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NOVAC CONSTRUCT

Active
Private limited companyfounded 2016active for 10 yearsNieuwstraat 118, 1730 Asse, Belgium27 active companies are registered at this addressKBO/BCE: BE 0659.669.581

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

NOVAC CONSTRUCT has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,215 and a net result of €681. Equity has been stable since 2022 (±2.3% per year). Its solvency ranks better than 95% of 9,380 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 14-07-2016 Normal situation
Legal form
Private limited company
Registered office
Nieuwstraat 118, 1730 Asse
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.350.738.382 1730 Asse, since 01-10-2016
Financial year end
31 December
Peppol
Reachable since 22-11-2025

Board and ownership

Board

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€1,504
▼ 81.7%
Turnover
≈ €18,000
estimated
Profit
€681
▼ 90.9%
Equity
€32,215
▲ 2.2%
Total assets
€32,593
▼ 5.6%
2025 accounts filed 40 days before the deadline
Filed on 21-06-2026at the National Bank
Score breakdownraises riskSize: total assets €32,593Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskEquity €32,215 (98.8% of total assets)Figures for financial year 2025 (filed on 21-06-2026)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 56% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 98.8% of total assets
Liquidity 61+2
short-term debt 1.2% · cash 9.0%
Profitability 43-48
return on assets 2.1%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,451 companies, NACE 41, micro)
Last 24 months 11-2024: 2.6%highest value 12-2024: 2.5%▼ -0.1 percentage points vs 11-2024 01-2025: 2.4%▼ -0.1 percentage points vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.5%▲ +0.1 percentage points vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 1.4%▼ -1.1 percentage points vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.3%▼ -0.1 percentage points vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.0%▼ -0.3 percentage points vs 06-2026 08-2026: 1.2%▲ +0.2 percentage points vs 07-2026 09-2026: 1.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▼ -0.6 percentage points vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 86.25 (11.56 in 2024), above the usual 1.5. Short-term debt is 1.2% and cash 9% of total assets. 1.2% of the assets are financed with debt and provisions.
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 41, micro). It does better than 92% of them on solvency, 66% on liquidity, 25% on profitability and 41% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Size: total assets €32,593
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Equity €32,215 (98.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 21-06-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year €32,215
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 21-06-2026, 40 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
40 days early
2024
42 days early
2023
43 days early
2022
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 8 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in construction of buildingssector median 43.0% · 9,380 companies 98.8% View

Documents

Annual accounts at the NBB

Articles and registers

Key facts about NOVAC CONSTRUCT

What is the company number of NOVAC CONSTRUCT?
The company number of NOVAC CONSTRUCT is 0659.669.581. The VAT number is the same number with BE in front: BE 0659.669.581.
Where is NOVAC CONSTRUCT based?
The registered office is at Nieuwstraat 118, 1730 Asse.Company details
What does NOVAC CONSTRUCT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of NOVAC CONSTRUCT?
The legal form of NOVAC CONSTRUCT is Private limited company (BV).
When was NOVAC CONSTRUCT founded?
NOVAC CONSTRUCT was founded on 14-07-2016.
Is NOVAC CONSTRUCT still active?
Yes, NOVAC CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of NOVAC CONSTRUCT?
The turnover in financial year 2025 is ≈ €18,000. This figure is estimated from the gross margin of €1,504 and 268 comparable companies (NACE 41001). It probably lies between €9,400 and €33,000. It is a rough estimate.Financials
Is NOVAC CONSTRUCT profitable?
In financial year 2025, NOVAC CONSTRUCT made a profit of €681.
Where can I find the annual accounts of NOVAC CONSTRUCT?
NOVAC CONSTRUCT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of NOVAC CONSTRUCT due?
NOVAC CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as NOVAC CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €24,000 and €41,500, founded between 2015 and 2017.

CompanyTotal assetsGross margin
NOVAC CONSTRUCT Asse€32,593€1,504
S.HOME Asse€28,939€78
FILS & FISTON Drogenbos€33,472-€1,761
Q3 GROUP Londerzeel€30,272-€20,130
BELGO CONSTRUCT Asse€39,812-€25,573
DAVENCO Overijse€41,511€324
Jerzy Pajottegem€23,978-€6,934
Full comparison

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