Newmo Westerlo
ActiveSummary
Newmo Westerlo has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €264,863 and a net result of -€153,787. Equity has been growing by about 30% per year since 2018. Its solvency ranks better than 28% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Official details
Source: KBO- Status
- Active since 28-10-1998 Normal situation
- Registered office
- 10 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 1 other
- Establishment unit
- 2.145.705.227 2940 Stabroek, since 13-02-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 08-06-2026
Board and ownership
- Eric ElecteurManaging director
- Saskia AertssenDirector · since 13-05-2026
- AERTSSEN Gregorius Julia Maria JozefDirector
- Auditor
- DELOITTE Bedrijfsrevisoren BV
- AERTSSEN GROUP100%· score 932025 annual accounts of AERTSSEN GROUP
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.4%
- Gross margin
- -€4,670
- Loss
- €153,787
- Equity
- €264,863
- ▼ 36.7%
- Total assets
- €1.8m
- ▼ 6.3%
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.031 change of registered office in 24 monthsLoss of €153,787 (financial year 2025)lowers riskSize: total assets €1.8mShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 35% of them on solvency, 21% on liquidity, 12% on profitability and 15% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved within StabroekResignations: Wesenbeek Walter, Aertssen Gregorius and Deloitte Bedrijfsrevisoren BV · Appointments: Saskia Aertssen (director) and Eric Electeur (director)
- · Gazette deed Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Ben Vandeweyer
- · Gazette deed Company renamed from ADM TEAM HEAVY WEIGHT to Newmo WesterloCapital increase of €340,000 to €500,000 · Resignations: AERTSSEN Gregorius Julia Maria Jozef, AERTSSEN Luc Franciscus Lucia Maria and 2 others · Reappointments: AERTSSEN Gregorius Julia Maria Jozef (director) and WESENBEEK Walter Albert (director)
Comparable companies
These companies have the same main activity as Newmo Westerlo: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €990,000 and €3m, founded between 1972 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| Newmo Westerlo Stabroek | €1.8m | -€0.005m |
| Van Mossel Servayge Zwevegem | €1.6m | -€0.03m |
| Dathan Antwerpen | €1.0m | -€0.002m |
| BHIMO Diksmuide | €1.0m | €343 |
| Sigoma Brugge | €1.6m | €0.001m |
| PASQUIER IMMO Tournai | €3.0m | -€0.007m |
| D2H Comines-Warneton | €2.0m | -€0.05m |
Key facts about Newmo Westerlo
- What is the company number of Newmo Westerlo?
- The company number of Newmo Westerlo is 0464.406.801. The VAT number is the same number with BE in front: BE 0464.406.801.
- Where is Newmo Westerlo based?
- The registered office is at Oud Broek 12, 2940 Stabroek.Company details
- What does Newmo Westerlo do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Newmo Westerlo?
- The legal form of Newmo Westerlo is Public limited company (NV).
- When was Newmo Westerlo founded?
- Newmo Westerlo was founded on 28-10-1998.
- Is Newmo Westerlo still active?
- Yes, Newmo Westerlo is an active enterprise in the KBO register.
- How many employees does Newmo Westerlo have?
- Newmo Westerlo had an average of 10.3 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of Newmo Westerlo?
- The annual accounts for financial year 2025 state no turnover.
- Is Newmo Westerlo profitable?
- In financial year 2025, Newmo Westerlo made a loss of €153,787.
- Where can I find the annual accounts of Newmo Westerlo?
- Newmo Westerlo filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Newmo Westerlo due?
- Newmo Westerlo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.