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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Shrinking team NBB
FTE fell two years in a row, from 217.6 to 165.8.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Global Textile Alliance Belgium from Wielsbeke, company number BE0439560349, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Global Textile Alliance Belgium recorded revenue of € 49.8 million and equity of € 131 million. Compared with financial year 2024, the result moved from € 2.8 million to € 1.1 million. The company is profitable. 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 July 22, 2026.
€ 131 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 73.2 million.
People and assets in 2025
165.8
▼ 27.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.7 million
▼ 14% vs 2024
€ 52,300 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.
€ 1.8 million
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8.5 million
▼ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 2.2 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 1.3 million
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,311,938 | € 53,049,724 | € 49,937,302 | € 49,780,466 | |
| Profit after taxes | € -1,288,105 | € 2,395,116 | € 2,800,418 | € 1,092,496 | ▼ 61% |
| Equity | € 60,858,218 | € 127,231,937 | € 129,948,279 | € 130,987,357 | ▲ 1% |
| Total debts | € 2,972,076 | € 3,996,039 | € 52,768,400 | € 54,735,406 | ▲ 4% |
| Cash | € 2,081,937 | € 1,814,259 | € 957,581 | € 1,188,524 | ▲ 24% |
| Land & buildings | € 1,312,089 | € 1,330,251 | € 1,231,342 | € 1,133,832 | ▼ 8% |
| Retained profit | € 60,534,340 | € 69,308,526 | € 72,108,944 | € 73,201,441 | ▲ 2% |
| Bank debt | € 0 | € 0 | € 9,625,566 | € 8,510,638 | ▼ 12% |
| Balance sheet total | € 63,902,294 | € 131,299,977 | € 182,788,680 | € 185,722,763 | ▲ 2% |
| Employees (FTE) | 190.1 | 217.6 | 193.5 | 165.8 | ▼ 27.7 |
Key figures of Global Textile Alliance Belgium, 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 Global Textile Alliance Belgium?
What happened at Global Textile Alliance Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SeLe Act VOF stepped down as director. NBB
- Javier Cano Galan stepped down as director. NBB
- Rémy Tack stepped down as director. NBB
- Luc Tack stepped down as director. NBB
- Grégory Tack stepped down as director. NBB
- Oostpit NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 61% vs 2024). Source: NBB ↗
- SeLe Act VOF became a director. NBB
In short
From € 1.3 million loss in 2022 to € 1.1 million profit in 2025.
Paid € 1.9 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.8 million profit.
Pays suppliers within 22 days on average.
A new publication or filing at Global Textile Alliance Belgium? 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
It owns 100% of Global Textile Alliance Inc, 100% of Global Textile Alliance México S. de R.L. de C.V., 100% of Global Textile Alliance India Private Limited and 0.1% of Global Textile Alliance Ukraine itself.
Directors
According to the 2025 annual accounts
Javier Cano Galan
Director
since 2024 · until 2030
since 2023 · until 2029
Luc Tack
Director
Also active at: Syndicaat van Belgische Textielmachinebouwers, JULES CLARYSSE, PICANOL, MELOTTE, TESSENDERLO CHEMIE INTERNATIONAL, Tessenderlo Group, Tack Water Services, BEGOOS +24 more
since 2023 · until 2029
Grégory Tack
Director
Also active at: JULES CLARYSSE, De Vier Weverkens - Les Quatre Tisserands, TARDEL, BEGOOS, LUC TACK, CLARYSSEWEB, CLARYSSE REAL ESTATE, TERMONIA
since 2023 · until 2029
Director · represented by Pieter Holvoet
since 2025 · until 2031
Director · represented by Laurie Tack
Also active at: JULES CLARYSSE, TARDEL, CLARYSSEWEB, CLARYSSE REAL ESTATE, TERMONIA, TER MOLST INTERNATIONAL
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Grote Molstenstraat 21
8710 Wielsbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →LUC TACK same network
€ 12.2 million revenue · 2025
HARMONY INDUSTRIES same network
€ 233,195 gross margin · 2025
Novaya Belgium same network
€ 70.5 million revenue · 2025
IMMOLAT same network
€ 332,102 gross margin · 2025
OOSTPIT same network
€ 2.5 million gross margin · 2025
+10 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
- 0439.560.349
- VAT number
- BE 0439.560.349
- Registered office
- Grote Molstenstraat 21, 8710 Wielsbeke
- Names & denominations
- Global Textile Alliance Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1989
- Peppol
- Active · Active since 18 Feb 2025
- Activities · NACE
Vervaardiging van katoenen of katoenachtige weefsels
Weven van textiel
Vervaardiging van kamwollen of kamwolachtige weefsels
Groothandel in huishoudtextiel en beddengoed
Groothandel in textiel