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NEWGEN

Active
Private limited company (pre-2019)founded 20188 yrs activeAlsembergsesteenweg 897, 1180 Ukkel, BelgiumKBO/BCE: BE 0693.761.618
Summary

The computed 12-month bankruptcy probability of NEWGEN is 2.2% (moderate). The 2025 annual accounts show equity of €46,898 and a net result of €1,550. Equity is growing by ~3.4% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability73▲+20
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
short-term debt: 0.2% and cash: 0% of total assets, and 0.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.8%
Return on assets
3.3%
Age of the figures
15 mo
raises risk · 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
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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 · 6 filings
Deviation from the deadline
2025
27 d late
2024
10 d early
2023
19 d early
2021
23 d late
2020
23 d late
2019
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 12 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 23 February (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
neutral · 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

History

NEWGEN was incorporated on 29 March 2018.1 The board currently has 2 members; Alves Santos E Silva Nuno Filipe has served longest, since 2026.2 Total assets went from EUR 48,409 in 2019 to EUR 47,006 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 28-07-2026
  3. 3National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,550
2024 · -€687
Working capital
€46,808▲ 4.8%
2024 · €44,670
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
Line20202021202320242025
Operating result€19,563▲ 182%€11,670▼ 40.3%-€1,210--€434▲ 64.2%€1,554
Net result€16,858▲ 187%€9,581▼ 43.2%-€1,703--€687▲ 59.6%€1,550
Equity€41,336▲ 68.9%€50,917▲ 23.2%€46,036-€45,349▼ 1.5%€46,898▲ 3.4%
Total assets€53,368▲ 10.2%€66,239▲ 24.1%€50,686-€46,028▼ 9.2%€47,006▲ 2.1%
Debt€12,033▼ 49.7%€15,322▲ 27.3%€4,650-€679▼ 85.4%€108▼ 84.1%
Working capital€38,421▲ 62.5%€49,722▲ 29.4%€43,823-€44,670▲ 1.9%€46,808▲ 4.8%
Staff (FTE)4.8=
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2020: €19,563€19,563Net result 2020: €16,858€16,858Operating result 2021: €11,670€11,670Net result 2021: €9,581€9,581Operating result 2023: -€1,210-€1,210Net result 2023: -€1,703-€1,703Operating result 2024: -€434-€434Net result 2024: -€687-€687Operating result 2025: €1,554€1,554Net result 2025: €1,550€1,55020202021202320242025-€2,000-€1,000€0€1,000€2,000Operating result 2023: -€1,210-€1,210Net result 2023: -€1,703-€1,700Operating result 2024: -€434-€434Net result 2024: -€687-€687Operating result 2025: €1,554€1,550Net result 2025: €1,550€1,550202320242025
The operating result returns to profit in 2025: €1,554 after a loss of €434 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,006
Fixed assets €90 ▼ 86.7%
Current assets €46,916 ▲ 3.5%
Equity and liabilities €47,006
Equity €46,898 ▲ 3.4%
Debt €108 ▼ 84.1%
Debt's share of the balance-sheet total falls from 1.5% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,142▲
2024 · €1,101
Cash flow
€2,138▲
2024 · €848
Debt to equity
0.00▼
2024 · 0.01
ROE
3.3%▲
2024 · -1.5%
ROA
3.3%▲
2024 · -1.5%
Interest coverage
549.24▲
2024 · 4.34
Debt ≤ 1 year
€108▼
2024 · €679
A ratio outside any meaningful range has been withheld (balance sheet total €47,006, equity €46,898).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.2% went bankrupt
3.8% stopped otherwise
94% still going

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€46,028€47,006▲
Fixed assets21/28€678€90▼
Tangible fixed assets22/27€588-
Furniture and vehicles24€588-
Financial fixed assets28€90€90=
Current assets29/58€45,349€46,916▲
Amounts receivable within one year40/41€26,431€46,916▲
Trade receivables40€2,000-
Other amounts receivable41€24,431€46,916▲
Cash at bank and in hand54/58€18,918€0▼
Equity and liabilities
Total equity and liabilities10/49€46,028€47,006▲
Equity10/15€45,349€46,898▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€24,889€26,438▲
Amounts payable17/49€679€108▼
Amounts payable within one year42/48€679€108▼
Trade debts44€592€21▼
Suppliers440/4€592€21▼
Taxes, remuneration and social security45€87€87=
Taxes450/3€87€87=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,535€588▼
Other operating charges640/8€255-
Gross operating margin9900€1,357€2,142▲
Operating profit (loss)9901-€434€1,554▲
Financial charges65/66B€254€4▼
Recurring financial charges65€254€4▼
Profit (loss) for the period before taxes9903-€687€1,550▲
Profit (loss) for the period9904-€687€1,550▲
Profit (loss) for the period to be appropriated9905-€687€1,550▲
Appropriation of the result
Profit (loss) to be appropriated9906€24,889€26,438▲
Profit (loss) brought forward from the previous period14P€25,576€24,889▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€968€968€1,535€1,535€588▼ 61.7%
Other operating charges640/8--€167€255--
Gross operating margin9900€71,203€14,227€492€1,357€2,142▲ 57.9%
Operating profit (loss)9901€19,563€11,670-€1,210-€434€1,554▲ 458%
Financial charges65/66B--€493€254€4▼ 98.5%
Recurring financial charges65€1,411€285€493€254€4▼ 98.5%
Profit (loss) for the period before taxes9903€18,152€11,386-€1,703-€687€1,550▲ 325%
Income taxes67/77€1,294€1,804----
Profit (loss) for the period9904€16,858€9,581-€1,703-€687€1,550▲ 325%
Profit (loss) for the period to be appropriated9905€16,858€9,581-€1,703-€687€1,550▲ 325%
Line20202021202320242025Change
Assets
Total assets20/58€53,368€66,239€50,686€46,028€47,006▲ 2.1%
Formation expenses20€751-----
Fixed assets21/28€2,164€1,195€2,213€678€90▼ 86.7%
Tangible fixed assets22/27€2,074€1,105€2,123€588--
Furniture and vehicles24--€2,123€588--
Financial fixed assets28€90€90€90€90€90=
Current assets29/58€50,454€65,044€48,472€45,349€46,916▲ 3.5%
Stocks and contracts in progress3€1,345-----
Amounts receivable within one year40/41€15,978€2,650€29,554€26,431€46,916▲ 77.5%
Trade receivables40--€2,000€2,000--
Other amounts receivable41--€27,554€24,431€46,916▲ 92.0%
Cash at bank and in hand54/58€33,096€62,395€18,918€18,918€0▼ 100.0%
Equity and liabilities
Total equity and liabilities10/49€53,368€66,239€50,686€46,028€47,006▲ 2.1%
Equity10/15€41,336€50,917€46,036€45,349€46,898▲ 3.4%
Contributions10/11€18,600-€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Profit (loss) carried forward14€20,876€30,457€25,576€24,889€26,438▲ 6.2%
Amounts payable17/49€12,033€15,322€4,650€679€108▼ 84.1%
Amounts payable within one year42/48€12,033€15,322€4,650€679€108▼ 84.1%
Financial debts43--€5---
Credit institutions430/8--€5---
Trade debts44-€2,496€592€592€21▼ 96.5%
Suppliers440/4--€592€592€21▼ 96.5%
Taxes, remuneration and social security45--€4,053€87€87=
Taxes450/3--€4,053€87€87=
Line20202021202320242025Change
Profit (loss) for the period9904€16,858€9,581-€1,703-€687€1,550▲ 325%
+ Depreciation and write-downs630€968€968€1,535€1,535€588▼ 61.7%
Operating cash flow (approximation)€17,827€10,550-€168€848€2,138▲ 152%
Investment in fixed assets (approximation)-€0-€0€0-
Change in cash-€29,299-€0-€18,918-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-07
State Gazette act Appointments: Alves Santos E Silva Nuno Filipe (director) and Said Aref Zokita (director)
Resignation: Wyns David (director) · Share transfer6 facts ▸
  • General meeting, 13-05-2026
  • Director appointment, Alves Santos E Silva Nuno Filipe (director)
  • Director appointment, Said Aref Zokita (director)
  • Director resignation, Wyns David (director)
  • Share transfer, Wyns David → Alves Santos E Silva Nuno Filipe
  • Share transfer, Wyns David → Said Aref Zokita
27-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-06
Financial Back to profitnet €1,550
Net result €1,550 after 2 loss-making years.
30-06
Financial Liquidity times 7current ratio 434.45
Current ratio from 66.80 to 434.45; short-term debt falls from €679 to €108.
21-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Liquidity times 6current ratio 66.80
Current ratio from 10.43 to 66.80; short-term debt falls from €4,650 to €679.
12-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Weakest financial yearnet -€1,703
Net result drops to -€1,703, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity doublescurrent ratio 10.43
Current ratio from 4.25 to 10.43; short-term debt falls from €15,322 to €4,650.
2022
23-02
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
23-02
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
30-06
Financial Highest result since 2019net €16,858 ▲187%
Operating result €19,563, net result €16,858, both a record.
30-06
Financial Liquidity doublescurrent ratio 4.19
Current ratio from 1.99 to 4.19; short-term debt falls from €23,932 to €12,033.
25-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2026
Alves Santos E Silva Nuno Filipe
Director · since 28-07-2026
Current
Said Aref Zokita
Director · since 28-07-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
547 m²
Building footprint
497 m²
Volume, LiDAR
4,253 m³
2 parcels, Brussels, Flanders · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
345 companies at this address See who is registered here
1 establishment unit
Divino
Heldenplein 4, 1930 ZaventemFull-service restaurants
since 20182.275.620.790
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21616A0121/00Y002 Brussels 347 m² 1 · 329 m² 17.1 m · 2 fl.
23094D0367/00C003 Flanders 200 m² 1 · 168 m² 11.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

3 people since 2026, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Alves Santos E Silva Nuno Filipe
  • Director, from 28-07-2026 to date
Said Aref Zokita
  • Director, from 28-07-2026 to date
Wyns David
  • Director, until 28-07-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Capital and shareholders

Shareholders according to the acts
Share transfer act of 28-07-2026 ↗
  • Wyns David to Alves Santos E Silva Nuno Filipe 50 shares
  • Wyns David to Said Aref Zokita 50 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded29-03-2018
Fiscal year end30-06
Contact
Phone 02/397.03.11Zaventem
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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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.