Norling
ActiveThe computed 12-month bankruptcy probability of Norling is 4.2% (elevated). The 2025 annual accounts show equity of €13k and a net result of €3k. Its solvency ranks better than 45% of 13270 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability75
Solvency50
Growth-
Track record67
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.62; short-term debt: 75.1% and cash: 29.2% of total assets), and 75.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
35 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€13k
Total assets
€50k
Net result
€3k
Working capital
€-14k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €50k
Fixed assets
€27k
Current assets
€23k
Equity and liabilities €50k
Equity
€13k
Debt
€38k
Debt finances 75.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€8k
Cash flow
€7k
Solvency
24.9%
Current ratio
0.62
Quick ratio
0.58
Debt / equity
3.01
ROE
20.2%
ROA
5.0%
Interest coverage
10.75
Debt
€38k
Debt ≤ 1 year
€38k
Income taxes
€451
Staff costs
€9k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€50k
Fixed assets21/28€27k
Tangible fixed assets22/27€27k
Plant, machinery and equipment23€26k
Furniture and vehicles24€1k
Current assets29/58€23k
Stocks and contracts in progress3€2k
Stocks30/36€2k
Amounts receivable within one year40/41€7k
Trade receivables40€3k
Other amounts receivable41€4k
Cash at bank and in hand54/58€15k
Deferred charges and accrued income490/1€201
Equity and liabilities
Total equity and liabilities10/49€50k
Equity10/15€13k
Contributions10/11€10k
Reserves13€3k
Distributable reserves133€3k
Amounts payable17/49€38k
Amounts payable within one year42/48€38k
Trade debts44€13k
Suppliers440/4€13k
Taxes, remuneration and social security45€6k
Taxes450/3€2k
Remuneration and social security454/9€4k
Other amounts payable47/48€18k
Income statement
Code2025
Non-recurring operating income76A€35
Remuneration, social security and pensions62€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Non-recurring operating charges66A€1k
Gross operating margin9900€18k
Operating profit (loss)9901€4k
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€731
Recurring financial charges65€731
Profit (loss) for the period before taxes9903€3k
Income taxes67/77€451
Profit (loss) for the period9904€3k
Profit (loss) for the period to be appropriated9905€3k
Appropriation of the result
Profit (loss) to be appropriated9906€3k
Transfer to equity691/2€3k
To other reserves6921€3k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Dendermonde · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brusselsestraat (DEN) 329200 DendermondeGround area
163 m²
Building footprint
126 m²
Volume, LiDAR
948 m³
Parcel 42006D0185/00D000, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sushi Chére
since 20242.365.179.011
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006D0185/00D000 | Flanders | 163 m² | 1 · 126 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.365.179.011
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ROJHELAT
BE 0759.569.089
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EVE'S GARDEN
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Koikil
BE 0790.690.055
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G.H.P.H.
BE 0861.600.322
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MATIZ.
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-2024
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.