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Nobility

Active
Private limited companyfounded 2022active for 4 yearsBel 206, 2440 Geel, BelgiumKBO/BCE: BE 0779.677.882

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-04-2026 PDF all 4 filings

Turnover
≈ €72,000
Estimated: probably between €42,000 and €98,000
Total assets
€81,203▲ 18.9%
2024 · €68,318
Net result
€12,779▲ 13.1%
2024 · €11,303
Working capital
€63▼ 99.6%
2024 · €18,077
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is 2% higher than in 2024. It is a recovery after the fall in 2024.

Operating result€17,698 2025 Net result€12,779 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result-€823-€19,940€17,386▼ 12.8%€17,698▲ 1.8%
Net result-€1,758below the sector's middle half-€13,853within the sector's middle half€11,303within the sector's middle half▼ 18.4%€12,779within the sector's middle half▲ 13.1%
Equity€742below the sector's middle half-€14,595below the sector's middle half▲ 20×€25,899below the sector's middle half▲ 77.4%€9,178below the sector's middle half▼ 64.6%
Total assets€52,605below the sector's middle half-€67,386below the sector's middle half▲ 28.1%€68,318below the sector's middle half▲ 1.4%€81,203within the sector's middle half▲ 18.9%
Debt€51,863-€52,791▲ 1.8%€42,419▼ 19.6%€72,026▲ 69.8%
Working capital€6,241within the sector's middle half-€11,743within the sector's middle half▲ 88.1%€18,077within the sector's middle half▲ 53.9%€63below the sector's middle half▼ 99.6%
Solvency1.4%below the sector's middle half-21.7%below the sector's middle half▲ 20.2pp37.9%within the sector's middle half▲ 16.3pp11.3%below the sector's middle half▼ 26.6pp
Current ratio1.37within the sector's middle half-1.36within the sector's middle half=1.61within the sector's middle half▲ 0.251.00below the sector's middle half▼ 0.61
Return on assets (ROA)-3.3%below the sector's middle half-20.6%within the sector's middle half▲ 23.9pp16.5%within the sector's middle half▼ 4.0pp15.7%within the sector's middle half▼ 0.8pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81,203
Fixed assets €14,114 ▼ 32.1%
Current assets €67,089 ▲ 41.2%
Equity and liabilities €81,203
Equity €9,178 ▼ 64.6%
Debt €72,026 ▲ 69.8%
Debt's share of the balance-sheet total rises from 62.1% to 88.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,375▲
2024 · €23,491
Cash flow
€19,456▲
2024 · €17,408
Debt to equity
7.85▲
2024 · 1.64
ROE
139.2%▲
2024 · 43.6%
Interest coverage
38.35▲
2024 · 11.10
Debt ≤ 1 year
€67,026▲
2024 · €29,450
Debt > 1 year
€5,000▼
2024 · €12,969
Income taxes
€4,284▲
2024 · €3,966
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets€29,950-€3,435-
Financial fixed assets---€0
Depreciation and write-downs of the year€499€5,990€6,105€6,677

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2025 · 1 entry · €375 awarded · €375 paid
Schemes
1 entry · €375 · €375 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as Nobility: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €71,500 and €88,800, founded between 2020 and 2022.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Nobility Geel2022€81,203€9,178€25,054€12,7792025
Lawro Oud-Turnhout2021€88,820€60,897€21,241€14,2702025
SiTi36 Lier2021€86,295€68,617€22,656€55,3942025
Tiline Pharma Hove2022€71,491€48,627€24,266€16,5602025
Accent Aigu Antwerpen2020€83,155€2,000€23,942€12,6332025
LC Worx Hamont-Achel2021€76,288-€31,699€25,135-€14,7762025
Qtec Wetteren2022€85,566€78,554€24,938€17,8562025

They were chosen from the 3,691 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 7,976 companies had the same profile as Nobility has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Nobility itself is lower: 0.1% within 12 months. It rests on far more data about Nobility than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,976 companies, not a prediction for Nobility. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 (PDF), filed on 30-04-2026.

Balance sheet Code20242025
Assets
Total assets20/58€68,318€81,203▲
Fixed assets21/28€20,791€14,114▼
Tangible fixed assets22/27€20,791€14,114▼
Furniture and vehicles24€20,791€14,114▼
Current assets29/58€47,526€67,089▲
Amounts receivable within one year40/41€6,616€33,225▲
Trade receivables40€6,616€33,225▲
Cash at bank and in hand54/58€40,910€32,537▼
Deferred charges and accrued income490/1-€1,327
Equity and liabilities
Total equity and liabilities10/49€68,318€81,203▲
Equity10/15€25,899€9,178▼
Contributions10/11€2,500€2,500=
Reserves13€23,399€6,678▼
Distributable reserves133€23,399€6,678▼
Profit (loss) carried forward14-€0
Amounts payable17/49€42,419€72,026▲
Amounts payable after more than one year17€12,969€5,000▼
Financial debts170/4€12,969€5,000▼
Amounts payable within one year42/48€29,450€67,026▲
Current portion of amounts payable after more than one year42€7,639€7,969▲
Trade debts44€369€7,627▲
Suppliers440/4€369€7,627▲
Taxes, remuneration and social security45€13,142€19,447▲
Taxes450/3€13,142€19,447▲
Other amounts payable47/48€8,300€31,982▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,105€6,677▲
Other operating charges640/8€272€679▲
Gross operating margin9900€23,763€25,054▲
Operating profit (loss)9901€17,386€17,698▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2,117€636▼
Recurring financial charges65€2,117€636▼
Profit (loss) for the period before taxes9903€15,270€17,063▲
Income taxes67/77€3,966€4,284▲
Profit (loss) for the period9904€11,303€12,779▲
Profit (loss) for the period to be appropriated9905€11,303€12,779▲
Appropriation of the result
Profit (loss) to be appropriated9906€11,303€12,779▲
Transfer from equity791/2-€29,500
Transfer to equity691/2€11,303€12,779▲
To other reserves6921€11,303€12,779▲
Profit to be distributed694/7-€29,500
Return on contributions (dividend)694-€29,500

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€499€5,990€6,105€6,677▲ 9.4%
Other operating charges640/8€348€640€272€679▲ 149%
Gross operating margin9900€24€26,570€23,763€25,054▲ 5.4%
Operating profit (loss)9901-€823€19,940€17,386€17,698▲ 1.8%
Financial income75/76B€0-€0€0▼ 100%
Recurring financial income75€0-€0€0▼ 100%
Financial charges65/66B€67€1,411€2,117€636▼ 70.0%
Recurring financial charges65€67€1,411€2,117€636▼ 70.0%
Profit (loss) for the period before taxes9903-€889€18,528€15,270€17,063▲ 11.7%
Income taxes67/77€869€4,675€3,966€4,284▲ 8.0%
Profit (loss) for the period9904-€1,758€13,853€11,303€12,779▲ 13.1%
Profit (loss) for the period to be appropriated9905-€1,758€13,853€11,303€12,779▲ 13.1%
Line2022202320242025Change
Assets
Total assets20/58€52,605€67,386€68,318€81,203▲ 18.9%
Fixed assets21/28€29,451€23,461€20,791€14,114▼ 32.1%
Tangible fixed assets22/27€29,451€23,461€20,791€14,114▼ 32.1%
Furniture and vehicles24€29,451€23,461€20,791€14,114▼ 32.1%
Current assets29/58€23,154€43,925€47,526€67,089▲ 41.2%
Amounts receivable within one year40/41€7,064€13,827€6,616€33,225▲ 402%
Trade receivables40-€9,402€6,616€33,225▲ 402%
Other amounts receivable41€7,064€4,424---
Cash at bank and in hand54/58€16,090€30,099€40,910€32,537▼ 20.5%
Deferred charges and accrued income490/1---€1,327-
Equity and liabilities
Total equity and liabilities10/49€52,605€67,386€68,318€81,203▲ 18.9%
Equity10/15€742€14,595€25,899€9,178▼ 64.6%
Contributions10/11€2,500€2,500€2,500€2,500=
Reserves13-€12,095€23,399€6,678▼ 71.5%
Distributable reserves133-€12,095€23,399€6,678▼ 71.5%
Profit (loss) carried forward14-€1,758--€0-
Amounts payable17/49€51,863€52,791€42,419€72,026▲ 69.8%
Amounts payable after more than one year17€34,950€20,609€12,969€5,000▼ 61.4%
Financial debts170/4€34,950€20,609€12,969€5,000▼ 61.4%
Amounts payable within one year42/48€16,913€32,182€29,450€67,026▲ 128%
Current portion of amounts payable after more than one year42-€7,322€7,639€7,969▲ 4.3%
Trade debts44€1,991€2,740€369€7,627▲ 21×
Suppliers440/4€1,991€2,740€369€7,627▲ 21×
Taxes, remuneration and social security45€14,506€22,120€13,142€19,447▲ 48.0%
Taxes450/3€1,918€19,202€13,142€19,447▲ 48.0%
Remuneration and social security454/9€12,587€2,918---
Other amounts payable47/48€416-€8,300€31,982▲ 285%
Line2022202320242025Change
Profit (loss) for the period9904-€1,758€13,853€11,303€12,779▲ 13.1%
+ Depreciation and write-downs630€499€5,990€6,105€6,677▲ 9.4%
Operating cash flow (approximation)-€1,259€19,843€17,408€19,456▲ 11.8%
Investment in fixed assets (approximation)-€0-€3,435€0-
Change in cash-€14,009€10,812-€8,373-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-04-2026 2026-00097605 PDF
31-12-2024 micro format 14-07-2025 2025-00265835 PDF
31-12-2023 micro format 22-05-2024 2024-00092732 PDF
31-12-2022 micro format 01-06-2023 2023-00102056 PDF

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