NOEL A.
ActiveSummary
NOEL A. has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-57k) and a net result of €27k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 1904 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.35 in 2024; short-term debt: 185.6% and cash: 33.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
-85.6%
Return on assets
40.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1904 sector peers (2025).
NBB · sector comparisonPosition among 1904 sector peers
Solvency
better than 5%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
4 d late
2023
31 d late
2022
72 d late
2021
26 d late
2020
10 d late
2019
46 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
€27k▲ 3.1%
2024 · €26k
2018: €-284k
2019: €89k
2020: €-29k
2021: €1k
2022: €22k
2023: €4k
2024: €26k
2018 → 2025
Working capital
€-60k▲ 32.2%
2024 · €-88k
2018: €-227k
2019: €-132k
2020: €-153k
2021: €-148k
2022: €-121k
2023: €-116k
2024: €-88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-137k-€-115k▲ 16.2%€-111k▲ 3.3%€-85k▲ 23.7%€-57k▲ 32.1%
Operating result€6k-€26k▲ 298%€4k▼ 83.5%€32k▲ 658%€28k▼ 14.2%
Net result€1k-€22k▲ 1,468%€4k▼ 83.1%€26k▲ 600%€27k▲ 3.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€2k ▼ 36.2%
Current assets
€65k ▲ 37.6%
Key figures and ratios
EBITDA
€29k▼
2024 · €34k
Cash flow
€28k▲
2024 · €28k
Solvency
-85.6%▲
2024 · -166.7%
Current ratio
0.52▲
2024 · 0.35
Debt to equity
-2.17▼
2024 · -1.60
ROA
40.5%▼
2024 · 51.9%
Interest coverage
256.20▲
2024 · 135.40
Debt
€124k▼
2024 · €135k
Debt ≤ 1 year
€124k▼
2024 · €135k
Income taxes
€844▼
2024 · €6k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€51k€67k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€131€0▼
Furniture and vehicles24€76€0▼
Financial fixed assets28€100€100=
Current assets29/58€47k€65k▲
Amounts receivable within one year40/41€32k€41k▲
Trade receivables40€30k€38k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€14k€23k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€51k€67k▲
Equity10/15€-85k€-57k▲
Contributions10/11€8k€8k=
Reserves13€70k€70k=
Distributable reserves133€70k€70k=
Profit (loss) carried forward14€-162k€-135k▲
Amounts payable17/49€135k€124k▼
Amounts payable within one year42/48€135k€124k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€127k€117k▼
Taxes450/3€127k€117k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€6k€6k▲
Accrued charges and deferred income492/3€38€0▼
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€36k€30k▼
Operating profit (loss)9901€32k€28k▼
Financial income75/76B€0€536▲
Recurring financial income75€0€536▲
Financial charges65/66B€248€113▼
Recurring financial charges65€248€113▼
Profit (loss) for the period before taxes9903€32k€28k▼
Income taxes67/77€6k€844▼
Profit (loss) for the period9904€26k€27k▲
Profit (loss) for the period to be appropriated9905€26k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-162k€-135k▲
Profit (loss) brought forward from the previous period14P€-189k€-162k▲
Transfer from equity791/2€0-
Transfer to equity691/2€0-
To contributions691€0-
The notes to these accounts (13 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 46 days late
2019
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Charleroi · 1 establishment unit since 1993
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.
Rue Joseph Wauters 886043 CharleroiGround area
617 m²
Building footprint
74 m²
Volume, LiDAR
494 m³
2 parcels, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NOEL A SPRL
since 19932.064.697.161
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52058A0417/00T000 | Wallonia | 399 m² | 1 · 46 m² | 10.4 m · 3 fl. |
| 52342A0312/00D003 | Wallonia | 218 m² | 1 · 28 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
Inox Montage Construct
BE 0844.999.761
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ACM HOGGE
BE 0697.943.209
Hotton
ATELIER NEREO
BE 0477.463.001
Aiseau-Presles
ATELIER VACHON - FRANCE
BE 0459.013.896
Aubange
Ateliers BERGENHUIZEN
BE 0429.628.935
Charleroi
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-1993
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25999Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.