ACTIVE

THENEWPUB

Financial year 2025 · closed on 31/12/2025
Net result
8,1 k €
+120.0% YoY
Gross margin
63,2 k €
+526.8% YoY
Equity
-300,7 k €
+2.6% YoY

What does THENEWPUB do?

THENEWPUB is a Public limited company incorporated in 2015. Its main activity is: Book publishing. Its registered office is in Anderlecht.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0630.657.079
Incorporation
18/05/2015
Legal form
Public limited company
Registered office
Rue Bara 173-177
1070 Anderlecht · BruxellesSee on map
Contributed capital
198 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin63,2 k €10,1 k €260,5 k €42,9 k €86,5 k €81,6 k €
EBITDA9 k €-38,5 k €211,2 k €-3,5 k €35 k €-20,5 k €-84 k €-138,2 k €-69,6 k €-313,8 k €
Operating result8,2 k €-39,8 k €210,4 k €-4,3 k €55,6 k €-2,9 k €-135,7 k €-159,2 k €-86,3 k €-339,2 k €
Net result8,1 k €-40,2 k €210 k €-4,4 k €55,7 k €-3,8 k €-136,6 k €-160,1 k €-86,7 k €-340,7 k €
Balance sheet
Equity-300,7 k €-308,7 k €-268,5 k €-478,5 k €-474,1 k €-529,8 k €-526 k €-389,4 k €-229,4 k €-142,7 k €
Total assets166,4 k €140,1 k €80,2 k €124,7 k €134,8 k €113,1 k €163,7 k €197,9 k €198,8 k €172,4 k €
Cash4 k €4,5 k €6,1 k €53,3 k €34,6 k €65,2 k €43 k €71,5 k €17,6 k €45,7 k €
Debts368,9 k €347,4 k €257,4 k €503,3 k €525,8 k €566,9 k €597,8 k €490,2 k €340,7 k €246,9 k €
Other
Workforce2,0 ETP2,0 ETP1,5 ETP2,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Kal Ladha

Director · since 28 avril 2021 · until 28 avril 2027

Active
Warzée Philippe

Director · since 28 avril 2021 · until 28 avril 2027

Active

Ended mandates

Franck Papazian

Director · since 28 avril 2021 · until 31 décembre 2023

Ended
Franck PAPAZIAN

Director · since 28 avril 2021 · until 28 avril 2027

Ended
Philippe WARZEE

Managing director · since 28 avril 2021 · until 28 avril 2027

Ended
Kal LADHA

Chairman of the board of directors · since 01 janvier 2019 · until 28 avril 2021

Ended
At this address

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BUILDWINDActive
0687.548.074
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Dimitri BorreyActive
0829.360.193
MediaRescueActive
0778.851.305
PEPIBRUActive
0865.666.404
PEPICENTREActive
0844.875.443
RT GROUPEActive
0762.623.995
TREENITY SOLUTIONSBankrupt
0876.666.994
VANGARDEActive
0606.998.977
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/09/202631/07/202528/06/202426/06/202316/06/202213/10/2021
General meeting07/09/202626/06/202514/05/202414/06/202315/06/202228/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202507/09/202610/09/2026FrenchPDF
Micro model31/12/202426/06/202531/07/2025FrenchPDF
Micro model31/12/202314/05/202428/06/2024FrenchPDF
Micro model31/12/202214/06/202326/06/2023FrenchPDF
Micro model31/12/202115/06/202216/06/2022FrenchPDF
Micro model31/12/202028/04/202113/10/2021FrenchPDF
Full model31/12/201920/11/202030/11/2020FrenchPDF
Full model31/12/201822/05/201921/06/2019FrenchPDF
Full modelCorrection31/12/201724/05/201801/06/2018FrenchPDF
Full model31/12/201725/04/201809/05/2018FrenchPDF
Full model31/12/201626/04/201730/05/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 16 ended

Active mandates

Kal Ladha

Director · since 28 avril 2021 · until 28 avril 2027

Active
Warzée Philippe

Director · since 28 avril 2021 · until 28 avril 2027

Active

Ended mandates

Franck Papazian

Director · since 28 avril 2021 · until 31 décembre 2023

Ended
Franck PAPAZIAN

Director · since 28 avril 2021 · until 28 avril 2027

Ended
Philippe WARZEE

Managing director · since 28 avril 2021 · until 28 avril 2027

Ended
Kal LADHA

Chairman of the board of directors · since 01 janvier 2019 · until 28 avril 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/07/2024
    Démission administrateur :
    PDF
  • Mandates11/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office24/03/2021
    SIEGE SOCIAL
    PDF
  • Mandates08/12/2020
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/01/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/11/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/07/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/01/2016
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20258,1 k €
  2. 2024
    Annual accounts 2024-40,2 k €
  3. 2023
    Annual accounts 2023210 k €
  4. 2022
    Annual accounts 2022-4,4 k €
  5. 2021
    Annual accounts 202155,7 k €
  6. 2020
    Annual accounts 2020-3,8 k €
  7. 2019
    Annual accounts 2019-136,6 k €
  8. 2018
    Annual accounts 2018-160,1 k €
  9. 2017
    Annual accounts 2017-86,7 k €
  10. 2016
    Annual accounts 2016-340,7 k €
  11. 18/05/2015
    IncorporationPublic limited company