Brick Masters
ActiveBrick Masters has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-84k) and a net result of €95k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+14
Solvency23▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98 against 0.96 in 2024; short-term debt: 102.2% and cash: 1.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-2.2%
Return on assets
2.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 8657 sector peers (2025).
NBB · sector comparisonPosition among 8657 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
11 d early
2024
14 d early
2023
14 d late
2022
1 d early
2021
12 d early
2020
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-84k▲ 53.1%
2024 · €-179k
2020: €41k
2021: €-36k
2022: €-144k
2023: €-56k
2024: €-179k
2020 → 2025
Total assets
€3.87M▼ 2.6%
2024 · €3.98M
2020: €541k
2021: €2.50M
2022: €2.73M
2023: €3.90M
2024: €3.98M
2020 → 2025
Net result
€95k
2024 · €-123k
2020: €-19k
2021: €-77k
2022: €-108k
2023: €88k
2024: €-123k
2020 → 2025
Working capital
€-84k▲ 53.0%
2024 · €-179k
2020: €128k
2021: €1.93M
2022: €1.97M
2023: €2.02M
2024: €-179k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-36k-€-144k▼ 298%€-56k▲ 60.9%€-179k▼ 217%€-84k▲ 53.1%
Operating result€-14k-€-10k▲ 25.2%€240k€70k▼ 70.7%€277k▲ 294%
Net result€-77k-€-108k▼ 39.5%€88k€-123k€95k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 294% above 2024 and is the highest result in the available series.
Key figures and ratios
Solvency
-2.2%▲
2024 · -4.5%
Current ratio
0.98▲
2024 · 0.96
Quick ratio
0.03▼
2024 · 0.04
Debt / equity
-47.02▼
2024 · -23.19
ROA
2.5%▲
2024 · -3.1%
Debt
€3.96M▼
2024 · €4.16M
Debt ≤ 1 year
€3.96M▼
2024 · €4.16M
Income taxes
€31k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.98M€3.87M▼
Current assets29/58€3.98M€3.87M▼
Stocks and contracts in progress3€3.83M€3.75M▼
Stocks30/36€3.39M€3.75M▲
Contracts in progress37€434k€0▼
Amounts receivable within one year40/41€51k€50k▼
Trade receivables40€5€29▲
Other amounts receivable41€51k€50k▼
Cash at bank and in hand54/58€98k€73k▼
Equity and liabilities
Total equity and liabilities10/49€3.98M€3.87M▼
Equity10/15€-179k€-84k▲
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-239k€-144k▲
Amounts payable17/49€4.16M€3.96M▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€4.16M€3.96M▼
Current portion of amounts payable after more than one year42€2.39M€2.39M=
Financial debts43€1.23M€1.35M▲
Credit institutions430/8€1.23M€1.35M▲
Trade debts44€95k€93k▼
Suppliers440/4€95k€93k▼
Advances received on contracts in progress46€2k€12k▲
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€11k€15k▲
Other amounts payable47/48€430k€98k▼
Accrued charges and deferred income492/3€37€0▼
Income statement
Code20242025
Non-recurring operating income76A€0€19▲
Other operating charges640/8€172€120▼
Gross operating margin9900€70k€277k▲
Operating profit (loss)9901€70k€277k▲
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€193k€151k▼
Recurring financial charges65€193k€151k▼
Profit (loss) for the period before taxes9903€-123k€126k▲
Income taxes67/77€0€31k▲
Profit (loss) for the period9904€-123k€95k▲
Profit (loss) for the period to be appropriated9905€-123k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-239k€-144k▲
Profit (loss) brought forward from the previous period14P€-116k€-239k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €95k
Net result €95k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-123k ▼240%
Net result drops to €-123k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
31-12
Financial
Back to profitnet €88k
Net result €88k after 3 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.39
Current ratio from 1.31 to 4.39.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Niel · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industrieweg 42845 NielGround area
1,560 m²
Building footprint
613 m²
Volume, LiDAR
2,905 m³
Parcel 11030C0314/00R000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brick Masters
since 20202.299.913.253
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030C0314/00R000 | Flanders | 1,560 m² | 1 · 613 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 36,930 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47789Other retail sale of new goods
68110Buying and selling of own real estate
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.