Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2026; threshold 65 %.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2026.
Financials
Financial year 2026
NOVIFOR from Jabbeke, company number BE0439148791, closed financial year 2026 with a result of € 2,985 after tax. For that financial year NOVIFOR recorded a gross margin of € 678,486 and equity of € 900,478. Compared with financial year 2025, the result moved from € 22,573 to € 2,985. 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 October 26, 2026.
€ 900,478
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,985
▼ 87% vs 2025
Profit after tax over the fiscal year.
€ 81,801
▲ 6% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 404,691.
People and assets in 2026
7.2
▼ 0.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 561,011
€ 77,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,928
▼ 29% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 340,000
▼ 14% vs 2025
Loans from banks and other lenders, long and short.
€ 68,286
▲ 236% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 56,049
▲ 30% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 545,389 | € 656,745 | € 715,725 | € 678,486 | ▼ 5% |
| Profit after taxes | € 898 | € 55,005 | € 22,573 | € 2,985 | ▼ 87% |
| Equity | € 819,915 | € 874,921 | € 897,493 | € 900,478 | |
| Total debts | € 639,035 | € 521,236 | € 491,289 | € 535,143 | ▲ 9% |
| Cash | € 52,998 | € 17,553 | € 76,996 | € 81,801 | ▲ 6% |
| Land & buildings | € 143,655 | € 142,418 | € 142,300 | € 142,300 | |
| Retained profit | € 324,128 | € 379,134 | € 401,706 | € 404,691 | ▲ 1% |
| Bank debt | € 593,812 | € 472,239 | € 393,431 | € 340,000 | ▼ 14% |
| Balance sheet total | € 1,458,951 | € 1,396,157 | € 1,388,782 | € 1,435,621 | ▲ 3% |
| Employees (FTE) | 6.2 | 6.8 | 7.7 | 7.2 | ▼ 0.5 |
Key figures of NOVIFOR, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to NOVIFOR?
What happened at NOVIFOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fortinorm BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 2,985 (▼ 87% vs 2025). Source: NBB ↗
- Fortinorm BV became a director. NBB
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 898 profit in 2023 to € 2,985 profit in 2026.
Paid € 12,886 in corporate taxes since 2023.
Best year ever: 2024, with € 55,005 profit.
On average € 94,200 of value added per employee in 2026.
Management
Behind NOVIFOR is Martine Claeys. Martine Claeys is also behind M10C.
Directors
According to the 2026 annual accounts
Director · represented by Laurent Forton
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Cathilleweg 43B
8490 Jabbeke
Cathilleweg 43 B
8490 Jabbeke
Active since 20 December 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.148.791
- VAT number
- BE 0439.148.791
- Registered office
- Cathilleweg 43B, 8490 Jabbeke
- Names & denominations
- NOVIFOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1989
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Vervaardiging van andere producten van kunststof
Vervaardiging van overige producten van kunststof
Overige detailhandel in nieuwe artikelen neg
Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.