LIQUID BRIX
ActiveLIQUID BRIX has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-19k) and a net result of €-106k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability26▲+5
Solvency25▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.23 in 2023; short-term debt: 53.2% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-0.5%
Return on assets
-2.6%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
1921222324
2019 to 2024 · latest year €-19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
12 d late
2022
18 d early
2021
2 d early
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-19k
2023 · €87k
2019: €-6k
2021: €-48k
2022: €198k
2023: €87k
2019 → 2024
Total assets
€4.01M▲ 43.1%
2023 · €2.80M
2019: €3k
2021: €1.16M
2022: €2.60M
2023: €2.80M
2019 → 2024
Net result
€-106k▲ 4.9%
2023 · €-111k
2019: €-5k
2021: €-41k
2022: €246k
2023: €-111k
2019 → 2024
Working capital
€-1.88M▼ 84.0%
2023 · €-1.02M
2019: €-6k
2021: €-297k
2022: €-500k
2023: €-1.02M
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€-6k-€-48k▼ 757%€198k€87k▼ 56.2%€-19k
Operating result€-4k-€-27k▼ 502%€264k€-52k€-14k▲ 73.3%
Net result€-5k-€-41k▼ 797%€246k€-111k€-106k▲ 4.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2024 against €52k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.01M
Fixed assets
€3.76M▲ 50.6%
Current assets
€254k▼ 17.5%
Key figures and ratios
EBITDA
€118k▲
2023 · €51k
Cash flow
€26k▲
2023 · €-8k
Solvency
-0.5%▼
2023 · 3.1%
Current ratio
0.12▼
2023 · 0.23
Quick ratio
0.12▼
2023 · 0.23
ROA
-2.6%▲
2023 · -4.0%
Interest coverage
1.27▲
2023 · 0.84
Debt
€4.03M▲
2023 · €2.72M
Debt ≤ 1 year
€2.13M▲
2023 · €1.33M
Debt > 1 year
€1.84M▲
2023 · €1.33M
Income taxes
€139▲
2023 · €102
A ratio outside any meaningful range has been withheld (balance sheet total €4.01M, equity €-19k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.80M€4.01M▲
Fixed assets21/28€2.49M€3.76M▲
Intangible fixed assets21€93k€70k▼
Tangible fixed assets22/27€2.40M€3.69M▲
Land and buildings22€2.30M€3.58M▲
Furniture and vehicles24€33k€41k▲
Other tangible fixed assets26€71k€71k=
Current assets29/58€308k€254k▼
Amounts receivable within one year40/41€296k€250k▼
Trade receivables40€200k€137k▼
Other amounts receivable41€96k€113k▲
Cash at bank and in hand54/58€12k€3k▼
Deferred charges and accrued income490/1€552€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.80M€4.01M▲
Equity10/15€87k€-19k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€76k€-29k▼
Amounts payable17/49€2.72M€4.03M▲
Amounts payable after more than one year17€1.33M€1.84M▲
Financial debts170/4€1.33M€1.84M▲
Amounts payable within one year42/48€1.33M€2.13M▲
Current portion of amounts payable after more than one year42€158k€204k▲
Trade debts44€11k€672k▲
Suppliers440/4€11k€672k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€24€24=
Other amounts payable47/48€1.16M€1.26M▲
Accrued charges and deferred income492/3€53k€51k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€132k▲
Other operating charges640/8€10k€10k▼
Gross operating margin9900€61k€128k▲
Operating profit (loss)9901€-52k€-14k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€61k€93k▲
Recurring financial charges65€61k€93k▲
Profit (loss) for the period before taxes9903€-111k€-106k▲
Income taxes67/77€102€139▲
Profit (loss) for the period9904€-111k€-106k▲
Profit (loss) for the period to be appropriated9905€-111k€-106k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€-29k▼
Profit (loss) brought forward from the previous period14P€188k€76k▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €-111k ▼145%
Net result drops to €-111k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €246k
Net result €246k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €198k
Equity rises from €-48k to €198k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 35 days late
2017
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Zwevegem · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bekaertstraat(Z) 88550 ZwevegemGround area
1,112 m²
Building footprint
238 m²
Volume, LiDAR
1,396 m³
2 parcels, Flanders · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Liquidfloors Kortrijk
since 20152.242.037.115
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0046/00X006 | Flanders | 762 m² | 1 · 238 m² | 11.4 m · 1 fl. |
| 34042A0558/00L005 | Flanders | 350 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NAUTIC INVEST SPRL
BE 0470.927.476
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BELGIAN BUILDING PROJECTS
BE 0637.828.745
Ternat · Eq €87k
Century 21 Benelux
BE 0451.724.941
Waterloo · Eq €87k
Elno Invest
BE 1001.360.890
Gent · Eq €87k
SAM INVEST
BE 0651.649.958
Liège · Eq €87k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,282 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2015
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
43230Insulation installation
43291Specialised construction activities
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.