Equity
€24,231 from €107,316 in 2024
Equity fell by 77% in 1 year.
Madness Brew
Lifetime
6 annual accounts with figures on one time axispeak €102,309 (2024)
€101,008▼ 1.3%
lowest -€83,086 (2025)
-€83,086▼ €83,736
peak €107,316 (2024)
€24,231▼ 77.4%
€176,641▲ 52.1%
peak 2.2 FTE (2025)
2.2 FTE▲ 100%
Board3 names since 2020
2 directors and 1 other
Documentsfilings and deeds
26-08-202626 days late
2025abbreviated format
Loss of €83,086Staff from 1.1 FTE to 2.2 FTEEquity from €107,316 to €24,231Debts from €116,131 to €176,641Cash from €54,694 to €26,493
Key points
from the 2025 annual accountsResult
-€83,086 -€83,086
From profit to loss in 2025, after a profit of €651 in 2024.
Debts
€176,641 88% of the balance sheet
Financial debts 15%Suppliers 25%Taxes and wages 31%Other 29%
Of this, €114,022 falls due within a year.
Staff
3 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
Filings
6 annual accounts 5 late
The 2020 accounts came latest: 31 days after the end of the period.
Board
1 joined · 1 left
Board changed. Latest change 31-07-2026 · 2 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,134 companies had the same profile as Madness Brew has now. Each dot stands for 3 companies, two years later.
86.3%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
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.
| 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 1,134 companies, not a prediction for Madness Brew. 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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Signals
Board and ownership
Daily manager
Director, since 27-02-2020
- 40 sharesdeed of 31-07-2026
- 60 sharesdeed of 31-07-2026
Recent changes
Transfer of 50 shares from to
Resignation: (director) · Appointment: (personne délégué à la gestion journalière) · holds 40 shares · General meeting of 18-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0744544482
Transfer of 10 shares from to
holds 40 shares · holds 10 shares · holds 50 shares · General meeting of 07-12-2021 · Gazette deed
Incorporation
Founding capital of €15,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 02-03-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Madness Brew Esneux | €200,871 | €101,008 | 12.1% | 2.2 |
| DRINKTHATBEER Etterbeek | €246,622 | €136,039 | 33.8% | 4.3 |
| CoHop Etterbeek | €752,995 | €159,061 | 55.1% | 5.3 |
| MISERY CO Aywaille | €294,833 | €168,344 | 12.0% | - |
| Science of Sour Ale Brewing Nazareth-De Pinte | €289,923 | €46,031 | -28.8% | 0 |
| De Lentehei Herentals | €135,492 | €162,479 | 1.8% | - |
| SMART ROOTS Jurbise | €236,041 | €50,238 | 29.8% | - |
These companies have the same main activity as Madness Brew: manufacture of beer (NACE 11050). They are comparable in size and age: total assets between €135,000 and €753,000, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 27-02-2020Normal situation
- Activity
- Manufacture of beerNACE 11050
- Joint committees
- 116Chemical industry
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.307.288.7184920 Aywaille, since 27-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 26-12-2025
Annual accounts 2025
- ≈ €260,000estimated
- €200,871▼ 10.1%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 26-08-2026
Insights on Madness Brew
Madness Brew files the abbreviated format. That format states no turnover. The gross margin rose from -€7,117 in 2020 to €101,008 in 2025.
In July 2026, the Official Gazette published the appointment of as managing director.
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 Madness Brew
- What is the company number of Madness Brew?
- The company number of Madness Brew is 0744.544.482. The VAT number is the same number with BE in front: BE 0744.544.482.
- Where is Madness Brew based?
- The registered office is at Ry d'Oneux 2, 4130 Esneux.Company details
- What does Madness Brew do?
- According to the KBO register, the main activity is manufacture of beer (NACE 11050).
- What is the legal form of Madness Brew?
- Madness Brew is a private limited company (BV).
- When was Madness Brew founded?
- Madness Brew was founded on 27-02-2020.
- Is Madness Brew still active?
- Yes, Madness Brew is an active enterprise in the KBO register.
- How many employees does Madness Brew have?
- Madness Brew had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Madness Brew fall under?
- In its 2025 annual accounts, Madness Brew states joint committees 116 (Chemical industry) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Madness Brew?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €101,008 and 1,393 comparable companies of the same size. It probably lies between €160,000 and €490,000. It is a rough estimate.
- Is Madness Brew profitable?
- In financial year 2025, Madness Brew made a loss of €83,086.
- Where can I find the annual accounts of Madness Brew?
- Madness Brew filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Madness Brew due?
- Madness Brew must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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