ACTIVE

Novation

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Financial year 2025 · closed on 31/12/2025
Net result
76,6 k €
+2946.6% YoY
Gross margin
608 k €
+6.7% YoY
Equity
177,9 k €
+10.3% YoY
Workforce
7,9 ETP
-16.8% YoY

What does Novation do?

Novation is a Public limited company incorporated in 2008. Its main activity is: Computer programming activities. Its registered office is in Houthalen-Helchteren. It employs on average 7,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0808.730.372
Incorporation
21/12/2008
Legal form
Public limited company
Registered office
Centrum-Zuid 1527 box F
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
68 600,00 €
Latest accounts
31/12/2025
Average workforce
7,9 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities63120Web portals63910News agency activities63100Data processing, hosting and related activities; web portals63110Data processing, hosting and related activities
Joint committees (4)
  • 100
  • 200
  • 2000
  • 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 11 financial years

20252024202320222021201820172016201520142013
Income statement
Gross margin608 k €570,1 k €596,3 k €467,8 k €362,2 k €238,8 k €190,4 k €195,5 k €138 k €70,4 k €71,5 k €
EBITDA154,2 k €78 k €153,9 k €17,6 k €85 k €17,5 k €14,4 k €63,7 k €47,7 k €21,8 k €35,7 k €
Operating result91,2 k €15,3 k €79,2 k €-31,2 k €43,1 k €10,7 k €5,3 k €54,6 k €39,2 k €13,7 k €26,6 k €
Net result76,6 k €2,5 k €59,6 k €59,2 €28,3 k €577,2 €445,7 €45,9 k €7,2 k €7,5 k €15 k €
Balance sheet
Equity177,9 k €161,3 k €158,7 k €131,1 k €131 k €164 k €163,4 k €162,9 k €157 k €99,8 k €92,3 k €
Total assets469,8 k €496 k €508,2 k €484,9 k €426,1 k €320,6 k €349,2 k €385,7 k €313,8 k €198,1 k €202,1 k €
Cash172,7 k €135,5 k €121 k €86,4 k €106,7 k €131,5 k €163,5 k €174,4 k €146,1 k €52 k €70,9 k €
Debts290,9 k €321,2 k €321,2 k €348,1 k €250,6 k €115,2 k €140,5 k €182,8 k €136,4 k €95,8 k €108,4 k €
Other
Workforce7,9 ETP9,5 ETP8,7 ETP9,8 ETP6,7 ETP–––2,9 ETP1,6 ETP1,1 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 · 4 active · 29 ended

Active mandates

INFORMATION TECHNOLOGY SOLUTIONS

Director · since 20 décembre 2023 · 0463.829.848

Represented by Mark Lens

Active
Leafs 2.0

Director · since 20 décembre 2023 · 0689.675.047

Represented by Robin Vanbriel

Active
NiLo

Director · since 20 décembre 2023 · 0689.675.839

Represented by Nicky KERFS

Active
No-ten

Director · since 20 décembre 2023 · 0689.678.710

Represented by Kenny NOTEN

Active

Ended mandates

INFORMATION TECHNOLOGY SOLUTIONS

Director · since 20 juin 2022 · until 20 juin 2028 · 0463.829.848

Represented by Mark LENS

Ended
Leafs 2.0

Director · since 08 janvier 2018 · until 08 janvier 2024 · 0689.675.047

Represented by Robin Vanbriel

Ended
Leafs 2.0

Director · since 08 janvier 2018 · until 07 juin 2024 · 0689.675.047

Represented by Robin VANBRIEL

Ended
Leafs 2.0

Director · since 08 janvier 2018 · until 08 janvier 2024 · 0689.675.047

Represented by Robin Vanbriel

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date24/06/202626/06/202523/07/202417/08/202331/07/202227/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202225/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202624/06/2026DutchPDF
Abridged model31/12/202406/06/202526/06/2025DutchPDF
Abridged model31/12/202307/06/202423/07/2024DutchPDF
Abridged model31/12/202202/06/202317/08/2023DutchPDF
Abridged model31/12/202103/06/202231/07/2022DutchPDF
Micro model31/12/202025/06/202127/07/2021DutchPDF
Micro model31/12/201905/06/202017/06/2020DutchPDF
Micro model31/12/201807/06/201917/06/2019DutchPDF
Micro model31/12/201730/06/201830/07/2018DutchPDF
Micro model31/12/201627/09/201727/09/2017DutchPDF
Abridged model31/12/201529/07/201631/08/2016DutchPDF
Abridged model31/12/201405/06/201531/08/2015DutchPDF
Abridged model31/12/201306/06/201422/08/2014DutchPDF
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 · 4 active · 29 ended

Active mandates

INFORMATION TECHNOLOGY SOLUTIONS

Director · since 20 décembre 2023 · 0463.829.848

Represented by Mark Lens

Active
Leafs 2.0

Director · since 20 décembre 2023 · 0689.675.047

Represented by Robin Vanbriel

Active
NiLo

Director · since 20 décembre 2023 · 0689.675.839

Represented by Nicky KERFS

Active
No-ten

Director · since 20 décembre 2023 · 0689.678.710

Represented by Kenny NOTEN

Active

Ended mandates

INFORMATION TECHNOLOGY SOLUTIONS

Director · since 20 juin 2022 · until 20 juin 2028 · 0463.829.848

Represented by Mark LENS

Ended
Leafs 2.0

Director · since 08 janvier 2018 · until 08 janvier 2024 · 0689.675.047

Represented by Robin Vanbriel

Ended
Leafs 2.0

Director · since 08 janvier 2018 · until 07 juin 2024 · 0689.675.047

Represented by Robin VANBRIEL

Ended
Leafs 2.0

Director · since 08 janvier 2018 · until 08 janvier 2024 · 0689.675.047

Represented by Robin Vanbriel

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2015
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office03/06/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office25/10/2013
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM
    PDF
  • Other08/01/2009
    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 202576,6 k €↑
  2. 2024
    Annual accounts 20242,5 k €↓
  3. 2023
    Annual accounts 202359,6 k €↑
  4. 2022
    Annual accounts 202259,2 €↓
  5. 2021
    Annual accounts 202128,3 k €↑
  6. 2018
    Annual accounts 2018577,2 €↑
  7. 2017
    Annual accounts 2017445,7 €↓
  8. 2016
    Annual accounts 201645,9 k €↑
  9. 2015
    Annual accounts 20157,2 k €↓
  10. 2014
    Annual accounts 20147,5 k €↓
  11. 2013
    Annual accounts 201315 k €
  12. 21/12/2008
    IncorporationPublic limited company