Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.7 to 7.
Financials
Financial year 2026
BRICK IN THE WALL from Anzegem, company number BE0816732575, closed financial year 2026 with a result of € 150,982 after tax. For that financial year BRICK IN THE WALL recorded a gross margin of € 1.1 million and equity of € 1.1 million. Compared with financial year 2025, the result moved from € -64,323 to € 150,982. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 1.1 million
▲ 16% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 150,982
▲ still € 64,323 loss in 2025
Profit after tax over the fiscal year.
€ 66,534
▲ 12% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 523,551.
People and assets in 2026
7
▼ 1.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 604,505
▼ 6% vs 2025
€ 86,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 28,109
▼ 39% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 910,066
▼ 15% vs 2025
€ 110,154 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 143,069
▼ 18% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 173,407
▲ 22% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,079,777 | € 1,172,042 | € 901,408 | € 1,095,879 | ▲ 22% |
| Profit after taxes | € 26,649 | € 59,634 | € -64,323 | € 150,982 | ▲ € 215,305 |
| Equity | € 933,217 | € 992,851 | € 928,529 | € 1,079,511 | ▲ 16% |
| Total debts | € 2,217,501 | € 1,982,343 | € 1,719,063 | € 1,419,434 | ▼ 17% |
| Cash | € 71,789 | € 38,260 | € 59,267 | € 66,534 | ▲ 12% |
| Land & buildings | € 1,487,713 | € 1,394,914 | € 1,283,914 | € 1,172,914 | ▼ 9% |
| Retained profit | € 377,257 | € 436,891 | € 372,569 | € 523,551 | ▲ 41% |
| Bank debt | € 1,270,805 | € 1,131,384 | € 1,074,382 | € 910,066 | ▼ 15% |
| Balance sheet total | € 3,150,718 | € 2,975,194 | € 2,647,592 | € 2,498,945 | ▼ 6% |
| Employees (FTE) | 9.8 | 9.7 | 8.4 | 7 | ▼ 1.4 |
Key figures of BRICK IN THE WALL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BRICK IN THE WALL?
What happened at BRICK IN THE WALL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steven Verschuere stepped down as director. NBB
- Executive BV stepped down as director. NBB
- 10be BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 150,982. Source: NBB ↗
- Executive BV became a director. NBB
- Steven Verschuere became a director. NBB
- 10be BV became a director. NBB
- New establishment in Anzegem. KBO
In short
From € 26,649 profit in 2023 to € 150,982 profit in 2026.
Paid € 57,180 in corporate taxes since 2023.
Best year ever: 2026, with € 150,982 profit.
On average € 156,600 of value added per employee in 2026.
Management
Directors
According to the 2026 annual accounts
Steven Verschuere
Director
since 2021 · until 2027
Director · represented by Dirk Goeminne
Also active at: VAN DE VELDE, CLAES RETAIL GROUP
since 2023 · until 2027
Director · represented by Thierry Martens
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Dragonderdreef 4
8570 Anzegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0816.732.575
- VAT number
- BE 0816.732.575
- Registered office
- Dragonderdreef 4, 8570 Anzegem
- Names & denominations
- BRICK IN THE WALL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2009
- Peppol
- Active · Active since 1 Jan 2001
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