NORAH België
The computed 12-month bankruptcy probability of NORAH België is 1.7% (moderate). The 2025 annual accounts show negative equity (€-527k) and a net result of €-129k. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-527k |
| Net result | €-129k |
| Staff (FTE) | 3.2 |
| Active | 7 yrs |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
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| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | €395k |
| EBITDA | €-107k |
| Net profit | €-129k |
| Cash flow | €-129k |
| Staff costs | €152k |
| Income taxes | - |
| Dividends | - |
| Total assets | €17k |
| Equity | €-527k |
| Debt | €543k |
| of which ≤ 1y | €6k |
| of which > 1y | €535k |
| Working capital | €4k |
| Employees (FTE) | 3.2 |
| 2025 | |
|---|---|
| Current ratio | 1.60 |
| Quick ratio | 1.60 |
| Working capital ratio | 21.4% |
| Solvency | -3161.8% |
| Debt / equity | -1.03 |
| Long-term debt ratio | -1.01 |
| Interest coverage | -4.69 |
| Gross margin | -12.6% |
| Net margin | -32.7% |
| ROA | -775.7% |
| ROE | 24.5% |
| EBITDA margin | -26.9% |
| Days sales outstanding | 7d |
| Days payable outstanding | 0d |
| Inventory turnover | - |
| Days inventory (DSI) | 0d |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €17k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €0 |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €9k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €7k |
| Cash & bank | 54/58 | €727 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €17k |
| Equity | 10/15 | €-527k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-533k |
| Amounts payable | 17/49 | €543k |
| Amounts payable after one year | 17 | €535k |
| Amounts payable within one year | 42/48 | €6k |
| Trade debts payable within one year | 44 | €0 |
| Income statement | ||
| Turnover | 70 | €395k |
| Gross operating margin | 9900 | €99k |
| Operating result | 9901 | €-107k |
| Financial charges | 65 | €23k |
| Result before taxes | 9903 | €-129k |
| Net result for the period | 9904 | €-129k |
| Result to be appropriated | 9905 | €-129k |
| NACE primary | Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)(47716) |
| Legal form | Private limited company(610) |
| Incorporation | 24-04-2019 |
| Status | Active |
| Postal code | 2200 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0060/00S000 | Flanders | 17.8 ha | 1 · 4.5 ha | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
16-09-2025 Registered office moved from Geel to Herentals
- Nieuwstraat 31A, 2440 Geel → HERENTALS, Industry - Atealaan 34, 2200 Herentals
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "HERENTALS, Industry - Atealaan 34, 2200 Herentals",
"city": "Herentals",
"region": "vlaams_gewest",
"street": "Atealaan",
"country": "BE",
"postcode": "2200",
"box_number": null,
"street_number": "34",
"locality_suffix": null
},
"old_address": {
"raw": "Nieuwstraat 31A, 2440 Geel",
"city": "Geel",
"region": "vlaams_gewest",
"street": "Nieuwstraat",
"country": "BE",
"postcode": "2440",
"box_number": null,
"street_number": "31A",
"locality_suffix": null
},
"effective_date": "2025-09-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2025-09-08",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bevoegde_bestuursorgaan",
"date": "2025-08-18",
"unanimous": null
},
"subject_company": {
"kbo": "0725.649.080",
"name_full": "NORAH Belgi\u00EB",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": "0466.871.391",
"org_name": "BV Crowe Spark Accountants en Belastingadviseurs",
"person_name": "Tom Zajtmann",
"org_rep_person_name": "Tom Zajtmann",
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"de notulen van de bestuursvergadering dd. 18/08/2025"
]
}09-05-2025 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2025-04-28",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bestuursorgaan",
"date": "2025-04-16",
"unanimous": null
},
"agm_change": null,
"detected_kind": "other_address_change",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": "Nieuwstraat 31A, 2440 Geel",
"address_old": "Gasthuisstraat 53, 2300 Turnhout",
"effective_date": "2025-04-19",
"effective_date_is_approximate": false
},
"mandate_renewal": null,
"subject_company": {
"kbo": "0725.649.080",
"name_full": "NORAH Belgi\u00EB",
"legal_form": "BV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Tom Zajtmann",
"org_rep_person_name": null
},
"co_filed_documents": [
"de notulen van de bestuursvergadering dd. 16/04/2025"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": {
"grantee_kbo": "0466.871.391",
"grantee_name": "BV Crowe Spark Accountants en Belastingadviseurs",
"grantor_name": "Het bestuursorgaan",
"scope_summary": "Volmacht verleend voor de uitvoering, verwerking en publicatie van de beslissingen van de vergadering, inclusief het vervullen van formaliteiten, het afleggen van verklaringen en het ondertekenen van documenten.",
"monetary_cap_eur": null,
"scope_categories": [
"tax",
"personnel",
"recovery",
"special_assets",
"other"
],
"termination_clause": "tot aan de uitdrukkelijke herroeping",
"substitution_allowed": true
},
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}| Legal nameNL | NORAH België |