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BEKAERTDESLEE INNOVATION

Active
Private limited companyfounded 1968active for 58 yearsDeerlijkseweg 22, 8790 Waregem, BelgiumKBO/BCE: BE 0406.163.348

From the official registers: KBO 63 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BEKAERTDESLEE INNOVATION has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28.1m and a net result of -€9.2m. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 13% of 195 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
BEKAERTDESLEE INNOVATIONActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 16-05-1968 Normal situation
Legal form
Private limited company
Registered office
Deerlijkseweg 22, 8790 Waregem
Activity
Manufacture of textiles NACE 13200and 4 others
Establishment unit
2.252.951.989 8790 Waregem, since 01-04-2016
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Who decides

Board
Shareholders
Holdings
Shares in 9 companies including BEKAERTDESLEE USA INC and DESLEE BALTIC OÜ
Board & ownership

How it is doing

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€13.7m
▼ 4.5%
Loss
€9.2m
▲ 35×
Equity
€28.1m
▼ 24.6%
Total assets
€146.9m
▼ 9.2%
2025 accounts 49 days early
Filed on 12-06-2026PDF
Financials
Why 87raises riskLoss of €9.2m, the second in a row (financial year 2025)Liquidity: current ratio 0.07, cash €1.0mlowers riskSize: turnover €13.7m, total assets €146.9mSector: Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 31% of its sector peers (all companies)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 44-4
equity 19.2% of total assets
Liquidity 29=
short-term debt 44.4% · cash 0.7%
Profitability 50-3
return on assets -6.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (8 companies, NACE 13, large)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025highest value 05-2025: 0.2%● unchanged vs 04-2025highest value 06-2025: 0.1%▼ -0.1 percentage points 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 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €1,350,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.07, compared with 0.07 in 2024, below 1; short-term debt: 44.4% and cash: 0.7% of total assets), and 80.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (all companies): better than 31% on solvency, 26% on liquidity, 36% on profitability and 29% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €13.7m, total assets €146.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €9.2m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.07, cash €1.0m
NBB · annual accounts
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9.2m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 195 sector peers (2025).
NBB · sector comparison
Position among 195 sector peers
Solvency
better than 13%
← weakest strongest →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 days early
2024
73 days early
2023
70 days early
2022
49 days early
2021
23 days early
2020
44 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days before the deadline; the sector median (NACE 13) for financial year 2024 is 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 12 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€9.2m View
  • Caution: Result fell in 2025from -€259,062 to -€9.2m ▼ 3,446% View
  • Caution: Among the weakest 5% on net resultsector median €85,049 · 196 companies -€9.2m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Documents

Annual accounts at the NBB

All 63 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about BEKAERTDESLEE INNOVATION

What is the company number of BEKAERTDESLEE INNOVATION?
0406.163.348. In Belgium the VAT number is the company number with BE in front: BE 0406.163.348.
Where is BEKAERTDESLEE INNOVATION based?
The registered office is at Deerlijkseweg 22, 8790 Waregem.Company details
What does BEKAERTDESLEE INNOVATION do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13200).
What is the legal form of BEKAERTDESLEE INNOVATION?
Private limited company (BV).
When was BEKAERTDESLEE INNOVATION founded?
On 16-05-1968.
Is BEKAERTDESLEE INNOVATION still active?
Yes, BEKAERTDESLEE INNOVATION is an active enterprise in the KBO register.
How many employees does BEKAERTDESLEE INNOVATION have?
On average 39.9 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of BEKAERTDESLEE INNOVATION?
€13.7m in financial year 2025, according to the filed annual accounts.
Is BEKAERTDESLEE INNOVATION profitable?
In financial year 2025, BEKAERTDESLEE INNOVATION made a loss of €9.2m.
Where can I find the annual accounts of BEKAERTDESLEE INNOVATION?
BEKAERTDESLEE INNOVATION filed 63 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of BEKAERTDESLEE INNOVATION due?
By 31-07-2027, for financial year 2026.Timeline

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