FRED & BREW
ActiveFRED & BREW has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-18k) and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 103 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
21
/ 100
Critical▲ +9 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency39▲+2
Growth32=
Stability94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.68 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 →
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 2025Solvency, return and age of the figures
Solvency
-4.1%
Return on assets
0.5%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
7 d early
2023
51 d early
2022
52 d early
2021
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k
2024 · €-23k
2021: €59k
2022: €503
2023: €4k
2024: €-23k
2021 → 2025
Working capital
€-113k▲ 6.4%
2024 · €-121k
2021: €60k
2022: €-45k
2023: €-98k
2024: €-121k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€62k▲ 0.8%€3k▼ 95.2%€-20k€-18k▲ 11.7%
Operating result€75k-€845▼ 98.9%€4k▲ 401%€-23k€-2k▲ 91.4%
Net result€59k-€503▼ 99.1%€4k▲ 651%€-23k€2k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €23k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €432k
Fixed assets
€95k▼ 5.3%
Current assets
€336k▲ 30.8%
Key figures and ratios
EBITDA
€7k▲
2024 · €-16k
Cash flow
€11k▲
2024 · €-16k
Solvency
-4.1%▲
2024 · -5.6%
Current ratio
0.75▲
2024 · 0.68
Quick ratio
0.75▲
2024 · 0.68
Debt / equity
-25.32▼
2024 · -18.80
ROE
-13.3%▼
2024 · 114.9%
ROA
0.5%▲
2024 · -6.5%
Interest coverage
42.93▲
2024 · -109.99
Debt
€450k▲
2024 · €378k
Debt ≤ 1 year
€450k▲
2024 · €378k
Income taxes
€1k▲
2024 · €238
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€358k€432k▲
Fixed assets21/28€101k€95k▼
Tangible fixed assets22/27€13k€7k▼
Furniture and vehicles24€13k€7k▼
Financial fixed assets28€88k€88k=
Current assets29/58€257k€336k▲
Amounts receivable within one year40/41€237k€311k▲
Trade receivables40€25k€11k▼
Other amounts receivable41€212k€300k▲
Cash at bank and in hand54/58€20k€24k▲
Deferred charges and accrued income490/1€711€757▲
Equity and liabilities
Total equity and liabilities10/49€358k€432k▲
Equity10/15€-20k€-18k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-23k€-21k▲
Amounts payable17/49€378k€450k▲
Amounts payable within one year42/48€378k€450k▲
Trade debts44€26k€40k▲
Suppliers440/4€1k€5k▲
Bills of exchange payable441€25k€35k▲
Taxes, remuneration and social security45€6k€823▼
Taxes450/3€6k€823▼
Other amounts payable47/48€346k€409k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€984€1k▲
Gross operating margin9900€-15k€8k▲
Operating profit (loss)9901€-23k€-2k▲
Financial income75/76B€0€6k▲
Recurring financial income75€0€6k▲
Financial charges65/66B€142€161▲
Recurring financial charges65€142€161▲
Profit (loss) for the period before taxes9903€-23k€4k▲
Income taxes67/77€238€1k▲
Profit (loss) for the period9904€-23k€2k▲
Profit (loss) for the period to be appropriated9905€-23k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-21k▲
Profit (loss) brought forward from the previous period14P€0€-23k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (10 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 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-23k ▼712%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mouscron · 1 establishment unit since 2021
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.
Bilemontstraat 477700 MouscronGround area
1,727 m²
Building footprint
227 m²
Volume, LiDAR
1,401 m³
Parcel 54432C0248/00D000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRED & BREW
since 20212.318.045.424
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54432C0248/00D000 | Wallonia | 1,727 m² | 1 · 227 m² | 8.1 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.
Similar companies · same sector, comparable size
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BRASSERIE WOLKRAFT
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BE 0785.324.965
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BREWTOUS
BE 0795.543.817
Bütgenbach · Eq €4k
Of 726 companies in sector 11050 we hold annual accounts for 350. 116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-2021
Fiscal year end31-12
Activities, NACEBEL
11050Manufacture of beer
46170Agents in the wholesale of food, beverages and tobacco
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.