Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Make Your Own Spirit from Gent, company number BE0663871463, closed financial year 2025 with a result of € 63,464 after tax. For that financial year Make Your Own Spirit recorded a gross margin of € 399,435 and equity of € 20,461. Compared with financial year 2024, the result moved from € 110,337 to € 63,464. The company is profitable. The buffer shrank hard: equity is 92 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 22, 2026.
€ 20,461
▼ 92% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,464
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 107,929
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 312,364 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.6
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 50,913
▲ 131% vs 2024
€ 31,800 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.
€ 1,769
▼ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,311
▼ 31% vs 2024
€ 23,099 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 88,478
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,536
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 300,981 | € 236,679 | € 333,740 | € 399,435 | ▲ 20% |
| Profit after taxes | € 84,556 | € 30,705 | € 110,337 | € 63,464 | ▼ 42% |
| Equity | € 289,425 | € 253,141 | € 269,361 | € 20,461 | ▼ 92% |
| Total debts | € 319,227 | € 370,393 | € 405,996 | € 535,786 | ▲ 32% |
| Cash | € 75,027 | € 160,924 | € 193,584 | € 107,929 | ▼ 44% |
| Retained profit | € 274,425 | € 234,541 | € 250,761 | € 1,861 | ▼ 99% |
| Dividend | € 117,647 | € 70,588 | € 94,118 | € 312,364 | ▲ 232% |
| Bank debt | € 41,567 | € 118,560 | € 87,723 | € 60,311 | ▼ 31% |
| Balance sheet total | € 608,651 | € 623,535 | € 675,357 | € 556,247 | ▼ 18% |
| Employees (FTE) | 2.6 | 0.3 | 0.6 | 1.6 | ▲ 1 |
Key figures of Make Your Own Spirit, 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 April 2027.
What happened to Make Your Own Spirit?
What happened at Make Your Own Spirit in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,464 (▼ 42% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Michel Cobbaert became a director. NBB
- Wout Steenacker became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 84,556 profit in 2022 to € 63,464 profit in 2025.
Paid € 66,894 in corporate taxes since 2022.
Best year ever: 2024, with € 110,337 profit.
On average € 249,600 of value added per employee in 2025.
Management
Behind Make Your Own Spirit are Michel Cobbaert and Wout Steenacker. Michel Cobbaert is also behind Cobby's, COBBACO and XERXES.
Establishments
Establishment units
Physical locations of this company
Industriepark-Drongen 13
9031 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
makeyour.com
Registered
1999-01-05
Registrar
GoDaddy.com, LLC
Expires
2027-01-05
Website info
Features
Security
Network
Details
- Company number
- 0663.871.463
- VAT number
- BE 0663.871.463
- Registered office
- Industriepark-Drongen 13, 9031 Gent
- Names & denominations
- Make Your Own Spirit
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2016
- Peppol
- Active · Active since 24 Jun 2025
- Contact
- makeyour.com
- Activities · NACE
Groothandel in dranken, algemeen assortiment
Detailhandel in wijnen en geestrijke dranken