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Bricks & Mortar

Active
Private limited companyfounded 2024active for 1 yearKunstlaan 18, 3500 Hasselt, Belgium21 active companies are registered at this addressKBO/BCE: BE 1016.690.850
Summary

Bricks & Mortar has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,183 and a net result of €8,183. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €260,000
Estimated: probably between €170,000 and €440,000
Total assets
€1.1m
Net result
€8,183
Working capital
€16,557

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

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 12,107 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97.3% are still going.

  • Small
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
  • without age
1.2% went bankrupt
1.4% stopped otherwise
97.3% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% 0.9%
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 12,107 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€0.09m
Amounts receivable within one year40/41€0.07m
Trade receivables40€0.07m
Cash at bank and in hand54/58€0.01m
Equity and liabilities
Total equity and liabilities10/49€1.1m
Equity10/15€0.2m
Contributions10/11€0.2m
Reserves13€0.008m
Distributable reserves133€0.008m
Amounts payable17/49€0.9m
Amounts payable after more than one year17€0.8m
Financial debts170/4€0.8m
Amounts payable within one year42/48€0.07m
Current portion of amounts payable after more than one year42€0.04m
Trade debts44€0.007m
Suppliers440/4€0.007m
Taxes, remuneration and social security45€0.002m
Taxes450/3€0.002m
Other amounts payable47/48€0.02m
Accrued charges and deferred income492/3€0.04m
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m
Other operating charges640/8€0.003m
Gross operating margin9900€0.08m
Operating profit (loss)9901€0.04m
Financial charges65/66B€0.03m
Recurring financial charges65€0.03m
Profit (loss) for the period before taxes9903€0.01m
Income taxes67/77€0.002m
Profit (loss) for the period9904€0.008m
Profit (loss) for the period to be appropriated9905€0.008m
Appropriation of the result
Profit (loss) to be appropriated9906€0.008m
Transfer to equity691/2€0.008m
To other reserves6921€0.008m

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€0.09m
Amounts receivable within one year40/41€0.07m
Trade receivables40€0.07m
Cash at bank and in hand54/58€0.01m
Equity and liabilities
Total equity and liabilities10/49€1.1m
Equity10/15€0.2m
Contributions10/11€0.2m
Reserves13€0.008m
Distributable reserves133€0.008m
Amounts payable17/49€0.9m
Amounts payable after more than one year17€0.8m
Financial debts170/4€0.8m
Amounts payable within one year42/48€0.07m
Current portion of amounts payable after more than one year42€0.04m
Trade debts44€0.007m
Suppliers440/4€0.007m
Taxes, remuneration and social security45€0.002m
Taxes450/3€0.002m
Other amounts payable47/48€0.02m
Accrued charges and deferred income492/3€0.04m
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.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-07-2026 2026-00361894

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