NEW TREND CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of NEW TREND CONSTRUCT is 4.3% (elevated). For NEW TREND CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €144,975 and a net result of €43,797. Equity is growing by ~51.7% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability83▲+72
Solvency62▲+31
Growth85▲+17
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
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 2022Solvency, return and age of the figures
Solvency
37.4%
Return on assets
11.3%
Age of the figures
48 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 10-08-2023, 102 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
102 d late
2021
289 d late
2020
95 d late
2018
119 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 92 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€1.5m▲ 24.5%
2020 · €1.2m
EBIT margin
-3.7%▼ 6.0pp
2020 · 2.3%
Net result
€43,797
2021 · -€72,497
Working capital
€84,699▼ 9.2%
2021 · €93,236
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018202020212022
Turnover€1.2m-€1.5m▲ 24.5%
Operating result€15,727-€28,854--€57,077€34,807
Net result€15,584-€28,854--€72,497€43,797
EBIT margin2.3%--3.7%▼ 6.0pp
Equity€21,784-€173,674-€101,177▼ 41.7%€144,975▲ 43.3%
Total assets€412,186-€273,362-€1.8m▲ 563%€388,063▼ 78.6%
Debt€80,401-€99,688-€1.7m▲ 1,616%€243,088▼ 85.8%
Working capital€320,438-€162,422-€93,236▼ 42.6%€84,699▼ 9.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €34,807 after a loss of €57,077 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €387,748
Fixed assets
€59,961 ▲ 655%
Current assets
€327,787 ▼ 81.8%
Equity and liabilities €388,063
Equity
€144,975 ▲ 43.3%
Debt
€243,088 ▼ 85.8%
Debt's share of the balance-sheet total falls from 94.4% to 62.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43,774▲
2021 · -€53,767
Cash flow
€52,764▲
2021 · -€69,186
Current ratio
1.35▲
2021 · 1.05
Debt to equity
1.68▼
2021 · 16.91
ROE
30.2%▲
2021 · -71.7%
ROA
11.3%▲
2021 · -4.0%
Interest coverage
38.22▲
2021 · -183.18
Debt ≤ 1 year
€243,088▼
2021 · €1.7m
Income taxes
-€10,135▼
2021 · €15,126
Staff costs
€218▼
2021 · €499
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €1.2m | €1.5m | - | - |
| Non-recurring operating income76A | - | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €1.6m | - | - |
| Remuneration, social security and pensions62 | - | - | €499 | €218 | ▼ 56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,164 | - | €3,310 | €8,967 | ▲ 171% |
| Other operating charges640/8 | - | - | €3,912 | €8,032 | ▲ 105% |
| Non-recurring operating charges66A | - | - | €0 | - | - |
| Gross operating margin9900 | €331,891 | €32,444 | -€49,356 | €52,025 | ▲ 205% |
| Operating profit (loss)9901 | €15,727 | €28,854 | -€57,077 | €34,807 | ▲ 161% |
| Financial income75/76B | - | - | €0 | - | - |
| Recurring financial income75 | - | - | €0 | - | - |
| Non-recurring financial income76B | - | - | €0 | - | - |
| Financial charges65/66B | - | - | €294 | €1,145 | ▲ 290% |
| Recurring financial charges65 | €143 | - | €294 | €1,145 | ▲ 290% |
| Non-recurring financial charges66B | - | - | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €15,584 | €28,854 | -€57,370 | €33,662 | ▲ 159% |
| Income taxes67/77 | - | - | €15,126 | -€10,135 | ▼ 167% |
| Profit (loss) for the period9904 | €15,584 | €28,854 | -€72,497 | €43,797 | ▲ 160% |
| Profit (loss) for the period to be appropriated9905 | €15,584 | €28,854 | -€72,497 | €43,797 | ▲ 160% |
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €412,186 | €273,362 | €1.8m | €388,063 | ▼ 78.6% |
| Formation expenses20 | - | - | - | €315 | - |
| Fixed assets21/28 | €11,346 | €11,252 | €7,942 | €59,961 | ▲ 655% |
| Tangible fixed assets22/27 | €11,346 | €11,252 | €7,942 | €59,961 | ▲ 655% |
| Plant, machinery and equipment23 | - | - | €0 | €53,665 | - |
| Furniture and vehicles24 | - | - | €7,942 | €6,296 | ▼ 20.7% |
| Current assets29/58 | €400,839 | €262,110 | €1.8m | €327,787 | ▼ 81.8% |
| Amounts receivable after more than one year29 | - | - | €0 | - | - |
| Stocks and contracts in progress3 | - | - | €0 | - | - |
| Amounts receivable within one year40/41 | €399,244 | €189,882 | €1.7m | €278,295 | ▼ 84.0% |
| Trade receivables40 | - | - | €1.6m | €276,855 | ▼ 83.1% |
| Other amounts receivable41 | - | - | €99,621 | €1,440 | ▼ 98.6% |
| Cash at bank and in hand54/58 | €1,595 | €69,077 | €69,077 | €49,491 | ▼ 28.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €412,186 | €273,362 | €1.8m | €388,063 | ▼ 78.6% |
| Equity10/15 | €21,784 | €173,674 | €101,177 | €144,975 | ▲ 43.3% |
| Contributions10/11 | €6,200 | €13,400 | €13,400 | €13,400 | = |
| Capital10 | - | - | €13,400 | - | - |
| Issued capital100 | - | - | €37,200 | - | - |
| Uncalled capital101 | - | - | €23,800 | - | - |
| Non-distributable reserves130/1 | - | - | €0 | - | - |
| Profit (loss) carried forward14 | €15,584 | €160,274 | €87,777 | €131,575 | ▲ 49.9% |
| Provisions and deferred taxes16 | €310,000 | - | €0 | - | - |
| Provisions for liabilities and charges160/5 | - | - | €0 | - | - |
| Amounts payable17/49 | €80,401 | €99,688 | €1.7m | €243,088 | ▼ 85.8% |
| Amounts payable after more than one year17 | - | - | €0 | - | - |
| Financial debts170/4 | - | - | €0 | - | - |
| Amounts payable within one year42/48 | €80,401 | €99,688 | €1.7m | €243,088 | ▼ 85.8% |
| Financial debts43 | - | - | €0 | - | - |
| Trade debts44 | €71,552 | €29,906 | €1.6m | €183,730 | ▼ 88.8% |
| Suppliers440/4 | - | - | €1.6m | €183,730 | ▼ 88.8% |
| Taxes, remuneration and social security45 | - | - | €69,782 | €59,358 | ▼ 14.9% |
| Taxes450/3 | - | - | €69,782 | €59,358 | ▼ 14.9% |
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,584 | €28,854 | -€72,497 | €43,797 | ▲ 160% |
| + Depreciation and write-downs630 | €6,164 | - | €3,310 | €8,967 | ▲ 171% |
| Operating cash flow (approximation) | €21,749 | €28,854 | -€69,186 | €52,764 | ▲ 176% |
| Investment in fixed assets (approximation) | - | - | €0 | -€60,987 | ▼ 23,456,465% |
| Change in cash | - | - | €0 | -€19,586 | ▼ 8,160,900% |
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
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 102 days late
13-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 289 days late
2022
30-09
Financial
Back to profitnet €43,797
Net result €43,797 after one loss-making year.
2021
30-09
Financial
Weakest financial yearnet -€72,497
Net result drops to -€72,497, the lowest in the series; recovery starts the following year.
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 95 days late
2020
30-09
Financial
Equity above €150,000Eq €173,674 ▲697%
2 profitable years in a row build equity to €173,674.
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Vorst
Ground area
267 m²
Building footprint
130 m²
Volume, LiDAR
2,191 m³
Parcel 21007A0026/00H006, Brussels · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0026/00H006 | Brussels | 267 m² | 1 · 130 m² | 21.1 m · 6 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-01-2017
Fiscal year end30-09
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
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