Ovation SAF
ActiveOvation SAF has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €73k. Its solvency ranks better than 67% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency96▲+11
Growth78
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.77 against 3.14 in 2023; short-term debt: 24.6% and cash: 61.2% of total assets), and 29.5% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€146k▲ 101%
2023 · €73k
2023: €73k
2023 → 2024
Total assets
€207k▲ 70.3%
2023 · €121k
2023: €121k
2023 → 2024
Net result
€73k▲ 3.8%
2023 · €71k
2023: €71k
2023 → 2024
Working capital
€141k▲ 106%
2023 · €68k
2023: €68k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€73k-€146k▲ 101%
Operating result€90k-€95k▲ 5.2%
Net result€71k-€73k▲ 3.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 5% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €207k
Fixed assets
€15k▼ 29.5%
Current assets
€192k▲ 91.5%
Equity and liabilities €207k
Equity
€146k▲ 101%
Debt
€61k▲ 24.8%
The debt ratio falls from 40.2% to 29.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103k▲
2023 · €94k
Cash flow
€82k▲
2023 · €74k
Solvency
70.5%▲
2023 · 59.8%
Current ratio
3.77▲
2023 · 3.14
Quick ratio
3.77▲
2023 · 3.14
Debt / equity
0.42▼
2023 · 0.67
ROE
50.2%▼
2023 · 97.2%
ROA
35.4%▼
2023 · 58.1%
Interest coverage
220.37▼
2023 · 223.13
Debt
€61k▲
2023 · €49k
Debt ≤ 1 year
€51k▲
2023 · €32k
Debt > 1 year
€10k▼
2023 · €17k
Income taxes
€21k▲
2023 · €19k
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€121k€207k▲
Fixed assets21/28€21k€15k▼
Tangible fixed assets22/27€21k€15k▼
Furniture and vehicles24€21k€15k▼
Current assets29/58€100k€192k▲
Amounts receivable within one year40/41€52k€65k▲
Trade receivables40€48k€60k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€48k€127k▲
Equity and liabilities
Total equity and liabilities10/49€121k€207k▲
Equity10/15€73k€146k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€71k€144k▲
Amounts payable17/49€49k€61k▲
Amounts payable after more than one year17€17k€10k▼
Financial debts170/4€17k€10k▼
Amounts payable within one year42/48€32k€51k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€1k€957▼
Suppliers440/4€1k€957▼
Taxes, remuneration and social security45€19k€43k▲
Taxes450/3€19k€43k▲
Remuneration and social security454/9-€0
Other amounts payable47/48€5k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€896€916▲
Gross operating margin9900€95k€104k▲
Operating profit (loss)9901€90k€95k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€420€467▲
Recurring financial charges65€420€467▲
Profit (loss) for the period before taxes9903€90k€94k▲
Income taxes67/77€19k€21k▲
Profit (loss) for the period9904€71k€73k▲
Profit (loss) for the period to be appropriated9905€71k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€144k▲
Profit (loss) brought forward from the previous period14P-€71k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €146k ▲101%
2 profitable years in a row build equity to €146k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Saint-Nicolas · 1 establishment unit since 2023
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 Frédéric Braconier 854420 Saint-NicolasGround area
622 m²
Building footprint
138 m²
Parcel 62093B0067/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ovation SAF
since 20232.350.386.115
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62093B0067/00Z000 | Wallonia | 622 m² | 1 · 138 m² | - |
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 11,554 companies in sector 71121 we hold annual accounts for 6,562. 5,230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2023
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74112Other professional, scientific and technical activities
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.