OVATION MANAGEMENT
ActiveOVATION MANAGEMENT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €314k and a net result of €-63k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 27% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▲+18
Solvency51▼-2
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.49 in 2024; short-term debt: 23.1% and cash: 0.2% of total assets), and 74.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-63k
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 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
13 d early
2023
30 d late
2022
13 d early
2021
31 d late
2020
81 d late
2019
90 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€314k▼ 16.7%
2024 · €377k
2018: €370k
2019: €427k
2020: €526k
2021: €555k
2022: €512k
2023: €554k
2024: €377k
2018 → 2025
Total assets
€1.21M▼ 10.2%
2024 · €1.35M
2018: €1.50M
2019: €1.51M
2020: €1.67M
2021: €1.63M
2022: €1.49M
2023: €1.56M
2024: €1.35M
2018 → 2025
Net result
€-63k▲ 64.4%
2024 · €-177k
2018: €51k
2019: €57k
2020: €99k
2021: €29k
2022: €-43k
2023: €43k
2024: €-177k
2018 → 2025
Working capital
€-233k▼ 70.7%
2024 · €-136k
2018: €-280k
2019: €-279k
2020: €163k
2021: €172k
2022: €54k
2023: €75k
2024: €-136k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€555k-€512k▼ 7.8%€554k▲ 8.3%€377k▼ 32.0%€314k▼ 16.7%
Operating result€74k-€-16k€85k€-147k€-36k▲ 75.8%
Net result€29k-€-43k€43k€-177k€-63k▲ 64.4%
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 €36k in 2025 against €147k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€1.16M▼ 4.2%
Current assets
€47k▼ 64.8%
Equity and liabilities €1.21M
Equity
€314k▼ 16.7%
Provisions
€280k▼ 1.5%
Debt
€617k▼ 10.3%
The debt ratio stays at 51.0%.
Key figures and ratios
EBITDA
€26k▲
2024 · €-86k
Cash flow
€-1k▲
2024 · €-116k
Solvency
25.9%▼
2024 · 28.0%
Current ratio
0.17▼
2024 · 0.49
Quick ratio
0.17▼
2024 · 0.49
Debt / equity
1.97▲
2024 · 1.82
ROE
-20.1%▲
2024 · -47.0%
ROA
-5.2%▲
2024 · -13.1%
Interest coverage
0.96▲
2024 · -2.94
Debt
€617k▼
2024 · €688k
Debt ≤ 1 year
€280k▲
2024 · €270k
Debt > 1 year
€337k▼
2024 · €418k
Income taxes
€170▼
2024 · €3k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.35M€1.21M▼
Fixed assets21/28€1.22M€1.16M▼
Tangible fixed assets22/27€1.19M€1.14M▼
Land and buildings22€1.07M€1.02M▼
Plant, machinery and equipment23€324€758▲
Furniture and vehicles24€112k€109k▼
Other tangible fixed assets26€6k€6k=
Financial fixed assets28€25k€25k=
Current assets29/58€134k€47k▼
Amounts receivable within one year40/41€124k€40k▼
Trade receivables40€94k€13k▼
Other amounts receivable41€30k€27k▼
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.21M▼
Equity10/15€377k€314k▼
Contributions10/11€164k€164k=
Reserves13€213k€150k▼
Non-distributable reserves130/1€17k€17k=
Reserves not available under the articles1311€17k€17k=
Distributable reserves133€196k€133k▼
Provisions and deferred taxes16€284k€280k▼
Provisions for liabilities and charges160/5€284k€280k▼
Pensions and similar obligations160€284k€280k▼
Amounts payable17/49€688k€617k▼
Amounts payable after more than one year17€418k€337k▼
Financial debts170/4€418k€337k▼
Amounts payable within one year42/48€270k€280k▲
Current portion of amounts payable after more than one year42€79k€80k▲
Trade debts44€34k€31k▼
Suppliers440/4€34k€31k▼
Taxes, remuneration and social security45€17k€170▼
Taxes450/3€17k€170▼
Other amounts payable47/48€140k€168k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€62k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-4k€-4k▼
Other operating charges640/8€10k€13k▲
Gross operating margin9900€-80k€35k▲
Operating profit (loss)9901€-147k€-36k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€29k€27k▼
Recurring financial charges65€29k€27k▼
Profit (loss) for the period before taxes9903€-175k€-63k▲
Income taxes67/77€3k€170▼
Profit (loss) for the period9904€-177k€-63k▲
Profit (loss) for the period to be appropriated9905€-177k€-63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-177k€-63k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€177k€63k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 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
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-177k ▼516%
Net result drops to €-177k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 81 days late
2020
31-12
Financial
Highest result since 2018net €99k ▲72.9%
Operating result €171k, net result €99k, both a record.
31-12
Financial
Liquidity times 11current ratio 2.32
Current ratio from 0.21 to 2.32; short-term debt falls from €351k to €124k.
31-12
Financial
Equity above €500kEq €526k ▲23.1%
3 profitable years in a row build equity to €526k.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Genesius-Rode · 1 establishment unit since 2014
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.
Middenhutlaan 281640 Sint-Genesius-RodeGround area
3,303 m²
Building footprint
294 m²
Volume, LiDAR
1,661 m³
Parcel 22552F0002/00P084, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OVATION MANAGEMENT
since 20142.234.351.151
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552F0002/00P084 | Flanders | 3,303 m² | 1 · 294 m² | 10.2 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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AXFIN-B
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Figure-of-Eight
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 37,869 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-08-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.