NEW SALUBAGA
Open bankruptcyA bankruptcy procedure is open for NEW SALUBAGA according to publications in the Belgian State Gazette; curator: LIES DEWAEL.
Summary
The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €169k and a net result of €43k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€169k▲ 34.2%
2023 · €126k
2020: €6k
2021: €57k
2022: €92k
2023: €126k
2020 → 2024
Total assets
€540k▲ 183%
2023 · €191k
2020: €105k
2021: €179k
2022: €267k
2023: €191k
2020 → 2024
Net result
€43k▲ 25.2%
2023 · €34k
2020: €-6k
2021: €51k
2022: €34k
2023: €34k
2020 → 2024
Working capital
€154k▲ 46.0%
2023 · €106k
2020: €5k
2021: €30k
2022: €70k
2023: €106k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6k-€57k▲ 788%€92k▲ 59.7%€126k▲ 37.6%€169k▲ 34.2%
Operating result€-8k-€67k€46k▼ 31.1%€30k▼ 35.4%€43k▲ 44.3%
Net result€-6k-€51k€34k▼ 32.8%€34k▲ 0.6%€43k▲ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 44% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €540k
Fixed assets
€15k ▼ 26.7%
Current assets
€525k ▲ 208%
Equity and liabilities €540k
Equity
€169k ▲ 34.2%
Debt
€371k ▲ 469%
Debt's share of the balance-sheet total rises from 34.1% to 68.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49k▲
2023 · €35k
Cash flow
€49k▲
2023 · €40k
Current ratio
1.41▼
2023 · 2.62
Debt to equity
2.20▲
2023 · 0.52
ROE
25.5%▼
2023 · 27.3%
ROA
8.0%▼
2023 · 18.0%
Debt ≤ 1 year
€371k▲
2023 · €65k
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 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€191k€540k▲
Fixed assets21/28€20k€15k▼
Tangible fixed assets22/27€20k€15k▼
Plant, machinery and equipment23€786€546▼
Furniture and vehicles24€20k€14k▼
Current assets29/58€171k€525k▲
Amounts receivable within one year40/41€168k€524k▲
Trade receivables40€76k€475k▲
Other amounts receivable41€92k€49k▼
Cash at bank and in hand54/58€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€191k€540k▲
Equity10/15€126k€169k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€114k€157k▲
Amounts payable17/49€65k€371k▲
Amounts payable within one year42/48€65k€371k▲
Trade debts44€37k€331k▲
Suppliers440/4€37k€331k▲
Taxes, remuneration and social security45€28k€40k▲
Taxes450/3€28k€40k▲
Income statement
Code20232024
Remuneration, social security and pensions62€514-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€863-
Gross operating margin9900€37k€49k▲
Operating profit (loss)9901€30k€43k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Financial charges65/66B€423-
Recurring financial charges65€423-
Profit (loss) for the period before taxes9903€34k€43k▲
Profit (loss) for the period9904€34k€43k▲
Profit (loss) for the period to be appropriated9905€34k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€114k€157k▲
Profit (loss) brought forward from the previous period14P€79k€114k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-08
KBO administration
Address struck
16-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · NEW SALUBAGA CVBA FRANS VAN KALKENLAAN 9/4, 1070 ANDERLECHT · event 10-02-2026
13-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 166 days late
2025
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 225 days late
2024
31-12
Financial
Equity above €150kEq €169k ▲34.2%
4 profitable years in a row build equity to €169k.
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 157 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 522 days late
2023
31-12
Financial
Equity above €100kEq €126k ▲37.6%
3 profitable years in a row build equity to €126k.
15-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 653 days late
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
SignalFinancial 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
1 establishment unit since 2019
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.
Ground area
3,004 m²
Building footprint
1,840 m²
Volume, LiDAR
16,629 m³
2 parcels, Brussels, Flanders · tallest building 40.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NEW SALUBAGA
since 20192.291.766.936
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0325/00F000 | Brussels | 2,312 m² | 1 · 1,725 m² | 40.0 m · 1 fl. |
| 23078B0095/00E000 | Flanders | 693 m² | 1 · 116 m² | 10.3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIES DEWAEL PEGASUSLAAN 5, 1831 DIEGEM- |
10-02-2026 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,981 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 formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded18-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.