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 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Little Cheese Farm from Aalter, company number BE0738450409, closed financial year 2025 with a result of € -28,997 after tax. For that financial year Little Cheese Farm recorded a gross margin of € 804,407 and equity of € 81,996. Compared with financial year 2024, the result moved from € -611,221 to € -28,997. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 81,996
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,997
▲ 95 % less loss than in 2024
Profit after tax over the fiscal year.
€ 93,731
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
8.9
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 528,550
▼ 5% vs 2024
€ 59,400 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.
€ 41,612
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 15% vs 2024
€ 291,283 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 450,342
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 79,254
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,192 | € 178,330 | € 291,485 | € 804,407 | ▲ 176% |
| Profit after taxes | € -305,737 | € -361,683 | € -611,221 | € -28,997 | ▲ € 582,224 |
| Equity | € -196,103 | € -157,786 | € 110,993 | € 81,996 | ▼ 26% |
| Total debts | € 2,396,000 | € 2,711,352 | € 2,447,117 | € 2,171,111 | ▼ 11% |
| Cash | € 386 | € 96,006 | € 301,777 | € 93,731 | ▼ 69% |
| Land & buildings | € 166,801 | € 158,021 | - | - | |
| Retained profit | € -876,403 | € -1,238,086 | € -1,849,307 | € -1,878,304 | ▼ € 28,997 |
| Bank debt | € 1,616,327 | € 1,982,942 | € 1,903,655 | € 1,621,177 | ▼ 15% |
| Balance sheet total | € 2,199,898 | € 2,553,566 | € 2,558,111 | € 2,253,107 | ▼ 12% |
| Employees (FTE) | - | - | 9.1 | 8.9 | ▼ 0.2 |
Key figures of Little Cheese Farm, 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 Little Cheese Farm?
What happened at Little Cheese Farm in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,997. Source: NBB ↗
- Braleco Holding BV stepped down as director. NBB
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 305,737 loss in 2022 to € 28,997 loss in 2025.
Paid € 380 in corporate taxes since 2022.
On average € 90,400 of value added per employee in 2025.
Management
The stake of CLOET LIVESTOCK, BRALECO HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Little Cheese FarmBehind Little Cheese Farm are EYE2CATCH BV, Cloet Livestock BV, Jan De Veene, Victor Lammens and Alujo BV. The shares are held by CLOET LIVESTOCK (16.7%) and BRALECO HOLDING (15%).
Directors
According to the 2025 annual accounts
Director · represented by Pieter Cloet
Jan De Veene
Director
Also active at: b-inside, Bedrijfs - Informatica Management en Advies, MAPA, JADE INFORMATICS, BI GROUP, MindMerge
Victor Lammens
Director
Director · represented by Michiel Baetens
· until 2025
Shareholders
16.7%
15%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Malsemstraat 20
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0738.450.409
- VAT number
- BE 0738.450.409
- Registered office
- Malsemstraat 20, 9880 Aalter
- Names & denominations
- Little Cheese Farm
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2019
- Peppol
- Active · Active since 28 Oct 2025
- Contact
- littlecheesefarm.be
- Activities · NACE
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