Equity
-€827,368
Debts exceed assets in financial year 2025.
Noordlink
Lifetime
8 annual accounts with figures on one time axispeak of €345,584 in 2024
€343,283▼ 0.7%
lowest -€232,090 in 2018
-€192,806▼ €3,366
peak of €127,910 in 2018
-€827,368▼ €192,806
€4.6m▼ 3.7%
peak of 1 FTE in 2019
-not published
Board3 names since 2017
3 directors and 2 others
Owners2 names in the annual accounts
49%
Documentsfilings and deeds
19-05-202673 days before the deadline
2025micro format
Loss of €192,806Equity from -€634,561 to -€827,368Cash from €49,901 to €2,330
Key points
from the 2025 annual accountsLosses
-€1.2m in eight years
Every financial year from 2018 to 2025 closed with a loss. 2018 was the heaviest.
Debts
€4.6m 122% of the balance sheet
Financial debts 93%Suppliers 1%Taxes and wages 1%Other 6%
Of this, €324,697 falls due within a year.
Investments
€41,847 0.1 times depreciation
Green is investment, beige is depreciation.
Board
2 joined · 1 left
Board changed. Latest change 07-01-2026 · 2 in office.
Position in the sector
-€192,806
Lower net result than 95% of companies in real estate. Sector median €5,857 · 19,817 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,565 companies had the same profile as Noordlink has now. Each dot stands for 4 companies, two years later.
88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,565 companies, not a prediction for Noordlink. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, , since 18-12-2017
Director, , since 02-12-2025
- 50%equity €34,482 (2025) · 2025 annual accounts of
- 49%equity €3.6m (2025) · 2025 annual accounts of
Recent changes
2 directors appointed, 2 resignations
Resignations: and · Appointments: and · Permanent representatives: and · General meeting of 02-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0686568176
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Lommel
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw of aanleggen · Lommel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Noordlink Lommel | €3.8m | €343,283 | -21.7% | - |
| MDU INVEST I Temse | €3.8m | €316,630 | 20.1% | - |
| MIMOSA CAPITAL Uccle | €3.6m | €368,614 | 31.9% | - |
| STHENO Heist-op-den-Berg | €3.5m | €307,160 | 20.8% | - |
| Maaket Ghent | €3.6m | €303,287 | -20.0% | - |
| Mouton Projects Merelbeke-Melle | €4.0m | €409,705 | 11.7% | - |
| MADECE Kruisem | €3.8m | €416,709 | 9.6% | - |
These companies have the same main activity as Noordlink: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €3.5m and €4m, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 18-12-2017Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 15 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.271.484.3353920 Lommel, since 18-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2025
Annual accounts 2025
- ≈ €380,000estimated
- €3.8m▼ 8.9%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 19-05-2026, 73 days before the end of the filing period
Insights on Noordlink
Noordlink files the micro format. That format states no turnover. The gross margin rose from €53,327 in 2018 to €343,283 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Noordlink
- What is the company number of Noordlink?
- The company number of Noordlink is 0686.568.176. The VAT number is the same number with BE in front: BE 0686.568.176.
- Where is Noordlink based?
- The registered office is at Louis Pasteurstraat 21, 3920 Lommel.Company details
- What does Noordlink do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Noordlink?
- Noordlink is a private limited company (BV).
- When was Noordlink founded?
- Noordlink was founded on 18-12-2017.
- Is Noordlink still active?
- Yes, Noordlink is an active enterprise in the KBO register.
- How many employees does Noordlink have?
- Noordlink had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Noordlink fall under?
- In its 2025 annual accounts, Noordlink states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Noordlink?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €343,283 and 46 comparable companies (NACE 68203). It probably lies between €350,000 and €480,000.
- Is Noordlink profitable?
- In financial year 2025, Noordlink made a loss of €192,806.
- Where can I find the annual accounts of Noordlink?
- Noordlink filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Noordlink due?
- Noordlink must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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