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NOLARIS

Active
Public limited companyfounded 2022active for 4 yearsVaartstraat 7, 8647 Lo-Reninge, BelgiumKBO/BCE: BE 0792.476.934
Summary

NOLARIS has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.0m and a net result of €8,022. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 85% of 113 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2026, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8,022▼ 14.2%
2025 · €9,351
Working capital
-€908,498▼ 128%
2025 · -€398,679
Trend over the years

2023 to 2026, 4 financial years

The operating result has risen three years in a row; 2026 is 4% above 2025 and is 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.

Operating result€0.01m 2026 Net result€0.008m 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: 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, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2023202420252026
Operating result-€0.008m-€0.004m€0.009m▲ 122%€0.01m▲ 3.6%
Net result-€0.008mwithin the sector's middle half--€0.005mwithin the sector's middle half▲ 42.8%€0.009mwithin the sector's middle half€0.008m▼ 14.2%
Equity€2.9mabove the sector's middle half-€2.9mabove the sector's middle half▼ 0.2%€2.9mabove the sector's middle half▲ 0.3%€3.0m▲ 0.3%
Total assets€3.0mwithin the sector's middle half-€3.4mwithin the sector's middle half▲ 13.7%€3.4mwithin the sector's middle half▲ 0.3%€3.9m▲ 15.7%
Debt€0.01m-€0.4m▲ 4,097%€0.4m=€0.9m▲ 124%
Working capital-€0.008mwithin the sector's middle half--€0.4mbelow the sector's middle half▼ 4,911%-€0.4mbelow the sector's middle half▲ 2.3%-€0.9m▼ 128%
Solvency99.7%above the sector's middle half-87.5%above the sector's middle half▼ 12.2pp87.5%above the sector's middle half=75.9%▼ 11.7pp
Current ratio0.19below the sector's middle half-0.03below the sector's middle half▼ 0.160.05below the sector's middle half▲ 0.020.03▼ 0.02
Return on assets (ROA)-0.3%within the sector's middle half--0.1%within the sector's middle half▲ 0.1pp0.3%within the sector's middle half▲ 0.4pp0.2%▼ 0.1pp
above within below the middle half of NACE 68, Real estate activities: 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.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €3.9m
Fixed assets €3.9m ▲ 15.5%
Current assets €30,937 ▲ 47.3%
Equity and liabilities €3.9m
Equity €3.0m ▲ 0.3%
Debt €939,435 ▲ 124%
Debt's share of the balance-sheet total rises from 12.5% to 24.1%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
Debt to equity
0.32▲
2025 · 0.14
ROE
0.3%▼
2025 · 0.3%
Debt ≤ 1 year
€939,435▲
2025 · €419,681
Income taxes
€1,664
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 37 lines
Balance sheet Code20252026
Assets
Total assets20/58€3.4m€3.9m▲
Fixed assets21/28€3.3m€3.9m▲
Tangible fixed assets22/27€0.4m€0.9m▲
Land and buildings22€0.4m€0.9m▲
Financial fixed assets28€3.0m€3.0m=
Current assets29/58€0.02m€0.03m▲
Cash at bank and in hand54/58€0.001m€0.03m▲
Deferred charges and accrued income490/1€0.02m-
Equity and liabilities
Total equity and liabilities10/49€3.4m€3.9m▲
Equity10/15€2.9m€3.0m▲
Contributions10/11€3.0m€3.0m=
Capital10€3.0m€3.0m=
Issued capital100€3.0m€3.0m=
Reserves13-€0.005m
Non-distributable reserves130/1-€229
Legal reserve130-€229
Distributable reserves133-€0.004m
Profit (loss) carried forward14-€0.003m-
Amounts payable17/49€0.4m€0.9m▲
Amounts payable within one year42/48€0.4m€0.9m▲
Taxes, remuneration and social security45-€0.002m
Taxes450/3-€0.002m
Other amounts payable47/48€0.4m€0.9m▲
Income statement Code20252026
Other operating charges640/8€0.001m€0.002m▲
Gross operating margin9900€0.01m€0.01m▲
Operating profit (loss)9901€0.009m€0.01m▲
Financial charges65/66B€44€45▲
Recurring financial charges65€44€45▲
Profit (loss) for the period before taxes9903€0.009m€0.01m▲
Income taxes67/77-€0.002m
Profit (loss) for the period9904€0.009m€0.008m▼
Profit (loss) for the period to be appropriated9905€0.009m€0.008m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.003m€0.005m▲
Profit (loss) brought forward from the previous period14P-€0.01m-€0.003m▲
Transfer to equity691/2-€0.005m
To the legal reserve6920-€229
To other reserves6921-€0.004m

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023202420252026Change
Other operating charges640/8€1,605€1,494€838€1,849▲ 121%
Gross operating margin9900-€6,531€5,735€10,233€11,580▲ 13.2%
Operating profit (loss)9901-€8,137€4,240€9,394€9,731▲ 3.6%
Financial charges65/66B€7€8,900€44€45▲ 3.4%
Recurring financial charges65€7€8,900€44€45▲ 3.4%
Profit (loss) for the period before taxes9903-€8,143-€4,659€9,351€9,686▲ 3.6%
Income taxes67/77---€1,664-
Profit (loss) for the period9904-€8,143-€4,659€9,351€8,022▼ 14.2%
Profit (loss) for the period to be appropriated9905-€8,143-€4,659€9,351€8,022▼ 14.2%
Line2023202420252026Change
Assets
Total assets20/58€3.0m€3.4m€3.4m€3.9m▲ 15.7%
Fixed assets21/28€3.0m€3.3m€3.3m€3.9m▲ 15.5%
Tangible fixed assets22/27-€0.4m€0.4m€0.9m▲ 131%
Land and buildings22-€0.4m€0.4m€0.9m▲ 131%
Financial fixed assets28€3.0m€3.0m€3.0m€3.0m=
Current assets29/58€0.002m€0.01m€0.02m€0.03m▲ 47.3%
Cash at bank and in hand54/58€0.002m€0.004m€0.001m€0.03m▲ 2,237%
Deferred charges and accrued income490/1-€0.008m€0.02m--
Equity and liabilities
Total equity and liabilities10/49€3.0m€3.4m€3.4m€3.9m▲ 15.7%
Equity10/15€2.9m€2.9m€2.9m€3.0m▲ 0.3%
Contributions10/11€3.0m€3.0m€3.0m€3.0m=
Capital10€3.0m€3.0m€3.0m€3.0m=
Issued capital100€3.0m€3.0m€3.0m€3.0m=
Reserves13---€0.005m-
Non-distributable reserves130/1---€229-
Legal reserve130---€229-
Distributable reserves133---€0.004m-
Profit (loss) carried forward14-€0.008m-€0.01m-€0.003m--
Amounts payable17/49€0.01m€0.4m€0.4m€0.9m▲ 124%
Amounts payable within one year42/48€0.01m€0.4m€0.4m€0.9m▲ 124%
Taxes, remuneration and social security45---€0.002m-
Taxes450/3---€0.002m-
Other amounts payable47/48€0.01m€0.4m€0.4m€0.9m▲ 123%
Line2023202420252026Change
Profit (loss) for the period9904-€8,143-€4,659€9,351€8,022▼ 14.2%
Operating cash flow (approximation)-€8,143-€4,659€9,351€8,022▼ 14.2%
Investment in fixed assets (approximation)--€395,228€0-€517,840-
Change in cash-€2,116-€2,649€29,613-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (4)
Financial year Type Filed Reference
31-03-2026 full format 01-10-2026 2026-00540790
31-03-2025 abbreviated format 20-10-2025 2025-00545753
31-03-2024 abbreviated format 18-10-2024 2024-00509809
31-03-2023 abbreviated format 18-10-2023 2023-00488105

Similar companies · same sector, comparable size

Of the 12,024 active companies whose main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203), figures are known for 6,069. 3,290 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.