NONO
ActiveSummary
NONO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €236k and a net result of €17k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 23.0 against 12.4 in 2024; short-term debt: 4.3% and cash: 79.3% of total assets), and 4.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 dateAge against the risk zone
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
95.6%
Return on assets
6.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €236k
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
49 d early
2023
49 d early
2022
46 d early
2021
54 d early
2020
59 d early
2019
32 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€236k▲ 7.8%
2024 · €219k
2018: €168klowest in 8 years
2019: €225k▲ +33.8% vs 2018
2020: €259k▲ +15.0% vs 2019
2021: €283k▲ +9.3% vs 2020highest in 8 years
2022: €232k▼ -18.1% vs 2021
2023: €193k▼ -16.6% vs 2022
2024: €219k▲ +13.2% vs 2023
2025: €236k▲ +7.8% vs 2024
2018 → 2025
Total assets
€247k▲ 3.7%
2024 · €238k
2018: €171klowest in 8 years
2019: €228k▲ +33.5% vs 2018
2020: €269k▲ +18.1% vs 2019
2021: €326k▲ +21.0% vs 2020highest in 8 years
2022: €249k▼ -23.7% vs 2021
2023: €212k▼ -15.0% vs 2022
2024: €238k▲ +12.5% vs 2023
2025: €247k▲ +3.7% vs 2024
2018 → 2025
Net result
€17k▼ 33.0%
2024 · €25k
2018: €31k
2019: €57k▲ +81.7% vs 2018highest in 8 years
2020: €34k▼ -40.7% vs 2019
2021: €24k▼ -28.2% vs 2020
2022: €-51k▼ -312% vs 2021lowest in 8 years
2023: €-38k▲ +25.2% vs 2022
2024: €25k▲ +166% vs 2023
2025: €17k▼ -33.0% vs 2024
2018 → 2025
Working capital
€236k▲ 8.6%
2024 · €217k
2018: €149klowest in 8 years
2019: €215k▲ +44.3% vs 2018
2020: €255k▲ +18.6% vs 2019
2021: €274k▲ +7.4% vs 2020highest in 8 years
2022: €225k▼ -17.8% vs 2021
2023: €189k▼ -16.0% vs 2022
2024: €217k▲ +14.6% vs 2023
2025: €236k▲ +8.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€283k-€232k▼ 18.1%€193k▼ 16.6%€219k▲ 13.2%€236k▲ 7.8%
2021: €283khighest in 5 years
2022: €232k▼ -18.1% vs 2021
2023: €193k▼ -16.6% vs 2022lowest in 5 years
2024: €219k▲ +13.2% vs 2023
2025: €236k▲ +7.8% vs 2024
Operating result€34k-€-48k€-39k▲ 18.5%€19k€17k▼ 13.3%
2021: €34khighest in 5 years
2022: €-48k▼ -240% vs 2021lowest in 5 years
2023: €-39k▲ +18.5% vs 2022
2024: €19k▲ +149% vs 2023
2025: €17k▼ -13.3% vs 2024
Net result€24k-€-51k€-38k▲ 25.2%€25k€17k▼ 33.0%
2021: €24k
2022: €-51k▼ -312% vs 2021lowest in 5 years
2023: €-38k▲ +25.2% vs 2022
2024: €25k▲ +166% vs 2023highest in 5 years
2025: €17k▼ -33.0% vs 2024
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 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247k
Fixed assets
€415 ▼ 79.9%
Current assets
€246k ▲ 4.4%
Equity and liabilities €247k
Equity
€236k ▲ 7.8%
Debt
€11k ▼ 43.6%
Debt's share of the balance-sheet total falls from 8.0% to 4.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €22k
Cash flow
€19k▼
2024 · €28k
Current ratio
23.00▲
2024 · 12.40
Debt to equity
0.05▼
2024 · 0.09
ROE
7.2%▼
2024 · 11.6%
ROA
6.9%▼
2024 · 10.7%
Interest coverage
174.46▲
2024 · 170.51
Debt ≤ 1 year
€11k▼
2024 · €19k
Income taxes
€2k▼
2024 · €3k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€238k€247k▲
Fixed assets21/28€2k€415▼
Tangible fixed assets22/27€2k€390▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€497€0▼
Other tangible fixed assets26€2k€390▼
Financial fixed assets28€25€25=
Current assets29/58€236k€246k▲
Amounts receivable after more than one year29€49k€51k▲
Other amounts receivable291€49k€51k▲
Amounts receivable within one year40/41€2k€0▼
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€185k€196k▲
Equity and liabilities
Total equity and liabilities10/49€238k€247k▲
Equity10/15€219k€236k▲
Contributions10/11€19k€19k=
Reserves13€200k€217k▲
Distributable reserves133€200k€217k▲
Profit (loss) carried forward14€398€398=
Amounts payable17/49€19k€11k▼
Amounts payable within one year42/48€19k€11k▼
Trade debts44€516€629▲
Suppliers440/4€516€629▲
Advances received on contracts in progress46€13k€0▼
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Other amounts payable47/48€5k€7k▲
Accrued charges and deferred income492/3-€28
Income statement
Code20242025
Non-recurring operating income76A-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€23k€20k▼
Operating profit (loss)9901€19k€17k▼
Financial income75/76B€9k€2k▼
Recurring financial income75€9k€2k▼
Financial charges65/66B€126€106▼
Recurring financial charges65€126€106▼
Profit (loss) for the period before taxes9903€28k€19k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€25k€17k▼
Profit (loss) for the period to be appropriated9905€25k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€17k▼
Profit (loss) brought forward from the previous period14P€398€398=
Transfer from equity791/2€0-
Transfer to equity691/2€25k€17k▼
To other reserves6921€25k€17k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €13k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €2k | €2k | €2k | ▼ 21.3% |
| Other operating charges640/8 | €2k | €1k | €1k | €1k | €1k | ▼ 2.8% |
| Gross operating margin9900 | €38k | €-44k | €-36k | €23k | €20k | ▼ 13.5% |
| Operating profit (loss)9901 | €34k | €-48k | €-39k | €19k | €17k | ▼ 13.3% |
| Financial income75/76B | €647 | €1k | €1k | €9k | €2k | ▼ 73.8% |
| Recurring financial income75 | €647 | €1k | €1k | €9k | €2k | ▼ 73.8% |
| Financial charges65/66B | €212 | €67 | €55 | €126 | €106 | ▼ 16.0% |
| Recurring financial charges65 | €212 | €67 | €55 | €126 | €106 | ▼ 16.0% |
| Profit (loss) for the period before taxes9903 | €35k | €-47k | €-38k | €28k | €19k | ▼ 32.6% |
| Income taxes67/77 | €11k | €4k | €296 | €3k | €2k | ▼ 28.3% |
| Profit (loss) for the period9904 | €24k | €-51k | €-38k | €25k | €17k | ▼ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €24k | €-51k | €-38k | €25k | €17k | ▼ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €326k | €249k | €212k | €238k | €247k | ▲ 3.7% |
| Fixed assets21/28 | €9k | €6k | €4k | €2k | €415 | ▼ 79.9% |
| Tangible fixed assets22/27 | €9k | €6k | €4k | €2k | €390 | ▼ 80.9% |
| Plant, machinery and equipment23 | €1k | €921 | €364 | €0 | - | - |
| Furniture and vehicles24 | €3k | €2k | €1k | €497 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €5k | €4k | €3k | €2k | €390 | ▼ 74.8% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €317k | €242k | €207k | €236k | €246k | ▲ 4.4% |
| Amounts receivable after more than one year29 | €46k | €47k | €48k | €49k | €51k | ▲ 2.6% |
| Other amounts receivable291 | €46k | €47k | €48k | €49k | €51k | ▲ 2.6% |
| Stocks and contracts in progress3 | €5k | €0 | - | - | - | - |
| Stocks30/36 | €5k | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €11k | €18k | €4k | €2k | €0 | ▼ 100% |
| Trade receivables40 | - | €14k | €0 | - | - | - |
| Other amounts receivable41 | €11k | €4k | €4k | €2k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €255k | €178k | €155k | €185k | €196k | ▲ 5.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €326k | €249k | €212k | €238k | €247k | ▲ 3.7% |
| Equity10/15 | €283k | €232k | €193k | €219k | €236k | ▲ 7.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €264k | €213k | €174k | €200k | €217k | ▲ 8.5% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €262k | €211k | €174k | €200k | €217k | ▲ 8.5% |
| Profit (loss) carried forward14 | €851 | €475 | €398 | €398 | €398 | = |
| Amounts payable17/49 | €43k | €17k | €18k | €19k | €11k | ▼ 43.6% |
| Amounts payable within one year42/48 | €43k | €17k | €18k | €19k | €11k | ▼ 43.7% |
| Trade debts44 | €10k | €926 | €609 | €516 | €629 | ▲ 21.8% |
| Suppliers440/4 | €10k | €926 | €609 | €516 | €629 | ▲ 21.8% |
| Advances received on contracts in progress46 | €13k | €13k | €13k | €13k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €13k | €2k | €0 | - | €3k | - |
| Taxes450/3 | €10k | €2k | €0 | - | €3k | - |
| Remuneration and social security454/9 | €2k | €0 | - | - | - | - |
| Other amounts payable47/48 | €7k | €860 | €4k | €5k | €7k | ▲ 37.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €28 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €-51k | €-38k | €25k | €17k | ▼ 33.0% |
| + Depreciation and write-downs630 | €2k | €3k | €2k | €2k | €2k | ▼ 21.3% |
| Operating cash flow (approximation) | €26k | €-49k | €-36k | €28k | €19k | ▼ 32.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-77k | €-23k | €30k | €11k | ▼ 63.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €219k ▲13.2%
Equity rises from €193k to €219k.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €57k ▲81.7%
Operating result €73k, net result €57k, both a record.
31-12
Financial
Equity above €200kEq €225k ▲33.8%
2 profitable years in a row build equity to €225k.
Show earlier events
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Gent · 1 establishment unit since 2001
Ground area
583 m²
Building footprint
219 m²
Volume, LiDAR
1,909 m³
Parcel 44815F1993/00S000, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Twaalfkameren 17, 9000 Gent
since 20012.052.596.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1993/00S000 | Flanders | 583 m² | 1 · 219 m² | 14.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IMMO HANSSENS
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SNKM
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DYCIMMO
BE 0888.439.034
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DE WAT
BE 0449.182.650
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FH CONSULT
BE 0898.426.173
Wavre · Eq €235,694
Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 4,886 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-01-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
46190Agents in non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.