NOVA DESIGN
ActiveThe computed 12-month bankruptcy probability of NOVA DESIGN is 4.0% (moderate). The 2025 annual accounts show equity of €610k and a net result of €-38k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 63% of 10345 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-10
Solvency75▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.83 in 2024; short-term debt: 48.4% and cash: 5.4% of total assets), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
7 d early
2024
32 d late
2023
15 d early
2022
18 d late
2021
29 d late
2020
13 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-38k
2024 · €59k
2020: €69k
2021: €222k
2022: €240k
2023: €29k
2024: €59k
2020 → 2025
Working capital
€472k▼ 1.0%
2024 · €477k
2020: €3k
2021: €218k
2022: €470k
2023: €425k
2024: €477k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€321k-€561k▲ 74.8%€590k▲ 5.1%€649k▲ 10.0%€610k▼ 6.0%
Operating result€223k-€298k▲ 34.0%€108k▼ 63.7%€90k▼ 16.6%€-23k
Net result€222k-€240k▲ 8.1%€29k▼ 88.1%€59k▲ 107%€-38k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23k after €90k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€162k▼ 21.0%
Current assets
€1.07M▲ 1.5%
Equity and liabilities €1.23M
Equity
€610k▼ 6.0%
Debt
€619k▲ 1.9%
The debt ratio rises from 48.4% to 50.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30k▼
2024 · €137k
Cash flow
€15k▼
2024 · €105k
Solvency
49.6%▼
2024 · 51.6%
Current ratio
1.80▼
2024 · 1.83
Quick ratio
1.68▼
2024 · 1.71
Debt / equity
1.02▲
2024 · 0.94
ROE
-6.2%▼
2024 · 9.1%
ROA
-3.1%▼
2024 · 4.7%
Interest coverage
11.69▼
2024 · 45.13
Debt
€619k▲
2024 · €608k
Debt ≤ 1 year
€594k▲
2024 · €574k
Debt > 1 year
€25k▼
2024 · €34k
Income taxes
€23k▼
2024 · €28k
Staff costs
€176k▲
2024 · €157k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.26M€1.23M▼
Fixed assets21/28€205k€162k▼
Intangible fixed assets21€50k€40k▼
Tangible fixed assets22/27€155k€122k▼
Plant, machinery and equipment23€2k€795▼
Furniture and vehicles24€67k€51k▼
Leasing and similar rights25€41k€32k▼
Other tangible fixed assets26€46k€38k▼
Current assets29/58€1.05M€1.07M▲
Stocks and contracts in progress3€68k€68k=
Stocks30/36€68k€68k=
Amounts receivable within one year40/41€898k€918k▲
Trade receivables40€143k€46k▼
Other amounts receivable41€754k€872k▲
Cash at bank and in hand54/58€82k€66k▼
Deferred charges and accrued income490/1€4k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.23M▼
Equity10/15€649k€610k▼
Contributions10/11€30k€30k=
Outside capital11€30k€30k=
Other1109/19€30k€30k=
Profit (loss) carried forward14€619k€580k▼
Amounts payable17/49€608k€619k▲
Amounts payable after more than one year17€34k€25k▼
Financial debts170/4€34k€25k▼
Amounts payable within one year42/48€574k€594k▲
Current portion of amounts payable after more than one year42€8k€19k▲
Trade debts44€303k€409k▲
Suppliers440/4€303k€409k▲
Advances received on contracts in progress46€214k€79k▼
Taxes, remuneration and social security45€36k€48k▲
Taxes450/3€21k€14k▼
Remuneration and social security454/9€16k€34k▲
Other amounts payable47/48€12k€39k▲
Income statement
Code20242025
Non-recurring operating income76A€71k€363▼
Remuneration, social security and pensions62€157k€176k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€53k▲
Other operating charges640/8€13k€15k▲
Gross operating margin9900€307k€221k▼
Operating profit (loss)9901€90k€-23k▼
Financial income75/76B€4€11k▲
Recurring financial income75€4€11k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€87k€-15k▼
Income taxes67/77€28k€23k▼
Profit (loss) for the period9904€59k€-38k▼
Profit (loss) for the period to be appropriated9905€59k€-38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€619k€580k▼
Profit (loss) brought forward from the previous period14P€560k€618k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-38k ▼164%
Net result drops to €-38k, the lowest in the series.
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 32 days late
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Highest result since 2020net €240k ▲8.1%
Operating result €298k, net result €240k, both a record.
31-12
Financial
Equity above €500kEq €561k ▲74.8%
3 profitable years in a row build equity to €561k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €200kEq €321k ▲224%
2 profitable years in a row build equity to €321k.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Jans-Molenbeek · 2 establishment units since 2019
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.
de Ribaucourtstraat 1561080 Sint-Jans-MolenbeekGround area
1,068 m²
Building footprint
1,023 m²
Volume, LiDAR
8,786 m³
2 parcels, Brussels · tallest building 19.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
NOVA DESIGN
since 20192.298.276.329
PROMO CUISINE
since 20262.390.265.387
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0128/00F011 | Brussels | 599 m² | 1 · 569 m² | 19.0 m · 3 fl. |
| 21012A0126/00S003 | Brussels | 470 m² | 1 · 454 m² | 16.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MEUBELS DECLERCK
BE 0462.094.538
Alveringem · Eq €609k
PALAE
BE 0540.555.462
Walcourt · Eq €608k
DEPOT DESIGN
BE 0653.856.115
Brussel · Eq €613k
DONUM ORIGINALS
BE 0877.611.458
Antwerpen · Eq €614k
Parca
BE 0418.687.434
Nazareth-De Pinte · Eq €615k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,180 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2019
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.