The computed 12-month bankruptcy probability of NOVATION MED is 9.3% (elevated). The 2024 annual accounts show negative equity (-€1,300) and a net result of -€1,300. Its net result ranks better than 30% of 25,542 sector peers (NACE 47, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises risk2 changes of registered office in 24 monthsFounded in 2024Negative equityneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
9.3%Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 1.2% (6,495 companies, NACE 47, without accounts)
Last 24 months02-2025: 3.1%lowest value03-2025: 3.1%● unchanged vs 02-2025lowest value04-2025: 3.2%▲ +0.1 percentage points vs 03-202505-2025: 7.2%▲ +4.0 percentage points vs 04-202506-2025: 4.6%▼ -2.6 percentage points vs 05-202507-2025: 5.0%▲ +0.4 percentage points vs 06-202508-2025: 5.0%● unchanged vs 07-202509-2025: 5.2%▲ +0.2 percentage points vs 08-202510-2025: 5.3%▲ +0.1 percentage points vs 09-202511-2025: 5.2%▼ -0.1 percentage points vs 10-202512-2025: 5.3%▲ +0.1 percentage points vs 11-202501-2026: 5.7%▲ +0.4 percentage points vs 12-202502-2026: 10.1%▲ +4.4 percentage points vs 01-202603-2026: 10.1%● unchanged vs 02-202604-2026: 10.1%● unchanged vs 03-202605-2026: 10.1%● unchanged vs 04-202606-2026: 10.1%● unchanged vs 05-202607-2026: 10.1%● unchanged vs 06-202608-2026: 10.2%▲ +0.1 percentage points vs 07-2026highest value09-2026: 9.9%▼ -0.3 percentage points vs 08-202610-2026: 9.3%▼ -0.6 percentage points vs 09-2026
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 20 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
Resignation: BEN MOHAND JAMAL (director)Appointment: AOUITE RYAD (director) ·…
Annual accounts filedfinancial year 2024 · micro…
Resignation: Zardoua Mohamed (director)Appointment: Ben Mohand Jamal (director)…
Key points
Risk: Negative equityfinancial year 2024: debts exceed assets-€1,300View
Caution: Board changedlatest change 07-01-2026 · 1 in office1 joined · 1 leftView