NOVACAR
ActiveSummary
NOVACAR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114k and a net result of €-9k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-34
Solvency93▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.13 against 2.89 in 2024; short-term debt: 31.9% and cash: 72.6% of total assets), and 31.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
on the day
2023
351 d late
2022
77 d late
2021
153 d early
2020
11 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€114k▼ 7.6%
2024 · €123k
2018: €64k
2019: €75k
2020: €86k
2021: €99k
2022: €92k
2023: €108k
2024: €123k
2018 → 2025
Total assets
€167k▼ 11.3%
2024 · €188k
2018: €82k
2019: €94k
2020: €88k
2021: €122k
2022: €120k
2023: €150k
2024: €188k
2018 → 2025
Net result
€-9k
2024 · €15k
2018: €-4k
2019: €11k
2020: €11k
2021: €13k
2022: €-3k
2023: €15k
2024: €15k
2018 → 2025
Working capital
€114k▼ 7.6%
2024 · €123k
2018: €64k
2019: €75k
2020: €86k
2021: €99k
2022: €92k
2023: €108k
2024: €123k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€92k▼ 6.8%€108k▲ 16.7%€123k▲ 14.2%€114k▼ 7.6%
Operating result€13k-€2k▼ 82.2%€31k▲ 1,218%€15k▼ 50.3%€-7k
Net result€13k-€-3k€15k€15k▼ 0.5%€-9k
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 2025: a loss of €7k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167k
Fixed assets
€50 =
Current assets
€167k ▼ 11.3%
Equity and liabilities €167k
Equity
€114k ▼ 7.6%
Debt
€53k ▼ 18.2%
Debt's share of the balance-sheet total falls from 34.6% to 31.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
3.13▲
2024 · 2.89
Debt to equity
0.47▼
2024 · 0.53
ROE
-8.2%▼
2024 · 12.5%
ROA
-5.6%▼
2024 · 8.1%
Debt ≤ 1 year
€53k▼
2024 · €65k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€188k€167k▼
Fixed assets21/28€50€50=
Financial fixed assets28€50€50=
Current assets29/58€188k€167k▼
Amounts receivable within one year40/41€39k€40k▲
Trade receivables40€38k€39k▲
Other amounts receivable41€1k€797▼
Cash at bank and in hand54/58€144k€121k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€188k€167k▼
Equity10/15€123k€114k▼
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€100k€90k▼
Amounts payable17/49€65k€53k▼
Amounts payable within one year42/48€65k€53k▼
Trade debts44€6k€760▼
Suppliers440/4€6k€760▼
Taxes, remuneration and social security45€9k-
Taxes450/3€9k-
Other amounts payable47/48€50k€53k▲
Income statement
Code20242025
Other operating charges640/8€673€810▲
Gross operating margin9900€16k€-6k▼
Operating profit (loss)9901€15k€-7k▼
Financial charges65/66B€92€62▼
Recurring financial charges65€92€62▼
Profit (loss) for the period before taxes9903€15k€-7k▼
Income taxes67/77-€2k
Profit (loss) for the period9904€15k€-9k▼
Profit (loss) for the period to be appropriated9905€15k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€100k€90k▼
Profit (loss) brought forward from the previous period14P€84k€100k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-9k ▼161%
Net result drops to €-9k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 351 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-12
Financial
Equity above €100kEq €108k ▲16.7%
Equity rises from €92k to €108k.
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 77 days late
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Liquidity times 10current ratio 47.68
Current ratio from 5.00 to 47.68; short-term debt falls from €19k to €2k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
Show earlier events
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oreye · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue L. Maréchal 544360 Oreye1 establishment unit
Novacar
since 20102.185.964.581
Similar companies · same sector, comparable size
VD CONSULTING
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IDEA
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BELUX CAR LEASING
BE 0541.759.450
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ENTENDRE ET COMPRENDRE
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Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 1,415 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filings
Scores and ratios are computed by Checked and are not a credit decision.