NORSOM
InactiveNORSOM was declared bankrupt on 10-10-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 23-11-2023, published in the Belgian State Gazette on 01-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 31-01-2022, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
on the day
2020
1 d late
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€10k▼ 62.8%
2020 · €26k
2019: €25k
2020: €26k
2019 → 2021
Total assets
€26k▼ 41.6%
2020 · €45k
2019: €40k
2020: €45k
2019 → 2021
Net result
€-17k
2020 · €1k
2019: €2k
2020: €1k
2019 → 2021
Working capital
€7k▼ 68.3%
2020 · €22k
2019: €20k
2020: €22k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€25k-€26k▲ 4.2%€10k▼ 62.8%
Operating result€4k-€2k▼ 42.3%€-15k
Net result€2k-€1k▼ 52.6%€-17k
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 2021: a loss of €15k after €2k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €26k
Fixed assets
€3k▼ 34.2%
Current assets
€24k▼ 42.4%
Equity and liabilities €26k
Equity
€10k▼ 62.8%
Debt
€16k▼ 11.5%
The debt ratio rises from 41.3% to 62.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2020 · €5k
Cash flow
€-15k▼
2020 · €4k
Solvency
37.4%▼
2020 · 58.7%
Current ratio
1.43▼
2020 · 2.19
Quick ratio
1.35▼
2020 · 2.15
ROE
-168.8%▼
2020 · 4.0%
ROA
-63.1%▼
2020 · 2.4%
Debt
€16k▼
2020 · €19k
Debt ≤ 1 year
€16k▼
2020 · €19k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€45k€26k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€3k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€41k€24k▼
Stocks and contracts in progress3€763€1k▲
Amounts receivable within one year40/41€27k€4k▼
Cash at bank and in hand54/58€13k€18k▲
Equity and liabilities
Total equity and liabilities10/49€45k€26k▼
Equity10/15€26k€10k▼
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€6k€-11k▼
Amounts payable17/49€19k€16k▼
Amounts payable within one year42/48€19k€16k▼
Trade debts44€11k€11k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Gross operating margin9900€38k€3k▼
Operating profit (loss)9901€2k€-15k▼
Recurring financial income75€725-
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€1k€-17k▼
Profit (loss) for the period9904€1k€-17k▼
Profit (loss) for the period to be appropriated9905€1k€-17k▼
Timeline · acts, filings and financial milestones
2023
01-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · NORSOM SPRL RUE UYTTENHOVE 71/7, 1090 JETTE. déclarée le 10 octobre 2022 · event 23-11-2023
2022
18-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · NORSOM SPRL RUE UYTTEN- HOVE 71/7, 1090 JETTE · event 10-10-2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-17k ▼1652%
Net result drops to €-17k, the lowest in the series.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
13-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 13 days late
2013
31-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2012
28-12
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 BRUXELLES 5 |
10-10-2022 → present |