Equity
-€12,647
Debts exceed assets in financial year 2025.
NOVA DEVELOPMENT
Overview
Lifetime
1 annual account with figurespeak -€15,131 (2025)
-€15,131
lowest -€18,647 (2025)
-€18,647
peak -€12,647 (2025)
-€12,647
€585,010
Board2 names since 2024
1 directorThierry Edward Pierre DAILLY
Owners
100%HURUS
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Loss of €18,647First year with figures
Key points
from the 2025 annual accountsDebts
€585,010 102% of the balance sheet
After one year 100%Within one year 0%
Of this, €2,563 falls due within a year.
At the same address
310 companies
Turnover not published (abbreviated format)
Checked score
54
Fair
Financially stronger than 29% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.7%lowest value
05-2025: 0.7%● unchanged vs 04-2025lowest value
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.9%▲ +0.1 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 1.0%▲ +0.1 percentage points vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.1%▲ +0.1 percentage points vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026highest value
05-2026: 1.1%● unchanged vs 04-2026highest value
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 0.8%▼ -0.3 percentage points vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 223.04, cash €683
Negative equity -€12,647
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €572,363
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 68, micro). It does better than 18% of them on solvency, 51% on liquidity and 17% on profitability.
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, 1,251 companies had the same profile as NOVA DEVELOPMENT has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NOVA DEVELOPMENT itself: 0.8% 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 1,251 companies, not a prediction for NOVA DEVELOPMENT. 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
No credit on open account
Short-term debt is 0.4% and cash 0.1% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 16-06-2026, 45 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
45 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007743292
Incorporation
Founding capital of €6,000, 100 shares · Founder: HURUS · Appointments: Thierry Edward Pierre DAILLY (daily management delegate) and Francesco CARLINO (director) · published on 02-04-2024 · Gazette deed
First establishment
Louizalaan 523, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOVA DEVELOPMENT Brussels | €572,363 | -€15,131 | -2.2% | - |
| LUMINA DEVELOPMENT Brussels | €446,757 | -€7,913 | -0.8% | - |
| PRIME PROJECT DEVELOPMENT Uccle | €630,726 | -€1,564 | -8.6% | - |
| Isala Living Brussels | €508,690 | -€3,616 | 95.8% | - |
| KEMISA Schaerbeek | €696,345 | -€5,568 | 21.4% | - |
| Rebast Wortegem-Petegem | €593,173 | -€9,762 | -1.8% | 0 |
| NJ IMMO Héron | €518,010 | -€6,551 | -5.9% | - |
These companies have the same main activity as NOVA DEVELOPMENT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €447,000 and €696,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 28-03-2024Normal situation
- Registered office
- 311 active companies are registered at this address10 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.359.908.1491050 Ixelles, since 28-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Annual accounts 2025
- -€15,131
- €18,647
- -€12,647
- €572,363
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on NOVA DEVELOPMENT
NOVA DEVELOPMENT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€12,647) and a net result of -€18,647.
Its solvency ranks better than 15% of 11,297 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 16-06-2026, 45 days before the deadline-€15,131
-€16,626
-€18,647
€569,097
-2.2%
-
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €572,363 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-2.2%
Higher than 15% of 11,297 companies in 2025.
-3.3%
Higher than 19% of 11,182 companies in 2025.
NOVA DEVELOPMENT
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
572,363 | |
21/28 |
703 | |
22/27 |
703 | |
24 |
703 | |
29/58 |
571,660 | |
3 |
568,978 | |
30/36 |
568,978 | |
40/41 |
1,999 | |
41 |
1,999 | |
54/58 |
683 | |
| Balance sheet: equity and liabilities | ||
10/49 |
572,363 | |
10/15 |
-12,647 | |
10/11 |
6,000 | |
14 |
-18,647 | |
17/49 |
585,010 | |
17 |
582,447 | |
178/9 |
582,447 | |
42/48 |
2,563 | |
44 |
2,563 | |
440/4 |
2,563 | |
| Income statement | ||
9900 |
-15,131 | |
630 |
449 | |
640/8 |
1,046 | |
9901 |
-16,626 | |
65/66B |
2,021 | |
65 |
2,021 | |
9903 |
-18,647 | |
9904 |
-18,647 | |
9905 |
-18,647 | |
| Appropriation of the result | ||
9906 |
-18,647 | |
| Document | ||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-06-2026 | 2026-00184673 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -16,176 | ||
| -18,198 | ||
| 1,152 | ||
| 569,097 | ||
| -2.2% | ||
| 1.05 | ||
| -3.3% | ||
| -8.00 |
A ratio outside any meaningful range has been withheld (balance sheet total €572,363, equity -€12,647).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,152 |
| €449 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on NOVA DEVELOPMENT
Equity is negative. Debt (€585,010) exceeds the balance-sheet total (€572,363).
Board & ownership
Board
1 director, 1 in day-to-day management, since incorporationDirector and daily management delegate
appointed by deed of 02-04-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 16-06-2026
- Thierry Edward Pierre DAILLY
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “L'assemblée qui les nomme fixe leur nombre, la durée de leur mandat qui peut être déterminée ou indéterminée, leur rémunération et, s'ils…”deed of 02-04-2024
Mandates through the years
2 names, the dashed line is todayThierry Edward Pierre DAILLY
Director, Daily management delegate
Director, Daily management delegate
Francesco CARLINO
Director
Director
LeadershipBoardEarlierend not dated
Mandates as a list
- Thierry Edward Pierre DAILLY
- Director, appointed by deed of 02-04-2024, still in office
- Daily management delegate, appointed by deed of 02-04-2024, still in office
- Francesco CARLINO
- Director, appointed by deed of 02-04-2024, no longer listed in the 2025 annual accounts
Control
100%
This company
NOVA DEVELOPMENT
Equity -€12,647
Loss €18,647 in 2025
Capital
- Contribution
- €6,000
- Shares
- 100
- Contribution per share
- €60
- Equity per share
- -€126 in 2025
- Source
- deed of 02-04-2024
Articles of association
deed of 02-04-2024 (in French)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 17:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 02-04-2024 ↗
- HURUS (BE 1007.706.769) 100 shares (100%) · €6,000 in cash
Capital over time
- 02-04-2024 Incorporation · €6,000 · 100 shares
Network & group
Group
HURUS has 2 direct subsidiaries (2025 accounts)Belgium 2 Equity Result
- BE Nova Development -€12,647 result -€18,647
- BE Lumina Developmnet -€3,616 result -€9,616
Source: list of holdings in the 2025 accounts of HURUS. Every holding stands with its own latest accounts.
At the same address
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| ALIZEE INTERNATIONAL
establishment since 01-03-2008 · founded in 2008 |
total assets €83.7m (2025) 0895.960.789 |
| Schuman Six
establishment since 12-11-2015 · founded in 2015 |
total assets €46.4m (2025) 0642.838.596 |
| FINANCIERE GABRIEL
establishment since 30-08-2010 · founded in 2010 |
total assets €45.9m (2025) 0829.017.923 |
| GS1
registered office since 30-07-1979 · founded in 1979 |
38 FTE (2024) 0419.640.608 |
| GUERLAIN BENELUX
registered office since 05-06-2000 · founded in 1960 |
57 FTE (2025) 0403.123.783 |
| Parfums Christian Dior S.A.B.
registered office since 01-01-1974 · founded in 1973 |
82 FTE (2024) 0413.510.703 |
| PROJECT MONTOYER
registered office since 06-05-2003 · founded in 2003 · group GLL GmbH & Co. Office II KG |
total assets €24.6m (2025) 0480.153.859 |
| SYNPET
establishment since 28-03-2022 · founded in 2022 |
total assets €22.3m (2025) 0783.916.386 |
Connections & network
1 current directorThe network starts from the directors of NOVA DEVELOPMENT. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBabbreviated format · 45 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007743292
2024
IncorporationFounding capital of €6,000, 100 shares · Founder: HURUS · Appointments: Thierry Edward Pierre DAILLY (daily management delegate) and Francesco CARLINO (director) · published on 02-04-20245 points ▸
- Founding capital, €6,000, 100 shares
- Director appointment, Thierry Edward Pierre DAILLY
- Director appointment, Francesco CARLINO
- Director appointment, Thierry Edward Pierre DAILLY (daily management delegate)
- Founder, HURUS
- The deed holds 4 more points.
First establishment Louizalaan 523, Ixelles
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1007.743.292
- VAT number
- BE 1007.743.292
- Peppol ID
- 0208:1007743292
- Other Peppol ID
- 9925:BE1007743292
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 28-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 17:00deed of 02-04-2024 (in French)
- Peppol
- Reachable since 04-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NOVA DEVELOPMENT in French
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 02-04-2024 (in French)
Activities
NACEBEL 202568121
Development of residential building projects main activity
Codes under NACEBEL 2008
41101
Real estate development main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'achat, la vente, la revente, la location, la promotion immobilière, la transformation, l'aménagement, la rénovation et la gestion pour…”deed of 02-04-2024 (in French)
11 activities
- L'achat, la vente, la revente, la location, la promotion immobilière, la transformation, l'aménagement, la rénovation et la gestion pour compte propre, de tous biens immeubles et meubles.
- La mise en valeur de tous biens immobiliers et notamment la création de lotissements, et le développement de ceux-ci.
- La société peut constituer, développer, promouvoir et gérer un patrimoine immobilier, et réaliser toute opération immobilière et foncière quelconque, y compris celles se rapportant à tous droits réels immobilier comme, entre autres, l'emphytéose, la superficie ou encore le leasing immobilier, le tout dans son acceptation la plus large et notamment : la promotion immobilière, l'acquisition, l'aliénation, l'acte de grever, l'échange, la construction, la rénovation, la transformation, l'aménagement, l'entretien, le lotissement, la prospection, l'exploitation, la préparation pour construire, la location (donner ou prendre à bail), la sous-location, la mise à disposition, la gestion et la gérance, dans le sens le plus large, en nom propre et au nom de tiers d'immeubles et de droits réels immobiliers, sans que cette énumération soit limitative, et de biens meubles concernant l'aménagement et l'équipement d'immeubles, sans que cette énumération soit limitative, l'exploitation de commerces et/ou immeubles et droits réels immobiliers, ainsi que tous les actes ayant un rapport direct ou indirect avec cet objet social ou qui seraient de nature à favoriser directement ou indirectement le rendement de biens meubles et immeubles.
- Elle peut hypothéquer ses immeubles et mettre en gage tous ses autres biens y compris son fonds de commerce.
- Elle peut également - en fonction de ses intérêts propres - se porter caution et donner toute sûreté personnelle ou réelle, ou accorder son aval pour tous prêts ou engagements quelconques tant pour elle-même que pour tous tiers, y compris les gérants, les associés, le personnel et les préposés de la société.
- Toute contribution à l'établissement et au développement d'entreprises et en particulier de dispenser des avis techniques, commerciaux ou administratifs dans le sens le plus large du terme, à l'exception des conseils d’investissements au sens de la loi du 02 août 2002 relative à la surveillance du secteur financier et aux services financiers, fournir des conseils, son assistance et exécuter des services directement ou indirectement sur le plan de l'administration et des finances, de la vente, de la production, des techniques d’organisation et de distributions commerciales, et plus généralement de la gestion en général et de l’exercice de toutes activités de services et de management au sens le plus large de ces termes à toutes personnes physiques ou morales quelconques; exécuter tous mandats sous forme d'études d'organisation, d'expertises, d'actes et de conseils techniques ou autres dans tout domaine rentrant dans son objet social.
- Elle peut constituer, développer et gérer un patrimoine mobilier et faire toutes opérations mobilières quelconques y compris celles se rapportant à tous droits mobiliers comme l'acquisition par voie d'inscription ou de cession et la gestion d'actions, de parts sociales, d'obligations convertibles ou non, de prêts de consommation, de prêts ordinaires, de bons de caisse ou autres valeurs mobilières, de quelque forme que ce soit, tant de personnes morales que d'entreprises, belges ou étrangères, existantes ou encore à constituer.
- La société pourra exercer tout mandat généralement quelconque ainsi que toute fonction autorisée dans toute personne morale belge ou étrangère en ce compris la fonction d’administrateur, de délégué à la gestion journalière, de gérant et de liquidateur. Ce mandat pourra être rémunéré ou gratuit.
- La société peut, par voie d'apport en espèces ou en nature, de fusion, de souscription, de participation, d'intervention financière ou autrement, prendre des participations dans d'autres sociétés ou entreprises existantes ou à créer, que ce soit en Belgique ou à l'étranger, dont l'objet social serait semblable ou analogue au sien ou de nature à favoriser son objet social.
- Elle peut également consentir tous prêts ou garantir tous prêts consentis par des tiers, étant entendu que la société n'effectuera aucune activité dont l’exercice serait soumis à des dispositions légales ou réglementaires applicables aux établissements de crédits et/ou financiers.
- Elle peut faire toutes opérations commerciales, industrielles et financières, immobilières et mobilières, se rapportant directement ou indirectement à son objet social ou susceptibles de favoriser son développement, à l'exception des opérations sur valeurs mobilières et immobilières réservées par la loi aux banques et aux sociétés de bourse.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Louizalaan 523 registered office 1050 Ixelles | 28-03-2024 | 2.359.908.149 |
Buildings and parcels at the address
- Ground area
- 3,529 m²
- Buildings
- 1,878 m²
- Volume, LiDAR
- 44,063 m³
- Tallest building
- 38.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21822R0226/00W011 | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1007.743.292