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NEW BRANDS

Active
Private limited companyfounded 2017active for 8 yearsSterrewegel 21, 8680 Koekelare, BelgiumKBO/BCE: BE 0685.611.737
Summary

The computed 12-month bankruptcy probability of NEW BRANDS is 2.2% (moderate). The 2025 annual accounts show negative equity (-€270,402) and a net result of -€78,903. Equity is shrinking by about 53% per year across the filed financial years. Its solvency ranks better than 14% of 802 sector peers (NACE 58, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Publishing activities
NACE 58130
1 site
Size
€652,068total assets 2025
Equity
-€270,402
Loss
-€78,903
Turnover not published (micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Accounts 21 days early1 of 4 deeds read
Why 51raises riskLiquidity: current ratio 0.002 of the last 3 latelowers riskSize: total assets €652,068Sector: Publishing activities (NACE 58)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 11% of its sector peers (NACE 58, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -41.5% of total assets
Liquidity 4-23
short-term debt 87.1%
Profitability 4=
return on assets -12.1%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,273 companies, NACE 58, micro)
Last 24 months 11-2024: 4.6% 12-2024: 5.0%▲ +0.4 percentage points vs 11-2024 01-2025: 3.6%▼ -1.4 percentage points vs 12-2024 02-2025: 3.6%● unchanged vs 01-2025 03-2025: 3.6%● unchanged vs 02-2025 04-2025: 3.6%● unchanged vs 03-2025 05-2025: 3.6%● unchanged vs 04-2025 06-2025: 3.4%▼ -0.2 percentage points vs 05-2025 07-2025: 3.0%▼ -0.4 percentage points vs 06-2025 08-2025: 3.5%▲ +0.5 percentage points vs 07-2025 09-2025: 4.0%▲ +0.5 percentage points vs 08-2025 10-2025: 5.4%▲ +1.4 percentage points vs 09-2025 11-2025: 5.5%▲ +0.1 percentage points vs 10-2025 12-2025: 5.7%▲ +0.2 percentage points vs 11-2025highest value 01-2026: 5.2%▼ -0.5 percentage points vs 12-2025 02-2026: 5.2%● unchanged vs 01-2026 03-2026: 5.2%● unchanged vs 02-2026 04-2026: 5.2%● unchanged vs 03-2026 05-2026: 5.0%▼ -0.2 percentage points vs 04-2026 06-2026: 4.8%▼ -0.2 percentage points vs 05-2026 07-2026: 4.4%▼ -0.4 percentage points vs 06-2026 08-2026: 2.2%▼ -2.2 percentage points vs 07-2026lowest value 09-2026: 2.2%● unchanged vs 08-2026lowest value 10-2026: 2.2%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.0, compared with 0.01 in 2024, below 1; short-term debt: 87.1% of total assets), 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 58, micro): better than 7% on solvency, 4% on liquidity, 18% on profitability and 16% on growth.

The bankruptcy probability was computed on 14-10-2026 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 · Liquidity: current ratio 0.00
NBB · annual accounts
lowers risk · Size: total assets €652,068
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Publishing activities (NACE 58)
KBO
raises risk · 2 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€270,402
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 10-07-2026, 21 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
21 days early
2024
151 days late
2023
152 days late
2022
81 days late
2021
270 days late
2020
90 days late
2019
145 days late
← 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 124 days after the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 December (4 of the last 5 filed years within 119 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Arlette Debou (director)Appointment: Yentl Vandewalle (director) ·…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€270,402 View
  • Risk: 8 loss-making years in a rowloss financial year 2025 -€78,903 View
  • Caution: Among the weakest 5% on net resultsector median €6,353 · 800 companies -€78,903 View
  • Caution: Board changedlatest change 30-06-2026 · 1 in office 1 joined · 1 left View
  • Caution: Equity fell in 2025from -€191,499 to -€270,402 ▼ 41.2% View

By topic

Financials

Financial year
2025
Total assets
€652,068
Loss
-€78,903
Solvency
-41.5%
Total assets▼ 2.9%
Net result
20182025
Go to Financials

Timeline

Events
10
Since
2020
Next accounts
by 31-07-2027
  1. 30-12-2024Annual accounts filed
  2. 20-10-2023Annual accounts filed
  3. 27-04-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Publishing activitiesNACE 58130
Founded
04-12-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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