ACTIVE

BRUSTOR

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

20,7 M €

+15.8% YoY

Revenue

102,6 M €

-5.2% YoY

Equity

123,7 M €

+19.0% YoY

Workforce

263,5 ETP

-1.7% YoY

What does BRUSTOR do?

BRUSTOR is a Public limited company incorporated in 1988. Its main activity is: Manufacture of made-up textile articles, except apparel. Its registered office is in Wevelgem. It employs on average 263,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.751.318

Incorporation

04/11/1988

Legal form

Public limited company

Registered office

Muizelstraat 20
8560 Wevelgem · FlandreSee on map

Contributed capital

4 047 603,57 €

Latest accounts

31/12/2025

Average workforce

263,5 ETP

Activities (NACE)

13929Manufacture of made-up textile articles, except apparel· main 13929Manufacture of made-up textile articles, except apparel 17402Manufacture of paper and paper products

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	102,6 M €	-5.2%	108,2 M €	-9.3%	119,3 M €	-1.2%	120,7 M €	+88.7%	64 M €	+11.5%	57,3 M €	+19.3%	48,1 M €	+16.5%	41,2 M €		–		37,2 M €	+13.0%	32,9 M €		–		27,1 M €		–		–		28,8 M €	+23.2%	23,4 M €
EBITDA	22,5 M €	-4.6%	23,6 M €	-18.9%	29,1 M €	-8.3%	31,7 M €	+124%	14,1 M €	+23.9%	11,4 M €	+17.1%	9,7 M €	+4.2%	9,4 M €	+16.7%	8 M €	+5.2%	7,6 M €	+3.8%	7,3 M €	+21.9%	6 M €	+29.4%	4,7 M €	+11.1%	4,2 M €	+49.5%	2,8 M €	-38.0%	4,5 M €	+29.1%	3,5 M €
Operating result	20,4 M €	-6.8%	21,9 M €	-19.4%	27,2 M €	-8.5%	29,7 M €	+158%	11,5 M €	+29.1%	8,9 M €	+17.4%	7,6 M €	+19.8%	6,3 M €	-4.0%	6,6 M €	+7.9%	6,1 M €	-1.0%	6,2 M €	+23.3%	5 M €	+40.4%	3,6 M €	+6.2%	3,4 M €	+57.9%	2,1 M €	-43.0%	3,7 M €	+24.2%	3 M €
Net result	20,7 M €	+15.8%	17,8 M €	-19.9%	22,3 M €	-9.9%	24,7 M €	+165%	9,3 M €	+34.9%	6,9 M €	+19.4%	5,8 M €	+19.4%	4,9 M €	-16.7%	5,8 M €	+30.3%	4,5 M €	-1.6%	4,5 M €	+25.5%	3,6 M €	+50.2%	2,4 M €	+7.0%	2,3 M €	+61.2%	1,4 M €	-35.4%	2,2 M €	+16.3%	1,9 M €
Balance sheet
Equity	123,7 M €	+19.0%	103,9 M €	+14.1%	91,1 M €	+23.4%	73,8 M €	+138%	31 M €	-10.6%	34,7 M €	+15.6%	30 M €	+11.3%	27 M €	+9.6%	24,6 M €	+8.3%	22,7 M €	+13.9%	20 M €	+18.7%	16,8 M €	+17.2%	14,3 M €	+20.2%	11,9 M €	+23.3%	9,7 M €	+16.9%	8,3 M €	+196%	2,8 M €
Total assets	140,3 M €	+18.7%	118,2 M €	+12.9%	104,7 M €	+15.4%	90,7 M €	+109%	43,4 M €	-3.8%	45,1 M €	+20.4%	37,5 M €	+14.4%	32,7 M €	-1.7%	33,3 M €	+15.8%	28,7 M €	+4.6%	27,5 M €	+12.0%	24,5 M €	+27.0%	19,3 M €	+19.7%	16,1 M €	+26.4%	12,8 M €	-3.2%	13,2 M €	-4.4%	13,8 M €
Cash	35,5 M €	+54.6%	23 M €	-23.3%	29,9 M €	+11.0%	27 M €	+30.5%	20,7 M €	-18.2%	25,3 M €	+54.2%	16,4 M €	+86.3%	8,8 M €	-0.8%	8,9 M €	+64.6%	5,4 M €	+36.7%	3,9 M €	+17.5%	3,4 M €	-20.8%	4,2 M €	-20.2%	5,3 M €	+867%	549,6 k €	-22.0%	704,2 k €	-17.1%	849,5 k €
Debts	16,5 M €	+17.7%	14 M €	+4.8%	13,4 M €	-20.5%	16,9 M €	+37.8%	12,2 M €	+20.7%	10,1 M €	+40.5%	7,2 M €	+26.3%	5,7 M €	-33.0%	8,5 M €	+43.2%	6 M €	-16.8%	7,2 M €	-0.3%	7,2 M €	+61.8%	4,4 M €	+14.4%	3,9 M €	+29.8%	3 M €	-35.9%	4,7 M €	-57.6%	11 M €
Other
Workforce	263,5 ETP	-1.7%	268,0 ETP	+2.1%	262,4 ETP	+10.5%	237,4 ETP	+50.7%	157,5 ETP	+16.6%	135,1 ETP	+21.6%	111,1 ETP	+19.7%	92,8 ETP	-14.1%	108,0 ETP	+4.7%	103,2 ETP	+4.7%	98,6 ETP	+5.5%	93,5 ETP	+0.8%	92,8 ETP	+1.1%	91,8 ETP	+1.7%	90,3 ETP	+5.5%	85,6 ETP	+14.0%	75,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 37 ended

Active mandates

Isabelle Stichelbout

Director · since 01 décembre 2025 · until 07 mai 2027

Active

LIBEL

Managing director · 0876.283.746

Represented by Lieven BRUTSAERT

Active

White Hall

Director · 0425.704.393

Represented by Sofie Brutsaert

Active

Ended mandates

LIBEL

Managing director · since 28 juin 2019 · until 04 mai 2020 · 0876.283.746

Represented by Lieven Brutsaert

Ended

LIBEL

Managing director · since 28 juin 2019 · until 08 septembre 2020 · 0876.283.746

Represented by Brutsaert Lieven

Ended

White Hall

Director · since 28 juin 2019 · until 04 mai 2020 · 0425.704.393

Represented by Louis Brutsaert

Ended

White Hall

Director · since 28 juin 2019 · until 08 septembre 2020 · 0425.704.393

Represented by Brutsaert Louis

Ended

At this address

Other companies at this address

Company	CBE no.
LCB IMMO● Active	1015.002.159
LIBEL● Active	0876.283.746
LISACO HOLDING● Active	0891.640.925

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	01/01/2025	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	11/08/2026	18/07/2025	19/07/2024	27/07/2023	20/07/2022	23/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	11/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	09/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	25/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	22/05/2014	18/07/2014	Dutch	PDF
Abridged modelCorrection	31/12/2012	29/06/2013	08/10/2013	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	25/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	19/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 · 3 active · 37 ended

Active mandates

Isabelle Stichelbout

Director · since 01 décembre 2025 · until 07 mai 2027

Active

LIBEL

Managing director · 0876.283.746

Represented by Lieven BRUTSAERT

Active

White Hall

Director · 0425.704.393

Represented by Sofie Brutsaert

Active

Ended mandates

LIBEL

Managing director · since 28 juin 2019 · until 04 mai 2020 · 0876.283.746

Represented by Lieven Brutsaert

Ended

LIBEL

Managing director · since 28 juin 2019 · until 08 septembre 2020 · 0876.283.746

Represented by Brutsaert Lieven

Ended

White Hall

Director · since 28 juin 2019 · until 04 mai 2020 · 0425.704.393

Represented by Louis Brutsaert

Ended

White Hall

Director · since 28 juin 2019 · until 08 septembre 2020 · 0425.704.393

Represented by Brutsaert Louis

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/01/2025
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates29/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2016
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 202520,7 M €↑
01/12/2025
nominationSofie BRUTSAERT — vaste vertegenwoordiger
01/12/2025
nominationIsabelle STICHELBOUT — bijkomend bestuurder
13/12/2024
split
13/12/2024
reduction_capital
13/12/2024
augmentation_capital
01/07/2024
splitLISACO HOLDING
01/07/2024
splitSTOR ADMINISTRATIEKANTOOR
2023
Annual accounts 202317,8 M €↓
2022
Annual accounts 202222,3 M €↓
2021
Annual accounts 202124,7 M €↑
2018
Annual accounts 20189,3 M €↑
2017
Annual accounts 20176,9 M €↑
2016
Annual accounts 20165,8 M €↑
2015
Annual accounts 20154,9 M €↓
2014
Annual accounts 20145,8 M €↑
2013
Annual accounts 20134,5 M €↓
2012
Annual accounts 20124,5 M €↑
2011
Annual accounts 20113,6 M €↑
2010
Annual accounts 20102,4 M €↑
2009
Annual accounts 20092,3 M €↑
2008
Annual accounts 20081,4 M €↓
2007
Annual accounts 20072,2 M €↑
2006
Annual accounts 20061,9 M €
04/11/1988
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

BRUSTOR

Overview

What does BRUSTOR do?

Trend over 17 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