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SCHELDEBROUWERIJ

Active
Private limited companyfounded 200718 yrs activeWenenstraat 5, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0892.860.254
Summary

SCHELDEBROUWERIJ has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€758,407) and a net result of -€425,008. Equity is shrinking by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 12% of 110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-32
Solvency0▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.42 in 2024; short-term debt: 112.9% and cash: 0.1% of total assets), and equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025
Solvency, return and age of the figures
Solvency
-43.5%
Return on assets
-24.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
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
Manufacture of beverages (NACE 11)
about 8% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€758,407
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
29 d late
2023
30 d late
2022
6 d early
2021
2 d early
2020
12 d early
2019
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 29 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 October 2007, SCHELDEBROUWERIJ was incorporated.1 Total assets went from EUR 839,827 in 2018 to EUR 1.7 million in 2025 and headcount from 3 to 5.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€758,407▼ 127%
2024 · -€333,399
Total assets
€1.7m▼ 24.5%
2024 · €2.3m
Net result
-€425,008▼ 218%
2024 · -€133,838
Working capital
-€1.5m▼ 37.8%
2024 · -€1.1m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 11, Manufacture of beverages, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€16,721▼ 84.2%-€501,097-€485,353▲ 3.1%-€71,589▲ 85.3%-€378,101▼ 428%
Net result€8,624within the sector's middle half▼ 89.2%-€535,723below the sector's middle half-€507,792below the sector's middle half▲ 5.2%-€133,838below the sector's middle half▲ 73.6%-€425,008below the sector's middle half▼ 218%
Equity€843,953within the sector's middle half▲ 1.0%€308,230within the sector's middle half▼ 63.5%-€199,561below the sector's middle half-€333,399below the sector's middle half▼ 67.1%-€758,407below the sector's middle half▼ 127%
Total assets€1.7mwithin the sector's middle half▲ 53.6%€2.7mabove the sector's middle half▲ 56.7%€2.2mwithin the sector's middle half▼ 18.2%€2.3mwithin the sector's middle half▲ 3.5%€1.7mwithin the sector's middle half▼ 24.5%
Debt€897,077▲ 201%€2.4m▲ 170%€2.4m▲ 0.5%€2.6m▲ 8.7%€2.5m▼ 5.4%
Working capital€284,534within the sector's middle half▼ 59.0%-€414,091below the sector's middle half-€979,947below the sector's middle half▼ 137%-€1.1mbelow the sector's middle half▼ 13.4%-€1.5mbelow the sector's middle half▼ 37.8%
Solvency48.5%above the sector's middle half▼ 25.2pp11.3%within the sector's middle half▼ 37.2pp-8.9%below the sector's middle half▼ 20.2pp-14.4%below the sector's middle half▼ 5.5pp-43.5%below the sector's middle half▼ 29.1pp
Current ratio1.40within the sector's middle half▼ 1.930.69below the sector's middle half▼ 0.710.36below the sector's middle half▼ 0.330.42below the sector's middle half▲ 0.060.22below the sector's middle half▼ 0.19
Return on assets (ROA)0.5%within the sector's middle half▼ 6.6pp-19.6%below the sector's middle half▼ 20.1pp-22.7%below the sector's middle half▼ 3.1pp-5.8%within the sector's middle half▲ 16.9pp-24.4%below the sector's middle half▼ 18.6pp
Staff (FTE)4within the sector's middle half▲ 17.6%5.3within the sector's middle half▲ 32.5%0below the sector's middle half▼ 100%6.2within the sector's middle half5.7within the sector's middle half▼ 8.1%
above within below the middle half (P25 to P75) of NACE 11, Manufacture of beverages, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0Operating result 2021: €16,721€16,721Net result 2021: €8,624€8,624Operating result 2022: -€501,097-€501,097Net result 2022: -€535,723-€535,723Operating result 2023: -€485,353-€485,353Net result 2023: -€507,792-€507,792Operating result 2024: -€71,589-€71,589Net result 2024: -€133,838-€133,838Operating result 2025: -€378,101-€378,101Net result 2025: -€425,008-€425,00820212022202320242025-€600,000-€400,000-€200,000€0Operating result 2023: -€485,353-€485,000Net result 2023: -€507,792-€508,000Operating result 2024: -€71,589-€71,600Net result 2024: -€133,838-€134,000Operating result 2025: -€378,101-€378,000Net result 2025: -€425,008-€425,000202320242025
The operating result stays negative: a loss of €378,101 in 2025 against €71,589 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €1.3m ▼ 13.8%
Current assets €437,480 ▼ 45.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€147,989▼
2024 · €155,201
Cash flow
-€194,895▼
2024 · €92,952
Quick ratio
0.11▼
2024 · 0.28
Debt to equity
-3.30▲
2024 · -7.93
Interest coverage
-3.18▼
2024 · 2.49
Debt ≤ 1 year
€2.0m▲
2024 · €1.9m
Debt > 1 year
€500,622▼
2024 · €694,264
Income taxes
€349▲
2024 · €109
Staff costs
€360,332▼
2024 · €407,305
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.3m€1.7m▼
Fixed assets21/28€1.5m€1.3m▼
Tangible fixed assets22/27€1.5m€1.3m▼
Land and buildings22€12,607€11,959▼
Plant, machinery and equipment23€214,262€102,822▼
Furniture and vehicles24€196,158€108,317▼
Leasing and similar rights25€1.1m€909,531▼
Other tangible fixed assets26€42,025€163,551▲
Financial fixed assets28-€9,695
Current assets29/58€795,522€437,480▼
Stocks and contracts in progress3€255,725€228,863▼
Stocks30/36€255,725€228,863▼
Amounts receivable within one year40/41€496,733€164,534▼
Trade receivables40€463,898€143,637▼
Other amounts receivable41€32,835€20,897▼
Current investments50/53€30,000€30,000=
Cash at bank and in hand54/58€934€1,954▲
Deferred charges and accrued income490/1€12,130€12,130=
Equity and liabilities
Total equity and liabilities10/49€2.3m€1.7m▼
Equity10/15-€333,399-€758,407▼
Contributions10/11€178,600€178,600=
Reserves13€17,860€17,860=
Distributable reserves133€17,860€17,860=
Profit (loss) carried forward14-€529,859-€954,867▼
Amounts payable17/49€2.6m€2.5m▼
Amounts payable after more than one year17€694,264€500,622▼
Financial debts170/4€694,264€500,622▼
Amounts payable within one year42/48€1.9m€2.0m▲
Current portion of amounts payable after more than one year42€213,565€193,706▼
Financial debts43€100,061€100,000▼
Credit institutions430/8€100,061€100,000▼
Trade debts44€396,939€565,907▲
Suppliers440/4€396,939€565,907▲
Taxes, remuneration and social security45€69,085€59,262▼
Taxes450/3€1,478€5,111▲
Remuneration and social security454/9€67,607€54,151▼
Other amounts payable47/48€1.1m€1.1m▼
Accrued charges and deferred income492/3€42,530€32,084▼
Income statement Code20242025
Non-recurring operating income76A€7,000€2,500▼
Remuneration, social security and pensions62€407,305€360,332▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€226,790€230,112▲
Other operating charges640/8€3,323€7,509▲
Non-recurring operating charges66A€7,357€533▼
Gross operating margin9900€573,186€220,386▼
Operating profit (loss)9901-€71,589-€378,101▼
Financial income75/76B€69€0▼
Recurring financial income75€69€0▼
Financial charges65/66B€62,209€46,558▼
Recurring financial charges65€62,209€46,558▼
Profit (loss) for the period before taxes9903-€133,729-€424,659▼
Income taxes67/77€109€349▲
Profit (loss) for the period9904-€133,838-€425,008▼
Profit (loss) for the period to be appropriated9905-€133,838-€425,008▼
Appropriation of the result
Profit (loss) to be appropriated9906-€529,859-€954,867▼
Profit (loss) brought forward from the previous period14P-€396,021-€529,859▼
Social balance
Average headcount (FTE)90876.25.7▼

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€746€7,795€0€7,000€2,500▼ 64.3%
Remuneration, social security and pensions62€252,072€331,619€426,706€407,305€360,332▼ 11.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,065€114,341€218,439€226,790€230,112▲ 1.5%
Other operating charges640/8€1,679€3,612€6,260€3,323€7,509▲ 126%
Non-recurring operating charges66A-€405,788€101,500€7,357€533▼ 92.8%
Gross operating margin9900€295,538€354,264€267,552€573,186€220,386▼ 61.6%
Operating profit (loss)9901€16,721-€501,097-€485,353-€71,589-€378,101▼ 428%
Financial income75/76B---€69€0▼ 100%
Recurring financial income75---€69€0▼ 100%
Financial charges65/66B€7,669€33,432€22,311€62,209€46,558▼ 25.2%
Recurring financial charges65€7,669€33,432€22,311€62,209€46,558▼ 25.2%
Profit (loss) for the period before taxes9903€9,052-€534,529-€507,663-€133,729-€424,659▼ 218%
Income taxes67/77€428€1,194€128€109€349▲ 220%
Profit (loss) for the period9904€8,624-€535,723-€507,792-€133,838-€425,008▼ 218%
Profit (loss) for the period to be appropriated9905€8,624-€535,723-€507,792-€133,838-€425,008▼ 218%
Line20212022202320242025Change
Assets
Total assets20/58€1.7m€2.7m€2.2m€2.3m€1.7m▼ 24.5%
Fixed assets21/28€738,022€1.8m€1.7m€1.5m€1.3m▼ 13.8%
Tangible fixed assets22/27€738,022€1.8m€1.7m€1.5m€1.3m▼ 14.4%
Land and buildings22---€12,607€11,959▼ 5.1%
Plant, machinery and equipment23€528,329€267,260€250,621€214,262€102,822▼ 52.0%
Furniture and vehicles24€160,046€218,010€192,791€196,158€108,317▼ 44.8%
Leasing and similar rights25€41,213€1.3m€1.2m€1.1m€909,531▼ 13.4%
Other tangible fixed assets26€8,434€7,229€54,492€42,025€163,551▲ 289%
Financial fixed assets28----€9,695-
Current assets29/58€1.0m€904,772€544,406€795,522€437,480▼ 45.0%
Stocks and contracts in progress3€265,634€194,326€256,617€255,725€228,863▼ 10.5%
Stocks30/36€265,634€194,326€256,617€255,725€228,863▼ 10.5%
Amounts receivable within one year40/41€671,048€641,413€238,886€496,733€164,534▼ 66.9%
Trade receivables40€263,258€276,729€225,721€463,898€143,637▼ 69.0%
Other amounts receivable41€407,790€364,684€13,165€32,835€20,897▼ 36.4%
Current investments50/53€30,000€30,000€30,000€30,000€30,000=
Cash at bank and in hand54/58€26,117€29,838€9,467€934€1,954▲ 109%
Deferred charges and accrued income490/1€10,210€9,196€9,436€12,130€12,130=
Equity and liabilities
Total equity and liabilities10/49€1.7m€2.7m€2.2m€2.3m€1.7m▼ 24.5%
Equity10/15€843,953€308,230-€199,561-€333,399-€758,407▼ 127%
Contributions10/11€178,600€178,600€178,600€178,600€178,600=
Reserves13€17,860€17,860€17,860€17,860€17,860=
Non-distributable reserves130/1€17,860€17,860€0---
Reserves not available under the articles1311€17,860€17,860€0---
Distributable reserves133--€17,860€17,860€17,860=
Profit (loss) carried forward14€647,493€111,770-€396,021-€529,859-€954,867▼ 80.2%
Amounts payable17/49€897,077€2.4m€2.4m€2.6m€2.5m▼ 5.4%
Amounts payable after more than one year17€178,379€1.1m€907,767€694,264€500,622▼ 27.9%
Financial debts170/4€178,379€1.1m€907,767€694,264€500,622▼ 27.9%
Amounts payable within one year42/48€718,475€1.3m€1.5m€1.9m€2.0m▲ 3.2%
Current portion of amounts payable after more than one year42€4,123€190,881€211,207€213,565€193,706▼ 9.3%
Financial debts43€100,000€100,000€100,000€100,061€100,000▼ 0.1%
Credit institutions430/8€100,000€100,000€100,000€100,061€100,000▼ 0.1%
Trade debts44€581,647€279,730€181,763€396,939€565,907▲ 42.6%
Suppliers440/4€581,647€279,730€181,763€396,939€565,907▲ 42.6%
Taxes, remuneration and social security45€31,662€72,311€73,123€69,085€59,262▼ 14.2%
Taxes450/3€1,570€8,957€2,568€1,478€5,111▲ 246%
Remuneration and social security454/9€30,091€63,354€70,555€67,607€54,151▼ 19.9%
Other amounts payable47/48€1,043€675,941€958,260€1.1m€1.1m▼ 6.9%
Accrued charges and deferred income492/3€224€245€245€42,530€32,084▼ 24.6%
Line20212022202320242025Change
Profit (loss) for the period9904€8,624-€535,723-€507,792-€133,838-€425,008▼ 218%
+ Depreciation and write-downs630€25,065€114,341€218,439€226,790€230,112▲ 1.5%
Operating cash flow (approximation)€33,689-€421,382-€289,353€92,952-€194,895▼ 310%
Investment in fixed assets (approximation)--€1.2m-€83,363-€53,457-€20,924▲ 60.9%
Change in cash-€3,721-€20,371-€8,533€1,020▲ 112%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet -€535,723
Net result drops to -€535,723, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €79,968 ▲66.9%
Operating result €106,021, net result €79,968, both a record.
22-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Hoogstraten · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
6,312 m²
Building footprint
4,266 m²
Volume, LiDAR
40,450 m³
Parcel 13020F0552/00D000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Scheldebrouwerij
Wenenstraat 5, 2321 HoogstratenNACE 15960
since 20072.166.063.448
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13020F0552/00D000 Flanders 6,312 m² 1 · 4,266 m² 10.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 665 EUR awarded · 665 EUR paid
Year Entries awardedpaid
2023 1 665 EUR665 EUR
Schemes
1 entry · 665 EUR · 665 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hoogstraten2.166.063.448
2 permissions
Fabrikant voedermiddelen · since 06-10-2008
Toelating · Brouwerij · since 17-10-2007

Similar companies · same sector, comparable size

Of 729 companies in sector 11050 we hold annual accounts for 352. 185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-10-2007
Fiscal year end31-12
Trade name NL SCHELDEBROUWERIJ België
Activities, NACEBEL 2025
11050Manufacture of beer
11070Manufacture of beverages
E-invoicing
Reachable via Peppol
Peppol ID 0208:0892860254
Registered 29-09-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.