NOCOVAL
NOCOVAL has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €10k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 4407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €84k |
| Net result | €10k |
| Staff (FTE) | 2 |
| Better than sector | 87% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 76.7% | 28.3% | |
| Net result | €10k | €3k | |
| Equity | €84k | €17k | |
| Gross operating margin | €124k | €28k | |
| Staff costs | €84k | €43k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €39k | €95k | €111k | €104k | €88k |
| Net profit | €10k | €59k | €68k | €68k | €59k |
| Cash flow | €31k | €72k | €85k | €78k | €68k |
| Staff costs | €84k | €59k | €54k | €60k | €50k |
| Income taxes | €8k | €22k | €25k | €24k | €18k |
| Dividends | €24k | €52k | €48k | €36k | €30k |
| Total assets | €109k | €126k | €117k | €132k | €110k |
| Equity | €84k | €97k | €91k | €71k | €39k |
| Debt | €25k | €29k | €26k | €61k | €71k |
| of which ≤ 1y | €25k | €29k | €26k | €38k | €33k |
| of which > 1y | - | - | - | €22k | €37k |
| Working capital | €-4k | €-6k | €3k | €-5k | €28k |
| Employees (FTE) | 2.0 | 2.2 | 1.4 | 1.1 | 1.1 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.85 | 0.80 | 1.13 | 0.87 | 1.82 |
| Quick ratio | 0.85 | 0.80 | 1.13 | 0.87 | 1.82 |
| Working capital ratio | -3.5% | -4.5% | 3.0% | -3.7% | 25.1% |
| Solvency | 76.7% | 77.2% | 77.8% | 53.9% | 35.6% |
| Debt / equity | 0.30 | 0.29 | 0.29 | 0.86 | 1.81 |
| Long-term debt ratio | - | - | - | 0.31 | 0.96 |
| Interest coverage | 236.57 | 589.10 | 73.14 | 70.51 | 48.88 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 9.5% | 46.5% | 58.1% | 51.5% | 54.1% |
| ROE | 12.4% | 60.2% | 74.7% | 95.6% | 152.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €109k | €126k | €117k | €132k | €110k |
| Fixed assets | 21/28 | €88k | €103k | €87k | €99k | €49k |
| Intangible fixed assets | 21 | - | - | - | - | €0 |
| Tangible fixed assets | 22/27 | €88k | €103k | €87k | €99k | €49k |
| Current assets | 29/58 | €22k | €23k | €29k | €33k | €61k |
| Amounts receivable within one year | 40/41 | €12k | €4k | €2k | €1k | €590 |
| Cash & bank | 54/58 | €4k | €18k | €24k | €30k | €37k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €109k | €126k | €117k | €132k | €110k |
| Equity | 10/15 | €84k | €97k | €91k | €71k | €39k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €10k | €10k | €10k | €10k | €10k |
| Accumulated profits (losses) | 14 | €55k | €69k | €62k | €42k | €11k |
| Amounts payable | 17/49 | €25k | €29k | €26k | €61k | €71k |
| Amounts payable after one year | 17 | - | - | - | €22k | €37k |
| Amounts payable within one year | 42/48 | €25k | €29k | €26k | €38k | €33k |
| Trade debts payable within one year | 44 | €10k | - | €2k | €2k | €2k |
| Income statement | ||||||
| Gross operating margin | 9900 | €124k | €165k | €167k | €166k | €140k |
| Operating result | 9901 | €18k | €82k | €94k | €93k | €79k |
| Financial income | 75 | €14 | €31 | €301 | €2 | €1 |
| Financial charges | 65 | €163 | €161 | €2k | €1k | €2k |
| Result before taxes | 9903 | €18k | €81k | €93k | €91k | €77k |
| Income taxes | 67/77 | €8k | €22k | €25k | €24k | €18k |
| Net result for the period | 9904 | €10k | €59k | €68k | €68k | €59k |
| Result to be appropriated | 9905 | €10k | €59k | €68k | €68k | €59k |
Former directors (1)
-
Pascal PAILLETDirector (executive)State Gazette act 23431413 (21-11-2023)Former- → 21-11-2023
| NACE primary | Dental practice(86230) |
| Legal form | Private limited company(610) |
| Incorporation | 02-02-2005 |
| Status | Active |
| Postal code | 6900 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83034A0087/00G000 | Wallonia | 922 m² | 1 · 477 m² | - |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
21-11-2023 1 resigning, 1 reappointed
- Pascal PAILLET, Directeur
- Pascal PAILLET, Bestuurder
Technical details
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"subject_company": {
"kbo": "0871.625.568",
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}| Legal nameFR | NOCOVAL |