NOVA - TEC
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 30-04-2026 PDF all 37 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8,290▼ 69.1%
2024 · €26,786
Working capital
-€470,718▼ 35.3%
2024 · -€348,034
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€15,284
▼ 13,076%
2025
20182025
Net result
€8,290
▼ 69.1%
2025
middle half of the sector
20182025
Equity
€91,624
▲ 9.9%
2025
lowest quarter of the sector
20182025
Total assets
€950,958
▲ 0.9%
2025
middle half of the sector
20182025
Debt
€859,334
=
2025
20182025
Working capital
-€470,718
▼ 35.3%
2025
lowest quarter of the sector
20182025
Solvency
9.6%
▲ 0.8pp
2025
lowest quarter of the sector
20182025
Current ratio
0.45
▼ 0.14
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
0.9%
▼ 2.0pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€46,068-€22,647-€14,088-€277▲ 98.0%-€3,921▼ 1,316%-€14,634▼ 273%-€116▲ 99.2%-€15,284▼ 13,076%
Net result-€46,533-€22,184-€14,568below the sector's middle half-€2,554below the sector's middle half▲ 82.5%-€5,032below the sector's middle half▼ 97.0%-€5,322below the sector's middle half▼ 5.8%€26,786within the sector's middle half€8,290within the sector's middle half▼ 69.1%
Equity€61,840-€84,024▲ 35.9%€69,456within the sector's middle half▼ 17.3%€66,902within the sector's middle half▼ 3.7%€61,870within the sector's middle half▼ 7.5%€56,548within the sector's middle half▼ 8.6%€83,334within the sector's middle half▲ 47.4%€91,624below the sector's middle half▲ 9.9%
Total assets€65,291-€86,218▲ 32.1%€189,608within the sector's middle half▲ 120%€343,105within the sector's middle half▲ 81.0%€631,469within the sector's middle half▲ 84.0%€738,486within the sector's middle half▲ 16.9%€942,480within the sector's middle half▲ 27.6%€950,958within the sector's middle half▲ 0.9%
Debt€3,451-€2,194▼ 36.4%€120,152▲ 55×€276,203▲ 130%€569,599▲ 106%€681,938▲ 19.7%€859,146▲ 26.0%€859,334=
Working capital€39,612-€68,045▲ 71.8%€59,117within the sector's middle half▼ 13.1%€12,202within the sector's middle half▼ 79.4%-€172,585below the sector's middle half-€158,944below the sector's middle half▲ 7.9%-€348,034below the sector's middle half▼ 119%-€470,718below the sector's middle half▼ 35.3%
Solvency94.7%-97.5%▲ 2.7pp36.6%within the sector's middle half▼ 60.8pp19.5%within the sector's middle half▼ 17.1pp9.8%below the sector's middle half▼ 9.7pp7.7%below the sector's middle half▼ 2.1pp8.8%below the sector's middle half▲ 1.2pp9.6%below the sector's middle half▲ 0.8pp
Current ratio12.48-32.01▲ 19.541.49within the sector's middle half▼ 30.521.04within the sector's middle half▼ 0.450.70below the sector's middle half▼ 0.350.77below the sector's middle half▲ 0.070.59below the sector's middle half▼ 0.170.45below the sector's middle half▼ 0.14
Return on assets (ROA)-71.3%-25.7%▲ 97.0pp-7.7%below the sector's middle half▼ 33.4pp-0.7%below the sector's middle half▲ 6.9pp-0.8%below the sector's middle half▼ 0.1pp-0.7%within the sector's middle half▲ 0.1pp2.8%within the sector's middle half▲ 3.6pp0.9%within the sector's middle half▼ 2.0pp
above
within
below
The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €15,284, larger than the loss of €116 in 2024. It is the lowest result since 2021.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €950,958
Fixed assets
€562,342 ▲ 30.4%
Current assets
€388,616 ▼ 24.0%
Equity and liabilities €950,958
Equity
€91,624 ▲ 9.9%
Debt
€859,334 =
Debt's share of the balance-sheet total falls from 91.2% to 90.4%. Equity is higher.
Key figures and ratios
Debt to equity
9.38▼
2024 · 10.31
ROE
9.0%▼
2024 · 32.1%
Debt ≤ 1 year
€859,334=
2024 · €859,146
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Financial fixed assets | €184,455 | - | €215,876 | €130,974 |
| Depreciation and write-downs of the year | €4,700 | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,640 | €5,640 | €5,640 | €5,640 | €4,700 | - | - | - | - |
| Other operating charges640/8 | - | - | - | - | €4 | - | - | - | - |
| Non-recurring operating charges66A | - | - | - | - | - | €1,527 | - | - | - |
| Gross operating margin9900 | -€40,000 | €29,589 | -€8,448 | €5,363 | €783 | -€13,107 | -€116 | -€15,284 | ▼ 13,076% |
| Operating profit (loss)9901 | -€46,068 | €22,647 | -€14,088 | -€277 | -€3,921 | -€14,634 | -€116 | -€15,284 | ▼ 13,076% |
| Financial income75/76B | - | - | - | - | €1,438 | €11,051 | €30,833 | €27,464 | ▼ 10.9% |
| Recurring financial income75 | €2 | €3 | €1 | - | €1,438 | €11,051 | €30,833 | €27,464 | ▼ 10.9% |
| Financial charges65/66B | - | - | - | - | €1,757 | €2,200 | €3,874 | €3,890 | ▲ 0.4% |
| Recurring financial charges65 | €467 | €466 | €481 | €2,219 | €1,757 | €2,200 | €3,874 | €3,890 | ▲ 0.4% |
| Profit (loss) for the period before taxes9903 | -€46,533 | €22,184 | -€14,568 | -€2,496 | -€4,240 | -€5,783 | €26,843 | €8,290 | ▼ 69.1% |
| Income taxes67/77 | - | - | - | €58 | €792 | -€461 | €57 | - | - |
| Profit (loss) for the period9904 | -€46,533 | €22,184 | -€14,568 | -€2,554 | -€5,032 | -€5,322 | €26,786 | €8,290 | ▼ 69.1% |
| Profit (loss) for the period to be appropriated9905 | -€46,533 | €22,184 | -€14,568 | -€2,554 | -€5,032 | -€5,322 | €26,786 | €8,290 | ▼ 69.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €65,291 | €86,218 | €189,608 | €343,105 | €631,469 | €738,486 | €942,480 | €950,958 | ▲ 0.9% |
| Fixed assets21/28 | €22,228 | €15,979 | €10,339 | €54,700 | €234,455 | €215,492 | €431,368 | €562,342 | ▲ 30.4% |
| Tangible fixed assets22/27 | €22,228 | €15,979 | €10,339 | €4,700 | - | - | - | - | - |
| Financial fixed assets28 | - | - | - | €50,000 | €234,455 | €215,492 | €431,368 | €562,342 | ▲ 30.4% |
| Current assets29/58 | €43,063 | €70,239 | €179,269 | €288,405 | €397,014 | €522,994 | €511,112 | €388,616 | ▼ 24.0% |
| Amounts receivable within one year40/41 | €11,217 | €63,142 | €50,198 | €16,543 | €13,449 | €7,217 | €9,768 | €7,638 | ▼ 21.8% |
| Trade receivables40 | - | - | - | - | €13,449 | €5,202 | - | - | - |
| Other amounts receivable41 | - | - | - | - | - | €2,015 | €9,768 | €7,638 | ▼ 21.8% |
| Current investments50/53 | €20,000 | - | €110,000 | - | - | €390,000 | €433,736 | €250,000 | ▼ 42.4% |
| Cash at bank and in hand54/58 | €1,788 | €7,070 | €19,071 | €271,862 | €383,565 | €125,777 | €67,608 | €130,978 | ▲ 93.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €65,291 | €86,218 | €189,608 | €343,105 | €631,469 | €738,486 | €942,480 | €950,958 | ▲ 0.9% |
| Equity10/15 | €61,840 | €84,024 | €69,456 | €66,902 | €61,870 | €56,548 | €83,334 | €91,624 | ▲ 9.9% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €16,762 | €16,762 | €16,762 | €16,762 | €16,762 | €16,762 | €16,762 | €16,762 | = |
| Non-distributable reserves130/1 | - | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | - | - | €10,562 | €10,562 | €10,562 | €10,562 | = |
| Profit (loss) carried forward14 | -€16,922 | €5,262 | -€9,306 | -€11,860 | -€16,892 | -€22,214 | €4,572 | €12,862 | ▲ 181% |
| Amounts payable17/49 | €3,451 | €2,194 | €120,152 | €276,203 | €569,599 | €681,938 | €859,146 | €859,334 | = |
| Amounts payable within one year42/48 | €3,451 | €2,194 | €120,152 | €276,203 | €569,599 | €681,938 | €859,146 | €859,334 | = |
| Trade debts44 | €3,451 | €800 | €152 | €7,307 | €1,175 | €1,938 | €146 | €334 | ▲ 129% |
| Suppliers440/4 | - | - | - | - | €1,175 | €1,938 | €146 | €334 | ▲ 129% |
| Taxes, remuneration and social security45 | - | - | - | - | €424 | - | - | - | - |
| Taxes450/3 | - | - | - | - | €424 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €568,000 | €680,000 | €859,000 | €859,000 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€46,533 | €22,184 | -€14,568 | -€2,554 | -€5,032 | -€5,322 | €26,786 | €8,290 | ▼ 69.1% |
| + Depreciation and write-downs630 | €5,640 | €5,640 | €5,640 | €5,640 | €4,700 | - | - | - | - |
| Operating cash flow (approximation) | -€40,893 | €27,824 | -€8,928 | €3,086 | -€332 | -€5,322 | €26,786 | €8,290 | ▼ 69.1% |
| Investment in fixed assets (approximation) | - | €609 | €0 | -€50,001 | -€184,455 | €18,963 | -€215,876 | -€130,974 | ▲ 39.3% |
| Change in cash | - | €5,282 | €12,001 | €252,791 | €111,703 | -€257,788 | -€58,169 | €63,370 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-04-2026 | 2026-00097063 | |
| 31-12-2024 | full format | 01-04-2025 | 2025-00060002 | |
| 31-12-2023 | full format | 22-04-2024 | 2024-00065950 | |
| 31-12-2022 | full format | 09-05-2023 | 2023-00083256 | |
| 31-12-2021 | full format | 16-03-2022 | 2022-07800363 | |
| 31-12-2020 | full format | 14-04-2021 | 2021-10300456 | |
| 31-12-2019 | full format | 18-03-2020 | 2020-06900487 | |
| 31-12-2018 | full format | 20-03-2019 | 2019-07400122 | |
| 31-12-2017 | full format | 06-04-2018 | 2018-09300567 | |
| 31-12-2016 | full format | 04-05-2017 | 2017-11300104 |