NEW-BAZ
ActiveSummary
The computed 12-month bankruptcy probability of NEW-BAZ is 4.9% (elevated). The annual accounts of NEW-BAZ for fiscal year 2025 show a net loss of 90% of the equity at the start of that year. The 2025 annual accounts show equity of €1,353 and a net result of -€12,398. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 13874 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
How big
€33,890total assets 2025
- Equity
- €1,353
- Loss
- -€12,398
Turnover not published (abridged schema)
Who decides
Accounts filed 5 d late0 of 1 deed read
Why 27- Higher-failure-rate sector- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate region- Persistent lossesFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-60
Solvency29▼-40
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.91 against 1.53 in 2024; short-term debt: 96% and cash: 70.2% of total assets), and 96% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4%
Return on assets
-36.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€12,398
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
5 d late
2024
6 d late
2023
14 d late
2022
7 d late
2021
18 d late
2020
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
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. Usually files around 7 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€12,398
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €33,890Loss -€12,398Solvency 4.0%Liquidity 0.91
Turnover
€1,027
2020
Net result
-€12,398▼ 2,222%
2020 - 2025
Equity
€1,353▼ 90.2%
2020 - 2025
Solvency
4.0%▼ 40.4pp
2020 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€3,676▲ 30.5%€5,472-€1,066€2,501-€8,891
Net result-€4,008below the sector's middle half▲ 24.2%€5,288within the sector's middle half-€1,710within the sector's middle half-€534within the sector's middle half▲ 68.8%-€12,398below the sector's middle half▼ 2,222%
EBIT margin
Equity-€9,293below the sector's middle half▼ 75.8%€15,995within the sector's middle half€14,285within the sector's middle half▼ 10.7%€13,751within the sector's middle half▼ 3.7%€1,353within the sector's middle half▼ 90.2%
Total assets€2,398below the sector's middle half▼ 42.0%€21,403below the sector's middle half▲ 793%€26,338below the sector's middle half▲ 23.1%€30,998below the sector's middle half▲ 17.7%€33,890below the sector's middle half▲ 9.3%
Debt€11,691▲ 24.1%€5,408▼ 53.7%€12,053▲ 123%€17,247▲ 43.1%€32,536▲ 88.6%
Working capital-€10,531within the sector's middle half▼ 53.8%€6,957within the sector's middle half€6,586within the sector's middle half▼ 5.3%€9,081within the sector's middle half▲ 37.9%-€2,814within the sector's middle half
Solvency74.7%above the sector's middle half54.2%within the sector's middle half▼ 20.5pp44.4%within the sector's middle half▼ 9.9pp4.0%within the sector's middle half▼ 40.4pp
Current ratio2.29above the sector's middle half1.55within the sector's middle half▼ 0.741.53within the sector's middle half▼ 0.020.91within the sector's middle half▼ 0.61
Return on assets (ROA)24.7%above the sector's middle half-6.5%within the sector's middle half▼ 31.2pp-1.7%within the sector's middle half▲ 4.8pp-36.6%below the sector's middle half▼ 34.9pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8,891 after €2,501 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33,890
Fixed assets
€4,167 ▼ 10.8%
Current assets
€29,723 ▲ 12.9%
Equity and liabilities €33,890
Equity
€1,353 ▼ 90.2%
Debt
€32,536 ▲ 88.6%
Debt's share of the balance-sheet total rises from 55.6% to 96.0%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
-€6,569▼
2024 · €7,534
Cash flow
-€10,075▼
2024 · €4,499
Quick ratio
0.79▼
2024 · 1.26
Debt to equity
24.04▲
2024 · 1.25
ROE
-916.1%▼
2024 · -3.9%
Interest coverage
-1.97▼
2024 · 5.16
Debt ≤ 1 year
€32,536▲
2024 · €17,247
Income taxes
€166▼
2024 · €1,577
Staff costs
€1,178▼
2024 · €3,936
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 646 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
5.9%
stopped otherwise
86%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 646 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,936 | €1,178 | ▼ 70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €324 | €2,338 | €4,116 | €5,033 | €2,322 | ▼ 53.9% |
| Other operating charges640/8 | - | €348 | €2,244 | €3,702 | €2,576 | ▼ 30.4% |
| Gross operating margin9900 | -€3,352 | €8,157 | €5,294 | €15,173 | -€2,815 | ▼ 119% |
| Operating profit (loss)9901 | -€3,676 | €5,472 | -€1,066 | €2,501 | -€8,891 | ▼ 455% |
| Financial income75/76B | €0 | - | €1 | €3 | €1 | ▼ 81.1% |
| Recurring financial income75 | €0 | - | €1 | €3 | €1 | ▼ 81.1% |
| Financial charges65/66B | €332 | €184 | €644 | €1,461 | €3,341 | ▲ 129% |
| Recurring financial charges65 | €332 | €184 | €644 | €1,461 | €3,341 | ▲ 129% |
| Profit (loss) for the period before taxes9903 | -€4,008 | €5,288 | -€1,710 | €1,043 | -€12,231 | ▼ 1,272% |
| Income taxes67/77 | - | - | - | €1,577 | €166 | ▼ 89.5% |
| Profit (loss) for the period9904 | -€4,008 | €5,288 | -€1,710 | -€534 | -€12,398 | ▼ 2,222% |
| Profit (loss) for the period to be appropriated9905 | -€4,008 | €5,288 | -€1,710 | -€534 | -€12,398 | ▼ 2,222% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,398 | €21,403 | €26,338 | €30,998 | €33,890 | ▲ 9.3% |
| Fixed assets21/28 | €1,237 | €9,038 | €7,699 | €4,670 | €4,167 | ▼ 10.8% |
| Tangible fixed assets22/27 | €1,237 | €7,038 | €5,699 | €2,120 | €1,617 | ▼ 23.7% |
| Plant, machinery and equipment23 | - | €6,124 | €5,109 | €1,854 | €119 | ▼ 93.6% |
| Furniture and vehicles24 | - | - | - | - | €1,498 | - |
| Other tangible fixed assets26 | €1,237 | €913 | €590 | €266 | - | - |
| Financial fixed assets28 | - | €2,000 | €2,000 | €2,550 | €2,550 | = |
| Current assets29/58 | €1,160 | €12,365 | €18,639 | €26,328 | €29,723 | ▲ 12.9% |
| Stocks and contracts in progress3 | - | €4,120 | €3,563 | €4,520 | €3,950 | ▼ 12.6% |
| Stocks30/36 | - | €4,120 | €3,563 | €4,520 | €3,950 | ▼ 12.6% |
| Amounts receivable within one year40/41 | €1,154 | €984 | €1,588 | €24 | €937 | ▲ 3,801% |
| Trade receivables40 | - | - | €846 | - | €462 | - |
| Other amounts receivable41 | €1,154 | €984 | €742 | €24 | €475 | ▲ 1,878% |
| Cash at bank and in hand54/58 | €7 | €7,261 | €13,488 | €20,458 | €23,792 | ▲ 16.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,327 | €1,043 | ▼ 21.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,398 | €21,403 | €26,338 | €30,998 | €33,890 | ▲ 9.3% |
| Equity10/15 | -€9,293 | €15,995 | €14,285 | €13,751 | €1,353 | ▼ 90.2% |
| Contributions10/11 | €0 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | €0 | - | - | - | - | - |
| Issued capital100 | €20,000 | - | - | - | - | - |
| Uncalled capital101 | €20,000 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€9,293 | -€4,005 | -€5,715 | -€6,249 | -€18,647 | ▼ 198% |
| Amounts payable17/49 | €11,691 | €5,408 | €12,053 | €17,247 | €32,536 | ▲ 88.6% |
| Amounts payable within one year42/48 | €11,691 | €5,408 | €12,053 | €17,247 | €32,536 | ▲ 88.6% |
| Current portion of amounts payable after more than one year42 | €7 | - | - | - | - | - |
| Trade debts44 | €2,485 | €4,810 | €12,053 | €16,204 | €31,240 | ▲ 92.8% |
| Suppliers440/4 | €2,485 | €4,810 | €12,053 | €16,204 | €31,240 | ▲ 92.8% |
| Taxes, remuneration and social security45 | €48 | €48 | - | €1,043 | €1,296 | ▲ 24.3% |
| Taxes450/3 | €48 | €48 | - | €895 | €1,258 | ▲ 40.6% |
| Remuneration and social security454/9 | - | - | - | €148 | €38 | ▼ 74.4% |
| Other amounts payable47/48 | €9,151 | €550 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,008 | €5,288 | -€1,710 | -€534 | -€12,398 | ▼ 2,222% |
| + Depreciation and write-downs630 | €324 | €2,338 | €4,116 | €5,033 | €2,322 | ▼ 53.9% |
| Operating cash flow (approximation) | -€3,684 | €7,626 | €2,406 | €4,499 | -€10,075 | ▼ 324% |
| Investment in fixed assets (approximation) | - | -€10,138 | -€2,777 | -€2,004 | -€1,819 | ▲ 9.2% |
| Change in cash | - | €7,254 | €6,227 | €6,970 | €3,334 | ▼ 52.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Broodjesparadijs
BE 0695.530.778
Antwerpen · Eq €1,352
Ets BOLO SPRL
BE 0671.607.412
Lasne · Eq €1,359
BELLAFOOD
BE 1016.167.248
Etterbeek · Eq €1,347
LIN-LIN
BE 1032.249.551
Arendonk · Eq €1,345
BISTRO DIVINO
BE 0747.969.572
Genk · Eq €1,362
Of 21,835 companies in this sector we hold annual accounts for 9,786. 2,255 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
9 eventsLatest 05-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Weakest financial yearnet -€12,398
Net result drops to -€12,398, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Back to profitnet €5,288
Net result €5,288 after 2 loss-making years.
31-12
Financial
Liquidity times 23current ratio 2.29
Current ratio from 0.10 to 2.29; short-term debt falls from €11,691 to €5,408.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaremmeunit no. 2.308.577.036
Company details
Private limited company · founded 04-09-2019Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded04-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Contact
Phone
0497383692Waremme
E-invoicing
Reachable via Peppol
Peppol ID
0208:0733668309
Also
9925:BE0733668309
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Waremme · 1 establishment unit since 2020
Ground area
632 m²
Building footprint
152 m²
Volume, LiDAR
1,481 m³
2 parcels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
NEW-BAZ
since 2020unit no. 2.308.577.036
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074A0453/00B004 | Wallonia | 461 m² | 1 · 52 m² | 10.2 m · 3 fl. |
| 64074C0457/00L002 | Wallonia | 171 m² | 1 · 100 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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