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Milliken Textiles

Active
Private limited companyfounded 20169 yrs activeHam 24, 9000 Gent, BelgiumKBO/BCE: BE 0664.747.829
Summary

Milliken Textiles has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.3m and a net result of -€3.9m. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-13
Solvency69▼-9
Growth40▼-2
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €460,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.72 in 2024; short-term debt: 49.8% and cash: 11.1% of total assets), and 56.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Manufacture of textiles (NACE 13)
about 62% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.6%
Return on assets
-20.6%
Age of the figures
10 mo
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
19202122232425
2019 to 2025 · latest year -€3.9m
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 21-04-2026, 70 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
70 d early
2024
78 d early
2023
64 d early
2022
67 d early
2021
62 d early
2020
62 d early
2019
68 d 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 67 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Milliken Textiles was incorporated on 18 October 2016.1 Revenue fell from EUR 30 million in 2019 to EUR 22 million in 2025 and headcount from 122 to 112 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€22.1m▼ 11.6%
2024 · €25.0m
EBIT margin
-16.4%▼ 12.5pp
2024 · -4.0%
Net result
-€3.9m▼ 190%
2024 · -€1.3m
Working capital
€3.3m▼ 51.8%
2024 · €6.8m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 13, Manufacture of textiles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€30.7m▲ 47.5%€36.8m▲ 19.9%€29.2m▼ 20.6%€25.0m▼ 14.3%€22.1m▼ 11.6%
Operating result€1.7m€2.4m▲ 41.7%-€5.9m-€996,879▲ 83.2%-€3.6m▼ 265%
Net result€1.7mwithin the sector's middle half€1.8mabove the sector's middle half▲ 9.1%-€6.2mbelow the sector's middle half-€1.3mbelow the sector's middle half▲ 78.2%-€3.9mbelow the sector's middle half▼ 190%
EBIT margin5.4%▲ 13.5pp6.4%▲ 1.0pp-20.3%▼ 26.7pp-4.0%▲ 16.3pp-16.4%▼ 12.5pp
Equity€7.9mwithin the sector's middle half▲ 26.6%€9.7mwithin the sector's middle half▲ 22.9%€3.5mwithin the sector's middle half▼ 63.8%€12.2mabove the sector's middle half▲ 247%€8.3mabove the sector's middle half▼ 32.1%
Total assets€16.2mwithin the sector's middle half▲ 30.9%€19.2mwithin the sector's middle half▲ 18.6%€19.3mabove the sector's middle half▲ 0.8%€23.1mabove the sector's middle half▲ 19.3%€18.9mabove the sector's middle half▼ 17.9%
Debt€8.3m▲ 36.0%€9.5m▲ 14.4%€15.7m▲ 65.5%€10.9m▼ 30.6%€10.6m▼ 2.4%
Working capital€4.6mwithin the sector's middle half▲ 53.7%€5.8mabove the sector's middle half▲ 26.2%-€1.5mbelow the sector's middle half€6.8mabove the sector's middle half€3.3mwithin the sector's middle half▼ 51.8%
Solvency48.7%within the sector's middle half▼ 1.7pp50.5%within the sector's middle half▲ 1.8pp18.1%below the sector's middle half▼ 32.4pp52.7%within the sector's middle half▲ 34.6pp43.6%within the sector's middle half▼ 9.1pp
Current ratio1.57within the sector's middle half▲ 0.061.63within the sector's middle half▲ 0.060.90below the sector's middle half▼ 0.731.72within the sector's middle half▲ 0.831.35within the sector's middle half▼ 0.37
Return on assets (ROA)10.2%within the sector's middle half▲ 23.0pp9.4%above the sector's middle half▼ 0.8pp-32.0%below the sector's middle half▼ 41.4pp-5.8%below the sector's middle half▲ 26.1pp-20.6%below the sector's middle half▼ 14.8pp
Staff (FTE)118.2above the sector's middle half▼ 2.1%127.2above the sector's middle half▲ 7.6%127.5above the sector's middle half▲ 0.2%111.5above the sector's middle half▼ 12.5%112.1above the sector's middle half▲ 0.5%
above within below the middle half (P25 to P75) of NACE 13, Manufacture of textiles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€7.5m-€5.0m-€2.5m€0€2.5mOperating result 2021: €1.7m€1.7mNet result 2021: €1.7m€1.7mOperating result 2022: €2.4m€2.4mNet result 2022: €1.8m€1.8mOperating result 2023: -€5.9m-€5.9mNet result 2023: -€6.2m-€6.2mOperating result 2024: -€996,879-€996,879Net result 2024: -€1.3m-€1.3mOperating result 2025: -€3.6m-€3.6mNet result 2025: -€3.9m-€3.9m20212022202320242025-€8m-€6m-€4m-€2m€0Operating result 2023: -€5.9m-€5.9mNet result 2023: -€6.2m-€6.2mOperating result 2024: -€996,879-€997,000Net result 2024: -€1.3m-€1.3mOperating result 2025: -€3.6m-€3.6mNet result 2025: -€3.9m-€3.9m202320242025
The operating result stays negative: a loss of €3.6m in 2025 against €996,879 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.9m
Fixed assets €6.2m ▼ 8.0%
Current assets €12.7m ▼ 22.0%
Equity and liabilities €18.9m
Equity €8.3m ▼ 32.1%
Provisions €35,000
Debt €10.6m ▼ 2.4%
Debt's share of the balance-sheet total rises from 47.3% to 56.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2.7m▼
2024 · -€188,659
Cash flow
-€3.0m▼
2024 · -€539,781
Quick ratio
0.76▼
2024 · 1.06
Debt to equity
1.29▲
2024 · 0.90
ROE
-47.3%▼
2024 · -11.1%
Interest coverage
-15.53▼
2024 · -0.37
Debt ≤ 1 year
€9.4m▼
2024 · €9.5m
Debt > 1 year
€1.0m=
2024 · €1.0m
Income taxes
€3,642▲
2024 · €3,400
Staff costs
€8.1m▼
2024 · €8.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 147 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 92% are still going.

  • Medium-sized
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
  • without age
2.0% went bankrupt
5.4% stopped otherwise
92% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 147 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 73 lines
Balance sheet Code20242025
Assets
Total assets20/58€23.1m€18.9m▼
Fixed assets21/28€6.8m€6.2m▼
Intangible fixed assets21€17,575€11,020▼
Tangible fixed assets22/27€6.7m€6.2m▼
Land and buildings22€90,273€86,122▼
Plant, machinery and equipment23€5.1m€5.7m▲
Furniture and vehicles24€89,695€65,067▼
Assets under construction and advance payments27€1.4m€379,460▼
Current assets29/58€16.3m€12.7m▼
Stocks and contracts in progress3€6.3m€5.6m▼
Stocks30/36€6.3m€5.6m▼
Raw materials and consumables30/31€1.2m€1.0m▼
Work in progress32€2.9m€3.4m▲
Finished goods33€2.2m€1.2m▼
Amounts receivable within one year40/41€6.5m€5.0m▼
Trade receivables40€6.2m€4.6m▼
Other amounts receivable41€313,732€366,832▲
Cash at bank and in hand54/58€3.4m€2.1m▼
Deferred charges and accrued income490/1€103,143€83,980▼
Equity and liabilities
Total equity and liabilities10/49€23.1m€18.9m▼
Equity10/15€12.2m€8.3m▼
Contributions10/11€12.3m€12.3m=
Reserves13€531,105€531,105=
Non-distributable reserves130/1€2,330€2,330=
Other1319€2,330€2,330=
Tax-exempt reserves132€33,880€33,880=
Distributable reserves133€494,895€494,895=
Profit (loss) carried forward14-€713,002-€4.6m▼
Provisions and deferred taxes16-€35,000
Provisions for liabilities and charges160/5-€35,000
Other liabilities and charges164/5-€35,000
Amounts payable17/49€10.9m€10.6m▼
Amounts payable after more than one year17€1.0m€1.0m=
Other amounts payable178/9€1.0m€1.0m=
Amounts payable within one year42/48€9.5m€9.4m▼
Trade debts44€2.5m€2.9m▲
Suppliers440/4€2.5m€2.9m▲
Taxes, remuneration and social security45€1.5m€1.4m▼
Taxes450/3€136,537€57,938▼
Remuneration and social security454/9€1.3m€1.3m▼
Other amounts payable47/48€5.5m€5.2m▼
Accrued charges and deferred income492/3€393,541€173,454▼
Income statement Code20242025
Operating income70/76A€25.4m€22.1m▼
Turnover70€25.0m€22.1m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€544,344-€1.0m▼
Other operating income74€928,866€993,876▲
Non-recurring operating income76A€1,153€5,246▲
Operating charges60/66A€26.4m€25.7m▼
Goods for resale, raw materials and consumables60€11.8m€10.5m▼
Change in stocks: decrease (increase)609-€104,255€165,720▲
Services and other goods61€6.6m€6.5m▼
Remuneration, social security and pensions62€8.1m€8.1m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€808,220€937,781▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€989,040-€431,541▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€118,500€35,000▲
Other operating charges640/8€137,943€144,145▲
Non-recurring operating charges66A€1,908€2,237▲
Operating profit (loss)9901-€996,879-€3.6m▼
Recurring financial income75€335,876€254,207▼
Income from current assets751€34,134€23,778▼
Other financial income752/9€301,742€230,429▼
Financial charges65/66B€683,598€517,712▼
Recurring financial charges65€683,598€517,712▼
Debt charges650€509,285€173,730▼
Other financial charges652/9€174,313€343,982▲
Profit (loss) for the period before taxes9903-€1.3m-€3.9m▼
Income taxes67/77€3,400€3,642▲
Taxes670/3€3,400€3,642▲
Profit (loss) for the period9904-€1.3m-€3.9m▼
Profit (loss) for the period to be appropriated9905-€1.3m-€3.9m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€713,002-€4.6m▼
Profit (loss) brought forward from the previous period14P€634,999-€713,002▼
Social balance
Average headcount (FTE)9087111.5112.1▲

The notes to these accounts (60 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€32.2m€39.0m€31.1m€25.4m€22.1m▼ 13.0%
Turnover70€30.7m€36.8m€29.2m€25.0m€22.1m▼ 11.6%
Change in stocks of work in progress, finished goods and contracts in progress71€1.0m€1.4m€993,359-€544,344-€1.0m▼ 87.9%
Other operating income74€479,626€785,878€876,440€928,866€993,876▲ 7.0%
Non-recurring operating income76A€1,409€33-€1,153€5,246▲ 355%
Operating charges60/66A€30.5m€36.7m€37.0m€26.4m€25.7m▼ 2.6%
Goods for resale, raw materials and consumables60€16.3m€20.1m€18.7m€11.8m€10.5m▼ 11.4%
Change in stocks: decrease (increase)609-€39,387-€367,691€4,444-€104,255€165,720▲ 259%
Services and other goods61€6.7m€7.7m€7.0m€6.6m€6.5m▼ 2.4%
Remuneration, social security and pensions62€7.0m€8.0m€8.7m€8.1m€8.1m▼ 0.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€547,361€579,527€630,402€808,220€937,781▲ 16.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€73,104€153,296€1.6m-€989,040-€431,541▲ 56.4%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€33,537€6,587€111,913-€118,500€35,000▲ 130%
Other operating charges640/8€99,616€116,152€144,491€137,943€144,145▲ 4.5%
Non-recurring operating charges66A-€167€2,477€1,908€2,237▲ 17.2%
Operating profit (loss)9901€1.7m€2.4m-€5.9m-€996,879-€3.6m▼ 265%
Recurring financial income75€236,034€606,261€476,130€335,876€254,207▼ 24.3%
Income from current assets751-€14,024€91,307€34,134€23,778▼ 30.3%
Other financial income752/9€236,034€592,237€384,823€301,742€230,429▼ 23.6%
Financial charges65/66B€110,221€490,140€716,579€683,598€517,712▼ 24.3%
Recurring financial charges65€110,221€490,140€716,579€683,598€517,712▼ 24.3%
Debt charges650€10,088€28,944€294,066€509,285€173,730▼ 65.9%
Other financial charges652/9€100,133€461,196€422,513€174,313€343,982▲ 97.3%
Profit (loss) for the period before taxes9903€1.8m€2.5m-€6.2m-€1.3m-€3.9m▼ 190%
Income taxes67/77€137,752€671,528€7,126€3,400€3,642▲ 7.1%
Taxes670/3€139,330€671,528€7,126€3,400€3,642▲ 7.1%
Tax adjustments and reversals of tax provisions77€1,578-----
Profit (loss) for the period9904€1.7m€1.8m-€6.2m-€1.3m-€3.9m▼ 190%
Profit (loss) for the period to be appropriated9905€1.7m€1.8m-€6.2m-€1.3m-€3.9m▼ 190%
Line20212022202320242025Change
Assets
Total assets20/58€16.2m€19.2m€19.3m€23.1m€18.9m▼ 17.9%
Fixed assets21/28€3.5m€4.1m€6.2m€6.8m€6.2m▼ 8.0%
Intangible fixed assets21€5,510€2,885€259€17,575€11,020▼ 37.3%
Tangible fixed assets22/27€3.5m€4.1m€6.2m€6.7m€6.2m▼ 8.0%
Land and buildings22€17,165€16,681€21,277€90,273€86,122▼ 4.6%
Plant, machinery and equipment23€2.8m€3.2m€4.7m€5.1m€5.7m▲ 10.5%
Furniture and vehicles24€92,777€86,561€72,554€89,695€65,067▼ 27.5%
Assets under construction and advance payments27€551,338€826,002€1.4m€1.4m€379,460▼ 73.4%
Current assets29/58€12.7m€15.0m€13.1m€16.3m€12.7m▼ 22.0%
Stocks and contracts in progress3€4.7m€6.4m€5.8m€6.3m€5.6m▼ 12.0%
Stocks30/36€4.7m€6.4m€5.8m€6.3m€5.6m▼ 12.0%
Raw materials and consumables30/31€789,617€1.1m€1.0m€1.2m€1.0m▼ 14.4%
Work in progress32€2.1m€2.8m€2.8m€2.9m€3.4m▲ 14.4%
Finished goods33€1.9m€2.5m€2.0m€2.2m€1.2m▼ 46.2%
Amounts receivable within one year40/41€6.4m€6.8m€5.1m€6.5m€5.0m▼ 23.5%
Trade receivables40€5.7m€6.2m€4.8m€6.2m€4.6m▼ 25.5%
Other amounts receivable41€699,827€651,571€352,880€313,732€366,832▲ 16.9%
Current investments50/53€18,430-----
Other investments51/53€18,430-----
Cash at bank and in hand54/58€1.4m€1.4m€2.0m€3.4m€2.1m▼ 38.0%
Deferred charges and accrued income490/1€111,994€445,215€130,801€103,143€83,980▼ 18.6%
Equity and liabilities
Total equity and liabilities10/49€16.2m€19.2m€19.3m€23.1m€18.9m▼ 17.9%
Equity10/15€7.9m€9.7m€3.5m€12.2m€8.3m▼ 32.1%
Contributions10/11€2.3m€2.3m€2.3m€12.3m€12.3m=
Reserves13€531,105€531,105€531,105€531,105€531,105=
Non-distributable reserves130/1€2,330€2,330€2,330€2,330€2,330=
Other1319€2,330€2,330€2,330€2,330€2,330=
Tax-exempt reserves132€33,880€33,880€33,880€33,880€33,880=
Distributable reserves133€494,895€494,895€494,895€494,895€494,895=
Profit (loss) carried forward14€5.0m€6.8m€634,999-€713,002-€4.6m▼ 547%
Provisions and deferred taxes16-€6,587€118,500-€35,000-
Provisions for liabilities and charges160/5-€6,587€118,500-€35,000-
Other liabilities and charges164/5-€6,587€118,500-€35,000-
Amounts payable17/49€8.3m€9.5m€15.7m€10.9m€10.6m▼ 2.4%
Amounts payable after more than one year17--€1.0m€1.0m€1.0m=
Other amounts payable178/9--€1.0m€1.0m€1.0m=
Amounts payable within one year42/48€8.1m€9.2m€14.6m€9.5m€9.4m▼ 0.4%
Trade debts44€2.5m€2.2m€4.1m€2.5m€2.9m▲ 16.1%
Suppliers440/4€2.5m€2.2m€4.1m€2.5m€2.9m▲ 16.1%
Taxes, remuneration and social security45€1.3m€1.5m€1.4m€1.5m€1.4m▼ 6.0%
Taxes450/3€129,230€123,161€111,798€136,537€57,938▼ 57.6%
Remuneration and social security454/9€1.2m€1.4m€1.3m€1.3m€1.3m▼ 0.6%
Other amounts payable47/48€4.3m€5.5m€9.0m€5.5m€5.2m▼ 6.4%
Accrued charges and deferred income492/3€203,766€266,701€90,598€393,541€173,454▼ 55.9%
Line20212022202320242025Change
Profit (loss) for the period9904€1.7m€1.8m-€6.2m-€1.3m-€3.9m▼ 190%
+ Depreciation and write-downs630€547,361€579,527€630,402€808,220€937,781▲ 16.0%
Operating cash flow (approximation)€2.2m€2.4m-€5.5m-€539,781-€3.0m▼ 449%
Investment in fixed assets (approximation)--€1.2m-€2.8m-€1.3m-€395,290▲ 70.1%
Change in cash--€32,573€671,223€1.4m-€1.3m▼ 195%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
17-08
State Gazette act Reappointments: David Smart, John Crotty and 2 others
Resignation: Halsey Cook (director) · Permanent representative: Gregory Desmet7 facts ▸
  • General meeting, 01-04-2026
  • Director reappointment, David Smart (director)
  • Director reappointment, John Crotty (director)
  • Director reappointment, Birgit Van Driessche (director)
  • Director resignation, Halsey Cook (director)
  • Auditor reappointment, Grant Thornton Bedrijfsrevisoren BV (commissaris revisor)
  • Permanent representative, Gregory Desmet (permanent representative)
21-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
14-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
01-12
Financial Equity above €10mEq €12.2m ▲247%
Equity rises from €3.5m to €12.2m.
30-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
03-12
Financial Weakest financial yearnet -€6.2m
Net result drops to -€6.2m, the lowest in the series; recovery starts the following year.
21-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
27-04
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
28-11
Financial Back to profitnet €1.7m
Net result €1.7m after one loss-making year.
28-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
24-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
16-04
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 19 acts read
About the unread acts

Of the 19 Belgian State Gazette acts we know for this company, 1 has been read. The other 18 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26105251). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 3

Birgit Van Driessche
Director · since 01-04-2026
Current
David Smart
Director · since 01-04-2026
Current
John Crotty
Director · since 01-04-2026
Current

Statutory auditor 1

Grant Thornton Bedrijfsrevisoren BV
Commissaris revisor · since 01-04-2026 · perm. rep.: Gregory Desmet
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
18 of this company's 19 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
2.1 ha
Building footprint
1.8 ha
Volume, LiDAR
129,993 m³
Parcel 44021A2943/00X000, Flanders · tallest building 34.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Milliken Textiles
Ham 24, 9000 GentManufacture of textiles
since 20162.258.698.052
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44021A2943/00X000 Flanders 2.1 ha 1 · 1.8 ha 34.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

5 people since 2026, 4 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Birgit Van Driessche
  • Director, already before 01-04-2026 to date
David Smart
  • Director, already before 01-04-2026 to date
John Crotty
  • Director, already before 01-04-2026 to date
Grant Thornton Bedrijfsrevisoren BV
  • Commissaris revisor, from 01-04-2026 to date
Halsey Cook
  • Director, until 17-08-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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Public money · subsidies and aid

Flemish government

2022 to 2025 · 6 entries · 48,737 EUR awarded · 48,737 EUR paid
Year Entries awardedpaid
2025 1 673 EUR673 EUR
2024 2 12,009 EUR22,009 EUR
2023 1 18,361 EUR18,361 EUR
2022 2 17,694 EUR7,694 EUR
Schemes
4 entries · 43,507 EUR · 43,507 EUR paid · Departement Werk en Sociale Economie
2 entries · 5,230 EUR · 5,230 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

2 ended
Elektrotechnicus (vwo)
ended · 2020 to 2025
Elektrotechnicus duaal (so)
ended · 2020 to 2025

Similar companies · same sector, comparable size

Of 138 companies in sector 13960 we hold annual accounts for 85. 35 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-10-2016
Fiscal year end30-11
Activities, NACEBEL 2025
13960Manufacture of textiles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0664747829
Also 9925:BE0664747829
Registered 12-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.