ACTIVE

NOVEN

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Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
+1.3% YoY
Gross margin
1,3 M €
+19.0% YoY
Equity
4,8 M €
+58.9% YoY
Workforce
12,6 ETP
+5.9% YoY

What does NOVEN do?

NOVEN is a Public limited company incorporated in 2015. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent. It employs on average 12,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0607.985.112
Incorporation
25/03/2015
Legal form
Public limited company
Registered office
Coupure 64 box D
9000 Gent · FlandreSee on map
Contributed capital
1 068 716,81 €
Latest accounts
31/12/2025
Average workforce
12,6 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy96099Other personal service activities n.e.c.96999Other personal service activities
Joint committees (1)
  • 200
Contacts
2 public details availableLog in to view
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 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin1,3 M €1,1 M €881 k €495,2 k €302,1 k €77,8 k €-86,7 k €29,9 k €18,5 k €24,2 k €
EBITDA38,6 k €56,2 k €43,9 k €14,1 k €40,7 k €14,1 k €-87,3 k €29,7 k €17,8 k €23,4 k €
Operating result-140,8 k €-105,6 k €-45,8 k €-16 k €23,7 k €-6,1 k €-106,6 k €11 k €-909,8 €5,1 k €
Net result1,3 M €1,3 M €301 k €2,3 k €15,3 k €2,5 k €4,3 k €241,4 €6,2 k €10,6 k €
Balance sheet
Equity4,8 M €3 M €1,4 M €960,2 k €957,9 k €542,5 k €540 k €137,7 k €146 k €126,6 k €
Total assets5,8 M €4,7 M €2,8 M €1,7 M €2 M €1,6 M €679 k €208,5 k €211,8 k €199,3 k €
Cash402 k €172,2 k €117,5 k €477,6 k €595,1 k €572 k €259,6 k €99,1 k €100,6 k €65,6 k €
Debts872,9 k €1,6 M €1,3 M €575,4 k €1,1 M €1 M €138,2 k €62,1 k €65,8 k €72,7 k €
Other
Workforce12,6 ETP11,9 ETP9,3 ETP6,8 ETP3,8 ETP1,1 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

Jeroen Rabaey

Director · since 22 décembre 2023 · until 30 novembre 2029

Active
Menno Janssens

Director · since 22 décembre 2023 · until 30 novembre 2029

Active
Paul Thiers

Director · since 22 décembre 2023 · until 30 novembre 2029

Active
Peter Goderis

Director · since 22 décembre 2023 · until 30 novembre 2029

Active

Ended mandates

Jeroen Rabaey

Director · since 20 février 2019 · until 17 mai 2024

Ended
JEROEN RABAEY

Managing director · since 20 février 2019 · until 17 mai 2024

Ended
MENNO JANSSENS

Director · since 20 février 2019 · until 17 mai 2024

Ended
MENNO JANSSENS

Managing director · since 20 février 2019 · until 17 mai 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date03/06/202605/05/202525/06/202414/07/202322/08/202224/08/2021
General meeting15/05/202630/04/202517/05/202419/05/202330/05/202231/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/05/202603/06/2026DutchPDF
Abridged model31/12/202430/04/202505/05/2025DutchPDF
Abridged model31/12/202317/05/202425/06/2024DutchPDF
Abridged model31/12/202219/05/202314/07/2023DutchPDF
Abridged model31/12/202130/05/202222/08/2022DutchPDF
Abridged model31/12/202031/05/202124/08/2021DutchPDF
Abridged model31/12/201919/05/202020/08/2020DutchPDF
Abridged model31/12/201816/02/201930/09/2019DutchPDF
Abridged model31/12/201723/06/201830/08/2018DutchPDF
Abridged model31/12/201616/06/201709/08/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 active · 7 ended

Active mandates

Jeroen Rabaey

Director · since 22 décembre 2023 · until 30 novembre 2029

Active
Menno Janssens

Director · since 22 décembre 2023 · until 30 novembre 2029

Active
Paul Thiers

Director · since 22 décembre 2023 · until 30 novembre 2029

Active
Peter Goderis

Director · since 22 décembre 2023 · until 30 novembre 2029

Active

Ended mandates

Jeroen Rabaey

Director · since 20 février 2019 · until 17 mai 2024

Ended
JEROEN RABAEY

Managing director · since 20 février 2019 · until 17 mai 2024

Ended
MENNO JANSSENS

Director · since 20 février 2019 · until 17 mai 2024

Ended
MENNO JANSSENS

Managing director · since 20 février 2019 · until 17 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/07/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/06/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares06/01/2022
    KAPITAAL - AANDELEN
    PDF
  • Registered office02/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares13/03/2019
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office24/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other27/03/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,3 M €↑
  2. 2024
    Annual accounts 20241,3 M €↑
  3. 2023
    Annual accounts 2023301 k €↑
  4. 2022
    Annual accounts 20222,3 k €↓
  5. 2021
    Annual accounts 202115,3 k €↑
  6. 2020
    Annual accounts 20202,5 k €↓
  7. 2019
    Annual accounts 20194,3 k €↑
  8. 2018
    Annual accounts 2018241,4 €↓
  9. 2017
    Annual accounts 20176,2 k €↓
  10. 2016
    Annual accounts 201610,6 k €
  11. 25/03/2015
    IncorporationPublic limited company