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Newvation

Active
Private limited companyfounded 201015 yrs activeLandjuweel 43, 2340 Beerse, BelgiumKBO/BCE: BE 0830.694.241
Summary

Newvation has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185,060 and a net result of €27,502. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability84▲+15
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 5.59 against 3.17 in 2024; short-term debt: 16.2% and cash: 37.3% of total assets), and 16.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
83.8%
Return on assets
12.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
30 d early
2023
28 d early
2022
27 d early
2021
26 d early
2020
26 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

Newvation was incorporated on 15 October 2010.1 Total assets rose from EUR 84,155 in 2018 to EUR 220,752 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€185,060▼ 12.5%
2024 · €211,427
Total assets
€220,752▼ 26.2%
2024 · €298,961
Net result
€27,502▼ 11.7%
2024 · €31,152
Working capital
€163,935▼ 13.7%
2024 · €189,894
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€106,145▲ 222%€35,529▼ 66.5%€43,458▲ 22.3%€62,821▲ 44.6%€43,041▼ 31.5%
Net result€71,695above the sector's middle half▲ 185%€22,826within the sector's middle half▼ 68.2%€21,292within the sector's middle half▼ 6.7%€31,152within the sector's middle half▲ 46.3%€27,502within the sector's middle half▼ 11.7%
Equity€136,157within the sector's middle half▲ 111%€158,983within the sector's middle half▲ 16.8%€180,275above the sector's middle half▲ 13.4%€211,427above the sector's middle half▲ 17.3%€185,060above the sector's middle half▼ 12.5%
Total assets€205,248within the sector's middle half▲ 101%€367,557above the sector's middle half▲ 79.1%€445,238above the sector's middle half▲ 21.1%€298,961above the sector's middle half▼ 32.9%€220,752within the sector's middle half▼ 26.2%
Debt€69,091▲ 84.0%€208,574▲ 202%€264,963▲ 27.0%€87,534▼ 67.0%€35,692▼ 59.2%
Working capital€103,648within the sector's middle half€304,688above the sector's middle half▲ 194%€155,925above the sector's middle half▼ 48.8%€189,894above the sector's middle half▲ 21.8%€163,935above the sector's middle half▼ 13.7%
Solvency66.3%within the sector's middle half▲ 3.2pp43.3%within the sector's middle half▼ 23.1pp40.5%within the sector's middle half▼ 2.8pp70.7%within the sector's middle half▲ 30.2pp83.8%above the sector's middle half▲ 13.1pp
Current ratio2.58within the sector's middle half▲ 1.9210.51above the sector's middle half▲ 7.931.59within the sector's middle half▼ 8.923.17within the sector's middle half▲ 1.585.59above the sector's middle half▲ 2.42
Return on assets (ROA)34.9%above the sector's middle half▲ 10.3pp6.2%within the sector's middle half▼ 28.7pp4.8%within the sector's middle half▼ 1.4pp10.4%within the sector's middle half▲ 5.6pp12.5%within the sector's middle half▲ 2.0pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €106,145€106,145Net result 2021: €71,695€71,695Operating result 2022: €35,529€35,529Net result 2022: €22,826€22,826Operating result 2023: €43,458€43,458Net result 2023: €21,292€21,292Operating result 2024: €62,821€62,821Net result 2024: €31,152€31,152Operating result 2025: €43,041€43,041Net result 2025: €27,502€27,50220212022202320242025€0€20,000€40,000€60,000Operating result 2023: €43,458€43,500Net result 2023: €21,292€21,300Operating result 2024: €62,821€62,800Net result 2024: €31,152€31,200Operating result 2025: €43,041€43,000Net result 2025: €27,502€27,500202320242025
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220,752
Fixed assets €21,125 ▼ 1.9%
Current assets €199,626 ▼ 28.0%
Equity and liabilities €220,752
Equity €185,060 ▼ 12.5%
Debt €35,692 ▼ 59.2%
Debt's share of the balance-sheet total falls from 29.3% to 16.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€46,005▼
2024 · €67,570
Cash flow
€30,466▼
2024 · €35,901
Debt to equity
0.19▼
2024 · 0.41
ROE
14.9%▲
2024 · 14.7%
Interest coverage
297.29▲
2024 · 4.52
Debt ≤ 1 year
€35,692▼
2024 · €87,534
Income taxes
€15,389▼
2024 · €18,064
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€298,961€220,752▼
Fixed assets21/28€21,533€21,125▼
Tangible fixed assets22/27€4,883€4,475▼
Land and buildings22€2,047€1,109▼
Plant, machinery and equipment23€2,836€3,366▲
Furniture and vehicles24€0-
Financial fixed assets28€16,650€16,650=
Current assets29/58€277,428€199,626▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€49,054€95,995▲
Trade receivables40€21,166€22,495▲
Other amounts receivable41€27,888€73,500▲
Current investments50/53-€20,000
Cash at bank and in hand54/58€226,726€82,420▼
Deferred charges and accrued income490/1€1,648€1,211▼
Equity and liabilities
Total equity and liabilities10/49€298,961€220,752▼
Equity10/15€211,427€185,060▼
Contributions10/11€18,600€18,600=
Reserves13€192,827€166,460▼
Distributable reserves133€192,827€166,460▼
Profit (loss) carried forward14-€0
Amounts payable17/49€87,534€35,692▼
Amounts payable within one year42/48€87,534€35,692▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€11,261€5,652▼
Suppliers440/4€11,261€5,652▼
Taxes, remuneration and social security45€76,272€25,608▼
Taxes450/3€76,272€25,608▼
Remuneration and social security454/9€0-
Other amounts payable47/48-€4,432
Income statement Code20242025
Non-recurring operating income76A€826€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,749€2,964▼
Other operating charges640/8€1,193€1,329▲
Gross operating margin9900€68,763€47,334▼
Operating profit (loss)9901€62,821€43,041▼
Financial income75/76B€1,334€4▼
Recurring financial income75€1,334€4▼
Financial charges65/66B€14,939€155▼
Recurring financial charges65€14,939€155▼
Profit (loss) for the period before taxes9903€49,216€42,891▼
Income taxes67/77€18,064€15,389▼
Profit (loss) for the period9904€31,152€27,502▼
Profit (loss) for the period to be appropriated9905€31,152€27,502▼
Appropriation of the result
Profit (loss) to be appropriated9906€31,152€27,502▼
Transfer from equity791/2-€53,869
Transfer to equity691/2€31,152€27,502▼
To other reserves6921€31,152€27,502▼
Profit to be distributed694/7-€53,869
Return on contributions (dividend)694-€53,869

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€826€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,208€7,720€8,232€4,749€2,964▼ 37.6%
Other operating charges640/8€1,264€802€1,054€1,193€1,329▲ 11.4%
Gross operating margin9900€111,617€44,050€52,744€68,763€47,334▼ 31.2%
Operating profit (loss)9901€106,145€35,529€43,458€62,821€43,041▼ 31.5%
Financial income75/76B€252€276€985€1,334€4▼ 99.7%
Recurring financial income75€252€276€985€1,334€4▼ 99.7%
Financial charges65/66B€481€3,057€11,856€14,939€155▼ 99.0%
Recurring financial charges65€481€3,057€11,856€14,939€155▼ 99.0%
Profit (loss) for the period before taxes9903€105,916€32,749€32,587€49,216€42,891▼ 12.9%
Income taxes67/77€34,221€9,922€11,295€18,064€15,389▼ 14.8%
Profit (loss) for the period9904€71,695€22,826€21,292€31,152€27,502▼ 11.7%
Profit (loss) for the period to be appropriated9905€71,695€22,826€21,292€31,152€27,502▼ 11.7%
Line20212022202320242025Change
Assets
Total assets20/58€205,248€367,557€445,238€298,961€220,752▼ 26.2%
Fixed assets21/28€36,195€30,839€24,350€21,533€21,125▼ 1.9%
Tangible fixed assets22/27€19,545€14,189€7,700€4,883€4,475▼ 8.4%
Land and buildings22€3,086€2,976€2,177€2,047€1,109▼ 45.8%
Plant, machinery and equipment23€816€2,006€2,752€2,836€3,366▲ 18.7%
Furniture and vehicles24€15,644€9,207€2,771€0--
Financial fixed assets28€16,650€16,650€16,650€16,650€16,650=
Current assets29/58€169,053€336,719€420,888€277,428€199,626▼ 28.0%
Stocks and contracts in progress3€113,209€312,928€240,519€0--
Stocks30/36€113,209€312,928€240,519€0--
Amounts receivable within one year40/41€18,267€22,975€128,472€49,054€95,995▲ 95.7%
Trade receivables40€14,030€18,693€117,884€21,166€22,495▲ 6.3%
Other amounts receivable41€4,237€4,283€10,588€27,888€73,500▲ 164%
Current investments50/53----€20,000-
Cash at bank and in hand54/58€36,661€421€50,612€226,726€82,420▼ 63.6%
Deferred charges and accrued income490/1€916€395€1,285€1,648€1,211▼ 26.5%
Equity and liabilities
Total equity and liabilities10/49€205,248€367,557€445,238€298,961€220,752▼ 26.2%
Equity10/15€136,157€158,983€180,275€211,427€185,060▼ 12.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€117,557€140,383€161,675€192,827€166,460▼ 13.7%
Non-distributable reserves130/1€1,860€0----
Reserves not available under the articles1311€1,860€0----
Distributable reserves133€115,697€140,383€161,675€192,827€166,460▼ 13.7%
Profit (loss) carried forward14----€0-
Amounts payable17/49€69,091€208,574€264,963€87,534€35,692▼ 59.2%
Amounts payable after more than one year17€3,686€176,544€0---
Financial debts170/4€3,686€176,544€0---
Amounts payable within one year42/48€65,405€32,030€264,963€87,534€35,692▼ 59.2%
Current portion of amounts payable after more than one year42€11,683€6,602€221,394€0--
Trade debts44€38,705€2,022€3,620€11,261€5,652▼ 49.8%
Suppliers440/4€38,705€2,022€3,620€11,261€5,652▼ 49.8%
Taxes, remuneration and social security45€15,017€23,405€39,949€76,272€25,608▼ 66.4%
Taxes450/3€15,017€22,653€38,041€76,272€25,608▼ 66.4%
Remuneration and social security454/9-€753€1,908€0--
Other amounts payable47/48€0---€4,432-
Line20212022202320242025Change
Profit (loss) for the period9904€71,695€22,826€21,292€31,152€27,502▼ 11.7%
+ Depreciation and write-downs630€4,208€7,720€8,232€4,749€2,964▼ 37.6%
Operating cash flow (approximation)€75,903€30,546€29,524€35,901€30,466▼ 15.1%
Investment in fixed assets (approximation)--€2,363-€1,743-€1,933-€2,556▼ 32.2%
Change in cash--€36,240€50,192€176,114-€144,306▼ 182%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €200,000Eq €211,427 ▲17.3%
7 profitable years in a row build equity to €211,427.
03-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity quadruplescurrent ratio 10.51
Current ratio from 2.58 to 10.51; short-term debt falls from €65,405 to €32,030.
31-12
Financial Equity above €150,000Eq €158,983 ▲16.8%
5 profitable years in a row build equity to €158,983.
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €71,695 ▲185%
Operating result €106,145, net result €71,695, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 2.58
Current ratio from 0.66 to 2.58.
31-12
Financial Equity above €100,000Eq €136,157 ▲111%
4 profitable years in a row build equity to €136,157.
05-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €758 ▼93.5%
Net result drops to €758, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Beerse · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
616 m²
Building footprint
134 m²
Volume, LiDAR
900 m³
Parcel 13043C0066/00T000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
NEWVATION
Landjuweel 43, 2340 BeerseReal estate development
since 20102.194.299.752
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13043C0066/00T000 Flanders 616 m² 1 · 134 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of Newvation and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 15,074 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
41001General construction of residential buildings
68121Development of residential building projects
43990Other specialised construction activities
46180Agents specialised in the wholesale of other particular products
73300Public relations and communication consultancy
Contact
E-mail info@kimmintjens.be
Phone 0476703766
E-invoicing
Reachable via Peppol
Peppol ID 0208:0830694241
Registered 03-12-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.