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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KNITTEX from Gavere, company number BE0478547916, closed financial year 2025 with a result of € 24,736 after tax. For that financial year KNITTEX recorded a gross margin of € 383,723 and equity of € 230,599. Compared with financial year 2024, the result moved from € 80,202 to € 24,736. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 11, 2026.
€ 230,599
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,736
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 54,728
▼ 76% 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 € 105,599.
People and assets in 2025
€ 237,421
▲ 23% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,746
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 626,737
▲ 24% vs 2024
€ 8,237 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 921,861
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,349
▲ 54% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 136,357 | € 269,065 | € 404,302 | € 383,723 | ▼ 5% |
| Profit after taxes | € 27,575 | € 15,812 | € 80,202 | € 24,736 | ▼ 69% |
| Equity | € 259,849 | € 275,661 | € 205,863 | € 230,599 | ▲ 12% |
| Total debts | € 1,342,809 | € 1,236,307 | € 1,318,746 | € 1,558,682 | ▲ 18% |
| Cash | € 18,193 | € 40,684 | € 228,224 | € 54,728 | ▼ 76% |
| Land & buildings | - | - | € 4,095 | € 62,538 | ▲ € 58,443 |
| Retained profit | € 134,849 | € 150,661 | € 80,863 | € 105,599 | ▲ 31% |
| Dividend | € 0 | € 0 | € 150,000 | € 0 | ▼ 100% |
| Bank debt | € 521,862 | € 605,970 | € 505,015 | € 626,737 | ▲ 24% |
| Balance sheet total | € 1,602,659 | € 1,511,968 | € 1,524,609 | € 1,789,281 | ▲ 17% |
| Employees (FTE) | - | - | 3 | - |
Key figures of KNITTEX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to KNITTEX?
What happened at KNITTEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,736 (▼ 69% vs 2024). Source: NBB ↗
- DE POORTER NV became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,575 profit in 2022 to € 24,736 profit in 2025.
Paid € 11,741 in corporate taxes since 2022.
Best year ever: 2024, with € 80,202 profit.
On average € 134,800 of value added per employee in 2024.
Management
The stake of DE POORTER, DP-TEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KNITTEXBehind KNITTEX are DE POORTER NV and DP-TEX BV. The shares are held by DE POORTER (99%) and DP-TEX (48.3%).
Directors
According to the 2025 annual accounts
since 2010
Shareholders
99%
48.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Legen Heirweg 49
9890 Gavere
Sint-Elooistraat 5
9820 Merelbeke-Melle
Active since 18 November 2002
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
WIX_COM, IL
Domain
Domain
knittex.be
Registered
2015-03-05
Website info
Features
Security
Network
Details
- Company number
- 0478.547.916
- VAT number
- BE 0478.547.916
- Registered office
- Legen Heirweg 49, 9890 Gavere
- Names & denominations
- KNITTEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2002
- Peppol
- Active · Active since 15 Oct 2025
- Contact
- knittex.be
- Activities · NACE
Vervaardiging van gebreide en gehaakte kleding
Vervaardiging van gebreide en gehaakte pullovers, vesten en dergelijke artikelen
Vervaardiging van gebreide en gehaakte stoffen
Vervaardiging van andere gebreide en gehaakte kleding
Vervaardiging van gebreide en gehaakte kousen en sokken
Groothandel in textiel
Groothandel in huishoudtextiel en beddengoed