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NEW TECK

Active
Private limited companyfounded 1992active for 34 yearsRue Wanhériffe 21, 5300 Andenne, BelgiumKBO/BCE: BE 0446.926.906

The file of NEW TECK contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 14.6% (high). The 2025 annual accounts show negative equity (-€165,288) and a net result of -€219,235. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 13% of 13,632 sector peers (NACE 46, financial year 2025).

Overview

Activity
Wholesale trade
NACE 46471Retail sale of household furniture NACE 47551
1 site
Size
€507,426total assets 2025
Staff
3.7 FTE
Equity
-€165,288
Loss
-€219,235
Turnover not published (micro format)
Financial health
26 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
14.6%
Structure
2025 accounts 15 days early1 of 15 deeds summarised
Why 26raises riskReorganisation plan being carried out (approved, Gazette 29-01-2026)Loss of €219,235, the second in a row (financial year 2025)Negative equity -€165,288lowers riskSize: total assets €507,426Show the evidence

Checked score

Score 2025
26 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 4% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 0-34
equity -32.6% of total assets
Liquidity 0-11
short-term debt 119.7% · cash 0.3%
Profitability 0=
return on assets -43.2%
Bankruptcy probability, 12 months
14.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 02-2026: 14.6%highest value 03-2026: 14.6%● unchanged vs 02-2026highest value 04-2026: 14.6%● unchanged vs 03-2026highest value 05-2026: 14.6%● unchanged vs 04-2026highest value 06-2026: 14.6%● unchanged vs 05-2026highest value 07-2026: 14.6%● unchanged vs 06-2026highest value 08-2026: 14.6%● unchanged vs 07-2026highest value 09-2026: 14.6%● unchanged vs 08-2026highest value 10-2026: 14.6%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.66, compared with 1.06 in 2024, below 1; short-term debt: 119.7% and cash: 0.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 6% on solvency, 3% on liquidity, 6% on profitability and 1% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

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

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Reorganisation plan being carried out (approved, Gazette 29-01-2026)
While the plan runs, the probability is at least 14.6%: the measured failure rate of plans of that age.
Belgian Official Gazette
lowers risk · Size: total assets €507,426
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €219,235, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€165,288
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€165,288
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
30 days late
2023
61 days late
2022
16 days late
2021
1 day late
2020
25 days late
2019
122 days 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 34 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 16 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Plan homologationEnterprise Court of Liège ·…
  3. Weakest financial yearnet -€219,235

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€165,288 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€219,235 View
  • Caution: Result fell in 2025from -€107,334 to -€219,235 ▼ 104% View
  • Caution: Among the weakest 5% on net resultsector median €5,631 · 13,638 companies -€219,235 View

By topic

Financials

Financial year
2025
Total assets
€507,426
Loss
-€219,235
Solvency
-32.6%
Total assets▼ 17.8%
Net result
20182025
Go to Financials

Timeline

Events
40
Since
1993
Next accounts
by 31-07-2027
  1. 30-09-2025Opening
  2. 30-08-2025Annual accounts filed
  3. 25-03-2025Resignation: FOCQUEUR Rudi (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46471
Founded
23-03-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about NEW TECK

What is the company number of NEW TECK?
0446.926.906. In Belgium the VAT number is the company number with BE in front: BE 0446.926.906.
Where is NEW TECK based?
The registered office is at Rue Wanhériffe 21, 5300 Andenne.Company details
What does NEW TECK do?
According to the KBO register, the main activity is wholesale trade (NACE 46471).
What is the legal form of NEW TECK?
Private limited company (BV).
When was NEW TECK founded?
On 23-03-1992.
Is NEW TECK still active?
Yes, NEW TECK is an active enterprise in the KBO register.
How many employees does NEW TECK have?
On average 3.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NEW TECK?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is NEW TECK profitable?
In financial year 2025, NEW TECK made a loss of €219,235.
Where can I find the annual accounts of NEW TECK?
NEW TECK filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NEW TECK due?
By 31-07-2027, for financial year 2026.Timeline

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