Sector · NACE 1310

Preparation and spinning of textile fibres

135 Belgian companies whose main activity falls under NACE code 1310 have filed annual accounts. Their median solvency is 62.5% for financial year 2025.

Companies135
Median solvency62.5%
Median equity€1.06m
Median headcount (FTE)5.2
Founded in the last 3 years3

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2025: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 42.1%62.5%87.7% 125
Current ratio 1.382.245.58 120
ROE 2.3%10.7%22.7% 119
Equity 338,590 €€1.06m€4.42m 127
Total assets 580,002 €€2.42m€7.61m 126
Net result 2,966 €79,322 €637,835 € 127
Headcount (avg FTE) 1.85.216.4 92

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: Preparation and spinning of textile fibres

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Milliken Europe 9000 Ghent €124.9m €146.4m €98.5m 75.4 2025
2 Utexbel 9600 Ronse €93.2m €124.1m €33.8m 637.5 2025
3 TWE Meulebeke 8760 Tielt €77.0m €72.8m €62.7m 245.0 2025
4 Albert BRILLE 8560 Wevelgem €67.1m €50.7m €34.5m 3.5 2025
5 Iwan Simonis 4821 Dison €56.1m €12.4m €47.0m 62.0 2025
6 Procotex Corporation 7711 Mouscron €42.1m €54.0m €10.6m 25.6 2025
7 Beaulieu Fibres International 8710 Wielsbeke €40.4m €134.9m €19.3m 137.2 2025
8 B.I.G. Yarns Europe 9770 Kruisem €40.1m €57.8m €21.4m 84.2 2025
9 Castellins 8560 Wevelgem €35.2m €48.0m €16.4m 11.6 2026
10 European Spinning Group 8587 Spiere-Helkijn €26.9m €17.1m €14.2m 51.1 2026
11 Derotex 8710 Wielsbeke €22.9m — €2.36m 7.7 2026
12 Debruyne 8850 Ardooie €20.8m €27.5m €12.5m 21.4 2025
13 Devalin 8560 Wevelgem €19.3m €20.2m €11.3m 5.6 2026
14 AstenJohnson 4701 Eupen €18.0m €27.0m €10.2m 165.8 2025
15 Marcel Liebaert 9800 Deinze €16.9m €14.8m €10.3m 110.0 2025
16 Gallin 8710 Wielsbeke €16.7m — €13.0m 7.0 2025
17 Vlasvezelbedrijf Léon Vandecasteele-Entreprise linière Léon Vandecasteele 8860 Lendelede €16.4m — €11.2m 13.1 2025
18 Jos Vanneste 8530 Harelbeke €16.2m €52.0m €7.03m 49.7 2025
19 United Wool Spinners 8980 Zonnebeke €16.1m 459,324 € €6.76m 1.1 2025
20 Vervaeke Fibers 8710 Wielsbeke €14.5m — €11.2m 1.0 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

See all 135 companies, full list →

Related sectors

← The whole Manufacture of textiles sector (NACE 13)

Frequently asked questions

How many Preparation and spinning of textile fibres companies are there in Belgium?

135 Belgian companies whose main activity falls under NACE code 1310 (Preparation and spinning of textile fibres) have filed annual accounts with the National Bank.

What is the median solvency in Preparation and spinning of textile fibres?

For financial year 2025, median solvency (equity over total assets) is 62.5%. The middle half of companies lies between 42.1% and 87.7% (125 companies).

What is the largest company in Preparation and spinning of textile fibres?

By total assets, it is Milliken Europe (€124.9m, financial year 2025).

Where are Preparation and spinning of textile fibres companies based?

The municipalities with the most: Wielsbeke (13), Ingelmunster (8), Wevelgem (7).

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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 14 Nov 2026.