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Details

Company details

Enterprise number
0598.836.032
VAT number
BE 0598.836.032
Peppol ID
0208:0598836032
Legal form
Besloten Vennootschap
Start date
20/02/201511 years
Main activity
Groothandel in dranken, algemeen assortiment 46349
AddressDoorniksesteenweg 402
8583 Avelgem
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Why

Is SPIRITS BY DESIGN a healthy company?

At risk
  • At risk

    Working capital doesn't cover the need: a risk of payment problems in the short term.

  • Return on equityWeak

    The company makes little profit on the money its owners put in.

    −157.1%. Typical in the sector: 8.3%

  • Cashflow to long-term debtWeak

    With the money it keeps, it would take the company a long time to pay off its long-term loans.

    −0.21×

Based on the 2026 annual accounts, filed on 24/09/2026. View the annual accounts at the NBB

Creya method: information, not advice. How we calculate

Sector comparison

How does SPIRITS BY DESIGN compare with its sector?

We set every ratio against similar companies, using the National Bank's sector figures.

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Key figures

Figures over the years

Gross margin 2026
€24,532
−63%
Profit or loss 2026
−€99,297
Fell
Equity 2026
€63,224
−61%
Employees (FTE) 2026
1.2
Unchanged
Gross margin 2023–2026−78%
2023202420252026
Key figures per fiscal year
Fiscal year2026202520242023
Income statement
Gross margin€24,532−63%€65,523−21%€83,136−26%€111,973
Operating result−€22,518−298%€11,370−58%€27,108+26%€21,595
Profit or loss−€99,297Fell−€3,098−133%€9,508+13%€8,422
Balance sheet
Equity€63,224−61%€162,521−2%€165,619+6%€156,111
Total assets€527,277−30%€752,171−5%€789,973−8%€862,518
Staff
Employees (FTE)1.20%1.2+71%0.7−76%2.9
Filed24/09/202604/12/202524/10/2024In 2024

Amounts as filed with the National Bank. Small companies don't have to publish their revenue. 2023: previous fiscal year, as stated in the 2024 annual accounts.

Management

Who runs SPIRITS BY DESIGN?

According to the annual accounts of 24/09/2026.

Directors (1)

  • Tim VeysDirector

Credit limit

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Timeline

Filed annual accounts

Questions

Frequently asked questions about SPIRITS BY DESIGN

Is SPIRITS BY DESIGN a healthy company?

At risk. The latest annual accounts show serious weak points. Based on the 2026 annual accounts, filed on 24/09/2026.

What is the revenue of SPIRITS BY DESIGN?

SPIRITS BY DESIGN doesn't have to publish its revenue. The gross margin was €24,532 in 2026.

How much profit does SPIRITS BY DESIGN make?

The result of fiscal year 2026 was −€99,297.

How many employees does SPIRITS BY DESIGN have?

On average 1.2 full-time equivalents in 2026.

Who manages SPIRITS BY DESIGN?

According to the annual accounts of 24/09/2026: Tim Veys.

What is the VAT number of SPIRITS BY DESIGN?

The VAT number is BE 0598.836.032. The enterprise number is 0598.836.032.

Where is SPIRITS BY DESIGN located?

Doorniksesteenweg 402, 8583 Avelgem.

What is the Peppol ID of SPIRITS BY DESIGN?

The Peppol ID is 0208:0598836032.

When was SPIRITS BY DESIGN founded?

The start date in the KBO is 20/02/2015.

Sources

Where do these numbers come from?

Something not right?