Belgian brewer Liefmans, famous for its distinctive paper-wrapped fruit beers, has gone bust.

The brewery was initially declared insolvent in December, following which it secured protection from its creditors while it appealed the decision. But a Belgian court upheld the bankruptcy this week and liquidators will now be given the task of selling off the brewery and brands.

The family-owned brewer, Duvel Moortgat, which takes the Duval brand, is believed to be among the potential bidders for the business.

UK importer James Clay & Sons has secured a large consignment of stock to keep supplies flowing but listings have been lost.

Clay managing director Ian Clay said Liefmans had apparently run out of working capital despite achieving sales success. "We could have sold even more if we had been able to get the supplies," he said. "Liefmans will definitely continue because it's such an iconic brand."