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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
New-Art from Hooglede, company number BE0643838290, closed financial year 2024 with a result of € -115,019 after tax. For that financial year New-Art recorded a gross margin of € -93,008 and equity of € 207,179. Compared with financial year 2023, the result moved from € -32,618 to € -115,019. The company made a loss. 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 November 5, 2024.
€ 207,179
▼ 36% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -115,019
▼ 253 % more loss than in 2023
Profit after tax over the fiscal year.
€ 18,849
▼ 41% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 188,579.
People and assets in 2024
€ 4,474
▼ 43% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 205,000
▲ 37% vs 2023
Loans from banks and other lenders, long and short.
€ 76,933
▲ 195% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 29,163
▲ € 24,708 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 272,248 | € -11,405 | € -93,008 | ▼ € 81,603 |
| Profit after taxes | € 205,246 | € -32,618 | € -115,019 | ▼ € 82,400 |
| Equity | € 354,816 | € 322,198 | € 207,179 | ▼ 36% |
| Total debts | € 34,343 | € 180,907 | € 312,007 | ▲ 72% |
| Cash | € 69,288 | € 31,954 | € 18,849 | ▼ 41% |
| Land & buildings | € 9,752 | € 8,127 | € 6,501 | ▼ 20% |
| Retained profit | € 336,216 | € 303,598 | € 188,579 | ▼ 38% |
| Dividend | € 150,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 150,000 | € 205,000 | ▲ 37% |
| Balance sheet total | € 389,159 | € 503,105 | € 519,187 | ▲ 3% |
Key figures of New-Art, fiscal years 2022 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 October 2025.
What happened to New-Art?
What happened at New-Art in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
New-Art is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 115,019. filed late Source: NBB ↗
- New establishment in Roeselare. KBO
- New establishment in Hooglede. KBO
- Start of the company according to the CBE. KBO
In short
From € 205,246 profit in 2022 to € 115,019 loss in 2024.
Paid € 42,927 in corporate taxes since 2022.
Best year ever: 2022, with € 205,246 profit.
Paid out € 150,000 in dividends to the owners in total.
Management
The stake of ZERROUK MP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
New-ArtBehind New-Art is Zerrouk mp BV. The shares are held by ZERROUK MP (89.8%).
Directors
According to the 2024 annual accounts
Director · represented by Raf Zerrouk
Shareholders
89.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bruggesteenweg 12
8830 Hooglede
Ooststraat 105
8800 Roeselare
Active since 1 March 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0643.838.290
- VAT number
- BE 0643.838.290
- Registered office
- Bruggesteenweg 12, 8830 Hooglede
- Names & denominations
- New-Art
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 December 2015
- Peppol
- Not registered
- Activities · NACE
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