NOVEN
ActiveNOVEN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.81M and a net result of €1.35M. Equity is growing by ~54.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 1030 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400k at 30 days acceptable
Liquidity ample (current ratio 4.23 against 3.42 in 2024), and 17.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.6%
Return on assets
23.1%
Age of the figures
8 mo
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
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
87 d early
2023
36 d early
2022
17 d early
2021
22 d late
2020
24 d late
2019
20 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€4.81M▲ 58.9%
2024 · €3.02M
2018: €138k
2019: €540k
2020: €542k
2021: €958k
2022: €960k
2023: €1.44M
2024: €3.02M
2018 → 2025
Total assets
€5.82M▲ 24.3%
2024 · €4.68M
2018: €208k
2019: €679k
2020: €1.58M
2021: €2.03M
2022: €1.68M
2023: €2.79M
2024: €4.68M
2018 → 2025
Net result
€1.35M▲ 1.3%
2024 · €1.33M
2018: €241
2019: €4k
2020: €2k
2021: €15k
2022: €2k
2023: €301k
2024: €1.33M
2018 → 2025
Working capital
€2.82M▲ 36.1%
2024 · €2.08M
2018: €96k
2019: €494k
2020: €766k
2021: €792k
2022: €1.36M
2023: €1.16M
2024: €2.08M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€958k-€960k▲ 0.2%€1.44M▲ 49.6%€3.02M▲ 111%€4.81M▲ 58.9%
Operating result€24k-€-16k€-46k▼ 186%€-106k▼ 131%€-141k▼ 33.4%
Net result€15k-€2k▼ 85.0%€301k▲ 12,983%€1.33M▲ 341%€1.35M▲ 1.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €141k in 2025 against €106k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.82M
Fixed assets
€2.12M▲ 21.4%
Current assets
€3.70M▲ 26.1%
Equity and liabilities €5.82M
Equity
€4.81M▲ 58.9%
Provisions
€60k▲ 417%
Debt
€953k▼ 42.1%
The debt ratio falls from 35.1% to 16.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€39k▼
2024 · €56k
Cash flow
€1.52M▲
2024 · €1.49M
Solvency
82.6%▲
2024 · 64.6%
Current ratio
4.23▲
2024 · 3.42
Quick ratio
2.11▼
2024 · 2.55
Debt / equity
0.20▼
2024 · 0.54
ROE
28.0%▼
2024 · 43.9%
ROA
23.1%▼
2024 · 28.4%
Interest coverage
0.68▼
2024 · 0.82
Debt
€953k▼
2024 · €1.64M
Debt ≤ 1 year
€873k▲
2024 · €857k
Debt > 1 year
€0▼
2024 · €724k
Income taxes
€-469▲
2024 · €-675
Staff costs
€1.27M▲
2024 · €1.04M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.68M€5.82M▲
Fixed assets21/28€1.75M€2.12M▲
Intangible fixed assets21€183k€493k▲
Tangible fixed assets22/27€148k€133k▼
Plant, machinery and equipment23€120k€97k▼
Furniture and vehicles24€28k€36k▲
Financial fixed assets28€1.42M€1.50M▲
Current assets29/58€2.93M€3.70M▲
Stocks and contracts in progress3€747k€1.85M▲
Stocks30/36€7k€9k▲
Contracts in progress37€741k€1.84M▲
Amounts receivable within one year40/41€1.13M€1.21M▲
Trade receivables40€1.12M€1.20M▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€172k€402k▲
Deferred charges and accrued income490/1€883k€236k▼
Equity and liabilities
Total equity and liabilities10/49€4.68M€5.82M▲
Equity10/15€3.02M€4.81M▲
Contributions10/11€1.07M€1.07M=
Capital10€612k€612k=
Issued capital100€612k€612k=
Outside capital11€457k€457k=
Share premium1100/10€457k€457k=
Reserves13€61k€61k=
Non-distributable reserves130/1€61k€61k=
Legal reserve130€61k€61k=
Profit (loss) carried forward14€1.61M€2.95M▲
Investment grants15€285k€722k▲
Provisions and deferred taxes16€12k€60k▲
Deferred taxes168€12k€60k▲
Amounts payable17/49€1.64M€953k▼
Amounts payable after more than one year17€724k€0▼
Financial debts170/4€724k€0▼
Amounts payable within one year42/48€857k€873k▲
Trade debts44€704k€725k▲
Suppliers440/4€704k€725k▲
Taxes, remuneration and social security45€144k€148k▲
Taxes450/3€39k€23k▼
Remuneration and social security454/9€105k€125k▲
Other amounts payable47/48€9k€0▼
Accrued charges and deferred income492/3€64k€80k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.04M€1.27M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€162k€179k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€1.10M€1.31M▲
Operating profit (loss)9901€-106k€-141k▼
Financial income75/76B€1.50M€1.54M▲
Recurring financial income75€1.50M€1.54M▲
Financial charges65/66B€68k€57k▼
Recurring financial charges65€68k€57k▼
Profit (loss) for the period before taxes9903€1.33M€1.34M▲
Transfer from deferred taxes780€558€838▲
Income taxes67/77€-675€-469▲
Profit (loss) for the period9904€1.33M€1.35M▲
Profit (loss) for the period to be appropriated9905€1.33M€1.35M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.65M€2.95M▲
Profit (loss) brought forward from the previous period14P€324k€1.61M▲
Transfer to equity691/2€43k€0▼
To the legal reserve6920€43k€0▼
Social balance
Average headcount (FTE)908711.912.6▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €1.35M ▲1.3%
Net result €1.35M, the highest in the series.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €3.02M ▲111%
7 profitable years in a row build equity to €3.02M.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.44M ▲49.6%
6 profitable years in a row build equity to €1.44M.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
31-12
Financial
Equity above €500kEq €540k ▲292%
2 profitable years in a row build equity to €540k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Gent · 1 establishment unit since 2015
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.
Coupure 649000 GentGround area
460 m²
Building footprint
427 m²
Volume, LiDAR
6,637 m³
Parcel 44815F0829/00E000, Flanders · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
NOVEN
since 20152.242.936.344
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F0829/00E000 | Flanders | 460 m² | 1 · 427 m² | 21.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 14 entries · 1,432,368 EUR awarded · 668,429 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 558 EUR | 363,871 EUR |
| 2024 | 5 | 1,365,879 EUR | 271,467 EUR |
| 2023 | 3 | 15,931 EUR | 33,091 EUR |
| 2022 | 1 | 50,000 EUR | 0 EUR |
Schemes
Onderzoeksproject
Innovatieprojecten in de context van een speerpuntcluster
O&O-haalbaarheidsstudie
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Federal government
2025 · 1 entry · 197,417 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Economie | 1 | 197,417 EUR |
Budget allocations
Toelagen in kader van de oproep tot projecten betreffende de energietransitie.
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Of 11,508 companies in sector 71121 we hold annual accounts for 6,527. 1,337 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-03-2015
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.noven.be
E-mail:info@noven.be