NOORDRING
ActiveSummary
The computed 12-month bankruptcy probability of NOORDRING is 2.4% (moderate). The 2024 annual accounts show equity of €233,822 and a net result of €6,036. Equity is growing by ~3.7% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 1,640 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,887 | €35,586 | €35,586 | €35,586 | €57,994 | ▲ 63.0% |
| Other operating charges640/8 | - | €4,687 | €5,367 | €5,361 | €6,414 | ▲ 19.6% |
| Non-recurring operating charges66A | - | - | €21,880 | €0 | - | - |
| Gross operating margin9900 | €31,667 | €41,087 | €63,093 | €67,916 | €81,396 | ▲ 19.8% |
| Operating profit (loss)9901 | €4,071 | €814 | €261 | €26,970 | €16,988 | ▼ 37.0% |
| Financial income75/76B | - | €113,558 | - | - | - | - |
| Recurring financial income75 | - | €113,558 | - | - | - | - |
| Financial charges65/66B | - | €1,719 | €45 | €120 | €8,136 | ▲ 6,680% |
| Recurring financial charges65 | €954 | €1,719 | €45 | €120 | €8,136 | ▲ 6,680% |
| Profit (loss) for the period before taxes9903 | €3,117 | €112,653 | €215 | €26,850 | €8,852 | ▼ 67.0% |
| Income taxes67/77 | €623 | €10,279 | - | €8,800 | €2,817 | ▼ 68.0% |
| Profit (loss) for the period9904 | €2,494 | €102,373 | €215 | €18,050 | €6,036 | ▼ 66.6% |
| Profit (loss) for the period to be appropriated9905 | €2,494 | €102,373 | €215 | €18,050 | €6,036 | ▼ 66.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €842,019 | €226,421 | €210,200 | €236,855 | €549,067 | ▲ 132% |
| Fixed assets21/28 | €254,389 | €218,804 | €161,338 | €125,753 | €527,121 | ▲ 319% |
| Tangible fixed assets22/27 | €254,389 | €218,804 | €161,338 | €125,753 | €527,121 | ▲ 319% |
| Land and buildings22 | - | €218,804 | €161,338 | €125,753 | €527,121 | ▲ 319% |
| Current assets29/58 | €587,630 | €7,618 | €48,862 | €111,102 | €21,946 | ▼ 80.2% |
| Amounts receivable within one year40/41 | €597 | - | €1,500 | €0 | €3,683 | - |
| Trade receivables40 | - | - | €1,500 | €0 | - | - |
| Other amounts receivable41 | - | - | - | - | €3,683 | - |
| Current investments50/53 | €574,446 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €12,587 | €7,618 | €47,163 | €105,793 | €18,262 | ▼ 82.7% |
| Deferred charges and accrued income490/1 | - | - | €199 | €5,308 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €842,019 | €226,421 | €210,200 | €236,855 | €549,067 | ▲ 132% |
| Equity10/15 | €107,148 | €209,521 | €209,737 | €227,786 | €233,822 | ▲ 2.6% |
| Contributions10/11 | €49,843 | €49,843 | €49,843 | €49,843 | €49,843 | = |
| Reserves13 | €5,792 | €108,165 | €108,165 | €126,214 | €132,250 | ▲ 4.8% |
| Non-distributable reserves130/1 | - | €4,984 | €4,984 | €0 | - | - |
| Reserves not available under the articles1311 | - | €4,984 | €4,984 | €0 | - | - |
| Tax-exempt reserves132 | - | €807 | €807 | €807 | €807 | = |
| Distributable reserves133 | - | €102,373 | €102,373 | €125,407 | €131,443 | ▲ 4.8% |
| Profit (loss) carried forward14 | €51,513 | €51,513 | €51,729 | €51,729 | €51,729 | = |
| Amounts payable17/49 | €734,871 | €16,900 | €464 | €9,068 | €315,245 | ▲ 3,376% |
| Amounts payable after more than one year17 | - | - | - | - | €303,868 | - |
| Financial debts170/4 | - | - | - | - | €303,868 | - |
| Amounts payable within one year42/48 | €734,871 | €16,900 | €464 | €9,068 | €11,377 | ▲ 25.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €10,862 | - |
| Trade debts44 | €3,448 | - | €292 | €97 | €344 | ▲ 255% |
| Suppliers440/4 | - | - | €292 | €97 | €344 | ▲ 255% |
| Taxes, remuneration and social security45 | - | €6,900 | - | €8,800 | €0 | ▼ 100% |
| Taxes450/3 | - | €6,900 | - | €8,800 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €10,000 | €171 | €171 | €171 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,494 | €102,373 | €215 | €18,050 | €6,036 | ▼ 66.6% |
| + Depreciation and write-downs630 | €22,887 | €35,586 | €35,586 | €35,586 | €57,994 | ▲ 63.0% |
| Operating cash flow (approximation) | €25,380 | €137,959 | €35,801 | €53,635 | €64,030 | ▲ 19.4% |
| Investment in fixed assets (approximation) | - | €0 | €21,880 | €0 | -€459,363 | - |
| Change in cash | - | -€4,969 | €39,545 | €58,630 | -€87,531 | ▼ 249% |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027B0185/00E004 | Flanders | 850 m² | 1 · 359 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.