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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Newmo Westerlo from Stabroek, company number BE0464406801, closed financial year 2025 with a result of € -153,787 after tax. For that financial year Newmo Westerlo recorded a gross margin of € -4,670 and equity of € 264,863. Compared with financial year 2024, the result moved from € 74,207 to € -153,787. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 264,863
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -153,787
▼ still € 74,207 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -598,846.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 1.5 million
▲ 2% vs 2024
€ 97,025 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 15,529
▲ 135% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 194,417 | € 191,121 | € 224,488 | € -4,670 | ▼ € 229,157 |
| Profit after taxes | € 35,694 | € 12,293 | € 74,207 | € -153,787 | ▼ € 227,993 |
| Equity | € 332,151 | € 344,444 | € 418,650 | € 264,863 | ▼ 37% |
| Total debts | € 1,677,049 | € 1,598,175 | € 1,498,654 | € 1,531,684 | ▲ 2% |
| Land & buildings | € 1,979,126 | € 1,901,757 | € 1,828,804 | € 1,755,966 | ▼ 4% |
| Retained profit | € -531,559 | € -519,266 | € -445,059 | € -598,846 | ▼ € 153,787 |
| Bank debt | € 1,634,299 | € 1,561,825 | € 1,480,029 | € 1,510,245 | ▲ 2% |
| Balance sheet total | € 2,009,200 | € 1,942,619 | € 1,917,304 | € 1,796,548 | ▼ 6% |
Key figures of Newmo Westerlo, 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 Westerlo?
What happened at Newmo Westerlo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eric Electeur stepped down as director. NBB
- Saskia Aertssen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 153,787 (▼ € 227,993 vs 2024). filed late Source: NBB ↗
- Gregorius Aertssen stepped down as director. NBB
- Walter Wesenbeek stepped down as director. NBB
- Eric Electeur became a director. NBB
- Saskia Aertssen became a director. NBB
- Gregorius Aertssen became a director. NBB
In short
From € 35,694 profit in 2022 to € 153,787 loss in 2025.
Best year ever: 2024, with € 74,207 profit.
Management
The stake of AERTSSEN GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Newmo WesterloThe shares are held by AERTSSEN GROUP (100%).
Directors
According to the 2025 annual accounts
Gregorius Aertssen
Director
Also active at: NEWMO HAREN, Aertssen Infra, NEWMO, AERTSSEN SERVICES, WILLY CROMMEN, AERTSSEN TRANSPORT, AERTSSEN GROUP, Smeyers +27 more
since 2022 · until 2026
since 2022 · until 2026
Eric Electeur
Managing director
Also active at: HIGH STARS COMPANY, STUER CONTAINERDIENST, BRUCO TRANSPORT, ATELIER MILLEVACHES, Mels Ecologistic Services, Ela, ELA INVEST, BRUCO SUD +4 more
since 2026 · until 2032
since 2026 · until 2032
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oud Broek 12
2940 Stabroek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →SAKKA
€ 279,811 gross margin · 2025
Ela same network
€ 469,457 gross margin · 2024
ELA INVEST same network
€ 1.5 million gross margin · 2025
SARIC
ABRJ
+4 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
- 0464.406.801
- VAT number
- BE 0464.406.801
- Registered office
- Oud Broek 12, 2940 Stabroek
- Names & denominations
- Newmo Westerlo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 1998
- Peppol
- Active · Active since 8 Jun 2026
- Activities · NACE
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