NOWAK is a joinery in As. Private Limited, started on 12 May 1993, 1 establishment.

What is the address of NOWAK?

The registered office of NOWAK is located at Vennekeslaan 9, 3665 As.

Is NOWAK still active?

Yes. According to the CBE (29 October 2026) NOWAK is active, legal situation “Normale toestand”, started on 12 May 1993.

Is NOWAK registered on Peppol?

Yes, NOWAK is registered on the Peppol network with ID 0208:0450088908.

What is the enterprise number of NOWAK?

The enterprise number of NOWAK is BE0450088908.

When was NOWAK founded?

NOWAK was founded on 12 May 1993.

Who are the directors of NOWAK?

According to the 2025 annual accounts, the directors of NOWAK are: Initium BV.

Is NOWAK a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 May 1993; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did NOWAK make in 2025?

NOWAK posted a profit after taxes of € 48,098 in financial year 2025.

What is the revenue of NOWAK?

As a small company, NOWAK is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 242,163.

How much does an employee at NOWAK earn?

The average wage cost per full-time employee at NOWAK was € 56,900 in 2025: staff costs of € 159,259 for 2.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NOWAK have?

According to the 2025 annual accounts, NOWAK has 2.8 full-time equivalents (FTE).

Does NOWAK have a website?

Yes, NOWAK has a website at nowak.be.

NOWAK (Private Limited) - As - BE0450088908

Dossier NOWAK, printed on 29 October 2026 from databakkes.be/en/0450088908/nowak. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 3 of the last 4 fiscal years.

Financials

Financial year 2025

NOWAK from As, company number BE0450088908, closed financial year 2025 with a result of € 48,098 after tax. For that financial year NOWAK recorded a gross margin of € 242,163 and equity of € -13,785. Compared with financial year 2024, the result moved from € -59,844 to € 48,098. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.

What it is worth Caution

€ -13,785

▲ € 48,098 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 48,098

▲ still € 59,844 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 21,059

▲ 116% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -38,785.

People and assets in 2025

Full-time equivalents

2.8

▲ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 159,259

▲ 22% vs 2024

€ 56,900 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.

Vehicles and equipment

€ 2,505

▼ 69% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 18 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 610,171

▲ 1% vs 2024

€ 28,088 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 121,260

▲ 64% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 21,763

▲ 41% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 207,227 Gross margin 2022: € 207,227 First fiscal year in the series	€ 90,203 Gross margin 2023: € 90,203 ▼ 56% vs 2022 (€ 207,227) Unfavourable step	€ 99,874 Gross margin 2024: € 99,874 ▲ 11% vs 2023 (€ 90,203) Favourable step	€ 242,163 Gross margin 2025: € 242,163 ▲ 142% vs 2024 (€ 99,874) Favourable step	▲ 142%
Profit after taxes	€ 15,899 Profit after taxes 2022: € 15,899 First fiscal year in the series	€ -106,551 Profit after taxes 2023: € -106,551 ▼ € 122,450 vs 2022 (€ 15,899) Unfavourable step	€ -59,844 Profit after taxes 2024: € -59,844 ▲ € 46,707 vs 2023 (€ -106,551) Favourable step	€ 48,098 Profit after taxes 2025: € 48,098 ▲ € 107,942 vs 2024 (€ -59,844) Favourable step	▲ € 107,942
Equity	€ 104,512 Equity 2022: € 104,512 First fiscal year in the series	€ -2,039 Equity 2023: € -2,039 ▼ € 106,551 vs 2022 (€ 104,512) Unfavourable step	€ -61,883 Equity 2024: € -61,883 ▼ € 59,844 vs 2023 (€ -2,039) Unfavourable step	€ -13,785 Equity 2025: € -13,785 ▲ € 48,098 vs 2024 (€ -61,883) Favourable step	▲ € 48,098
Total debts	€ 440,511 Total debts 2022: € 440,511 First fiscal year in the series	€ 576,938 Total debts 2023: € 576,938 ▲ 31% vs 2022 (€ 440,511) Unfavourable step	€ 695,322 Total debts 2024: € 695,322 ▲ 21% vs 2023 (€ 576,938) Unfavourable step	€ 754,505 Total debts 2025: € 754,505 ▲ 9% vs 2024 (€ 695,322) Unfavourable step	▲ 9%
Cash	€ 10,074 Cash 2022: € 10,074 First fiscal year in the series	€ 2,252 Cash 2023: € 2,252 ▼ 78% vs 2022 (€ 10,074) Unfavourable step	€ 9,758 Cash 2024: € 9,758 ▲ € 7,506 vs 2023 (€ 2,252) Favourable step	€ 21,059 Cash 2025: € 21,059 ▲ 116% vs 2024 (€ 9,758) Favourable step	▲ 116%
Land & buildings	€ 36,590 Land & buildings 2022: € 36,590 First fiscal year in the series	€ 35,490 Land & buildings 2023: € 35,490 ▼ 3% vs 2022 (€ 36,590) Unchanged	€ 34,390 Land & buildings 2024: € 34,390 ▼ 3% vs 2023 (€ 35,490) Unchanged	€ 33,290 Land & buildings 2025: € 33,290 ▼ 3% vs 2024 (€ 34,390) Unchanged	▼ 3%
Retained profit	€ 79,512 Retained profit 2022: € 79,512 First fiscal year in the series	€ -27,039 Retained profit 2023: € -27,039 ▼ € 106,551 vs 2022 (€ 79,512) Unfavourable step	€ -86,883 Retained profit 2024: € -86,883 ▼ € 59,844 vs 2023 (€ -27,039) Unfavourable step	€ -38,785 Retained profit 2025: € -38,785 ▲ € 48,098 vs 2024 (€ -86,883) Favourable step	▲ € 48,098
Bank debt	€ 225,000 Bank debt 2022: € 225,000 First fiscal year in the series	€ 211,947 Bank debt 2023: € 211,947 ▼ 6% vs 2022 (€ 225,000) Favourable step	€ 602,021 Bank debt 2024: € 602,021 ▲ 184% vs 2023 (€ 211,947) Unfavourable step	€ 610,171 Bank debt 2025: € 610,171 ▲ 1% vs 2024 (€ 602,021) Unfavourable step	▲ 1%
Balance sheet total	€ 545,023 Balance sheet total 2022: € 545,023 First fiscal year in the series	€ 574,899 Balance sheet total 2023: € 574,899 ▲ 5% vs 2022 (€ 545,023) Unchanged	€ 633,439 Balance sheet total 2024: € 633,439 ▲ 10% vs 2023 (€ 574,899) Unchanged	€ 740,721 Balance sheet total 2025: € 740,721 ▲ 17% vs 2024 (€ 633,439) Unchanged	▲ 17%
Employees (FTE)	3.7 Employees (FTE) 2022: 3.7 First fiscal year in the series	2.6 Employees (FTE) 2023: 2.6 ▼ 1.1 vs 2022 (3.7) Unchanged	2.1 Employees (FTE) 2024: 2.1 ▼ 0.5 vs 2023 (2.6) Unchanged	2.8 Employees (FTE) 2025: 2.8 ▲ 0.7 vs 2024 (2.1) Unchanged	▲ 0.7

Key figures of NOWAK, 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 July 2027.

What happened to NOWAK?

What happened at NOWAK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 28, 2026 New annual accounts for financial year 2025: profit of € 48,098. Source: NBB ↗
2020 Initium BV became a director. NBB
Jun 1, 1993 New establishment in As. KBO
May 12, 1993 Start of the company according to the CBE. KBO

In short

From € 15,899 profit in 2022 to € 48,098 profit in 2025.

Paid € 97 in corporate taxes since 2022.

Best year ever: 2025, with € 48,098 profit.

On average € 86,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BV Invest 100%

The stake of BV Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

NOWAK

Behind NOWAK is Initium BV. The shares are held by BV Invest (100%).

Directors

According to the 2025 annual accounts

Initium BV

Director · represented by Maarten Bynens

Also active at: GENKER MACHINENFABRIEK, Seculux Invest, DECO GROUP, SECULUX, LVC SOLUTIONS, AVISO, DECOLINE, U PLASTICS +11 more

since 2020

Shareholders

BV Invest

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vennekeslaan 9

3665 As

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS nowak.be

Canonical: https://www.nowak.be

Technologies

Advanced Custom FieldsGoogle App EngineLodashPWAReactWixlazysizes

Certifications & Partners

UNIZO

Hosting & Email

Email provider

Microsoft 365

Hosting

WIX_COM, IL

Website info

HTTPS Ja

Languages NL

Features

Webshop

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0450.088.908

VAT number

BE 0450.088.908

Registered office

Vennekeslaan 9, 3665 As

Names & denominations

NOWAK

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 May 1993

Peppol

Active · Active since 19 May 2025

Contact

nowak.be +32 89 65 90 00

Activities · NACE

Vervaardiging van ander schrijn- en timmerwerk

Vervaardiging van schrijn- en timmerwerk

View on CBE Public ↗ Annual accounts (NBB) ↗

NOWAK

Warning lights

Financials

What happened to NOWAK?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions