Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Waterfields Brewery from Ledegem, company number BE0742524607, closed financial year 2025 with a result of € -117,337 after tax. For that financial year Waterfields Brewery recorded a gross margin of € -29,875 and equity of € -61,832. Compared with financial year 2024, the result moved from € -149,786 to € -117,337. 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 March 31, 2026.
€ -61,832
▼ € 115,044 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -117,337
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
€ 40,462
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -616,125.
People and assets in 2025
€ 46
▼ 91% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,080
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 248,018
▲ 9% vs 2024
€ 68,842 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 249,528
▲ € 199,156 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -82,022 | € -47,352 | € -120,501 | € -29,875 | ▲ € 90,627 |
| Profit after taxes | € -152,959 | € -112,453 | € -149,786 | € -117,337 | ▲ € 32,449 |
| Equity | € -36,548 | € -149,001 | € 53,212 | € -61,832 | ▼ € 115,044 |
| Total debts | € 409,275 | € 407,199 | € 302,911 | € 566,729 | ▲ 87% |
| Cash | € 15,672 | € 4,229 | € 39,453 | € 40,462 | ▲ 3% |
| Land & buildings | € 14,114 | € 12,300 | € 10,788 | € 0 | ▼ 100% |
| Retained profit | € -236,548 | € -349,001 | € -498,788 | € -616,125 | ▼ € 117,337 |
| Bank debt | € 325,169 | € 272,151 | € 227,868 | € 248,018 | ▲ 9% |
| Balance sheet total | € 372,727 | € 258,198 | € 356,123 | € 504,897 | ▲ 42% |
Key figures of Waterfields Brewery, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to Waterfields Brewery?
What happened at Waterfields Brewery in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 117,337. filed late Source: NBB ↗
- Stella BV became a director. NBB
- Brouwerij Zeevonk BV became a director. NBB
- D.C. Beheer NV became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 152,959 loss in 2022 to € 117,337 loss in 2025.
Management
The stake of Ouroboros Invest, WIMEL, STELVANK, Het Vroonhof, Trapegeer comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Waterfields BreweryBehind Waterfields Brewery are D.C. Beheer NV, Stella BV and Brouwerij Zeevonk BV. The shares are held by Ouroboros Invest (26.7%), WIMEL (17.1%), STELVANK (17.1%), Het Vroonhof and Trapegeer.
Directors
According to the 2025 annual accounts
Director · represented by Guy De Clercq
Also active at: Craeyenhof, Immo-Peeters, Immo de Vreeze, Ouroboros Invest, IMMANS, Tamise D.C., ARTORIA, Allowin +31 more
since 2024
Director · represented by Peter Caset
Also active at: GHENT DREDGING, V.B.I., Theo Coertjens International, ANNA PAULOWNA, Robur Capital, STACHEL, Steenoven Development Fund, Oengerengoeste +16 more
since 2025
Managing director · represented by Tom Ameloot
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groenedreef 1 box 1
8880 Ledegem
Brugsesteenweg 45
8433 Middelkerke
Active since 27 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Stella same network
€ 397,976 gross margin · 2025
V.B.I. same network
€ -7,609 gross margin · 2025
Robur Capital same network
€ 505,778 revenue · 2025
STACHEL same network
€ 1.7 million revenue · 2025
WICKERMANN
€ 469,230 gross margin · 2025
+3 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
- 0742.524.607
- VAT number
- BE 0742.524.607
- Registered office
- Groenedreef 1 bus 1, 8880 Ledegem
- Names & denominations
- Waterfields Brewery
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2020
- Peppol
- Active · Active since 28 May 2025
- Activities · NACE
Vervaardiging van bier
Groothandel in dranken, algemeen assortiment
Detailhandel in dranken, algemeen assortiment