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Brix².Build

Open bankruptcy
Private limited company (pre-2019)founded 2011Poederleesteenweg 92, 2460 Kasterlee, BelgiumKBO/BCE: BE 0840.015.842
Summary

A bankruptcy procedure is open for Brix².Build according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €1.0m and a net result of €91,204.

Brix².BuildOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Turnhout division
Declared bankrupt
24 December 2024
Supervising judge
Rob Willems
Official Gazette
31-12-2024 (pdf) ↗search the document for 2024/151760

Deadlines

Provisional date payments stopped
24 December 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 15 January 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 23 January 2025art. XX.104 and XX.155 CEL
First verification report
passed on 4 February 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 24 December 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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

On 3 October 2011, Brix².Build was incorporated.1 Total assets went from EUR 725,712 in 2018 to EUR 8.1 million in 2023 and headcount from 4.5 to 14.7 full-time equivalents.2 The company was declared bankrupt on 24 December 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 31-12-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, abbreviated schema

Equity
€1.0m▲ 9.7%
2022 · €940,737
Total assets
€8.1m▲ 76.4%
2022 · €4.6m
Net result
€91,204▲ 25.5%
2022 · €72,675
Working capital
€4.6m▲ 142%
2022 · €1.9m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20192020202120222023
Operating result€316,548▲ 2,543%€402,298▲ 27.1%€203,043▼ 49.5%€133,610▼ 34.2%€126,971▼ 5.0%
Net result€213,791▲ 5,410%€259,665above the sector's middle half▲ 21.5%€128,231above the sector's middle half▼ 50.6%€72,675within the sector's middle half▼ 43.3%€91,204within the sector's middle half▲ 25.5%
Equity€480,166▲ 80.3%€739,831above the sector's middle half▲ 54.1%€868,062above the sector's middle half▲ 17.3%€940,737above the sector's middle half▲ 8.4%€1.0mabove the sector's middle half▲ 9.7%
Total assets€1.5m▲ 100%€2.1mabove the sector's middle half▲ 42.1%€3.2mabove the sector's middle half▲ 54.4%€4.6mabove the sector's middle half▲ 43.7%€8.1mabove the sector's middle half▲ 76.4%
Debt€972,094▲ 112%€1.3m▲ 36.1%€2.3m▲ 75.1%€3.6m▲ 56.9%€7.0m▲ 93.7%
Working capital€791,229▲ 192%€851,711▲ 7.6%€1.5m▲ 79.9%€1.9m▲ 24.6%€4.6m▲ 142%
Solvency33.1%▼ 3.6pp35.9%within the sector's middle half▲ 2.8pp27.3%within the sector's middle half▼ 8.6pp20.6%below the sector's middle half▼ 6.7pp12.8%below the sector's middle half▼ 7.8pp
Staff (FTE)6.4▲ 42.2%10.1within the sector's middle half▲ 57.8%15.3above the sector's middle half▲ 51.5%14.5above the sector's middle half▼ 5.2%14.7above the sector's middle half▲ 1.4%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000Operating result 2019: €316,548€316,548Net result 2019: €213,791€213,791Operating result 2020: €402,298€402,298Net result 2020: €259,665€259,665Operating result 2021: €203,043€203,043Net result 2021: €128,231€128,231Operating result 2022: €133,610€133,610Net result 2022: €72,675€72,675Operating result 2023: €126,971€126,971Net result 2023: €91,204€91,20420192020202120222023€0€100,000€200,000Operating result 2021: €203,043€203,000Net result 2021: €128,231€128,000Operating result 2022: €133,610€134,000Net result 2022: €72,675€72,700Operating result 2023: €126,971€127,000Net result 2023: €91,204€91,200202120222023
The operating result has fallen three years in a row; 2023 is 5% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €8.1m
Fixed assets €367,325 ▼ 12.4%
Current assets €7.7m ▲ 85.4%
Equity and liabilities €8.1m
Equity €1.0m ▲ 9.7%
Debt €7.0m ▲ 93.7%
Debt's share of the balance-sheet total rises from 79.4% to 87.2%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€262,919▼
2022 · €274,463
Cash flow
€227,151▲
2022 · €213,528
Current ratio
2.51▲
2022 · 1.85
Quick ratio
1.45▲
2022 · 0.76
Debt to equity
6.82▲
2022 · 3.86
ROE
8.8%▲
2022 · 7.7%
ROA
1.1%▼
2022 · 1.6%
Interest coverage
2.74▼
2022 · 3.24
Debt ≤ 1 year
€3.1m▲
2022 · €2.2m
Debt > 1 year
€3.8m▲
2022 · €1.4m
Income taxes
€31,187▲
2022 · €18,719
Staff costs
€841,126▲
2022 · €817,153
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 59 lines
Balance sheet Code20222023
Assets
Total assets20/58€4.6m€8.1m▲
Fixed assets21/28€419,375€367,325▼
Intangible fixed assets21€59,850€31,779▼
Tangible fixed assets22/27€356,985€312,357▼
Land and buildings22€98,010€82,806▼
Plant, machinery and equipment23€201,800€116,816▼
Furniture and vehicles24€57,176€112,735▲
Financial fixed assets28€2,540€23,189▲
Current assets29/58€4.2m€7.7m▲
Amounts receivable after more than one year29€64,500€64,500=
Other amounts receivable291€64,500€64,500=
Stocks and contracts in progress3€2.4m€3.2m▲
Stocks30/36€2.1m€2.8m▲
Contracts in progress37€395,732€417,351▲
Amounts receivable within one year40/41€1.3m€2.3m▲
Trade receivables40€1.3m€1.8m▲
Other amounts receivable41-€463,861
Cash at bank and in hand54/58€212,221€916,172▲
Deferred charges and accrued income490/1€136,506€1.2m▲
Equity and liabilities
Total equity and liabilities10/49€4.6m€8.1m▲
Equity10/15€940,737€1.0m▲
Contributions10/11€6,300€6,300=
Reserves13€729,049€729,049=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€727,189€727,189=
Profit (loss) carried forward14€205,388€296,591▲
Amounts payable17/49€3.6m€7.0m▲
Amounts payable after more than one year17€1.4m€3.8m▲
Financial debts170/4€1.4m€3.8m▲
Amounts payable within one year42/48€2.2m€3.1m▲
Current portion of amounts payable after more than one year42€101,122€59,791▼
Trade debts44€2.0m€2.6m▲
Suppliers440/4€2.0m€2.6m▲
Taxes, remuneration and social security45€63,878€188,379▲
Taxes450/3€50,457€168,180▲
Remuneration and social security454/9€13,422€20,199▲
Other amounts payable47/48€50,151€270,246▲
Accrued charges and deferred income492/3-€145,200
Income statement Code20222023
Non-recurring operating income76A-€62,425
Remuneration, social security and pensions62€817,153€841,126▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€140,853€135,947▼
Other operating charges640/8€74,015€40,107▼
Non-recurring operating charges66A€374€69,061▲
Gross operating margin9900€1.2m€1.2m▲
Operating profit (loss)9901€133,610€126,971▼
Financial income75/76B€42,373€91,280▲
Recurring financial income75€42,373€91,280▲
Financial charges65/66B€84,589€95,861▲
Recurring financial charges65€84,589€95,861▲
Profit (loss) for the period before taxes9903€91,393€122,390▲
Income taxes67/77€18,719€31,187▲
Profit (loss) for the period9904€72,675€91,204▲
Profit (loss) for the period to be appropriated9905€72,675€91,204▲
Appropriation of the result
Profit (loss) to be appropriated9906€278,063€296,591▲
Profit (loss) brought forward from the previous period14P€205,388€205,388=
Transfer to equity691/2€72,675€0▼
To other reserves6921€72,675€0▼
Social balance
Average headcount (FTE)908714.514.7▲

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A----€62,425-
Remuneration, social security and pensions62--€761,740€817,153€841,126▲ 2.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101,062€75,728€129,078€140,853€135,947▼ 3.5%
Other operating charges640/8--€16,947€74,015€40,107▼ 45.8%
Non-recurring operating charges66A---€374€69,061▲ 18,390%
Gross operating margin9900€781,623€1.1m€1.1m€1.2m€1.2m▲ 4.0%
Operating profit (loss)9901€316,548€402,298€203,043€133,610€126,971▼ 5.0%
Financial income75/76B--€30,791€42,373€91,280▲ 115%
Recurring financial income75€20,570€15,321€30,791€42,373€91,280▲ 115%
Financial charges65/66B--€58,228€84,589€95,861▲ 13.3%
Recurring financial charges65€32,070€37,458€58,228€84,589€95,861▲ 13.3%
Profit (loss) for the period before taxes9903€305,048€380,161€175,606€91,393€122,390▲ 33.9%
Income taxes67/77€91,256€120,495€47,375€18,719€31,187▲ 66.6%
Profit (loss) for the period9904€213,791€259,665€128,231€72,675€91,204▲ 25.5%
Profit (loss) for the period to be appropriated9905€213,791€259,665€128,231€72,675€91,204▲ 25.5%
Line20192020202120222023Change
Assets
Total assets20/58€1.5m€2.1m€3.2m€4.6m€8.1m▲ 76.4%
Fixed assets21/28€234,508€170,668€399,811€419,375€367,325▼ 12.4%
Intangible fixed assets21€1,122-€67,250€59,850€31,779▼ 46.9%
Tangible fixed assets22/27€230,886€168,168€330,020€356,985€312,357▼ 12.5%
Land and buildings22--€27,380€98,010€82,806▼ 15.5%
Plant, machinery and equipment23--€267,254€201,800€116,816▼ 42.1%
Furniture and vehicles24--€35,386€57,176€112,735▲ 97.2%
Financial fixed assets28€2,500€2,500€2,540€2,540€23,189▲ 813%
Current assets29/58€1.2m€1.9m€2.8m€4.2m€7.7m▲ 85.4%
Amounts receivable after more than one year29--€64,500€64,500€64,500=
Other amounts receivable291--€64,500€64,500€64,500=
Stocks and contracts in progress3€306,532€99,975€1.2m€2.4m€3.2m▲ 32.3%
Stocks30/36--€1.2m€2.1m€2.8m▲ 37.5%
Contracts in progress37---€395,732€417,351▲ 5.5%
Amounts receivable within one year40/41€271,714€1.4m€1.4m€1.3m€2.3m▲ 74.2%
Trade receivables40--€1.3m€1.3m€1.8m▲ 38.4%
Other amounts receivable41--€142,562-€463,861-
Cash at bank and in hand54/58€618,939€171,294€89,177€212,221€916,172▲ 332%
Deferred charges and accrued income490/1--€32,677€136,506€1.2m▲ 801%
Equity and liabilities
Total equity and liabilities10/49€1.5m€2.1m€3.2m€4.6m€8.1m▲ 76.4%
Equity10/15€480,166€739,831€868,062€940,737€1.0m▲ 9.7%
Contributions10/11€6,300-€6,300€6,300€6,300=
Reserves13€396,709€656,375€656,375€729,049€729,049=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Distributable reserves133--€654,515€727,189€727,189=
Profit (loss) carried forward14€77,157€77,157€205,388€205,388€296,591▲ 44.4%
Amounts payable17/49€972,094€1.3m€2.3m€3.6m€7.0m▲ 93.7%
Amounts payable after more than one year17€545,571€282,547€1.1m€1.4m€3.8m▲ 175%
Financial debts170/4--€1.1m€1.4m€3.8m▲ 175%
Amounts payable within one year42/48€426,522€1.0m€1.3m€2.2m€3.1m▲ 36.9%
Current portion of amounts payable after more than one year42--€134,292€101,122€59,791▼ 40.9%
Trade debts44€272,626€714,683€1.0m€2.0m€2.6m▲ 25.8%
Suppliers440/4--€1.0m€2.0m€2.6m▲ 25.8%
Taxes, remuneration and social security45--€79,244€63,878€188,379▲ 195%
Taxes450/3--€79,244€50,457€168,180▲ 233%
Remuneration and social security454/9---€13,422€20,199▲ 50.5%
Other amounts payable47/48--€20,281€50,151€270,246▲ 439%
Accrued charges and deferred income492/3----€145,200-
Line20192020202120222023Change
Profit (loss) for the period9904€213,791€259,665€128,231€72,675€91,204▲ 25.5%
+ Depreciation and write-downs630€101,062€75,728€129,078€140,853€135,947▼ 3.5%
Operating cash flow (approximation)€314,853€335,394€257,309€213,528€227,151▲ 6.4%
Investment in fixed assets (approximation)--€11,888-€358,221-€160,418-€83,897▲ 47.7%
Change in cash--€447,645-€82,117€123,044€703,952▲ 472%

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

2024
31-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 24-12-2024
18-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 110 days late
2023
31-12
Financial Equity above €1mEq €1.0m ▲9.7%
6 profitable years in a row build equity to €1.0m.
15-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €259,665 ▲21.5%
Operating result €402,298, net result €259,665, both a record.
31-12
Financial Equity above €500,000Eq €739,831 ▲54.1%
3 profitable years in a row build equity to €739,831.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
11-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 11 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Kasterlee · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
3,988 m²
Building footprint
1,092 m²
Volume, LiDAR
1,140 m³
Parcel 13018F1375/00V000, Flanders · tallest building 10.3 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Brix2.build
Poederleesteenweg 92, 2460 KasterleeManufacture of rubber and plastic products
since 20112.202.967.889
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13018F1375/00V000 Flanders 3,988 m² 1 · 1,092 m² 10.3 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator LUC PLESSERS
DE MERODELEI 37, 2300 TURNHOUT-
24-12-2024 → present
Curator CAROLINE DE LEPELEIRE
DE MERODELEI 37, 2300 TURNHOUT
24-12-2024 → present

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 32,959 EUR awarded · 32,894 EUR paid
Year Entries awardedpaid
2025 1 2,869 EUR2,869 EUR
2024 2 5,028 EUR5,763 EUR
2023 2 13,043 EUR12,243 EUR
2022 2 12,019 EUR12,019 EUR
Schemes
3 entries · 25,875 EUR · 25,875 EUR paid · Departement Werk en Sociale Economie
3 entries · 4,215 EUR · 4,150 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 2,869 EUR · 2,869 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

3 live approvals
Binnen- en buitenschrijnwerk duaal (so)
Goedgekeurd · 2024 to 2029
Machinaal houtbewerker duaal (so)
Goedgekeurd · 2024 to 2029
Medewerker hout duaal (so)
Goedgekeurd · 2024 to 2029

Legal Entity Identifier

98450094C9CA8F136D63
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 751 companies in sector 43422 we hold annual accounts for 424. 190 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 (pre-2019)
Founded03-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
43230Insulation installation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0840015842
Registered 25-09-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

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