Filings
43 annual accounts since 1982
The last five annual accounts were filed 7 to 70 days before the end of the period.
NOVAFUND
Lifetime
18 annual accounts with figures on one time axis, 43 filings since 1982peak €242,219 (2020)
-€16,134▲ €10,969
lowest -€59,121 (2009)
€8,690▼ 10.5%
peak €424,754 (2021)
€413,499▲ 2.1%
€11,208▲ 185%
peak 0 FTE (2024)
0 FTE
Board2 names since 2022
2 directorsM-VIDA and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
18-06-202643 days before the deadline
2025abbreviated format
Gross margin from -€27,103 to -€16,134Debts from €3,926 to €11,208
Key points
from the 2025 annual accountsAt the same address
5 companies
Position in the sector
97.4%
Higher solvency than 95% of companies in retail trade. Sector median 36.6% · 12,852 companies.
Turnover not published (abbreviated or micro format)
Checked score
90
Excellent
Financially stronger than 56% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.7%▲ +0.2 percentage points vs 12-2024
02-2025: 0.9%▲ +0.2 percentage points vs 01-2025
03-2025: 1.1%▲ +0.2 percentage points vs 02-2025
04-2025: 1.6%▲ +0.5 percentage points vs 03-2025
05-2025: 1.7%▲ +0.1 percentage points vs 04-2025
06-2025: 2.0%▲ +0.3 percentage points vs 05-2025highest value
07-2025: 0.2%▼ -1.8 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 0.2%▼ -0.3 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
Liquidity: current ratio 43.87, cash €2,436
lowers risk
Founded in 1981
Equity €413,499 (97.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 55% on liquidity, 32% on profitability and 46% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as NOVAFUND has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NOVAFUND itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for NOVAFUND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 43.87, above the usual 1.5. Short-term debt is 2.3% and cash 0.6% of total assets. 2.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
44 days early
2023
16 days early
2022
70 days early
2021
7 days early
2020
61 days early
2019
63 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0421340185
First establishment
Drie Koningenlaan 12, Asse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOVAFUND Wemmel | €424,706 | -€16,134 | 97.4% | 0 |
| Garage Meeus Temse | €345,723 | -€14,676 | 92.4% | 0 |
| Garage Central HUBIN - GODFIRNON Pepinster | €249,034 | -€37,657 | 97.5% | 0 |
| DENCO BANDEN Kapelle-op-den-Bos | €372,134 | €3,012 | 6.4% | 0 |
| TORENO Hamme (Vl.) | €361,197 | -€45,909 | 11.6% | 0 |
| Garage de Backer Merelbeke-Melle | €910,684 | -€98,220 | 96.8% | 0.2 |
| Bouw- & Renovatie Groep De Haan | €396,891 | -€15,328 | -63.9% | 0 |
These companies have the same main activity as NOVAFUND: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €249,000 and €911,000, founded between 1977 and 2003.
Official details
Source: KBO- Status
- Active since 17-03-1981Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811
- Establishment unit
- 2.018.792.7041731 Asse, since 01-04-1981
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Annual accounts 2025
- €424,706▲ 3.9%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on NOVAFUND
NOVAFUND files the abbreviated format. That format states no turnover. The gross margin fell from -€1,325 in 2007 to -€16,134 in 2025.
M-VIDA holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NOVAFUND
- What is the company number of NOVAFUND?
- The company number of NOVAFUND is 0421.340.185. The VAT number is the same number with BE in front: BE 0421.340.185.
- Where is NOVAFUND based?
- The registered office is at Dr. H. Folletlaan 200, 1780 Wemmel.Company details
- What does NOVAFUND do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of NOVAFUND?
- NOVAFUND is a private limited company (BV).
- When was NOVAFUND founded?
- NOVAFUND was founded on 17-03-1981.
- Is NOVAFUND still active?
- Yes, NOVAFUND is an active enterprise in the KBO register.
- What is the turnover of NOVAFUND?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is NOVAFUND profitable?
- In financial year 2025, NOVAFUND made a profit of €8,690.
- Where can I find the annual accounts of NOVAFUND?
- NOVAFUND filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOVAFUND due?
- NOVAFUND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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