LIQUID BRANDS
ActiveLIQUID BRANDS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €24k. Equity is growing by ~59.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency5▼-33
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.72 in 2024), and 93.6% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.4%
Return on assets
8.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11165 sector peers (2025).
NBB · sector comparisonPosition among 11165 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
10 d early
2023
29 d late
2022
31 d late
2021
61 d late
2020
31 d late
2019
55 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k
2024 · €-7k
2018: €-146k
2019: €-119k
2020: €-172k
2021: €-41k
2022: €-38k
2023: €-22k
2024: €-7k
2018 → 2025
Total assets
€270k▼ 2.6%
2024 · €277k
2018: €110k
2019: €103k
2020: €59k
2021: €124k
2022: €244k
2023: €275k
2024: €277k
2018 → 2025
Net result
€24k▲ 62.5%
2024 · €15k
2018: €34k
2019: €25k
2020: €-53k
2021: €131k
2022: €3k
2023: €16k
2024: €15k
2018 → 2025
Working capital
€-124k▼ 72.7%
2024 · €-72k
2018: €-149k
2019: €-122k
2020: €-196k
2021: €-83k
2022: €-82k
2023: €-67k
2024: €-72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-41k-€-38k▲ 7.7%€-22k▲ 42.9%€-7k▲ 68.5%€17k
Operating result€131k-€3k▼ 97.4%€22k▲ 529%€21k▼ 1.1%€32k▲ 50.9%
Net result€131k-€3k▼ 97.6%€16k▲ 412%€15k▼ 8.9%€24k▲ 62.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 51% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€141k▲ 50.6%
Current assets
€129k▼ 29.7%
Equity and liabilities €270k
Equity
€17k
Debt
€253k
Debt finances 93.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€72k▲
2024 · €50k
Cash flow
€64k▲
2024 · €43k
Solvency
6.4%▲
2024 · -2.4%
Current ratio
0.51▼
2024 · 0.72
Quick ratio
0.44▼
2024 · 0.60
Debt / equity
14.69▲
2024 · -41.93
ROE
139.4%▲
2024 · -217.9%
ROA
8.9%▲
2024 · 5.3%
Interest coverage
26.28▲
2024 · 19.66
Debt
€253k▼
2024 · €284k
Debt ≤ 1 year
€253k▼
2024 · €255k
Debt > 1 year
€0▼
2024 · €27k
Income taxes
€6k▲
2024 · €4k
Staff costs
€45k▲
2024 · €8k
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€277k€270k▼
Fixed assets21/28€93k€141k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€93k€141k▲
Land and buildings22-€29k
Plant, machinery and equipment23€30k€34k▲
Furniture and vehicles24€64k€77k▲
Current assets29/58€183k€129k▼
Stocks and contracts in progress3€29k€18k▼
Stocks30/36€29k€18k▼
Amounts receivable within one year40/41€101k€74k▼
Trade receivables40€97k€60k▼
Other amounts receivable41€4k€14k▲
Cash at bank and in hand54/58€11k€12k▲
Deferred charges and accrued income490/1€42k€25k▼
Equity and liabilities
Total equity and liabilities10/49€277k€270k▼
Equity10/15€-7k€17k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-25k€-1k▲
Amounts payable17/49€284k€253k▼
Amounts payable after more than one year17€27k€0▼
Financial debts170/4€27k€0▼
Amounts payable within one year42/48€255k€253k▼
Current portion of amounts payable after more than one year42€10k€27k▲
Trade debts44€37k€105k▲
Suppliers440/4€37k€105k▲
Taxes, remuneration and social security45€10k€24k▲
Taxes450/3€9k€12k▲
Remuneration and social security454/9€1k€12k▲
Other amounts payable47/48€198k€96k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€8k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€40k▲
Other operating charges640/8€7k€13k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€68k€129k▲
Operating profit (loss)9901€21k€32k▲
Financial income75/76B€231€43▼
Recurring financial income75€231€43▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€19k€30k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€15k€24k▲
Profit (loss) for the period to be appropriated9905€15k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-1k▲
Profit (loss) brought forward from the previous period14P€-40k€-25k▲
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €131k
Net result €131k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-53k ▼316%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 86 days late
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Dison · 1 establishment unit since 2012
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.
So l'crèsse 114820 DisonGround area
925 m²
Building footprint
90 m²
Volume, LiDAR
637 m³
Parcel 63020B0017/00X000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LIQUID BRANDS
since 20122.236.641.440
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63020B0017/00X000 | Wallonia | 925 m² | 1 · 90 m² | 8.7 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
WORLD SOURCING SOLUTIONS
BE 0674.736.255
Saint-Ghislain · Eq €17k
Tailor Taste
BE 0760.532.656
Zwevegem · Eq €17k
Salty Lion Enterprises
BE 0783.851.357
Zoutleeuw · Eq €17k
Moens Wines & More
BE 0739.665.184
Machelen (Brab.) · Eq €17k
STRANGE DONKEY GIN
BE 0629.786.653
Boechout · Eq €18k
Of 1,043 companies in sector 46341 we hold annual accounts for 530. 299 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2012
Fiscal year end31-12
Activities, NACEBEL
46341Wholesale of wines and spirits
82300Organisation of conventions and trade shows
47251Retail sale of wines and spirits
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.