Equity
Equity rose in 2025 from €180,059 to €343,017.
Equity rose in 2025 from €180,059 to €343,017.
The micro format states no turnover.
Debts rose by €121,587 in 2025.
Green is investment, beige is depreciation.
A director left. Latest change 01-10-2026 · 1 in office.
Higher net result than 95% of companies in chemicals. Sector median €110 · 147 companies.
The dashed line is the sector median: 0.5% across 356 companies (NACE 20, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 20, micro). It does better than 70% of them on solvency, 78% on liquidity, 96% on profitability and 95% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,127 companies had the same profile as NOVIGNIS ENERGETICS has now. Each dot stands for 8 companies, two years later.
That fits the bankruptcy probability of NOVIGNIS ENERGETICS itself: 0.8% within 12 months.
The method was tested on the 497,447 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 3,127 companies, not a prediction for NOVIGNIS ENERGETICS. 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.
Liquidity is tight, with a current ratio of 1.36 (2.6 in 2024), below the usual 1.5. Short-term debt is 37% and cash 35% of total assets. 37% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 16 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| NOVIGNIS ENERGETICS Genappe | €0.5m | €413,288 | 63.0% | - |
| TEKINJECT Hoogstraten | €1.9m | €646,214 | 20.2% | 4.7 |
| BELGIAN INFUSIONS Soignies | €1.5m | €586,104 | 41.2% | - |
| BeuginGaray Benelux Ronse | €1.4m | €669,043 | -126.5% | 7.7 |
| MINAGRO Ottignies-Louvain-la-Neuve | €1.1m | €112,360 | 34.6% | - |
| Plinius Labs Aalter | €3.4m | €253,455 | 66.0% | - |
| ADVANCED CONSTRUCTION CHEMICALS Antwerp | €0.3m | €65,719 | 8.0% | - |
These companies have the same main activity as NOVIGNIS ENERGETICS: manufacture of chemicals and chemical products (NACE 20590). They are comparable in size and age: total assets between €311,000 and €3.4m, founded between 2019 and 2024.
NOVIGNIS ENERGETICS files the micro format. That format states no turnover. The gross margin rose from -€3,499 in 2023 to €413,288 in 2025.
In October 2026, the Official Gazette published the appointment of VAN RIET Romuald as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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