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NORVIK

Active Private limited companyfounded 1994active for 32 yearsDomeinlaan 175, 1190 ForestKBO/BCE: BE 0452.570.524

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1995
peak €139,093 (2024)
€24,530▼ 82.4%
lowest -€32,058 (2023)
-€31,503▼ €104,462
peak €134,309 (2024)
€102,806▼ 23.5%
€359,206▼ 49.6%
peak 0.3 FTE (2011)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
26-06-202635 days before the deadline
2025abbreviated format
Gross margin from €139,093 to €24,530Loss of €31,503Equity from €134,309 to €102,806Debts from €713,320 to €359,206

Key points

from the 2025 annual accounts

Result

-€31,503 -€31,503
€73,0002024-€31,5002025

From profit to loss in 2025, after a profit of €72,959 in 2024.

Turnover

≈ €240,000 estimated

The accounts state no turnover.

Debts

€359,206 75% of the balance sheet
Financial debts 14%Suppliers 5%Taxes and wages 4%Other 78%

Of this, €305,277 falls due within a year.

Filings

31 annual accounts 32 filings since 1995
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 1 to 35 days before the end of the period.

Position in the sector

-€31,503

Lower net result than 85% of companies in wholesale trade. Sector median €38,114 · 10,723 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,506 companies had the same profile as NORVIK has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,506 companies, not a prediction for NORVIK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452570524
Company renamed from vandervaeren norvik to NORVIK Change of role: , from manager to director · Director discharge: (manager) · Registered office clause: avenue du Domaine 175 boîte 19, 1190 Forest · General meeting of 19-08-2022 · Gazette deed
Purpose change “La société a également pour objet la gestion d'un patrimoine immobilier, notamment mais non: exclusivement…” (deed in French) · Gazette deed
First establishment Van Volxemlaan 123, Forest
All 41 events

Comparable companies

same main activity, similar in size and age
Company
NORVIK Forest €475,796 €24,530 21.6% -
OMNIS OGAWA Genappe €436,439 €35,909 52.1% 1.5
FERSIE Ledegem €353,379 €30,414 87.3% -
RAE ANTWERP Antwerp €707,071 €23,962 9.0% -
TEN BEAUFORT Schoten €429,440 €28,647 36.8% -
ANA Rumst €547,633 €35,322 -8.7% 2.2
Lignim Aarschot €511,357 €23,162 -8.1% -

These companies have the same main activity as NORVIK: wholesale of clothing, excluding workwear and underwear (NACE 46423). They are comparable in size and age: total assets between €353,000 and €707,000, founded between 1986 and 1998.

Official details

Source: KBO
Status
Active since 21-04-1994Normal situation
Registered office
10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Wholesale of clothing, excluding workwear and underwearNACE 46423and 5 others
Establishment unit
2.067.445.6271190 Forest, since 04-07-1994
Financial year end
31 December
Peppol
Reachable since 19-02-2026
Company details

Annual accounts 2025

€475,796▼ 44.9%
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Insights on NORVIK

NORVIK files the abbreviated format. That format states no turnover. The gross margin rose from €23,387 in 2006 to €24,530 in 2025.

The balance sheet grew most from 2022 to 2024 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NORVIK

What is the company number of NORVIK?
The company number of NORVIK is 0452.570.524. The VAT number is the same number with BE in front: BE 0452.570.524.
Where is NORVIK based?
The registered office is at Domeinlaan 175, 1190 Forest.Company details
What does NORVIK do?
According to the KBO register, the main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423).
What is the legal form of NORVIK?
NORVIK is a private limited company (BV).
When was NORVIK founded?
NORVIK was founded on 21-04-1994.
Is NORVIK still active?
Yes, NORVIK is an active enterprise in the KBO register.
What is the turnover of NORVIK?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €24,530 and 70 comparable companies (NACE 464). It probably lies between €120,000 and €740,000. It is a rough estimate.Financials
Is NORVIK profitable?
In financial year 2025, NORVIK made a loss of €31,503.
Where can I find the annual accounts of NORVIK?
NORVIK filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NORVIK due?
NORVIK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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