Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PurFi Manufacturing Belgium from Waregem, company number BE0737353319, closed financial year 2025 with a result of € -658,563 after tax. For that financial year PurFi Manufacturing Belgium recorded a gross margin of € -220,276 and equity of € -2.1 million. Compared with financial year 2024, the result moved from € 1.6 million to € -658,563. 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 July 23, 2026.
€ -2.1 million
▼ € 658,563 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -658,563
▼ still € 1.6 million profit in 2024
Profit after tax over the fiscal year.
€ 60,606
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
3.8
▼ 6.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 244,331
▼ 39% vs 2024
€ 64,300 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.
€ 3.6 million
Of which on lease € 3.6 million.
Debts at end 2025
€ 8.7 million
▲ 9% vs 2024
€ 437,204 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 195,825
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,129
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -752,993 | € -472,003 | € 2,486,253 | € -220,276 | ▼ € 2.7 million |
| Profit after taxes | € -1,126,191 | € -1,224,823 | € 1,636,373 | € -658,563 | ▼ € 2.3 million |
| Equity | € -1,896,146 | € -3,120,969 | € -1,484,596 | € -2,143,159 | ▼ € 658,563 |
| Total debts | € 8,463,575 | € 10,177,209 | € 8,542,056 | € 9,282,825 | ▲ 9% |
| Cash | € 53,584 | € 25,854 | € 72,296 | € 60,606 | ▼ 16% |
| Retained profit | € -2,146,146 | € -3,370,969 | € -1,734,596 | € -2,393,159 | ▼ € 658,563 |
| Bank debt | € 7,448,616 | € 9,417,481 | € 7,922,799 | € 8,666,611 | ▲ 9% |
| Balance sheet total | € 6,567,429 | € 7,056,240 | € 7,057,460 | € 7,139,666 | ▲ 1% |
| Employees (FTE) | 4 | 8.9 | 10 | 3.8 | ▼ 6.2 |
Key figures of PurFi Manufacturing Belgium, 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 PurFi Manufacturing Belgium?
What happened at PurFi Manufacturing Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 658,563 (▼ € 2.3 million vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- PURFI OPERATIONS LLC became a director. NBB
- DECITEX NV became a director. NBB
- WIKINGER BV became a director. NBB
In short
From € 1.1 million loss in 2022 to € 658,563 loss in 2025.
Paid € 403 in corporate taxes since 2022.
Best year ever: 2024, with € 1.6 million profit.
On average € 248,600 of value added per employee in 2024.
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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 CONCORDIA TEXTILES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PurFi Manufacturing BelgiumBehind PurFi Manufacturing Belgium are PURFI OPERATIONS LLC, DECITEX NV and WIKINGER BV. The shares are held by CONCORDIA TEXTILES (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kayren Joy NUNN
since 2019
Director · represented by Emmanuel TUYTENS
Also active at: DE ROBAERTBEEK, CONCORDIA TEXTILES, Feelds
since 2019
Managing director · represented by Carl BAEKELANDT
Also active at: DE ROBAERTBEEK, CONCORDIA TEXTILES, GLOBAL INTERNATIONAL PRODUCTS
since 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Flanders-Fieldweg 39
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.353.319
- VAT number
- BE 0737.353.319
- Registered office
- Flanders-Fieldweg 39, 8790 Waregem
- Names & denominations
- PurFi Manufacturing Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bewerken en spinnen van textielvezels
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Groothandel in andere intermediaire producten, n.e.g.
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Textielveredeling
Weven van textiel
Handel in eigen onroerend goed