NovaSYO
Open bankruptcyA bankruptcy procedure is open for NovaSYO according to publications in the Belgian State Gazette; curator: CHARLES-HENRI SPRINGUEL.
Summary
The file additionally contains 2 administrative flags. The 2022 annual accounts show negative equity (€-7k) and a net result of €-15k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-10-2023, 70 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
70 d late
2021
93 d late
2020
31 d late
2019
228 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2Address strikeout annulled
Financials · fiscal year 2022, micro schema
Equity
€-7k
2021 · €7k
2018: €-18k
2019: €-11k
2020: €-1k
2021: €7k
2018 → 2022
Total assets
€327k▼ 1.3%
2021 · €331k
2018: €174k
2019: €286k
2020: €420k
2021: €331k
2018 → 2022
Net result
€-15k
2021 · €8k
2018: €-36k
2019: €6k
2020: €10k
2021: €8k
2018 → 2022
Working capital
€-12k
2021 · €21k
2018: €-3k
2019: €199
2020: €16k
2021: €21k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-18k-€-11k▲ 35.4%€-1k▲ 90.8%€7k€-7k
Operating result€-36k-€6k€10k▲ 66.2%€9k▼ 15.6%€-15k
Net result€-36k-€6k€10k▲ 65.6%€8k▼ 19.1%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €15k after €9k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €327k
Fixed assets
€20k ▲ 4.5%
Current assets
€307k ▼ 1.7%
Key figures and ratios
EBITDA
€-7k▼
2021 · €15k
Cash flow
€-7k▼
2021 · €14k
Solvency
-2.2%▼
2021 · 2.2%
Current ratio
0.96▼
2021 · 1.07
Quick ratio
0.40▼
2021 · 0.43
Debt to equity
-45.78▼
2021 · 44.44
ROA
-4.5%▼
2021 · 2.5%
Interest coverage
-690934.00▼
2021 · 36.10
Debt
€334k▲
2021 · €324k
Debt ≤ 1 year
€319k▲
2021 · €292k
Staff costs
€23k
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 · 2022 against 2021 · 43 lines
Balance sheet
Code20212022
Assets
Total assets20/58€331k€327k▼
Fixed assets21/28€19k€20k▲
Tangible fixed assets22/27€19k€11k▼
Furniture and vehicles24€19k€11k▼
Financial fixed assets28-€9k
Current assets29/58€313k€307k▼
Stocks and contracts in progress3€188k€179k▼
Stocks30/36€188k€179k▼
Amounts receivable within one year40/41€86k€108k▲
Trade receivables40€84k€106k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€28k€20k▼
Deferred charges and accrued income490/1€11k-
Equity and liabilities
Total equity and liabilities10/49€331k€327k▼
Equity10/15€7k€-7k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Profit (loss) carried forward14€-11k€-26k▼
Amounts payable17/49€324k€334k▲
Amounts payable after more than one year17€17k-
Financial debts170/4€17k-
Amounts payable within one year42/48€292k€319k▲
Current portion of amounts payable after more than one year42-€11k
Trade debts44€65k€53k▼
Suppliers440/4€65k€53k▼
Taxes, remuneration and social security45€63k€93k▲
Taxes450/3€63k€61k▼
Remuneration and social security454/9-€32k
Other amounts payable47/48€164k€162k▼
Accrued charges and deferred income492/3€15k€15k=
Income statement
Code20212022
Remuneration, social security and pensions62-€23k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8€126€276▲
Gross operating margin9900€15k€17k▲
Operating profit (loss)9901€9k€-15k▼
Financial charges65/66B€405€0▼
Recurring financial charges65€405€0▼
Profit (loss) for the period before taxes9903€8k€-15k▼
Profit (loss) for the period9904€8k€-15k▼
Profit (loss) for the period to be appropriated9905€8k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-26k▼
Profit (loss) brought forward from the previous period14P€-20k€-11k▲
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
2025
22-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL NOVASYO AVENUE DE LA LIBERTE 175, 1080 MOLENBEEK-SAINT-JEAN · event 14-08-2025
18-08
KBO administration
Address struck
07-05
KBO administration
Address strikeout annulled
28-02
KBO administration
Address struck
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 93 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 228 days late
2020
31-12
Financial
Highest result since 2018net €10k ▲65.6%
Operating result €10k, net result €10k, both a record.
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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
1 establishment unit since 2018
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.
Ground area
530 m²
Building footprint
546 m²
Volume, LiDAR
5,056 m³
2 parcels, Brussels · tallest building 20.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Stockverkoop
since 20182.278.022.234
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0069/02A005 | Brussels | 310 m² | 1 · 243 m² | 10.9 m · 2 fl. |
| 21007A0019/00B002 | Brussels | 220 m² | 1 · 303 m² | 20.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLES-HENRI SPRINGUEL AVENUE LOUISE 349,
1050 IXELLES |
14-08-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.