NEW EGEMA
Judicial reorganisation1 interim measureSummary
The file of NEW EGEMA contains 1 interim measure and 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show negative equity (€-3.34M) and a net result of €-365k. Equity is shrinking by ~25% per year across the filed fiscal years. Its solvency ranks better than 5% of 3549 sector peers (fiscal year 2024).
Checked score
Score 2024
0
/ 100
Critical
The score weighs solvency, liquidity and profitability. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth22=
Track record40
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.3 against 0.33 in 2023; short-term debt: 316% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-3.34M
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
144 d late
2023
188 d late
2022
on the day
2021
134 d late
2020
24 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€0▼ 100%
2022 · €25k
2018: €2.01M
2019: €1.36M
2020: €644k
2021: €365k
2022: €25k
2018 → 2023
EBIT margin
-1840.0%▼ 1733.5pp
2021 · -106.5%
2018: -8.2%
2019: -25.0%
2020: -61.8%
2021: -106.5%
2018 → 2022
Net result
€-365k▲ 38.8%
2023 · €-596k
2018: €-181k
2019: €-362k
2020: €-430k
2021: €-426k
2022: €-517k
2023: €-596k
2018 → 2024
Working capital
€-938k▼ 29.8%
2023 · €-722k
2018: €-716k
2019: €-1.03M
2020: €-1.49M
2021: €-1.90M
2022: €-275k
2023: €-722k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€644k-€365k▼ 43.3%€25k▼ 93.2%€0▼ 100%
Equity€-1.44M-€-1.87M▼ 29.6%€-2.38M▼ 27.7%€-2.98M▼ 25.0%€-3.34M▼ 12.2%
Operating result€-398k-€-389k▲ 2.1%€-460k▼ 18.2%€-449k▲ 2.5%€-199k▲ 55.6%
Net result€-430k-€-426k▲ 0.8%€-517k▼ 21.3%€-596k▼ 15.3%€-365k▲ 38.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €199k in 2024 against €449k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €426k
Fixed assets
€18k ▲ 100%
Current assets
€407k ▲ 16.9%
Key figures and ratios
EBITDA
€-195k▲
2023 · €-440k
Cash flow
€-361k▲
2023 · €-587k
Solvency
-786.0%▲
2023 · -833.7%
Current ratio
0.30▼
2023 · 0.33
Debt to equity
-1.13▼
2023 · -1.12
ROA
-85.7%▲
2023 · -166.8%
Interest coverage
-1.18▲
2023 · -2.99
Debt
€3.77M▲
2023 · €3.34M
Debt ≤ 1 year
€1.34M▲
2023 · €1.07M
Debt > 1 year
€2.26M▲
2023 · €2.12M
Staff costs
€93k▼
2023 · €185k
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 · 64 lines
Balance sheet
Code20232024
Assets
Total assets20/58€357k€426k▲
Fixed assets21/28€9k€18k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€8k€17k▲
Land and buildings22€7k€9k▲
Plant, machinery and equipment23€1k€8k▲
Furniture and vehicles24€25€0▼
Financial fixed assets28€1k€1k=
Other financial fixed assets284/8€1k-
Amounts receivable and cash guarantees285/8€1k-
Current assets29/58€348k€407k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Goods purchased for resale34€0-
Amounts receivable within one year40/41€346k€399k▲
Trade receivables40€334k€368k▲
Other amounts receivable41€12k€30k▲
Cash at bank and in hand54/58€588€2k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€357k€426k▲
Equity10/15€-2.98M€-3.34M▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-3.00M€-3.36M▼
Amounts payable17/49€3.34M€3.77M▲
Amounts payable after more than one year17€2.12M€2.26M▲
Other amounts payable178/9€2.12M€2.26M▲
Amounts payable within one year42/48€1.07M€1.34M▲
Financial debts43€0-
Other loans439€0-
Trade debts44€861k€902k▲
Suppliers440/4€861k€902k▲
Taxes, remuneration and social security45€23k€1k▼
Taxes450/3€832€292▼
Remuneration and social security454/9€22k€953▼
Other amounts payable47/48€187k€441k▲
Accrued charges and deferred income492/3€143k€163k▲
Income statement
Code20232024
Operating income70/76A€41k-
Turnover70€0-
Other operating income74€37k-
Non-recurring operating income76A€3k€55k▲
Operating charges60/66A€489k-
Goods for resale, raw materials and consumables60€11k-
Purchases600/8€7k-
Change in stocks: decrease (increase)609€4k-
Services and other goods61€147k-
Remuneration, social security and pensions62€185k€93k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€4k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€136k€14k▼
Gross operating margin9900-€-86k
Operating profit (loss)9901€-449k€-199k▲
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Other financial income752/9€4-
Financial charges65/66B€148k€165k▲
Recurring financial charges65€148k€165k▲
Debt charges650€147k-
Other financial charges652/9€624-
Profit (loss) for the period before taxes9903€-596k€-365k▲
Profit (loss) for the period9904€-596k€-365k▲
Profit (loss) for the period to be appropriated9905€-596k€-365k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3.00M€-3.36M▼
Profit (loss) brought forward from the previous period14P€-2.40M€-3.00M▼
Social balance
Average headcount (FTE)90873.00.0▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-09
Interim measure
Provisional administrator
Tribunal de l’entreprise francophone de Bruxelles · STOOP
03-08
Judicial reorganisation
Practitioner designation
Tribunal de l’entreprise francophone de Bruxelles
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 144 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 188 days late
2023
31-12
Financial
Weakest financial yearnet €-596k
Net result drops to €-596k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 134 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 24 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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 2005
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.
Waterloosesteenweg 11351180 UkkelGround area
3,242 m²
Building footprint
818 m²
Volume, LiDAR
13,722 m³
Parcel 21612C0257/00V000, Brussels · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
New Egema
since 20052.147.475.179
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0257/00V000 | Brussels | 3,242 m² | 1 · 817 m² | 20.8 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Interim administrator | STOOP | 17-09-2026 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
31002Manufacture of furniture
43221Plumbing work
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/239999