Equity
€88,762 from €244,984 in 2015
Equity fell by 64% in 10 years.
NOVASYS
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €373,209 (2019)
€153,724▼ 44.9%
lowest -€32,305 (2025)
-€32,305▼ €68,055
peak €244,984 (2015)
€88,762▼ 39.1%
€92,016▲ 39.0%
peak 5.9 FTE (2019)
-not published
Board1 name since 2004
1 director
Documentsfilings and deeds
11-05-202681 days before the deadline
2025micro format
Gross margin from €278,952 to €153,724Loss of €32,305Dividend €24,565Equity from €145,632 to €88,762Debts from €66,217 to €92,016Cash from €51,788 to €20,784
Key points
from the 2025 annual accountsResult
-€32,305 -€32,305
From profit to loss in 2025, after a profit of €35,750 in 2024.
Turnover
≈ €380,000 estimated
The micro format states no turnover.
Staff
2.5 FTE from 5.9 in 2019
Between 2019 and 2025, 58% of the full-time equivalents disappeared.
Filings
29 annual accounts since 1997
The 2020 accounts came 25 days late. The other nine of the last ten were filed on time.
Position in the sector
-€32,305
Lower net result than 95% of companies in other professional activities. Sector median €9,303 · 4,360 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as NOVASYS has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for NOVASYS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459694183
Change of role: , from manager to director
Director discharge: · General meeting of 24-02-2023 · Gazette deed
Capital decrease of €62,000 to €18,600
Capital from €80,600 to €18,600 · General meeting of 15-06-2018 · Gazette deed
First establishment
Rue Sous la Vaux,Noville 13, Eghezée
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOVASYS Eghezée | €180,778 | €153,724 | 49.1% | - |
| BELGIAN TRANSLATION CENTRE Ostend | €168,180 | €160,419 | 45.0% | - |
| BBAM COMMUNICATIONS Antwerp | €211,905 | €147,525 | 88.0% | - |
| VAN HOLM COMMUNICATIE Ghent | €160,585 | €127,714 | 82.6% | - |
| ISABELLE VANDENPLAS Uccle | €192,456 | €111,876 | 31.5% | - |
| CBG Consulting & Information Leuven | €217,758 | €153,166 | 81.6% | - |
| DE-OFFICE Mol | €144,302 | €209,667 | 14.2% | - |
These companies have the same main activity as NOVASYS: translation services (NACE 74301). They are comparable in size and age: total assets between €144,000 and €218,000, founded between 1992 and 2001.
Official details
Source: KBO- Status
- Active since 31-12-1996Normal situation
- Activity
- Translation servicesNACE 74301
- Establishment unit
- 2.080.344.6475310 Eghezée, since 03-02-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 25-03-2025
Annual accounts 2025
- €180,778▼ 14.7%
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 11-05-2026, 81 days before the end of the filing period
Insights on NOVASYS
NOVASYS files the micro format. That format states no turnover. The gross margin rose from €95,826 in 2006 to €153,724 in 2025.
The balance sheet grew most from 2008 to 2010 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NOVASYS
- What is the company number of NOVASYS?
- The company number of NOVASYS is 0459.694.183. The VAT number is the same number with BE in front: BE 0459.694.183.
- Where is NOVASYS based?
- The registered office is at Rue Sous la Vaux,Noville 13, 5310 Eghezée.Company details
- What does NOVASYS do?
- According to the KBO register, the main activity is translation services (NACE 74301).
- What is the legal form of NOVASYS?
- NOVASYS is a private limited company (BV).
- When was NOVASYS founded?
- NOVASYS was founded on 31-12-1996.
- Is NOVASYS still active?
- Yes, NOVASYS is an active enterprise in the KBO register.
- How many employees does NOVASYS have?
- NOVASYS had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NOVASYS?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €153,724 and 2,203 comparable companies of the same size. It probably lies between €260,000 and €600,000. It is a rough estimate.
- Is NOVASYS profitable?
- In financial year 2025, NOVASYS made a loss of €32,305.
- Where can I find the annual accounts of NOVASYS?
- NOVASYS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOVASYS due?
- NOVASYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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