NEW TECHNOLOGY
ActiveSummary
NEW TECHNOLOGY has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €215 and a net result of -€14,243. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 23% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2022
Profitability8▼-67
Solvency25▲+25
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 1.0 against 0.76 in 2022; short-term debt: 99.9% and cash: 36.8% of total assets), and 99.9% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
0.1%
Return on assets
-8.4%
Age of the figures
24 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 26049 sector peers (2024).
NBB · sector comparisonPosition among 26049 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 151 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 11-06-2025, 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
not filed
2024
42 d late
2022
1 d late
2021
31 d late
2020
29 d late
2019
60 d late
2018
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 28 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€215
2022 · -€42,466
Total assets
€170,364▲ 14.5%
2022 · €148,780
Net result
-€14,243
2022 · €7,988
Working capital
-€39▲ 99.9%
2022 · -€45,845
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222024
Operating result-€29,270-€12,436▲ 57.5%€2,877€8,449▲ 194%-€14,098-
Net result-€29,591-€13,832below the sector's middle half▲ 53.3%€2,473within the sector's middle half€7,988within the sector's middle half▲ 223%-€14,243below the sector's middle half-
Equity-€39,095▼ 311%-€52,927below the sector's middle half▼ 35.4%-€50,454below the sector's middle half▲ 4.7%-€42,466below the sector's middle half▲ 15.8%€215below the sector's middle half-
Total assets€125,036▼ 1.1%€125,599within the sector's middle half▲ 0.5%€116,030within the sector's middle half▼ 7.6%€148,780within the sector's middle half▲ 28.2%€170,364within the sector's middle half-
Debt€164,131▲ 20.7%€178,526▲ 8.8%€166,484▼ 6.7%€191,246▲ 14.9%€170,149-
Working capital-€70,758▼ 86.1%-€81,839below the sector's middle half▼ 15.7%-€67,450below the sector's middle half▲ 17.6%-€45,845below the sector's middle half▲ 32.0%-€39within the sector's middle half-
Solvency-31.3%▼ 23.8pp-42.1%below the sector's middle half▼ 10.9pp-43.5%below the sector's middle half▼ 1.3pp-28.5%below the sector's middle half▲ 14.9pp0.1%below the sector's middle half-
Current ratio0.57▼ 0.150.54below the sector's middle half▼ 0.030.59below the sector's middle half▲ 0.050.76below the sector's middle half▲ 0.171.00within the sector's middle half-
Return on assets (ROA)-23.7%▼ 31.9pp-11.0%below the sector's middle half▲ 12.7pp2.1%within the sector's middle half▲ 13.1pp5.4%within the sector's middle half▲ 3.2pp-8.4%below the sector's middle half-
Staff (FTE)0.1below the sector's middle half1▲ 900%0.6▼ 40.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€14,098 in 2024, compared with €8,449 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €170,364
Fixed assets
€255 ▼ 92.5%
Current assets
€170,110 ▲ 17.0%
Equity and liabilities €170,364
Equity
€215
Debt
€170,149
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
EBITDA
-€14,008▼
2022 · €15,256
Cash flow
-€14,153▼
2022 · €14,795
Quick ratio
0.93▲
2022 · 0.70
Interest coverage
-94.07▼
2022 · 36.77
Debt ≤ 1 year
€170,149▼
2022 · €191,246
Staff costs
-€81▼
2022 · €9,376
Equity ratios withheld: equity of €215 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.1%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €14,048 | €9,376 | -€81 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,412 | €11,609 | €12,515 | €6,807 | €90 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€1,000 | - | -€2,326 | - |
| Other operating charges640/8 | - | - | €785 | €595 | €7,691 | - |
| Non-recurring operating charges66A | - | - | - | - | €13,593 | - |
| Gross operating margin9900 | €2,621 | €309 | €29,225 | €25,226 | €4,870 | - |
| Operating profit (loss)9901 | -€29,270 | -€12,436 | €2,877 | €8,449 | -€14,098 | - |
| Financial income75/76B | - | - | €0 | €76 | €4 | - |
| Recurring financial income75 | - | - | €0 | €76 | €4 | - |
| Financial charges65/66B | - | - | €340 | €415 | €149 | - |
| Recurring financial charges65 | €320 | €1,396 | €340 | €415 | €149 | - |
| Profit (loss) for the period before taxes9903 | -€29,591 | -€13,832 | €2,536 | €8,109 | -€14,243 | - |
| Income taxes67/77 | - | - | €63 | €122 | - | - |
| Profit (loss) for the period9904 | -€29,591 | -€13,832 | €2,473 | €7,988 | -€14,243 | - |
| Profit (loss) for the period to be appropriated9905 | -€29,591 | -€13,832 | €2,473 | €7,988 | -€14,243 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,036 | €125,599 | €116,030 | €148,780 | €170,364 | - |
| Fixed assets21/28 | €31,663 | €28,912 | €16,997 | €3,378 | €255 | - |
| Intangible fixed assets21 | €31,223 | €20,229 | €10,086 | €3,278 | €155 | - |
| Tangible fixed assets22/27 | €340 | €8,582 | €6,811 | - | - | - |
| Furniture and vehicles24 | - | - | €6,811 | - | - | - |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | - |
| Current assets29/58 | €93,373 | €96,688 | €99,034 | €145,402 | €170,110 | - |
| Stocks and contracts in progress3 | €6,746 | €20,233 | €6,016 | €12,301 | €12,565 | - |
| Stocks30/36 | - | - | €6,016 | €12,301 | €12,565 | - |
| Amounts receivable within one year40/41 | €40,869 | €44,273 | €43,394 | €78,757 | €94,661 | - |
| Trade receivables40 | - | - | €30,689 | €61,496 | €72,573 | - |
| Other amounts receivable41 | - | - | €12,705 | €17,262 | €22,088 | - |
| Cash at bank and in hand54/58 | €45,758 | €31,984 | €48,443 | €54,122 | €62,686 | - |
| Deferred charges and accrued income490/1 | - | - | €1,181 | €222 | €198 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,036 | €125,599 | €116,030 | €148,780 | €170,364 | - |
| Equity10/15 | -€39,095 | -€52,927 | -€50,454 | -€42,466 | €215 | - |
| Contributions10/11 | €10,700 | - | €10,700 | €10,700 | €10,700 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€51,655 | -€65,487 | -€63,014 | -€55,026 | -€12,345 | - |
| Amounts payable17/49 | €164,131 | €178,526 | €166,484 | €191,246 | €170,149 | - |
| Amounts payable within one year42/48 | €164,131 | €178,526 | €166,484 | €191,246 | €170,149 | - |
| Trade debts44 | €44,465 | €45,993 | €13,724 | €29,114 | €11,493 | - |
| Suppliers440/4 | - | - | €13,724 | €29,114 | €11,493 | - |
| Advances received on contracts in progress46 | - | - | €1,094 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €5,992 | €6,346 | €2,243 | - |
| Taxes450/3 | - | - | €3,018 | €3,868 | - | - |
| Remuneration and social security454/9 | - | - | €2,974 | €2,478 | €2,243 | - |
| Other amounts payable47/48 | - | - | €145,675 | €155,786 | €156,414 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€29,591 | -€13,832 | €2,473 | €7,988 | -€14,243 | - |
| + Depreciation and write-downs630 | €11,412 | €11,609 | €12,515 | €6,807 | €90 | - |
| Operating cash flow (approximation) | -€18,178 | -€2,223 | €14,988 | €14,795 | -€14,153 | - |
| Investment in fixed assets (approximation) | - | -€8,858 | -€600 | €6,811 | - | - |
| Change in cash | - | -€13,775 | €16,460 | €5,678 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2023
01-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
Financial
Back to profitnet €2,473
Net result €2,473 after 2 loss-making years.
29-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
30-09
Financial
Weakest financial yearnet -€29,591
Net result drops to -€29,591, the lowest in the series; recovery starts the following year.
03-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 3 days late
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
30-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Lontzen · 1 establishment unit since 2004
Ground area
1.1 ha
Building footprint
2,007 m²
Volume, LiDAR
14,760 m³
Parcel 63048D0334/00E000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
NEW TECHNOLOGY
since 20042.143.691.486
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63048D0334/00E000 | Wallonia | 1.1 ha | 1 · 2,007 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 213 companies in sector 47527 we hold annual accounts for 146. 4 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2004
Fiscal year end30-09
Activities, NACEBEL 2025
47527Retail trade
43222Installation of electric heating, air conditioning, cooling and ventilation
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0869733771
Also
9925:BE0869733771
Registered
29-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.