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Bricks & Mortar

Active
Private limited companyfounded 20241 yr activeKunstlaan 18, 3500 Hasselt, BelgiumKBO/BCE: BE 1016.690.850
Summary

The computed 12-month bankruptcy probability of Bricks & Mortar is 1.6% (moderate). The 2025 annual accounts show equity of €218,183 and a net result of €8,183. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability44
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.24; short-term debt: 6.1% and cash: 1.2% of total assets), and 80.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.2%
Return on assets
0.7%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 27 November 2024, Bricks & Mortar was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€218,183
Total assets
€1.1m
Net result
€8,183
Working capital
€16,557

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €1.1m
Fixed assets €1.0m
Current assets €85,781
Equity and liabilities €1.1m
Equity €218,183
Debt €917,528
Debt finances 80.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€81,643
Cash flow
€51,521
Current ratio
1.24
Debt to equity
4.21
ROE
3.8%
ROA
0.7%
Interest coverage
2.92
Debt ≤ 1 year
€69,224
Debt > 1 year
€804,407
Income taxes
€2,200

Peer companies

Historical observation

Of the 12,057 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.

  • Small
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
  • without age
1.1% went bankrupt
1.4% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,057 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€1.1m
Fixed assets21/28€1.0m
Tangible fixed assets22/27€1.0m
Land and buildings22€1.0m
Current assets29/58€85,781
Amounts receivable within one year40/41€72,048
Trade receivables40€72,048
Cash at bank and in hand54/58€13,734
Equity and liabilities
Total equity and liabilities10/49€1.1m
Equity10/15€218,183
Contributions10/11€210,000
Reserves13€8,183
Distributable reserves133€8,183
Amounts payable17/49€917,528
Amounts payable after more than one year17€804,407
Financial debts170/4€804,407
Amounts payable within one year42/48€69,224
Current portion of amounts payable after more than one year42€36,014
Trade debts44€6,966
Suppliers440/4€6,966
Taxes, remuneration and social security45€2,200
Taxes450/3€2,200
Other amounts payable47/48€24,045
Accrued charges and deferred income492/3€43,897
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,337
Other operating charges640/8€3,034
Gross operating margin9900€84,677
Operating profit (loss)9901€38,306
Financial charges65/66B€27,923
Recurring financial charges65€27,923
Profit (loss) for the period before taxes9903€10,383
Income taxes67/77€2,200
Profit (loss) for the period9904€8,183
Profit (loss) for the period to be appropriated9905€8,183
Appropriation of the result
Profit (loss) to be appropriated9906€8,183
Transfer to equity691/2€8,183
To other reserves6921€8,183

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,337
Other operating charges640/8€3,034
Gross operating margin9900€84,677
Operating profit (loss)9901€38,306
Financial charges65/66B€27,923
Recurring financial charges65€27,923
Profit (loss) for the period before taxes9903€10,383
Income taxes67/77€2,200
Profit (loss) for the period9904€8,183
Profit (loss) for the period to be appropriated9905€8,183
Line2025
Assets
Total assets20/58€1.1m
Fixed assets21/28€1.0m
Tangible fixed assets22/27€1.0m
Land and buildings22€1.0m
Current assets29/58€85,781
Amounts receivable within one year40/41€72,048
Trade receivables40€72,048
Cash at bank and in hand54/58€13,734
Equity and liabilities
Total equity and liabilities10/49€1.1m
Equity10/15€218,183
Contributions10/11€210,000
Reserves13€8,183
Distributable reserves133€8,183
Amounts payable17/49€917,528
Amounts payable after more than one year17€804,407
Financial debts170/4€804,407
Amounts payable within one year42/48€69,224
Current portion of amounts payable after more than one year42€36,014
Trade debts44€6,966
Suppliers440/4€6,966
Taxes, remuneration and social security45€2,200
Taxes450/3€2,200
Other amounts payable47/48€24,045
Accrued charges and deferred income492/3€43,897
Line2025
Profit (loss) for the period9904€8,183
+ Depreciation and write-downs630€43,337
Operating cash flow (approximation)€51,521

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

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Timeline · acts, filings and financial milestones

2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Hasselt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,534 m²
Building footprint
1,024 m²
Volume, LiDAR
12,993 m³
Parcel 71328D0149/00L000, Flanders · tallest building 23.7 m, ±5 floors. Linked by address, not a title deed.
19 companies at this address See who is registered here
1 establishment unit
Bricks & Mortar
Kunstlaan 18, 3500 HasseltRenting and operating of own or leased non-residential real estate, excluding land
since 20242.368.274.301
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0149/00L000 Flanders 2,534 m² 1 · 1,024 m² 23.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded27-11-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016690850
Registered 03-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.