NOBLE
ActiveSummary
NOBLE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €-12k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 2318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-94
Solvency90▲+11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.57 against 2.14 in 2024; short-term debt: 35% and cash: 65.3% of total assets), and 35% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% 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
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 2025Solvency, return and age of the figures
Solvency
65%
Return on assets
-17.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
2 d early
2023
2 d early
2022
11 d early
2021
9 d early
2020
7 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 20.9%
2024 · €59k
2018: €26klowest in 8 years
2019: €31k▲ +17.9% vs 2018
2020: €44k▲ +42.6% vs 2019
2021: €42k▼ -2.9% vs 2020
2022: €39k▼ -7.1% vs 2021
2023: €37k▼ -6.7% vs 2022
2024: €59k▲ +60.0% vs 2023highest in 8 years
2025: €46k▼ -20.9% vs 2024
2018 → 2025
Total assets
€71k▼ 34.1%
2024 · €108k
2018: €60k
2019: €70k▲ +16.4% vs 2018
2020: €65k▼ -6.9% vs 2019
2021: €81k▲ +24.4% vs 2020
2022: €70k▼ -13.2% vs 2021
2023: €57k▼ -19.1% vs 2022lowest in 8 years
2024: €108k▲ +90.6% vs 2023highest in 8 years
2025: €71k▼ -34.1% vs 2024
2018 → 2025
Net result
€-12k
2024 · €22k
2018: €-6k
2019: €11k▲ +292% vs 2018
2020: €13k▲ +17.1% vs 2019
2021: €15k▲ +13.1% vs 2020
2022: €-3k▼ -120% vs 2021
2023: €-3k▲ +11.6% vs 2022
2024: €22k▲ +935% vs 2023highest in 8 years
2025: €-12k▼ -156% vs 2024lowest in 8 years
2018 → 2025
Working capital
€39k▼ 28.0%
2024 · €55k
2018: €21klowest in 8 years
2019: €25k▲ +15.7% vs 2018
2020: €27k▲ +8.9% vs 2019
2021: €30k▲ +12.0% vs 2020
2022: €30k▼ -0.3% vs 2021
2023: €32k▲ +5.5% vs 2022
2024: €55k▲ +73.3% vs 2023highest in 8 years
2025: €39k▼ -28.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€39k▼ 7.1%€37k▼ 6.7%€59k▲ 60.0%€46k▼ 20.9%
2021: €42k
2022: €39k▼ -7.1% vs 2021
2023: €37k▼ -6.7% vs 2022lowest in 5 years
2024: €59k▲ +60.0% vs 2023highest in 5 years
2025: €46k▼ -20.9% vs 2024
Operating result€20k-€192▼ 99.1%€-2k€30k€-12k
2021: €20k
2022: €192▼ -99.1% vs 2021
2023: €-2k▼ -1045% vs 2022
2024: €30k▲ +1735% vs 2023highest in 5 years
2025: €-12k▼ -140% vs 2024lowest in 5 years
Net result€15k-€-3k€-3k▲ 11.6%€22k€-12k
2021: €15k
2022: €-3k▼ -120% vs 2021
2023: €-3k▲ +11.6% vs 2022
2024: €22k▲ +935% vs 2023highest in 5 years
2025: €-12k▼ -156% vs 2024lowest 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 turns negative in 2025: a loss of €12k after €30k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€7k ▲ 17.1%
Current assets
€64k ▼ 37.2%
Equity and liabilities €71k
Equity
€46k ▼ 20.9%
Debt
€25k ▼ 49.8%
Debt's share of the balance-sheet total falls from 45.9% to 35.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2024 · €34k
Cash flow
€-8k▼
2024 · €27k
Current ratio
2.57▲
2024 · 2.14
Quick ratio
2.51▲
2024 · 2.10
Debt to equity
0.54▼
2024 · 0.85
ROE
-26.4%▼
2024 · 37.5%
ROA
-17.2%▼
2024 · 20.3%
Interest coverage
-18.45▼
2024 · 37.48
Debt ≤ 1 year
€25k▼
2024 · €48k
Income taxes
€166▼
2024 · €7k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€108k€71k▼
Fixed assets21/28€6k€7k▲
Tangible fixed assets22/27€6k€7k▲
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26-€4k
Current assets29/58€102k€64k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€53k€15k▼
Trade receivables40€52k€15k▼
Other amounts receivable41€178€0▼
Cash at bank and in hand54/58€47k€47k=
Deferred charges and accrued income490/1€828€732▼
Equity and liabilities
Total equity and liabilities10/49€108k€71k▼
Equity10/15€59k€46k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€51k€38k▼
Amounts payable17/49€50k€25k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€48k€25k▼
Current portion of amounts payable after more than one year42€1k€0▼
Trade debts44€46k€23k▼
Suppliers440/4€46k€23k▼
Taxes, remuneration and social security45€761€2k▲
Taxes450/3€761€2k▲
Accrued charges and deferred income492/3€2k€1▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€36k€-6k▼
Operating profit (loss)9901€30k€-12k▼
Financial income75/76B€10€18▲
Recurring financial income75€10€18▲
Financial charges65/66B€919€379▼
Recurring financial charges65€919€379▼
Profit (loss) for the period before taxes9903€29k€-12k▼
Income taxes67/77€7k€166▼
Profit (loss) for the period9904€22k€-12k▼
Profit (loss) for the period to be appropriated9905€22k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€38k▼
Profit (loss) brought forward from the previous period14P€29k€51k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €4k | €4k | €5k | €5k | ▼ 0.5% |
| Other operating charges640/8 | €879 | €956 | €2k | €1k | €1k | ▼ 2.1% |
| Gross operating margin9900 | €27k | €5k | €4k | €36k | €-6k | ▼ 117% |
| Operating profit (loss)9901 | €20k | €192 | €-2k | €30k | €-12k | ▼ 140% |
| Financial income75/76B | €17 | €8 | €181 | €10 | €18 | ▲ 75.0% |
| Recurring financial income75 | €17 | €8 | €181 | €10 | €18 | ▲ 75.0% |
| Financial charges65/66B | €467 | €540 | €758 | €919 | €379 | ▼ 58.8% |
| Recurring financial charges65 | €467 | €540 | €758 | €919 | €379 | ▼ 58.8% |
| Profit (loss) for the period before taxes9903 | €20k | €-341 | €-2k | €29k | €-12k | ▼ 142% |
| Income taxes67/77 | €5k | €3k | €244 | €7k | €166 | ▼ 97.5% |
| Profit (loss) for the period9904 | €15k | €-3k | €-3k | €22k | €-12k | ▼ 156% |
| Profit (loss) for the period to be appropriated9905 | €15k | €-3k | €-3k | €22k | €-12k | ▼ 156% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81k | €70k | €57k | €108k | €71k | ▼ 34.1% |
| Fixed assets21/28 | €16k | €12k | €8k | €6k | €7k | ▲ 17.1% |
| Tangible fixed assets22/27 | €16k | €12k | €8k | €6k | €7k | ▲ 17.1% |
| Furniture and vehicles24 | €16k | €12k | €8k | €6k | €4k | ▼ 41.2% |
| Other tangible fixed assets26 | - | - | - | - | €4k | - |
| Current assets29/58 | €65k | €58k | €49k | €102k | €64k | ▼ 37.2% |
| Stocks and contracts in progress3 | €3k | €3k | €3k | €2k | €2k | ▼ 28.4% |
| Stocks30/36 | €3k | €3k | €3k | €2k | €2k | ▼ 28.4% |
| Amounts receivable within one year40/41 | €6k | €12k | €27k | €53k | €15k | ▼ 71.0% |
| Trade receivables40 | €6k | €12k | €27k | €52k | €15k | ▼ 70.9% |
| Other amounts receivable41 | €243 | €243 | €0 | €178 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €55k | €42k | €19k | €47k | €47k | = |
| Deferred charges and accrued income490/1 | €763 | €868 | €679 | €828 | €732 | ▼ 11.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81k | €70k | €57k | €108k | €71k | ▼ 34.1% |
| Equity10/15 | €42k | €39k | €37k | €59k | €46k | ▼ 20.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €34k | €31k | €29k | €51k | €38k | ▼ 24.2% |
| Amounts payable17/49 | €39k | €31k | €20k | €50k | €25k | ▼ 49.8% |
| Amounts payable after more than one year17 | €4k | €3k | €1k | €0 | - | - |
| Financial debts170/4 | €4k | €3k | €1k | €0 | - | - |
| Amounts payable within one year42/48 | €35k | €28k | €18k | €48k | €25k | ▼ 47.7% |
| Current portion of amounts payable after more than one year42 | €1k | €1k | €1k | €1k | €0 | ▼ 100% |
| Trade debts44 | €15k | €12k | €13k | €46k | €23k | ▼ 50.1% |
| Suppliers440/4 | €15k | €12k | €13k | €46k | €23k | ▼ 50.1% |
| Taxes, remuneration and social security45 | €2k | €5k | €3k | €761 | €2k | ▲ 181% |
| Taxes450/3 | €2k | €5k | €3k | €761 | €2k | ▲ 181% |
| Other amounts payable47/48 | €16k | €10k | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €1k | €2k | €1 | ▼ 99.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €-3k | €-3k | €22k | €-12k | ▼ 156% |
| + Depreciation and write-downs630 | €6k | €4k | €4k | €5k | €5k | ▼ 0.5% |
| Operating cash flow (approximation) | €21k | €1k | €2k | €27k | €-8k | ▼ 128% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-3k | €-6k | ▼ 90.7% |
| Change in cash | - | €-12k | €-24k | €28k | €18 | ▼ 99.9% |
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
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Herve · 1 establishment unit since 2012
Ground area
137 m²
Building footprint
69 m²
Volume, LiDAR
814 m³
Parcel 63035A0426/00B000, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NOBLE
since 20122.207.691.888
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63035A0426/00B000 | Wallonia | 137 m² | 1 · 69 m² | 13.5 m · 4 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.
Similar companies · same sector, comparable size
SL KIDS
BE 0743.528.655
Braives · Eq €46,295
ENIGMALOCK
BE 0801.821.596
Namur · Eq €46,155
HUG PRODUCTIONS
BE 1005.987.394
Anderlecht · Eq €46,092
HaDoRee
BE 0805.064.564
Waterloo · Eq €46,795
7.10 AM
BE 1013.540.132
Wevelgem · Eq €45,966
Of 6,727 companies in sector 93299 we hold annual accounts for 1,168. 910 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
Founded26-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.