Result
€45,342 €45,342
Back in profit in 2025, after a loss of €30,292 in 2024.
NOVA
Lifetime
8 annual accounts with figures on one time axispeak €59,126 (2025)
€59,126▲ €83,648
lowest -€30,292 (2024)
€45,342▲ €75,634
peak €82,430 (2025)
€82,430▲ 122%
€19,279▲ 36.8%
Board5 names since 2018
1 directorTRENDAFILOV Ljubomir
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€24,522 to €59,126Back to profit: €45,342Resignations: Pavel Novachkov (director) and Bojidar Novatchk… 28-10Equity from €37,088 to €82,430Debts from €14,092 to €19,279Cash from €6,278 to €18,535
Key points
from the 2025 annual accountsTurnover
≈ €300,000 estimated
The micro format states no turnover.
Liquidity
4.79 was 3.10 in 2024
Short-term debts rose from €14,092 to €19,279.
Filings
8 annual accounts 8 late
The 2019 accounts came latest: 122 days after the end of the period.
At the same address
424 companies
Position in the sector
81.0%
Higher solvency than 86% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Checked score
73
Healthy
Financially stronger than 85% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.3%▼ -0.1 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025lowest value
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 2.1%▲ +1.6 percentage points vs 08-2025
10-2025: 2.1%● unchanged vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 2.0%▼ -0.1 percentage points vs 05-2026
07-2026: 2.1%▲ +0.1 percentage points vs 06-2026
08-2026: 2.8%▲ +0.7 percentage points vs 07-2026highest value
09-2026: 0.7%▼ -2.1 percentage points vs 08-2026
10-2026: 0.6%▼ -0.1 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
Size: total assets €101,709
lowers risk
Liquidity: current ratio 4.79, cash €18,535
Equity €82,430 (81.0% 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 43, micro). It does better than 90% of them on solvency, 66% on liquidity, 92% on profitability and 93% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 26,972 companies had the same profile as NOVA has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NOVA itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,448 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 26,972 companies, not a prediction for NOVA. 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 €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.79 (3.1 in 2024), above the usual 1.5. Short-term debt is 19% and cash 18.2% of total assets. 19% 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 risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
31 days late
2024
31 days late
2023
31 days late
2022
49 days late
2021
61 days late
2020
116 days late
2019
122 days late
← 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 63 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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. The company usually files around 1 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0696832261
Resignations: Pavel Novachkov (director) and Bojidar Novatchkov (director)
Director discharge: Pavel Novachkov · Director discharge: Bojidar Novatchkov · General meeting of 30-05-2025 · Gazette deed
3 directors resigning, 3 reappointments
Resignations: TRENDAFILOV Lyubomir, NOVACHKOV Pavel and NOVATCHKOV Bojidar · Reappointments: TRENDAFILOV Lyubomir, NOVACHKOV Pavel and NOVATCHKOV Bojidar · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 20-12-2023 · Gazette deed
Registered office moved from Saint-Josse-ten-Noode to Brussels
New registered office: Boulevard Bischoffsheim n° 39 boîte 4 à 1000 Bruxelles · Previous registered office: rue Scailquin 60 à 1210 Saint-Josse-Ten-Noode · General meeting of 14-01-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOVA Brussels | €101,709 | €59,126 | 81.0% | - |
| DATOP Uccle | €111,065 | €48,218 | 58.3% | - |
| ALJIM RENOVE Anderlecht | €117,444 | €67,528 | 48.6% | - |
| LEONIDAS CONSTRUCTION SERVICES Rumst | €105,100 | €58,398 | 87.4% | - |
| RW Bekkevoort | €95,665 | €62,220 | 14.0% | - |
| Primu's Renovi Grimbergen | €89,543 | €57,683 | 27.1% | - |
| PYRANOID GROUP Aywaille | €112,746 | €54,541 | 76.3% | - |
These companies have the same main activity as NOVA: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €89,500 and €117,000, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 28-05-2018Normal situation
- Registered office
- 425 active companies are registered at this address45 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.276.329.7811000 Brussels, since 28-05-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 09-11-2025
Insights on NOVA
NOVA files the micro format. That format states no turnover. The gross margin rose from €10,478 in 2018 to €59,126 in 2025.
In January 2024, three directors stepped down.
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 NOVA
- What is the company number of NOVA?
- The company number of NOVA is 0696.832.261. The VAT number is the same number with BE in front: BE 0696.832.261.
- Where is NOVA based?
- The registered office is at Bischoffsheimlaan 39, 1000 Brussels.Company details
- What does NOVA do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of NOVA?
- NOVA is a private limited company (BV).
- When was NOVA founded?
- NOVA was founded on 28-05-2018.
- Is NOVA still active?
- Yes, NOVA is an active enterprise in the KBO register.
- What is the turnover of NOVA?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €59,126 and 68 comparable companies (NACE 43990). It probably lies between €230,000 and €610,000.Financials
- Is NOVA profitable?
- In financial year 2025, NOVA made a profit of €45,342.
- Where can I find the annual accounts of NOVA?
- NOVA filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOVA due?
- NOVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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