Sector · NACE 1422

Manufacture of underwear

37 Belgian companies whose main activity falls under NACE code 1422 have filed annual accounts. Their median solvency is 39.7% for financial year 2024.

Companies37
Median solvency39.7%
Median equity155,191 €
Median headcount (FTE)3.1
Founded in the last 3 years0

Sector medians

Computed by Idonis

Distribution 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.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 11.6%39.7%64.9% 34
Current ratio 0.731.662.86 36
ROE -3.2%5.7%15.6% 27
Equity 12,333 €155,191 €313,546 € 36
Total assets 99,520 €296,731 €739,515 € 35
Net result −4,313 €5,534 €44,394 € 35
Headcount (avg FTE) 1.93.17.6 12

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 underwear

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

#Company Total assetsRevenue EquityFTEYear
1 Van de Velde 9260 Wichelen €180.9m €196.6m €107.6m 465.6 2025
2 Cofisim 7700 Mouscron €13.4m — €9.70m — 2025
3 Schauvliege J.E. Import - Export 8000 Bruges €12.8m — €3.78m — 2025
4 Fashion Unlimited 2300 Turnhout €4.23m — €1.16m — 2025
5 Fernand de Spiegelaere 8800 Roeselare €4.16m — €2.02m 11.8 2025
6 Maille France 1070 Anderlecht €1.41m — 505,168 € 8.8 2025
7 Wesemael 8300 Knokke-Heist €1.29m — 537,902 € — 2025
8 Stoopen 2275 Lille €1.06m — 518,694 € — 2025
9 Homezee 5370 Havelange 734,003 € — −194,397 € — 2025
10 Bauwelinck 9150 Beveren-Kruibeke-Zwijndrecht 668,460 € — 237,982 € — 2025
11 Experimotions 1785 Merchtem 580,562 € — 219,372 € — 2025
12 De Meester 2400 Mol 479,897 € — 288,107 € 3.2 2025
13 Jusqu'au Lever du Jour 4880 Aubel 472,198 € — 241,923 € 1.0 2025
14 LB Caira 6180 Courcelles 427,401 € — 359,081 € 2.0 2024
15 Entusia 2350 Vosselaar 352,095 € — 65,123 € — 2025
16 M & C Fashion 5650 Walcourt 308,256 € — 123,928 € 0.8 2026
17 Amazone 9260 Wichelen 295,610 € — 227,007 € — 2025
18 Klaas Calle Architect 9550 Herzele 273,116 € — 189,353 € — 2025
19 Josee 2900 Schoten 237,681 € — 202,078 € 2.3 2024
20 LAU'S Group 2060 Antwerp 229,033 € — 198,131 € — 2025

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

See all 37 companies, full list →

Where are they based?

  • Antwerp10
  • Brussels-Capital6
  • West Flanders6
  • East Flanders5
  • Hainaut4
  • Namur2
  • Walloon Brabant1
  • Flemish Brabant1
  • Limburg1
  • Liège1

Municipalities with the most

Related sectors

← The whole Manufacture of wearing apparel sector (NACE 14)

Frequently asked questions

How many Manufacture of underwear companies are there in Belgium?

37 Belgian companies whose main activity falls under NACE code 1422 (Manufacture of underwear) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of underwear?

For financial year 2024, median solvency (equity over total assets) is 39.7%. The middle half of companies lies between 11.6% and 64.9% (34 companies).

What is the largest company in Manufacture of underwear?

By total assets, it is Van de Velde (€180.9m, financial year 2025).

Where are Manufacture of underwear companies based?

The municipalities with the most: Anderlecht (2), Wichelen (2), Brussels (1).

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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.