Skip to content

Nieuwco

Active
Public limited companyfounded 1992active for 34 yearsLeopoldstraat(HIN) 26, 2880 Bornem, BelgiumKBO/BCE: BE 0448.262.833
Summary

Nieuwco has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€652,177) and a net result of €42,927. Equity remains stable across the filed financial years (±1.5% per year). Its solvency ranks better than 5% of 280 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€21,259total assets 2026
Equity
-€652,177
Profit
€42,927
Financial health
55 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Parent
Immomac · 83%
Accounts filed 3 days late1 of 8 deeds read
Why 55raises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€652,177Sector: Retail trade (NACE 47)lowers riskFigures for financial year 2026 (filed 03-09-2026)Show the evidence

Checked score

Score 2026
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 47% of its sector peers (NACE 47, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Weak
Solvency 0=
equity -3067.8% of total assets
Liquidity 33-17
short-term debt 3135.3% · cash 26.4%
Profitability 100=
return on assets 201.9%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,187 companies, NACE 47, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.7%▲ +0.1 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▼ -0.5 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 1.4%▲ +1.0 percentage point vs 07-2026 09-2026: 2.1%▲ +0.7 percentage points vs 08-2026highest value 10-2026: 1.3%▼ -0.8 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.03, compared with 0.02 in 2025; cash: 26.4% of total assets), and equity is negative.
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 47, micro): better than 6% on solvency, 30% on liquidity, 96% on profitability and 54% on growth.

The bankruptcy probability was computed on 10-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€652,177
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Figures for financial year 2026 (filed 03-09-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 280 sector peers (2026).
NBB · sector comparison
Position among 280 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 03-09-2026, 3 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2026
3 days late
2025
12 days early
2024
1 day early
2023
25 days late
2022
82 days late
2021
79 days late
2020
60 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 34 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 3 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Appointments: Tanguy Lemeire, IMMOMAC and Yvette…Permanent representative: Tanguy Lemeire ·…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2026: debts exceed assets -€652,177 View
  • Caution: Among the weakest 5% on solvencysector median 36.3% · 280 companies -3067.8% View
  • New directorslatest change 06-07-2026 · 3 in office 3 joined View
  • Controlled by Immomac 83% View

By topic

Financials

Financial year
2026
Total assets
€21,259
Profit
€42,927
Solvency
-3067.8%
Total assets▲ 39.7%
Net result
20192026
Go to Financials

Board & ownership

Board
3 members
Parent
Immomac · 83%
  • IMMOMACDirector
  • Tanguy LemeireManaging director
  • Yvette ThienpontDirector
Go to Board & ownership

Timeline

Events
35
Since
1994
Next accounts
by 31-08-2027
  1. 30-08-2024Annual accounts filed
  2. 31-01-2024Highest result from 2019 to 2026
  3. 25-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
11-09-1992
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Nacebel 82400 : bemiddelingsactiviteiten in verband met zakelijke dienstverlening; Nacebel…
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.