DE NIEUWE TRAP
ActiveSummary
DE NIEUWE TRAP has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €5k. Equity is growing by ~47.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 3674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
52
/ 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
Profitability71▼-14
Solvency37▼-56
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.97 against 3.19 in 2024; short-term debt: 83.6% and cash: 35% of total assets), and 88.3% of the assets are financed with debt.
Credit check 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 56
Relative position
BE, all sectors
reference
Sector 56
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
11.7%
Return on assets
2.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 d late
2023
31 d late
2022
58 d late
2021
58 d late
2020
11 d late
2019
75 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€28k▼ 93.4%
2024 · €426k
2018: €42k
2019: €67k
2020: €75k
2021: €189k
2022: €269k
2023: €347k
2024: €426k
2018 → 2025
Total assets
€240k▼ 61.6%
2024 · €624k
2018: €224k
2019: €245k
2020: €210k
2021: €349k
2022: €432k
2023: €510k
2024: €624k
2018 → 2025
Net result
€5k▼ 93.5%
2024 · €80k
2018: €2k
2019: €25k
2020: €8k
2021: €114k
2022: €80k
2023: €78k
2024: €80k
2018 → 2025
Working capital
€-6k
2024 · €411k
2018: €43k
2019: €66k
2020: €71k
2021: €194k
2022: €244k
2023: €321k
2024: €411k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€189k-€269k▲ 42.1%€347k▲ 29.1%€426k▲ 22.9%€28k▼ 93.4%
Operating result€127k-€114k▼ 10.5%€116k▲ 1.6%€123k▲ 6.0%€4k▼ 96.8%
Net result€114k-€80k▼ 30.4%€78k▼ 1.7%€80k▲ 1.7%€5k▼ 93.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 97% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240k
Fixed assets
€45k ▲ 77.4%
Current assets
€195k ▼ 67.5%
Equity and liabilities €240k
Equity
€28k ▼ 93.4%
Debt
€212k ▲ 7.2%
Debt's share of the balance-sheet total rises from 31.7% to 88.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €132k
Cash flow
€17k▼
2024 · €88k
Current ratio
0.97▼
2024 · 3.19
Quick ratio
0.90▼
2024 · 3.17
Debt to equity
7.58▲
2024 · 0.46
ROE
18.6%▼
2024 · 18.7%
ROA
2.2%▼
2024 · 12.7%
Interest coverage
96.68▲
2024 · 11.50
Debt ≤ 1 year
€201k▲
2024 · €188k
Income taxes
€3k▼
2024 · €32k
Staff costs
€255k▲
2024 · €233k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€624k€240k▼
Fixed assets21/28€25k€45k▲
Tangible fixed assets22/27€21k€41k▲
Plant, machinery and equipment23€20k€31k▲
Furniture and vehicles24€855€10k▲
Financial fixed assets28€4k€4k=
Current assets29/58€599k€195k▼
Stocks and contracts in progress3€4k€14k▲
Stocks30/36€4k€14k▲
Amounts receivable within one year40/41€26k€95k▲
Trade receivables40€200-
Other amounts receivable41€26k€95k▲
Current investments50/53€134k€1k▼
Cash at bank and in hand54/58€434k€84k▼
Equity and liabilities
Total equity and liabilities10/49€624k€240k▼
Equity10/15€426k€28k▼
Contributions10/11€19k€19k=
Reserves13€407k€4k▼
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€403k-
Profit (loss) carried forward14€385€5k▲
Amounts payable17/49€198k€212k▲
Amounts payable within one year42/48€188k€201k▲
Trade debts44€45k€39k▼
Suppliers440/4€45k€39k▼
Taxes, remuneration and social security45€108k€128k▲
Taxes450/3€79k€106k▲
Remuneration and social security454/9€28k€22k▼
Other amounts payable47/48€34k€33k▼
Accrued charges and deferred income492/3€10k€11k▲
Income statement
Code20242025
Non-recurring operating income76A€826-
Remuneration, social security and pensions62€233k€255k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€976€2k▲
Gross operating margin9900€366k€272k▼
Operating profit (loss)9901€123k€4k▼
Financial income75/76B€122€5k▲
Recurring financial income75€122€5k▲
Financial charges65/66B€11k€160▼
Recurring financial charges65€11k€160▼
Profit (loss) for the period before taxes9903€111k€9k▼
Income taxes67/77€32k€3k▼
Profit (loss) for the period9904€80k€5k▼
Profit (loss) for the period to be appropriated9905€80k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€5k▼
Profit (loss) brought forward from the previous period14P€385-
Transfer from equity791/2-€404k
Transfer to equity691/2€80k-
To other reserves6921€80k-
Profit to be distributed694/7-€404k
Return on contributions (dividend)694-€404k
Social balance
Average headcount (FTE)90875.16.2▲
The notes to these accounts (6 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
31-12
Financial
Equity above €200kEq €269k ▲42.1%
5 profitable years in a row build equity to €269k.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Highest result since 2018net €114k ▲1306%
Operating result €127k, net result €114k, both a record.
31-12
Financial
Equity above €150kEq €189k ▲153%
4 profitable years in a row build equity to €189k.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 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, Kortrijk · 2 establishment units since 1994
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.
Burgemeester Reynaertstraat(Kor) 198500 KortrijkGround area
396 m²
Building footprint
343 m²
Volume, LiDAR
4,524 m³
2 parcels, Flanders · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
DE NIEUWE TRAP
since 19942.065.567.884
Den Bras
since 19982.238.341.415
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0028/00D003 | Flanders | 216 m² | 1 · 163 m² | 17.1 m · 5 fl. |
| 34022E0028/00N004 | Flanders | 180 m² | 1 · 180 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesKortrijk2.065.567.884
Kortrijk2.238.341.415
Similar companies · same sector, comparable size
KAWA
BE 1006.140.319
Liège · Eq €27,944
LA GRANGE ACHOUFFE
BE 0502.345.875
Houffalize · Eq €27,946
LE VORLAT'S
BE 0804.737.833
Mouscron · Eq €27,930
CBA BURGER
BE 0845.745.176
Liège · Eq €27,953
Reutemeteut
BE 0801.688.568
Retie · Eq €27,955
Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,078 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 (pre-2019)
Founded28-12-1993
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.