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NOVITRA

Active
Private limited companyfounded 20242 yrs activeRue de l'Expansion 21, 4400 Flémalle, BelgiumKBO/BCE: BE 1008.915.410
Summary

The computed 12-month bankruptcy probability of NOVITRA is 2.6% (moderate). The 2025 annual accounts show equity of €35,803 and a net result of €15,803. Its solvency ranks better than 19% of 28254 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability73
Solvency42
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.65; short-term debt: 47.2% and cash: 43.3% of total assets), but 83.2% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
16.8%
Return on assets
7.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 28254 sector peers (2025).
NBB · sector comparison
Position among 28254 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

NOVITRA was incorporated on 29 April 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€35,803
Total assets
€213,435
Net result
€15,803
Working capital
€65,725

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €203,784
Fixed assets €37,411
Current assets €166,374
Equity and liabilities €213,435
Equity €35,803
Debt €177,632
Debt finances 83.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€34,397
Cash flow
€23,001
Current ratio
1.65
Quick ratio
1.43
Debt to equity
4.96
ROE
44.1%
ROA
7.4%
Interest coverage
5.35
Debt ≤ 1 year
€100,649
Debt > 1 year
€76,666
Income taxes
€4,966
Staff costs
€33,299

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€213,435
Formation expenses20€9,651
Fixed assets21/28€37,411
Tangible fixed assets22/27€37,411
Plant, machinery and equipment23€4,215
Furniture and vehicles24€33,196
Current assets29/58€166,374
Stocks and contracts in progress3€21,994
Stocks30/36€21,994
Amounts receivable within one year40/41€48,517
Trade receivables40€35,739
Other amounts receivable41€12,778
Cash at bank and in hand54/58€92,317
Deferred charges and accrued income490/1€3,545
Equity and liabilities
Total equity and liabilities10/49€213,435
Equity10/15€35,803
Contributions10/11€20,000
Reserves13€15,803
Distributable reserves133€15,803
Amounts payable17/49€177,632
Amounts payable after more than one year17€76,666
Financial debts170/4€76,666
Amounts payable within one year42/48€100,649
Current portion of amounts payable after more than one year42€30,546
Trade debts44€59,016
Suppliers440/4€59,016
Advances received on contracts in progress46€6,121
Taxes, remuneration and social security45€4,966
Taxes450/3€4,966
Accrued charges and deferred income492/3€318
Income statement Code2025
Remuneration, social security and pensions62€33,299
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,198
Other operating charges640/8€627
Gross operating margin9900€68,323
Operating profit (loss)9901€27,199
Financial charges65/66B€6,430
Recurring financial charges65€6,430
Profit (loss) for the period before taxes9903€20,769
Income taxes67/77€4,966
Profit (loss) for the period9904€15,803
Profit (loss) for the period to be appropriated9905€15,803
Appropriation of the result
Profit (loss) to be appropriated9906€15,803
Transfer to equity691/2€15,803
To other reserves6921€15,803

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€33,299
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,198
Other operating charges640/8€627
Gross operating margin9900€68,323
Operating profit (loss)9901€27,199
Financial charges65/66B€6,430
Recurring financial charges65€6,430
Profit (loss) for the period before taxes9903€20,769
Income taxes67/77€4,966
Profit (loss) for the period9904€15,803
Profit (loss) for the period to be appropriated9905€15,803
Line2025
Assets
Total assets20/58€213,435
Formation expenses20€9,651
Fixed assets21/28€37,411
Tangible fixed assets22/27€37,411
Plant, machinery and equipment23€4,215
Furniture and vehicles24€33,196
Current assets29/58€166,374
Stocks and contracts in progress3€21,994
Stocks30/36€21,994
Amounts receivable within one year40/41€48,517
Trade receivables40€35,739
Other amounts receivable41€12,778
Cash at bank and in hand54/58€92,317
Deferred charges and accrued income490/1€3,545
Equity and liabilities
Total equity and liabilities10/49€213,435
Equity10/15€35,803
Contributions10/11€20,000
Reserves13€15,803
Distributable reserves133€15,803
Amounts payable17/49€177,632
Amounts payable after more than one year17€76,666
Financial debts170/4€76,666
Amounts payable within one year42/48€100,649
Current portion of amounts payable after more than one year42€30,546
Trade debts44€59,016
Suppliers440/4€59,016
Advances received on contracts in progress46€6,121
Taxes, remuneration and social security45€4,966
Taxes450/3€4,966
Accrued charges and deferred income492/3€318
Line2025
Profit (loss) for the period9904€15,803
+ Depreciation and write-downs630€7,198
Operating cash flow (approximation)€23,001

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Flémalle · 1 establishment unit since 2024
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 l'Expansion 214400 Flémalle
1 establishment unit
NOVITRA
Rue de l'Expansion 21, 4400 FlémalleInstallation of electric heating, air conditioning, cooling and ventilation
since 20242.360.370.878

Similar companies · same sector, comparable size

Of 9,536 companies in sector 43222 we hold annual accounts for 5,669. 4,206 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
47527Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008915410
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.