Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BROUWERIJ-HANDELSMAATSCHAPPIJ from Boortmeerbeek, company number BE0403567015, closed financial year 2025 with a result of € 6.9 million after tax. For that financial year BROUWERIJ-HANDELSMAATSCHAPPIJ recorded revenue of € 7 million and equity of € 104 million. Compared with financial year 2024, the result moved from € -12.1 million to € 6.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 104 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.9 million
▲ still € 12.1 million loss in 2024
Profit after tax over the fiscal year.
€ 5,737
▲ 276% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 95.9 million.
People and assets in 2025
1.7
Average over the fiscal year, from the social balance sheet.
€ 465,967
▲ 53% vs 2024
€ 274,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 262,695
Loans from banks and other lenders, long and short.
€ 226,031
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 1.4 million
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,311,063 | € 6,934,170 | € 7,198,455 | € 6,982,252 | ▼ 3% |
| Profit after taxes | € 3,997,545 | € 4,297,740 | € -12,143,874 | € 6,924,512 | ▲ € 19.1 million |
| Equity | € 104,956,814 | € 109,254,554 | € 97,110,679 | € 104,035,191 | ▲ 7% |
| Total debts | € 2,391,779 | € 2,400,792 | € 2,251,462 | € 2,315,878 | ▲ 3% |
| Cash | € 60,189 | € 63,182 | € 1,527 | € 5,737 | ▲ 276% |
| Land & buildings | € 43,361,110 | € 44,600,028 | € 43,685,624 | € 41,960,737 | ▼ 4% |
| Retained profit | € 96,856,814 | € 101,154,554 | € 89,010,679 | € 95,935,191 | ▲ 8% |
| Dividend | € 970,588 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 262,695 | |
| Balance sheet total | € 110,843,501 | € 115,311,116 | € 103,021,692 | € 110,124,964 | ▲ 7% |
| Employees (FTE) | 2.3 | 1.7 | 1.7 | 1.7 |
Key figures of BROUWERIJ-HANDELSMAATSCHAPPIJ, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BROUWERIJ-HANDELSMAATSCHAPPIJ?
What happened at BROUWERIJ-HANDELSMAATSCHAPPIJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MDR BV stepped down as director. NBB
- Francois Monfils stepped down as director. NBB
- Baudouin van der Kelen stepped down as director. NBB
- Jan De Nys stepped down as director. NBB
- Rode Ventures BV stepped down as director. NBB
- Isabelle van der Kelen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.9 million. Source: NBB ↗
- Argalix BV stepped down as director. NBB
In short
From € 4 million profit in 2022 to € 6.9 million profit in 2025.
Paid € 4.9 million in corporate taxes since 2022.
Best year ever: 2025, with € 6.9 million profit.
Paid out € 970,588 in dividends to the owners in total.
Management
The shares are held by Finabra (81.9%). It owns 100% of ANNE MERKPOEL, 100% of DE LEEUW BEHEERMAATSCHAPPIJ BV, 100% of ATLAS, 100% of BROUWERIJ HAACHT, 99.8% of INFRA and 80% of BRASSERIE DU COQ HARDI itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2029
Baudouin van der Kelen
Director
Also active at: ATLAS - Maatschappij voor LENINGEN EN VOORSCHOTTEN, FINABRA, CODRICO, INFRA, Lelle, GIRONDINE, FREMA, BELGIAN BREWERS - BELGISCHE BROUWERS - BRASSEURS BELGES +3 more
since 2022 · until 2028
Jan De Nys
Director
Also active at: SNOWDONIA, SVK, First Retail International 2, Regreen, Veilinghof ’t Sas, First Retail International, FINSBURY PROPERTIES
since 2024 · until 2028
Director · represented by Pierre Iweins
Also active at: ARTIFREEZE, VESALE PHARMACEUTICA, OP FOODS
since 2025 · until 2028
Isabelle van der Kelen
Director
since 2022 · until 2028
Director · represented by Francis Kint
Also active at: Pietercil Delby's, Greenyard, PINGUIN LANGEMARK, GREENYARD FROZEN LANGEMARK, Greenyard Frozen Belgium, PIETERCIL GROUP, BELIES, INEX-GROUP
since 2025 · until 2026
since 2025 · until 2025
since 2025 · until 2029
Shareholders
81.9%
Participations
100%
DE LEEUW BEHEERMAATSCHAPPIJ BV
100%
100%
100%
99.8%
BRASSERIE DU COQ HARDI
80%
LA GRANDE BARDE SCEA
6.7%
BELGA
5%
Establishments
Establishment units
Physical locations of this company
Provinciesteenweg 28
3190 Boortmeerbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
haacht.com
Registered
1997-04-29
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-04-30
Website info
Features
Security
Details
- Company number
- 0403.567.015
- VAT number
- BE 0403.567.015
- Registered office
- Provinciesteenweg 28, 3190 Boortmeerbeek
- Names & denominations
- BROUWERIJ-HANDELSMAATSCHAPPIJ · Co. Br. Ha.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1903
- Peppol
- Active · Active since 12 Sept 2025
- Contact
- haacht.com
- Activities · NACE
Vervaardiging van bier
Portefeuillemaatschappijen
Activiteiten van holdings
Holdings