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BRICKSQUARE IMMO

Active
Private limited companyfounded 20223 yrs activeAvenue du Parc 52, 1310 La Hulpe, BelgiumKBO/BCE: BE 0795.331.209
Summary

BRICKSQUARE IMMO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,339 and a net result of €20,751. Its solvency ranks better than 62% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+14
Solvency71▲+20
Growth78
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 0.66 in 2024; short-term debt: 42.5% and cash: 20.4% of total assets), but 54.4% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 25-09-2025, 36 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
36 d early
2024
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
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

BRICKSQUARE IMMO was incorporated on 23 December 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest 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
€31,339▲ 196%
2024 · €10,587
Total assets
€68,784▲ 71.2%
2024 · €40,166
Net result
€20,751▲ 271%
2024 · €5,587
Working capital
€15,876
2024 · -€10,184
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€7,789-€26,820▲ 244%
Net result€5,587within the sector's middle half-€20,751within the sector's middle half▲ 271%
Equity€10,587within the sector's middle half-€31,339within the sector's middle half▲ 196%
Total assets€40,166below the sector's middle half-€68,784below the sector's middle half▲ 71.2%
Debt€29,579-€37,445▲ 26.6%
Working capital-€10,184within the sector's middle half-€15,876within the sector's middle half
Solvency26.4%within the sector's middle half-45.6%within the sector's middle half▲ 19.2pp
Current ratio0.66within the sector's middle half-1.54within the sector's middle half▲ 0.89
Return on assets (ROA)13.9%above the sector's middle half-30.2%above the sector's middle half▲ 16.3pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2024: €7,789€7,789Net result 2024: €5,587€5,587Operating result 2025: €26,820€26,820Net result 2025: €20,751€20,75120242025€0€10,000€20,000€30,000Operating result 2024: €7,789€7,790Net result 2024: €5,587€5,590Operating result 2025: €26,820€26,800Net result 2025: €20,751€20,80020242025
The operating result rises in 2025; 2025 is 244% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68,784
Fixed assets €23,645 ▲ 13.8%
Current assets €45,139 ▲ 133%
Equity and liabilities €68,784
Equity €31,339 ▲ 196%
Debt €37,445 ▲ 26.6%
Debt's share of the balance-sheet total falls from 73.6% to 54.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,909▲
2024 · €8,512
Cash flow
€23,841▲
2024 · €6,310
Debt to equity
1.19▼
2024 · 2.79
ROE
66.2%▲
2024 · 52.8%
Interest coverage
59.76▲
2024 · 24.51
Debt ≤ 1 year
€29,263▼
2024 · €29,579
Income taxes
€5,585▲
2024 · €1,855
Staff costs
€3,664▲
2024 · €1,712
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% 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 0.9% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 39,278 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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€40,166€68,784▲
Fixed assets21/28€20,772€23,645▲
Intangible fixed assets21€12,282€9,695▼
Tangible fixed assets22/27€490€1,950▲
Furniture and vehicles24€490€1,950▲
Financial fixed assets28€8,000€12,000▲
Current assets29/58€19,395€45,139▲
Amounts receivable within one year40/41€9,657€26,658▲
Trade receivables40€6,148€25,982▲
Other amounts receivable41€3,509€676▼
Cash at bank and in hand54/58€8,843€14,024▲
Deferred charges and accrued income490/1€894€4,457▲
Equity and liabilities
Total equity and liabilities10/49€40,166€68,784▲
Equity10/15€10,587€31,339▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€5,587€26,339▲
Amounts payable17/49€29,579€37,445▲
Amounts payable within one year42/48€29,579€29,263▼
Trade debts44€2,102€4,496▲
Suppliers440/4€2,102€4,496▲
Advances received on contracts in progress46€445€0▼
Taxes, remuneration and social security45€4,501€8,560▲
Taxes450/3€3,315€8,451▲
Remuneration and social security454/9€1,186€109▼
Other amounts payable47/48€22,531€16,206▼
Accrued charges and deferred income492/3-€8,182
Income statement Code20242025
Remuneration, social security and pensions62€1,712€3,664▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€723€3,089▲
Other operating charges640/8€22€264▲
Gross operating margin9900€10,245€33,838▲
Operating profit (loss)9901€7,789€26,820▲
Financial income75/76B€1€16▲
Recurring financial income75€1€16▲
Financial charges65/66B€347€501▲
Recurring financial charges65€347€501▲
Profit (loss) for the period before taxes9903€7,443€26,336▲
Income taxes67/77€1,855€5,585▲
Profit (loss) for the period9904€5,587€20,751▲
Profit (loss) for the period to be appropriated9905€5,587€20,751▲
Appropriation of the result
Profit (loss) to be appropriated9906€5,587€26,339▲
Profit (loss) brought forward from the previous period14P-€5,587

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€1,712€3,664▲ 114%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€723€3,089▲ 327%
Other operating charges640/8€22€264▲ 1,100%
Gross operating margin9900€10,245€33,838▲ 230%
Operating profit (loss)9901€7,789€26,820▲ 244%
Financial income75/76B€1€16▲ 1,568%
Recurring financial income75€1€16▲ 1,568%
Financial charges65/66B€347€501▲ 44.1%
Recurring financial charges65€347€501▲ 44.1%
Profit (loss) for the period before taxes9903€7,443€26,336▲ 254%
Income taxes67/77€1,855€5,585▲ 201%
Profit (loss) for the period9904€5,587€20,751▲ 271%
Profit (loss) for the period to be appropriated9905€5,587€20,751▲ 271%
Line20242025Change
Assets
Total assets20/58€40,166€68,784▲ 71.2%
Fixed assets21/28€20,772€23,645▲ 13.8%
Intangible fixed assets21€12,282€9,695▼ 21.1%
Tangible fixed assets22/27€490€1,950▲ 298%
Furniture and vehicles24€490€1,950▲ 298%
Financial fixed assets28€8,000€12,000▲ 50.0%
Current assets29/58€19,395€45,139▲ 133%
Amounts receivable within one year40/41€9,657€26,658▲ 176%
Trade receivables40€6,148€25,982▲ 323%
Other amounts receivable41€3,509€676▼ 80.7%
Cash at bank and in hand54/58€8,843€14,024▲ 58.6%
Deferred charges and accrued income490/1€894€4,457▲ 399%
Equity and liabilities
Total equity and liabilities10/49€40,166€68,784▲ 71.2%
Equity10/15€10,587€31,339▲ 196%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€5,587€26,339▲ 371%
Amounts payable17/49€29,579€37,445▲ 26.6%
Amounts payable within one year42/48€29,579€29,263▼ 1.1%
Trade debts44€2,102€4,496▲ 114%
Suppliers440/4€2,102€4,496▲ 114%
Advances received on contracts in progress46€445€0▼ 100%
Taxes, remuneration and social security45€4,501€8,560▲ 90.2%
Taxes450/3€3,315€8,451▲ 155%
Remuneration and social security454/9€1,186€109▼ 90.8%
Other amounts payable47/48€22,531€16,206▼ 28.1%
Accrued charges and deferred income492/3-€8,182-
Line20242025Change
Profit (loss) for the period9904€5,587€20,751▲ 271%
+ Depreciation and write-downs630€723€3,089▲ 327%
Operating cash flow (approximation)€6,310€23,841▲ 278%
Investment in fixed assets (approximation)--€5,963-
Change in cash-€5,181-

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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
25-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Liquidity doublescurrent ratio 1.54
Current ratio from 0.66 to 1.54; short-term debt falls from €29,579 to €29,263.
2024
12-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, La Hulpe · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
2,082 m²
Building footprint
358 m²
Volume, LiDAR
1,362 m³
2 parcels, Wallonia · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
BRICKSQUARE IMMO
Rue François Dubois 37A, 1310 La HulpeReal estate activities
since 20222.342.639.080
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25050F0015/00M016 Wallonia 1,927 m² 1 · 205 m² 12.4 m · 2 fl.
25050B0016/00R003 Wallonia 154 m² 1 · 152 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 holding

Owners 0

The accounts to 31-03-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 31-03-2025 of BRICKSQUARE IMMO and those 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.

Similar companies · same sector, comparable size

Of 11,755 companies in sector 68310 we hold annual accounts for 6,912. 4,429 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-12-2022
Fiscal year end31-03
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795331209
Registered 04-04-2025

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

Register as of 29 September 2026 · Peppol Directory

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