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NOORDAM

Active
Private limited companyfounded 1999active for 26 yearsOude Zwevezeelsestraat 6, 8851 Ardooie, BelgiumKBO/BCE: BE 0467.216.831
Summary

NOORDAM has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €63,190. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 86% of 3,714 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-11-1999 Normal situation
Activity
Growing of vegetables, melons, roots and tubers NACE 01130
Joint committee
145 Paritair Comité voor het tuinbouwbedrijf · annual accounts 2025
Establishment units
2.099.227.280 8851 Ardooie, since 17-12-1999
2.337.628.437 8750 Wingene, since 30-07-2009
Financial year end
31 December
Peppol
Reachable since 07-11-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€204,962
▼ 3.1%
Turnover
≈ €560,000
estimated
Profit
€63,190
▲ 33.3%
Equity
€1.5m
▲ 4.3%
Total assets
€2.0m
▼ 2.5%
Staff
0.8 FTE
▼ 20.0%
Score breakdownlowers riskSize: total assets €2.0mFigures for financial year 2025 (filed on 02-07-2026)Sector: Crop and animal production, hunting and related service activities (NACE 01)Equity €1.5m (77.7% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of micro companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Strong
Solvency 100+2
equity 77.7% of total assets
Liquidity 57+3
short-term debt 9.7% · cash 5.7%
Profitability 73+1
return on assets 3.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,694 companies, NACE 01, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.86 (0.55 in 2024), below 1. Short-term debt is 9.7% and cash 5.7% of total assets. 22.3% of the assets are financed with debt and provisions.
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 01, micro). It does better than 92% of them on solvency, 65% on liquidity, 55% on profitability and 49% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €2.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 02-07-2026)
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Equity €1.5m (77.7% of total assets)
NBB · annual accounts
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
49 days early
2023
12 days early
2022
67 days early
2021
51 days early
2020
39 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in crop and animal productionsector median €82,778 · 3,715 companies €1.5m View
  • Positive: 8 profitable years in a rowprofit 2025: €63,190 8 years View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Change of role: LOYSON Valère Joseph Daniël, from statutory director to directorAppointment: LOYSON Kris Filiep (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as NOORDAM: growing of vegetables, melons, roots and tubers (NACE 01130). They are comparable in size and age: total assets between €1.3m and €2.2m, founded between 1998 and 2003.

CompanyTotal assetsGross margin
NOORDAM Ardooie€2.0m€0.2m
FLOREFFE LEGUMES Floreffe€2.2m€0.2m
CHAMPIGNONS NOPPE-DUYCK Tielt€1.3m€0.3m
Organic Food Partners Sint-Katelijne-Waver€2.1m€0.1m
AGRI GROFFEN Stabroek€2.1m€0.3m
FEREMANS JOERI Sint-Katelijne-Waver€1.5m€0.3m
ILCO Hasselt€1.6m€0.3m
Full comparison

Key facts about NOORDAM

What is the company number of NOORDAM?
The company number of NOORDAM is 0467.216.831. The VAT number is the same number with BE in front: BE 0467.216.831.
Where is NOORDAM based?
The registered office is at Oude Zwevezeelsestraat 6, 8851 Ardooie.Company details
What does NOORDAM do?
According to the KBO register, the main activity is growing of vegetables, melons, roots and tubers (NACE 01130).
What is the legal form of NOORDAM?
The legal form of NOORDAM is Private limited company (BV).
When was NOORDAM founded?
NOORDAM was founded on 08-11-1999.
Is NOORDAM still active?
Yes, NOORDAM is an active enterprise in the KBO register.
How many employees does NOORDAM have?
NOORDAM had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NOORDAM fall under?
In its 2025 annual accounts, NOORDAM states joint committee 145 (Paritair Comité voor het tuinbouwbedrijf).
What is the turnover of NOORDAM?
The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €204,962 and 45 comparable companies (NACE 01). It probably lies between €380,000 and €840,000.
Is NOORDAM profitable?
In financial year 2025, NOORDAM made a profit of €63,190.
Where can I find the annual accounts of NOORDAM?
NOORDAM filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NOORDAM due?
NOORDAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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