Warning lights
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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Novan from Diest, company number BE0427042302, closed financial year 2025 with a result of € 6,462 after tax. For that financial year Novan recorded a gross margin of € 53,293 and equity of € 355,294. Compared with financial year 2024, the result moved from € -5,320 to € 6,462. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 18, 2026.
€ 355,294
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,462
▲ still € 5,320 loss in 2024
Profit after tax over the fiscal year.
€ 6,318
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 293,794.
People and assets in 2025
€ 9,526
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 606,969
▼ 5% vs 2024
€ 32,055 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 91
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,268 | € 48,675 | € 43,261 | € 53,293 | ▲ 23% |
| Profit after taxes | € -103,015 | € -554 | € -5,320 | € 6,462 | ▲ € 11,782 |
| Equity | € 354,707 | € 354,153 | € 348,832 | € 355,294 | ▲ 2% |
| Total debts | € 912,289 | € 938,819 | € 846,587 | € 810,098 | ▼ 4% |
| Cash | € 70,554 | € 72,242 | € 6,462 | € 6,318 | ▼ 2% |
| Land & buildings | € 1,363,222 | € 1,381,362 | € 1,343,466 | € 1,306,941 | ▼ 3% |
| Retained profit | € 293,207 | € 292,653 | € 287,332 | € 293,794 | ▲ 2% |
| Bank debt | € 850,000 | € 669,503 | € 638,496 | € 606,969 | ▼ 5% |
| Balance sheet total | € 1,443,798 | € 1,463,679 | € 1,360,031 | € 1,323,909 | ▼ 3% |
Key figures of Novan, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Novan?
What happened at Novan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kathleen Nolmans stepped down as director. NBB
- Louis Nolmans stepped down as director. NBB
- Johan Nolmans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,462. Source: NBB ↗
- Kathleen Nolmans became a director. NBB
- Louis Nolmans became a director. NBB
- Johan Nolmans became a director. NBB
- New establishment in Diest. KBO
In short
From € 103,015 loss in 2022 to € 6,462 profit in 2025.
Best year ever: 2025, with € 6,462 profit.
Management
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Postbaan 120
3290 Diest
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.042.302
- VAT number
- BE 0427.042.302
- Registered office
- Postbaan 120, 3290 Diest
- Names & denominations
- Novan
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 1984
- Peppol
- Not registered