Result
-€8,012 -€8,012
From profit to loss in 2025, after a profit of €102,601 in 2024.
NOR
Lifetime
4 annual accounts with figures on one time axispeak €257,684 (2024)
€175,117▼ 32.0%
lowest -€8,012 (2025)
-€8,012▼ €110,613
peak €202,177 (2024)
€194,165▼ 4.0%
€116,552▼ 18.3%
Board1 name since 2021
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €257,684 to €175,117Loss of €8,012Debts from €142,601 to €116,5521 establishment registeredInvestments €67,047
Key points
from the 2025 annual accountsTurnover
≈ €510,000 estimated
The micro format states no turnover.
Investments
€58,047 3.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 180.7% higher than in 2024.
Filings
4 annual accounts 4 late
The 2022 accounts came latest: 69 days after the end of the period.
Starting capital
€12,000 100 shares
Position in the sector
€194,165
More equity than 90% of companies in food and beverage service. Sector median €28,348 · 18,564 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,150 companies had the same profile as NOR has now. Each dot stands for 6 companies, two years later.
91.5%
were still trading
6.1%
stopped another way
2.2%
went bankrupt
Another 0.1% 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 2,150 companies, not a prediction for NOR. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0778687492
New establishment in Bruges
KUNTHUN 3, Koningin Astridlaan 182
First establishment
Driekoningenstraat 18, Antwerp
Incorporation
Founding capital of €12,000, 100 shares · Founder: · Appointment: (director) · published on 27-12-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOR Antwerp | €310,717 | €175,117 | 62.5% | - |
| Studio Frites Sint Antonius Zoersel | €288,732 | €193,826 | -13.6% | 3.8 |
| De Oude Pot van Keizer Karel Olen | €342,980 | €186,780 | 75.8% | - |
| LC KAPELLEN Antwerp | €314,322 | €199,465 | 6.4% | - |
| EMBER Mechelen | €264,089 | €180,163 | -41.2% | - |
| RESTO RESTO GARDEN Antwerp | €314,772 | €148,326 | 26.6% | - |
| PRADHA Bruges | €307,862 | €168,868 | 68.6% | - |
These companies have the same main activity as NOR: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €264,000 and €343,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 07-12-2021Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment units
- 2.325.690.6082600 Antwerp, since 03-01-2022
- 2.379.098.0168200 Bruges, since 11-09-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2026
Annual accounts 2025
- €310,717▼ 9.9%
- Employeeson 31-12-2025
- 15▲ 275%
- Filing
- Filed on 30-08-2026
Insights on NOR
NOR files the micro format. That format states no turnover. The gross margin rose from €117,293 in 2022 to €175,117 in 2025.
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 NOR
- What is the company number of NOR?
- The company number of NOR is 0778.687.492. The VAT number is the same number with BE in front: BE 0778.687.492.
- Where is NOR based?
- The registered office is at Driekoningenstraat 18, 2600 Antwerp.Company details
- What does NOR do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of NOR?
- NOR is a private limited company (BV).
- When was NOR founded?
- NOR was founded on 07-12-2021.
- Is NOR still active?
- Yes, NOR is an active enterprise in the KBO register.
- How many employees does NOR have?
- NOR had an average of 6.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does NOR fall under?
- In its 2025 annual accounts, NOR states joint committee 302 (Hotels and catering).
- What is the turnover of NOR?
- The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €175,117 and 87 comparable companies (NACE 56111). It probably lies between €430,000 and €620,000.
- Is NOR profitable?
- In financial year 2025, NOR made a loss of €8,012.
- Where can I find the annual accounts of NOR?
- NOR filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOR due?
- NOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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