Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CONCORDIA TEXTILES from Waregem, company number BE0460935981, closed financial year 2025 with a result of € 174,516 after tax. For that financial year CONCORDIA TEXTILES recorded revenue of € 54.7 million and equity of € 19 million. Compared with financial year 2024, the result moved from € 265,139 to € 174,516. 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 23, 2026.
€ 19 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 174,516
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 419,412
▼ 16% 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 € 6.6 million.
People and assets in 2025
221
▼ 9.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.6 million
€ 66,100 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.
€ 1.6 million
▲ 171% vs 2024
Of which on lease € 1.2 million.
Debts at end 2025
€ 5.4 million
▲ 26% vs 2024
€ 588,651 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 8.7 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 2.6 million
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 57,448,760 | € 60,427,451 | € 57,714,146 | € 54,688,965 | ▼ 5% |
| Profit after taxes | € 1,291,936 | € 2,099,123 | € 265,139 | € 174,516 | ▼ 34% |
| Equity | € 16,435,330 | € 18,534,453 | € 18,799,592 | € 18,974,108 | ▲ 1% |
| Total debts | € 19,950,428 | € 17,801,444 | € 15,642,334 | € 17,471,140 | ▲ 12% |
| Cash | € 312,105 | € 441,582 | € 499,273 | € 419,412 | ▼ 16% |
| Retained profit | € 4,053,293 | € 6,152,416 | € 6,417,555 | € 6,592,071 | ▲ 3% |
| Bank debt | € 5,839,355 | € 4,844,760 | € 4,336,373 | € 5,442,241 | ▲ 26% |
| Balance sheet total | € 36,893,092 | € 36,931,486 | € 35,036,511 | € 36,566,154 | ▲ 4% |
| Employees (FTE) | 236.6 | 231.3 | 230.3 | 221 | ▼ 9.3 |
Key figures of CONCORDIA TEXTILES, 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 CONCORDIA TEXTILES?
What happened at CONCORDIA TEXTILES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Decitex NV stepped down as director. NBB
- Wikinger BV stepped down as director. NBB
- Midelco NV stepped down as director. NBB
- Shopinvest NV stepped down as director. NBB
- Hill NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 174,516 (▼ 34% vs 2024). Source: NBB ↗
- New establishment in Oostrozebeke. KBO
- Decitex NV became a director. NBB
In short
From € 1.3 million profit in 2022 to € 174,516 profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.1 million profit.
Pays suppliers within 76 days on average.
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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 stake of HILL, UCO, DECITEX, SHOPINVEST, SHOW FOUNTAIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONCORDIA TEXTILESThe shares are held by HILL (28.7%), UCO (25.2%), DECITEX (23.8%), SHOPINVEST (17.1%) and SHOW FOUNTAIN (5.2%). It owns 100% of Concordia France SAS, 100% of Purfi manufactoring Belgium, 100% of Estambril textiles international SL and 100% of Fuchshuber techno textiles GMBH itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Emmanuel Tuytens
Also active at: DE ROBAERTBEEK, Feelds, PurFi Manufacturing Belgium
since 2025 · until 2029
Managing director · represented by Carl Baekelandt
Also active at: DE ROBAERTBEEK, PurFi Manufacturing Belgium, GLOBAL INTERNATIONAL PRODUCTS
since 2025 · until 2029
Director · represented by Philippe Vlerick
Also active at: B.M.H., LVD COMPANY, DE ROBAERTBEEK, BMT INTERNATIONAL
since 2025 · until 2029
since 2025 · until 2029
Director · represented by Patric Tuytens
Also active at: DE ROBAERTBEEK, GLOBAL INTERNATIONAL PRODUCTS
since 2025 · until 2029
Shareholders
Participations
Concordia France SAS
100%
Estambril textiles international SL
100%
Fuchshuber techno textiles GMBH
100%
Establishments
Establishment units
Physical locations of this company
Flanders-Fieldweg 37
8790 Waregem
S.I.D.E.H.O. laan(KOM) 7
7780 Comines-Warneton
Active since 1 January 2021
Molstenstraat 42
8780 Oostrozebeke
Active since 1 April 2026
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
COMBELL-AS, BE
Domain
Domain
concordiatextiles.com
Registered
1998-04-21
Registrar
NameWeb BVBA
Expires
2026-04-20
Website info
Features
Security
Details
- Company number
- 0460.935.981
- VAT number
- BE 0460.935.981
- Registered office
- Flanders-Fieldweg 37, 8790 Waregem
- Names & denominations
- CONCORDIA TEXTILES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1997
- Peppol
- Active · Active since 25 Mar 2025
- Contact
- concordiatextiles.com 003256627373
- Activities · NACE
Weven van textiel