Financials
Financial year 2025
Novitan from Kortrijk, company number BE0446988767, closed financial year 2025 with a result of € 3 million after tax. For that financial year Novitan recorded a gross margin of € 4.8 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 3.2 million to € 3 million. 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 31, 2025.
€ 5.1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 274% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3 million paid out
99 % of the profit went to the shareholders, mostly to Oxico (100 % of the shares). That is where the money ends up.
People and assets in 2025
12.9
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 11% vs 2024
€ 81,600 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.
€ 115,118
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.2 million
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 239,015
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,829,083 | € 4,522,817 | € 4,984,279 | € 4,803,894 | ▼ 4% |
| Profit after taxes | € 3,793,965 | € 2,992,450 | € 3,226,211 | € 3,042,633 | ▼ 6% |
| Equity | € 4,763,089 | € 4,950,459 | € 5,021,593 | € 5,059,170 | ▲ 1% |
| Total debts | € 5,648,360 | € 6,726,341 | € 5,773,309 | € 4,435,602 | ▼ 23% |
| Cash | € 958,064 | € 1,115,685 | € 428,529 | € 1,603,425 | ▲ 274% |
| Retained profit | € 4,576,477 | € 4,768,927 | € 4,845,138 | € 4,887,770 | ▲ 1% |
| Dividend | € 3,300,000 | € 2,800,000 | € 3,150,000 | € 3,000,000 | ▼ 5% |
| Bank debt | € 4,281 | € 227 | € 0 | € 0 | |
| Balance sheet total | € 10,411,449 | € 11,676,800 | € 10,794,902 | € 9,494,772 | ▼ 12% |
| Employees (FTE) | 10.6 | 11.2 | 12.4 | 12.9 | ▲ 0.5 |
Key figures of Novitan, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to Novitan?
What happened at Novitan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Valoc BV stepped down as director. NBB
- Oxico NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▼ 6% vs 2024). Source: NBB ↗
- Valoc BV became a director. NBB
- Oxico NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.8 million profit in 2022 to € 3 million profit in 2025.
Paid € 2.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.8 million profit.
On average € 372,400 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Oxico comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NovitanThe shares are held by Oxico (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Evolis(Kor) 29
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Domain
Domain
novitan.com
Registered
2019-02-12
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-02-12
Website info
Features
Security
Details
- Company number
- 0446.988.767
- VAT number
- BE 0446.988.767
- Registered office
- Evolis(Kor) 29, 8500 Kortrijk
- Names & denominations
- Novitan
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1992
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- novitan.com [email protected] 056 96 50 50
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Groothandel in farmaceutische producten