NOVA PLUS
ActiveSummary
The computed 12-month bankruptcy probability of NOVA PLUS is 5.5% (elevated). The 2024 annual accounts show equity of €18,568 and a net result of -€4,172. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 36386 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-41
Solvency100▲+47
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 6.48 against 1.39 in 2023; short-term debt: 15.4% and cash: 9% of total assets), and 15.4% of the assets are financed with debt.
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Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.6%
Return on assets
-19%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
62 d late
2022
72 d late
2021
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2024, micro schema
Turnover
€24,624▼ 89.7%
2022 · €239,301
EBIT margin
-16.9%▼ 20.5pp
2022 · 3.6%
Net result
-€4,172
2023 · €972
Working capital
€18,491▼ 17.6%
2023 · €22,431
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€239,301€24,624
Operating result€12,654-€8,537▼ 32.5%€972▼ 88.6%-€4,172
Net result€10,612within the sector's middle half-€6,156within the sector's middle half▼ 42.0%€972within the sector's middle half▼ 84.2%-€4,172below the sector's middle half
EBIT margin3.6%-16.9%
Equity€15,612below the sector's middle half-€21,768within the sector's middle half▲ 39.4%€22,740within the sector's middle half▲ 4.5%€18,568below the sector's middle half▼ 18.3%
Total assets€48,193below the sector's middle half-€39,986below the sector's middle half▼ 17.0%€80,526within the sector's middle half▲ 101%€21,939below the sector's middle half▼ 72.8%
Debt€32,580-€18,218▼ 44.1%€57,786▲ 217%€3,371▼ 94.2%
Working capital€15,612within the sector's middle half-€21,228within the sector's middle half▲ 36.0%€22,431within the sector's middle half▲ 5.7%€18,491within the sector's middle half▼ 17.6%
Solvency32.4%within the sector's middle half-54.4%within the sector's middle half▲ 22.0pp28.2%within the sector's middle half▼ 26.2pp84.6%above the sector's middle half▲ 56.4pp
Current ratio1.48within the sector's middle half-2.17within the sector's middle half▲ 0.691.39within the sector's middle half▼ 0.786.48above the sector's middle half▲ 5.10
Return on assets (ROA)22.0%above the sector's middle half-15.4%within the sector's middle half▼ 6.6pp1.2%within the sector's middle half▼ 14.2pp-19.0%below the sector's middle half▼ 20.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,172 after €972 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21,939
Fixed assets
€77 ▼ 75.0%
Current assets
€21,862 ▼ 72.7%
Equity and liabilities €21,939
Equity
€18,568 ▼ 18.3%
Debt
€3,371 ▼ 94.2%
Debt's share of the balance-sheet total falls from 71.8% to 15.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,940▼
2023 · €7,392
Cash flow
-€3,940▼
2023 · €7,392
Debt to equity
0.18▼
2023 · 2.54
ROE
-22.5%▼
2023 · 4.3%
Debt ≤ 1 year
€3,371▼
2023 · €57,786
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,597 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €239,301 | - | €24,624 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €230,235 | - | €35,971 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €154 | €6,421 | €232 | ▼ 96.4% |
| Other operating charges640/8 | €389 | €375 | - | - | - |
| Gross operating margin9900 | €13,044 | €9,066 | €7,392 | -€3,940 | ▼ 153% |
| Operating profit (loss)9901 | €12,654 | €8,537 | €972 | -€4,172 | ▼ 529% |
| Financial charges65/66B | €139 | €328 | - | - | - |
| Recurring financial charges65 | €139 | €328 | - | - | - |
| Profit (loss) for the period before taxes9903 | €12,515 | €8,209 | €972 | -€4,172 | ▼ 529% |
| Income taxes67/77 | €1,903 | €2,052 | - | - | - |
| Profit (loss) for the period9904 | €10,612 | €6,156 | €972 | -€4,172 | ▼ 529% |
| Profit (loss) for the period to be appropriated9905 | €10,612 | €6,156 | €972 | -€4,172 | ▼ 529% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €48,193 | €39,986 | €80,526 | €21,939 | ▼ 72.8% |
| Fixed assets21/28 | - | €541 | €309 | €77 | ▼ 75.0% |
| Tangible fixed assets22/27 | - | €541 | €309 | €77 | ▼ 75.0% |
| Furniture and vehicles24 | - | €541 | €309 | €77 | ▼ 75.0% |
| Current assets29/58 | €48,193 | €39,445 | €80,217 | €21,862 | ▼ 72.7% |
| Amounts receivable within one year40/41 | €480 | €22,248 | €69,579 | €19,879 | ▼ 71.4% |
| Trade receivables40 | - | €22,000 | €68,294 | €19,549 | ▼ 71.4% |
| Other amounts receivable41 | €480 | €248 | €1,285 | €330 | ▼ 74.3% |
| Cash at bank and in hand54/58 | €47,713 | €17,198 | €10,638 | €1,983 | ▼ 81.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €48,193 | €39,986 | €80,526 | €21,939 | ▼ 72.8% |
| Equity10/15 | €15,612 | €21,768 | €22,740 | €18,568 | ▼ 18.3% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | €5,000 | - | - | - | - |
| Other1109/19 | €5,000 | - | - | - | - |
| Profit (loss) carried forward14 | €10,612 | €16,768 | €17,740 | €13,568 | ▼ 23.5% |
| Amounts payable17/49 | €32,580 | €18,218 | €57,786 | €3,371 | ▼ 94.2% |
| Amounts payable within one year42/48 | €32,580 | €18,218 | €57,786 | €3,371 | ▼ 94.2% |
| Trade debts44 | €24,727 | €6,900 | €52,680 | €2,408 | ▼ 95.4% |
| Suppliers440/4 | €24,727 | €6,900 | €9,297 | €2,408 | ▼ 74.1% |
| Bills of exchange payable441 | - | - | €43,383 | - | - |
| Taxes, remuneration and social security45 | €7,603 | €9,655 | €1,024 | €964 | ▼ 5.9% |
| Taxes450/3 | €1,903 | €9,655 | €1,024 | €964 | ▼ 5.9% |
| Remuneration and social security454/9 | €5,700 | - | - | - | - |
| Other amounts payable47/48 | €250 | €1,663 | €4,083 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,612 | €6,156 | €972 | -€4,172 | ▼ 529% |
| + Depreciation and write-downs630 | - | €154 | €6,421 | €232 | ▼ 96.4% |
| Operating cash flow (approximation) | €10,612 | €6,311 | €7,392 | -€3,940 | ▼ 153% |
| Investment in fixed assets (approximation) | - | - | -€6,189 | €0 | ▲ 100% |
| Change in cash | - | -€30,515 | -€6,559 | -€8,655 | ▼ 32.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet -€4,172
Net result drops to -€4,172, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 6.48
Current ratio from 1.39 to 6.48; short-term debt falls from €57,786 to €3,371.
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Watermaal-Bosvoorde · 1 establishment unit since 2020
Ground area
1.4 ha
Building footprint
563 m²
Volume, LiDAR
16,569 m³
2 parcels, Brussels · tallest building 40.7 m, ±12 floors. Linked by address, not a title deed.
321
companies at this address
See who is registered here
1 establishment unit
NOVA PLUS
since 20202.316.336.838
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0214/00F000 | Brussels | 1.4 ha | 1 · 398 m² | 40.7 m · 12 fl. |
| 21001A0743/00S006 | Brussels | 167 m² | 1 · 166 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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
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REFORMAX
BE 0633.639.236
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Vloerwerken Jef Deckers
BE 0644.828.779
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De Busser J.P
BE 0692.880.797
Kasterlee · Eq €18,600
Alexandre Frisée
BE 0721.892.509
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Of 3,960 companies in sector 43331 we hold annual accounts for 1,788. 1,321 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
52250Logistics services
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747968681
Registered
31-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.