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NORMA-TECH

Active
Private limited companyfounded 2023active for 3 yearsLeuvensesteenweg 161, 3390 Tielt-Winge, BelgiumKBO/BCE: BE 0799.981.467
Summary

The computed 12-month bankruptcy probability of NORMA-TECH is 8.7% (elevated). The 2024 annual accounts show equity of €13,240 and a net result of €9,786. Its solvency ranks better than 24% of 9,842 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€76,324total assets 2024
Equity
€13,240
Profit
€9,786
Turnover not published (micro format)
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.7%
Structure
Accounts 72 days overdue1 of 5 deeds read
Why 34raises risk1 financial year not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 lateFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €76,324Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency 42+2
equity 17.3% of total assets
Liquidity 5-51
short-term debt 82.7% · cash 0.6%
Profitability 85+42
return on assets 12.8%
Bankruptcy probability, 12 months
8.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,392 companies, NACE 41, micro)
Last 24 months 11-2024: 7.9% 12-2024: 7.9%● unchanged vs 11-2024 01-2025: 6.1%▼ -1.8 percentage points vs 12-2024 02-2025: 6.0%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 6.2%▲ +0.2 percentage points vs 02-2025 04-2025: 7.0%▲ +0.8 percentage points vs 03-2025 05-2025: 7.5%▲ +0.5 percentage points vs 04-2025 06-2025: 7.3%▼ -0.2 percentage points vs 05-2025 07-2025: 7.2%▼ -0.1 percentage points vs 06-2025 08-2025: 7.8%▲ +0.6 percentage points vs 07-2025 09-2025: 7.8%● unchanged vs 08-2025 10-2025: 9.9%▲ +2.1 percentage points vs 09-2025 11-2025: 9.9%● unchanged vs 10-2025 12-2025: 11.3%▲ +1.4 percentage points vs 11-2025 01-2026: 11.1%▼ -0.2 percentage points vs 12-2025 02-2026: 11.1%● unchanged vs 01-2026 03-2026: 11.1%● unchanged vs 02-2026 04-2026: 12.5%▲ +1.4 percentage points vs 03-2026 05-2026: 13.2%▲ +0.7 percentage points vs 04-2026highest value 06-2026: 13.1%▼ -0.1 percentage points vs 05-2026 07-2026: 13.0%▼ -0.1 percentage points vs 06-2026 08-2026: 12.9%▼ -0.1 percentage points vs 07-2026 09-2026: 8.6%▼ -4.3 percentage points vs 08-2026 10-2026: 8.7%▲ +0.1 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.19, compared with 1.24 in 2023; short-term debt: 82.7% and cash: 0.6% of total assets), and 82.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 24% on solvency, 6% on liquidity, 68% on profitability and 96% on growth.

The bankruptcy probability was computed on 10-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 late
NBB · filings
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €76,324
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9842 sector peers (2024).
NBB · sector comparison
Position among 9842 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
138 days late
2023
141 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 140 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Registered-office move · Director in officeGazette deed
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Total assets 20242 financial years filed €76,324 View
  • Active since 2023founded 28-03-2023 3 years View

By topic

Financials

Financial year
2024
Total assets
€76,324
Profit
€9,786
Solvency
17.3%
Total assets▲ 238%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
28-03-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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