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 1 of the last 2 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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Bricks & Brains from Liège, company number BE1015917424, closed financial year 2025 with a result of € -29,029 after tax. For that financial year Bricks & Brains recorded a gross margin of € 4,365 and equity of € -22,677. Compared with financial year 2024, the result moved from € -5,495 to € -29,029. 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 31, 2026.
€ -22,677
▼ € 25,682 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,029
▼ 428 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,743
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,177.
Debts at end 2025
€ 730,037
€ 146,008 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 404
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -1,609 | € 4,365 | ▲ € 5,974 |
| Profit after taxes | € -5,495 | € -29,029 | ▼ € 23,534 |
| Equity | € 3,005 | € -22,677 | ▼ € 25,682 |
| Total debts | € 736,977 | € 734,664 | |
| Cash | € 6,218 | € 2,743 | ▼ 56% |
| Retained profit | € -5,495 | € -31,177 | ▼ € 25,682 |
| Bank debt | € 0 | € 730,037 | |
| Balance sheet total | € 739,982 | € 711,987 | ▼ 4% |
Key figures of Bricks & Brains, fiscal years 2024 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 Bricks & Brains?
What happened at Bricks & Brains in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,029. Source: NBB ↗
- Jordan Kaluanga Bwanga became a director. NBB
- MW Fiscalité became a director. NBB
- New establishment in Liège. KBO
- Salvatore Tinnirello became a director. NBB
- Claudio Argento became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,495 loss in 2024 to € 29,029 loss in 2025.
Management
The stake of MW Fiscalité comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Bricks & BrainsBehind Bricks & Brains are MW Fiscalité, Salvatore Tinnirello, Claudio Argento and Jordan Kaluanga Bwanga. The shares are held by MW Fiscalité (25%). It owns 100% of Clasa itself.
Directors
According to the 2025 annual accounts
since 2025
since 2024
since 2024
since 2025
Shareholders
25%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Rue Paul-Devaux 6
4000 Liège
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
- 1015.917.424
- VAT number
- BE 1015.917.424
- Registered office
- Rue Paul-Devaux 6, 4000 Liège
- Names & denominations
- Bricks & Brains
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2024
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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