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NORADML

Active
Private limited companyfounded 2023active for 3 yearsAvenue des Alliés 72, 4960 Malmedy, BelgiumKBO/BCE: BE 0802.413.692

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

NORADML has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €265,734 and a net result of €116,238. Equity has been growing by about 63% per year since 2023. Its solvency ranks better than 91% of 2,479 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 05-06-2023 Normal situation
Activity
Performing arts by independent artists NACE 90201and 2 others
Establishment unit
2.346.910.248 4960 Malmedy, since 05-06-2023
Financial year end
31 December
Peppol
Reachable since 05-07-2023

Board and ownership

Board

Financial position

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€163,191
▲ 53.5%
Turnover
≈ €410,000
estimated
Profit
€116,238
▲ 62.2%
Equity
€265,734
▲ 77.8%
Total assets
€290,424
▲ 69.2%
Filed on 06-07-2026, 25 days before the deadlineat the National Bank
Score breakdownraises riskFounded in 2023lowers riskSector: Arts creation and performing arts activities (NACE 90)Liquidity: current ratio 11.20, cash €128,361Equity €265,734 (91.5% of total assets)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 91% of micro companies in creative and performing arts (NACE 90)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 91.5% of total assets
Liquidity 100+2
short-term debt 8.5% · cash 44.2%
Profitability 100=
return on assets 40.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,430 companies, NACE 90, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 11.2 (7.28 in 2024), above the usual 1.5. Short-term debt is 8.5% and cash 44.2% of total assets. 8.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 88% of them on solvency, 96% on liquidity, 91% on profitability and 89% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Liquidity: current ratio 11.20, cash €128,361
NBB · annual accounts
lowers risk · Equity €265,734 (91.5% of total assets)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
25 days early
2024
24 days early
2023
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 30 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Equity rose in 2025from €149,496 to €265,734 ▲ 77.8% View
  • Positive: Higher net result than 95% of companies in creative and performing artssector median €6,335 · 2,475 companies €116,238 View

Comparable companies

These companies have the same main activity as NORADML: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €195,000 and €484,000, founded between 2022 and 2024.

CompanyTotal assetsGross margin
NORADML Malmedy€290,424€163,191
NONAM'S Knokke-Heist€282,624€135,630
NONCHALANT Zaventem€267,541€141,080
ENVO Herentals€327,936€181,195
SHINE Brussel€273,311€266,724
Twee beren Mol€483,973€163,240
Chantal Bekaert Zaventem€194,874€90,143
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about NORADML

What is the company number of NORADML?
The company number of NORADML is 0802.413.692. The VAT number is the same number with BE in front: BE 0802.413.692.
Where is NORADML based?
The registered office is at Avenue des Alliés 72, 4960 Malmedy.Company details
What does NORADML do?
According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
What is the legal form of NORADML?
The legal form of NORADML is Private limited company (BV).
When was NORADML founded?
NORADML was founded on 05-06-2023.
Is NORADML still active?
Yes, NORADML is an active enterprise in the KBO register.
What is the turnover of NORADML?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €163,191 and 2,213 comparable companies of the same size. It probably lies between €270,000 and €630,000. It is a rough estimate.Financials
Is NORADML profitable?
In financial year 2025, NORADML made a profit of €116,238.
Where can I find the annual accounts of NORADML?
NORADML filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of NORADML due?
NORADML must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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