What does NOVASOL do?

NOVASOL is a wholesaler in Kraainem. Public Limited, started on 10 June 1997, 1 establishment.

What is the address of NOVASOL?

The registered office of NOVASOL is located at Steenweg op Mechelen 455, 1950 Kraainem.

Is NOVASOL still active?

Yes. According to the CBE (31 October 2026) NOVASOL is active, legal situation “Normale toestand”, started on 10 June 1997.

Is NOVASOL registered on Peppol?

Yes, NOVASOL is registered on the Peppol network with ID 0208:0460802557.

What is the enterprise number of NOVASOL?

The enterprise number of NOVASOL is BE0460802557.

When was NOVASOL founded?

NOVASOL was founded on 10 June 1997.

Who are the directors of NOVASOL?

According to the 2024 annual accounts, the directors of NOVASOL are: François-Xavier Coiffard, Anthony Okmez, Annie Okmez.

Is NOVASOL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 June 1997; 4 annual accounts filed, latest fiscal year 2024; 3 directors known from the annual account.

How much profit did NOVASOL make in 2024?

NOVASOL posted a profit after taxes of € 6,118,536 in financial year 2024.

What is the revenue of NOVASOL?

In its most recent annual accounts (2024), NOVASOL reported revenue of € 77,928,928.

How much does an employee at NOVASOL earn?

The average wage cost per full-time employee at NOVASOL was € 149,100 in 2024: staff costs of € 1.9 million for 12.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does NOVASOL have?

According to the 2024 annual accounts, NOVASOL has 12.9 full-time equivalents (FTE).

NOVASOL (Public Limited) - Kraainem - BE0460802557

Dossier NOVASOL, printed on 31 October 2026 from databakkes.be/en/0460802557/novasol. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

NOVASOL from Kraainem, company number BE0460802557, closed financial year 2024 with a result of € 6.1 million after tax. For that financial year NOVASOL recorded revenue of € 77.9 million and equity of € 9.4 million. Compared with financial year 2023, the result moved from € 8.6 million to € 6.1 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2025.

What it is worth Growing

€ 9.4 million

▲ 1% vs 2023

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

Profit Healthy

€ 6.1 million

▼ 29% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 14.6 million

▼ 5% vs 2023

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

Where the profit goes Pays out

€ 6 million paid out

98 % of the profit went to the shareholders, mostly to EGREGORA NV (100 % of the shares). That is where the money ends up.

People and assets in 2024

Full-time equivalents

12.9

▲ 0.2 vs 2023

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 8.1 million in 2024, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.9 million

▲ 40% vs 2023

€ 149,100 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

€ 50,370

▼ 30% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 19.7 million

▲ 27% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 8.6 million

▲ 15% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.

Taxes and wages

€ 526,711

▼ 50% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 90,183,837 Revenue 2021: € 90,183,837 First fiscal year in the series	€ 104,123,718 Revenue 2022: € 104,123,718 ▲ 15% vs 2021 (€ 90,183,837) Favourable step	€ 84,939,796 Revenue 2023: € 84,939,796 ▼ 18% vs 2022 (€ 104,123,718) Unfavourable step	€ 77,928,928 Revenue 2024: € 77,928,928 ▼ 8% vs 2023 (€ 84,939,796) Unfavourable step	▼ 8%
Profit after taxes	€ 4,278,598 Profit after taxes 2021: € 4,278,598 First fiscal year in the series	€ 3,943,595 Profit after taxes 2022: € 3,943,595 ▼ 8% vs 2021 (€ 4,278,598) Unfavourable step	€ 8,603,462 Profit after taxes 2023: € 8,603,462 ▲ 118% vs 2022 (€ 3,943,595) Favourable step	€ 6,118,536 Profit after taxes 2024: € 6,118,536 ▼ 29% vs 2023 (€ 8,603,462) Unfavourable step	▼ 29%
Equity	€ 8,801,642 Equity 2021: € 8,801,642 First fiscal year in the series	€ 5,645,237 Equity 2022: € 5,645,237 ▼ 36% vs 2021 (€ 8,801,642) Unfavourable step	€ 9,248,699 Equity 2023: € 9,248,699 ▲ 64% vs 2022 (€ 5,645,237) Favourable step	€ 9,367,235 Equity 2024: € 9,367,235 ▲ 1% vs 2023 (€ 9,248,699) Favourable step	▲ 1%
Total debts	€ 35,800,670 Total debts 2021: € 35,800,670 First fiscal year in the series	€ 39,733,204 Total debts 2022: € 39,733,204 ▲ 11% vs 2021 (€ 35,800,670) Unfavourable step	€ 30,696,651 Total debts 2023: € 30,696,651 ▼ 23% vs 2022 (€ 39,733,204) Favourable step	€ 38,154,748 Total debts 2024: € 38,154,748 ▲ 24% vs 2023 (€ 30,696,651) Unfavourable step	▲ 24%
Cash	€ 1,184,514 Cash 2021: € 1,184,514 First fiscal year in the series	€ 4,842,062 Cash 2022: € 4,842,062 ▲ € 3.7 million vs 2021 (€ 1,184,514) Favourable step	€ 15,365,581 Cash 2023: € 15,365,581 ▲ 217% vs 2022 (€ 4,842,062) Favourable step	€ 14,607,586 Cash 2024: € 14,607,586 ▼ 5% vs 2023 (€ 15,365,581) Unfavourable step	▼ 5%
Retained profit	€ 8,361,642 Retained profit 2021: € 8,361,642 First fiscal year in the series	€ 5,205,237 Retained profit 2022: € 5,205,237 ▼ 38% vs 2021 (€ 8,361,642) Unfavourable step	€ 8,808,699 Retained profit 2023: € 8,808,699 ▲ 69% vs 2022 (€ 5,205,237) Favourable step	€ 8,927,235 Retained profit 2024: € 8,927,235 ▲ 1% vs 2023 (€ 8,808,699) Favourable step	▲ 1%
Dividend	€ 2,580,000 Dividend 2021: € 2,580,000 First fiscal year in the series	€ 7,100,000 Dividend 2022: € 7,100,000 ▲ 175% vs 2021 (€ 2,580,000) Unchanged	€ 5,000,000 Dividend 2023: € 5,000,000 ▼ 30% vs 2022 (€ 7,100,000) Unchanged	€ 6,000,000 Dividend 2024: € 6,000,000 ▲ 20% vs 2023 (€ 5,000,000) Unchanged	▲ 20%
Bank debt	€ 20,309,246 Bank debt 2021: € 20,309,246 First fiscal year in the series	€ 23,739,973 Bank debt 2022: € 23,739,973 ▲ 17% vs 2021 (€ 20,309,246) Unfavourable step	€ 15,484,885 Bank debt 2023: € 15,484,885 ▼ 35% vs 2022 (€ 23,739,973) Favourable step	€ 19,680,488 Bank debt 2024: € 19,680,488 ▲ 27% vs 2023 (€ 15,484,885) Unfavourable step	▲ 27%
Balance sheet total	€ 44,668,746 Balance sheet total 2021: € 44,668,746 First fiscal year in the series	€ 45,507,468 Balance sheet total 2022: € 45,507,468 ▲ 2% vs 2021 (€ 44,668,746) Unchanged	€ 40,309,450 Balance sheet total 2023: € 40,309,450 ▼ 11% vs 2022 (€ 45,507,468) Unchanged	€ 47,635,453 Balance sheet total 2024: € 47,635,453 ▲ 18% vs 2023 (€ 40,309,450) Unchanged	▲ 18%
Employees (FTE)	15.8 Employees (FTE) 2021: 15.8 First fiscal year in the series	13.9 Employees (FTE) 2022: 13.9 ▼ 1.9 vs 2021 (15.8) Unchanged	12.7 Employees (FTE) 2023: 12.7 ▼ 1.2 vs 2022 (13.9) Unchanged	12.9 Employees (FTE) 2024: 12.9 ▲ 0.2 vs 2023 (12.7) Unchanged	▲ 0.2

Key figures of NOVASOL, 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 NOVASOL?

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

2031 Anthony Okmez stepped down as director. NBB
2027 Annie Okmez stepped down as director. NBB
2026 François-Xavier Coiffard stepped down as director. NBB
Oct 1, 2025 New annual accounts for financial year 2024: profit of € 6.1 million (▼ 29% vs 2023). filed late Source: NBB ↗
2024 Anthony Okmez became a director. NBB
2021 Annie Okmez became a director. NBB
2020 François-Xavier Coiffard became a director. NBB
Jun 13, 1997 New establishment in Kraainem. KBO

In short

From € 4.3 million profit in 2021 to € 6.1 million profit in 2024.

Paid € 4.1 million in corporate taxes since 2021.

Best year ever: 2023, with € 8.6 million profit.

Paid out € 20.7 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

EGREGORA NV 100%

NOVASOL

Novasol Chemie Gmbh 100%

NOVASOL CHEMICALS ITALIA SRL 100%

NOVASOL CHEMICALS KİMYA SANAYİ VE TİCARET ANONİM ŞİRKETİ 100%

Novasol Chemicals Switzerland GmbH 100%

The shares are held by EGREGORA NV (100%). It owns 100% of Novasol Chemie Gmbh, 100% of NOVASOL CHEMICALS ITALIA SRL, 100% of NOVASOL CHEMICALS KİMYA SANAYİ VE TİCARET ANONİM ŞİRKETİ, 100% of Novasol Chemicals Switzerland GmbH, 100% of NOVASOL CHEMICALS FRANCE SAS and 100% of NOVASOL CHEMICALS UK Ltd itself.

Directors

According to the 2024 annual accounts

François-Xavier Coiffard

Director

since 2020 · until 2026

Anthony Okmez

Director

since 2024 · until 2031

Annie Okmez

Director

Also active at: BEIL

since 2021 · until 2027

Shareholders

EGREGORA NV

100%

Participations

Novasol Chemie Gmbh

100%

NOVASOL CHEMICALS ITALIA SRL

100%

NOVASOL CHEMICALS KİMYA SANAYİ VE TİCARET ANONİM ŞİRKETİ

100%

Novasol Chemicals Switzerland GmbH

100%

NOVASOL CHEMICALS FRANCE SAS

100%

NOVASOL CHEMICALS UK Ltd

100%

Novasol North America Inc

100%

NOVASOL CHEMICALS IBERICA

78%

Novasol Hong Kong Limited

75%

Novasol China Limited

75%

GLOKEM PRO DISTRIBUTION S.L.U.

Establishments

Establishment units

Physical locations of this company

Registered office

Steenweg op Mechelen 455

1950 Kraainem

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

Details

Company number

0460.802.557

VAT number

BE 0460.802.557

Registered office

Steenweg op Mechelen 455, 1950 Kraainem

Names & denominations

NOVASOL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 June 1997

Peppol

Active · Active since 22 Dec 2025

Activities · NACE

Groothandel in chemische producten voor industrieel gebruik

Groothandel in chemische producten

View on CBE Public ↗ Annual accounts (NBB) ↗

NOVASOL

Financials

What happened to NOVASOL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions