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Active
BE 0742.655.259Public limited companyOpen bankruptcy
NEW ISSOL
Rue du Progrès 18 ·4821 Dison, Belgium· 6 yrs active
Sector: Verspanend bewerken van metalen
(25530)
Conclusion
A bankruptcy procedure is open for NEW ISSOL according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €54k and a net result of €47k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €54k |
| Net result | €47k |
| Staff (FTE) | 12.4 |
| Better than sector | 15% |
Snowflake analysis
32
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
4
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 07-06-2023 with the NBB · fiscal year 2022 · volledig
Sector comparison
Fiscal year 2022 · NACE 25 · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.7% | 27.8% | |
| Net result | €47k | €54k | |
| Equity | €54k | €378k | |
| Gross operating margin | €643k | €640k | |
| Staff costs | €414k | €618k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€216k
-
20-22
€47k
-
20-22
€184k
-
20-22
€1.48M
-21.7%
20-22
€54k
+673.5%
20-22
€-566k
+6.1%
20-22
12
-16.8%
20-22
€414k
-44.8%
20-22
€2k
+120.8%
20-22
€1.43M
-24.3%
20-22
€1.37M
-21.4%
20-22
€58k
-59.6%
20-22
0.59
-10.3%
20-22
0.42
-14.1%
20-22
3.7%
+888.0%
20-22
26.31
-90.2%
20-22
87.1%
-
20-22
3.2%
-
20-22
7.29
-
20-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €216k |
| Net profit | €47k |
| Cash flow | €184k |
| Staff costs | €414k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €1.48M |
| Equity | €54k |
| Debt | €1.43M |
| of which ≤ 1y | €1.37M |
| of which > 1y | €58k |
| Working capital | €-566k |
| Employees (FTE) | 12.4 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.59 |
| Quick ratio | 0.42 |
| Working capital ratio | -38.2% |
| Solvency | 3.7% |
| Debt / equity | 26.31 |
| Long-term debt ratio | 1.08 |
| Interest coverage | 7.29 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.2% |
| ROE | 87.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.48M |
| Fixed assets | 21/28 | €616k |
| Formation expenses | 20 | €64k |
| Intangible fixed assets | 21 | €605k |
| Tangible fixed assets | 22/27 | €10k |
| Current assets | 29/58 | €804k |
| Stocks & contracts in progress | 3 | €226k |
| Amounts receivable within one year | 40/41 | €384k |
| Cash & bank | 54/58 | €166k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.48M |
| Equity | 10/15 | €54k |
| Contributions / capital | 10/11 | €750k |
| Accumulated profits (losses) | 14 | €-696k |
| Amounts payable | 17/49 | €1.43M |
| Amounts payable after one year | 17 | €58k |
| Amounts payable within one year | 42/48 | €1.37M |
| Trade debts payable within one year | 44 | €169k |
| Income statement | ||
| Gross operating margin | 9900 | €643k |
| Operating result | 9901 | €79k |
| Financial charges | 65 | €30k |
| Result before taxes | 9903 | €49k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €47k |
| Result to be appropriated | 9905 | €47k |
You are seeing the latest fiscal year only. 2 prior years (figures + ratios) are in a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | LEON LEDUC PLACE DE BRONCKART 1,
4000 LIEGE 1 |
28-03-2024 → present | Belgian State Gazette |
| Curator | BARBARA JACQUINET PLACE DE
BRONCKART 1, 4000 LIEGE 1 |
28-03-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Verspanend bewerken van metalen(25530) |
| Legal form | Public limited company(014) |
| Incorporation | 29-01-2020 |
| Status | Active |
| Postal code | 4821 |
| First BS signal | 04-04-2024 |
| Latest BS signal | 04-04-2024 |
Establishment units
NEW ISSOL SA
since 20202.299.570.585
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63002A0109/00E000 | Wallonia | 2,868 m² | 1 · 330 m² | 5.9 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
04-04-2024
Bankruptcy
Opening
2023
07-06-2023
NBB filing
Annual accounts filed
2022
30-08-2022
NBB filing
Annual accounts filed
2021
31-08-2021
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
04-04-2024
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
Company registry (CBE)
Activities
Verspanend bewerken van metalen25530Verspanend bewerken van metalen25620Vervaardiging van elektromotoren en van elektrische generatoren en transformatoren27110Vervaardiging van elektromotoren en van elektrische generatoren en transformatoren27110Vervaardiging van verlichtingsapparaten27402Vervaardiging van verlichtingsapparaten27402
Primary activity highlighted.
Names & trade names
| Legal nameFR | NEW ISSOL |
Registered office
Rue du Progrès 18
4821 Dison, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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