NORUSTA
ActiveNORUSTA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88k and a net result of €68k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency78▲+56
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.16 in 2023), but 57.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €88k
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 01-12-2025, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
123 d late
2023
87 d late
2022
107 d late
2021
128 d late
2020
122 d late
2019
108 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€88k▲ 335%
2023 · €20k
2018: €-14k
2019: €-16k
2020: €-7k
2021: €-5k
2022: €20k
2023: €20k
2018 → 2024
Total assets
€208k▲ 13.8%
2023 · €183k
2018: €30k
2019: €157k
2020: €182k
2021: €173k
2022: €152k
2023: €183k
2018 → 2024
Net result
€68k▲ 50.6%
2023 · €45k
2018: €1k
2019: €-2k
2020: €9k
2021: €2k
2022: €24k
2023: €45k
2018 → 2024
Working capital
€75k▲ 239%
2023 · €22k
2018: €-3k
2019: €-8k
2020: €12k
2021: €-13k
2022: €8k
2023: €22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-7k-€-5k▲ 32.3%€20k€20k▲ 2.3%€88k▲ 335%
Operating result€117k-€80k▼ 32.1%€105k▲ 32.5%€65k▼ 38.7%€96k▲ 47.8%
Net result€9k-€2k▼ 75.0%€24k▲ 1,003%€45k▲ 84.4%€68k▲ 50.6%
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 2024; 2024 is 48% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €208k
Fixed assets
€13k▼ 35.0%
Current assets
€196k▲ 19.7%
Equity and liabilities €208k
Equity
€88k▲ 335%
Debt
€120k▼ 26.0%
The debt ratio falls from 89.0% to 57.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€102k▲
2023 · €74k
Cash flow
€75k▲
2023 · €54k
Solvency
42.2%▲
2023 · 11.0%
Current ratio
1.62▲
2023 · 1.16
Quick ratio
1.62▲
2023 · 1.16
Debt / equity
1.37▼
2023 · 8.06
ROE
77.0%▼
2023 · 222.5%
ROA
32.5%▲
2023 · 24.5%
Interest coverage
36.84▼
2023 · 44.27
Debt
€120k▼
2023 · €163k
Debt ≤ 1 year
€120k▼
2023 · €141k
Debt > 1 year
€0▼
2023 · €22k
Income taxes
€25k▲
2023 · €18k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€183k€208k▲
Fixed assets21/28€20k€13k▼
Tangible fixed assets22/27€20k€13k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€11k€10k▼
Current assets29/58€163k€196k▲
Amounts receivable within one year40/41€65k€107k▲
Trade receivables40€42k€25k▼
Other amounts receivable41€22k€82k▲
Cash at bank and in hand54/58€10k€6k▼
Deferred charges and accrued income490/1€89k€82k▼
Equity and liabilities
Total equity and liabilities10/49€183k€208k▲
Equity10/15€20k€88k▲
Contributions10/11€19k€19k=
Reserves13€2k€69k▲
Distributable reserves133€2k€69k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€163k€120k▼
Amounts payable after more than one year17€22k€0▼
Financial debts170/4€22k€0▼
Amounts payable within one year42/48€141k€120k▼
Current portion of amounts payable after more than one year42€26k€35k▲
Trade debts44€21k€12k▼
Suppliers440/4€21k€12k▼
Taxes, remuneration and social security45€29k€16k▼
Taxes450/3€29k€16k▼
Other amounts payable47/48€65k€58k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€2k€798▼
Gross operating margin9900€76k€103k▲
Operating profit (loss)9901€65k€96k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€63k€93k▲
Income taxes67/77€18k€25k▲
Profit (loss) for the period9904€45k€68k▲
Profit (loss) for the period to be appropriated9905€45k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€68k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€454€68k▲
To other reserves6921€454€68k▲
Profit to be distributed694/7€45k€0▼
Return on contributions (dividend)694€45k€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 123 days late
2024
31-12
Financial
Highest result since 2018net €68k ▲50.6%
Net result €68k, the highest in the series.
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 87 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 107 days late
2022
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 128 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-12
Financial
Weakest financial yearnet €-2k ▼246%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 132 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 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, Brasschaat
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.
Donkseinde 402930 BrasschaatGround area
1,234 m²
Building footprint
210 m²
Volume, LiDAR
1,106 m³
Parcel 11322E0062/00P000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0062/00P000 | Flanders | 1,234 m² | 1 · 210 m² | 7.6 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900I1H5GYBDJPK233
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Of 12,122 companies in sector 69201 we hold annual accounts for 7,600. 6,391 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2014
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
64200Holdings
64210Activities of holding companies
69202Legal and accounting activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.