Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
NEW SYSTEM from Sint-Pieters-Woluwe, company number BE0439810074, closed financial year 2025 with a result of € 14,959 after tax. For that financial year NEW SYSTEM recorded a gross margin of € 92,253 and equity of € 264,654. Compared with financial year 2024, the result moved from € 31,723 to € 14,959. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 11, 2026.
€ 264,654
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,959
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 5,636
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 158,446
▼ 34% vs 2024
€ 80,894 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,035
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,154 | € 109,344 | € 122,692 | € 92,253 | ▼ 25% |
| Profit after taxes | € 13,438 | € 20,588 | € 31,723 | € 14,959 | ▼ 53% |
| Equity | € 287,385 | € 277,972 | € 279,695 | € 264,654 | ▼ 5% |
| Total debts | € 559,136 | € 502,542 | € 459,061 | € 422,859 | ▼ 8% |
| Cash | € 23,657 | € 10,217 | € 15,668 | € 5,636 | ▼ 64% |
| Land & buildings | € 870,162 | € 822,144 | € 783,594 | € 737,224 | ▼ 6% |
| Retained profit | € 268,835 | € 259,422 | € 261,145 | € 246,104 | ▼ 6% |
| Dividend | € 25,000 | € 30,000 | € 30,000 | € 30,000 | |
| Bank debt | € 427,450 | € 319,259 | € 238,305 | € 158,446 | ▼ 34% |
| Balance sheet total | € 916,561 | € 846,593 | € 800,874 | € 745,669 | ▼ 7% |
Key figures of NEW SYSTEM, 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 NEW SYSTEM?
What happened at NEW SYSTEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,959 (▼ 53% vs 2024). filed late Source: NBB ↗
- MD CORPORATE FINANCE ScPRL became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,438 profit in 2022 to € 14,959 profit in 2025.
Paid € 43,298 in corporate taxes since 2022.
Best year ever: 2024, with € 31,723 profit.
Paid out € 115,000 in dividends to the owners in total.
Management
The stake of CLEAR MINDS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NEW SYSTEMBehind NEW SYSTEM are MD CORPORATE FINANCE ScPRL, Lucien BOURDEAUX and PIERRE SIRRE. The shares are held by CLEAR MINDS (33.3%).
Directors
According to the 2025 annual accounts
Director
since 2012
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herendal 13
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.810.074
- VAT number
- BE 0439.810.074
- Registered office
- Herendal 13, 1150 Sint-Pieters-Woluwe
- Names & denominations
- NEW SYSTEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1990
- Peppol
- Not registered