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NEW HOME ELEC

Active
Public limited companyfounded 1987active for 39 yearsZone art. de la Rivièrette(SG) 4-5, 7330 Saint-Ghislain, BelgiumKBO/BCE: BE 0431.395.325
Summary

The computed 12-month bankruptcy probability of NEW HOME ELEC is 1.7% (moderate). The 2025 annual accounts show equity of €166,040 and a net result of -€3,375. Equity has been stable since 2018 (±2.4% per year). Its solvency ranks better than 21% of 5,040 sector peers (NACE 47, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 19-06-1987 Normal situation
Activity
Retail sale of household furniture NACE 47551and 2 others
Establishment units
2.029.491.903 7110 La Louvière, since 01-07-1987
2.235.054.994 7330 Saint-Ghislain, since 06-10-2014
Financial year end
31 December
Peppol
Reachable since 10-09-2025

Board and ownership

Board
and 1 other
Shareholders
  • PENTA INVEST· score 872025 annual accounts of PENTA INVEST

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€255,349
▼ 0.4%
Turnover
≈ €1.3m
estimated
Loss
€3,375
▼ 95.2%
Equity
€166,040
▼ 2.0%
Total assets
€1.6m
▲ 69.8%
Employees on 31-12-2025
7
▲ 16.7%
Score breakdownraises riskEquity €166,040 (10.6% of total assets)Sector: Retail trade (NACE 47)Size: 6.5 FTE, total assets €1.6mlowers riskFounded in 1987Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 24% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 36-7
equity 10.6% of total assets
Liquidity 11-11
short-term debt 81.5% · cash 4.7%
Profitability 18+9
return on assets -0.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.7%▲ +0.7 percentage points vs 07-2025 09-2025: 2.1%▲ +0.4 percentage points vs 08-2025 10-2025: 2.5%▲ +0.4 percentage points vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.4%▼ -0.1 percentage points vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.4%● unchanged vs 04-2026 06-2026: 2.4%● unchanged vs 05-2026 07-2026: 2.2%▼ -0.2 percentage points vs 06-2026 08-2026: 3.2%▲ +1.0 percentage point vs 07-2026 09-2026: 3.6%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 1.7%▼ -1.9 percentage points vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11 (1.29 in 2024), below the usual 1.5. Short-term debt is 81.5% and cash 4.7% of total assets. 89.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 27% of them on solvency, 12% on liquidity, 21% on profitability and 35% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €166,040 (10.6% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 6.5 FTE, total assets €1.6m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,375
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 5040 sector peers (2025).
NBB · sector comparison
Position among 5040 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
55 days late
2023
23 days late
2022
16 days late
2021
83 days early
2020
107 days early
2019
134 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 August (4 of the last 5 accounts filed within 51 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€3,375 View
  • Positive: Result rose in 2025from -€70,750 to -€3,375 ▲ 95.2% View
  • Positive: 8th oldest company in Saint-Ghislain, Wholesale and retail trade sectorin the Checked rankings No. 8 View

Recent changes

  1. · Gazette deed 2 directors appointed, 3 reappointedReappointments: DI MATTEO Domenico, GIROLAMO Naro and MACCHIA Allessandro · Appointments: GIROLAMO Naro (managing director) and MACCHIA Allessandro (managing director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as NEW HOME ELEC: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €792,000 and €1.9m, founded between 1979 and 2002.

CompanyTotal assetsGross margin
NEW HOME ELEC Saint-Ghislain€1.6m€0.3m
GILLY MEUBLES Charleroi€1.9m€0.4m
ADECOR Fleurus€1.1m€0.4m
BEDKING ERGOPOLIS Boortmeerbeek€1.6m€0.4m
MEUBLETA WOONONTWERP Brecht€1.4m€0.3m
NEW CUISIBAT La Louvière€1.4m€0.3m
Arcade Charleroi€0.8m€0.3m
Full comparison

Key facts about NEW HOME ELEC

What is the company number of NEW HOME ELEC?
The company number of NEW HOME ELEC is 0431.395.325. The VAT number is the same number with BE in front: BE 0431.395.325.
Where is NEW HOME ELEC based?
The registered office is at Zone art. de la Rivièrette(SG) 4-5, 7330 Saint-Ghislain.Company details
What does NEW HOME ELEC do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of NEW HOME ELEC?
The legal form of NEW HOME ELEC is Public limited company (NV).
When was NEW HOME ELEC founded?
NEW HOME ELEC was founded on 19-06-1987.
Is NEW HOME ELEC still active?
Yes, NEW HOME ELEC is an active enterprise in the KBO register.
How many employees does NEW HOME ELEC have?
NEW HOME ELEC had an average of 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NEW HOME ELEC?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €255,349 and 34 comparable companies (NACE 475). It probably lies between €910,000 and €2.0m. In financial year 2023 turnover was €2.8m.
Is NEW HOME ELEC profitable?
In financial year 2025, NEW HOME ELEC made a loss of €3,375.
Where can I find the annual accounts of NEW HOME ELEC?
NEW HOME ELEC filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NEW HOME ELEC due?
NEW HOME ELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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