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NEW TECH PROJECTS

Active Private limited companyfounded 2021active for 5 yearsVrijheidweg 10, 3700 Tongeren-BorgloonKBO/BCE: BE 0769.562.960

Lifetime

4 annual accounts with figures on one time axis
peak €544,887 (2024)
€292,346▼ 46.3%
lowest -€8,521 (2022)
€63,215▼ 82.5%
peak €541,182 (2025)
€541,182▲ 13.2%
€2.0m▼ 1.8%
peak 2 FTE (2025)
2 FTE▲ 53.8%
Board3 names since 2021
3 directorsFLORES and 2 others
Documentsfilings and deeds
03-08-20263 days late
2025abbreviated format
Gross margin from €544,887 to €292,346Result from €362,246 to €63,215Staff from 1.3 FTE to 2 FTEEquity from €477,967 to €541,182Investments €28,615Cash from €1.0m to €626,719

Key points

from the 2025 annual accounts

Result

€63,215 ▼ 82.5%
€362,0002024€63,2002025

The result fell in 2025 from €362,246 to €63,215.

Turnover

≈ €520,000 estimated

The abbreviated format states no turnover.

Debts

€2.0m 78% of the balance sheet
Financial debts 63%Suppliers 3%Taxes and wages 5%Other 30%

Of this, €1.1m falls due within a year.

Securities

€15.9m

Mortgage mandates, new in 2025. 29.4 times equity · not in the 2024 accounts.

Investments

€38,615 4.8 × depreciation
20242025

Green is investment, beige is depreciation.

Filings

4 annual accounts 3 late
AprilJune31 JulyOctober2022202320242025

The 2023 accounts came latest: 29 days after the end of the period.

Checked score

94
Excellent
Financially stronger than 53% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.2 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

47+3equity 21.6% of total assets
60-18short-term debt 44.2% · cash 25.0%
34-27return on assets 2.5%

Score breakdown

lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 2.21, cash €626,719
Figures for financial year 2025 (filed on 12-08-2026)
Size: 2 FTE, total assets €2.5m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 41% of them on solvency, 71% on liquidity, 29% on profitability and 70% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,274 companies had the same profile as NEW TECH PROJECTS has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of NEW TECH PROJECTS itself is lower: 0.1% within 12 months. It rests on far more data about NEW TECH PROJECTS than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,274 companies, not a prediction for NEW TECH PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.21 (2.19 in 2024), above the usual 1.5. Short-term debt is 44.2% and cash 25% of total assets. However, 78.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 2.21, cash €626,719
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 12-08-2026)
NBB · annual accounts
lowers risk · Size: 2 FTE, total assets €2.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
3 days late
2024
4 days late
2023
29 days late
2022
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 5 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

F
Director, STRAUVEN Kim
MB
Director, BOSTYN Maarten
M
Director, STAS Patrick
  • BOSTYN Maarten founderdeed of 14-06-2021
  • STAS Patrick founderdeed of 14-06-2021
  • STRAUVEN Kim founderdeed of 14-06-2021

Shares in 1 company, HERIS

Board & ownership

Recent changes

Environmental permit granted Hoogstammige bomen vellen die geen deel uitmaken van een bos · Glabbeek
Environmental permit granted Verwijderen van vrijstaande gebouwen · Lanaken
Registered in the Peppol Directory Reachable for e-invoices through 0208:0769562960
Environmental permit granted Bouwen of herbouwen, Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen and 1 more · Maaseik
All 22 events

Comparable companies

same main activity, similar in size and age
Company
NEW TECH PROJECTS Tongeren-Borgloon €2.5m €292,346 21.6% 2
VB Projectbouw Blankenberge €3.2m €353,216 21.2% 1.4
Miix Deinze €2.7m €167,193 92.3% 2.3
BCMG Mechelen €2.2m €183,274 -0.7% 2.4
UNIQUE RENOVATIONS Knokke-Heist €1.3m €690,300 46.5% 1.8
Trippp Invest Malle €2.9m €344,948 -44.4% 1
Awa-re Heist-op-den-Berg €4.4m €326,038 4.1% 2

These companies have the same main activity as NEW TECH PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.3m and €4.4m, founded between 2018 and 2023.

Official details

Source: KBO
Status
Active since 10-06-2021Normal situation
Activity
Development of residential building projectsNACE 68121and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.321.723.1103700 Tongeren-Borgloon, since 10-06-2021
Financial year end
31 December
Peppol
Reachable since 14-02-2025
Company details

Annual accounts 2025

€2.5m▲ 1.1%
Employeeson 31-12-2025
2=
Filing
Filed on 03-08-2026
Financials

Insights on NEW TECH PROJECTS

NEW TECH PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from -€13,567 in 2022 to €292,346 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NEW TECH PROJECTS

What is the company number of NEW TECH PROJECTS?
The company number of NEW TECH PROJECTS is 0769.562.960. The VAT number is the same number with BE in front: BE 0769.562.960.
Where is NEW TECH PROJECTS based?
The registered office is at Vrijheidweg 10, 3700 Tongeren-Borgloon.Company details
What does NEW TECH PROJECTS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of NEW TECH PROJECTS?
NEW TECH PROJECTS is a private limited company (BV).
When was NEW TECH PROJECTS founded?
NEW TECH PROJECTS was founded on 10-06-2021.
Is NEW TECH PROJECTS still active?
Yes, NEW TECH PROJECTS is an active enterprise in the KBO register.
How many employees does NEW TECH PROJECTS have?
NEW TECH PROJECTS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NEW TECH PROJECTS fall under?
In its 2025 annual accounts, NEW TECH PROJECTS states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of NEW TECH PROJECTS?
The turnover in financial year 2025 is ≈ €520,000. This figure is estimated from the gross margin of €292,346 and 40 comparable companies (NACE 681). It probably lies between €390,000 and €850,000.
Is NEW TECH PROJECTS profitable?
In financial year 2025, NEW TECH PROJECTS made a profit of €63,215.
Where can I find the annual accounts of NEW TECH PROJECTS?
NEW TECH PROJECTS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NEW TECH PROJECTS due?
NEW TECH PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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