Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 34.3 to 28.7.
Financials
Financial year 2025
BRASSERIE D'ACHOUFFE from Houffalize, company number BE0429312102, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year BRASSERIE D'ACHOUFFE recorded revenue of € 8.3 million and equity of € 5.5 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.5 million. The company is profitable. 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 July 30, 2026.
€ 5.5 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 11,020
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
27 % of the profit went to the shareholders, mostly to DUVEL MOORTGAT (100 % of the shares). That is where the money ends up.
People and assets in 2025
28.7
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▼ 9% vs 2024
€ 80,800 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.
€ 12,435
▼ 29% vs 2024
Of which on lease € 1,799.
Debts at end 2025
€ 1,941
▼ 51% vs 2024
Loans from banks and other lenders, long and short.
€ 980,366
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.
€ 470,534
▼ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,292,938 | € 9,192,911 | € 8,751,028 | € 8,310,620 | ▼ 5% |
| Profit after taxes | € 1,240,586 | € 1,411,724 | € 1,531,668 | € 1,475,094 | ▼ 4% |
| Equity | € 6,716,737 | € 6,428,461 | € 4,460,129 | € 5,535,223 | ▲ 24% |
| Total debts | € 1,872,618 | € 4,017,150 | € 5,796,139 | € 1,911,552 | ▼ 67% |
| Cash | € 12,591 | € 14,152 | € 7,321 | € 11,020 | ▲ 51% |
| Land & buildings | € 1,137,048 | € 1,079,630 | € 1,021,403 | € 988,459 | ▼ 3% |
| Retained profit | € 6,616,737 | € 6,328,461 | € 4,360,129 | € 5,435,223 | ▲ 25% |
| Dividend | € 0 | € 1,700,000 | € 3,500,000 | € 400,000 | ▼ 89% |
| Bank debt | € 7,734 | € 5,881 | € 3,952 | € 1,941 | ▼ 51% |
| Balance sheet total | € 8,589,355 | € 10,445,611 | € 10,256,268 | € 7,446,775 | ▼ 27% |
| Employees (FTE) | 34.9 | 34.3 | 32.3 | 28.7 | ▼ 3.6 |
Key figures of BRASSERIE D'ACHOUFFE, 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 BRASSERIE D'ACHOUFFE?
What happened at BRASSERIE D'ACHOUFFE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lema SRL stepped down as director. NBB
- Christian Bauweraerts stepped down as director. NBB
- Finveco SRL stepped down as director. NBB
- GBU Consult SRL stepped down as director. NBB
- Integy SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 4% vs 2024). Source: NBB ↗
- Krug SRL stepped down as director. NBB
- Lema SRL became a director. NBB
In short
From € 1.2 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.5 million profit.
Paid out € 5.6 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DUVEL MOORTGAT, Moortgat Financial Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRASSERIE D'ACHOUFFEThe shares are held by DUVEL MOORTGAT (99.9%) and Moortgat Financial Services (0%).
Directors
According to the 2025 annual accounts
Christian Bauweraerts
Director
since 2023 · until 2029
Director · represented by Seraf De Smedt
since 2021 · until 2027
Managing director · represented by Michel Moortgat
Also active at: DUVEL MOORTGAT, LOTUS BAKERIES, Brouwerij De Valk, Gildenhuis Wilrijk, ANTWERP CITY BREWERY, Brouwerij De Koninck, La Vallée des Fées, Moortgat Financial Services +6 more
since 2024 · until 2030
since 2021 · until 2027
Director · represented by Van der Taelen Koen
since 2021 · until 2027
Director · represented by Daniël Krug
Also active at: Brouwerij De Valk, Chocolaterie Guylian, ANTWERP CITY BREWERY, Brouwerij De Koninck, La Vallée des Fées, Moortgat Financial Services, FIN CO, OTOMAT +2 more
since 2024 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Achouffe 32
6666 Houffalize
Fontenaille 6 box A
6661 Houffalize
Active since 1 January 2010
Achouffe 8
6666 Houffalize
Active since 1 January 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0429.312.102
- VAT number
- BE 0429.312.102
- Registered office
- Achouffe 32, 6666 Houffalize
- Names & denominations
- BRASSERIE D'ACHOUFFE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 1986
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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