Equity
€900,478 ▲ 0.3%
NOVIFOR has made a profit without a break since 2011.
NOVIFOR
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1991peak €749,178 (2018)
€678,486▼ 5.2%
lowest -€78,818 (2010)
€2,985▼ 86.8%
peak €900,478 (2026)
€900,478▲ 0.3%
€535,143▲ 8.9%
peak 9.3 FTE (2016)
7.2 FTE▼ 6.5%
Board4 names since 2020
-
Documentsfilings and deeds
26-10-202697 days before the deadline
2026financial year
Result from €22,573 to €2,985
Key points
from the 2026 annual accountsChecked score
85
Excellent
Financially stronger than 45% of micro companies in rubber and plastics (NACE 22)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 355 companies (NACE 22, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.5%▲ +0.2 percentage points vs 12-2024highest value
02-2025: 0.3%▼ -0.2 percentage points vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025lowest value
05-2025: 0.3%● unchanged vs 04-2025lowest value
06-2025: 0.3%● unchanged vs 05-2025lowest value
07-2025: 0.3%● unchanged vs 06-2025lowest value
08-2025: 0.3%● unchanged vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.3%▼ -0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: 7.2 FTE, total assets €1.4m
Sector: Manufacture of rubber and plastic products (NACE 22)
lowers risk
Founded in 1989
Equity €900,478 (62.7% of total assets)
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 22, micro). It does better than 71% of them on solvency, 34% on liquidity, 37% on profitability and 38% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as NOVIFOR has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NOVIFOR itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for NOVIFOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.51 (1.43 in 2025), above the usual 1.5. Short-term debt is 37.3% and cash 5.7% of total assets. 37.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 26-10-2026, 97 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
97 days early
2025
12 days early
2024
7 days early
2023
2 days early
2022
6 days early
2021
3 days early
2020
13 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 24 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today30-06-2027 year end31-01-2028 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0439148791
2 directors appointed, 3 resignations
Resignations: Martine Claeys, Paula Verhelst and FORTINORM · Appointments: Martine Claeys and FORTINORM · Permanent representative: Laurent Forton · General meeting of 13-10-2023 · Gazette deed
2 directors appointed, 2 resignations
Change of role: Claeys Martine, from director to managing director · Resignations: Verhulst Paula and BV Fortinorm · Permanent representative: Forton Laurent · General meeting of 09-10-2020 · Gazette deed
First establishment
NOVIFOR NV, Cathilleweg 43 B, Jabbeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOVIFOR Jabbeke | €1.4m | €678,486 | 62.7% | 7.2 |
| VARITAPE Temse | €1.6m | €746,322 | 80.4% | 6.8 |
| POLY-SEAL Zele | €2.4m | €663,046 | 25.6% | 7.6 |
| DISTRIFLAC Dison | €2.4m | €778,769 | 64.4% | 6.3 |
| STUDIEGROEP LABYRINT Asse | €1.7m | €855,104 | 44.7% | 10.5 |
| METAPLEX Antwerp | €1.0m | €399,271 | 45.3% | 6.1 |
| VARINA Antoing | €2.5m | €932,918 | 47.0% | 7.7 |
These companies have the same main activity as NOVIFOR: manufacture of rubber and plastic products (NACE 22260). They are comparable in size and age: total assets between €1m and €2.5m, founded between 1984 and 1993.
Official details
Source: KBO- Status
- Active since 07-12-1989Normal situation
- Activity
- Manufacture of rubber and plastic productsNACE 22260and 2 others
- Establishment unit
- 2.046.163.0358490 Jabbeke, since 20-12-1989
- Financial year end
- 30 June
- Peppol
- Reachable since 14-11-2025
Annual accounts to 30-06-2026
- €1.4m▲ 3.4%
- Employeeson 30-06-2026
- 7▼ 12.5%
- Filing
- Filed on 26-10-2026, 97 days before the end of the filing period
Insights on NOVIFOR
NOVIFOR has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €900,478 and a net result of €2,985.
Equity has been growing by about 3.4% per year since 2019. The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NOVIFOR
- What is the company number of NOVIFOR?
- The company number of NOVIFOR is 0439.148.791. The VAT number is the same number with BE in front: BE 0439.148.791.
- Where is NOVIFOR based?
- The registered office is at Cathilleweg 43B, 8490 Jabbeke.Company details
- What does NOVIFOR do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22260).
- What is the legal form of NOVIFOR?
- NOVIFOR is a public limited company (NV).
- When was NOVIFOR founded?
- NOVIFOR was founded on 07-12-1989.
- Is NOVIFOR still active?
- Yes, NOVIFOR is an active enterprise in the KBO register.
- How many employees does NOVIFOR have?
- NOVIFOR had an average of 7.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of NOVIFOR?
- The turnover in financial year 2026 is ≈ €1.6m. This figure is estimated from the gross margin of €678,486 and 2,275 comparable companies of the same size. It probably lies between €960,000 and €2.7m. It is a rough estimate.
- Is NOVIFOR profitable?
- In financial year 2026, NOVIFOR made a profit of €2,985.
- Where can I find the annual accounts of NOVIFOR?
- NOVIFOR filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of NOVIFOR due?
- NOVIFOR must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
Next steps
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