NORMI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €182k and a net result of €23k. Equity is growing by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 8018 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
1 d late
2022
49 d early
2021
39 d early
2020
26 d late
2019
68 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€182k▲ 14.5%
2024 · €159k
2018: €19k
2019: €23k
2020: €30k
2021: €32k
2022: €117k
2023: €150k
2024: €159k
2018 → 2025
Net result
€23k▲ 157%
2024 · €9k
2018: €11k
2019: €3k
2020: €7k
2021: €2k
2022: €85k
2023: €33k
2024: €9k
2018 → 2025
Total assets
€294k▲ 40.8%
2024 · €209k
2018: €134k
2019: €129k
2020: €120k
2021: €141k
2022: €227k
2023: €234k
2024: €209k
2018 → 2025
Solvency
62.0%▼ 14.2pp
2024 · 76.2%
2018: 14.5%
2019: 17.6%
2020: 24.9%
2021: 23.0%
2022: 51.7%
2023: 64.1%
2024: 76.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€117k▲ 262%€150k▲ 27.8%€159k▲ 6.0%€182k▲ 14.5%
Operating result€6k-€118k▲ 1,770%€46k▼ 61.1%€14k▼ 68.5%€29k▲ 99.0%
Net result€2k-€85k▲ 3,343%€33k▼ 61.6%€9k▼ 72.5%€23k▲ 157%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 99% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €294k
Fixed assets
€38k▲ 895%
Current assets
€255k▲ 24.8%
Equity and liabilities €294k
Equity
€182k▲ 14.5%
Debt
€112k▲ 125%
The debt ratio rises from 23.8% to 38.0%. Equity and debt are higher.
Key figures and ratios
Solvency
62.0%▼
2024 · 76.2%
ROE
12.7%▲
2024 · 5.7%
ROA
7.9%▲
2024 · 4.3%
Debt
€112k▲
2024 · €50k
Debt ≤ 1 year
€33k▲
2024 · €14k
Debt > 1 year
€79k▲
2024 · €35k
Income taxes
€6k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€209k€294k▲
Fixed assets21/28€4k€38k▲
Tangible fixed assets22/27€4k€38k▲
Land and buildings22€2k€37k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€102€77▼
Current assets29/58€205k€255k▲
Amounts receivable after more than one year29€62k€62k=
Trade receivables290€62k€62k=
Amounts receivable within one year40/41€74k€103k▲
Trade receivables40-€3k
Other amounts receivable41€74k€100k▲
Cash at bank and in hand54/58€67k€88k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€209k€294k▲
Equity10/15€159k€182k▲
Contributions10/11€12k€12k=
Reserves13€85k€85k=
Distributable reserves133€85k€85k=
Profit (loss) carried forward14€62k€85k▲
Amounts payable17/49€50k€112k▲
Amounts payable after more than one year17€35k€79k▲
Financial debts170/4€35k€79k▲
Amounts payable within one year42/48€14k€33k▲
Current portion of amounts payable after more than one year42€10k€20k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€18k€33k▲
Operating profit (loss)9901€14k€29k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€12k€29k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€9k€23k▲
Profit (loss) for the period to be appropriated9905€9k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€85k▲
Profit (loss) brought forward from the previous period14P€53k€62k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 14.40
Current ratio from 5.87 to 14.40; short-term debt falls from €39k to €14k.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-12
Financial
Equity above €150kEq €150k ▲27.8%
6 profitable years in a row build equity to €150k.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €85k ▲3343%
Operating result €118k, net result €85k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲262%
5 profitable years in a row build equity to €117k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €2k ▼66.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudenaarde · 1 establishment unit since 2009
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.
Bergstraat 309700 OudenaardeGround area
282 m²
Building footprint
109 m²
Volume, LiDAR
755 m³
Parcel 45035C0318/00H000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
"NORMI"
since 20092.177.448.080
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45035C0318/00H000 | Flanders | 282 m² | 1 · 109 m² | 11.5 m · 2 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.
Similar companies · same sector, comparable size
QUALIFINAS
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BERT JACOBS
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Motivos
BE 0742.706.036
Schilde · Eq €182k
Cox
BE 0473.504.213
Hasselt · Eq €182k
DKonsult & Invest
BE 0774.601.418
Koksijde · Eq €182k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,526 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2009
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
77400Rental and leasing activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.