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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
BRASSERIE MADY from Gent, company number BE0473504510, closed financial year 2025 with a result of € -170,879 after tax. For that financial year BRASSERIE MADY recorded a gross margin of € 205,569 and equity of € -179,756. Compared with financial year 2024, the result moved from € -15,357 to € -170,879. 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 27, 2026.
€ -179,756
▼ € 170,879 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -170,879
▼ 1013 % more loss than in 2024
Profit after tax over the fiscal year.
€ 19,856
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -187,756.
People and assets in 2025
€ 362,984
▲ 102% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,209
Of which on lease € 28,770.
Debts at end 2025
€ 47,928
▲ 181% vs 2024
€ 6,091 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 91,051
▲ 254% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,471
▲ 274% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 173,520 | € 186,067 | € 184,467 | € 205,569 | ▲ 11% |
| Profit after taxes | € 7,993 | € -1,449 | € -15,357 | € -170,879 | ▼ € 155,523 |
| Equity | € 53,529 | € 14,480 | € -8,877 | € -179,756 | ▼ € 170,879 |
| Total debts | € 54,936 | € 70,217 | € 74,162 | € 317,868 | ▲ € 243,706 |
| Cash | € 64,000 | € 31,120 | € 21,713 | € 19,856 | ▼ 9% |
| Retained profit | € -71 | € -1,520 | € -16,877 | € -187,756 | ▼ € 170,879 |
| Bank debt | € 571 | € 8,141 | € 17,077 | € 47,928 | ▲ 181% |
| Balance sheet total | € 108,465 | € 84,697 | € 65,285 | € 138,112 | ▲ 112% |
Key figures of BRASSERIE MADY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BRASSERIE MADY?
What happened at BRASSERIE MADY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BRASSERIE MADY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 170,879. filed late Source: NBB ↗
- FVC Holdings BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,993 profit in 2022 to € 170,879 loss in 2025.
Paid € 3,883 in corporate taxes since 2022.
Best year ever: 2022, with € 7,993 profit.
Management
The stake of FVC Holdings comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRASSERIE MADYBehind BRASSERIE MADY is FVC Holdings BV. The shares are held by FVC Holdings (100%).
Directors
According to the 2025 annual accounts
Director · represented by Vancoillie Fien
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vrijdagmarkt 17
9000 Gent
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
- 0473.504.510
- VAT number
- BE 0473.504.510
- Registered office
- Vrijdagmarkt 17, 9000 Gent
- Names & denominations
- BRASSERIE MADY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 December 2000
- Peppol
- Active · Active since 27 May 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met volledige bediening