Brixter
Open bankruptcyFinancials · financial year 2024, abbreviated format
Annual accounts 2024 filed on 26-06-2025 PDF all 3 filings
Turnover
≈ €260,000
Estimated: probably between €220,000 and €400,000
Total assets
€2.2m▼ 10.3%
2023 · €2.5m
Net result
€140,928
2023 · -€618,535
Working capital
-€1.5m▲ 14.6%
2023 · -€1.8m
Multi-year overview
2022 to 2024, 3 financial yearsOperating result
-€272,795
▲ 55.7%
2024
20222024
Net result
€140,928
2024
highest quarter of the sector
20222024
Equity
€34,544
2024
lowest quarter of the sector
20222024
Total assets
€2.2m
▼ 10.3%
2024
middle half of the sector
20222024
Debt
€2.2m
▼ 12.6%
2024
20222024
Working capital
-€1.5m
▲ 14.6%
2024
lowest quarter of the sector
20222024
Solvency
1.5%
▲ 5.8pp
2024
lowest quarter of the sector
20222024
Current ratio
0.31
▲ 0.02
2024
lowest quarter of the sector
20222024
Return on assets (ROA)
6.3%
▲ 31.1pp
2024
highest quarter of the sector
20222024
Staff (FTE)
3.3
▼ 28.3%
2024
highest quarter of the sector
20222024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202220232024
Operating result€0.007m--€0.6m-€0.3m▲ 55.7%
Net result-€0.003mwithin the sector's middle half--€0.6mbelow the sector's middle half▼ 21,609%€0.1mabove the sector's middle half
Equity€0.01mbelow the sector's middle half--€0.1mbelow the sector's middle half€0.03mbelow the sector's middle half
Total assets€0.5mbelow the sector's middle half-€2.5mwithin the sector's middle half▲ 407%€2.2mwithin the sector's middle half▼ 10.3%
Debt€0.5m-€2.5m▲ 425%€2.2m▼ 12.6%
Working capital-€0.3mbelow the sector's middle half--€1.8mbelow the sector's middle half▼ 453%-€1.5mbelow the sector's middle half▲ 14.6%
Solvency2.5%below the sector's middle half--4.3%below the sector's middle half▼ 6.7pp1.5%below the sector's middle half▲ 5.8pp
Current ratio0.33below the sector's middle half-0.29below the sector's middle half▼ 0.040.31below the sector's middle half▲ 0.02
Return on assets (ROA)-0.6%within the sector's middle half--24.8%below the sector's middle half▼ 24.3pp6.3%above the sector's middle half▲ 31.1pp
Staff (FTE)1within the sector's middle half-4.6above the sector's middle half▲ 360%3.3above the sector's middle half▼ 28.3%
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €272,795, smaller than the loss of €616,479 in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.6m ▼ 11.4%
Current assets
€677,820 ▼ 7.8%
Equity and liabilities €2.2m
Equity
€34,544
Debt
€2.2m
Debt's share of the balance-sheet total is 98.5%.
Key figures and ratios
EBITDA
-€69,937▲
2023 · -€415,674
Cash flow
€343,786▲
2023 · -€417,730
Debt to equity
63.66
ROE
408.0%
Interest coverage
-3.76▲
2023 · -53.34
Debt ≤ 1 year
€2.2m▼
2023 · €2.5m
Income taxes
€1,055▼
2023 · €2,661
Staff costs
€282,144▼
2023 · €412,663
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 5 | 3 |
| full-time | 1 | 3 | 2 |
| part-time | 0 | 2 | 1 |
| in full-time equivalents | 1 | 4.6 | 2.8 |
| Average over the year, in full-time equivalents | 1 | 2.9 | 3.3 |
| On a permanent contract | 1 | 5 | 3 |
| Joined | 1 | 6 | 0 |
| Left | 0 | 2 | 1 |
| Training hours | - | - | 40 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
| Item | 2022 | 2023 | 2024 |
|---|---|---|---|
| Tangible fixed assets | - | €2,250 | €2,469 |
| Intangible fixed assets | €348,391 | €1.6m | - |
| Depreciation and write-downs of the year | €14,097 | €200,805 | €202,858 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €373 awarded · €373 paidAnnual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €88,011 | €412,663 | €282,144 | ▼ 31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,097 | €200,805 | €202,858 | ▲ 1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €250 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €80,000 | -€80,000 | - |
| Other operating charges640/8 | €1,871 | €70,457 | €16,968 | ▼ 75.9% |
| Gross operating margin9900 | €111,599 | €147,447 | €149,175 | ▲ 1.2% |
| Operating profit (loss)9901 | €7,370 | -€616,479 | -€272,795 | ▲ 55.7% |
| Financial income75/76B | €3 | €8,398 | €433,389 | ▲ 52× |
| Recurring financial income75 | €3 | €8,398 | €5,684 | ▼ 32.3% |
| Non-recurring financial income76B | - | - | €427,705 | - |
| Financial charges65/66B | €9,975 | €7,793 | €18,610 | ▲ 139% |
| Recurring financial charges65 | €9,975 | €7,793 | €18,610 | ▲ 139% |
| Profit (loss) for the period before taxes9903 | -€2,602 | -€615,874 | €141,984 | - |
| Income taxes67/77 | €248 | €2,661 | €1,055 | ▼ 60.3% |
| Profit (loss) for the period9904 | -€2,849 | -€618,535 | €140,928 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,849 | -€618,535 | €140,928 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.5m | €2.5m | €2.2m | ▼ 10.3% |
| Fixed assets21/28 | €0.3m | €1.8m | €1.6m | ▼ 11.4% |
| Intangible fixed assets21 | €0.3m | €1.8m | €1.6m | ▼ 11.5% |
| Tangible fixed assets22/27 | - | €0.002m | €0.003m | ▲ 82.2% |
| Furniture and vehicles24 | - | €0.002m | €0.003m | ▲ 82.2% |
| Current assets29/58 | €0.2m | €0.7m | €0.7m | ▼ 7.8% |
| Amounts receivable within one year40/41 | €0.1m | €0.7m | €0.7m | ▼ 3.7% |
| Trade receivables40 | €0.08m | €0.6m | €0.6m | ▼ 5.8% |
| Other amounts receivable41 | €0.06m | €0.06m | €0.08m | ▲ 15.8% |
| Cash at bank and in hand54/58 | €0.003m | €0.04m | €0.001m | ▼ 98.5% |
| Deferred charges and accrued income490/1 | €0.006m | €0.007m | €0.01m | ▲ 75.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.5m | €2.5m | €2.2m | ▼ 10.3% |
| Equity10/15 | €0.01m | -€0.1m | €0.03m | - |
| Contributions10/11 | €0.02m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | -€0.003m | -€0.6m | -€0.5m | ▲ 22.7% |
| Provisions and deferred taxes16 | - | €0.08m | - | - |
| Provisions for liabilities and charges160/5 | - | €0.08m | - | - |
| Other liabilities and charges164/5 | - | €0.08m | - | - |
| Amounts payable17/49 | €0.5m | €2.5m | €2.2m | ▼ 12.6% |
| Amounts payable within one year42/48 | €0.5m | €2.5m | €2.2m | ▼ 12.6% |
| Trade debts44 | €0.1m | €0.8m | €0.8m | ▲ 12.1% |
| Suppliers440/4 | €0.1m | €0.8m | €0.8m | ▲ 12.1% |
| Taxes, remuneration and social security45 | €0.01m | €0.03m | €0.07m | ▲ 143% |
| Taxes450/3 | €0.003m | €0.003m | €0.01m | ▲ 341% |
| Remuneration and social security454/9 | €0.01m | €0.03m | €0.06m | ▲ 120% |
| Other amounts payable47/48 | €0.3m | €1.7m | €1.3m | ▼ 26.0% |
| Accrued charges and deferred income492/3 | €0.001m | €0.003m | €0.001m | ▼ 65.7% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.003m | -€0.6m | €0.1m | - |
| + Depreciation and write-downs630 | €0.01m | €0.2m | €0.2m | ▲ 1.0% |
| Operating cash flow (approximation) | €0.01m | -€0.4m | €0.3m | - |
| Investment in fixed assets (approximation) | - | -€1.6m | -€0.002m | ▲ 99.8% |
| Change in cash | - | €0.03m | -€0.04m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.