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Complete company report
Generated 27-06-2026
Active BE 0763.757.808Private limited companyOpen bankruptcy

NOVULO

Brugsesteenweg 106 ·8740 Pittem, Belgium· 5 yrs active
Sector: NACE 31001 (31001)
Conclusion Checked

A bankruptcy procedure is open for NOVULO according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-161k) and a net result of €102k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-161k
Net result €102k
Staff (FTE) 1.7
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency42Growth78Stability0
24 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 0
Solvency 42
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
0 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 10-05-2023 with the NBB · fiscal year 2022 · micro
€-300k€-200k€-100k€0€100kOperating result 2021: €-278k€-278kNet result 2021: €-283k€-283kOperating result 2022: €114k€114kNet result 2022: €102k€102k20212022
Operating resultNet result
EBITDA
€145k
— +1341% vs sector
Net profit
€102k
— +2979% vs sector
Cash flow
€134k
— +1564% vs sector
Total assets
€2.67M
+466.5% +3427% vs sector
Equity
€-161k
+38.9% -436% vs sector
Working capital
€-264k
-1.5% -988% vs sector
Employees (FTE)
2
— -28% vs sector
Staff costs
€69k
+191.8% -13% vs sector
Debt
€2.83M
+285.4% +5076% vs sector
Debt ≤ 1y
€2.69M
+379.7% +9072% vs sector
Debt > 1y
€124k
-28.7% +57% vs sector
Current ratio
0.90
+68.2% -17% vs sector
Quick ratio
0.56
+102.9% -47% vs sector
Solvency
-6.0%
+89.2% -124% vs sector
Debt / equity
-17.61
-530.9% -676% vs sector
ROE
-63.7%
— -220% vs sector
ROA
3.8%
— +178% vs sector
Interest coverage
11.43
— +126% vs sector
Figures by fiscal year
Fiscal year2022
Revenue—
EBITDA€145k
Net profit€102k
Cash flow€134k
Staff costs€69k
Income taxes—
Dividends—
Total assets€2.67M
Equity€-161k
Debt€2.83M
of which ≤ 1y€2.69M
of which > 1y€124k
Working capital€-264k
Employees (FTE)1.7
Ratios (computed)
2022
Current ratio0.90
Quick ratio0.56
Working capital ratio-9.9%
Solvency-6.0%
Debt / equity-17.61
Long-term debt ratio-0.77
Interest coverage11.43
Gross margin—
Net margin—
ROA3.8%
ROE-63.7%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet — Assets
TOTAL ASSETS 20/58€2.67M
Fixed assets 21/28€244k
Intangible fixed assets 21€39k
Tangible fixed assets 22/27€203k
Financial fixed assets 28€2k
Current assets 29/58€2.42M
Stocks & contracts in progress 3€924k
Amounts receivable within one year 40/41€259k
Cash & bank 54/58€1.10M
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.67M
Equity 10/15€-161k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€-181k
Amounts payable 17/49€2.83M
Amounts payable after one year 17€124k
Amounts payable within one year 42/48€2.69M
Trade debts payable within one year 44€682k
Income statement
Gross operating margin 9900€227k
Operating result 9901€114k
Financial income 75€1k
Financial charges 65€13k
Result before taxes 9903€102k
Net result for the period 9904€102k
Result to be appropriated 9905€102k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator RIK CRIVITS
EZELSTRAAT 25, 8000 BRUGGE-
 27-06-2024 → present Belgian State Gazette
Curator ASTRID LESCOUHIER
EZEL- STRAAT 25, 8000 BRUGGE
 27-06-2024 → present Belgian State Gazette
Legal Structure
NACE primary 31001
Legal form Private limited company(610)
Incorporation17-02-2021
StatusActive
Postal code8740
First BS signal 03-07-2024
Latest BS signal 03-07-2024
Company structure — linked entities2 linked entities
NOVULOBE 0763.757.808RIK CRIVITSReceiverASTRID LESCOUHIERReceiver ↔ 32MAENE L.FUN LOGISTICSG.R.M. INVEST
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 2 locations
Thijs Vanhoutte
Brugsesteenweg 106, 8740 PittemVervaardiging van deuren, ramen, kozijnen, luiken, jaloeziën, plinten, staaflijsten, enz, uit kunststof
since 20212.314.074.956
NOVULO
Oudstrijderslaan 35, 8800 RoeselareVervaardiging van deuren, ramen, kozijnen, luiken, jaloeziën, plinten, staaflijsten, enz, uit kunststof
since 20212.314.075.055
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37011A0285/00F002 Flanders 2.4 ha — —
36017A0742/00Z000 Flanders 949 m² 1 · 140 m² 9.6 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
03-07-2024
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · NOVULO BV BRUGSE- STEENWEG 106, 8740 PITTEM · event 27-06-2024
2023
10-05-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
10-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
22-03-2022
State Gazette act Director changes
Lifecycle & Insolvency Signals 1 events
03-07-2024
Bankruptcy Opening
Date: 27-06-2024 · Ondernemingsrechtbank Gent, afdeling Brugge · NOVULO BV BRUGSE- STEENWEG 106, 8740 PITTEM · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-07-03 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad — acts 1 acts
All acts · 1 updated 4 years ago
2022
22-03-2022 Sara Compernolle resigns as director Director changes
  • Sara Compernolle — Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Sara Compernolle",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2022-03-11",
      "evidence_quote": "Op 11 maart 2022 heeft mevrouw Sara Compernolle met onmiddellijke ingang ontslag genomen als bestuurder.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-03-22",
    "filing_date": "2022-03-15",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "enig_aandeelhouder_schriftelijk",
      "date": "2022-03-11",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0763.757.808",
    "name_full": "NOVULO",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van kantoor- en winkelmeubelen31001Vervaardiging van kantoor- en winkelmeubelen31010Vervaardiging van keukenmeubelen31002Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen31004Vervaardiging van andere meubelen, neg31009Vervaardiging van keukenmeubelen31020Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen31091Vervaardiging van andere meubelen, n.e.g.31099Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van niet-residentiële bouwprojecten41102Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten68122
Primary activity highlighted.
Names & trade names
Legal nameNL NOVULO
Registered office
Brugsesteenweg 106
8740 Pittem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative