Financials
- Fiscal year
- 2025
- Total assets
- €1.3m
- Loss
- -€107,222
- Solvency
- 19.7%
Total assets▲ 0.6%
Net result
20192025
NORMALAB BELGIUM
ActiveSummary
NORMALAB BELGIUM has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255,832 and a net result of -€107,222. Equity is shrinking by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Manufacture of computer, electronic and optical products
NACE 26510NACE 33202
1 site
Size
€1.3mtotal assets 2025
- Staff
- 9.9 FTE
- Equity
- €255,832
- Loss
- -€107,222
Structure
Accounts 32 d early0 of 10 deeds read
Why 65- Loss of €107,222, the second in a row (FY 2025)- Size: 9.9 FTE, total assets €1.3m- Equity €255,832 (19.7% of total assets)+ Sector Manufacture of computer, electronic and optical products (NACE 26)Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 21% of its sector peers (NACE 26, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
45-8
equity 19.7% of total assets
Liquidity
10-2
short-term debt 80.2% · cash 3.0%
Profitability
9+9
return on assets -8.3%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.2%● 0.0% vs 11-2024
01-2025: 1.2%● 0.0% vs 12-2024
02-2025: 1.2%● 0.0% vs 01-2025
03-2025: 1.2%● 0.0% vs 02-2025
04-2025: 1.2%● 0.0% vs 03-2025
05-2025: 1.2%● 0.0% vs 04-2025
06-2025: 1.2%▲ +0.7% vs 05-2025
07-2025: 1.3%▲ +5.3% vs 06-2025
08-2025: 1.3%▲ +1.6% vs 07-2025
09-2025: 1.2%▼ -7.1% vs 08-2025
10-2025: 1.4%▲ +12.1% vs 09-2025highest value
11-2025: 0.8%▼ -40.3% vs 10-2025
12-2025: 0.8%● 0.0% vs 11-2025
01-2026: 0.8%● 0.0% vs 12-2025
02-2026: 0.8%▼ -2.1% vs 01-2026lowest value
03-2026: 0.8%● 0.0% vs 02-2026lowest value
04-2026: 0.8%● 0.0% vs 03-2026lowest value
05-2026: 0.8%● 0.0% vs 04-2026lowest value
06-2026: 0.8%▲ +7.1% vs 05-2026
07-2026: 0.9%▲ +5.7% vs 06-2026
08-2026: 0.9%▲ +1.6% vs 07-2026
09-2026: 0.8%▼ -9.5% vs 08-2026
10-2026: 1.0%▲ +21.3% vs 09-2026
- Loss of €107,222, the second in a row (FY 2025) raises the probability
- Sector Manufacture of computer, electronic and optical products (NACE 26) lowers the probability
- Size: 9.9 FTE, total assets €1.3m raises the probability for this profile
- Equity €255,832 (19.7% of total assets) raises the probability
Credit up to €16,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.08 in 2024; short-term debt: 80.2% and cash: 3% of total assets), and 80.3% 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 26, micro). Better than this share of them on solvency 31%, liquidity 11%, profitability 23%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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.
Credit check for your own amount and term
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€107,222
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 158 sector peers (2025).
NBB · sector comparisonPosition among 158 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
35 d early
2023
on the day
2022
25 d early
2021
59 d late
2020
1 d early
2019
21 d early
← 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 8 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 6 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close03-10-2026 today31-10-2026 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
Key points
- Risk: 7 loss-making years in a rowloss fiscal year 2025 -€107,222 View
- Caution: Among the weakest 17% on equitysector median €2.6m · 158 companies €255,832 View
- Positive: Result rose in 2025from -€207,006 to -€107,222 ▲ 48.2% View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
By topic
Timeline
- Events
- 12
- Since
- 2016
- Next accounts
- by 31-10-2026
- 29-09-2025Annual accounts filed
- 26-09-2024Annual accounts filed
- 31-10-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Manufacture of computer, electronic and optical productsNACE 26510
- Founded
- 12-01-1998
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
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