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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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
LAURATEX from Wevelgem, company number BE0508912478, closed financial year 2025 with a result of € 8.2 million after tax. For that financial year LAURATEX recorded revenue of € 3.1 million and equity of € 10.9 million. Compared with financial year 2023, the result moved from € 1.7 million to € 8.2 million. Profitable, and profit is growing. 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 January 29, 2026.
€ 10.9 million
▲ € 8.2 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.2 million
▲ € 6.5 million vs 2023
Profit after tax over the fiscal year.
€ 50,556
▼ 76% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 5,707 paid out
0 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.4
▲ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 350,824
▲ 115% vs 2023
€ 146,200 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.
€ 85,667
▲ € 83,490 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 51% vs 2023
€ 436,093 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 24,500
▲ 55% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 59,935
▼ 60% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 300,458 | € 351,388 | € 1,099,597 | € 3,075,000 | ▲ 180% |
| Profit after taxes | € 344,596 | € 559,890 | € 1,738,415 | € 8,192,997 | ▲ € 6.5 million |
| Equity | € 569,407 | € 1,129,297 | € 2,687,712 | € 10,875,002 | ▲ € 8.2 million |
| Total debts | € 4,785,807 | € 4,356,470 | € 4,669,300 | € 2,546,512 | ▼ 45% |
| Cash | € 65,624 | € 75,837 | € 210,548 | € 50,556 | ▼ 76% |
| Land & buildings | € 175,042 | € 161,495 | € 147,949 | € 5,225,464 | ▲ € 5.1 million |
| Retained profit | € 563,207 | € 1,123,097 | € 2,681,512 | € 10,868,802 | ▲ € 8.2 million |
| Dividend | € 0 | € 0 | € 180,000 | € 5,707 | ▼ 97% |
| Bank debt | € 4,695,109 | € 4,238,768 | € 4,461,992 | € 2,200,545 | ▼ 51% |
| Balance sheet total | € 5,355,215 | € 5,485,767 | € 7,357,012 | € 13,421,513 | ▲ 82% |
| Employees (FTE) | - | 0.8 | 2 | 2.4 | ▲ 0.4 |
Key figures of LAURATEX, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to LAURATEX?
What happened at LAURATEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8.2 million (▲ € 6.5 million vs 2023). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Laurence VANDECASTEELE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 344,596 profit in 2021 to € 8.2 million profit in 2025.
Paid € 664,552 in corporate taxes since 2021.
Best year ever: 2025, with € 8.2 million profit.
Paid out € 185,707 in dividends to the owners in total.
Management
Behind LAURATEX is Laurence VANDECASTEELE. It owns 100% of CASTELLINS NV itself.
Directors
According to the 2025 annual accounts
Laurence VANDECASTEELE
Director
Also active at: Castellins, TEX - CORPORATION, JLO-Invest, NovoFibre
since 2012
Establishments
Establishment units
Physical locations of this company
Drieslaan 4
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Castellins same network
€ 49.1 million revenue · 2025
STOREX
€ 4 million revenue · 2025
TEX - CORPORATION same network
€ 1.4 million revenue · 2025
SAN DESIGN
€ 6,168 gross margin · 2025
SPINNERIJKAAI
€ 199,041 revenue · 2025
+7 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
- 0508.912.478
- VAT number
- BE 0508.912.478
- Registered office
- Drieslaan 4, 8560 Wevelgem
- Names & denominations
- LAURATEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2012
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Activiteiten van holdings
Holdings
Overige zakelijke dienstverlening, neg
Bemiddeling in verband met exploitatie van en handel in onroerend goed
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