Equity
-€1,165
Debts exceed assets in financial year 2024.
NEW ENGINEERING CONSTRUCT
Lifetime
8 annual accounts with figures on one time axispeak €28,840 (2018)
-€9,166
lowest -€41,375 (2024)
-€41,375
peak €83,247 (2020)
-€1,165
€2,807
Board1 name since 2017
-
Documentsfilings and deeds
26-11-2025118 days late
2024financial year
Loss of €41,375No annual accounts filed for 2023
Key points
from the 2024 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as NEW ENGINEERING CONSTRUCT has now. Each dot stands for 18 companies, two years later.
85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 6,920 companies, not a prediction for NEW ENGINEERING CONSTRUCT. 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
Recent changes
Registered-office move
General meeting of 20-03-2020 · Gazette deed
Registered office moved from Koekelberg to Zaventem
New registered office: 49, Riddestraat, 1930 ZAVENTEM · Previous registered office: Bv Louis Mettewie 1b12, 1081 Koekelberg · Resignation: (manager) · General meeting of 02-01-2017 · Gazette deed
First establishment
Ridderstraat 49, Zaventem
Incorporation
published on 24-09-2012 · Gazette deed
Official details
Source: KBO- Status
- Active since 13-09-2012Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.287.845.4631930 Zaventem, since 01-05-2016
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on NEW ENGINEERING CONSTRUCT
The 2024 annual accounts show negative equity (-€1,165) and a net result of -€41,375. Equity has been shrinking by about 10% per year since 2018.
The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
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 ENGINEERING CONSTRUCT
- What is the company number of NEW ENGINEERING CONSTRUCT?
- The company number of NEW ENGINEERING CONSTRUCT is 0848.655.275. The VAT number is the same number with BE in front: BE 0848.655.275.
- Where is NEW ENGINEERING CONSTRUCT based?
- The registered office is at Vijfhoekstraat 11, 1800 Vilvoorde.Company details
- What is the legal form of NEW ENGINEERING CONSTRUCT?
- NEW ENGINEERING CONSTRUCT is a private limited company (pre-2019) (BVBA).
- When was NEW ENGINEERING CONSTRUCT founded?
- NEW ENGINEERING CONSTRUCT was founded on 13-09-2012.
- Is NEW ENGINEERING CONSTRUCT still active?
- Yes, NEW ENGINEERING CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of NEW ENGINEERING CONSTRUCT?
- The annual accounts for financial year 2024 state no turnover. In financial year 2020 turnover was €74,644.Financials
- Is NEW ENGINEERING CONSTRUCT profitable?
- In financial year 2024, NEW ENGINEERING CONSTRUCT made a loss of €41,375.
- Where can I find the annual accounts of NEW ENGINEERING CONSTRUCT?
- NEW ENGINEERING CONSTRUCT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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