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BARTEX

Active Private limited companyfounded 1981active for 45 yearsKlein Frankrijkstraat 14, 9600 RonseKBO/BCE: BE 0422.198.339 subsidiary of Mountville Mills Europe#10 oldest company in Ronse, Manufacturing sector
BARTEX
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Overview

Lifetime

20 annual accounts with figures on one time axis, 44 filings since 1982
peak €1.3m (2007)
-not published
peak €398,422 (2008)
€37,037▲ 3.4%
peak €2.1m (2007)
€342,138▲ 12.1%
€8,937▼ 34.7%
peak 17.7 FTE (2015)
-not published
Board8 names since 2019
1 directorMidwest Consulting
Owners2 names in the annual accounts
100%Mountville Mills Europe and 1 other
Documentsfilings and deeds
21-05-202671 days before the deadline
2025financial year
Equity from €305,101 to €342,138Debts from €13,692 to €8,937

Key points

from the 2025 annual accounts

Equity

€342,138 from €2.1m in 2007

Equity fell by 83% in 18 years.

Payment terms

99 days to suppliers
Suppliers
175 to 99

BARTEX pays its suppliers 76 days earlier than in 2024.

Liquidity

28.09 was 15.94 in 2024

Short-term debts fell from €13,654 to €8,898.

Filings

44 annual accounts since 1982
AprilJune31 JulyOctober199520102025

The last five annual accounts were filed 20 to 71 days before the end of the period.

Position in the sector

97.5%

Higher solvency than 95% of companies in textiles. Sector median 53.1% · 196 companies.

Checked score

96
Excellent
Financially stronger than 66% of micro companies in textiles (NACE 13)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 496 companies (NACE 13, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 97.5% of total assets
65+1short-term debt 2.5% · cash 12.3%
64-19return on assets 10.5%

Score breakdown

lowers risk
Equity €342,138 (97.5% of total assets)
Founded in 1981
Liquidity: current ratio 28.09, cash €43,007
Figures for financial year 2025 (filed on 22-05-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, micro). It does better than 88% of them on solvency, 66% on liquidity, 41% on profitability and 68% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as BARTEX has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BARTEX itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for BARTEX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 28.09 (15.94 in 2024), above the usual 1.5. Short-term debt is 2.5% and cash 12.3% of total assets. 2.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Equity €342,138 (97.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 1981
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 28.09, cash €43,007
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-05-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 days early
2024
35 days early
2023
49 days early
2022
25 days early
2021
20 days early
2020
37 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MC
Midwest Consulting
Managing director, Kirk Boster
VB
VGD Bedrijfsrevisoren BV
Auditor, Jurgen Lelie
Board & ownership

Recent changes

Reappointment: BV VGD Bedrijfsrevisoren (statutory auditor) General meeting of 14-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0422198339
New managing director Midwest Consulting BV appointed, Kirk Boster resigned · Permanent representative: Kirk Boster · General meeting of 30-06-2023 · Gazette deed
Appointment: VGD Bedrijfsrevisoren (statutory auditor) Permanent representative: Jurgen Lelie · General meeting of 11-06-2022 · Gazette deed
All 63 events

Comparable companies

same main activity, similar in size and age
Company
BARTEX Ronse €351,075 - 97.5% -
BELTAP Oudenaarde €417,142 - 97.8% -
ELLAX GOLF Kortrijk €242,407 -€31,470 6.9% -
ANTRAFA Mouscron €445,952 €69,954 99.8% -
VANHERTEX Anzegem €217,374 €46,182 96.2% -
MEUBINEX Kuurne €705,948 €44,291 81.6% 7.3
BELLINE Deinze €997,720 €15,417 59.7% -

These companies have the same main activity as BARTEX: manufacture of textiles (NACE 13930). They are comparable in size and age: total assets between €217,000 and €998,000, founded between 1977 and 1983.

Official details

Source: KBO
Status
Active since 01-01-1981Normal situation
Activity
Manufacture of textilesNACE 13930and 1 other
Establishment unit
2.019.792.5946220 Fleurus, since 04-01-1982
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2025

€37,037▲ 3.4%
€342,138▲ 12.1%
€351,075▲ 10.1%
Filing
Filed on 21-05-2026, 71 days before the end of the filing period
Financials

Insights on BARTEX

BARTEX has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €342,138 and a net result of €37,037.

Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 95% of 196 sector peers (NACE 13, financial year 2025).

The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 21-05-2026, 71 days before the deadline
€90,000
unchanged
€46,146
▼ 0.6%
€37,037
▲ 3.4%
€241,048
▲ 18.2%
97.5%
▲ 1.7 percentage points
28.09
▲ 12.15

Turnover: not included in this filing.

In the rankings #10 oldest company in Ronse, Manufacturing sector

Balance sheet

balance sheet total €351,075 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

97.5%

Higher than 95% of 196 companies in 2025.

28.09

Higher than 95% of 192 companies in 2025.

10.5%

Higher than 81% of 197 companies in 2025.

BARTEX Middle half of the sector 80% of the sector Full accounts in textiles (NACE 13)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 351,075318,793279,418242,442199,495156,338141,2902.1m2.1m1.8m1.9m1.9m2.1m1.8m1.9m2.2m2.3m2.8m3.0m2.8m
21/28 101,129101,129101,129101,535101,941102,376102,811169,096189,575189,675225,323267,774321,117330,980375,272365,681444,765479,816551,819692,429
22/27 101,129101,129101,129101,535101,941102,376102,811169,096176,717176,103211,922254,689308,672319,066375,272365,681444,765479,816549,531690,141
22 101,129101,129101,129101,535101,941102,376102,811142,839143,274143,709170,882198,055225,228252,400279,573306,746333,919361,092388,264415,437
23 -------6,1843,7139,0153,17620,36437,55248,63768,27512,16139,10885,008137,111231,234
24 -------20,07329,72923,37937,86436,27045,89218,02827,42446,77471,73833,71724,15543,470
28 --------12,85813,57213,40013,08512,44511,914---02,2882,288
29/58 249,946217,664178,289140,90797,55453,96238,4791.9m1.9m1.7m1.7m1.7m1.8m1.5m1.6m1.8m1.9m2.3m2.5m2.1m
29 -------------4,000------
291 -------------4,000------
3 000----695,790652,988643,324660,064656,566625,172638,618587,547468,730563,207548,529565,074640,060
30/36 -------695,790652,988643,324660,064656,566625,172638,618587,547468,730563,207548,529565,074640,060
40/41 1,8011,7363,8592,7994,3243,84518,464704,809639,430709,458595,984545,198757,068695,540637,636580,211543,638611,0311.1m831,696
40 -019769590411-677,416488,943508,999510,499454,722581,592688,065477,060519,623439,203425,678668,857627,296
41 1,8011,7363,6622,7303,7353,43418,46427,393150,488200,45985,48590,476175,4767,475160,57760,588104,435185,353386,764204,400
50/53 205,000180,000--------6,0006,0006,0006,000------
51/53 205,000180,000------------------
54/58 43,00735,656174,430138,10893,23050,11720,015534,021656,473297,795388,835461,046374,214161,716341,689764,566764,5951.2m842,995653,179
490/1 138272-----1,993--833---694694---144
Balance sheet: equity and liabilities
10/49 351,075318,793279,418242,442199,495156,338141,2902.1m2.1m1.8m1.9m1.9m2.1m1.8m1.9m2.2m2.3m2.8m3.0m2.8m
10/15 342,138305,101269,289233,669193,097151,897109,3321.7m1.4m1.4m1.4m1.4m1.3m1.3m1.3m1.7m1.7m1.7m2.1m2.0m
10/11 18,55018,55018,55018,55018,55018,55018,550176,004176,004176,004176,004176,004176,004176,004176,004176,004176,004176,004176,004176,004
100 -------176,004176,004176,004176,004176,004176,004176,004176,004176,004176,004176,004176,004176,004
13 151,393151,393151,393151,393151,393101,3931,39237,79837,79837,79837,79848,09558,39368,69063,98822,79822,79822,79822,79839,677
130/1 1,0871,0871,0871,0871,0871,0871,086-------------
130 -------17,60017,60017,60017,60017,60017,60017,60017,60017,60017,60017,60017,60017,600
1311 1,0871,0871,0871,0871,0871,087--------------
1319 ------1,086-------------
132 3063063063063063063064,9584,9584,95819,95830,25540,55350,85146,1484,9584,9584,9584,95821,838
133 150,000150,000150,000150,000150,000100,000-15,23915,23915,239239239239239239239239239239239
14 172,195135,15899,34763,72623,15431,95589,3901.5m1.2m1.2m1.1m1.1m1.1m1.1m1.0m1.5m1.5m1.5m1.8m1.8m
15 -------4,8844,9435,0035,0635,1235,1835,4405,8156,1906,5656,9408,23823,311
16 -------245,153128,917113,438114,737103,20594,39490,489147,15690,96998,007112,605150,915155,158
160/5 -------245,153128,917113,438114,73797,90283,79074,582125,94690,96998,007112,605150,915146,466
160 -------245,153------------
164/5 --------128,917113,438----------
168 -----------5,30210,60515,90721,210----8,692
17/49 8,93713,69210,1298,7736,3984,44131,958188,129600,544335,613394,864468,594640,013420,692499,892343,477474,126937,558808,490667,847
17 -----------10,11332,39042,43257,417-2,1216,14511,85737,184
170/4 -----------10,11332,39042,43257,417-2,1216,14511,85737,184
42/48 8,89813,65410,0943,6252,0701,28629,208186,944600,544335,613394,864458,481607,623378,260442,475343,477472,005931,413796,633630,663
42 ----------10,11322,27723,20814,98514,2532,1214,0243,61525,32771,664
44 7,68713,65410,0943,6252,0701,2869,208113,16191,36878,09198,52072,881101,29895,73556,12360,04140,1141,16871,749191,709
440/4 7,68713,65410,0943,6252,0701,2869,208113,16191,36878,09198,52072,881101,29895,73556,12360,04140,1141,16871,749191,709
45 1,211------73,783310,376257,522169,081235,523323,367161,040244,299144,994214,867394,131488,687221,385
450/3 1,211------3,288257,933206,753119,560157,206253,17699,984203,953104,298174,340346,438387,469178,065
454/9 -------70,49552,44350,76949,52178,31670,19161,05640,34640,69640,52847,693101,21843,320
47/48 ------20,000-198,800-117,150127,800159,750106,500127,800136,320213,000532,500210,870145,905
492/3 3939355,1484,3283,1552,7501,185------------
Income statement
70/76A 90,00090,00090,00090,00090,00090,00045,000-------------
74 90,00090,00090,00090,00090,000-45,000-------------
76A -------64,54959,80264,17349,01134,28122,15669,6063743754,38640,09515,07458,769
9900 -------975,7011.2m1.0m892,647889,786981,750790,208958,876822,3271.0m1.2m1.3m1.2m
60/66A 43,85443,59841,97235,63434,44633,12136,188-------------
61 28,33028,51826,98721,88720,95719,19921,501-------------
62 -------565,425643,738618,776610,787582,584571,283529,002512,939488,487510,785550,958573,394524,515
630 -040640643543543515,86525,42946,95965,00457,47764,15371,60268,40982,344106,033104,691226,633214,962
631/4 -------3,887-300----405-----
635/8 ----------12,50012,500---12,500-----
640/8 15,52415,08014,57913,34113,05513,48714,15217,65218,08414,86815,32914,55715,68716,48916,01415,74216,80715,75114,7266,150
66A ------100------------1,261
9901 46,14646,40248,02854,36655,55456,8798,812372,872464,169364,615189,028235,168330,627173,115348,608235,754370,475497,703460,123476,802
75/76B 3,8101,871--0--7,3809,34712,6909,2799,0289,6429,88421,39615,31329,43146,32139,96120,965
75 3,8101,871--0-3017,3809,34712,6909,2799,0289,6429,88421,39615,31329,43146,32139,96120,965
751 3,8101,871------------------
752/9 ----0-301-------------
65/66B 565524520269277125-9,28210,96817,80512,58114,28310,87411,67910,9179,6619,68922,75720,67918,404
65 565524520269277125-9,28210,96817,80512,58114,28310,87411,67910,9179,6619,68922,75720,67918,404
652/9 565524520269277125--------------
9903 49,39147,74947,50854,09655,27756,7539,113370,970462,548359,501234,738264,193351,551240,926359,462241,782394,604561,362494,479536,871
67/77 12,35411,93711,88813,52414,07714,1882,725107,488160,684122,67781,12983,414120,10673,97084,62262,945109,384162,941145,336174,270
670/3 12,35411,93711,88813,52414,07714,1882,725-------------
9904 37,03735,81135,62040,57241,20042,5656,388263,481301,864236,824158,911186,082236,747172,258253,630178,837285,219398,422357,834371,293
789 ---------15,00010,29810,29810,29810,29810,298---16,88016,880
689 -------------15,00051,488-----
9905 37,03735,81135,62040,57241,20042,5656,388263,481301,864251,824169,209196,379247,045167,555212,440178,837285,219398,422374,714388,173
Appropriation of the result
9906 172,195135,15899,34763,72673,154131,95589,3901.5m1.5m1.4m1.3m1.3m1.3m1.2m1.8m1.7m1.8m2.2m2.1m2.0m
14P 135,15899,34763,72623,15431,955-83,002-------------
691/2 ----50,000100,000---15,000----------
6921 ----50,000100,000---15,000----------
694/7 --------284,000213,000156,200170,400213,000142,000702,900181,760284,000710,000281,160194,540
694 --------284,000213,000156,200170,400213,000142,000702,900181,760284,000710,000281,160194,540
Social balance sheet
9087 -------17.117.517.617.717.116.814.414.815.21616.616.514.5
Hours worked1013 -------20,57724,11424,22923,69923,16322,88020,67120,98120,68421,25422,90724,09522,302
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 24 older financial years (1982-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 24 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 21-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 21-05-2026 2026-00117999 PDF
31-12-2024 full format 26-06-2025 2025-00179739 PDF
31-12-2023 full format 12-06-2024 2024-00123929 PDF
31-12-2022 full format 06-07-2023 2023-00208588 PDF
31-12-2021 full format 11-07-2022 2022-20171542 PDF
31-12-2020 full format 24-06-2021 2021-23800544 PDF
31-12-2019 full format 25-06-2020 2020-20600439 PDF
31-12-2018 full format 24-06-2019 2019-22000539 PDF
31-12-2017 full format 17-05-2018 2018-12900204 PDF
31-12-2016 full format 30-05-2017 2017-13400070 PDF
31-12-2015 full format 20-06-2016 2016-20200149 PDF
31-12-2014 full format 15-06-2015 2015-17600363 PDF
31-12-2013 full format 04-06-2014 2014-14800236 PDF
31-12-2012 full format 06-08-2013 2013-39400522 PDF
31-12-2011 full format 21-06-2012 2012-18900191 PDF
31-12-2010 full format 11-07-2011 2011-26900056 PDF
31-12-2009 full format 19-08-2010 2010-41900099 PDF
31-12-2008 full format 23-07-2009 2009-44700191 PDF
31-12-2007 full format 08-07-2008 2008-36400349 PDF
31-12-2006 full format 18-07-2007 2007-42900346 PDF
31-12-2005 full format 17-05-2006 2006-15003765 PDF
31-12-2004 full format 28-11-2005 2005-87203973 PDF
31-12-2003 full format 08-10-2004 2004-72304154 PDF
31-12-2002 full format 26-06-2003 2003-33701449 PDF
31-12-2001 full format 24-06-2002 2002-27301139 PDF
31-12-2000 full format 29-06-2001 2001-30100799 PDF
31-12-1999 full format 10-10-2000 2000-63205198 PDF
31-12-1998 full format 21-06-1999 1999-20503504 PDF
31-12-1997 full format 03-06-1998 1998-12803833 PDF
31-12-1996 full format 26-06-1997 1997-21001881 PDF
31-12-1995 full format 20-05-1996 1996-08702052 PDF
31-12-1994 full format 02-06-1995 1995-11204398 PDF
31-12-1993 full format 15-06-1994 1994-15104207 PDF
31-12-1992 full format 29-06-1993 1993-20601663 PDF
31-12-1991 full format 03-07-1992 1992-19103270 PDF
31-12-1990 full format 18-09-1991 1991-25702473 PDF
31-12-1989 full format 10-07-1990 1990-16500255 PDF
31-12-1988 full format 24-08-1989 1989-20900215 PDF
31-12-1987 full format 14-10-1988 1988-22104326 PDF
31-12-1986 full format 09-07-1987 1987-16203599 PDF
31-12-1985 full format 25-02-1987 1987-02401805 PDF
31-12-1984 full format 07-10-1985 1985-35101760 PDF
31-12-1983 unclassified schema 03-07-1984 1984-08601997 PDF
31-12-1982 unclassified schema 01-07-1983 1983-07901226 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
-46,40248,43454,77255,98957,3139,247388,737489,598411,574254,032292,645394,780244,717417,017318,098476,508602,394686,756691,764
-35,81136,02640,97841,63543,0006,823279,347327,294283,782223,915243,559300,900243,860322,039261,181391,252503,112584,467586,255
-0000-0-65,8508,24529,75414,97326,3057,80157,35828,86778,0003,26070,98234,97686,023134,783
7,351-138,77436,32244,87843,11230,102-514,006-122,453358,678-91,040-72,21186,832212,498-179,972-422,878-29-389,419311,018189,816-
241,048204,010168,195137,28295,48452,6769,2711.7m1.3m1.3m1.3m1.2m1.2m1.1m1.1m1.5m1.4m1.4m1.7m1.5m
97.5%95.7%96.4%96.4%96.8%97.2%77.4%79.4%65.9%75.6%72.9%70.5%64.8%72.2%66.7%80.1%75.3%62.4%68.2%70.8%
28.0915.9417.6638.8747.1241.961.3210.363.254.924.183.642.903.983.545.283.962.483.093.37
28.0915.9417.6638.8747.1241.961.326.642.163.002.512.211.872.292.213.922.771.902.382.35
0.030.040.040.040.030.030.290.110.430.240.290.340.470.320.390.200.270.540.390.33
10.8%11.7%13.2%17.4%21.3%28.0%5.8%15.8%21.4%17.0%11.6%13.6%17.5%13.0%19.6%10.2%16.4%22.9%17.4%18.6%
10.5%11.2%12.7%16.7%20.7%27.2%4.5%12.5%14.1%12.9%8.5%9.6%11.4%9.4%13.1%8.2%12.3%14.3%11.9%13.2%
-88.4893.12over 100over 100---------------
99 days175 days137 days60 days36 days24 days156 days-------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Auditor

fees

The auditor is VGD Bedrijfsrevisoren BV.

Item20252024202320222021
Fee for the audit€3,000€3,355€3,311€3,000€1,315

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on BARTEX

The operating result for 2025 is 1% lower than in 2024 and the lowest since 2019. It is the fifth fall in a row.

Debt's share of the balance-sheet total falls from 4.3% to 2.5%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, 1 in day-to-day management, 1 auditor, last change in January 2026

Deed of 07-01-2026Reappointment: BV VGD Bedrijfsrevisoren (statutory auditor)General meeting of 14-06-2025

Midwest Consulting BV
Director and managing director, permanent representative Kirk Boster
director since 30-06-2023 managing director appointed by deed of 05-01-2024 term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 21-05-2026
VGD Bedrijfsrevisoren BV
Statutory auditor, permanent representative Jurgen Lelie
current term since 14-06-2025 term of 3 financial years from 2026
listed in the 2025 annual accounts, filed on 21-05-2026
Midwest Consulting
Permanent representatives 1
Kirk Boster
Permanent representative, for Midwest Consulting
appointed by deed of 05-01-2024

Office holders in the KBO →

Mandates through the years

8 names, the dashed line is today
Midwest Consulting
Director, Managing director
VGD Bedrijfsrevisoren BV
Statutory auditor
Mountville Mills Europe
Chair of the board
Kirk Boster
Director
Luc Van den Berge
Manager and day-to-day manager
Bernadette Draime
Director
Jean-Marie Chardon
Director
Philippe Barbieux
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • Midwest Consulting
    • Director, from 25-01-2019 to date
    • Managing director, appointed by deed of 05-01-2024, still in office
  • VGD Bedrijfsrevisoren BV
    • Statutory auditor, from 08-06-2019 to date
  • Mountville Mills Europe
    • Director, appointed by deed of 15-02-2019, until 25-01-2025
    • Chair of the board, appointed by deed of 29-03-2019, until 25-01-2025
  • Kirk Boster
    • Director, appointed by deed of 15-02-2019, until 05-01-2024
  • Luc Van den Berge
    • Manager, appointed by deed of 15-02-2019, until 15-02-2019
    • Manager and day-to-day manager, until 30-06-2019
  • Bernadette Draime
    • Director, until 15-02-2019
  • Jean-Marie Chardon
    • Director, until 15-02-2019
  • Philippe Barbieux
    • Director, until 15-02-2019

See the board, name and registered office on a given date →

Control

Parent
Mountville Mills Europe
Equity €12.1m
Profit €2.5m in 2025 (loss €71,276 in 2024)
100%
This company
BARTEX
Equity €342,138
Profit €37,037 in 2025

Further up the chainMountville Mills International LLC US consolidates

and 1 other shareholder

Capital

Contribution
€18,550
Shares
710
Contribution per share
€26.13
Equity per share
€482 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Mountville Mills Europe
100%
100%
Mountville Mills International LLC US
consolidates
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 25-07-2019 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 2 directors
Term of at most 6 years
“Met onmiddellijke ingang na Algemene Vergadering die tot vervanging heeft besloten”
“Gewone meerderheid van leden aanwezig of vertegenwoordigd, gewone meerderheid van aanwezige of vertegenwoordigde leden”
“Vastgesteld in notulen ondertekend door aanwezige leden en ingeschreven in bijzonder register, voorzitter of twee bestuurders”
“Bestuursorgaan, algemene vergadering bepaalt aantal,duur,bevoegdheid bij meerdere”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Op naam, toestemming Raad van Bestuur”
Membership ruleThe articles set who can become a member or partner, and on what terms.
“2/3de van bestuurders aanwezig of vertegenwoordigd, gewone meerderheid”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 16:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Artikelen 181 et verder Wetboek van Vennootschapper,tenzij Algemene Vergadering beperkt, vereffening om eender welke reden en op eender welk…”

Shareholders

2 owners

Owners 2

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 31-12-2018 ↗
  • BARBIEUX Philippe Jean-Marie Ghislain 231 shares
  • DRAIME Jeanne Marie Louise 50 shares
  • CHARDON Jean-Marie Edmond Henri Ghislain 20 shares
  • DESMET Rose Marie 3 shares
  • BOUCHÉ Bernadette Marie Josée Juliette 33 shares
  • DRAIME Bernadette Marie 173 shares
  • LION Claire Pascale Marie 40 shares
  • VAN DEN BERGE Luc Marc Olivier Michel Ghislain 160 shares
Capital over time
  1. 25-07-2019 Capital reduction of €165,138.93 · to €10,865.47
  2. 25-07-2019 Capital increase of €7,684.53 · to €18,550
  3. 25-07-2019 Converted to unavailable equity · €18,550
  4. 31-12-2018 Capital stated in the deed · 710 shares

Network & group

Group

Mountville Mills Europe has 4 direct subsidiaries (2025 accounts), the bar shows equity in euros
ParentMountville Mills Europe4 holdings, 1 country 2025 accounts

Belgium 4 Equity Result

Source: list of holdings in the 2025 accounts of Mountville Mills Europe. Every holding stands with its own latest accounts.

At the same address

Klein Frankrijkstraat 14, 9600 Ronse · 5 other companies
PRESTIGE CARPETS
registered office since 08-06-1989 · founded in 1989
 103 FTE (2025)
0437.520.775
Mountville Mills Europe
registered office since 26-09-2006 · founded in 2005
 2 FTE (2025)
0877.579.190
Purple Mustard Europe
registered office since 24-12-2019 · founded in 2019
 1.3 FTE (2025)
0739.986.076
IMMOTEX
registered office since 31-03-1998 · founded in 1998
 total assets €624,494 (2025)
0462.859.749
MOUNTVILLE MILLS EUROPE VAT UNIT
registered office since 12-03-2015
 founded in 2015
0600.928.856

Earlier ties

PRESTIGE CARPETS
via Kirk Boster, no longer at PRESTIGE CARPETS · Permanent representative · deed of 03-01-2018
founded in 1989
 103 FTE (2025)

Acquisitions and mergers

1 transaction
Split off to:PRESTIGE CARPETS
BE 0437.520.775partial demerger · Gazette deed of 24-07-2019

Connections & network

2 connected companies
Depth
IMMOTEX, Shared corporate director IIMMOTEXPurple Mustard Europe, Shared corporate director PMPurple MustardEuropePRESTIGE CARPETS, Shared director PCPRESTIGECARPETSBARTEX BARTEX0422.198.339
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Purple Mustard Europe
via Midwest Consulting and Mountville Mills Europe (at BARTEX until 2025) · deeds of 05-01-2024 and 30-12-2019
Founded in 2019 · 1.3 FTE (2025)
→
IMMOTEX
via Midwest Consulting and Mountville Mills Europe (at BARTEX until 2025) · deeds of 19-01-2024 and 03-01-2018
Founded in 1998 · total assets €624,494 (2025)
→

Timeline

Timeline

63 events since 1981

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFfull format · 71 days before the deadline
Reappointment: BV VGD Bedrijfsrevisoren (statutory auditor)General meeting of 14-06-20252 points ▸

Open the deed in the Belgian Official Gazette

2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0422198339
Annual accounts 2024 filed PDFfull format · 35 days before the deadline
2024
Annual accounts 2023 filed PDFfull format · 49 days before the deadline
New managing directorMidwest Consulting BV appointed, Kirk Boster resigned · Permanent representative: Kirk Boster · General meeting of 30-06-20236 points ▸

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFfull format · 25 days before the deadline
Appointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Jurgen Lelie · General meeting of 11-06-20223 points ▸
  • General meeting, 11-06-2022
  • Auditor appointment, VGD Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Jurgen Lelie

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFfull format · 20 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 37 days before the deadline
2020
Liquidity more than 31 times current ratio 41.96 The current ratio rises from 1.32 to 41.96. Short-term debt falls from €29,208 to €1,286.
Annual accounts 2019 filed PDFfull format · 36 days before the deadline
Resignation: Luc Van den Berge (manager and day-to-day manager)Board meeting of 17-01-20202 points ▸
  • Board meeting, 17-01-2020
  • Director resignation, Luc Van den Berge (manager and day-to-day manager)

Open the deed in the Belgian Official Gazette

2019
Weakest financial year net €6,388 ▼97.6% The net result drops to €6,388, the lowest from 2006 to 2025. It recovers the following year.
Demerger: BARTEX splits off to Prestige CarpetsRegistered office moved from Fleurus to Ronse · Capital from €176,004.40 to €10,865.47 · Capital from €10,865.47 to €18,550 · General meeting of 01-07-20196 points ▸
  • General meeting, 01-07-2019
  • Registered-office move, Klein Frankrijkstraat 14, 9600 Ronse
  • Registered office clause, Klein Frankrijkstraat 14, 9600 Ronse
  • Capital decrease, €165,138.93
  • Capital increase, €7,684.53
  • Legal-form conversion, from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company
  • The deed holds 10 more points.

Open the deed in the Belgian Official Gazette

Registered office moved from Fleurus to RonseNew registered office: Klein Frankrijkstraat 14, 9600 Ronse · Previous registered office: rue du Rabiseau 5, 6220 Fleurus1 point ▸
  • Registered-office move, Klein Frankrijkstraat 14, 9600 Ronse
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Appointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Jurgen Lelie · General meeting of 08-06-20193 points ▸
  • General meeting, 08-06-2019
  • Auditor appointment, VGD Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Jurgen Lelie

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFfull format · 37 days before the deadline
Demerger proposal: Bartex splits off to Prestige Carpets1 point ▸
  • Accounting effect, 01-01-2019
  • The deed holds 9 more points.

Open the deed in the Belgian Official Gazette

Appointment: MOUNTVILLE MILLS EUROPE (chair of the board)Permanent representative: HART Emmett David Junior · Board meeting of 11-03-20193 points ▸
  • Board meeting, 11-03-2019
  • Director appointment, MOUNTVILLE MILLS EUROPE (chair of the board)
  • Permanent representative, HART Emmett David Junior
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2 directors appointed, 1 manager appointed, 3 resignations, 1 resignationResignations: Philippe Barbieux, Jean-Marie Chardon, Bernadette Draime and Luc Van den Berge (manager) · Appointments: Kirk Boster, Mountville Mills Europe and Luc Van den Berge (manager) · Permanent representative: Emmett David Hart Jr. · General meeting of 25-01-201915 points ▸

Open the deed in the Belgian Official Gazette

2018
Liquidity more than triples current ratio 10.36 The current ratio rises from 3.25 to 10.36. Short-term debt falls from €600,544 to €186,944.
Director in office: VAN DEN BERGE Luc Marc Olivier Michel Ghislain (manager)BARBIEUX Philippe Jean-Marie Ghislain holds 231 shares · DRAIME Jeanne Marie Louise holds 50 shares · CHARDON Jean-Marie Edmond Henri Ghislain holds 20 shares · General meeting of 21-12-201810 points ▸
  • General meeting, 21-12-2018
  • BARBIEUX Philippe Jean-Marie Ghislain holds 231 shares
  • DRAIME Jeanne Marie Louise holds 50 shares
  • CHARDON Jean-Marie Edmond Henri Ghislain holds 20 shares
  • DESMET Rose Marie holds 3 shares
  • BOUCHÉ Bernadette Marie Josée Juliette holds 33 shares
  • DRAIME Bernadette Marie holds 173 shares
  • LION Claire Pascale Marie holds 40 shares
  • VAN DEN BERGE Luc Marc Olivier Michel Ghislain holds 160 shares
  • 710 shares
  • The deed holds 11 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFfull format · 75 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 62 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 41 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 46 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 57 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 6 days late
2012
Annual accounts 2011 filed PDFfull format · 40 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 20 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 19 days late
2009
Annual accounts 2008 filed PDFfull format · 8 days before the deadline
2008
Highest result from 2006 to 2025 net €398,422 ▲11.3% The operating result of €497,703 and the net result of €398,422 are both a record.
Annual accounts 2007 filed PDFfull format · 23 days before the deadline
2007
Equity above €2m equity €2.1m ▲3.1% With a profit in every financial year since 2006, equity grows to €2.1m.
Annual accounts 2006 filed PDFfull format · 13 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1990
Annual accounts 1989 filed PDFfull format
1989
Annual accounts 1988 filed PDFfull format
1988
Annual accounts 1987 filed PDFfull format
1987
Annual accounts 1986 filed PDFfull format
Annual accounts 1985 filed PDFfull format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
First establishment Rue du Rabiseau 5, Fleurus
1981
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

BARTEX was incorporated on 1 January 1981.1 The registered office was moved to Ronse in 2019.2 In 2019 the capital was increased by €7,685 to €18,550.3 Total assets rose from €141,290 in 2019 to €351,075 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-07-2019
  3. 3Belgian Official Gazette, 25-07-2019
  4. 4National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0422.198.339
VAT number
BE 0422.198.339
Peppol ID
0208:0422198339
Legal form
Private limited company
Status
Active, normal situation
Founded
01-01-1981
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 16:00
deed of 25-07-2019 (in Dutch)
Peppol
Reachable since 31-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BARTEX in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-07-2019 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Klein Frankrijkstraat 14, 9600 Ronse”
“Vlaams Gewest”
deed of 25-07-2019 (in Dutch)

Activities

NACEBEL 2025
13930 Manufacture of textiles main activity
28299 Manufacture of machinery and equipment not elsewhere classified
Codes under NACEBEL 2008
13930 Manufacture of textiles main activity
28299 Manufacture of machinery and equipment not elsewhere classified
Codes under NACEBEL 2003
17510 main activity
29247
PurposeThe purpose describes the activities the company may carry out under its articles.
“Zowel antistofmatten als elk ander materiaal of toebehoren noodzakelijk voor het bedrijf van blekerij, wasserij, droogkuis of confectie…”
4 activities
  1. Zowel antistofmatten als elk ander materiaal of toebehoren noodzakelijk voor het bedrijf van blekerij, wasserij, droogkuis of confectie;
  2. Voertuigen op menselijke energie;
  3. Duplicatie, reproductie van documenten;
  4. Computer software en hardware
deed of 25-07-2019 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Klein Frankrijkstraat 14 registered office 9600 Ronse
Rue du Rabiseau 5 6220 Fleurus 1814001 Printing and reproduction of recorded media 04-01-1982 2.019.792.594
1 former office
  • 6220 Fleurus until the deed of 25-07-2019

Buildings and parcels at the addresses

Ground area
2.1 ha
Buildings
9,428 m²
Volume, LiDAR
52,854 m³
Tallest building
7.0 m
Buildings to scale, each on its own parcel
5,998 m², 6.7 m 3,430 m², 7.0 m 5,998 m², 6.7 m 3,430 m², 7.0 m

Location

registered office establishment The establishment unit on the map
6 companies at this address See who is registered here

Parcels

Flanders 1 (50%) Wallonia 1 (50%)
Cadastral parcelRegionArea Buildings Height / floors
52021C0344/00V002Wallonia1.2 ha 1 · 3,430 m² 7.0 m · 2
45422C1026/00B000Flanders9,170 m² 1 · 5,998 m² 6.7 m · 2

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