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NovelYeast

Active
Private limited companyfounded 2019active for 7 yearsBanhagestraat 40, 3052 Oud-Heverlee, BelgiumKBO/BCE: BE 0732.508.366
Summary

NovelYeast has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €330,024 and a net result of €335,768. Equity has been growing by about 48% per year since 2020. Its solvency ranks better than 30% of 617 sector peers (NACE 72, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-08-2019 Normal situation
Activity
Other research and development on natural sciences NACE 72109and 1 other
Joint committee
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2025
Establishment units
2.293.329.824 3052 Oud-Heverlee, since 16-09-2019
2.315.817.491 3001 Leuven, since 01-01-2021
Financial year end
31 December
Peppol
Reachable since 27-10-2025

Board and ownership

Board
  • Thevelein JohanDirector

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€1.4m
▲ 80.3%
Turnover
≈ €2.5m
estimated
Profit
€335,768
▲ 674%
Equity
€330,024
▲ 863%
Total assets
€968,333
▲ 167%
Employees on 31-12-2025
14
▲ 55.6%
Score breakdownraises riskFounded in 2019lowers riskSize: total assets €968,333Sector: Scientific research and development (NACE 72)Figures for financial year 2025 (filed on 05-07-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of micro companies in research and development (NACE 72)
Financial strength · tick: 2024
Strong
Solvency 59+25
equity 34.1% of total assets
Liquidity 52+6
short-term debt 33.2% · cash 12.9%
Profitability 100+16
return on assets 34.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (935 companies, NACE 72, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.4%▼ -0.1 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52 (1.2 in 2024), above the usual 1.5. Short-term debt is 33.2% and cash 12.9% of total assets. However, 65.9% of the assets are financed with debt and provisions.
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 72, micro). It does better than 35% of them on solvency, 35% on liquidity, 90% on profitability and 99% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €968,333
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Scientific research and development (NACE 72)
KBO
lowers risk · Figures for financial year 2025 (filed on 05-07-2026)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-07-2026, 26 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
26 days early
2024
22 days late
2023
5 days early
2022
32 days late
2021
16 days early
2020
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 1 day after the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €43,376 to €335,768 ▲ 674% View
  • Positive: Higher net result than 95% of companies in research and developmentsector median €27,193 · 617 companies €335,768 View
  • Flemish supportawarded from 2022 to 2025 €2.0m View
  • Positive: 5 profitable years in a rowprofit 2025: €335,768 5 years View

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as NovelYeast: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €811,000 and €1.2m, founded between 2017 and 2020.

CompanyTotal assetsGross margin
NovelYeast Oud-Heverlee€1.0m€1.4m
INFRANEO Watermaal-Bosvoorde€1.1m€1.0m
BRAI3N Gent€1.0m€1.0m
Bucci Industries Benelux Jemeppe-sur-Sambre€1.1m€1.0m
Indar Beerse€1.2m€0.7m
SILLAR CLINICAL Sint-Martens-Latem€0.8m€0.6m
DGBO Oud-Turnhout€0.9m€0.5m
Full comparison

Key facts about NovelYeast

What is the company number of NovelYeast?
The company number of NovelYeast is 0732.508.366. The VAT number is the same number with BE in front: BE 0732.508.366.
Where is NovelYeast based?
The registered office is at Banhagestraat 40, 3052 Oud-Heverlee.Company details
What does NovelYeast do?
According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
What is the legal form of NovelYeast?
The legal form of NovelYeast is Private limited company (BV).
When was NovelYeast founded?
NovelYeast was founded on 11-08-2019.
Is NovelYeast still active?
Yes, NovelYeast is an active enterprise in the KBO register.
How many employees does NovelYeast have?
NovelYeast had an average of 9.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NovelYeast fall under?
In its 2025 annual accounts, NovelYeast states joint committee 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
What is the turnover of NovelYeast?
The turnover in financial year 2025 is ≈ €2.5m. This figure is estimated from the gross margin of €1.4m and 56 comparable companies of the same size. It probably lies between €1.6m and €3.3m. It is a rough estimate.
Is NovelYeast profitable?
In financial year 2025, NovelYeast made a profit of €335,768.
Where can I find the annual accounts of NovelYeast?
NovelYeast filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NovelYeast due?
NovelYeast must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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