NOVUM DESIGN
ActiveThe annual accounts of NOVUM DESIGN for fiscal year 2024 show a net loss of 54% of the equity at the start of that year. The 2024 annual accounts show equity of €14k and a net result of €-16k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 4355 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-7
Solvency49▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.82 against 1.06 in 2023; short-term debt: 76.1% and cash: 29.2% of total assets), and 76.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23.9%
Return on assets
-28.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
59 d late
2021
61 d late
2020
153 d late
2019
142 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€14k▼ 54.1%
2023 · €30k
2018: €2k
2019: €60k
2020: €36k
2021: €37k
2022: €38k
2023: €30k
2018 → 2024
Total assets
€57k▼ 32.7%
2023 · €85k
2018: €30k
2019: €82k
2020: €73k
2021: €90k
2022: €79k
2023: €85k
2018 → 2024
Net result
€-16k▼ 104%
2023 · €-8k
2018: €698
2019: €58k
2020: €-24k
2021: €13k
2022: €10k
2023: €-8k
2018 → 2024
Working capital
€-8k
2023 · €3k
2018: €-4k
2019: €55k
2020: €30k
2021: €32k
2022: €34k
2023: €3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€36k-€37k▲ 2.8%€38k▲ 0.3%€30k▼ 20.9%€14k▼ 54.1%
Operating result€-28k-€20k€8k▼ 58.8%€-7k€-15k▼ 114%
Net result€-24k-€13k€10k▼ 22.3%€-8k€-16k▼ 104%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2024 against €7k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57k
Fixed assets
€21k▼ 20.1%
Current assets
€36k▼ 38.5%
Equity and liabilities €57k
Equity
€14k▼ 54.1%
Debt
€43k▼ 21.2%
The debt ratio rises from 64.9% to 76.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2023 · €-6k
Cash flow
€-11k▼
2023 · €-7k
Solvency
23.9%▼
2023 · 35.1%
Current ratio
0.82▼
2023 · 1.06
Quick ratio
0.82▼
2023 · 1.06
Debt / equity
3.18▲
2023 · 1.85
ROE
-118.0%▼
2023 · -26.5%
ROA
-28.2%▼
2023 · -9.3%
Interest coverage
-15.39▼
2023 · -9.11
Debt
€43k▼
2023 · €55k
Debt ≤ 1 year
€43k▼
2023 · €55k
Income taxes
€136▲
2023 · €123
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€85k€57k▼
Fixed assets21/28€27k€21k▼
Tangible fixed assets22/27€25k€19k▼
Furniture and vehicles24€25k€19k▼
Financial fixed assets28€2k€2k=
Current assets29/58€58k€36k▼
Amounts receivable within one year40/41€16k€15k▼
Trade receivables40€16k€14k▼
Other amounts receivable41-€159
Cash at bank and in hand54/58€38k€17k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€85k€57k▼
Equity10/15€30k€14k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€9k€-7k▼
Amounts payable17/49€55k€43k▼
Amounts payable within one year42/48€55k€43k▼
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€21k€4k▼
Taxes450/3€18k€260▼
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€27k€35k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€794€5k▲
Other operating charges640/8€706€1k▲
Gross operating margin9900€-6k€-9k▼
Operating profit (loss)9901€-7k€-15k▼
Financial income75/76B€115€14▼
Recurring financial income75€115€14▼
Financial charges65/66B€698€647▼
Recurring financial charges65€698€647▼
Profit (loss) for the period before taxes9903€-8k€-16k▼
Income taxes67/77€123€136▲
Profit (loss) for the period9904€-8k€-16k▼
Profit (loss) for the period to be appropriated9905€-8k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-7k▼
Profit (loss) brought forward from the previous period14P€17k€9k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
31-12
Financial
Weakest financial yearnet €-24k ▼141%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 142 days late
2019
31-12
Financial
Highest result since 2018net €58k ▲8159%
Operating result €56k, net result €58k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 3.62
Current ratio from 0.83 to 3.62; short-term debt falls from €23k to €21k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
08-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 100 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Perwez · 1 establishment unit since 1995
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 du Culot 121360 PerwezGround area
2.5 ha
Building footprint
8,710 m²
Volume, LiDAR
51,688 m³
2 parcels, Flanders, Wallonia · tallest building 34.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NOVUM DESIGN
since 19952.072.813.289
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24107A0214/00C002 | Flanders | 2.4 ha | 1 · 8,561 m² | 34.0 m · 2 fl. |
| 25101B0062/00E000 | Wallonia | 807 m² | 1 · 149 m² | - |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
Curate to Shape
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DAZRA DESIGN
BE 1024.993.951
Schaarbeek · Eq €13k
OCTA-CONCEPT
BE 0558.841.249
Schaarbeek · Eq €13k
BC STUDIO
BE 0782.874.033
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ARDEMO
BE 0739.585.111
Lessines · Eq €13k
Of 1,236 companies in sector 74140 we hold annual accounts for 353. 217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-08-1995
Fiscal year end31-12
Activities, NACEBEL
74105Other professional, scientific and technical activities
74140Other specialised design activities
71112Activities of interior architects
74109Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.