NEW PVC
ActiveSummary
The computed 12-month bankruptcy probability of NEW PVC is 1.6% (moderate). The 2024 annual accounts show equity of €23k and a net result of €-6k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 177 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-73
Solvency61▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.54 against 1.81 in 2023; short-term debt: 64.5% and cash: 0% of total assets), but 64.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
35.5%
Return on assets
-9.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-12-2025, 129 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
129 d late
2023
122 d late
2022
70 d late
2021
30 d late
2020
28 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2023 · €5k
2018: €-5k
2019: €-1k
2020: €91
2021: €6k
2022: €-468
2023: €5k
2018 → 2024
Working capital
€22k▼ 16.5%
2023 · €26k
2018: €17k
2019: €16k
2020: €18k
2021: €22k
2022: €21k
2023: €26k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€18k-€24k▲ 32.6%€24k▼ 1.9%€29k▲ 20.8%€23k▼ 21.8%
Operating result€837-€7k▲ 697%€291▼ 95.6%€6k▲ 1,854%€-5k
Net result€91-€6k▲ 6,457%€-468€5k€-6k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €6k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63k
Fixed assets
€416 ▼ 82.2%
Current assets
€63k ▲ 6.2%
Equity and liabilities €63k
Equity
€23k ▼ 21.8%
Debt
€41k ▲ 24.5%
Debt's share of the balance-sheet total rises from 53.3% to 64.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2023 · €7k
Cash flow
€-4k▼
2023 · €6k
Current ratio
1.54▼
2023 · 1.81
Debt to equity
1.82▲
2023 · 1.14
ROE
-27.9%▼
2023 · 17.2%
ROA
-9.9%▼
2023 · 8.1%
Interest coverage
-4.23▼
2023 · 9.27
Debt ≤ 1 year
€41k▲
2023 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€62k€63k▲
Fixed assets21/28€2k€416▼
Tangible fixed assets22/27€2k€0▼
Furniture and vehicles24€2k€0▼
Financial fixed assets28€416€416=
Current assets29/58€59k€63k▲
Stocks and contracts in progress3€2k€0▼
Stocks30/36€2k€0▼
Amounts receivable within one year40/41€57k€63k▲
Trade receivables40€56k€63k▲
Other amounts receivable41€61€175▲
Cash at bank and in hand54/58€828€0▼
Equity and liabilities
Total equity and liabilities10/49€62k€63k▲
Equity10/15€29k€23k▼
Contributions10/11€26k€26k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€914€-5k▼
Amounts payable17/49€33k€41k▲
Amounts payable within one year42/48€33k€41k▲
Current portion of amounts payable after more than one year42€513€0▼
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€11k€10k▼
Suppliers440/4€11k€10k▼
Other amounts payable47/48€22k€28k▲
Income statement
Code20232024
Non-recurring operating income76A-€388
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€959€2k▲
Other operating charges640/8€554€342▼
Gross operating margin9900€7k€-3k▼
Operating profit (loss)9901€6k€-5k▼
Financial charges65/66B€717€833▲
Recurring financial charges65€717€833▲
Profit (loss) for the period before taxes9903€5k€-6k▼
Profit (loss) for the period9904€5k€-6k▼
Profit (loss) for the period to be appropriated9905€5k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€914€-5k▼
Profit (loss) brought forward from the previous period14P€-4k€914▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 129 days late
2024
31-12
Financial
Weakest financial yearnet €-6k ▼226%
Net result drops to €-6k, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €6k ▲6457%
Operating result €7k, net result €6k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 28 days late
2020
31-12
Financial
Back to profitnet €91
Net result €91 after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 35 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
27-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 27 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, Anderlecht · 1 establishment unit since 1999
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.
Neerpedestraat 1941070 AnderlechtGround area
3,814 m²
Building footprint
1,261 m²
Volume, LiDAR
6,035 m³
2 parcels, Brussels · tallest building 14.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NEW PVC SPRL
since 19992.090.509.752
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0245/00A002 | Brussels | 3,277 m² | 1 · 1,041 m² | 7.3 m · 1 fl. |
| 21308H0583/00L004 | Brussels | 537 m² | 1 · 220 m² | 14.7 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.
Similar companies · same sector, comparable size
Vision Gamme Libre SERVICE
BE 0440.552.818
Florenville · Eq €22,109
FBC
BE 0453.847.657
Antwerpen · Eq €23,686
DE METSERS
BE 0794.795.036
Roeselare · Eq €23,896
QUICKPRINTER
BE 0452.350.392
Antwerpen · Eq €24,024
TIRDO
BE 0542.512.387
Londerzeel · Eq €24,062
Of 629 companies in sector 22240 we hold annual accounts for 360. 191 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-02-1999
Fiscal year end31-12
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.