Financials
- Fiscal year
- 2025
- Total assets
- €44,653
- Profit
- €1,018
- Solvency
- 96.2%
Turnover▲ 38.3%
Net result
20182020
NEW START
ActiveSummary
The computed 12-month bankruptcy probability of NEW START is 2.3% (moderate). The 2025 annual accounts show equity of €42,940 and a net result of €1,018. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 5080 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
What they do
Freight transport by road
NACE 49410NACE 60242
1 site
How big
€44,653total assets 2025
- Equity
- €42,940
- Profit
- €1,018
Who decides
Accounts filed 42 d late0 of 1 deed read
Why 53- Latest accounts 42 days late; 2 of the last 3 late- Sector Land transport and transport via pipelines (NACE 49)- Size: total assets €44,653+ Founded in 1998Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 53% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 96.2% of total assets
Liquidity
51=
short-term debt 3.8% · cash 0.5%
Profitability
43+43
return on assets 2.3%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Latest accounts 42 days late; 2 of the last 3 late raises the probability
- Sector Land transport and transport via pipelines (NACE 49) raises the probability
- Founded in 1998 lowers the probability for this profile
- Size: total assets €44,653 raises the probability for this profile
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 26.06 against 22.76 in 2024; short-term debt: 3.8% and cash: 0.5% of total assets), and 3.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 92%, liquidity 54%, profitability 24%, growth against the median 42%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 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 filingsDeviation from the deadline
2025
42 d late
2024
15 d late
2023
46 d late
2022
32 d late
2021
26 d late
2020
31 d late
2019
62 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
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
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €1,018
- Address struckKBO administration
Key points
By topic
Timeline
- Events
- 17
- Since
- 2017
- Next accounts
- by 31-07-2027
- 11-09-2026Annual accounts filed
- 31-12-2025Back to profit
- 20-10-2025Address struck
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Freight transport by roadNACE 49410
- Founded
- 16-12-1998
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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