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REDBRICK

Active
Private limited companyfounded 201510 yrs activeKBO/BCE: BE 0643.597.869
Summary

The computed 12-month bankruptcy probability of REDBRICK is 9.2% (elevated). The 2025 annual accounts show negative equity (-€37,485) and a net result of -€7,339. Equity is shrinking by ~34.6% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 3 administrative register entries (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability36=
Solvency23=
Growth52=
Track record76
Bankruptcy probability, 12 months
9.2% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
short-term debt: 0.2% and cash: 0.1% of total assets, and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 2025
Solvency, return and age of the figures
Solvency
-2.4%
Return on assets
-0.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€37,485
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
50 d early
2023
30 d late
2022
31 d late
2021
31 d late
2020
51 d late
2019
102 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struck×2Address strikeout stopped
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline

History

REDBRICK was incorporated on 25 November 2015.1 Total assets fell from EUR 3.6 million in 2018 to EUR 1.6 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€37,485▼ 24.3%
2024 · -€30,146
Total assets
€1.6m▲ 5.6%
2024 · €1.5m
Net result
-€7,339▼ 18.5%
2024 · -€6,194
Working capital
€1.6m▲ 5.6%
2024 · €1.5m
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
Line20212022202320242025
Operating result€76,704▲ 8.8%€343,553▲ 348%-€18,787-€5,848▲ 68.9%-€6,814▼ 16.5%
Net result-€16,599-€14,663▲ 11.7%-€25,608▼ 74.6%-€6,194▲ 75.8%-€7,339▼ 18.5%
Equity€16,320▼ 50.4%€1,656▼ 89.8%-€23,952-€30,146▼ 25.9%-€37,485▼ 24.3%
Total assets€4.0m▲ 7.6%€1.6m▼ 60.8%€1.5m▼ 3.8%€1.5m▼ 1.0%€1.6m▲ 5.6%
Debt€4.0m▲ 8.2%€1.6m▼ 60.7%€1.5m▼ 2.2%€1.5m▼ 0.6%€1.6m▲ 6.0%
Working capital€4.0m▲ 7.8%€1.6m▼ 61.1%€1.5m▼ 2.9%€1.5m▼ 1.0%€1.6m▲ 5.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2021: €76,704€76,704Net result 2021: -€16,599-€16,599Operating result 2022: €343,553€343,553Net result 2022: -€14,663-€14,663Operating result 2023: -€18,787-€18,787Net result 2023: -€25,608-€25,608Operating result 2024: -€5,848-€5,848Net result 2024: -€6,194-€6,194Operating result 2025: -€6,814-€6,814Net result 2025: -€7,339-€7,33920212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€18,787-€18,800Net result 2023: -€25,608-€25,600Operating result 2024: -€5,848-€5,850Net result 2024: -€6,194-€6,190Operating result 2025: -€6,814-€6,810Net result 2025: -€7,339-€7,340202320242025
The operating result stays negative: a loss of €6,814 in 2025 against €5,848 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Solvency
-2.4%▼
2024 · -2.0%
Quick ratio
12.91▼
2024 · 15.39
Debt to equity
-43.49▲
2024 · -51.02
ROA
-0.5%▼
2024 · -0.4%
Debt ≤ 1 year
€3,124▲
2024 · €2,637
Debt > 1 year
€1.6m▲
2024 · €1.5m
A ratio outside any meaningful range has been withheld (balance sheet total €1.6m, equity -€37,485).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,217 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • negative equity
  • a small loss
1.1% went bankrupt
2.6% 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 higher bankruptcy probability: 9.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% 1.7%
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 75% 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 1,217 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 · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.5m€1.6m▲
Current assets29/58€1.5m€1.6m▲
Stocks and contracts in progress3€1.5m€1.6m▲
Stocks30/36€1.5m€1.6m▲
Amounts receivable within one year40/41€37,514€37,348▼
Trade receivables40€2,500€2,500=
Other amounts receivable41€35,014€34,848▼
Cash at bank and in hand54/58€68€813▲
Deferred charges and accrued income490/1€3,010€2,161▼
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.6m▲
Equity10/15-€30,146-€37,485▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€48,746-€56,085▼
Amounts payable17/49€1.5m€1.6m▲
Amounts payable after more than one year17€1.5m€1.6m▲
Financial debts170/4€1.0m€1.1m▲
Other amounts payable178/9€481,300€541,700▲
Amounts payable within one year42/48€2,637€3,124▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€2,002€1,159▼
Suppliers440/4€2,002€1,159▼
Other amounts payable47/48€635€1,965▲
Accrued charges and deferred income492/3€10,041€15,545▲
Income statement Code20242025
Other operating charges640/8€418€1,839▲
Gross operating margin9900-€5,430-€4,975▲
Operating profit (loss)9901-€5,848-€6,814▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€346€525▲
Recurring financial charges65€346€525▲
Profit (loss) for the period before taxes9903-€6,194-€7,339▼
Income taxes67/77€0-
Profit (loss) for the period9904-€6,194-€7,339▼
Profit (loss) for the period to be appropriated9905-€6,194-€7,339▼
Appropriation of the result
Profit (loss) to be appropriated9906-€48,746-€56,085▼
Profit (loss) brought forward from the previous period14P-€42,552-€48,746▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€5,841€4,190€3,413€418€1,839▲ 340%
Gross operating margin9900€82,545€347,743-€15,374-€5,430-€4,975▲ 8.4%
Operating profit (loss)9901€76,704€343,553-€18,787-€5,848-€6,814▼ 16.5%
Financial income75/76B€0-€8€0--
Recurring financial income75€0-€8€0--
Financial charges65/66B€93,303€358,025€3,199€346€525▲ 51.7%
Recurring financial charges65€93,303€358,025€3,199€346€525▲ 51.7%
Profit (loss) for the period before taxes9903-€16,599-€14,473-€21,979-€6,194-€7,339▼ 18.5%
Income taxes67/77-€190€3,629€0--
Profit (loss) for the period9904-€16,599-€14,663-€25,608-€6,194-€7,339▼ 18.5%
Profit (loss) for the period to be appropriated9905-€16,599-€14,663-€25,608-€6,194-€7,339▼ 18.5%
Line20212022202320242025Change
Assets
Total assets20/58€4.0m€1.6m€1.5m€1.5m€1.6m▲ 5.6%
Current assets29/58€4.0m€1.6m€1.5m€1.5m€1.6m▲ 5.6%
Stocks and contracts in progress3€3.6m€1.4m€1.4m€1.5m€1.6m▲ 5.8%
Stocks30/36€3.6m€1.4m€1.4m€1.5m€1.6m▲ 5.8%
Amounts receivable within one year40/41€174,929€172,190€87,514€37,514€37,348▼ 0.4%
Trade receivables40€18,577€16,394€2,500€2,500€2,500=
Other amounts receivable41€156,351€155,796€85,014€35,014€34,848▼ 0.5%
Cash at bank and in hand54/58€217,441€15,967€1,886€68€813▲ 1,094%
Deferred charges and accrued income490/1€5,559€4,710€3,860€3,010€2,161▼ 28.2%
Equity and liabilities
Total equity and liabilities10/49€4.0m€1.6m€1.5m€1.5m€1.6m▲ 5.6%
Equity10/15€16,320€1,656-€23,952-€30,146-€37,485▼ 24.3%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€2,280-€16,944-€42,552-€48,746-€56,085▼ 15.1%
Amounts payable17/49€4.0m€1.6m€1.5m€1.5m€1.6m▲ 6.0%
Amounts payable after more than one year17€4.0m€1.6m€1.5m€1.5m€1.6m▲ 5.7%
Financial debts170/4€2.7m€1.1m€1.1m€1.0m€1.1m▲ 2.5%
Other amounts payable178/9€1.3m€494,100€470,100€481,300€541,700▲ 12.5%
Amounts payable within one year42/48€16,008€18,739€2,750€2,637€3,124▲ 18.5%
Financial debts43€130-€335€0--
Credit institutions430/8€130-€335€0--
Trade debts44€15,108€18,739€1,806€2,002€1,159▼ 42.1%
Suppliers440/4€15,108€18,739€1,806€2,002€1,159▼ 42.1%
Taxes, remuneration and social security45€138-----
Taxes450/3€138-----
Other amounts payable47/48€632-€610€635€1,965▲ 209%
Accrued charges and deferred income492/3€6,882-€4,684€10,041€15,545▲ 54.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€16,599-€14,663-€25,608-€6,194-€7,339▼ 18.5%
Operating cash flow (approximation)-€16,599-€14,663-€25,608-€6,194-€7,339▼ 18.5%
Change in cash--€201,475-€14,080-€1,818€745▲ 141%

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 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
23-02
KBO administration Address struck
Louizalaan 523 1050 L’adresse du siège Avenue Louise 523 1050 Die Sitzadresse Avenue Louise / Louizalaan Elsene werd doorgehaald met ingang van Ixelles · event 09-02-2026
2025
29-08
KBO administration Address strikeout stopped
event 21-08-2025
20-06
KBO administration Address struck
Louizalaan 523 1050 Die Sitzadresse Avenue Louise / Louizalaan Ixelles · event 09-06-2025
11-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Weakest financial yearnet -€25,608
Net result drops to -€25,608, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 7current ratio 553.94
Current ratio from 84.55 to 553.94; short-term debt falls from €18,739 to €2,750.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
20-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 51 days late
2020
10-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 102 days late
Show earlier events
2019
31-12
Financial Highest result since 2018net €60,186 ▲85.4%
Net result €60,186, the highest in the series.
31-12
Financial Liquidity triplescurrent ratio 89.38
Current ratio from 26.15 to 89.38; short-term debt falls from €139,530 to €40,996.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Elsene · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
3,529 m²
Building footprint
1,878 m²
Volume, LiDAR
44,063 m³
Parcel 21822R0226/00W011, Brussels · tallest building 38.1 m, ±7 floors. Linked by address, not a title deed.
335 companies at this address See who is registered here
1 establishment unit
REDBRICK
Real estate activities
since 20152.247.996.081
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0226/00W011 Brussels 3,529 m² 1 · 1,878 m² 38.1 m · 7 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded25-11-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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