ACTIVE

JOS VANNESTE

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Financial year 2025 · Closed on 31/12/2025

Net result3 M €+105,8 %over 1 year
Revenue52 M €-19,2 %over 1 year
Equity7 M €+50,4 %over 1 year
Workforce49,7 ETP+3,8 %over 1 year

Identity

Source · BCE/KBO

JOS VANNESTE is a Public limited company incorporated in 1986. Its main activity is: Preparation and spinning of textile fibres. Its registered office is in Harelbeke. It employs on average 49,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.663.784
Incorporation
14/03/1986
Legal form
Public limited company
Registered office
Peter Pauwel Rubensstraat 3
8530 Harelbeke · FlandreSee on map
Contributed capital
1 100 000,00 €
Latest accounts
31/12/2025
Average workforce
49,7 ETP
Joint committees (7)
  • 120
  • 12002
  • 144
  • 1440
  • 200
  • 214
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue52 M €64,4 M €62,3 M €50 M €42,3 M €
EBITDA5,3 M €3,3 M €5,4 M €3 M €3,1 M €
Operating result4,5 M €2,5 M €4,8 M €2,4 M €2,4 M €
Net result3 M €1,4 M €3,2 M €1,5 M €1,6 M €
Balance sheet
Equity7 M €4,7 M €5 M €3,9 M €3,7 M €
Total assets16,2 M €16,3 M €15,7 M €13,4 M €13,9 M €
Cash309,1 k €241,4 k €1,1 M €788,8 k €1,6 M €
Debts9,2 M €11,6 M €10,7 M €9,4 M €10,2 M €
Other
Workforce49,7 ETP47,9 ETP44,3 ETP41,8 ETP38,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 20 ended

Active mandates

FLANDERS FLAX HOLDING

Managing director · 0803.680.038

Represented by Alex Vanneste

Active
Sophie Rombouts

Director

Active

Ended mandates

FLANDERS FLAX IMMO

Managing director · since 07 juin 2017 · until 07 juin 2023 · 0884.058.592

Represented by Vanneste Alex

Ended
FLANDERS FLAX IMMO

Managing director · since 07 juin 2017 · until 07 juin 2023 · 0884.058.592

Represented by Alex Vanneste

Ended
Sophie Rombouts

Director · since 07 juin 2017 · until 07 juin 2023

Ended
FLANDERS FLAX IMMO

Managing director · since 01 décembre 2011 · until 07 juin 2017 · 0884.058.592

Represented by Alex Vanneste

Ended

Other companies at this address

Peter Pauwel Rubensstraat 3 8530 Harelbeke
CompanyCBE no.
FLANDERS FLAX HOLDING● Active
0803.680.038
FLANDERS FLAX IMMO● Active
0884.058.592

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/05/202611/07/202511/06/202417/05/202301/06/202229/06/2021
General meeting27/04/202628/06/202505/06/202415/05/202320/05/202202/06/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/04/202607/05/2026DutchPDF
Full model31/12/202428/06/202511/07/2025DutchPDF
Full model31/12/202305/06/202411/06/2024DutchPDF
Full model31/12/202215/05/202317/05/2023DutchPDF
Full model31/12/202120/05/202201/06/2022DutchPDF
Full model31/12/202002/06/202129/06/2021DutchPDF
Full model31/12/201915/06/202016/06/2020DutchPDF
Full model31/12/201828/03/201905/04/2019DutchPDF
Full model31/12/201729/06/201812/07/2018DutchPDF
Full model31/12/201607/06/201711/07/2017DutchPDF
Full model31/12/201501/06/201630/06/2016DutchPDF
Full model31/12/201419/06/201517/07/2015DutchPDF
Full model31/12/201304/06/201404/07/2014DutchPDF
Full model30/06/201224/12/201222/01/2013DutchPDF
Full model30/06/201101/12/201127/12/2011DutchPDF
Full model30/06/201015/11/201009/12/2010DutchPDF
Full model30/06/200930/10/200924/11/2009DutchPDF
Full model30/06/200830/12/200828/01/2009DutchPDF
Full model30/06/200717/12/200718/01/2008DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 20 ended

Active mandates

FLANDERS FLAX HOLDING

Managing director · 0803.680.038

Represented by Alex Vanneste

Active
Sophie Rombouts

Director

Active

Ended mandates

FLANDERS FLAX IMMO

Managing director · since 07 juin 2017 · until 07 juin 2023 · 0884.058.592

Represented by Vanneste Alex

Ended
FLANDERS FLAX IMMO

Managing director · since 07 juin 2017 · until 07 juin 2023 · 0884.058.592

Represented by Alex Vanneste

Ended
Sophie Rombouts

Director · since 07 juin 2017 · until 07 juin 2023

Ended
FLANDERS FLAX IMMO

Managing director · since 01 décembre 2011 · until 07 juin 2017 · 0884.058.592

Represented by Alex Vanneste

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares26/01/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates06/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/07/2013
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253 M €↑
  2. 2024
    Annual accounts 20241,4 M €↓
  3. 2023
    Annual accounts 20233,2 M €↑
  4. 2022
    Annual accounts 20221,5 M €↓
  5. 2021
    Annual accounts 20211,6 M €↑
  6. 2018
    Annual accounts 2018335,8 k €↑
  7. 2017
    Annual accounts 2017-806,4 k €↓
  8. 2016
    Annual accounts 201616,5 k €↓
  9. 2015
    Annual accounts 2015298,7 k €↓
  10. 2014
    Annual accounts 20141,5 M €↑
  11. 2013
    Annual accounts 2013-518,3 k €↓
  12. 2012
    Annual accounts 2012146,4 €↓
  13. 2011
    Annual accounts 2011170,6 k €↑
  14. 2010
    Annual accounts 2010-193,4 k €↓
  15. 2009
    Annual accounts 2009110,1 k €↑
  16. 2008
    Annual accounts 2008-289,5 k €↓
  17. 2007
    Annual accounts 2007312,6 k €
  18. 14/03/1986
    IncorporationPublic limited company