Full dossier in preparation
Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Process with priority
Sign in free to move this company to the front.
Age5 yrs
Real estate1 parcel · 3.2 ha
Summary
Conclusion
the dossier summarised in one paragraphNovalis II is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €11.24M and a net result of €-705k. Its solvency ranks better than 95% of 1407 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Signals
1 signal · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 1407 peers (2024). A comfortable equity buffer.
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 20-06-2025 | 41 d early | 2025-00176236 |
| 31-12-2023 | 31-07-2024 | 24-06-2024 | 37 d early | 2024-00197332 |
| 31-12-2022 | 31-07-2023 | 14-06-2023 | 47 d early | 2023-00129332 |
| 31-12-2021 | 31-07-2022 | 29-06-2022 | 32 d early | 2022-20136203 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneThis is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Financials
Equity€11.24M+15.1%
Net result€-705k-24.3%
Total assets€11.28M+13.7%
Solvency99.7%+1.2pp
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 20-06-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 99.7% | 37.4% | |
| Net result | €-705k | €46k | |
| Equity | €11.24M | €362k | |
| Gross operating margin | €-570k | €65k | |
| Total assets | €11.28M | €1.41M |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-705k
-24.3%
22-24
€11.28M
+13.7%
22-24
€11.24M
+15.1%
22-24
€38k
-75.0%
22-24
€38k
-75.0%
22-24
99.7%
+1.2%
22-24
-6.3%
-8.0%
22-24
-6.3%
-9.3%
22-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-705k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €11.28M |
| Equity | €11.24M |
| Debt | €38k |
| of which ≤ 1y | €38k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 99.7% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -6.3% |
| ROE | -6.3% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €11.28M |
| Fixed assets | 21/28 | €10.90M |
| Financial fixed assets | 28 | €10.90M |
| Current assets | 29/58 | €382k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €366k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11.28M |
| Equity | 10/15 | €11.24M |
| Contributions / capital | 10/11 | €13.71M |
| Accumulated profits (losses) | 14 | €-2.47M |
| Amounts payable | 17/49 | €38k |
| Amounts payable within one year | 42/48 | €38k |
| Income statement | ||
| Gross operating margin | 9900 | €-570k |
| Operating result | 9901 | €-582k |
| Financial income | 75 | €125k |
| Financial charges | 65 | €248k |
| Result before taxes | 9903 | €-705k |
| Net result for the period | 9904 | €-705k |
| Result to be appropriated | 9905 | €-705k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computedModel not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationNovalis II
since 20202.310.554.351
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3.2 ha
Buildings1
Building footprint2.0 ha
Volume (LiDAR)251,951 m³
Tallest building40.8 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0602/00T003 | Flanders | 3.2 ha | 1 · 2.0 ha | 40.8 m · 4 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 1 year ago
2024
05-09-2024 Baker Tilly Bedrijfsrevisoren reappointed as statutory auditor
- Baker Tilly Bedrijfsrevisoren, Commissaris
Analysis
Snowflake analysis
financial profile on 5 axes62
/ 100
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
0
Solvency
100
Growth
52
Stability
94
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorBE 0877.992.827 · Menen
BE 0442.354.444 · Temse
BE 1011.492.145 · Liège
BE 0791.181.983 · Zele
BE 0762.490.472 · Aalst
We hold annual accounts for 5,518 of the 24,679 companies in this sector. 983 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Holdings64200Activiteiten van holdings64210Overige ondersteunende activiteiten in verband met financiële diensten, exclusief verzekeringen en pensioenfondsen, n.e.g.66199Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen66199Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | Novalis II |
Registered office
Ottergemsesteenweg-Zuid 808 bus 511
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.