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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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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 30 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.8 to 0.
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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
NEW EGEMA from Ukkel, company number BE0873185585, closed financial year 2024 with a result of € -364,756 after tax. For that financial year NEW EGEMA recorded a gross margin of € -86,059 and equity of € -3.3 million. Compared with financial year 2023, the result moved from € -596,272 to € -364,756. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ -3.3 million
▼ € 364,756 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -364,756
▲ 39 % less loss than in 2023
Profit after tax over the fiscal year.
€ 2,169
▲ 269% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.4 million.
People and assets in 2024
0
▼ 3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 93,413
▼ 49% vs 2023
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 2024
None
No bank loans on the last day of the fiscal year.
€ 902,276
▲ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,244
▼ 95% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 365,486 | € 25,019 | € 0 | - | |
| Gross margin | - | - | - | € -86,059 | |
| Profit after taxes | € -426,348 | € -517,219 | € -596,272 | € -364,756 | ▲ € 231,515 |
| Equity | € -1,866,747 | € -2,383,966 | € -2,980,237 | € -3,344,994 | ▼ € 364,756 |
| Total debts | € 2,413,624 | € 2,782,157 | € 3,337,706 | € 3,770,591 | ▲ 13% |
| Cash | € 17,061 | € 21,772 | € 588 | € 2,169 | ▲ 269% |
| Land & buildings | € 6,740 | € 5,790 | € 6,681 | € 8,932 | ▲ 34% |
| Retained profit | € -1,885,347 | € -2,402,566 | € -2,998,837 | € -3,363,594 | ▼ € 364,756 |
| Bank debt | € 1,748,816 | € 105 | € 0 | € 0 | |
| Balance sheet total | € 546,877 | € 398,191 | € 357,468 | € 425,597 | ▲ 19% |
| Employees (FTE) | 5.6 | 3.8 | 3 | 0 | ▼ 3 |
Key figures of NEW EGEMA, 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 NEW EGEMA?
What happened at NEW EGEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
NEW EGEMA is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 364,756. filed late Source: NBB ↗
- MANAGEMENT GESTION & SERVICES SRL became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Eupen. KBO
In short
From € 426,348 loss in 2021 to € 364,756 loss in 2024.
Management
The stake of Eupen Shopping Center comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NEW EGEMABehind NEW EGEMA is MANAGEMENT GESTION & SERVICES SRL. The shares are held by Eupen Shopping Center (99%).
Directors
According to the 2024 annual accounts
MANAGEMENT GESTION & SERVICES SRL
Director · represented by Gérald Hibert
Also active at: Immobilière de la Toison d'Or, Société d'Etudes et de Réalisations de la Galerie Louise, SOFONA, Immobilière Cordier, AGRIFOR, SINACO, IMMOBILIERE CHAMBERY, FAVOS +35 more
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1135
1180 Ukkel
Werthplatz 4-8
4700 Eupen
Active since 12 April 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
All companies at this address →Immobilière de la Toison d'Or same network
€ 1.4 million revenue · 2024
Société d'Etudes et de Réalisations de la Galerie Louise same network
€ 254,653 revenue · 2024
SOFONA same network
€ 2.4 million revenue · 2024
Immobilière Cordier same network
€ 99,592 gross margin · 2024
AGRIFOR same network
€ 652,273 gross margin · 2024
+53 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
- 0873.185.585
- VAT number
- BE 0873.185.585
- Registered office
- Waterloosesteenweg 1135, 1180 Ukkel
- Names & denominations
- NEW EGEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 14 April 2005
- Peppol
- Active · Active since 11 Jan 2026
- Activities · NACE
Schrijnwerk
Overige bouwinstallatie
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van keukenmeubelen
Sanitaire werkzaamheden
Overige bouwinstallatie, n.e.g.