Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2025
NOVO PROJECTS from Turnhout, company number BE0780342531, closed financial year 2025 with a result of € -120,421 after tax. For that financial year NOVO PROJECTS recorded a gross margin of € -121,987 and equity of € -75,617. Compared with financial year 2024, the result moved from € 3,067 to € -120,421. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -75,617
▼ € 120,421 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -120,421
▼ still € 3,067 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -75,923.
People and assets in 2025
€ 3,244
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31,741
Loans from banks and other lenders, long and short.
€ 231,630
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,163 | € 6,670 | € 15,686 | € -121,987 | ▼ € 137,673 |
| Profit after taxes | € 40,501 | € 930 | € 3,067 | € -120,421 | ▼ € 123,488 |
| Equity | € 40,807 | € 41,736 | € 44,804 | € -75,617 | ▼ € 120,421 |
| Total debts | € 112,277 | € 119,603 | € 278,887 | € 264,358 | ▼ 5% |
| Cash | € 101,248 | € 22,813 | € 36,313 | - | |
| Retained profit | € 40,501 | € 41,430 | € 44,498 | € -75,923 | ▼ € 120,421 |
| Bank debt | € 0 | € 0 | € 0 | € 31,741 | |
| Balance sheet total | € 153,084 | € 161,339 | € 323,690 | € 188,741 | ▼ 42% |
Key figures of NOVO PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NOVO PROJECTS?
What happened at NOVO PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 120,421 (▼ € 123,488 vs 2024). filed late Source: NBB ↗
- Kevin Discart became a director. NBB
- Sven Van Otten became a director. NBB
- NOVO Invest stepped down as director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,501 profit in 2022 to € 120,421 loss in 2025.
Paid € 11,117 in corporate taxes since 2022.
Best year ever: 2022, with € 40,501 profit.
Management
The stake of NOVO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NOVO PROJECTSBehind NOVO PROJECTS are Kevin Discart and Sven Van Otten. The shares are held by NOVO INVEST (98%).
Directors
According to the 2025 annual accounts
since 2026
since 2026
· until 2026
Shareholders
98%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Harmoniestraat 52B box 10
2300 Turnhout
Harmoniestraat 52 B box 10
2300 Turnhout
Active since 12 January 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0780.342.531
- VAT number
- BE 0780.342.531
- Registered office
- Harmoniestraat 52B bus 10, 2300 Turnhout
- Names & denominations
- NOVO PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2022
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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