Novastone
ActiveNovastone has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €-31k. Its solvency ranks better than 37% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability10
Solvency40
Growth-
Track record67
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.97; short-term debt: 84.1% and cash: 7.3% of total assets), and 85% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 2025Solvency, return and age of the figures
Solvency
15%
Return on assets
-6.8%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€69k
Total assets
€457k
Net result
€-31k
Working capital
€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €457k
Fixed assets
€82k
Current assets
€375k
Equity and liabilities €457k
Equity
€69k
Debt
€389k
Debt finances 85.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€-14k
Cash flow
€-13k
Solvency
15.0%
Current ratio
0.97
Quick ratio
0.12
Debt / equity
5.65
ROE
-45.3%
ROA
-6.8%
Interest coverage
-186.20
Debt
€389k
Debt ≤ 1 year
€385k
Income taxes
€72
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€457k
Fixed assets21/28€82k
Tangible fixed assets22/27€82k
Plant, machinery and equipment23€25k
Furniture and vehicles24€58k
Current assets29/58€375k
Stocks and contracts in progress3€330k
Stocks30/36€330k
Amounts receivable within one year40/41€11k
Trade receivables40€404
Other amounts receivable41€11k
Cash at bank and in hand54/58€33k
Deferred charges and accrued income490/1€70
Equity and liabilities
Total equity and liabilities10/49€457k
Equity10/15€69k
Contributions10/11€100k
Profit (loss) carried forward14€-31k
Amounts payable17/49€389k
Amounts payable within one year42/48€385k
Trade debts44€47k
Suppliers440/4€47k
Taxes, remuneration and social security45€72
Taxes450/3€72
Other amounts payable47/48€337k
Accrued charges and deferred income492/3€4k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k
Gross operating margin9900€-14k
Operating profit (loss)9901€-33k
Financial income75/76B€2k
Recurring financial income75€2k
Financial charges65/66B€75
Recurring financial charges65€75
Profit (loss) for the period before taxes9903€-31k
Income taxes67/77€72
Profit (loss) for the period9904€-31k
Profit (loss) for the period to be appropriated9905€-31k
Appropriation of the result
Profit (loss) to be appropriated9906€-31k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Assenede · 1 establishment unit since 2025
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.
Burgstraat 279960 AssenedeGround area
518 m²
Building footprint
151 m²
Parcel 43002D0670/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Novastone
since 20252.368.630.627
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43002D0670/00K000 | Flanders | 518 m² | 1 · 151 m² | - |
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
ValueTree
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BELLA VITA
BE 0890.019.738
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YGS-Construct
BE 0670.693.434
Boortmeerbeek · Eq €69k
ESTATE INVEST
BE 0761.795.834
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De Molens
BE 0746.817.054
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,381. 5,189 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2025
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
41003General construction of other non-residential buildings
43910Bricklaying and masonry work
43990Other specialised construction activities
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.