Equity
€70,191 from €223,168 in 2020
Equity fell by 69% in 5 years.
De Nieuwe Tijd
Lifetime
17 annual accounts with figures on one time axis, 18 filings since 2006peak €768,390 (2009)
€199,732▲ 28.2%
lowest -€94,508 (2021)
-€48,224▼ €18,057
peak €223,168 (2020)
€70,191▼ 40.7%
€79,763▲ 14.2%
peak 18.7 FTE (2010)
2.4 FTE▼ 73.3%
Board21 names since 2017all names
7 directors and 6 others
Documentsfilings and deeds
22-06-202639 days before the deadline
2025abbreviated format
Gross margin from €155,802 to €199,732Loss of €48,224Staff from 9 FTE to 2.4 FTEEquity from €118,415 to €70,191
Key points
from the 2025 annual accountsDeficits
-€78,391 in two years
The 2024 and 2025 financial years closed with a deficit. 2025 was the heaviest.
Staff
2.4 FTE from 18.7 in 2010
Between 2010 and 2025, 87% of the full-time equivalents disappeared.
Filings
18 annual accounts since 2006
The last five annual accounts were filed 39 to 110 days before the end of the period.
Position in the sector
-€48,224
Lower net result than 85% of companies in creative and performing arts. Sector median €16,499 · 704 companies.
Public support
€1.4m awarded from 2022 to 2025
Flemish support, mostly Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021).
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,843 companies had the same profile as De Nieuwe Tijd has now. Each dot stands for 15 companies, two years later.
84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,843 companies, not a prediction for De Nieuwe Tijd. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Chair
Daily manager
Director, since 28-03-2022
Director
Director
Director
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0432954748
5 directors appointed, 3 resignations
Resignations: , (day-to-day manager) and · Appointments: (day-to-day manager), , , and · General meeting of 18-03-2024 · Gazette deed
Registered office moved within Antwerp
New registered office: Meistraat 2 te 2000 Antwerpen · Previous registered office: Paardenmarkt 111, 2000 Antwerpen · General meeting of 07-06-2023 · Gazette deed
1 director appointed, 2 resignations
Resignations: and · Appointment: · General meeting of 28-03-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| De Nieuwe Tijd Antwerp | €149,955 | €199,732 | 46.8% | 2.4 |
| SKaGeN Antwerp | €114,550 | €218,710 | 8.0% | 1.9 |
| GRAINDELAVOIX Antwerp | €139,582 | €184,441 | 2.4% | 1.5 |
| Sfinks - Animatie Boechout | €110,043 | €458,880 | 11.8% | 4.5 |
| Centre Régional des Jeunesses Musicales de Bruxelles-Capitale Auderghem | €174,801 | €230,242 | 48.2% | 4.2 |
| MiramirO Ghent | €260,132 | €219,702 | 83.5% | 2.8 |
| Hainaut-Cinéma La Louvière | €142,587 | €81,494 | 74.7% | 1 |
These companies have the same main activity as De Nieuwe Tijd: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €110,000 and €260,000, founded between 1973 and 1999.
Official details
Source: KBO- Status
- Active since 22-10-1986Normal situation
- Activity
- Promotion and organisation of arts and performing arts eventsNACE 90391and 1 other
- Establishment unit
- 2.155.767.0952000 Antwerp, since 28-08-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €510,000estimated
- €149,955▼ 20.4%
- Employeeson 31-12-2025
- 3▼ 78.6%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on De Nieuwe Tijd
De Nieuwe Tijd files the abbreviated format. That format states no turnover. The gross margin fell from €737,610 in 2007 to €199,732 in 2025.
In March 2024, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about De Nieuwe Tijd
- What is the company number of De Nieuwe Tijd?
- The company number of De Nieuwe Tijd is 0432.954.748. The VAT number is the same number with BE in front: BE 0432.954.748.
- Where is De Nieuwe Tijd based?
- The registered office is at Meistraat 2, 2000 Antwerp.Company details
- What does De Nieuwe Tijd do?
- According to the KBO register, the main activity is promotion and organisation of arts and performing arts events (NACE 90391).
- What is the legal form of De Nieuwe Tijd?
- De Nieuwe Tijd is a non-profit association (VZW).
- When was De Nieuwe Tijd founded?
- De Nieuwe Tijd was founded on 22-10-1986.
- Is De Nieuwe Tijd still active?
- Yes, De Nieuwe Tijd is an active enterprise in the KBO register.
- How many employees does De Nieuwe Tijd have?
- De Nieuwe Tijd had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of De Nieuwe Tijd?
- The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €199,732 and 1,653 comparable companies of the same size. It probably lies between €310,000 and €950,000. It is a rough estimate.
- Is De Nieuwe Tijd profitable?
- In financial year 2025, De Nieuwe Tijd made a loss of €48,224.
- Where can I find the annual accounts of De Nieuwe Tijd?
- De Nieuwe Tijd filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of De Nieuwe Tijd due?
- De Nieuwe Tijd must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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