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.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ASSOCIATED WEAVERS INTERNATIONAL from Ronse, company number BE0426487026, closed financial year 2025 with a result of € -6 million after tax. For that financial year ASSOCIATED WEAVERS INTERNATIONAL recorded revenue of € 5 million and equity of € 20 million. Compared with financial year 2024, the result moved from € -5.9 million to € -6 million. 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 9, 2026.
€ 20 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6 million
Profit after tax over the fiscal year.
€ 4,194
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8.9 million.
People and assets in 2025
8.5
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 3% vs 2024
€ 129,400 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.
Debts at end 2025
€ 4.2 million
Loans from banks and other lenders, long and short.
€ 1.3 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.
€ 362,877
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,111,829 | € 5,389,899 | € 4,930,515 | € 4,998,946 | ▲ 1% |
| Profit after taxes | € 500,868 | € -7,381,448 | € -5,935,651 | € -5,962,613 | |
| Equity | € 39,290,069 | € 31,908,621 | € 25,972,969 | € 20,010,356 | ▼ 23% |
| Total debts | € 5,328,305 | € 6,228,607 | € 5,842,193 | € 5,995,469 | ▲ 3% |
| Cash | € 339 | € 2,953 | € 7,790 | € 4,194 | ▼ 46% |
| Retained profit | € 28,142,674 | € 20,761,225 | € 14,825,574 | € 8,862,961 | ▼ 40% |
| Bank debt | € 3,837,000 | € 3,837,000 | € 4,197,000 | € 4,197,000 | |
| Balance sheet total | € 44,618,374 | € 38,137,228 | € 31,815,162 | € 26,005,825 | ▼ 18% |
| Employees (FTE) | 8.1 | 7.5 | 7.8 | 8.5 | ▲ 0.7 |
Key figures of ASSOCIATED WEAVERS 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 31 July 2027.
What happened to ASSOCIATED WEAVERS INTERNATIONAL?
What happened at ASSOCIATED WEAVERS INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- A.O.C. Consulting BV stepped down as director. NBB
- Edward Colle stepped down as director. NBB
- Luc Blommaert stepped down as director. NBB
- BELGOTEX INTERNATIONAL NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6 million. Source: NBB ↗
- A.O.C. Consulting BV became a director. NBB
- BELGOTEX INTERNATIONAL NV became a director. NBB
- Luc Blommaert became a director. NBB
In short
From € 500,868 profit in 2022 to € 6 million loss in 2025.
Paid € 14,244 in corporate taxes since 2022.
Best year ever: 2022, with € 500,868 profit.
Pays suppliers within 111 days on average.
Management
The shares are held by Belgotex International NV (100%) and Associated Weavers Europe NV (0%). It owns 100% of ASSOCIATED WEAVERS EUROPE NV, 100% of ASSOCIATED WEAVERS ( EUROPE ) LTD, 100% of ASSOCIATED WEAVERS SRO, 100% of ASSOCIATED WEAVERS SCANDINAVIA, 100% of ASSOCIATED WEAVERS DEUTSCHLAND GMBH and 99% of ASSOCIATED WEAVERS FRANCE SARL itself.
Directors
According to the 2025 annual accounts
Director · represented by Sebastiaan Deboodt
Also active at: Associated Weavers Europe
since 2025 · until 2031
since 2023 · until 2030
since 2024 · until 2030
Director · represented by Michel Van Waeyenberge
Also active at: Associated Weavers Europe, BORBOLETA, Beaulieu Real Estate, BURCHTDAM, BEAULIEU INTERNATIONAL GROUP, B.I.G COORDINATION CENTER, Beaulieu Residential
since 2025 · until 2029
Shareholders
Participations
ASSOCIATED WEAVERS ( EUROPE ) LTD
100%
ASSOCIATED WEAVERS SRO
100%
ASSOCIATED WEAVERS SCANDINAVIA
100%
ASSOCIATED WEAVERS DEUTSCHLAND GMBH
100%
ASSOCIATED WEAVERS FRANCE SARL
99%
Establishments
Establishment units
Physical locations of this company
Weverijstraat 1
9600 Ronse
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.
Details
- Company number
- 0426.487.026
- VAT number
- BE 0426.487.026
- Registered office
- Weverijstraat 1, 9600 Ronse
- Names & denominations
- ASSOCIATED WEAVERS INTERNATIONAL · AWI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1984
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment