Active BE 0767.790.038Private limited company

IZI-BRICK

Doenaertstraat(Mar) 6 ·8510 Kortrijk, Belgium· 5 yrs active

Sector: Specialised construction (43990)

Conclusion Checked

The computed 12-month bankruptcy probability of IZI-BRICK is 4.1% (elevated). The 2024 annual accounts show negative equity (€-278k) and a net result of €-196k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 11081 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-278k
Net result	€-196k
Staff (FTE)	0.8
Better than sector	5%

Snowflake analysis 5 axes · computed by Checked

44 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 33

Solvency 36

Growth 55

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

4.1% Elevated

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 16-09-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-56.0%	40.9%	better than 5% of 11081 sector peers
Net result	€-196k	€11k	better than 5% of 11063 sector peers
Equity	€-278k	€34k	better than 5% of 11084 sector peers
Gross operating margin	€-44k	€35k	better than 5% of 11054 sector peers
Staff costs	€135k	€25k	higher than 89% of 4035 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€1.07M

+3025.3% 21-24

EBITDA

€-181k

- far below sector median

Net profit

€-196k

-85.0% far below sector median

Cash flow

€-196k

- far below sector median

Total assets

€495k

+71.0% -38% vs sector

Equity

€-278k

-241.0% far below sector median

Working capital

€-280k

-243.6% far below sector median

Employees (FTE)

1

- -96% vs sector

Staff costs

€135k

- -86% vs sector

Debt

€773k

+108.3% +35% vs sector

Debt ≤ 1y

€773k

+108.3% +63% vs sector

Current ratio

0.64

-18.2% -52% vs sector

Quick ratio

0.58

+9.4% -27% vs sector

Solvency

-56.0%

-99.4% far below sector median

Debt / equity

-2.78

+38.9% far below sector median

ROE

70.7%

-45.8% +295% vs sector

ROA

-39.6%

-8.2% far below sector median

Net margin

-18.3%

+94.1% 21-24

EBITDA margin

-16.9%

- 21-24

Interest coverage

-5.93

- far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	€1.07M
EBITDA	€-181k
Net profit	€-196k
Cash flow	€-196k
Staff costs	€135k
Income taxes	-
Dividends	-
Total assets	€495k
Equity	€-278k
Debt	€773k
of which ≤ 1y	€773k
of which > 1y	-
Working capital	€-280k
Employees (FTE)	0.8

Ratios (computed)

	2024
Current ratio	0.64
Quick ratio	0.58
Working capital ratio	-56.4%
Solvency	-56.0%
Debt / equity	-2.78
Long-term debt ratio	-
Interest coverage	-5.93
Gross margin	-4.8%
Net margin	-18.3%
ROA	-39.6%
ROE	70.7%
EBITDA margin	-16.9%
Days sales outstanding	126d
Days payable outstanding	147d
Inventory turnover	25.35
Days inventory (DSI)	14d

Balance-sheet composition 2024

Assets

Fixed assets €2k · 0.4% Current assets €493k · 99.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€495k
Fixed assets	21/28	€2k
Intangible fixed assets	21	€2k
Financial fixed assets	28	€363
Current assets	29/58	€493k
Stocks & contracts in progress	3	€44k
Amounts receivable within one year	40/41	€409k
Cash & bank	54/58	€29k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€495k
Equity	10/15	€-278k
Contributions / capital	10/11	€25k
Accumulated profits (losses)	14	€-303k
Amounts payable	17/49	€773k
Amounts payable within one year	42/48	€773k
Trade debts payable within one year	44	€452k
Income statement
Turnover	70	€1.07M
Gross operating margin	9900	€-44k
Operating result	9901	€-181k
Financial income	75	€15k
Financial charges	65	€30k
Result before taxes	9903	€-196k
Net result for the period	9904	€-196k
Result to be appropriated	9905	€-196k

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Ratios computed by Checked.

Legal Structure

NACE primary	Specialised construction(43990)
Legal form	Private limited company(610)
Incorporation	04-05-2021
Status	Active
Postal code	8510

Establishment units 1 location

IZI-POOL

Doenaertstraat(Mar) 6, 8510 KortrijkBouw van speel- en sportterreinen, zwembaden, enz

since 20212.319.970.774

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34026A0402/00K002	Flanders	3,903 m²	1 · 648 m²	6.1 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

16-09-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

03-10-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

06-10-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

26-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

Credit advice verdict per customer and amount

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank

Activities

Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Reparatie van machines33120Reparatie en onderhoud van machines33120

Primary activity highlighted.

Names & trade names

Legal nameNL

IZI-BRICK

Registered office

Doenaertstraat(Mar) 6

8510 Kortrijk, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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