NOCA
ActiveSummary
NOCA has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,473) and a net result of €942. Equity remains stable across the filed financial years (±2.5% per year). Its solvency ranks better than 8% of 22,382 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result returns to profit in 2025: €985 after a loss of €605 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 1,017 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89.2% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,017 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €505 | €505 | €1,753 | ▲ 247% |
| Other operating charges640/8 | - | - | €400 | - |
| Non-recurring operating charges66A | €50 | - | - | - |
| Gross operating margin9900 | -€8,464 | -€100 | €3,138 | - |
| Operating profit (loss)9901 | -€9,019 | -€605 | €985 | - |
| Financial charges65/66B | €791 | - | €44 | - |
| Recurring financial charges65 | €791 | - | €44 | - |
| Profit (loss) for the period before taxes9903 | -€9,810 | -€605 | €942 | - |
| Profit (loss) for the period9904 | -€9,810 | -€605 | €942 | - |
| Profit (loss) for the period to be appropriated9905 | -€9,810 | -€605 | €942 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2,639 | €1,137 | €5,480 | ▲ 382% |
| Fixed assets21/28 | €1,011 | €505 | €4,641 | ▲ 819% |
| Tangible fixed assets22/27 | €1,011 | €505 | €4,641 | ▲ 819% |
| Other tangible fixed assets26 | €1,011 | €505 | €4,641 | ▲ 819% |
| Current assets29/58 | €1,628 | €632 | €839 | ▲ 32.7% |
| Amounts receivable within one year40/41 | €300 | €612 | €53 | ▼ 91.4% |
| Other amounts receivable41 | €300 | €612 | €53 | ▼ 91.4% |
| Cash at bank and in hand54/58 | €1,328 | €20 | €786 | ▲ 3,831% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2,639 | €1,137 | €5,480 | ▲ 382% |
| Equity10/15 | -€6,810 | -€7,415 | -€6,473 | ▲ 12.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€9,810 | -€10,415 | -€9,473 | ▲ 9.0% |
| Amounts payable17/49 | €9,449 | €8,552 | €11,953 | ▲ 39.8% |
| Amounts payable within one year42/48 | €9,449 | €8,552 | €11,953 | ▲ 39.8% |
| Trade debts44 | €96 | - | - | - |
| Suppliers440/4 | €96 | - | - | - |
| Taxes, remuneration and social security45 | €4,406 | - | - | - |
| Taxes450/3 | €4,406 | - | - | - |
| Other amounts payable47/48 | €4,947 | €8,552 | €11,953 | ▲ 39.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,810 | -€605 | €942 | - |
| + Depreciation and write-downs630 | €505 | €505 | €1,753 | ▲ 247% |
| Operating cash flow (approximation) | -€9,305 | -€100 | €2,695 | - |
| Investment in fixed assets (approximation) | - | €1 | -€5,889 | - |
| Change in cash | - | -€1,308 | €766 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00367971 |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00208780 |
| 31-12-2023 | micro format | 08-08-2024 | 2024-00338316 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.