NØRMAN
ActiveSummary
NØRMAN has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €617,198 and a net result of €176,122. Equity has been growing by about 46% per year since 2023. Its solvency ranks better than 60% of 1,238 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 30-11-2022 Normal situation
- Activity
- Manufacture of metal structures and parts of structures NACE 25110and 4 others
- Joint committees
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 2025
- Establishment unit
- 2.349.096.114 8650 Houthulst, since 17-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 26-08-2025
Board and ownership
- MITHRASChair · permanent representative Dirk Desnoeck Van Eeckhoutte
- SamsaraChair · permanent representative Pedro Geeraerd
- Edward De VisschereManaging director
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €702,053
- ▲ 21.5%
- Turnover
- ≈ €1.7m
- estimated
- Profit
- €176,122
- ▼ 19.9%
- Equity
- €617,198
- ▲ 39.9%
- Total assets
- €1.1m
- ▲ 46.7%
- Employees on 31-12-2025
- 7
- =
Score breakdownlowers riskLiquidity: current ratio 2.01, cash €392,495Size: total assets €1.1mFigures for financial year 2025 (filed on 18-07-2026)Equity €617,198 (54.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 59% of them on solvency, 75% on liquidity, 78% on profitability and 83% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 21 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointments: Samsara (class A director) and Bram Bostyn (class B director)Permanent representative: Pedro Geeraerd · Reappointments: Mithras, Edward De Visschere and Sibecon · Resignations: Sibecon, Edward De Visschere and Mithras
- · Gazette deed IncorporationStarting capital €300,000 · Appointments: MITHRAS, SIBECON and EDWARD DE VISSCHERE · Permanent representatives: DESNOECK – VAN EECKHOUTTE Dirk Geert Marc, SIOEN Bert Leon and DE VISSCHERE Edward
Comparable companies
These companies have the same main activity as NØRMAN: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 2021 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| NØRMAN Zonnebeke | €1.1m | €0.7m |
| ARDENNE SYSTEMS Waimes | €1.2m | €0.7m |
| PI-CON Staden | €1.5m | €0.5m |
| Draai- en Freeswerken Goorman Tielt | €1.3m | €0.4m |
| EGGERMONT DIETER Roeselare | €1.4m | €0.4m |
| DS ALU Couvin | €1.1m | €0.6m |
| GS Masset Dépannages Grâce-Hollogne | €1.4m | €0.6m |
Key facts about NØRMAN
- What is the company number of NØRMAN?
- The company number of NØRMAN is 0794.262.130. The VAT number is the same number with BE in front: BE 0794.262.130.
- Where is NØRMAN based?
- The registered office is at Kloosterlaan 10, 8980 Zonnebeke.Company details
- What does NØRMAN do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of NØRMAN?
- The legal form of NØRMAN is Cooperative company (CV).
- When was NØRMAN founded?
- NØRMAN was founded on 30-11-2022.
- Is NØRMAN still active?
- Yes, NØRMAN is an active enterprise in the KBO register.
- How many employees does NØRMAN have?
- NØRMAN had an average of 6.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NØRMAN fall under?
- In its 2025 annual accounts, NØRMAN states joint committees 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid) and 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw).
- What is the turnover of NØRMAN?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €702,053 and 2,285 comparable companies of the same size. It probably lies between €1.0m and €2.8m. It is a rough estimate.
- Is NØRMAN profitable?
- In financial year 2025, NØRMAN made a profit of €176,122.
- Where can I find the annual accounts of NØRMAN?
- NØRMAN filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NØRMAN due?
- NØRMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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