Novar
ActiveSummary
Novar has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €203,538. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 65% of 2,073 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 17-03-1988 Normal situation
- Activity
- Pig breeding farms NACE 01461
- Establishment unit
- 2.036.991.090 2370 Arendonk, since 07-04-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 24-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €566,006
- ▼ 24.1%
- Turnover
- ≈ €1.4m
- estimated
- Profit
- €203,538
- ▼ 35.7%
- Equity
- €1.3m
- ▲ 18.5%
- Total assets
- €2.4m
- ▼ 2.3%
Score breakdownraises riskLiquidity: current ratio 3.00, cash €25,325, halvedlowers riskSize: total assets €2.4mFounded in 1988Figures for financial year 2025 (filed on 23-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, small). It does better than 66% of them on solvency, 50% on liquidity, 75% on profitability and 69% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Company renamed from FOK-EN MESTERIJ HENK to NovarResignations: VAN DEN BORNE, Hendrikus Theodorus Marcelis (statutory director) and JANSSEN, Gerarda (director) · Appointment: NOYENS, Bob (director)
- · Gazette deed Changes of role: vAN dEN BORNE Hendrikus Theodorus Marcelis (statutory director) and JANSSEN Gerarda Adriana Maria (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Novar: pig breeding farms (NACE 01461). They are comparable in size and age: total assets between €1.2m and €3m, founded between 1986 and 1996.
| Company | Total assets | Gross margin |
|---|---|---|
| Novar Arendonk | €2.4m | €0.6m |
| DE SCHANSHOEVE Balen | €1.6m | €0.5m |
| GEVA Balen | €1.9m | €0.3m |
| TIKAL Pittem | €2.8m | €0.4m |
| KNOKVAR Ledegem | €1.5m | €0.4m |
| VARONK Staden | €3.0m | €0.3m |
| HYBRIMO Moorslede | €1.2m | €0.3m |
Key facts about Novar
- What is the company number of Novar?
- The company number of Novar is 0433.750.544. The VAT number is the same number with BE in front: BE 0433.750.544.
- Where is Novar based?
- The registered office is at Houwendijk 9, 2370 Arendonk.Company details
- What does Novar do?
- According to the KBO register, the main activity is pig breeding farms (NACE 01461).
- What is the legal form of Novar?
- The legal form of Novar is Private limited company (BV).
- When was Novar founded?
- Novar was founded on 17-03-1988.
- Is Novar still active?
- Yes, Novar is an active enterprise in the KBO register.
- What is the turnover of Novar?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €566,006 and 30 comparable companies (NACE 01). It probably lies between €1.0m and €1.8m.Financials
- Is Novar profitable?
- In financial year 2025, Novar made a profit of €203,538.
- Where can I find the annual accounts of Novar?
- Novar filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Novar due?
- Novar must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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