NOVILUM
ActiveSummary
NOVILUM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €360k and a net result of €-40k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 31% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-19
Solvency50▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days only on tighter terms
Liquidity tight (current ratio 1.33 against 1.31 in 2024; short-term debt: 70.6% and cash: 2.4% of total assets), and 74.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
34 d early
2022
31 d early
2021
32 d early
2020
31 d early
2019
31 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€360k▼ 10.0%
2024 · €400k
2018: €171k
2019: €196k
2020: €214k
2021: €228k
2022: €287k
2023: €375k
2024: €400k
2018 → 2025
Total assets
€1.42M▼ 9.2%
2024 · €1.56M
2018: €1.37M
2019: €1.41M
2020: €1.27M
2021: €1.28M
2022: €1.41M
2023: €1.42M
2024: €1.56M
2018 → 2025
Net result
€-40k
2024 · €25k
2018: €46k
2019: €25k
2020: €18k
2021: €13k
2022: €60k
2023: €88k
2024: €25k
2018 → 2025
Working capital
€336k▼ 2.8%
2024 · €345k
2018: €183k
2019: €180k
2020: €198k
2021: €149k
2022: €205k
2023: €274k
2024: €345k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€228k-€287k▲ 26.2%€375k▲ 30.5%€400k▲ 6.7%€360k▼ 10.0%
Operating result€67k-€141k▲ 112%€187k▲ 32.1%€137k▼ 26.5%€-39k
Net result€13k-€60k▲ 348%€88k▲ 46.9%€25k▼ 71.4%€-40k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €39k after €137k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€81k ▼ 22.9%
Current assets
€1.34M ▼ 8.2%
Equity and liabilities €1.42M
Equity
€360k ▼ 10.0%
Debt
€1.06M ▼ 8.9%
Debt's share of the balance-sheet total rises from 74.4% to 74.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-384▼
2024 · €173k
Cash flow
€-876▼
2024 · €61k
Current ratio
1.33▲
2024 · 1.31
Quick ratio
0.49▲
2024 · 0.47
Debt to equity
2.94▲
2024 · 2.90
ROE
-11.1%▼
2024 · 6.3%
ROA
-2.8%▼
2024 · 1.6%
Interest coverage
-0.01▼
2024 · 1.64
Debt ≤ 1 year
€1.00M▼
2024 · €1.11M
Debt > 1 year
€57k▲
2024 · €50k
Income taxes
€839▼
2024 · €10k
Staff costs
€397k▲
2024 · €363k
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 · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.56M€1.42M▼
Fixed assets21/28€105k€81k▼
Intangible fixed assets21€2k€175▼
Tangible fixed assets22/27€103k€81k▼
Land and buildings22€0-
Plant, machinery and equipment23€10k€1k▼
Furniture and vehicles24€33k€37k▲
Leasing and similar rights25€60k€43k▼
Financial fixed assets28€350€350=
Current assets29/58€1.46M€1.34M▼
Amounts receivable after more than one year29€20k€31k▲
Other amounts receivable291€20k€31k▲
Stocks and contracts in progress3€931k€852k▼
Stocks30/36€931k€852k▼
Amounts receivable within one year40/41€436k€412k▼
Trade receivables40€309k€284k▼
Other amounts receivable41€127k€128k▲
Cash at bank and in hand54/58€54k€34k▼
Deferred charges and accrued income490/1€17k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.56M€1.42M▼
Equity10/15€400k€360k▼
Contributions10/11€106k€106k=
Reserves13€11k€11k=
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Profit (loss) carried forward14€284k€244k▼
Amounts payable17/49€1.16M€1.06M▼
Amounts payable after more than one year17€50k€57k▲
Financial debts170/4€50k€57k▲
Amounts payable within one year42/48€1.11M€1.00M▼
Current portion of amounts payable after more than one year42€34k€38k▲
Financial debts43€330k€283k▼
Credit institutions430/8€330k€283k▼
Trade debts44€627k€593k▼
Suppliers440/4€627k€593k▼
Taxes, remuneration and social security45€66k€88k▲
Taxes450/3€28k€27k▼
Remuneration and social security454/9€38k€61k▲
Other amounts payable47/48€55k€101▼
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€363k€397k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€39k▲
Other operating charges640/8€24k€15k▼
Non-recurring operating charges66A€952€0▼
Gross operating margin9900€561k€411k▼
Operating profit (loss)9901€137k€-39k▼
Financial income75/76B€4k€60k▲
Recurring financial income75€4k€60k▲
Financial charges65/66B€106k€60k▼
Recurring financial charges65€106k€60k▼
Profit (loss) for the period before taxes9903€35k€-39k▼
Income taxes67/77€10k€839▼
Profit (loss) for the period9904€25k€-40k▼
Profit (loss) for the period to be appropriated9905€25k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€284k€244k▼
Profit (loss) brought forward from the previous period14P€259k€284k▲
Social balance
Average headcount (FTE)90877.66.2▼
The notes to these accounts (26 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-40k ▼259%
Net result drops to €-40k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €88k ▲46.9%
Operating result €187k, net result €88k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €214k ▲9.1%
3 profitable years in a row build equity to €214k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Bree · 1 establishment unit since 2006
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.
Kipdorpstraat 543960 BreeGround area
3,475 m²
Building footprint
2,777 m²
Parcel 72004C0333/00W025, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
NOVILUM
since 20062.159.187.039
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004C0333/00W025 | Flanders | 3,475 m² | 1 · 2,777 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 78,240 EUR awarded · 78,240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 20,645 EUR | 20,645 EUR |
| 2024 | 1 | 19,933 EUR | 19,933 EUR |
| 2023 | 2 | 20,299 EUR | 20,299 EUR |
| 2022 | 1 | 17,363 EUR | 17,363 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesNOVILUM BV40737
Similar companies · same sector, comparable size
OMEGA
BE 0454.968.897
Mons · Eq €360,246
INTERSALES
BE 0471.161.068
Knokke-Heist · Eq €358,471
MUSICOOL
BE 0863.460.148
Binche · Eq €358,361
ERGON
BE 0436.089.531
Antwerpen · Eq €363,876
Coup de Feu
BE 0882.218.760
Knokke-Heist · Eq €365,853
Of 1,170 companies in sector 46499 we hold annual accounts for 743. 563 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
Founded12-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46474Wholesale trade
46499Wholesale of other household goods
43211General electrical installation work
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.