NEW CCD

Active

Public limited companyfounded 200422 yrs activeAvenue de Spirou(FL) 32, 6220 Fleurus, BelgiumKBO/BCE: BE 0866.510.601

Summary

The computed 12-month bankruptcy probability of NEW CCD is 3.2% (moderate). The 2025 annual accounts show negative equity (-€168,774) and a net result of -€206,977. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 817 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

NEW CCDActiveChecked score 47/100

Risk analysis Report Compare

Activity

Machining of metals

NACE 25530Manufacture of fabricated metal products, except machinery and equipment NACE 25620NACE 28520

1 site

Size

€637,941total assets 2025

Equity: -€168,774
Loss: -€206,977

Financial health

47 Fair Checked score 2025

Bankruptcy chance 12 m: 3.2%

Structure

Parent: WALLGLASS · 99.99%

Accounts filed 89 d late0 of 12 deeds read

Why 47- Loss of €206,977, the second in a row (FY 2025)- Latest accounts 89 days late; 3 of the last 3 late- Negative equity -€168,774+ Size: total assets €637,941Show the evidence

Checked score

Score 2025

47 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 2% of its sector peers (NACE 25, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 0-27

equity -26.5% of total assets

Liquidity 2-24

short-term debt 95.8% · cash 1.3%

Profitability 0-9

return on assets -32.4%

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,693 companies)

Last 24 months 11-2024: 2.7% 12-2024: 2.7%▼ -0.9% vs 11-2024lowest value 01-2025: 2.8%▲ +4.5% vs 12-2024 02-2025: 3.2%▲ +11.6% vs 01-2025 03-2025: 3.2%▲ +2.2% vs 02-2025 04-2025: 3.3%▲ +2.7% vs 03-2025 05-2025: 3.6%▲ +9.5% vs 04-2025 06-2025: 4.4%▲ +20.6% vs 05-2025 07-2025: 5.7%▲ +30.4% vs 06-2025 08-2025: 3.4%▼ -40.2% vs 07-2025 09-2025: 3.4%● 0.0% vs 08-2025 10-2025: 3.4%● 0.0% vs 09-2025 11-2025: 3.5%▲ +1.4% vs 10-2025 12-2025: 3.8%▲ +10.1% vs 11-2025 01-2026: 3.8%▲ +0.1% vs 12-2025 02-2026: 3.8%▼ -1.1% vs 01-2026 03-2026: 3.8%● 0.0% vs 02-2026 04-2026: 3.9%▲ +2.6% vs 03-2026 05-2026: 4.1%▲ +5.0% vs 04-2026 06-2026: 4.5%▲ +10.3% vs 05-2026 07-2026: 5.4%▲ +21.2% vs 06-2026 08-2026: 6.3%▲ +16.8% vs 07-2026highest value 09-2026: 3.2%▼ -49.3% vs 08-2026 10-2026: 3.2%● 0.0% vs 09-2026

Size: total assets €637,941 lowers the probability for this profile
Loss of €206,977, the second in a row (FY 2025) raises the probability
Latest accounts 89 days late; 3 of the last 3 late raises the probability
Negative equity -€168,774 raises the probability

No credit on open account

Liquidity tight (current ratio 1.04 against 1.21 in 2024; short-term debt: 95.8% and cash: 1.3% of total assets), and equity is negative.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 3%, liquidity 2%, profitability 4%, growth against the median 0%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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.

−lowers risk+raises risk○neutral

Size: total assets €637,941

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Loss of €206,977, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Latest accounts 89 days late; 3 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Negative equity -€168,774

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€168,774

Filed after the deadline

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-07-2026, 89 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 · 10 filings

Deviation from the deadline

2025

89 d late

2024

62 d late

2023

69 d late

2022

136 d late

2021

236 d late

2020

28 d late

2019

348 d 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 138 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 July (4 of the last 5 filed years within 47 days of that day).

Companies Code · seven months

Position in the running window

30-09-2026 close04-10-2026 today30-04-2027 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

28-07-26 Annual accounts filedfiscal year 2025 · full…
01-07-25 Annual accounts filedfiscal year 2024 · full…
30-09-24 Weakest financial yearnet -€359,207

Key points

Risk: Negative equityfiscal year 2025: debts exceed assets -€168,774 View
Caution: Among the weakest 5% on solvencysector median 45.9% · 817 companies -26.5% View
Caution: Latest accounts filed lateafter the legal deadline 89 d View
Controlled by WALLGLASS 99.99% View
Caution: 2 loss-making years in a rowloss fiscal year 2025 -€206,977 View
Positive: Result rose in 2025from -€359,207 to -€206,977 ▲ 42.4% View