NOVANDI
ActiveNOVANDI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €7.88M and a net result of €1.00M. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 77% of 2382 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
21 d late
2023
6 d early
2022
32 d early
2021
11 d early
2020
31 d early
2019
36 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€7.88M▲ 14.6%
2024 · €6.87M
2018: €12.38M
2019: €12.87M
2020: €6.35M
2021: €6.10M
2022: €6.23M
2023: €6.90M
2024: €6.87M
2018 → 2025
Net result
€1.00M▲ 172%
2024 · €370k
2018: €59k
2019: €519k
2020: €417
2021: €458k
2022: €422k
2023: €1.90M
2024: €370k
2018 → 2025
Total assets
€8.79M▲ 21.3%
2024 · €7.25M
2018: €13.46M
2019: €13.96M
2020: €6.54M
2021: €6.84M
2022: €6.47M
2023: €8.16M
2024: €7.25M
2018 → 2025
Solvency
89.6%▼ 5.3pp
2024 · 94.9%
2018: 92.0%
2019: 92.2%
2020: 97.0%
2021: 89.2%
2022: 96.3%
2023: 84.6%
2024: 94.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€299k-€292k▼ 2.2%€299k▲ 2.2%€330k▲ 10.4%€341k▲ 3.6%
Equity€6.10M-€6.23M▲ 2.1%€6.90M▲ 10.9%€6.87M▼ 0.4%€7.88M▲ 14.6%
Operating result€147k-€207k▲ 40.4%€88k▼ 57.7%€164k▲ 87.8%€171k▲ 4.0%
Net result€458k-€422k▼ 7.9%€1.90M▲ 350%€370k▼ 80.6%€1.00M▲ 172%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.79M
Fixed assets
€6.91M▲ 40.0%
Current assets
€1.89M▼ 18.5%
Equity and liabilities €8.79M
Equity
€7.88M▲ 14.6%
Debt
€913k▲ 146%
The debt ratio rises from 5.1% to 10.4%: debt grows faster than equity.
Key figures and ratios
Solvency
89.6%▼
2024 · 94.9%
ROE
12.7%▲
2024 · 5.4%
ROA
11.4%▲
2024 · 5.1%
Debt
€913k▲
2024 · €372k
Debt ≤ 1 year
€909k▲
2024 · €372k
Income taxes
€60k▲
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.25M€8.79M▲
Fixed assets21/28€4.93M€6.91M▲
Tangible fixed assets22/27€410k€305k▼
Land and buildings22€264k€209k▼
Furniture and vehicles24€146k€96k▼
Financial fixed assets28€4.52M€6.60M▲
Affiliated companies280/1€4.52M€6.60M▲
Participating interests280€4.52M€6.60M▲
Current assets29/58€2.31M€1.89M▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€810k€862k▲
Trade receivables40€47k€34k▼
Other amounts receivable41€763k€828k▲
Current investments50/53€100€100=
Other investments51/53€100€100=
Cash at bank and in hand54/58€1.50M€1.02M▼
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€7.25M€8.79M▲
Equity10/15€6.87M€7.88M▲
Contributions10/11€541k€541k=
Reserves13€6.33M€7.34M▲
Non-distributable reserves130/1€67k€67k=
Reserves not available under the articles1311€67k€67k=
Distributable reserves133€6.27M€7.27M▲
Amounts payable17/49€372k€913k▲
Amounts payable within one year42/48€372k€909k▲
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€67k€62k▼
Taxes450/3€67k€62k▼
Other amounts payable47/48€301k€840k▲
Accrued charges and deferred income492/3€0€4k▲
Income statement
Code20242025
Operating income70/76A€357k€364k▲
Turnover70€330k€341k▲
Other operating income74€27k€23k▼
Operating charges60/66A€193k€193k▲
Services and other goods61€132k€133k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€57k▼
Other operating charges640/8€1k€4k▲
Operating profit (loss)9901€164k€171k▲
Financial income75/76B€260k€899k▲
Recurring financial income75€260k€899k▲
Income from financial fixed assets750€233k€877k▲
Income from current assets751€27k€21k▼
Other financial income752/9-€1k
Financial charges65/66B€931€6k▲
Recurring financial charges65€931€6k▲
Debt charges650-€4k
Other financial charges652/9€931€1k▲
Profit (loss) for the period before taxes9903€423k€1.06M▲
Income taxes67/77€54k€60k▲
Taxes670/3€54k€60k▲
Profit (loss) for the period9904€370k€1.00M▲
Profit (loss) for the period to be appropriated9905€370k€1.00M▲
Appropriation of the result
Profit (loss) to be appropriated9906€370k€1.00M▲
Transfer from equity791/2€100k€0▼
From reserves792€100k€0▼
Transfer to equity691/2€70k€1.00M▲
To other reserves6921€70k€1.00M▲
Profit to be distributed694/7€400k€0▼
Return on contributions (dividend)694€400k€0▼
The notes to these accounts (42 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 21 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 6.22
Current ratio from 2.54 to 6.22; short-term debt falls from €1.26M to €372k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial
Highest result since 2018net €1.90M ▲350%
Net result €1.90M, the highest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-12
Financial
Liquidity doublescurrent ratio 6.95
Current ratio from 3.11 to 6.95; short-term debt falls from €735k to €241k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Weakest financial yearnet €417 ▼99.9%
Net result drops to €417, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
PORTIER Valentin Pierre Marie
CurrentAdministrateur non statutaire · since 25-03-2026
25-03-2026
Appointed as Administrateur non statutaire
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2012
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 Héna 784400 FlémalleGround area
9,183 m²
Building footprint
93 m²
Volume, LiDAR
901 m³
Parcel 62007A0823/00N000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NOVANDI SPRL
since 20122.214.117.149
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62007A0823/00N000 | Wallonia | 9,183 m² | 1 · 93 m² | 11.5 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500X3DQ0MIRH18Y71
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 6,724 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2012
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.