NORIB
ActiveSummary
NORIB has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €673,986 and a net result of €886,354. Equity is shrinking by ~58.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+93
Solvency96▲+94
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
short-term debt: 0.3% and cash: 21.4% of total assets, and 29% 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
71%
Return on assets
93.4%
Age of the figures
9 mo
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
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 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 d early
2024
13 d early
2023
98 d early
2022
29 d late
2021
40 d early
2020
31 d late
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 21 June (4 of the last 5 filed years within 57 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€673,986
2024 · -€212,368
Total assets
€949,008▲ 5.0%
2024 · €903,822
Net result
€886,354
2024 · -€84,887
Working capital
€605,255▲ 42,826%
2024 · €1,410
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€12,593▲ 72.5%-€21,874▼ 73.7%-€85,310▼ 290%-€84,865▲ 0.5%€1.1m
Net result-€12,718▲ 72.4%-€21,923▼ 72.4%-€85,356▼ 289%-€84,887▲ 0.5%€886,354
Equity-€20,202▼ 170%-€42,125▼ 109%-€127,481▼ 203%-€212,368▼ 66.6%€673,986
Total assets€793,491▲ 0.7%€793,772=€794,151=€903,822▲ 13.8%€949,008▲ 5.0%
Debt€813,693▲ 2.3%€835,897▲ 2.7%€921,632▲ 10.3%€1.1m▲ 21.1%€17,074▼ 98.5%
Working capital€10,810▲ 46.7%€8,845▼ 18.2%-€5,334€1,410€605,255▲ 42,826%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1.1m after a loss of €84,865 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €949,008
Fixed assets
€340,947 ▼ 56.7%
Current assets
€608,061 ▲ 420%
Equity and liabilities €949,008
Equity
€673,986
Provisions
€257,947
Debt
€17,074
Debt finances 1.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€1.1m▲
2024 · -€68,234
Cash flow
€888,302▲
2024 · -€68,256
Debt to equity
0.03▲
2024 · -5.26
ROE
131.5%
ROA
93.4%▲
2024 · -9.4%
Interest coverage
1516.53▲
2024 · -1202.78
Debt ≤ 1 year
€2,806▼
2024 · €115,522
Debt > 1 year
€14,268▼
2024 · €1.0m
A ratio outside any meaningful range has been withheld (balance sheet total €949,008, equity €673,986).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,810 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,157 | €14,958 | €15,777 | €16,631 | €1,948 | ▼ 88.3% |
| Other operating charges640/8 | €2,278 | €2,313 | €1,967 | €2,035 | €1,716 | ▼ 15.7% |
| Non-recurring operating charges66A | - | - | - | €57,720 | -€57,720 | ▼ 200% |
| Gross operating margin9900 | €3,842 | -€4,603 | -€67,566 | -€8,479 | €1.1m | ▲ 12,927% |
| Operating profit (loss)9901 | -€12,593 | -€21,874 | -€85,310 | -€84,865 | €1.1m | ▲ 1,445% |
| Financial income75/76B | - | - | - | €35 | €3,359 | ▲ 9,575% |
| Recurring financial income75 | - | - | - | €35 | €3,359 | ▲ 9,575% |
| Financial charges65/66B | €125 | €49 | €46 | €57 | €754 | ▲ 1,229% |
| Recurring financial charges65 | €125 | €49 | €46 | €57 | €754 | ▲ 1,229% |
| Profit (loss) for the period before taxes9903 | -€12,718 | -€21,923 | -€85,356 | -€84,887 | €1.1m | ▲ 1,448% |
| Transfer to deferred taxes680 | - | - | - | - | €257,947 | - |
| Profit (loss) for the period9904 | -€12,718 | -€21,923 | -€85,356 | -€84,887 | €886,354 | ▲ 1,144% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €773,842 | - |
| Profit (loss) for the period to be appropriated9905 | -€12,718 | -€21,923 | -€85,356 | -€84,887 | €112,512 | ▲ 233% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €793,491 | €793,772 | €794,151 | €903,822 | €949,008 | ▲ 5.0% |
| Fixed assets21/28 | €782,671 | €783,986 | €784,875 | €786,890 | €340,947 | ▼ 56.7% |
| Tangible fixed assets22/27 | €782,671 | €783,986 | €784,875 | €786,890 | €337,947 | ▼ 57.1% |
| Land and buildings22 | €782,671 | €783,986 | €784,875 | €786,890 | €337,947 | ▼ 57.1% |
| Financial fixed assets28 | - | - | - | - | €3,000 | - |
| Current assets29/58 | €10,820 | €9,786 | €9,276 | €116,932 | €608,061 | ▲ 420% |
| Amounts receivable within one year40/41 | €6,000 | €6,000 | €6,000 | - | €104,770 | - |
| Trade receivables40 | €6,000 | €6,000 | €6,000 | - | €104,770 | - |
| Current investments50/53 | - | - | - | - | €300,000 | - |
| Cash at bank and in hand54/58 | €4,820 | €3,182 | €3,276 | €116,795 | €203,291 | ▲ 74.1% |
| Deferred charges and accrued income490/1 | - | €604 | - | €137 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €793,491 | €793,772 | €794,151 | €903,822 | €949,008 | ▲ 5.0% |
| Equity10/15 | -€20,202 | -€42,125 | -€127,481 | -€212,368 | €673,986 | ▲ 417% |
| Contributions10/11 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Reserves13 | €6,000 | €6,000 | €6,000 | €6,000 | €779,842 | ▲ 12,897% |
| Non-distributable reserves130/1 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves not available under the articles1311 | €6,000 | €6,000 | €6,000 | €6,000 | - | - |
| Own shares acquired1312 | - | - | - | - | €6,000 | - |
| Tax-exempt reserves132 | - | - | - | - | €773,842 | - |
| Profit (loss) carried forward14 | -€86,202 | -€108,125 | -€193,481 | -€278,368 | -€165,857 | ▲ 40.4% |
| Provisions and deferred taxes16 | - | - | - | - | €257,947 | - |
| Deferred taxes168 | - | - | - | - | €257,947 | - |
| Amounts payable17/49 | €813,693 | €835,897 | €921,632 | €1.1m | €17,074 | ▼ 98.5% |
| Amounts payable after more than one year17 | €813,683 | €834,956 | €907,022 | €1.0m | €14,268 | ▼ 98.6% |
| Other amounts payable178/9 | €813,683 | €834,956 | €907,022 | €1.0m | €14,268 | ▼ 98.6% |
| Amounts payable within one year42/48 | €10 | €941 | €14,610 | €115,522 | €2,806 | ▼ 97.6% |
| Trade debts44 | €10 | €941 | €10 | €57,730 | €2,806 | ▼ 95.1% |
| Suppliers440/4 | €10 | €941 | €10 | €57,730 | €2,806 | ▼ 95.1% |
| Advances received on contracts in progress46 | - | - | €14,600 | €57,792 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,718 | -€21,923 | -€85,356 | -€84,887 | €886,354 | ▲ 1,144% |
| + Depreciation and write-downs630 | €14,157 | €14,958 | €15,777 | €16,631 | €1,948 | ▼ 88.3% |
| Operating cash flow (approximation) | €1,439 | -€6,965 | -€69,579 | -€68,256 | €888,302 | ▲ 1,401% |
| Investment in fixed assets (approximation) | - | -€16,273 | -€16,666 | -€18,646 | €443,996 | ▲ 2,481% |
| Change in cash | - | -€1,638 | €94 | €113,519 | €86,496 | ▼ 23.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €886,354
Net result €886,354 after 6 loss-making years.
31-12
Financial
Liquidity times 214current ratio 216.67
Current ratio from 1.01 to 216.67; short-term debt falls from €115,522 to €2,806.
31-12
Financial
Equity above €500,000Eq €673,986
Equity rises from -€212,368 to €673,986.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€85,356
Net result drops to -€85,356, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity times 46current ratio 738.10
Current ratio from 16.05 to 738.10; short-term debt falls from €679 to €10.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Ciney · 1 establishment unit since 2008
Ground area
986 m²
Building footprint
107 m²
Parcel 91030B0318/00D002, Wallonia. Linked by address, not a title deed.
1 establishment unit
NORIB
since 20082.176.002.780
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030B0318/00D002indicative | Wallonia | 986 m² | 1 · 107 m² | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded27-11-2008
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0808072455
Also
9925:BE0808072455
Registered
26-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.