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BRICORE

Active Private limited companyfounded 2025active for 1 yearLange Lozanastraat 142, 2018 AntwerpKBO/BCE: BE 1020.503.544

Lifetime

1 annual account with figures
peak €45,649 (2025)
€45,649 
peak €33,282 (2025)
€33,282 
peak €40,282 (2025)
€40,282 
€118,831 
Board2 names since 2025
2 directorsNikita SARANIN and 1 other
Documentsfilings and deeds
04-09-202635 days late
2025micro format
Incorporation 03-031 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €320,000 estimated

The micro format states no turnover.

Debts

€118,831 75% of the balance sheet
Suppliers 87%Taxes and wages 11%Other 1%

Board

1 left

A director left. Latest change 11-03-2026 · 1 in office.

Position in the sector

€33,282

Higher net result than 80% of companies in construction of buildings. Sector median €8,551 · 9,446 companies.

2025 accounts filed 35 days after the deadline

Checked score

35
Weak
Financially stronger than 39% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
7.0% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 03-2026: 3.6%lowest value 04-2026: 3.6%● unchanged vs 03-2026lowest value 05-2026: 3.7%▲ +0.1 percentage points vs 04-2026 06-2026: 4.1%▲ +0.4 percentage points vs 05-2026 07-2026: 4.2%▲ +0.1 percentage points vs 06-2026 08-2026: 4.6%▲ +0.4 percentage points vs 07-2026 09-2026: 4.6%● unchanged vs 08-2026 10-2026: 7.0%▲ +2.4 percentage points vs 09-2026highest value 11-2026: 7.0%● unchanged vs 10-2026highest value

Financial strength
Average

50equity 25.3% of total assets
10short-term debt 74.7% · cash 0.0%
90return on assets 20.9%

Score breakdown

raises risk
Founded in 2025
Sector: Construction of residential and non-residential buildings (NACE 41)
Liquidity: current ratio 1.32, cash €21
Size: total assets €159,113
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 41, micro). It does better than 32% of them on solvency, 9% on liquidity and 75% on profitability.

The bankruptcy probability was computed on 08-11-2026 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 elevated class on 30-06-2025, 6.3% 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).

Comparable companies, two years later

In July 2024, 2,390 companies had the same profile as BRICORE has now. Each dot stands for 6 companies, two years later.

96.6%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of BRICORE itself is higher: 7.0% within 12 months. It rests on far more data about BRICORE than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,390 companies, not a prediction for BRICORE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity is tight, with a current ratio of 1.32, below the usual 1.5. Short-term debt is 74.7% and cash 0% of total assets. 74.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Liquidity: current ratio 1.32, cash €21
NBB · annual accounts
raises risk · Size: total assets €159,113
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 35 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
35 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

NS
Director, since 27-02-2025
  • SARANIN Nikita 60 sharesdeed of 03-03-2025
  • KACHNIUK Roman 60 sharesdeed of 03-03-2025
Board & ownership

Recent changes

Resignation: Kachniuk Roman (director) Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1020503544
Incorporation Founding capital of €7,000, 120 shares · Founders: SARANIN Nikita and KACHNIUK Roman · Appointments: SARANIN Nikita (director) and KACHNIUK Roman (director) · published on 03-03-2025 · Gazette deed
First establishment Lange Lozanastraat 142, Antwerp
All 5 events

Comparable companies

same main activity, similar in size and age
Company
BRICORE Antwerp €159,113 €45,649 25.3% -
Arcton Asse €215,831 €48,647 -17.3% -
Gheleyns Engineering Oostkamp €122,297 €61,423 36.5% -
ASSET CONSTRUCT Zaventem €189,777 €34,265 12.8% -
Bouwwerken Maes Achim Poperinge €123,684 €71,736 1.4% -
Uligro Pajottegem €124,377 €57,200 61.0% -
WALLAUER SOLUTIONS Sint-Pieters-Leeuw €89,239 €48,386 40.6% -

These companies have the same main activity as BRICORE: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €89,200 and €216,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 27-02-2025Normal situation
Registered office
168 active companies are registered at this address17 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
General construction of other non-residential buildingsNACE 41003and 2 others
Establishment unit
2.370.541.1312018 Antwerp, since 27-02-2025
Financial year end
31 December
Peppol
Reachable since 07-05-2025
Company details

Annual accounts 2025

€159,113
Filing
Filed on 04-09-2026
Financials

Insights on BRICORE

The computed 12-month bankruptcy probability of BRICORE is 7.0% (elevated). The 2025 annual accounts show equity of €40,282 and a net result of €33,282.

Its solvency ranks better than 32% of 9,456 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BRICORE

What is the company number of BRICORE?
The company number of BRICORE is 1020.503.544. The VAT number is the same number with BE in front: BE 1020.503.544.
Where is BRICORE based?
The registered office is at Lange Lozanastraat 142, 2018 Antwerp.Company details
What does BRICORE do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of BRICORE?
BRICORE is a private limited company (BV).
When was BRICORE founded?
BRICORE was founded on 27-02-2025.
Is BRICORE still active?
Yes, BRICORE is an active enterprise in the KBO register.
What is the turnover of BRICORE?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €45,649 and 169 comparable companies (NACE 410). It probably lies between €170,000 and €570,000.Financials
Is BRICORE profitable?
In financial year 2025, BRICORE made a profit of €33,282.
Where can I find the annual accounts of BRICORE?
BRICORE filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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