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NEW ORIENTAL

Active
Private limited company (pre-2019)founded 201214 yrs activeSint-Elisabethstraat 73, 2060 Antwerpen, BelgiumKBO/BCE: BE 0843.838.731

NEW ORIENTAL has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41k and a net result of €11k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 76% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+37
Solvency90▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 3.6 in 2023; short-term debt: 35.4% and cash: 10.9% of total assets), and 35.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
64.6%
Return on assets
17.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-09-2025, 33 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
33 d late
2023
184 d late
2022
18 d early
2021
47 d early
2020
31 d late
2019
117 d late
← before the deadline after the deadline →
neutral · 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

Financials · fiscal year 2024, micro schema

Equity
€41k▲ 37.4%
2023 · €30k
2018: €10k 2019: €10k 2020: €5k 2021: €17k 2022: €28k 2023: €30k
2018 → 2024
Total assets
€63k▲ 53.7%
2023 · €41k
2018: €49k 2019: €87k 2020: €62k 2021: €31k 2022: €98k 2023: €41k
2018 → 2024
Net result
€11k▲ 882%
2023 · €1k
2018: €-14k 2019: €457 2020: €-5k 2021: €11k 2022: €12k 2023: €1k
2018 → 2024
Working capital
€41k▲ 37.4%
2023 · €30k
2018: €6k 2019: €7k 2020: €4k 2021: €16k 2022: €28k 2023: €30k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€5k-€17k▲ 215%€28k▲ 69.2%€30k▲ 4.0%€41k▲ 37.4%
Operating result€1k-€12k▲ 1,120%€13k▲ 3.7%€2k▼ 86.4%€12k▲ 572%
Net result€-5k-€11k€12k▲ 1.5%€1k▼ 90.3%€11k▲ 882%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10k€15kOperating result 2020: €1k€1kNet result 2020: €-5k€-5kOperating result 2021: €12k€12kNet result 2021: €11k€11kOperating result 2022: €13k€13kNet result 2022: €12k€12kOperating result 2023: €2k€2kNet result 2023: €1k€1kOperating result 2024: €12k€12kNet result 2024: €11k€11k20202021202220232024
The operating result recovers in 2024; 2024 is 572% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €63k
Equity €41k▲ 37.4%
Debt €22k▲ 96.1%
The debt ratio rises from 27.7% to 35.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Solvency
64.6%
2023 · 72.3%
Current ratio
2.82
2023 · 3.60
Quick ratio
1.60
2023 · 1.24
Debt / equity
0.55
2023 · 0.38
ROE
27.2%
2023 · 3.8%
ROA
17.6%
2023 · 2.8%
Debt
€22k
2023 · €11k
Debt ≤ 1 year
€22k
2023 · €11k
Income taxes
€434
Staff costs
€25k
2023 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€41k€63k
Current assets29/58€41k€63k
Stocks and contracts in progress3€27k€27k
Stocks30/36€27k€27k
Amounts receivable within one year40/41€11k€29k
Trade receivables40-€9k
Other amounts receivable41€11k€20k
Cash at bank and in hand54/58€3k€7k
Deferred charges and accrued income490/1€52€0
Equity and liabilities
Total equity and liabilities10/49€41k€63k
Equity10/15€30k€41k
Contributions10/11€6k€6k=
Reserves13€23k€34k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€22k€33k
Amounts payable17/49€11k€22k
Amounts payable within one year42/48€11k€22k
Financial debts43€5k€4k
Credit institutions430/8€5k€4k
Trade debts44€1k€9k
Suppliers440/4€1k€9k
Taxes, remuneration and social security45€5k€10k
Taxes450/3€4k€1k
Remuneration and social security454/9€2k€8k
Income statement Code20232024
Remuneration, social security and pensions62€33k€25k
Other operating charges640/8€1k€1k
Gross operating margin9900€36k€37k
Operating profit (loss)9901€2k€12k
Financial income75/76B€292€926
Recurring financial income75€292€926
Financial charges65/66B€887€997
Recurring financial charges65€887€997
Profit (loss) for the period before taxes9903€1k€11k
Income taxes67/77-€434
Profit (loss) for the period9904€1k€11k
Profit (loss) for the period to be appropriated9905€1k€11k
Appropriation of the result
Profit (loss) to be appropriated9906€13k€11k
Profit (loss) brought forward from the previous period14P€12k€0
Transfer to equity691/2€13k€11k
To other reserves6921€13k€11k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
02-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 33 days late
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 184 days late
2023
31-12
Financial Liquidity triplescurrent ratio 3.60
Current ratio from 1.41 to 3.60; short-term debt falls from €69k to €11k.
13-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €12k ▲1.5%
Operating result €13k, net result €12k, both a record.
14-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.18
Current ratio from 1.06 to 2.18; short-term debt falls from €56k to €14k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
25-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
31-12
Financial Back to profitnet €457
Net result €457 after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
21-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
26-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Antwerpen · 1 establishment unit since 2012
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Sint-Elisabethstraat 732060 Antwerpen
Ground area
497 m²
Building footprint
497 m²
Volume, LiDAR
4,057 m³
2 parcels, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TH Brothers Wholesale
Greinstraat 17, 2060 AntwerpenWholesale of beverages, general range
since 20122.207.663.877
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11805E0506/00R028 Flanders 256 m² 1 · 256 m² 14.1 m · 2 fl.
11805E0501/00K008 Flanders 241 m² 1 · 241 m² 13.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.207.663.877
1 permission
Toelating · Groothandelaar levensmiddelen · since 03-10-2025

Similar companies · same sector, comparable size

Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,570 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded06-02-2012
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47113Retail trade
46879Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.