ACTIVE

LIBECO

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Financial year 2025 · closed on 31/12/2025

Net result

1,8 M €

+25.5% YoY

Revenue

52 M €

+2.8% YoY

Equity

30 M €

+2.9% YoY

Workforce

186,2 ETP

-1.9% YoY

What does LIBECO do?

LIBECO is a Public limited company incorporated in 1928. Its main activity is: Weaving of textiles. Its registered office is in Tielt. It employs on average 186,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.577.982

Incorporation

02/08/1928

Legal form

Public limited company

Registered office

Tieltstraat 112
8760 Tielt · FlandreSee on map

Contributed capital

2 729 637,69 €

Latest accounts

31/12/2025

Average workforce

186,2 ETP

Activities (NACE)

13200Weaving of textiles· main 13200Weaving of textiles 17250Manufacture of articles of paper and paperboard 13921Manufacture of made-up textile articles, except apparel 13921Manufacture of made-up textile articles, except apparel

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	52 M €	+2.8%	50,5 M €	-12.0%	57,4 M €	-12.2%	65,4 M €	+10.1%	59,4 M €	+27.1%	46,7 M €	+5.5%	44,3 M €	+1.7%	43,6 M €	+3.2%	42,2 M €	+2.0%	41,4 M €	-2.1%	42,3 M €	+8.6%	38,9 M €	+9.7%	35,5 M €	+5.2%	33,7 M €	+2.1%	33,1 M €	-1.5%	33,6 M €	+26.8%	26,5 M €	-15.6%	31,4 M €	+2.9%	30,5 M €
EBITDA	3,5 M €	+23.2%	2,8 M €	-39.4%	4,6 M €	-45.6%	8,5 M €	+5.6%	8,1 M €	+30.2%	6,2 M €	+18.1%	5,3 M €	-3.6%	5,5 M €	+7.6%	5,1 M €	-6.5%	5,4 M €	-13.5%	6,3 M €	+29.9%	4,8 M €	+79.3%	2,7 M €	+59.3%	1,7 M €	+14.1%	1,5 M €	-54.5%	3,3 M €	+134%	1,4 M €	-45.0%	2,5 M €	+6.3%	2,4 M €
Operating result	2,4 M €	+47.7%	1,7 M €	-53.8%	3,6 M €	-52.4%	7,5 M €	+5.9%	7,1 M €	+39.7%	5,1 M €	+15.0%	4,4 M €	-4.4%	4,6 M €	+5.4%	4,4 M €	-9.6%	4,8 M €	-14.2%	5,7 M €	+30.9%	4,3 M €	+92.9%	2,2 M €	+161%	858,4 k €	+19.4%	718,8 k €	-72.6%	2,6 M €	+395%	529,9 k €	-66.7%	1,6 M €	+10.1%	1,4 M €
Net result	1,8 M €	+25.5%	1,5 M €	-47.0%	2,7 M €	-43.4%	4,9 M €	-7.0%	5,2 M €	+48.9%	3,5 M €	+19.4%	2,9 M €	-3.3%	3 M €	+18.6%	2,6 M €	-14.9%	3 M €	-24.4%	4 M €	+19.1%	3,3 M €	+102%	1,7 M €	+282%	433,5 k €	-44.1%	775 k €	-54.5%	1,7 M €	+214%	542,8 k €	+417%	104,9 k €	-90.9%	1,2 M €
Balance sheet
Equity	30 M €	+2.9%	29,2 M €	+2.1%	28,6 M €	+6.6%	26,8 M €	+17.9%	22,8 M €	+7.0%	21,3 M €	+5.8%	20,1 M €	+7.6%	18,7 M €	+8.8%	17,2 M €	+6.5%	16,1 M €	+6.6%	15,1 M €	+0.4%	15,1 M €	+1.9%	14,8 M €	-10.4%	16,5 M €	+0.0%	16,5 M €	+1.9%	16,2 M €	+1.1%	16 M €	+0.4%	16 M €	+0.5%	15,9 M €
Total assets	38,1 M €	+7.8%	35,3 M €	-10.1%	39,2 M €	-10.9%	44 M €	+25.1%	35,2 M €	+17.1%	30,1 M €	+12.9%	26,6 M €	+1.8%	26,2 M €	+0.4%	26,1 M €	+6.4%	24,5 M €	-3.1%	25,3 M €	+9.8%	23 M €	+11.8%	20,6 M €	-8.1%	22,4 M €	-1.6%	22,8 M €	+2.5%	22,2 M €	+11.4%	19,9 M €	+5.0%	19 M €	-9.2%	20,9 M €
Cash	1,9 M €	+67.5%	1,2 M €	+69.0%	685,9 k €	-47.0%	1,3 M €	-15.7%	1,5 M €	-32.2%	2,3 M €	+235%	676,6 k €	-25.2%	904,5 k €	+2.1%	885,6 k €	+2.3%	865,9 k €	-80.2%	4,4 M €	+51.5%	2,9 M €	-2.8%	3 M €	+462%	527,6 k €	-24.3%	697 k €	+23.0%	566,9 k €	-11.9%	643,1 k €	+9.1%	589,7 k €	+12.4%	524,6 k €
Debts	7,8 M €	+34.3%	5,8 M €	-43.7%	10,4 M €	-37.7%	16,7 M €	+40.2%	11,9 M €	+43.1%	8,3 M €	+34.5%	6,2 M €	-12.9%	7,1 M €	-16.1%	8,4 M €	+10.1%	7,7 M €	-16.2%	9,2 M €	+24.1%	7,4 M €	+35.7%	5,4 M €	+0.8%	5,4 M €	-10.0%	6 M €	+8.9%	5,5 M €	+50.5%	3,7 M €	+35.0%	2,7 M €	-43.4%	4,8 M €
Other
Workforce	186,2 ETP	-1.9%	189,8 ETP	-4.9%	199,5 ETP	-2.5%	204,7 ETP	+4.8%	195,3 ETP	+3.7%	188,4 ETP	-1.3%	190,9 ETP	+1.5%	188,0 ETP	0.0%	188,0 ETP	+3.3%	182,0 ETP	+2.9%	176,8 ETP	+1.8%	173,7 ETP	+1.7%	170,8 ETP	-1.6%	173,6 ETP	+7.5%	161,5 ETP	-4.4%	169,0 ETP	-2.3%	173,0 ETP	-5.6%	183,2 ETP	0.0%	183,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 38 ended

Active mandates

Peter Van de Weyer

Director · since 05 mai 2025 · until 05 janvier 2026

Active

LIFLAX

Managing director · since 06 mai 2024 · until 07 juin 2027 · 0435.894.838

Represented by RAYMOND LIBEERT

Active

DEJAEGHER-HELAERT

Director · since 02 mai 2023 · until 01 juin 2026 · 0534.679.737

Represented by Didier Dejaegher

Active

Michael Huyghe

Director · since 16 décembre 2021 · until 07 juin 2027

Active

Ended mandates

Peter Van de Weyer

Director · since 05 mai 2025 · until 02 mai 2028

Ended

LIFLAX

Managing director · since 06 mai 2024 · until 03 mai 2027 · 0435.894.838

Represented by RAYMOND LIBEERT

Ended

DEJAEGHER-HELAERT

Director · since 02 mai 2023 · until 04 mai 2026 · 0534.679.737

Ended

YOLO

Director · since 02 mai 2023 · until 04 mai 2026 · 0533.703.797

Ended

At this address

Other companies at this address

Company	CBE no.
LIBECO GROEP● Active	0521.884.348

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/06/2026	26/05/2025	25/09/2024	24/08/2023	21/09/2022	26/05/2021
General meeting	01/06/2026	05/05/2025	06/05/2024	02/05/2023	02/05/2022	03/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	16/06/2026	Dutch	PDF
Full model	31/12/2024	05/05/2025	26/05/2025	Dutch	PDF
Full modelCorrection	31/12/2023	06/05/2024	25/09/2024	Dutch	PDF
Full model	31/12/2023	06/05/2024	27/05/2024	Dutch	PDF
Full model	31/12/2022	02/05/2023	24/08/2023	Dutch	PDF
Full model	31/12/2021	02/05/2022	21/09/2022	Dutch	PDF
Full model	31/12/2020	03/05/2021	26/05/2021	Dutch	PDF
Full model	31/12/2019	10/06/2020	29/06/2020	Dutch	PDF
Full model	31/12/2018	06/05/2019	28/05/2019	Dutch	PDF
Full model	31/12/2017	07/05/2018	04/06/2018	Dutch	PDF
Full model	31/12/2016	02/05/2017	23/05/2017	Dutch	PDF
Full model	31/12/2015	02/05/2016	25/05/2016	Dutch	PDF
Full model	31/12/2014	04/05/2015	27/05/2015	Dutch	PDF
Full model	31/12/2013	05/05/2014	26/05/2014	Dutch	PDF
Full model	31/12/2012	06/05/2013	23/05/2013	Dutch	PDF
Full model	31/12/2011	07/05/2012	22/05/2012	Dutch	PDF
Full model	31/12/2010	03/05/2011	16/05/2011	Dutch	PDF
Full model	31/12/2009	03/05/2010	10/05/2010	Dutch	PDF
Full model	31/12/2008	04/05/2009	25/05/2009	Dutch	PDF
Full model	31/12/2007	05/05/2008	20/05/2008	Dutch	PDF
Full model	31/12/2006	07/05/2007	30/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 38 ended

Active mandates

Peter Van de Weyer

Director · since 05 mai 2025 · until 05 janvier 2026

Active

LIFLAX

Managing director · since 06 mai 2024 · until 07 juin 2027 · 0435.894.838

Represented by RAYMOND LIBEERT

Active

DEJAEGHER-HELAERT

Director · since 02 mai 2023 · until 01 juin 2026 · 0534.679.737

Represented by Didier Dejaegher

Active

Michael Huyghe

Director · since 16 décembre 2021 · until 07 juin 2027

Active

Ended mandates

Peter Van de Weyer

Director · since 05 mai 2025 · until 02 mai 2028

Ended

LIFLAX

Managing director · since 06 mai 2024 · until 03 mai 2027 · 0435.894.838

Represented by RAYMOND LIBEERT

Ended

DEJAEGHER-HELAERT

Director · since 02 mai 2023 · until 04 mai 2026 · 0534.679.737

Ended

YOLO

Director · since 02 mai 2023 · until 04 mai 2026 · 0533.703.797

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other25/09/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
PDF
Mandates11/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other15/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN
PDF
Mandates18/10/2023
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,8 M €↑
2024
Annual accounts 20241,5 M €↓
2023
Annual accounts 20232,7 M €↓
2023
Name changeLIBECO
2022
Annual accounts 20224,9 M €↓
2021
Annual accounts 20215,2 M €↑
2020
Annual accounts 20203,5 M €↑
2019
Annual accounts 20192,9 M €↓
2018
Annual accounts 20183 M €↑
2017
Annual accounts 20172,6 M €↓
2016
Annual accounts 20163 M €↓
2015
Annual accounts 20154 M €↑
2014
Annual accounts 20143,3 M €↑
2013
Annual accounts 20131,7 M €↑
2012
Annual accounts 2012433,5 k €↓
2011
Annual accounts 2011775 k €↓
2010
Annual accounts 20101,7 M €↑
2009
Annual accounts 2009542,8 k €↑
2008
Annual accounts 2008104,9 k €↓
2007
Annual accounts 20071,2 M €
2007
Name changeLIBECO - LAGAE
02/08/1928
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LIBECO

Overview

What does LIBECO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline