Equity
€34,656 ▼ 30.2%
NOVA CONCEPT paid out €15,000 in dividends in a year with a loss of €18.
NOVA CONCEPT
Lifetime
7 annual accounts with figures on one time axispeak €140,546 (2023)
€50,657▼ 13.8%
lowest -€4,373 (2020)
-€18▼ €5,622
peak €49,673 (2023)
€34,656▼ 30.2%
€69,150▲ 29.6%
peak 0.7 FTE (2020)
-not published
Board4 names since 2019
4 directorsDECLERCQ Stéphanie and 3 others
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €58,783 to €50,657Loss of €18Dividend €15,000Equity from €49,673 to €34,656Debts from €53,365 to €69,150Cash from €24,292 to €40,803
Key points
from the 2025 annual accountsChecked score
65
Healthy
Financially stronger than 47% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.6%▲ +0.2 percentage points vs 03-2025highest value
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.5%▼ -0.1 percentage points vs 06-2025
08-2025: 0.9%▼ -0.6 percentage points vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026lowest value
03-2026: 0.9%● unchanged vs 02-2026lowest value
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.2%▲ +0.1 percentage points vs 07-2026
09-2026: 1.2%● unchanged vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2019
Size: total assets €103,806
lowers risk
Liquidity: current ratio 1.31, cash €40,803
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 56, micro). It does better than 53% of them on solvency, 68% on liquidity, 47% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 3,440 companies had the same profile as NOVA CONCEPT has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NOVA CONCEPT itself: 1.2% 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 3,440 companies, not a prediction for NOVA CONCEPT. 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 €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (1.63 in 2024), below the usual 1.5. Short-term debt is 66.6% and cash 39.3% of total assets. 66.6% 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 08-07-2026, 23 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
23 days early
2024
8 days early
2023
7 days late
2022
3 days late
2021
24 days early
2020
1 day early
2019
63 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 2 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 23 July (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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0725519517
Legal-form change · Resignations & appointments
Changes of role: FORMATO Frédéric (director) and DECLERCQ Stéphanie (director) · Gazette deed
First establishment
Rue Ernest Cambier 13, Ath
Incorporation
Founders: FORMATO Frédéric Anthony and DECLERCQ Stéphanie Myriam Ghislaine · Founding capital of €18,600, 186 shares, €6,200 paid up · Appointments: FORMATO Frédéric Anthony (manager) and DECLERCQ Stéphanie Myriam Ghislaine (manager) · published on 23-04-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOVA CONCEPT Ath | €103,806 | €50,657 | 33.4% | - |
| DOPI La Louvière | €103,762 | €65,500 | 76.1% | - |
| BAR LE KIOSQUE Ham-sur-Heure-Nalinnes | €91,398 | €59,833 | 15.6% | - |
| Jaspers Zonhoven | €97,465 | €47,142 | 82.6% | - |
| DEA Dilbeek | €111,271 | €53,168 | 84.9% | - |
| Bar-Bos Tienen | €113,424 | €56,925 | 12.5% | - |
| TEACOACH KEN Antwerp | €95,875 | €61,040 | 44.7% | - |
These companies have the same main activity as NOVA CONCEPT: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €91,400 and €113,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 18-04-2019Normal situation
- Activity
- Cafés and barsNACE 56301and 6 others
- Establishment unit
- 2.288.617.5057800 Ath, since 06-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Annual accounts 2025
- €103,806▲ 0.7%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on NOVA CONCEPT
NOVA CONCEPT files the micro format. That format states no turnover. The gross margin rose from €9,474 in 2019 to €50,657 in 2025.
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 CONCEPT
- What is the company number of NOVA CONCEPT?
- The company number of NOVA CONCEPT is 0725.519.517. The VAT number is the same number with BE in front: BE 0725.519.517.
- Where is NOVA CONCEPT based?
- The registered office is at Rue Ernest Cambier 13, 7800 Ath.Company details
- What does NOVA CONCEPT do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of NOVA CONCEPT?
- NOVA CONCEPT is a private limited company (BV).
- When was NOVA CONCEPT founded?
- NOVA CONCEPT was founded on 18-04-2019.
- Is NOVA CONCEPT still active?
- Yes, NOVA CONCEPT is an active enterprise in the KBO register.
- How many employees does NOVA CONCEPT have?
- NOVA CONCEPT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NOVA CONCEPT?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €50,657 and 36 comparable companies (NACE 56301). It probably lies between €150,000 and €240,000.
- Is NOVA CONCEPT profitable?
- In financial year 2025, NOVA CONCEPT made a loss of €18.
- Where can I find the annual accounts of NOVA CONCEPT?
- NOVA CONCEPT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOVA CONCEPT due?
- NOVA CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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