Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Newtechnics Group is 0.7% (low). The 2024 annual accounts show equity of €109k and a net result of €9k. Equity is growing by ~47.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 89 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 27.3% | 24.9% | |
| Net result | €9k | €38k | |
| Equity | €109k | €146k | |
| Gross operating margin | €225k | €241k | |
| Staff costs | €174k | €170k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €50k |
| Net profit | €9k |
| Cash flow | €27k |
| Staff costs | €174k |
| Income taxes | €7k |
| Dividends | €33k |
| Total assets | €401k |
| Equity | €109k |
| Debt | €292k |
| of which ≤ 1y | €139k |
| of which > 1y | €152k |
| Working capital | €200k |
| Employees (FTE) | 2.7 |
| 2024 | |
|---|---|
| Current ratio | 2.44 |
| Quick ratio | 0.99 |
| Working capital ratio | 49.9% |
| Solvency | 27.3% |
| Debt / equity | 2.66 |
| Long-term debt ratio | 1.39 |
| Interest coverage | 2.85 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.3% |
| ROE | 8.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €401k |
| Fixed assets | 21/28 | €62k |
| Intangible fixed assets | 21 | €10k |
| Tangible fixed assets | 22/27 | €49k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €339k |
| Stocks & contracts in progress | 3 | €201k |
| Amounts receivable within one year | 40/41 | €44k |
| Cash & bank | 54/58 | €93k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €401k |
| Equity | 10/15 | €109k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €48k |
| Amounts payable | 17/49 | €292k |
| Amounts payable after one year | 17 | €152k |
| Amounts payable within one year | 42/48 | €139k |
| Income statement | ||
| Gross operating margin | 9900 | €225k |
| Operating result | 9901 | €33k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €17k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A0193/00G000 | Flanders | 1,872 m² | 1 · 1.2 ha | 8.4 m · 2 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
2 acts25-10-2024 2 resigning
- Nisary Shahab, Bestuurder
- Walter Schoenmaekers, Vaste vertegenwoordiger
01-08-2024 Capital decrease of €125,000 to €61,600
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by stability.
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | Newtechnics Group |