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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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
NOVA SCOTIA from Holsbeek, company number BE0872192227, closed financial year 2025 with a result of € -64,023 after tax. For that financial year NOVA SCOTIA recorded a gross margin of € 88,034 and equity of € 504,146. Compared with financial year 2024, the result moved from € 79,701 to € -64,023. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ 504,146
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,023
▼ still € 79,701 profit in 2024
Profit after tax over the fiscal year.
€ 18,893
▲ 237% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 497,946.
Debts at end 2025
€ 238,217
▲ 36% vs 2024
€ 46,596 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 489
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,963
▼ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 109,326 | € 110,509 | € 84,603 | € 88,034 | ▲ 4% |
| Profit after taxes | € 45,546 | € 37,727 | € 79,701 | € -64,023 | ▼ € 143,724 |
| Equity | € 467,432 | € 505,159 | € 568,169 | € 504,146 | ▼ 11% |
| Total debts | € 597,793 | € 256,582 | € 225,631 | € 280,669 | ▲ 24% |
| Cash | - | € 128 | € 5,605 | € 18,893 | ▲ 237% |
| Land & buildings | € 1,105,084 | € 806,050 | € 773,412 | € 740,774 | ▼ 4% |
| Retained profit | € 461,232 | € 498,959 | € 561,969 | € 497,946 | ▼ 11% |
| Bank debt | € 516,169 | € 223,087 | € 175,247 | € 238,217 | ▲ 36% |
| Balance sheet total | € 1,113,892 | € 807,857 | € 793,800 | € 784,815 | ▼ 1% |
Key figures of NOVA SCOTIA, 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 NOVA SCOTIA?
What happened at NOVA SCOTIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,023 (▼ € 143,724 vs 2024). filed late Source: NBB ↗
- New establishment in Holsbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,546 profit in 2022 to € 64,023 loss in 2025.
Paid € 157,519 in corporate taxes since 2022.
Best year ever: 2024, with € 79,701 profit.
Management
Behind NOVA SCOTIA are Steve Van Bever and Jimmy Van Bever. The same people are also behind HEUVELZON.
Establishments
Establishment units
Physical locations of this company
Kortrijksebaan 41
3220 Holsbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0872.192.227
- VAT number
- BE 0872.192.227
- Registered office
- Kortrijksebaan 41, 3220 Holsbeek
- Names & denominations
- NOVA SCOTIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2005
- Peppol
- Not registered