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NEW COUPE

Active
Private limited companyfounded 199135 yrs activeThéo Verbeecklaan 53, 1070 Anderlecht, BelgiumKBO/BCE: BE 0444.460.433
Summary

The computed 12-month bankruptcy probability of NEW COUPE is 1.5% (moderate). The 2025 annual accounts show equity of €49,925 and a net result of -€11,409. The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability4▼-74
Solvency78▼-10
Growth32
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.33 in 2024; short-term debt: 47.3% and cash: 4.3% of total assets), and 47.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
52.7%
Return on assets
-12%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 2 filings
Deviation from the deadline
2025
27 d late
2024
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 27 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 27 May 1991, NEW COUPE was incorporated.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€49,925▼ 18.6%
2024 · €61,335
Total assets
€94,763▼ 2.6%
2024 · €97,330
Net result
-€11,409
2024 · €7,117
Working capital
-€35,582▼ 47.2%
2024 · -€24,173
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€10,282--€11,328
Net result€7,117--€11,409
Equity€61,335-€49,925▼ 18.6%
Total assets€97,330-€94,763▼ 2.6%
Debt€35,996-€44,838▲ 24.6%
Working capital-€24,173--€35,582▼ 47.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2024: €10,282€10,282Net result 2024: €7,117€7,117Operating result 2025: -€11,328-€11,328Net result 2025: -€11,409-€11,40920242025-€20,000-€10,000€0€10,000Operating result 2024: €10,282€10,300Net result 2024: €7,117€7,120Operating result 2025: -€11,328-€11,300Net result 2025: -€11,409-€11,40020242025
The operating result turns negative in 2025: a loss of €11,328 after €10,282 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94,763
Fixed assets €85,507 =
Current assets €9,255 ▼ 21.7%
Equity and liabilities €94,763
Equity €49,925 ▼ 18.6%
Debt €44,838 ▲ 24.6%
Debt's share of the balance-sheet total rises from 37.0% to 47.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€11,328▼
2024 · €14,630
Cash flow
-€11,409▼
2024 · €11,465
Current ratio
0.21▼
2024 · 0.33
Debt to equity
0.90▲
2024 · 0.59
ROE
-22.9%▼
2024 · 11.6%
ROA
-12.0%▼
2024 · 7.3%
Interest coverage
-139.86▼
2024 · 25.47
Debt ≤ 1 year
€44,838▲
2024 · €35,996
Income taxes
€0▼
2024 · €2,591
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13% stopped otherwise
84% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,834 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€97,330€94,763▼
Fixed assets21/28€85,507€85,507=
Tangible fixed assets22/27€60,718€60,718=
Land and buildings22€60,718€60,718=
Financial fixed assets28€24,789€24,789=
Current assets29/58€11,823€9,255▼
Amounts receivable within one year40/41€2,670€5,170▲
Other amounts receivable41€2,670€5,170▲
Cash at bank and in hand54/58€9,153€4,086▼
Equity and liabilities
Total equity and liabilities10/49€97,330€94,763▼
Equity10/15€61,335€49,925▼
Contributions10/11€1,859€1,859=
Reserves13€186€186=
Distributable reserves133€186€186=
Profit (loss) carried forward14€59,289€47,880▼
Amounts payable17/49€35,996€44,838▲
Amounts payable within one year42/48€35,996€44,838▲
Trade debts44-€551
Suppliers440/4-€551
Taxes, remuneration and social security45€4,300€2,591▼
Taxes450/3€4,300€2,591▼
Other amounts payable47/48€31,696€41,696▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,348€0▼
Other operating charges640/8€4,924€5,325▲
Gross operating margin9900€19,554-€6,004▼
Operating profit (loss)9901€10,282-€11,328▼
Financial charges65/66B€574€81▼
Recurring financial charges65€574€81▼
Profit (loss) for the period before taxes9903€9,707-€11,409▼
Income taxes67/77€2,591€0▼
Profit (loss) for the period9904€7,117-€11,409▼
Profit (loss) for the period to be appropriated9905€7,117-€11,409▼
Appropriation of the result
Profit (loss) to be appropriated9906€59,289€47,880▼
Profit (loss) brought forward from the previous period14P€52,173€59,289▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,348€0▼ 100%
Other operating charges640/8€4,924€5,325▲ 8.1%
Gross operating margin9900€19,554-€6,004▼ 131%
Operating profit (loss)9901€10,282-€11,328▼ 210%
Financial charges65/66B€574€81▼ 85.9%
Recurring financial charges65€574€81▼ 85.9%
Profit (loss) for the period before taxes9903€9,707-€11,409▼ 218%
Income taxes67/77€2,591€0▼ 100%
Profit (loss) for the period9904€7,117-€11,409▼ 260%
Profit (loss) for the period to be appropriated9905€7,117-€11,409▼ 260%
Line20242025Change
Assets
Total assets20/58€97,330€94,763▼ 2.6%
Fixed assets21/28€85,507€85,507=
Tangible fixed assets22/27€60,718€60,718=
Land and buildings22€60,718€60,718=
Financial fixed assets28€24,789€24,789=
Current assets29/58€11,823€9,255▼ 21.7%
Amounts receivable within one year40/41€2,670€5,170▲ 93.6%
Other amounts receivable41€2,670€5,170▲ 93.6%
Cash at bank and in hand54/58€9,153€4,086▼ 55.4%
Equity and liabilities
Total equity and liabilities10/49€97,330€94,763▼ 2.6%
Equity10/15€61,335€49,925▼ 18.6%
Contributions10/11€1,859€1,859=
Reserves13€186€186=
Distributable reserves133€186€186=
Profit (loss) carried forward14€59,289€47,880▼ 19.2%
Amounts payable17/49€35,996€44,838▲ 24.6%
Amounts payable within one year42/48€35,996€44,838▲ 24.6%
Trade debts44-€551-
Suppliers440/4-€551-
Taxes, remuneration and social security45€4,300€2,591▼ 39.8%
Taxes450/3€4,300€2,591▼ 39.8%
Other amounts payable47/48€31,696€41,696▲ 31.5%
Line20242025Change
Profit (loss) for the period9904€7,117-€11,409▼ 260%
+ Depreciation and write-downs630€4,348€0▼ 100%
Operating cash flow (approximation)€11,465-€11,409▼ 200%
Investment in fixed assets (approximation)-€0-
Change in cash--€5,067-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
119 m²
Building footprint
114 m²
Volume, LiDAR
1,188 m³
Parcel 21308H0454/00G002, Brussels · tallest building 12.4 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Théo Verbeecklaan 53, 1070 Anderlecht
NACE 70201
since 19912.053.410.222
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21308H0454/00G002 Brussels 119 m² 1 · 114 m² 12.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
Founded27-05-1991
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.