For the first time in two decades, sales at Duvel Moortgat are declining. The Belgian brewer is therefore accelerating the rollout of non-alcoholic and new beverages. CEO Michel Moortgat is even considering an energy drink and possibly a proprietary soft drink.
First decline in two decades
In 2025, Duvel Moortgat reported revenue of 598 million euros, a 1.7% decline compared to the previous year. Volume also fell by about 2% to 2.2 million hectoliters. This marks the brewer’s first sales decline in twenty years, excluding the COVID-19 year of 2020.
