BREWERY EQUIPMENT
ActiveSummary
BREWERY EQUIPMENT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-222k) and a net result of €74k. Equity is shrinking by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▲+54
Solvency11▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.56 against 0.54 in 2023; short-term debt: 114% and cash: 2.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-14%
Return on assets
4.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8093 sector peers (2024).
NBB · sector comparisonPosition among 8093 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
30 d early
2022
34 d early
2021
45 d early
2019
11 d early
2018
47 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-222k▲ 24.9%
2023 · €-296k
2018: €206k
2019: €212k
2021: €20k
2022: €125k
2023: €-296k
2018 → 2024
Total assets
€1.58M▲ 1.9%
2023 · €1.55M
2018: €2.32M
2019: €2.50M
2021: €2.08M
2022: €2.13M
2023: €1.55M
2018 → 2024
Net result
€74k
2023 · €-421k
2018: €8k
2019: €6k
2021: €-29k
2022: €105k
2023: €-421k
2018 → 2024
Working capital
€-795k▲ 5.9%
2023 · €-844k
2018: €-227k
2019: €-269k
2021: €-175k
2022: €-71k
2023: €-844k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€212k-€20k▼ 90.4%€125k▲ 514%€-296k€-222k▲ 24.9%
Operating result€30k-€-7k€-6k▲ 15.3%€-396k▼ 6,383%€112k
Net result€6k-€-29k€105k€-421k€74k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €112k after a loss of €396k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.58M
Fixed assets
€573k ▲ 4.4%
Current assets
€1.01M ▲ 0.5%
Key figures and ratios
EBITDA
€163k▲
2023 · €-348k
Cash flow
€124k▲
2023 · €-374k
Solvency
-14.0%▲
2023 · -19.0%
Current ratio
0.56▲
2023 · 0.54
Debt to equity
-8.12▼
2023 · -6.25
ROA
4.7%▲
2023 · -27.1%
Interest coverage
3.49▲
2023 · -7.04
Debt
€1.81M▼
2023 · €1.85M
Debt ≤ 1 year
€1.81M▼
2023 · €1.85M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.55M€1.58M▲
Fixed assets21/28€548k€573k▲
Tangible fixed assets22/27€148k€173k▲
Plant, machinery and equipment23€148k€173k▲
Financial fixed assets28€400k€400k=
Current assets29/58€1.01M€1.01M▲
Amounts receivable after more than one year29€966k€945k▼
Other amounts receivable291€966k€945k▼
Amounts receivable within one year40/41€2k€29k▲
Trade receivables40€0€29k▲
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€36k€34k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.58M▲
Equity10/15€-296k€-222k▲
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Other1109/19€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€0-
Profit (loss) carried forward14€-364k€-291k▲
Amounts payable17/49€1.85M€1.81M▼
Amounts payable within one year42/48€1.85M€1.81M▼
Current portion of amounts payable after more than one year42€1.85M€1.80M▼
Financial debts43€63€0▼
Credit institutions430/8€63€0▼
Trade debts44€787€756▼
Suppliers440/4€787€756▼
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€51k▲
Other operating charges640/8€115€126▲
Non-recurring operating charges66A€388k€0▼
Gross operating margin9900€40k€163k▲
Operating profit (loss)9901€-396k€112k▲
Financial income75/76B€24k€8k▼
Recurring financial income75€24k€8k▼
Non-recurring financial income76B€0-
Financial charges65/66B€49k€47k▼
Recurring financial charges65€49k€47k▼
Profit (loss) for the period before taxes9903€-421k€74k▲
Profit (loss) for the period9904€-421k€74k▲
Profit (loss) for the period to be appropriated9905€-421k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-421k€-291k▲
Profit (loss) brought forward from the previous period14P€0€-364k▼
Transfer from equity791/2€57k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-421k ▼501%
Net result drops to €-421k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €105k
Net result €105k after one loss-making year.
31-12
Financial
Equity above €100kEq €125k ▲514%
Equity rises from €20k to €125k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
20-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jorisstraat(Kok) 28670 KoksijdeGround area
351 m²
Building footprint
297 m²
Volume, LiDAR
1,843 m³
Parcel 38342G1136/00A000, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BREWERY EQUIPMENT
since 19992.182.772.390
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38342G1136/00A000 | Flanders | 351 m² | 1 · 297 m² | 10.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
8755002U3AT1FKZZ6U06
Similar companies · same sector, comparable size
REZA
BE 0760.588.183
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YOLIMATT
BE 0836.243.136
Pelt · Eq €125,394
NTVC
BE 0568.640.229
Trooz · Eq €125,449
NSE CONSULT
BE 1008.972.026
Sint-Jans-Molenbeek · Eq €125,391
"ALEPHAR"
BE 0794.848.484
Mons · Eq €125,453
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
25110Manufacture of metal structures and parts of structures
25510Coating of metals
25530Machining of metals
46841Wholesale trade
47525Retail trade
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.