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BRIXIMM

Active
Private limited companyfounded 20215 yrs activeJezus Eiklaan 44/B, 3080 Tervuren, BelgiumKBO/BCE: BE 0769.623.932
Summary

BRIXIMM has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €11,589 and a net result of €2,616. Equity is growing by ~48.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 116 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2026
Axes · tick = 2025
Profitability34▼-6
Solvency27▼-2
Growth52▼-23
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.96 in 2025; short-term debt: 97.6% and cash: 26.1% of total assets), and 97.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
2.4%
Return on assets
0.5%
Age of the figures
6 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 116 sector peers (2026).
NBB · sector comparison
Position among 116 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 04-09-2026, 57 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
57 d early
2025
53 d early
2024
on the day
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
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

BRIXIMM was incorporated on 11 June 2021 as a Private limited company.1 Total assets fell from EUR 603,058 in 2023 to EUR 478,399 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2026

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Financials · fiscal year 2026, abbreviated schema

Equity
€11,589▲ 29.2%
2025 · €8,973
Total assets
€478,399▲ 91.0%
2025 · €250,514
Net result
€2,616▼ 56.2%
2025 · €5,973
Working capital
€4,685
2025 · -€10,264
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2023202420252026
Operating result€25,776-€18,658▼ 27.6%€26,281▲ 40.9%€25,251▼ 3.9%
Net result€5,973€2,616▼ 56.2%
Equity€3,000-€3,000=€8,973▲ 199%€11,589▲ 29.2%
Total assets€603,058-€956,910▲ 58.7%€250,514▼ 73.8%€478,399▲ 91.0%
Debt€600,058-€953,910▲ 59.0%€241,542▼ 74.7%€466,810▲ 93.3%
Working capital€257,614-€488,443▲ 89.6%-€10,264€4,685
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2026 Total assets +91% on 2025. Cause not known from the registers.
  • 2025 Total assets -74% on 2024. Cause not known from the registers.
  • 2024 Total assets +59% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2023: €25,776€25,776Operating result 2024: €18,658€18,658Operating result 2025: €26,281€26,281Net result 2025: €5,973€5,973Operating result 2026: €25,251€25,251Net result 2026: €2,616€2,6162023202420252026€0€10,000€20,000€30,000Operating result 2024: €18,658€18,700Operating result 2025: €26,281€26,300Net result 2025: €5,973€5,970Operating result 2026: €25,251€25,300Net result 2026: €2,616€2,620202420252026
The operating result falls in 2026; 2026 is 4% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €478,399
Fixed assets €6,904 ▼ 64.1%
Current assets €471,495 ▲ 104%
Equity and liabilities €478,399
Equity €11,589 ▲ 29.2%
Debt €466,810 ▲ 93.3%
Debt's share of the balance-sheet total rises from 96.4% to 97.6%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€37,584▼
2025 · €38,614
Cash flow
€14,950▼
2025 · €18,306
Current ratio
1.01▲
2025 · 0.96
Quick ratio
0.40▼
2025 · 0.43
Debt to equity
40.28▲
2025 · 26.92
ROE
22.6%▼
2025 · 66.6%
ROA
0.5%▼
2025 · 2.4%
Interest coverage
1.78▼
2025 · 2.22
Debt ≤ 1 year
€466,810▲
2025 · €241,542
Income taxes
€1,462▼
2025 · €3,117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,600 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.6% went bankrupt
1.7% stopped otherwise
96% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,600 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 42 lines
Balance sheet Code20252026
Assets
Total assets20/58€250,514€478,399▲
Fixed assets21/28€19,237€6,904▼
Tangible fixed assets22/27€18,837€6,504▼
Furniture and vehicles24€18,837€6,504▼
Financial fixed assets28€400€400=
Current assets29/58€231,277€471,495▲
Stocks and contracts in progress3€126,914€286,787▲
Stocks30/36€126,914€286,787▲
Amounts receivable within one year40/41€73,189€53,730▼
Trade receivables40€73,189€47,063▼
Other amounts receivable41-€6,667
Cash at bank and in hand54/58€23,789€124,683▲
Deferred charges and accrued income490/1€7,385€6,296▼
Equity and liabilities
Total equity and liabilities10/49€250,514€478,399▲
Equity10/15€8,973€11,589▲
Contributions10/11€3,000€3,000=
Reserves13€5,973€8,589▲
Distributable reserves133€5,973€8,589▲
Amounts payable17/49€241,542€466,810▲
Amounts payable within one year42/48€241,542€466,810▲
Current portion of amounts payable after more than one year42€70,000€304,500▲
Trade debts44€11,955€13,602▲
Suppliers440/4€11,955€13,602▲
Taxes, remuneration and social security45€12,340€1,462▼
Taxes450/3€12,340€1,462▼
Other amounts payable47/48€147,246€147,246=
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,333€12,333=
Other operating charges640/8€1,200€889▼
Gross operating margin9900€39,815€38,473▼
Operating profit (loss)9901€26,281€25,251▼
Financial income75/76B€212€0▼
Recurring financial income75€0€0▼
Non-recurring financial income76B€212-
Financial charges65/66B€17,403€21,173▲
Recurring financial charges65€17,403€21,173▲
Profit (loss) for the period before taxes9903€9,090€4,078▼
Income taxes67/77€3,117€1,462▼
Profit (loss) for the period9904€5,973€2,616▼
Profit (loss) for the period to be appropriated9905€5,973€2,616▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,973€2,616▼
Transfer to equity691/2€5,973€2,616▼
To other reserves6921€5,973€2,616▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,042€12,333€12,333=
Other operating charges640/8€745€602€1,200€889▼ 26.0%
Gross operating margin9900€26,521€25,302€39,815€38,473▼ 3.4%
Operating profit (loss)9901€25,776€18,658€26,281€25,251▼ 3.9%
Financial income75/76B€6€83€212€0▼ 100.0%
Recurring financial income75€6€83€0€0▼ 33.3%
Non-recurring financial income76B--€212--
Financial charges65/66B€25,632€18,694€17,403€21,173▲ 21.7%
Recurring financial charges65€25,632€18,694€17,403€21,173▲ 21.7%
Profit (loss) for the period before taxes9903€150€47€9,090€4,078▼ 55.1%
Income taxes67/77€150€47€3,117€1,462▼ 53.1%
Profit (loss) for the period9904--€5,973€2,616▼ 56.2%
Profit (loss) for the period to be appropriated9905--€5,973€2,616▼ 56.2%
Line2023202420252026Change
Assets
Total assets20/58€603,058€956,910€250,514€478,399▲ 91.0%
Fixed assets21/28-€31,358€19,237€6,904▼ 64.1%
Tangible fixed assets22/27-€30,958€18,837€6,504▼ 65.5%
Furniture and vehicles24-€30,958€18,837€6,504▼ 65.5%
Financial fixed assets28-€400€400€400=
Current assets29/58€603,058€925,552€231,277€471,495▲ 104%
Stocks and contracts in progress3-€32,222€126,914€286,787▲ 126%
Stocks30/36-€32,222€126,914€286,787▲ 126%
Amounts receivable within one year40/41-€41,849€73,189€53,730▼ 26.6%
Trade receivables40-€41,849€73,189€47,063▼ 35.7%
Other amounts receivable41---€6,667-
Cash at bank and in hand54/58€591,688€842,997€23,789€124,683▲ 424%
Deferred charges and accrued income490/1€11,369€8,485€7,385€6,296▼ 14.7%
Equity and liabilities
Total equity and liabilities10/49€603,058€956,910€250,514€478,399▲ 91.0%
Equity10/15€3,000€3,000€8,973€11,589▲ 29.2%
Contributions10/11€3,000€3,000€3,000€3,000=
Reserves13--€5,973€8,589▲ 43.8%
Distributable reserves133--€5,973€8,589▲ 43.8%
Amounts payable17/49€600,058€953,910€241,542€466,810▲ 93.3%
Amounts payable within one year42/48€345,444€437,109€241,542€466,810▲ 93.3%
Current portion of amounts payable after more than one year42€165,000€165,000€70,000€304,500▲ 335%
Trade debts44€5,742€12,434€11,955€13,602▲ 13.8%
Suppliers440/4€5,742€12,434€11,955€13,602▲ 13.8%
Taxes, remuneration and social security45€27,985€112,929€12,340€1,462▼ 88.2%
Taxes450/3€27,985€112,929€12,340€1,462▼ 88.2%
Other amounts payable47/48€146,716€146,746€147,246€147,246=
Accrued charges and deferred income492/3€254,614€516,801---
Line2023202420252026Change
Profit (loss) for the period9904--€5,973€2,616▼ 56.2%
+ Depreciation and write-downs630-€6,042€12,333€12,333=
Operating cash flow (approximation)-€6,042€18,306€14,950▼ 18.3%
Investment in fixed assets (approximation)---€212€0▲ 100%
Change in cash-€251,308-€819,208€100,893▲ 112%

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

Next filing, fiscal year 2027, expected by 31-10-2027
2026
04-09
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
08-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Tervuren · 1 establishment unit since 2021
seat establishment approximate The establishment unit on the map
Ground area
581 m²
Parcel 24302F0054/00P003, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BRIXIMM
Jezus Eiklaan 44/B, 3080 TervurenReal estate development
since 20212.319.158.548
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24302F0054/00P003 Flanders 581 m² - -
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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. FREKS 100%
  2. BRIXIMM

Highest known parent: FREKS. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-03-2026 list no holdings, and no other source names one.

According to the annual accounts to 31-03-2026 of BRIXIMM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 3,298 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
Founded11-06-2021
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0769623932
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

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