NOVES GROUP
ActiveSummary
NOVES GROUP has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €805k and a net result of €154k. Equity is growing by ~16.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability84▼-4
Solvency88▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.32 against 2.9 in 2025; short-term debt: 13% and cash: 35.8% of total assets), and 37.2% 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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
62.8%
Return on assets
12%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
47 d early
2025
57 d early
2024
38 d early
2023
43 d early
2022
39 d early
2021
48 d early
2020
51 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 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€805k▲ 19.8%
2025 · €672k
2019: €275k
2020: €314k
2021: €331k
2022: €391k
2023: €493k
2024: €523k
2025: €672k
2019 → 2026
Total assets
€1.28M▲ 29.5%
2025 · €990k
2019: €788k
2020: €786k
2021: €781k
2022: €795k
2023: €1.05M
2024: €892k
2025: €990k
2019 → 2026
Net result
€154k▲ 3.3%
2025 · €149k
2019: €47k
2020: €38k
2021: €17k
2022: €60k
2023: €147k
2024: €73k
2025: €149k
2019 → 2026
Working capital
€386k▲ 18.0%
2025 · €327k
2019: €140k
2020: €169k
2021: €153k
2022: €169k
2023: €270k
2024: €250k
2025: €327k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€391k-€493k▲ 26.2%€523k▲ 6.1%€672k▲ 28.6%€805k▲ 19.8%
Operating result€80k-€216k▲ 171%€98k▼ 54.8%€212k▲ 117%€167k▼ 21.3%
Net result€60k-€147k▲ 147%€73k▼ 50.3%€149k▲ 104%€154k▲ 3.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 21% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.28M
Fixed assets
€730k ▲ 48.9%
Current assets
€553k ▲ 10.5%
Equity and liabilities €1.28M
Equity
€805k ▲ 19.8%
Debt
€477k ▲ 50.2%
Debt's share of the balance-sheet total rises from 32.1% to 37.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€212k▼
2025 · €243k
Cash flow
€199k▲
2025 · €180k
Current ratio
3.32▲
2025 · 2.90
Debt to equity
0.59▲
2025 · 0.47
ROE
19.2%▼
2025 · 22.2%
ROA
12.0%▼
2025 · 15.1%
Interest coverage
15.60▼
2025 · 24.32
Debt ≤ 1 year
€166k▼
2025 · €173k
Debt > 1 year
€279k▲
2025 · €138k
Income taxes
€42k▼
2025 · €55k
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 · 2026 against 2025 · 49 lines
Balance sheet
Code20252026
Assets
Total assets20/58€990k€1.28M▲
Fixed assets21/28€490k€730k▲
Tangible fixed assets22/27€455k€682k▲
Land and buildings22€443k€670k▲
Plant, machinery and equipment23€705€2k▲
Furniture and vehicles24€12k€10k▼
Financial fixed assets28€35k€48k▲
Current assets29/58€500k€553k▲
Amounts receivable within one year40/41€59k€25k▼
Trade receivables40€56k€25k▼
Other amounts receivable41€3k-
Current investments50/53€51k€51k▲
Cash at bank and in hand54/58€386k€459k▲
Deferred charges and accrued income490/1€3k€17k▲
Equity and liabilities
Total equity and liabilities10/49€990k€1.28M▲
Equity10/15€672k€805k▲
Contributions10/11€19k€19k=
Reserves13€82k€122k▲
Distributable reserves133€82k€122k▲
Profit (loss) carried forward14€572k€665k▲
Amounts payable17/49€318k€477k▲
Amounts payable after more than one year17€138k€279k▲
Financial debts170/4€138k€279k▲
Amounts payable within one year42/48€173k€166k▼
Current portion of amounts payable after more than one year42€61k€85k▲
Trade debts44€76k€25k▼
Suppliers440/4€76k€25k▼
Taxes, remuneration and social security45€35k€42k▲
Taxes450/3€35k€42k▲
Other amounts payable47/48-€15k
Accrued charges and deferred income492/3€8k€32k▲
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€45k▲
Other operating charges640/8€5k€36k▲
Gross operating margin9900€248k€248k▲
Operating profit (loss)9901€212k€167k▼
Financial income75/76B€2k€43k▲
Recurring financial income75€2k€43k▲
Financial charges65/66B€10k€14k▲
Recurring financial charges65€10k€14k▲
Profit (loss) for the period before taxes9903€204k€197k▼
Income taxes67/77€55k€42k▼
Profit (loss) for the period9904€149k€154k▲
Profit (loss) for the period to be appropriated9905€149k€154k▲
Appropriation of the result
Profit (loss) to be appropriated9906€612k€726k▲
Profit (loss) brought forward from the previous period14P€462k€572k▲
Transfer to equity691/2€40k€40k=
To other reserves6921€40k€40k=
Profit to be distributed694/7-€21k
Return on contributions (dividend)694-€21k
The notes to these accounts (12 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 2027, expected by
2026
14-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €154k ▲3.3%
Net result €154k, the highest in the series.
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €500kEq €523k ▲6.1%
6 profitable years in a row build equity to €523k.
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €17k ▼54.6%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Liège · 1 establishment unit since 2001
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.
Rue de la Belle-Jardinière 2604031 LiègeGround area
1,522 m²
Building footprint
178 m²
Volume, LiDAR
880 m³
Parcel 62002C0545/00E000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Belle-Jardinière 260, 4031 Liège
since 20012.098.152.758
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62002C0545/00E000 | Wallonia | 1,522 m² | 1 · 178 m² | 7.0 m · 2 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.
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ZUIDWEST
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Of 6,728 companies in sector 93299 we hold annual accounts for 1,168. 498 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2001
Fiscal year end31-03
Activities, NACEBEL 2025
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:laetitia@novesgroup.com