NOROQ
ActiveNOROQ 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 €22k and a net result of €-7k. Equity is growing by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 7971 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
9 d early
2023
on the day
2022
2 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 24.5%
2024 · €29k
2022: €6k
2023: €20k
2024: €29k
2022 → 2025
Net result
€-7k
2024 · €15k
2022: €28k
2023: €30k
2024: €15k
2022 → 2025
Total assets
€24k▼ 44.4%
2024 · €43k
2022: €40k
2023: €46k
2024: €43k
2022 → 2025
Solvency
93.0%▲ 24.6pp
2024 · 68.4%
2022: 15.4%
2023: 43.5%
2024: 68.4%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€6k-€20k▲ 224%€29k▲ 46.4%€22k▼ 24.5%
Operating result€35k-€40k▲ 14.5%€19k▼ 52.8%€-7k
Net result€28k-€30k▲ 10.1%€15k▼ 50.7%€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €19k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets
€16k▼ 0.6%
Current assets
€8k▼ 70.1%
Equity and liabilities €24k
Equity
€22k▼ 24.5%
Debt
€2k▼ 87.7%
The debt ratio falls from 31.6% to 7.0%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
93.0%▲
2024 · 68.4%
ROE
-32.4%▼
2024 · 50.9%
ROA
-30.1%▼
2024 · 34.8%
Debt
€2k▼
2024 · €14k
Debt ≤ 1 year
€2k▼
2024 · €14k
Income taxes
€0▼
2024 · €4k
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€43k€24k▼
Fixed assets21/28€16k€16k▼
Tangible fixed assets22/27€16k€16k▼
Furniture and vehicles24-€1k
Other tangible fixed assets26€16k€15k▼
Current assets29/58€27k€8k▼
Amounts receivable within one year40/41€600€255▼
Other amounts receivable41€600€255▼
Cash at bank and in hand54/58€27k€8k▼
Equity and liabilities
Total equity and liabilities10/49€43k€24k▼
Equity10/15€29k€22k▼
Contributions10/11€4k€4k=
Reserves13€25k€18k▼
Distributable reserves133€25k€18k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€14k€2k▼
Amounts payable within one year42/48€14k€2k▼
Trade debts44€3k€652▼
Suppliers440/4€3k€652▼
Taxes, remuneration and social security45€5k€0▼
Taxes450/3€5k€0▼
Other amounts payable47/48€6k€1k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€742€1k▲
Other operating charges640/8€826€928▲
Gross operating margin9900€20k€-5k▼
Operating profit (loss)9901€19k€-7k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€58€58▼
Recurring financial charges65€58€58▼
Profit (loss) for the period before taxes9903€19k€-7k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€15k€-7k▼
Profit (loss) for the period to be appropriated9905€15k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-7k▼
Transfer from equity791/2-€7k
Transfer to equity691/2€9k€0▼
To other reserves6921€9k€0▼
Profit to be distributed694/7€6k€0▼
Return on contributions (dividend)694€6k€0▼
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
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-7k ▼148%
Net result drops to €-7k, the lowest in the series.
31-03
Financial
Liquidity doublescurrent ratio 4.85
Current ratio from 2.00 to 4.85; short-term debt falls from €14k to €2k.
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2022net €30k ▲10.1%
Operating result €40k, net result €30k, both a record.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 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, Merelbeke-Melle · 1 establishment unit since 2020
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.
Peter Benoitlaan 289820 Merelbeke-MelleGround area
438 m²
Building footprint
107 m²
Volume, LiDAR
639 m³
Parcel 44043A0193/00R005, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NOROQ
since 20202.304.170.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0193/00R005 | Flanders | 438 m² | 1 · 107 m² | 10.0 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.
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 7,739 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-2020
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.