About New Ground Projects
New Ground Projects is a private limited company (BV/SRL) based in Tongeren-Borgloon, founded in 2021. For the 2025 financial year, New Ground Projects reported a loss of €42,901. A year earlier, in 2024, it still made a profit of €42,700. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €16,532, down 88% on 2024. Equity stands at €6,456, a solvency ratio of 0.4%. 4 annual accounts are available, covering 2022 to 2025.
- Activities
- Signals
-
Reporting lossesReporting losses € -43K
The company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -43KOperating cash flow was negative in the latest financial year.
High debtHigh debt 134.8%The long-term debt ratio is high (> 50%).
Good liquidityGood liquidity 2.11A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive EBITDAPositive EBITDA € 16KPositive EBITDA: operating activities are profitable.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
17K
|
€
134K
|
€
95K
|
€
-3K
|
|
|
€
16K
|
€
133K
|
€
95K
|
€
-4K
|
|
|
€
-43K
|
€
43K
|
€
17K
|
€
-20K
|
|
|
€
6K
|
€
49K
|
€
7K
|
€
-10K
|
|
|
0.39%
|
3.13%
|
0.47%
|
-0.52%
|
|
|
€
1.66M
|
€
1.53M
|
€
1.41M
|
€
1.99M
|
|
|
€
16K
|
€
39K
|
€
47K
|
€
9K
|
Publications 1
All publicationsFrequently asked questions
Answers to the most common questions about New Ground Projects, based on official government data and the filed annual accounts.
What is the VAT number of New Ground Projects?
The VAT number of New Ground Projects is BE0769.566.227.
When was New Ground Projects established?
New Ground Projects was founded in 10-06-2021.
What is the official address of New Ground Projects?
The official address of New Ground Projects is Vrijheidweg 10 Tongeren-Borgloon 3700.
What is the legal form of New Ground Projects?
The juridical form of New Ground Projects is Private limited company (BV/SRL).
What is the annual revenue of New Ground Projects?
The 2025 accounts of New Ground Projects do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is New Ground Projects a reliable company?
New Ground Projects is a registered Rechtspersoon with company number 0769.566.227 and can be verified through the official CBE database.
What is the credit limit of New Ground Projects?
The estimated credit limit of New Ground Projects is €13,714.
Is New Ground Projects still active?
New Ground Projects currently has the status "Normal situation" and is active.