ACTIVE

Utexbel

Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €-26,0 %over 1 year
Revenue124,1 M €-1,1 %over 1 year
Equity33,8 M €+4,7 %over 1 year
Workforce637,5 ETP-2,4 %over 1 year

Identity

Source · BCE/KBO

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)
  • 120
  • 214
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue124,1 M €125,4 M €126,6 M €119,2 M €116,6 M €
EBITDA9,5 M €9,5 M €11,2 M €5,5 M €9,1 M €
Operating result4,3 M €5,5 M €6,1 M €1,5 M €4,6 M €
Net result1,7 M €2,3 M €3,1 M €-402,7 k €2,3 M €
Balance sheet
Equity33,8 M €32,3 M €30,2 M €27,1 M €27,5 M €
Total assets93,2 M €84 M €87,2 M €90,8 M €75,4 M €
Cash479,4 k €377,2 k €127,6 k €1,2 M €608,5 k €
Debts57 M €48,8 M €53,6 M €61,8 M €46,3 M €
Other
Workforce637,5 ETP653,4 ETP665,5 ETP676,6 ETP682,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 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

Other companies at this address

Avenue César Snoeck 30 9600 Ronse
CompanyCBE no.
SODER● Active
0400.213.585
UTEXBEL YARNS● Active
0875.205.165

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202231/12/202031/12/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202230/12/202130/12/2020
Length of the financial year12 months12 months12 months12 months13 months13 months
Filing date04/05/202619/05/202506/05/202427/04/202328/04/202223/04/2021
General meeting15/04/202616/04/202517/04/202419/04/202320/04/202221/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/04/202604/05/2026DutchPDF
Consolidated accounts31/12/202515/04/202604/05/2026DutchPDF
Full model31/12/202416/04/202519/05/2025DutchPDF
Consolidated accounts31/12/202416/04/202515/05/2025DutchPDF
Full model31/12/202317/04/202406/05/2024DutchPDF
Consolidated accounts31/12/202317/04/202406/05/2024DutchPDF
Full model31/12/202219/04/202327/04/2023DutchPDF
Consolidated accounts31/12/202219/04/202326/04/2023DutchPDF
Full model30/12/202120/04/202228/04/2022DutchPDF
Consolidated accounts30/12/202120/04/202229/04/2022DutchPDF
Full model30/12/202021/04/202123/04/2021DutchPDF
Consolidated accounts30/12/202001/01/999923/04/2021DutchPDF
Full model30/12/201915/04/202022/04/2020DutchPDF
Consolidated accounts30/12/201915/04/202022/04/2020DutchPDF
Full model30/12/201817/04/201913/05/2019DutchPDF
Consolidated accounts30/12/201817/04/201913/05/2019DutchPDF
Full model30/12/201718/04/201825/04/2018DutchPDF
Consolidated accounts30/12/201718/04/201825/04/2018DutchPDF
Full model30/12/201619/04/201709/06/2017DutchPDF
Consolidated accounts30/12/201619/04/201708/06/2017DutchPDF
Full model30/12/201520/04/201627/04/2016DutchPDF
Consolidated accounts30/12/201520/04/201627/04/2016DutchPDF
Full model30/12/201415/04/201506/05/2015DutchPDF
Consolidated accounts30/12/201415/04/201506/05/2015DutchPDF
Full model30/12/201316/04/201408/05/2014DutchPDF
Consolidated accounts30/12/201316/04/201408/05/2014DutchPDF
Full model30/12/201217/04/201330/04/2013DutchPDF
Consolidated accounts30/12/201217/04/201330/04/2013DutchPDF
Full model30/12/201118/04/201224/04/2012DutchPDF
Consolidated accounts30/12/201118/04/201224/04/2012DutchPDF
Full model30/12/201020/04/201120/04/2011DutchPDF
Consolidated accounts30/12/201020/04/201120/04/2011DutchPDF
Full model30/12/200921/04/201028/04/2010DutchPDF
Consolidated accounts30/12/200921/04/201028/04/2010DutchPDF
Full model30/12/200815/04/200912/05/2009DutchPDF
Consolidated accounts30/12/200815/04/200913/05/2009DutchPDF
Full model30/12/200716/04/200815/05/2008DutchPDF
Consolidated accounts30/12/200716/04/200815/05/2008DutchPDF
Full model30/12/200618/04/200713/06/2007DutchPDF
Consolidated accounts30/12/200618/04/200723/05/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 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

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

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

See the Business plan

Timeline

  1. 15/04/2026
    reconductionJean-François GRIBOMONT — bestuurder en voorzitter van de Raad van Bestuur
  2. 15/04/2026
    reconductionTexbel Invest SA — bestuurder
  3. 15/04/2026
    reconductionBeltex Invest NV — bestuurder
  4. 15/04/2026
    reconductionBusiness Consulting Group BV — bestuurder
  5. 2025
    Annual accounts 20251,7 M €↓
  6. 2024
    Annual accounts 20242,3 M €↓
  7. 01/01/2024
    nominationBV Business Consulting Group — bestuurder
  8. 2023
    Annual accounts 20233,1 M €↑
  9. 2022
    Annual accounts 2022-402,7 k €↓
  10. 20/04/2022
    nominationBenoit Thevelin — bestuurder
  11. 20/04/2022
    reconductionCVBA Baker Tilly Belgium Bedrijfsrevisoren — commissaris
  12. 2021
    Annual accounts 20212,3 M €↑
  13. 2020
    Annual accounts 20202 M €↑
  14. 15/04/2020
    reconductionJean-François Gribomont — gedelegeerd-bestuurder
  15. 2019
    Annual accounts 20191,6 M €↑
  16. 2018
    Annual accounts 20181,4 M €↓
  17. 2017
    Annual accounts 20173,1 M €↑
  18. 2016
    Annual accounts 20162,3 M €↑
  19. 2015
    Annual accounts 2015919,3 k €↑
  20. 2014
    Annual accounts 2014-276,2 k €↑
  21. 2013
    Annual accounts 2013-1,1 M €↓
  22. 2012
    Annual accounts 201279,7 k €↓
  23. 2011
    Annual accounts 2011797,1 k €↓
  24. 2010
    Annual accounts 20101,5 M €↑
  25. 2009
    Annual accounts 2009-3,5 M €↓
  26. 2008
    Annual accounts 2008-2,8 M €
  27. 01/01/1974
    IncorporationPublic limited company