NOORDLICHT
ActiveNOORDLICHT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79k and a net result of €8k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+13
Solvency88▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.07 against 1.42 in 2023; short-term debt: 36.7% and cash: 17.1% of total assets), and 36.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63.1%
Return on assets
6.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
27 d early
2022
6 d early
2021
2 d early
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€79k▲ 8.5%
2023 · €72k
2018: €33k
2019: €21k
2020: €47k
2021: €69k
2022: €79k
2023: €72k
2018 → 2024
Total assets
€124k▼ 9.6%
2023 · €138k
2018: €226k
2019: €197k
2020: €198k
2021: €179k
2022: €164k
2023: €138k
2018 → 2024
Net result
€8k
2023 · €-6k
2018: €5k
2019: €-12k
2020: €34k
2021: €32k
2022: €17k
2023: €-6k
2018 → 2024
Working capital
€49k▲ 80.4%
2023 · €27k
2018: €-15k
2019: €-42k
2020: €60
2021: €-9k
2022: €19k
2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€47k-€69k▲ 45.2%€79k▲ 14.0%€72k▼ 7.8%€79k▲ 8.5%
Operating result€45k-€40k▼ 10.5%€20k▼ 48.8%€-8k€7k
Net result€34k-€32k▼ 4.0%€17k▼ 48.5%€-6k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€30k▼ 34.2%
Current assets
€94k▲ 2.5%
Equity and liabilities €124k
Equity
€79k▲ 8.5%
Debt
€46k▼ 29.7%
The debt ratio falls from 47.4% to 36.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2023 · €11k
Cash flow
€28k▲
2023 · €13k
Solvency
63.1%▲
2023 · 52.6%
Current ratio
2.07▲
2023 · 1.42
Quick ratio
0.82▲
2023 · 0.68
Debt / equity
0.58▼
2023 · 0.90
ROE
9.7%▲
2023 · -8.5%
ROA
6.1%▲
2023 · -4.4%
Interest coverage
18.61▲
2023 · 9.01
Debt
€46k▼
2023 · €65k
Debt ≤ 1 year
€46k▼
2023 · €65k
Income taxes
€763▲
2023 · €7
Staff costs
€20k▼
2023 · €23k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€138k€124k▼
Fixed assets21/28€46k€30k▼
Intangible fixed assets21€36k€19k▼
Tangible fixed assets22/27€4k€6k▲
Plant, machinery and equipment23€4k€6k▲
Financial fixed assets28€5k€5k=
Current assets29/58€92k€94k▲
Stocks and contracts in progress3€48k€57k▲
Stocks30/36€48k€57k▲
Amounts receivable within one year40/41€12k€10k▼
Trade receivables40€3k€227▼
Other amounts receivable41€8k€10k▲
Current investments50/53€900€900=
Cash at bank and in hand54/58€29k€21k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€138k€124k▼
Equity10/15€72k€79k▲
Contributions10/11€20k€20k=
Reserves13€59k€59k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€57k€57k=
Profit (loss) carried forward14€-6k-
Amounts payable17/49€65k€46k▼
Amounts payable within one year42/48€65k€46k▼
Current portion of amounts payable after more than one year42€28k€16k▼
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€18k€15k▼
Accrued charges and deferred income492/3€200€200=
Income statement
Code20232024
Remuneration, social security and pensions62€23k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€37k€51k▲
Operating profit (loss)9901€-8k€7k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-6k€8k▲
Income taxes67/77€7€763▲
Profit (loss) for the period9904€-6k€8k▲
Profit (loss) for the period to be appropriated9905€-6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€1k▲
Profit (loss) brought forward from the previous period14P-€-6k
Profit to be distributed694/7-€1k
Return on contributions (dividend)694-€1k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €-12k ▼320%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Ninove · 1 establishment unit since 2016
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.
Weggevoerdenstraat 369400 NinoveGround area
436 m²
Building footprint
204 m²
Volume, LiDAR
1,457 m³
Parcel 41362B0441/00T000, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NOORDLICHT
since 20162.249.355.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0441/00T000 | Flanders | 436 m² | 1 · 204 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.249.355.170
Similar companies · same sector, comparable size
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DEVOS VERMEULEN
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S. and P.
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ALBANA COIFFURE
BE 0712.509.936
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Of 2,071 companies in sector 47750 we hold annual accounts for 518. 385 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-01-2016
Fiscal year end31-12
Activities, NACEBEL
47279Other retail sale of food
47299Retail trade
47750Retail sale of cosmetics and toilet articles
47210Retail sale of fruit and vegetables
47241Retail sale of bread and pastry (bakery outlets)
47251Retail sale of wines and spirits
47271Retail trade
47291Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.