NOVA MOTOR
ActiveNOVA MOTOR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €2k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-29
Solvency52▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.83 in 2024; short-term debt: 55.7% and cash: 20.1% of total assets), but 72.6% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
27.4%
Return on assets
0.4%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
15 d early
2023
29 d early
2022
6 d early
2021
61 d late
2020
9 d early
2019
9 d early
← 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
€133k▼ 19.4%
2024 · €165k
2018: €47k
2019: €63k
2020: €81k
2021: €97k
2022: €131k
2023: €147k
2024: €165k
2018 → 2025
Total assets
€487k▲ 26.9%
2024 · €384k
2018: €109k
2019: €234k
2020: €261k
2021: €274k
2022: €299k
2023: €309k
2024: €384k
2018 → 2025
Net result
€2k▼ 89.8%
2024 · €20k
2018: €-214
2019: €16k
2020: €18k
2021: €17k
2022: €34k
2023: €44k
2024: €20k
2018 → 2025
Working capital
€146k▲ 0.8%
2024 · €145k
2018: €29k
2019: €82k
2020: €71k
2021: €82k
2022: €108k
2023: €139k
2024: €145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€131k▲ 34.6%€147k▲ 12.6%€165k▲ 12.5%€133k▼ 19.4%
Operating result€31k-€49k▲ 58.7%€66k▲ 35.4%€32k▼ 51.5%€15k▼ 51.8%
Net result€17k-€34k▲ 101%€44k▲ 28.2%€20k▼ 54.5%€2k▼ 89.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 52% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €487k
Fixed assets
€70k▲ 6.5%
Current assets
€417k▲ 31.1%
Equity and liabilities €487k
Equity
€133k▼ 19.4%
Debt
€354k▲ 61.9%
The debt ratio rises from 56.9% to 72.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€38k▼
2024 · €57k
Cash flow
€25k▼
2024 · €45k
Solvency
27.4%▼
2024 · 43.1%
Current ratio
1.54▼
2024 · 1.83
Quick ratio
0.71▼
2024 · 0.75
Debt / equity
2.65▲
2024 · 1.32
ROE
1.5%▼
2024 · 12.1%
ROA
0.4%▼
2024 · 5.2%
Interest coverage
3.23▼
2024 · 14.39
Debt
€354k▲
2024 · €218k
Debt ≤ 1 year
€271k▲
2024 · €173k
Debt > 1 year
€82k▲
2024 · €45k
Income taxes
€2k▼
2024 · €8k
Staff costs
€258k▲
2024 · €204k
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€384k€487k▲
Fixed assets21/28€66k€70k▲
Tangible fixed assets22/27€66k€70k▲
Land and buildings22€21k€17k▼
Plant, machinery and equipment23€33k€30k▼
Furniture and vehicles24€12k€23k▲
Current assets29/58€318k€417k▲
Stocks and contracts in progress3€187k€224k▲
Stocks30/36€187k€224k▲
Amounts receivable within one year40/41€51k€87k▲
Trade receivables40€48k€79k▲
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€71k€98k▲
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€384k€487k▲
Equity10/15€165k€133k▼
Contributions10/11€12k€12k=
Reserves13€153k€121k▼
Distributable reserves133€153k€121k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€218k€354k▲
Amounts payable after more than one year17€45k€82k▲
Financial debts170/4€45k€37k▼
Other amounts payable178/9-€45k
Amounts payable within one year42/48€173k€271k▲
Current portion of amounts payable after more than one year42€749€11k▲
Financial debts43€6k€81k▲
Credit institutions430/8€6k€81k▲
Trade debts44€82k€54k▼
Suppliers440/4€82k€54k▼
Taxes, remuneration and social security45€40k€48k▲
Taxes450/3€13k€17k▲
Remuneration and social security454/9€26k€31k▲
Other amounts payable47/48€46k€77k▲
Income statement
Code20242025
Remuneration, social security and pensions62€204k€258k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€23k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-880€0▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€16k€0▼
Gross operating margin9900€279k€299k▲
Operating profit (loss)9901€32k€15k▼
Financial income75/76B€168€196▲
Recurring financial income75€168€196▲
Financial charges65/66B€4k€12k▲
Recurring financial charges65€4k€12k▲
Profit (loss) for the period before taxes9903€28k€4k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€20k€2k▼
Profit (loss) for the period to be appropriated9905€20k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€2k▼
Transfer from equity791/2€2k€34k▲
Transfer to equity691/2€20k€2k▼
To other reserves6921€20k€2k▼
Profit to be distributed694/7€2k€34k▲
Return on contributions (dividend)694€2k€34k▲
The notes to these accounts (9 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €165k ▲12.5%
6 profitable years in a row build equity to €165k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €44k ▲28.2%
Operating result €66k, net result €44k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €131k ▲34.6%
4 profitable years in a row build equity to €131k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
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
4 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, Wervik · 2 establishment units since 2010
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.
Kapellestraat 1A8940 WervikGround area
6,095 m²
Building footprint
911 m²
Volume, LiDAR
4,637 m³
2 parcels, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Nova Motor
since 20102.190.828.142
NOVA MOTOR
since 20192.302.354.089
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33009D0765/00F000 | Flanders | 5,405 m² | 1 · 737 m² | 6.9 m · 2 fl. |
| 33009C0782/00F000 | Flanders | 690 m² | 1 · 174 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 5 entries · 4,593 EUR awarded · 4,593 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 559 EUR | 559 EUR |
| 2024 | 1 | 1,283 EUR | 1,283 EUR |
| 2023 | 1 | 196 EUR | 196 EUR |
| 2022 | 2 | 2,555 EUR | 2,555 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 2 endedAutotechnieken duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
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GARAGE SNOECK
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Of 10,672 companies in sector 47811 we hold annual accounts for 5,222. 3,703 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-2010
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.