NEW GROUND PROJECTS

Active

Private limited companyfounded 20215 yrs activeVrijheidweg 10, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0769.566.227

Summary

The computed 12-month bankruptcy probability of NEW GROUND PROJECTS is 2.8% (moderate). The annual accounts of NEW GROUND PROJECTS for fiscal year 2025 show a net loss of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €6,456 and a net result of -€42,901. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

NEW GROUND PROJECTSActiveChecked score 36/100

Risk analysis Report Compare

What they do

Activity not known1 site

How big

€1.7mtotal assets 2025

Equity: €6,456
Loss: -€42,901

Turnover not published (abridged schema)

Financially healthy?

36 Weak Checked score 2025

Bankruptcy chance 12 m: 2.8%

Who decides

Accounts filed 3 d late0 of 1 deed read

Why 36- Limited track record- No NACE activity registeredFiled after the deadlineShow the evidence

Checked score

Score 2025

36 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability31▼-13

Solvency25▼-3

Growth52▼-26

Track record94

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity ample (current ratio 2.13 against 1.96 in 2024; short-term debt: 46.9% and cash: 1% of total assets), but 99.6% of the assets are financed with debt.

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Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 4 filings

Deviation from the deadline

2025

3 d late

2024

7 d late

2023

27 d late

2022

18 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 4 accounts on average 5 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)

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. Usually files around 5 August (4 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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