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 1 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 2 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5.3 to 3.1.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
The Owl Distillery from Liège, company number BE0867330745, closed financial year 2025 with a result of € -2.4 million after tax. For that financial year The Owl Distillery recorded a gross margin of € -74,443 and equity of € -307,691. Compared with financial year 2024, the result moved from € -232,782 to € -2.4 million. 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 December 31, 2025.
€ -307,691
▼ € 2.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.4 million
▼ 950 % more loss than in 2024
Profit after tax over the fiscal year.
€ 71,190
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.9 million.
People and assets in 2025
3.1
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 157,267
▼ 29% vs 2024
€ 50,700 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.
€ 674
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.4 million
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 935,294
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,879
▼ 81% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,099,083 | € 418,751 | € 497,576 | € -74,443 | ▼ € 572,019 |
| Profit after taxes | € -2,040,540 | € -400,193 | € -232,782 | € -2,444,266 | ▼ € 2.2 million |
| Equity | € 2,815,044 | € 2,392,104 | € 2,136,575 | € -307,691 | ▼ € 2.4 million |
| Total debts | € 11,055,872 | € 13,845,037 | € 15,724,671 | € 14,822,861 | ▼ 6% |
| Cash | - | € 12,297 | € 54,984 | € 71,190 | ▲ 29% |
| Retained profit | € -3,788,465 | € -4,188,658 | € -4,421,440 | € -6,865,706 | ▼ € 2.4 million |
| Bank debt | € 7,247,211 | € 4,691,194 | € 4,445,442 | € 4,422,917 | ▼ 1% |
| Balance sheet total | € 13,870,916 | € 16,237,141 | € 17,861,246 | € 14,515,170 | ▼ 19% |
| Employees (FTE) | 3.4 | 5.3 | 4.8 | 3.1 | ▼ 1.7 |
Key figures of The Owl Distillery, 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 October 2026.
What happened to The Owl Distillery?
What happened at The Owl Distillery in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
The Owl Distillery is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 2.4 million. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Fexhe-le-Haut-Clocher. KBO
In short
From € 2 million loss in 2022 to € 2.4 million loss in 2025.
Paid € 2,917 in corporate taxes since 2022.
On average € 103,700 of value added per employee in 2024.
Management
The stake of DEXOWL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The Owl DistilleryBehind The Owl Distillery is DEXOWL SA. The shares are held by DEXOWL (100%).
Establishments
Establishment units
Physical locations of this company
Rue des Ecoliers 3
4020 Liège
Hameau de Goreux 7
4347 Fexhe-le-Haut-Clocher
Active since 9 September 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →INTERCOMMUNALE DES ABATTOIRS PUBLICS DES ARRONDISSEMENTS DE LIEGE ET DE WAREMME
€ -62,956 gross margin · 2024
LIEGE EXPO
€ 0 revenue · 2025
FACI
€ -684 gross margin · 2025
ECEA Invest s.a.
€ -197 gross margin · 2025
R.S.W. LIEGE BASKET
€ 1.3 million gross margin · 2023
+7 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
- 0867.330.745
- VAT number
- BE 0867.330.745
- Registered office
- Rue des Ecoliers 3, 4020 Liège
- Names & denominations
- The Owl Distillery
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 20 September 2004
- Peppol
- Active · Active since 23 Feb 2026
- Activities · NACE
Vervaardiging van gedistilleerde dranken door distilleren, rectificeren en mengen
Vervaardiging van gedistilleerde alcoholische dranken
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Overige recreatie- en ontspanningsactiviteiten, neg
Organisatie van congressen en beurzen
Eetgelegenheden met beperkte bediening