TEN BRICKS
ActiveTEN BRICKS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.23M and a net result of €216k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 41% of 9135 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+28
Solvency47▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity short (current ratio 0.88 against 1.47 in 2024; short-term debt: 11.7% and cash: 7.4% of total assets), and 77.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.3%
Return on assets
2.2%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
11 d early
2024
15 d early
2023
17 d early
2022
28 d early
2021
19 d early
2020
25 d early
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.23M▼ 11.3%
2024 · €2.52M
2019: €514k
2020: €1.45M
2021: €2.50M
2022: €2.50M
2023: €2.50M
2024: €2.52M
2019 → 2025
Total assets
€10.01M▲ 0.1%
2024 · €10.00M
2019: €1.67M
2020: €6.21M
2021: €6.24M
2022: €10.78M
2023: €9.98M
2024: €10.00M
2019 → 2025
Net result
€216k▲ 1,817%
2024 · €11k
2019: €-5k
2020: €22k
2021: €1.05M
2022: €1k
2023: €3k
2024: €11k
2019 → 2025
Working capital
€-144k
2024 · €292k
2019: €231k
2020: €-78k
2021: €2.10M
2022: €582k
2023: €477k
2024: €292k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.50M-€2.50M=€2.50M▲ 0.1%€2.52M▲ 0.4%€2.23M▼ 11.3%
Operating result€1.45M-€91k▼ 93.7%€145k▲ 60.5%€173k▲ 19.1%€408k▲ 135%
Net result€1.05M-€1k▼ 99.9%€3k▲ 206%€11k▲ 235%€216k▲ 1,817%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 135% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.01M
Fixed assets
€8.98M▼ 1.1%
Current assets
€1.03M▲ 12.5%
Equity and liabilities €10.01M
Equity
€2.23M▼ 11.3%
Debt
€7.77M▲ 3.9%
The debt ratio rises from 74.8% to 77.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€811k▲
2024 · €497k
Cash flow
€619k▲
2024 · €335k
Solvency
22.3%▼
2024 · 25.2%
Current ratio
0.88▼
2024 · 1.47
Quick ratio
0.88▼
2024 · 1.47
Debt / equity
3.48▲
2024 · 2.97
ROE
9.7%▲
2024 · 0.4%
ROA
2.2%▲
2024 · 0.1%
Interest coverage
7.04▲
2024 · 2.84
Debt
€7.77M▲
2024 · €7.48M
Debt ≤ 1 year
€1.17M▲
2024 · €623k
Debt > 1 year
€6.60M▼
2024 · €6.86M
Income taxes
€79k▲
2024 · €6k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€10.00M€10.01M▲
Fixed assets21/28€9.08M€8.98M▼
Tangible fixed assets22/27€9.08M€8.98M▼
Land and buildings22€9.08M€8.97M▼
Plant, machinery and equipment23€5k€4k▼
Current assets29/58€915k€1.03M▲
Amounts receivable within one year40/41€241k€288k▲
Trade receivables40€232k€279k▲
Other amounts receivable41€9k€9k▼
Cash at bank and in hand54/58€674k€741k▲
Equity and liabilities
Total equity and liabilities10/49€10.00M€10.01M▲
Equity10/15€2.52M€2.23M▼
Contributions10/11€1.43M€1.43M=
Outside capital11€1.43M€1.43M=
Share premium1100/10€1.43M€1.43M=
Reserves13€1.08M€798k▼
Distributable reserves133€1.08M€798k▼
Amounts payable17/49€7.48M€7.77M▲
Amounts payable after more than one year17€6.86M€6.60M▼
Financial debts170/4€6.63M€6.38M▼
Other amounts payable178/9€226k€220k▼
Amounts payable within one year42/48€623k€1.17M▲
Current portion of amounts payable after more than one year42€524k€548k▲
Trade debts44€57k€2k▼
Suppliers440/4€57k€2k▼
Taxes, remuneration and social security45€41k€197k▲
Taxes450/3€41k€197k▲
Other amounts payable47/48€1k€426k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€324k€403k▲
Other operating charges640/8€76k€81k▲
Gross operating margin9900€574k€892k▲
Operating profit (loss)9901€173k€408k▲
Financial income75/76B€19k€2k▼
Recurring financial income75€19k€2k▼
Financial charges65/66B€175k€115k▼
Recurring financial charges65€175k€115k▼
Profit (loss) for the period before taxes9903€17k€295k▲
Income taxes67/77€6k€79k▲
Profit (loss) for the period9904€11k€216k▲
Profit (loss) for the period to be appropriated9905€11k€216k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€216k▲
Transfer from equity791/2-€500k
Transfer to equity691/2€11k€216k▲
To other reserves6921€11k€216k▲
Profit to be distributed694/7-€500k
Return on contributions (dividend)694-€500k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €1.05M ▲4779%
Operating result €1.45M, net result €1.05M, both a record.
31-12
Financial
Liquidity times 5current ratio 4.18
Current ratio from 0.78 to 4.18.
31-12
Financial
Equity above €2MEq €2.50M ▲72.4%
2 profitable years in a row build equity to €2.50M.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.45M ▲182%
Equity rises from €514k to €1.45M.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2019
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.
Krijgsbaan 2432070 Beveren-Kruibeke-ZwijndrechtGround area
678 m²
Building footprint
143 m²
Volume, LiDAR
801 m³
Parcel 11056B0529/00C002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TEN BRICKS
since 20192.288.860.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056B0529/00C002 | Flanders | 677 m² | 1 · 142 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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LEMCO VASTGOED
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MANN SERVICES
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,381. 2,558 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2019
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@aaboekhoudkantoor.be
Phone:037765351