ACTIVE

NOVAX

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Financial year 2025 · closed on 31/12/2025

Net result

50,5 k €

+33.5% YoY

Gross margin

124,7 k €

+15.5% YoY

Equity

379,7 k €

+15.3% YoY

What does NOVAX do?

NOVAX is a Public limited company incorporated in 2005. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.863.507

Incorporation

31/03/2005

Legal form

Public limited company

Registered office

Vieille rue du Moulin 356
1180 Uccle · BruxellesSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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	124,7 k €	+15.5%	107,9 k €	-12.7%	123,6 k €	+25.7%	98,3 k €	+2.2%	96,3 k €	-6.0%	102,4 k €	+9.2%	93,8 k €	-4.6%	98,4 k €	+1.0%	97,4 k €	+12.7%	86,4 k €	-6.2%	92,2 k €	+7.0%	86,1 k €	+5.9%	81,4 k €	-39.2%	133,8 k €	+77.6%	75,3 k €	+13.0%	66,6 k €	+36.8%	48,7 k €	+58.5%	30,7 k €	-56.9%	71,3 k €	-74.2%	276,9 k €
EBITDA	114,8 k €	+16.7%	98,3 k €	-14.0%	114,4 k €	+27.2%	89,9 k €	+2.1%	88,1 k €	-6.5%	94,2 k €	+9.9%	85,8 k €	-5.2%	90,5 k €	+0.9%	89,7 k €	+13.7%	78,8 k €	-7.6%	85,3 k €	+0.1%	85,2 k €	+5.9%	80,4 k €	-17.0%	96,8 k €	+1008%	8,7 k €	+163%	3,3 k €	+137%	-9,1 k €	-130%	30,2 k €	-54.2%	66 k €	-31.8%	96,7 k €
Operating result	78,6 k €	+26.5%	62,2 k €	-20.7%	78,5 k €	+45.2%	54 k €	+4.0%	52 k €	-10.6%	58,1 k €	+17.0%	49,7 k €	-8.7%	54,4 k €	+0.2%	54,3 k €	+24.8%	43,5 k €	-12.9%	49,9 k €	+0.2%	49,8 k €	+11.0%	44,9 k €	-26.8%	61,3 k €	+221%	-50,9 k €	-25664%	199 €	+102%	-9,1 k €	-130%	30,2 k €	-54.2%	66 k €	+468%	11,6 k €
Net result	50,5 k €	+33.5%	37,8 k €	-12.9%	43,4 k €	+45.3%	29,9 k €	-15.5%	35,4 k €	-10.6%	39,6 k €	+37.1%	28,8 k €	-7.3%	31,1 k €	+8.8%	28,6 k €	+82.8%	15,6 k €	-21.9%	20 k €	+11.7%	17,9 k €	+72.3%	10,4 k €	-59.1%	25,4 k €	+146%	-54,7 k €	-4291%	-1,2 k €	+86.5%	-9,2 k €	-131%	29,7 k €	-53.7%	64,2 k €	+123%	-281,6 k €
Balance sheet
Equity	379,7 k €	+15.3%	329,2 k €	+1.8%	323,4 k €	+15.5%	279,9 k €	+12.0%	250 k €	+16.5%	214,7 k €	+22.6%	175,1 k €	+19.7%	146,3 k €	+27.0%	115,2 k €	+33.0%	86,6 k €	+22.0%	70,9 k €	+39.3%	50,9 k €	+54.3%	33 k €	+46.0%	22,6 k €	+897%	-2,8 k €	+94.1%	-48,1 k €	-2.7%	-46,9 k €	-24.5%	-37,6 k €	+44.1%	-67,4 k €	+48.8%	-131,6 k €
Total assets	740,6 k €	-3.9%	770,8 k €	-5.7%	817,3 k €	-5.1%	860,8 k €	-2.8%	885,8 k €	-3.9%	921,6 k €	-1.4%	934,9 k €	-3.4%	967,7 k €	-2.5%	992,3 k €	-3.9%	1 M €	-2.5%	1,1 M €	-2.8%	1,1 M €	-2.6%	1,1 M €	-5.2%	1,2 M €	-2.5%	1,2 M €	+5555%	21,4 k €	+118%	9,8 k €	+2.6%	9,6 k €	-71.1%	33,1 k €	-59.1%	81 k €
Cash	4,1 k €	+62.3%	2,5 k €	-94.7%	48,2 k €	-17.8%	58,6 k €	+27.7%	45,9 k €	+29.9%	35,4 k €	+94.1%	18,2 k €	-11.4%	20,6 k €	+168%	7,7 k €	-51.8%	15,9 k €	+32.0%	12 k €	+48.4%	8,1 k €	+163%	3,1 k €	-88.9%	27,9 k €	+214%	8,9 k €	+54.9%	5,7 k €	+1650%	327 €	-93.7%	5,2 k €	-81.7%	28,5 k €	-63.5%	78,2 k €
Debts	356,5 k €	-19.0%	439,9 k €	-10.9%	493,9 k €	-15.0%	580,8 k €	-8.5%	634,5 k €	-10.2%	706,3 k €	-7.0%	759,8 k €	-7.5%	821,4 k €	-6.4%	877,2 k €	-7.3%	946,3 k €	-4.3%	988,5 k €	-4.9%	1 M €	-4.4%	1,1 M €	-6.2%	1,2 M €	-4.6%	1,2 M €	+1666%	68,7 k €	+29.7%	53 k €	+12.2%	47,2 k €	-53.0%	100,4 k €	-52.8%	212,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2017 · 2 active · 7 ended

Active mandates

David HAZAN

Managing director

Active

Tania Hazan

Managing director

Active

Ended mandates

David HAZAN

Managing director · since 14 mai 2010 · until 01 mai 2016

Ended

Freddy HAZAN

Director · since 14 mai 2010 · until 01 mai 2016

Ended

David Hazan

Managing director · since 18 mars 2005 · until 18 mars 2011

Ended

David HAZAN

Managing director · since 18 mars 2005 · until 14 mai 2010

Ended

At this address

Other companies at this address

Company	CBE no.
JONDA● Active	0751.581.140

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/06/2026	30/06/2025	16/06/2024	29/06/2023	22/07/2022	07/08/2021
General meeting	08/05/2026	09/05/2025	10/05/2024	12/05/2023	13/05/2022	14/05/2021
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
Micro model	31/12/2025	08/05/2026	30/06/2026	French	PDF
Micro model	31/12/2024	09/05/2025	30/06/2025	French	PDF
Micro model	31/12/2023	10/05/2024	16/06/2024	French	PDF
Micro model	31/12/2022	12/05/2023	29/06/2023	French	PDF
Micro model	31/12/2021	13/05/2022	22/07/2022	French	PDF
Micro model	31/12/2020	14/05/2021	07/08/2021	French	PDF
Micro model	31/12/2019	08/05/2020	19/08/2020	French	PDF
Micro model	31/12/2018	10/05/2019	02/08/2019	French	PDF
Micro model	31/12/2017	11/05/2018	28/08/2018	French	PDF
Micro model	31/12/2016	12/05/2017	25/08/2017	French	PDF
Abridged model	31/12/2015	13/05/2016	22/08/2016	French	PDF
Abridged model	31/12/2014	08/05/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	09/05/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	10/05/2013	30/06/2013	French	PDF
Abridged model	31/12/2011	11/05/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	13/05/2011	20/05/2011	French	PDF
Abridged model	31/12/2009	14/05/2010	22/07/2010	French	PDF
Abridged model	31/12/2008	08/05/2009	13/07/2009	French	PDF
Abridged model	31/12/2007	09/05/2008	19/08/2008	French	PDF
Abridged model	31/12/2006	11/05/2007	02/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2017 · 2 active · 7 ended

Active mandates

David HAZAN

Managing director

Active

Tania Hazan

Managing director

Active

Ended mandates

David HAZAN

Managing director · since 14 mai 2010 · until 01 mai 2016

Ended

Freddy HAZAN

Director · since 14 mai 2010 · until 01 mai 2016

Ended

David Hazan

Managing director · since 18 mars 2005 · until 18 mars 2011

Ended

David HAZAN

Managing director · since 18 mars 2005 · until 14 mai 2010

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/08/2026
Transfert du siège social
PDF
Mandates08/07/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office08/04/2019
SIEGE SOCIAL
PDF
Mandates29/09/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares12/12/2011
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates20/09/2010
DEMISSIONS, NOMINATIONS
PDF
Registered office26/04/2007
SIEGE SOCIAL
PDF
Mandates29/06/2006
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

2025
Annual accounts 202550,5 k €↑
2024
Annual accounts 202437,8 k €↓
2023
Annual accounts 202343,4 k €↑
2022
Annual accounts 202229,9 k €↓
2021
Annual accounts 202135,4 k €↓
2020
Annual accounts 202039,6 k €↑
2019
Annual accounts 201928,8 k €↓
2018
Annual accounts 201831,1 k €↑
2017
Annual accounts 201728,6 k €↑
2016
Annual accounts 201615,6 k €↓
2015
Annual accounts 201520 k €↑
2014
Annual accounts 201417,9 k €↑
2013
Annual accounts 201310,4 k €↓
2012
Annual accounts 201225,4 k €↑
2011
Annual accounts 2011-54,7 k €↓
2010
Annual accounts 2010-1,2 k €↑
2009
Annual accounts 2009-9,2 k €↓
2008
Annual accounts 200829,7 k €↓
2007
Annual accounts 200764,2 k €↑
2006
Annual accounts 2006-281,6 k €
31/03/2005
IncorporationPublic 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

NOVAX

Overview

What does NOVAX 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