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NEW BEGINNING

Active
Private limited companyfounded 20214 yrs activeKBO/BCE: BE 0777.871.605
Summary

The computed 12-month bankruptcy probability of NEW BEGINNING is 11.1% (high). The latest annual accounts of NEW BEGINNING were filed more than 90 days after the deadline. The 2022 annual accounts show negative equity (-€18,129) and a net result of -€19,629. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Axes, FY 2022
Profitability0
Solvency5
Growth-
Track record79
Bankruptcy probability, 12 months
11.1% High
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
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 2022
Solvency, return and age of the figures
Solvency
-19.8%
Return on assets
-21.4%
Age of the figures
45 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-05-2024, 298 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2022
298 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2022 accounts 298 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 November 2021, NEW BEGINNING was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022

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Financials · fiscal year 2022, micro schema

Turnover
€96,653
EBIT margin
-20.1%
Net result
-€19,629
Working capital
-€18,129

Turnover and EBIT margin not published: the micro schema does not require them.

Key figures and ratios
2022 value
Solvency
-19.8%
Current ratio
0.83
Debt to equity
-6.05
ROA
-21.4%
Debt
€109,680
Debt ≤ 1 year
€109,680
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 30 lines
Balance sheet Code2022
Assets
Total assets20/58€91,551
Current assets29/58€91,551
Amounts receivable within one year40/41€91,551
Trade receivables40€91,551
Cash at bank and in hand54/58€0
Equity and liabilities
Total equity and liabilities10/49€91,551
Equity10/15-€18,129
Contributions10/11€1,500
Profit (loss) carried forward14-€19,629
Amounts payable17/49€109,680
Amounts payable within one year42/48€109,680
Financial debts43€19,200
Credit institutions430/8€19,200
Trade debts44€17,849
Suppliers440/4€17,849
Taxes, remuneration and social security45€13,421
Taxes450/3€5,601
Remuneration and social security454/9€7,820
Other amounts payable47/48€59,210
Income statement Code2022
Turnover70€96,653
Goods, raw materials, services and sundry goods60/61€115,240
Other operating charges640/8€877
Gross operating margin9900-€18,587
Operating profit (loss)9901-€19,465
Financial charges65/66B€165
Recurring financial charges65€165
Profit (loss) for the period before taxes9903-€19,629
Profit (loss) for the period9904-€19,629
Profit (loss) for the period to be appropriated9905-€19,629
Appropriation of the result
Profit (loss) to be appropriated9906-€19,629

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022
Turnover70€96,653
Goods, raw materials, services and sundry goods60/61€115,240
Other operating charges640/8€877
Gross operating margin9900-€18,587
Operating profit (loss)9901-€19,465
Financial charges65/66B€165
Recurring financial charges65€165
Profit (loss) for the period before taxes9903-€19,629
Profit (loss) for the period9904-€19,629
Profit (loss) for the period to be appropriated9905-€19,629
Line2022
Assets
Total assets20/58€91,551
Current assets29/58€91,551
Amounts receivable within one year40/41€91,551
Trade receivables40€91,551
Cash at bank and in hand54/58€0
Equity and liabilities
Total equity and liabilities10/49€91,551
Equity10/15-€18,129
Contributions10/11€1,500
Profit (loss) carried forward14-€19,629
Amounts payable17/49€109,680
Amounts payable within one year42/48€109,680
Financial debts43€19,200
Credit institutions430/8€19,200
Trade debts44€17,849
Suppliers440/4€17,849
Taxes, remuneration and social security45€13,421
Taxes450/3€5,601
Remuneration and social security454/9€7,820
Other amounts payable47/48€59,210
Line2022
Profit (loss) for the period9904-€19,629
Operating cash flow (approximation)-€19,629

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
24-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 298 days late
NBB filing
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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Directors · office · real estate

Directors
1 act for this company is 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, Steenokkerzeel · 2 establishment units since 2021
seat establishment All 2 establishment units on the map
Ground area
666 m²
Building footprint
222 m²
Volume, LiDAR
695 m³
2 parcels, Flanders · tallest building 22.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
NEW BEGINNING
Food and beverage service activities
since 20212.324.708.730
't KLEIN STADHUIS
Grote Markt 28, 1800 VilvoordeFood and beverage service activities
since 20222.336.641.611
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23065A0020/02T000 Flanders 564 m² 1 · 121 m² 22.8 m · 2 fl.
23642D0383/00S000 Flanders 102 m² 1 · 101 m² -
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.

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Steenokkerzeel2.324.708.730
1 permission
Drankgelegenheid · since 01-01-2023
Vilvoorde2.336.641.611
1 permission
Drankgelegenheid · since 01-10-2022

Identification & contact

Identification
Legal formPrivate limited company
Founded30-11-2021
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.