Losses
-€7,972 in two years
The 2018 and 2019 financial years closed with a loss. 2019 was the heaviest.
NEW SOLUTION
Overview
Lifetime
10 annual accounts with figures on one time axispeak €94,845 (2014)
€73,615▲ 7.5%
lowest -€8,958 (2016)
-€4,915▼ €1,858
peak €23,028 (2012)
€842▼ 85.4%
€113,118▲ 15.6%
Board1 name since 2019
-
Documentsfilings and deeds
16-01-202015 days before the deadline
2019financial year
Gross margin from €6,706 to €1,695Loss of €4,915Registered office moved within Brussels 05-12Equity from €5,757 to €842Debts from €97,856 to €113,118Cash from €1,137 to €1,984
Key points
from the 2019 annual accounts, the last ones filedDebts
€113,118 99% of the balance sheet
Filings
10 annual accounts 5 late
The 2011 accounts came latest: 58 days after the end of the period.
No score
Board and ownership
last known boardBH
BEN HADDI FOUAD
Manager, last mentioned in 2019
Recent changes
Bankruptcy closure (by liquidation)
French-language Enterprise Court of Brussels · judgment of 09-05-2023 · Bankruptcy
Bankruptcy published
French-language Enterprise Court of Brussels · judgment of 15-11-2021 · Bankruptcy
Registered office moved within Brussels
New registered office: Place de la Chapelle n°7-1000 Bruxelles · Previous registered office: CHAUSSEE DE MONS 144, 1070 BRUXELLES · General meeting of 01-10-2019 · Gazette deed
Incorporation
8 publications in the Belgian Official Gazette, the last on 05-12-2019 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 06-07-2009 · bankruptcy closed on 09-05-2023
- Activity
- No activity registered in the KBO
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Insights on NEW SOLUTION
NEW SOLUTION reached its highest turnover since 2010 in 2014: €94,845. A year later it was €93,353, and in 2016 still €82,752.
Equity fell from €23,028 in 2012 to €842 in 2019, while debts rose from €16,732 to €113,118.
On 15 November 2021 the court declared NEW SOLUTION bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2019
full format, filed on 16-01-2020, 15 days before the deadline€73,615
▲ 7.5%
-€5,257
▼ €4,949
-
-
0.7%
▼ 4.8 percentage points
1.01
▼ 0.05
Money flows
of every €100 of turnover, €6.68 was lost in 2019Balance sheet
balance sheet total €113,960 on 30-06-2019What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
113,960 | 103,613 | 92,467 | 72,349 | 58,620 | 56,228 | 42,441 | 39,760 | 35,767 | 27,272 | |
21/28 |
50 | 50 | 607 | 2,860 | 4,253 | 1,676 | 2,489 | 3,302 | - | - | |
22/27 |
- | - | 557 | 2,810 | 4,203 | 1,626 | 2,439 | 3,252 | - | - | |
24 |
- | - | 557 | 2,810 | 4,203 | 1,626 | 2,439 | 3,252 | - | - | |
28 |
50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | - | - | |
29/58 |
113,910 | 103,563 | 91,860 | 69,489 | 54,367 | 54,552 | 39,952 | 36,458 | 35,767 | 27,272 | |
3 |
109,366 | 102,426 | 91,501 | 67,356 | 51,871 | 43,035 | 39,050 | 34,814 | 35,253 | 21,987 | |
30/36 |
109,366 | 102,426 | 91,501 | 67,356 | 51,871 | 43,035 | 39,050 | 34,814 | 35,253 | 21,987 | |
40/41 |
2,560 | - | - | - | - | 11,500 | - | - | - | 1,685 | |
40 |
2,560 | - | - | - | - | 11,500 | - | - | - | - | |
41 |
- | - | - | - | - | - | - | - | - | 1,685 | |
54/58 |
1,984 | 1,137 | 359 | 2,133 | 2,496 | 17 | 902 | 1,644 | 514 | 3,600 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
113,960 | 103,613 | 92,467 | 72,349 | 58,620 | 56,228 | 42,441 | 39,760 | 35,767 | 27,272 | |
10/15 |
842 | 5,757 | 8,814 | 7,969 | 16,927 | 13,640 | 17,093 | 23,028 | 20,069 | 17,356 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 16,100 | 13,700 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 2,500 | 4,900 | |
14 |
-17,758 | -12,843 | -9,786 | -10,631 | -1,673 | -4,960 | -1,507 | 4,428 | 3,969 | 3,656 | |
17/49 |
113,118 | 97,856 | 83,653 | 64,380 | 41,693 | 42,588 | 25,348 | 16,732 | 15,698 | 9,916 | |
42/48 |
113,118 | 97,856 | 83,653 | 64,380 | 41,693 | 42,588 | 25,348 | 16,732 | 15,698 | 9,916 | |
43 |
- | - | - | 5 | - | 2,690 | - | - | - | 3,236 | |
430/8 |
- | - | - | 5 | - | 2,690 | - | - | - | 3,236 | |
44 |
79,622 | 56,485 | 34,127 | 16,460 | 6,734 | 9,596 | 14,612 | 7,129 | 9,263 | 140 | |
440/4 |
79,622 | 56,485 | 34,127 | 16,460 | 6,734 | 9,596 | 14,612 | 7,129 | 9,263 | 140 | |
46 |
- | - | - | - | - | 11,500 | - | - | - | - | |
45 |
33,461 | 36,980 | 40,660 | 41,440 | 27,657 | 18,802 | 10,736 | 9,405 | 2,865 | 6,540 | |
450/3 |
9,122 | 14,166 | 12,209 | 6,489 | 3,861 | 2,884 | 4,636 | 8,208 | 2,865 | 6,540 | |
454/9 |
24,339 | 22,814 | 28,451 | 34,951 | 23,796 | 15,918 | 6,100 | 1,197 | - | - | |
47/48 |
35 | 4,391 | 8,866 | 6,475 | 7,302 | - | - | 198 | 3,570 | - | |
| Income statement | |||||||||||
70 |
73,615 | 68,454 | 92,274 | 82,752 | 93,353 | 94,845 | 76,099 | 65,197 | 47,862 | 56,758 | |
76A |
1,653 | - | 6 | - | - | 1 | - | - | - | - | |
9900 |
1,695 | 6,706 | 30,930 | 23,498 | 20,444 | 10,385 | 1,328 | 4,427 | 1,646 | 5,342 | |
60/61 |
71,920 | 61,748 | 61,344 | 59,254 | 72,909 | 84,460 | 74,771 | 60,770 | 46,215 | 51,416 | |
62 |
6,544 | 5,263 | 24,055 | 27,436 | 13,233 | 10,873 | 5,473 | 1,660 | - | - | |
630 |
- | 558 | 2,253 | 3,066 | 2,508 | 813 | 813 | 813 | - | - | |
640/8 |
408 | 1,193 | 3,257 | 643 | 1,041 | 792 | 619 | 1,087 | 348 | 348 | |
66A |
177 | 2,749 | 526 | 30 | - | 253 | 290 | 37 | 236 | - | |
9901 |
-5,257 | -308 | 1,365 | -7,647 | 3,662 | -2,093 | -5,577 | 867 | 1,298 | 4,994 | |
75/76B |
1,653 | - | 6 | - | 22 | - | - | 1 | 25 | 2 | |
75 |
- | - | - | - | 22 | - | - | 1 | 25 | 2 | |
76B |
1,653 | - | 6 | - | - | - | - | - | - | - | |
65/66B |
1,311 | 2,749 | 526 | 1,281 | 397 | 1,108 | 68 | 372 | 774 | 354 | |
65 |
1,134 | - | - | 1,281 | 397 | 1,108 | 68 | 372 | 774 | 354 | |
66B |
177 | 2,749 | 526 | - | - | - | - | - | - | - | |
9903 |
-4,915 | -3,057 | 845 | -8,958 | 3,287 | -3,453 | -5,935 | 459 | 313 | 4,642 | |
67/77 |
- | - | - | - | - | - | - | - | - | 986 | |
9904 |
-4,915 | -3,057 | 845 | -8,958 | 3,287 | -3,453 | -5,935 | 459 | 313 | 3,656 | |
9905 |
-4,915 | -3,057 | 845 | -8,958 | 3,287 | -3,453 | -5,935 | 459 | 313 | 3,656 | |
| Appropriation of the result | |||||||||||
9906 |
-17,758 | -12,843 | -9,786 | -10,631 | -1,673 | -4,960 | -1,507 | 4,428 | 3,969 | 3,656 | |
| Document | |||||||||||
Source: Annual accounts 2019 (PDF), filed on 16-01-2020.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2019 | full format | 16-01-2020 | 2020-01700223 | |
| 30-06-2018 | full format | 13-02-2019 | 2019-05000306 | |
| 30-06-2017 | full format | 28-02-2018 | 2018-06100041 | |
| 30-06-2016 | full format | 28-02-2017 | 2017-05600037 | |
| 30-06-2015 | full format | 21-12-2015 | 2015-70400168 | |
| 30-06-2014 | full format | 27-01-2015 | 2015-03100584 | |
| 30-06-2013 | full format | 06-01-2014 | 2014-00300155 | |
| 30-06-2012 | full format | 29-01-2013 | 2013-02500548 | |
| 30-06-2011 | full format | 29-03-2012 | 2012-07800156 | |
| 30-06-2010 | full format | 17-02-2011 | 2011-04100600 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 250 | 3,618 | -4,581 | 6,170 | -1,280 | -4,764 | 1,680 | - | - | ||
| - | -2,499 | 3,098 | -5,892 | 5,795 | -2,640 | -5,122 | 1,272 | - | - | ||
| - | 1 | 0 | 1,673 | 5,085 | 0 | 0 | 4,115 | - | - | ||
| 847 | 778 | -1,774 | -363 | 2,479 | -885 | -742 | 1,130 | -3,086 | - | ||
| 792 | 5,707 | 8,207 | 5,109 | 12,674 | 11,964 | 14,604 | 19,726 | 20,069 | 17,356 | ||
| -7.1% | -0.4% | 1.5% | -9.2% | 3.9% | -2.2% | -7.3% | 1.3% | 2.7% | 8.8% | ||
| 0.7% | 5.6% | 9.5% | 11.0% | 28.9% | 24.3% | 40.3% | 57.9% | 56.1% | 63.6% | ||
| 1.01 | 1.06 | 1.10 | 1.08 | 1.30 | 1.28 | 1.58 | 2.18 | 2.28 | 2.75 | ||
| 0.04 | 0.01 | 0.00 | 0.03 | 0.06 | 0.27 | 0.04 | 0.10 | 0.03 | 0.53 | ||
| - | 17.00 | 9.49 | 8.08 | 2.46 | 3.12 | 1.48 | 0.73 | 0.78 | 0.57 | ||
| - | -53.1% | 9.6% | -112.4% | 19.4% | -25.3% | -34.7% | 2.0% | 1.6% | 21.1% | ||
| -4.3% | -3.0% | 0.9% | -12.4% | 5.6% | -6.1% | -14.0% | 1.2% | 0.9% | 13.4% | ||
| 13 days | - | - | - | - | 44 days | - | - | - | 11 days | ||
| 404 days | 334 days | 203 days | 101 days | 34 days | 41 days | 71 days | 43 days | 73 days | 1 day |
The equity ratios are withheld because equity of €842 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on NEW SOLUTION
The operating result for 2019 is a loss of €5,257, larger than the loss of €308 in 2018. It is the lowest result since 2016.
Debt's share of the balance-sheet total rises from 94.4% to 99.3%. Equity is lower and debt is higher.
Board & ownership
Curator
1 mandateCurator, Avenue Louise 349/16, 1050 Bruxelles 5
from 15-11-2021 to 09-05-2023
Also on 203 other cases
Mandates through the years
1 name, the dashed line is todayBEN HADDI FOUAD
Manager
Manager
Earliermandate already running before its first mentionend not datedBankruptcy 15-11-2021
Mandates as a list
- BEN HADDI FOUAD
- Manager, from before 05-12-2019, last mentioned in 2019
Control
Capital
- Capital
- €18,600
- Source
- 2019 annual accounts
Timeline
Timeline
17 events since 2009Filings
Financial
Insolvency
Address
201020122014201620182020202220242026
2023
Bankruptcy closure (by liquidation) French-language Enterprise Court of Brussels · judgment of 09-05-2023
2021
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 15-11-2021
2020
Annual accounts 2019 filed PDFfull format · 15 days before the deadline
2019
Registered office moved within BrusselsNew registered office: Place de la Chapelle n°7-1000 Bruxelles · Previous registered office: CHAUSSEE DE MONS 144, 1070 BRUXELLES · General meeting of 01-10-20192 points ▸
- General meeting, 01-10-2019
- Registered-office move, Place de la Chapelle n°7-1000 Bruxelles
Annual accounts 2018 filed PDFfull format · 13 days late
2018
Annual accounts 2017 filed PDFfull format · 28 days late
2017
Back to profit net €845 The net result is €845, after one loss-making year.
Annual accounts 2016 filed PDFfull format · 28 days late
2016
Weakest financial year net -€8,958 The net result drops to -€8,958, the lowest from 2010 to 2019.
2015
Annual accounts 2015 filed PDFfull format · 41 days before the deadline
Back to profit net €3,287 The net result is €3,287, after 2 loss-making years.
Annual accounts 2014 filed PDFfull format · 4 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 25 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 2 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 58 days late
2011
Annual accounts 2010 filed PDFfull format · 17 days late
2009
Incorporation PDF8 publications in the Belgian Official Gazette, the last on 05-12-2019
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
NEW SOLUTION is no longer in the KBO register.
- Last annual accounts
- financial year to 30 June 2019
- Last registered office
- Chaussee De Mons 144, 1070 Anderlechtas published on 5 December 2019
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2010