Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Vastgoedmaatschappij Dutch Bricks from Antwerpen, company number BE0787195877, closed financial year 2025 with a result of € -63,596 after tax. For that financial year Vastgoedmaatschappij Dutch Bricks recorded a gross margin of € 35,751 and equity of € -87,041. Compared with financial year 2024, the result moved from € -67,525 to € -63,596. The company made a loss. 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 24, 2026.
€ -87,041
▼ € 63,596 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,596
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,783
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -287,041.
Debts at end 2025
€ 1.5 million
▼ 3% vs 2024
€ 44,804 is repaid this year. At this pace the long-term loan is gone in ≈ 33 years.
€ 3,920
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -15,302 | € 25,511 | € 35,751 | ▲ 40% |
| Profit after taxes | € -155,920 | € -67,525 | € -63,596 | ▲ € 3,930 |
| Equity | € 44,080 | € -23,445 | € -87,041 | ▼ € 63,596 |
| Total debts | € 1,661,721 | € 1,691,856 | € 1,719,993 | ▲ 2% |
| Cash | € 4,000 | € 3,879 | € 5,783 | ▲ 49% |
| Land & buildings | € 1,698,425 | € 1,660,962 | € 1,621,284 | ▼ 2% |
| Retained profit | € -155,920 | € -223,445 | € -287,041 | ▼ € 63,596 |
| Bank debt | € 1,567,478 | € 1,527,908 | € 1,483,895 | ▼ 3% |
| Balance sheet total | € 1,705,801 | € 1,668,411 | € 1,632,952 | ▼ 2% |
Key figures of Vastgoedmaatschappij Dutch Bricks, fiscal years 2023 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 Vastgoedmaatschappij Dutch Bricks?
What happened at Vastgoedmaatschappij Dutch Bricks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,596. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,920 loss in 2023 to € 63,596 loss in 2025.
A new publication or filing at Vastgoedmaatschappij Dutch Bricks? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Vastgoedmaatschappij Dutch Bricks is Paul Borstlap. Paul Borstlap is also behind BoVast.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Grote Markt 27 box 102
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0787.195.877
- VAT number
- BE 0787.195.877
- Registered office
- Grote Markt 27 bus 102, 2000 Antwerpen
- Names & denominations
- Vastgoedmaatschappij Dutch Bricks · VGM Dutch Bricks
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2022
- Peppol
- Not registered