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INBEV BELGIUM

Active
Private limited companyfounded 1988active for 38 yearsIndustrielaan 21, 1070 Anderlecht, BelgiumKBO/BCE: BE 0433.666.709
Summary

INBEV BELGIUM has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.26bn and a net result of €507.7m. Equity is shrinking by about 7.8% per year across the filed financial years. Its solvency ranks better than 34% of 103 sector peers (NACE 11, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Manufacture of beer
NACE 11050
Largest employer in Belgium, Beverages sector20 sites
Size
€1.67bnturnover 2025
Staff
2,835.3 FTE
Equity
€2.26bn
Profit
€507.7m
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
Anheuser-Busch InBev · 100%
Holdings
12
Accounts 57 days early18 of 120 deeds read
Why 82raises riskLiquidity: current ratio 0.06, cash €88.9mEquity €2.26bn (21.5% of total assets)Size: turnover €1.67bn, 2,835.3 FTE, total assets €10.51bnlowers riskFounded in 1988Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 31% of its sector peers (all companies)
Financial strength · tick = 2024
Weak
Solvency 46-1
equity 21.5% of total assets
Liquidity 18-33
short-term debt 63.0% · cash 0.8%
Profitability 59+11
return on assets 4.8%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (8 companies, NACE 11, large)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● unchanged vs 11-2024lowest value 10-2026: 0.4%highest value
Credit of up to €167,300,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.06, compared with 0.65 in 2024, below 1; short-term debt: 63% and cash: 0.8% of total assets), and 78.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (all companies): better than 34% on solvency, 13% on liquidity, 45% on profitability and 31% on growth.

The bankruptcy probability was computed on 19-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.06, cash €88.9m
NBB · annual accounts
raises risk · Equity €2.26bn (21.5% of total assets)
NBB · annual accounts
raises risk · Size: turnover €1.67bn, 2,835.3 FTE, total assets €10.51bn
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 04-06-2026, 57 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
57 days early
2024
72 days early
2023
65 days early
2022
45 days early
2021
62 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 60 days before the deadline; the sector median (NACE 11) for financial year 2024 is 2 days before the deadline, and 43% 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. The company usually files around 30 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations & appointmentsCorrection · Power of attorney
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2025 · unclassified…

Key points

  • Positive: Back in profit in 2025after -€7.3m in 2024 €507.7m View
  • Positive: Largest employer in Belgium, Beverages sectorin the Checked rankings No. 1 View
  • Controlled by Anheuser-Busch InBevthe company in turn controls 9 companies 100% View
  • Flemish supportawarded from 2022 to 2025 €827,124 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Turnover
€1.67bn
Profit
€507.7m
Solvency
21.5%
Turnover▼ 4.5%
Net result
20182025
Go to Financials

Timeline

Events
58
Since
1989
Next accounts
by 31-07-2027
  1. 08-04-2026Miscellaneous
  2. 31-12-2025Back to profit
  3. 26-06-2025Reappointments: Jason Warner, Alexandre Pouille and 6…
Go to Timeline

Company details

Sites
20
Legal form
Private limited company
Activity
Manufacture of beerNACE 11050
Founded
21-03-1988
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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