NEXT GENERATION

Active

Private limited companyfounded 2014active for 12 yearsVan den Reecklaan 3, 2820 Bonheiden, BelgiumKBO/BCE: BE 0547.670.017

Summary

NEXT GENERATION has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,184 and a net result of €1,028. Equity is growing by about 5.3% per year across the filed financial years. Its solvency ranks better than 29% of 13,642 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Risk analysisFollow Report Compare

NEXT GENERATIONActiveChecked score 62/100

Risk analysis Report Compare

Activity

Agents in the wholesale of furniture, household goods and hardware

NACE 46150Other postal and courier activities NACE 53200

1 site

Size

€254,683total assets 2025

Staff: 3 FTE
Equity: €35,184
Profit: €1,028

Turnover not published (micro format)

Financial health

62 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.5%

Structure

2025 accounts filed 57 days late1 of 8 deeds summarised

Why 62raises riskLast filed accounts filed 57 days late; 3 of the last 3 lateLiquidity: current ratio 1.02, cash €1,460lowers riskFounded in 2014Size: total assets €254,683Show the evidence

Checked score

Score 2025

62 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 31% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 39-5

equity 13.8% of total assets

Liquidity 3-3

short-term debt 86.2% · cash 0.6%

Profitability 53+31

return on assets 0.4%

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,882 companies, NACE 46, micro)

Last 24 months 11-2024: 3.3% 12-2024: 3.3%● unchanged vs 11-2024 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.2%▼ -0.1 percentage points vs 03-2025 05-2025: 3.0%▼ -0.2 percentage points vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 3.0%▲ +0.1 percentage points vs 06-2025 08-2025: 3.4%▲ +0.4 percentage points vs 07-2025 09-2025: 3.4%● unchanged vs 08-2025 10-2025: 4.7%▲ +1.3 percentage points vs 09-2025highest value 11-2025: 2.6%▼ -2.1 percentage points vs 10-2025 12-2025: 2.3%▼ -0.3 percentage points vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.2%▼ -0.1 percentage points vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.1%▼ -0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +1.1 percentage points vs 07-2026 09-2026: 3.3%▲ +0.1 percentage points vs 08-2026 10-2026: 1.5%▼ -1.8 percentage points vs 09-2026lowest value

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.02, compared with 1.08 in 2024, below the usual 1.5; short-term debt: 86.2% and cash: 0.6% of total assets), and 86.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 26% on solvency, 6% on liquidity, 41% on profitability and 50% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Last filed accounts filed 57 days late; 3 of the last 3 late

NBB · filings

Founded in 2014

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.02, cash €1,460

NBB · annual accounts

Size: total assets €254,683

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

2025 accounts filed 57 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-09-2026, 57 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

57 days late

2024

58 days late

2023

92 days late

2022

22 days late

2021

73 days late

2020

4 days early

2019

129 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 61 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 filed years within 35 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

26-09-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €1,028
27-09-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Among the largest 11% on gross marginsector median €28,660 · 13,616 companies €163,106 View
Total assets 20256 financial years filed €254,683 View
Active since 2014founded 26-02-2014 12 years View

By topic

Financials

Financial year: 2025
Total assets: €254,683
Profit: €1,028
Solvency: 13.8%

Total assets▲ 40.8%

Net result

20182025

Go to Financials

Timeline

Events: 14
Since: 2017
Next accounts: by 31-07-2027

09-07-2025Amendment of the articles · Legal-form change
31-10-2024Annual accounts filed
31-12-2023Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Agents in the wholesale of furniture, household goods…NACE 46150
Founded: 26-02-2014
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 7

Purpose: “Aan- en verkoop van recreatieartikelen; Huur en verhuur van recreatieartikelen…” (deed in Dutch)

Go to Articles of association

Key facts about NEXT GENERATION

What is the company number of NEXT GENERATION?: 0547.670.017. In Belgium the VAT number is the company number with BE in front: BE 0547.670.017.
Where is NEXT GENERATION based?: The registered office is at Van den Reecklaan 3, 2820 Bonheiden.Company details
What does NEXT GENERATION do?: According to the KBO register, the main activity is agents in the wholesale of furniture, household goods and hardware (NACE 46150).
What is the legal form of NEXT GENERATION?: Private limited company (BV).
When was NEXT GENERATION founded?: On 26-02-2014.
Is NEXT GENERATION still active?: Yes, NEXT GENERATION is an active enterprise in the KBO register.
How many employees does NEXT GENERATION have?: On average 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NEXT GENERATION?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is NEXT GENERATION profitable?: In financial year 2025, NEXT GENERATION made a profit of €1,028.
Where can I find the annual accounts of NEXT GENERATION?: NEXT GENERATION filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NEXT GENERATION due?: By 31-07-2027, for financial year 2026.Timeline