NEWTECH LL
ActiveSummary
NEWTECH LL has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55,719 and a net result of €25,786. Equity is growing by ~72.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 4343 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability51▼-49
Solvency37=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 1.08 in 2023; short-term debt: 88% and cash: 29.6% of total assets), and 88.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.6%
Return on assets
5.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 4343 sector peers (2024).
NBB · sector comparisonPosition among 4343 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-11-2025, 109 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
109 d late
2023
492 d late
2021
744 d late
2020
102 d late
2018
56 d late
2017
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 260 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€55,719▲ 86.1%
2023 · €29,934
Total assets
€479,906▲ 93.7%
2023 · €247,743
Net result
€25,786▼ 59.7%
2023 · €64,027
Working capital
€39,708▲ 144%
2023 · €16,253
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182020202120232024
Operating result€594-€5,180--€597€64,806-€25,746▼ 60.3%
Net result€311-€4,800--€2,831€64,027-€25,786▼ 59.7%
Equity€3,400-€4,471-€1,640▼ 63.3%€29,934-€55,719▲ 86.1%
Total assets€95,069-€227,958-€242,422▲ 6.3%€247,743-€479,906▲ 93.7%
Debt€91,668-€223,488-€240,782▲ 7.7%€217,809-€424,187▲ 94.8%
Working capital€455-€5,637-€3,314▼ 41.2%€16,253-€39,708▲ 144%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2024 Total assets +94% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 60% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €479,906
Fixed assets
€17,685 ▲ 15.2%
Current assets
€462,221 ▲ 98.9%
Equity and liabilities €479,906
Equity
€55,719 ▲ 86.1%
Debt
€424,187 ▲ 94.8%
Debt's share of the balance-sheet total rises from 87.9% to 88.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.09▲
2023 · 1.08
Quick ratio
1.01▲
2023 · 0.91
Debt to equity
7.61▲
2023 · 7.28
ROE
46.3%▼
2023 · 213.9%
ROA
5.4%▼
2023 · 25.8%
Debt ≤ 1 year
€422,513▲
2023 · €216,136
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,602 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,602 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 | 2018 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,561 | €2,600 | €1,933 | - | - | - |
| Other operating charges640/8 | - | - | €2,246 | €3,658 | €3,384 | ▼ 7.5% |
| Gross operating margin9900 | €6,433 | €29,813 | €3,582 | €68,464 | €29,130 | ▼ 57.5% |
| Operating profit (loss)9901 | €594 | €5,180 | -€597 | €64,806 | €25,746 | ▼ 60.3% |
| Financial income75/76B | - | - | - | - | €40 | - |
| Recurring financial income75 | €234 | - | - | - | €40 | - |
| Financial charges65/66B | - | - | €487 | €779 | - | - |
| Recurring financial charges65 | €439 | €380 | €487 | €779 | - | - |
| Profit (loss) for the period before taxes9903 | €389 | €4,800 | -€1,084 | €64,027 | €25,786 | ▼ 59.7% |
| Income taxes67/77 | €78 | - | €1,747 | - | - | - |
| Profit (loss) for the period9904 | €311 | €4,800 | -€2,831 | €64,027 | €25,786 | ▼ 59.7% |
| Profit (loss) for the period to be appropriated9905 | €311 | €4,800 | -€2,831 | €64,027 | €25,786 | ▼ 59.7% |
| Line | 2018 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €95,069 | €227,958 | €242,422 | €247,743 | €479,906 | ▲ 93.7% |
| Fixed assets21/28 | €3,969 | €1,933 | - | €15,354 | €17,685 | ▲ 15.2% |
| Tangible fixed assets22/27 | €3,969 | €1,933 | - | €15,354 | €17,685 | ▲ 15.2% |
| Plant, machinery and equipment23 | - | - | - | €12,503 | €12,503 | = |
| Furniture and vehicles24 | - | - | - | €841 | €3,172 | ▲ 277% |
| Other tangible fixed assets26 | - | - | - | €2,010 | €2,010 | = |
| Current assets29/58 | €91,099 | €226,025 | €242,422 | €232,389 | €462,221 | ▲ 98.9% |
| Stocks and contracts in progress3 | €31,175 | €30,451 | €36,322 | €36,322 | €36,322 | = |
| Stocks30/36 | - | - | €36,322 | €36,322 | €36,322 | = |
| Amounts receivable within one year40/41 | €59,049 | €185,441 | €190,538 | €183,332 | €275,970 | ▲ 50.5% |
| Trade receivables40 | - | - | €188,965 | €173,105 | €266,468 | ▲ 53.9% |
| Other amounts receivable41 | - | - | €1,573 | €10,227 | €9,502 | ▼ 7.1% |
| Cash at bank and in hand54/58 | €875 | €10,133 | €14,695 | €6,432 | €141,896 | ▲ 2,106% |
| Deferred charges and accrued income490/1 | - | - | €867 | €6,303 | €8,033 | ▲ 27.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €95,069 | €227,958 | €242,422 | €247,743 | €479,906 | ▲ 93.7% |
| Equity10/15 | €3,400 | €4,471 | €1,640 | €29,934 | €55,719 | ▲ 86.1% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - |
| Outside capital11 | - | - | - | - | €18,600 | - |
| Other1109/19 | - | - | - | - | €18,600 | - |
| Profit (loss) carried forward14 | -€15,200 | -€14,129 | -€16,960 | €11,334 | €37,119 | ▲ 228% |
| Amounts payable17/49 | €91,668 | €223,488 | €240,782 | €217,809 | €424,187 | ▲ 94.8% |
| Amounts payable within one year42/48 | €90,644 | €220,388 | €239,108 | €216,136 | €422,513 | ▲ 95.5% |
| Current portion of amounts payable after more than one year42 | - | - | €1,700 | €700 | €700 | = |
| Trade debts44 | €85,311 | €204,701 | €231,272 | €215,185 | €421,813 | ▲ 96.0% |
| Suppliers440/4 | - | - | €231,272 | €215,185 | €421,813 | ▲ 96.0% |
| Taxes, remuneration and social security45 | - | - | €6,137 | €251 | - | - |
| Taxes450/3 | - | - | €6,137 | €251 | - | - |
| Accrued charges and deferred income492/3 | - | - | €1,674 | €1,673 | €1,674 | ▲ 0.1% |
| Line | 2018 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €311 | €4,800 | -€2,831 | €64,027 | €25,786 | ▼ 59.7% |
| + Depreciation and write-downs630 | €3,561 | €2,600 | €1,933 | - | - | - |
| Operating cash flow (approximation) | €3,872 | €7,400 | -€897 | €64,027 | €25,786 | ▼ 59.7% |
| Investment in fixed assets (approximation) | - | - | - | - | -€2,331 | - |
| Change in cash | - | - | €4,562 | - | €135,464 | - |
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
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 492 days late
17-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 109 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 744 days late
2023
31-12
Financial
Back to profitnet €64,027
Net result €64,027 after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet -€2,831
Net result drops to -€2,831, the lowest in the series; recovery starts the following year.
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 198 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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 2014
Ground area
1,768 m²
Building footprint
96 m²
Volume, LiDAR
468 m³
Parcel 25013D0347/00M000, Wallonia · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NEWTECH LL
since 20142.225.351.828
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013D0347/00M000 | Wallonia | 1,768 m² | 1 · 96 m² | 5.9 m · 2 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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Of 4,561 companies in sector 74999 we hold annual accounts for 1,935. 1,547 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
Founded18-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
86910Medical imaging and medical laboratories
Contact
Website
www.newtedh-ll.comGenappe
E-invoicing
Reachable via Peppol
Peppol ID
0208:0540719966
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.