Turnover
≈ €120,000 estimated
The micro format states no turnover.
BRIXH CONSTRUCTION
Lifetime
1 annual account with figurespeak €10,132 (2024)
€10,132
peak €9,592 (2024)
€9,592
peak €13,092 (2024)
€13,092
€33,956
Board1 name since 2024
1 directorBRIGJA Gjovalin
Documentsfilings and deeds
01-07-202530 days before the deadline
2024micro format
Incorporation 08-051 establishment registeredFirst year with figures
Key points
from the 2024 annual accountsDebts
€33,956 72% of the balance sheet
Suppliers 71%Taxes and wages 0%Other 28%
Starting capital
€3,500 100 shares
Checked score
39
Weak
Financially stronger than 49% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.4% 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 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 3.6%
07-2025: 3.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%▼ -1.9 percentage points vs 07-2025lowest value
09-2025: 1.9%▲ +0.1 percentage points vs 08-2025
10-2025: 2.0%▲ +0.1 percentage points vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.1%▲ +0.1 percentage points vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.3%▲ +0.2 percentage points vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.4%▲ +0.1 percentage points vs 06-2026
08-2026: 3.3%▲ +0.9 percentage points vs 07-2026
09-2026: 3.7%▲ +0.4 percentage points vs 08-2026
10-2026: 4.4%▲ +0.7 percentage points vs 09-2026highest value
11-2026: 4.4%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 01-07-2025)
Founded in 2024
Size: total assets €47,048
Sector: Construction of residential and non-residential buildings (NACE 41)
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 35% of them on solvency, 40% on liquidity and 73% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2024.
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, 7,976 companies had the same profile as BRIXH CONSTRUCTION has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRIXH CONSTRUCTION itself: 4.4% 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 7,976 companies, not a prediction for BRIXH CONSTRUCTION. 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 €500 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 1.39, below the usual 1.5. Short-term debt is 72.2% and cash 25.1% of total assets. 72.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 30 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1009118516
First establishment
Treft 62, Grimbergen
Incorporation
Founding capital of €3,500, 100 shares · Founder: BRIGJA Gjovalin · Appointment: BRIGJA Gjovalin (director) · published on 08-05-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRIXH CONSTRUCTION Grimbergen | - | - | 27.8% | - |
| CASA RENOVA Ternat | - | - | 54.0% | - |
| Decoplan Rotselaar | - | - | 48.4% | - |
| ALG DIM Evolution Drogenbos | - | - | 5.8% | - |
| ADRISA TECH Londerzeel | - | - | 39.1% | - |
| BALO TOITURE Wezembeek-Oppem | €79,613 | 10.0% | 18.6% | - |
| MAXBUILDING Sint-Pieters-Leeuw | €297,133 | 2.9% | 29.2% | - |
These companies have the same main activity as BRIXH CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €38,900 and €53,200, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 06-05-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.359.230.2381853 Grimbergen, since 13-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 24-02-2026
Annual accounts 2024
- €47,048
- Filing
- Filed on 01-07-2025, 30 days before the end of the filing period
Insights on BRIXH CONSTRUCTION
The computed 12-month bankruptcy probability of BRIXH CONSTRUCTION is 4.4% (elevated). The 2024 annual accounts show equity of €13,092 and a net result of €9,592.
Its solvency ranks better than 35% of 9,833 sector peers (NACE 41, financial year 2024). The company has been active since 2024 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 BRIXH CONSTRUCTION
- What is the company number of BRIXH CONSTRUCTION?
- The company number of BRIXH CONSTRUCTION is 1009.118.516. The VAT number is the same number with BE in front: BE 1009.118.516.
- Where is BRIXH CONSTRUCTION based?
- The registered office is at Treft 62, 1853 Grimbergen.Company details
- What does BRIXH CONSTRUCTION do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of BRIXH CONSTRUCTION?
- BRIXH CONSTRUCTION is a private limited company (BV).
- When was BRIXH CONSTRUCTION founded?
- BRIXH CONSTRUCTION was founded on 06-05-2024.
- Is BRIXH CONSTRUCTION still active?
- Yes, BRIXH CONSTRUCTION is an active enterprise in the KBO register.
- What is the turnover of BRIXH CONSTRUCTION?
- The turnover in financial year 2024 is ≈ €120,000. This figure is estimated from the gross margin of €10,132 and 263 comparable companies (NACE 41001). It probably lies between €63,000 and €220,000. It is a rough estimate.Financials
- Is BRIXH CONSTRUCTION profitable?
- In financial year 2024, BRIXH CONSTRUCTION made a profit of €9,592.
- Where can I find the annual accounts of BRIXH CONSTRUCTION?
- BRIXH CONSTRUCTION filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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