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BRAND NEW

Active
Private limited company (pre-2019)founded 1995active for 31 yearsMaurice Verdoncklaan 71, 9050 Gent, BelgiumKBO/BCE: BE 0454.539.327
Summary

BRAND NEW has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,256) and a net result of €998. Equity is shrinking by about 7.7% per year across the filed financial years. Its solvency ranks better than 5% of 11,666 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Activities of building architects
NACE 71111
1 site
Size
€2,719total assets 2025
Equity
-€56,256
Profit
€998
Turnover not published (abbreviated or micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 25 days early
Why 55raises riskCapped at 59: negative equityNegative equity -€56,256lowers riskSize: total assets €2,719Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 0.02, cash €552Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (NACE 71, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -2069.2% of total assets
Liquidity 25-8
short-term debt 2169.2% · cash 20.3%
Profitability 100+100
return on assets 36.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,791 companies, NACE 71, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.4 percentage points vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 3% on solvency, 10% on liquidity, 88% on profitability and 44% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€56,256
NBB · annual accounts
lowers risk · Size: total assets €2,719
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 0.02, cash €552
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 11666 sector peers (2025).
NBB · sector comparison
Position among 11666 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
73 days early
2023
29 days early
2022
73 days early
2021
292 days late
2020
3 days late
2019
85 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 2 October (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end10-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €998
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€56,256 View
  • Caution: Among the weakest 5% on solvencysector median 54.1% · 11,666 companies -2069.2% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€2,719
Profit
€998
Solvency
-2069.2%
Total assets▲ 36.8%
Net result
20192025
Go to Financials

Timeline

Events
31
Since
1997
Next accounts
by 31-10-2026
  1. 02-10-2023Annual accounts filed
  2. 19-08-2022Annual accounts filed
  3. 19-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Activities of building architectsNACE 71111
Founded
13-02-1995
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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