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.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BROUWERIJ THE MUSKETEERS from Sint-Gillis-Waas, company number BE0862949612, closed financial year 2025 with a result of € -543,151 after tax. For that financial year BROUWERIJ THE MUSKETEERS recorded a gross margin of € 1.2 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € -106,521 to € -543,151. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 1.3 million
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -543,151
▼ 410 % more loss than in 2024
Profit after tax over the fiscal year.
€ 75,615
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
17.5
▲ 6.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 825,594
▲ 17% vs 2024
€ 47,200 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.
€ 27,636
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.4 million
▼ 5% vs 2024
€ 348,730 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 503,278
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 159,937
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,394,196 | € 1,429,411 | € 1,452,149 | € 1,150,583 | ▼ 21% |
| Profit after taxes | € 71,325 | € 4,263 | € -106,521 | € -543,151 | ▼ € 436,630 |
| Equity | € 1,187,928 | € 1,175,938 | € 1,817,085 | € 1,258,420 | ▼ 31% |
| Total debts | € 7,951,709 | € 7,581,395 | € 6,800,763 | € 6,999,846 | ▲ 3% |
| Cash | € 39,244 | € 109,372 | € 151,041 | € 75,615 | ▼ 50% |
| Land & buildings | € 5,130,218 | € 5,096,011 | € 4,900,567 | € 4,725,855 | ▼ 4% |
| Retained profit | € -866,579 | € -862,316 | € -968,836 | € -1,511,248 | ▼ € 542,412 |
| Bank debt | € 6,891,136 | € 6,473,399 | € 5,715,877 | € 5,413,280 | ▼ 5% |
| Balance sheet total | € 9,139,636 | € 8,757,333 | € 8,617,848 | € 8,258,267 | ▼ 4% |
| Employees (FTE) | 10.6 | 10.4 | 11 | 17.5 | ▲ 6.5 |
Key figures of BROUWERIJ THE MUSKETEERS, 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 BROUWERIJ THE MUSKETEERS?
What happened at BROUWERIJ THE MUSKETEERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 543,151. Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,325 profit in 2022 to € 543,151 loss in 2025.
Paid € 3,062 in corporate taxes since 2022.
Best year ever: 2022, with € 71,325 profit.
On average € 65,700 of value added per employee in 2025.
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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 ProjectS, ALIOMODO, DEL INVEST, Fontibus, VDL FINANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BROUWERIJ THE MUSKETEERSBehind BROUWERIJ THE MUSKETEERS are Kristof De Roo, Stefaan Soetemans and Valentijn De Lille. The shares are held by ProjectS (20.7%), ALIOMODO (20.7%), DEL INVEST (16%), Fontibus (10%) and VDL FINANCE. It owns 100% of Brouwerijcafé BTM itself.
Directors
According to the 2025 annual accounts
Valentijn De Lille
Director
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Reepstraat(SGW) 208
9170 Sint-Gillis-Waas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
Barracuda
Hosting
AS-ZXCS, NL
Website info
Features
Security
Network
Details
- Company number
- 0862.949.612
- VAT number
- BE 0862.949.612
- Registered office
- Reepstraat(SGW) 208, 9170 Sint-Gillis-Waas
- Names & denominations
- BROUWERIJ THE MUSKETEERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 2004
- Peppol
- Active · Active since 4 Aug 2026
- Activities · NACE
Vervaardiging van bier
Groothandel in dranken, algemeen assortiment
Groothandel in dranken
Vervaardiging van andere niet-gedistilleerde gegiste dranken
Vervaardiging van frisdranken en water in flessen
Catering van evenementen
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Uitzendkoks en verzorgen van feesten en recepties
+3