NOBLE CHOCOLATES
ActiveNOBLE CHOCOLATES has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.22M) and a net result of €331k. Equity is shrinking by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 7% of 794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
16
/ 100
Critical▲ +1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency36▲+1
Growth58=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.58 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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
-51.6%
Return on assets
14%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 794 sector peers (2025).
NBB · sector comparisonPosition among 794 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
4 d late
2023
7 d early
2022
7 d late
2021
4 d late
2020
26 d late
2018
71 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-1.22M▲ 21.3%
2024 · €-1.56M
2018: €-812k
2020: €-239k
2021: €-336k
2022: €67k
2023: €-911k
2024: €-1.56M
2018 → 2025
Total assets
€2.37M▼ 15.0%
2024 · €2.79M
2018: €4.89M
2020: €2.50M
2021: €2.39M
2022: €2.98M
2023: €2.15M
2024: €2.79M
2018 → 2025
Net result
€331k
2024 · €-645k
2018: €-2.64M
2020: €-1.63M
2021: €-346k
2022: €403k
2023: €-978k
2024: €-645k
2018 → 2025
Working capital
€-1.41M▲ 22.3%
2024 · €-1.81M
2018: €-1.19M
2020: €-1.07M
2021: €-1.00M
2022: €-458k
2023: €-1.28M
2024: €-1.81M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-336k-€67k€-911k€-1.56M▼ 70.9%€-1.22M▲ 21.3%
Operating result€-278k-€453k€-917k€-549k▲ 40.1%€396k
Net result€-346k-€403k€-978k€-645k▲ 34.0%€331k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €396k after a loss of €549k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.37M
Fixed assets
€184k▼ 28.3%
Current assets
€2.19M▼ 13.6%
Key figures and ratios
EBITDA
€517k▲
2024 · €-410k
Cash flow
€453k▲
2024 · €-506k
Solvency
-51.6%▲
2024 · -55.7%
Current ratio
0.61▲
2024 · 0.58
Quick ratio
0.36▲
2024 · 0.27
Debt / equity
-2.94▼
2024 · -2.79
ROE
-27.1%▼
2024 · 41.5%
ROA
14.0%▲
2024 · -23.1%
Interest coverage
6.40▲
2024 · -3.50
Debt
€3.60M▼
2024 · €4.35M
Debt ≤ 1 year
€3.60M▼
2024 · €4.35M
Income taxes
€193▲
2024 · €189
Staff costs
€756k▲
2024 · €556k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.79M€2.37M▼
Fixed assets21/28€256k€184k▼
Intangible fixed assets21€8k€2k▼
Tangible fixed assets22/27€248k€181k▼
Land and buildings22€21k€15k▼
Plant, machinery and equipment23€213k€121k▼
Furniture and vehicles24€14k€45k▲
Current assets29/58€2.54M€2.19M▼
Stocks and contracts in progress3€1.35M€907k▼
Stocks30/36€1.35M€907k▼
Amounts receivable within one year40/41€868k€1.14M▲
Trade receivables40€434k€773k▲
Other amounts receivable41€434k€365k▼
Cash at bank and in hand54/58€316k€125k▼
Deferred charges and accrued income490/1€5k€22k▲
Equity and liabilities
Total equity and liabilities10/49€2.79M€2.37M▼
Equity10/15€-1.56M€-1.22M▲
Contributions10/11€11.03M€11.03M=
Capital10€11.03M€11.03M=
Issued capital100€11.03M€11.03M=
Reserves13€74k€74k=
Non-distributable reserves130/1€74k€74k=
Legal reserve130€74k€74k=
Profit (loss) carried forward14€-12.66M€-12.33M▲
Amounts payable17/49€4.35M€3.60M▼
Amounts payable within one year42/48€4.35M€3.60M▼
Financial debts43€1.03M€906k▼
Credit institutions430/8€1.03M€906k▼
Trade debts44€1.60M€757k▼
Suppliers440/4€1.60M€757k▼
Advances received on contracts in progress46€20k€20k=
Taxes, remuneration and social security45€130k€89k▼
Taxes450/3€26k€8k▼
Remuneration and social security454/9€104k€81k▼
Other amounts payable47/48€1.56M€1.82M▲
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Remuneration, social security and pensions62€556k€756k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€122k▼
Other operating charges640/8€23k€4k▼
Non-recurring operating charges66A€0€101k▲
Gross operating margin9900€169k€1.38M▲
Operating profit (loss)9901€-549k€396k▲
Financial income75/76B€21k€17k▼
Recurring financial income75€21k€17k▼
Financial charges65/66B€117k€81k▼
Recurring financial charges65€117k€81k▼
Profit (loss) for the period before taxes9903€-645k€332k▲
Income taxes67/77€189€193▲
Profit (loss) for the period9904€-645k€331k▲
Profit (loss) for the period to be appropriated9905€-645k€331k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12.66M€-12.33M▲
Profit (loss) brought forward from the previous period14P€-12.01M€-12.66M▼
Social balance
Average headcount (FTE)908711.014.3▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 2 days late
2025
30-06
Financial
Back to profitnet €331k
Net result €331k after 2 loss-making years.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
30-06
Financial
Back to profitnet €403k
Net result €403k after 3 loss-making years.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-05
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.
Directors · office · real estate
Directors
10 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, Veurne · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Handelsstraat 58630 VeurneGround area
1,744 m²
Building footprint
1,258 m²
Parcel 38024A0138/00N002, Flanders. Linked by address, not a title deed.
1 establishment unit
Noble Chocolates
since 19992.092.245.260
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38024A0138/00N002 | Flanders | 1,744 m² | 1 · 1,258 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2022 to 2025 · 5 entries · 23,637 EUR awarded · 23,149 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 488 EUR | 0 EUR |
| 2024 | 2 | 1,772 EUR | 1,772 EUR |
| 2023 | 1 | 20,000 EUR | 20,000 EUR |
| 2022 | 1 | 1,377 EUR | 1,377 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteVeurne2.092.245.260
Legal Entity Identifier
549300Z9L3RQDS95BK58
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Of 722 companies in sector 10820 we hold annual accounts for 349. 223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-03-1999
Fiscal year end30-06
Activities, NACEBEL
10820Manufacture of cocoa, chocolate and sugar confectionery
46170Agents in the wholesale of food, beverages and tobacco
47241Retail sale of bread and pastry (bakery outlets)
52240
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:contact@noble-chocolates.com
Phone:+3258/31.77.40
Fax:+3258/28.76.70