Financials
Financial year 2025
NewCort from Brussel, company number BE0473648327, closed financial year 2025 with a result of € -37,032 after tax. For that financial year NewCort recorded revenue of € 1.2 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 350,220 to € -37,032. 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 July 1, 2026.
€ 4 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,032
▼ still € 350,220 profit in 2024
Profit after tax over the fiscal year.
€ 4.2 million
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 144,277.
Debts at end 2025
€ 12.1 million
Loans from banks and other lenders, long and short.
€ 195,804
▲ 264% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 294 days on average.
€ 29,151
▲ € 23,674 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,253,964 | € 1,251,752 | € 1,235,729 | € 1,156,940 | ▼ 6% |
| Profit after taxes | € 372,432 | € 312,930 | € 350,220 | € -37,032 | ▼ € 387,251 |
| Equity | € 5,024,442 | € 4,024,442 | € 4,024,442 | € 3,987,411 | ▼ 1% |
| Total debts | € 13,138,076 | € 12,941,305 | € 13,116,586 | € 12,716,926 | ▼ 3% |
| Cash | € 4,835,966 | € 3,870,535 | € 4,347,053 | € 4,213,334 | ▼ 3% |
| Land & buildings | € 12,461,811 | € 12,031,409 | € 11,612,913 | € 11,178,032 | ▼ 4% |
| Retained profit | € 181,309 | € 181,309 | € 181,309 | € 144,277 | ▼ 20% |
| Dividend | € 372,432 | € 312,930 | € 350,220 | € 0 | ▼ 100% |
| Bank debt | € 12,100,000 | € 12,100,000 | € 12,100,000 | € 12,100,000 | |
| Balance sheet total | € 18,162,518 | € 16,965,747 | € 17,141,028 | € 16,704,337 | ▼ 3% |
Key figures of NewCort, 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 NewCort?
What happened at NewCort in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Axel Ceusters stepped down as director. NBB
- Marc Gärtner stepped down as director. NBB
- Laurence Simillon stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 37,032 (▼ € 387,251 vs 2024). Source: NBB ↗
- Axel Ceusters became a director. NBB
- Marc Gärtner became a director. NBB
- Laurence Simillon became a director. NBB
- New establishment in Brussel. KBO
In short
From € 372,432 profit in 2022 to € 37,032 loss in 2025.
Paid € 206,594 in corporate taxes since 2022.
Best year ever: 2022, with € 372,432 profit.
Paid out € 1 million in dividends to the owners in total.
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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 shares are held by Union Investment Institutional Property GmbH - Belgian Branch (100%) and Defo Immobilienfonds 1 V GmbH (0%).
Directors
According to the 2025 annual accounts
Marc Gärtner
Director
since 2024 · until 2030
Laurence Simillon
Director
since 2024 · until 2030
Axel Ceusters
Director
since 2025 · until 2031
Shareholders
Defo Immobilienfonds 1 V GmbH
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 54
1050 Brussel
Louizalaan 65 box 12
1050 Brussel
Active since 25 January 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.648.327
- VAT number
- BE 0473.648.327
- Registered office
- Louizalaan 54, 1050 Brussel
- Names & denominations
- NewCort
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2000
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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