Tova-Bouw
ActiveTova-Bouw has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €90k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 17% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
64
/ 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
Profitability91▲+10
Solvency37▼-19
Growth58▲+6
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.47 against 2.26 in 2024; short-term debt: 23% and cash: 3.9% of total assets), and 87.7% 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
12.3%
Return on assets
17.7%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9388 sector peers (2025).
NBB · sector comparisonPosition among 9388 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
2 d late
2022
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▼ 59.3%
2024 · €152k
2022: €65k
2023: €103k
2024: €152k
2022 → 2025
Total assets
€506k▲ 4.2%
2024 · €486k
2022: €116k
2023: €315k
2024: €486k
2022 → 2025
Net result
€90k▲ 81.8%
2024 · €49k
2022: €63k
2023: €38k
2024: €49k
2022 → 2025
Working capital
€-62k
2024 · €92k
2022: €30k
2023: €106k
2024: €92k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€65k-€103k▲ 57.7%€152k▲ 47.9%€62k▼ 59.3%
Operating result€80k-€48k▼ 39.9%€72k▲ 50.6%€133k▲ 84.0%
Net result€63k-€38k▼ 40.4%€49k▲ 31.0%€90k▲ 81.8%
Turnover and EBIT margin not published: the 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 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506k
Fixed assets
€452k▲ 41.1%
Current assets
€54k▼ 67.2%
Equity and liabilities €506k
Equity
€62k▼ 59.3%
Debt
€444k▲ 33.2%
The debt ratio rises from 68.6% to 87.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€168k▲
2024 · €99k
Cash flow
€125k▲
2024 · €76k
Solvency
12.3%▼
2024 · 31.4%
Current ratio
0.47▼
2024 · 2.26
Quick ratio
0.47▼
2024 · 2.26
Debt / equity
7.16▲
2024 · 2.19
ROE
144.7%▲
2024 · 32.4%
ROA
17.7%▲
2024 · 10.2%
Interest coverage
13.53▲
2024 · 10.61
Debt
€444k▲
2024 · €333k
Debt ≤ 1 year
€116k▲
2024 · €73k
Debt > 1 year
€328k▲
2024 · €260k
Income taxes
€31k▲
2024 · €14k
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€486k€506k▲
Fixed assets21/28€320k€452k▲
Tangible fixed assets22/27€320k€277k▼
Land and buildings22€294k€261k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€3k€3k▼
Leasing and similar rights25€18k€10k▼
Financial fixed assets28-€175k
Current assets29/58€165k€54k▼
Amounts receivable after more than one year29€104k-
Other amounts receivable291€104k-
Amounts receivable within one year40/41€35k€34k▼
Trade receivables40€20k€22k▲
Other amounts receivable41€15k€11k▼
Cash at bank and in hand54/58€26k€20k▼
Deferred charges and accrued income490/1€650€683▲
Equity and liabilities
Total equity and liabilities10/49€486k€506k▲
Equity10/15€152k€62k▼
Contributions10/11€2k€2k=
Reserves13€150k€60k▼
Distributable reserves133€150k€60k▼
Amounts payable17/49€333k€444k▲
Amounts payable after more than one year17€260k€328k▲
Financial debts170/4€260k€328k▲
Amounts payable within one year42/48€73k€116k▲
Current portion of amounts payable after more than one year42€14k€53k▲
Trade debts44€29k€3k▼
Suppliers440/4€29k€3k▼
Taxes, remuneration and social security45€29k€30k▲
Taxes450/3€29k€30k▲
Other amounts payable47/48-€30k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€35k▲
Other operating charges640/8€829€1k▲
Gross operating margin9900€100k€169k▲
Operating profit (loss)9901€72k€133k▲
Financial income75/76B€657€226▼
Recurring financial income75€657€226▼
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€64k€121k▲
Income taxes67/77€14k€31k▲
Profit (loss) for the period9904€49k€90k▲
Profit (loss) for the period to be appropriated9905€49k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€150k€90k▼
Profit (loss) brought forward from the previous period14P€101k-
Transfer from equity791/2-€150k
Transfer to equity691/2€150k€60k▼
To other reserves6921€150k€60k▼
Profit to be distributed694/7-€180k
Return on contributions (dividend)694-€180k
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2022net €90k ▲81.8%
Operating result €133k, net result €90k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150kEq €152k ▲47.9%
3 profitable years in a row build equity to €152k.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
30-09
Financial
Weakest financial yearnet €38k ▼40.4%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 3.63
Current ratio from 1.66 to 3.63; short-term debt falls from €45k to €40k.
30-09
Financial
Equity above €100kEq €103k ▲57.7%
2 profitable years in a row build equity to €103k.
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Gent · 1 establishment unit since 2021
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.
Antoon Catriestraat 949031 GentGround area
945 m²
Building footprint
163 m²
Volume, LiDAR
912 m³
Parcel 44017A0947/00F002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tova-Bouw
since 20212.316.487.187
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017A0947/00F002 | Flanders | 945 m² | 1 · 163 m² | 8.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 1,635 EUR awarded · 1,230 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 405 EUR | 0 EUR |
| 2022 | 1 | 1,230 EUR | 1,230 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 18,252 companies in sector 71111 we hold annual accounts for 6,319. 5,420 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2021
Fiscal year end30-09
Activities, NACEBEL
71111Activities of building architects
41001General construction of residential buildings
68122Development of non-residential building projects
70200Business and other management consultancy
70220Business consulting
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.