NovaLink
ActiveSummary
The computed 12-month bankruptcy probability of NovaLink is 3.3% (moderate). The 2024 annual accounts show equity of €8k and a net result of €-7k. Equity is shrinking by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 8966 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-51
Solvency68▼-31
Growth32=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.02 against 1.27 in 2023; short-term debt: 57% and cash: 23.2% of total assets), and 57% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43%
Return on assets
-36.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
7 d late
2023
149 d late
2022
515 d late
2021
57 d late
2020
422 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€8k▼ 46.0%
2023 · €16k
2020: €38k
2021: €24k
2022: €17k
2023: €16k
2020 → 2024
Total assets
€20k▼ 7.1%
2023 · €21k
2020: €64k
2021: €60k
2022: €60k
2023: €21k
2020 → 2024
Net result
€-7k▼ 380%
2023 · €-2k
2020: €32k
2021: €-14k
2022: €-7k
2023: €-2k
2020 → 2024
Working capital
€270▼ 81.7%
2023 · €1k
2020: €21k
2021: €-2k
2022: €-3k
2023: €1k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€38k-€24k▼ 36.4%€17k▼ 28.8%€16k▼ 8.7%€8k▼ 46.0%
Operating result€45k-€-13k€-7k▲ 48.8%€-114▲ 98.3%€-7k▼ 6,463%
Net result€32k-€-14k€-7k▲ 49.7%€-2k▲ 78.4%€-7k▼ 380%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2024 against €114 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20k
Fixed assets
€8k ▼ 42.2%
Current assets
€11k ▲ 64.2%
Equity and liabilities €20k
Equity
€8k ▼ 46.0%
Debt
€11k ▲ 103%
Debt's share of the balance-sheet total rises from 26.0% to 57.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▼
2023 · €6k
Cash flow
€-1k▼
2023 · €5k
Current ratio
1.02▼
2023 · 1.27
Debt to equity
1.32▲
2023 · 0.35
ROE
-85.1%▼
2023 · -9.6%
ROA
-36.6%▼
2023 · -7.1%
Interest coverage
-9.92▼
2023 · 4.90
Debt ≤ 1 year
€11k▲
2023 · €6k
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 · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€21k€20k▼
Fixed assets21/28€14k€8k▼
Intangible fixed assets21€14k€8k▼
Tangible fixed assets22/27€186-
Furniture and vehicles24€186-
Current assets29/58€7k€11k▲
Amounts receivable within one year40/41€7k€7k▲
Other amounts receivable41€7k€7k▲
Cash at bank and in hand54/58€194€5k▲
Equity and liabilities
Total equity and liabilities10/49€21k€20k▼
Equity10/15€16k€8k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€9k€2k▼
Amounts payable17/49€6k€11k▲
Amounts payable within one year42/48€6k€11k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€894€3k▲
Taxes450/3€894€3k▲
Other amounts payable47/48-€5k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€2k€387▼
Gross operating margin9900€8k€-1k▼
Operating profit (loss)9901€-114€-7k▼
Financial income75/76B-€416
Recurring financial income75-€416
Financial charges65/66B€1k€149▼
Recurring financial charges65€1k€149▼
Profit (loss) for the period before taxes9903€-1k€-7k▼
Income taxes67/77€134-
Profit (loss) for the period9904€-2k€-7k▼
Profit (loss) for the period to be appropriated9905€-2k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€2k▼
Profit (loss) brought forward from the previous period14P€11k€9k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 149 days late
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 515 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
26-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 422 days late
2021
31-12
Financial
Weakest financial yearnet €-14k ▼144%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
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, Sint-Pieters-Woluwe · 1 establishment unit since 2019
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.
Montgolfierlaan 1261150 Sint-Pieters-WoluweGround area
856 m²
Building footprint
368 m²
Volume, LiDAR
4,241 m³
Parcel 21683D0315/00H002, Brussels · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NovaLink
since 20192.289.015.304
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0315/00H002 | Brussels | 856 m² | 1 · 368 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Kristof Umans
BE 0800.657.103
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BE 1006.323.530
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LOMBARD III Belgium
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Waterloo · Eq €8,416
Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 3,425 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)
Founded26-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.