ACTIVE

NEW GROUND PROJECTS

Financial year 2025 · closed on 31/12/2025
Net result
-42,9 k €
-200.5% YoY
Gross margin
16,5 k €
-87.6% YoY
Equity
6,5 k €
-86.9% YoY

What does NEW GROUND PROJECTS do?

NEW GROUND PROJECTS is a Private limited company incorporated in 2021. Its registered office is in Tongeren-Borgloon.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0769.566.227
Incorporation
10/06/2021
Legal form
Private limited company
Registered office
Vrijheidweg 10
3700 Tongeren-Borgloon · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Signals
Good liquidityPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin16,5 k €133,7 k €95,1 k €-3,5 k €
EBITDA16,3 k €132,7 k €95 k €-3,5 k €
Operating result16,3 k €132,7 k €95 k €-3,5 k €
Net result-42,9 k €42,7 k €16,9 k €-20,3 k €
Balance sheet
Equity6,5 k €49,4 k €6,7 k €-10,3 k €
Total assets1,7 M €1,6 M €1,4 M €2 M €
Cash16 k €38,9 k €47 k €9,2 k €
Debts1,7 M €1,5 M €1,4 M €2 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 4 ended

Active mandates

FLORES

Director · 0504.868.865

Represented by Kim Strauven

Active
M. BOSTYN

Director · 0808.582.003

Represented by Maarten Bostyn

Active
MATSTA

Director · 0697.754.157

Represented by Patrick Stas

Active

Ended mandates

FLORES

Director · 0504.868.865

Represented by Kim STRAUVEN

Ended
FLORES

Director · 0504.868.865

Represented by Kim STRAUVEN

Ended
M. BOSTYN

Director · 0808.582.003

Represented by Maarten BOSTYN

Ended
MATSTA

Director · 0697.754.157

Represented by Patrick STAS

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202309/06/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months19 months
Filing date03/08/202607/08/202527/08/202413/07/2023
General meeting03/08/202606/08/202527/08/202413/07/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202503/08/202603/08/2026DutchPDF
Abridged model31/12/202406/08/202507/08/2025DutchPDF
Abridged model31/12/202327/08/202427/08/2024DutchPDF
Abridged model31/12/202213/07/202313/07/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 3 active · 4 ended

Active mandates

FLORES

Director · 0504.868.865

Represented by Kim Strauven

Active
M. BOSTYN

Director · 0808.582.003

Represented by Maarten Bostyn

Active
MATSTA

Director · 0697.754.157

Represented by Patrick Stas

Active

Ended mandates

FLORES

Director · 0504.868.865

Represented by Kim STRAUVEN

Ended
FLORES

Director · 0504.868.865

Represented by Kim STRAUVEN

Ended
M. BOSTYN

Director · 0808.582.003

Represented by Maarten BOSTYN

Ended
MATSTA

Director · 0697.754.157

Represented by Patrick STAS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/06/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-42,9 k €
  2. 2024
    Annual accounts 202442,7 k €
  3. 2023
    Annual accounts 202316,9 k €
  4. 2022
    Annual accounts 2022-20,3 k €
  5. 10/06/2021
    IncorporationPrivate limited company