NORD RESINE
ActiveSummary
NORD RESINE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €288k and a net result of €19k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-20
Solvency58=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.18 in 2024; short-term debt: 65.9% and cash: 7% of total assets), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
2.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
19 d late
2022
22 d late
2021
23 d late
2020
12 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19k▼ 12.6%
2024 · €21k
2018: €-7k
2019: €21k
2020: €55k
2021: €28k
2022: €22k
2023: €9k
2024: €21k
2018 → 2025
Working capital
€115k▲ 17.9%
2024 · €98k
2018: €-22k
2019: €-20k
2020: €-56k
2021: €77k
2022: €88k
2023: €87k
2024: €98k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€217k-€239k▲ 10.0%€248k▲ 3.7%€269k▲ 8.6%€288k▲ 7.0%
Operating result€106k-€37k▼ 65.3%€23k▼ 38.4%€41k▲ 83.6%€32k▼ 23.8%
Net result€28k-€22k▼ 22.6%€9k▼ 59.0%€21k▲ 141%€19k▼ 12.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €879k
Fixed assets
€184k ▼ 6.5%
Current assets
€694k ▲ 10.7%
Equity and liabilities €879k
Equity
€288k ▲ 7.0%
Debt
€591k ▲ 6.3%
Debt's share of the balance-sheet total falls from 67.3% to 67.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.20▲
2024 · 1.18
Quick ratio
1.18▲
2024 · 1.17
Debt to equity
2.05▼
2024 · 2.06
ROE
6.5%▼
2024 · 8.0%
ROA
2.1%▼
2024 · 2.6%
Debt ≤ 1 year
€579k▲
2024 · €530k
Debt > 1 year
€11k▼
2024 · €25k
Income taxes
€5k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€825k€879k▲
Fixed assets21/28€197k€184k▼
Tangible fixed assets22/27€13k-
Furniture and vehicles24€13k-
Financial fixed assets28€185k€184k=
Current assets29/58€627k€694k▲
Stocks and contracts in progress3€9k€11k▲
Stocks30/36€9k€11k▲
Amounts receivable within one year40/41€610k€622k▲
Trade receivables40€600k€612k▲
Other amounts receivable41€10k€10k▲
Cash at bank and in hand54/58€7k€62k▲
Deferred charges and accrued income490/1€2k€43▼
Equity and liabilities
Total equity and liabilities10/49€825k€879k▲
Equity10/15€269k€288k▲
Contributions10/11€64k€64k=
Reserves13€206k€224k▲
Distributable reserves133€206k€224k▲
Amounts payable17/49€555k€591k▲
Amounts payable after more than one year17€25k€11k▼
Financial debts170/4€25k€11k▼
Amounts payable within one year42/48€530k€579k▲
Current portion of amounts payable after more than one year42€22k€15k▼
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€454k€499k▲
Suppliers440/4€454k€499k▲
Taxes, remuneration and social security45€4k€15k▲
Taxes450/3€4k€15k▲
Accrued charges and deferred income492/3€895€834▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€53k€33k▼
Operating profit (loss)9901€41k€32k▼
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€31k€24k▼
Income taxes67/77€10k€5k▼
Profit (loss) for the period9904€21k€19k▼
Profit (loss) for the period to be appropriated9905€21k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€19k▼
Transfer to equity691/2€21k€19k▼
To other reserves6921€21k€19k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €55k ▲167%
Net result €55k, the highest in the series.
31-12
Financial
Equity above €200kEq €209k ▲13.7%
2 profitable years in a row build equity to €209k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue André Ernst 284800 VerviersGround area
3.2 ha
Building footprint
5,095 m²
Volume, LiDAR
32,124 m³
Parcel 63059A0328/00T000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NORD RESINE
since 19992.088.444.444
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63059A0328/00T000 | Wallonia | 3.2 ha | 1 · 5,095 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RIFORCE
BE 0879.654.594
Avelgem · Eq €287k
WM BUILDING SOLUTIONS
BE 0561.870.619
Heers · Eq €289k
LUTSCH BETON
BE 0889.107.542
Hasselt · Eq €285k
ALBOMAT
BE 0440.648.036
Genk · Eq €291k
M.B.S.
BE 0453.642.076
Sint-Katelijne-Waver · Eq €292k
Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 991 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-1998
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.