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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
NOVAC from Gent, company number BE0424800018, closed financial year 2024 with a result of € 9,636 after tax. For that financial year NOVAC recorded a gross margin of € 81,229 and equity of € 481,884. Compared with financial year 2023, the result moved from € 84,274 to € 9,636. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.
€ 481,884
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,636
▼ 89% vs 2023
Profit after tax over the fiscal year.
€ 180,034
▼ 48% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 463,284.
Debts at end 2024
€ 1,950
▼ 81% vs 2023
Loans from banks and other lenders, long and short.
€ 20,345
▲ 146% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 68,553
▲ 16% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 77,732 | € 90,188 | € 189,739 | € 81,229 | ▼ 57% |
| Profit after taxes | € 13,708 | € 21,016 | € 84,274 | € 9,636 | ▼ 89% |
| Equity | € 366,958 | € 387,974 | € 472,248 | € 481,884 | ▲ 2% |
| Total debts | € 325,164 | € 317,018 | € 331,351 | € 357,347 | ▲ 8% |
| Cash | € 95,305 | € 126,991 | € 344,948 | € 180,034 | ▼ 48% |
| Land & buildings | € 627,523 | € 601,229 | € 448,389 | € 422,800 | ▼ 6% |
| Retained profit | € 348,358 | € 369,374 | € 453,648 | € 463,284 | ▲ 2% |
| Bank debt | € 80,938 | € 59,990 | € 10,524 | € 1,950 | ▼ 81% |
| Balance sheet total | € 738,100 | € 749,186 | € 829,263 | € 864,895 | ▲ 4% |
Key figures of NOVAC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NOVAC?
What happened at NOVAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 9,636 (▼ 89% vs 2023). filed late Source: NBB ↗
- Frederik NOLLET became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,708 profit in 2021 to € 9,636 profit in 2024.
Paid € 73,711 in corporate taxes since 2021.
Best year ever: 2023, with € 84,274 profit.
Management
Behind NOVAC is Frederik NOLLET.
Directors
According to the 2024 annual accounts
Frederik NOLLET
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Poortakkerstraat 93
9051 Gent
Oosthinderstraat 7
8400 Oostende
Active since 7 November 1983
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.800.018
- VAT number
- BE 0424.800.018
- Registered office
- Poortakkerstraat 93, 9051 Gent
- Names & denominations
- NOVAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 1983
- Peppol
- Active · Active since 11 Feb 2026
- Activities · NACE
Logistieke diensten
Overige vervoerondersteunende activiteiten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Vrachtbehandeling in zeehavens