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Duvel Moortgat

  • Verifiedvalid until 19 Oct 2027
387.2FTEEmployeesVerifiedas of 31 Dec 2025
1931FoundedVerified
5/5Financial years checkedFY 2021 – FY 2025
—Average ratingNo reviews yet
0AwardsNo published awards yet

01Overview

About Duvel Moortgat

Short description by MeritVeri

Duvel Moortgat is a family-owned Belgian brewing group, founded in 1871, that makes specialty beers under more than twenty brands including Duvel, Vedett, Maredsous, La Chouffe, Liefmans and Boulevard. It operates and partly owns breweries in Belgium, the Netherlands, Italy, the Czech Republic and the United States, and exports its beers internationally. The Puurs-based company is the head of the group.

On this profile

  1. 02VerificationVerified10 items checked by MeritVeri
  2. 03FinancialsProfit in 5 of 5 years · FY 2021 – FY 2025
  3. 04PeopleCEO / managing director, 1 owner / shareholder, and 12 board members, named
  4. 06AwardsNo published awards yet
  5. 07ReviewsNo reviews yet

02Verification

Checked fact by fact

MeritVeri checks each fact against official public sources, the company's own publications or documentary evidence, and lists exactly what was checked. Nothing on this list can be bought.

Verified

Verified on 19 October 2026, valid until the end of 19 October 2027 (Brussels time).

VRF-BE-2026-000008
  • Official public sourcesBusiness register, central balance sheet office, official gazette, EU VAT system and LEI record
  • Published by the companyThe company's own published annual reports and website
  • Decided by MeritVeriMeritVeri decides every verification and records it with its date and reference

What was checked10 items

Items checked by MeritVeri, with the checked value, the source and the state of each
ItemChecked valueSourceState
Registration number0400.764.903—Verified
VAT numberBE 0400.764.903—Verified
Registered office addressBreendonk-Dorp 58, 2870 Puurs-Sint-Amands—Verified
Websitehttps://www.duvelmoortgat.com/—Verified
Year founded1931—Verified
Number of employees387.2 FTEas of 31 Dec 2025—Verified
CEO / managing director1 personsee People—Verified
Owners / shareholders1 shareholdersee People—Verified
Board of directors12 directorssee People—Verified
Financial statementsFY 2021 – FY 2025 · 5 yearssee Financials—Verified

All items checked on 19 Oct 2026

Outside this verification

  • Quality of products and services
  • Phone number and email address
  • Description, logo and photos
  • Social media accounts
  • Creditworthiness or future results

Verification cycles

  1. VRF-BE-2026-000008First verification · Current · 19 Oct 2026 – 19 Oct 2027Verified

03Financials

Five financial years, checked

Every checked amount was compared with the annual accounts filed with the official register. The result label for each year is always public.

  • Verified
  • Not disclosed
  • Not available

EUR · financial year = calendar year

Financial results FY 2021 to FY 2025, oldest first. Each value shows its verification state.
MetricFY 20211 Jan – 31 DecFY 20221 Jan – 31 DecFY 20231 Jan – 31 DecFY 20241 Jan – 31 DecFY 20251 Jan – 31 DecTrend
ResultProfitProfitProfitProfitProfitProfit in 5/5
Revenue€325,625,077.67Verified€359,256,441.96Verified€366,040,826.71Verified€357,586,952.59Verified€300,282,134.77Verified2021: €325,625,077.672022: €359,256,441.962023: €366,040,826.712024: €357,586,952.592025: €300,282,134.77-8% since 2021
Net resultafter tax€54,124,632.81Verified€52,674,743.75Verified€60,934,357.60Verified€38,759,007.25Verified€49,176,219.37Verified2021: €54,124,632.812022: €52,674,743.752023: €60,934,357.602024: €38,759,007.252025: €49,176,219.37-9% since 2021
Equity€234,705,062.66Verified€252,379,806.41Verified€278,314,164.01Verified€317,073,171.26Verified€296,249,390.63Verified2021: €234,705,062.662022: €252,379,806.412023: €278,314,164.012024: €317,073,171.262025: €296,249,390.63+26% since 2021
Gross marginNot availableNot availableNot availableNot availableNot available—
EBITDA€65,877,249.82Verified€59,237,318.93Verified€51,241,007.12Verified€51,143,111.09Verified€55,074,505.93Verified2021: €65,877,249.822022: €59,237,318.932023: €51,241,007.122024: €51,143,111.092025: €55,074,505.93-16% since 2021
Source—————

FY 20251 Jan – 31 Dec

Profit
Revenue
€300,282,134.77Verified
Net result
€49,176,219.37Verified
Equity
€296,249,390.63Verified
Gross margin
Not available
EBITDA
€55,074,505.93Verified

FY 20241 Jan – 31 Dec

Profit
Revenue
€357,586,952.59Verified
Net result
€38,759,007.25Verified
Equity
€317,073,171.26Verified
Gross margin
Not available
EBITDA
€51,143,111.09Verified

FY 20231 Jan – 31 Dec

Profit
Revenue
€366,040,826.71Verified
Net result
€60,934,357.60Verified
Equity
€278,314,164.01Verified
Gross margin
Not available
EBITDA
€51,241,007.12Verified

FY 20221 Jan – 31 Dec

Profit
Revenue
€359,256,441.96Verified
Net result
€52,674,743.75Verified
Equity
€252,379,806.41Verified
Gross margin
Not available
EBITDA
€59,237,318.93Verified

FY 20211 Jan – 31 Dec

Profit
Revenue
€325,625,077.67Verified
Net result
€54,124,632.81Verified
Equity
€234,705,062.66Verified
Gross margin
Not available
EBITDA
€65,877,249.82Verified
What the states and labels mean
Profit · Loss · Break-even
Based on the net result of the financial year. Break-even: the net result, positive or negative, is at most 1% of that year's revenue. Otherwise a positive net result is a profit and a negative one a loss. If the year has no revenue figure, it is break-even only when the net result is exactly 0.
Verified
Checked by MeritVeri against the filed annual accounts or other official sources, in a verification that is valid today.
Not disclosed
The company chose not to publish this value.
Not available
There is no value for this financial year.
Amount hidden by the company
The company chose not to show its amounts. The years, the state of each value and the result of each year stay public.

04People

Who runs and owns it

Management, owners and board, checked by MeritVeri against official sources such as the official gazette and filed annual accounts, and against the company's own published annual reports.

Employees
387.2 employees (FTE) · as of 31 Dec 2025
Verified

CEO / managing directorChecked 19 Oct 2026

  • Michel MoortgatPermanent representative of the managing-director entity
    Since 2022Verified

Owners / shareholdersChecked 19 Oct 2026

  • Moortgat familyFamily shareholders · Natural person
    Verified

Board of directorsChecked 19 Oct 2026

  • Hop!nvestDirector · Since 2013
    Verified
  • DEREYDirector · Since 2021
    Verified
  • BEMODirector · Since 2022
    Verified
  • LEMADirector · Since 2022
    Verified
  • LP InvestDirector · Since 2022
    Verified
  • A2Director · Since 2014
    Verified
  • Veerle DeheegherPermanent representative of a legal-person director of Hop!nvest · Since 2013
    Verified
  • Michel Van HemelePermanent representative of a legal-person director of DEREY · Since 2021
    Verified
  • Bernard MoortgatPermanent representative of a legal-person director of BEMO · Since 2022
    Verified
  • Victor MoortgatPermanent representative of a legal-person director of LP Invest · Since 2022
    Verified
  • Alain BeyensPermanent representative of a legal-person director of A2 · Since 2014
    Verified
  • LEMAPerson in charge of daily management · Since 2022
    Verified

Only people marked “Verified” were checked by MeritVeri in a valid verification. “Checked earlier” means that verification is no longer valid.

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05Business details

Business details

Each detail says where it comes from. Only details marked “Verified” were checked by MeritVeri.

Legal name
DUVEL MOORTGAT
Trading name
Duvel Moortgat
Enterprise number
0400.764.903
Verified
VAT number
BE 0400.764.903
Verified
Registered office
Breendonk-Dorp 582870 Puurs-Sint-AmandsBelgium
Verified
Industry
Food and beverages
Founded
1931
Verified
Employees
387.2 FTEas of 31 Dec 2025
Verified

Listing updated on 19 Oct 2026 · Report incorrect information

06Awards

Awards

Results of published award editions. Placements are decided by MeritVeri and can never be bought.

No published award results yet.

07Reviews

What people report

Experiences of customers, employees and business relations. Every review is checked by MeritVeri before it is published; the company cannot remove or reorder them.

—

0 published reviews

  • 5 stars: 0 of 0
  • 4 stars: 0 of 0
  • 3 stars: 0 of 0
  • 2 stars: 0 of 0
  • 1 star: 0 of 0
Customers
0
Employees
0
Business relations
0
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