Financials
Financial year 2025
NovelYeast from Oud-Heverlee, company number BE0732508366, closed financial year 2025 with a result of € 335,768 after tax. For that financial year NovelYeast recorded a gross margin of € 1.4 million and equity of € 330,024. Compared with financial year 2024, the result moved from € 43,376 to € 335,768. 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 July 5, 2026.
€ 330,024
▲ € 295,768 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 335,768
▲ € 292,392 vs 2024
Profit after tax over the fiscal year.
€ 124,542
▲ 121% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
12 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 930,013
▲ 42% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 881
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 456,352
▲ 176% vs 2024
€ 139,718 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 9,052
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 113,157
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 372,924 | € 597,761 | € 749,032 | € 1,350,506 | ▲ 80% |
| Profit after taxes | € 16,968 | € 5,031 | € 43,376 | € 335,768 | ▲ € 292,392 |
| Equity | € 25,849 | € 30,880 | € 34,256 | € 330,024 | ▲ € 295,768 |
| Total debts | € 306,265 | € 351,239 | € 328,712 | € 638,309 | ▲ 94% |
| Cash | € 135,085 | € 95,979 | € 56,228 | € 124,542 | ▲ 121% |
| Retained profit | € 19,349 | € 24,380 | € 27,756 | € 323,524 | ▲ € 295,768 |
| Dividend | € 0 | € 0 | € 40,000 | € 40,000 | |
| Bank debt | € 218,076 | € 206,529 | € 165,238 | € 456,352 | ▲ 176% |
| Balance sheet total | € 332,114 | € 382,119 | € 362,968 | € 968,333 | ▲ 167% |
Key figures of NovelYeast, 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 NovelYeast?
What happened at NovelYeast in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 335,768 (▲ € 292,392 vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- New establishment in Oud-Heverlee. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,968 profit in 2022 to € 335,768 profit in 2025.
Paid € 271 in corporate taxes since 2022.
Best year ever: 2025, with € 335,768 profit.
Paid out € 80,000 in dividends to the owners in total.
Management
Behind NovelYeast is Johan Thevelein.
Directors
According to the 2025 annual accounts
Johan Thevelein
Director
Establishments
Establishment units
Physical locations of this company
Banhagestraat 40
3052 Oud-Heverlee
Gaston Geenslaan 3 box BIO4
3001 Leuven
Active since 1 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0732.508.366
- VAT number
- BE 0732.508.366
- Registered office
- Banhagestraat 40, 3052 Oud-Heverlee
- Names & denominations
- NovelYeast
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 2019
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
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Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied