Manufacture of textiles
959 Belgian companies whose main activity falls under NACE code 13 have filed annual accounts. Their median solvency is 45.5% for financial year 2024.
Sector medians
Computed by IdonisDistribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.
| Indicator | 1st quartile | Median | 3rd quartile | Companies |
|---|---|---|---|---|
| Solvency | 20.8% | 45.5% | 71.3% | 885 |
| Current ratio | 0.97 | 1.63 | 3.01 | 872 |
| ROE | -0.7% | 7.5% | 20.5% | 776 |
| Equity | 37,516 € | 284,420 € | €1.28m | 891 |
| Total assets | 181,220 € | 687,029 € | €2.91m | 890 |
| Net result | −4,414 € | 12,405 € | 96,727 € | 889 |
| Headcount (avg FTE) | 1.8 | 4.9 | 19.0 | 557 |
Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method
Largest companies: Manufacture of textiles
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Sioen Industries 8850 Ardooie | €489.0m | €191.8m | €142.7m | 313.6 | 2025 |
| 2 | IVC 8580 Avelgem | €288.0m | €349.8m | €254.9m | 678.3 | 2025 |
| 3 | Balta Industries 8710 Wielsbeke | €273.3m | €132.5m | €88.9m | 677.9 | 2026 |
| 4 | Velcro Holdings Belgium 9800 Deinze | €243.8m | — | €243.8m | — | 2025 |
| 5 | Global Textile Alliance Belgium 8710 Wielsbeke | €185.7m | €49.8m | €131.0m | 165.8 | 2025 |
| 6 | ECA 9960 Assenede | €149.6m | €14.4m | €140.2m | 75.2 | 2025 |
| 7 | Bekaertdeslee Innovation 8790 Waregem | €146.9m | €13.7m | €28.1m | — | 2025 |
| 8 | Brustor 8560 Wevelgem | €140.3m | €102.6m | €123.7m | 263.5 | 2025 |
| 9 | B.I.G. Floorcoverings 8710 Wielsbeke | €131.4m | €129.8m | €86.8m | 237.6 | 2025 |
| 10 | Milliken Europe 9000 Ghent | €124.9m | €146.4m | €98.5m | 75.4 | 2025 |
| 11 | BekaertDeslee 8790 Waregem | €119.4m | €106.3m | €91.2m | 46.3 | 2025 |
| 12 | Thule 8930 Menen | €96.5m | €158.6m | €50.2m | 363.2 | 2025 |
| 13 | Utexbel 9600 Ronse | €93.2m | €124.1m | €33.8m | 637.5 | 2025 |
| 14 | ConTeyor International 9820 Merelbeke-Melle | €90.7m | €34.7m | €33.0m | 2.0 | 2025 |
| 15 | Sports and Leisure Group 9100 Sint-Niklaas | €84.6m | €88.6m | €27.2m | 104.1 | 2025 |
| 16 | ITC Co 8700 Tielt | €77.3m | €69.2m | €29.2m | 431.8 | 2025 |
| 17 | TWE Meulebeke 8760 Tielt | €77.0m | €72.8m | €62.7m | 245.0 | 2025 |
| 18 | Lano 8530 Harelbeke | €75.5m | €95.2m | €28.2m | 359.8 | 2025 |
| 19 | Seyntex 9880 Aalter | €75.1m | €128.8m | €44.8m | 33.8 | 2026 |
| 20 | Associated Weavers Europe 9600 Ronse | €69.0m | €127.3m | €20.9m | 367.5 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Where are they based?
Municipalities with the most
- 8710 Wielsbeke (Ooigem, Sint-Baafs-Vijve)23
- 8540 Deerlijk22
- 8790 Waregem22
- 8560 Wevelgem (Gullegem, Moorsele)20
- 8500 Kortrijk17
- 8570 Anzegem (Gijzelbrechtegem, Ingooigem, Vichte)17
- 8800 Roeselare (Beveren, Oekene, Rumbeke)13
- 9800 Deinze (Astene, Bachte-Maria-Leerne, Gottem, …)13
- 7700 Mouscron (Luingne)12
- 8530 Harelbeke12
- 9100 Sint-Niklaas (Nieuwkerken-Waas)12
- 8770 Ingelmunster11
Manufacture of textiles: rankings by region and province
The largest companies in the sector in each region and province, by municipality of the registered office. A ranking is published once 10 companies in the sector publish the figure there.
| Area | Total assets | Revenue | Headcount |
|---|---|---|---|
| Flanders | Largest | Revenue | Employers |
| Wallonia | Largest | Revenue | Employers |
| Brussels | Largest | — | Employers |
| Antwerp province | Largest | — | Employers |
| Flemish Brabant | Largest | — | Employers |
| Limburg | Largest | — | Employers |
| East Flanders | Largest | Revenue | Employers |
| West Flanders | Largest | Revenue | Employers |
| Walloon Brabant | Largest | — | — |
| Hainaut | Largest | Revenue | Employers |
| Liège province | Largest | Revenue | Employers |
| Namur province | Largest | — | — |
Sub-sectors
- 1392 Manufacture of household textiles and made-up furnishing articles344
- 1330 Finishing of textiles180
- 1310 Preparation and spinning of textile fibres135
- 1393 Manufacture of carpets and rugs83
- 1320 Weaving of textiles81
- 1396 Manufacture of other technical and industrial textiles64
- 1399 Manufacture of other textiles n.e.c.39
- 1391 Manufacture of knitted and crocheted fabrics22
- 1394 Manufacture of cordage, rope, twine and netting10
Frequently asked questions
How many Manufacture of textiles companies are there in Belgium?
959 Belgian companies whose main activity falls under NACE code 13 (Manufacture of textiles) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of textiles?
For financial year 2024, median solvency (equity over total assets) is 45.5%. The middle half of companies lies between 20.8% and 71.3% (885 companies).
What is the largest company in Manufacture of textiles?
By total assets, it is Sioen Industries (€489.0m, financial year 2025).
Where are Manufacture of textiles companies based?
The municipalities with the most: Wielsbeke (23), Deerlijk (22), Waregem (22).
Analyse companies in Manufacture of textiles
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Open the full file →Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 12 Nov 2026.