NOVANET
ActiveSummary
NOVANET has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397k and a net result of €58k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 681 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 13.06 against 12.1 in 2024; short-term debt: 7.6% and cash: 85.8% of total assets), and 8.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% 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
91.5%
Return on assets
13.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
29 d late
2022
32 d late
2021
18 d late
2020
23 d late
2019
17 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€397k▲ 17.1%
2024 · €339k
2018: €103klowest in 8 years
2019: €132k▲ +28.1% vs 2018
2020: €145k▲ +9.1% vs 2019
2021: €202k▲ +39.7% vs 2020
2022: €255k▲ +26.1% vs 2021
2023: €269k▲ +5.8% vs 2022
2024: €339k▲ +25.8% vs 2023
2025: €397k▲ +17.1% vs 2024highest in 8 years
2018 → 2025
Total assets
€434k▲ 16.5%
2024 · €372k
2018: €172klowest in 8 years
2019: €197k▲ +14.0% vs 2018
2020: €206k▲ +4.9% vs 2019
2021: €246k▲ +19.1% vs 2020
2022: €313k▲ +27.5% vs 2021
2023: €306k▼ -2.1% vs 2022
2024: €372k▲ +21.6% vs 2023
2025: €434k▲ +16.5% vs 2024highest in 8 years
2018 → 2025
Net result
€58k▼ 16.6%
2024 · €70k
2018: €33k
2019: €33k▲ +1.0% vs 2018
2020: €12k▼ -63.5% vs 2019lowest in 8 years
2021: €59k▲ +392% vs 2020
2022: €53k▼ -11.4% vs 2021
2023: €15k▼ -72.0% vs 2022
2024: €70k▲ +373% vs 2023highest in 8 years
2025: €58k▼ -16.6% vs 2024
2018 → 2025
Working capital
€398k▲ 17.9%
2024 · €338k
2018: €99klowest in 8 years
2019: €128k▲ +28.7% vs 2018
2020: €141k▲ +10.1% vs 2019
2021: €205k▲ +45.5% vs 2020
2022: €253k▲ +23.1% vs 2021
2023: €268k▲ +6.1% vs 2022
2024: €338k▲ +26.0% vs 2023
2025: €398k▲ +17.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€202k-€255k▲ 26.1%€269k▲ 5.8%€339k▲ 25.8%€397k▲ 17.1%
2021: €202klowest in 5 years
2022: €255k▲ +26.1% vs 2021
2023: €269k▲ +5.8% vs 2022
2024: €339k▲ +25.8% vs 2023
2025: €397k▲ +17.1% vs 2024highest in 5 years
Operating result€83k-€73k▼ 11.6%€24k▼ 67.2%€99k▲ 310%€82k▼ 16.8%
2021: €83k
2022: €73k▼ -11.6% vs 2021
2023: €24k▼ -67.2% vs 2022lowest in 5 years
2024: €99k▲ +310% vs 2023highest in 5 years
2025: €82k▼ -16.8% vs 2024
Net result€59k-€53k▼ 11.4%€15k▼ 72.0%€70k▲ 373%€58k▼ 16.6%
2021: €59k
2022: €53k▼ -11.4% vs 2021
2023: €15k▼ -72.0% vs 2022lowest in 5 years
2024: €70k▲ +373% vs 2023highest in 5 years
2025: €58k▼ -16.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €434k
Fixed assets
€3k ▼ 39.3%
Current assets
€431k ▲ 17.2%
Equity and liabilities €434k
Equity
€397k ▲ 17.1%
Provisions
€3k =
Debt
€34k ▲ 10.9%
Debt's share of the balance-sheet total falls from 8.2% to 7.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84k▼
2024 · €101k
Cash flow
€60k▼
2024 · €72k
Current ratio
13.06▲
2024 · 12.10
Quick ratio
13.00▲
2024 · 12.04
Debt to equity
0.09▼
2024 · 0.09
ROE
14.6%▼
2024 · 20.5%
ROA
13.4%▼
2024 · 18.7%
Interest coverage
41.14▲
2024 · 37.87
Debt ≤ 1 year
€33k▲
2024 · €30k
Income taxes
€22k▼
2024 · €26k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€372k€434k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€837-
Current assets29/58€368k€431k▲
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€64k€57k▼
Trade receivables40€64k€57k▼
Cash at bank and in hand54/58€302k€372k▲
Equity and liabilities
Total equity and liabilities10/49€372k€434k▲
Equity10/15€339k€397k▲
Contributions10/11€19k€19k=
Reserves13€320k€379k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€319k€377k▲
Provisions and deferred taxes16€3k€3k=
Provisions for liabilities and charges160/5€3k€3k=
Pensions and similar obligations160€3k€3k=
Amounts payable17/49€30k€34k▲
Amounts payable within one year42/48€30k€33k▲
Trade debts44€20k€11k▼
Suppliers440/4€20k€11k▼
Taxes, remuneration and social security45€8k€20k▲
Taxes450/3€8k€17k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€32€765▲
Income statement
Code20242025
Non-recurring operating income76A€167-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€813
Other operating charges640/8€1k€462▼
Gross operating margin9900€102k€85k▼
Operating profit (loss)9901€99k€82k▼
Financial income75/76B€19€72▲
Recurring financial income75€19€72▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€96k€80k▼
Income taxes67/77€26k€22k▼
Profit (loss) for the period9904€70k€58k▼
Profit (loss) for the period to be appropriated9905€70k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€58k▼
Transfer to equity691/2€70k€58k▼
To other reserves6921€70k€58k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €14k | - | €167 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €696 | €2k | €2k | €2k | ▼ 15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4k | €2k | - | €813 | - |
| Other operating charges640/8 | €891 | €2k | €1k | €1k | €462 | ▼ 56.1% |
| Gross operating margin9900 | €91k | €80k | €29k | €102k | €85k | ▼ 16.4% |
| Operating profit (loss)9901 | €83k | €73k | €24k | €99k | €82k | ▼ 16.8% |
| Financial income75/76B | €273 | €226 | €27 | €19 | €72 | ▲ 273% |
| Recurring financial income75 | €273 | €226 | €27 | €19 | €72 | ▲ 273% |
| Financial charges65/66B | €222 | €575 | €3k | €3k | €2k | ▼ 23.4% |
| Recurring financial charges65 | €222 | €575 | €3k | €3k | €2k | ▼ 23.4% |
| Profit (loss) for the period before taxes9903 | €83k | €73k | €21k | €96k | €80k | ▼ 16.6% |
| Income taxes67/77 | €24k | €20k | €6k | €26k | €22k | ▼ 16.5% |
| Profit (loss) for the period9904 | €59k | €53k | €15k | €70k | €58k | ▼ 16.6% |
| Profit (loss) for the period to be appropriated9905 | €59k | €53k | €15k | €70k | €58k | ▼ 16.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €246k | €313k | €306k | €372k | €434k | ▲ 16.5% |
| Fixed assets21/28 | - | €5k | €5k | €4k | €3k | ▼ 39.3% |
| Tangible fixed assets22/27 | - | €5k | €5k | €4k | €3k | ▼ 39.3% |
| Plant, machinery and equipment23 | - | €1k | €2k | €4k | €3k | ▼ 25.2% |
| Furniture and vehicles24 | - | €4k | €2k | €837 | - | - |
| Current assets29/58 | €246k | €308k | €302k | €368k | €431k | ▲ 17.2% |
| Stocks and contracts in progress3 | €2k | €2k | €2k | €2k | €2k | ▲ 25.6% |
| Stocks30/36 | €2k | €2k | €2k | €2k | €2k | ▲ 25.6% |
| Amounts receivable within one year40/41 | €83k | €87k | €85k | €64k | €57k | ▼ 12.1% |
| Trade receivables40 | €83k | €86k | €80k | €64k | €57k | ▼ 12.1% |
| Other amounts receivable41 | €13 | €932 | €4k | - | - | - |
| Cash at bank and in hand54/58 | €160k | €218k | €215k | €302k | €372k | ▲ 23.4% |
| Deferred charges and accrued income490/1 | €377 | €30 | €298 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €246k | €313k | €306k | €372k | €434k | ▲ 16.5% |
| Equity10/15 | €202k | €255k | €269k | €339k | €397k | ▲ 17.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €183k | €236k | €251k | €320k | €379k | ▲ 18.1% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €182k | €234k | €249k | €319k | €377k | ▲ 18.2% |
| Provisions and deferred taxes16 | €3k | €3k | €3k | €3k | €3k | = |
| Provisions for liabilities and charges160/5 | €3k | €3k | €3k | €3k | €3k | = |
| Pensions and similar obligations160 | €3k | €3k | €3k | €3k | €3k | = |
| Amounts payable17/49 | €41k | €55k | €34k | €30k | €34k | ▲ 10.9% |
| Amounts payable within one year42/48 | €40k | €55k | €34k | €30k | €33k | ▲ 8.5% |
| Current portion of amounts payable after more than one year42 | €598 | - | - | - | - | - |
| Trade debts44 | €18k | €21k | €17k | €20k | €11k | ▼ 47.6% |
| Suppliers440/4 | €18k | €21k | €17k | €20k | €11k | ▼ 47.6% |
| Taxes, remuneration and social security45 | €18k | €32k | €16k | €8k | €20k | ▲ 143% |
| Taxes450/3 | €17k | €30k | €14k | €8k | €17k | ▲ 118% |
| Remuneration and social security454/9 | €2k | €2k | €2k | - | €2k | - |
| Other amounts payable47/48 | €3k | €2k | €1k | €2k | €3k | ▲ 41.6% |
| Accrued charges and deferred income492/3 | €150 | €150 | €212 | €32 | €765 | ▲ 2,261% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59k | €53k | €15k | €70k | €58k | ▼ 16.6% |
| + Depreciation and write-downs630 | €7k | €696 | €2k | €2k | €2k | ▼ 15.5% |
| Operating cash flow (approximation) | €67k | €53k | €17k | €72k | €60k | ▼ 16.6% |
| Investment in fixed assets (approximation) | - | - | €-1k | €-2k | €0 | ▲ 100% |
| Change in cash | - | €59k | €-3k | €87k | €71k | ▼ 18.8% |
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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €70k ▲373%
Operating result €99k, net result €70k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Equity above €200kEq €202k ▲39.7%
4 profitable years in a row build equity to €202k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €12k ▼63.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Lummen · 1 establishment unit since 2007
Ground area
1,033 m²
Building footprint
192 m²
Volume, LiDAR
872 m³
Parcel 71542D0032/00P000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Novanet bvba
since 20072.165.631.896
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71542D0032/00P000 | Flanders | 1,033 m² | 1 · 192 m² | 6.6 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.
Recognitions · licences · registrations
Legal Entity Identifier
6994004TRPYL0EE3RS58
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Of 1,284 companies in sector 58290 we hold annual accounts for 593. 412 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 (pre-2019)
Founded11-09-2007
Fiscal year end31-12
Activities, NACEBEL 2025
58290Other software publishing
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.