Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 25.6 to 0.
Financials
Financial year 2024
BELGIAN FIBERS MANUFACTURING from Mouscron, company number BE0899221375, closed financial year 2024 with a result of € -802,955 after tax. For that financial year BELGIAN FIBERS MANUFACTURING recorded a gross margin of € -991,697 and equity of € 11.8 million. Compared with financial year 2023, the result moved from € 2.1 million to € -802,955. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ 11.8 million
▼ 6% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -802,955
▼ still € 2.1 million profit in 2023
Profit after tax over the fiscal year.
€ 161,976
▼ 74% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 11.1 million.
People and assets in 2024
0
▼ 8.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 32,769
▲ 82% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 464,684
▼ 4% vs 2023
€ 20,367 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 812,306
▲ 102% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 77,039
▼ 59% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 5,229,974 | € 5,516,601 | € -991,697 | ▼ € 6.5 million |
| Profit after taxes | € 2,957,219 | € 2,145,380 | € -802,955 | ▼ € 2.9 million |
| Equity | € 10,500,721 | € 12,646,100 | € 11,843,145 | ▼ 6% |
| Total debts | € 1,669,616 | € 4,301,476 | € 4,624,388 | ▲ 8% |
| Cash | € 9,563,199 | € 631,750 | € 161,976 | ▼ 74% |
| Land & buildings | € 1,687,899 | € 11,144,607 | € 11,109,559 | |
| Retained profit | € 9,750,721 | € 11,896,100 | € 11,093,145 | ▼ 7% |
| Bank debt | € 540,004 | € 484,264 | € 464,684 | ▼ 4% |
| Balance sheet total | € 14,612,772 | € 20,922,852 | € 19,510,667 | ▼ 7% |
| Employees (FTE) | 25.6 | 8.1 | 0 | ▼ 8.1 |
Key figures of BELGIAN FIBERS MANUFACTURING, 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 BELGIAN FIBERS MANUFACTURING?
What happened at BELGIAN FIBERS MANUFACTURING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 802,955 (▼ € 2.9 million vs 2023). filed late Source: NBB ↗
- PARAPAN stepped down as director. NBB
- PARAPAN became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Mouscron. KBO
In short
From € 3 million profit in 2021 to € 802,955 loss in 2024.
Paid € 69,869 in corporate taxes since 2021.
Best year ever: 2021, with € 3 million profit.
On average € 681,100 of value added per employee in 2023.
Management
The stake of GAMMATEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELGIAN FIBERS MANUFACTURINGThe shares are held by GAMMATEX (100%).
Directors
According to the 2024 annual accounts
since 2019 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriëlaan 91
7700 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BELGIAN FIBERS IMMO same network
€ 60,945 gross margin · 2025
GAMMATEX same network
€ -11,560 gross margin · 2025
PARAPAN same network
€ 288,353 gross margin · 2025
TECHNIQUE ASPIRATION BELGE
€ 2.5 million gross margin · 2025
GROUPE GAMMATEX
+1 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
- 0899.221.375
- VAT number
- BE 0899.221.375
- Registered office
- Industriëlaan 91, 7700 Mouscron
- Names & denominations
- BELGIAN FIBERS MANUFACTURING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2008
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
Textielveredeling