BOTTLES

Active

Public limited companyfounded 20232 yrs activeEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 1004.058.282

Summary

BOTTLES has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €432,371 and a net result of -€567,629. Its solvency ranks better than 31% of 127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisWatch Report Compare

BOTTLESActiveChecked score 64/100

Risk analysis Report Compare

Activity

Manufacture of beverages

NACE 11020Retail sale of wines and spirits NACE 47251

#8 company by total assets in Flemish Brabant, Beverages sector3 sites

Size

€7.5mtotal assets 2025

Staff: 4.6 FTE
Equity: €432,371
Loss: -€567,629

Turnover not published (abridged schema)

Financial health

64 Healthy Checked score 2025

Bankruptcy chance 12 m: 1.3%

Structure

Parent: Colruyt Food Retail · 100%

Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 32 d early2 of 4 deeds read

Why 64- Liquidity: current ratio 2.09, cash €77,391- Equity €432,371 (5.8% of total assets)- Loss of €567,629 (FY 2025)+ Sector Manufacture of beverages (NACE 11)Show the evidence

Checked score

Score 2025

64 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Better than 34% of its sector peers (NACE 11, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Weak

Solvency 31

equity 5.8% of total assets

Liquidity 28

short-term debt 47.0% · cash 1.0%

Profitability 9

return on assets -7.6%

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (546 companies)

Last 24 months 01-2025: 1.0% 02-2025: 1.0%● 0.0% vs 01-2025 03-2025: 1.0%▲ +2.9% vs 02-2025 04-2025: 1.1%▲ +6.8% vs 03-2025 05-2025: 1.1%▲ +6.0% vs 04-2025 06-2025: 1.3%▲ +12.6% vs 05-2025 07-2025: 1.3%● 0.0% vs 06-2025 08-2025: 1.4%▲ +11.0% vs 07-2025 09-2025: 1.4%▲ +2.1% vs 08-2025highest value 10-2025: 1.4%▼ -4.9% vs 09-2025 11-2025: 0.9%▼ -33.1% vs 10-2025lowest value 12-2025: 0.9%▲ +4.8% vs 11-2025 01-2026: 0.9%▼ -3.3% vs 12-2025 02-2026: 0.9%● 0.0% vs 01-2026 03-2026: 0.9%● 0.0% vs 02-2026 04-2026: 0.9%● 0.0% vs 03-2026 05-2026: 0.9%● 0.0% vs 04-2026 06-2026: 0.9%▲ +0.4% vs 05-2026 07-2026: 1.0%▲ +4.2% vs 06-2026 08-2026: 1.0%▼ -0.9% vs 07-2026 09-2026: 1.2%▲ +26.5% vs 08-2026 10-2026: 1.3%▲ +5.2% vs 09-2026

Sector Manufacture of beverages (NACE 11) lowers the probability
Liquidity: current ratio 2.09, cash €77,391 raises the probability
Equity €432,371 (5.8% of total assets) raises the probability
Loss of €567,629 (FY 2025) raises the probability

Credit up to €25,000 at 30 days only on tighter terms

Liquidity ample (current ratio 2.09; short-term debt: 47% and cash: 1% of total assets), but 94.2% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 11, micro). Better than this share of them on solvency 40%, liquidity 30%, profitability 33%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Manufacture of beverages (NACE 11)

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 2.09, cash €77,391

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Equity €432,371 (5.8% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Loss of €567,629 (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Young company

Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

32 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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

07-04-26 Capital & shares · Statutes amendmentCapital increase · Capital contribution…
12-01-26 Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Permanent representative: Eef Naessens
29-09-25 Annual accounts filedfiscal year 2025 · abbreviated…

Key points

Caution: Among the weakest 5% on net resultsector median -€6,419 · 127 companies -€567,629 View
Controlled by Colruyt Food Retailknown shareholders 100% 100% View
Total assets 2025first fiscal year filed €7.5m View