Equity
-€8,071
Debts exceed assets in financial year 2025.
BREWSTER
Lifetime
2 annual accounts with figures on one time axispeak €174,048 (2025)
€174,048▲ 354%
lowest -€29,194 (2024)
-€24,693▲ €4,501
peak €16,622 (2024)
-€8,071▼ €24,693
€498,944▲ 66.7%
Board1 name since 2024
1 directorVANNESTE DRIES
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €38,361 to €174,048Loss of €24,693Equity from €16,622 to -€8,071Debts from €299,387 to €498,944Cash from €7,267 to €18,753
Key points
from the 2025 annual accountsLosses
-€53,887 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€498,944 102% of the balance sheet
Suppliers 54%Taxes and wages 3%Other 43%
Of this, €486,836 falls due within a year.
Staff
3 employees on 31-12-2025
In 2025, 8 people joined and 8 left.
Restructuring
2024
Branch taken over from FUNCTION. Takeover on 07-05-2024.
Position in the sector
-€24,693
Lower net result than 90% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
2025 accounts filed 61 days after the deadline
Checked score
34
Weak
Financially stronger than 16% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 4.5%lowest value
06-2025: 4.5%● unchanged vs 05-2025lowest value
07-2025: 4.7%▲ +0.2 percentage points vs 06-2025
08-2025: 5.0%▲ +0.3 percentage points vs 07-2025
09-2025: 5.2%▲ +0.2 percentage points vs 08-2025
10-2025: 5.6%▲ +0.4 percentage points vs 09-2025
11-2025: 6.8%▲ +1.2 percentage points vs 10-2025
12-2025: 7.0%▲ +0.2 percentage points vs 11-2025
01-2026: 6.9%▼ -0.1 percentage points vs 12-2025
02-2026: 6.8%▼ -0.1 percentage points vs 01-2026
03-2026: 6.7%▼ -0.1 percentage points vs 02-2026
04-2026: 7.0%▲ +0.3 percentage points vs 03-2026
05-2026: 6.8%▼ -0.2 percentage points vs 04-2026
06-2026: 6.7%▼ -0.1 percentage points vs 05-2026
07-2026: 6.8%▲ +0.1 percentage points vs 06-2026
08-2026: 7.6%▲ +0.8 percentage points vs 07-2026
09-2026: 7.8%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 5.6%▼ -2.2 percentage points vs 09-2026
11-2026: 5.7%▲ +0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 61 days late; 2 of the last 3 accounts late
Founded in 2024
lowers risk
Size: total assets €490,873
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 25% of them on solvency, 6% on liquidity, 28% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as BREWSTER has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BREWSTER itself: 5.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,555 companies, not a prediction for BREWSTER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.54 (0.25 in 2024), below 1. Short-term debt is 99.2% and cash 3.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€8,071
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
61 days late
2024
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 65 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1008799109
New establishment in Molenbeek-Saint-Jean
Leo, Osseghemstraat 53
Incorporation
Demerger: FUNCTION splits off to BREWSTER · published on 07-05-2024 · Gazette deed
2 establishments registered
Anderlecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BREWSTER Merelbeke-Melle | €490,873 | €174,048 | -1.6% | - |
| TROMPO Antwerp | €450,964 | €187,690 | -28.0% | 6 |
| La Caféière Liège | €484,324 | €146,212 | 11.9% | - |
| DSV Grâce-Hollogne | €445,268 | €160,799 | -5.0% | - |
| T&Z Vorselaar | €424,711 | €198,839 | 32.0% | - |
| BITES 'n MORE Merelbeke-Melle | €483,141 | €235,752 | 7.1% | - |
| NOVISE Buggenhout | €394,571 | €213,574 | 47.2% | - |
These companies have the same main activity as BREWSTER: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €395,000 and €484,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 25-04-2024Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 5 others
- Establishment units
- 2.359.491.1481070 Anderlecht, since 25-04-2024
- 2.359.491.2471070 Anderlecht, since 25-04-2024and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- ≈ €540,000estimated
- €490,873▲ 55.3%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 30-09-2026
Insights on BREWSTER
The computed 12-month bankruptcy probability of BREWSTER is 5.7% (elevated). The 2025 annual accounts show negative equity (-€8,071) and a net result of -€24,693.
Its solvency ranks better than 25% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BREWSTER
- What is the company number of BREWSTER?
- The company number of BREWSTER is 1008.799.109. The VAT number is the same number with BE in front: BE 1008.799.109.
- Where is BREWSTER based?
- The registered office is at Lindestraat 104, 9090 Merelbeke-Melle.Company details
- What does BREWSTER do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of BREWSTER?
- BREWSTER is a private limited company (BV).
- When was BREWSTER founded?
- BREWSTER was founded on 25-04-2024.
- Is BREWSTER still active?
- Yes, BREWSTER is an active enterprise in the KBO register.
- How many employees does BREWSTER have?
- BREWSTER had an average of 3.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BREWSTER?
- The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €174,048 and 79 comparable companies (NACE 56112). It probably lies between €400,000 and €670,000.
- Is BREWSTER profitable?
- In financial year 2025, BREWSTER made a loss of €24,693.
- Where can I find the annual accounts of BREWSTER?
- BREWSTER filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BREWSTER due?
- BREWSTER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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