ACTIVE

Newcore

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Financial year 2025 · closed on 31/12/2025
Net result
6,1 k €
-24.2% YoY
Gross margin
6,9 k €
-21.9% YoY
Equity
50 k €
+13.8% YoY

What does Newcore do?

Newcore is a Public limited company incorporated in 2012. Its main activity is: Manufacture of articles of paper and paperboard. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0847.717.048
Incorporation
11/07/2012
Legal form
Public limited company
Registered office
Industrieweg 122 box H
9032 Gent · FlandreSee on map
Contributed capital
120 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
17250Manufacture of articles of paper and paperboard· main17290Manufacture of other articles of paper and paperboard46493Wholesale of other household goods46493Wholesale of other household goods46649Wholesale of machinery for the textile industry and of sewing and knitting machines46699Wholesale of other machinery and equipment+2
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin6,9 k €8,9 k €9,5 k €16,3 k €8 k €124 €3,4 k €80 €23,2 k €17,4 k €8 k €-307 €-36,4 k €
EBITDA6,4 k €8,3 k €8,9 k €15,8 k €7,2 k €5 €3 k €-398 €22,8 k €16,9 k €7,6 k €-790 €-37,5 k €
Operating result6,4 k €8,3 k €8,9 k €6,8 k €-4,8 k €-12 k €-9 k €-12,4 k €10,8 k €4,9 k €-4,4 k €-12,8 k €-52,5 k €
Net result6,1 k €8 k €8,8 k €6,6 k €-5 k €-12,2 k €-9,1 k €-12,7 k €9,9 k €3,6 k €-5,8 k €-14,3 k €-53,9 k €
Balance sheet
Equity50 k €44 k €36 k €27,2 k €20,6 k €25,6 k €37,8 k €46,8 k €59,5 k €49,6 k €46 k €51,8 k €66,1 k €
Total assets51,6 k €44 k €36,6 k €28,9 k €26,9 k €25,6 k €37,8 k €49,4 k €64,6 k €72,1 k €88 k €93,3 k €112,7 k €
Cash–40,4 k €34,3 k €27,2 k €14,6 k €1,3 k €1,4 k €2,1 k €4,6 k €422 €15 €292 €1,3 k €
Debts1,6 k €49 €581 €1,7 k €6,4 k €27 €–2,6 k €5,2 k €22,5 k €42 k €41,5 k €46,5 k €
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 · 1 active · 7 ended

Active mandates

ALLSORTS

Mandate · 0448.379.134

Active

Ended mandates

OY Core Handling Limited

Director · since 13 septembre 2012 · until 14 juin 2019

Represented by Panu Riikonen

Ended
OY Core Handling Limited

Director · since 13 septembre 2012 · until 13 juin 2025

Represented by Panu Riikonen

Ended
ALLSORTS

Managing director · since 11 juillet 2012 · until 14 juin 2019 · 0448.379.134

Represented by Wim Delforche

Ended
ALLSORTS

Managing director · since 11 juillet 2012 · until 13 juin 2025 · 0448.379.134

Represented by Wim Delforche

Ended
At this address

Other companies at this address

CompanyCBE no.
Abc Pack Solutions● Active
0416.158.902
ALLSORTS● Active
0448.379.134
Any Production● Active
0670.821.811
BFH PROTECTION● Active
0458.107.937
DAKWERKEN WESLEY HEBBELINCK● Active
0891.563.622
DILIGENTIA UITGEVERIJ● Active
0478.140.219
DOE VOORT● Active
0838.917.564
GROUP ALBORO● Active
0831.037.305
GROUP UCS● Active
0880.332.606
KARAKUS● Bankrupt
0881.802.551
KEREM● Bankrupt
0546.950.732
MATRATEX● Active
0862.628.324
OVOO● Bankrupt
0790.368.470
RE-GENT● Active
1033.461.853
STRUBOR● Active
0669.806.279
VALCUN● Active
0665.580.445
VALPROMIC● Active
0641.961.737
WICO● Active
0478.871.875
YEET! SHARED 14● Active
0763.582.119
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged 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 date10/07/202614/07/202510/07/202431/07/202317/07/202213/07/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/06/202610/07/2026DutchPDF
Micro model31/12/202413/06/202514/07/2025DutchPDF
Micro model31/12/202314/06/202410/07/2024DutchPDF
Micro model31/12/202209/06/202331/07/2023DutchPDF
Abridged model31/12/202110/06/202217/07/2022DutchPDF
Abridged model31/12/202011/06/202113/07/2021DutchPDF
Abridged model31/12/201912/06/202011/07/2020DutchPDF
Abridged model31/12/201814/06/201907/07/2019DutchPDF
Abridged model31/12/201708/06/201815/07/2018DutchPDF
Abridged model31/12/201630/06/201723/07/2017DutchPDF
Abridged model31/12/201510/06/201618/06/2016DutchPDF
Abridged model31/12/201412/06/201531/08/2015DutchPDF
Abridged model31/12/201313/06/201409/10/2014DutchPDF
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 · 1 active · 7 ended

Active mandates

ALLSORTS

Mandate · 0448.379.134

Active

Ended mandates

OY Core Handling Limited

Director · since 13 septembre 2012 · until 14 juin 2019

Represented by Panu Riikonen

Ended
OY Core Handling Limited

Director · since 13 septembre 2012 · until 13 juin 2025

Represented by Panu Riikonen

Ended
ALLSORTS

Managing director · since 11 juillet 2012 · until 14 juin 2019 · 0448.379.134

Represented by Wim Delforche

Ended
ALLSORTS

Managing director · since 11 juillet 2012 · until 13 juin 2025 · 0448.379.134

Represented by Wim Delforche

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2012
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/08/2012
    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 20256,1 k €↓
  2. 2024
    Annual accounts 20248 k €↓
  3. 2023
    Annual accounts 20238,8 k €↑
  4. 2022
    Annual accounts 20226,6 k €↑
  5. 2021
    Annual accounts 2021-5 k €↑
  6. 2020
    Annual accounts 2020-12,2 k €↓
  7. 2019
    Annual accounts 2019-9,1 k €↑
  8. 2018
    Annual accounts 2018-12,7 k €↓
  9. 2017
    Annual accounts 20179,9 k €↑
  10. 2016
    Annual accounts 20163,6 k €↑
  11. 2015
    Annual accounts 2015-5,8 k €↑
  12. 2014
    Annual accounts 2014-14,3 k €↑
  13. 2013
    Annual accounts 2013-53,9 k €
  14. 11/07/2012
    IncorporationPublic limited company