OPENING OF BANKRUPTCY

NEWWORK BELGIUM

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-63,4 k €+37,5 %over 1 year
Gross margin223,5 k €+164,5 %over 1 year
Equity-55,3 k €-778,2 %over 1 year

Identity

Source · BCE/KBO

NEWWORK BELGIUM is a Public limited company incorporated in 1993. Its main activity is: Manufacture of other outerwear. Its registered office is in Welkenraedt.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0450.781.566
Incorporation
28/08/1993
Legal form
Public limited company
Registered office
Rue Trois Bourdons 31
4840 Welkenraedt · WallonieSee on map
Contributed capital
65 000,00 €
Latest accounts
31/12/2023
Joint committees (2)
  • 109
  • 215
Signals
Good liquidityPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20232022202120192018
Income statement
Gross margin223,5 k €84,5 k €101 k €40,7 k €22,9 k €
EBITDA29,3 k €-49,1 k €5,8 k €4,2 k €-16,4 k €
Operating result-21,4 k €-83,4 k €-16 k €-12 k €-32,1 k €
Net result-63,4 k €-101,4 k €-24,4 k €-19,3 k €-38,9 k €
Balance sheet
Equity-55,3 k €8,1 k €149,6 k €48,7 k €68 k €
Total assets887 k €814,6 k €548,8 k €315,1 k €308,7 k €
Cash11,6 k €65,9 k €148 k €124,4 k €4,9 k €
Debts942,2 k €806,4 k €399,2 k €266,4 k €240,7 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 15 ended

Active mandates

ORITEX

Director · since 16 juin 2016 · 0861.522.425

Represented by Orinel RICHARD VICTOR

Active

Ended mandates

ORITEX

Director · since 02 mai 2016 · 0861.522.425

Represented by Richard ORINEL

Ended
Bernard CROUQUET

Managing director · since 01 juin 2012 · until 31 mai 2018

Ended
Carine CROUQUET

Director · since 01 juin 2012 · until 31 mai 2018

Ended
Bernard CROUQUET

Managing director · since 04 mai 2012 · until 04 mai 2018

Ended

Other companies at this address

Rue Trois Bourdons 31 4840 Welkenraedt
CompanyCBE no.
ORITEX● Active
0861.522.425

Full financial information

Source · NBB
202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/10/202431/10/202307/11/202230/07/202129/07/202027/08/2019
General meeting04/10/202431/10/202306/05/202207/05/202101/05/202003/05/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202304/10/202410/10/2024FrenchPDF
Micro model31/12/202231/10/202331/10/2023FrenchPDF
Micro modelCorrection31/12/202106/05/202207/11/2022FrenchPDF
Micro model31/12/202106/05/202231/08/2022FrenchPDF
Micro model31/12/202007/05/202130/07/2021FrenchPDF
Micro model31/12/201901/05/202029/07/2020FrenchPDF
Micro model31/12/201803/05/201927/08/2019FrenchPDF
Micro model31/12/201704/05/201831/08/2018FrenchPDF
Micro model31/12/201605/05/201719/06/2017FrenchPDF
Abridged model31/12/201501/05/201631/05/2016FrenchPDF
Abridged model31/12/201401/05/201521/08/2015FrenchPDF
Abridged model31/12/201302/05/201426/08/2014FrenchPDF
Abridged model31/12/201203/05/201326/08/2013FrenchPDF
Abridged model31/12/201104/05/201231/08/2012FrenchPDF
Abridged model31/12/201006/05/201131/08/2011FrenchPDF
Abridged model31/12/200907/05/201027/07/2010FrenchPDF
Abridged model31/12/200808/05/200922/07/2009FrenchPDF
Abridged model31/12/200702/05/200827/08/2008FrenchPDF
Abridged model31/12/200601/06/200730/08/2007FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

1 active · 15 ended

Active mandates

ORITEX

Director · since 16 juin 2016 · 0861.522.425

Represented by Orinel RICHARD VICTOR

Active

Ended mandates

ORITEX

Director · since 02 mai 2016 · 0861.522.425

Represented by Richard ORINEL

Ended
Bernard CROUQUET

Managing director · since 01 juin 2012 · until 31 mai 2018

Ended
Carine CROUQUET

Director · since 01 juin 2012 · until 31 mai 2018

Ended
Bernard CROUQUET

Managing director · since 04 mai 2012 · until 04 mai 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other27/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates06/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/06/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office05/02/2016
    SIEGE SOCIAL
    PDF
  • Other22/01/2015
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates27/09/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2006
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares14/04/2004
    ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-63,4 k €↑
  2. 2022
    Annual accounts 2022-101,4 k €↓
  3. 2021
    Annual accounts 2021-24,4 k €↓
  4. 2019
    Annual accounts 2019-19,3 k €↑
  5. 2018
    Annual accounts 2018-38,9 k €↓
  6. 2017
    Annual accounts 201711,3 k €↓
  7. 2016
    Annual accounts 201616,1 k €↑
  8. 2015
    Annual accounts 201511,1 k €↑
  9. 2014
    Annual accounts 2014-50,7 k €↓
  10. 2013
    Annual accounts 2013828 €↑
  11. 2012
    Annual accounts 2012-8,6 k €↓
  12. 2011
    Annual accounts 2011-4,1 k €↓
  13. 2010
    Annual accounts 20102,4 k €↓
  14. 2009
    Annual accounts 20099,8 k €↑
  15. 2008
    Annual accounts 2008-14,7 k €↓
  16. 2007
    Annual accounts 20074,8 k €↑
  17. 2006
    Annual accounts 20061,9 k €
  18. 28/08/1993
    IncorporationPublic limited company