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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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.4 to 1.7.
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Late annual account NBB
Fiscal year 2023 was filed 289 days after the legal deadline.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
DE BROUWZAELE from Gent, company number BE0453230817, closed financial year 2023 with a result of € -85,674 after tax. For that financial year DE BROUWZAELE recorded a gross margin of € -42,413 and equity of € -23,182. Compared with financial year 2022, the result moved from € -30,956 to € -85,674. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 13, 2025.
€ -23,182
▼ € 85,674 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -85,674
▼ 177 % more loss than in 2022
Profit after tax over the fiscal year.
€ 3,092
▼ 69% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,609.
People and assets in 2023
1.7
▼ 0.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 31,816
▼ 54% vs 2022
€ 18,700 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 2023
€ 4,807
Loans from banks and other lenders, long and short.
€ 121,774
▲ 30% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 5,466
▼ 10% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 7,836 | € 39,993 | € -42,413 | ▼ € 82,406 |
| Profit after taxes | € -20,728 | € -30,956 | € -85,674 | ▼ € 54,718 |
| Equity | € 93,447 | € 62,491 | € -23,182 | ▼ € 85,674 |
| Total debts | € 161,597 | € 169,934 | € 132,047 | ▼ 22% |
| Cash | € 31,081 | € 9,878 | € 3,092 | ▼ 69% |
| Retained profit | € 26,020 | € -4,936 | € -90,609 | ▼ € 85,674 |
| Bank debt | € 0 | € 0 | € 4,807 | |
| Balance sheet total | € 255,044 | € 232,425 | € 108,865 | ▼ 53% |
| Employees (FTE) | 3.4 | 2.5 | 1.7 | ▼ 0.8 |
Key figures of DE BROUWZAELE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to DE BROUWZAELE?
What happened at DE BROUWZAELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
DE BROUWZAELE is active according to the CBE. Legal situation: Opening faillissement.
- HOLDING CREMAN stepped down as director. NBB
- Niels Maurice Bouckaert stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 85,674. filed late Source: NBB ↗
- HOLDING CREMAN became a director. NBB
- Niels Maurice Bouckaert became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,728 loss in 2021 to € 85,674 loss in 2023.
Paid € 1,718 in corporate taxes since 2021.
On average € 16,000 of value added per employee in 2022.
Management
The stake of HOLDING CREMAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE BROUWZAELEThe shares are held by HOLDING CREMAN (99.3%).
Directors
According to the 2023 annual accounts
Director · represented by Bouckaert NIELS MAURICE
since 2024 · until 2030
Niels Maurice Bouckaert
Director
since 2024 · until 2030
Shareholders
99.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Antoon Catriestraat 11 box A
9031 Gent
Ter Platen 17
9000 Gent
Active since 22 December 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.230.817
- VAT number
- BE 0453.230.817
- Registered office
- Antoon Catriestraat 11 bus A, 9031 Gent
- Names & denominations
- DE BROUWZAELE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 3 August 1994
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)