NEW CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of NEW CONCEPT is 2.0% (moderate). For NEW CONCEPT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €358k and a net result of €23k. Equity is growing by ~10.3% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability58▼-2
Solvency57▲+1
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
32%
Return on assets
2.1%
Age of the figures
26 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-07-2025 was due at the National Bank by 28-02-2026. Nothing is on record, 209 days later.
NBB · 10 filingsPosition against the passed deadline
31-07-2025 close28-02-2026 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-07-2024 was due by 28-02-2025 and was filed on 01-03-2025, 1 day 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 filingsDeviation from the deadline
2025
not filed
2024
1 d late
2023
4 d late
2022
258 d late
2021
140 d late
2020
36 d late
2019
160 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€1.66M▲ 8.9%
2023 · €1.53M
2019: €5.03Mhighest in 6 years
2020: €2.23M▼ -55.6% vs 2019
2021: €1.71M▼ -23.3% vs 2020
2022: €1.53M▼ -10.6% vs 2021
2023: €1.53M▼ -0.4% vs 2022lowest in 6 years
2024: €1.66M▲ +8.9% vs 2023
2019 → 2024
EBIT margin
2.2%▼ 0.6pp
2023 · 2.8%
2019: 1.1%lowest in 6 years
2020: 2.6%▲ +127% vs 2019
2021: 2.7%▲ +7.7% vs 2020
2022: 2.6%▼ -4.8% vs 2021
2023: 2.8%▲ +8.5% vs 2022highest in 6 years
2024: 2.2%▼ -21.9% vs 2023
2019 → 2024
Net result
€23k▼ 24.8%
2023 · €31k
2019: €28k
2020: €32k▲ +14.8% vs 2019
2021: €32k▲ +1.7% vs 2020highest in 6 years
2022: €27k▼ -15.3% vs 2021
2023: €31k▲ +13.5% vs 2022
2024: €23k▼ -24.8% vs 2023lowest in 6 years
2019 → 2024
Working capital
€336k▲ 10.4%
2023 · €304k
2019: €157klowest in 6 years
2020: €200k▲ +27.4% vs 2019
2021: €252k▲ +26.1% vs 2020
2022: €262k▲ +4.0% vs 2021
2023: €304k▲ +16.0% vs 2022
2024: €336k▲ +10.4% vs 2023highest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.23M-€1.71M▼ 23.3%€1.53M▼ 10.6%€1.53M▼ 0.4%€1.66M▲ 8.9%
2020: €2.23Mhighest in 5 years
2021: €1.71M▼ -23.3% vs 2020
2022: €1.53M▼ -10.6% vs 2021
2023: €1.53M▼ -0.4% vs 2022lowest in 5 years
2024: €1.66M▲ +8.9% vs 2023
Equity€244k-€276k▲ 13.2%€303k▲ 9.9%€334k▲ 10.2%€358k▲ 7.0%
2020: €244klowest in 5 years
2021: €276k▲ +13.2% vs 2020
2022: €303k▲ +9.9% vs 2021
2023: €334k▲ +10.2% vs 2022
2024: €358k▲ +7.0% vs 2023highest in 5 years
Operating result€57k-€47k▼ 17.4%€40k▼ 14.9%€43k▲ 8.1%€37k▼ 15.0%
2020: €57khighest in 5 years
2021: €47k▼ -17.4% vs 2020
2022: €40k▼ -14.9% vs 2021
2023: €43k▲ +8.1% vs 2022
2024: €37k▼ -15.0% vs 2023lowest in 5 years
Net result€32k-€32k▲ 1.7%€27k▼ 15.3%€31k▲ 13.5%€23k▼ 24.8%
2020: €32k
2021: €32k▲ +1.7% vs 2020highest in 5 years
2022: €27k▼ -15.3% vs 2021
2023: €31k▲ +13.5% vs 2022
2024: €23k▼ -24.8% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.12M
Fixed assets
€22k ▼ 27.6%
Current assets
€1.10M ▲ 5.0%
Equity and liabilities €1.12M
Equity
€358k ▲ 7.0%
Debt
€760k ▲ 2.8%
Debt's share of the balance-sheet total falls from 68.9% to 68.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▼
2023 · €54k
Cash flow
€37k▼
2023 · €42k
Current ratio
1.44▲
2023 · 1.41
Debt to equity
2.13▼
2023 · 2.21
ROE
6.5%▼
2023 · 9.3%
ROA
2.1%▼
2023 · 2.9%
Interest coverage
6.43▼
2023 · 15.29
Debt ≤ 1 year
€760k▲
2023 · €740k
Income taxes
€6k▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.07M€1.12M▲
Fixed assets21/28€30k€22k▼
Tangible fixed assets22/27€30k€21k▼
Furniture and vehicles24€30k€21k▼
Financial fixed assets28€600€600=
Current assets29/58€1.04M€1.10M▲
Amounts receivable within one year40/41€1.04M€1.09M▲
Trade receivables40€895k€955k▲
Other amounts receivable41€146k€138k▼
Cash at bank and in hand54/58€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.12M▲
Equity10/15€334k€358k▲
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€18k€18k=
Profit (loss) carried forward14€296k€319k▲
Amounts payable17/49€740k€760k▲
Amounts payable within one year42/48€740k€760k▲
Current portion of amounts payable after more than one year42€2k€2k=
Trade debts44€729k€744k▲
Suppliers440/4€182k€190k▲
Bills of exchange payable441€547k€554k▲
Taxes, remuneration and social security45€8k€14k▲
Taxes450/3€8k€2k▼
Remuneration and social security454/9-€12k
Income statement
Code20232024
Turnover70€1.53M€1.66M▲
Goods, raw materials, services and sundry goods60/61€1.47M€1.61M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€57k€52k▼
Operating profit (loss)9901€43k€37k▼
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€40k€29k▼
Income taxes67/77€9k€6k▼
Profit (loss) for the period9904€31k€23k▼
Profit (loss) for the period to be appropriated9905€31k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€296k€319k▲
Profit (loss) brought forward from the previous period14P€265k€296k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €2.23M | €1.71M | €1.53M | €1.53M | €1.66M | ▲ 8.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €1.64M | €1.46M | €1.47M | €1.61M | ▲ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33k | €20k | €29k | €11k | €13k | ▲ 23.4% |
| Other operating charges640/8 | - | €2k | €2k | €2k | €1k | ▼ 38.2% |
| Gross operating margin9900 | €95k | €69k | €71k | €57k | €52k | ▼ 8.5% |
| Operating profit (loss)9901 | €57k | €47k | €40k | €43k | €37k | ▼ 15.0% |
| Financial income75/76B | - | €987 | - | - | - | - |
| Recurring financial income75 | - | €987 | - | - | - | - |
| Non-recurring financial income76B | - | €987 | - | - | - | - |
| Financial charges65/66B | - | €3k | €2k | €4k | €8k | ▲ 121% |
| Recurring financial charges65 | €2k | €3k | €2k | €4k | €8k | ▲ 121% |
| Non-recurring financial charges66B | - | €812 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €49k | €45k | €38k | €40k | €29k | ▼ 27.1% |
| Income taxes67/77 | €17k | €12k | €11k | €9k | €6k | ▼ 35.3% |
| Profit (loss) for the period9904 | €32k | €32k | €27k | €31k | €23k | ▼ 24.8% |
| Profit (loss) for the period to be appropriated9905 | €32k | €32k | €27k | €31k | €23k | ▼ 24.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.63M | €1.55M | €1.03M | €1.07M | €1.12M | ▲ 4.1% |
| Fixed assets21/28 | €44k | €24k | €41k | €30k | €22k | ▼ 27.6% |
| Tangible fixed assets22/27 | €43k | €23k | €41k | €30k | €21k | ▼ 28.1% |
| Plant, machinery and equipment23 | - | €8k | - | - | - | - |
| Furniture and vehicles24 | - | €16k | €41k | €30k | €21k | ▼ 28.1% |
| Financial fixed assets28 | €600 | €600 | €600 | €600 | €600 | = |
| Current assets29/58 | €1.58M | €1.53M | €984k | €1.04M | €1.10M | ▲ 5.0% |
| Amounts receivable within one year40/41 | €1.58M | €1.52M | €956k | €1.04M | €1.09M | ▲ 5.0% |
| Trade receivables40 | - | €1.40M | €808k | €895k | €955k | ▲ 6.7% |
| Other amounts receivable41 | - | €113k | €148k | €146k | €138k | ▼ 5.5% |
| Cash at bank and in hand54/58 | €2k | €7k | €29k | €3k | €3k | ▼ 4.0% |
| Deferred charges and accrued income490/1 | - | €3k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.63M | €1.55M | €1.03M | €1.07M | €1.12M | ▲ 4.1% |
| Equity10/15 | €244k | €276k | €303k | €334k | €358k | ▲ 7.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €20k | €20k | €20k | €20k | €20k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €18k | €18k | €18k | €18k | = |
| Profit (loss) carried forward14 | €205k | €238k | €265k | €296k | €319k | ▲ 7.9% |
| Amounts payable17/49 | €1.38M | €1.28M | €722k | €740k | €760k | ▲ 2.8% |
| Amounts payable within one year42/48 | €1.38M | €1.28M | €722k | €740k | €760k | ▲ 2.8% |
| Current portion of amounts payable after more than one year42 | - | €2k | €2k | €2k | €2k | = |
| Trade debts44 | €1.34M | €1.25M | €705k | €729k | €744k | ▲ 2.1% |
| Suppliers440/4 | - | €499k | €191k | €182k | €190k | ▲ 4.7% |
| Bills of exchange payable441 | - | €748k | €514k | €547k | €554k | ▲ 1.2% |
| Taxes, remuneration and social security45 | - | €27k | €15k | €8k | €14k | ▲ 63.8% |
| Taxes450/3 | - | €8k | €7k | €8k | €2k | ▼ 77.4% |
| Remuneration and social security454/9 | - | €19k | €8k | - | €12k | - |
| Other amounts payable47/48 | - | - | €343 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32k | €32k | €27k | €31k | €23k | ▼ 24.8% |
| + Depreciation and write-downs630 | €33k | €20k | €29k | €11k | €13k | ▲ 23.4% |
| Operating cash flow (approximation) | €64k | €52k | €56k | €42k | €37k | ▼ 12.2% |
| Investment in fixed assets (approximation) | - | €0 | €-46k | €0 | €-5k | - |
| Change in cash | - | €5k | €22k | €-26k | €-113 | ▲ 99.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 1 day late
2024
31-07
Financial
Weakest financial yearnet €23k ▼24.8%
Net result drops to €23k, the lowest in the series.
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 4 days late
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 258 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 140 days late
2021
31-07
Financial
Highest result since 2019net €32k ▲1.7%
Net result €32k, the highest in the series.
05-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 36 days late
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 160 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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 2008
Ground area
312 m²
Building footprint
278 m²
Volume, LiDAR
2,918 m³
2 parcels, Brussels · tallest building 15.4 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
NEW CONCEPT SPRL
since 20082.173.555.511
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0406/00B002 | Brussels | 218 m² | 1 · 184 m² | 10.6 m · 3 fl. |
| 21614E0077/00A008 | Brussels | 94 m² | 1 · 94 m² | 15.4 m · 5 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded22-09-2008
Fiscal year end31-07
Scores and ratios are computed by Checked and are not a credit decision.