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Complete company report
Generated 03-08-2026
Active BE 0772.594.805Public limited company

NOVAPACK

Cortenbachplein 6 ·2800 Mechelen, Belgium· 4 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of NOVAPACK is 1.5% (moderate). The 2024 annual accounts show equity of €49.73M and a net result of €9.43M. Equity is growing by ~71% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €49.73M
Net result €9.43M
Active 4 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health85Profitability95Solvency100Growth78Stability94
90 / 100

Exceptional profile, strong across almost every axis.

Health 85
Profitability 95
Solvency 100
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.5% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
85 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 14-07-2025 with the NBB · fiscal year 2024 · volledig
The figures below are the statutory (non-consolidated) annual accounts. This company also files consolidated accounts; the group figures can differ substantially.
€-10.00M€0€10.00M€20.00M€30.00M€40.00MOperating result 2021: €7k€7kNet result 2021: €1.13M€1.13MOperating result 2022: €-20k€-20kNet result 2022: €-21k€-21kOperating result 2023: €-92k€-92kNet result 2023: €35.07M€35.07MOperating result 2024: €-34k€-34kNet result 2024: €9.43M€9.43M2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~71%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€50.00M€100.00M2025: €67.93M (€61.86M - €73.99M)2026: €84.10M (€74.40M - €93.81M)2027: €100.28M (€86.93M - €113.62M)2021: €5.25M2022: €5.23M2023: €40.30M2024: €49.73M2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€9.43M
-73.1% 21-24
Total assets
€49.74M
+4.0% 21-24
Equity
€49.73M
+23.4% 21-24
Working capital
€19.50M
+89.6% 21-24
Income taxes
€80k
- 21-24
Debt
€7k
-99.9% 21-24
Debt ≤ 1y
€7k
-99.9% 21-24
Current ratio
2836.83
+117811.8% 21-24
Quick ratio
2836.83
+117811.8% 21-24
Solvency
100.0%
+18.7% 21-24
Debt / equity
0.00
-99.9% 21-24
ROE
19.0%
-78.2% 21-24
ROA
19.0%
-74.1% 21-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA-
Net profit€9.43M
Cash flow-
Staff costs-
Income taxes€80k
Dividends-
Total assets€49.74M
Equity€49.73M
Debt€7k
of which ≤ 1y€7k
of which > 1y-
Working capital€19.50M
Employees (FTE)-
Ratios (computed)
2024
Current ratio2836.83
Quick ratio2836.83
Working capital ratio39.2%
Solvency100.0%
Debt / equity0.00
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA19.0%
ROE19.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€49.74M
Fixed assets 21/28€30.23M
Financial fixed assets 28€30.23M
Current assets 29/58€19.50M
Stocks & contracts in progress 3€0
Amounts receivable within one year 40/41€209k
Investments 50/53€18.80M
Cash & bank 54/58€385k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€49.74M
Equity 10/15€49.73M
Contributions / capital 10/11€3.23M
Reserves 13€46.50M
Amounts payable 17/49€7k
Amounts payable within one year 42/48€7k
Trade debts payable within one year 44€7k
Income statement
Operating result 9901€-34k
Financial income 75€9.72M
Financial charges 65€176k
Result before taxes 9903€9.51M
Income taxes 67/77€80k
Net result for the period 9904€9.43M
Result to be appropriated 9905€9.43M
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation17-08-2021
StatusActive
Postal code2800
Establishment units 1 location
NOVAPACK
Noorderstraat 1, 1500 HalleHoldings
since 20212.326.079.004
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23027E0111/00Y000 Flanders 6,246 m² 1 · 773 m² 15.5 m · 2 fl.
12025D1038/00V000 Flanders 1,876 m² 1 · 461 m² 16.1 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
29-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · consolidatie
14-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
14-07-2025
State Gazette act Director changes
2024
28-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · consolidatie
15-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
08-12-2023
State Gazette act Director changes
29-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · consolidatie
28-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
10-03-2023
State Gazette act Director changes
2022
14-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 1 year ago
2025
14-07-2025 3 directors appointed Director changes
  • Geert VAN RYCKEGHEM, Commissaris
  • Geert VAN RYCKEGHEM, Vaste vertegenwoordiger
  • Jo VANDEPUTTE, Vaste vertegenwoordiger
Technical details 
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        "kbo": "0420.048.305",
        "name": "A. SCHETS \u0026 PARTNERS BELASTINGCONSULENTEN - ACCOUNTANTS",
        "address": "Drie Fonteinenstraat 36, 1600 Sint-Pieters-Leeuw",
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        "legal_form": "NAAMLOZE VENNOOTSCHAP"
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  "notary": {
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  "act_meta": {
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    "pub_date": null,
    "filing_date": "2025-07-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
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      "date": "2025-06-30",
      "unanimous": true
    }
  ],
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  "subject_company": {
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    "org_name": null,
    "person_name": "Alain Chrispeels",
    "org_rep_person_name": null,
    "person_role_at_subject": "Gevolmachtigde"
  },
  "co_filed_documents": [
    "25088329"
  ],
  "corrected_publication_numac": null
}
2023
08-12-2023 3 directors appointed Director changes
  • Lucie Pissens, Bestuurder
  • Alain Chrispeels, Vaste vertegenwoordiger
  • Sven Malderie, Vaste vertegenwoordiger
Technical details 
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10-03-2023 4 directors appointed Director changes
  • MOORE AUDIT, Commissaris
  • A. SCHETS & PARTNERS - BELASTINGCONSULENTEN - ACCOUNTANTS, Naamloze vennootschap
  • Alain Chrispeels, Heer
  • Sven Malderie, Heer
Technical details 
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        "legal_form": "NAAMLOZE VENNOOTSCHAP"
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      "evidence_quote": "Een bijzondere volmacht wordt verleend aan de naamloze vennootschap A. SCHETS \u0026 PARTNERS - BELASTINGCONSULENTEN - ACCOUNTANTS, waarvan de zetel is gevestigd te 1651 Lot-Beersel, Bergensesteenweg 163, ingeschreven in het Rechtspersonenregister te Brussel onder het! ondernemingsnummer 0420.048.305, ve",
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        "name": "Sven Malderie",
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      },
      "statutory": null,
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      "decharge_status": null,
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  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-03-02",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2023-01-26",
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  "subject_company": {
    "kbo": "0772.594.805",
    "name_full": "NOVAPACK",
    "legal_form": "NAAMLOZE VENNOOTSCHAP"
  },
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    "person_role_at_subject": "Gevolmachtigde"
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL NOVAPACK
Registered office
Cortenbachplein 6 bus 2.01
2800 Mechelen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative