NOC
Annual accounts 2025
micro format, filed on 01-06-2026, 60 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2,800. Estimated: probably between €1,200 and €4,500.
Money flows
no detail for 2025Balance sheet
balance sheet total €268,176 on 31-12-2025in euro
in euro
Position in the sector
95.5%
Higher than 95% of 8,617 companies in 2025.
21.50
Higher than 95% of 8,293 companies in 2025.
-1.4%
Higher than 23% of 8,402 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
268,176 | 432,207 | 442,592 | 388,913 | 287,764 | 201,556 | 203,758 | 209,604 | 158,867 | 36,606 | 23,933 | 56,537 | 124,190 | 42,625 | |
21/28 |
7,070 | 10,854 | 13,537 | 18,204 | 24,156 | 34,983 | 49,094 | 63,577 | 34,420 | 7,132 | 9,804 | 14,003 | 17,951 | 22,095 | |
22/27 |
7,070 | 10,854 | 13,537 | 18,204 | 24,156 | 34,983 | 49,094 | 63,577 | 34,420 | 7,132 | 9,804 | 14,003 | 17,951 | 22,095 | |
23 |
3,023 | 4,534 | 6,046 | 7,557 | 9,069 | 10,580 | 12,091 | 13,603 | 95 | 470 | 845 | 1,220 | 1,120 | - | |
24 |
2,040 | 3,309 | 3,477 | 5,629 | 7,800 | 13,896 | 23,277 | 33,029 | 29,198 | 4,535 | 6,380 | 9,751 | 13,347 | 20,473 | |
26 |
2,007 | 3,011 | 4,015 | 5,018 | 7,287 | 10,506 | 13,725 | 16,944 | 5,127 | 2,126 | 2,579 | 3,031 | 3,484 | 1,622 | |
29/58 |
261,106 | 421,352 | 429,055 | 370,709 | 263,609 | 166,574 | 154,664 | 146,027 | 124,447 | 29,475 | 14,129 | 42,534 | 106,238 | 20,530 | |
40/41 |
28,708 | 71,634 | 70,640 | 71,614 | 92,203 | 41,245 | 29,287 | 29,093 | 52,184 | 24,627 | 12,293 | 25,467 | 55,792 | 18,676 | |
40 |
0 | 3,250 | 12,437 | 16,353 | 45,396 | 2,874 | 3,328 | 10,005 | 19,832 | 15,428 | 12,285 | 2,208 | 43,847 | 18,032 | |
41 |
28,708 | 68,384 | 58,203 | 55,261 | 46,807 | 38,371 | 25,959 | 19,089 | 32,352 | 9,200 | 8 | 23,259 | 11,945 | 644 | |
50/53 |
143,854 | 193,669 | 43,504 | 43,504 | 43,504 | 43,301 | 43,139 | - | - | - | - | - | - | - | |
54/58 |
82,774 | 153,734 | 314,828 | 253,031 | 125,096 | 80,170 | 82,183 | 116,934 | 71,715 | 4,107 | 1,104 | 17,067 | 50,446 | 1,854 | |
490/1 |
5,770 | 2,317 | 83 | 2,559 | 2,806 | 1,858 | 57 | - | 549 | 741 | 731 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
268,176 | 432,207 | 442,592 | 388,913 | 287,764 | 201,556 | 203,758 | 209,604 | 158,867 | 36,606 | 23,933 | 56,537 | 124,190 | 42,625 | |
10/15 |
256,030 | 413,083 | 396,122 | 329,272 | 235,780 | 177,183 | 180,096 | 183,514 | 113,525 | 30,086 | 20,207 | 41,446 | 89,434 | 33,536 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
249,830 | 406,883 | 389,922 | 307,377 | 213,885 | 155,288 | 155,288 | 155,288 | 85,299 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
133 |
249,830 | 406,883 | 389,922 | 305,517 | 212,025 | 153,428 | 153,428 | 153,428 | 83,439 | - | - | - | - | - | |
14 |
0 | - | 0 | 15,695 | 15,695 | 15,695 | 18,608 | 22,026 | 22,026 | 22,026 | 12,147 | 33,386 | 81,374 | 25,476 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | 10,000 | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | 10,000 | - | |
17/49 |
12,146 | 19,124 | 46,471 | 59,641 | 51,984 | 24,373 | 23,662 | 26,090 | 45,342 | 6,520 | 3,726 | 15,091 | 24,756 | 9,089 | |
17 |
- | - | - | - | - | - | 3,726 | 7,744 | 11,715 | - | - | - | - | - | |
170/4 |
- | - | - | - | - | - | 3,726 | 7,744 | 11,715 | - | - | - | - | - | |
42/48 |
12,146 | 19,124 | 46,471 | 59,641 | 51,184 | 23,573 | 19,936 | 18,346 | 33,628 | 6,308 | 3,726 | 14,491 | 24,756 | 9,089 | |
42 |
- | - | - | - | - | 3,726 | 4,018 | 3,971 | 3,180 | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | 29 | 378 | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | 29 | 378 | - | - | - | - | |
44 |
2,653 | 2,168 | 39 | 2,449 | 62 | 2,360 | 4 | 1,313 | 482 | 414 | 509 | 760 | 1,645 | 73 | |
440/4 |
2,653 | 2,168 | 39 | 2,449 | 62 | 2,360 | 4 | 1,313 | 482 | 414 | 509 | 760 | 1,645 | 73 | |
46 |
- | - | - | - | - | 2,855 | - | - | - | - | - | - | - | - | |
45 |
9,493 | 16,956 | 46,432 | 57,192 | 51,122 | 14,632 | 15,914 | 13,062 | 29,937 | 5,516 | 870 | 13,731 | 23,111 | 9,016 | |
450/3 |
9,493 | 16,956 | 46,432 | 57,192 | 47,522 | 11,032 | 15,914 | 13,062 | 29,937 | 5,516 | 870 | 13,731 | 20,911 | 9,016 | |
454/9 |
- | - | - | - | 3,600 | 3,600 | - | - | - | - | - | - | 2,200 | - | |
47/48 |
- | - | - | - | - | - | - | - | - | - | 2,347 | - | - | - | |
492/3 |
- | - | - | - | 800 | 800 | - | - | - | 212 | - | 600 | - | - | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 104,488 | |
76A |
- | - | 0 | 3,223 | - | - | - | - | - | - | - | 10,000 | - | - | |
9900 |
437 | 25,318 | 106,170 | 140,071 | 97,980 | 11,061 | 14,462 | 120,665 | 125,948 | 15,450 | -15,993 | -54,416 | 124,502 | 50,173 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 54,571 | |
630 |
3,784 | 4,254 | 5,262 | 8,532 | 14,962 | 14,902 | 15,422 | 16,021 | 13,027 | 5,023 | 4,199 | 4,424 | 22,927 | 4,894 | |
640/8 |
654 | 961 | 868 | 989 | 1,448 | 1,736 | 1,554 | 3,729 | 856 | 845 | 1,519 | 493 | 3,127 | 143 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | 10,000 | - | |
9901 |
-4,001 | 20,102 | 100,040 | 130,551 | 81,569 | -5,576 | -2,515 | 100,916 | 112,064 | 9,581 | -21,711 | -59,333 | 98,449 | 45,136 | |
75/76B |
3,725 | 7,117 | 3,027 | 3,632 | 2,867 | 3,253 | 1,972 | 1,559 | 1,081 | 415 | 122 | 1,518 | 558 | 29 | |
75 |
3,725 | 7,117 | 3,027 | 3,632 | 2,867 | 3,253 | 1,972 | 1,559 | 1,081 | 415 | 122 | 1,518 | 558 | 29 | |
65/66B |
2,944 | 2,245 | 1,974 | 1,859 | 183 | 215 | 319 | 444 | 161 | 118 | 49 | 158 | 599 | 29 | |
65 |
2,944 | 2,245 | 1,974 | 1,859 | 183 | 215 | 319 | 444 | 161 | 118 | 49 | 158 | 599 | 29 | |
9903 |
-3,220 | 24,973 | 101,093 | 132,323 | 84,253 | -2,538 | -861 | 102,030 | 112,985 | 9,879 | -21,638 | -47,973 | 88,407 | 45,136 | |
67/77 |
404 | 8,012 | 34,243 | 38,831 | 25,656 | 375 | 2,557 | 32,041 | 29,546 | - | -399 | 15 | 32,510 | 17,800 | |
9904 |
-3,625 | 16,961 | 66,849 | 93,492 | 58,597 | -2,913 | -3,418 | 69,989 | 83,439 | 9,879 | -21,239 | -47,988 | 55,898 | 27,336 | |
9905 |
-3,625 | 16,961 | 66,849 | 93,492 | 58,597 | -2,913 | -3,418 | 69,989 | 83,439 | 9,879 | -21,239 | -47,988 | 55,898 | 27,336 | |
| Appropriation of the result | |||||||||||||||
9906 |
-3,625 | 16,961 | 82,544 | 109,187 | 74,292 | 15,695 | 18,608 | 92,015 | 105,465 | 22,026 | 12,147 | 33,386 | 81,374 | 27,336 | |
14P |
- | 0 | 15,695 | 15,695 | 15,695 | - | - | - | - | - | - | - | - | - | |
791/2 |
157,053 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
0 | 16,961 | 82,544 | 93,492 | 58,597 | - | - | 69,989 | 83,439 | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
0 | 16,961 | 82,544 | 93,492 | 58,597 | - | - | 69,989 | 83,439 | - | - | - | - | - | |
694/7 |
153,428 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
153,428 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 01-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-06-2026 | 2026-00129671 | |
| 31-12-2024 | micro format | 02-06-2025 | 2025-00113741 | |
| 31-12-2023 | micro format | 04-06-2024 | 2024-00109075 | |
| 31-12-2022 | micro format | 02-06-2023 | 2023-00104063 | |
| 31-12-2021 | micro format | 23-06-2022 | 2022-20091739 | |
| 31-12-2020 | micro format | 09-07-2021 | 2021-33300168 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-21200036 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-39000563 | |
| 31-12-2017 | micro format | 02-08-2018 | 2018-42900533 | |
| 31-12-2016 | micro format | 29-06-2017 | 2017-24100452 | |
| 31-12-2015 | abbreviated format | 15-06-2016 | 2016-18100078 | |
| 31-12-2014 | abbreviated format | 23-07-2015 | 2015-33400145 | |
| 31-12-2013 | abbreviated format | 15-07-2014 | 2014-31000568 | |
| 31-12-2012 | abbreviated format | 19-06-2013 | 2013-19500209 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -217 | 24,357 | 105,302 | 139,083 | 96,531 | 9,325 | 12,907 | 116,937 | 125,092 | 14,605 | -17,513 | -54,909 | 121,375 | 50,030 | ||
| 160 | 21,216 | 72,111 | 102,024 | 73,559 | 11,988 | 12,004 | 86,010 | 96,466 | 14,902 | -17,040 | -43,564 | 78,824 | 32,231 | ||
| 0 | 1,571 | 595 | 2,581 | 4,135 | 791 | 939 | 45,178 | 40,316 | 2,351 | 0 | 475 | 18,783 | 26,989 | ||
| -70,960 | -161,094 | 61,797 | 127,935 | 44,926 | -2,013 | -34,751 | 45,219 | 67,608 | 3,003 | -15,963 | -33,380 | 48,592 | - | ||
| 248,960 | 402,229 | 382,584 | 311,068 | 212,424 | 143,000 | 134,728 | 127,682 | 90,820 | 23,166 | 10,403 | 28,043 | 81,482 | 11,441 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 43.2% | ||
| 95.5% | 95.6% | 89.5% | 84.7% | 81.9% | 87.9% | 88.4% | 87.6% | 71.5% | 82.2% | 84.4% | 73.3% | 72.0% | 78.7% | ||
| 21.50 | 22.03 | 9.23 | 6.22 | 5.15 | 7.07 | 7.76 | 7.96 | 3.70 | 4.67 | 3.79 | 2.94 | 4.29 | 2.26 | ||
| 0.05 | 0.05 | 0.12 | 0.18 | 0.22 | 0.14 | 0.13 | 0.14 | 0.40 | 0.22 | 0.18 | 0.36 | 0.28 | 0.27 | ||
| -1.4% | 4.1% | 16.9% | 28.4% | 24.9% | -1.6% | -1.9% | 38.1% | 73.5% | 32.8% | -105.1% | -115.8% | 62.5% | 81.5% | ||
| -1.4% | 3.9% | 15.1% | 24.0% | 20.4% | -1.4% | -1.7% | 33.4% | 52.5% | 27.0% | -88.7% | -84.9% | 45.0% | 64.1% | ||
| -0.07 | 10.85 | 53.33 | 74.81 | over 100 | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 63 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 0 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,571 | €595 | €2,581 | €4,135 |
| Financial fixed assets | €0 | - | - | - | - |
| €3,784 | €4,254 | €5,262 | €8,532 | €14,962 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on NOC
The operating result for 2025 is a loss of €4,001, after a profit of €20,102 in 2024. It is the lowest result since 2020.
Debt's share of the balance-sheet total rises from 4.4% to 4.5%. Equity and debt are lower.