What does SPIRITS BY DESIGN do?

SPIRITS BY DESIGN is a beverage producer in Avelgem. Private Limited, started on 20 February 2015, 1 establishment.

What is the address of SPIRITS BY DESIGN?

The registered office of SPIRITS BY DESIGN is located at Doorniksesteenweg 402, 8583 Avelgem.

Is SPIRITS BY DESIGN still active?

Yes. According to the CBE (30 October 2026) SPIRITS BY DESIGN is active, legal situation “Normale toestand”, started on 20 February 2015.

Is SPIRITS BY DESIGN registered on Peppol?

Yes, SPIRITS BY DESIGN is registered on the Peppol network with ID 0208:0598836032.

What is the enterprise number of SPIRITS BY DESIGN?

The enterprise number of SPIRITS BY DESIGN is BE0598836032.

When was SPIRITS BY DESIGN founded?

SPIRITS BY DESIGN was founded on 20 February 2015.

Who are the directors of SPIRITS BY DESIGN?

According to the 2026 annual accounts, the directors of SPIRITS BY DESIGN are: Tim Veys.

Is SPIRITS BY DESIGN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 February 2015; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account.

How much profit did SPIRITS BY DESIGN make in 2026?

SPIRITS BY DESIGN recorded a loss after taxes of € 99,297 in financial year 2026.

What is the revenue of SPIRITS BY DESIGN?

As a small company, SPIRITS BY DESIGN is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 24,532.

How much does an employee at SPIRITS BY DESIGN earn?

The average wage cost per full-time employee at SPIRITS BY DESIGN was € 10,600 in 2025: staff costs of € 12,736 for 1.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Does SPIRITS BY DESIGN have a website?

Yes, SPIRITS BY DESIGN has a website at spiritsbydesign.com.

SPIRITS BY DESIGN (Private Limited) - Avelgem

Dossier SPIRITS BY DESIGN, printed on 30 October 2026 from databakkes.be/en/0598836032/spirits-by-design. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2025 and 2026.
Tight liquidity NBB

Cash and receivables cover 24 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

SPIRITS BY DESIGN from Avelgem, company number BE0598836032, closed financial year 2026 with a result of € -99,297 after tax. For that financial year SPIRITS BY DESIGN recorded a gross margin of € 24,532 and equity of € 63,224. Compared with financial year 2025, the result moved from € -3,098 to € -99,297. The company made a loss. The buffer shrank hard: equity is 61 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.

What it is worth Shrank hard

€ 63,224

▼ 61% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -99,297

▼ 3105 % more loss than in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 5,495

▼ 74% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 43,224.

People and assets in 2026

Wage cost

€ 10,139

▼ 20% vs 2025

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 2026

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 459,512

▼ 14% vs 2025

€ 36,235 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 370

▼ 99% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 4,172

▼ 29% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 111,973 Gross margin 2023: € 111,973 First fiscal year in the series	€ 83,136 Gross margin 2024: € 83,136 ▼ 26% vs 2023 (€ 111,973) Unfavourable step	€ 65,523 Gross margin 2025: € 65,523 ▼ 21% vs 2024 (€ 83,136) Unfavourable step	€ 24,532 Gross margin 2026: € 24,532 ▼ 63% vs 2025 (€ 65,523) Unfavourable step	▼ 63%
Profit after taxes	€ 8,422 Profit after taxes 2023: € 8,422 First fiscal year in the series	€ 9,508 Profit after taxes 2024: € 9,508 ▲ 13% vs 2023 (€ 8,422) Favourable step	€ -3,098 Profit after taxes 2025: € -3,098 ▼ € 12,606 vs 2024 (€ 9,508) Unfavourable step	€ -99,297 Profit after taxes 2026: € -99,297 ▼ € 96,199 vs 2025 (€ -3,098) Unfavourable step	▼ € 96,199
Equity	€ 156,111 Equity 2023: € 156,111 First fiscal year in the series	€ 165,619 Equity 2024: € 165,619 ▲ 6% vs 2023 (€ 156,111) Favourable step	€ 162,521 Equity 2025: € 162,521 ▼ 2% vs 2024 (€ 165,619) Unfavourable step	€ 63,224 Equity 2026: € 63,224 ▼ 61% vs 2025 (€ 162,521) Unfavourable step	▼ 61%
Total debts	€ 706,406 Total debts 2023: € 706,406 First fiscal year in the series	€ 624,354 Total debts 2024: € 624,354 ▼ 12% vs 2023 (€ 706,406) Favourable step	€ 589,650 Total debts 2025: € 589,650 ▼ 6% vs 2024 (€ 624,354) Favourable step	€ 464,053 Total debts 2026: € 464,053 ▼ 21% vs 2025 (€ 589,650) Favourable step	▼ 21%
Cash	€ 12,670 Cash 2023: € 12,670 First fiscal year in the series	€ 31,900 Cash 2024: € 31,900 ▲ 152% vs 2023 (€ 12,670) Favourable step	€ 21,187 Cash 2025: € 21,187 ▼ 34% vs 2024 (€ 31,900) Unfavourable step	€ 5,495 Cash 2026: € 5,495 ▼ 74% vs 2025 (€ 21,187) Unfavourable step	▼ 74%
Land & buildings	€ 540,247 Land & buildings 2023: € 540,247 First fiscal year in the series	€ 510,907 Land & buildings 2024: € 510,907 ▼ 5% vs 2023 (€ 540,247) Unchanged	€ 481,566 Land & buildings 2025: € 481,566 ▼ 6% vs 2024 (€ 510,907) Unchanged	€ 452,226 Land & buildings 2026: € 452,226 ▼ 6% vs 2025 (€ 481,566) Unchanged	▼ 6%
Retained profit	€ 136,111 Retained profit 2023: € 136,111 First fiscal year in the series	€ 145,619 Retained profit 2024: € 145,619 ▲ 7% vs 2023 (€ 136,111) Favourable step	€ 142,521 Retained profit 2025: € 142,521 ▼ 2% vs 2024 (€ 145,619) Unfavourable step	€ 43,224 Retained profit 2026: € 43,224 ▼ 70% vs 2025 (€ 142,521) Unfavourable step	▼ 70%
Bank debt	€ 654,170 Bank debt 2023: € 654,170 First fiscal year in the series	€ 588,648 Bank debt 2024: € 588,648 ▼ 10% vs 2023 (€ 654,170) Favourable step	€ 534,370 Bank debt 2025: € 534,370 ▼ 9% vs 2024 (€ 588,648) Favourable step	€ 459,512 Bank debt 2026: € 459,512 ▼ 14% vs 2025 (€ 534,370) Favourable step	▼ 14%
Balance sheet total	€ 862,518 Balance sheet total 2023: € 862,518 First fiscal year in the series	€ 789,973 Balance sheet total 2024: € 789,973 ▼ 8% vs 2023 (€ 862,518) Unchanged	€ 752,171 Balance sheet total 2025: € 752,171 ▼ 5% vs 2024 (€ 789,973) Unchanged	€ 527,277 Balance sheet total 2026: € 527,277 ▼ 30% vs 2025 (€ 752,171) Unchanged	▼ 30%
Employees (FTE)	2.9 Employees (FTE) 2023: 2.9 First fiscal year in the series	0.7 Employees (FTE) 2024: 0.7 ▼ 2.2 vs 2023 (2.9) Unchanged	1.2 Employees (FTE) 2025: 1.2 ▲ 0.5 vs 2024 (0.7) Unchanged	-

Key figures of SPIRITS BY DESIGN, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to SPIRITS BY DESIGN?

What happened at SPIRITS BY DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 24, 2026 New annual accounts for financial year 2026: loss of € 99,297. Source: NBB ↗
Feb 20, 2015 New establishment in Avelgem. KBO
Feb 20, 2015 Start of the company according to the CBE. KBO

In short

From € 8,422 profit in 2023 to € 99,297 loss in 2026.

Paid € 8,744 in corporate taxes since 2023.

Best year ever: 2024, with € 9,508 profit.

On average € 54,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Tim Veys

SPIRITS BY DESIGN

Behind SPIRITS BY DESIGN is Tim Veys.

Directors

According to the 2026 annual accounts

Tim Veys

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Doorniksesteenweg 402

8583 Avelgem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS spiritsbydesign.com

Canonical: https://www.spiritsbydesign.com/

Technologies

Contact Form 7Font AwesomeGoogle FontsNginxPHPSlickWPBakeryWooCommerceWordPressYoast SEOjQuerylazysizesreCAPTCHA

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

spiritsbydesign.com

Registered

2015-01-02

Registrar

Key-Systems GmbH

Expires

2027-01-02

Website info

HTTPS Ja

Languages NL

Features

Webshop

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0598.836.032

VAT number

BE 0598.836.032

Registered office

Doorniksesteenweg 402, 8583 Avelgem

Names & denominations

SPIRITS BY DESIGN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 February 2015

Peppol

Active · Active since 24 May 2026

Contact

spiritsbydesign.com

Activities · NACE

Vervaardiging van gedistilleerde dranken door distilleren, rectificeren en mengen

Groothandel in dranken, algemeen assortiment

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

SPIRITS BY DESIGN

Warning lights

Financials

What happened to SPIRITS BY DESIGN?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions