Brouwerij van Eecke
ActiveBrouwerij van Eecke has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.17M and a net result of €-373k. Equity is growing by ~3.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability0=
Solvency51▼-19
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.13 in 2025), and 68.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 11
Relative position
BE, all sectors
reference
Sector 11
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
31.5%
Return on assets
-10%
Age of the figures
5 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
19212223242526
2019 to 2026 · latest year -€373k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 10-09-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
51 d early
2025
1 d early
2024
50 d late
2023
6 d late
2022
14 d late
2021
26 d late
2020
19 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-373k▼ 3,929%
2025 · €-9k
2019: €81k
2021: €-92k
2022: €267k
2023: €151k
2024: €160k
2025: €-9k
2019 → 2026
Working capital
€153k▼ 30.3%
2025 · €220k
2019: €754k
2021: €1.06M
2022: €1.36M
2023: €992k
2024: €-65k
2025: €220k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€1.42M-€1.49M▲ 4.5%€1.65M▲ 10.8%€1.54M▼ 6.5%€1.17M▼ 24.2%
Operating result€341k-€248k▼ 27.3%€182k▼ 26.4%€23k▼ 87.2%€-353k
Net result€267k-€151k▼ 43.6%€160k▲ 6.6%€-9k€-373k▼ 3,929%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €353k after €23k in 2025, the lowest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €3.71M
Fixed assets
€1.15M▼ 26.6%
Current assets
€2.56M▲ 35.5%
Equity and liabilities €3.71M
Equity
€1.17M▼ 24.2%
Debt
€2.54M▲ 33.0%
The debt ratio rises from 55.3% to 68.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€159k▼
2025 · €519k
Cash flow
€140k▼
2025 · €486k
Solvency
31.5%▼
2025 · 44.7%
Current ratio
1.06▼
2025 · 1.13
Quick ratio
0.89▲
2025 · 0.86
Debt / equity
2.17▲
2025 · 1.24
ROE
-31.9%▼
2025 · -0.6%
ROA
-10.0%▼
2025 · -0.3%
Interest coverage
6.84▼
2025 · 15.96
Debt
€2.54M▲
2025 · €1.91M
Debt ≤ 1 year
€2.41M▲
2025 · €1.67M
Debt > 1 year
€127k▼
2025 · €236k
Income taxes
€593▲
2025 · €0
Staff costs
€555k▲
2025 · €519k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€3.45M€3.71M▲
Fixed assets21/28€1.56M€1.15M▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€1.56M€1.15M▼
Land and buildings22€402k€368k▼
Plant, machinery and equipment23€1.01M€662k▼
Furniture and vehicles24€70k€51k▼
Leasing and similar rights25€74k€65k▼
Financial fixed assets28€174€174=
Current assets29/58€1.89M€2.56M▲
Stocks and contracts in progress3€453k€407k▼
Stocks30/36€453k€407k▼
Amounts receivable within one year40/41€1.34M€2.09M▲
Trade receivables40€980k€1.74M▲
Other amounts receivable41€359k€354k▼
Cash at bank and in hand54/58€95k€44k▼
Deferred charges and accrued income490/1€5k€22k▲
Equity and liabilities
Total equity and liabilities10/49€3.45M€3.71M▲
Equity10/15€1.54M€1.17M▼
Contributions10/11€102k€102k=
Capital10€102k€102k=
Issued capital100€102k€102k=
Reserves13€1.45M€1.07M▼
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€1.43M€1.05M▼
Profit (loss) carried forward14€-9k€0▲
Amounts payable17/49€1.91M€2.54M▲
Amounts payable after more than one year17€236k€127k▼
Financial debts170/4€236k€127k▼
Amounts payable within one year42/48€1.67M€2.41M▲
Current portion of amounts payable after more than one year42€109k€109k=
Trade debts44€690k€1.35M▲
Suppliers440/4€690k€1.35M▲
Taxes, remuneration and social security45€123k€143k▲
Taxes450/3€39k€47k▲
Remuneration and social security454/9€84k€97k▲
Other amounts payable47/48€750k€807k▲
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20252026
Remuneration, social security and pensions62€519k€555k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€495k€512k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€6k▲
Other operating charges640/8€27k€52k▲
Gross operating margin9900€1.07M€771k▼
Operating profit (loss)9901€23k€-353k▼
Financial income75/76B€0€5k▲
Recurring financial income75€0€5k▲
Financial charges65/66B€32k€23k▼
Recurring financial charges65€32k€23k▼
Profit (loss) for the period before taxes9903€-9k€-372k▼
Income taxes67/77€0€593▲
Profit (loss) for the period9904€-9k€-373k▼
Profit (loss) for the period to be appropriated9905€-9k€-373k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-382k▼
Profit (loss) brought forward from the previous period14P-€-9k
Transfer from equity791/2€98k€382k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€98k€0▼
Return on contributions (dividend)694€98k€0▼
Social balance
Average headcount (FTE)90879.28.9▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
08-09
State Gazette act
Merger · CapitalMerger · Capital · Corporate purpose24 facts ▸
State Gazette act
Merger · Capital
Merger · Capital · Corporate purpose24 facts ▸
- Merger, absorption
- Capital, €101.636,35
- Corporate purpose, De vennootschap heeft tot voorwerp het brouwen en verkopen van alle soort bier, het bereiden van alle. soorten gegiste, gegazeerde- en niet gegazeerde dranken,…
- Board composition, bestuurder, 2026-08-31
- Board composition, bestuurder, 2026-08-31
- Board composition, bestuurder, 2026-08-31
- Capital, €61.500
- Corporate purpose, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van deze: - Brouwer…
- Board composition, bestuurder, 2026-08-31
- Board composition, bestuurder, 2026-08-31
- Share issue, 1401, fusion
- Accounting effect, 2026-04-01
- +12 further facts in this act
31-03
Financial
Weakest financial yearnet €-373k
Net result drops to €-373k, the lowest in the series.
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 50 days late
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 14 days late
31-03
Financial
Back to profitnet €267k
Net result €267k after one loss-making year.
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
Philip Leroy
CurrentManaging director · since 01-08-2024
01-08-2024
Appointed as Managing director
Location & real-estate footprint
Registered office, Poperinge · 1 establishment unit since 1962
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.
Douvieweg 28978 PoperingeGround area
2,243 m²
Building footprint
370 m²
Volume, LiDAR
2,037 m³
Parcel 33028B0050/00M000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Douvieweg 2, 8978 Poperinge
since 19622.006.176.368
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33028B0050/00M000 | Flanders | 2,243 m² | 1 · 370 m² | 7.1 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Brouwerij Van Eecke
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 4,690 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,690 EUR | 0 EUR |
Schemes
Subsidies voor internationaal ondernemen
Similar companies · same sector, comparable size
GUEUZERIE TILQUIN
BE 0809.655.436
Rebecq · Eq €1.17M
Belgium Peak Beer
BE 0662.592.548
Waimes · Eq €1.21M
FAGNES BEERS
BE 0776.702.655
Couvin · Eq €1.13M
USelect
BE 0688.820.160
Gent · Eq €1.12M
DE GRAAL
BE 0472.687.136
Brakel · Eq €1.10M
Of 726 companies in sector 11050 we hold annual accounts for 350. 123 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-07-1962
Fiscal year end31-03
Activities, NACEBEL
11050Manufacture of beer
46349Wholesale of beverages, general range
51340
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.