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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 25.3 to 20.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
BrewDog Belgium from Brussel, company number BE0501789017, closed financial year 2024 with a result of € -111,859 after tax. For that financial year BrewDog Belgium recorded a gross margin of € 951,161 and equity of € -3.1 million. Compared with financial year 2023, the result moved from € -600,504 to € -111,859. 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 August 27, 2025.
€ -3.1 million
▼ € 111,859 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -111,859
▲ 81 % less loss than in 2023
Profit after tax over the fiscal year.
€ 209,083
▲ 32% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.3 million.
People and assets in 2024
20
▼ 3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 979,063
▼ 5% vs 2023
€ 49,000 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 2024
None
No bank loans on the last day of the fiscal year.
€ 444,743
▲ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 141,727
▲ 22% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -89,959 | € 481,234 | € 727,731 | € 951,161 | ▲ 31% |
| Profit after taxes | € -608,748 | € -543,749 | € -600,504 | € -111,859 | ▲ € 488,645 |
| Equity | € -1,797,485 | € -2,341,235 | € -2,941,739 | € -3,053,598 | ▼ € 111,859 |
| Total debts | € 2,437,812 | € 2,624,252 | € 3,179,449 | € 3,484,539 | ▲ 10% |
| Cash | € 232,798 | € 50,256 | € 158,814 | € 209,083 | ▲ 32% |
| Retained profit | € -1,997,485 | € -2,541,235 | € -3,141,739 | € -3,253,598 | ▼ € 111,859 |
| Balance sheet total | € 670,442 | € 313,132 | € 267,825 | € 461,056 | ▲ 72% |
| Employees (FTE) | 18.9 | 25.3 | 23 | 20 | ▼ 3 |
Key figures of BrewDog Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BrewDog Belgium?
What happened at BrewDog Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BrewDog Belgium is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 111,859. filed late Source: NBB ↗
- Lauren CARROL became a director. NBB
- James TAYLOR became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 608,748 loss in 2021 to € 111,859 loss in 2024.
Paid € 63,441 in corporate taxes since 2021.
On average € 47,600 of value added per employee in 2024.
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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
Behind BrewDog Belgium are Lauren CARROL and James TAYLOR.
Directors
According to the 2024 annual accounts
Lauren CARROL
Director
since 2025
James TAYLOR
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Putterij 20
1000 Brussel
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
- 0501.789.017
- VAT number
- BE 0501.789.017
- Registered office
- Putterij 20, 1000 Brussel
- Names & denominations
- BrewDog Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 6 December 2012
- Peppol
- Not registered
- Activities · NACE
Cafés en bars