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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Butex from Gent, company number BE0568468993, closed financial year 2025 with a result of € -94,706 after tax. For that financial year Butex recorded a gross margin of € -75,407 and equity of € -350,561. Compared with financial year 2024, the result moved from € -100,715 to € -94,706. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 5, 2026.
€ -350,561
▼ € 94,706 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -94,706
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 134,842
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -369,161.
People and assets in 2025
€ 6,386
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24,153
▲ € 18,652 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,027
▲ € 23,043 vs 2024
€ 7,536 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 695,672
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,090
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -52,641 | € -56,558 | € -86,401 | € -75,407 | ▲ € 10,994 |
| Profit after taxes | € -70,599 | € -54,564 | € -100,715 | € -94,706 | ▲ € 6,009 |
| Equity | € -100,576 | € -155,139 | € -255,855 | € -350,561 | ▼ € 94,706 |
| Total debts | € 676,080 | € 545,661 | € 638,199 | € 776,866 | ▲ 22% |
| Cash | € 255,777 | € 158,769 | € 123,401 | € 134,842 | ▲ 9% |
| Retained profit | € -119,176 | € -173,739 | € -274,455 | € -369,161 | ▼ € 94,706 |
| Bank debt | € 12,615 | € 6,839 | € 984 | € 24,027 | ▲ € 23,043 |
| Balance sheet total | € 575,504 | € 390,521 | € 382,345 | € 426,306 | ▲ 11% |
Key figures of Butex, 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 Butex?
What happened at Butex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 94,706. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,599 loss in 2022 to € 94,706 loss in 2025.
Management
Behind Butex are Ali Ihsan Nohut, Mehmet Nohut and Imran Nohut.
Directors
According to the 2025 annual accounts
Ali Ihsan Nohut
Bestuurder
Mehmet Nohut
Bestuurder
Imran Nohut
Bestuurder
Establishments
Establishment units
Physical locations of this company
Sint-Salvatorstraat 49
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0568.468.993
- VAT number
- BE 0568.468.993
- Registered office
- Sint-Salvatorstraat 49, 9000 Gent
- Names & denominations
- Butex
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2015
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in huishoudtextiel en beddengoed
Groothandel in kleding, met uitzondering van werk- en onderkleding