NEW VISION AB

Active

Private limited companyfounded 20206 yrs activeThéodore Verhaegenstraat 196, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0741.508.679

The computed 12-month bankruptcy probability of NEW VISION AB is 5.5% (elevated). The 2024 annual accounts show equity of €15k and a net result of €-3k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 36377 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

60 / 100

Healthy▼ -16 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-57

Solvency62▲+19

Growth32=

Stability100

Bankruptcy probability, 12 months

5.5% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 1.51 against 1.3 in 2023), but 67.7% 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

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

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 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

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

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

32.3%

Return on assets

-7.3%

Age of the figures

20 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-05-2026, 291 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

291 d late

2023

148 d late

2022

102 d late

2021

190 d late

2020

152 d late

← before the deadline after the 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 2024, micro schema

Turnover

€35k

EBIT margin

40.2%

Net result

€-3k

2023 · €2k

2020: €15k 2021: €-6k 2022: €479 2023: €2k

2020 → 2024

Working capital

€11k▼ 13.1%

2023 · €13k

2020: €18k 2021: €16k 2022: €9k 2023: €13k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€35k-

Equity€21k-€16k▼ 26.8%€16k▲ 3.1%€18k▲ 12.8%€15k▼ 18.5%

Operating result€14k-€-6k€4k€3k▼ 27.1%€-2k

Net result€15k-€-6k€479€2k▲ 332%€-3k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €2k after €3k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €46k

30.0%

70.0%

Fixed assets €14k▼ 30.0%

Current assets €32k▼ 41.4%

Equity and liabilities €46k

32.3%

67.7%

Equity €15k▼ 18.5%

Debt €31k▼ 44.8%

The debt ratio falls from 75.6% to 67.7%: debt falls faster than equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€4k▼

2023 · €9k

Cash flow

€3k▼

2023 · €8k

Solvency

32.3%▲

2023 · 24.4%

Current ratio

1.51▲

2023 · 1.30

Quick ratio

1.51▲

2023 · 1.30

Debt / equity

2.10▼

2023 · 3.09

ROE

-22.6%▼

2023 · 11.4%

ROA

-7.3%▼

2023 · 2.8%

Interest coverage

4.79▼

2023 · 7.75

Debt

€31k▼

2023 · €56k

Debt ≤ 1 year

€21k▼

2023 · €42k

Debt > 1 year

€10k▼

2023 · €14k

Income taxes

€872

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€75k€46k▼

Fixed assets21/28€20k€14k▼

Tangible fixed assets22/27€20k€14k▼

Leasing and similar rights25€20k€14k▼

Current assets29/58€55k€32k▼

Amounts receivable within one year40/41€47k€29k▼

Trade receivables40€37k€16k▼

Other amounts receivable41€10k€13k▲

Cash at bank and in hand54/58€8k€3k▼

Equity and liabilities

Total equity and liabilities10/49€75k€46k▼

Equity10/15€18k€15k▼

Contributions10/11€7k€7k=

Profit (loss) carried forward14€12k€8k▼

Amounts payable17/49€56k€31k▼

Amounts payable after more than one year17€14k€10k▼

Financial debts170/4€14k€10k▼

Amounts payable within one year42/48€42k€21k▼

Current portion of amounts payable after more than one year42€4k€4k▲

Trade debts44€30k€9k▼

Suppliers440/4€30k€9k▼

Other amounts payable47/48€8k€8k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=

Other operating charges640/8€1k€723▼

Gross operating margin9900€10k€5k▼

Operating profit (loss)9901€3k€-2k▼

Financial charges65/66B€1k€901▼

Recurring financial charges65€1k€901▼

Profit (loss) for the period before taxes9903€2k€-2k▼

Income taxes67/77-€872

Profit (loss) for the period9904€2k€-3k▼

Profit (loss) for the period to be appropriated9905€2k€-3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€12k€8k▼

Profit (loss) brought forward from the previous period14P€10k€12k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2026

18-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 291 days late

2024

26-12

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 148 days late

2023

10-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 102 days late

06-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 190 days late

2022

31-12

Financial Back to profitnet €479

Net result €479 after one loss-making year.

2021

31-12

Financial Weakest financial yearnet €-6k ▼138%

Net result drops to €-6k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity times 38current ratio 230.74

Current ratio from 6.12 to 230.74; short-term debt falls from €4k to €68.

30-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 152 days late

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

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

24-04-2026 Resigned as Director

Location & real-estate footprint

Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2020

establishment The establishment unit 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.

Théodore Verhaegenstraat 1961060 Sint-Gillis (bij-Brussel)

Ground area

1,003 m²

Building footprint

562 m²

Volume, LiDAR