Skip to content
Checked.be
Complete company report
Generated 27-07-2026
Active BE 0748.831.585Public limited company

NEWICON

Vredestraat 53 ·8790 Waregem, Belgium· 6 yrs active
Sector: Real estate activities (68121)
Conclusion Checked

The computed 12-month bankruptcy probability of NEWICON is 0.5% (very low). The 2025 annual accounts show equity of €318k and a net result of €147k. Equity is growing by ~66.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 200 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €318k
Net result €147k
Better than sector 37%
Active 6 yrs
Snowflake analysis 5 axes · computed by Checked
Health60Profitability100Solvency25Growth78Stability100
73 / 100

Strong profile, led by profitability.

Health 60
Profitability 100
Solvency 25
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Very low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

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

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
60 / 100 Healthy
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 03-06-2026 with the NBB · fiscal year 2025 · volledig
€-5.00M€0€5.00M€10.00M€15.00M€20.00MOperating result 2021: €-5k€-5kNet result 2021: €-5k€-5kOperating result 2022: €5k€5kNet result 2022: €-3k€-3kOperating result 2023: €6k€6kNet result 2023: €-4k€-4kRevenue 2024: €17.77M€17.77MOperating result 2024: €6.11M€6.11MNet result 2024: €4.54M€4.54MRevenue 2025: €0€0Operating result 2025: €108k€108kNet result 2025: €147k€147k20212022202320242025
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~66.3%/year over 5 fiscal years, indicative, assuming unchanged policy.
€0€500k€1.00M€1.50M2026: €474k (€439k - €508k)2027: €787k (€733k - €842k)2028: €1.31M (€1.23M - €1.38M)2021: €56k2022: €53k2023: €49k2024: €171k2025: €318k20212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 14.8% 28.9%
better than 37% of 200 sector peers
Net result €147k €9k
better than 77% of 199 sector peers
Equity €318k €456k
better than 44% of 200 sector peers
Total assets €2.14M €2.45M
better than 47% of 200 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€0
-100.0% 21-25
EBITDA
€5k
- far above sector median
Net profit
€147k
-96.8% far above sector median
Cash flow
€-3k
+12.0% +34% vs sector
Total assets
€2.14M
-45.9% +33% vs sector
Equity
€318k
+85.7% -57% vs sector
Working capital
€318k
+85.7% +31% vs sector
Income taxes
€53k
-96.9% far above sector median
Dividends
€0
-100.0% 21-25
Debt
€1.82M
-51.8% +145% vs sector
Debt ≤ 1y
€1.82M
-51.8% far above sector median
Debt > 1y
€0
-100.0% -100% vs sector
Current ratio
1.17
+12.4% +81% vs sector
Quick ratio
1.17
+12.4% far above sector median
Solvency
14.8%
+243.2% -73% vs sector
Debt / equity
5.73
-74.1% far above sector median
ROE
46.1%
-98.3% far above sector median
ROA
6.9%
-94.0% +17% vs sector
Net margin
25.6%
- 21-25
Interest coverage
0.64
- +241% vs sector
Figures by fiscal year
Fiscal year2025
Revenue€0
EBITDA-
Net profit€147k
Cash flow-
Staff costs-
Income taxes€53k
Dividends€0
Total assets€2.14M
Equity€318k
Debt€1.82M
of which ≤ 1y€1.82M
of which > 1y-
Working capital€318k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.17
Quick ratio1.17
Working capital ratio14.8%
Solvency14.8%
Debt / equity5.73
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA6.9%
ROE46.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€2.14M
Current assets 29/58€2.14M
Stocks & contracts in progress 3€0
Amounts receivable within one year 40/41€1.91M
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.14M
Equity 10/15€318k
Contributions / capital 10/11€62k
Reserves 13€6k
Accumulated profits (losses) 14€250k
Amounts payable 17/49€1.82M
Amounts payable within one year 42/48€1.82M
Trade debts payable within one year 44€69k
Income statement
Turnover 70€0
Operating result 9901€108k
Financial income 75€93k
Financial charges 65€1k
Result before taxes 9903€200k
Income taxes 67/77€53k
Net result for the period 9904€147k
Result to be appropriated 9905€147k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Real estate activities(68121)
Legal form Public limited company(014)
Incorporation22-06-2020
StatusActive
Postal code8790
Establishment units 1 location
Vredestraat 53, 8790 Waregem
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
since 20202.305.867.568
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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34452B1150/00A000 Flanders 1.1 ha 1 · 581 m² 5.1 m
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 7 events

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

2026
03-06-2026
NBB filing Annual accounts filed
fiscal year 2025 · volledig
2025
03-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
01-08-2024
State Gazette act Director changes
28-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
09-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
30-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
10-06-2022
State Gazette act Director changes
20327954 · correction
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 1 year ago
2024
01-08-2024 4 directors appointed Director changes
  • EY Bedrijfsrevisoren, Commissaris
  • Griet T'Jollyn, Dagelijks bestuur
  • Hanne Dekeukeleire, Dagelijks bestuur
  • Yasmine Peirs, Dagelijks bestuur
Technical details 
{
  "events": [
    {
      "kind": "commissaris_in",
      "role": "commissaris",
      "person": null,
      "reason": null,
      "subkind": "renewal",
      "via_org": {
        "kbo": "0446.334.711",
        "name": "EY Bedrijfsrevisoren",
        "address": "1831 Machelen, Kouterveldstraat 7 B bus 1",
        "country": "BE",
        "legal_form": null
      },
      "statutory": null,
      "compensated": true,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering stelt aan als commissaris van de vennootschap de besloten vennootschap \u0022EY Bedrijfsrevisoren\u0022",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2027"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Griet T\u0027Jollyn",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering beslist met eenparigheid van stemmen om een bijzondere volmacht te verlenen aan mevrouw Griet T\u0027Jollyn",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Hanne Dekeukeleire",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering beslist met eenparigheid van stemmen om een bijzondere volmacht te verlenen aan mevrouw Griet T\u0027Jollyn",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": {
        "rrn": null,
        "name": "Yasmine Peirs",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering beslist met eenparigheid van stemmen om een bijzondere volmacht te verlenen aan mevrouw Griet T\u0027Jollyn",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-08-01",
    "filing_date": "2024-07-02",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-05-31",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0748.831.585",
    "name_full": "NEWICON",
    "legal_form": "naamloze vennootschap"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2022
10-06-2022 Ernst & Young Bedrijfsrevisoren reappointed as statutory auditor Director changescorrection
  • Ernst & Young Bedrijfsrevisoren, Commissaris
Summary: 20327954
Technical details 
{
  "events": [
    {
      "kind": "commissaris_renew",
      "role": "commissaris",
      "person": null,
      "reason": null,
      "subkind": "renewal",
      "via_org": {
        "kbo": "0446.334.711",
        "name": "Ernst \u0026 Young Bedrijfsrevisoren",
        "address": "1831 Diegem, De Kleetlaan 2",
        "country": "BE",
        "legal_form": "BS"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Werd benoemd tot commissaris de besloten vennootschap \u0022Ernst \u0026 Young Bedrijfsrevisoren\u0022",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "3"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": "0446.334.711",
        "name": "Ernst \u0026 Young Bedrijfsrevisoren",
        "address": "1831 Diegem, De Kleetlaan 2",
        "country": "BE",
        "legal_form": "BS"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De publicatie van 22 juni 2020 met nummer \u002220327954\u0022 van de oprichtingsakte de dato 22 juni 2020, dient als volgt te worden rechtgezet:",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": "0635.504.606",
        "name": "WIM VAN GASSE",
        "address": "8400 Oostende, Distellaan 84",
        "country": "BE",
        "legal_form": "BS"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "vertegenwoordigd door de besloten vennootschap \u0022WIM VAN GASSE\u0022",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "vaste_vertegenwoordiger",
      "person": {
        "rrn": null,
        "name": "Wim Van Gasse",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "statutair",
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "vast vertegenwoordigd door de heer Wim Van Gasse",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Kelly PATTYN",
        "address": "8790 Waregem, Vredestraat 53",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De algemene vergadering beslist om een bijzondere volmacht te verlenen aan mevrouw Kelly PATTYN",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Hannah DE PAERMENTIER",
        "address": "8790 Waregem, Vredestraat 53",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "en aan mevrouw Hannah DE PAERMENTIER, die te dien eind keuze woonplaats doen te 8790 Waregem.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2022-06-01",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-05-25",
      "unanimous": true
    }
  ],
  "is_correction": true,
  "subject_company": {
    "kbo": "0748.831.585",
    "name_full": "Newicon",
    "legal_form": "naamloze vennootschap"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": "20327954"
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121
Primary activity highlighted.
Names & trade names
Legal nameNL NEWICON
Registered office
Vredestraat 53
8790 Waregem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
L'île Adam BE 0422.550.905 · Gent
IMMO WALL BE 0417.716.939 · La Louvière
REDIRACK BE 0428.461.371 · Antwerpen
LECOMTE L.R.J. BE 0407.715.843 · La Louvière
WEMA BE 0434.321.854 · Oosterzele
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative