BRICKS INVEST
ActiveSummary
BRICKS INVEST has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,638 and a net result of -€184,363. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 49% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
Source: KBO- Status
- Active since 16-11-2004 Normal situation
- Registered office
- 11 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.158.166.757 8670 Koksijde, since 05-11-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2026
Board and ownership
- DEVAN HOLDINGDirector · since 06-05-2015 · permanent representative Steve Degrieck
- BV BELCOAST HOLDINGDirector · since 17-06-2024 · permanent representative Jan Dobbelaere
- BV KUBODirector · since 17-06-2024 · permanent representative Peter Lowagie
- BELCOAST HOLDING25%· score 862025 annual accounts of BELCOAST HOLDING
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- -€2,264
- ▲ 87.9%
- Loss
- €184,363
- ▲ 45.8%
- Equity
- €222,638
- ▼ 45.3%
- Total assets
- €799,094
- ▼ 18.8%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLoss of €184,363, the second in a row (financial year 2025)Last filed accounts filed 31 days late; 1 of the last 3 accounts lateLiquidity: current ratio 3.48, cash €11,774lowers riskSize: total assets €799,094Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 47% of them on solvency, 34% on liquidity, 4% on profitability and 13% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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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Signals
The company filed its last 7 accounts on average 28 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)
Key points
Recent changes
- · Gazette deed 3 directors appointedAppointments: BV KUBO, BV Miek Geerardyn and BV BELCOAST HOLDING · Permanent representatives: Peter Lowagie, Miek Geerardyn and Jan Dobbelaere
- · Gazette deed Capital increase of €123,500 to €273,500Capital from €150,000 to €273,500, 40 new shares · 40 shares · Resignations: DEVAN HOLDING (director) and Ilse Vanhauwaert (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as BRICKS INVEST: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €711,000 and €899,000, founded between 2002 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| BRICKS INVEST Koksijde | €799,094 | -€2,264 |
| SABIMMO KOKSIJDE Koksijde | €798,816 | -€69,236 |
| DOK Projects Heuvelland | €862,687 | -€34,033 |
| MIDDELKERKSE IMMOBILIENMAATSCHAPPIJ Middelkerke | €899,008 | -€37,027 |
| SPROVAN Torhout | €821,117 | -€18,610 |
| NICE PROJECTS Buggenhout | €746,030 | -€181,237 |
| IMMO LES TAILLES Houffalize | €711,449 | -€2,138 |
Key facts about BRICKS INVEST
- What is the company number of BRICKS INVEST?
- The company number of BRICKS INVEST is 0869.989.040. The VAT number is the same number with BE in front: BE 0869.989.040.
- Where is BRICKS INVEST based?
- The registered office is at Witte Burg 40, 8670 Koksijde.Company details
- What does BRICKS INVEST do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of BRICKS INVEST?
- BRICKS INVEST is a private limited company (BV).
- When was BRICKS INVEST founded?
- BRICKS INVEST was founded on 16-11-2004.
- Is BRICKS INVEST still active?
- Yes, BRICKS INVEST is an active enterprise in the KBO register.
- How many employees does BRICKS INVEST have?
- BRICKS INVEST had an average of 0.2 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of BRICKS INVEST?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is BRICKS INVEST profitable?
- In financial year 2025, BRICKS INVEST made a loss of €184,363.
- Where can I find the annual accounts of BRICKS INVEST?
- BRICKS INVEST filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRICKS INVEST due?
- BRICKS INVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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