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Complete company report
Generated 19-08-2026
Active BE 0648.847.648Private limited company

NEWBEL

Paul Deschanellaan 183 ·1030 Schaarbeek, Belgium· 10 yrs active
Sector: Algemene elektrotechnische installatiewerken (43211)
Conclusion Checked

The file of NEWBEL contains 1 judicial reorganisation, as published in the Belgian State Gazette. The KBO register records legal situation 091 for NEWBEL (Register: special situation); this is today's state according to the register itself, which carries no start date. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show equity of €469k and a net result of €42k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 68% of 2905 sector peers (fiscal year 2025).

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €469k
Net result €42k
Staff (FTE) 22.4
Better than sector 68%
Financial profile 5 of 5 axes measured · computed by Checked
Health74Profitability45Solvency98Growth52Stability30
60 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 74
Profitability 45
Solvency 98
Growth 52
Stability 30
Bankruptcy probability (12 mo) Checked model v1 · free
≥ 25% High
0%0,5%1,5%4%10%≥25%
Judicial reorganisation on record +Recent warning signals +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
10 / 100
Elevated riskRegister: special situation
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 091 for this company; it does not feed the figure above.
Components
· 1 judicial reorganisation (+10)
Trust signals 2 signals
Register: special situation
The KBO register records legal situation 091 for this company. This is today's state according to the register itself; the register carries no start date.
In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2025 · computed
74 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 11-03-2026 with the NBB · fiscal year 2025 · micro
€0€100k€200k€300kOperating result 2021: €47k€47kNet result 2021: €273k€273kOperating result 2022: €71k€71kNet result 2022: €63k€63kOperating result 2023: €187k€187kNet result 2023: €46k€46kOperating result 2024: €51k€51kNet result 2024: €24k€24kOperating result 2025: €36k€36kNet result 2025: €42k€42k20212022202320242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 58.6% 43.4%
better than 68% of 2905 sector peers
Net result €42k €13k
better than 80% of 2904 sector peers
Equity €469k €44k
better than 95% of 2905 sector peers
Gross operating margin €1.41M €39k
better than 95% of 2902 sector peers
Staff costs €798k €30k
higher than 95% of 943 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€46k
-16.7% 19-25
Net profit
€42k
+79.3% 19-25
Cash flow
€53k
+84.2% 19-25
Total assets
€800k
-5.3% 19-25
Equity
€469k
+9.9% 19-25
Working capital
€450k
+8.6% 19-25
Employees (FTE)
22
+9.3% 19-25
Staff costs
€798k
+5.2% 19-25
Show 10 other metrics
Income taxes
€13k
+25.3% 19-25
Debt
€331k
-20.8% 19-25
Debt ≤ 1y
€331k
-20.8% 19-25
Current ratio
2.36
+18.5% 19-25
Quick ratio
2.36
+18.5% 19-25
Solvency
58.6%
+16.1% 19-25
Debt / equity
0.71
-28.0% 19-25
ROE
9.0%
+63.1% 19-25
ROA
5.3%
+89.4% 19-25
Interest coverage
4.59
+217.7% 19-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€46k
Net profit€42k
Cash flow€53k
Staff costs€798k
Income taxes€13k
Dividends-
Total assets€800k
Equity€469k
Debt€331k
of which ≤ 1y€331k
of which > 1y-
Working capital€450k
Employees (FTE)22.4
Ratios (computed)
2025
Current ratio2.36
Quick ratio2.36
Working capital ratio56.3%
Solvency58.6%
Debt / equity0.71
Long-term debt ratio-
Interest coverage4.59
Gross margin-
Net margin-
ROA5.3%
ROE9.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€800k
Fixed assets 21/28€19k
Intangible fixed assets 21€4k
Tangible fixed assets 22/27€12k
Financial fixed assets 28€2k
Current assets 29/58€781k
Amounts receivable within one year 40/41€775k
Cash & bank 54/58€69
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€800k
Equity 10/15€469k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€448k
Amounts payable 17/49€331k
Amounts payable within one year 42/48€331k
Trade debts payable within one year 44€17k
Income statement
Gross operating margin 9900€1.41M
Operating result 9901€36k
Financial income 75€29k
Financial charges 65€10k
Result before taxes 9903€55k
Income taxes 67/77€13k
Net result for the period 9904€42k
Result to be appropriated 9905€42k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • YILMAZ Yusuf
    Managing director
    State Gazette act 16152353 (07-11-2016)
    Not recently confirmed
    last confirmed in an act from 2016
Former directors (1)
  • KAYA Ilhan
    Managing director
    State Gazette act 16152353 (07-11-2016)
    Former
    - → 07-11-2016
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Algemene elektrotechnische installatiewerken(43211)
Legal form Private limited company(610)
Incorporation22-02-2016
StatusActive
Postal code1030
First BS signal 02-06-2026
Latest BS signal 02-06-2026
Establishment units 1 location
NEWBEL
Paul Deschanellaan 183, 1030 SchaarbeekBouw van civieltechnische werken voor elektriciteit en telecommunicatie
since 20162.250.932.015
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21906D0118/00H013 Brussels 251 m² 1 · 245 m² 29.2 m · 6 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
02-06-2026
Judicial reorganisation Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif_pme · event 26-05-2026
11-03-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
16-12-2025
State Gazette act Registered-office change
v3.2
30-01-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
31-01-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
21-11-2022
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2021
02-12-2021
NBB filing Annual accounts filed
fiscal year 2021 · micro
2020
15-12-2020
NBB filing Annual accounts filed
fiscal year 2020 · micro
23-11-2020
State Gazette act Director changes
v3.2
2019
31-12-2019
NBB filing Annual accounts filed
fiscal year 2019 · micro
2018
31-12-2018
NBB filing Annual accounts filed
fiscal year 2018 · micro
2017
22-12-2017
NBB filing Annual accounts filed
fiscal year 2017 · micro
2016
07-11-2016
State Gazette act Capital & shares
v3.2
02-03-2016
State Gazette act Incorporation
oprichting
Lifecycle & Insolvency Signals1 events
02-06-2026
Judicial reorganisation Opening
Date: 26-05-2026 · Tribunal de l’entreprise francophone de Bruxelles · collectif_pme · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-06-02 · Judicial reorganisation · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 4 acts read

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.

Belgisch Staatsblad, acts 4 acts
Capital history · 1
07-11-2016
v3.2
Address history · 1
16-12-2025
v3.2
All acts · 4 updated 8 months ago
2025
16-12-2025 Registered office moved from JETTE to SCHAERBEK Registered-office change
  • Rue des Augustines 68, 1090 JETTE → Avenue Paul Deschanel 183, 1030 SCHAERBEK
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "SCHAERBEK",
        "region": "Brussels",
        "street": "Avenue Paul Deschanel",
        "country": "BE",
        "postcode": "1030",
        "box_number": null,
        "street_number": "183"
      },
      "old_address": {
        "city": "JETTE",
        "region": "Brussels",
        "street": "Rue des Augustines",
        "country": "BE",
        "postcode": "1090",
        "box_number": "A",
        "street_number": "68"
      },
      "effective_date": "2025-01-01",
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de transf\u00E9rer l\u0027adresse du si\u00E8ge social \u00E0 Avenue Paul Deschanel, 183 -1030 SCHAERBEK, \u00E0 dater 1 janvier 2025."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0648.847.648",
    "name_full": "NEWBEL",
    "legal_form": "SRL"
  }
}
2020
23-11-2020 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0648.847.648",
    "name_full": "NEWBEL",
    "legal_form": "SPRL"
  }
}
2016
07-11-2016 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0648.847.648",
    "name_full": "NEWBEL",
    "legal_form": "SPRL"
  }
}
02-03-2016 Incorporation of a new SRL Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1020 Bruxelles, avenue de l\u0027Araucaria 143/6",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "1969-01-14",
        "name": "KAYA Ilhan",
        "niss": null,
        "address": "1020 Bruxelles, Avenue de l\u0027Araucaria 143/b006"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 1000,
      "holder_person_name": "KAYA Ilhan",
      "is_subscriber_only": false,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 1000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 1000,
  "subject_company": {
    "kbo": "0648.847.648",
    "name_full": "NEWBEL",
    "legal_form": "SRL"
  },
  "initial_directors": [],
  "incorporation_date": "2016-02-08",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Algemene elektrotechnische installatiewerken43211
Primary activity highlighted.
Names & trade names
Legal nameFR NEWBEL
Registered office
Paul Deschanellaan 183
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative