The Next Generation
A bankruptcy procedure is open for The Next Generation according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-262k) and a net result of €-292k.
| Equity | €-262k |
| Net result | €-292k |
| Better than sector | 5% |
| Active | 2 yrs |
Fragile profile, watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -176.6% | 53.8% | |
| Net result | €-292k | €18k | |
| Equity | €-262k | €40k | |
| Gross operating margin | €-265k | €36k | |
| Total assets | €149k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-286k |
| Net profit | €-292k |
| Cash flow | €-287k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €149k |
| Equity | €-262k |
| Debt | €411k |
| of which ≤ 1y | €406k |
| of which > 1y | - |
| Working capital | €-310k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.24 |
| Quick ratio | 0.24 |
| Working capital ratio | -208.7% |
| Solvency | -176.6% |
| Debt / equity | -1.57 |
| Long-term debt ratio | - |
| Interest coverage | -198.43 |
| Gross margin | - |
| Net margin | - |
| ROA | -196.8% |
| ROE | 111.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €149k |
| Fixed assets | 21/28 | €53k |
| Intangible fixed assets | 21 | €45k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €96k |
| Amounts receivable within one year | 40/41 | €58k |
| Cash & bank | 54/58 | €38k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €149k |
| Equity | 10/15 | €-262k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €-292k |
| Amounts payable | 17/49 | €411k |
| Amounts payable within one year | 42/48 | €406k |
| Trade debts payable within one year | 44 | €364k |
| Income statement | ||
| Gross operating margin | 9900 | €-265k |
| Operating result | 9901 | €-291k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-292k |
| Net result for the period | 9904 | €-292k |
| Result to be appropriated | 9905 | €-292k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JO DECRAEYE EDELAREBERG 24, 9700 OUDENAARDE- |
11-12-2025 → present | Belgian State Gazette |
| NACE primary | 82300 |
| Legal form | Private limited company(610) |
| Incorporation | 02-10-2023 |
| Status | Active |
| Postal code | 9550 |
| First BS signal | 14-01-2026 |
| Latest BS signal | 14-01-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41028B0407/00E000 | Flanders | 1,224 m² | 1 · 442 m² | 8.8 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-07-2025 De Prijck Nils appointed as director
- De Prijck Nils, Bestuurder
Technical details
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"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": "97 05 27-479 07",
"name": "De Prijck Nils",
"address": "Molenstraat, 12 9550 Herzele",
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},
"reason": null,
"subkind": "regular",
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"evidence_quote": "De vergadering beslist De Prijck Nils (97 05 27-479 07) wonende Molenstraat, 12 te 9550 Herzele vanaf heden te benoemen tot bestuurder.",
"decharge_status": null,
"mandate_duration": {
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}
],
"notary": {
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"office_city": "Gent",
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},
"act_meta": {
"language": "nl",
"pub_date": "2025-07-23",
"filing_date": "2025-06-30",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-01-23",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "1000.615.673",
"name_full": "The Next Generation",
"legal_form": "bv",
"_kbo_filled_from_list": true
},
"publication_proxy": {
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | The Next Generation |