Turnover
≈ €70,000 estimated
The micro format states no turnover.
BRINKs
Overview
Lifetime
1 annual account with figurespeak €42,994 (2025)
€42,994
peak €2,158 (2025)
€2,158
peak €5,158 (2025)
€5,158
€399,126
Board3 names since 2024
3 directorsCarmen Van Maercke and 2 others
Documentsfilings and deeds
30-09-202661 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€399,126 99% of the balance sheet
Financial debts 91%Suppliers 0%Taxes and wages 0%Other 9%
Of this, €36,538 falls due within a year.
At the same address
7 companies
2025 accounts filed 61 days after the deadline
Checked score
67
Healthy
Financially stronger than 38% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 0.7%lowest value
01-2026: 0.7%● unchanged vs 12-2025lowest value
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.8%▲ +0.1 percentage points vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.9%▲ +0.1 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%● unchanged vs 07-2026highest value
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 0.9%▼ -0.1 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
Liquidity: current ratio 0.23, cash €1,937
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €404,284
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 68, micro). It does better than 21% of them on solvency, 54% on liquidity and 38% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 514 companies had the same profile as BRINKs has now. Each dot stands for 2 companies, two years later.
96.9%
were still trading
1.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRINKs itself: 0.9% within 12 months.
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.
| 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 514 companies, not a prediction for BRINKs. 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 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
Seven signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 17194 sector peers (2025).
NBB · sector comparisonPosition among 17194 sector peers
Solvency
better than 22%
← weakest
strongest →
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 filingDeviation from the deadline
2025
61 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- SALAETS Matthias Juul Josee 100 sharesdeed of 28-11-2024
- STAS Michaël Louis Joseph 100 sharesdeed of 28-11-2024
- VAN MAERCKE Carmen Magdalena Romain 100 sharesdeed of 28-11-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016652842
Incorporation
Founding capital of €3,000, 300 shares · Founders: SALAETS Matthias Juul Josee (oprichter comparant), STAS Michaël Louis Joseph (oprichter comparant) and VAN MAERCKE Carmen Magdalena Romain (oprichter comparant) · Appointments: SALAETS Matthias Juul Josee, STAS Michaël Louis Joseph and VAN MAERCKE Carmen Magdalena Romain · published on 28-11-2024 · Gazette deed
First establishment
Hooikaai 27, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRINKs Brussels | €404,284 | €42,994 | 1.3% | - |
| K.IMMO Anderlecht | €475,583 | €42,257 | -3.4% | - |
| DS3 Lede | €374,837 | €48,849 | 45.6% | - |
| BT Invest Group Merelbeke-Melle | €473,601 | €39,412 | -7.0% | - |
| Sharkos Schaerbeek | €332,828 | €28,296 | -3.7% | - |
| Agoya Real Estate Zwalm | €337,738 | €50,008 | 15.4% | - |
| SEMO INVEST Sint-Niklaas | €493,897 | €33,296 | 23.1% | - |
These companies have the same main activity as BRINKs: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €333,000 and €494,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 26-11-2024Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
- Establishment unit
- 2.368.486.5131000 Brussels, since 26-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 14-04-2025
Insights on BRINKs
BRINKs has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,158 and a net result of €2,158.
Its solvency ranks better than 22% of 17,194 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-09-2026, 61 days late€42,994
€14,917
€2,158
-€28,301
1.3%
0.23
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €70,000. Estimated: probably between €52,000 and €100,000.
Balance sheet
balance sheet total €404,284 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
1.3%
Higher than 22% of 17,194 companies in 2025.
0.23
Higher than 19% of 16,491 companies in 2025.
0.5%
Higher than 42% of 16,870 companies in 2025.
BRINKs
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
404,284 | |
21/28 |
396,047 | |
22/27 |
395,097 | |
22 |
379,009 | |
23 |
323 | |
24 |
2,467 | |
26 |
13,298 | |
28 |
950 | |
29/58 |
8,237 | |
40/41 |
5,959 | |
40 |
4,532 | |
41 |
1,427 | |
54/58 |
1,937 | |
490/1 |
341 | |
| Balance sheet: equity and liabilities | ||
10/49 |
404,284 | |
10/15 |
5,158 | |
10/11 |
3,000 | |
13 |
2,158 | |
133 |
2,158 | |
17/49 |
399,126 | |
17 |
362,588 | |
170/4 |
362,588 | |
42/48 |
36,538 | |
42 |
14,929 | |
44 |
291 | |
440/4 |
291 | |
45 |
176 | |
450/3 |
176 | |
47/48 |
21,142 | |
| Income statement | ||
9900 |
42,994 | |
630 |
20,833 | |
640/8 |
7,244 | |
9901 |
14,917 | |
65/66B |
12,583 | |
65 |
12,583 | |
9903 |
2,334 | |
67/77 |
176 | |
9904 |
2,158 | |
9905 |
2,158 | |
| Appropriation of the result | ||
9906 |
2,158 | |
691/2 |
2,158 | |
6921 |
2,158 | |
| Document | ||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00535514.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00535514 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 35,750 | ||
| 22,991 | ||
| 416,880 | ||
| -28,301 | ||
| 1.3% | ||
| 0.23 | ||
| 77.37 | ||
| 41.8% | ||
| 0.5% | ||
| 2.84 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €415,930 |
| Financial fixed assets | €950 |
| €20,833 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on BRINKs
Debt's share of the balance-sheet total is 98.7%.
Board & ownership
Board
3 directors, since incorporationDirector
since 26-11-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 30-09-2026
Director
since 26-11-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 30-09-2026
Director
since 26-11-2024
listed in the 2025 annual accounts, filed on 30-09-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-11-2024
Mandates through the years
3 names, the dashed line is todayBoard
Mandates as a list
- Carmen Van Maercke
- Director, from 26-11-2024 to date
- Michaël Stas
- Director, from 26-11-2024 to date
- SALAETS Matthias Juul Josee
- Director, from 26-11-2024 to date
Control
Founders
This company
BRINKs
Equity €5,158
Profit €2,158 in 2025
Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- €17.19 in 2025
- Source
- deed of 28-11-2024
Articles of association
deed of 28-11-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 18:00
Shareholders
At incorporation
deed of 28-11-2024 ↗
- SALAETS Matthias Juul Josee 100 shares (33.3%)
- STAS Michaël Louis Joseph 100 shares (33.3%)
- VAN MAERCKE Carmen Magdalena Romain 100 shares (33.3%)
Network & group
No group
BRINKs has no parent and no holdings in its annual accounts.
At the same address
Hooikaai 27, 1000 Brussels · 8 other companies| TANDARTSKABINET VERDI
registered office since 06-01-1994 · founded in 1993 |
total assets €2.2m (2025) 0451.495.705 |
| FAM MP
establishment since 15-09-2003 · founded in 2003 |
total assets €2.0m (2025) 0860.029.714 |
| ASSOCIATION PARTIELLE DE COPROPRIETAIRES GROUPE B - QUAI AU FOIN 27 à 1000 BRUXELLES
registered office since 04-02-2022 |
founded in 2022 0781.701.818 |
| MiSt
registered office since 30-04-2021 |
founded in 2021 0767.707.389 |
| Labro, Camille (sole trader)
establishment since 01-10-2018 |
founded in 2018 0707.807.218 |
| Vecchiarelli, Riccardo (sole trader)
establishment since 01-12-2017 |
founded in 2017 0684.692.118 |
| Couturier, Olivier (sole trader)
establishment since 01-07-2008 |
founded in 2008 0899.859.397 |
| Beroepsvereniging voor fiscale en boekhoudkundige beroepen van Brabant
registered office since 27-04-1978 |
founded in 1978 0831.492.512 |
Connections & network
4 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
FALLOW
via Matthias Salaets · Director · deed of 13-11-2020
Founded in 2020 · total assets €369,003 (2025)
→
CarRaph
via Carmen Van Maercke · Director (not named in the articles) · deed of 30-05-2024
Founded in 2024 · total assets €86,142 (2025)
→
Breekijzer
via Michaël Stas and Carmen Van Maercke (no longer at Breekijzer) · Director · deeds of 13-09-2024 and 23-09-2022
Founded in 2021
→
Matthias Salaets
via Matthias Salaets · Manager (not named in the articles) · deed of 04-02-2021
Founded in 2021
→
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 61 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1016652842
2024
IncorporationFounding capital of €3,000, 300 shares · Founders: SALAETS Matthias Juul Josee (oprichter comparant), STAS Michaël Louis Joseph (oprichter comparant) and VAN MAERCKE Carmen Magdalena Romain (oprichter comparant) · Appointments: SALAETS Matthias Juul Josee, STAS Michaël Louis Joseph and VAN MAERCKE Carmen Magdalena Romain · published on 28-11-202410 points ▸
- Founder, SALAETS Matthias Juul Josee (oprichter comparant)
- Founder, STAS Michaël Louis Joseph (oprichter comparant)
- Founder, VAN MAERCKE Carmen Magdalena Romain (oprichter comparant)
- Founding capital, €3,000, 300 shares
- SALAETS Matthias Juul Josee holds 100 shares
- STAS Michaël Louis Joseph holds 100 shares
- VAN MAERCKE Carmen Magdalena Romain holds 100 shares
- Director appointment, SALAETS Matthias Juul Josee
- Director appointment, STAS Michaël Louis Joseph
- Director appointment, VAN MAERCKE Carmen Magdalena Romain
- The deed holds 4 more points.
First establishment Hooikaai 27, Brussels
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1016.652.842
- VAT number
- BE 1016.652.842
- Peppol ID
- 0208:1016652842
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-11-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 18:00deed of 28-11-2024 (in Dutch)
- Peppol
- Reachable since 14-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- BRINKs in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-11-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Brussels Gewest”deed of 28-11-2024 (in Dutch)
Activities
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
Codes under NACEBEL 2008
68203
Real estate rental main activity
68311
Real estate activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aanleggen, het oordeelkundig uitbouwen, het beheren en verhandelen van onroerend vermogen; Alle verrichtingen, studies en operaties met…”deed of 28-11-2024 (in Dutch)
2 activities
- Het aanleggen, het oordeelkundig uitbouwen, het beheren en verhandelen van onroerend vermogen;
- Alle verrichtingen, studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de aanpassing, de binnenhuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hooikaai 27 registered office 1000 Brussels | 26-11-2024 | 2.368.486.513 |
Buildings and parcels at the address
- Ground area
- 376 m²
- Buildings
- 276 m²
- Volume, LiDAR
- 7,145 m³
- Tallest building
- 29.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21812N1361/00M000 | 376 m² | 1 · 276 m² | 29.3 m · 9 |