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 15 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Flanders Decoration Textiles from Anzegem, company number BE0885564270, closed financial year 2024 with a result of € -24,658 after tax. For that financial year Flanders Decoration Textiles recorded a gross margin of € 698,670 and equity of € 181,747. Compared with financial year 2023, the result moved from € 1,095 to € -24,658. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 181,747
▼ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,658
▼ still € 1,095 profit in 2023
Profit after tax over the fiscal year.
€ 6,247
▲ 25% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 31,747.
People and assets in 2024
12.8
▼ 3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 641,963
▼ 11% vs 2023
€ 50,200 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.
€ 1,605
▼ 50% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1.7 million
▲ € 1.5 million vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 69,601
▼ 23% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 760,175 | € 745,144 | € 830,762 | € 698,670 | ▼ 16% |
| Profit after taxes | € 9,417 | € -18,471 | € 1,095 | € -24,658 | ▼ € 25,753 |
| Equity | € 223,781 | € 205,310 | € 206,405 | € 181,747 | ▼ 12% |
| Total debts | € 985,324 | € 647,938 | € 512,118 | € 1,948,062 | ▲ 280% |
| Cash | € 15,428 | € 2,440 | € 5,015 | € 6,247 | ▲ 25% |
| Land & buildings | € 562,506 | € 520,802 | € 479,098 | € 437,393 | ▼ 9% |
| Retained profit | € 73,781 | € 55,310 | € 56,405 | € 31,747 | ▼ 44% |
| Bank debt | € 483,930 | € 164,364 | € 0 | € 0 | |
| Balance sheet total | € 1,209,104 | € 853,248 | € 718,523 | € 2,129,809 | ▲ 196% |
| Employees (FTE) | 15.8 | 15.3 | 15.8 | 12.8 | ▼ 3 |
Key figures of Flanders Decoration Textiles, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Flanders Decoration Textiles?
What happened at Flanders Decoration Textiles in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 24,658 (▼ € 25,753 vs 2023). filed late Source: NBB ↗
- Valtinio CommV CommV became a director. NBB
- Caleis CommV CommV became a director. NBB
- Milis CommV CommV became a director. NBB
- Matuur CommV CommV became a director. NBB
- New establishment in Anzegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,417 profit in 2021 to € 24,658 loss in 2024.
Paid € 6,109 in corporate taxes since 2021.
Best year ever: 2021, with € 9,417 profit.
On average € 54,600 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
Behind Flanders Decoration Textiles are Valtinio CommV CommV, Caleis CommV CommV, Milis CommV CommV and Matuur CommV CommV. The same people are also behind VERBATEX INTERNATIONAL, SOVERCO, COTTIMMO and VERBATEX.
Directors
According to the 2024 annual accounts
Director · represented by Verbauwhede VINCENT
Also active at: VERBATEX INTERNATIONAL, SOVERCO, COTTIMMO, VERBATEX
since 2024
Director · represented by Verbauwhede ISABELLE
Also active at: VERBATEX INTERNATIONAL, SOVERCO, COTTIMMO, VERBATEX
since 2024
Director · represented by Verbauwhede FRANK
Also active at: VERBATEX INTERNATIONAL, SOVERCO, COTTIMMO, VERBATEX
since 2024
Director · represented by Verbauwhede TONY
Also active at: VERBATEX INTERNATIONAL, SOVERCO, COTTIMMO, VERBATEX
since 2024
Establishments
Establishment units
Physical locations of this company
Beukenhofstraat 105
8570 Anzegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0885.564.270
- VAT number
- BE 0885.564.270
- Registered office
- Beukenhofstraat 105, 8570 Anzegem
- Names & denominations
- Flanders Decoration Textiles
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2006
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Weven van textiel
Vervaardiging van katoenen of katoenachtige weefsels
Managementactiviteiten van holdings
Bewerken en spinnen van kaardwol- of kaardwolachtige vezels
Groothandel in textiel
Vervaardiging van kaardwollen of kaardwolachtige weefsels
Bewerken en spinnen van katoen- of katoenachtige vezels
Activiteiten van holdings
+3