NOVACON
ActiveSummary
NOVACON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €60k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 82% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+8
Solvency100▲+30
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 7.83 against 1.65 in 2024; short-term debt: 12.2% and cash: 51.9% of total assets), and 13.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.2%
Return on assets
42.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
32 d early
2024
26 d early
2023
1 d early
2022
on the day
2021
83 d late
2020
8 d late
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 99.3%
2024 · €60k
Total assets
€139k▲ 3.6%
2024 · €134k
Net result
€60k▲ 141%
2024 · €25k
Working capital
€116k▲ 140%
2024 · €48k
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
Operating result€-4k▼ 222%€-2k▲ 40.6%€-678▲ 68.9%€35k€84k▲ 141%
Net result€-5k▼ 84.9%€-3k▲ 28.5%€-2k▲ 35.7%€25k€60k▲ 141%
Equity€41k▼ 10.4%€38k▼ 8.3%€35k▼ 5.8%€60k▲ 69.9%€120k▲ 99.3%
Total assets€64k▲ 32.1%€77k▲ 18.7%€107k▲ 39.3%€134k▲ 26.0%€139k▲ 3.6%
Debt€23k▲ 675%€39k▲ 65.9%€71k▲ 82.9%€74k▲ 4.2%€19k▼ 74.1%
Working capital€35k▼ 17.3%€34k▼ 3.2%€14k▼ 58.7%€48k▲ 245%€116k▲ 140%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 141% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139k
Fixed assets
€6k ▼ 46.5%
Current assets
€133k ▲ 8.5%
Equity and liabilities €139k
Equity
€120k ▲ 99.3%
Debt
€19k ▼ 74.1%
Debt's share of the balance-sheet total falls from 55.2% to 13.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▲
2024 · €40k
Cash flow
€65k▲
2024 · €30k
Current ratio
7.83▲
2024 · 1.65
Debt to equity
0.16▼
2024 · 1.23
ROE
49.8%▲
2024 · 41.1%
ROA
42.9%▲
2024 · 18.4%
Interest coverage
42.01▼
2024 · 622.42
Debt ≤ 1 year
€17k▼
2024 · €74k
Income taxes
€22k▲
2024 · €10k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €891 | €6k | €6k | ▼ 0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €13k | €82k | €8k | €-82k | ▼ 1,158% |
| Other operating charges640/8 | - | €1k | €2k | €1k | €769 | ▼ 45.1% |
| Non-recurring operating charges66A | - | - | - | €2k | - | - |
| Gross operating margin9900 | €12k | €14k | €84k | €51k | €8k | ▼ 84.2% |
| Operating profit (loss)9901 | €-4k | €-2k | €-678 | €35k | €84k | ▲ 141% |
| Financial income75/76B | - | - | - | - | €110 | - |
| Recurring financial income75 | €0 | - | - | - | €110 | - |
| Financial charges65/66B | - | €347 | €231 | €65 | €2k | ▲ 3,175% |
| Recurring financial charges65 | €447 | €347 | €231 | €65 | €2k | ▲ 3,175% |
| Profit (loss) for the period before taxes9903 | €-4k | €-3k | €-910 | €35k | €82k | ▲ 135% |
| Income taxes67/77 | €638 | €873 | €1k | €10k | €22k | ▲ 120% |
| Profit (loss) for the period9904 | €-5k | €-3k | €-2k | €25k | €60k | ▲ 141% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €-3k | €-2k | €25k | €60k | ▲ 141% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64k | €77k | €107k | €134k | €139k | ▲ 3.6% |
| Fixed assets21/28 | €6k | €5k | €22k | €12k | €6k | ▼ 46.5% |
| Tangible fixed assets22/27 | €2k | €799 | €17k | €12k | €6k | ▼ 48.5% |
| Furniture and vehicles24 | - | €799 | €14k | €9k | €4k | ▼ 53.0% |
| Other tangible fixed assets26 | - | - | €3k | €2k | €1k | ▼ 28.6% |
| Financial fixed assets28 | €5k | €5k | €5k | €500 | €500 | = |
| Current assets29/58 | €58k | €71k | €85k | €122k | €133k | ▲ 8.5% |
| Amounts receivable within one year40/41 | €46k | €67k | €57k | €120k | €59k | ▼ 51.0% |
| Trade receivables40 | - | €67k | €57k | €120k | €56k | ▼ 53.7% |
| Other amounts receivable41 | - | - | - | - | €3k | - |
| Cash at bank and in hand54/58 | €10k | €3k | €26k | €554 | €72k | ▲ 12,931% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €2k | ▲ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64k | €77k | €107k | €134k | €139k | ▲ 3.6% |
| Equity10/15 | €41k | €38k | €35k | €60k | €120k | ▲ 99.3% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €19k | €16k | €13k | €38k | €98k | ▲ 156% |
| Amounts payable17/49 | €23k | €39k | €71k | €74k | €19k | ▼ 74.1% |
| Amounts payable within one year42/48 | €23k | €37k | €71k | €74k | €17k | ▼ 77.1% |
| Trade debts44 | €4k | €220 | €1k | €427 | €2k | ▲ 457% |
| Suppliers440/4 | - | €220 | €1k | €427 | €2k | ▲ 457% |
| Taxes, remuneration and social security45 | - | €4k | €10k | €6k | €300 | ▼ 95.1% |
| Taxes450/3 | - | €4k | €10k | €6k | €300 | ▼ 95.1% |
| Other amounts payable47/48 | - | €34k | €60k | €68k | €14k | ▼ 78.9% |
| Accrued charges and deferred income492/3 | - | €1k | €145 | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €-3k | €-2k | €25k | €60k | ▲ 141% |
| + Depreciation and write-downs630 | €2k | €2k | €891 | €6k | €6k | ▼ 0.4% |
| Operating cash flow (approximation) | €-3k | €-2k | €-1k | €30k | €65k | ▲ 115% |
| Investment in fixed assets (approximation) | - | €-823 | €-17k | €4k | €0 | ▼ 100% |
| Change in cash | - | €-7k | €24k | €-26k | €72k | ▲ 376% |
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
Next filing, fiscal year 2026, expected by
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €60k ▲141%
Operating result €84k, net result €60k, both a record.
31-03
Financial
Liquidity times 5current ratio 7.83
Current ratio from 1.65 to 7.83; short-term debt falls from €74k to €17k.
31-03
Financial
Equity above €100kEq €120k ▲99.3%
2 profitable years in a row build equity to €120k.
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €25k
Net result €25k after 4 loss-making years.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
22-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 83 days late
2021
31-03
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
2020
08-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 8 days late
31-03
Financial
Liquidity times 5current ratio 15.65
Current ratio from 2.97 to 15.65; short-term debt falls from €24k to €3k.
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Herzele · 1 establishment unit since 2017
Ground area
571 m²
Building footprint
127 m²
Volume, LiDAR
746 m³
Parcel 41062A0778/00L002, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NOVAFISK
since 20172.264.709.379
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41062A0778/00L002 | Flanders | 571 m² | 1 · 127 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,479 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
Founded22-05-2017
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.