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BRICK BUILDING

Active
Private limited companyfounded 2006active for 20 yearsLieven Duvoselstraat 11, 9050 Gent, BelgiumKBO/BCE: BE 0879.388.538
Summary

BRICK BUILDING has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €14,626. Equity has been growing by about 23% per year since 2019. Its solvency ranks better than 49% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-01-2006 Normal situation
Activity
Development of residential building projects NACE 68121and 4 others
Establishment unit
2.152.193.240 9050 Gent, since 14-03-2006
Financial year end
27 September
Peppol
Reachable since 14-01-2026

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 27-09-2025
Gross margin
€142,967
▼ 67.2%
Turnover
≈ €280,000
estimated
Profit
€14,626
▼ 88.7%
Equity
€1.0m
▲ 1.4%
Total assets
€3.5m
▲ 2.0%
  • 2025 accounts filed 3 days after the deadline
Net result -89%: 12-month year
Filed on 30-04-2026
Score breakdownraises riskLiquidity: current ratio 0.28, cash €9,838, halvedlowers riskSize: total assets €3.5mFigures for financial year 2025 (filed on 03-05-2026)Founded in 2006Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 54-1
equity 29.4% of total assets
Liquidity 30+9
short-term debt 41.9% · cash 0.3%
Profitability 36-14
return on assets 0.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,993 companies, NACE 68, small)
Last 24 months 12-2024: 1.1%highest value 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 0.2%▼ -0.8 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.1%▼ -0.2 percentage points vs 02-2026lowest value 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%▲ +0.2 percentage points vs 04-2026 06-2026: 0.2%▼ -0.2 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.28 (0.52 in 2024), below 1. Short-term debt is 41.9% and cash 0.3% of total assets. 70.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 49% of them on solvency, 24% on liquidity, 30% on profitability and 51% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.28, cash €9,838, halved
NBB · annual accounts
lowers risk · Size: total assets €3.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 03-05-2026)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 27-09-2025 was due by 27-04-2026 and was filed on 30-04-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
3 days late
2024
16 days early
2022
on the day
2021
1 day early
2020
on the day
2019
8 days early
2017
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 27-09-2026 is due by 27-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
27-09-2026 year end02-11-2026 today27-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Result fell in 202512-month financial year ▼ 88.7% View
  • Positive: 6 profitable years in a rowprofit 2025: €14,626 6 years View

Recent changes

  1. · Gazette deed Resignation: BV DHEYE (director)Permanent representative: Bruno VAN DEN DRIESSCHE · Appointment: ESTIENO BV (director)
  2. · Gazette deed Registered office
  3. · Gazette deed Company renamed from BRICK BUILDING BV to BRICK BUILDINGChanges of role: DE KOCK Patrick Gustaaf Antoine, ESTIENO and 2 others · Permanent representative: VAN DEN DRIESSCHE Bruno Lucien Marie
All 18 events

Comparable companies

These companies have the same main activity as BRICK BUILDING: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.3m and €3.8m, founded between 2005 and 2008.

CompanyTotal assetsGross margin
BRICK BUILDING Gent€3.5m€0.1m
SPAH Sint-Martens-Latem€3.3m€0.2m
SHAPE Development Gent€3.7m€0.2m
FIN-PROJECTEN Wetteren€3.3m€0.2m
AUVANI PROJECTS Gent€3.6m€0.1m
IMMO CONSTRUCT CONSULT Liège€3.3m€0.2m
HENDRIK CONSTANDT CONSTRUCT Oostende€3.8m€0.1m
Full comparison

Key facts about BRICK BUILDING

What is the company number of BRICK BUILDING?
The company number of BRICK BUILDING is 0879.388.538. The VAT number is the same number with BE in front: BE 0879.388.538.
Where is BRICK BUILDING based?
The registered office is at Lieven Duvoselstraat 11, 9050 Gent.Company details
What does BRICK BUILDING do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of BRICK BUILDING?
The legal form of BRICK BUILDING is Private limited company (BV).
When was BRICK BUILDING founded?
BRICK BUILDING was founded on 31-01-2006.
Is BRICK BUILDING still active?
Yes, BRICK BUILDING is an active enterprise in the KBO register.
What is the turnover of BRICK BUILDING?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €142,967 and 32 comparable companies (NACE 681). It probably lies between €190,000 and €570,000.Financials
Is BRICK BUILDING profitable?
In financial year 2025, BRICK BUILDING made a profit of €14,626.
Where can I find the annual accounts of BRICK BUILDING?
BRICK BUILDING filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BRICK BUILDING due?
BRICK BUILDING must file the annual accounts for financial year 2026 by 27-04-2027.Timeline

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