Financials
- Financial year
- 2025
- Total assets
- €887,078
- Loss
- -€115,713
- Solvency
- 17.3%
Turnover
Net result
20182022
NOVAGARE
ActiveSummary
NOVAGARE has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,154 and a net result of -€115,713. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 42% of 5,671 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Personal service activities
NACE 96101
1 site
Size
€887,078total assets 2025
- Equity
- €153,154
- Loss
- -€115,713
Turnover not published (micro format)
Structure
- Parent
- VENTS D'HOUYET · 100%
2025 accounts 32 days early8 deeds in the Belgian Official Gazette
Why 64raises riskLiquidity: current ratio 0.03, cash €0Loss of €115,713, the second in a row (financial year 2025)lowers riskSize: total assets €887,078Founded in 1997Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 20% of its sector peers (NACE 96, micro)
Financial strength · tick = 2024
Weak
Solvency
42-3
equity 17.3% of total assets
Liquidity
5-1
short-term debt 82.7% · cash 0.0%
Profitability
2-7
return on assets -13.0%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● unchanged vs 11-2024
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.1%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.0%▼ -0.1 percentage points vs 05-2025
07-2025: 1.2%▲ +0.2 percentage points vs 06-2025
08-2025: 1.8%▲ +0.6 percentage points vs 07-2025
09-2025: 2.1%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 0.9%▼ -1.2 percentage points vs 09-2025
11-2025: 0.8%▼ -0.1 percentage points vs 10-2025lowest value
12-2025: 0.8%● unchanged vs 11-2025lowest value
01-2026: 0.8%● unchanged vs 12-2025lowest value
02-2026: 0.8%● unchanged vs 01-2026lowest value
03-2026: 0.8%● unchanged vs 02-2026lowest value
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.8%▼ -0.1 percentage points vs 05-2026
07-2026: 1.1%▲ +0.3 percentage points vs 06-2026
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.03, compared with 0.03 in 2024, below 1; short-term debt: 82.7% and cash: 0% of total assets), and 82.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 96, micro): better than 42% on solvency, 6% on liquidity, 18% on profitability and 14% on growth.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€115,713
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
27 days late
2023
12 days early
2022
28 days late
2021
4 days late
2020
8 days early
2019
42 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% 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 4 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€115,713
- General meeting · Director resignationPermanent representative · Director appointment
Key points
By topic
Board & ownership
- Parent
- VENTS D'HOUYET · 100%
Network & group
- Group
- VDH DEV
Timeline
- Events
- 30
- Since
- 1999
- Next accounts
- by 31-07-2027
- 27-08-2025Annual accounts filed
- 19-07-2024Annual accounts filed
- 28-08-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Personal service activitiesNACE 96101
- Founded
- 02-06-1997
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about NOVAGARE
- What is the company number of NOVAGARE?
- 0460.772.170. In Belgium the VAT number is the company number with BE in front: BE 0460.772.170.
- Where is NOVAGARE based?
- The registered office is at Rue Basse, Mesnil-Eglise 26, 5560 Houyet.Company details
- What does NOVAGARE do?
- According to the KBO register, the main activity is personal service activities (NACE 96101).
- What is the legal form of NOVAGARE?
- Private limited company (BV).
- When was NOVAGARE founded?
- On 02-06-1997.
- Is NOVAGARE still active?
- Yes, NOVAGARE is an active enterprise in the KBO register.
- What is the turnover of NOVAGARE?
- €0 in financial year 2022, according to the filed annual accounts.Financials
- Is NOVAGARE profitable?
- In financial year 2025, NOVAGARE made a loss of €115,713.
- Where can I find the annual accounts of NOVAGARE?
- NOVAGARE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOVAGARE due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to NOVAGARE
Parent and group
- VENTS D'HOUYET100%
- VDH DEV99.41%
Comparable companies
- A&P SERVICESSchaarbeek
- DM - MATSAvelgem
- NYMPHEAMouscron
- DSBoom
- NETTOYAGE A SEC VINCENTLa Louvière
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