ACTIVE

BROUWERIJ DE HALVE MAAN

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Financial year 2025 · Closed on 31/12/2025

Net result420 k €+308,7 %over 1 year

Revenue20,4 M €+4,5 %over 1 year

Equity4,3 M €+6,1 %over 1 year

Workforce51,1 ETP+6,0 %over 1 year

Identity

Source · BCE/KBO

BROUWERIJ DE HALVE MAAN is a Private limited company incorporated in 2005. Its main activity is: Manufacture of beer. Its registered office is in Brugge. It employs on average 51,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0871.950.123
Incorporation: 17/02/2005
Legal form: Private limited company
Registered office: Walplein 26
8000 Brugge · FlandreSee on map
Contributed capital: 1 290 000,00 €
Latest accounts: 31/12/2025
Average workforce: 51,1 ETP

Activities (NACE)

11050Manufacture of beer· main 11050Manufacture of beer 15960Manufacture of leather and related products 47252Retail sale of beverages in specialised stores 47252Retail sale of beverages in specialised stores 52250Support activities for transportation+3

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	20,4 M €	+4.5%	19,5 M €	+2.7%	19 M €	+11.2%	17,1 M €	+17.5%	14,5 M €
EBITDA	5,7 M €	+1.5%	5,6 M €	+19.3%	4,7 M €	+49.3%	3,2 M €	-2.9%	3,3 M €
Operating result	1,2 M €	+18.3%	1 M €	+3657%	-28,9 k €	+98.0%	-1,5 M €	-460%	-260,2 k €
Net result	420 k €	+309%	102,8 k €	+115%	-674,3 k €	+65.2%	-1,9 M €	-189%	-670,8 k €
Balance sheet
Equity	4,3 M €	+6.1%	4 M €	-1.0%	4,1 M €	-16.8%	4,9 M €	-29.6%	7 M €
Total assets	41,8 M €	-4.5%	43,7 M €	-4.0%	45,6 M €	-6.0%	48,5 M €	-0.8%	48,8 M €
Cash	439,4 k €	+310%	107,1 k €	-15.0%	126 k €	+60.4%	78,5 k €	-58.7%	190,1 k €
Debts	37,3 M €	-5.6%	39,5 M €	-4.3%	41,3 M €	-4.8%	43,3 M €	+4.0%	41,7 M €
Other
Workforce	51,1 ETP	+6.0%	48,2 ETP	+4.3%	46,2 ETP	+1.1%	45,7 ETP	+12.6%	40,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Xavier Vanneste1003.777.081Represented by Xavier Vanneste	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Paula0824.450.411Represented by XAVIER VANNESTE	ManagerDirector
XAVIER VANNESTE	Manager

Other companies at this address

Walplein 26 8000 Brugge

Company	CBE no.
Axessa● Active	0477.973.141
H.M. Group● Active	0667.931.013
Maatschap VICAST● Active	1007.253.344
Noordstraat● Active	1039.151.201
Paula● Active	0824.450.411
VERONIQUE MAES EN CIE● Active	0465.209.525
WULVENNEST● Active	0455.237.430

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/05/2026	10/06/2025	29/08/2024	31/08/2023	09/05/2022	27/08/2021
General meeting	30/04/2026	06/06/2025	29/08/2024	31/08/2023	29/04/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/04/2026	13/05/2026	Dutch	PDF
Full model	31/12/2024	06/06/2025	10/06/2025	Dutch	PDF
Full model	31/12/2023	29/08/2024	29/08/2024	Dutch	PDF
Full model	31/12/2022	31/08/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	29/04/2022	09/05/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	27/08/2021	Dutch	PDF
Full modelCorrection	31/12/2019	10/07/2020	09/10/2020	Dutch	PDF
Full model	31/12/2019	10/07/2020	30/07/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	22/06/2018	19/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	11/03/2015	27/03/2015	Dutch	PDF
Abridged model	31/12/2013	11/03/2014	14/03/2014	Dutch	PDF
Abridged model	31/12/2012	28/03/2013	28/03/2013	Dutch	PDF
Abridged model	31/12/2011	01/03/2012	19/03/2012	Dutch	PDF
Abridged model	31/12/2010	31/03/2011	06/04/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	17/06/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	26/05/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	22/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Xavier Vanneste1003.777.081Represented by Xavier Vanneste	Director

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Paula0824.450.411Represented by XAVIER VANNESTE	ManagerDirector
XAVIER VANNESTE	Manager

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2021
WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring29/07/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/07/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/05/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/05/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BROUWERIJ DE HALVE MAAN

Walplein 26, 8000 Brugge

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Walplein 26, 8000 BruggeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00110110

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BROUWERIJ DE HALVE MAANCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00110110

Events

2025
Annual accounts 2025420 k €↑
2024
Annual accounts 2024102,8 k €↑
2023
Annual accounts 2023-674,3 k €↑
2022
Annual accounts 2022-1,9 M €↓
2021
Annual accounts 2021-670,8 k €↑
2020
Annual accounts 2020-3 M €↓
2018
Annual accounts 20181,2 M €↑
2017
Annual accounts 20171 M €↓
2016
Annual accounts 20161,1 M €↓
2015
Annual accounts 20151,3 M €↑
2014
Annual accounts 2014101 k €↓
2013
Annual accounts 2013283,3 k €↑
2012
Annual accounts 2012146,1 k €↑
2011
Annual accounts 2011136,6 k €↑
2010
Annual accounts 2010-125,6 k €↓
2009
Annual accounts 200946,9 k €↓
2008
Annual accounts 200864,9 k €↑
2007
Annual accounts 200759,7 k €↑
2006
Annual accounts 2006-85,9 k €
17/02/2005
IncorporationPrivate limited company

BROUWERIJ DE HALVE MAAN

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events