Equity
€3.2m from €14.5m in 2021
Equity fell by 78% in 4 years.
New chapter
Lifetime
6 annual accounts with figures on one time axispeak €9,575 (2022)
-€25,210▲ €2,528
lowest -€473,308 (2022)
€752,151▲ €782,102
peak €14.5m (09-12-2021)
€3.2m▲ 30.9%
€32,387▼ 84.0%
Board2 names since 2021
1 director
Documentsfilings and deeds
30-04-202692 days before the deadline
2025micro format
Back to profit: €752,151Amendment of the articles · Legal-form change 03-03Equity from €2.4m to €3.2mDebts from €201,791 to €32,387Investments €209,920
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,127 companies had the same profile as New chapter has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,127 companies, not a prediction for New chapter. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 10-12-2021
Auditor,
- deed of 14-10-2022
Shares in 4 companies, including and
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0778506855
Amendment of the articles · Legal-form change
Board meeting of 17-02-2025 · Gazette deed
Capital increase to €2,595,871.05
Capital from €2,167,602 to €2,595,871.05, 1,000 new shares · Contribution of €428,269.23 · Appointment: (statutory auditor) · General meeting of 21-10-2024 · Gazette deed
Demerger: New chapter splits off to HSI
Capital decrease of €12,156,867.96 · is a shareholder · General meeting of 29-06-2022 · Gazette deed
Official details
Source: KBO- Status
- Active since 10-12-2021Normal situation
- Activity
- “La Société a pour objet toutes les opérations se rapportant directement ou indirectement à…” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.326.438.2011180 Uccle, since 10-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- €3.2m▲ 22.1%
- Filing
- Filed on 30-04-2026, 92 days before the end of the filing period
Companies linked to New chapter
Subsidiaries and holdings
- 68%
- 50%
Insights on New chapter
New chapter files the micro format. That format states no turnover. The gross margin fell from -€3,360 in 2021 to -€25,210 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about New chapter
- What is the company number of New chapter?
- The company number of New chapter is 0778.506.855. The VAT number is the same number with BE in front: BE 0778.506.855.
- Where is New chapter based?
- The registered office is at Korporaaldreef 15 A, 1180 Uccle.Company details
- What is the legal form of New chapter?
- New chapter is a private limited company (BV).
- When was New chapter founded?
- New chapter was founded on 10-12-2021.
- Is New chapter still active?
- Yes, New chapter is an active enterprise in the KBO register.
- What is the turnover of New chapter?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is New chapter profitable?
- In financial year 2025, New chapter made a profit of €752,151.
- Where can I find the annual accounts of New chapter?
- New chapter filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of New chapter due?
- New chapter must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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