NO&A
ActiveSummary
NO&A has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €261k and a net result of €12k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-4
Solvency89=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 3.3 against 2.73 in 2023; short-term debt: 21.3% and cash: 54.1% of total assets), and 35.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
32 d early
2022
31 d early
2021
31 d early
2020
32 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€261k▼ 0.9%
2023 · €263k
2018: €107klowest in 7 years
2019: €131k▲ +23.1% vs 2018
2020: €162k▲ +22.9% vs 2019
2021: €180k▲ +11.1% vs 2020
2022: €240k▲ +33.6% vs 2021
2023: €263k▲ +9.8% vs 2022highest in 7 years
2024: €261k▼ -0.9% vs 2023
2018 → 2024
Total assets
€405k▼ 2.0%
2023 · €414k
2018: €279klowest in 7 years
2019: €310k▲ +11.1% vs 2018
2020: €290k▼ -6.6% vs 2019
2021: €367k▲ +26.6% vs 2020
2022: €394k▲ +7.5% vs 2021
2023: €414k▲ +4.9% vs 2022highest in 7 years
2024: €405k▼ -2.0% vs 2023
2018 → 2024
Net result
€12k▼ 49.1%
2023 · €24k
2018: €22k
2019: €25k▲ +12.3% vs 2018
2020: €30k▲ +22.3% vs 2019
2021: €18k▼ -40.3% vs 2020
2022: €60k▲ +235% vs 2021highest in 7 years
2023: €24k▼ -60.8% vs 2022
2024: €12k▼ -49.1% vs 2023lowest in 7 years
2018 → 2024
Working capital
€199k▼ 8.6%
2023 · €218k
2018: €122k
2019: €103k▼ -15.5% vs 2018lowest in 7 years
2020: €126k▲ +21.9% vs 2019
2021: €147k▲ +16.6% vs 2020
2022: €217k▲ +47.9% vs 2021
2023: €218k▲ +0.4% vs 2022highest in 7 years
2024: €199k▼ -8.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€162k-€180k▲ 11.1%€240k▲ 33.6%€263k▲ 9.8%€261k▼ 0.9%
2020: €162klowest in 5 years
2021: €180k▲ +11.1% vs 2020
2022: €240k▲ +33.6% vs 2021
2023: €263k▲ +9.8% vs 2022highest in 5 years
2024: €261k▼ -0.9% vs 2023
Operating result€45k-€18k▼ 59.5%€98k▲ 435%€36k▼ 63.0%€23k▼ 37.4%
2020: €45k
2021: €18k▼ -59.5% vs 2020lowest in 5 years
2022: €98k▲ +435% vs 2021highest in 5 years
2023: €36k▼ -63.0% vs 2022
2024: €23k▼ -37.4% vs 2023
Net result€30k-€18k▼ 40.3%€60k▲ 235%€24k▼ 60.8%€12k▼ 49.1%
2020: €30k
2021: €18k▼ -40.3% vs 2020
2022: €60k▲ +235% vs 2021highest in 5 years
2023: €24k▼ -60.8% vs 2022
2024: €12k▼ -49.1% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €405k
Fixed assets
€120k ▲ 72.3%
Current assets
€286k ▼ 17.0%
Equity and liabilities €405k
Equity
€261k ▼ 0.9%
Debt
€144k ▼ 3.8%
Debt's share of the balance-sheet total falls from 36.3% to 35.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€37k▼
2023 · €62k
Cash flow
€26k▼
2023 · €50k
Current ratio
3.30▲
2023 · 2.73
Quick ratio
3.26▲
2023 · 2.69
Debt to equity
0.55▼
2023 · 0.57
ROE
4.6%▼
2023 · 9.0%
ROA
3.0%▼
2023 · 5.7%
Interest coverage
6.80▼
2023 · 27.24
Debt ≤ 1 year
€86k▼
2023 · €126k
Debt > 1 year
€58k▲
2023 · €24k
Income taxes
€6k▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€414k€405k▼
Formation expenses20€0€0=
Fixed assets21/28€69k€120k▲
Intangible fixed assets21€0€3k▲
Tangible fixed assets22/27€69k€116k▲
Land and buildings22€50k€43k▼
Plant, machinery and equipment23€1k€987▼
Furniture and vehicles24€18k€73k▲
Other tangible fixed assets26€0€0▼
Current assets29/58€344k€286k▼
Stocks and contracts in progress3€4k€4k▼
Stocks30/36€4k€4k▼
Amounts receivable within one year40/41€76k€58k▼
Trade receivables40€71k€50k▼
Other amounts receivable41€4k€8k▲
Cash at bank and in hand54/58€260k€219k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€414k€405k▼
Equity10/15€263k€261k▼
Contributions10/11€7k€7k=
Reserves13€181k€179k▼
Distributable reserves133€181k€179k▼
Profit (loss) carried forward14€75k€75k=
Amounts payable17/49€150k€144k▼
Amounts payable after more than one year17€24k€58k▲
Financial debts170/4€24k€58k▲
Amounts payable within one year42/48€126k€86k▼
Current portion of amounts payable after more than one year42€6k€26k▲
Financial debts43€13k-
Credit institutions430/8€13k-
Trade debts44€90k€49k▼
Suppliers440/4€90k€49k▼
Taxes, remuneration and social security45€17k€11k▼
Taxes450/3€17k€11k▼
Other amounts payable47/48€646€646=
Income statement
Code20232024
Non-recurring operating income76A-€16k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€14k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€65k€40k▼
Operating profit (loss)9901€36k€23k▼
Financial income75/76B€410€866▲
Recurring financial income75€410€866▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€34k€18k▼
Income taxes67/77€11k€6k▼
Profit (loss) for the period9904€24k€12k▼
Profit (loss) for the period to be appropriated9905€24k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€87k▼
Profit (loss) brought forward from the previous period14P€75k€75k▲
Transfer from equity791/2-€14k
Transfer to equity691/2€24k€12k▼
To other reserves6921€24k€12k▼
Profit to be distributed694/7-€14k
Return on contributions (dividend)694-€14k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €16k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €24k | €24k | €26k | €14k | ▼ 46.8% |
| Other operating charges640/8 | - | €2k | €3k | €3k | €3k | ▲ 0.6% |
| Gross operating margin9900 | €70k | €44k | €125k | €65k | €40k | ▼ 39.3% |
| Operating profit (loss)9901 | €45k | €18k | €98k | €36k | €23k | ▼ 37.4% |
| Financial income75/76B | - | €24 | €218 | €410 | €866 | ▲ 111% |
| Recurring financial income75 | - | €24 | €218 | €410 | €866 | ▲ 111% |
| Financial charges65/66B | - | €3k | €2k | €2k | €5k | ▲ 135% |
| Recurring financial charges65 | €3k | €3k | €2k | €2k | €5k | ▲ 135% |
| Profit (loss) for the period before taxes9903 | €42k | €15k | €96k | €34k | €18k | ▼ 47.1% |
| Income taxes67/77 | €12k | €-3k | €36k | €11k | €6k | ▼ 42.5% |
| Profit (loss) for the period9904 | €30k | €18k | €60k | €24k | €12k | ▼ 49.1% |
| Transfer from tax-exempt reserves789 | - | €9k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €30k | €27k | €60k | €24k | €12k | ▼ 49.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €290k | €367k | €394k | €414k | €405k | ▼ 2.0% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €117k | €95k | €88k | €69k | €120k | ▲ 72.3% |
| Intangible fixed assets21 | €2k | €1k | €500 | €0 | €3k | - |
| Tangible fixed assets22/27 | €115k | €94k | €88k | €69k | €116k | ▲ 67.4% |
| Land and buildings22 | - | €66k | €58k | €50k | €43k | ▼ 15.4% |
| Plant, machinery and equipment23 | - | €11k | €7k | €1k | €987 | ▼ 25.4% |
| Furniture and vehicles24 | - | €17k | €23k | €18k | €73k | ▲ 308% |
| Other tangible fixed assets26 | - | €0 | €0 | €0 | €0 | ▼ 100% |
| Current assets29/58 | €173k | €272k | €306k | €344k | €286k | ▼ 17.0% |
| Stocks and contracts in progress3 | €4k | €5k | €5k | €4k | €4k | ▼ 11.4% |
| Stocks30/36 | - | €5k | €5k | €4k | €4k | ▼ 11.4% |
| Amounts receivable within one year40/41 | €53k | €145k | €102k | €76k | €58k | ▼ 23.2% |
| Trade receivables40 | - | €145k | €102k | €71k | €50k | ▼ 30.3% |
| Other amounts receivable41 | - | €67 | - | €4k | €8k | ▲ 94.0% |
| Cash at bank and in hand54/58 | €114k | €121k | €196k | €260k | €219k | ▼ 15.7% |
| Deferred charges and accrued income490/1 | - | €1k | €3k | €4k | €4k | ▲ 15.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €290k | €367k | €394k | €414k | €405k | ▼ 2.0% |
| Equity10/15 | €162k | €180k | €240k | €263k | €261k | ▼ 0.9% |
| Contributions10/11 | - | €7k | €7k | €7k | €7k | = |
| Reserves13 | €80k | €98k | €158k | €181k | €179k | ▼ 1.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €96k | €156k | €181k | €179k | ▼ 1.3% |
| Profit (loss) carried forward14 | €75k | €75k | €75k | €75k | €75k | = |
| Amounts payable17/49 | €128k | €187k | €155k | €150k | €144k | ▼ 3.8% |
| Amounts payable after more than one year17 | €82k | €62k | €42k | €24k | €58k | ▲ 140% |
| Financial debts170/4 | - | €62k | €42k | €24k | €58k | ▲ 140% |
| Amounts payable within one year42/48 | €47k | €125k | €89k | €126k | €86k | ▼ 31.4% |
| Current portion of amounts payable after more than one year42 | - | €20k | €21k | €6k | €26k | ▲ 316% |
| Financial debts43 | - | - | - | €13k | - | - |
| Credit institutions430/8 | - | - | - | €13k | - | - |
| Trade debts44 | €9k | €89k | €35k | €90k | €49k | ▼ 45.9% |
| Suppliers440/4 | - | €89k | €35k | €90k | €49k | ▼ 45.9% |
| Taxes, remuneration and social security45 | - | €14k | €32k | €17k | €11k | ▼ 31.2% |
| Taxes450/3 | - | €14k | €32k | €17k | €11k | ▼ 31.2% |
| Other amounts payable47/48 | - | €2k | €1k | €646 | €646 | = |
| Accrued charges and deferred income492/3 | - | - | €24k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €18k | €60k | €24k | €12k | ▼ 49.1% |
| + Depreciation and write-downs630 | €22k | €24k | €24k | €26k | €14k | ▼ 46.8% |
| Operating cash flow (approximation) | €52k | €41k | €85k | €50k | €26k | ▼ 47.9% |
| Investment in fixed assets (approximation) | - | €-1k | €-18k | €-7k | €-64k | ▼ 802% |
| Change in cash | - | €7k | €74k | €65k | €-41k | ▼ 163% |
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
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼49.1%
Net result drops to €12k, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €60k ▲235%
Operating result €98k, net result €60k, both a record.
31-12
Financial
Equity above €200kEq €240k ▲33.6%
5 profitable years in a row build equity to €240k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €162k ▲22.9%
3 profitable years in a row build equity to €162k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Boom · 1 establishment unit since 2000
Ground area
302 m²
Building footprint
104 m²
Volume, LiDAR
1,410 m³
Parcel 11005B0159/00L000, Flanders · tallest building 16.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Groene Hofstraat 23, 2850 Boom
since 20002.115.993.731
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11005B0159/00L000 | Flanders | 302 m² | 1 · 103 m² | 16.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,458 EUR awarded · 2,458 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,317 EUR | 1,317 EUR |
| 2024 | 1 | 844 EUR | 844 EUR |
| 2023 | 1 | 297 EUR | 297 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,981 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
46900Non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.