Ets NOEL
ActiveSummary
The latest annual accounts of Ets NOEL were filed more than 90 days after the deadline. The 2020 annual accounts show a net result of -€9,334. Its net result ranks better than 24% of 13938 sector peers (fiscal year 2020). The company has been active since 1992 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability41▲+6
Solvency-
Growth32=
Track record92
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Solvency, return and age of the figures
Return on assets
-1%
Age of the figures
69 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 20-06-2022, 324 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
324 d late
2019
129 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 227 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2020, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€9,334▼ 8.9%
2019 · -€8,569
Working capital
€552,907▼ 0.1%
2019 · €553,221
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€6,241--€286€343
Net result-€2,431--€8,569▼ 252%-€9,334▼ 8.9%
Equity€572,624-€564,055▼ 1.5%
Total assets€988,316-€942,104▼ 4.7%€931,905▼ 1.1%
Debt€415,692-€378,049▼ 9.1%€377,184▼ 0.2%
Working capital€551,571-€553,221▲ 0.3%€552,907▼ 0.1%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €343 after a loss of €286 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €931,905
Fixed assets
€50,897 ▼ 34.3%
Current assets
€881,008 ▲ 1.9%
Key figures and ratios
EBITDA
€26,897▼
2019 · €27,076
Cash flow
€17,220▼
2019 · €18,793
Current ratio
2.69▼
2019 · 2.78
ROA
-1.0%▼
2019 · -0.9%
Interest coverage
2.83
Debt ≤ 1 year
€328,101▲
2019 · €311,432
Debt > 1 year
€48,666▼
2019 · €66,617
Income taxes
€231▼
2019 · €261
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,797 | €27,362 | €26,554 | ▼ 3.0% |
| Other operating charges640/8 | - | - | €11,780 | - |
| Gross operating margin9900 | €50,768 | €56,262 | €38,677 | ▼ 31.3% |
| Operating profit (loss)9901 | €6,241 | -€286 | €343 | ▲ 220% |
| Financial income75/76B | - | - | €58 | - |
| Recurring financial income75 | €10 | - | €58 | - |
| Financial charges65/66B | - | - | €9,504 | - |
| Recurring financial charges65 | €2 | €8,022 | €9,504 | ▲ 18.5% |
| Profit (loss) for the period before taxes9903 | -€2,312 | -€8,308 | -€9,103 | ▼ 9.6% |
| Income taxes67/77 | €119 | €261 | €231 | ▼ 11.5% |
| Profit (loss) for the period9904 | -€2,431 | -€8,569 | -€9,334 | ▼ 8.9% |
| Profit (loss) for the period to be appropriated9905 | -€2,431 | -€8,569 | -€9,334 | ▼ 8.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €988,316 | €942,104 | €931,905 | ▼ 1.1% |
| Fixed assets21/28 | €104,813 | €77,451 | €50,897 | ▼ 34.3% |
| Intangible fixed assets21 | €36,480 | €27,360 | €18,240 | ▼ 33.3% |
| Tangible fixed assets22/27 | €68,333 | €50,091 | €32,657 | ▼ 34.8% |
| Land and buildings22 | - | - | €32,252 | - |
| Furniture and vehicles24 | - | - | €405 | - |
| Current assets29/58 | €883,503 | €864,653 | €881,008 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €754,299 | €764,828 | €799,434 | ▲ 4.5% |
| Trade receivables40 | - | - | €230,650 | - |
| Other amounts receivable41 | - | - | €568,784 | - |
| Cash at bank and in hand54/58 | €122,283 | €95,042 | €64,319 | ▼ 32.3% |
| Deferred charges and accrued income490/1 | - | - | €17,255 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €988,316 | €942,104 | €931,905 | ▼ 1.1% |
| Equity10/15 | €572,624 | €564,055 | - | - |
| Contributions10/11 | €92,960 | €92,960 | €92,960 | = |
| Capital10 | - | - | €92,960 | - |
| Issued capital100 | - | - | €92,960 | - |
| Reserves13 | €45,024 | €45,024 | €45,024 | = |
| Non-distributable reserves130/1 | - | - | €9,296 | - |
| Legal reserve130 | - | - | €9,296 | - |
| Tax-exempt reserves132 | - | - | €35,728 | - |
| Profit (loss) carried forward14 | €434,640 | €426,071 | €416,737 | ▼ 2.2% |
| Amounts payable17/49 | €415,692 | €378,049 | €377,184 | ▼ 0.2% |
| Amounts payable after more than one year17 | €83,760 | €66,617 | €48,666 | ▼ 26.9% |
| Financial debts170/4 | - | - | €48,666 | - |
| Amounts payable within one year42/48 | €331,932 | €311,432 | €328,101 | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | - | - | €17,951 | - |
| Financial debts43 | - | - | €8,000 | - |
| Other loans439 | - | - | €8,000 | - |
| Trade debts44 | €226,892 | €230,258 | €241,141 | ▲ 4.7% |
| Suppliers440/4 | - | - | €241,141 | - |
| Advances received on contracts in progress46 | - | - | €11,523 | - |
| Taxes, remuneration and social security45 | - | - | €31,573 | - |
| Taxes450/3 | - | - | €27,440 | - |
| Remuneration and social security454/9 | - | - | €4,133 | - |
| Other amounts payable47/48 | - | - | €17,913 | - |
| Accrued charges and deferred income492/3 | - | - | €417 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,431 | -€8,569 | -€9,334 | ▼ 8.9% |
| + Depreciation and write-downs630 | €47,797 | €27,362 | €26,554 | ▼ 3.0% |
| Operating cash flow (approximation) | €45,366 | €18,793 | €17,220 | ▼ 8.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€27,241 | -€30,723 | ▼ 12.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
08-09
KBO administration
Late accounts filing
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 324 days late
2020
31-12
Financial
Weakest financial yearnet -€9,334
Net result drops to -€9,334, the lowest in the series.
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 129 days late
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 83 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
30-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 91 days late
2014
24-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 55 days late
2013
30-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 61 days late
2012
09-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 101 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Crisnée · 1 establishment unit since 1992
Ground area
4,441 m²
Building footprint
1,999 m²
Volume, LiDAR
8,970 m³
2 parcels, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée Romaine (War) 183, 4300 Waremme
since 19922.058.270.219
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074B0010/00G000 | Wallonia | 3,953 m² | 1 · 1,915 m² | 7.5 m · 1 fl. |
| 64415B0336/00E000 | Wallonia | 488 m² | 1 · 84 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 5,014 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446576320
Registered
31-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.