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BRICKS PROJECTS

Active
Private limited companyfounded 2007active for 19 yearsWitte Burg(Odk) 40, 8670 Koksijde, Belgium11 active companies are registered at this addressKBO/BCE: BE 0892.178.680
Summary

BRICKS PROJECTS has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€115,588) and a net result of -€28,184. Equity is shrinking by about 65% per year across the filed financial years. Its solvency ranks better than 5% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€165,608total assets 2025
Equity
-€115,588
Loss
-€28,184
Turnover not published (abbreviated format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Parent
NESTIFY · 70%
Holdings
1
2025 accounts 1 day early1 of 2 deeds summarised
Why 53raises riskCapped at 59: negative equityNegative equity -€115,588Loss of €28,184, the second in a row (financial year 2025)lowers riskSize: total assets €165,608Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 7% of its sector peers (NACE 68, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -69.8% of total assets
Liquidity 1+1
short-term debt 112.7% · cash 0.9%
Profitability 0-1
return on assets -17.0%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,617 companies, NACE 68, micro)
Last 24 months 11-2024: 3.3% 12-2024: 3.3%● unchanged vs 11-2024 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.4%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 3.3%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025 08-2025: 3.0%▼ -0.3 percentage points vs 07-2025 09-2025: 2.9%▼ -0.1 percentage points vs 08-2025 10-2025: 3.1%▲ +0.2 percentage points vs 09-2025 11-2025: 2.4%▼ -0.7 percentage points vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 1.2%▼ -1.2 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.1%▼ -0.1 percentage points vs 03-2026 05-2026: 1.2%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%▼ -0.1 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.1%● unchanged vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026lowest value 10-2026: 1.3%▲ +0.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.04, compared with 0.11 in 2024, below 1; short-term debt: 112.7% and cash: 0.9% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 5% on solvency, 4% on liquidity, 4% on profitability and 16% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €165,608
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€115,588
NBB · annual accounts
raises risk · Loss of €28,184, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€115,588
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
2 days early
2023
5 days early
2022
3 days early
2021
4 days early
2020
29 days early
2019
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 68) for financial year 2024 is 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 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 28 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end28-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet -€145,639

Financials · financial year 2025, abbreviated format

Equity
-€115,588▼ 32.2%
2024 · -€87,405
Total assets
€165,608▼ 10.2%
2024 · €184,364
Net result
-€28,184▲ 80.6%
2024 · -€145,639
Working capital
-€179,668▼ 17.6%
2024 · -€152,804
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €18,188 after €3,906 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.02m 2025 Net result-€0.03m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.7m--€0.04m-€0.02m▲ 51.3%€0.04m-€0.007m€0.004m-€0.02m
Net result€0.7m--€0.05mbelow the sector's middle half-€0.03mbelow the sector's middle half▲ 33.0%-€0.001mwithin the sector's middle half▲ 95.6%-€0.02mwithin the sector's middle half▼ 963%-€0.1mbelow the sector's middle half▼ 838%-€0.03mbelow the sector's middle half▲ 80.6%
Equity€0.1m-€0.05mbelow the sector's middle half▼ 49.3%€0.02mbelow the sector's middle half▼ 65.2%€0.02mbelow the sector's middle half▼ 8.2%€0.001mbelow the sector's middle half▼ 94.9%-€0.09mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 32.2%
Total assets€1.1m-€0.5mbelow the sector's middle half▼ 59.0%€0.5mbelow the sector's middle half▲ 12.4%€0.3mbelow the sector's middle half▼ 45.3%€0.3mbelow the sector's middle half▼ 5.1%€0.2mbelow the sector's middle half▼ 32.2%€0.2mbelow the sector's middle half▼ 10.2%
Debt€1.0m-€0.4m▼ 59.9%€0.5m▲ 22.0%€0.3m▼ 46.6%€0.3m▲ 0.3%€0.3m▲ 0.3%€0.3m▲ 3.5%
Working capital€0.002m--€0.05mwithin the sector's middle half-€0.1mwithin the sector's middle half▼ 119%-€0.2mbelow the sector's middle half▼ 110%-€0.3mbelow the sector's middle half▼ 2.2%-€0.2mwithin the sector's middle half▲ 39.3%-€0.2mbelow the sector's middle half▼ 17.6%
Solvency8.9%-11.0%within the sector's middle half▲ 2.1pp3.4%below the sector's middle half▼ 7.6pp5.7%below the sector's middle half▲ 2.3pp0.3%below the sector's middle half▼ 5.4pp-47.4%below the sector's middle half▼ 47.7pp-69.8%below the sector's middle half▼ 22.4pp
Current ratio1.00-0.80within the sector's middle half▼ 0.200.69within the sector's middle half▼ 0.120.09below the sector's middle half▼ 0.600.07below the sector's middle half▼ 0.020.11below the sector's middle half▲ 0.040.04below the sector's middle half▼ 0.08
Return on assets (ROA)59.0%--10.7%below the sector's middle half▼ 69.7pp-6.4%below the sector's middle half▲ 4.3pp-0.5%within the sector's middle half▲ 5.9pp-5.7%below the sector's middle half▼ 5.2pp-79.0%below the sector's middle half▼ 73.3pp-17.0%below the sector's middle half▲ 62.0pp
Staff (FTE)0within the sector's middle half
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165,608
Fixed assets €158,679 ▼ 3.8%
Current assets €6,929 ▼ 64.2%
Equity and liabilities
Equity-€115,588
Debt€281,196
Equity is negative: debt (€281,196) exceeds the balance-sheet total (€165,608).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€9,154▼
2024 · €9,394
Cash flow
-€19,149▲
2024 · -€140,150
Interest coverage
-0.92▼
2024 · 0.06
Debt ≤ 1 year
€186,597▲
2024 · €172,168
Debt > 1 year
€93,993▼
2024 · €99,601
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,907 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.4% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.2% stopped otherwise
85.4% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% 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 6,907 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 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€184,364€165,608▼
Fixed assets21/28€165,000€158,679▼
Tangible fixed assets22/27€165,000€158,679▼
Land and buildings22€165,000€156,642▼
Furniture and vehicles24-€2,037
Financial fixed assets28€0-
Current assets29/58€19,364€6,929▼
Amounts receivable within one year40/41€18,841€5,418▼
Trade receivables40€18,841€5,388▼
Other amounts receivable41-€30
Cash at bank and in hand54/58€523€1,511▲
Equity and liabilities
Total equity and liabilities10/49€184,364€165,608▼
Equity10/15-€87,405-€115,588▼
Contributions10/11€18,600€18,600=
Revaluation surpluses12€57,397€54,527▼
Reserves13€0€2,870▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133-€2,870
Profit (loss) carried forward14-€163,402-€191,585▼
Amounts payable17/49€271,769€281,196▲
Amounts payable after more than one year17€99,601€93,993▼
Financial debts170/4€99,601€93,993▼
Amounts payable within one year42/48€172,168€186,597▲
Current portion of amounts payable after more than one year42€5,372€5,608▲
Trade debts44€79€0▼
Suppliers440/4€79€0▼
Taxes, remuneration and social security45€1,904€0▼
Taxes450/3€1,904€0▼
Other amounts payable47/48€164,813€180,989▲
Accrued charges and deferred income492/3€0€606▲
Income statement Code20242025
Non-recurring operating income76A€5,968-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,488€9,034▲
Other operating charges640/8€692€726▲
Gross operating margin9900€10,086-€8,428▼
Operating profit (loss)9901€3,906-€18,188▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€149,545€9,995▼
Recurring financial charges65€149,545€9,995▼
Profit (loss) for the period before taxes9903-€145,639-€28,184▲
Profit (loss) for the period9904-€145,639-€28,184▲
Profit (loss) for the period to be appropriated9905-€145,639-€28,184▲
Appropriation of the result
Profit (loss) to be appropriated9906-€165,262-€191,585▼
Profit (loss) brought forward from the previous period14P-€19,623-€163,402▼
Transfer from equity791/2€1,860€0▼
Social balance sheet
Average headcount (FTE)90870.0-

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€0-€5,968--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,685€5,024€5,024€12,530€5,488€5,488€9,034▲ 64.6%
Other operating charges640/8---€4,343€654€692€726▲ 4.9%
Gross operating margin9900€706,157-€32,805-€12,318€54,502-€1,201€10,086-€8,428-
Operating profit (loss)9901€691,953-€39,342-€19,150€37,629-€7,344€3,906-€18,188-
Financial income75/76B---€0€1€0--
Recurring financial income75€439€1,006€1,744€0€1€0--
Financial charges65/66B---€39,090€8,185€149,545€9,995▼ 93.3%
Recurring financial charges65€21,859€11,589€16,057€39,090€8,185€149,545€9,995▼ 93.3%
Profit (loss) for the period before taxes9903€670,533-€49,925-€33,463-€1,461-€15,528-€145,639-€28,184▲ 80.6%
Income taxes67/77€1,059-------
Profit (loss) for the period9904€669,475-€49,925-€33,463-€1,461-€15,528-€145,639-€28,184▲ 80.6%
Profit (loss) for the period to be appropriated9905€669,475-€49,925-€33,463-€1,461-€15,528-€145,639-€28,184▲ 80.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.1m€0.5m€0.5m€0.3m€0.3m€0.2m€0.2m▼ 10.2%
Fixed assets21/28€0.3m€0.3m€0.3m€0.3m€0.3m€0.2m€0.2m▼ 3.8%
Tangible fixed assets22/27€0.3m€0.1m€0.1m€0.1m€0.1m€0.2m€0.2m▼ 3.8%
Land and buildings22---€0.1m€0.1m€0.2m€0.2m▼ 5.1%
Furniture and vehicles24------€0.002m-
Financial fixed assets28€0.04m€0.1m€0.1m€0.1m€0.1m€0--
Current assets29/58€0.8m€0.2m€0.3m€0.02m€0.02m€0.02m€0.007m▼ 64.2%
Stocks and contracts in progress3-€0.2m€0.2m€0----
Stocks30/36---€0----
Amounts receivable within one year40/41€0.8m€0.01m€0.01m€0.003m€0.004m€0.02m€0.005m▼ 71.2%
Trade receivables40---€0.003m€0.004m€0.02m€0.005m▼ 71.4%
Other amounts receivable41---€0--€30-
Cash at bank and in hand54/58€0.001m€0.03m€0.004m€0.02m€0.02m€0.001m€0.002m▲ 189%
Equity and liabilities
Total equity and liabilities10/49€1.1m€0.5m€0.5m€0.3m€0.3m€0.2m€0.2m▼ 10.2%
Equity10/15€0.1m€0.05m€0.02m€0.02m€0.001m-€0.09m-€0.1m▼ 32.2%
Contributions10/11€0.02m--€0.02m€0.02m€0.02m€0.02m=
Revaluation surpluses12-----€0.06m€0.05m▼ 5.0%
Reserves13€0.08m€0.08m€0.002m€0.002m€0.002m€0€0.003m-
Non-distributable reserves130/1---€0.002m€0.002m€0--
Reserves not available under the articles1311---€0.002m€0.002m€0--
Distributable reserves133------€0.003m-
Profit (loss) carried forward14€0.002m-€0.05m-€0.003m-€0.004m-€0.02m-€0.2m-€0.2m▼ 17.2%
Amounts payable17/49€1.0m€0.4m€0.5m€0.3m€0.3m€0.3m€0.3m▲ 3.5%
Amounts payable after more than one year17€0.2m€0.1m€0.1m€0-€0.1m€0.09m▼ 5.6%
Financial debts170/4---€0-€0.1m€0.09m▼ 5.6%
Amounts payable within one year42/48€0.8m€0.3m€0.4m€0.3m€0.3m€0.2m€0.2m▲ 8.4%
Current portion of amounts payable after more than one year42---€0-€0.005m€0.006m▲ 4.4%
Trade debts44€0.04m€0.05m€0.03m€0.01m€0.01m€79€0▼ 100%
Suppliers440/4---€0.01m€0.01m€79€0▼ 100%
Taxes, remuneration and social security45---€0.001m€0€0.002m€0▼ 100%
Taxes450/3---€0.001m€0€0.002m€0▼ 100%
Other amounts payable47/48---€0.3m€0.3m€0.2m€0.2m▲ 9.8%
Accrued charges and deferred income492/3---€0€0.001m€0€0.001m-
Line2019202020212022202320242025Change
Profit (loss) for the period9904€669,475-€49,925-€33,463-€1,461-€15,528-€145,639-€28,184▲ 80.6%
+ Depreciation and write-downs630€11,685€5,024€5,024€12,530€5,488€5,488€9,034▲ 64.6%
Operating cash flow (approximation)€681,159-€44,900-€28,439€11,069-€10,040-€140,150-€19,149▲ 86.3%
Investment in fixed assets (approximation)-€82,545-€23,000-€6,546€4,000€82,603-€2,713-
Change in cash-€25,040-€21,994€17,228-€5,965-€14,629€988-

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

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-03-2025 abbreviated format 30-10-2025 2025-00554639
31-03-2024 abbreviated format 29-10-2024 2024-00518830
31-03-2023 abbreviated format 26-10-2023 2023-00493185
31-03-2022 abbreviated format 28-10-2022 2022-20476196
31-03-2021 abbreviated format 27-10-2021 2021-73600113
31-03-2020 abbreviated format 02-10-2020 2020-58300457
31-03-2019 abbreviated format 25-10-2019 2019-71500469
31-03-2018 abbreviated format 31-10-2018 2018-71200583
31-03-2017 abbreviated format 25-10-2017 2017-67900190
31-03-2016 abbreviated format 20-09-2016 2016-60300123

Show all 17 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 9,531 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,480. See the whole sector

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

Directors

Directors
1 director, last change in 2023

Board 1

DEVAN HOLDING
Director (not named in the articles) · Private limited company · permanent representative: DEGRIECK Steve
Current

Permanent representatives 1

DEGRIECK Steve
Permanent representative · for DEVAN HOLDING
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DEVAN HOLDING
  • Director (not named in the articles), since before 21-12-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. NESTIFY 70%
  2. BRICKS PROJECTS

Highest known parent: NESTIFY. The sources do not say who stands above it.

Owners 1

According to the annual accounts to 31-03-2023 of BRICKS PROJECTS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 21-12-2023 Converted to unavailable equity
  2. 21-12-2023 Converted to available equity

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the annual accounts to 31-03-2023 of BRICKS PROJECTS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

7 connected companies
Linked via shared directors
BELFAS
Shared corporate director
→
BRICKS INVEST
Shared corporate director
→
CaeBer
Shared corporate director
→
KOBE PROJECTS
Shared corporate director
→
Show 3 more companies with a shared director
LUX LIVING
Shared corporate director
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RENOTOP
Shared corporate director
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SUN 4 ALL
Shared corporate director
→

History

BRICKS PROJECTS was incorporated on 20 September 2007.1 Total assets fell from €1.1m in 2019 to €165,608 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-10-2026
2025
30-10
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2024
29-10
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
31-03
Financial Weakest financial yearnet -€145,639
Net result drops to -€145,639, the lowest in the series; recovery starts the following year.
2023
21-12
Gazette deed Resignation: DEVAN HOLDING (director)
Reappointment: DEVAN HOLDING (director) · Permanent representative: DEGRIECK Steve · Registered-office move17 facts ▸
  • General meeting, 12-12-2023
  • Registered-office move
  • Capital conversion, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
  • Capital conversion, “beschikbaar eigen vermogen voor uitkering” (deed in Dutch)
  • Amendment of the articles, 8
  • Amendment of the articles (3 times)
  • Amendment of the articles, 16
  • Amendment of the articles, 19
  • Amendment of the articles, 20
  • Power of attorney (2 times)
  • Director resignation, DEVAN HOLDING (director (not named in the articles))
  • Director discharge, DEVAN HOLDING (director (not named in the articles))
  • +5 further facts in this act
26-10
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2022
28-10
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2021
27-10
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2020
02-10
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2019
25-10
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2018
31-10
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2017
25-10
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2016
20-09
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded20-09-2007
Financial year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0892178680
Also 9925:BE0892178680
Registered 13-07-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0892.178.680

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 2007
registered office establishment The establishment unit on the map
Ground area
3,303 m²
Building footprint
882 m²
Building volume
1,939 m³
Parcel 38502F0745/00A000, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
1 establishment unit
Bricks Projects
Witte Burg(Odk) 40, 8670 KoksijdeDevelopment of residential building projects
since 2007unit no. 2.165.654.959
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
38502F0745/00A000 Flanders 3,303 m² 1 · 882 m² 8.1 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“1. Alle immobillaire operaties of ermee verband houdende verrichtingen met name: de aankoop,verkoop,ruiling,het bouwen,het laten…” (deed in Dutch)
13 activities (deed in Dutch)
  1. 1. Alle immobillaire operaties of ermee verband houdende verrichtingen met name: de aankoop,verkoop,ruiling,het bouwen,het laten bouwen,afbraakwerken,het huren,verhuren,ter beschikking stellen van gebouwen en gronden,de omvorming of ombouwing en valorisatie van onroerende goederen,in voorkomend geval door middel van lotissering,verkaveling,nieuwbouw,heropbouw of verbouwing. Het beheer van alle roerende en onroerende goederen,onder meer opmaken van projecten,bouwbegeleiding,enzovoort,zonder dat deze opsommingen beperkend zijn,en dit zowel in België als in het buitenland.
  2. 2. De aannemingen en de uitvoering van alle openbare en private bouwwerken,alle onderaannemingen,afwerkingen en voltooiingwerken en in het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks met het bouwvak in betrekking staan alsmede het fabriceren,de aankoop,verkoop,de consignatie,de vertegenwoordiging en commissiehandel van alle bouwmaterialen,grondstoffen en artikelen die bij het bouwen tussenkomen.
  3. 3. De coördinatie,de opvolging en het beheer van activiteiten en projecten zoals bepaald in punt 1 en 2.
  4. 4. Het optreden als tussenpersoon in de handel,dit in de ruimste zin van het woord.
  5. 5. Het verstrekken van operationeel,financieel en intellectueel advies betreffende de commerciële organisatie en uitbating van productiebedrijven of dienstverlenende ondernemingen.
  6. 6. Het verlenen van commercieel advies betreffende de marketing van producten van productie of dienstverlenende ondernemingen.
  7. 7. Het verlenen van administratief,financieel en managementadvies betreffende het bestuur van diverse ondernemingen in de meest ruime zin van het woord.
  8. 8. Het bestuur waarnemen van andere vennootschappen of ondernemingen en daarvoor vergoedingen ontvangen.
  9. 9. Het beheren van bedrijfsruimtes en een onroerend patrimonium,het valoriseren van dit patrimonium door het stellen van alle bestuursdaden,dit alles in de ruimste zin.
  10. 10. Het beheren van een roerend patrimonium inzonderheid van het verwerven en verhandelen van effecten,de participatie in andere vennootschappen en/of ondernemingen,het stellen van zakelijke of persoonlijke waarborgen in het voordeel van derden.
  11. 11. Het verwerven van licenties,brevetten en octrooien,alle rechten op knowhow en ontwikkelde procédés.
  12. 12. De vennootschap mag zich borgstellen of zakelijk zekerheden verstrekken ten voordele van derden of ondernemingen of vennootschappen waarin zij belangen bezit als mede-eigenaar,vennoot,schuldeiser of op ander wijze.
  13. 13. Zij mag op welke wijze ook betrokken zijn in zaken,ondernemingen of vennootschappen die hetzelfde,een soortgelijk,een gelijkaardig of samenhangend voorwerp hebben of die de ontwikkeling van haar onderneming kunnen bevorderen. Zij mag ondermeer en zonder dat de navolgende opsomming beperkend is,alle industriële,commerciële,financiële,burgerlijke,roerende en onroerende handelingen verrichten die rechtstreeks of onrechtstreeks met haar voorwerp in verband staan of de verwezenlijking ervan kunnen vergemakkelijken,zich door vereniging,inbreng of fusie,inschrijvingen,participaties,financiële tussenkomst of op bet even welke wijze interesseren in alle bestaande of op te richten vennootschappen waarvan het voorwerp hetzelfde of verwant aan het hare zou zijn of die haar bedrijvigheid in de hand zouden kunnen werken of bevorderen en uitbreiden,en er het bestuur van voeren.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BRICKS PROJECTS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2” (deed in Dutch)

deed of 21-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering kan mandaat steeds beeindigen wegens wettige reden, algemene vergadering bepaalt aantal duur en bij meerdere…” (deed in Dutch)

deed of 21-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“300, gelijk recht in winstverdeling en vereffeningsaldo per aandeel” (deed in Dutch)
1 more provision on this in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Overdracht onder levenden enkel toegelaten mits uitdrukkelijke toestemming andere aandeelhouders volgens procedure, voorkooprecht niet…” (deed in Dutch)
“Overgang door overlijden steeds onderworpen aan goedkeuring overige aandeelhouders volgens procedure, voortbestaan van rechtswege tussen…” (deed in Dutch)
1 more provision on this in the deed

deed of 21-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of September at 14:00

deed of 21-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Indien geen andere vereffenaar benoemd, bestuurder(s) in functie als vereffenaar(s) krachtens statuten” (deed in Dutch)

deed of 21-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Alle besluiten van algemene vergadering binnen wettelijke grenzen met uitzondering van statutenwijzigingen, schriftelijke algemene…” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, reglement kan voorwaarden stellen aan gebruik middel” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Zittingen processen-verbaal, door voorzitter aangeduid niet noodzakelijk aandeelhouder” (deed in Dutch)
Other provision: “Elke gewone of buitengewone algemene vergadering, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst reserves uitkering alarmbel, elke uitkering in strijd met wetboek van aandeelhouders ongeacht goede of kwade trouw” (deed in Dutch)
Other provision: “Nettoactief waarde uit laatste goedgekeurde jaarrekening, aandeelhouders hebben recht uit te treden ten laste van vermogen” (deed in Dutch)
Other provision: “Uitsluiting van aandeelhouder, wettige reden” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura op zelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
Other provision: “Woonstkeuze, als hij geen andere woonplaats heeft gekozen in België voor alle betrekkingen met vennootschap” (deed in Dutch)
Other provision: “Rechtbank in wiens rechtsgebied zetel is gevestigd, elk betwisting omtrent zaken vennootschap en uitvoering statuten tussen…” (deed in Dutch)
Other provision: “Gemeen recht, bepalingen WVV waarvan niet geldig afgeweken geacht ingeschreven in akte” (deed in Dutch)
3 more provisions in the deed, see the deed of 21-12-2023

deed of 21-12-2023