PNew Concept Time

Active

Private limited companyfounded 20242 yrs activeRue de la Paix 25, 4860 Pepinster, BelgiumKBO/BCE: BE 1006.076.575

Summary

The computed 12-month bankruptcy probability of PNew Concept Time is 3.5% (moderate). The 2024 annual accounts show equity of €32,314 and a net result of €22,314. Its solvency ranks better than 57% of 15862 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

PNew Concept TimeActiveChecked score 51/100

Risk analysis Report Compare

Activity

Agents in the wholesale of industrial machinery, ships and aircraft

NACE 46140

1 site

Size

€67,163total assets 2024

Equity: €32,314
Profit: €22,314

Turnover not published (abridged schema)

Financial health

51 Fair Checked score 2024

Bankruptcy chance 12 m: 3.5%

Structure

Accounts 16 d early0 of 1 deed read

Why 51- Figures for FY 2024 (filed 16-07-2025)- Founded in 2024- Size: total assets €67,163- 1 financial year not filed after the legal deadlineShow the evidence

Checked score

Score 2024

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 62% of its sector peers (NACE 46, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Strong

Solvency 73

equity 48.1% of total assets

Liquidity 39

short-term debt 51.4% · cash 11.5%

Profitability 100

return on assets 33.2%

Bankruptcy probability, 12 months

3.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,788 companies)

Last 24 months 03-2025: 1.6% 04-2025: 1.6%● 0.0% vs 03-2025 05-2025: 1.7%▲ +4.9% vs 04-2025 06-2025: 2.0%▲ +17.1% vs 05-2025 07-2025: 2.1%▲ +5.8% vs 06-2025 08-2025: 1.4%▼ -35.8% vs 07-2025lowest value 09-2025: 1.4%▲ +6.0% vs 08-2025 10-2025: 1.4%● 0.0% vs 09-2025 11-2025: 1.5%▲ +2.6% vs 10-2025 12-2025: 1.5%▼ -1.3% vs 11-2025 01-2026: 1.4%▼ -1.0% vs 12-2025 02-2026: 1.5%▲ +4.9% vs 01-2026 03-2026: 1.5%▲ +1.3% vs 02-2026 04-2026: 1.6%▲ +4.5% vs 03-2026 05-2026: 1.7%▲ +6.3% vs 04-2026 06-2026: 1.7%▼ -0.3% vs 05-2026 07-2026: 1.8%▲ +3.6% vs 06-2026 08-2026: 2.3%▲ +33.6% vs 07-2026 09-2026: 2.4%▲ +4.2% vs 08-2026 10-2026: 3.5%▲ +44.7% vs 09-2026highest value

Figures for FY 2024 (filed 16-07-2025) raises the probability
Founded in 2024 raises the probability for this profile
Size: total assets €67,163 raises the probability for this profile
1 financial year not filed after the legal deadline raises the probability

Credit up to €1,500 at 30 days acceptable

Liquidity tight (current ratio 1.06; short-term debt: 51.4% and cash: 11.5% of total assets), and 51.9% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 56%, liquidity 36%, profitability 95%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Figures for FY 2024 (filed 16-07-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Founded in 2024

In the bankruptcy model this factor raises the probability for this profile.

KBO

Size: total assets €67,163

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

1 financial year not filed after the legal deadline

In the bankruptcy model this factor raises the probability.

NBB · filings

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

16 d early

← before the deadline after the deadline →

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

This company filed its 2024 accounts 16 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)

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