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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
The Brewing Brothers from Aalst, company number BE0801321255, closed financial year 2025 with a result of € -4,876 after tax. For that financial year The Brewing Brothers recorded a gross margin of € 51,889 and equity of € 14,136. Compared with financial year 2024, the result moved from € 10,011 to € -4,876. 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 June 15, 2026.
€ 14,136
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,876
▼ still € 10,011 profit in 2024
Profit after tax over the fiscal year.
€ 24,660
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5,136.
People and assets in 2025
€ 11,815
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 166,929
▼ 8% vs 2024
€ 140,656 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 9,188
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,805
▲ 132% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 243,232 | - | |
| Gross margin | € 92,070 | € 51,889 | ▼ 44% |
| Profit after taxes | € 10,011 | € -4,876 | ▼ € 14,887 |
| Equity | € 19,011 | € 14,136 | ▼ 26% |
| Total debts | € 256,978 | € 252,446 | ▼ 2% |
| Cash | € 27,851 | € 24,660 | ▼ 11% |
| Retained profit | € 10,011 | € 5,136 | ▼ 49% |
| Bank debt | € 181,902 | € 166,929 | ▼ 8% |
| Balance sheet total | € 275,990 | € 266,582 | ▼ 3% |
Key figures of The Brewing Brothers, fiscal years 2024 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 The Brewing Brothers?
What happened at The Brewing Brothers in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,876 (▼ € 14,887 vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,011 profit in 2024 to € 4,876 loss in 2025.
Paid € 3,359 in corporate taxes since 2024.
Best year ever: 2024, with € 10,011 profit.
A new publication or filing at The Brewing Brothers? 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 Moortgat Management, MOLENWATER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The Brewing BrothersBehind The Brewing Brothers are Moortgat Management BV, Maes Kristof CommV and Molenwater BV. The shares are held by Moortgat Management (33.3%) and MOLENWATER (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Benny Moortgat
Also active at: C-STORE MANAGEMENT, ConReAtelier, BUITENBENEN
Director · represented by Kristof Maes
Shareholders
33.3%
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baardegem-Dorp 17
9310 Aalst
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.
Details
- Company number
- 0801.321.255
- VAT number
- BE 0801.321.255
- Registered office
- Baardegem-Dorp 17, 9310 Aalst
- Names & denominations
- The Brewing Brothers
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2023
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Detailhandel in wijnen en geestrijke dranken
Detailhandel in dranken, algemeen assortiment
Activiteiten van reclamebureaus