NEW BUSINESS CONCEPT
ActiveSummary
NEW BUSINESS CONCEPT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €781k and a net result of €26k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 54 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52=
Solvency67▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.72 in 2024; short-term debt: 46.4% and cash: 4.9% of total assets), and 57.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 92
Relative position
BE, all sectors
reference
Sector 92
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
42.1%
Return on assets
1.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2021
92 d late
2020
101 d late
2019
1 d early
2018
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€26k▼ 11.0%
2024 · €29k
2018: €45k
2019: €106k
2020: €31k
2021: €71k
2023: €248k
2024: €29k
2018 → 2025
Working capital
€326k▼ 27.6%
2024 · €450k
2018: €453k
2019: €565k
2020: €631k
2021: €721k
2023: €967k
2024: €450k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€551k-€622k▲ 12.9%€870k▲ 39.9%€755k▼ 13.2%€781k▲ 3.4%
Operating result€42k-€92k▲ 119%€350k▲ 280%€20k▼ 94.2%€65k▲ 223%
Net result€31k-€71k▲ 132%€248k▲ 249%€29k▼ 88.3%€26k▼ 11.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 223% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.85M
Fixed assets
€667k ▲ 36.2%
Current assets
€1.19M ▲ 10.7%
Equity and liabilities €1.85M
Equity
€781k ▲ 3.4%
Provisions
€10k =
Debt
€1.06M ▲ 33.4%
Debt's share of the balance-sheet total rises from 51.0% to 57.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€112k▲
2024 · €80k
Cash flow
€72k▼
2024 · €89k
Current ratio
1.38▼
2024 · 1.72
Debt to equity
1.36▲
2024 · 1.05
ROE
3.3%▼
2024 · 3.8%
ROA
1.4%▼
2024 · 1.9%
Interest coverage
3.74▼
2024 · 3.76
Debt ≤ 1 year
€860k▲
2024 · €622k
Debt > 1 year
€190k▲
2024 · €174k
Income taxes
€10k▼
2024 · €11k
Staff costs
€164k▲
2024 · €141k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.56M€1.85M▲
Fixed assets21/28€490k€667k▲
Intangible fixed assets21€98k€144k▲
Tangible fixed assets22/27€129k€182k▲
Land and buildings22€95k€95k=
Plant, machinery and equipment23€14k€76k▲
Furniture and vehicles24€20k€11k▼
Financial fixed assets28€262k€341k▲
Current assets29/58€1.07M€1.19M▲
Amounts receivable after more than one year29€190k€394k▲
Other amounts receivable291€190k€394k▲
Amounts receivable within one year40/41€553k€589k▲
Trade receivables40€444k€553k▲
Other amounts receivable41€108k€37k▼
Cash at bank and in hand54/58€190k€91k▼
Deferred charges and accrued income490/1€139k€112k▼
Equity and liabilities
Total equity and liabilities10/49€1.56M€1.85M▲
Equity10/15€755k€781k▲
Reserves13€45k€45k=
Tax-exempt reserves132€45k€45k=
Profit (loss) carried forward14€710k€736k▲
Provisions and deferred taxes16€10k€10k=
Provisions for liabilities and charges160/5€10k€10k=
Environmental obligations163€10k€10k=
Amounts payable17/49€796k€1.06M▲
Amounts payable after more than one year17€174k€190k▲
Financial debts170/4€169k€155k▼
Other amounts payable178/9€5k€35k▲
Amounts payable within one year42/48€622k€860k▲
Current portion of amounts payable after more than one year42€22k€14k▼
Trade debts44€228k€265k▲
Suppliers440/4€228k€265k▲
Taxes, remuneration and social security45€73k€35k▼
Taxes450/3€60k€18k▼
Remuneration and social security454/9€13k€16k▲
Other amounts payable47/48€299k€547k▲
Accrued charges and deferred income492/3-€12k
Income statement
Code20242025
Non-recurring operating income76A€62k€81k▲
Remuneration, social security and pensions62€141k€164k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€46k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€94k€145k▲
Other operating charges640/8€98k€18k▼
Non-recurring operating charges66A-€50
Gross operating margin9900€414k€438k▲
Operating profit (loss)9901€20k€65k▲
Financial income75/76B€117€45▼
Recurring financial income75€117€45▼
Financial charges65/66B€21k€30k▲
Recurring financial charges65€21k€30k▲
Profit (loss) for the period before taxes9903€-987€36k▲
Transfer from deferred taxes780€41k-
Income taxes67/77€11k€10k▼
Profit (loss) for the period9904€29k€26k▼
Profit (loss) for the period to be appropriated9905€29k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€710k€736k▲
Profit (loss) brought forward from the previous period14P€681k€710k▲
The notes to these accounts (13 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €26k ▼11%
Net result drops to €26k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2018net €248k ▲249%
Operating result €350k, net result €248k, both a record.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 92 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 101 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500kEq €550k ▲23.9%
2 profitable years in a row build equity to €550k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 50 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Koekelberg · 1 establishment unit since 2000
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.
Leopold II-laan 2161081 KoekelbergGround area
62 m²
Building footprint
63 m²
Parcel 21492B0455/00A000, Brussels. Linked by address, not a title deed.
1 establishment unit
N.B.C.
since 20002.096.562.255
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0455/00A000 | Brussels | 62 m² | 1 · 63 m² | - |
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.
Similar companies · same sector, comparable size
ML ENTREPRISE
BE 0439.580.739
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MAGIC GAMING COMPANY
BE 0464.215.472
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Center jeux automatiques
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Brussel · Eq €799k
BET 90
BE 0835.349.746
Brussel · Eq €751k
NEWSPAPERSHOP DAILY
BE 0876.697.579
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Of 506 companies in sector 92000 we hold annual accounts for 303. 214 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-2000
Fiscal year end30-06
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.