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BROWN SUGAR

Active Private limited companyfounded 2007active for 19 yearsMariastraat 21, 8000 BrugesKBO/BCE: BE 0887.532.776

Lifetime

18 annual accounts with figures on one time axis
peak €670,130 (2025)
€670,130▲ 21.8%
lowest -€196,686 (2008)
€92,557▼ 45.8%
peak €445,120 (2025)
€445,120▲ 67.5%
€691,688▲ 0.3%
peak 3.2 FTE (2019)
-not published
Board4 names since 2007
2 directors and 1 other
Documentsfilings and deeds
10-09-202641 days late
2025abbreviated format
Gross margin from €550,410 to €670,130Result from €170,915 to €92,557Merger: BROWN SUGAR takes over TVB 02-09Merger proposal: BROWN SUGAR takes over TVB 26-06Dividend €20,000Equity from €265,731 to €445,120

Key points

from the 2025 annual accounts

Equity

€445,120 ▲ 67.5%
265,7312024+92,557Profit-20,000Dividend+106,832Other445,1202025

BROWN SUGAR paid out €20,000 in dividends. That is 22% of the 2025 profit.

Result

€92,557 ▼ 45.8%
€171,0002024€92,6002025

The result fell in 2025 from €170,915 to €92,557.

Turnover

≈ €2.9m estimated

The accounts state no turnover.

Investments

€663,260 6.5 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 86.6% higher than in 2024.

Filings

18 annual accounts since 2008
AprilJune31 JulyOctober2010201520202025

Eight of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.

Restructuring

2025
  • 27-02-2007 founded
  • 31-07-2025 merger with TVB

Merger with TVB. Merger on 31-07-2025.

Equity +68%: merger

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as BROWN SUGAR has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 17,811 companies, not a prediction for BROWN SUGAR. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 27-02-2007
Director, since 15-09-2014
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0887532776
Merger: BROWN SUGAR takes over TVB Capital increase of €18,600 to €43,600 · Capital from €25,000 to €43,600, 100 new shares · Resignations: , BROWN SUGAR and TVB · General meeting of 31-07-2025 · Gazette deed
New establishment in Bruges Gruuthuuse, Mariastraat 36
Merger proposal: BROWN SUGAR takes over TVB Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
BROWN SUGAR Bruges €1.1m €670,130 39.2% -
BICS Laakdal €1.2m €623,199 97.9% 4.6
HET HEMELS BROOD Duffel €1.1m €548,473 33.4% 13.1
SANDEL Jabbeke €1.3m €621,308 66.2% 11.8
BOULANGERIE-PÂTISSERIE VANDER CAMMEN Ciney €1.2m €511,279 14.9% 7.3
B & T BAKKERIJ Asse €1.3m €554,762 13.4% 8.5
PATISSERIE ARNOULD Saint-Hubert €0.8m €630,964 13.2% -

These companies have the same main activity as BROWN SUGAR: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €809,000 and €1.3m, founded between 2002 and 2010.

Official details

Source: KBO
Status
Active since 27-02-2007Normal situation
Activity
Retail sale of bread and pastry (bakery outlets)NACE 47241and 4 others
Joint committees
119Food trade
201Independent retail · annual accounts 2025
Establishment units
2.160.177.2318000 Bruges, since 08-03-2007
2.287.297.6128000 Bruges, since 01-04-2019and 2 others
Financial year end
31 December
Peppol
Reachable since 26-12-2025
Company details

Annual accounts 2025

€1.1m▲ 19.0%
Filing
Filed on 10-09-2026
Financials

Insights on BROWN SUGAR

BROWN SUGAR files the abbreviated format. That format states no turnover. The gross margin rose from -€55,522 in 2008 to €670,130 in 2025.

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 BROWN SUGAR

What is the company number of BROWN SUGAR?
The company number of BROWN SUGAR is 0887.532.776. The VAT number is the same number with BE in front: BE 0887.532.776.
Where is BROWN SUGAR based?
The registered office is at Mariastraat 21, 8000 Bruges.Company details
What does BROWN SUGAR do?
According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of BROWN SUGAR?
BROWN SUGAR is a private limited company (BV).
When was BROWN SUGAR founded?
BROWN SUGAR was founded on 27-02-2007.
Is BROWN SUGAR still active?
Yes, BROWN SUGAR is an active enterprise in the KBO register.
How many employees does BROWN SUGAR have?
BROWN SUGAR had an average of 3.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does BROWN SUGAR fall under?
In its 2025 annual accounts, BROWN SUGAR states joint committees 119 (Food trade) and 201 (Independent retail).
What is the turnover of BROWN SUGAR?
The turnover in financial year 2025 is ≈ €2.9m. This figure is estimated from the gross margin of €670,130 and 48 comparable companies (NACE 472). It probably lies between €2.0m and €4.6m.
Is BROWN SUGAR profitable?
In financial year 2025, BROWN SUGAR made a profit of €92,557.
Where can I find the annual accounts of BROWN SUGAR?
BROWN SUGAR filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BROWN SUGAR due?
BROWN SUGAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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