € 8,798 in corporate taxes since 2022.
Pays suppliers within 3 days on average.
A new publication or filing at Vegotex International? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by GOLAMI EUROPE SA BO (100%). It owns 65% of D.T.O, 65% of D.T.O. Hong Kong Limited (LTD) and 20% of Neworch S.A.S. itself.
Directors
According to the 2025 annual accounts
SA GOLAMI EUROPE BO
Director · represented by ALPHONSE MANGEN
since 2019 · until 2025
CHARLES GOTLIB
Director
since 2019 · until 2025
Shareholders
GOLAMI EUROPE SA BO
100%
Participations
Establishments
Establishment units
Physical locations of this company
Oostjachtpark 1
9100 Sint-Niklaas
Hoge Heerweg 32
9100 Sint-Niklaas
Active since 1 January 1982
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0422.804.489
- VAT number
- BE 0422.804.489
- Registered office
- Oostjachtpark 1, 9100 Sint-Niklaas
- Names & denominations
- Vegotex International
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 1982
- Peppol
- Not registered
- Contact
- vegotex.com
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding