Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
UNITED HASSELT DISTILLERS from Hasselt, company number BE0698692879, closed financial year 2025 with a result of € -52,924 after tax. For that financial year UNITED HASSELT DISTILLERS recorded a gross margin of € 39,287 and equity of € -6,782. Compared with financial year 2024, the result moved from € 3,263 to € -52,924. 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 May 28, 2026.
€ -6,782
▼ € 52,924 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -52,924
▼ still € 3,263 profit in 2024
Profit after tax over the fiscal year.
€ 3,337
▲ 144% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -365,682.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 388
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 89,952
▼ 41% vs 2024
€ 78,873 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 66,522
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,086 | € 69,674 | € 90,032 | € 39,287 | ▼ 56% |
| Profit after taxes | € -59,517 | € -12,236 | € 3,263 | € -52,924 | ▼ € 56,186 |
| Equity | € -203,786 | € 42,879 | € 46,141 | € -6,782 | ▼ € 52,924 |
| Total debts | € 592,897 | € 335,431 | € 251,215 | € 167,602 | ▼ 33% |
| Cash | € 32,112 | € 54,880 | € 1,368 | € 3,337 | ▲ 144% |
| Retained profit | € -303,786 | € -316,021 | € -312,759 | € -365,682 | ▼ € 52,924 |
| Bank debt | € 412,513 | € 237,728 | € 152,233 | € 89,952 | ▼ 41% |
| Balance sheet total | € 389,111 | € 378,309 | € 297,356 | € 160,820 | ▼ 46% |
Key figures of UNITED HASSELT DISTILLERS, 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 UNITED HASSELT DISTILLERS?
What happened at UNITED HASSELT DISTILLERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 52,924 (▼ € 56,186 vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
- CEES DE RADE became a director. NBB
- JACOB KROMBEEN became a director. NBB
- MICHEL FRYNS became a director. NBB
- LIEVEN STEVENS became a director. NBB
In short
From € 59,517 loss in 2022 to € 52,924 loss in 2025.
Best year ever: 2024, with € 3,263 profit.
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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 La Martiniquaise Benelux, FRYNS DISTILLERY HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UNITED HASSELT DISTILLERSBehind UNITED HASSELT DISTILLERS are CEES DE RADE, JACOB KROMBEEN, MICHEL FRYNS and LIEVEN STEVENS. The shares are held by La Martiniquaise Benelux (50%) and FRYNS DISTILLERY HOLDING (50%).
Directors
According to the 2025 annual accounts
CEES DE RADE
Director
since 2018
JACOB KROMBEEN
Director
since 2018
since 2018
LIEVEN STEVENS
Director
since 2018
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ekkelgaarden 6 box A5
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Voedselbank Limburg - Depot Margo
SINT-VINCENTIUS A PAULOVERENIGING PROVINCIALE RAAD VAN LIMBURG
D&L LOGISTICS
€ 274,961 gross margin · 2025
Vereniging van Mede-eigenaars "Businesspark Ekkelgaarden" te 3500 Hasselt, Ekkelgaarden
FRYNS DISTILLERY HOLDING same network
€ -7,007 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0698.692.879
- VAT number
- BE 0698.692.879
- Registered office
- Ekkelgaarden 6 bus A5, 3500 Hasselt
- Names & denominations
- UNITED HASSELT DISTILLERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2018
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Vervaardiging van wijn uit druiven
Organisatie van congressen en beurzen
Groothandel in dranken, algemeen assortiment
Detailhandel in dranken, algemeen assortiment
Overige vormen van onderwijs
Overige zakelijke dienstverlening, neg