NOVABUILD
ActiveSummary
The computed 12-month bankruptcy probability of NOVABUILD is 1.9% (moderate). The 2025 annual accounts show equity of €161,249 and a net result of €6,911. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 28051 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability60▲+47
Solvency49▼-4
Growth49▲+4
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.17 against 1.22 in 2024; short-term debt: 50% and cash: 0% of total assets), and 75.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
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 · Filed more than 90 days late
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 11-02-2026, 164 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2026
not confirmed
2025
164 d late
2024
87 d late
2023
37 d late
2022
111 d late
2021
57 d late
2020
10 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 78 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
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Financials · fiscal year 2025, micro schema
Turnover
€859,806▲ 19.8%
2024 · €717,746
EBIT margin
1.5%▲ 5.3pp
2024 · -3.8%
Net result
€6,911
2024 · -€33,014
Working capital
€55,788▲ 25.8%
2024 · €44,352
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.1m▲ 25.7%€1.1m▲ 1.0%€1.3m▲ 19.5%€717,746▼ 46.2%€859,806▲ 19.8%
Operating result€59,396▲ 294%€75,804▲ 27.6%€44,702▼ 41.0%-€27,275€12,574
Net result€54,372▲ 390%€55,153▲ 1.4%€29,118▼ 47.2%-€33,014€6,911
EBIT margin5.4%▲ 3.7pp6.8%▲ 1.4pp3.3%▼ 3.4pp-3.8%▼ 7.1pp1.5%▲ 5.3pp
Equity€103,080▲ 112%€158,233▲ 53.5%€187,352▲ 18.4%€154,338▼ 17.6%€161,249▲ 4.5%
Total assets€603,634▲ 321%€739,816▲ 22.6%€890,467▲ 20.4%€550,374▼ 38.2%€658,512▲ 19.6%
Debt€500,554▲ 429%€581,582▲ 16.2%€703,116▲ 20.9%€396,036▼ 43.7%€497,263▲ 25.6%
Working capital€36,374▼ 8.4%€53,934▲ 48.3%€83,235▲ 54.3%€44,352▼ 46.7%€55,788▲ 25.8%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €12,574 after a loss of €27,275 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €658,512
Fixed assets
€273,316 ▼ 9.6%
Current assets
€385,196 ▲ 55.3%
Equity and liabilities €658,512
Equity
€161,249 ▲ 4.5%
Debt
€497,263 ▲ 25.6%
Debt's share of the balance-sheet total rises from 72.0% to 75.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45,136▲
2024 · -€4,079
Cash flow
€39,474▲
2024 · -€9,818
Current ratio
1.17▼
2024 · 1.22
Quick ratio
1.12▼
2024 · 1.14
Debt to equity
3.08▲
2024 · 2.57
ROE
4.3%▲
2024 · -21.4%
ROA
1.0%▲
2024 · -6.0%
Interest coverage
6.17▲
2024 · -0.51
Debt ≤ 1 year
€329,408▲
2024 · €203,644
Debt > 1 year
€167,856▼
2024 · €192,392
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.1m | €1.1m | €1.3m | €717,746 | €859,806 | ▲ 19.8% |
| Goods, raw materials, services and sundry goods60/61 | - | €1.0m | €1.3m | €708,845 | €749,581 | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,970 | €23,399 | €20,521 | €23,196 | €32,563 | ▲ 40.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €28,856 | - |
| Other operating charges640/8 | - | €1,222 | €13,587 | €12,980 | €36,233 | ▲ 179% |
| Gross operating margin9900 | €74,725 | €100,425 | €78,809 | €8,901 | €110,225 | ▲ 1,138% |
| Operating profit (loss)9901 | €59,396 | €75,804 | €44,702 | -€27,275 | €12,574 | ▲ 146% |
| Financial income75/76B | - | €10 | €3,418 | €2,219 | €1,650 | ▼ 25.6% |
| Recurring financial income75 | €38 | €10 | €3,418 | €2,219 | €1,650 | ▼ 25.6% |
| Financial charges65/66B | - | €7,202 | €7,963 | €7,958 | €7,313 | ▼ 8.1% |
| Recurring financial charges65 | €1,858 | €7,202 | €7,963 | €7,958 | €7,313 | ▼ 8.1% |
| Profit (loss) for the period before taxes9903 | €57,576 | €68,612 | €40,157 | -€33,014 | €6,911 | ▲ 121% |
| Income taxes67/77 | €3,204 | €13,458 | €11,039 | €0 | - | - |
| Profit (loss) for the period9904 | €54,372 | €55,153 | €29,118 | -€33,014 | €6,911 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €54,372 | €55,153 | €29,118 | -€33,014 | €6,911 | ▲ 121% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €603,634 | €739,816 | €890,467 | €550,374 | €658,512 | ▲ 19.6% |
| Fixed assets21/28 | €249,387 | €306,466 | €291,321 | €302,378 | €273,316 | ▼ 9.6% |
| Tangible fixed assets22/27 | €249,312 | €306,391 | €291,246 | €302,303 | €273,241 | ▼ 9.6% |
| Land and buildings22 | - | €269,135 | €258,410 | €247,685 | €236,960 | ▼ 4.3% |
| Plant, machinery and equipment23 | - | €5,925 | €4,518 | €3,110 | €4,792 | ▲ 54.1% |
| Furniture and vehicles24 | - | €31,331 | €28,318 | €51,507 | €31,489 | ▼ 38.9% |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | €75 | = |
| Current assets29/58 | €354,247 | €433,349 | €599,146 | €247,996 | €385,196 | ▲ 55.3% |
| Stocks and contracts in progress3 | - | - | - | €15,719 | €16,329 | ▲ 3.9% |
| Stocks30/36 | - | - | - | €15,719 | €16,329 | ▲ 3.9% |
| Amounts receivable within one year40/41 | €346,995 | €420,542 | €591,545 | €199,018 | €365,839 | ▲ 83.8% |
| Trade receivables40 | - | €410,156 | €573,735 | €187,060 | €325,652 | ▲ 74.1% |
| Other amounts receivable41 | - | €10,387 | €17,809 | €11,958 | €40,187 | ▲ 236% |
| Cash at bank and in hand54/58 | €421 | €7,447 | €2,443 | €2,694 | €66 | ▼ 97.5% |
| Deferred charges and accrued income490/1 | - | €5,360 | €5,158 | €30,566 | €2,962 | ▼ 90.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €603,634 | €739,816 | €890,467 | €550,374 | €658,512 | ▲ 19.6% |
| Equity10/15 | €103,080 | €158,233 | €187,352 | €154,338 | €161,249 | ▲ 4.5% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €95,020 | €150,173 | €179,292 | €146,278 | €153,189 | ▲ 4.7% |
| Amounts payable17/49 | €500,554 | €581,582 | €703,116 | €396,036 | €497,263 | ▲ 25.6% |
| Amounts payable after more than one year17 | €182,682 | €202,167 | €187,205 | €192,392 | €167,856 | ▼ 12.8% |
| Financial debts170/4 | - | €202,167 | €187,205 | €192,392 | €167,856 | ▼ 12.8% |
| Amounts payable within one year42/48 | €317,872 | €379,415 | €515,911 | €203,644 | €329,408 | ▲ 61.8% |
| Current portion of amounts payable after more than one year42 | - | €18,870 | €14,962 | €23,797 | €24,536 | ▲ 3.1% |
| Financial debts43 | - | €4,577 | €9,999 | €8,121 | €9,942 | ▲ 22.4% |
| Credit institutions430/8 | - | €4,577 | €9,999 | €8,121 | €9,942 | ▲ 22.4% |
| Trade debts44 | €251,003 | €300,712 | €452,191 | €159,405 | €290,841 | ▲ 82.5% |
| Suppliers440/4 | - | €62,717 | €452,191 | €159,405 | €290,841 | ▲ 82.5% |
| Bills of exchange payable441 | - | €237,995 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €28,721 | €36,593 | €12,321 | €4,088 | ▼ 66.8% |
| Taxes450/3 | - | €16,662 | €24,143 | €6,931 | €4,088 | ▼ 41.0% |
| Remuneration and social security454/9 | - | €12,058 | €12,450 | €5,389 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €26,535 | €2,166 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,372 | €55,153 | €29,118 | -€33,014 | €6,911 | ▲ 121% |
| + Depreciation and write-downs630 | €10,970 | €23,399 | €20,521 | €23,196 | €32,563 | ▲ 40.4% |
| Operating cash flow (approximation) | €65,342 | €78,552 | €49,639 | -€9,818 | €39,474 | ▲ 502% |
| Investment in fixed assets (approximation) | - | -€80,478 | -€5,376 | -€34,252 | -€3,501 | ▲ 89.8% |
| Change in cash | - | €7,026 | -€5,004 | €250 | -€2,627 | ▼ 1,150% |
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
2026
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 164 days late
2025
31-01
Financial
Back to profitnet €6,911
Net result €6,911 after one loss-making year.
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 87 days late
31-01
Financial
Weakest financial yearnet -€33,014
Net result drops to -€33,014, the lowest in the series; recovery starts the following year.
2023
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 37 days late
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 111 days late
31-01
Financial
Highest result since 2019net €55,153 ▲1.4%
Operating result €75,804, net result €55,153, both a record.
31-01
Financial
Equity above €150,000Eq €158,233 ▲53.5%
4 profitable years in a row build equity to €158,233.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
31-01
Financial
Equity above €100,000Eq €103,080 ▲112%
3 profitable years in a row build equity to €103,080.
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2019
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 2 days late
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 26 days late
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, Sint-Agatha-Berchem · 1 establishment unit since 2015
Ground area
932 m²
Building footprint
314 m²
Volume, LiDAR
4,824 m³
2 parcels, Brussels · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
NOVABUILD
since 20152.242.460.153
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0241/00L005 | Brussels | 749 m² | 1 · 229 m² | 19.3 m · 6 fl. |
| 21342B0096/00K003 | Brussels | 183 m² | 1 · 84 m² | 15.1 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 6,006 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 (pre-2019)
Founded31-05-2015
Fiscal year end31-01
Activities, NACEBEL 2025
43990Other specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Scores and ratios are computed by Checked and are not a credit decision.