ACTIVE

Utexbel

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Financial year 2025 · closed on 31/12/2025

Net result

1,7 M €

-26.0% YoY

Revenue

124,1 M €

-1.1% YoY

Equity

33,8 M €

+4.7% YoY

Workforce

637,5 ETP

-2.4% YoY

What does Utexbel do?

Utexbel is a Public limited company incorporated in 1974. Its registered office is in Ronse. It employs on average 637,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.196.928

Incorporation

01/01/1974

Legal form

Public limited company

Registered office

Avenue César Snoeck 30
9600 Ronse · FlandreSee on map

Contributed capital

8 561 878,84 €

Latest accounts

31/12/2025

Average workforce

637,5 ETP

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 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	124,1 M €	-1.1%	125,4 M €	-0.9%	126,6 M €	+6.2%	119,2 M €	+2.2%	116,6 M €	+13.3%	102,9 M €	+1.6%	101,3 M €	+5.4%	96,1 M €	-3.8%	99,9 M €	+4.8%	95,4 M €	+10.1%	86,6 M €	-2.2%	88,5 M €	-3.0%	91,2 M €	-8.4%	99,5 M €	-2.9%	102,5 M €	+12.1%	91,5 M €	+23.0%	74,4 M €	-19.7%	92,7 M €
EBITDA	9,5 M €	+0.2%	9,5 M €	-15.2%	11,2 M €	+103%	5,5 M €	-39.2%	9,1 M €	+12.4%	8,1 M €	+10.6%	7,3 M €	+3.9%	7 M €	-35.5%	10,9 M €	+41.3%	7,7 M €	+34.7%	5,7 M €	-7.7%	6,2 M €	+60.9%	3,8 M €	-21.4%	4,9 M €	-22.7%	6,3 M €	-7.6%	6,9 M €	+780%	779,2 k €	-81.2%	4,2 M €
Operating result	4,3 M €	-22.0%	5,5 M €	-10.0%	6,1 M €	+297%	1,5 M €	-66.7%	4,6 M €	+18.4%	3,9 M €	+12.8%	3,4 M €	+24.9%	2,7 M €	-46.9%	5,2 M €	+33.6%	3,9 M €	+113%	1,8 M €	+2.1%	1,8 M €	+5350%	-33,9 k €	-102%	1,8 M €	-38.6%	2,9 M €	-10.2%	3,2 M €	+220%	-2,7 M €	-1161%	-211,5 k €
Net result	1,7 M €	-26.0%	2,3 M €	-26.4%	3,1 M €	+865%	-402,7 k €	-118%	2,3 M €	+12.8%	2 M €	+25.0%	1,6 M €	+12.3%	1,4 M €	-53.2%	3,1 M €	+35.2%	2,3 M €	+147%	919,3 k €	+433%	-276,2 k €	+74.4%	-1,1 M €	-1455%	79,7 k €	-90.0%	797,1 k €	-46.5%	1,5 M €	+143%	-3,5 M €	-22.0%	-2,8 M €
Balance sheet
Equity	33,8 M €	+4.7%	32,3 M €	+7.0%	30,2 M €	+11.3%	27,1 M €	-1.4%	27,5 M €	+9.1%	25,2 M €	+8.7%	23,2 M €	+7.5%	21,6 M €	+7.0%	20,2 M €	+16.7%	17,3 M €	+15.0%	15 M €	+6.2%	14,1 M €	-2.0%	14,4 M €	-7.2%	15,6 M €	+0.7%	15,5 M €	+6.3%	14,5 M €	+11.4%	13 M €	-21.0%	16,5 M €
Total assets	93,2 M €	+11.0%	84 M €	-3.6%	87,2 M €	-4.0%	90,8 M €	+20.4%	75,4 M €	-0.4%	75,7 M €	-9.7%	83,8 M €	+12.8%	74,3 M €	+6.0%	70,1 M €	+3.9%	67,5 M €	+3.9%	64,9 M €	+0.2%	64,8 M €	+5.7%	61,3 M €	-5.7%	65 M €	-1.4%	65,9 M €	+14.7%	57,4 M €	-1.1%	58,1 M €	-16.9%	69,9 M €
Cash	479,4 k €	+27.1%	377,2 k €	+196%	127,6 k €	-89.2%	1,2 M €	+93.6%	608,5 k €	-2.8%	626,4 k €	+797%	69,9 k €	-37.6%	111,9 k €	+3.9%	107,6 k €	-73.2%	402,3 k €	-71.0%	1,4 M €	+7.4%	1,3 M €	+1122%	106 k €	-78.4%	489,7 k €	-9.5%	541 k €	+530%	85,9 k €	-1.2%	86,9 k €	-46.9%	163,8 k €
Debts	57 M €	+16.9%	48,8 M €	-9.0%	53,6 M €	-13.3%	61,8 M €	+33.6%	46,3 M €	-6.9%	49,7 M €	-17.0%	59,9 M €	+15.6%	51,8 M €	+5.4%	49,1 M €	+1.7%	48,3 M €	-0.3%	48,5 M €	+0.3%	48,3 M €	+8.3%	44,6 M €	-5.0%	47 M €	-2.2%	48 M €	+19.3%	40,3 M €	-3.9%	41,9 M €	-17.5%	50,8 M €
Other
Workforce	637,5 ETP	-2.4%	653,4 ETP	-1.8%	665,5 ETP	-1.6%	676,6 ETP	-0.9%	682,6 ETP	-1.8%	695,0 ETP	-2.7%	714,0 ETP	-1.1%	722,2 ETP	-0.6%	726,2 ETP	-1.5%	736,9 ETP	-2.8%	758,5 ETP	-3.5%	785,9 ETP	-3.7%	816,5 ETP	-2.3%	836,1 ETP	+0.6%	830,8 ETP	+0.3%	828,4 ETP	-2.6%	850,6 ETP	-6.3%	907,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 36 ended

Active mandates

Guido Vangeel

Director · since 17 avril 2024 · until 21 juillet 2027

Active

Business Consulting Group

Director · since 01 janvier 2024 · until 15 avril 2026 · 0451.708.511

Represented by Benoit Thevelin

Active

Beltex Invest

Director · since 15 avril 2020 · until 15 avril 2026 · 0439.387.729

Represented by Aurélie Gribomont

Active

Jean-François GRIBOMONT

Chairman of the board of directors · since 15 avril 2020 · until 15 avril 2026

Active

Texbel Invest

Director · since 15 avril 2020 · until 15 avril 2026 · 0439.311.119

Represented by Henri Gribomont

Active

Ended mandates

Benoit THEVELIN

Director · since 20 avril 2022 · until 01 janvier 2024

Ended

Benoit THEVELIN

Director · since 20 avril 2022 · until 16 avril 2025

Ended

VHC

Director · since 21 avril 2021 · until 20 avril 2022 · 0437.779.410

Represented by Patrick van Houtryve

Ended

Beltex Invest

Director · since 15 avril 2020 · until 15 avril 2026 · 0439.387.729

Represented by Aurélie GRIBOMONT

Ended

At this address

Other companies at this address

Company	CBE no.
SODER● Active	0400.213.585
UTEXBEL YARNS● Active	0875.205.165

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	31/12/2020	31/12/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	30/12/2021	30/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	13 months	13 months
Filing date	04/05/2026	19/05/2025	06/05/2024	27/04/2023	28/04/2022	23/04/2021
General meeting	15/04/2026	16/04/2025	17/04/2024	19/04/2023	20/04/2022	21/04/2021
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

40 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/04/2026	04/05/2026	Dutch	PDF
Consolidated accounts	31/12/2025	15/04/2026	04/05/2026	Dutch	PDF
Full model	31/12/2024	16/04/2025	19/05/2025	Dutch	PDF
Consolidated accounts	31/12/2024	16/04/2025	15/05/2025	Dutch	PDF
Full model	31/12/2023	17/04/2024	06/05/2024	Dutch	PDF
Consolidated accounts	31/12/2023	17/04/2024	06/05/2024	Dutch	PDF
Full model	31/12/2022	19/04/2023	27/04/2023	Dutch	PDF
Consolidated accounts	31/12/2022	19/04/2023	26/04/2023	Dutch	PDF
Full model	30/12/2021	20/04/2022	28/04/2022	Dutch	PDF
Consolidated accounts	30/12/2021	20/04/2022	29/04/2022	Dutch	PDF
Full model	30/12/2020	21/04/2021	23/04/2021	Dutch	PDF
Consolidated accounts	30/12/2020	01/01/9999	23/04/2021	Dutch	PDF
Full model	30/12/2019	15/04/2020	22/04/2020	Dutch	PDF
Consolidated accounts	30/12/2019	15/04/2020	22/04/2020	Dutch	PDF
Full model	30/12/2018	17/04/2019	13/05/2019	Dutch	PDF
Consolidated accounts	30/12/2018	17/04/2019	13/05/2019	Dutch	PDF
Full model	30/12/2017	18/04/2018	25/04/2018	Dutch	PDF
Consolidated accounts	30/12/2017	18/04/2018	25/04/2018	Dutch	PDF
Full model	30/12/2016	19/04/2017	09/06/2017	Dutch	PDF
Consolidated accounts	30/12/2016	19/04/2017	08/06/2017	Dutch	PDF
Full model	30/12/2015	20/04/2016	27/04/2016	Dutch	PDF
Consolidated accounts	30/12/2015	20/04/2016	27/04/2016	Dutch	PDF
Full model	30/12/2014	15/04/2015	06/05/2015	Dutch	PDF
Consolidated accounts	30/12/2014	15/04/2015	06/05/2015	Dutch	PDF

View all 40 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 5 active · 36 ended

Active mandates

Guido Vangeel

Director · since 17 avril 2024 · until 21 juillet 2027

Active

Business Consulting Group

Director · since 01 janvier 2024 · until 15 avril 2026 · 0451.708.511

Represented by Benoit Thevelin

Active

Beltex Invest

Director · since 15 avril 2020 · until 15 avril 2026 · 0439.387.729

Represented by Aurélie Gribomont

Active

Jean-François GRIBOMONT

Chairman of the board of directors · since 15 avril 2020 · until 15 avril 2026

Active

Texbel Invest

Director · since 15 avril 2020 · until 15 avril 2026 · 0439.311.119

Represented by Henri Gribomont

Active

Ended mandates

Benoit THEVELIN

Director · since 20 avril 2022 · until 01 janvier 2024

Ended

Benoit THEVELIN

Director · since 20 avril 2022 · until 16 avril 2025

Ended

VHC

Director · since 21 avril 2021 · until 20 avril 2022 · 0437.779.410

Represented by Patrick van Houtryve

Ended

Beltex Invest

Director · since 15 avril 2020 · until 15 avril 2026 · 0439.387.729

Represented by Aurélie GRIBOMONT

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other26/04/2022
BOEKJAAR
PDF
Mandates27/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2020
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

15/04/2026
reconductionJean-François GRIBOMONT — bestuurder en voorzitter van de Raad van Bestuur
15/04/2026
reconductionTexbel Invest SA — bestuurder
15/04/2026
reconductionBeltex Invest NV — bestuurder
15/04/2026
reconductionBusiness Consulting Group BV — bestuurder
2025
Annual accounts 20251,7 M €↓
2024
Annual accounts 20242,3 M €↓
01/01/2024
nominationBV Business Consulting Group — bestuurder
2023
Annual accounts 20233,1 M €↑
2022
Annual accounts 2022-402,7 k €↓
20/04/2022
nominationBenoit Thevelin — bestuurder
20/04/2022
reconductionCVBA Baker Tilly Belgium Bedrijfsrevisoren — commissaris
2021
Annual accounts 20212,3 M €↑
2020
Annual accounts 20202 M €↑
15/04/2020
reconductionJean-François Gribomont — gedelegeerd-bestuurder
2019
Annual accounts 20191,6 M €↑
2018
Annual accounts 20181,4 M €↓
2017
Annual accounts 20173,1 M €↑
2016
Annual accounts 20162,3 M €↑
2015
Annual accounts 2015919,3 k €↑
2014
Annual accounts 2014-276,2 k €↑
2013
Annual accounts 2013-1,1 M €↓
2012
Annual accounts 201279,7 k €↓
2011
Annual accounts 2011797,1 k €↓
2010
Annual accounts 20101,5 M €↑
2009
Annual accounts 2009-3,5 M €↓
2008
Annual accounts 2008-2,8 M €
01/01/1974
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

Utexbel

Overview

What does Utexbel do?

Trend over 18 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