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NONNEMAN

Active
Private limited companyfounded 199234 yrs activeMolenhoekstraat(MD) 20, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0446.976.790

NONNEMAN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €-32k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
63 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-74
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 13.62 against 8.81 in 2024; short-term debt: 6.9% and cash: 10.3% of total assets), and 6.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
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 14-04-2026, 108 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
108 d early
2024
51 d early
2023
42 d early
2022
4 d early
2021
26 d late
2020
31 d late
2019
28 d late
← before the deadline after the deadline →
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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€370k▼ 23.3%
2019 · €482k
2018: €608k 2019: €482k
2018 → 2021
EBIT margin
2.2%▼ 2.8pp
2019 · 5.0%
2018: -20.6% 2019: 5.0%
2018 → 2021
Net result
€-32k
2024 · €23k
2018: €-129k 2019: €20k 2020: €47k 2021: €6k 2022: €-165 2023: €8k 2024: €23k
2018 → 2025
Working capital
€243k▼ 9.2%
2024 · €267k
2018: €193k 2019: €232k 2020: €286k 2021: €237k 2022: €232k 2023: €239k 2024: €267k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€370k-
Equity€263k-€262k▼ 0.2%€270k▲ 3.2%€294k▲ 8.6%€261k▼ 11.0%
Operating result€8k-€3k▼ 64.0%€9k▲ 220%€26k▲ 183%€-31k
Net result€6k-€-165€8k€23k▲ 181%€-32k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €8k€8kNet result 2021: €6k€6kOperating result 2022: €3k€3kNet result 2022: €-165€-165Operating result 2023: €9k€9kNet result 2023: €8k€8kOperating result 2024: €26k€26kNet result 2024: €23k€23kOperating result 2025: €-31k€-31kNet result 2025: €-32k€-32k20212022202320242025
The operating result turns negative in 2025: a loss of €31k after €26k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €281k
Fixed assets €19k▼ 29.3%
Current assets €262k▼ 13.1%
Equity and liabilities €281k
Equity €261k▼ 11.0%
Debt €19k▼ 43.9%
The debt ratio falls from 10.4% to 6.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-23k
2024 · €34k
Cash flow
€-25k
2024 · €31k
Solvency
93.1%
2024 · 89.6%
Current ratio
13.62
2024 · 8.81
Quick ratio
12.48
2024 · 7.41
Debt / equity
0.07
2024 · 0.12
ROE
-12.4%
2024 · 7.9%
ROA
-11.5%
2024 · 7.1%
Interest coverage
-8.51
2024 · 12.79
Debt
€19k
2024 · €34k
Debt ≤ 1 year
€19k
2024 · €34k
Income taxes
€259
2024 · €344
Staff costs
€58k
2024 · €63k
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€328k€281k
Fixed assets21/28€26k€19k
Tangible fixed assets22/27€26k€19k
Land and buildings22€16k€16k=
Furniture and vehicles24€2k€1k
Leasing and similar rights25€8k€2k
Current assets29/58€302k€262k
Stocks and contracts in progress3€48k€22k
Stocks30/36€40k€22k
Contracts in progress37€8k€0
Amounts receivable within one year40/41€205k€187k
Trade receivables40€179k€165k
Other amounts receivable41€26k€23k
Cash at bank and in hand54/58€21k€29k
Deferred charges and accrued income490/1€28k€24k
Equity and liabilities
Total equity and liabilities10/49€328k€281k
Equity10/15€294k€261k
Contributions10/11€25k€25k=
Reserves13€298k€298k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€43k€43k=
Distributable reserves133€252k€252k=
Profit (loss) carried forward14€-29k€-61k
Amounts payable17/49€34k€19k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€34k€19k
Current portion of amounts payable after more than one year42€3k€0
Financial debts43€105€311
Credit institutions430/8€105€311
Trade debts44€30k€18k
Suppliers440/4€30k€18k
Taxes, remuneration and social security45€588€652
Taxes450/3€538€602
Remuneration and social security454/9€50€50=
Other amounts payable47/48€366€0
Income statement Code20242025
Non-recurring operating income76A€17k€0
Remuneration, social security and pensions62€63k€58k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€3k€4k
Gross operating margin9900€100k€40k
Operating profit (loss)9901€26k€-31k
Financial income75/76B€0€1k
Recurring financial income75€0€1k
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€24k€-32k
Income taxes67/77€344€259
Profit (loss) for the period9904€23k€-32k
Profit (loss) for the period to be appropriated9905€23k€-32k
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-61k
Profit (loss) brought forward from the previous period14P€-52k€-29k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 8.81
Current ratio from 3.06 to 8.81; short-term debt falls from €116k to €34k.
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 8.16
Current ratio from 3.11 to 8.16; short-term debt falls from €113k to €32k.
26-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial Highest result since 2018net €47k ▲138%
Operating result €49k, net result €47k, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial Back to profitnet €20k
Net result €20k after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
21-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Sint-Gillis-Waas · 1 establishment unit since 1992
establishment The establishment unit on the map
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.

Molenhoekstraat(MD) 209170 Sint-Gillis-Waas
Ground area
1,474 m²
Building footprint
449 m²
Volume, LiDAR
719 m³
2 parcels, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NONNEMAN
Polderstraat(MD) 99, 9170 Sint-Gillis-WaasPlumbing work
since 19922.057.245.482
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46015A0042/00F000 Flanders 1,027 m² 1 · 181 m² 8.3 m · 1 fl.
46015A0535/00L000 Flanders 447 m² 1 · 268 m² -
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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 1,829 EUR awarded · 1,829 EUR paid
Year Entries awardedpaid
2025 1 1,725 EUR1,725 EUR
2024 1 104 EUR104 EUR
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
1 entry · 1,725 EUR · 1,725 EUR paid · Vlaams Energie- en Klimaatagentschap
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 104 EUR · 104 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 2,761 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-03-1992
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.