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Checked.be
Complete company report
Generated 09-08-2026
Active BE 0697.722.780Private limited companyOpen bankruptcy

NovaSYO

· 8 yrs active
Conclusion Checked

A bankruptcy procedure is open for NovaSYO according to publications in the Belgian State Gazette. The file additionally contains 2 administrative flags. The 2022 annual accounts show negative equity (€-7k) and a net result of €-15k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-7k
Net result €-15k
Active 8 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency44Growth78Stability0
44 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 44
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
56 / 100
High risk
Components
· Open bankruptcy (+50)
· 2 administrative flags (+6)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 3 events
Address struck×2Address strikeout annulled
Health barometer FY 2022 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 09-10-2023 with the NBB · fiscal year 2022 · micro
€-40k€-20k€0€20kOperating result 2018: €-36k€-36kNet result 2018: €-36k€-36kOperating result 2019: €6k€6kNet result 2019: €-30k€-30kOperating result 2020: €10k€10kNet result 2020: €-20k€-20kOperating result 2021: €9k€9kNet result 2021: €8k€8kOperating result 2022: €-15k€-15kNet result 2022: €-15k€-15k20182019202020212022
Operating resultNet result
EBITDA
€-7k
- 18-22
Net profit
€-15k
- 18-22
Cash flow
€-7k
- 18-22
Total assets
€327k
-1.3% 18-22
Equity
€-7k
- 18-22
Working capital
€-12k
- 18-22
Staff costs
€23k
- 18-22
Debt
€334k
+3.1% 18-22
Debt ≤ 1y
€319k
+9.3% 18-22
Debt > 1y
€17k
-3.6% 18-22
Current ratio
0.96
-10.1% 18-22
Quick ratio
0.40
-6.2% 18-22
Solvency
-2.2%
- 18-22
Debt / equity
-45.78
- 18-22
ROE
199.9%
+74.9% 18-22
ROA
-4.5%
- 18-22
Interest coverage
-690934.00
- 18-22
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA€-7k
Net profit€-15k
Cash flow€-7k
Staff costs€23k
Income taxes-
Dividends-
Total assets€327k
Equity€-7k
Debt€334k
of which ≤ 1y€319k
of which > 1y-
Working capital€-12k
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.96
Quick ratio0.40
Working capital ratio-3.6%
Solvency-2.2%
Debt / equity-45.78
Long-term debt ratio-
Interest coverage-690934.00
Gross margin-
Net margin-
ROA-4.5%
ROE199.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€327k
Fixed assets 21/28€20k
Tangible fixed assets 22/27€11k
Financial fixed assets 28€9k
Current assets 29/58€307k
Stocks & contracts in progress 3€179k
Amounts receivable within one year 40/41€108k
Cash & bank 54/58€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€327k
Equity 10/15€-7k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-26k
Amounts payable 17/49€334k
Amounts payable within one year 42/48€319k
Trade debts payable within one year 44€53k
Income statement
Gross operating margin 9900€17k
Operating result 9901€-15k
Financial charges 65€0
Result before taxes 9903€-15k
Net result for the period 9904€-15k
Result to be appropriated 9905€-15k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator CHARLES-HENRI SPRINGUEL
AVENUE LOUISE 349, 1050 IXELLES
 14-08-2025 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation07-06-2018
StatusActive
Postal code-
First BS signal 22-08-2025
Latest BS signal 22-08-2025
Company structure, linked entities1 linked entities
NovaSYOBE 0697.722.780CHARLES-HENRI SPRINGU…Receiver
Mandates
Establishment units 1 location
Stockverkoop
de Mérodestraat 339, 1190 VorstDetailhandel in meubels
since 20182.278.022.234
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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.
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.
Updates 17 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
22-08-2025
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL NOVASYO AVENUE DE LA LIBERTE 175, 1080 MOLENBEEK-SAINT-JEAN · event 14-08-2025
18-08-2025
KBO administration Address struck
07-05-2025
KBO administration Address strikeout annulled
28-02-2025
KBO administration Address struck
2024
18-11-2024
State Gazette act Capital & shares
04-11-2024
State Gazette act Director changes
24-10-2024
State Gazette act Registered-office change
02-09-2024
State Gazette act Director changes
24-06-2024
State Gazette act Director changes
Steven VANDERSNICKT
2023
09-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
01-11-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
16-03-2021
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
08-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
Lifecycle & Insolvency Signals 4 events
22-08-2025
Bankruptcy Opening
Date: 14-08-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL NOVASYO AVENUE DE LA LIBERTE 175, 1080 MOLENBEEK-SAINT-JEAN · Publications in State Gazette ↗
18-08-2025
KBO administration Address struck
 · Publications in State Gazette ↗
07-05-2025
KBO administration Address strikeout annulled
 · Publications in State Gazette ↗
28-02-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-02-28 · KBO administration · Address struck2025-05-07 · KBO administration · Address strikeout annulled2025-08-18 · KBO administration · Address struck2025-08-22 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 5 acts
Capital history · 1
18-11-2024
Capital change
Address history · 1
24-10-2024
Registered-office move
All acts · 5 updated 1 year ago
2024
18-11-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "decision": {
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  },
  "bedrijfsrevisor": null,
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    "name_full": "NOVASYO",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
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  "co_filed_documents": [],
  "shareholders_after": [
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      "role": "g\u00E9rant_statutaire",
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      "name": "MOCANU Gheorghe",
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      "name": "ERBAS Mehmet",
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  "share_classes_after": []
}
04-11-2024 1 director appointed, 1 resigning Director changes
  • MOCANU Gheorghe, Bestuurder
  • CONDE Moussa, Bestuurder
Technical details 
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      "role": "bestuurder",
      "person": {
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        "name": "MOCANU Gheorghe",
        "address": "Rue des Champs 169 - 7100 La Louvi\u00E8re",
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      "reason": null,
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      "decharge_status": null,
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      "reason": "de_plein_droit_dissolution",
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      "evidence_quote": "Monsieur CONDE Moussa d\u00E9missionne de son poste d\u0027administrateur. D\u00E9charge-lui est donn\u00E9e quant \u00E0 la dur\u00E9e de son mandat.",
      "decharge_status": "granted",
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    },
    {
      "kind": "substantive_delegation",
      "role": null,
      "person": {
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        "name": "CONDE Moussa",
        "address": null,
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      },
      "reason": null,
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      "evidence_quote": "Monsieur CONDE Moussa c\u00E8de ses 50 actions \u00E0 Monsieur MOCANU Gheorghe qui accepte.",
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      "rep_rotation_new_rep": null,
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    },
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      "role": "administrateur",
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        "name": "ERBAS Mehmet",
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      "evidence_quote": "Monsieur ERBAS Mehmet Administrateur MOCANU Gheorghe 50 actions",
      "decharge_status": null,
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  "notary": {
    "name": null,
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  "act_meta": {
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    "pub_date": "2024-11-04",
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  "decisions": [
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24-10-2024 Registered office moved from Forest to Molenbeek Registered-office change
  • Rue de Mérode 339-1190 Forest → Avenue de la Liberté 175 - 1080 Molenbeek-Saint-Jean
Technical details 
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02-09-2024 1 director appointed, 1 resigning Director changes
  • Condé Moussa, Bestuurder
  • Aydogmus Osman, Bestuurder
Technical details 
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      },
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      "subkind": "confirmation",
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      "compensated": true,
      "effective_date": "2024-02-17",
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de nommer Cond\u00E9 Moussa en tant qu\u0027administrateur, et ce avec effet au 17/02/2024. Ce mandat a une dur\u00E9e ind\u00E9termin\u00E9e. Le mandat est r\u00E9mun\u00E9r\u00E9.",
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      "effective_date": "2024-02-17",
      "evidence_quote": "La nouvelle r\u00E9partition des actions est la suivante:\n- Cond\u00E9 Moussa: 100% des actions",
      "decharge_status": null,
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    },
    {
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      "compensated": null,
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      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide que le si\u00E8ge social de la soci\u00E9t\u00E9 sera transfer\u00E9 de Chauss\u00E9e de Mons 673 1070 Anderlecht \u00E0 Rue Merode 339 1190 Bruxelles, et ce \u00E0 compter du 17/02/2024",
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24-06-2024 AYDOGMUS Osman Hamdi resigns as manager Director changes·Steven VANDERSNICKT
  • AYDOGMUS Osman Hamdi, Zaakvoerder
Notary: Steven VANDERSNICKT · Zele
Technical details 
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL NovaSYO
Registration history
  1. 18-08-2025 Address struck
  2. 07-05-2025 Address strikeout annulled
  3. 28-02-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative