Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NEWMO from Stabroek, company number BE0404037563, closed financial year 2025 with a result of € -71,164 after tax. For that financial year NEWMO recorded a gross margin of € 1.1 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 305,824 to € -71,164. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 2.8 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -71,164
▼ still € 305,824 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
Debts at end 2025
€ 9.1 million
▼ 4% vs 2024
€ 533,335 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 199,227
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 929,374 | € 1,491,734 | € 1,632,862 | € 1,097,126 | ▼ 33% |
| Profit after taxes | € 430,539 | € 425,854 | € 305,824 | € -71,164 | ▼ € 376,988 |
| Equity | € 2,126,184 | € 2,552,038 | € 2,857,862 | € 2,786,698 | ▼ 2% |
| Total debts | € 3,670,354 | € 8,537,054 | € 9,785,296 | € 9,306,394 | ▼ 5% |
| Land & buildings | € 4,720,202 | € 9,869,524 | € 11,339,335 | € 10,542,865 | ▼ 7% |
| Retained profit | € 2,003,583 | € 2,429,437 | € 2,735,261 | € 2,664,097 | ▼ 3% |
| Bank debt | € 3,568,634 | € 8,364,424 | € 9,486,428 | € 9,087,602 | ▼ 4% |
| Balance sheet total | € 6,133,791 | € 11,407,737 | € 13,233,663 | € 12,659,396 | ▼ 4% |
Key figures of NEWMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NEWMO?
What happened at NEWMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gregorius Aertssen stepped down as director. NBB
- Walter Wesenbeek stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 71,164 (▼ € 376,988 vs 2024). Source: NBB ↗
- Gregorius Aertssen became a director. NBB
- Walter Wesenbeek became a director. NBB
- New establishment in Stabroek. KBO
- Start of the company according to the CBE. KBO
In short
From € 430,539 profit in 2022 to € 71,164 loss in 2025.
Paid € 483,258 in corporate taxes since 2022.
Best year ever: 2022, with € 430,539 profit.
Management
The stake of AERTSSEN GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NEWMOThe shares are held by AERTSSEN GROUP (100%).
Directors
According to the 2025 annual accounts
Gregorius Aertssen
Director
Also active at: NEWMO HAREN, Aertssen Infra, AERTSSEN SERVICES, WILLY CROMMEN, AERTSSEN TRANSPORT, AERTSSEN GROUP, Smeyers, ENVI +27 more
since 2023 · until 2029
Walter Wesenbeek
Director
Also active at: NEWMO HAREN, Aertssen Infra, AERTSSEN SERVICES, WILLY CROMMEN, AERTSSEN TRANSPORT, Smeyers, ENVI, AERTSSEN KRANEN +20 more
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Laageind 91
2940 Stabroek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.
All companies at this address →NEWMO HAREN same network
€ -16,432 gross margin · 2025
Aertssen Infra same network
€ 199.1 million revenue · 2025
AERTSSEN SERVICES same network
€ 37.9 million revenue · 2025
AERTSSEN TRANSPORT same network
€ 21.3 million revenue · 2025
AERTSSEN GROUP same network
€ 30 million revenue · 2025
+36 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.037.563
- VAT number
- BE 0404.037.563
- Registered office
- Laageind 91, 2940 Stabroek
- Names & denominations
- NEWMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1928
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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