Debts
€133,072 99% of the balance sheet
Financial debts 4%Suppliers 8%Taxes and wages 49%Other 39%
Of this, €128,362 falls due within a year.
NOVA WORK
Overview
Lifetime
1 annual account with figurespeak €90,431 (2025)
€90,431
lowest -€28,912 (2025)
-€28,912
peak €1,088 (2025)
€1,088
€133,072
Board1 name since 2024
1 directorAlves Morais dos Santos Ruben
Documentsfilings and deeds
31-10-202692 days late
2025micro format
Loss of €28,912Company renamed from Traiteur JASPAR to NOVA WORK 29-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsAt the same address
17 companies
Position in the sector
-€28,912
Lower net result than 92% of companies in employment activities. Sector median €15,117 · 981 companies.
2025 accounts filed 92 days after the deadline
Checked score
49
Fair
Financially stronger than 9% of micro companies in employment activities (NACE 78)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 1,379 companies (NACE 78, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.1%lowest value
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.3%▲ +0.1 percentage points vs 04-2026
06-2026: 1.4%▲ +0.1 percentage points vs 05-2026
07-2026: 1.5%▲ +0.1 percentage points vs 06-2026
08-2026: 1.6%▲ +0.1 percentage points vs 07-2026
09-2026: 1.5%▼ -0.1 percentage points vs 08-2026
10-2026: 1.9%▲ +0.4 percentage points vs 09-2026
11-2026: 2.8%▲ +0.9 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 92 days late; 1 of the last 3 accounts late
Founded in 2024
2 establishment units
lowers risk
Sector: Employment activities (NACE 78)
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 78, micro). It does better than 16% of them on solvency, 4% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 08-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.35, below 1. Short-term debt is 95.7% and cash 2.3% of total assets. 99.2% of the assets are financed with debt and provisions.
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
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 981 sector peers (2025).
NBB · sector comparisonPosition among 981 sector peers
Solvency
better than 15%
← weakest
strongest →
raises risk · 2025 accounts filed 92 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-10-2026, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2025
92 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- RLM SERVICE 90 sharesdeed of 13-12-2024
- LEE Kyung Ho 10 sharesdeed of 13-12-2024
Recent changes
New establishment in Liège
Esplanade Simone VEIL 1
Company renamed from Traiteur JASPAR to NOVA WORK
“Les services d’hôtesses,de stewards d’accueil et l’horeca au sens le plus large,l’organisation et la mise en…” (deed in French) · General meeting of 23-04-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017194953
First establishment
Herrmann-Debrouxlaan 42, Auderghem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOVA WORK Auderghem | €134,159 | €90,431 | 0.8% | - |
| LDI 2 connect Destelbergen | €145,694 | €92,612 | 73.0% | - |
| KMPAY Dilbeek | €158,277 | €76,699 | 34.1% | - |
| EDWARD MOUNT Forest | €106,449 | €71,062 | 44.7% | - |
| HR Flow Braine-l'Alleud | €116,658 | €62,917 | 52.1% | - |
| JMB-Partners Antwerp | €111,867 | €76,268 | 28.3% | - |
| HENSACON Beerse | €96,247 | €83,383 | 66.4% | - |
These companies have the same main activity as NOVA WORK: temporary employment agencies and other provision of personnel (NACE 78200). They are comparable in size and age: total assets between €96,200 and €158,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 11-12-2024Normal situation
- Registered office
- 18 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Temporary employment agencies and other provision of personnelNACE 78200and 2 others
- Establishment units
- 2.373.718.2761160 Auderghem, since 01-01-2025
- 2.393.670.0874000 Liège, since 07-09-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2025
Annual accounts 2025
- €90,431
- ≈ €270,000estimated
- €28,912
- €1,088
- €134,159
- Employeeson 31-12-2025
- 6
- Filing
- Filed on 31-10-2026
Insights on NOVA WORK
The computed 12-month bankruptcy probability of NOVA WORK is 2.8% (moderate). The 2025 annual accounts show equity of €1,088 and a net result of -€28,912.
Its solvency ranks better than 15% of 981 sector peers (NACE 78, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-10-2026, 92 days late€90,431
-€28,664
-€28,912
-€84,034
0.8%
0.35
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €180,000 and €470,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €134,159 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
0.8%
Higher than 15% of 981 companies in 2025.
0.35
Lower than 95% of 947 companies in 2025.
-21.6%
Higher than 10% of 950 companies in 2025.
NOVA WORK
Middle half of the sector
80% of the sector
Micro accounts in employment activities (NACE 78)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€7,155
Staff costs divided by the average number of full-time equivalents.
13 hours per contract
contracts started
contracts ended
In 2025, 429 short contracts started and 421 ended, on average 13 hours worked per contract. Staff averaged 16 full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
134,159 | |
21/28 |
89,831 | |
21 |
14,831 | |
28 |
75,000 | |
29/58 |
44,328 | |
40/41 |
41,282 | |
40 |
41,282 | |
54/58 |
3,046 | |
| Balance sheet: equity and liabilities | ||
10/49 |
134,159 | |
10/15 |
1,088 | |
10/11 |
30,000 | |
14 |
-28,912 | |
17/49 |
133,072 | |
17 |
4,710 | |
170/4 |
4,710 | |
42/48 |
128,362 | |
42 |
4,894 | |
44 |
10,943 | |
440/4 |
10,943 | |
45 |
65,274 | |
450/3 |
17,046 | |
454/9 |
48,228 | |
47/48 |
47,251 | |
| Income statement | ||
9900 |
90,431 | |
62 |
116,625 | |
630 |
2,469 | |
9901 |
-28,664 | |
65/66B |
249 | |
65 |
249 | |
9903 |
-28,912 | |
9904 |
-28,912 | |
9905 |
-28,912 | |
| Appropriation of the result | ||
9906 |
-28,912 | |
| Social balance sheet | ||
9087 |
16.3 | |
Hours worked1013 |
5,448 | |
| Document | ||
The notes to these accounts have 8 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 31-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 92 days after the deadline. Filed on 31 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00598719.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-10-2026 | 2026-00598719 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -26,195 | ||
| -26,443 | ||
| 92,300 | ||
| -84,034 | ||
| 0.8% | ||
| 0.35 | ||
| -21.6% | ||
| -105.38 |
A ratio outside any meaningful range has been withheld (balance sheet total €134,159, equity €1,088).
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.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 6 |
| part-time | 6 |
| in full-time equivalents | 4.1 |
| 2.8 | |
| Joined | 429 |
| Left | 421 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Intangible fixed assets | €17,300 |
| Financial fixed assets | €75,000 |
| €2,469 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on NOVA WORK
Debt's share of the balance-sheet total is 99.2%.
Board & ownership
Board
1 director, since incorporationDirector
since 11-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 31-10-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 13 : Représentation de la société L’administrateur (chacun des administrateurs) représente la société à l'égard des tiers et en…”deed of 13-12-2024
Mandates through the years
1 name, the dashed line is todayAlves Morais dos Santos Ruben
Director
Director
Board
Mandates as a list
- Alves Morais dos Santos Ruben
- Director, from 11-12-2024 to date
Control
Capital
- Contribution
- €30,000
- Source
- deed of 13-12-2024
Articles of association
deed of 13-12-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, toutes cessions entre vifs à titre onéreux ou gratuit,volontaires ou…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00
Shareholders
At incorporation
deed of 13-12-2024 ↗
- RLM SERVICE (BE 0790.311.161) 90 shares · €27,000 in cash
- LEE Kyung Ho 10 shares · €3,000 in cash
Network & group
No group
NOVA WORK has no parent and no holdings in its annual accounts. Alves Morais dos Santos Ruben is the only director. NOVA WORK shares no director with another company.
At the same address
Herrmann-Debrouxlaan 42, 1160 Auderghem · 17 other companies| CROWN AVENUE
establishment since 13-07-2004 · founded in 2004 · negative equity (2024) · accounts filed late |
total assets €60.9m (2024) 0866.327.388 |
| BSTOR
registered office since 16-02-2016 · founded in 2016 |
9.9 FTE (2025) 0648.717.687 |
| D-STOR
registered office since 19-12-2023 · founded in 2023 |
total assets €57.6m (2025) 1003.618.616 |
| Debrouckère Development
establishment since 08-08-2018 · founded in 2018 |
total assets €56.5m (2025) 0700.731.661 |
| Debrouckère Leisure
establishment since 16-07-2020 · founded in 2020 |
total assets €5.2m (2025) 0750.734.567 |
| Les Jardins de Oisquercq
establishment since 31-07-2008 · founded in 2008 · negative equity (2025) |
total assets €3.5m (2025) 0899.580.572 |
| Debrouckère Office
establishment since 16-07-2020 · founded in 2020 |
total assets €607,513 (2025) 0750.735.557 |
| IMMO PA33 1
establishment since 14-05-2012 · founded in 2012 |
total assets €478,877 (2025) 0845.710.336 |
| RLM service
registered office since 01-09-2022 · founded in 2022 · accounts filed late |
total assets €192,739 (2024) 0790.311.161 |
| IMMO PA44 2
establishment since 14-05-2012 · founded in 2012 |
total assets €136,532 (2025) 0845.709.049 |
Timeline
Timeline
6 events since 2024Filings
Establishments
Other
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 92 days late
New establishment in Liège Esplanade Simone VEIL 1
2025
Company renamed from Traiteur JASPAR to NOVA WORK“Les services d’hôtesses,de stewards d’accueil et l’horeca au sens le plus large,l’organisation et la mise en…” (deed in French) · General meeting of 23-04-20253 points ▸
- General meeting, 23-04-2025
- Purpose change, “Les services d’hôtesses,de stewards d’accueil et l’horeca au sens le plus large,l’organisation et la mise en œuvre de l’accueil et de l’encadrement de tout…” (deed in French)
- Name change, NOVA WORK
- The deed holds 1 more point.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017194953
First establishment Herrmann-Debrouxlaan 42, Auderghem
2024
IncorporationFounding capital of €30,000 · Founders: RLM SERVICE and LEE Kyung Ho · Appointment: Alves Morais dos Santos Ruben (director) · published on 13-12-20245 points ▸
- Board rule, 1
- Director appointment, Alves Morais dos Santos Ruben
- Founder, RLM SERVICE
- Founder, LEE Kyung Ho
- Founding capital, €30,000
- The deed holds 9 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 11 December 2024, NOVA WORK was incorporated as a private limited company by RLM SERVICE and one natural person, with a starting capital of €30,000.12 Since 2025 the company has been called NOVA WORK.3 Alves Morais dos Santos Ruben has served as director since 2024.4
Company details
Identity
- Enterprise number
- 1017.194.953
- VAT number
- BE 1017.194.953
- Peppol ID
- 0208:1017194953
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00deed of 13-12-2024 (in French)
- Peppol
- Reachable since 06-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NOVA WORK in French
- Former name
- Traiteur JASPAR until the deed of 29-04-2025
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-12-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “1160 Auderghem Avenue Hermann-Debroux 42”deed of 13-12-2024 (in French)
Activities
NACEBEL 2025VAT activities
78200
Temporary employment agencies and other provision of personnel main activity
Social security (RSZ) activities
78200
Temporary employment agencies and other provision of personnel main activity
Registered office and establishments
2 establishments| Establishment | Since | Unit number |
|---|---|---|
| Herrmann-Debrouxlaan 42 registered office 1160 Auderghem | 01-01-2025 | 2.373.718.276 |
| Esplanade Simone VEIL 1 4000 Liège | 07-09-2026 | 2.393.670.087 |
Buildings and parcels at the addresses
- Ground area
- 1.1 ha
- Buildings
- 2,419 m²
- Volume, LiDAR
- 41,930 m³
- Tallest building
- 27.6 m
Buildings to scale, each on its own parcel
Parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62814C0006/00G002 | Wallonia | 6,004 m² | - | - |
| 21332B0424/00D008 | Brussels | 5,192 m² | 1 · 2,419 m² | 27.6 m · 7 |