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NOVI PROJECTS

Active
Private limited companyfounded 2020active for 6 yearsLindenlaan(E) 87, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0754.460.258
Summary

The computed 12-month bankruptcy probability of NOVI PROJECTS is 9.1% (elevated). The annual accounts of NOVI PROJECTS for financial year 2025 show a net loss of 92% of total assets and of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €22,695 and a net result of -€152,643. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 9,083 sector peers (NACE 41, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
NOVI PROJECTSActiveChecked score 30/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€166,438total assets 2025
Equity
€22,695
Loss
-€152,643
Turnover not published (micro format)
Financial health
30 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
9.1%
Structure
Accounts 24 days early1 of 2 deeds read
Why 30raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2020Loss of €152,643 (financial year 2025)1 of the last 3 lateShow the evidence

Checked score

Score 2025
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 9% of its sector peers (NACE 41, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 39-13
equity 13.6% of total assets
Liquidity 3-81
short-term debt 86.4% · cash 0.6%
Profitability 0-90
return on assets -91.7%
Bankruptcy probability, 12 months
9.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,400 companies, NACE 41, micro)
Last 24 months 11-2024: 4.2% 12-2024: 4.2%● unchanged vs 11-2024 01-2025: 4.2%● unchanged vs 12-2024 02-2025: 4.4%▲ +0.2 percentage points vs 01-2025 03-2025: 4.4%● unchanged vs 02-2025 04-2025: 4.4%● unchanged vs 03-2025 05-2025: 4.2%▼ -0.2 percentage points vs 04-2025 06-2025: 4.6%▲ +0.4 percentage points vs 05-2025 07-2025: 4.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▼ -4.1 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.7%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 1.5%▲ +0.9 percentage points vs 06-2026 08-2026: 9.0%▲ +7.5 percentage points vs 07-2026 09-2026: 9.1%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 9.1%● unchanged vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.16, compared with 2.79 in 2024, below the usual 1.5; short-term debt: 86.4% and cash: 0.6% of total assets), and 86.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 21% on solvency, 5% on liquidity, 5% on profitability and 6% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €152,643 (financial year 2025)
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9083 sector peers (2025).
NBB · sector comparison
Position among 9083 sector peers
Solvency
better than 21%
← weakest strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
24 days early
2024
15 days early
2023
54 days late
2022
53 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered office · Other addressesRegistered-office move
  3. Weakest financial yearnet -€152,643

Key points

  • Caution: From profit to loss in 2025after €136,322 in 2024 -€152,643 View
  • Caution: Among the weakest 5% on net resultsector median €8,554 · 9,074 companies -€152,643 View
  • Total assets 20255 financial years filed €166,438 View

By topic

Financials

Financial year
2025
Total assets
€166,438
Loss
-€152,643
Solvency
13.6%
Total assets▼ 74.5%
Net result
20212025
Go to Financials

Timeline

Events
10
Since
2022
Next accounts
by 31-07-2027
  1. 16-07-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
15-09-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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