NEW BRIGANTINE

Active

Public limited companyfounded 20215 yrs activeOlivier Strebelleplein 5, 1180 Ukkel, BelgiumKBO/BCE: BE 0772.823.051

The computed 12-month bankruptcy probability of NEW BRIGANTINE is 4.2% (elevated). The 2024 annual accounts show equity of €1.50M and a net result of €-14k. Equity remains stable across the filed fiscal years (±0.5% per year). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability68=

Solvency100=

Growth58=

Track record94

Bankruptcy probability, 12 months

4.2% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €85k at 30 days only on tighter terms

Liquidity short (current ratio 0.13 against 0.06 in 2023; short-term debt: 5.3% and cash: 0.6% of total assets), and 5.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

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 2024

Solvency, return and age of the figures

Solvency

94.7%

Return on assets

-0.9%

Age of the figures

21 mo

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

6 d early

2022

17 d early

2021

2 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€1.50M▼ 0.9%

2023 · €1.52M

2021: €1.53M 2022: €1.53M 2023: €1.52M

2021 → 2024

Total assets

€1.59M▼ 1.5%

2023 · €1.61M

2021: €1.66M 2022: €1.63M 2023: €1.61M

2021 → 2024

Net result

€-14k▼ 80.6%

2023 · €-8k

2021: €-31k 2022: €-2k 2023: €-8k

2021 → 2024

Working capital

€-74k▲ 17.3%

2023 · €-89k

2021: €-116k 2022: €-92k 2023: €-89k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€1.53M-€1.53M▼ 0.1%€1.52M▼ 0.5%€1.50M▼ 0.9%

Operating result€-31k-€-2k▲ 94.5%€-8k▼ 342%€-14k▼ 81.9%

Net result€-31k-€-2k▲ 94.2%€-8k▼ 325%€-14k▼ 80.6%

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

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €14k in 2024 against €8k in 2023; the loss grows.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.59M

99.3%

Fixed assets €1.58M▼ 1.8%

Current assets €11k▲ 83.5%

Equity and liabilities €1.59M

94.7%

Equity €1.50M▼ 0.9%

Debt €84k▼ 11.1%

The debt ratio falls from 5.9% to 5.3%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€16k▼

2023 · €21k

Cash flow

€15k▼

2023 · €21k

Solvency

94.7%▲

2023 · 94.1%

Current ratio

0.13▲

2023 · 0.06

Quick ratio

0.13▲

2023 · 0.06

Debt / equity

0.06▼

2023 · 0.06

ROE

-0.9%▼

2023 · -0.5%

ROA

-0.9%▼

2023 · -0.5%

Interest coverage

101.63▼

2023 · 152.48

Debt

€84k▼

2023 · €95k

Debt ≤ 1 year

€84k▼

2023 · €95k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€1.61M€1.59M▼

Fixed assets21/28€1.61M€1.58M▼

Tangible fixed assets22/27€1.61M€1.58M▼

Land and buildings22€1.61M€1.58M▼

Current assets29/58€6k€11k▲

Cash at bank and in hand54/58€5k€10k▲

Deferred charges and accrued income490/1€920€934▲

Equity and liabilities

Total equity and liabilities10/49€1.61M€1.59M▼

Equity10/15€1.52M€1.50M▼

Contributions10/11€1.86M€1.86M=

Capital10€1.86M€1.86M=

Issued capital100€1.86M€1.86M=

Profit (loss) carried forward14€-340k€-354k▼

Amounts payable17/49€95k€84k▼

Amounts payable within one year42/48€95k€84k▼

Trade debts44€2k€2k▼

Suppliers440/4€2k€2k▼

Other amounts payable47/48€93k€83k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k▲

Other operating charges640/8€6k€6k▲

Gross operating margin9900€27k€22k▼

Operating profit (loss)9901€-8k€-14k▼

Financial charges65/66B€141€153▲

Recurring financial charges65€141€153▲

Profit (loss) for the period before taxes9903€-8k€-14k▼

Profit (loss) for the period9904€-8k€-14k▼

Profit (loss) for the period to be appropriated9905€-8k€-14k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-340k€-354k▼

Profit (loss) brought forward from the previous period14P€-332k€-340k▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Filings 4

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

25-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

14-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

29-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

NBB filing

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, Ukkel · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Olivier Strebelleplein 51180 Ukkel

Ground area

2,768 m²

Building footprint

240 m²

Volume, LiDAR

2,721 m³

Parcel 21614F0453/00Y004, Brussels · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

New Brigantine

Olivier Strebelleplein 5, 1180 UkkelReal estate activities

since 20212.321.420.331

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21614F0453/00Y004	Brussels	2,768 m²	1 · 240 m²	13.7 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded24-08-2021

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.