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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOCIETE ARDENNAISE D'EMBOUTEILLAGE from Houffalize, company number BE0685932035, closed financial year 2025 with a result of € 489,390 after tax. For that financial year SOCIETE ARDENNAISE D'EMBOUTEILLAGE recorded revenue of € 10.5 million and equity of € 9.3 million. Compared with financial year 2024, the result moved from € 272,839 to € 489,390. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 9.3 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 489,390
▲ 79% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 9.2 million.
People and assets in 2025
46.7
▲ 4.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▲ 22% vs 2024
€ 74,600 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.
€ 30,995
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,325
▼ 25% vs 2024
€ 6,210 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 629,352
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 603,011
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,264,548 | € 9,627,113 | € 10,391,354 | € 10,547,505 | ▲ 2% |
| Profit after taxes | € 620,011 | € 356,932 | € 272,839 | € 489,390 | ▲ 79% |
| Equity | € 8,161,789 | € 8,518,721 | € 8,791,560 | € 9,280,950 | ▲ 6% |
| Total debts | € 7,037,274 | € 15,000,679 | € 13,746,933 | € 11,695,999 | ▼ 15% |
| Land & buildings | € 1,973,341 | € 8,618,711 | € 8,069,496 | € 7,468,040 | ▼ 7% |
| Retained profit | € 8,090,773 | € 8,447,705 | € 8,720,544 | € 9,209,935 | ▲ 6% |
| Bank debt | € 0 | € 0 | € 27,100 | € 20,325 | ▼ 25% |
| Balance sheet total | € 15,267,015 | € 23,548,016 | € 22,545,823 | € 20,981,919 | ▼ 7% |
| Employees (FTE) | 33.9 | 40 | 42 | 46.7 | ▲ 4.7 |
Key figures of SOCIETE ARDENNAISE D'EMBOUTEILLAGE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SOCIETE ARDENNAISE D'EMBOUTEILLAGE?
What happened at SOCIETE ARDENNAISE D'EMBOUTEILLAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lema SRL stepped down as director. NBB
- LP Invest SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 489,390 (▲ 79% vs 2024). Source: NBB ↗
- Lema SRL became a director. NBB
- LP Invest SRL became a director. NBB
- New establishment in Houffalize. KBO
- Start of the company according to the CBE. KBO
In short
From € 620,011 profit in 2022 to € 489,390 profit in 2025.
Paid € 675,005 in corporate taxes since 2022.
Best year ever: 2022, with € 620,011 profit.
Pays suppliers within 54 days on average.
A new publication or filing at SOCIETE ARDENNAISE D'EMBOUTEILLAGE? We notify you, reason included.
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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
The stake of DUVEL MOORTGAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOCIETE ARDENNAISE D'EMBOUTEILLAGEThe shares are held by DUVEL MOORTGAT (99.9%).
Directors
According to the 2025 annual accounts
Managing director · represented by Michel Moortgat
Also active at: DUVEL MOORTGAT, LOTUS BAKERIES, Brouwerij De Valk, Gildenhuis Wilrijk, ANTWERP CITY BREWERY, Brouwerij De Koninck, La Vallée des Fées, Moortgat Financial Services +6 more
since 2024 · until 2030
Director · represented by Philippe Moortgat
Also active at: DUVEL MOORTGAT, ANTWERP CITY BREWERY, La Vallée des Fées, Moortgat Financial Services, 83 rue des Combattants, BELLEROSE BELGIUM, PARALLEL, Moortgat Consumer Services +2 more
since 2024 · until 2030
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Achouffe 32
6666 Houffalize
Fontenaille 6 box A
6661 Houffalize
Active since 31 December 2017
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
- 0685.932.035
- VAT number
- BE 0685.932.035
- Registered office
- Achouffe 32, 6666 Houffalize
- Names & denominations
- SOCIETE ARDENNAISE D'EMBOUTEILLAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2017
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van verpakkingsbedrijven
Groothandel in dranken, algemeen assortiment
Groothandel in wijnen en geestrijke dranken