Nieuw Begin
ActiveNieuw Begin has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280k and a net result of €43k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 90% of 1888 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+6
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 8.0 against 6.74 in 2024), and 12% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88%
Return on assets
13.5%
Age of the figures
8 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
18 d late
2023
182 d late
2022
on the day
2021
33 d late
2020
62 d late
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€280k▲ 18.2%
2024 · €237k
2018: €102k
2019: €105k
2020: €123k
2021: €152k
2022: €168k
2023: €204k
2024: €237k
2018 → 2025
Total assets
€319k▲ 15.7%
2024 · €275k
2018: €177k
2019: €174k
2020: €160k
2021: €203k
2022: €202k
2023: €235k
2024: €275k
2018 → 2025
Net result
€43k▲ 29.0%
2024 · €33k
2018: €11k
2019: €3k
2020: €18k
2021: €28k
2022: €16k
2023: €23k
2024: €33k
2018 → 2025
Working capital
€269k▲ 22.5%
2024 · €219k
2018: €76k
2019: €79k
2020: €107k
2021: €138k
2022: €146k
2023: €184k
2024: €219k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€152k-€168k▲ 10.8%€204k▲ 21.1%€237k▲ 16.4%€280k▲ 18.2%
Operating result€24k-€19k▼ 19.0%€32k▲ 64.7%€50k▲ 59.0%€63k▲ 24.6%
Net result€28k-€16k▼ 42.6%€23k▲ 41.7%€33k▲ 44.4%€43k▲ 29.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 25% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €319k
Fixed assets
€12k▼ 35.1%
Current assets
€307k▲ 19.3%
Equity and liabilities €319k
Equity
€280k▲ 18.2%
Debt
€38k▲ 0.5%
The debt ratio falls from 13.9% to 12.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€69k▲
2024 · €57k
Cash flow
€49k▲
2024 · €40k
Solvency
88.0%▲
2024 · 86.1%
Current ratio
8.00▲
2024 · 6.74
Quick ratio
7.96▲
2024 · 6.74
Debt / equity
0.14▼
2024 · 0.16
ROE
15.4%▲
2024 · 14.1%
ROA
13.5%▲
2024 · 12.1%
Interest coverage
19.78▲
2024 · 9.72
Debt
€38k▲
2024 · €38k
Debt ≤ 1 year
€38k▲
2024 · €38k
Income taxes
€18k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€275k€319k▲
Fixed assets21/28€18k€12k▼
Tangible fixed assets22/27€17k€11k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€10k€6k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€640€640=
Current assets29/58€257k€307k▲
Amounts receivable after more than one year29€44k€44k=
Other amounts receivable291€44k€44k=
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€67k€95k▲
Trade receivables40€20k€29k▲
Other amounts receivable41€47k€66k▲
Current investments50/53€100k€109k▲
Cash at bank and in hand54/58€35k€48k▲
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€275k€319k▲
Equity10/15€237k€280k▲
Contributions10/11€19k€19k=
Reserves13€215k€258k▲
Tax-exempt reserves132€16k€16k=
Distributable reserves133€199k€242k▲
Profit (loss) carried forward14€4k€4k▲
Amounts payable17/49€38k€38k▲
Amounts payable within one year42/48€38k€38k▲
Trade debts44€12k€15k▲
Suppliers440/4€12k€15k▲
Taxes, remuneration and social security45€26k€23k▼
Taxes450/3€26k€23k▼
Remuneration and social security454/9€95-
Other amounts payable47/48-€0
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€3k€4k▲
Gross operating margin9900€60k€73k▲
Operating profit (loss)9901€50k€63k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€49k€61k▲
Income taxes67/77€15k€18k▲
Profit (loss) for the period9904€33k€43k▲
Profit (loss) for the period to be appropriated9905€33k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€60k€47k▼
Profit (loss) brought forward from the previous period14P€26k€4k▼
Transfer to equity691/2€56k€43k▼
To other reserves6921€56k€43k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €43k ▲29%
Operating result €63k, net result €43k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 182 days late
2023
31-12
Financial
Equity above €200kEq €204k ▲21.1%
6 profitable years in a row build equity to €204k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 33 days late
2021
31-12
Financial
Equity above €150kEq €152k ▲23.1%
4 profitable years in a row build equity to €152k.
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 62 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €3k ▼70.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 51 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tessenderlo-Ham · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sparrenweg 703980 Tessenderlo-HamGround area
2,223 m²
Building footprint
174 m²
Volume, LiDAR
698 m³
Parcel 71364D0674/00M000, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Nieuw Begin
since 20112.207.749.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71364D0674/00M000 | Flanders | 2,223 m² | 1 · 174 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Lomar Construct
BE 0785.286.660
Evergem · Eq €281k
MCP METAL
BE 0507.740.461
Wevelgem · Eq €281k
INFERRO
BE 0772.289.947
Kortrijk · Eq €279k
Metaal Atelier Bosmans
BE 0763.503.133
Zonhoven · Eq €282k
JSV METALEN
BE 0770.626.002
Balen · Eq €282k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,132. 1,645 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2011
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.