NOVUS INVEST
ActiveSummary
NOVUS INVEST has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €538k and a net result of €38k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 47% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+1
Solvency53▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.28 in 2024; short-term debt: 9.7% and cash: 4.1% of total assets), and 71.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.4%
Return on assets
2%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
59 d early
2023
8 d late
2022
30 d late
2021
25 d early
2020
1 d early
2019
28 d late
← 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
€538k▲ 7.7%
2024 · €500k
2018: €239k
2019: €231k
2020: €214k
2021: €207k
2022: €453k
2023: €472k
2024: €500k
2018 → 2025
Total assets
€1.90M▼ 6.9%
2024 · €2.04M
2018: €2.57M
2019: €2.45M
2020: €2.32M
2021: €2.59M
2022: €2.38M
2023: €2.26M
2024: €2.04M
2018 → 2025
Net result
€38k▲ 36.8%
2024 · €28k
2018: €-54k
2019: €-8k
2020: €-17k
2021: €-7k
2022: €246k
2023: €19k
2024: €28k
2018 → 2025
Working capital
€15k▼ 70.1%
2024 · €51k
2018: €-469k
2019: €-512k
2020: €-532k
2021: €-179k
2022: €137k
2023: €75k
2024: €51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€207k-€453k▲ 119%€472k▲ 4.2%€500k▲ 6.0%€538k▲ 7.7%
Operating result€23k-€358k▲ 1,477%€47k▼ 86.8%€54k▲ 13.5%€64k▲ 19.5%
Net result€-7k-€246k€19k▼ 92.3%€28k▲ 48.4%€38k▲ 36.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.90M
Fixed assets
€1.70M ▼ 6.0%
Current assets
€199k ▼ 14.4%
Equity and liabilities €1.90M
Equity
€538k ▲ 7.7%
Provisions
€78k =
Debt
€1.28M ▼ 12.3%
Debt's share of the balance-sheet total falls from 71.6% to 67.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€174k▼
2024 · €174k
Cash flow
€148k▼
2024 · €149k
Current ratio
1.08▼
2024 · 1.28
Debt to equity
2.38▼
2024 · 2.92
ROE
7.1%▲
2024 · 5.6%
ROA
2.0%▲
2024 · 1.4%
Interest coverage
7.62▲
2024 · 6.84
Debt ≤ 1 year
€184k▲
2024 · €182k
Debt > 1 year
€1.09M▼
2024 · €1.27M
Income taxes
€3k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.04M€1.90M▼
Fixed assets21/28€1.80M€1.70M▼
Tangible fixed assets22/27€1.80M€1.70M▼
Land and buildings22€1.80M€1.70M▼
Current assets29/58€233k€199k▼
Amounts receivable within one year40/41€228k€119k▼
Trade receivables40-€17k
Other amounts receivable41€228k€102k▼
Cash at bank and in hand54/58€3k€77k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2.04M€1.90M▼
Equity10/15€500k€538k▲
Contributions10/11€258k€258k=
Capital10€258k€258k=
Issued capital100€258k€258k=
Reserves13€270k€280k▲
Non-distributable reserves130/1€8k€9k▲
Legal reserve130€8k€9k▲
Tax-exempt reserves132€235k€235k=
Distributable reserves133€27k€36k▲
Profit (loss) carried forward14€-28k-
Provisions and deferred taxes16€78k€78k=
Deferred taxes168€78k€78k=
Amounts payable17/49€1.46M€1.28M▼
Amounts payable after more than one year17€1.27M€1.09M▼
Financial debts170/4€1.27M€1.09M▼
Amounts payable within one year42/48€182k€184k▲
Current portion of amounts payable after more than one year42€175k€178k▲
Trade debts44€4k€106▼
Suppliers440/4€4k€106▼
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48€3k€3k=
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€109k▼
Other operating charges640/8€11k€11k▲
Gross operating margin9900€185k€185k▼
Operating profit (loss)9901€54k€64k▲
Financial charges65/66B€25k€23k▼
Recurring financial charges65€25k€23k▼
Profit (loss) for the period before taxes9903€28k€41k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€28k€38k▲
Profit (loss) for the period to be appropriated9905€28k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€10k▲
Profit (loss) brought forward from the previous period14P€-56k€-28k▲
Transfer to equity691/2-€10k
To the legal reserve6920-€1k
To other reserves6921-€9k
The notes to these accounts (5 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €538k ▲7.7%
4 profitable years in a row build equity to €538k.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €246k
Net result €246k after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.61
Current ratio from 0.70 to 1.61; short-term debt falls from €592k to €224k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortrijk · 1 establishment unit since 1996
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.
Anna Bijnslaan(Kor) 68500 KortrijkGround area
6,136 m²
Building footprint
575 m²
Volume, LiDAR
4,144 m³
Parcel 34354C0901/00K000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Anna Bijnslaan(Kor) 6, 8500 Kortrijk
since 19962.079.146.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0901/00K000 | Flanders | 6,136 m² | 1 · 575 m² | 11.3 m · 2 fl. |
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.
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 4,491 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 formPublic limited company
Founded29-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.