NOVANTIS
ActiveNOVANTIS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+28
Solvency63▲+38
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 0.77 in 2024; short-term debt: 29.3% and cash: 30.9% of total assets), but 62.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
37.8%
Return on assets
37.3%
Age of the figures
9 mo
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
30 d late
2023
29 d late
2022
31 d late
2021
25 d late
2020
31 d late
2019
90 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 7,938%
2024 · €365
2019: €17k
2020: €26k
2021: €8k
2022: €-5k
2023: €-2k
2024: €365
2019 → 2025
Total assets
€78k▲ 2.5%
2024 · €76k
2019: €22k
2020: €33k
2021: €17k
2022: €25k
2023: €36k
2024: €76k
2019 → 2025
Net result
€29k▲ 1,283%
2024 · €2k
2019: €-2k
2020: €9k
2021: €-18k
2022: €-14k
2023: €4k
2024: €2k
2019 → 2025
Working capital
€24k
2024 · €-11k
2019: €7k
2020: €16k
2021: €-5k
2022: €-23k
2023: €-12k
2024: €-11k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€-5k€-2k▲ 67.1%€365€29k▲ 7,938%
Operating result€-15k-€-13k▲ 13.5%€4k€2k▼ 51.6%€31k▲ 1,456%
Net result€-18k-€-14k▲ 22.2%€4k€2k▼ 40.5%€29k▲ 1,283%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,456% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€31k▼ 20.8%
Current assets
€47k▲ 27.8%
Equity and liabilities €78k
Equity
€29k▲ 7,938%
Debt
€48k▼ 35.9%
The debt ratio falls from 99.5% to 62.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▲
2024 · €11k
Cash flow
€37k▲
2024 · €11k
Solvency
37.8%▲
2024 · 0.5%
Current ratio
2.04▲
2024 · 0.77
Quick ratio
2.04▲
2024 · 0.77
Debt / equity
1.65
ROE
98.8%
ROA
37.3%▲
2024 · 2.8%
Interest coverage
11.99▼
2024 · 84.45
Debt
€48k▼
2024 · €75k
Debt ≤ 1 year
€23k▼
2024 · €47k
Debt > 1 year
€23k▼
2024 · €28k
Income taxes
€3k▲
2024 · €789
Staff costs
€20k▼
2024 · €33k
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€76k€78k▲
Fixed assets21/28€39k€31k▼
Tangible fixed assets22/27€39k€31k▼
Furniture and vehicles24€225-
Leasing and similar rights25€39k€31k▼
Current assets29/58€36k€47k▲
Amounts receivable within one year40/41€32k€22k▼
Trade receivables40€21k€6k▼
Other amounts receivable41€12k€16k▲
Cash at bank and in hand54/58€2k€24k▲
Deferred charges and accrued income490/1€2k€601▼
Equity and liabilities
Total equity and liabilities10/49€76k€78k▲
Equity10/15€365€29k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-20k€9k▲
Amounts payable17/49€75k€48k▼
Amounts payable after more than one year17€28k€23k▼
Financial debts170/4€28k€23k▼
Amounts payable within one year42/48€47k€23k▼
Current portion of amounts payable after more than one year42€4k€5k▲
Financial debts43-€222
Credit institutions430/8-€222
Trade debts44€13k€7k▼
Suppliers440/4€13k€7k▼
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€1k€661▼
Other amounts payable47/48€23k€2k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€10k€667▼
Remuneration, social security and pensions62€33k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€1k€864▼
Gross operating margin9900€45k€63k▲
Operating profit (loss)9901€2k€31k▲
Financial income75/76B€3k€5k▲
Recurring financial income75€41€10▼
Non-recurring financial income76B€3k€5k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€131€3k▲
Non-recurring financial charges66B€2k€660▼
Profit (loss) for the period before taxes9903€3k€32k▲
Income taxes67/77€789€3k▲
Profit (loss) for the period9904€2k€29k▲
Profit (loss) for the period to be appropriated9905€2k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€9k▲
Profit (loss) brought forward from the previous period14P€-22k€-20k▲
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2019net €29k ▲1283%
Operating result €31k, net result €29k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.04
Current ratio from 0.77 to 2.04; short-term debt falls from €47k to €23k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €-18k ▼290%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
22-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 83 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 2010
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.
Leopold I-straat 41020 BrusselGround area
213 m²
Building footprint
221 m²
Volume, LiDAR
1,919 m³
Parcel 21815D0176/00T007, Brussels · tallest building 17.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Novantis
since 20102.190.248.122
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0176/00T007 | Brussels | 213 m² | 1 · 221 m² | 17.2 m · 2 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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Balen · Eq €29k
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,004 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-07-2010
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
82300Organisation of conventions and trade shows
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.