Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
New Start Property from Ramillies, company number BE0760793467, closed financial year 2025 with a result of € -2,553 after tax. For that financial year New Start Property recorded a gross margin of € 77,896 and equity of € 36,694. Compared with financial year 2024, the result moved from € -3,843 to € -2,553. 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 August 26, 2026.
€ 36,694
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,553
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,909
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 11,694.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 65,238
▼ 1% 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.
€ 13,069
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,084
▼ 28% vs 2024
€ 19,722 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 50,767
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,483
▲ € 5,344 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 | |
|---|---|---|---|---|---|
| Gross margin | € 125,210 | € 122,613 | € 76,261 | € 77,896 | ▲ 2% |
| Profit after taxes | € 17,744 | € 2,622 | € -3,843 | € -2,553 | ▲ € 1,290 |
| Equity | € 40,468 | € 43,089 | € 39,247 | € 36,694 | ▼ 7% |
| Total debts | € 84,547 | € 146,975 | € 175,601 | € 139,846 | ▼ 20% |
| Cash | € 18,050 | € 7,221 | € 10,671 | € 1,909 | ▼ 82% |
| Retained profit | € 15,468 | € 18,089 | € 14,247 | € 11,694 | ▼ 18% |
| Bank debt | € 41,012 | € 31,813 | € 62,759 | € 45,084 | ▼ 28% |
| Balance sheet total | € 125,015 | € 190,064 | € 214,847 | € 176,540 | ▼ 18% |
Key figures of New Start Property, 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 New Start Property?
What happened at New Start Property in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,553. filed late Source: NBB ↗
- New establishment in Ramillies. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,744 profit in 2022 to € 2,553 loss in 2025.
Paid € 3,979 in corporate taxes since 2022.
Best year ever: 2022, with € 17,744 profit.
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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 stake of Magellan Immo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
New Start PropertyBehind New Start Property are Matthew VANDERSTRAETEN and MAGELLAN IMMO SRL. The shares are held by Magellan Immo (49%).
Directors
According to the 2025 annual accounts
Director · represented by Jeremy VANDERSTRAETEN
Shareholders
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Armand Guerlache 16
1367 Ramillies
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0760.793.467
- VAT number
- BE 0760.793.467
- Registered office
- Rue Armand Guerlache 16, 1367 Ramillies
- Names & denominations
- New Start Property
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2021
- Peppol
- Active · Active since 10 Jun 2025
- Activities · NACE
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