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NEWTON

Active
Private limited company (pre-2019)founded 200520 yrs activeIlgatlaan 5, 3500 Hasselt, BelgiumKBO/BCE: BE 0876.544.953
Summary

NEWTON has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €202,776 and a net result of €363. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability56▲+2
Solvency83▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.13 in 2023; short-term debt: 1.7% and cash: 2.2% of total assets), and 42% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
2 d early
2022
12 d early
2021
2 d early
2020
5 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

History

NEWTON was incorporated on 7 October 2005.1 Total assets fell from EUR 480,496 in 2018 to EUR 349,550 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€202,776▲ 0.2%
2023 · €202,414
Total assets
€349,550▼ 4.2%
2023 · €364,703
Net result
€363▼ 53.3%
2023 · €777
Working capital
€1,519▲ 99.2%
2023 · €763
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
Line20202021202220232024
Operating result€8,206€7,938▼ 3.3%€7,450▼ 6.1%€6,059▼ 18.7%€5,048▼ 16.7%
Net result-€8,671=-€205▲ 97.6%€1,680€777▼ 53.7%€363▼ 53.3%
Equity€200,225▼ 4.2%€199,957▼ 0.1%€201,637▲ 0.8%€202,414▲ 0.4%€202,776▲ 0.2%
Total assets€480,239▼ 0.1%€399,934▼ 16.7%€384,327▼ 3.9%€364,703▼ 5.1%€349,550▼ 4.2%
Debt€280,077▲ 0.1%€199,976▼ 28.6%€182,690▼ 8.6%€162,290▼ 11.2%€146,773▼ 9.6%
Working capital€68,497€4,163▼ 93.9%€4,470▲ 7.4%€763▼ 82.9%€1,519▲ 99.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2020: €8,206€8,206Net result 2020: -€8,671-€8,671Operating result 2021: €7,938€7,938Net result 2021: -€205-€205Operating result 2022: €7,450€7,450Net result 2022: €1,680€1,680Operating result 2023: €6,059€6,059Net result 2023: €777€777Operating result 2024: €5,048€5,048Net result 2024: €363€36320202021202220232024€0€2,000€4,000€6,000€8,000Operating result 2022: €7,450€7,450Net result 2022: €1,680€1,680Operating result 2023: €6,059€6,060Net result 2023: €777€777Operating result 2024: €5,048€5,050Net result 2024: €363€363202220232024
The operating result has fallen four years in a row; 2024 is 17% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €349,550
Fixed assets €341,987 ▼ 4.5%
Current assets €7,563 ▲ 12.6%
Equity and liabilities €349,550
Equity €202,776 ▲ 0.2%
Debt €146,773 ▼ 9.6%
Debt's share of the balance-sheet total falls from 44.5% to 42.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21,048▼
2023 · €22,059
Cash flow
€16,363▼
2023 · €16,777
Current ratio
1.25▲
2023 · 1.13
Debt to equity
0.72▼
2023 · 0.80
ROE
0.2%▼
2023 · 0.4%
ROA
0.1%▼
2023 · 0.2%
Interest coverage
4.49▲
2023 · 4.18
Debt ≤ 1 year
€6,043▲
2023 · €5,954
Debt > 1 year
€136,073▼
2023 · €151,073
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 17,027 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€364,703€349,550▼
Fixed assets21/28€357,987€341,987▼
Tangible fixed assets22/27€357,987€341,987▼
Land and buildings22€357,987€341,987▼
Current assets29/58€6,716€7,563▲
Cash at bank and in hand54/58€6,716€7,563▲
Equity and liabilities
Total equity and liabilities10/49€364,703€349,550▼
Equity10/15€202,414€202,776▲
Contributions10/11€75,000€75,000=
Reserves13€127,414€127,776▲
Non-distributable reserves130/1€7,500€7,500=
Reserves not available under the articles1311€7,500€7,500=
Distributable reserves133€119,914€120,276▲
Amounts payable17/49€162,290€146,773▼
Amounts payable after more than one year17€151,073€136,073▼
Financial debts170/4€151,073€136,073▼
Amounts payable within one year42/48€5,954€6,043▲
Trade debts44€5,954€6,043▲
Suppliers440/4€5,954€6,043▲
Accrued charges and deferred income492/3€5,263€4,657▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,000€16,000=
Other operating charges640/8€8,040€8,350▲
Gross operating margin9900€30,098€29,398▼
Operating profit (loss)9901€6,059€5,048▼
Financial charges65/66B€5,282€4,685▼
Recurring financial charges65€5,282€4,685▼
Profit (loss) for the period before taxes9903€777€363▼
Profit (loss) for the period9904€777€363▼
Profit (loss) for the period to be appropriated9905€777€363▼
Appropriation of the result
Profit (loss) to be appropriated9906€777€363▼
Transfer to equity691/2€777€363▼
To other reserves6921€777€363▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,035€16,000€16,000€16,000€16,000=
Other operating charges640/8-€7,188€7,337€8,040€8,350▲ 3.9%
Gross operating margin9900€31,364€31,126€30,788€30,098€29,398▼ 2.3%
Operating profit (loss)9901€8,206€7,938€7,450€6,059€5,048▼ 16.7%
Recurring financial income75€0-----
Financial charges65/66B-€8,142€5,771€5,282€4,685▼ 11.3%
Recurring financial charges65€8,269€8,142€5,771€5,282€4,685▼ 11.3%
Profit (loss) for the period before taxes9903-€8,671-€205€1,680€777€363▼ 53.3%
Income taxes67/77€0-----
Profit (loss) for the period9904-€8,671-€205€1,680€777€363▼ 53.3%
Profit (loss) for the period to be appropriated9905-€8,671-€205€1,680€777€363▼ 53.3%
Line20202021202220232024Change
Assets
Total assets20/58€480,239€399,934€384,327€364,703€349,550▼ 4.2%
Formation expenses20€0-----
Fixed assets21/28€422,022€389,987€373,987€357,987€341,987▼ 4.5%
Intangible fixed assets21€0-----
Tangible fixed assets22/27€422,022€389,987€373,987€357,987€341,987▼ 4.5%
Land and buildings22-€389,987€373,987€357,987€341,987▼ 4.5%
Financial fixed assets28€0-----
Current assets29/58€74,252€9,946€10,340€6,716€7,563▲ 12.6%
Stocks and contracts in progress3€0-----
Current investments50/53€0-----
Cash at bank and in hand54/58€74,252€9,946€10,340€6,716€7,563▲ 12.6%
Equity and liabilities
Total equity and liabilities10/49€480,239€399,934€384,327€364,703€349,550▼ 4.2%
Equity10/15€200,225€199,957€201,637€202,414€202,776▲ 0.2%
Contributions10/11-€75,000€75,000€75,000€75,000=
Reserves13€125,225€124,957€126,637€127,414€127,776▲ 0.3%
Non-distributable reserves130/1-€7,500€7,500€7,500€7,500=
Reserves not available under the articles1311-€7,500€7,500€7,500€7,500=
Distributable reserves133-€117,457€119,137€119,914€120,276▲ 0.3%
Profit (loss) carried forward14€0-----
Amounts payable17/49€280,077€199,976€182,690€162,290€146,773▼ 9.6%
Amounts payable after more than one year17€266,073€186,073€171,073€151,073€136,073▼ 9.9%
Financial debts170/4-€186,073€171,073€151,073€136,073▼ 9.9%
Amounts payable within one year42/48€5,756€5,784€5,870€5,954€6,043▲ 1.5%
Trade debts44€5,756€5,784€5,870€5,954€6,043▲ 1.5%
Suppliers440/4-€5,784€5,870€5,954€6,043▲ 1.5%
Accrued charges and deferred income492/3-€8,119€5,747€5,263€4,657▼ 11.5%
Line20202021202220232024Change
Profit (loss) for the period9904-€8,671-€205€1,680€777€363▼ 53.3%
+ Depreciation and write-downs630€16,035€16,000€16,000€16,000€16,000=
Operating cash flow (approximation)€7,364€15,795€17,680€16,777€16,363▼ 2.5%
Investment in fixed assets (approximation)-€16,035€0€0€0-
Change in cash--€64,306€394-€3,624€846▲ 123%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €1,680
Net result €1,680 after 4 loss-making years.
31-12
Financial Equity above €200,000Eq €201,637 ▲0.8%
Equity rises from €199,957 to €201,637.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Liquidity times 60current ratio 12.90
Current ratio from 0.21 to 12.90; short-term debt falls from €271,600 to €5,756.
24-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
22-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Hasselt · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
1,934 m²
Building footprint
496 m²
Volume, LiDAR
6,954 m³
Parcel 71328D0376/00N000, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
RUR
Ilgatlaan 5, 3500 HasseltNACE 70120
since 20052.149.767.943
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0376/00N000 Flanders 1,934 m² 1 · 496 m² 16.1 m · 5 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-2005
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.