Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Less equity than 82% of companies in real estate. Sector median €289,455 · 411 companies.
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 23% of them on solvency, 25% on liquidity, 29% on profitability and 80% on growth.
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 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
In July 2024, 1,603 companies had the same profile as BRIXIMM has now. Each dot stands for 5 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BRIXIMM itself is lower: 0.1% within 12 months. It rests on far more data about BRIXIMM than the profile alone.
The method was tested on the 497,448 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 1,603 companies, not a prediction for BRIXIMM. 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.
Liquidity is tight, with a current ratio of 1.01 (0.96 in 2025), below the usual 1.5. Short-term debt is 97.6% and cash 26.1% of total assets. 97.6% of the assets are financed with debt and provisions.
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.
The company filed its last 4 accounts on average 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BRIXIMM Tervuren | €478,399 | €38,473 | 2.4% | - |
| Simul Invest Merchtem | €569,740 | €62,270 | 3.5% | - |
| DIMO Construct Houthulst | €486,366 | €43,375 | 11.0% | - |
| SOD RED Anderlues | €456,422 | €41,100 | 1.8% | - |
| DBC Built Maldegem | €532,881 | €33,881 | 26.1% | - |
| MFV FACTORY Assesse | €527,639 | €37,460 | -1.2% | - |
| Ness Berlare | €525,807 | €37,881 | 20.0% | - |
These companies have the same main activity as BRIXIMM: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €456,000 and €570,000, founded in 2021.
BRIXIMM files the abbreviated format. That format states no turnover. The gross margin rose from €26,521 in 2023 to €38,473 in 2026.
FREKS holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €58,000 and €220,000.
Higher than 22% of 11,297 companies in 2025.
Higher than 42% of 10,849 companies in 2025.
Higher than 61% of 11,182 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
478,399 | 250,514 | 956,910 | 603,058 | |
21/28 |
6,904 | 19,237 | 31,358 | - | |
22/27 |
6,504 | 18,837 | 30,958 | - | |
24 |
6,504 | 18,837 | 30,958 | - | |
28 |
400 | 400 | 400 | - | |
29/58 |
471,495 | 231,277 | 925,552 | 603,058 | |
3 |
286,787 | 126,914 | 32,222 | - | |
30/36 |
286,787 | 126,914 | 32,222 | - | |
40/41 |
53,730 | 73,189 | 41,849 | - | |
40 |
47,063 | 73,189 | 41,849 | - | |
41 |
6,667 | - | - | - | |
54/58 |
124,683 | 23,789 | 842,997 | 591,688 | |
490/1 |
6,296 | 7,385 | 8,485 | 11,369 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
478,399 | 250,514 | 956,910 | 603,058 | |
10/15 |
11,589 | 8,973 | 3,000 | 3,000 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
13 |
8,589 | 5,973 | - | - | |
133 |
8,589 | 5,973 | - | - | |
17/49 |
466,810 | 241,542 | 953,910 | 600,058 | |
42/48 |
466,810 | 241,542 | 437,109 | 345,444 | |
42 |
304,500 | 70,000 | 165,000 | 165,000 | |
44 |
13,602 | 11,955 | 12,434 | 5,742 | |
440/4 |
13,602 | 11,955 | 12,434 | 5,742 | |
45 |
1,462 | 12,340 | 112,929 | 27,985 | |
450/3 |
1,462 | 12,340 | 112,929 | 27,985 | |
47/48 |
147,246 | 147,246 | 146,746 | 146,716 | |
492/3 |
- | - | 516,801 | 254,614 | |
| Income statement | |||||
9900 |
38,473 | 39,815 | 25,302 | 26,521 | |
630 |
12,333 | 12,333 | 6,042 | - | |
640/8 |
889 | 1,200 | 602 | 745 | |
9901 |
25,251 | 26,281 | 18,658 | 25,776 | |
75/76B |
0 | 212 | 83 | 6 | |
75 |
0 | 0 | 83 | 6 | |
76B |
- | 212 | - | - | |
65/66B |
21,173 | 17,403 | 18,694 | 25,632 | |
65 |
21,173 | 17,403 | 18,694 | 25,632 | |
9903 |
4,078 | 9,090 | 47 | 150 | |
67/77 |
1,462 | 3,117 | 47 | 150 | |
9904 |
2,616 | 5,973 | - | - | |
9905 |
2,616 | 5,973 | - | - | |
| Appropriation of the result | |||||
9906 |
2,616 | 5,973 | - | - | |
691/2 |
2,616 | 5,973 | - | - | |
6921 |
2,616 | 5,973 | - | - | |
| Document | |||||
The notes to these accounts have 5 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 2026 at the NBB, filed on 04-09-2026.
| Line | Trend | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| 37,584 | 38,614 | 24,700 | - | ||
| 14,950 | 18,306 | - | - | ||
| 0 | 212 | 37,400 | - | ||
| 100,893 | -819,208 | 251,308 | - | ||
| 4,685 | -10,264 | 488,443 | 257,614 | ||
| 2.4% | 3.6% | 0.3% | 0.5% | ||
| 1.01 | 0.96 | 2.12 | 1.75 | ||
| 0.40 | 0.43 | 2.04 | 1.75 | ||
| 40.28 | 26.92 | - | - | ||
| 22.6% | 66.6% | - | - | ||
| 0.5% | 2.4% | - | - | ||
| 1.78 | 2.22 | 1.32 | - |
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.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €37,000 | - |
| Financial fixed assets | - | - | €400 | - |
| €12,333 | €12,333 | €6,042 | - |
Source: notes to the 2023 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 4% lower than in 2025.
Debt's share of the balance-sheet total rises from 96.4% to 97.6%. Equity and debt are higher.
Source: shareholder structure in its own accounts
Source: list of holdings in the 2025 accounts of FREKS. Every holding stands with its own latest accounts.
The connected companies are in the list below.
Deadline for the 2027 accounts: 31-10-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Jezus Eiklaan 44/B registered office 3080 Tervuren | 11-06-2021 | 2.319.158.548 |
| 07-11-2024 | Granted | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 04-06-2024 · project 2023159695 | Huldenberg |
| 25-10-2021 | Granted | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 09-07-2021 · project 2021118258 | Steenokkerzeel |
Source: Omgevingsloket Vlaanderen.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0769.623.932
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