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NOEL BAU

Active
Private limited companyfounded 2019active for 7 yearsKrinkelt,Mürringer Weg 24, 4761 Büllingen, BelgiumKBO/BCE: BE 0724.585.644

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

NOEL BAU has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,247 and a net result of €7,255. Equity has been growing by about 28% per year since 2019. Its solvency ranks better than 29% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 05-04-2019 Normal situation
Activity
Bricklaying and masonry work NACE 43910and 2 others
Establishment unit
2.288.633.143 4761 Büllingen, since 05-04-2019
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€72,928
▼ 47.3%
Turnover
≈ €390,000
estimated
Profit
€7,255
▼ 64.9%
Equity
€111,247
▲ 6.6%
Total assets
€408,460
▼ 0.5%
Staff
1 FTE
▼ 28.6%
Filed on 09-06-2026, 52 days before the deadlinePDF
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Founded in 2019lowers riskSize: total assets €408,460Liquidity: current ratio 1.19, cash €61,061Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 52+2
equity 27.2% of total assets
Liquidity 59+14
short-term debt 24.8% · cash 14.9%
Profitability 71-4
return on assets 1.8%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 0.7%▼ -0.3 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.4%▼ -0.4 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.19 (1.04 in 2024), below the usual 1.5. Short-term debt is 24.8% and cash 14.9% of total assets. 72.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 29% of them on solvency, 57% on liquidity, 40% on profitability and 49% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €408,460
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Liquidity: current ratio 1.19, cash €61,061
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 09-06-2026, 52 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
52 days early
2024
37 days early
2023
50 days early
2022
27 days early
2021
33 days early
2020
30 days early
2019
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €7,255 7 years View

Comparable companies

These companies have the same main activity as NOEL BAU: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €319,000 and €447,000, founded between 2016 and 2019.

CompanyTotal assetsGross margin
NOEL BAU Büllingen€408,460€72,928
JACQUES VERMEERSCH Oostkamp€379,994€81,522
Bouwwerken Gentier Laarne€319,079€68,814
CASTAGNA CONSTRUCT La Louvière€446,686€90,036
RUGGIERO Construction et Rénovation Andenne€328,503€79,266
AUMAN SVEN Kaprijke€410,062€104,221
BART LIEVENS Lichtervelde€446,456€90,515
Full comparison

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about NOEL BAU

What is the company number of NOEL BAU?
The company number of NOEL BAU is 0724.585.644. The VAT number is the same number with BE in front: BE 0724.585.644.
Where is NOEL BAU based?
The registered office is at Krinkelt,Mürringer Weg 24, 4761 Büllingen.Company details
What does NOEL BAU do?
According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
What is the legal form of NOEL BAU?
The legal form of NOEL BAU is Private limited company (BV).
When was NOEL BAU founded?
NOEL BAU was founded on 05-04-2019.
Is NOEL BAU still active?
Yes, NOEL BAU is an active enterprise in the KBO register.
How many employees does NOEL BAU have?
NOEL BAU had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NOEL BAU?
The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €72,928 and 106 comparable companies (NACE 439). It probably lies between €260,000 and €650,000.
Is NOEL BAU profitable?
In financial year 2025, NOEL BAU made a profit of €7,255.
Where can I find the annual accounts of NOEL BAU?
NOEL BAU filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of NOEL BAU due?
NOEL BAU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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