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 25 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
NEWPORT PROJECTS from Nieuwpoort, company number BE0723426097, closed financial year 2024 with a result of € 79,142 after tax. For that financial year NEWPORT PROJECTS recorded a gross margin of € 126,063 and equity of € 46,633. Compared with financial year 2023, the result moved from € -34,929 to € 79,142. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 46,633
▲ € 79,142 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,142
▲ still € 34,929 loss in 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 26,633.
Debts at end 2024
€ 337,073
▼ 45% vs 2023
Loans from banks and other lenders, long and short.
€ 4,180
▼ 77% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,597
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 80,741 | € -25,672 | € 18,211 | € 126,063 | ▲ € 107,852 |
| Profit after taxes | € 68,302 | € -57,663 | € -34,929 | € 79,142 | ▲ € 114,071 |
| Equity | € 60,083 | € 2,420 | € -32,509 | € 46,633 | ▲ € 79,142 |
| Total debts | € 19,075 | € 855,203 | € 849,442 | € 570,134 | ▼ 33% |
| Land & buildings | - | € 780,624 | € 763,637 | € 465,034 | ▼ 39% |
| Retained profit | € 40,083 | € -17,580 | € -52,509 | € 26,633 | ▲ € 79,142 |
| Bank debt | € 223 | € 626,344 | € 608,929 | € 337,073 | ▼ 45% |
| Balance sheet total | € 79,158 | € 857,623 | € 816,933 | € 616,766 | ▼ 25% |
Key figures of NEWPORT PROJECTS, 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 NEWPORT PROJECTS?
What happened at NEWPORT PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 79,142. filed late Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,302 profit in 2021 to € 79,142 profit in 2024.
Paid € 13,339 in corporate taxes since 2021.
Best year ever: 2024, with € 79,142 profit.
Management
Behind NEWPORT PROJECTS is Philip Pattyn. Philip Pattyn is also behind GROUP PATTYN, BEMA-PROJECTS, IMMO PADIVA, Mare Projects and Fresh Food Pattyn.
Directors
According to the 2024 annual accounts
Philip Pattyn
Director
Also active at: GROUP PATTYN, BEMA-PROJECTS, IMMO PADIVA, Mare Projects, Fresh Food Pattyn
Establishments
Establishment units
Physical locations of this company
Guido Gezelleplein 1
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0723.426.097
- VAT number
- BE 0723.426.097
- Registered office
- Guido Gezelleplein 1, 8620 Nieuwpoort
- Names & denominations
- NEWPORT PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2019
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Algemene bouw van residentiële gebouwen
Handel in eigen onroerend goed
Activiteiten van hoofdkantoren