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NORBERT VAN DE WALLE

Active
Private limited companyfounded 1991active for 35 yearsProvinciebaan 331, 9620 Zottegem, BelgiumKBO/BCE: BE 0443.511.417

From the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

NORBERT VAN DE WALLE has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.3m and a net result of €1.8m. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 70% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 14-03-1991 Normal situation
Activity
Joinery installation NACE 43320
Establishment units
2.052.346.883 9620 Zottegem, since 11-04-1991
2.242.309.111 9620 Zottegem, since 01-04-2015
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Board and ownership

Board
Auditor
A&C - bedrijfsrevisor BV

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€23.0m
▲ 5.6%
Profit
€1.8m
▲ 25.3%
Equity
€8.3m
▲ 11.5%
Total assets
€14.2m
▲ 3.3%
Staff
34.2 FTE
▲ 7.5%
Filed on 27-08-2026, 27 days after the deadlineat the National Bank
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 2.20, cash €423,617, halvedlowers riskFounded in 1991Profit of €1.8m (financial year 2025)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 84+4
equity 58.9% of total assets
Liquidity 42-3
short-term debt 29.1% · cash 3.0%
Profitability 79+4
return on assets 12.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,649 companies, NACE 43, small)
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 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%▼ -0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.2 (2.17 in 2024), above the usual 1.5. Short-term debt is 29.1% and cash 3% of total assets. 41.1% 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 43, small). It does better than 77% of them on solvency, 44% on liquidity, 70% on profitability and 63% 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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Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 2.20, cash €423,617, halved
NBB · annual accounts
lowers risk · Profit of €1.8m (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
26 days late
2023
27 days early
2022
21 days early
2021
45 days early
2020
37 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 10 July (4 of the last 5 accounts filed within 47 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 2021.
KBO publications

Key points

  • Positive: Largest employer in Zottegem, Construction sectorin the Checked rankings No. 1 View
  • Positive: 8 profitable years in a rowprofit 2025: €1.8m 8 years View
  • Positive: Result rose in 2025from €1.4m to €1.8m ▲ 25.3% View

Comparable companies

These companies have the same main activity as NORBERT VAN DE WALLE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €8.7m and €19m, founded between 1968 and 1996.

CompanyTotal assetsTurnover
NORBERT VAN DE WALLE Zottegem€14.2m€23.0m
M.S.B. Zelzate€8.7m€20.7m
Meyvaert Gent€13.2m€22.0m
KEUKENS VAN LOMMEL Geel€18.9m€15.3m
raamSELECT Rijkevorsel€11.3m€13.0m
Poels Halen€10.6m€27.6m
OSTYN FACILITIES Mouscron€9.4m€10.4m
Full comparison

Documents

Annual accounts at the NBB

All 35 annual accounts

Articles and registers

Key facts about NORBERT VAN DE WALLE

What is the company number of NORBERT VAN DE WALLE?
The company number of NORBERT VAN DE WALLE is 0443.511.417. The VAT number is the same number with BE in front: BE 0443.511.417.
Where is NORBERT VAN DE WALLE based?
The registered office is at Provinciebaan 331, 9620 Zottegem.Company details
What does NORBERT VAN DE WALLE do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of NORBERT VAN DE WALLE?
The legal form of NORBERT VAN DE WALLE is Private limited company (BV).
When was NORBERT VAN DE WALLE founded?
NORBERT VAN DE WALLE was founded on 14-03-1991.
Is NORBERT VAN DE WALLE still active?
Yes, NORBERT VAN DE WALLE is an active enterprise in the KBO register.
How many employees does NORBERT VAN DE WALLE have?
NORBERT VAN DE WALLE had an average of 34.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of NORBERT VAN DE WALLE?
The turnover of NORBERT VAN DE WALLE was €23.0m in financial year 2025, according to the filed annual accounts.
Is NORBERT VAN DE WALLE profitable?
In financial year 2025, NORBERT VAN DE WALLE made a profit of €1.8m.
Where can I find the annual accounts of NORBERT VAN DE WALLE?
NORBERT VAN DE WALLE filed 35 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 NORBERT VAN DE WALLE due?
NORBERT VAN DE WALLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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