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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NEWCO 49 from Liège, company number BE0733900713, closed financial year 2025 with a result of € -60,117 after tax. For that financial year NEWCO 49 recorded a gross margin of € 60,027 and equity of € 132,288. Compared with financial year 2024, the result moved from € 6,392 to € -60,117. 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 20, 2026.
€ 132,288
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,117
▼ still € 6,392 profit in 2024
Profit after tax over the fiscal year.
€ 14,543
▲ € 12,130 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 131,288.
People and assets in 2025
0.8
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 36,127
▲ 81% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 460,363
▼ 11% vs 2024
€ 58,180 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 22,488
Supplier invoices still open on the last day of the fiscal year.
€ 6,564
▲ 145% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,209 | € 74,886 | € 103,105 | € 60,027 | ▼ 42% |
| Profit after taxes | € 67,015 | € -4,886 | € 6,392 | € -60,117 | ▼ € 66,508 |
| Equity | € 190,899 | € 186,013 | € 192,405 | € 132,288 | ▼ 31% |
| Total debts | € 277,463 | € 730,868 | € 809,505 | € 838,848 | ▲ 4% |
| Cash | € 6,882 | € 13,561 | € 2,412 | € 14,543 | ▲ € 12,130 |
| Land & buildings | € 326,630 | € 668,449 | € 716,089 | € 678,846 | ▼ 5% |
| Retained profit | € 189,899 | € 185,013 | € 191,405 | € 131,288 | ▼ 31% |
| Bank debt | € 28,432 | € 500,099 | € 516,162 | € 460,363 | ▼ 11% |
| Balance sheet total | € 468,362 | € 916,881 | € 1,001,910 | € 971,136 | ▼ 3% |
| Employees (FTE) | 0.4 | 0.4 | 0.4 | 0.8 | ▲ 0.4 |
Key figures of NEWCO 49, 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 NEWCO 49?
What happened at NEWCO 49 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 60,117 (▼ € 66,508 vs 2024). filed late Source: NBB ↗
- NOVEMAX SRL became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,015 profit in 2022 to € 60,117 loss in 2025.
Paid € 21,193 in corporate taxes since 2022.
Best year ever: 2022, with € 67,015 profit.
Management
The stake of NUCERA INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NEWCO 49Behind NEWCO 49 is NOVEMAX SRL. The shares are held by NUCERA INVEST (100%). It owns 50% of Immo VV4 itself.
Directors
According to the 2025 annual accounts
Administrateur · represented by Massimo NUCERA
Also active at: DR LOGISTICS, NOVIMA, IMMO VV4, BNF CARS, IMMO SOLVAY, CDN AUTOMOBILES, IMMO CHENEE, ADS H24 +3 more
since 2022
Shareholders
100%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Rue de Namur 23
4000 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0733.900.713
- VAT number
- BE 0733.900.713
- Registered office
- Rue de Namur 23, 4000 Liège
- Names & denominations
- NEWCO 49
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2019
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- +3242229696
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen