Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Figures corrected NBB
Corrected annual account filed for 2021.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
NEWWORK BELGIUM from Welkenraedt, company number BE0450781566, closed financial year 2023 with a result of € -63,420 after tax. For that financial year NEWWORK BELGIUM recorded a gross margin of € 223,547 and equity of € -55,270. Compared with financial year 2022, the result moved from € -101,437 to € -63,420. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2024.
€ -55,270
▼ € 63,420 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,420
▲ 37 % less loss than in 2022
Profit after tax over the fiscal year.
€ 11,610
▼ 82% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -120,270.
People and assets in 2023
€ 191,970
▲ 45% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 82,490
▼ 52% vs 2022
Of which on lease € 30,395.
Debts at end 2023
€ 732,853
▲ 16% vs 2022
€ 74,470 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 179,718
▲ 51% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 25,324
▼ 53% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 100,975 | € 84,503 | € 223,547 | ▲ 165% |
| Profit after taxes | € -24,415 | € -101,437 | € -63,420 | ▲ € 38,017 |
| Equity | € 149,586 | € 8,150 | € -55,270 | ▼ € 63,420 |
| Total debts | € 399,249 | € 806,490 | € 942,228 | ▲ 17% |
| Cash | € 148,043 | € 65,930 | € 11,610 | ▼ 82% |
| Retained profit | € 84,586 | € -56,850 | € -120,270 | ▼ € 63,420 |
| Bank debt | € 195,300 | € 629,085 | € 732,853 | ▲ 16% |
| Balance sheet total | € 548,836 | € 814,640 | € 886,958 | ▲ 9% |
Key figures of NEWWORK BELGIUM, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to NEWWORK BELGIUM?
What happened at NEWWORK BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
NEWWORK BELGIUM is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 63,420. filed late Source: NBB ↗
- ORITEX SRL became a director. NBB
- New establishment in Thimister-Clermont. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,415 loss in 2021 to € 63,420 loss in 2023.
Paid € 4,228 in corporate taxes since 2021.
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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
Directors
According to the 2023 annual accounts
Director · represented by Orinel RICHARD VICTOR
since 2016
Establishments
Establishment units
Physical locations of this company
Rue Trois Bourdons 31
4840 Welkenraedt
Rue de l'Avenir 10
4890 Thimister-Clermont
Active since 15 September 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0450.781.566
- VAT number
- BE 0450.781.566
- Registered office
- Rue Trois Bourdons 31, 4840 Welkenraedt
- Names & denominations
- NEWWORK BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 28 August 1993
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van bovenkleding
Confectie van bovenkleding voor heren, dames en kinderen
Vervaardiging van andere bovenkleding
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen