NEWTOWN TRAGEL
ActiveSummary
NEWTOWN TRAGEL has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€308) and a net result of -€20,252. Equity has been shrinking by about 118% per year since 2023. Its solvency ranks better than 14% of 5,795 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
Source: KBO- Status
- Active since 01-04-2022 Normal situation
- Registered office
- 17 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Development of residential building projects NACE 68121
- Establishment unit
- 2.332.529.801 9090 Merelbeke-Melle, since 01-04-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 15-07-2025
Board and ownership
- ELIAS WHEMABDirector · since 01-04-2022 · permanent representative ELIAS Bart
- MATHIAS CharlotteDirector · since 01-04-2022
- MDP HOLDINGDirector · since 01-04-2022 · permanent representative MATHIAS Jacques
- Straco PEconsolidatesannual accounts 2025
- MDP HOLDING50%2025 annual accounts of MDP HOLDING
- STRACO REAL ESTATE DEVELOPMENT50%· score 662025 annual accounts of STRACO REAL ESTATE DEVELOPMENT
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- -€3,786
- Loss
- €20,252
- ▼ 25.0%
- Equity
- -€308
- Total assets
- €295,668
- ▲ 0.8%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 49.07, cash €879, halvedlowers riskSector: Real estate activities (NACE 68)Size: total assets €295,668Legal form: public limited companyShow the evidence
Checked score
About 6 in 1,000 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 68, micro). It does better than 19% of them on solvency, 53% on liquidity, 21% on profitability and 5% on growth.
The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 2 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed IncorporationStarting capital €62,500 · Appointments: AMBASSADE HOLDING, MATHIAS Charlotte and 2 others · Permanent representatives: MATHIAS Jacques, ELIAS Bart and Van Den Eynden Erik
Comparable companies
These companies have the same main activity as NEWTOWN TRAGEL: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €251,000 and €355,000, founded between 2021 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| NEWTOWN TRAGEL Merelbeke-Melle | €295,668 | -€3,786 |
| HB Denderleeuw | €312,442 | -€10,026 |
| VLASFABRIEK Kruisem | €250,577 | -€1,984 |
| P. CONSTRUCT Aalst | €309,447 | -€4,575 |
| Be Factory Ronse | €322,372 | -€36,499 |
| H16 Oosterzele | €354,843 | -€20,575 |
| PURE REAL ESTATE IMMO Geetbets | €298,747 | -€7,605 |
Key facts about NEWTOWN TRAGEL
- What is the company number of NEWTOWN TRAGEL?
- The company number of NEWTOWN TRAGEL is 0784.340.614. The VAT number is the same number with BE in front: BE 0784.340.614.
- Where is NEWTOWN TRAGEL based?
- The registered office is at Brusselsesteenweg 197, 9090 Merelbeke-Melle.Company details
- What does NEWTOWN TRAGEL do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of NEWTOWN TRAGEL?
- The legal form of NEWTOWN TRAGEL is Public limited company (NV).
- When was NEWTOWN TRAGEL founded?
- NEWTOWN TRAGEL was founded on 01-04-2022.
- Is NEWTOWN TRAGEL still active?
- Yes, NEWTOWN TRAGEL is an active enterprise in the KBO register.
- What is the turnover of NEWTOWN TRAGEL?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is NEWTOWN TRAGEL profitable?
- In financial year 2025, NEWTOWN TRAGEL made a loss of €20,252.
- Where can I find the annual accounts of NEWTOWN TRAGEL?
- NEWTOWN TRAGEL filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NEWTOWN TRAGEL due?
- NEWTOWN TRAGEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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