Financials
- Fiscal year
- 2025
- Total assets
- €923,096
- Loss
- -€212,461
- Solvency
- 26.1%
Turnover▲ 2.1%
Net result
20182020
SEC NEWGATE EU
ActiveSummary
SEC NEWGATE EU has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241,307 and a net result of -€212,461. Equity is shrinking by ~22% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 26% of 3799 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Business and other management consultancy
NACE 70200NACE 70210Business consulting NACE 70220
1 site
Size
€923,096total assets 2025
- Staff
- 16.8 FTE
- Equity
- €241,307
- Loss
- -€212,461
Structure
- Parent
- SEC NEWGATE SPA
Accounts 44 d early0 of 13 deeds read
Why 66- Loss of €212,461, the second in a row (FY 2025)- Size: 16.8 FTE, total assets €923,096+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Legal form Public limited companyShow the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 12% of its sector peers (NACE 70, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
51-12
equity 26.1% of total assets
Liquidity
31-27
short-term debt 64.1% · cash 11.7%
Profitability
0-10
return on assets -23.0%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%lowest value
12-2024: < 0.1%● 0.0% vs 11-2024lowest value
01-2025: < 0.1%● 0.0% vs 12-2024lowest value
02-2025: < 0.1%● 0.0% vs 01-2025lowest value
03-2025: < 0.1%● 0.0% vs 02-2025lowest value
04-2025: < 0.1%▲ +2.3% vs 03-2025
05-2025: < 0.1%● 0.0% vs 04-2025
06-2025: < 0.1%● 0.0% vs 05-2025
07-2025: 0.1%▲ +214% vs 06-2025
08-2025: 0.1%● 0.0% vs 07-2025
09-2025: 0.1%● 0.0% vs 08-2025
10-2025: 0.1%● 0.0% vs 09-2025
11-2025: 0.1%● 0.0% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: 0.1%● 0.0% vs 12-2025
02-2026: 0.1%● 0.0% vs 01-2026
03-2026: 0.1%● 0.0% vs 02-2026
04-2026: 0.2%▲ +12.3% vs 03-2026
05-2026: 0.2%▲ +0.6% vs 04-2026
06-2026: 0.2%▼ -3.8% vs 05-2026
07-2026: 0.7%▲ +390% vs 06-2026highest value
08-2026: 0.7%● 0.0% vs 07-2026highest value
09-2026: 0.7%● 0.0% vs 08-2026highest value
10-2026: 0.7%● 0.0% vs 09-2026highest value
- Loss of €212,461, the second in a row (FY 2025) raises the probability
- Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
- Size: 16.8 FTE, total assets €923,096 raises the probability for this profile
- Legal form Public limited company lowers the probability
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 2.26 in 2024; short-term debt: 64.1% and cash: 11.7% of total assets), but 73.9% 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 70, small). Better than this share of them on solvency 26%, liquidity 16%, profitability 1%, growth against the median 5%. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€212,461
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
59 d early
2023
69 d early
2022
83 d early
2021
12 d early
2020
54 d early
2019
26 d early
← 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 50 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 2 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Director resignation · Director appointmentPermanent representative · Board composition
- Annual accounts filedfiscal year 2025 · full…
- Weakest financial yearnet -€212,461
Key points
- Caution: Result fell in 2025from -€79,897 to -€212,461 ▼ 166% View
- Caution: Among the weakest 10% on net resultsector median €56,364 · 3,798 companies -€212,461 View
- Controlled by SEC NEWGATE SPA parent View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€212,461 View
- Positive: Always filed on timeaccounts within the deadline every year 7 years View
By topic
Board & ownership
- Parent
- SEC NEWGATE SPA
Timeline
- Events
- 15
- Since
- 2012
- Next accounts
- by 31-07-2027
- 01-10-2026Director resignation · Director appointment
- 17-06-2026Annual accounts filed
- 31-12-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 13-06-2001
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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