Newten
The computed 12-month bankruptcy probability of Newten is 0.7% (low). The 2024 annual accounts show equity of €2.17M and a net result of €402k. Equity is growing by ~53.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 86 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.17M |
| Net result | €402k |
| Better than sector | 39% |
| Active | 4 yrs |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.0% | 40.7% | |
| Net result | €402k | €44k | |
| Equity | €2.17M | €81k | |
| Gross operating margin | €179k | €89k | |
| Total assets | €7.23M | €324k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €178k |
| Net profit | €402k |
| Cash flow | €421k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €7.23M |
| Equity | €2.17M |
| Debt | €5.06M |
| of which ≤ 1y | €456k |
| of which > 1y | €4.56M |
| Working capital | €578k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 2.27 |
| Quick ratio | 2.27 |
| Working capital ratio | 8.0% |
| Solvency | 30.0% |
| Debt / equity | 2.33 |
| Long-term debt ratio | 2.10 |
| Interest coverage | 0.88 |
| Gross margin | — |
| Net margin | — |
| ROA | 5.6% |
| ROE | 18.6% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €7.23M |
| Fixed assets | 21/28 | €6.14M |
| Formation expenses | 20 | €47k |
| Intangible fixed assets | 21 | €11k |
| Tangible fixed assets | 22/27 | €0 |
| Financial fixed assets | 28 | €6.13M |
| Current assets | 29/58 | €1.03M |
| Amounts receivable within one year | 40/41 | €115k |
| Cash & bank | 54/58 | €62k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.23M |
| Equity | 10/15 | €2.17M |
| Contributions / capital | 10/11 | €1.77M |
| Reserves | 13 | €396k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €5.06M |
| Amounts payable after one year | 17 | €4.56M |
| Amounts payable within one year | 42/48 | €456k |
| Trade debts payable within one year | 44 | €25k |
| Income statement | ||
| Gross operating margin | 9900 | €179k |
| Operating result | 9901 | €159k |
| Financial income | 75 | €446k |
| Financial charges | 65 | €202k |
| Result before taxes | 9903 | €402k |
| Net result for the period | 9904 | €402k |
| Result to be appropriated | 9905 | €402k |
-
Cristallo TopCoLegal entityDirector· perm. rep.: Ruben MonballieuState Gazette act 25119365 (22-09-2025)Current30-06-2025 → present
-
Current30-06-2025 → present
2 events
- 30-06-2025 Appointed· Managing director
- 30-06-2025 Appointed· Director
-
Current21-09-2023 → present
Former directors (6)
-
Former— → 30-06-2025
-
LUKAS INVESTLegal entityManaging director· perm. rep.: Pieter LoosveldState Gazette act 25119365 (22-09-2025)Former— → 30-06-2025
-
Peter Van SeverenLegal entityDirector· perm. rep.: Peter Van SeverenState Gazette act 25119365 (22-09-2025)Former16-10-2023 → 30-06-2025
3 events
- 30-06-2025 Resigned· Director
- 30-06-2025 Appointed· Director
- 16-10-2023 Appointed· Director
-
Former30-06-2025 → 30-06-2025
2 events
- 30-06-2025 Resigned· Director
- 30-06-2025 Appointed· Director
-
VELA GROUPLegal entityDirector· perm. rep.: Tom VandenbusscheState Gazette act 25119365 (22-09-2025)Former— → 30-06-2025
-
Former— → 16-10-2023
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISESCurrent Statutory auditor · represented by Stefaan De Coninck |
— | 18-12-2025 → present |
| NACE primary | 82990 |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-2021 |
| Status | Active |
| Postal code | 8800 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B1490/00L002 | Flanders | 347 m² | 1 · 119 m² | 5.8 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-12-2025 6 directors appointed
- Stefaan De Coninck — Commissaris
- Olivier Cockx — Bestuurder
- Wout Hooyberghs — Bestuurder
- Matteo De Grauwe — Bestuurder
- Michelle Werbrouck — Bestuurder
- Adriaan de Leeuw — Bestuurder
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}18-12-2025 Stefaan De Coninck appointed as statutory auditor
- Stefaan De Coninck — Commissaris
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}22-09-2025 5 directors appointed, 5 resigning
- Ruben Monballieu — Bestuurder
- Wim Geens — Bestuurder
- Wouter Loosveld — Bestuurder
- Peter Van Severen — Bestuurder
- Wim Geens — Gedelegeerd bestuurder
- Luc Famil — Bestuurder
- Tom Vandenbussche — Bestuurder
- Wouter Loosveld — Bestuurder
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}22-09-2025 6 directors appointed, 5 resigning
- Cristallo TopCo BV — Bestuurder
- Willco BV — Bestuurder
- R'nR BV — Bestuurder
- Peter Van Severen CommV — Bestuurder
- Willco BV — Gedelegeerd bestuurder
- Willco BV — Dagelijks bestuur
- Inter Control NV — Bestuurder
- Vela Group BV — Bestuurder
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{
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}09-07-2025 Articles of association amended — translation of the articles, coordination of the articles and amendment of specific articles
Technical details
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}09-07-2025 Articles of association amended
Technical details
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}05-02-2025 Articles of association amended
Technical details
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}05-02-2025 Articles of association amended — translation of the articles, coordination of the articles and full restatement of the articles
Technical details
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}16-10-2023 Articles of association amended
Technical details
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}
}16-10-2023 1 director appointed, 1 resigning
- VAN SEVEREN Peter Roger Medard — Bestuurder
- LUKAS INVEST — Bestuurder
Technical details
{
"events": [
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},
"evidence_quote": "De algemene vergadering besluit de volgende niet-statutaire bestuurder op heden ontslag te geven uit zijn functie: de besloten vennootschap \u201CLUKAS INVEST\u201D, waarvan de zetel gevestigd is te 8200 Brugge (Sint-Andries), Paul Gilsonstraat 16, ingeschreven in het rechtspersonenregister te Gent (afdeling "
},
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"evidence_quote": "De algemene vergadering gaat vervolgens onmiddellijk over tot benoeming van volgende rechtspersoon als niet-statutaire bestuurder van de vennootschap voor een onbepaalde duur : De commanditaire vennootschap \u201CPeter Van Severen\u201D, waarvan de zetel gevestigd is te 9910 Aalter, Urselseweg 111, ingeschrev"
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"subject_company": {
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}
}30-05-2023 Articles of association amended
Technical details
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"statute_change": {
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"signature_regime": "joint_two",
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"governance_change": {
"admin_delegated_added": []
}
}27-12-2021 Incorporation of a new BV
Technical details
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Newten |