NOR (0845.841.285): financials and annual accounts

NOR

Antwerp ·KBO/BCE: BE 0845.841.285

Line	2024	2023	2022	2021	2020	2019	2017	2016	2015	2014	2013
Balance sheet: assets
Total assets`20/58`	162,399	138,611	125,983	122,969	130,102	118,678	77,306	64,438	52,048	28,331	9,596
Fixed assets`21/28`	4,168	1,227	906	1,440	3,801	6,450	10,715	8,513	12,132	1,228	2,420
Tangible fixed assets`22/27`	4,168	1,227	906	1,440	3,801	6,450	10,715	8,513	12,132	1,228	2,420
Plant, machinery and equipment`23`	476	751	151	289	-	-	552	828	1,104	-	-
Furniture and vehicles`24`	3,692	476	755	1,151	3,801	6,450	10,163	7,685	11,028	1,228	2,420
Current assets`29/58`	158,231	137,384	125,077	121,528	126,301	112,228	66,591	55,925	39,916	27,102	7,175
Stocks and contracts in progress`3`	1,460	11,983	41,008	723	1,503	2,256	1,809	2,277	297	652	4,502
Stocks`30/36`	1,460	11,983	41,008	723	1,503	2,256	1,809	2,277	297	652	4,502
Amounts receivable within one year`40/41`	140,480	101,513	59,768	93,324	68,246	64,164	35,712	19,704	23,013	-	1,836
Trade receivables`40`	96,240	64,331	25,802	73,186	65,923	63,906	35,552	992	1,694	-	-
Other amounts receivable`41`	44,239	37,183	33,967	20,138	2,323	258	160	18,712	21,319	-	1,836
Cash at bank and in hand`54/58`	16,291	23,888	24,300	27,481	56,552	45,808	29,070	33,945	16,607	26,451	838
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	162,399	138,611	125,983	122,969	130,102	118,678	77,306	64,438	52,048	28,331	9,596
Equity`10/15`	117,467	104,273	100,365	101,218	69,807	54,795	46,948	39,675	33,851	19,072	3,596
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,598	12,400	12,400
Capital`10`	-	-	-	18,600	-	-	-	-	-	-	-
Issued capital`100`	-	-	-	18,600	18,600	18,600	18,600	18,600	37,198	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	-	18,600	6,200	6,200
Contributions outside capital`11`	18,600	18,600	18,600	-	-	-	-	-	-	-	-
Other`1109/19`	18,600	18,600	18,600	-	-	-	-	-	-	-	-
Reserves`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-
Non-distributable reserves`130/1`	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-
Legal reserve`130`	-	-	-	1,860	1,860	1,860	1,860	-	-	-	-
Reserves not available under the articles`1311`	1,860	1,860	1,860	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	97,007	83,813	79,905	80,758	49,347	34,335	26,488	21,075	15,253	6,672	-8,804
Amounts payable`17/49`	44,931	34,338	25,618	21,751	60,295	63,883	30,357	24,764	18,197	9,259	6,000
Amounts payable within one year`42/48`	44,931	34,338	25,618	21,751	60,295	63,883	30,357	24,764	18,197	9,259	6,000
Trade debts`44`	43,108	34,338	25,618	21,751	19,655	11,688	26,751	24,764	15,957	2,924	-
Suppliers`440/4`	43,108	34,338	25,618	21,751	19,655	11,688	26,751	24,764	15,957	2,924	-
Taxes, remuneration and social security`45`	1,823	-	-	-	-	-	-	-	2,240	3,686	-
Taxes`450/3`	1,823	-	-	-	-	-	-	-	2,240	3,686	-
Other amounts payable`47/48`	-	-	-	-	40,641	52,195	3,606	-	-	2,649	6,000
Income statement
Turnover`70`	-	-	153,848	217,586	192,207	207,372	237,601	193,528	186,288	-	-
Non-recurring operating income`76A`	-	-	400	-	-	-	-	-	-	-	-
Gross operating margin`9900`	18,600	14,812	1,300	38,446	20,239	12,090	14,880	10,851	13,525	19,624	-6,016
Goods, raw materials, services and sundry goods`60/61`	-	-	154,493	179,935	185,645	198,563	222,721	184,587	174,511	-	-
Remuneration, social security and pensions`62`	-	-	-	150	-	-	122	121	469	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,059	464	1,153	2,774	2,649	5,487	4,098	3,619	3,285	1,192	2,081
Other operating charges`640/8`	1,950	1,048	879	1,721	1,177	1,741	1,948	1,174	1,083	716	678
Operating profit (loss)`9901`	15,592	13,299	-733	33,801	16,413	4,862	8,712	5,937	8,689	17,716	-8,774
Financial income`75/76B`	1	-	1	0	0	0	-	1	17	-	9
Recurring financial income`75`	1	-	1	0	0	0	-	1	17	-	9
Financial charges`65/66B`	186	194	121	216	232	187	122	116	124	-	38
Recurring financial charges`65`	186	194	121	216	232	187	122	116	124	-	38
Profit (loss) for the period before taxes`9903`	15,406	13,105	-853	33,585	16,181	4,675	8,590	5,821	8,582	17,716	-8,804
Income taxes`67/77`	2,211	9,197	-	2,175	1,169	-	1,316	-	-	2,240	-
Profit (loss) for the period`9904`	13,195	3,908	-853	31,411	15,012	4,675	7,274	5,821	8,582	15,476	-8,804
Profit (loss) for the period to be appropriated`9905`	13,195	3,908	-853	31,411	15,012	4,675	7,274	5,821	8,582	15,476	-8,804
Appropriation of the result
Profit (loss) to be appropriated`9906`	97,007	83,813	79,905	80,758	49,347	34,335	26,488	21,075	15,253	6,672	-8,804
Profit (loss) brought forward from the previous period`14P`	83,813	79,905	80,758	49,347	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	31-12-2025	2026-00003236	PDF
31-12-2023	micro format	20-12-2024	2024-00626781	PDF
31-12-2022	micro format	31-12-2023	2024-00541000	PDF
31-12-2021	abbreviated format	29-12-2022	2023-20551598	PDF
31-12-2020	micro format	31-12-2021	2021-82500593	PDF
31-12-2019	micro format	31-10-2020	2020-66300214	PDF
31-12-2017	micro format	31-08-2018	2018-62100183	PDF
31-12-2016	micro format	31-08-2017	2017-57200337	PDF
31-12-2015	abbreviated format	30-08-2016	2016-58200175	PDF
31-12-2014	abbreviated format	30-08-2015	2015-52600567	PDF
31-12-2013	abbreviated format	31-08-2014	2014-55600567	PDF

Line	2024	2023	2022	2021	2020	2019	2017	2016	2015	2014	2013
EBITDA	16,651	13,763	421	36,575	19,062	10,349	12,809	9,556	11,973	18,908	-6,694
Cash flow	14,254	4,372	301	34,184	17,662	10,162	11,371	9,440	11,866	16,668	-6,724
Investment in fixed assets (approximation)	4,000	785	619	413	0	1,956	6,300	0	14,188	0	4,501
Change in cash	-7,597	-412	-3,181	-29,071	10,744	-	-4,875	17,338	-9,844	25,613	-
Working capital	113,300	103,046	99,459	99,777	66,006	48,345	36,233	31,162	21,719	17,843	1,175
EBIT margin	-	-	-0.5%	15.5%	8.5%	2.3%	3.7%	3.1%	4.7%	-	-
Solvency	72.3%	75.2%	79.7%	82.3%	53.7%	46.2%	60.7%	61.6%	65.0%	67.3%	37.5%
Current ratio	3.52	4.00	4.88	5.59	2.09	1.76	2.19	2.26	2.19	2.93	1.20
Quick ratio	3.49	3.65	3.28	5.55	2.07	1.72	2.13	2.17	2.18	2.86	0.45
Debt to equity	0.38	0.33	0.26	0.21	0.86	1.17	0.65	0.62	0.54	0.49	1.67
ROE	11.2%	3.7%	-0.8%	31.0%	21.5%	8.5%	15.5%	14.7%	25.4%	81.1%	-244.9%
ROA	8.1%	2.8%	-0.7%	25.5%	11.5%	3.9%	9.4%	9.0%	16.5%	54.6%	-91.8%
Interest coverage	89.45	71.01	3.48	over 100	-	-	-	-	-	-	-
Customer credit	-	-	61 days	123 days	125 days	112 days	55 days	2 days	3 days	-	-
Supplier credit	-	-	61 days	44 days	39 days	21 days	44 days	49 days	33 days	-	-

Item	2024	2023	2022	2021
Tangible fixed assets	€4,000	€785	€619	€413
Depreciation and write-downs of the year	€1,059	€464	€1,153	€2,774

NOR

Annual accounts 2024

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency72.3%

Current ratio3.52

Return on assets8.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on NOR

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