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NOREL

Active
Private limited companyfounded 198145 yrs activeCarembergstraat(P.E.) 66, 7850 Enghien, BelgiumKBO/BCE: BE 0421.149.056
Summary

NOREL has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €233,374 and a net result of €13,826. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 1815 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
NORELActiveChecked score 80/100
Risk analysis ReportCompare

Overview

What they do
Advertising agencies
NACE 73110Manufacture of rubber and plastic products NACE 22260NACE 22290
#2 oldest company in Enghien, Professional and technical services sector1 site
How big
€355,083total assets 2025
Staff
3.3 FTE
Equity
€233,374
Profit
€13,826
Financially healthy?
80 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Who decides
Accounts filed 45 d late0 of 5 deeds read
Why 80- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profileA punctual record breaksShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+4
Solvency91▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 3.36 against 3.33 in 2024; short-term debt: 22.8% and cash: 13.8% of total assets), and 34.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 45 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
65.7%
Return on assets
3.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
45 d late
2024
62 d early
2023
2 d early
2022
33 d early
2021
65 d early
2020
19 d early
2019
66 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

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. Usually files around 28 June (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Oldest company in Enghien, Professional and technical services…in the Checked rankings #2 View
  • Positive: 7 profitable years in a rowprofit 2025: €13,826 7 years View
  • Active since 1981founded 13-01-1981 45 years View

By topic

Financials

Fiscal year
2025
Total assets
€355,083
Profit
€13,826
Solvency
65.7%
Total assets▼ 13.7%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 14-09-2026Annual accounts filed
  2. 30-05-2025Annual accounts filed
  3. 29-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Advertising agenciesNACE 73110
Founded
13-01-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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