HALF ZEVEN
ActiveHALF ZEVEN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €-6k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 70% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-53
Solvency83▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.23 in 2024; short-term debt: 41.7% and cash: 36.4% of total assets), and 41.7% of the assets are financed with debt.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
58.3%
Return on assets
-5.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year €-6k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
24 d late
2024
31 d early
2023
12 d early
2022
4 d early
2021
25 d early
2020
20 d late
2019
74 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€73k▼ 8.0%
2024 · €80k
2020: €83k
2021: €72k
2022: €82k
2023: €83k
2024: €80k
2020 → 2025
Total assets
€125k▼ 5.7%
2024 · €133k
2020: €114k
2021: €116k
2022: €137k
2023: €135k
2024: €133k
2020 → 2025
Net result
€-6k▼ 68.0%
2024 · €-4k
2020: €-5k
2021: €-6k
2022: €10k
2023: €1k
2024: €-4k
2020 → 2025
Working capital
€65k▼ 1.9%
2024 · €66k
2020: €78k
2021: €72k
2022: €65k
2023: €66k
2024: €66k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€82k▲ 13.7%€83k▲ 1.5%€80k▼ 4.6%€73k▼ 8.0%
Operating result€-5k-€12k€4k▼ 67.7%€-4k€-6k▼ 67.4%
Net result€-6k-€10k€1k▼ 87.7%€-4k€-6k▼ 68.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€8k▼ 37.5%
Current assets
€117k▼ 2.1%
Equity and liabilities €125k
Equity
€73k▼ 8.0%
Debt
€52k▼ 2.3%
The debt ratio rises from 40.2% to 41.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-152▼
2024 · €2k
Cash flow
€-233▼
2024 · €2k
Solvency
58.3%▼
2024 · 59.8%
Current ratio
2.24▲
2024 · 2.23
Quick ratio
1.18▼
2024 · 1.19
Debt / equity
0.72▲
2024 · 0.67
ROE
-8.7%▼
2024 · -4.8%
ROA
-5.1%▼
2024 · -2.9%
Interest coverage
-1.87▼
2024 · 53.52
Debt
€52k▼
2024 · €54k
Debt ≤ 1 year
€52k▼
2024 · €54k
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€133k€125k▼
Fixed assets21/28€14k€8k▼
Intangible fixed assets21-€929
Tangible fixed assets22/27€14k€8k▼
Plant, machinery and equipment23€2k€554▼
Furniture and vehicles24€11k€7k▼
Current assets29/58€120k€117k▼
Stocks and contracts in progress3€56k€55k▼
Stocks30/36€56k€55k▼
Amounts receivable within one year40/41€23k€15k▼
Trade receivables40€17k€11k▼
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€40k€46k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€133k€125k▼
Equity10/15€80k€73k▼
Contributions10/11€96k€96k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-22k€-28k▼
Amounts payable17/49€54k€52k▼
Amounts payable within one year42/48€54k€52k▼
Trade debts44€3k€158▼
Suppliers440/4€3k€158▼
Other amounts payable47/48€50k€52k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€842€863▲
Gross operating margin9900€3k€712▼
Operating profit (loss)9901€-4k€-6k▼
Financial income75/76B€10€0▼
Recurring financial income75€10€0▼
Financial charges65/66B€42€81▲
Recurring financial charges65€42€81▲
Profit (loss) for the period before taxes9903€-4k€-6k▼
Profit (loss) for the period9904€-4k€-6k▼
Profit (loss) for the period to be appropriated9905€-4k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-28k▼
Profit (loss) brought forward from the previous period14P€-18k€-22k▼
The notes to these accounts (8 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
13-12-2019
COURS Dag Ernest Madeleine: Resigned as Manager
13-12-2019
DE NORRE Luc Jozef: Resigned as Manager
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 2010
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.
Hekkestraat (GRE) 569200 DendermondeGround area
1,300 m²
Building footprint
189 m²
Volume, LiDAR
935 m³
Parcel 42007B0171/00L000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brouwerij Half Zeven
since 20102.189.628.015
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42007B0171/00L000 | Flanders | 1,299 m² | 1 · 189 m² | 8.6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.189.628.015
Similar companies · same sector, comparable size
JR OROSCO
BE 0754.396.714
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STELICO
BE 0826.122.571
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LES VINTREPIDES
BE 0694.509.310
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Drinks 4 U
BE 0506.643.173
Deinze · Eq €74k
BRASSERIE DE SOLEILMONT
BE 0430.589.829
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Of 1,508 companies in sector 47252 we hold annual accounts for 651. 488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2010
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
46349Wholesale of beverages, general range
47210Retail sale of fruit and vegetables
47810Retail trade
56301Cafés and bars
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.