Novabil
Brugsesteenweg 261
8500 Kortrijk
BE
Public Limited Company
Juridical Situation11/10/1966
Medium
Wholesale and retail trade and repair of motor vehicles and motorcycles
Retail trade excluding repair of motor vehicles and motorcycles
ESG Risk Cases
13/11/2018Former accountant of Volvo dealer Novabil sentenced to 40 months in prison for embezzlementHIGH ALERTRESOLVEDRESPONSE RECEIVED
Accusation
In November 2018, a former accountant of Volvo dealer Novabil in Kortrijk was sentenced to 40 months…
Timeline
First report on 25/9/2018 by Het Laatste Nieuws.
Since then, updated 2 times
Last update on 13/11/2018.
UNGC Violation Risks
Involved Companies
Novabil
Sentiment Attention Over Time
The Sentiment Attention is produced by AI models developed by Sentometrics. Articles are connected to companies based on public information like company names, sectors, locations, linked companies, and company directors. Themes are assigned using keywords, and sentiment is analyzed with the help of AI prompts. A human team reviews and helps the system learn and improve over time.
Recent Relevant News
| Date | Sentiment | Theme | Headline | Source |
|---|---|---|---|---|
Date 24/11/2025 | Sentiment Positive | Theme Other | Title Positive Update - Nov 24 | Source Source 1 |
Date 22/5/2025 | Sentiment Positive | Theme Other | Title Positive Update - May 22 | Source Source 2 |
Date 17/1/2025 | Sentiment Positive | Theme Other | Title Positive Update - Jan 17 | Source Source 3 |
Date 15/1/2025 | Sentiment Positive | Theme Other | Title Positive Update - Jan 15 | Source Source 4 |
Date 15/10/2024 | Sentiment Positive | Theme Other | Title Positive Update - Oct 15 | Source Source 5 |
Unlock 25+ years of newsUnlock | ||||
Often Mentioned With
Company Network
Financials
as of 31/12/2023
Key highlights
- Novabil turnover surged to €80.2M (+€27.5M), while generating a net profit of €1.4M (2% margin, 22% ROE).
- Financial position remains leveraged with total assets of €34M and a solvency ratio of 18%.
- Workforce efficiency is strong with 53 FTE generating an average turnover of €1.5M per employee.
Frequently Asked Questions
The VAT number for Novabil is BE 0405357654.
Novabil was established on 10 November 1966 and has been operating for 59 years.
The registered address for Novabil is Brugsesteenweg 261, 8500 Kortrijk, BE.
The latest annual accounts for Novabil for the year 2023 were filed on 10/7/2024.
Based on the most recent annual accounts, Novabil reports 53 FTEs.
In its latest annual accounts, Novabil reported a turnover of €80.2M.
Novabil is registered under the following NACE activities: Wholesale and retail trade and repair of motor vehicles and motorcycles, Retail trade excluding repair of motor vehicles and motorcycles.
No. We currently do not list any unresolved ESG risk cases for Novabil.