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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NEW GROUND PROJECTS from Tongeren-Borgloon, company number BE0769566227, closed financial year 2025 with a result of € -42,901 after tax. For that financial year NEW GROUND PROJECTS recorded a gross margin of € 16,532 and equity of € 6,456. Compared with financial year 2024, the result moved from € 42,700 to € -42,901. The company made a loss. The buffer shrank hard: equity is 87 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ 6,456
▼ 87% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,901
▼ still € 42,700 profit in 2024
Profit after tax over the fiscal year.
€ 16,020
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3,544.
Debts at end 2025
€ 1.2 million
▼ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 58,559
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,462
▲ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,459 | € 95,087 | € 133,699 | € 16,532 | ▼ 88% |
| Profit after taxes | € -20,277 | € 16,934 | € 42,700 | € -42,901 | ▼ € 85,601 |
| Equity | € -10,277 | € 6,657 | € 49,357 | € 6,456 | ▼ 87% |
| Total debts | € 1,986,790 | € 1,408,844 | € 1,529,004 | € 1,662,204 | ▲ 9% |
| Cash | € 9,225 | € 46,956 | € 38,902 | € 16,020 | ▼ 59% |
| Retained profit | € -20,277 | € -3,343 | € 39,357 | € -3,544 | ▼ € 42,901 |
| Bank debt | € 1,315,360 | € 733,926 | € 1,255,450 | € 1,183,600 | ▼ 6% |
| Balance sheet total | € 1,976,512 | € 1,415,501 | € 1,578,361 | € 1,668,661 | ▲ 6% |
Key figures of NEW GROUND PROJECTS, 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 GROUND PROJECTS?
What happened at NEW GROUND PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 42,901 (▼ € 85,601 vs 2024). filed late Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,277 loss in 2022 to € 42,901 loss in 2025.
Paid € 14,742 in corporate taxes since 2022.
Best year ever: 2024, with € 42,700 profit.
Management
Behind NEW GROUND PROJECTS are M. Bostyn BV, Flores BV and Matsta BV. The same people are also behind NEW TECH PROJECTS. M. Bostyn BV is also behind ISOLA BELGIUM, BSProjects and BSComfort. Flores BV is also behind ISOLA BELGIUM.
Directors
According to the 2025 annual accounts
Director · represented by Maarten Bostyn
Also active at: ISOLA BELGIUM, BSProjects, NEW TECH PROJECTS, BSComfort
Establishments
Establishment units
Physical locations of this company
Vrijheidweg 10
3700 Tongeren-Borgloon
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ISOLA BELGIUM same network
€ 9.9 million revenue · 2025
BSProjects same network
€ -88 gross margin · 2025
NEW TECH PROJECTS same network
€ 292,346 gross margin · 2025
Isola Energy same network
€ 58,732 gross margin · 2025
Bajato-NTP
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0769.566.227
- VAT number
- BE 0769.566.227
- Registered office
- Vrijheidweg 10, 3700 Tongeren-Borgloon
- Names & denominations
- NEW GROUND PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2021
- Peppol
- Active · Active since 14 Feb 2025