European Spinning Group SA
51.1 FTEEuropean Spinning Group reported revenue of €17.1m for the 2026 financial year (non-consolidated annual accounts filed with the NBB on 29 Sep 2026), with 51.1 full-time equivalents.
The score of European Spinning Group shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2026
Change 2024 → 2026: Revenue +1 % Equity -24 % Total assets -14 % Headcount (avg FTE) -29 %
Accounts of the company itself (not consolidated). Consolidated group accounts are also filed: they are in the full file.
The full file covers 10 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
European Spinning Group's annual accounts
| 2026 | 2025 | 2024 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €17.1m | ||||
| Net result | −€1.78m | ||||
| Equity | €14.2m | ||||
| Cash | 779,253 € | ||||
| EBITDA | −829,086 € | ||||
| Total assets | €26.9m |
Filed annual accounts
- Year ended 31 Mar 2026filed on 29 Sep 2026
- Year ended 31 Mar 2025filed on 14 Oct 2025
- Year ended 31 Mar 2024filed on 09 Oct 2024
- Year ended 31 Dec 2022filed on 20 Jun 2023
- Year ended 31 Dec 2021filed on 10 Jun 2022
European Spinning Group's financial analysis
- Solvency52.9%sector median: 67.2%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of European Spinning Group
European Spinning Group's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0416.644.890
- VAT number
- BE0416644890
- Peppol
- Registered · 0208:0416644890 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 02 Jul 1976
- Registered office
- 8587 Spiere-Helkijn
- Size
- Medium · 51.1 FTE
- Latest accounts
- 2026 · filed on 29 Sep 2026
- Activity
- Preparation and spinning of textile fibres (NACE 13100)
European Spinning Group (SA) has been based in Spiere-Helkijn since 1976, active in: preparation and spinning of textile fibres. For 2026, it reports revenue of €17.1m, a net loss of €1.78m and equity of €14.2m. With 51.1 full-time equivalents, it is a medium-sized enterprise by headcount. Its solvency stands at 52.9%, below the median of its sector (67.2%).
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Companies similar to European Spinning Group
Companies in the same business, of comparable size and area, outside its group.
- Jos Vanneste Preparation and spinning of textile fibres Harelbeke · balance sheet €16.2m
- Castellins Preparation and spinning of textile fibres Wevelgem · balance sheet €35.2m
- Iwan Simonis Preparation and spinning of textile fibres Dison · balance sheet €56.1m
- Vanytex Preparation and spinning of textile fibres Ingelmunster · balance sheet €9.47m
- Procotex Corporation Preparation and spinning of textile fibres Mouscron · balance sheet €42.1m
- Utexbel Preparation and spinning of textile fibres Ronse · balance sheet €93.2m
- TWE Meulebeke Preparation and spinning of textile fibres Tielt · balance sheet €77.0m
- Vervaeke Fibers Preparation and spinning of textile fibres Wielsbeke · balance sheet €14.5m
Frequently asked questions about European Spinning Group
What is the revenue of European Spinning Group?
According to the 2026 annual accounts filed with the NBB, the revenue of European Spinning Group amounts to 17,101,268 €.
What is the VAT number of European Spinning Group?
In Belgium, the VAT number is the company number prefixed with BE: BE0416644890 for European Spinning Group, if the company is VAT-registered. Its company number (CBE) is 0416.644.890.
Where is the registered office of European Spinning Group?
According to the CBE register, the registered office of European Spinning Group is in 8587 Spiere-Helkijn.
What is the equity of European Spinning Group?
At the close of the 2026 financial year, the equity of European Spinning Group amounts to 14,245,372 €, a solvency of 52.9% of total assets.
How many people work at European Spinning Group?
51.1 full-time equivalents on average according to the 2026 social balance sheet.
Who manages European Spinning Group?
The register lists 5 active mandates at European Spinning Group. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of European Spinning Group
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
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