Turnover
≈ €130,000 estimated
The accounts state no turnover.
Novubuild
Lifetime
5 annual accounts with figures on one time axispeak €181,451 (2021)
€15,887▼ 76.4%
lowest -€12,416 (2025)
-€12,416▼ €18,350
peak €12,660 (2024)
€245▼ 98.1%
€0▼ 100%
peak 3 FTE (2021)
-not published
Board5 names since 2020
2 directorsBrent De Cock and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €67,383 to €15,887Loss of €12,416Company renamed from IBE Technics to Novubuild 19-12Equity from €12,660 to €245Debts from €101,474 to €0Cash from €19,991 to €0
Key points
from the 2025 annual accountsBoard
2 joined · 2 left
Board changed. Latest change 19-12-2025 · 2 in office.
Position in the sector
€245
Less equity than 90% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
52
Fair
Financially stronger than 35% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.0%
01-2025: 4.0%● unchanged vs 12-2024
02-2025: 4.0%● unchanged vs 01-2025
03-2025: 3.9%▼ -0.1 percentage points vs 02-2025
04-2025: 4.4%▲ +0.5 percentage points vs 03-2025
05-2025: 5.1%▲ +0.7 percentage points vs 04-2025highest value
06-2025: 5.0%▼ -0.1 percentage points vs 05-2025
07-2025: 5.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.5%▼ -3.6 percentage points vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.0%▼ -0.5 percentage points vs 09-2025lowest value
11-2025: 1.0%● unchanged vs 10-2025lowest value
12-2025: 1.0%● unchanged vs 11-2025lowest value
01-2026: 1.5%▲ +0.5 percentage points vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.4%▼ -0.1 percentage points vs 02-2026
04-2026: 1.5%▲ +0.1 percentage points vs 03-2026
05-2026: 1.9%▲ +0.4 percentage points vs 04-2026
06-2026: 1.8%▼ -0.1 percentage points vs 05-2026
07-2026: 1.9%▲ +0.1 percentage points vs 06-2026
08-2026: 2.2%▲ +0.3 percentage points vs 07-2026
09-2026: 2.6%▲ +0.4 percentage points vs 08-2026
10-2026: 2.4%▼ -0.2 percentage points vs 09-2026
11-2026: 2.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: cash €0, halved
1 change of registered office in 24 months
Founded in 2020
lowers risk
Size: total assets €245
Calculation
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 43, micro). It does better than 90% of them on solvency, 43% on liquidity, 4% on profitability and 4% 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as Novubuild has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Novubuild itself: 2.4% within 12 months.
Test of the method
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 3,591 companies, not a prediction for Novubuild. 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.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 days early
2024
8 days early
2023
1 day early
2022
on the day
2021
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 15 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 23 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LAURENS Kristof Edmond Nicole founderdeed of 09-07-2020
- BELAEY Ivan Jean Pierre founderdeed of 09-07-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0749916304
Company renamed from IBE Technics to Novubuild
Registered office moved within Bornem · New registered office: Puursesteenweg 248 te 2880 Bornem · Previous registered office: 't Hoogste te 2880 Bornem · General meeting of 15-12-2025 · Gazette deed
Company renamed from LB Technics BV to IBE Technics
General meeting of 06-11-2024 · Gazette deed
Registered office moved from Puurs-Sint-Amands to Bornem
New registered office: 't Hoogste 28, 2880 Bornem · Previous registered office: Buisstraat 41, 2890 Puurs-Sint-Amands · Resignation: Kristof Laurens (director) · General meeting of 01-09-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Novubuild Bornem | €245 | €15,887 | 100.0% | - |
| C&N 99 Evergem | €407 | - | -29.6% | - |
| B&E ELEKTRO Sint-Truiden | €88 | - | -128979.5% | - |
| S.E.K.O Ghent | €386 | - | -19264.0% | - |
| AMPERIUS Ham-sur-Heure-Nalinnes | €432 | -€2,921 | -480.9% | - |
| AGL ELECTRO Asse | €413 | -€2,305 | -2099.6% | - |
| Eleko Technics Antwerp | €1,190 | €1,557 | 63.7% | - |
These companies have the same main activity as Novubuild: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €88 and €1,190, founded between 2000 and 2023.
Official details
Source: KBO- Status
- Active since 07-07-2020Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.305.138.4842880 Bornem, since 07-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 11-02-2026
Annual accounts 2025
- €245▼ 99.8%
- Employeeson 31-12-2025
- 0▼ 100%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Novubuild
Novubuild files the micro format. That format states no turnover. The gross margin fell from €181,451 in 2021 to €15,887 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Novubuild
- What is the company number of Novubuild?
- The company number of Novubuild is 0749.916.304. The VAT number is the same number with BE in front: BE 0749.916.304.
- Where is Novubuild based?
- The registered office is at Puursesteenweg 248, 2880 Bornem.Company details
- What does Novubuild do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Novubuild?
- Novubuild is a private limited company (BV).
- When was Novubuild founded?
- Novubuild was founded on 07-07-2020.
- Is Novubuild still active?
- Yes, Novubuild is an active enterprise in the KBO register.
- How many employees does Novubuild have?
- Novubuild had an average of 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Novubuild fall under?
- In its 2025 annual accounts, Novubuild states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of Novubuild?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €15,887 and 97 comparable companies (NACE 43211). It probably lies between €86,000 and €280,000. It is a rough estimate. In financial year 2023 turnover was €842,187.
- Is Novubuild profitable?
- In financial year 2025, Novubuild made a loss of €12,416.
- Where can I find the annual accounts of Novubuild?
- Novubuild filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Novubuild due?
- Novubuild must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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