NEW TECHNIQUE
ActiveSummary
The computed 12-month bankruptcy probability of NEW TECHNIQUE is 1.9% (moderate). The 2024 annual accounts show equity of €536k and a net result of €221k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 3549 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+14
Solvency60▲+7
Growth85=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.33 in 2023; short-term debt: 65.5% and cash: 13% of total assets), and 65.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 30-06-2025, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
4 d late
2022
46 d early
2021
9 d early
2020
34 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€2.47M▼ 15.4%
2023 · €2.92M
2018: €690k
2019: €1.31M
2020: €540k
2021: €1.69M
2022: €2.40M
2023: €2.92M
2018 → 2024
EBIT margin
11.7%▲ 5.9pp
2023 · 5.8%
2018: 2.3%
2019: 16.5%
2020: 4.0%
2021: 2.4%
2022: 3.4%
2023: 5.8%
2018 → 2024
Net result
€221k▲ 69.2%
2023 · €130k
2018: €11k
2019: €186k
2020: €4k
2021: €28k
2022: €67k
2023: €130k
2018 → 2024
Working capital
€398k▲ 12.0%
2023 · €355k
2018: €36k
2019: €169k
2020: €187k
2021: €206k
2022: €243k
2023: €355k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€540k-€1.69M▲ 213%€2.40M▲ 42.0%€2.92M▲ 22.1%€2.47M▼ 15.4%
Equity€189k-€218k▲ 15.0%€284k▲ 30.6%€415k▲ 45.9%€536k▲ 29.1%
Operating result€22k-€41k▲ 88.0%€82k▲ 101%€171k▲ 108%€290k▲ 69.9%
Net result€4k-€28k▲ 710%€67k▲ 134%€130k▲ 95.9%€221k▲ 69.2%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 70% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.55M
Fixed assets
€137k ▲ 131%
Current assets
€1.41M ▼ 2.1%
Equity and liabilities €1.55M
Equity
€536k ▲ 29.1%
Debt
€1.02M ▼ 6.7%
Debt's share of the balance-sheet total falls from 72.4% to 65.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€336k▲
2023 · €190k
Cash flow
€266k▲
2023 · €149k
Current ratio
1.39▲
2023 · 1.33
Debt to equity
1.90▼
2023 · 2.62
ROE
41.2%▲
2023 · 31.4%
ROA
14.2%▲
2023 · 8.7%
Interest coverage
85.08▼
2023 · 88.39
Debt ≤ 1 year
€1.02M▼
2023 · €1.09M
Income taxes
€75k▲
2023 · €42k
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 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.50M€1.55M▲
Fixed assets21/28€59k€137k▲
Tangible fixed assets22/27€59k€137k▲
Plant, machinery and equipment23€5k€56k▲
Furniture and vehicles24€54k€81k▲
Current assets29/58€1.44M€1.41M▼
Amounts receivable after more than one year29€60k€67k▲
Other amounts receivable291€60k€67k▲
Amounts receivable within one year40/41€1.20M€1.14M▼
Trade receivables40€806k€486k▼
Other amounts receivable41€396k€659k▲
Cash at bank and in hand54/58€182k€202k▲
Equity and liabilities
Total equity and liabilities10/49€1.50M€1.55M▲
Equity10/15€415k€536k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€401k€521k▲
Amounts payable17/49€1.09M€1.02M▼
Amounts payable within one year42/48€1.09M€1.02M▼
Trade debts44€1.05M€837k▼
Suppliers440/4€1.05M€837k▼
Taxes, remuneration and social security45€42k€100k▲
Taxes450/3€42k€97k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48-€78k
Income statement
Code20232024
Turnover70€2.92M€2.47M▼
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61€2.73M€2.14M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€46k▲
Other operating charges640/8€403€5k▲
Gross operating margin9900€190k€341k▲
Operating profit (loss)9901€171k€290k▲
Financial income75/76B€4k€10k▲
Recurring financial income75€4k€10k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€173k€296k▲
Income taxes67/77€42k€75k▲
Profit (loss) for the period9904€130k€221k▲
Profit (loss) for the period to be appropriated9905€130k€221k▲
Appropriation of the result
Profit (loss) to be appropriated9906€401k€621k▲
Profit (loss) brought forward from the previous period14P€270k€401k▲
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-11
Financial
Highest result since 2018net €221k ▲69.2%
Operating result €290k, net result €221k, both a record.
30-11
Financial
Equity above €500kEq €536k ▲29.1%
7 profitable years in a row build equity to €536k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 4 days late
2023
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial
Equity above €200kEq €218k ▲15%
4 profitable years in a row build equity to €218k.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-11
Financial
Weakest financial yearnet €4k ▼98.1%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-11
Financial
Equity above €150kEq €186k ▲316%
2 profitable years in a row build equity to €186k.
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 73 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 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 2016
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.
Bergense Steenweg 9541070 AnderlechtGround area
84 m²
Building footprint
85 m²
Volume, LiDAR
681 m³
Parcel 21306D0340/00C004, Brussels · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NEW TECHNIQUE
since 20162.253.410.067
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0340/00C004 | Brussels | 84 m² | 1 · 85 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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BUILDING COORDINATION COMPANY
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BE 0449.985.176
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 968 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
Founded08-03-2016
Fiscal year end30-11
Activities, NACEBEL 2025
43240Other construction installation
43230Insulation installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.