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NOVA CARGO SERVICES

Active
Public limited companyfounded 1985active for 41 yearsWilmarsstraat 416, 2030 Antwerpen, BelgiumKBO/BCE: BE 0427.516.513
Summary

NOVA CARGO SERVICES has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €454,270 and a net result of €9,693. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 23% of 36 sector peers (NACE 52, financial year 2026). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Logistics services
NACE 52250
1 site
Size
€4.8mturnover 2026
Staff
14.4 FTE
Equity
€454,270
Profit
€9,693
Financial health
69 Healthy Checked score 2026
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
NOVA NATIE · 92.88%
Board
4 members
  • GANGMAKERS BVManaging director · permanent representative Maarten Geerardyn
Auditor: Figurad Bedrijfsrevisoren bvAccounts 20 days early
Why 69raises riskEquity €454,270 (16.8% of total assets)Sector: Warehousing and support activities for transportation (NACE 52)Size: turnover €4.8m, 14.4 FTE, total assets €2.7mlowers riskFounded in 1985Show the evidence

Checked score

Score 2026
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (NACE 52, small)
Financial strength · tick = 2025
Average
Solvency 42-1
equity 16.8% of total assets
Liquidity 33+7
short-term debt 63.4% · cash 12.9%
Profitability 60-3
return on assets 0.4%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (598 companies, NACE 52, small)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.7 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.6%▼ -0.6 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.08, compared with 1.17 in 2025, below the usual 1.5; short-term debt: 63.4% and cash: 12.9% of total assets), and 83.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, small): better than 29% on solvency, 30% on liquidity, 42% on profitability and 63% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €454,270 (16.8% of total assets)
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Size: turnover €4.8m, 14.4 FTE, total assets €2.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 36 sector peers (2026).
NBB · sector comparison
Position among 36 sector peers
Solvency
better than 23%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year €454,270
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 11-08-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
20 days early
2025
34 days early
2024
46 days early
2023
38 days early
2022
13 days early
2021
18 days early
2020
46 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Appointment: FIGURAD Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Geoffrey Loontjens and…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Caution: Result fell in 2026from €67,825 to €9,693 ▼ 85.7% View
  • Caution: Among the weakest 14% on equitysector median €3.9m · 36 companies €454,270 View
  • Positive: 4 years of growth in a rowturnover 2026: €4.8m 4 years View
  • Controlled by NOVA NATIEknown shareholders 100% 92.88% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2026
Turnover
€4.8m
Profit
€9,693
Solvency
16.8%
Turnover▲ 16.5%
Net result
20192026
Go to Financials

Board & ownership

Board
4 members
Parent
NOVA NATIE · 92.88%
Known shareholders
100%
Auditor
Figurad Bedrijfsrevisoren bv
  • 1DR8NATIE BVDirector
  • Scheldetrans BVDirector
  • GANGMAKERS BVManaging director
  • 1DR8NATIE BVDirector
Go to Board & ownership

Timeline

Events
64
Since
1987
Next accounts
by 31-08-2027
  1. 31-01-2025Back to profit
  2. 29-10-2024Reappointments: Scheldetrans BV (director) and 1DR8NATIE BV…
  3. 16-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Logistics servicesNACE 52250
Founded
24-06-1985
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

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