ACTIVE

INDUSTRIAL SOLUTIONS IN SOURCING AND STITCHING

Financial year 2025 · closed on 31/12/2025
Net result
147,4 k €
+111.3% YoY
Gross margin
504,6 k €
+27.6% YoY
Equity
230,2 k €
+67.3% YoY
Workforce
4,7 ETP
-2.1% YoY

What does INDUSTRIAL SOLUTIONS IN SOURCING AND STITCHING do?

INDUSTRIAL SOLUTIONS IN SOURCING AND STITCHING is a Private limited company incorporated in 2003. Its main activity is: Manufacture of other technical and industrial textiles. Its registered office is in Geraardsbergen. It employs on average 4,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0861.896.171
Incorporation
27/11/2003
Legal form
Private limited company
Registered office
Dagmoedstraat(Sch) 94B
9500 Geraardsbergen · Flandre
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
4,7 ETP
Joint committees (2)
  • 120
  • 214
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin504,6 k €395,6 k €319,4 k €259,6 k €301,2 k €317,8 k €209,2 k €243,4 k €244,5 k €124,7 k €51,2 k €56 k €47,8 k €56,9 k €56,9 k €-17,4 k €17,2 k €24,3 k €20 k €4,4 k €
EBITDA265,7 k €171,9 k €104,2 k €79,3 k €158,6 k €203,2 k €63 k €134,3 k €143,5 k €40,7 k €20,4 k €27,4 k €28,6 k €42,6 k €56,3 k €-18,5 k €16 k €23,7 k €19,4 k €3,9 k €
Operating result220,9 k €108,6 k €36,6 k €33,5 k €120,8 k €164 k €17,5 k €72,4 k €85,5 k €31,8 k €9,8 k €21,9 k €22 k €33,9 k €47,7 k €-19,2 k €9,2 k €9 k €19,2 k €3,4 k €
Net result147,4 k €69,8 k €17 k €26,1 k €82,8 k €116,7 k €5,3 k €41,7 k €53,7 k €14,7 k €681 €10,5 k €12,2 k €19,2 k €28,4 k €2,5 k €758 €2,3 k €10,7 k €911 €
Balance sheet
Equity230,2 k €137,6 k €127,6 k €157,5 k €196,1 k €233,3 k €127,1 k €121,7 k €80 k €60,6 k €101,6 k €100,9 k €90,4 k €78,2 k €59 k €30,6 k €28,1 k €27,3 k €25 k €14,3 k €
Total assets687,6 k €613 k €680,6 k €606,6 k €599,3 k €644,6 k €540,5 k €528,9 k €555,2 k €362,3 k €256 k €230,7 k €188,8 k €154,2 k €263,2 k €262,2 k €204,3 k €200,3 k €186,3 k €133,4 k €
Cash129,5 k €83,8 k €61,6 k €87,3 k €154,6 k €174,2 k €55,4 k €28,9 k €66,5 k €88,9 k €55,2 k €65,8 k €30 k €42,4 k €107,5 k €32,7 k €30,2 k €38,3 k €19,7 k €
Debts457,5 k €475,5 k €549 k €449,1 k €403,2 k €411,4 k €413,3 k €407,2 k €475,2 k €301,7 k €154,4 k €129,7 k €98,4 k €76 k €204,2 k €225,7 k €176,2 k €172,9 k €157,7 k €116,7 k €
Other
Workforce4,7 ETP4,8 ETP4,9 ETP4,9 ETP3,4 ETP2,9 ETP3,0 ETP3,8 ETP3,8 ETP2,1 ETP1,1 ETP1,0 ETP0,6 ETP0,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

VINCENT GALLE

Director

Active

Ended mandates

HENDRIK STAELS

Director

Ended
HENDRIK STAELS

Manager

Ended
VINCENT GALLE

Manager

Ended
At this address

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HATORActive
0672.955.415
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date26/08/202628/08/202528/08/202430/08/202331/08/202230/08/2021
General meeting16/06/202617/06/202511/06/202420/06/202321/06/202215/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202626/08/2026DutchPDF
Abridged model31/12/202417/06/202528/08/2025DutchPDF
Abridged model31/12/202311/06/202428/08/2024DutchPDF
Abridged model31/12/202220/06/202330/08/2023DutchPDF
Abridged model31/12/202121/06/202231/08/2022DutchPDF
Abridged model31/12/202015/06/202130/08/2021DutchPDF
Abridged model31/12/201916/06/202030/10/2020DutchPDF
Abridged model31/12/201818/06/201929/08/2019DutchPDF
Abridged model31/12/201707/05/201830/08/2018DutchPDF
Abridged model31/12/201620/06/201731/08/2017DutchPDF
Abridged model31/12/201521/06/201631/08/2016DutchPDF
Abridged model31/12/201416/06/201531/08/2015DutchPDF
Abridged model31/12/201317/06/201426/08/2014DutchPDF
Abridged model31/12/201218/06/201330/08/2013DutchPDF
Abridged model31/12/201119/06/201228/08/2012DutchPDF
Abridged model31/12/201021/06/201123/08/2011DutchPDF
Abridged model31/12/200930/06/201031/08/2010DutchPDF
Abridged model31/12/200830/06/200928/08/2009DutchPDF
Abridged model31/12/200717/06/200822/08/2008DutchPDF
Abridged model31/12/200612/06/200726/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 3 ended

Active mandates

VINCENT GALLE

Director

Active

Ended mandates

HENDRIK STAELS

Director

Ended
HENDRIK STAELS

Manager

Ended
VINCENT GALLE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/10/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office06/09/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/01/2004
    SIEGE SOCIAL
    PDF
  • Other04/12/2003
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025147,4 k €
  2. 2024
    Annual accounts 202469,8 k €
  3. 2023
    Annual accounts 202317 k €
  4. 2022
    Annual accounts 202226,1 k €
  5. 2021
    Annual accounts 202182,8 k €
  6. 2020
    Annual accounts 2020116,7 k €
  7. 2019
    Annual accounts 20195,3 k €
  8. 2018
    Annual accounts 201841,7 k €
  9. 2017
    Annual accounts 201753,7 k €
  10. 2016
    Annual accounts 201614,7 k €
  11. 2015
    Annual accounts 2015681 €
  12. 2014
    Annual accounts 201410,5 k €
  13. 2013
    Annual accounts 201312,2 k €
  14. 2012
    Annual accounts 201219,2 k €
  15. 2011
    Annual accounts 201128,4 k €
  16. 2010
    Annual accounts 20102,5 k €
  17. 2009
    Annual accounts 2009758 €
  18. 2008
    Annual accounts 20082,3 k €
  19. 2007
    Annual accounts 200710,7 k €
  20. 2006
    Annual accounts 2006911 €
  21. 27/11/2003
    IncorporationPrivate limited company