NOVA
Open bankruptcyA bankruptcy procedure is open for NOVA according to publications in the Belgian State Gazette; curator: JEROEN PINOY.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
46 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-112k▼ 216%
2019 · €-35k
2018: €-19k
2019: €-35k
2018 → 2020
Total assets
€136k▼ 44.8%
2019 · €247k
2018: €260k
2019: €247k
2018 → 2020
Net result
€-76k▼ 360%
2019 · €-17k
2018: €-19k
2019: €-17k
2018 → 2020
Working capital
€-51k
2019 · €18k
2018: €9k
2019: €18k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-19k-€-35k▼ 87.8%€-112k▼ 216%
Operating result€-12k-€-10k▲ 18.3%€-87k▼ 770%
Net result€-19k-€-17k▲ 13.4%€-76k▼ 360%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €87k in 2020 against €10k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €136k
Fixed assets
€67k▼ 15.4%
Current assets
€70k▼ 58.5%
Key figures and ratios
EBITDA
€-75k▼
2019 · €7k
Cash flow
€-63k▼
2019 · €119
Solvency
-81.8%▼
2019 · -14.3%
Current ratio
0.58▼
2019 · 1.12
Quick ratio
0.29▼
2019 · 0.65
Debt / equity
-1.14▲
2019 · -3.73
ROA
-55.7%▼
2019 · -6.7%
Debt
€248k▼
2019 · €282k
Debt ≤ 1 year
€121k▼
2019 · €150k
Debt > 1 year
€127k▼
2019 · €132k
Income taxes
€499▲
2019 · €484
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€247k€136k▼
Fixed assets21/28€79k€67k▼
Tangible fixed assets22/27€76k€64k▼
Financial fixed assets28€3k€3k=
Current assets29/58€168k€70k▼
Stocks and contracts in progress3€71k€35k▼
Amounts receivable within one year40/41€91k€28k▼
Cash at bank and in hand54/58€880€1k▲
Equity and liabilities
Total equity and liabilities10/49€247k€136k▼
Equity10/15€-35k€-112k▼
Contributions10/11€99k-
Reserves13€59k€59k=
Profit (loss) carried forward14€-193k€-269k▼
Amounts payable17/49€282k€248k▼
Amounts payable after more than one year17€132k€127k▼
Amounts payable within one year42/48€150k€121k▼
Trade debts44€101k€69k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Gross operating margin9900€124k€54k▼
Operating profit (loss)9901€-10k€-87k▼
Recurring financial income75€230€18k▲
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€-16k€-75k▼
Income taxes67/77€484€499▲
Profit (loss) for the period9904€-17k€-76k▼
Profit (loss) for the period to be appropriated9905€-17k€-76k▼
Timeline · acts, filings and financial milestones
2022
03-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · NOVA BVBA GEMEENTE- STRAAT 8, 2570 DUFFEL · event 23-02-2022
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-76k
Net result drops to €-76k, the lowest in the series.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
26-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
06-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 6 days late
2012
02-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 2 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
23-02-2022 → present |