Brouwerij van Eecke

Active

Public limited companyfounded 196264 yrs activeDouvieweg 2, 8978 Poperinge, BelgiumKBO/BCE: BE 0405.467.027

Brouwerij van Eecke has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.17M and a net result of €-373k. Equity is growing by ~3.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2026

50 / 100

Fair▼ -3 vs 2025

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2025

Profitability0=

Solvency51▼-19

Growth32▼-20

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €60k at 30 days acceptable

Liquidity tight (current ratio 1.06 against 1.13 in 2025), and 68.5% of the assets are financed with debt.

How do we compute the score and the probability?

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

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

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

Sector 11

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2026

Solvency, return and age of the figures

Solvency

31.5%

Return on assets

-10%

Age of the figures

6 mo

Persistent losses

Two consecutive loss-making years (2025 and 2026); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2026

Net result per financial year

19212223242526

2019 to 2026 · latest year -€373k

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 10-09-2026, 51 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

51 d early

2025

1 d early

2024

50 d late

2023

6 d late

2022

14 d late

2021

26 d late

2020

19 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

15-09-2026 today31-03-2027 close31-10-2027 deadline

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

Financials · fiscal year 2026, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-373k▼ 3,929%

2025 · €-9k

2019: €81k 2021: €-92k 2022: €267k 2023: €151k 2024: €160k 2025: €-9k

2019 → 2026

Working capital

€153k▼ 30.3%

2025 · €220k

2019: €754k 2021: €1.06M 2022: €1.36M 2023: €992k 2024: €-65k 2025: €220k

2019 → 2026

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20222023202420252026Trend

Equity€1.42M-€1.49M▲ 4.5%€1.65M▲ 10.8%€1.54M▼ 6.5%€1.17M▼ 24.2%

Operating result€341k-€248k▼ 27.3%€182k▼ 26.4%€23k▼ 87.2%€-353k

Net result€267k-€151k▼ 43.6%€160k▲ 6.6%€-9k€-373k▼ 3,929%

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2026: a loss of €353k after €23k in 2025, the lowest year so far.

Balance-sheet composition

2026 in colour, 2025 as the grey bar beneath

Assets €3.71M

30.9%

69.1%

Fixed assets €1.15M▼ 26.6%

Current assets €2.56M▲ 35.5%

Equity and liabilities €3.71M

31.5%

68.5%

Equity €1.17M▼ 24.2%

Debt €2.54M▲ 33.0%

The debt ratio rises from 55.3% to 68.5%: debt grows while equity shrinks.

Key figures and ratios

2026 value · change against 2025

EBITDA

€159k▼

2025 · €519k

Cash flow

€140k▼

2025 · €486k

Solvency

31.5%▼

2025 · 44.7%

Current ratio

1.06▼

2025 · 1.13

Quick ratio

0.89▲

2025 · 0.86

Debt / equity

2.17▲

2025 · 1.24

ROE

-31.9%▼

2025 · -0.6%

ROA

-10.0%▼

2025 · -0.3%

Interest coverage

6.84▼

2025 · 15.96

Debt

€2.54M▲

2025 · €1.91M

Debt ≤ 1 year

€2.41M▲

2025 · €1.67M

Debt > 1 year

€127k▼

2025 · €236k

Income taxes

€593▲

2025 · €0

Staff costs

€555k▲

2025 · €519k

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 · 2026 against 2025

Balance sheet Code20252026

Assets

Total assets20/58€3.45M€3.71M▲

Fixed assets21/28€1.56M€1.15M▼

Intangible fixed assets21€0-

Tangible fixed assets22/27€1.56M€1.15M▼

Land and buildings22€402k€368k▼

Plant, machinery and equipment23€1.01M€662k▼

Furniture and vehicles24€70k€51k▼

Leasing and similar rights25€74k€65k▼

Financial fixed assets28€174€174=

Current assets29/58€1.89M€2.56M▲

Stocks and contracts in progress3€453k€407k▼

Stocks30/36€453k€407k▼

Amounts receivable within one year40/41€1.34M€2.09M▲

Trade receivables40€980k€1.74M▲

Other amounts receivable41€359k€354k▼

Cash at bank and in hand54/58€95k€44k▼

Deferred charges and accrued income490/1€5k€22k▲

Equity and liabilities

Total equity and liabilities10/49€3.45M€3.71M▲

Equity10/15€1.54M€1.17M▼

Contributions10/11€102k€102k=

Capital10€102k€102k=

Issued capital100€102k€102k=

Reserves13€1.45M€1.07M▼

Non-distributable reserves130/1€10k€10k=

Legal reserve130€10k€10k=

Tax-exempt reserves132€6k€6k=

Distributable reserves133€1.43M€1.05M▼

Profit (loss) carried forward14€-9k€0▲

Amounts payable17/49€1.91M€2.54M▲

Amounts payable after more than one year17€236k€127k▼

Financial debts170/4€236k€127k▼

Amounts payable within one year42/48€1.67M€2.41M▲

Current portion of amounts payable after more than one year42€109k€109k=

Trade debts44€690k€1.35M▲

Suppliers440/4€690k€1.35M▲

Taxes, remuneration and social security45€123k€143k▲

Taxes450/3€39k€47k▲

Remuneration and social security454/9€84k€97k▲

Other amounts payable47/48€750k€807k▲

Accrued charges and deferred income492/3€3k€3k▲

Income statement Code20252026

Remuneration, social security and pensions62€519k€555k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€495k€512k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€6k▲

Other operating charges640/8€27k€52k▲

Gross operating margin9900€1.07M€771k▼

Operating profit (loss)9901€23k€-353k▼

Financial income75/76B€0€5k▲

Recurring financial income75€0€5k▲

Financial charges65/66B€32k€23k▼

Recurring financial charges65€32k€23k▼

Profit (loss) for the period before taxes9903€-9k€-372k▼

Income taxes67/77€0€593▲

Profit (loss) for the period9904€-9k€-373k▼

Profit (loss) for the period to be appropriated9905€-9k€-373k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-382k▼

Profit (loss) brought forward from the previous period14P-€-9k

Transfer from equity791/2€98k€382k▲

Transfer to equity691/2€0-

To other reserves6921€0-

Profit to be distributed694/7€98k€0▼

Return on contributions (dividend)694€98k€0▼

Social balance

Average headcount (FTE)90879.28.9▼

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 2Gazette 1Filings 10

Next filing, fiscal year 2027, expected by 31-10-2027

2026

10-09

NBB filing Annual accounts filed

fiscal year 2026 · full schema

08-09

State Gazette act Merger · Capital

Merger · Capital · Corporate purpose24 facts ▸

Merger, absorption
Capital, €101.636,35
Corporate purpose, De vennootschap heeft tot voorwerp het brouwen en verkopen van alle soort bier, het bereiden van alle. soorten gegiste, gegazeerde- en niet gegazeerde dranken,…
Board composition, bestuurder, 2026-08-31
Board composition, bestuurder, 2026-08-31
Board composition, bestuurder, 2026-08-31
Capital, €61.500
Corporate purpose, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van deze: - Brouwer…
Board composition, bestuurder, 2026-08-31
Board composition, bestuurder, 2026-08-31
Share issue, 1401, fusion
Accounting effect, 2026-04-01
+12 further facts in this act

31-03

Financial Weakest financial yearnet €-373k

Net result drops to €-373k, the lowest in the series.

2025

30-10

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2024

20-12

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 50 days late

2023

06-11

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 6 days late

2022

14-11

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 14 days late

31-03

Financial Back to profitnet €267k

Net result €267k after one loss-making year.

2021

26-11

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 26 days late

2020

12-10

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2019

12-11

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 12 days late

2018

07-11

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 7 days late

2017

02-11

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 2 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

10 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Poperinge · 1 establishment unit since 1962

establishment The establishment unit on the map

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.

Douvieweg 28978 Poperinge

Ground area

2,243 m²

Building footprint

370 m²

Volume, LiDAR

2,037 m³