NEW TUBE

Active

Private limited companyfounded 199531 yrs activeRue Buissonnet(HAR) 63, 7321 Bernissart, BelgiumKBO/BCE: BE 0455.545.652

NEW TUBE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €349k and a net result of €-6k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 70 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Watch Print / PDF

Checked score

Score 2025

65 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability68▼-12

Solvency70▼-7

Growth52=

Track record100

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €22k at 30 days acceptable

Liquidity ample (current ratio 1.9 against 1.85 in 2024; short-term debt: 46% and cash: 13.4% of total assets), but 55.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 24

Relative position

BE, all sectors

reference

Sector 24

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 filings

Deviation from the deadline

2025

18 d late

2024

61 d late

2023

5 d late

2022

29 d late

2021

33 d early

2020

8 d early

2019

24 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-6k

2024 · €64k

2018: €64k 2019: €57k 2020: €128k 2021: €-59k 2022: €3k 2023: €229k 2024: €64k

2018 → 2025

Working capital

€323k▲ 16.7%

2024 · €277k

2018: €202k 2019: €213k 2020: €259k 2021: €124k 2022: €144k 2023: €190k 2024: €277k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€229k-€232k▲ 1.4%€291k▲ 25.6%€355k▲ 21.9%€349k▼ 1.6%

Operating result€-57k-€4k€314k▲ 7,132%€93k▼ 70.2%€4k▼ 95.3%

Net result€-59k-€3k€229k▲ 6,978%€64k▼ 72.2%€-6k

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2025 is 95% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €780k

12.5%

87.5%

Fixed assets €98k▲ 25.1%

Current assets €682k▲ 13.5%

Equity and liabilities €780k

44.8%

55.2%

Equity €349k▼ 1.6%

Debt €431k▲ 32.8%

The debt ratio rises from 47.8% to 55.2%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€42k▼

2024 · €132k

Cash flow

€32k▼

2024 · €102k

Solvency

44.8%▼

2024 · 52.2%

Current ratio

1.90▲

2024 · 1.85

Quick ratio

1.73▲

2024 · 1.68

Debt / equity

1.23▲

2024 · 0.91

ROE

-1.6%▼

2024 · 17.9%

ROA

-0.7%▼

2024 · 9.4%

Interest coverage

19.33▼

2024 · 73.92

Debt

€431k▲

2024 · €325k

Debt ≤ 1 year

€359k▲

2024 · €324k

Debt > 1 year

€16k

Income taxes

€8k▼

2024 · €30k

Staff costs

€421k▲

2024 · €355k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€679k€780k▲

Fixed assets21/28€78k€98k▲

Intangible fixed assets21-€23k

Tangible fixed assets22/27€71k€68k▼

Plant, machinery and equipment23€30k€39k▲

Furniture and vehicles24€22k€14k▼

Other tangible fixed assets26€20k€15k▼

Financial fixed assets28€7k€7k=

Current assets29/58€601k€682k▲

Stocks and contracts in progress3€58k€60k▲

Stocks30/36€58k€60k▲

Amounts receivable within one year40/41€410k€467k▲

Trade receivables40€385k€355k▼

Other amounts receivable41€25k€112k▲

Current investments50/53€100k-

Cash at bank and in hand54/58€24k€104k▲

Deferred charges and accrued income490/1€10k€51k▲

Equity and liabilities

Total equity and liabilities10/49€679k€780k▲

Equity10/15€355k€349k▼

Contributions10/11€10k€10k=

Reserves13€19k€19k=

Tax-exempt reserves132€19k€19k=

Distributable reserves133€728€728=

Profit (loss) carried forward14€326k€320k▼

Amounts payable17/49€325k€431k▲

Amounts payable after more than one year17-€16k

Financial debts170/4-€16k

Amounts payable within one year42/48€324k€359k▲

Current portion of amounts payable after more than one year42€5k€11k▲

Financial debts43-€35k

Credit institutions430/8-€35k

Trade debts44€287k€273k▼

Suppliers440/4€287k€273k▼

Taxes, remuneration and social security45€32k€40k▲

Taxes450/3€3k€4k▲

Remuneration and social security454/9€29k€35k▲

Accrued charges and deferred income492/3€422€56k▲

Income statement Code20242025

Remuneration, social security and pensions62€355k€421k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€37k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k-

Other operating charges640/8€2k€4k▲

Gross operating margin9900€495k€467k▼

Operating profit (loss)9901€93k€4k▼

Financial income75/76B€2k€543▼

Recurring financial income75€2k€543▼

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€94k€3k▼

Income taxes67/77€30k€8k▼

Profit (loss) for the period9904€64k€-6k▼

Profit (loss) for the period to be appropriated9905€64k€-6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€326k€320k▼

Profit (loss) brought forward from the previous period14P€262k€326k▲

Social balance

Average headcount (FTE)90874.95.5▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

18-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 18 days late

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 61 days late

2024

05-08

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 5 days late

2023

31-12

Financial Highest result since 2018net €229k ▲6978%

Operating result €314k, net result €229k, both a record.

29-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 29 days late

2022

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

28-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Weakest financial yearnet €-59k ▼147%

Net result drops to €-59k, the lowest in the series; recovery starts the following year.

23-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

07-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

29-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

14-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 14 days late

2017

11-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 11 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Bernissart · 2 establishment units since 1995

establishment approximate All 2 establishment units on the map

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.

Rue Buissonnet(HAR) 637321 Bernissart

Ground area

2.2 ha

Building footprint

639 m²

Volume, LiDAR

2,797 m³

3 parcels, Wallonia · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

NEW TUBE

Rue du Calvaire(HAR) 22, 7321 BernissartManufacture of machinery and equipment not elsewhere classified

since 19952.072.420.935

NEW TUBE

Vieille Cour 63, 1402 NivellesManufacture of metal structures and parts of structures

since 20192.291.366.167

3 parcels

Wallonia 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25099D0060/00G000	Wallonia	1.7 ha	1 · 216 m²	13.5 m · 3 fl.
51472B0435/00A000	Wallonia	3,748 m²	1 · 269 m²	-
51472A0240/00C000indicative	Wallonia	1,281 m²	1 · 154 m²	6.8 m · 2 fl.