Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Brick Masters from Niel, company number BE0744428577, closed financial year 2025 with a result of € 95,093 after tax. For that financial year Brick Masters recorded a gross margin of € 277,242 and equity of € -84,145. Compared with financial year 2024, the result moved from € -122,755 to € 95,093. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ -84,145
▲ € 95,093 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 95,093
▲ still € 122,755 loss in 2024
Profit after tax over the fiscal year.
€ 72,542
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -144,145.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 3.7 million
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 93,455
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,332
▲ 46% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,190 | € 240,831 | € 70,480 | € 277,242 | ▲ 293% |
| Profit after taxes | € -108,043 | € 87,816 | € -122,755 | € 95,093 | ▲ € 217,848 |
| Equity | € -144,298 | € -56,482 | € -179,238 | € -84,145 | ▲ € 95,093 |
| Total debts | € 2,873,825 | € 3,957,610 | € 4,155,755 | € 3,956,107 | ▼ 5% |
| Cash | € 283,606 | € 281,848 | € 97,762 | € 72,542 | ▼ 26% |
| Retained profit | € -204,298 | € -116,482 | € -239,238 | € -144,145 | ▲ € 95,093 |
| Bank debt | € 2,713,334 | € 3,229,618 | € 3,618,396 | € 3,736,895 | ▲ 3% |
| Balance sheet total | € 2,729,527 | € 3,901,128 | € 3,976,517 | € 3,871,962 | ▼ 3% |
Key figures of Brick Masters, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Brick Masters?
What happened at Brick Masters in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 95,093. Source: NBB ↗
- Garrit Meers became a director. NBB
- Geertruda Schoonen became a director. NBB
- New establishment in Niel. KBO
- Start of the company according to the CBE. KBO
- Najah Elouafi became a director. NBB
In short
From € 108,043 loss in 2022 to € 95,093 profit in 2025.
Paid € 46,812 in corporate taxes since 2022.
Best year ever: 2025, with € 95,093 profit.
Management
Behind Brick Masters are Garrit Meers, Najah Elouafi and Geertruda Schoonen. Garrit Meers is also behind EUROPEAN COMBINED REEFERS, MEGA INDUSTRIAL ENGINEERING and EURO TRADING INVEST. Najah Elouafi is also behind AFN.
Directors
According to the 2025 annual accounts
Garrit Meers
Director
Also active at: EUROPEAN COMBINED REEFERS, MEGA INDUSTRIAL ENGINEERING, EURO TRADING INVEST
since 2020
since 2020
Geertruda Schoonen
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Industrieweg 4
2845 Niel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.428.577
- VAT number
- BE 0744.428.577
- Registered office
- Industrieweg 4, 2845 Niel
- Names & denominations
- Brick Masters
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2020
- Peppol
- Active · Active since 4 Aug 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Overige detailhandel in nieuwe artikelen neg
Handel in eigen onroerend goed
Verhuur en lease van andere consumentenartikelen, n.e.g.