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NOVA

Active
Non-profit associationfounded 1967active for 59 yearsBeheerstraat(Kor) 68, 8500 Kortrijk, BelgiumKBO/BCE: BE 0410.021.473
Summary

For NOVA, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €1.6m and a net result of €115,599. Equity is growing by about 7.8% per year across the filed financial years. Its solvency ranks better than 75% of 585 sector peers (NACE 88, financial year 2022). The association has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low).

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NOVAActive
Risk analysis ReportCompare

Overview

Activity
Other social work without accommodation
NACE 88999
2 sites
Size
€2.1mtotal assets 2022
Staff
31 FTE
Equity
€1.6m
Surplus
€115,599
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
< 0.1%
2022 figures too old to score
Structure
Accounts 807 days overdue2 of 16 deeds read
Signalsraises riskFigures for financial year 2022 (filed 24-04-2023)Two or more financial years not filedlowers riskLegal form: non-profit associationLiquidity: current ratio 3.82, cash €457,414Sector: Social work activities without accommodation (NACE 88)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Strong
Solvency 100=
equity 75.6% of total assets
Liquidity 69-1
short-term debt 22.7% · cash 21.6%
Profitability 76-3
return on assets 5.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (587 companies, NACE 88, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024highest value 02-2025: < 0.1%● unchanged vs 01-2025highest value 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Figures for financial year 2022 (filed 24-04-2023)
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.82, cash €457,414
NBB · annual accounts
lowers risk · Sector: Social work activities without accommodation (NACE 88)
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline16-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-04-2023, 98 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
98 days early
2021
95 days early
2020
128 days early
2019
74 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 99 days before the deadline; the sector median (NACE 88) for financial year 2024 is 24 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Urbain Van de Parre (director)…Gazette deed
  2. Amendment of the articles · NameName change
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 807 days late View
  • Flemish supportawarded from 2022 to 2025 €11.5m View
  • A director leftlatest change 26-03-2026 · 0 in office 1 left View
  • Active since 1967founded 16-03-1967 59 years View

By topic

Financials

Financial year
2022
Total assets
€2.1m
Profit
€115,599
Solvency
75.6%
Total assets▲ 15.7%
Net result
20182022
Go to Financials

Timeline

Events
20
Since
2007
  1. 27-04-2022Annual accounts filed
  2. 25-03-2021Annual accounts filed
  3. 31-12-2020Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Non-profit association
Activity
Other social work without accommodationNACE 88999
Founded
16-03-1967
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
29
Purpose
“Het bevorderen en stimuleren van het geestelijk en maatschappelijk welzijn van…” (deed in Dutch)
Go to Articles of association

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