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NOVY

Active
Public limited companyfounded 198837 yrs activeNoordlaan 6, 8520 Kuurne, BelgiumKBO/BCE: BE 0436.260.171
Summary

NOVY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42.3m and a net result of €7.0m. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 89% of 100 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysis Watch Report Compare
NOVYActiveChecked score 80/100
Risk analysis Report Compare

Checked score

Score 2025
80 / 100
Excellent
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-9
Solvency100=
Growth65▼-1
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 3.61 in 2024; short-term debt: 19% and cash: 1.3% of total assets), and 21.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78.6%
Return on assets
12.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 d early
2024
46 d early
2023
57 d early
2022
53 d early
2021
61 d early
2020
44 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 15 December 1988, NOVY was incorporated.1 The capital was increased 2 times between 2021 and 2024, most recently to EUR 956,913.23 Of the 7 current board members, SOCADAN has served longest, since 2014.4 Revenue went from EUR 49 million in 2018 to EUR 56 million in 2025 and headcount from 172 to 185 full-time equivalents.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 29-10-2021
  3. 3Belgian State Gazette, 04-03-2024
  4. 4Belgian State Gazette, 29-11-2021
  5. 5National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

In the rankings #1 employer in Kuurne, Manufacturing sector#1 company by total assets in Kuurne, Manufacturing sector#1 company by equity in Kuurne, Manufacturing sector

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€56.0m▼ 5.7%
2024 · €59.5m
EBIT margin
10.5%▼ 3.4pp
2024 · 13.9%
Net result
€7.0m▼ 33.1%
2024 · €10.4m
Working capital
€9.0m▼ 46.4%
2024 · €16.7m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€73.1m▲ 23.9%€77.6m▲ 6.1%€69.6m▼ 10.3%€59.5m▼ 14.6%€56.0m▼ 5.7%
Operating result€10.9m▲ 17.5%€9.1m▼ 16.6%€9.0m▼ 1.4%€8.3m▼ 8.1%€5.9m▼ 28.6%
Net result€10.3mabove the sector's middle half▲ 35.0%€12.2mabove the sector's middle half▲ 18.0%€10.2mabove the sector's middle half▼ 16.3%€10.4mabove the sector's middle half▲ 1.9%€7.0mabove the sector's middle half▼ 33.1%
EBIT margin14.9%▼ 0.8pp11.7%▼ 3.2pp12.9%▲ 1.2pp13.9%▲ 1.0pp10.5%▼ 3.4pp
Equity€41.7mabove the sector's middle half▲ 77.7%€48.4mabove the sector's middle half▲ 16.0%€58.6mabove the sector's middle half▲ 21.2%€50.3mabove the sector's middle half▼ 14.2%€42.3mabove the sector's middle half▼ 16.0%
Total assets€57.2mabove the sector's middle half▲ 5.1%€68.4mabove the sector's middle half▲ 19.6%€74.5mabove the sector's middle half▲ 8.9%€58.0mabove the sector's middle half▼ 22.1%€53.8mabove the sector's middle half▼ 7.3%
Debt€13.7m▼ 54.7%€17.0m▲ 24.3%€13.6m▼ 19.8%€6.5m▼ 52.6%€10.5m▲ 62.4%
Working capital€13.1m▲ 46.8%€16.8m▲ 28.5%€25.3m▲ 50.5%€16.7m▼ 33.7%€9.0m▼ 46.4%
Solvency72.8%above the sector's middle half▲ 29.7pp70.7%above the sector's middle half▼ 2.1pp78.7%above the sector's middle half▲ 8.0pp86.8%above the sector's middle half▲ 8.0pp78.6%above the sector's middle half▼ 8.2pp
Staff (FTE)201.9above the sector's middle half▲ 10.5%213.2above the sector's middle half▲ 5.6%192.9above the sector's middle half▼ 9.5%184.1above the sector's middle half▼ 4.6%184.7above the sector's middle half▲ 0.3%
above within below the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€5.0m€10.0mOperating result 2021: €10.9m€10.9mNet result 2021: €10.3m€10.3mOperating result 2022: €9.1m€9.1mNet result 2022: €12.2m€12.2mOperating result 2023: €9.0m€9.0mNet result 2023: €10.2m€10.2mOperating result 2024: €8.3m€8.3mNet result 2024: €10.4m€10.4mOperating result 2025: €5.9m€5.9mNet result 2025: €7.0m€7.0m20212022202320242025€0€5m€10mOperating result 2023: €9.0m€9mNet result 2023: €10.2m€10mOperating result 2024: €8.3m€8.3mNet result 2024: €10.4m€10mOperating result 2025: €5.9m€5.9mNet result 2025: €7.0m€7m202320242025
The operating result has fallen four years in a row; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53.8m
Fixed assets €34.6m ▼ 0.7%
Current assets €19.2m ▼ 17.2%
Equity and liabilities €53.8m
Equity €42.3m ▼ 16.0%
Provisions €1.0m ▼ 16.3%
Debt €10.5m ▲ 62.4%
Debt's share of the balance-sheet total rises from 11.1% to 19.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7.9m▼
2024 · €10.4m
Cash flow
€9.0m▼
2024 · €12.5m
Current ratio
1.88▼
2024 · 3.61
Quick ratio
0.59▼
2024 · 1.44
Debt to equity
0.25▲
2024 · 0.13
ROE
16.5%▼
2024 · 20.7%
ROA
12.9%▼
2024 · 17.9%
Interest coverage
188.03▲
2024 · 57.08
Debt ≤ 1 year
€10.2m▲
2024 · €6.4m
Income taxes
€1.1m▼
2024 · €2.0m
Staff costs
€11.9m▲
2024 · €11.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 95 lines
Balance sheet Code20242025
Assets
Total assets20/58€58.0m€53.8m▼
Fixed assets21/28€34.8m€34.6m▼
Intangible fixed assets21€1.9m€1.4m▼
Tangible fixed assets22/27€3.3m€3.7m▲
Land and buildings22€348,260€456,030▲
Plant, machinery and equipment23€2.5m€2.1m▼
Furniture and vehicles24€291,521€543,332▲
Assets under construction and advance payments27€72,720€605,349▲
Financial fixed assets28€29.7m€29.5m▼
Affiliated companies280/1€29.6m€29.5m▼
Participating interests280€25.3m€25.3m=
Amounts receivable281€4.3m€4.2m▼
Other financial fixed assets284/8€20,400€20,400=
Amounts receivable and cash guarantees285/8€20,400€20,400=
Current assets29/58€23.2m€19.2m▼
Stocks and contracts in progress3€13.9m€13.2m▼
Stocks30/36€13.9m€13.2m▼
Raw materials and consumables30/31€6.4m€7.7m▲
Work in progress32€3.5m€1.9m▼
Finished goods33€1.6m€1.4m▼
Goods purchased for resale34€2.4m€2.3m▼
Amounts receivable within one year40/41€7.3m€3.2m▼
Trade receivables40€2.5m€2.0m▼
Other amounts receivable41€4.8m€1.2m▼
Current investments50/53€1.0m€1.9m▲
Other investments51/53€1.0m€1.9m▲
Cash at bank and in hand54/58€725,942€688,313▼
Deferred charges and accrued income490/1€204,554€204,537=
Equity and liabilities
Total equity and liabilities10/49€58.0m€53.8m▼
Equity10/15€50.3m€42.3m▼
Contributions10/11€10.8m€10.8m=
Capital10€956,913€956,913=
Issued capital100€956,913€956,913=
Outside capital11€9.8m€9.8m=
Share premium1100/10€9.8m€9.8m=
Reserves13€39.5m€31.5m▼
Non-distributable reserves130/1€95,691€95,691=
Legal reserve130€95,691€95,691=
Tax-exempt reserves132€121,842€121,842=
Distributable reserves133€39.3m€31.3m▼
Provisions and deferred taxes16€1.2m€1.0m▼
Provisions for liabilities and charges160/5€1.2m€1.0m▼
Pensions and similar obligations160€129€0▼
Other liabilities and charges164/5€1.2m€1.0m▼
Amounts payable17/49€6.5m€10.5m▲
Amounts payable within one year42/48€6.4m€10.2m▲
Trade debts44€3.5m€3.7m▲
Suppliers440/4€3.5m€3.7m▲
Taxes, remuneration and social security45€1.8m€1.7m▼
Taxes450/3€464,208€312,337▼
Remuneration and social security454/9€1.4m€1.4m=
Other amounts payable47/48€1.1m€4.9m▲
Accrued charges and deferred income492/3€32,624€277,784▲
Income statement Code20242025
Operating income70/76A€58.6m€54.8m▼
Turnover70€59.5m€56.0m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€1.3m-€1.8m▼
Other operating income74€431,754€557,119▲
Non-recurring operating income76A€13,738€9,050▼
Operating charges60/66A€50.4m€48.9m▼
Goods for resale, raw materials and consumables60€26.2m€23.3m▼
Purchases600/8€27.5m€24.4m▼
Change in stocks: decrease (increase)609-€1.3m-€1.1m▲
Services and other goods61€11.8m€11.7m▼
Remuneration, social security and pensions62€11.5m€11.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.1m€2.0m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1.6m€34,015▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€1.0m-€69,751▲
Other operating charges640/8€1.4m€75,040▼
Non-recurring operating charges66A€5,591-€127,725▼
Operating profit (loss)9901€8.3m€5.9m▼
Financial income75/76B€4.4m€2.3m▼
Recurring financial income75€4.4m€2.3m▼
Income from financial fixed assets750€4.0m€2.1m▼
Income from current assets751€402,569€146,217▼
Other financial income752/9€3,009€12,847▲
Financial charges65/66B€223,052€113,534▼
Recurring financial charges65€211,752€113,534▼
Debt charges650€181,846€42,199▼
Other financial charges652/9€29,907€71,336▲
Non-recurring financial charges66B€11,299€0▼
Profit (loss) for the period before taxes9903€12.4m€8.1m▼
Income taxes67/77€2.0m€1.1m▼
Taxes670/3€2.0m€1.2m▼
Tax adjustments and reversals of tax provisions77-€58,007
Profit (loss) for the period9904€10.4m€7.0m▼
Profit (loss) for the period to be appropriated9905€10.4m€7.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906€10.4m€7.0m▼
Transfer from equity791/2€18.7m€15.0m▼
From reserves792€18.7m€15.0m▼
Transfer to equity691/2€10.4m€7.0m▼
To the legal reserve6920€0-
To other reserves6921€10.4m€7.0m▼
Profit to be distributed694/7€18.7m€15.0m▼
Return on contributions (dividend)694€18.7m€15.0m▼
Social balance
Average headcount (FTE)9087184.1184.7▲

The notes to these accounts (98 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€74.5m€79.7m€72.7m€58.6m€54.8m▼ 6.6%
Turnover70€73.1m€77.6m€69.6m€59.5m€56.0m▼ 5.7%
Change in stocks of work in progress, finished goods and contracts in progress71€617,540€1.6m€2.3m-€1.3m-€1.8m▼ 45.3%
Other operating income74€746,306€495,639€782,962€431,754€557,119▲ 29.0%
Non-recurring operating income76A€24,123€15,432€41,030€13,738€9,050▼ 34.1%
Operating charges60/66A€63.5m€70.6m€63.7m€50.4m€48.9m▼ 3.0%
Goods for resale, raw materials and consumables60€35.6m€42.4m€37.4m€26.2m€23.3m▼ 11.1%
Purchases600/8€40.2m€42.2m€36.2m€27.5m€24.4m▼ 11.0%
Change in stocks: decrease (increase)609-€4.6m€162,465€1.2m-€1.3m-€1.1m▲ 8.8%
Services and other goods61€12.8m€13.3m€12.0m€11.8m€11.7m▼ 1.0%
Remuneration, social security and pensions62€11.1m€11.4m€11.0m€11.5m€11.9m▲ 3.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.9m€2.3m€2.3m€2.1m€2.0m▼ 3.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€52,416-€86,622€1.7m-€1.6m€34,015▲ 102%
Provisions for liabilities and charges: additions (uses and reversals)635/8€1.0m€1.1m-€872,623-€1.0m-€69,751▲ 93.1%
Other operating charges640/8€21,039€51,128€34,894€1.4m€75,040▼ 94.6%
Non-recurring operating charges66A€49,833€119,959€70,210€5,591-€127,725▼ 2,385%
Operating profit (loss)9901€10.9m€9.1m€9.0m€8.3m€5.9m▼ 28.6%
Financial income75/76B€2.0m€5.8m€4.9m€4.4m€2.3m▼ 47.4%
Recurring financial income75€2.0m€5.8m€4.9m€4.4m€2.3m▼ 47.4%
Income from financial fixed assets750€2.0m€5.7m€4.6m€4.0m€2.1m▼ 46.1%
Income from current assets751-€9,388€301,950€402,569€146,217▼ 63.7%
Other financial income752/9€1,024€10,497€13,268€3,009€12,847▲ 327%
Financial charges65/66B€173,593€679,168€1.7m€223,052€113,534▼ 49.1%
Recurring financial charges65€173,593€57,068€192,510€211,752€113,534▼ 46.4%
Debt charges650€110,937€20,344€164,503€181,846€42,199▼ 76.8%
Other financial charges652/9€62,656€36,724€28,007€29,907€71,336▲ 139%
Non-recurring financial charges66B-€622,100€1.5m€11,299€0▼ 100%
Profit (loss) for the period before taxes9903€12.8m€14.2m€12.2m€12.4m€8.1m▼ 34.9%
Income taxes67/77€2.5m€2.0m€2.0m€2.0m€1.1m▼ 44.1%
Taxes670/3€2.5m€2.0m€2.0m€2.0m€1.2m▼ 41.2%
Tax adjustments and reversals of tax provisions77€15,063€0--€58,007-
Profit (loss) for the period9904€10.3m€12.2m€10.2m€10.4m€7.0m▼ 33.1%
Profit (loss) for the period to be appropriated9905€10.3m€12.2m€10.2m€10.4m€7.0m▼ 33.1%
Line20212022202320242025Change
Assets
Total assets20/58€57.2m€68.4m€74.5m€58.0m€53.8m▼ 7.3%
Fixed assets21/28€30.5m€34.7m€35.6m€34.8m€34.6m▼ 0.7%
Intangible fixed assets21€1.3m€3.6m€2.7m€1.9m€1.4m▼ 28.4%
Tangible fixed assets22/27€4.2m€3.9m€3.8m€3.3m€3.7m▲ 12.9%
Land and buildings22€139,808€447,831€380,539€348,260€456,030▲ 30.9%
Plant, machinery and equipment23€3.8m€3.2m€3.0m€2.5m€2.1m▼ 18.5%
Furniture and vehicles24€245,960€157,003€287,628€291,521€543,332▲ 86.4%
Assets under construction and advance payments27-€66,141€93,035€72,720€605,349▲ 732%
Financial fixed assets28€25.0m€27.2m€29.1m€29.7m€29.5m▼ 0.4%
Affiliated companies280/1€25.0m€27.2m€29.1m€29.6m€29.5m▼ 0.4%
Participating interests280€24.4m€26.8m€25.3m€25.3m€25.3m=
Amounts receivable281€579,237€375,470€3.8m€4.3m€4.2m▼ 2.6%
Other financial fixed assets284/8€15,304€15,304€0€20,400€20,400=
Amounts receivable and cash guarantees285/8€15,304€15,304€0€20,400€20,400=
Current assets29/58€26.7m€33.7m€38.9m€23.2m€19.2m▼ 17.2%
Amounts receivable after more than one year29€1.6m€702,945€0---
Trade receivables290€1.6m€702,945€0---
Stocks and contracts in progress3€11.4m€12.9m€13.7m€13.9m€13.2m▼ 5.2%
Stocks30/36€11.4m€12.9m€13.7m€13.9m€13.2m▼ 5.2%
Raw materials and consumables30/31€6.5m€6.0m€5.4m€6.4m€7.7m▲ 19.3%
Work in progress32€1.9m€3.4m€5.0m€3.5m€1.9m▼ 46.8%
Finished goods33€659,395€841,427€1.2m€1.6m€1.4m▼ 13.9%
Goods purchased for resale34€2.4m€2.7m€2.1m€2.4m€2.3m▼ 3.9%
Amounts receivable within one year40/41€5.0m€16.6m€22.3m€7.3m€3.2m▼ 56.0%
Trade receivables40€3.8m€5.8m€2.6m€2.5m€2.0m▼ 18.0%
Other amounts receivable41€1.2m€10.8m€19.7m€4.8m€1.2m▼ 75.5%
Current investments50/53---€1.0m€1.9m▲ 81.5%
Other investments51/53---€1.0m€1.9m▲ 81.5%
Cash at bank and in hand54/58€8.5m€3.1m€2.5m€725,942€688,313▼ 5.2%
Deferred charges and accrued income490/1€252,688€384,929€255,123€204,554€204,537=
Equity and liabilities
Total equity and liabilities10/49€57.2m€68.4m€74.5m€58.0m€53.8m▼ 7.3%
Equity10/15€41.7m€48.4m€58.6m€50.3m€42.3m▼ 16.0%
Contributions10/11€10.7m€10.7m€10.8m€10.8m€10.8m=
Capital10€902,828€902,828€956,913€956,913€956,913=
Issued capital100€902,828€902,828€956,913€956,913€956,913=
Outside capital11€9.8m€9.8m€9.8m€9.8m€9.8m=
Share premium1100/10€9.8m€9.8m€9.8m€9.8m€9.8m=
Reserves13€31.0m€37.6m€47.8m€39.5m€31.5m▼ 20.4%
Non-distributable reserves130/1€90,283€90,283€95,691€95,691€95,691=
Legal reserve130€90,283€90,283€95,691€95,691€95,691=
Tax-exempt reserves132€121,842€121,842€121,842€121,842€121,842=
Distributable reserves133€30.7m€37.4m€47.6m€39.3m€31.3m▼ 20.5%
Provisions and deferred taxes16€1.9m€3.1m€2.2m€1.2m€1.0m▼ 16.3%
Provisions for liabilities and charges160/5€1.9m€3.1m€2.2m€1.2m€1.0m▼ 16.3%
Pensions and similar obligations160€9,295€1,676€253€129€0▼ 100%
Other liabilities and charges164/5€1.9m€3.1m€2.2m€1.2m€1.0m▼ 16.2%
Amounts payable17/49€13.7m€17.0m€13.6m€6.5m€10.5m▲ 62.4%
Amounts payable after more than one year17€0-----
Financial debts170/4€0-----
Credit institutions173€0-----
Amounts payable within one year42/48€13.6m€17.0m€13.6m€6.4m€10.2m▲ 58.9%
Current portion of amounts payable after more than one year42€0-----
Trade debts44€9.5m€10.0m€5.0m€3.5m€3.7m▲ 3.4%
Suppliers440/4€9.5m€10.0m€5.0m€3.5m€3.7m▲ 3.4%
Taxes, remuneration and social security45€1.6m€1.8m€1.6m€1.8m€1.7m▼ 8.3%
Taxes450/3€257,726€301,997€298,350€464,208€312,337▼ 32.7%
Remuneration and social security454/9€1.4m€1.5m€1.3m€1.4m€1.4m=
Other amounts payable47/48€2.5m€5.2m€7.0m€1.1m€4.9m▲ 363%
Accrued charges and deferred income492/3€20,130€23,937€27,789€32,624€277,784▲ 751%
Line20212022202320242025Change
Profit (loss) for the period9904€10.3m€12.2m€10.2m€10.4m€7.0m▼ 33.1%
+ Depreciation and write-downs630€2.9m€2.3m€2.3m€2.1m€2.0m▼ 3.8%
Operating cash flow (approximation)€13.2m€14.5m€12.5m€12.5m€9.0m▼ 28.1%
Investment in fixed assets (approximation)--€6.5m-€3.3m-€1.3m-€1.8m▼ 35.8%
Change in cash--€5.4m-€577,832-€1.8m-€37,630▲ 97.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
11-03
State Gazette act Resignations: SONEAN BV, Najib Maalouf and 3 others
Appointments: Brody Connolly (director) and Randall Jackson (director) · Permanent representative: Francis Gistelinck · Mandate compensation15 facts ▸
  • General meeting, 02-02-2026
  • Director resignation, SONEAN BV (director)
  • Director resignation, Najib Maalouf (director)
  • Director resignation, Bryan Mittelman (director)
  • Director resignation, Michael Thompson (director)
  • Director resignation, Agustin Zufia Sustacha (director)
  • Director appointment, Brody Connolly (director)
  • Director appointment, Randall Jackson (director)
  • Mandate compensation, Brody Connolly
  • Mandate compensation, Randall Jackson
  • Power of attorney, Stibbe BV
  • Board meeting, 02-02-2026
  • +3 further facts in this act
2025
15-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
State Gazette act Reappointment: CALLENS VANDELANOTTE NV (statutory auditor)
Permanent representative: Gistelinck, Francis3 facts ▸
  • General meeting, 20-05-2024
  • Auditor reappointment, CALLENS VANDELANOTTE NV (statutory auditor)
  • Permanent representative, Gistelinck, Francis
04-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
04-03
State Gazette act Capital & shares · Restructuring
Capital increase · Share issue · Capital9 facts ▸
  • General meeting, 11-01-2024
  • Capital increase, €54.085,18
  • Share issue, aandelen op naam, 12
  • Capital, €956.913,47
  • Accounting effect, 01-10-2023
  • Power of attorney, VANDELANOTTE
  • Contribution proposal, 30-10-2023
  • Profit participation, 01-10-2023
  • No premium, ja
2023
31-12
Financial Equity above €50mEq €58.6m ▲21.2%
6 profitable years in a row build equity to €58.6m.
21-11
State Gazette act Restructuring
Permanent representative: Francis Gistelinck · Demerger · Net-asset statement11 facts ▸
  • Demerger, inbreng van bedrijfstak, 0
  • Permanent representative, Francis Gistelinck
  • Net-asset statement, 30-09-2023
  • Net-asset statement, 48352960.0, EUR
  • Accounting effect, 01-10-2023
  • Patent transfer, NOVY INVEST
  • Share structure, 550000
  • Share structure, 12, 10900
  • Profit participation, 01-10-2023
  • No dissolution, ja
  • Cost allocation, volledig aan de inbrengende vennootschap
08-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €12.2m ▲18%
Net result €12.2m, the highest in the series.
07-09
State Gazette act Resignation: SOCADAN (director)
Appointment: SONEAN (director) · Permanent representative: Francis Gistelinck · Permanent representative end9 facts ▸
  • General meeting, 01-07-2022
  • Director resignation, SOCADAN (director)
  • Director appointment, SONEAN (director)
  • Permanent representative, Francis Gistelinck
  • Board meeting, 01-07-2022
  • Director resignation, SOCADAN (managing director)
  • Director appointment, SONEAN (managing director)
  • Permanent representative, Francis Gistelinck
  • Permanent representative end, 01-07-2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Show earlier events
2021
31-12
Financial Equity above €25mEq €41.7m ▲77.7%
4 profitable years in a row build equity to €41.7m.
29-11
State Gazette act Appointments: SOCADAN BV (day-to-day manager) and Najib H. Maalouf (director)
Permanent representative: Carlos Wanzeele · Mandate compensation13 facts ▸
  • Board meeting, 08-11-2021
  • Director appointment, SOCADAN BV (day-to-day manager)
  • Permanent representative, Carlos Wanzeele
  • General meeting, 08-11-2021
  • Director appointment, Najib H. Maalouf (director)
  • Director appointment, SOCADAN BV (director)
  • Mandate compensation, Najib H. Maalouf
  • Mandate compensation, SOCADAN BV
  • Board composition, Bryan E. Mittelman (director)
  • Board composition, Michael D. Thompson (director)
  • Board composition, Agustin Zufia Sustacha (director)
  • Board composition, Najib H. Maalouf (director)
  • +1 further facts in this act
29-10
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Power of attorney5 facts ▸
  • General meeting, 08-10-2021
  • Capital increase, €82.828,29
  • Capital, €902.828,29
  • Statutes amendment
  • Power of attorney
21-10
State Gazette act Capital & shares
Share concentration2 facts ▸
  • Board meeting, 07-10-2021
  • Share concentration, Vereniging van alle aandelen in één hand sinds 30 september 2021
26-07
State Gazette act Resignations: Novy Invest NV, Sonean BV and 4 others
Appointments: Bryan E. Mittelman, Agustin Zufia and Michael D. Thompson15 facts ▸
  • General meeting, 12-07-2021
  • Board meeting, 12-07-2021
  • Director resignation, Novy Invest NV (director)
  • Director resignation, Sonean BV (director)
  • Director resignation, Spiced Up BV (director)
  • Director resignation, Toso Consulting BV (director)
  • Director resignation, Scopo Management BV (director)
  • Director resignation, Socadan BV (director)
  • Director resignation, Socadan BV (managing director)
  • Director appointment, Bryan E. Mittelman (director)
  • Director appointment, Agustin Zufia (director)
  • Director appointment, Michael D. Thompson (director)
  • +3 further facts in this act
17-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
07-06
State Gazette act Reappointment: VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
Permanent representatives: Nikolas Vandelanotte and Carlos Wanzeele4 facts ▸
  • General meeting, 17-05-2021
  • Auditor reappointment, VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Nikolas Vandelanotte
  • Permanent representative, Carlos Wanzeele
18-05
State Gazette act Resignations & appointments
Director resignation1 fact ▸
  • Director resignation, director
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €4.7m ▼15.4%
Net result drops to €4.7m, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-10
State Gazette act Reappointment: Vandelanotte Bedrijfsrevisoren (statutory auditor)
Appointments: Vanhee Products bvba (director) and Spiced Up bvba (director) · Permanent representatives: Wim Lernout and Olivier Lambert · Power of attorney10 facts ▸
  • General meeting, 22-05-2018
  • Auditor reappointment, Vandelanotte Bedrijfsrevisoren (statutory auditor)
  • General meeting, 28-08-2018
  • Director appointment, Vanhee Products bvba (director)
  • Permanent representative, Wim Lernout
  • Director appointment, Spiced Up bvba (director)
  • Permanent representative, Olivier Lambert
  • Power of attorney, Vanhee Products bvba
  • Power of attorney, Spiced Up bvba
  • Power of attorney, Tonny Sobry
26-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
State Gazette act Appointments: Sonean bvba (director) and Socadan BVBA (managing director)
Permanent representatives: Francis Gistelinck and Wanzeele Carlos5 facts ▸
  • General meeting, 29-05-2017
  • Director appointment, Sonean bvba (director)
  • Permanent representative, Francis Gistelinck
  • Director appointment, Socadan BVBA (managing director)
  • Permanent representative, Wanzeele Carlos
16-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
20-09
State Gazette act Statutes amendment
Capital3 facts ▸
  • General meeting, 18-08-2016
  • Statutes amendment
  • Capital, €820.000
13-09
State Gazette act Resignations: Novy International NV, MCMG BVBA and 2 others
Permanent representatives: Eric Van Droogenbroeck, Jeroen Geldhof and Francis Lannoy · Appointment: Novy Invest NV (director) · Mandate compensation21 facts ▸
  • General meeting, 17-08-2016
  • General meeting, 18-08-2016
  • Director resignation, Novy International NV (director)
  • Permanent representative, Eric Van Droogenbroeck
  • Director resignation, MCMG BVBA (director)
  • Permanent representative, Jeroen Geldhof
  • Director resignation, CILA BVBA (director)
  • Permanent representative, Francis Lannoy
  • Director appointment, Novy Invest NV (director)
  • Permanent representative, Eric Van Droogenbroeck
  • Mandate compensation, Novy Invest NV
  • Mandate term, tot onmiddellijk na de gewone algemene vergadering van het jaar 2022
  • +9 further facts in this act
23-06
State Gazette act Reappointments: NOVY INTERNATIONAL, SOCADAN and 4 others
Permanent representatives: Eric Vanderoogenbroeck, Carlos Wanzeele and 4 others · Appointment: SOCADAN (chair of the board) · Mandate compensation16 facts ▸
  • General meeting, 17-05-2016
  • Director reappointment, NOVY INTERNATIONAL (director)
  • Permanent representative, Eric Vanderoogenbroeck
  • Director reappointment, SOCADAN (director)
  • Permanent representative, Carlos Wanzeele
  • Director reappointment, Toso Consulting (director)
  • Permanent representative, Tonny Sobry
  • Director reappointment, Scopo Management (director)
  • Permanent representative, Nicolas Piers
  • Director reappointment, MCMG (director)
  • Permanent representative, Jeroen Geldhof
  • Director reappointment, Cila (director)
  • +4 further facts in this act
14-01
State Gazette act Reappointment: VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
2 facts ▸
  • General meeting, 18-05-2015
  • Auditor reappointment, VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
2015
11-02
State Gazette act Resignation: Delta Management & Consulting bvba (director and managing director)
Appointment: Socadan bvba (director) · Permanent representatives: Carlos Wanzeele and Philippe Beauduin5 facts ▸
  • General meeting, 22-10-2014
  • Director resignation, Delta Management & Consulting bvba (director and managing director)
  • Director appointment, Socadan bvba (director)
  • Permanent representative, Carlos Wanzeele
  • Permanent representative, Philippe Beauduin
2012
12-06
State Gazette act Reappointment: Vandelanotte Bedrijfsrevisoren Burgerlijke Vennootschap (statutory auditor)
2 facts ▸
  • General meeting, 21-05-2012
  • Auditor reappointment, Vandelanotte Bedrijfsrevisoren Burgerlijke Vennootschap (statutory auditor)
2011
02-09
State Gazette act Capital & shares
Approval · Power of attorney3 facts ▸
  • General meeting, 29-06-2011
  • Approval, Goedkeuring van elke bepaling van de Financieringsdocumenten die binnen het toepassingsgebied van Artikel 556 van het Wetboek van Vennootschappen valt of zou ku…
  • Power of attorney, Louis Hoet
20-01
State Gazette act Resignations: Philippe Beauduin, Fortis Private Equity Management NV and 5 others
Appointments: TOSO Consulting BVBA, SCOPO Management COMM.V and 4 others · Permanent representatives: Tonny Sobry, Nicolas Piers and 4 others24 facts ▸
  • General meeting, 25/11/2010
  • Director resignation, Philippe Beauduin (director)
  • Director resignation, Fortis Private Equity Management NV (director)
  • Director resignation, Fortis Private Equity Expansion Belgium NV (director)
  • Director resignation, Frank Claeys (director)
  • Director resignation, Novy Holding NV (director)
  • Director resignation, Lanimmo NV (director)
  • Director resignation, Care Comm. VA (director)
  • Director appointment, TOSO Consulting BVBA (director)
  • Permanent representative, Tonny Sobry
  • Director appointment, SCOPO Management COMM.V (director)
  • Permanent representative, Nicolas Piers
  • +12 further facts in this act
2010
17-12
State Gazette act Capital & shares
Approval2 facts ▸
  • General meeting, 25-11-2010
  • Approval, Financieringsdocumenten
01-12
State Gazette act Permanent representative: An Lannoy
1 fact ▸
  • Permanent representative, An Lannoy
21-05
State Gazette act Reappointment: Vandelanotte Bedrijfsrevisoren Burgerlijke Vennootschap (statutory auditor)
Power of attorney3 facts ▸
  • General meeting, 18-05-2009
  • Auditor reappointment, Vandelanotte Bedrijfsrevisoren Burgerlijke Vennootschap (statutory auditor)
  • Power of attorney, Tonny Sobry
2009
16-11
State Gazette act Permanent representatives: Kenneth Depuydt and Pieter Himpe
3 facts ▸
  • General meeting, 30-09-2009
  • Permanent representative, Kenneth Depuydt
  • Permanent representative, Pieter Himpe
2006
07-04
State Gazette act Resignations: Fortis Private Equity Expansion Belgium NV, Fortis Private Equity Venture Belgium NV and Novy NV
Appointments: FORTIS PRIVATE EQUITY MANAGEMENT NV (director) and Frank Buysse (director) · Permanent representatives: Werner Claes, Frank Claeys and Frank Buysse · Power of attorney11 facts ▸
  • General meeting, 21-03-2006
  • Director resignation, Fortis Private Equity Expansion Belgium NV (director)
  • Director resignation, Fortis Private Equity Venture Belgium NV (director)
  • Director appointment, FORTIS PRIVATE EQUITY MANAGEMENT NV (director)
  • Director appointment, Frank Buysse (director)
  • Permanent representative, Werner Claes
  • Permanent representative, Frank Claeys
  • Permanent representative, Frank Buysse
  • Director resignation, Novy NV (chair of the board)
  • Director appointment, FORTIS PRIVATE EQUITY MANAGEMENT NV (chair of the board)
  • Power of attorney, Johan Mahieu
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
26 of 26 acts read

Directors · office · real estate

Directors
7 directors, 1 in day-to-day management, no change since 2026

Board 7

SOCADAN
Chair of the board · since 17-05-2016 · Director · since 22-10-2014 · Private limited company · perm. rep.: Carlos Wanzeele
Current
Agustin Zufia
Director · since 12-07-2021
Current
Bryan E. Mittelman
Director · since 12-07-2021
Current
Michael D. Thompson
Director · since 12-07-2021
Current
Najib H. Maalouf
Director · since 08-11-2021
Current
Brody Connolly
Director · since 02-02-2026
Current
Randall Jackson
Director · since 02-02-2026
Current
12 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
BNP Paribas Fortis Private Equity Management
Chair of the board · since 21-03-2006 · Director · since 21-03-2006 · Public limited company · perm. rep.: Werner Claes
Not recently confirmed
Novy International NV
Chair of the board · since 25-11-2010 · Director · since 25-11-2010 · Legal entity · perm. rep.: Eric Van Droogenbroeck
Not recently confirmed
Novy Invest
Chair · since 18-08-2016 · Director · since 18-08-2016 · Public limited company · perm. rep.: Eric Van Droogenbroeck
Not recently confirmed
FRANK BUYSSE
Director · since 21-03-2006
Not recently confirmed
Cila BVBA
Director · since 25-11-2010 · Legal entity · perm. rep.: Francis Lannoy
Not recently confirmed
MCMG BVBA
Director · since 25-11-2010 · Legal entity · perm. rep.: Jeroen Geldhof
Not recently confirmed
SCOPO Management COMM.V
Director · since 25-11-2010 · Legal entity · perm. rep.: Nicolas Piers
Not recently confirmed
TOSO Consulting BVBA
Director · since 25-11-2010 · Legal entity · perm. rep.: Tonny Sobry
Not recently confirmed
SCOPO Management
Director · since 17-05-2016 · Private limited company · perm. rep.: Nicolas Piers
Not recently confirmed
Toso Consulting
Director · since 17-05-2016 · Legal entity · perm. rep.: Tonny Sobry
Not recently confirmed
Spiced Up
Director · since 22-05-2018 · Private limited company · perm. rep.: Olivier Lambert
Not recently confirmed
Vanhee - Products
Director · since 22-05-2018 · Private limited company · perm. rep.: Wim Lernout
Not recently confirmed

Day-to-day management 1

SOCADAN
Day-to-day manager · since 17-05-2016 · Private limited company · perm. rep.: Carlos Wanzeele
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Socadan BVBA
Managing director · since 29-05-2017 · Legal entity · perm. rep.: Wanzeele Carlos
Not recently confirmed

Permanent representatives 1

Carlos Wanzeele
Permanent representative · since 22-10-2014 · for SOCADAN
Current
8 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Werner Claes
Permanent representative · since 21-03-2006 · for BNP Paribas Fortis Private Equity Management
Not recently confirmed
Francis Lannoy
Permanent representative · since 25-11-2010 · for Cila BVBA
Not recently confirmed
Jeroen Geldhof
Permanent representative · since 25-11-2010 · for MCMG BVBA
Not recently confirmed
Nicolas Piers
Permanent representative · since 17-05-2016 · for SCOPO Management
Not recently confirmed
Tonny Sobry
Permanent representative · since 17-05-2016 · for Toso Consulting
Not recently confirmed
Eric Van Droogenbroeck
Permanent representative · since 18-08-2016 · for Novy Invest
Not recently confirmed
Olivier Lambert
Permanent representative · since 22-05-2018 · for Spiced Up
Not recently confirmed
Wim Lernout
Permanent representative · since 22-05-2018 · for Vanhee - Products
Not recently confirmed

Statutory auditor 1

CALLENS VANDELANOTTE
Statutory auditor · since 18-05-2009
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kuurne · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
4.2 ha
Building footprint
2.2 ha
Parcel 34023A0412/00T002, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
NOVY NV
Noordlaan 6, 8520 KuurneManufacture of fabricated metal products, except machinery and equipment
since 19892.042.110.613
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34023A0412/00T002 Flanders 4.2 ha 1 · 2.2 ha -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

46 people since 2006, 21 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
SOCADAN
  • Director, from 22-10-2014 to date
  • Chair of the board, from 17-05-2016 not ended, last confirmed 23-06-2016
  • Managing director, from 17-05-2016 to date
Agustin Zufia
  • Director, from 12-07-2021 to date
Bryan E. Mittelman
  • Director, from 12-07-2021 to date
Michael D. Thompson
  • Director, from 12-07-2021 to date
Najib H. Maalouf
  • Director, from 08-11-2021 to date
Brody Connolly
  • Director, from 02-02-2026 to date
Randall Jackson
  • Director, from 02-02-2026 to date
CALLENS VANDELANOTTE
  • Statutory auditor, from 18-05-2009 to date
BNP Paribas Fortis Private Equity Management
  • Chair of the board, from 21-03-2006 not ended, last confirmed 07-04-2006
  • Director, from 21-03-2006 not ended, last confirmed 07-04-2006
FRANK BUYSSE
  • Director, from 21-03-2006 not ended, last confirmed 07-04-2006
Cila BVBA
  • Director, from 25-11-2010 not ended, last confirmed 20-01-2011
MCMG BVBA
  • Director, from 25-11-2010 not ended, last confirmed 20-01-2011
Novy International NV
  • Chair of the board, from 25-11-2010 not ended, last confirmed 20-01-2011
  • Director, from 25-11-2010 not ended, last confirmed 20-01-2011
SCOPO Management COMM.V
  • Director, from 25-11-2010 not ended, last confirmed 20-01-2011
TOSO Consulting BVBA
  • Director, from 25-11-2010 not ended, last confirmed 20-01-2011
SCOPO Management
  • Director, already before 17-05-2016 not ended, last confirmed 23-06-2016
Toso Consulting
  • Director, already before 17-05-2016 not ended, last confirmed 23-06-2016
Novy Invest
  • Chair, from 18-08-2016 not ended, last confirmed 13-09-2016
  • Director, from 18-08-2016 not ended, last confirmed 13-09-2016
Spiced Up
  • Director, from 22-05-2018 not ended, last confirmed 25-10-2018
Vanhee - Products
  • Director, from 22-05-2018 not ended, last confirmed 25-10-2018
Socadan BVBA
  • Chair, until 18-08-2016
  • Managing director, from 29-05-2017 not ended, last confirmed 03-07-2017
Agustin Zufia Sustacha
  • Director, until 02-02-2026
Bryan Mittelman
  • Director, until 02-02-2026
Michael Thompson
  • Director, until 02-02-2026
Najib Maalouf
  • Director, until 02-02-2026
SONEAN
  • Director, from 29-05-2017 to 02-02-2026
  • Managing director, from 01-07-2022 to 02-02-2026
Socadan
  • Director, until 01-07-2022
  • Managing director, until 01-07-2022
BV Scopo Management
  • Director, until 12-07-2021
BV SOCADAN
  • Director, until 12-07-2021
  • Managing director, until 12-07-2021
Novy Invest NV
  • Director, until 12-07-2021
Sonean BV
  • Director, until 12-07-2021
Spiced Up BV
  • Director, until 12-07-2021
Toso Consulting BV
  • Director, until 12-07-2021
CILA
  • Director, already before 17-05-2016 to 18-08-2016
MCMG in vereffening
  • Director, until 18-08-2016
Novy International
  • Director, until 18-08-2016
Delta Management & Consulting bvba
  • Director, from 25-11-2010 to 29-08-2014
  • Day-to-day manager, from 25-11-2010 to 29-08-2014
Care Comm. VA
  • Director, until 25-11-2010
Fortis Private Equity Expansion Belgium nv
  • Director, until 21-03-2006
  • Director, until 25-11-2010
Fortis Private Equity Management NV
  • Director, until 25-11-2010
Frank Claeys
  • Director, until 25-11-2010
Lanimmo NV
  • Director, until 25-11-2010
Novy Holding NV
  • Director, until 25-11-2010
Philippe Beauduin
  • Director, until 25-11-2010
Fortis Private Equity Venture Belgium NV
  • Director, until 21-03-2006
Novy NV
  • Chair of the board, until 21-03-2006
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot doel: 1. Fabricatie van alle soorten vervoermiddelen, zoals fietsen, moto's, triporteurs, invalidewagens, enzovoort en de handel van deze voorwerpen…
Full purpose

De vennootschap heeft tot doel: 1. Fabricatie van alle soorten vervoermiddelen, zoals fietsen, moto's, triporteurs, invalidewagens, enzovoort en de handel van deze voorwerpen alsmede van alle bijhorende wisselstukken en producten. 2. De vervaardiging van alle metaalconstructietoestellen, wisselstukken of onderdelen voor de metaalnijverheid en alles wat met de metaalnijverheid verband houdt 3. Alles wat met de plastieknijverheid verband houdt. 4. De vertegenwoordiging en commissiehandel in het algemeen. Deze opsomming houdt geen enkele beperking in. De vennootschap zal aldus alles mogen voortbrengen wat rechtstreeks of onrechtstreeks met bovenstaande beschrijving iets te maken heeft rekening houdende met de technische evolutie. Zij zal haar activiteit mogen uitoefenen zowel in België als in den vreemde. Zij zal in het kader van haar werkzaamheden alle roerende, onroerende, bank-, handels, nijverheids- en financiële verrichtingen mogen doen die rechtstreeks of onrechtstreeks met haar doel verband houden of die nuttig zijn tot de uitbreiding van haar bedrijvigheden. Haar activiteit is niet tot de landgrenzen beperkt. De vennootschap zal door middel van inbreng, fusie, inschrijving of om het even welke andere wijze, mogen deelnemen aan alle ondernemingen, verenigingen, vennootschappen die eenzelfde of gelijkaardig doel nastreven of die eenvoudig nuttig kunnen zijn tot de gehele of gedeeltelijke verwezenlijking ervan.

according to the deed of 21-11-2023

Structure & network

Owners and holdings

2 owners · 3 holdings

Chain of control

  1. NOVY INTERNATIONAL 100%
  2. NOVY HOLDING 100%
  3. NOVY

Highest known parent: NOVY INTERNATIONAL. The sources do not say who stands above it.

Owners 2

Holdings 3

According to the 2025 annual accounts of NOVY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

15 connected companies
Depth
A.M.B., Shared corporate director AA.M.B.Confinity, Shared corporate director CConfinityEPIMEDE, Shared corporate director EEPIMEDEGEMMA FRISIUS-FONDS KU LEUVEN, Shared corporate director GFGEMMAFRISIUS-FONDS…HELIOS TRADING, Shared corporate director HTHELIOS TRADINGKAASBRIK, Shared corporate director KKAASBRIKPAPILIO, Shared corporate director PPAPILIOPenne International, Shared corporate director PIPenneInternationalTHEODORUS IV, Shared corporate director TITHEODORUS IVTIE INTERNATIONAL, Shared corporate director TITIEINTERNATIONALVIVES II - Louvain Technology Fund, Shared corporate director VIVIVES IILouvain…WINSOL ACTUELL, Shared corporate director WAWINSOL ACTUELLWINSOL GROUP, Shared corporate director WGWINSOL GROUPWINSOL INTERNATIONAL, Shared corporate director WIWINSOLINTERNATIONALNOVY NOVY0436.260.171
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
A.M.B.
Shared corporate director
→
Confinity
Shared corporate director
→
EPIMEDE
Shared corporate director
→
GEMMA FRISIUS-FONDS KU LEUVEN
Shared corporate director
→
Show 11 more companies with a shared director
HELIOS TRADING
Shared corporate director
→
KAASBRIK
Shared corporate director
→
PAPILIO
Shared corporate director
→
Penne International
Shared corporate director
→
THEODORUS IV
Shared corporate director
→
TIE INTERNATIONAL
Shared corporate director
→
VIVES II - Louvain Technology Fund
Shared corporate director
→
WINSOL ACTUELL
Shared corporate director
→
WINSOL GROUP
Shared corporate director
→
WINSOL INTERNATIONAL
Shared corporate director
→
XENICS
Shared corporate director
→

Acquisitions and mergers

1 transaction
Contribution with:NOVY INVEST
BE 0658.841.915contribution of a branch of activity · proposal · State Gazette act of 21-11-2023 (2 acts) · effective 30-10-2023

Capital and shareholders

Capital over the years
  1. 04-03-2024 Capital increase of 54,085.18 EUR · to 956,913.47 EUR · in kind
  2. 29-10-2021 Capital increase of 82,828.29 EUR · to 902,828.29 EUR · 1,000 new shares
  3. 20-09-2016 Capital stated in the act · 820,000 EUR · 9,900 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 536,110 EUR awarded · 130,229 EUR paid
Year Entries awardedpaid
2025 3 416,231 EUR10,349 EUR
2024 3 -10,124 EUR24,927 EUR
2023 2 127,451 EUR92,401 EUR
2022 1 2,552 EUR2,552 EUR
Schemes
3 entries · 507,934 EUR · 102,053 EUR paid · Fonds voor Innoveren en Ondernemen
4 entries · 20,423 EUR · 20,423 EUR paid · Departement Werk en Sociale Economie
2 entries · 7,753 EUR · 7,753 EUR paid · Departement Werk en Sociale Economie

European research

1 project
Programmes
1 entry
Projects
Ecodesign Doctoral Network
Horizon Europe · associated partner · 01-10-2026 to 30-09-2030 · Ecodesign

Recognitions · licences · registrations

Legal Entity Identifier

5493008Z1MFJT5SCTV85
live in the LEI register

Similar companies · same sector, comparable size

OMCO INTERNATIONAL
BE 0479.947.387
Aalter · Eq €39.4m
PROFERRO
BE 0438.243.426
Ieper · Eq €49.3m
Ariston Benelux
BE 0463.518.755
Namur · Eq €19.9m
FONDATEL LECOMTE
BE 0401.246.537
Andenne · Eq €17.2m
Consolidated Precision Products Belgium
BE 0436.156.837
Herstal · Eq €16.5m
Of 117 companies in sector 27510 we hold annual accounts for 88. 19 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded15-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
27510Manufacture of electrical equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0436260171
Also 9925:BE0436260171

Register as of 27 September 2026 · Peppol Directory

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