Result
-€38,977 -€38,977
From profit to loss in 2025, after a profit of €26,335 in 2024.
NOREMI
Lifetime
5 annual accounts with figures on one time axispeak €202,233 (2024)
€92,229▼ 54.4%
lowest -€38,977 (2025)
-€38,977▼ €65,312
peak €113,363 (2024)
€74,387▼ 34.4%
€119,375▼ 16.7%
Board2 names since 2021
2 directorsCLAERBOUT Kenneth Alexander and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €202,233 to €92,229Loss of €38,977Equity from €113,363 to €74,387Debts from €143,233 to €119,375
Key points
from the 2025 annual accountsTurnover
≈ €280,000 estimated
The micro format states no turnover.
Staff
8 employees on 31-12-2025
In 2025, 39 people joined and 39 left.
Filings
5 annual accounts 4 late
The 2025 accounts came latest: 31 days after the end of the period.
Board
1 left
A director left. Latest change 01-01-2026 · 1 in office.
Position in the sector
-€38,977
Lower net result than 88% of companies in accommodation. Sector median €2,264 · 1,609 companies.
Checked score
54
Fair
Financially stronger than 43% of micro companies in accommodation (NACE 55)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.8%▲ +0.4 percentage points vs 07-2025
09-2025: 0.3%▼ -0.5 percentage points vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%▲ +0.6 percentage points vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.7%▲ +0.7 percentage points vs 07-2026
09-2026: 1.9%▲ +0.2 percentage points vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026highest value
11-2026: 1.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Loss of €38,977 (financial year 2025)
Founded in 2021
lowers risk
Liquidity: current ratio 2.27, cash €67,034
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 55, micro). It does better than 62% of them on solvency, 89% on liquidity, 5% on profitability and 16% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as NOREMI has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NOREMI itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,591 companies, not a prediction for NOREMI. 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.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.27 (2.46 in 2024), above the usual 1.5. Short-term debt is 33.4% and cash 34.6% of total assets. However, 61.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
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. 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 · 5 filingsDeviation from the deadline
2025
31 days late
2024
18 days late
2023
22 days late
2022
47 days early
2021
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 11 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% 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 23 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- CLAERBOUT Kenneth Alexander 150 sharesdeed of 21-04-2021
- AVET Lindsey 150 sharesdeed of 21-04-2021
Recent changes
Registered office moved from Kaster to Avelgem
New registered office: Oudenaardsesteenweg 92, 8580 Avelgem · Previous registered office: Groeningestraat 1A, 8572 Kaster · Resignation: Lindsey Avet (director) · General meeting of 01-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0766853294
Incorporation
Founders: CLAERBOUT Kenneth Alexander (shareholder) and AVET Lindsey (shareholder) · 300 shares · Appointments: CLAERBOUT Kenneth Alexander (director) and AVET Lindsey (director) · published on 21-04-2021 · Gazette deed
First establishment
Huttegemstraat 5, Kruisem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOREMI Avelgem | €193,762 | €92,229 | 38.4% | - |
| VILLA OSTINATO HOTEL Ostend | €190,181 | €82,685 | 10.5% | - |
| THE SEASIDE Blankenberge | €192,815 | €138,631 | 33.2% | 1 |
| EML CONSTRUCT Langemark-Poelkapelle | €256,426 | €55,013 | 15.0% | - |
| Otel Bredene | €273,360 | €135,634 | 12.8% | - |
| Hotel Bornem Bornem | €167,982 | €66,664 | 40.5% | - |
| Van der Valk Hotel Laakdal Ham Tessenderlo Antwerp | €172,075 | €112,039 | 37.6% | - |
These companies have the same main activity as NOREMI: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €168,000 and €273,000, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 19-04-2021Normal situation
- Activity
- Hotels and similar accommodationNACE 55100
- Establishment unit
- 2.316.137.8889770 Kruisem, since 19-04-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 13-01-2026
Insights on NOREMI
NOREMI files the micro format. That format states no turnover. The gross margin rose from €47,133 in 2021 to €92,229 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 NOREMI
- What is the company number of NOREMI?
- The company number of NOREMI is 0766.853.294. The VAT number is the same number with BE in front: BE 0766.853.294.
- Where is NOREMI based?
- The registered office is at Oudenaardsesteenweg 92, 8580 Avelgem.Company details
- What does NOREMI do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of NOREMI?
- NOREMI is a private limited company (BV).
- When was NOREMI founded?
- NOREMI was founded on 19-04-2021.
- Is NOREMI still active?
- Yes, NOREMI is an active enterprise in the KBO register.
- How many employees does NOREMI have?
- NOREMI had an average of 7.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NOREMI?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €92,229 and 2,665 comparable companies of the same size. It probably lies between €180,000 and €480,000. It is a rough estimate.
- Is NOREMI profitable?
- In financial year 2025, NOREMI made a loss of €38,977.
- Where can I find the annual accounts of NOREMI?
- NOREMI filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOREMI due?
- NOREMI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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