ACTIVE

NOVOTEC

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Financial year 2025 · closed on 31/12/2025

Net result

62,5 k €

-28.0% YoY

Gross margin

1,2 M €

+8.5% YoY

Equity

1 M €

-4.4% YoY

Workforce

13,3 ETP

+9.9% YoY

What does NOVOTEC do?

NOVOTEC is a Private limited company incorporated in 2001. Its registered office is in Merelbeke-Melle. It employs on average 13,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.737.992

Incorporation

04/05/2001

Legal form

Private limited company

Registered office

Ambachtsweg 9
9820 Merelbeke-Melle · FlandreSee on map

Contributed capital

96 300,00 €

Latest accounts

31/12/2025

Average workforce

13,3 ETP

Joint committees (6)

111
11101
209
2090
20900
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	+8.5%	1,1 M €	+16.4%	928,7 k €	+6.3%	873,8 k €	+44.7%	604 k €	-2.7%	620,6 k €	+32.3%	469 k €	+26.5%	370,8 k €	+45.5%	254,9 k €	-2.7%	261,9 k €	+11.8%	234,4 k €	+8.9%	215,2 k €	+20.3%	178,8 k €	-14.3%	208,7 k €	+1.7%	205,2 k €	+37.7%	149 k €	+20.8%	123,4 k €	+16.8%	105,6 k €	-3.5%	109,4 k €	-17.8%	133,1 k €
EBITDA	250,1 k €	-2.5%	256,4 k €	-7.9%	278,4 k €	+18.5%	234,9 k €	+15.4%	203,4 k €	-13.7%	235,8 k €	+21.9%	193,3 k €	+34.9%	143,3 k €	+47.3%	97,3 k €	+38.2%	70,4 k €	+262%	19,5 k €	-16.7%	23,3 k €	+376%	-8,5 k €	-121%	39,9 k €	-39.4%	65,8 k €	+342%	14,9 k €	-59.1%	36,5 k €	+73.1%	21,1 k €	-58.5%	50,7 k €	-47.9%	97,4 k €
Operating result	130,6 k €	-14.2%	152,3 k €	-19.2%	188,4 k €	+25.4%	150,3 k €	+15.2%	130,5 k €	-12.0%	148,4 k €	+16.7%	127,1 k €	+94.6%	65,3 k €	+107%	31,6 k €	-55.0%	70,2 k €	+56.5%	44,8 k €	+297%	11,3 k €	+158%	-19,4 k €	-167%	28,8 k €	+269%	7,8 k €	+1717%	-482,4 €	-103%	18,8 k €	+250%	5,4 k €	-84.7%	35,2 k €	-58.2%	84,2 k €
Net result	62,5 k €	-28.0%	86,8 k €	-21.1%	110,1 k €	+20.0%	91,7 k €	+20.2%	76,3 k €	-15.9%	90,7 k €	+3.7%	87,5 k €	+149%	35,2 k €	+1091%	3 k €	-91.4%	34,3 k €	+16.5%	29,4 k €	+829%	3,2 k €	+110%	-33 k €	-283%	18 k €	+1338%	1,3 k €	+128%	-4,4 k €	-129%	15,3 k €	+377%	3,2 k €	-89.9%	31,7 k €	-62.8%	85,4 k €
Balance sheet
Equity	1 M €	-4.4%	1,1 M €	+51.1%	720,3 k €	+18.0%	610,2 k €	+17.7%	518,5 k €	+17.3%	442,2 k €	+25.8%	351,5 k €	+14.2%	307,7 k €	+12.9%	272,5 k €	+1.1%	269,5 k €	+14.6%	235,2 k €	+14.3%	205,8 k €	+1.6%	202,6 k €	-14.0%	235,6 k €	+8.3%	217,6 k €	+0.6%	216,3 k €	-2.0%	220,8 k €	+7.5%	205,4 k €	+1.6%	202,2 k €	+18.6%	170,5 k €
Total assets	2,3 M €	-14.0%	2,7 M €	+22.6%	2,2 M €	+39.0%	1,6 M €	+22.4%	1,3 M €	+21.6%	1,1 M €	-14.0%	1,2 M €	+17.7%	1,1 M €	-33.4%	1,6 M €	+49.8%	1,1 M €	+50.4%	700,7 k €	+25.1%	560,2 k €	-11.3%	631,4 k €	+10.0%	573,9 k €	-6.0%	610,3 k €	+50.9%	404,4 k €	+7.5%	376,2 k €	+8.1%	348,1 k €	-19.7%	433,6 k €	+17.1%	370,3 k €
Cash	182,1 k €	+23.7%	147,1 k €	-53.5%	316,7 k €	+78.9%	177,1 k €	+8837%	2 k €	-87.9%	16,3 k €	-27.6%	22,5 k €	+258%	6,3 k €		–		13,6 k €	+834%	1,5 k €		–		–		10,7 k €	-88.3%	90,9 k €	+576%	13,5 k €	+446%	2,5 k €	+24769%	9,9 €		–		61,9 k €
Debts	1,2 M €	-22.3%	1,5 M €	+16.6%	1,3 M €	+34.2%	971,5 k €	+25.3%	775,1 k €	+26.0%	615,2 k €	-30.0%	879,2 k €	+19.7%	734,7 k €	-43.4%	1,3 M €	+67.2%	775,5 k €	+91.1%	405,8 k €	+16.7%	347,7 k €	-17.6%	422 k €	+24.8%	338,3 k €	-13.9%	392,8 k €	+109%	188,1 k €	+21.0%	155,5 k €	+9.0%	142,6 k €	-38.4%	231,4 k €	+135%	98,4 k €
Other
Workforce	13,3 ETP	+9.9%	12,1 ETP	+18.6%	10,2 ETP	+15.9%	8,8 ETP	+15.8%	7,6 ETP	+18.7%	6,4 ETP	+42.2%	4,5 ETP	+25.0%	3,6 ETP	+20.0%	3,0 ETP	0.0%	3,0 ETP	-16.7%	3,6 ETP	-10.0%	4,0 ETP	0.0%	4,0 ETP	+8.1%	3,7 ETP	+23.3%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP	0.0%	2,0 ETP	+25.0%	1,6 ETP	+60.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 23 ended

Active mandates

Aquanovo Management

Director · since 01 février 2026 · 1031.927.669

Represented by Glenn Lowie

Active

Ended mandates

Edouard Vancanneyt

Director · since 24 novembre 2022

Ended

Glenn Lowie

Director · since 24 novembre 2022

Ended

Edouard Vancanneyt

Director · since 10 juin 2021 · until 10 juin 2027

Ended

Edouard Vancanneyt

Director · since 10 juin 2021

Ended

At this address

Other companies at this address

Company	CBE no.
Aquanovo Management● Active	1031.927.669
Logo Engineering● Active	0674.845.331

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	17/07/2025	30/07/2024	03/07/2023	14/06/2022	22/06/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	29/06/2023	27/05/2022	10/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	29/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	14/06/2022	Dutch	PDF
Abridged model	31/12/2020	10/06/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	11/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	12/06/2019	Dutch	PDF
Abridged model	31/12/2017	31/08/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	12/06/2014	14/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	08/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	02/07/2009	14/07/2009	Dutch	PDF
Abridged model	31/12/2007	12/06/2008	10/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/06/2007	19/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 1 active · 23 ended

Active mandates

Aquanovo Management

Director · since 01 février 2026 · 1031.927.669

Represented by Glenn Lowie

Active

Ended mandates

Edouard Vancanneyt

Director · since 24 novembre 2022

Ended

Glenn Lowie

Director · since 24 novembre 2022

Ended

Edouard Vancanneyt

Director · since 10 juin 2021 · until 10 juin 2027

Ended

Edouard Vancanneyt

Director · since 10 juin 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/11/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/09/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/07/2015
BENOEMINGEN :
PDF
Mandates07/11/2014
ONTSLAG/BENOEMING
PDF
Mandates24/03/2010
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 202562,5 k €↓
2024
Annual accounts 202486,8 k €↓
2023
Annual accounts 2023110,1 k €↑
2022
Annual accounts 202291,7 k €↑
2021
Annual accounts 202176,3 k €↓
2020
Annual accounts 202090,7 k €↑
2019
Annual accounts 201987,5 k €↑
2018
Annual accounts 201835,2 k €↑
2017
Annual accounts 20173 k €↓
2016
Annual accounts 201634,3 k €↑
2015
Annual accounts 201529,4 k €↑
2014
Annual accounts 20143,2 k €↑
2013
Annual accounts 2013-33 k €↓
2012
Annual accounts 201218 k €↑
2011
Annual accounts 20111,3 k €↑
2010
Annual accounts 2010-4,4 k €↓
2009
Annual accounts 200915,3 k €↑
2008
Annual accounts 20083,2 k €↓
2007
Annual accounts 200731,7 k €↓
2006
Annual accounts 200685,4 k €
04/05/2001
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NOVOTEC

Overview

What does NOVOTEC do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline