NOVASYS
ActiveSummary
NOVASYS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €-32k. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-90
Solvency74▼-20
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 3.15 in 2024; short-term debt: 50.7% and cash: 11.5% of total assets), but 50.9% of the assets are financed with debt.
Credit check 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 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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
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
49.1%
Return on assets
-17.9%
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
7 d early
2023
62 d early
2022
77 d early
2021
32 d early
2020
25 d late
2019
64 d early
← 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
€89k▼ 39.1%
2024 · €146k
2018: €187k
2019: €210k▲ +12.7% vs 2018
2020: €197k▼ -6.3% vs 2019
2021: €231k▲ +17.1% vs 2020highest in 8 years
2022: €229k▼ -0.6% vs 2021
2023: €194k▼ -15.6% vs 2022
2024: €146k▼ -24.8% vs 2023
2025: €89k▼ -39.1% vs 2024lowest in 8 years
2018 → 2025
Total assets
€181k▼ 14.7%
2024 · €212k
2018: €263k
2019: €304k▲ +15.6% vs 2018
2020: €273k▼ -10.3% vs 2019
2021: €331k▲ +21.2% vs 2020highest in 8 years
2022: €323k▼ -2.2% vs 2021
2023: €282k▼ -12.8% vs 2022
2024: €212k▼ -24.8% vs 2023
2025: €181k▼ -14.7% vs 2024lowest in 8 years
2018 → 2025
Net result
€-32k
2024 · €36k
2018: €53k
2019: €24k▼ -55.6% vs 2018
2020: €13k▼ -44.0% vs 2019
2021: €61k▲ +359% vs 2020highest in 8 years
2022: €-1k▼ -102% vs 2021
2023: €7k▲ +552% vs 2022
2024: €36k▲ +433% vs 2023
2025: €-32k▼ -190% vs 2024lowest in 8 years
2018 → 2025
Working capital
€85k▼ 39.9%
2024 · €141k
2018: €87k
2019: €112k▲ +28.9% vs 2018
2020: €112k▼ -0.3% vs 2019
2021: €153k▲ +36.4% vs 2020
2022: €162k▲ +6.2% vs 2021highest in 8 years
2023: €130k▼ -20.0% vs 2022
2024: €141k▲ +8.8% vs 2023
2025: €85k▼ -39.9% vs 2024lowest 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€231k-€229k▼ 0.6%€194k▼ 15.6%€146k▼ 24.8%€89k▼ 39.1%
2021: €231khighest in 5 years
2022: €229k▼ -0.6% vs 2021
2023: €194k▼ -15.6% vs 2022
2024: €146k▼ -24.8% vs 2023
2025: €89k▼ -39.1% vs 2024lowest in 5 years
Operating result€85k-€3k▼ 96.5%€11k▲ 277%€53k▲ 374%€-34k
2021: €85khighest in 5 years
2022: €3k▼ -96.5% vs 2021
2023: €11k▲ +277% vs 2022
2024: €53k▲ +374% vs 2023
2025: €-34k▼ -165% vs 2024lowest in 5 years
Net result€61k-€-1k€7k€36k▲ 433%€-32k
2021: €61khighest in 5 years
2022: €-1k▼ -102% vs 2021
2023: €7k▲ +552% vs 2022
2024: €36k▲ +433% vs 2023
2025: €-32k▼ -190% vs 2024lowest in 5 years
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 2025: a loss of €34k after €53k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€4k ▼ 10.2%
Current assets
€177k ▼ 14.8%
Equity and liabilities €181k
Equity
€89k ▼ 39.1%
Debt
€92k ▲ 39.0%
Debt's share of the balance-sheet total rises from 31.3% to 50.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-33k▼
2024 · €55k
Cash flow
€-30k▼
2024 · €37k
Current ratio
1.93▼
2024 · 3.15
Debt to equity
1.04▲
2024 · 0.45
ROE
-36.4%▼
2024 · 24.5%
ROA
-17.9%▼
2024 · 16.9%
Interest coverage
-53.38▼
2024 · 7.26
Debt ≤ 1 year
€92k▲
2024 · €66k
Income taxes
€338▼
2024 · €15k
Staff costs
€185k▼
2024 · €222k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€212k€181k▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€207k€177k▼
Amounts receivable after more than one year29€82k€82k=
Other amounts receivable291€82k€82k=
Amounts receivable within one year40/41€60k€74k▲
Trade receivables40€33k€43k▲
Other amounts receivable41€27k€31k▲
Current investments50/53€13k-
Cash at bank and in hand54/58€52k€21k▼
Equity and liabilities
Total equity and liabilities10/49€212k€181k▼
Equity10/15€146k€89k▼
Reserves13€146k€105k▼
Tax-exempt reserves132€2k-
Distributable reserves133€144k€105k▼
Profit (loss) carried forward14-€-17k
Amounts payable17/49€66k€92k▲
Amounts payable within one year42/48€66k€92k▲
Current portion of amounts payable after more than one year42€32k€32k▼
Trade debts44€494€23k▲
Suppliers440/4€494€23k▲
Taxes, remuneration and social security45€34k€37k▲
Taxes450/3€14k€13k▼
Remuneration and social security454/9€20k€24k▲
Other amounts payable47/48-€467
Accrued charges and deferred income492/3€365€342▼
Income statement
Code20242025
Non-recurring operating income76A€64k-
Remuneration, social security and pensions62€222k€185k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€279k€154k▼
Operating profit (loss)9901€53k€-34k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€8k€612▼
Recurring financial charges65€8k€612▼
Profit (loss) for the period before taxes9903€51k€-32k▼
Income taxes67/77€15k€338▼
Profit (loss) for the period9904€36k€-32k▼
Transfer from tax-exempt reserves789-€2k
Transfer to tax-exempt reserves689€99-
Profit (loss) for the period to be appropriated9905€36k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€-31k▼
Transfer from equity791/2€65k€39k▼
Transfer to equity691/2€36k-
To other reserves6921€36k-
Profit to be distributed694/7€65k€25k▼
Return on contributions (dividend)694€65k€25k▼
The notes to these accounts (10 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 | - | - | - | €64k | - | - |
| Remuneration, social security and pensions62 | €241k | €289k | €260k | €222k | €185k | ▼ 16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €11k | €5k | €2k | €2k | ▲ 19.3% |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €1k | ▼ 25.1% |
| Gross operating margin9900 | €340k | €305k | €279k | €279k | €154k | ▼ 44.9% |
| Operating profit (loss)9901 | €85k | €3k | €11k | €53k | €-34k | ▼ 165% |
| Financial income75/76B | €2k | €5k | €3k | €5k | €3k | ▼ 41.2% |
| Recurring financial income75 | €2k | €5k | €3k | €5k | €3k | ▼ 41.2% |
| Financial charges65/66B | €968 | €6k | €3k | €8k | €612 | ▼ 91.9% |
| Recurring financial charges65 | €968 | €6k | €3k | €8k | €612 | ▼ 91.9% |
| Profit (loss) for the period before taxes9903 | €86k | €2k | €11k | €51k | €-32k | ▼ 163% |
| Transfer from deferred taxes780 | €239 | €237 | €404 | - | - | - |
| Income taxes67/77 | €26k | €4k | €5k | €15k | €338 | ▼ 97.8% |
| Profit (loss) for the period9904 | €61k | €-1k | €7k | €36k | €-32k | ▼ 190% |
| Transfer from tax-exempt reserves789 | €918 | €911 | €1k | - | €2k | - |
| Transfer to tax-exempt reserves689 | €141 | €149 | €173 | €99 | - | - |
| Profit (loss) for the period to be appropriated9905 | €62k | €-722 | €8k | €36k | €-31k | ▼ 186% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €331k | €323k | €282k | €212k | €181k | ▼ 14.7% |
| Fixed assets21/28 | €79k | €68k | €64k | €5k | €4k | ▼ 10.2% |
| Tangible fixed assets22/27 | €78k | €67k | €63k | €3k | €2k | ▼ 16.4% |
| Land and buildings22 | €68k | €64k | €60k | - | - | - |
| Plant, machinery and equipment23 | €4k | €3k | €3k | €3k | €2k | ▼ 16.4% |
| Furniture and vehicles24 | €6k | - | - | - | - | - |
| Financial fixed assets28 | €1k | €1k | €1k | €2k | €2k | = |
| Current assets29/58 | €252k | €255k | €218k | €207k | €177k | ▼ 14.8% |
| Amounts receivable after more than one year29 | €51k | €82k | €82k | €82k | €82k | = |
| Other amounts receivable291 | €51k | €82k | €82k | €82k | €82k | = |
| Amounts receivable within one year40/41 | €114k | €112k | €113k | €60k | €74k | ▲ 23.0% |
| Trade receivables40 | €76k | €45k | €49k | €33k | €43k | ▲ 30.9% |
| Other amounts receivable41 | €38k | €67k | €65k | €27k | €31k | ▲ 13.5% |
| Current investments50/53 | €4k | - | - | €13k | - | - |
| Cash at bank and in hand54/58 | €83k | €61k | €23k | €52k | €21k | ▼ 59.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €331k | €323k | €282k | €212k | €181k | ▼ 14.7% |
| Equity10/15 | €231k | €229k | €194k | €146k | €89k | ▼ 39.1% |
| Contributions10/11 | €19k | €19k | €19k | - | - | - |
| Reserves13 | €212k | €211k | €175k | €146k | €105k | ▼ 27.6% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €3k | €3k | €1k | €2k | - | - |
| Distributable reserves133 | €207k | €206k | €173k | €144k | €105k | ▼ 26.8% |
| Profit (loss) carried forward14 | - | - | - | - | €-17k | - |
| Provisions and deferred taxes16 | €642 | €404 | - | - | - | - |
| Deferred taxes168 | €642 | €404 | - | - | - | - |
| Amounts payable17/49 | €99k | €94k | €88k | €66k | €92k | ▲ 39.0% |
| Amounts payable within one year42/48 | €99k | €93k | €88k | €66k | €92k | ▲ 39.2% |
| Current portion of amounts payable after more than one year42 | €32k | €35k | €32k | €32k | €32k | ▼ 0.1% |
| Trade debts44 | €15k | €4k | €16k | €494 | €23k | ▲ 4,495% |
| Suppliers440/4 | €15k | €4k | €16k | €494 | €23k | ▲ 4,495% |
| Taxes, remuneration and social security45 | €52k | €54k | €40k | €34k | €37k | ▲ 9.5% |
| Taxes450/3 | €26k | €21k | €5k | €14k | €13k | ▼ 6.4% |
| Remuneration and social security454/9 | €26k | €34k | €35k | €20k | €24k | ▲ 20.6% |
| Other amounts payable47/48 | - | - | - | - | €467 | - |
| Accrued charges and deferred income492/3 | €374 | €501 | €388 | €365 | €342 | ▼ 6.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €-1k | €7k | €36k | €-32k | ▼ 190% |
| + Depreciation and write-downs630 | €11k | €11k | €5k | €2k | €2k | ▲ 19.3% |
| Operating cash flow (approximation) | €72k | €10k | €12k | €37k | €-30k | ▼ 182% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €58k | €-1k | ▼ 102% |
| Change in cash | - | €-22k | €-39k | €29k | €-31k | ▼ 206% |
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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €61k ▲359%
Operating result €85k, net result €61k, both a record.
31-12
Financial
Equity above €200kEq €231k ▲17.1%
4 profitable years in a row build equity to €231k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €210k ▲12.7%
2 profitable years in a row build equity to €210k.
Show earlier events
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Eghezée · 1 establishment unit since 1997
Ground area
1,089 m²
Building footprint
114 m²
Parcel 92335A0231/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Sous la Vaux,Noville 13, 5310 Eghezée
since 19972.080.344.647
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92335A0231/00P000 | Wallonia | 1,089 m² | 1 · 114 m² | - |
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
967600V6KGPV0ZHZMR85
Similar companies · same sector, comparable size
E.A.T. Services
BE 0798.974.944
Etterbeek · Eq €88,728
FORK
BE 0457.293.236
Boechout · Eq €88,725
TRADOC INTERNATIONAL
BE 0477.165.071
Wortegem-Petegem · Eq €88,529
STUDIO LINGUA
BE 0896.698.979
Londerzeel · Eq €89,211
COOP SOLUTIONS - VINCENT BLANCQUART
BE 0770.752.201
Brugelette · Eq €89,803
Of 4,530 companies in sector 74301 we hold annual accounts for 720. 616 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
Founded31-12-1996
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
Scores and ratios are computed by Checked and are not a credit decision.