Sector · NACE 2894

Manufacture of machinery for textile, apparel and leather production

27 Belgian companies whose main activity falls under NACE code 2894 have filed annual accounts. Their median solvency is 69.2% for financial year 2025.

Companies27
Median solvency69.2%
Median equity€1.25m
Median headcount (FTE)12.2
Founded in the last 3 years1

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 35.2%69.2%90.5% 26
Current ratio 1.312.7810.20 26
ROE -4.1%4.6%16.2% 26
Equity 356,321 €€1.25m€3.11m 26
Total assets 522,925 €€2.78m€8.55m 26
Net result −13,797 €31,624 €550,729 € 26
Headcount (avg FTE) 6.112.254.2 17

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 machinery for textile, apparel and leather production

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

#Company Total assetsRevenue EquityFTEYear
1 Vandewiele 8510 Kortrijk €939.5m €83.2m €324.4m 464.3 2025
2 Vandewiele Group 8510 Kortrijk €497.6m €28.3m €408.5m 6.3 2025
3 Picanol 8900 Ypres €210.8m €300.9m €148.8m 620.7 2025
4 Alliance Laundry 1210 Saint-Josse-ten-Noode €202.6m — €16.6m 12.2 2025
5 Pierret Industries 6838 Bouillon €17.1m — €1.43m 27.4 2024
6 Vytech Menen 8930 Menen €11.3m €13.4m €1.82m 76.1 2025
7 Cretes 8560 Wevelgem €10.3m — €1.45m 26.9 2025
8 Motiv 8792 Waregem €8.71m — €7.96m 25.1 2025
9 Gilbos 9310 Aalst €8.08m €9.80m €5.21m 65.4 2025
10 Werkhuizen Lapauw 8501 Kortrijk €6.34m €10.5m 617,797 € 54.2 2025
11 Handsaeme-Machinery 8870 Izegem €6.17m — €3.43m 35.6 2025
12 Qmatex 8540 Deerlijk €5.65m — €1.76m 7.6 2025
13 Texfinity 2370 Arendonk €5.43m — €1.19m 6.1 2025
14 Texprofin 8791 Waregem €2.87m — €2.17m 4.0 2025
15 Construma 8531 Harelbeke €2.68m — €1.88m 2.4 2025
16 Dekken 4700 Eupen €1.68m — 683,544 € 0.4 2025
17 Lefebre 8540 Deerlijk €1.40m — €1.26m — 2025
18 Allinvent 2950 Kapellen €1.30m — €1.24m 0.6 2025
19 T.M.C. Machines 8900 Ypres 991,759 € — 368,444 € 9.0 2025
20 Cotonnière industrielle et financière 8820 Torhout 923,306 € — 902,928 € — 2025

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

See all 27 companies, full list →

Related sectors

← The whole Manufacture of machinery and equipment n.e.c. sector (NACE 28)

Frequently asked questions

How many Manufacture of machinery for textile, apparel and leather production companies are there in Belgium?

27 Belgian companies whose main activity falls under NACE code 2894 (Manufacture of machinery for textile, apparel and leather production) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of machinery for textile, apparel and leather production?

For financial year 2025, median solvency (equity over total assets) is 69.2%. The middle half of companies lies between 35.2% and 90.5% (26 companies).

What is the largest company in Manufacture of machinery for textile, apparel and leather production?

By total assets, it is Vandewiele (€939.5m, financial year 2025).

Where are Manufacture of machinery for textile, apparel and leather production companies based?

The municipalities with the most: Kortrijk (2), Deerlijk (2), Waregem (2).

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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.