Skip to content

BETWEEN BRIX

Active
Private limited companyfounded 2016active for 10 yearsDumolinlaan(Kor) 1, 8500 Kortrijk, Belgium95 active companies are registered at this addressKBO/BCE: BE 0659.885.654
Summary

BETWEEN BRIX has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,737 and a net result of €4,685. Equity is growing by about 7% per year across the filed financial years. Its solvency ranks better than 32% of 16,985 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (11 days) Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00392872.

Equity
€33,737▲ 16.1%
2024 · €29,051
Total assets
€359,025▲ 273%
2024 · €96,238
Net result
€4,685▲ 540%
2024 · €732
Working capital
€28,690▲ 35.0%
2024 · €21,247
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 1,228% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,647 2025 Net result€4,685 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€3,939--€2,713€80,408€2,569▼ 96.8%€660,978▲ 25,633%€33,656▼ 94.9%€501▼ 98.5%€6,647▲ 1,228%
Net result€2,426--€2,467€79,549above the sector's middle half€1,641within the sector's middle half▼ 97.9%€660,495above the sector's middle half▲ 40,140%€33,034above the sector's middle half▼ 95.0%€732within the sector's middle half▼ 97.8%€4,685within the sector's middle half▲ 540%
Equity€21,067-€18,600▼ 11.7%€23,149within the sector's middle half▲ 24.5%€24,790within the sector's middle half▲ 7.1%€25,285within the sector's middle half▲ 2.0%€28,319within the sector's middle half▲ 12.0%€29,051within the sector's middle half▲ 2.6%€33,737within the sector's middle half▲ 16.1%
Total assets€101,921-€46,109▼ 54.8%€135,973below the sector's middle half▲ 195%€314,701within the sector's middle half▲ 131%€711,920within the sector's middle half▲ 126%€424,995within the sector's middle half▼ 40.3%€96,238below the sector's middle half▼ 77.4%€359,025within the sector's middle half▲ 273%
Debt€80,854-€27,509▼ 66.0%€112,824▲ 310%€289,911▲ 157%€686,635▲ 137%€396,676▼ 42.2%€67,186▼ 83.1%€325,288▲ 384%
Working capital€21,067-€21,835▲ 3.6%€17,604within the sector's middle half▼ 19.4%€20,354within the sector's middle half▲ 15.6%€18,216within the sector's middle half▼ 10.5%€23,114within the sector's middle half▲ 26.9%€21,247within the sector's middle half▼ 8.1%€28,690within the sector's middle half▲ 35.0%
Solvency20.7%-40.3%▲ 19.7pp17.0%within the sector's middle half▼ 23.3pp7.9%within the sector's middle half▼ 9.1pp3.6%below the sector's middle half▼ 4.3pp6.7%within the sector's middle half▲ 3.1pp30.2%within the sector's middle half▲ 23.5pp9.4%within the sector's middle half▼ 20.8pp
Current ratio1.26-1.90▲ 0.641.16within the sector's middle half▼ 0.741.07within the sector's middle half▼ 0.091.03within the sector's middle half▼ 0.041.06within the sector's middle half▲ 0.031.32within the sector's middle half▲ 0.261.09within the sector's middle half▼ 0.23
Return on assets (ROA)2.4%--5.4%▼ 7.7pp58.5%above the sector's middle half▲ 63.9pp0.5%within the sector's middle half▼ 58.0pp92.8%above the sector's middle half▲ 92.3pp7.8%above the sector's middle half▼ 85.0pp0.8%within the sector's middle half▼ 7.0pp1.3%within the sector's middle half▲ 0.5pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359,025
Fixed assets €5,047 ▼ 35.3%
Current assets €353,978 ▲ 300%
Equity and liabilities €359,025
Equity €33,737 ▲ 16.1%
Debt €325,288 ▲ 384%
Debt's share of the balance-sheet total rises from 69.8% to 90.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,404▲
2024 · €2,367
Cash flow
€7,443▲
2024 · €2,599
Debt to equity
9.64▲
2024 · 2.31
ROE
13.9%▲
2024 · 2.5%
Interest coverage
89.48▲
2024 · 22.87
Debt ≤ 1 year
€325,288▲
2024 · €67,186
Income taxes
€2,270▲
2024 · €799
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.2% went bankrupt
1.6% stopped otherwise
95.9% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,375 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€96,238€359,025▲
Fixed assets21/28€7,804€5,047▼
Tangible fixed assets22/27€7,804€5,047▼
Plant, machinery and equipment23€962€632▼
Furniture and vehicles24€6,842€4,415▼
Current assets29/58€88,434€353,978▲
Amounts receivable within one year40/41€55,135€176,873▲
Trade receivables40€54,390€170,855▲
Other amounts receivable41€745€6,018▲
Cash at bank and in hand54/58€33,298€177,105▲
Equity and liabilities
Total equity and liabilities10/49€96,238€359,025▲
Equity10/15€29,051€33,737▲
Contributions10/11€18,600€18,600=
Reserves13€10,451€15,137▲
Distributable reserves133€10,451€15,137▲
Amounts payable17/49€67,186€325,288▲
Amounts payable within one year42/48€67,186€325,288▲
Trade debts44€3,342€296,240▲
Suppliers440/4€3,342€296,240▲
Taxes, remuneration and social security45€21,744€28,817▲
Taxes450/3€21,744€28,817▲
Other amounts payable47/48€42,101€231▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,867€2,757▲
Other operating charges640/8€387€9,229▲
Gross operating margin9900€2,755€18,633▲
Operating profit (loss)9901€501€6,647▲
Financial income75/76B€1,134€413▼
Recurring financial income75€1,134€413▼
Financial charges65/66B€104€105▲
Recurring financial charges65€104€105▲
Profit (loss) for the period before taxes9903€1,531€6,955▲
Income taxes67/77€799€2,270▲
Profit (loss) for the period9904€732€4,685▲
Profit (loss) for the period to be appropriated9905€732€4,685▲
Appropriation of the result
Profit (loss) to be appropriated9906€732€4,685▲
Transfer to equity691/2€732€4,685▲
To other reserves6921€732€4,685▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€1,109€1,109€1,143€1,864€1,867€2,757▲ 47.7%
Other operating charges640/8---€459€460€499€387€9,229▲ 2,283%
Gross operating margin9900€4,391-€2,259€81,974€4,136€662,581€36,020€2,755€18,633▲ 576%
Operating profit (loss)9901€3,939-€2,713€80,408€2,569€660,978€33,656€501€6,647▲ 1,228%
Financial income75/76B---€20€9€1,474€1,134€413▼ 63.6%
Recurring financial income75€26€29€19€20€9€1,474€1,134€413▼ 63.6%
Financial charges65/66B---€72€94€191€104€105▲ 1.5%
Recurring financial charges65€33€41€65€72€94€191€104€105▲ 1.5%
Profit (loss) for the period before taxes9903€3,932-€2,725€80,362€2,517€660,893€34,938€1,531€6,955▲ 354%
Income taxes67/77€1,506-€258€814€876€397€1,904€799€2,270▲ 184%
Profit (loss) for the period9904€2,426-€2,467€79,549€1,641€660,495€33,034€732€4,685▲ 540%
Profit (loss) for the period to be appropriated9905€2,426-€2,467€79,549€1,641€660,495€33,034€732€4,685▲ 540%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€101,921€46,109€135,973€314,701€711,920€424,995€96,238€359,025▲ 273%
Fixed assets21/28--€5,545€4,436€7,070€5,205€7,804€5,047▼ 35.3%
Tangible fixed assets22/27--€5,545€4,436€7,070€5,205€7,804€5,047▼ 35.3%
Plant, machinery and equipment23----€1,622€1,292€962€632▼ 34.3%
Furniture and vehicles24---€4,436€5,448€3,913€6,842€4,415▼ 35.5%
Current assets29/58€101,921€46,109€130,428€310,265€704,851€419,790€88,434€353,978▲ 300%
Amounts receivable within one year40/41€55,217€11,050€38,269€160,056€301,104€35,214€55,135€176,873▲ 221%
Trade receivables40---€104,907€66,160€24,105€54,390€170,855▲ 214%
Other amounts receivable41---€55,149€234,944€11,109€745€6,018▲ 707%
Cash at bank and in hand54/58€46,704€35,059€92,159€150,208€403,746€384,576€33,298€177,105▲ 432%
Equity and liabilities
Total equity and liabilities10/49€101,921€46,109€135,973€314,701€711,920€424,995€96,238€359,025▲ 273%
Equity10/15€21,067€18,600€23,149€24,790€25,285€28,319€29,051€33,737▲ 16.1%
Contributions10/11€18,600€18,600€18,600€18,600€18,600€18,600€18,600€18,600=
Capital10---€18,600€18,600----
Issued capital100---€18,600€18,600----
Reserves13€2,467€2,467€4,549€6,190€6,685€9,719€10,451€15,137▲ 44.8%
Non-distributable reserves130/1---€1,860€1,860----
Legal reserve130---€1,860€1,860----
Distributable reserves133---€4,330€4,825€9,719€10,451€15,137▲ 44.8%
Profit (loss) carried forward14--€2,467-------
Amounts payable17/49€80,854€27,509€112,824€289,911€686,635€396,676€67,186€325,288▲ 384%
Amounts payable within one year42/48€80,854€24,274€112,824€289,911€686,635€396,676€67,186€325,288▲ 384%
Trade debts44€75,412€356€8,320€174,771€24,370€3,273€3,342€296,240▲ 8,765%
Suppliers440/4---€174,771€24,370€3,273€3,342€296,240▲ 8,765%
Taxes, remuneration and social security45---€39,625€1,218€1,210€21,744€28,817▲ 32.5%
Taxes450/3---€39,625€1,218€1,210€21,744€28,817▲ 32.5%
Other amounts payable47/48---€75,514€661,047€392,193€42,101€231▼ 99.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€2,426-€2,467€79,549€1,641€660,495€33,034€732€4,685▲ 540%
+ Depreciation and write-downs630--€1,109€1,109€1,143€1,864€1,867€2,757▲ 47.7%
Operating cash flow (approximation)€2,426-€2,467€80,658€2,750€661,638€34,898€2,599€7,443▲ 186%
Investment in fixed assets (approximation)---€0-€3,776€0-€4,466€0-
Change in cash--€11,645€57,099€58,050€253,538-€19,171-€351,277€143,807-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2025 micro format 11-08-2026 2026-00392872
31-12-2024 micro format 20-08-2025 2025-00387297
31-12-2023 micro format 30-07-2024 2024-00315904
31-12-2022 micro format 26-07-2023 2023-00272660
31-12-2021 micro format 20-07-2022 2022-20205440
31-12-2020 micro format 18-07-2021 2021-37000058
31-12-2019 micro format 22-07-2020 2020-32500083
31-12-2018 micro format 28-07-2019 2019-39600074
31-12-2017 micro format 27-07-2018 2018-40400356

Similar companies · same sector, comparable size

Of the 11,696 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 6,924. 4,534 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.