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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Figures corrected NBB
Corrected annual account filed for 2026.
Financials
Financial year 2026
Seyntex from Aalter, company number BE0423039962, closed financial year 2026 with a result of € 12.6 million after tax. For that financial year Seyntex recorded revenue of € 128.8 million and equity of € 44.8 million. Compared with financial year 2025, the result moved from € 6.2 million to € 12.6 million. Profitable, and profit is growing. 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 13, 2026.
€ 44.8 million
▲ 39% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12.6 million
▲ 103% vs 2025
Profit after tax over the fiscal year.
€ 20.7 million
▲ 189% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 34.4 million.
People and assets in 2026
33.8
▲ 0.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 6% vs 2025
€ 94,700 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.
€ 99,084
▼ 3% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 10.2 million
▲ 120% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 2.8 million
▲ 219% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 82,382,577 | € 111,809,459 | € 96,488,894 | € 128,779,176 | ▲ 33% |
| Profit after taxes | € 6,463,200 | € 13,065,807 | € 6,226,638 | € 12,627,840 | ▲ 103% |
| Equity | € 17,899,911 | € 30,965,718 | € 32,192,356 | € 44,820,196 | ▲ 39% |
| Total debts | € 33,478,443 | € 14,947,587 | € 15,272,445 | € 28,660,954 | ▲ 88% |
| Cash | € 596,231 | € 8,638,478 | € 7,135,429 | € 20,656,527 | ▲ 189% |
| Land & buildings | € 111,958 | € 54,078 | € 51,829 | € 43,624 | ▼ 16% |
| Retained profit | € 7,508,776 | € 20,574,584 | € 21,801,222 | € 34,429,061 | ▲ 58% |
| Dividend | € 0 | € 0 | € 5,000,000 | € 0 | ▼ 100% |
| Bank debt | € 9,100,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 52,282,604 | € 47,566,198 | € 49,075,766 | € 75,078,331 | ▲ 53% |
| Employees (FTE) | 30.8 | 31.6 | 33.5 | 33.8 | ▲ 0.3 |
Key figures of Seyntex, 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 Seyntex?
What happened at Seyntex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MONAMA BV stepped down as director. NBB
- TINEKE FASHION CONSULTING BV stepped down as director. NBB
- ARTHUR C. SEYNAEVE stepped down as director. NBB
- DEPCOMA BV stepped down as director. NBB
- JEAN-PIERRE SEYNAEVE stepped down as director. NBB
- Corrected annual accounts filed for financial year 2026. Source: NBB ↗
- MONAMA BV became a director. NBB
- TINEKE FASHION CONSULTING BV became a director. NBB
In short
From € 6.5 million profit in 2023 to € 12.6 million profit in 2026.
Paid € 8.3 million in corporate taxes since 2023.
Best year ever: 2024, with € 13.1 million profit.
Paid out € 5 million in dividends to the owners in total.
Management
The stake of ARMA, PHOENIX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SeyntexThe shares are held by ARMA (50%) and PHOENIX (50%). It owns 100% of Seyntex Textiles Ltd, 100% of Motexco, 100% of Falimmo, 100% of Seynaeve Textile (Shanghai) Co Ltd and 100% of Tigerco itself.
Directors
According to the 2026 annual accounts
Director · represented by KRISTOF CLAEYS
since 2026 · until 2032
Director · represented by JOHAN DE LILLE
since 2026 · until 2032
ARTHUR C. SEYNAEVE
Director
since 2026 · until 2032
Director · represented by ULYSSE DEPRET
since 2026 · until 2032
JEAN-PIERRE SEYNAEVE
Director
since 2025 · until 2032
Participations
Seyntex Textiles Ltd
100%
Motexco
100%
100%
Seynaeve Textile (Shanghai) Co Ltd
100%
Tigerco
100%
Establishments
Establishment units
Physical locations of this company
Brug-Zuid 51
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →+1 more
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
TELENET-AS, BE
Domain
Domain
seyntex.com
Registered
1997-11-28
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-11-27
Website info
Features
Security
Network
Details
- Company number
- 0423.039.962
- VAT number
- BE 0423.039.962
- Registered office
- Brug-Zuid 51, 9880 Aalter
- Names & denominations
- Seyntex
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1982
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- seyntex.com [email protected] 09 253 32 70
- Activities · NACE
Vervaardiging van ander technisch en industrieel textiel