Financials
- Fiscal year
- 2025
- Turnover
- €43.6m
- Profit
- €202,899
- Solvency
- 30.1%
Turnover▲ 6.8%
Net result
20182025
NORENCA
ActiveSummary
NORENCA has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of €202,899. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 5451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Wholesale of live animals
NACE 46231Wholesale of meat and meat products, excluding game and poultry NACE 46321NACE 51230
#2 company by staff growth in Geel, Wholesale and retail trade sector1 site
How big
€43.6mturnover 2025
- Staff
- 49.4 FTE
- Equity
- €3.9m
- Profit
- €202,899
Who decides
- Parent
- SOPRACO · 99.6%
Auditor: L&S Réviseurs d'Entreprises, L&S Bedrijfsrevisoren, L&S Registered AuditorsAccounts 24 d early1 of 21 deeds read
Why 82- Liquidity: current ratio 1.43, cash €687+ Founded in 1974+ Size: turnover €43.6m, 49.4 FTE, total assets €13.0m+ Legal form Public limited companyShow the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Better than 35% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
55=
equity 30.1% of total assets
Liquidity
13-12
short-term debt 69.9% · cash 0.0%
Profitability
46+13
return on assets 1.6%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Liquidity: current ratio 1.43, cash €687 raises the probability
- Founded in 1974 lowers the probability for this profile
- Size: turnover €43.6m, 49.4 FTE, total assets €13.0m lowers the probability for this profile
- Legal form Public limited company lowers the probability
Credit up to €320,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.4 in 2024; short-term debt: 69.9% and cash: 0% of total assets), and 69.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 35%, liquidity 10%, profitability 30%, growth against the median 63%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
30 d early
2023
27 d early
2022
4 d early
2021
17 d early
2020
25 d early
2019
53 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 11 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointment: L&S Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Maria Otten, Maxim…
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
Key points
- Positive: Result rose in 2025from €20,570 to €202,899 ▲ 886% View
- Positive: Company by staff growth in Geel, Wholesale and…in the Checked rankings #2 View
- Controlled by SOPRACO 99.6% View
- Positive: Always filed on timeaccounts within the deadline every year 6 years View
- Active since 1974founded 31-10-1974 51 years View
By topic
Board & ownership
- Parent
- SOPRACO · 99.6%
- Auditor
- L&S Réviseurs d'Entreprises, L&S…
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 19-08-2026Reappointment: L&S Bedrijfsrevisoren BV (statutory auditor)
- 07-07-2026Annual accounts filed
- 01-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of live animalsNACE 46231
- Founded
- 31-10-1974
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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