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NEWPORT PROJECTS

Active
Private limited companyfounded 20197 yrs activeGuido Gezelleplein 1, 8620 Nieuwpoort, BelgiumKBO/BCE: BE 0723.426.097
Summary

The computed 12-month bankruptcy probability of NEWPORT PROJECTS is 4.2% (elevated). The 2024 annual accounts show equity of €46,633 and a net result of €79,142. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 19387 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€616,766total assets 2024
Equity
€46,633
Profit
€79,142
Turnover not published (abridged schema)
Financial health
48 Fair Checked score 2024
Bankruptcy chance 12 m
4.2%
Structure
Accounts 67 d overdue0 of 2 deeds read
Why 48- Liquidity: current ratio 0.27- Figures for FY 2024 (filed 02-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 late+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 46% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 33+12
equity 7.6% of total assets
Liquidity 0=
short-term debt 92.4%
Profitability 71+54
return on assets 12.8%
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,530 companies)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● 0.0% vs 11-2024 01-2025: 1.3%● 0.0% vs 12-2024 02-2025: 1.3%▲ +1.1% vs 01-2025 03-2025: 1.3%▲ +0.8% vs 02-2025 04-2025: 1.3%● 0.0% vs 03-2025 05-2025: 1.3%▼ -2.8% vs 04-2025lowest value 06-2025: 1.3%▲ +2.3% vs 05-2025 07-2025: 1.4%▲ +5.0% vs 06-2025 08-2025: 1.8%▲ +31.3% vs 07-2025 09-2025: 2.1%▲ +15.3% vs 08-2025 10-2025: 3.0%▲ +43.1% vs 09-2025 11-2025: 1.8%▼ -40.7% vs 10-2025 12-2025: 1.8%● 0.0% vs 11-2025 01-2026: 1.8%● 0.0% vs 12-2025 02-2026: 1.8%▲ +1.2% vs 01-2026 03-2026: 1.8%● 0.0% vs 02-2026 04-2026: 1.8%▼ -2.1% vs 03-2026 05-2026: 1.8%▼ -0.7% vs 04-2026 06-2026: 1.7%▼ -4.4% vs 05-2026 07-2026: 1.6%▼ -5.0% vs 06-2026 08-2026: 2.2%▲ +37.3% vs 07-2026 09-2026: 2.7%▲ +21.7% vs 08-2026 10-2026: 4.2%▲ +57.6% vs 09-2026highest value
  • Liquidity: current ratio 0.27 raises the probability
  • Figures for FY 2024 (filed 02-10-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 late raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
Credit up to €2,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.27 against 0.06 in 2023; short-term debt: 92.4% of total assets), and 92.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 28%, liquidity 0%, profitability 60%, growth against the median 96%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.27
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 02-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
30 d late
2021
2 d early
2020
31 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 30 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €79,142
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Back in profit in 2024after -€34,929 in 2023 €79,142 View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Positive: Among the best 11% on net resultsector median €4,430 · 19,373 companies €79,142 View

By topic

Financials

Fiscal year
2024
Total assets
€616,766
Profit
€79,142
Solvency
7.6%
Total assets▼ 24.5%
Net result
20202024
Go to Financials

Timeline

Events
9
Since
2021
  1. 29-09-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
21-03-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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