NewGov
ActiveSummary
NewGov has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,674 and a net result of €1,907. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 7859 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+29
Solvency74▼-1
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.63 in 2024; short-term debt: 51.2% and cash: 40.6% of total assets), and 51.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 5 filingsDeviation from the deadline
2025
29 d late
2024
6 d early
2023
21 d late
2022
29 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · 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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€11,674▲ 19.5%
2024 · €9,767
Total assets
€23,924▲ 23.4%
2024 · €19,385
Net result
€1,907
2024 · -€2,895
Working capital
-€1,703▲ 51.6%
2024 · -€3,518
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€18,230-€2,195▼ 88.0%€7,315▲ 233%-€2,677€2,030
Net result€14,287within the sector's middle half-€1,378within the sector's middle half▼ 90.4%€5,297within the sector's middle half▲ 284%-€2,895below the sector's middle half€1,907within the sector's middle half
Equity€5,987below the sector's middle half-€7,365below the sector's middle half▲ 23.0%€12,662below the sector's middle half▲ 71.9%€9,767below the sector's middle half▼ 22.9%€11,674below the sector's middle half▲ 19.5%
Total assets€22,498below the sector's middle half-€32,616below the sector's middle half▲ 45.0%€29,897below the sector's middle half▼ 8.3%€19,385below the sector's middle half▼ 35.2%€23,924below the sector's middle half▲ 23.4%
Debt€16,511-€25,251▲ 52.9%€17,235▼ 31.7%€9,618▼ 44.2%€12,250▲ 27.4%
Working capital€1,970within the sector's middle half--€4,520within the sector's middle half-€2,269within the sector's middle half▲ 49.8%-€3,518within the sector's middle half▼ 55.0%-€1,703within the sector's middle half▲ 51.6%
Solvency26.6%within the sector's middle half-22.6%within the sector's middle half▼ 4.0pp42.4%within the sector's middle half▲ 19.8pp50.4%within the sector's middle half▲ 8.0pp48.8%within the sector's middle half▼ 1.6pp
Current ratio1.12within the sector's middle half-0.82below the sector's middle half▼ 0.300.87below the sector's middle half▲ 0.050.63below the sector's middle half▼ 0.230.86below the sector's middle half▲ 0.23
Return on assets (ROA)63.5%above the sector's middle half-4.2%within the sector's middle half▼ 59.3pp17.7%within the sector's middle half▲ 13.5pp-14.9%below the sector's middle half▼ 32.7pp8.0%within the sector's middle half▲ 22.9pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2,030 after a loss of €2,677 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23,924
Fixed assets
€13,377 ▲ 0.7%
Current assets
€10,547 ▲ 72.9%
Equity and liabilities €23,924
Equity
€11,674 ▲ 19.5%
Debt
€12,250 ▲ 27.4%
Debt's share of the balance-sheet total rises from 49.6% to 51.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,629▲
2024 · €2,316
Cash flow
€7,506▲
2024 · €2,098
Debt to equity
1.05▲
2024 · 0.98
ROE
16.3%▲
2024 · -29.6%
Interest coverage
82.03▲
2024 · 25.73
Debt ≤ 1 year
€12,250▲
2024 · €9,618
Income taxes
€30▼
2024 · €128
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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%.
| 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €117,132 | €114,706 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,560 | €3,143 | €5,127 | €4,993 | €5,599 | ▲ 12.1% |
| Other operating charges640/8 | €826 | €795 | €1,202 | €1,456 | €981 | ▼ 32.6% |
| Gross operating margin9900 | €26,616 | €6,133 | €13,644 | €3,772 | €8,610 | ▲ 128% |
| Operating profit (loss)9901 | €18,230 | €2,195 | €7,315 | -€2,677 | €2,030 | ▲ 176% |
| Financial charges65/66B | - | €91 | €89 | €90 | €93 | ▲ 3.3% |
| Recurring financial charges65 | - | €91 | €89 | €90 | €93 | ▲ 3.3% |
| Profit (loss) for the period before taxes9903 | €18,230 | €2,104 | €7,226 | -€2,767 | €1,937 | ▲ 170% |
| Income taxes67/77 | €3,943 | €726 | €1,929 | €128 | €30 | ▼ 76.6% |
| Profit (loss) for the period9904 | €14,287 | €1,378 | €5,297 | -€2,895 | €1,907 | ▲ 166% |
| Profit (loss) for the period to be appropriated9905 | €14,287 | €1,378 | €5,297 | -€2,895 | €1,907 | ▲ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,498 | €32,616 | €29,897 | €19,385 | €23,924 | ▲ 23.4% |
| Fixed assets21/28 | €4,017 | €11,885 | €14,931 | €13,285 | €13,377 | ▲ 0.7% |
| Tangible fixed assets22/27 | €4,017 | €11,785 | €14,831 | €13,185 | €13,277 | ▲ 0.7% |
| Land and buildings22 | €1,517 | €9,554 | - | - | - | - |
| Plant, machinery and equipment23 | - | €981 | €9,263 | €8,832 | €10,139 | ▲ 14.8% |
| Furniture and vehicles24 | €2,500 | €1,250 | €5,568 | €4,353 | €3,138 | ▼ 27.9% |
| Financial fixed assets28 | - | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €18,481 | €20,731 | €14,966 | €6,100 | €10,547 | ▲ 72.9% |
| Amounts receivable within one year40/41 | €4,741 | €4,753 | €1,854 | €672 | €98 | ▼ 85.4% |
| Other amounts receivable41 | €4,741 | €4,753 | €1,854 | €672 | €98 | ▼ 85.4% |
| Cash at bank and in hand54/58 | €13,224 | €15,357 | €12,443 | €4,682 | €9,719 | ▲ 108% |
| Deferred charges and accrued income490/1 | €516 | €621 | €669 | €746 | €730 | ▼ 2.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,498 | €32,616 | €29,897 | €19,385 | €23,924 | ▲ 23.4% |
| Equity10/15 | €5,987 | €7,365 | €12,662 | €9,767 | €11,674 | ▲ 19.5% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €3,487 | €4,865 | €10,162 | €7,267 | €9,174 | ▲ 26.2% |
| Amounts payable17/49 | €16,511 | €25,251 | €17,235 | €9,618 | €12,250 | ▲ 27.4% |
| Amounts payable within one year42/48 | €16,511 | €25,251 | €17,235 | €9,618 | €12,250 | ▲ 27.4% |
| Financial debts43 | - | - | €1,527 | €1,422 | €2,443 | ▲ 71.8% |
| Credit institutions430/8 | - | - | €1,527 | €1,422 | €2,443 | ▲ 71.8% |
| Trade debts44 | €12,599 | €2,579 | €3,320 | €120 | €93 | ▼ 22.5% |
| Suppliers440/4 | €12,599 | €2,579 | €3,320 | €120 | €93 | ▼ 22.5% |
| Taxes, remuneration and social security45 | €333 | €7,683 | - | €3,242 | €970 | ▼ 70.1% |
| Taxes450/3 | - | - | - | €3,242 | €970 | ▼ 70.1% |
| Remuneration and social security454/9 | €333 | €7,683 | - | - | - | - |
| Other amounts payable47/48 | €3,579 | €14,989 | €12,388 | €4,834 | €8,744 | ▲ 80.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,287 | €1,378 | €5,297 | -€2,895 | €1,907 | ▲ 166% |
| + Depreciation and write-downs630 | €7,560 | €3,143 | €5,127 | €4,993 | €5,599 | ▲ 12.1% |
| Operating cash flow (approximation) | €21,847 | €4,521 | €10,424 | €2,098 | €7,506 | ▲ 258% |
| Investment in fixed assets (approximation) | - | -€11,011 | -€8,173 | -€3,347 | -€5,691 | ▼ 70.0% |
| Change in cash | - | €2,133 | -€2,914 | -€7,761 | €5,037 | ▲ 165% |
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
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Back to profitnet €1,907
Net result €1,907 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€2,895
Net result drops to -€2,895, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Genappe · 1 establishment unit since 2020
Ground area
303 m²
Building footprint
140 m²
Volume, LiDAR
1,222 m³
Parcel 25034D0274/00E000, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NewGov
since 20202.314.836.704
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25034D0274/00E000 | Wallonia | 303 m² | 1 · 140 m² | 10.5 m · 3 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.
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AZ TRANSERVICES
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Of 24,516 companies in sector 82990 we hold annual accounts for 9,420. 4,826 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759666485
Registered
21-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.