ACTIVE

GLOBALTEX

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Financial year 2025 · closed on 31/12/2025

Net result

392,8 k €

-20.6% YoY

Revenue

34 M €

-18.9% YoY

Equity

3 M €

+0.1% YoY

Workforce

1,0 ETP

0.0% YoY

What does GLOBALTEX do?

GLOBALTEX is a Private limited company incorporated in 2007. Its main activity is: Wholesale of textiles. Its registered office is in Waregem. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.201.932

Incorporation

26/10/2007

Legal form

Private limited company

Registered office

Stijn Streuvelsstraat 99
8790 Waregem · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

46411Wholesale of textiles· main 46411Wholesale of textiles 46769Wholesale of other intermediate products 46869Wholesale trade, except of motor vehicles and motorcycles 51550Air transport 20140Manufacture of other organic basic chemicals+12

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	34 M €	-18.9%	42 M €	+6.2%	39,5 M €	-23.6%	51,7 M €	-21.5%	65,9 M €	+34.0%	49,2 M €	-14.0%	57,2 M €	-10.9%	64,2 M €	+10.9%	57,9 M €	+12.9%	51,3 M €	+7.5%	47,7 M €	+40.6%	33,9 M €	-21.8%	43,3 M €	+22.1%	35,5 M €	+16.6%	30,4 M €	-2.7%	31,3 M €	+120%	14,2 M €	+57.4%	9 M €
EBITDA	1,4 M €	-21.4%	1,8 M €	+24.3%	1,4 M €	-7.9%	1,6 M €	-12.0%	1,8 M €	-15.5%	2,1 M €	-8.5%	2,3 M €	+8.2%	2,1 M €	-20.0%	2,6 M €	+25.6%	2,1 M €	+165%	794 k €	+113%	372,3 k €	-39.2%	612,8 k €	-31.8%	898,4 k €	+2.7%	874,4 k €	-23.2%	1,1 M €	+73.9%	655,2 k €	+65.5%	395,9 k €
Operating result	1,4 M €	-19.5%	1,8 M €	+31.7%	1,3 M €	-8.5%	1,5 M €	-17.3%	1,8 M €	-7.2%	1,9 M €	-16.6%	2,3 M €	+12.7%	2 M €	-23.2%	2,6 M €	+25.8%	2,1 M €	+181%	741 k €	+95.6%	378,8 k €	-36.3%	594,3 k €	-33.4%	892,6 k €	+2.7%	868,8 k €	-23.5%	1,1 M €	+74.1%	652,5 k €	+65.2%	395,1 k €
Net result	392,8 k €	-20.6%	494,9 k €	-24.2%	653 k €	+14.6%	569,6 k €	-54.3%	1,2 M €	+39.9%	892 k €	-32.8%	1,3 M €	+21.8%	1,1 M €	-14.1%	1,3 M €	+17.5%	1,1 M €	+79.0%	603,1 k €	+651%	80,3 k €	-62.5%	213,9 k €	-63.5%	586,6 k €	+112%	277 k €	-65.5%	803,6 k €	+166%	302,2 k €	+140%	126,1 k €
Balance sheet
Equity	3 M €	+0.1%	3 M €	+0.2%	3 M €	+0.1%	3 M €	+0.7%	3 M €	+9.0%	2,7 M €	+3.5%	2,7 M €	+3.0%	2,6 M €	+3.6%	2,5 M €	-1.3%	2,5 M €	+3.3%	2,4 M €	+0.1%	2,4 M €	+3.4%	2,4 M €	+10.0%	2,1 M €	+37.6%	1,6 M €	+21.6%	1,3 M €	+168%	478,4 k €	+172%	176,1 k €
Total assets	17,6 M €	-23.6%	23,1 M €	+32.5%	17,4 M €	-4.9%	18,3 M €	-27.6%	25,3 M €	+23.7%	20,5 M €	+1.2%	20,2 M €	-7.9%	22 M €	+10.7%	19,8 M €	+14.7%	17,3 M €	+7.2%	16,1 M €	+22.8%	13,1 M €	+13.4%	11,6 M €	+2.8%	11,3 M €	+17.0%	9,6 M €	-6.1%	10,3 M €	+74.0%	5,9 M €	+14.6%	5,1 M €
Cash	673,2 k €	-45.3%	1,2 M €	+112%	579,5 k €	-40.6%	976,2 k €	-12.1%	1,1 M €	+139%	465,7 k €	+0.5%	463,6 k €	-68.7%	1,5 M €	+54.7%	957,3 k €	+69.4%	565,2 k €	-38.2%	914,8 k €	+21.9%	750,3 k €	-48.2%	1,4 M €	+63.6%	885,1 k €	+3.8%	852,6 k €	+10.0%	775,4 k €	+6.7%	726,8 k €	+97.7%	367,7 k €
Debts	14,3 M €	-26.0%	19,4 M €	+36.0%	14,3 M €	-5.2%	15 M €	-32.1%	22,1 M €	+25.6%	17,6 M €	+0.9%	17,5 M €	-7.7%	18,9 M €	+9.5%	17,3 M €	+22.2%	14,1 M €	+4.9%	13,5 M €	+31.1%	10,3 M €	+11.7%	9,2 M €	+1.3%	9,1 M €	+20.6%	7,5 M €	-14.4%	8,8 M €	+69.7%	5,2 M €	+8.9%	4,8 M €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

DAMELO

Director · since 15 juin 2012 · 0894.762.543

Represented by Damman Philippe Emile

Active

GELEEN

Director · since 15 juin 2012 · 0816.919.350

Represented by Blancke Cindy

Active

MDM

Director · since 26 octobre 2007 · 0438.363.289

Represented by Dewaele Marc

Active

Ended mandates

DAMELO

Manager · since 15 juin 2012 · 0894.762.543

Represented by PHILIPPE DAMMAN

Ended

DAMELO

Director · since 15 juin 2012 · 0894.762.543

Represented by Damman PHILIPPE

Ended

GELEEN

Manager · since 15 juin 2012 · 0816.919.350

Represented by CINDY BLANCKE

Ended

GELEEN

Director · since 15 juin 2012 · 0816.919.350

Represented by Blancke CINDY

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	22/06/2026	23/06/2025	13/08/2024	30/06/2023	22/07/2022	27/08/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	22/06/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	23/06/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	13/08/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	22/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	27/08/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	27/08/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	03/07/2019	Dutch	PDF
Full model	31/12/2017	15/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	10/07/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	22/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	18/08/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	01/07/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	15/06/2012	17/08/2012	Dutch	PDF
Full model	31/12/2010	17/06/2011	19/07/2011	Dutch	PDF
Full model	31/12/2009	18/06/2010	20/07/2010	Dutch	PDF
Full model	31/12/2008	19/06/2009	10/08/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 23 ended

Active mandates

DAMELO

Director · since 15 juin 2012 · 0894.762.543

Represented by Damman Philippe Emile

Active

GELEEN

Director · since 15 juin 2012 · 0816.919.350

Represented by Blancke Cindy

Active

MDM

Director · since 26 octobre 2007 · 0438.363.289

Represented by Dewaele Marc

Active

Ended mandates

DAMELO

Manager · since 15 juin 2012 · 0894.762.543

Represented by PHILIPPE DAMMAN

Ended

DAMELO

Director · since 15 juin 2012 · 0894.762.543

Represented by Damman PHILIPPE

Ended

GELEEN

Manager · since 15 juin 2012 · 0816.919.350

Represented by CINDY BLANCKE

Ended

GELEEN

Director · since 15 juin 2012 · 0816.919.350

Represented by Blancke CINDY

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/09/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other12/11/2007
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

2025
Annual accounts 2025392,8 k €↓
2024
Annual accounts 2024494,9 k €↓
2023
Annual accounts 2023653 k €↑
2022
Annual accounts 2022569,6 k €↓
2021
Annual accounts 20211,2 M €↑
2020
Annual accounts 2020892 k €↓
2019
Annual accounts 20191,3 M €↑
2018
Annual accounts 20181,1 M €↓
2017
Annual accounts 20171,3 M €↑
2016
Annual accounts 20161,1 M €↑
2015
Annual accounts 2015603,1 k €↑
2014
Annual accounts 201480,3 k €↓
2013
Annual accounts 2013213,9 k €↓
2012
Annual accounts 2012586,6 k €↑
2011
Annual accounts 2011277 k €↓
2010
Annual accounts 2010803,6 k €↑
2009
Annual accounts 2009302,2 k €↑
2008
Annual accounts 2008126,1 k €
26/10/2007
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

GLOBALTEX

Overview

What does GLOBALTEX do?

Trend over 18 financial years

Indicative valuation

Board of directors

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