NOORD VASTGOED
ActiveSummary
The computed 12-month bankruptcy probability of NOORD VASTGOED is 2.9% (moderate). The 2024 annual accounts show negative equity (-€372,818) and a net result of -€34,569. Equity has been shrinking by about 43% per year since 2018. Its solvency ranks better than 5% of 4,795 sector peers (NACE 68, financial year 2024). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.
Overview
Official details
Source: KBO- Status
- Active since 02-10-1991 Normal situation
- Activity
- Development of residential building projects NACE 68121and 1 other
- Joint committees
- 100 Aanvullend Paritair Comité voor de werklieden
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
- Establishment unit
- 2.055.314.786 2920 Kalmthout, since 12-12-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- HOLDING NOORD IMMO99.98%· score 46annual accounts 2024
- Holding Noordvlees NVconsolidates· score 51annual accounts 2010
- Dirk Nelen0.01%annual accounts 2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.9%
- Loss
- €34,569
- ▼ 66.3%
- Equity
- -€372,818
- ▼ 10.2%
- Total assets
- €655,154
- ▲ 0.4%
- Staff
- ≈ 0 FTE
- estimated
- Negative equity on 31-12-2024
- 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 24-07-2025)Liquidity: current ratio 0.64, cash €2,501Ex-officio strike-off in the KBOlowers riskSize: total assets €655,154Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 5% of them on solvency, 3% on liquidity, 14% on profitability and 28% on growth.
The bankruptcy probability was computed on 03-11-2026 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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Signals
The company filed its last 6 accounts on average 386 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Key points
- Risk: Negative equitydebts exceed assets in financial year 2024 -€372,818 View
- Risk: 5 loss-making years in a rowloss in financial year 2024 -€34,569 View
- Caution: Lower solvency than 95% of companies in real estatesector median 30.7% · 4,795 companies -56.9% View
- Positive: Result rose in 2024from -€102,673 to -€34,569 ▲ 66.3% View
Recent changes
- · KBO administration Strikeout withdrawn
- · KBO administration Accounts not filedevent 19-03-2025
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as NOORD VASTGOED: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €627,000 and €782,000, founded between 1989 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| NOORD VASTGOED Kalmthout | €655,154 | - |
| RM Kalmthout | €782,303 | -€64,120 |
| TRENTO PROJECTS Schilde | €644,247 | -€6,493 |
| JOPPEN INVEST Wommelgem | €627,061 | €31,468 |
| S.D.S. Malle | €713,379 | €22,589 |
| Immo LME Brasschaat | €777,523 | €26,999 |
| ACVEMA Binche | €660,462 | €72,123 |
Key facts about NOORD VASTGOED
- What is the company number of NOORD VASTGOED?
- The company number of NOORD VASTGOED is 0445.331.849. The VAT number is the same number with BE in front: BE 0445.331.849.
- Where is NOORD VASTGOED based?
- The registered office is at Bloemstraat (Ab) 60, 2920 Kalmthout.Company details
- What does NOORD VASTGOED do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of NOORD VASTGOED?
- The legal form of NOORD VASTGOED is Public limited company (NV).
- When was NOORD VASTGOED founded?
- NOORD VASTGOED was founded on 02-10-1991.
- Is NOORD VASTGOED still active?
- Yes, NOORD VASTGOED is an active enterprise in the KBO register.
- How many employees does NOORD VASTGOED have?
- NOORD VASTGOED had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- Which joint committee does NOORD VASTGOED fall under?
- In its 2024 annual accounts, NOORD VASTGOED states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of NOORD VASTGOED?
- The annual accounts for financial year 2024 state no turnover. In financial year 2021 turnover was €19,500.
- Is NOORD VASTGOED profitable?
- In financial year 2024, NOORD VASTGOED made a loss of €34,569.
- Where can I find the annual accounts of NOORD VASTGOED?
- NOORD VASTGOED filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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