Newtec Water Systems
ActiveSummary
The computed 12-month bankruptcy probability of Newtec Water Systems is 1.8% (moderate). The 2025 annual accounts show negative equity (-€465,474) and a net result of €53,253. Equity has been shrinking by about 4.1% per year since 2018. Its solvency ranks better than 7% of 9,845 sector peers (NACE 46, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 19-10-2009 Normal situation
- Activity
- Wholesale of other machinery and equipment NACE 46649and 4 others
- Joint committee
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2025
- Establishment unit
- 2.183.051.910 2800 Mechelen, since 14-10-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2025
Board and ownership
- I-engineeringManaging director · permanent representative Esselens Dirk
- Newtec Umwelttechnik GmbHDirector · since 16-04-2021 · permanent representative Gao Yuan
- I-Engineering NVconsolidates· score 53annual accounts 2025
- Newtec Umwelttechnik GmbHconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.8%
- Gross margin
- €884,607
- ▲ 22.2%
- Turnover
- ≈ €4.5m
- estimated
- Profit
- €53,253
- ▲ 106%
- Equity
- -€465,474
- ▲ 10.3%
- Total assets
- €1.1m
- ▲ 11.6%
- Employees on 31-12-2025
- 9
- ▲ 12.5%
- Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€465,474Liquidity: current ratio 0.48, cash €3,223lowers riskFounded in 2009Profit of €53,253 (financial year 2025)Show the evidence
Checked score
About 2 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 46, micro). It does better than 6% of them on solvency, 3% on liquidity, 63% on profitability and 65% 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).
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Signals
The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Reappointment: I-engineering (director)Permanent representative: Esselens Dirk
- · Gazette deed Amendment of the articles
- · Gazette deed Reappointment: i-Engineering NV (afgevaardigd bestuurder)Permanent representative: Dirk Esselens
Comparable companies
These companies have the same main activity as Newtec Water Systems: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €873,000 and €1.5m, founded between 2006 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| Newtec Water Systems Mechelen | €1.1m | €0.9m |
| WEBER SECURITY Wommelgem | €1.1m | €0.7m |
| SMEBA FIRE Heist-op-den-Berg | €0.9m | €1.1m |
| HSR Belgium Antwerpen | €1.3m | €1.0m |
| PROFIT PROTECTION SERVICES Wijnegem | €1.5m | €0.7m |
| WOOD-YOU Roeselare | €1.5m | €0.9m |
| LEPAGE MOBILIERS Wavre | €1.5m | €0.7m |
Key facts about Newtec Water Systems
- What is the company number of Newtec Water Systems?
- The company number of Newtec Water Systems is 0819.828.360. The VAT number is the same number with BE in front: BE 0819.828.360.
- Where is Newtec Water Systems based?
- The registered office is at Zandvoortstraat 12, 2800 Mechelen.Company details
- What does Newtec Water Systems do?
- According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
- What is the legal form of Newtec Water Systems?
- The legal form of Newtec Water Systems is Public limited company (NV).
- When was Newtec Water Systems founded?
- Newtec Water Systems was founded on 19-10-2009.
- Is Newtec Water Systems still active?
- Yes, Newtec Water Systems is an active enterprise in the KBO register.
- How many employees does Newtec Water Systems have?
- Newtec Water Systems had an average of 8.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Newtec Water Systems fall under?
- In its 2025 annual accounts, Newtec Water Systems states joint committee 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
- What is the turnover of Newtec Water Systems?
- The turnover in financial year 2025 is ≈ €4.5m. This figure is estimated from the gross margin of €884,607 and 138 comparable companies (NACE 46). It probably lies between €2.9m and €7.6m.
- Is Newtec Water Systems profitable?
- In financial year 2025, Newtec Water Systems made a profit of €53,253.
- Where can I find the annual accounts of Newtec Water Systems?
- Newtec Water Systems filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Newtec Water Systems due?
- Newtec Water Systems must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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