ACTIVE

CONCORDIA TEXTILES

Financial year 2025 · closed on 31/12/2025
Net result
174,5 k €
-34.2% YoY
Revenue
54,7 M €
-5.2% YoY
Equity
19 M €
+0.9% YoY
Workforce
221,0 ETP
-4.0% YoY

What does CONCORDIA TEXTILES do?

CONCORDIA TEXTILES is a Public limited company incorporated in 1997. Its main activity is: Weaving of textiles. Its registered office is in Waregem. It employs on average 221,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.935.981
Incorporation
25/06/1997
Legal form
Public limited company
Registered office
Flanders-Fieldweg 37
8790 Waregem · FlandreSee on map
Contributed capital
12 382 037,00 €
Latest accounts
31/12/2025
Average workforce
221,0 ETP
Joint committees (2)
  • 120
  • 214
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132011
Income statement
Revenue54,7 M €57,7 M €60,4 M €57,4 M €50 M €43,8 M €42,8 M €45,9 M €43,8 M €41,6 M €44,5 M €41,2 M €44,2 M €1,9 M €
EBITDA1,4 M €1,9 M €4,4 M €3,3 M €1,9 M €1,6 M €1,2 M €1,6 M €1,8 M €989 k €1,1 M €872,9 k €2,1 M €22,6 k €
Operating result734,8 k €977,3 k €2,9 M €1,9 M €1,2 M €687,5 k €365,5 k €929,9 k €999,7 k €-44,7 k €418,3 k €452,8 k €1,1 M €22,6 k €
Net result174,5 k €265,1 k €2,1 M €1,3 M €1,2 M €548,1 k €65,3 k €598 k €569,9 k €-373,8 k €76,7 k €-15,8 k €430,2 k €21,2 k €
Balance sheet
Equity19 M €18,8 M €18,5 M €16,4 M €15,1 M €13,9 M €13,4 M €13,3 M €12,7 M €12,1 M €12,5 M €12,4 M €12,4 M €63,4 k €
Total assets36,6 M €35 M €36,9 M €36,9 M €34,3 M €29,3 M €27,4 M €26,1 M €26,3 M €24,6 M €25,2 M €23,9 M €22,1 M €189,4 k €
Cash419,4 k €499,3 k €441,6 k €312,1 k €63,2 k €301,4 k €378,8 k €339,2 k €193,1 k €962,5 k €474,4 k €238,5 k €336,5 k €41 k €
Debts16,9 M €15,1 M €17,5 M €19,2 M €18,6 M €14,5 M €13,4 M €12,5 M €13 M €11,1 M €11,8 M €10,3 M €8,3 M €126,1 k €
Other
Workforce221,0 ETP230,3 ETP231,3 ETP236,6 ETP244,9 ETP215,8 ETP219,0 ETP226,1 ETP236,9 ETP241,6 ETP244,0 ETP247,5 ETP247,8 ETP1,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 29 ended

Active mandates

DECITEX

Managing director · since 14 juillet 2025 · until 27 juin 2029 · 0439.838.085

Represented by Emmanuel Tuytens

Active
HILL

Director · since 14 juillet 2025 · until 27 juin 2029 · 0430.475.706

Represented by Patric Tuytens

Active
MIDELCO

Director · since 14 juillet 2025 · until 27 juin 2029 · 0430.555.581

Represented by Philippe Vlerick

Active
SHOPINVEST

Director · since 14 juillet 2025 · until 27 juin 2029 · 0440.907.956

Represented by Kristof Talpe

Active
WIKINGER

Managing director · since 14 juillet 2025 · until 27 juin 2029 · 0832.558.621

Represented by Carl Baekelandt

Active

Ended mandates

DECITEX

Managing director · since 30 juin 2021 · until 25 juin 2025 · 0439.838.085

Represented by Emmanuel Tuytens

Ended
DECITEX

Managing director · since 30 juin 2021 · until 14 juillet 2025 · 0439.838.085

Represented by Emmanuel Tuytens

Ended
HILL

bestuurder · since 30 juin 2021 · until 25 juin 2025 · 0430.475.706

Represented by Patric Tuytens

Ended
HILL

Director · since 30 juin 2021 · until 25 juin 2025 · 0430.475.706

Represented by Patric Tuytens

Ended
At this address

Other companies at this address

CompanyCBE no.
1015.859.521
DE ROBAERTBEEKActive
0440.188.968
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date23/07/202628/07/202526/08/202411/07/202328/07/202223/12/2021
General meeting24/06/202614/07/202517/07/202428/06/202329/06/202201/01/9999
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

30 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202524/06/202623/07/2026DutchPDF
Full model31/12/202414/07/202528/07/2025DutchPDF
Consolidated accounts31/12/202414/07/202519/12/2025DutchPDF
Full model31/12/202317/07/202426/08/2024DutchPDF
Consolidated accounts31/12/202317/07/202423/12/2024DutchPDF
Full model31/12/202228/06/202311/07/2023DutchPDF
Consolidated accounts31/12/202228/06/202318/12/2023DutchPDF
Full model31/12/202129/06/202228/07/2022DutchPDF
Consolidated accounts31/12/202129/06/202208/12/2022DutchPDF
Full model31/12/202030/06/202102/07/2021DutchPDF
Consolidated accounts31/12/202001/01/999923/12/2021DutchPDF
Full model31/12/201924/06/202006/07/2020DutchPDF
Consolidated accounts31/12/201924/06/202028/12/2020DutchPDF
Full model31/12/201826/06/201910/07/2019DutchPDF
Consolidated accounts31/12/201826/06/201913/01/2020DutchPDF
Full model31/12/201727/06/201820/07/2018DutchPDF
Consolidated accounts31/12/201727/06/201831/12/2018DutchPDF
Full model31/12/201628/06/201710/07/2017DutchPDF
Consolidated accounts31/12/201628/06/201713/04/2018DutchPDF
Full model31/12/201529/06/201605/07/2016DutchPDF
Consolidated accounts31/12/201528/06/201718/07/2017DutchPDF
Full model31/12/201430/06/201526/08/2015DutchPDF
Full model31/12/201318/07/201418/08/2014DutchPDF
Full model31/12/201226/06/201326/08/2013DutchPDF

View all 30 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 29 ended

Active mandates

DECITEX

Managing director · since 14 juillet 2025 · until 27 juin 2029 · 0439.838.085

Represented by Emmanuel Tuytens

Active
HILL

Director · since 14 juillet 2025 · until 27 juin 2029 · 0430.475.706

Represented by Patric Tuytens

Active
MIDELCO

Director · since 14 juillet 2025 · until 27 juin 2029 · 0430.555.581

Represented by Philippe Vlerick

Active
SHOPINVEST

Director · since 14 juillet 2025 · until 27 juin 2029 · 0440.907.956

Represented by Kristof Talpe

Active
WIKINGER

Managing director · since 14 juillet 2025 · until 27 juin 2029 · 0832.558.621

Represented by Carl Baekelandt

Active

Ended mandates

DECITEX

Managing director · since 30 juin 2021 · until 25 juin 2025 · 0439.838.085

Represented by Emmanuel Tuytens

Ended
DECITEX

Managing director · since 30 juin 2021 · until 14 juillet 2025 · 0439.838.085

Represented by Emmanuel Tuytens

Ended
HILL

bestuurder · since 30 juin 2021 · until 25 juin 2025 · 0430.475.706

Represented by Patric Tuytens

Ended
HILL

Director · since 30 juin 2021 · until 25 juin 2025 · 0430.475.706

Represented by Patric Tuytens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2015
    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

Timeline

  1. 2025
    Annual accounts 2025174,5 k €
  2. 2024
    Annual accounts 2024265,1 k €
  3. 2023
    Annual accounts 20232,1 M €
  4. 2022
    Annual accounts 20221,3 M €
  5. 2021
    Annual accounts 20211,2 M €
  6. 2020
    Annual accounts 2020548,1 k €
  7. 2019
    Annual accounts 201965,3 k €
  8. 2018
    Annual accounts 2018598 k €
  9. 2017
    Annual accounts 2017569,9 k €
  10. 2016
    Annual accounts 2016-373,8 k €
  11. 2015
    Annual accounts 201576,7 k €
  12. 2014
    Annual accounts 2014-15,8 k €
  13. 2013
    Annual accounts 2013430,2 k €
  14. 2011
    Annual accounts 201121,2 k €
  15. 25/06/1997
    IncorporationPublic limited company