BRIK PROJECTS
ActiveBRIK PROJECTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94k and a net result of €-23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 13933 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency24▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 1.12 in 2024), and 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
-3.3%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€23k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 d early
2024
48 d early
2023
31 d early
2022
39 d early
2021
94 d early
2020
39 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€94k▼ 19.5%
2024 · €117k
2018: €-203k
2019: €-207k
2020: €-300k
2021: €97k
2022: €130k
2023: €129k
2024: €117k
2018 → 2025
Total assets
€687k▼ 37.1%
2024 · €1.09M
2018: €7k
2019: €6k
2020: €468k
2021: €1.27M
2022: €917k
2023: €892k
2024: €1.09M
2018 → 2025
Net result
€-23k▼ 102%
2024 · €-11k
2018: €-23k
2019: €-5k
2020: €-93k
2021: €398k
2022: €273k
2023: €-1k
2024: €-11k
2018 → 2025
Working capital
€94k▼ 19.5%
2024 · €117k
2018: €-206k
2019: €-210k
2020: €-311k
2021: €415k
2022: €122k
2023: €129k
2024: €117k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€130k▲ 33.6%€129k▼ 0.9%€117k▼ 8.8%€94k▼ 19.5%
Operating result€402k-€278k▼ 30.8%€-751€-11k▼ 1,389%€-8k▲ 32.0%
Net result€398k-€273k▼ 31.4%€-1k€-11k▼ 859%€-23k▼ 102%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €11k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €687k
Equity
€94k▼ 19.5%
Debt
€593k▼ 39.2%
The debt ratio falls from 89.3% to 86.3%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
13.7%▲
2024 · 10.7%
Current ratio
1.16▲
2024 · 1.12
Quick ratio
1.16▲
2024 · 1.12
Debt / equity
6.28▼
2024 · 8.32
ROE
-24.3%▼
2024 · -9.7%
ROA
-3.3%▼
2024 · -1.0%
Debt
€593k▼
2024 · €975k
Debt ≤ 1 year
€593k▼
2024 · €975k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.09M€687k▼
Current assets29/58€1.09M€687k▼
Amounts receivable within one year40/41€1.08M€582k▼
Trade receivables40€0-
Other amounts receivable41€1.08M€582k▼
Cash at bank and in hand54/58€8k€105k▲
Equity and liabilities
Total equity and liabilities10/49€1.09M€687k▼
Equity10/15€117k€94k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€50k€27k▼
Amounts payable17/49€975k€593k▼
Amounts payable within one year42/48€975k€593k▼
Trade debts44€23k€11k▼
Suppliers440/4€23k€11k▼
Bills of exchange payable441€0-
Other amounts payable47/48€952k€581k▼
Income statement
Code20242025
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-9k€-6k▲
Operating profit (loss)9901€-11k€-8k▲
Financial charges65/66B€179€15k▲
Recurring financial charges65€179€15k▲
Profit (loss) for the period before taxes9903€-11k€-23k▼
Profit (loss) for the period9904€-11k€-23k▼
Profit (loss) for the period to be appropriated9905€-11k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€27k▼
Profit (loss) brought forward from the previous period14P€61k€50k▼
Social balance
Average headcount (FTE)90870.0-
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100kEq €130k ▲33.6%
2 profitable years in a row build equity to €130k.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €398k
Net result €398k after 3 loss-making years.
30-09
Financial
Liquidity doublescurrent ratio 1.49
Current ratio from 0.60 to 1.49.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kruisem · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kloosterstraat 319750 KruisemGround area
3,043 m²
Building footprint
270 m²
Volume, LiDAR
2,117 m³
Parcel 45015B0568/00M000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BRIK PROJECTS
since 20112.200.246.446
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45015B0568/00M000 | Flanders | 3,043 m² | 1 · 270 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GRAANKAAI CONSTRUCT
BE 1008.415.958
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CONSTRUCON
BE 0737.409.044
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CLOS DU PARC IMMO
BE 1008.432.289
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ZARRIMMO
BE 0701.857.059
Kortemark · Eq €95k
BLUETECH SERVICES
BE 0538.487.184
Brussel · Eq €94k
Of 9,696 companies in sector 68121 we hold annual accounts for 7,378. 5,287 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-05-2011
Fiscal year end30-09
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.