BRASSERIES NOVA

Active

Private limited company (pre-2019)founded 201510 yrs activeJamarlaan 18, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0643.622.219

The file of BRASSERIES NOVA contains 3 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show equity of €26k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 18939 sector peers (fiscal year 2024).

Watch Print / PDF

Checked score

Score 2024

20 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability10▲+9

Solvency43▼-8

Growth55=

Track record60

Bankruptcy probability, 12 months

≥ 25% High

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity tight (current ratio 1.19 against 1.5 in 2023; short-term debt: 82.3% and cash: 29.6% of total assets), and 82.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Recent warning signals

The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.

Belgian State Gazette

Judicial reorganisation on record

A judicial reorganisation is on record, and one often precedes a bankruptcy.

Belgian State Gazette

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

17.7%

Return on assets

-7.2%

Age of the figures

21 mo

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

18192021222324

2018 to 2024 · latest year €-11k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

27 d late

2023

44 d early

2022

41 d early

2021

109 d late

2020

199 d late

2019

45 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€205k▲ 253%

2021 · €58k

2020: €109k 2021: €58k

2020 → 2022

EBIT margin

39.9%▲ 50.6pp

2021 · -10.7%

2020: -6.3% 2021: -10.7%

2020 → 2022

Net result

€-11k▲ 47.6%

2023 · €-20k

2018: €47k 2019: €-32k 2020: €-7k 2021: €-7k 2022: €52k 2023: €-20k

2018 → 2024

Working capital

€23k▼ 51.2%

2023 · €48k

2018: €27k 2019: €2k 2020: €3k 2021: €2k 2022: €57k 2023: €48k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€109k-€58k▼ 46.7%€205k▲ 253%

Equity€12k-€5k▼ 57.0%€57k▲ 1,047%€37k▼ 35.7%€26k▼ 29.1%

Operating result€-7k-€-6k▲ 9.4%€82k€-20k€-10k▲ 51.9%

Net result€-7k-€-7k▲ 8.7%€52k€-20k€-11k▲ 47.6%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €10k in 2024 against €20k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €147k

98.0%

Fixed assets €3k▲ 469%

Current assets €145k▲ 1.3%

Equity and liabilities €147k

17.7%

82.3%

Equity €26k▼ 29.1%

Debt €121k▲ 14.1%

The debt ratio rises from 74.3% to 82.3%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-10k▲

2023 · €-20k

Cash flow

€-11k▲

2023 · €-20k

Solvency

17.7%▼

2023 · 25.7%

Current ratio

1.19▼

2023 · 1.50

Quick ratio

1.17▼

2023 · 1.46

Debt / equity

4.66▲

2023 · 2.90

ROE

-41.0%▲

2023 · -55.4%

ROA

-7.2%▲

2023 · -14.2%

Interest coverage

-9.37▲

2023 · -69.11

Debt

€121k▲

2023 · €106k

Debt ≤ 1 year

€121k▲

2023 · €95k

Staff costs

€9k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€143k€147k▲

Fixed assets21/28€507€3k▲

Tangible fixed assets22/27€121-

Plant, machinery and equipment23€121-

Financial fixed assets28€386€3k▲

Current assets29/58€143k€145k▲

Amounts receivable after more than one year29€4k€97k▲

Trade receivables290€4k€97k▲

Stocks and contracts in progress3€4k€2k▼

Stocks30/36€4k€2k▼

Amounts receivable within one year40/41€104k€1k▼

Trade receivables40€11k€115▼

Other amounts receivable41€93k€1k▼

Cash at bank and in hand54/58€31k€44k▲

Equity and liabilities

Total equity and liabilities10/49€143k€147k▲

Equity10/15€37k€26k▼

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€16k€6k▼

Amounts payable17/49€106k€121k▲

Amounts payable within one year42/48€95k€121k▲

Current portion of amounts payable after more than one year42€974-

Trade debts44€44k€13k▼

Suppliers440/4€44k€13k▼

Taxes, remuneration and social security45€33k€35k▲

Taxes450/3€33k€34k▲

Remuneration and social security454/9-€844

Other amounts payable47/48€17k€73k▲

Accrued charges and deferred income492/3€11k-

Income statement Code20232024

Remuneration, social security and pensions62-€9k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€577€121▼

Other operating charges640/8€9k€7k▼

Gross operating margin9900€-10k€7k▲

Operating profit (loss)9901€-20k€-10k▲

Financial charges65/66B€282€1k▲

Recurring financial charges65€282€1k▲

Profit (loss) for the period before taxes9903€-20k€-11k▲

Profit (loss) for the period9904€-20k€-11k▲

Profit (loss) for the period to be appropriated9905€-20k€-11k▲

Appropriation of the result

Profit (loss) to be appropriated9906€16k€6k▼

Profit (loss) brought forward from the previous period14P€37k€16k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Signals 3Financial 2Filings 9

2025

26-09

Judicial reorganisation Plan homologation

Tribunal de l’entreprise francophone de Bruxelles · 20250025 · event 17-09-2025

27-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 27 days late

26-06

Judicial reorganisation Extension

Tribunal de l’entreprise francophone de Bruxelles · collectif_pme · event 18-06-2025

25-03

Judicial reorganisation Opening

Tribunal de l’entreprise francophone de Bruxelles · collectif_pme · event 19-03-2025

2024

17-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

20-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Back to profitnet €52k

Net result €52k after 3 loss-making years.

17-11

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 109 days late

15-02

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 199 days late

2020

16-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Weakest financial yearnet €-32k ▼168%

Net result drops to €-32k, the lowest in the series; recovery starts the following year.

12-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

27-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 29 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

18 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2017

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Jamarlaan 181060 Sint-Gillis (bij-Brussel)

Ground area

159 m²

Building footprint

158 m²

Volume, LiDAR

2,558 m³