ACTIVE

NOVAGARE

Financial year 2025 · closed on 31/12/2025
Net result
-115,7 k €
-10.4% YoY
Gross margin
1,3 k €
+130.4% YoY
Equity
153,2 k €
-43.0% YoY

What does NOVAGARE do?

NOVAGARE is a Private limited company incorporated in 1997. Its registered office is in Houyet.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.772.170
Incorporation
02/06/1997
Legal form
Private limited company
Registered office
Rue Basse, Mesnil-Eglise 26
5560 Houyet · WallonieSee on map
Contributed capital
858 373,42 €
Latest accounts
31/12/2025
Joint committees (2)
  • 124
  • 218
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201420132012201120102009200820072006
Income statement
Gross margin1,3 k €-4,1 k €-16,4 k €52,4 k €5,4 k €5,9 k €-4,3 k €-7,6 k €11,8 k €22,4 k €17,8 k €54,1 k €9,3 k €-6 k €236,9 k €141,6 k €149,1 k €236,3 k €99,6 k €
EBITDA-13,2 k €-10,6 k €-20,2 k €49,9 k €-34,6 k €-599,7 €-6,7 k €-18,5 k €10,6 k €5,6 k €17,8 k €77,3 k €4,5 k €-12,3 k €233,9 k €-10,7 k €-26,7 k €68,3 k €-12,2 k €
Operating result-61,6 k €-62,3 k €-68,4 k €8,8 k €-65,2 k €-27,3 k €-33 k €-44,8 k €-15,7 k €-8,5 k €17,8 k €46,2 k €-7,6 k €-26,5 k €233,9 k €-17 k €-50,4 k €45,4 k €-39,6 k €
Net result-115,7 k €-104,8 k €-111,5 k €-8,6 k €-71,8 k €-25 k €-40 k €-58,7 k €-28,9 k €-27,9 k €17,8 k €38,5 k €-20,9 k €-31,4 k €-1,6 k €-46,5 k €1,9 k €34,7 k €-49,8 k €
Balance sheet
Equity153,2 k €268,9 k €373,7 k €485,1 k €493,7 k €565,5 k €590,4 k €630,5 k €689,2 k €-101,5 k €-80,3 k €-98,1 k €-136,6 k €-115,6 k €-84,2 k €-82,5 k €86,7 k €15,8 k €-18,9 k €
Total assets887,1 k €1,3 M €1,3 M €1,5 M €1,5 M €1,1 M €1,2 M €959,9 k €1 M €285,8 k €243 k €291,6 k €308,6 k €305,5 k €329,6 k €559,9 k €1,1 M €1,1 M €741,2 k €
Cash0 €0 €0 €9 k €3,3 k €7,8 k €4,5 k €556,3 €1 k €205,2 €311,1 €6,9 k €3,1 k €1,3 k €10,7 k €2,4 k €4 k €87,8 k €15,1 k €
Debts733,9 k €1,1 M €910,5 k €985,1 k €992,9 k €562,7 k €618,1 k €321,4 k €353,9 k €387,3 k €323,3 k €389,4 k €420,5 k €396,4 k €390,1 k €594,1 k €975,6 k €1,1 M €731,5 k €
Other
Workforce3,1 ETP3,9 ETP4,0 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

o MANNE CELESTE

Director · 0829.801.346

Represented by Eddy Deffosez

Active
VDH DEV

Managing director · 0725.771.519

Represented by Pierre Oldenhove

Active
VENTS D'HOUYET

Director · 0479.378.156

Represented by Bernard Delville

Active

Ended mandates

TERRE ACADEMIE

Manager · since 31 octobre 2017 · 0873.568.043

Represented by Pierre OLDENHOVE

Ended
VENTS D'HOUYET ACADEMIE

Manager · since 31 octobre 2017 · 0533.716.071

Represented by Pierre OLDENHOVE

Ended
VENTS D'HOUYET

Manager · since 01 juillet 2017 · until 31 octobre 2047 · 0479.378.156

Represented by Pierre OLDENHOVE

Ended
VENTS D'HOUYET ACADEMIE

Manager · since 23 décembre 2016 · until 01 juillet 2017 · 0533.716.071

Represented by Bernard DELVILLE

Ended
At this address

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BAJATEActive
0448.800.687
FERME LIGOTActive
0457.842.968
IttairActive
0803.151.288
1001.149.272
o MANNE CELESTEActive
0829.801.346
OPTIVENTSActive
0537.797.001
OURTH'EOLEActive
0542.990.261
TERRE-EAU-VENTActive
0543.431.315
VDH DEVActive
0725.771.519
0738.742.793
VENTS D'HOUYETActive
0479.378.156
0533.716.071
WIND FARMActive
0542.987.489
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202627/08/202519/07/202428/08/202304/08/202223/07/2021
General meeting25/06/202631/07/202514/06/202407/08/202303/08/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/06/202629/06/2026FrenchPDF
Micro model31/12/202431/07/202527/08/2025FrenchPDF
Micro model31/12/202314/06/202419/07/2024FrenchPDF
Micro model31/12/202207/08/202328/08/2023FrenchPDF
Micro model31/12/202103/08/202204/08/2022FrenchPDF
Micro model31/12/202022/06/202123/07/2021FrenchPDF
Micro model31/12/201922/06/202011/09/2020FrenchPDF
Micro model31/12/201818/07/201930/07/2019FrenchPDF
Micro model31/12/201718/07/201817/08/2018FrenchPDF
Micro model31/12/201627/06/201708/08/2017FrenchPDF
Abridged model31/12/201403/07/201527/08/2015FrenchPDF
Abridged model31/12/201321/11/201427/11/2014FrenchPDF
Abridged model31/12/201210/05/201318/12/2013FrenchPDF
Abridged model31/12/201128/11/201204/12/2012FrenchPDF
Abridged model31/12/201028/11/201210/12/2012FrenchPDF
Abridged model31/12/200905/02/201128/02/2011FrenchPDF
Abridged model31/12/200804/09/200925/09/2009FrenchPDF
Abridged model31/12/200718/07/200829/08/2008FrenchPDF
Abridged model31/12/200611/05/200727/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

o MANNE CELESTE

Director · 0829.801.346

Represented by Eddy Deffosez

Active
VDH DEV

Managing director · 0725.771.519

Represented by Pierre Oldenhove

Active
VENTS D'HOUYET

Director · 0479.378.156

Represented by Bernard Delville

Active

Ended mandates

TERRE ACADEMIE

Manager · since 31 octobre 2017 · 0873.568.043

Represented by Pierre OLDENHOVE

Ended
VENTS D'HOUYET ACADEMIE

Manager · since 31 octobre 2017 · 0533.716.071

Represented by Pierre OLDENHOVE

Ended
VENTS D'HOUYET

Manager · since 01 juillet 2017 · until 31 octobre 2047 · 0479.378.156

Represented by Pierre OLDENHOVE

Ended
VENTS D'HOUYET ACADEMIE

Manager · since 23 décembre 2016 · until 01 juillet 2017 · 0533.716.071

Represented by Bernard DELVILLE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/08/2021
    DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates06/12/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares17/07/2017
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates03/03/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/08/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/08/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/10/2013
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-115,7 k €
  2. 2024
    Annual accounts 2024-104,8 k €
  3. 2023
    Annual accounts 2023-111,5 k €
  4. 2022
    Annual accounts 2022-8,6 k €
  5. 2022
    Name changeNOVOGARE
  6. 2021
    Annual accounts 2021-71,8 k €
  7. 2021
    Name changeNOVAGARE
  8. 2020
    Annual accounts 2020-25 k €
  9. 2019
    Annual accounts 2019-40 k €
  10. 2018
    Annual accounts 2018-58,7 k €
  11. 2017
    Annual accounts 2017-28,9 k €
  12. 2016
    Annual accounts 2016-27,9 k €
  13. 2014
    Annual accounts 201417,8 k €
  14. 2013
    Annual accounts 201338,5 k €
  15. 2012
    Annual accounts 2012-20,9 k €
  16. 2011
    Annual accounts 2011-31,4 k €
  17. 2010
    Annual accounts 2010-1,6 k €
  18. 2009
    Annual accounts 2009-46,5 k €
  19. 2008
    Annual accounts 20081,9 k €
  20. 2007
    Annual accounts 200734,7 k €
  21. 2006
    Annual accounts 2006-49,8 k €
  22. 02/06/1997
    IncorporationPrivate limited company