Equity
-€56,577
Debts exceed assets in financial year 2025.
NORG
Lifetime
2 annual accounts with figures on one time axispeak €25,541 (2025)
€25,541▲ 103%
lowest -€37,388 (2024)
-€29,189▲ €8,200
peak -€27,388 (2024)
-€56,577▼ €29,189
€562,938▲ 9.0%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
27-05-202665 days before the deadline
2025micro format
Gross margin from €12,571 to €25,541Loss of €29,189Registered office moved within Libramont 01-04Equity from -€27,388 to -€56,577Cash from €380 to €2,893
Key points
from the 2025 annual accountsLosses
-€66,577 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Turnover
≈ €100,000 estimated
The micro format states no turnover.
Debts
€562,938 111% of the balance sheet
Financial debts 80%Suppliers 1%Other 20%
Of this, €114,107 falls due within a year.
Investments
€43,363 1.5 × depreciation
Green is investment, beige is depreciation.
Starting capital
€10,000 100 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,250 companies had the same profile as NORG has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,250 companies, not a prediction for NORG. 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
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Signals
Board and ownership
Director, since 13-09-2023
Director, since 13-09-2023
- 50 sharesdeed of 15-09-2023
- 50 sharesdeed of 15-09-2023
Recent changes
Registered office moved within Libramont
New registered office: 63, rue du Village à 6800 Libramont · Previous registered office: Rue du Village, 65+-6800 Libramont · General meeting of 28-02-2025 · Gazette deed
Incorporation
Founding capital of €10,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 15-09-2023 · Gazette deed
Official details
Source: KBO- Status
- Active since 13-09-2023Normal situation
- Activity
- “L'achat, la vente, l'échange, le conseil, la négociation, la location, la gestion, l'exploitation, la…” (deed in French)From the articles, 8 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €506,361▲ 3.5%
- Filing
- Filed on 27-05-2026, 65 days before the end of the filing period
Insights on NORG
The 2025 annual accounts show negative equity (-€56,577) and a net result of -€29,189. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 NORG
- What is the company number of NORG?
- The company number of NORG is 0805.786.819. The VAT number is the same number with BE in front: BE 0805.786.819.
- Where is NORG based?
- The registered office is at Libramont,Rue du Village 63, 6800 Libramont-Chevigny.Company details
- What is the legal form of NORG?
- NORG is a private limited company (BV).
- When was NORG founded?
- NORG was founded on 13-09-2023.
- Is NORG still active?
- Yes, NORG is an active enterprise in the KBO register.
- What is the turnover of NORG?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €25,541 and 2,936 comparable companies of the same size. It probably lies between €62,000 and €180,000. It is a rough estimate.Financials
- Is NORG profitable?
- In financial year 2025, NORG made a loss of €29,189.
- Where can I find the annual accounts of NORG?
- NORG filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NORG due?
- NORG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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