ACTIVE

ALTEX

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Financial year 2025 · closed on 30/09/2025

Net result

298,8 k €

+7.7% YoY

Gross margin

2,1 M €

+11.2% YoY

Equity

1,6 M €

+8.8% YoY

Workforce

27,0 ETP

0.0% YoY

What does ALTEX do?

ALTEX is a Private limited company incorporated in 1988. Its main activity is: Manufacture of made-up textile articles, except apparel. Its registered office is in Ledegem. It employs on average 27,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.502.680

Incorporation

07/10/1988

Legal form

Private limited company

Registered office

Driemastenstraat 5
8880 Ledegem · FlandreSee on map

Contributed capital

22 500,00 €

Latest accounts

30/09/2025

Average workforce

27,0 ETP

Activities (NACE)

13921Manufacture of made-up textile articles, except apparel· main 13921Manufacture of made-up textile articles, except apparel 17401Manufacture of paper and paper products 46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods 46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods 51160Passenger air transport+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	2,1 M €	+11.2%	1,9 M €	+22.6%	1,5 M €	+3.0%	1,5 M €	+3.6%	1,4 M €	+35.0%	1,1 M €	+12.0%	958,8 k €	+11.4%	861 k €	+2.4%	840,5 k €	+20.9%	695,3 k €	+10.4%	630 k €	+12.9%	558,2 k €	-15.5%	660,5 k €	+8.1%	611,1 k €	-1.9%	622,7 k €	+6.0%	587,5 k €	-7.7%	636,4 k €	+0.9%	630,4 k €	-1.1%	637,6 k €
EBITDA	654,2 k €	+9.4%	597,9 k €	+27.4%	469,4 k €	+14.1%	411,4 k €	-17.8%	500,7 k €	+46.5%	341,8 k €	+19.5%	285,9 k €	+64.3%	174 k €	-39.2%	286,4 k €	+23.4%	232 k €	+17.4%	197,6 k €	+116%	91,6 k €	-53.1%	195,3 k €	+22.7%	159,2 k €	-15.5%	188,4 k €	+3.1%	182,8 k €	-25.6%	245,7 k €	+8.6%	226,2 k €	-1.5%	229,7 k €
Operating result	463,1 k €	+6.3%	435,9 k €	+31.8%	330,7 k €	+18.2%	279,7 k €	-17.8%	340,2 k €	+48.3%	229,4 k €	+33.3%	172,1 k €	+100%	85,9 k €	-57.2%	200,6 k €	+66.6%	120,4 k €	+59.7%	75,4 k €	+88.8%	39,9 k €	-73.0%	147,8 k €	+35.6%	109 k €	-28.6%	152,7 k €	+12.4%	135,9 k €	-32.5%	201,2 k €	+7.5%	187,1 k €	+6.1%	176,3 k €
Net result	298,8 k €	+7.7%	277,4 k €	+28.0%	216,7 k €	+16.2%	186,5 k €	-26.3%	252,9 k €	+47.3%	171,7 k €	+30.6%	131,5 k €	+142%	54,4 k €	-56.0%	123,5 k €	+60.0%	77,2 k €	+41.2%	54,7 k €	+27.4%	42,9 k €	-69.8%	141,9 k €	+36.4%	104 k €	-28.5%	145,4 k €	+8.2%	134,5 k €	-26.5%	183 k €	+5.5%	173,5 k €	+12.0%	154,9 k €
Balance sheet
Equity	1,6 M €	+8.8%	1,5 M €	+12.3%	1,3 M €	-32.7%	1,9 M €	+2.9%	1,9 M €	+15.7%	1,6 M €	+11.9%	1,4 M €	+10.0%	1,3 M €	+2.7%	1,3 M €	+8.8%	1,2 M €	+7.1%	1,1 M €	+5.7%	1 M €	-4.7%	1,1 M €	+6.7%	1 M €	+7.3%	949,1 k €	+8.2%	877,2 k €	+9.3%	802,7 k €	+14.6%	700,5 k €	+15.7%	605,5 k €
Total assets	2,8 M €	+4.6%	2,7 M €	-2.2%	2,8 M €	-14.5%	3,2 M €	+5.0%	3,1 M €	+1.8%	3 M €	+47.6%	2,1 M €	+17.5%	1,7 M €	-2.2%	1,8 M €	+10.4%	1,6 M €	+8.8%	1,5 M €	+26.6%	1,2 M €	-7.6%	1,3 M €	+9.2%	1,2 M €	+3.8%	1,1 M €	+6.5%	1,1 M €	+3.1%	1 M €	+5.1%	971,5 k €	+12.5%	863,2 k €
Cash	219,9 k €	-9.9%	244 k €	-28.5%	341,1 k €	-33.1%	510,2 k €	+79.9%	283,6 k €	-57.0%	659,6 k €	+179%	236,1 k €	+142%	97,5 k €	-58.3%	233,7 k €	+8.3%	215,9 k €	-38.8%	352,7 k €	-51.3%	725 k €	-15.9%	861,9 k €	+69.8%	507,7 k €	+1.1%	502,3 k €	-28.5%	702,9 k €	+16.1%	605,7 k €	+85.5%	326,5 k €	+106%	158,8 k €
Debts	1,3 M €	-0.2%	1,3 M €	-14.2%	1,5 M €	+11.3%	1,3 M €	+8.3%	1,2 M €	-14.0%	1,4 M €	+132%	610,6 k €	+39.9%	436,6 k €	-14.3%	509,6 k €	+14.5%	445 k €	+13.5%	392 k €	+183%	138,3 k €	-24.8%	183,9 k €	+26.2%	145,7 k €	-15.4%	172,3 k €	-1.1%	174,2 k €	-20.3%	218,6 k €	-18.3%	267,4 k €	+3.8%	257,7 k €
Other
Workforce	27,0 ETP	0.0%	27,0 ETP	+16.4%	23,2 ETP	-1.3%	23,5 ETP	-0.8%	23,7 ETP	+24.1%	19,1 ETP	+9.1%	17,5 ETP		–		–		13,2 ETP	0.0%	13,2 ETP	-7.7%	14,3 ETP	0.0%	14,3 ETP	-5.9%	15,2 ETP	-3.2%	15,7 ETP	+0.6%	15,6 ETP	+6.8%	14,6 ETP	-13.1%	16,8 ETP	+2.4%	16,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 5 ended

Active mandates

D-DESIGN

Administrator - manager · since 11 mai 2016 · 0505.980.704

Represented by Peter Remi Jacques Desmedt

Active

Ended mandates

J. Desmedt Consult V.O.F.

Manager · since 11 mai 2016 · 0649.931.969

Represented by Johan Desmedt

Ended

J. Desmedt Consult VOF

Administrator - manager · since 11 mai 2016 · 0649.931.969

Represented by Johan Desmedt

Ended

J. Desmedt Consult VOF

Manager · since 11 mai 2016 · 0649.931.969

Represented by Johan Desmedt

Ended

D-DESIGN

Manager · 0505.980.704

Represented by PETER DESMEDT

Ended

At this address

Other companies at this address

Company	CBE no.
D-DESIGN● Active	0505.980.704
DR. L. GODERIS● Active	1023.835.295
GODERIS LIESBETH DR● Active	0507.870.125

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/03/2026	18/03/2025	21/03/2024	29/03/2023	01/06/2022	05/05/2021
General meeting	27/02/2026	28/02/2025	23/02/2024	24/02/2023	25/02/2022	26/02/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/02/2026	27/03/2026	Dutch	PDF
Abridged model	30/09/2024	28/02/2025	18/03/2025	Dutch	PDF
Abridged model	30/09/2023	23/02/2024	21/03/2024	Dutch	PDF
Abridged model	30/09/2022	24/02/2023	29/03/2023	Dutch	PDF
Abridged model	30/09/2021	25/02/2022	01/06/2022	Dutch	PDF
Abridged model	30/09/2020	26/02/2021	05/05/2021	Dutch	PDF
Abridged model	30/09/2019	28/02/2020	13/04/2020	Dutch	PDF
Micro model	30/09/2018	22/02/2019	06/05/2019	Dutch	PDF
Micro model	30/09/2017	23/02/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	24/02/2017	21/04/2017	Dutch	PDF
Abridged model	30/09/2015	26/02/2016	11/05/2016	Dutch	PDF
Abridged model	30/09/2014	26/11/2014	09/12/2014	Dutch	PDF
Abridged model	30/09/2013	28/02/2014	12/07/2014	Dutch	PDF
Abridged model	30/09/2012	22/02/2013	13/03/2013	Dutch	PDF
Abridged model	30/09/2011	24/02/2012	07/03/2012	Dutch	PDF
Abridged model	30/09/2010	25/02/2011	17/03/2011	Dutch	PDF
Abridged model	30/09/2009	26/02/2010	04/03/2010	Dutch	PDF
Abridged model	30/09/2008	27/02/2009	04/03/2009	Dutch	PDF
Abridged model	30/09/2007	29/02/2008	19/03/2008	Dutch	PDF
Abridged model	30/09/2006	23/02/2007	16/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/09/2025 · 1 active · 5 ended

Active mandates

D-DESIGN

Administrator - manager · since 11 mai 2016 · 0505.980.704

Represented by Peter Remi Jacques Desmedt

Active

Ended mandates

J. Desmedt Consult V.O.F.

Manager · since 11 mai 2016 · 0649.931.969

Represented by Johan Desmedt

Ended

J. Desmedt Consult VOF

Administrator - manager · since 11 mai 2016 · 0649.931.969

Represented by Johan Desmedt

Ended

J. Desmedt Consult VOF

Manager · since 11 mai 2016 · 0649.931.969

Represented by Johan Desmedt

Ended

D-DESIGN

Manager · 0505.980.704

Represented by PETER DESMEDT

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/10/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2016
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares08/01/2015
KAPITAAL - AANDELEN
PDF
Mandates10/09/2013
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025298,8 k €↑
2024
Annual accounts 2024277,4 k €↑
2023
Annual accounts 2023216,7 k €↑
2022
Annual accounts 2022186,5 k €↓
2021
Annual accounts 2021252,9 k €↑
2020
Annual accounts 2020171,7 k €↑
2019
Annual accounts 2019131,5 k €↑
2018
Annual accounts 201854,4 k €↓
2017
Annual accounts 2017123,5 k €↑
2016
Annual accounts 201677,2 k €↑
2015
Annual accounts 201554,7 k €↑
2014
Annual accounts 201442,9 k €↓
2013
Annual accounts 2013141,9 k €↑
2012
Annual accounts 2012104 k €↓
2011
Annual accounts 2011145,4 k €↑
2010
Annual accounts 2010134,5 k €↓
2009
Annual accounts 2009183 k €↑
2008
Annual accounts 2008173,5 k €↑
2007
Annual accounts 2007154,9 k €
07/10/1988
IncorporationPrivate 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

ALTEX

Overview

What does ALTEX 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