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 15 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
NEW SYSTEM from Sint-Pieters-Woluwe, company number BE0439810074, closed financial year 2024 with a result of € 31,723 after tax. For that financial year NEW SYSTEM recorded a gross margin of € 122,692 and equity of € 279,695. Compared with financial year 2023, the result moved from € 20,588 to € 31,723. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2025.
€ 279,695
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,723
▲ 54% vs 2023
Profit after tax over the fiscal year.
€ 15,668
▲ 53% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
95 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2024
€ 238,305
▼ 25% vs 2023
€ 79,859 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,562
▲ 107% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,200
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 129,439 | € 107,154 | € 109,344 | € 122,692 | ▲ 12% |
| Profit after taxes | € 25,435 | € 13,438 | € 20,588 | € 31,723 | ▲ 54% |
| Equity | € 298,947 | € 287,385 | € 277,972 | € 279,695 | ▲ 1% |
| Total debts | € 631,233 | € 559,136 | € 502,542 | € 459,061 | ▼ 9% |
| Cash | € 49,122 | € 23,657 | € 10,217 | € 15,668 | ▲ 53% |
| Land & buildings | € 926,801 | € 870,162 | € 822,144 | € 783,594 | ▼ 5% |
| Retained profit | € 280,397 | € 268,835 | € 259,422 | € 261,145 | ▲ 1% |
| Dividend | € 25,000 | € 25,000 | € 30,000 | € 30,000 | |
| Bank debt | € 532,066 | € 427,450 | € 319,259 | € 238,305 | ▼ 25% |
| Balance sheet total | € 1,004,182 | € 916,561 | € 846,593 | € 800,874 | ▼ 5% |
Key figures of NEW SYSTEM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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 2024: profit of € 31,723 (▲ 54% vs 2023). 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 € 25,435 profit in 2021 to € 31,723 profit in 2024.
Paid € 46,906 in corporate taxes since 2021.
Best year ever: 2024, with € 31,723 profit.
Paid out € 110,000 in dividends to the owners in total.
A new publication or filing at NEW SYSTEM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
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 2024 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