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NORAX

Active Private limited companyfounded 2020active for 6 yearsEekhoornlaan 25, 3210 LubbeekKBO/BCE: BE 0748.995.002

Lifetime

5 annual accounts with figures on one time axis
peak €9,895 (2024)
€3,156▼ 68.1%
lowest -€4,092 (2023)
€540▼ 92.1%
peak €3,688 (2025)
€3,688▲ 17.1%
€11,194▼ 1.8%
Board1 name since 2020
1 director
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €9,895 to €3,156Result from €6,816 to €540Equity from €3,148 to €3,688

Key points

from the 2025 annual accounts

Turnover

≈ €15,000 estimated

The micro format states no turnover.

Debts

€11,194 75% of the balance sheet
Suppliers 17%Taxes and wages 50%Other 33%

Position in the sector

€3,688

Less equity than 88% of companies in head offices and management consultancy. Sector median €79,301 · 41,267 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,273 companies had the same profile as NORAX has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.6%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,273 companies, not a prediction for NORAX. 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.

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Signals

Board and ownership

Director
  • 100 sharesdeed of 29-06-2020
Board & ownership

Recent changes

Registered office moved from Tielt-Winge to Lubbeek New registered office: Eekhoornlaan 25, 3210 Lubbeek · Previous registered office: Leuvensesteenweg 152, 3390 Tielt-Winge, België · General meeting of 30-10-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0748995002
Registered office moved from Leuven to Tielt-Winge New registered office: Leuvensesteenweg 152 te 3390 Tielt-Winge · Previous registered office: Fonteinstraat 2-3000 Leuven · Gazette deed
Incorporation Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 29-06-2020 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
NORAX Lubbeek €14,882 €3,156 24.8% -
B.D.F. Limited Anderlues €14,761 €3,451 13.1% -
Apr. Pieter De Jonghe Avelgem €15,272 €3,087 27.3% -
JLD ORTOLAN Watermael-Boitsfort €15,798 €3,372 88.5% -
LDCIDE SRL Braine-le-Comte €15,000 €2,678 81.6% -
YF Management Wemmel €15,438 €2,360 96.2% -
IV TALENT Overijse €15,980 €4,398 98.0% -

These companies have the same main activity as NORAX: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €14,800 and €16,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 25-06-2020Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.304.055.4503390 Tielt-Winge, since 25-06-2020
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Annual accounts 2025

€14,882▲ 2.3%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on NORAX

NORAX files the micro format. That format states no turnover. The gross margin rose from -€1,023 in 2021 to €3,156 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 NORAX

What is the company number of NORAX?
The company number of NORAX is 0748.995.002. The VAT number is the same number with BE in front: BE 0748.995.002.
Where is NORAX based?
The registered office is at Eekhoornlaan 25, 3210 Lubbeek.Company details
What does NORAX do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of NORAX?
NORAX is a private limited company (BV).
When was NORAX founded?
NORAX was founded on 25-06-2020.
Is NORAX still active?
Yes, NORAX is an active enterprise in the KBO register.
What is the turnover of NORAX?
The turnover in financial year 2025 is ≈ €15,000. This figure is estimated from the gross margin of €3,156 and 207 comparable companies (NACE 70200). It probably lies between €6,700 and €29,000. It is a rough estimate.Financials
Is NORAX profitable?
In financial year 2025, NORAX made a profit of €540.
Where can I find the annual accounts of NORAX?
NORAX filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NORAX due?
NORAX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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