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 167.8 to 20.5.
Financials
Financial year 2025
BELGOTEX INTERNATIONAL from Ronse, company number BE0447505441, closed financial year 2025 with a result of € -4.7 million after tax. For that financial year BELGOTEX INTERNATIONAL recorded revenue of € 1.3 million and equity of € 233.7 million. Compared with financial year 2024, the result moved from € -20.6 million to € -4.7 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 July 13, 2026.
€ 233.7 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.7 million
▲ 77 % less loss than in 2024
Profit after tax over the fiscal year.
€ 624,029
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 46.9 million.
People and assets in 2025
20.5
▼ 107.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 395,516
▼ 95% vs 2024
€ 19,300 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.
€ 48,980
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23.6 million
▼ 20% vs 2024
€ 5.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.6 million
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 145 days on average.
€ 1 million
▼ 88% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 100,168,916 | € 38,294,180 | € 33,049,103 | € 1,258,637 | ▼ 96% |
| Profit after taxes | € -3,985,635 | € 11,353,200 | € -20,577,167 | € -4,697,912 | ▲ € 15.9 million |
| Equity | € 247,611,622 | € 258,978,572 | € 238,387,655 | € 233,689,743 | ▼ 2% |
| Total debts | € 42,296,850 | € 43,725,955 | € 39,596,119 | € 26,291,511 | ▼ 34% |
| Cash | € 23,895,305 | € 26,528,583 | € 25,305,477 | € 624,029 | ▼ 98% |
| Land & buildings | € 238,371 | € 242,868 | - | - | |
| Retained profit | € 60,811,351 | € 72,164,551 | € 51,587,384 | € 46,889,472 | ▼ 9% |
| Bank debt | € 35,000,000 | € 35,000,000 | € 29,285,715 | € 23,571,429 | ▼ 20% |
| Balance sheet total | € 289,908,472 | € 302,704,527 | € 277,983,774 | € 260,006,253 | ▼ 6% |
| Employees (FTE) | 173 | 167.8 | 128.1 | 20.5 | ▼ 107.6 |
Key figures of BELGOTEX 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 BELGOTEX INTERNATIONAL?
What happened at BELGOTEX INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NEDERLANDSE TAPIJTEN HOLDING B.V. stepped down as director. NBB
- STEFAAN COLLE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.7 million. Source: NBB ↗
- Edward COLLE stepped down as director. NBB
- Luc Blommaert stepped down as director. NBB
- LUDO RUYSEN Comm. V. stepped down as director. NBB
- NEDERLANDSE TAPIJTEN HOLDING B.V. became a director. NBB
- Luc Blommaert became a director. NBB
In short
From € 4 million loss in 2022 to € 4.7 million loss in 2025.
Paid € 16,266 in corporate taxes since 2022.
Best year ever: 2023, with € 11.4 million profit.
Pays suppliers within 145 days on average.
Management
The shares are held by Nederlands Tapijten Holding B.V. (100%) and Dhr. & Mevr. Stefaan & Ann Colle - Declerck (0%). It owns 100% of L2D, 100% of Associated Weavers International NV and 21.2% of Beaulieu International Group itself.
Directors
According to the 2025 annual accounts
Director · represented by Ludovicus Ruysen
Also active at: IMAGIX HUY, IMAGIX MONS, I-MAGIX, IMAGIX CATERING, Hemelakkers, IMAGIX TOURNAI, IMAGIX DÉVELOPPEMENT
since 2022 · until 2025
NEDERLANDSE TAPIJTEN HOLDING B.V.
Managing director · represented by Luc Blommaert
since 2024 · until 2028
since 2023 · until 2026
Luc Blommaert
Director
Also active at: Associated Weavers Europe, BORBOLETA, ASSOCIATED WEAVERS INTERNATIONAL
since 2024 · until 2026
since 2021 · until 2027
Shareholders
Nederlands Tapijten Holding B.V.
100%
Dhr. & Mevr. Stefaan & Ann Colle - Declerck
0%
Participations
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
- 0447.505.441
- VAT number
- BE 0447.505.441
- Registered office
- Weverijstraat 1, 9600 Ronse
- Names & denominations
- BELGOTEX INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 1992
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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