NOEL & PARTNERS
ActiveNOEL & PARTNERS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.15M and a net result of €3k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 7690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
79
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-15
Solvency87▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 5.22 against 9.56 in 2024), but 57.7% of the assets are financed with debt.
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.3%
Return on assets
0.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-04-2026, 25 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
25 d early
2024
42 d early
2023
57 d early
2022
26 d early
2021
3 d early
2020
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.15M▲ 0.3%
2024 · €1.15M
2020: €-23k
2021: €-46k
2022: €1.18M
2023: €1.11M
2024: €1.15M
2020 → 2025
Total assets
€2.73M▼ 0.5%
2024 · €2.74M
2020: €34k
2021: €20k
2022: €1.52M
2023: €2.72M
2024: €2.74M
2020 → 2025
Net result
€3k▼ 90.8%
2024 · €36k
2020: €-25k
2021: €-23k
2022: €-22k
2023: €-69k
2024: €36k
2020 → 2025
Working capital
€102k▲ 14.1%
2024 · €89k
2020: €-24k
2021: €-47k
2022: €-294k
2023: €15k
2024: €89k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-46k-€1.18M€1.11M▼ 5.9%€1.15M▲ 3.3%€1.15M▲ 0.3%
Operating result€-23k-€-21k▲ 7.1%€-69k▼ 228%€36k€5k▼ 87.3%
Net result€-23k-€-22k▲ 6.4%€-69k▼ 221%€36k€3k▼ 90.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.73M
Fixed assets
€2.60M▼ 1.5%
Current assets
€126k▲ 26.4%
Equity and liabilities €2.73M
Equity
€1.15M▲ 0.3%
Debt
€1.58M▼ 1.0%
The debt ratio falls from 58.1% to 57.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€45k▼
2024 · €77k
Cash flow
€44k▼
2024 · €76k
Solvency
42.3%▲
2024 · 41.9%
Current ratio
5.22▼
2024 · 9.56
Quick ratio
5.22▼
2024 · 9.56
Debt / equity
1.37▼
2024 · 1.38
ROE
0.3%▼
2024 · 3.2%
ROA
0.1%▼
2024 · 1.3%
Interest coverage
34.16▼
2024 · 256.56
Debt
€1.58M▼
2024 · €1.59M
Debt ≤ 1 year
€24k▲
2024 · €10k
Debt > 1 year
€1.55M▼
2024 · €1.58M
Income taxes
€1▲
2024 · €0
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€2.74M€2.73M▼
Fixed assets21/28€2.64M€2.60M▼
Tangible fixed assets22/27€2.64M€2.60M▼
Land and buildings22€2.59M€2.57M▼
Furniture and vehicles24€49k€34k▼
Current assets29/58€100k€126k▲
Amounts receivable within one year40/41€26k€7k▼
Trade receivables40€6k€6k▼
Other amounts receivable41€20k€688▼
Cash at bank and in hand54/58€74k€119k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€2.74M€2.73M▼
Equity10/15€1.15M€1.15M▲
Contributions10/11€1.25M€1.25M=
Profit (loss) carried forward14€-103k€-99k▲
Amounts payable17/49€1.59M€1.58M▼
Amounts payable after more than one year17€1.58M€1.55M▼
Financial debts170/4€1.58M€1.55M▼
Amounts payable within one year42/48€10k€24k▲
Trade debts44€5k€6k▲
Suppliers440/4€5k€6k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€6k€18k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€41k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€79k€48k▼
Operating profit (loss)9901€36k€5k▼
Financial income75/76B€138€4▼
Recurring financial income75€138€4▼
Financial charges65/66B€298€1k▲
Recurring financial charges65€298€1k▲
Profit (loss) for the period before taxes9903€36k€3k▼
Income taxes67/77€0€1▲
Profit (loss) for the period9904€36k€3k▼
Profit (loss) for the period to be appropriated9905€36k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-103k€-99k▲
Profit (loss) brought forward from the previous period14P€-139k€-103k▲
The notes to these accounts (6 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
05-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €36k
Net result €36k after 4 loss-making years.
30-09
Financial
Liquidity times 6current ratio 9.56
Current ratio from 1.57 to 9.56; short-term debt falls from €27k to €10k.
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-69k
Net result drops to €-69k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 13current ratio 1.57
Current ratio from 0.12 to 1.57; short-term debt falls from €334k to €27k.
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €1MEq €1.18M
Equity rises from €-46k to €1.18M.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Asse · 1 establishment unit since 2019
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.
Lindendries 1281730 AsseGround area
2,619 m²
Building footprint
187 m²
Volume, LiDAR
1,474 m³
Parcel 23322C0361/00L000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NOEL & PARTNERS
since 20192.293.222.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322C0361/00L000 | Flanders | 2,619 m² | 1 · 187 m² | 11.1 m · 3 fl. |
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.
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Of 24,419 companies in sector 82990 we hold annual accounts for 9,359. 4,258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2019
Fiscal year end30-09
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.