NEW ORANGE
InactiveNEW ORANGE was declared bankrupt on 26-09-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy declaration was reversed by judgment of 15-12-2022, published in the Belgian State Gazette on 21-12-2022.
Summary
Inactive since 13-05-2026; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-11-2025, 487 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
not filed
2023
487 d late
2021
142 d late
2020
397 d late
2019
121 d late
2018
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 254 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Non-specialised retail sale with food, beverages or tobacco predominating sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€51,988
2021 · €2,447
Working capital
-€40,903
2021 · €6,799
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212023
Operating result-€18,462--€22,254▼ 20.5%€8,858€1,652▼ 81.4%-€51,617-
Net result-€18,462--€22,254▼ 20.5%€1,966within the sector's middle half€2,447within the sector's middle half▲ 24.5%-€51,988below the sector's middle half-
Equity€29,235-€6,981▼ 76.1%€8,948within the sector's middle half▲ 28.2%€11,395within the sector's middle half▲ 27.4%-€37,746below the sector's middle half-
Total assets€43,787-€45,907▲ 4.8%€62,630within the sector's middle half▲ 36.4%€186,246within the sector's middle half▲ 197%€94,941below the sector's middle half-
Debt€14,551-€38,926▲ 168%€53,682▲ 37.9%€174,851▲ 226%€132,686-
Working capital€25,235--€254€428within the sector's middle half€6,799within the sector's middle half▲ 1,490%-€40,903below the sector's middle half-
Solvency66.8%-15.2%▼ 51.6pp14.3%within the sector's middle half▼ 0.9pp6.1%below the sector's middle half▼ 8.2pp-39.8%below the sector's middle half-
Current ratio2.73-0.99▼ 1.741.01within the sector's middle half▲ 0.011.04within the sector's middle half▲ 0.030.69below the sector's middle half-
Return on assets (ROA)-42.2%--48.5%▼ 6.3pp3.1%within the sector's middle half▲ 51.6pp1.3%within the sector's middle half▼ 1.8pp-54.8%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result is -€51,617 in 2023, compared with €1,652 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €94,941
Fixed assets
€3,157 ▼ 31.3%
Current assets
€91,784 ▼ 49.5%
Key figures and ratios
EBITDA
-€49,021▼
2021 · €5,575
Cash flow
-€49,392▼
2021 · €6,371
Quick ratio
0.42▼
2021 · 0.78
Debt to equity
-3.52▼
2021 · 15.34
Interest coverage
-131.99▼
2021 · 58.54
Debt ≤ 1 year
€132,686▼
2021 · €174,851
Staff costs
€31,345▼
2021 · €47,048
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €50,380 | €47,048 | €31,345 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,000 | €1,881 | €4,215 | €3,924 | €2,596 | - |
| Other operating charges640/8 | - | - | €2,267 | €1,166 | €5,077 | - |
| Gross operating margin9900 | €18,106 | €4,148 | €65,720 | €53,789 | -€12,599 | - |
| Operating profit (loss)9901 | -€18,462 | -€22,254 | €8,858 | €1,652 | -€51,617 | - |
| Financial income75/76B | - | - | - | €891 | - | - |
| Recurring financial income75 | - | - | - | €891 | - | - |
| Financial charges65/66B | - | - | €2,497 | €95 | €371 | - |
| Recurring financial charges65 | - | - | €2,497 | €95 | €371 | - |
| Profit (loss) for the period before taxes9903 | -€18,462 | -€22,254 | €6,361 | €2,447 | -€51,988 | - |
| Income taxes67/77 | - | - | €4,395 | - | - | - |
| Profit (loss) for the period9904 | -€18,462 | -€22,254 | €1,966 | €2,447 | -€51,988 | - |
| Profit (loss) for the period to be appropriated9905 | -€18,462 | -€22,254 | €1,966 | €2,447 | -€51,988 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43,787 | €45,907 | €62,630 | €186,246 | €94,941 | - |
| Fixed assets21/28 | €4,000 | €7,235 | €8,520 | €4,596 | €3,157 | - |
| Tangible fixed assets22/27 | €2,000 | €5,235 | €6,520 | €2,596 | €1,157 | - |
| Land and buildings22 | - | - | €1,084 | €723 | - | - |
| Plant, machinery and equipment23 | - | - | €4,102 | €1,207 | €1,157 | - |
| Furniture and vehicles24 | - | - | €1,333 | €667 | - | - |
| Financial fixed assets28 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | - |
| Current assets29/58 | €39,787 | €38,672 | €54,110 | €181,650 | €91,784 | - |
| Stocks and contracts in progress3 | €28,000 | €33,000 | €43,400 | €45,400 | €36,000 | - |
| Stocks30/36 | - | - | €43,400 | €45,400 | €36,000 | - |
| Amounts receivable within one year40/41 | €6,445 | €3,251 | €1,162 | €131,599 | €10,203 | - |
| Trade receivables40 | - | - | - | €67,884 | €1,546 | - |
| Other amounts receivable41 | - | - | €1,162 | €63,715 | €8,657 | - |
| Cash at bank and in hand54/58 | €5,342 | €2,421 | €9,548 | €4,651 | €45,580 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43,787 | €45,907 | €62,630 | €186,246 | €94,941 | - |
| Equity10/15 | €29,235 | €6,981 | €8,948 | €11,395 | -€37,746 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Capital10 | - | - | - | - | €18,600 | - |
| Issued capital100 | - | - | - | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | - |
| Other1319 | - | - | €1,860 | €1,860 | €1,860 | - |
| Profit (loss) carried forward14 | €8,775 | -€13,479 | -€11,512 | -€9,065 | -€58,206 | - |
| Amounts payable17/49 | €14,551 | €38,926 | €53,682 | €174,851 | €132,686 | - |
| Amounts payable within one year42/48 | €14,551 | €38,926 | €53,682 | €174,851 | €132,686 | - |
| Trade debts44 | €8,897 | €30,808 | €32,428 | €149,560 | €90,781 | - |
| Suppliers440/4 | - | - | €32,428 | €149,560 | €90,781 | - |
| Taxes, remuneration and social security45 | - | - | €21,255 | €25,291 | €41,905 | - |
| Taxes450/3 | - | - | €9,606 | €11,825 | €19,859 | - |
| Remuneration and social security454/9 | - | - | €11,649 | €13,466 | €22,046 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,462 | -€22,254 | €1,966 | €2,447 | -€51,988 | - |
| + Depreciation and write-downs630 | €1,000 | €1,881 | €4,215 | €3,924 | €2,596 | - |
| Operating cash flow (approximation) | -€17,462 | -€20,373 | €6,181 | €6,371 | -€49,392 | - |
| Investment in fixed assets (approximation) | - | -€5,116 | -€5,500 | €0 | - | - |
| Change in cash | - | -€2,921 | €7,126 | -€4,897 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
18-05
Bankruptcy
Judicial dissolution and immediate closure
Ondernemingsrechtbank Brussel · event 08-05-2026
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 487 days late
2023
31-12
Financial
Weakest financial yearnet -€51,988
Net result drops to -€51,988, the lowest in the series.
2022
21-12
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · event 15-12-2022
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 142 days late
03-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 26-09-2022
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 397 days late
2021
31-12
Financial
Highest result since 2018net €2,447 ▲24.5%
Net result €2,447, the highest in the series.
2020
31-12
Financial
Back to profitnet €1,966
Net result €1,966 after 2 loss-making years.
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 122 days late
2018
01-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 93 days late
Show earlier events
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 64 days late
2016
09-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 40 days late
2015
28-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 150 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 243 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Sint-Agatha-Berchem
Ground area
2,983 m²
Building footprint
1,288 m²
Volume, LiDAR
41,449 m³
Parcel 21003A0289/00L011, Brussels · tallest building 47.0 m, ±11 floors. Linked by address, not a title deed.
98
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0289/00L011 | Brussels | 2,983 m² | 1 · 1,288 m² | 47.0 m · 11 fl. |
Linked by address, not proof of ownership
Good to know
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 |
|---|---|---|
| Curator | GAUTIER PIRARD RUE DE STASSART 48C,
1050 BRUXELLES 5 |
26-09-2022 → 15-12-2022 |
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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 10,509 companies in sector 47110 we hold annual accounts for 5,853. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.