NOYEZ
ActiveSummary
NOYEZ has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.95M and a net result of €1.62M. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 17% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-17
Solvency40▼-39
Growth66▼-12
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.97 in 2024; short-term debt: 15% and cash: 5.6% of total assets), but 84.5% of the assets are financed with debt.
Credit check 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 · 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.5%
Return on assets
3.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4867 sector peers (2025).
NBB · sector comparisonPosition among 4867 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
on the day
2022
101 d early
2021
52 d early
2020
43 d early
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€31.48M▲ 3.1%
2024 · €30.55M
2024: €30.55M
2024 → 2025
EBIT margin
9.9%▲ 1.8pp
2024 · 8.1%
2024: 8.1%
2024 → 2025
Net result
€1.62M▼ 17.5%
2024 · €1.97M
2018: €883k
2019: €834k
2020: €794k
2021: €1.10M
2022: €1.42M
2023: €2.23M
2024: €1.97M
2018 → 2025
Working capital
€4.16M▼ 21.1%
2024 · €5.27M
2018: €3.81M
2019: €3.72M
2020: €3.62M
2021: €3.67M
2022: €4.51M
2023: €5.81M
2024: €5.27M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€30.55M€31.48M▲ 3.1%
Equity€7.13M-€7.95M▲ 11.5%€9.43M▲ 18.7%€9.40M▼ 0.3%€7.95M▼ 15.5%
Operating result€1.38M-€1.79M▲ 30.3%€2.82M▲ 57.1%€2.48M▼ 12.0%€3.13M▲ 26.1%
Net result€1.10M-€1.42M▲ 29.4%€2.23M▲ 57.4%€1.97M▼ 11.8%€1.62M▼ 17.5%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51.38M
Fixed assets
€39.52M ▲ 482%
Current assets
€11.85M ▲ 11.0%
Equity and liabilities €51.38M
Equity
€7.95M ▼ 15.5%
Debt
€43.43M ▲ 439%
Debt's share of the balance-sheet total rises from 46.2% to 84.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4.36M▲
2024 · €3.68M
Cash flow
€2.86M▼
2024 · €3.17M
Current ratio
1.54▼
2024 · 1.97
Quick ratio
0.89▼
2024 · 1.28
Debt to equity
5.46▲
2024 · 0.86
ROE
20.4%▼
2024 · 20.9%
ROA
3.2%▼
2024 · 11.3%
Interest coverage
3.73▼
2024 · 91.46
Debt ≤ 1 year
€7.70M▲
2024 · €5.41M
Debt > 1 year
€35.58M▲
2024 · €2.65M
Income taxes
€568k▼
2024 · €685k
Staff costs
€3.73M▲
2024 · €3.36M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 81 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17.47M€51.38M▲
Fixed assets21/28€6.79M€39.52M▲
Tangible fixed assets22/27€6.78M€6.20M▼
Land and buildings22€5.14M€4.49M▼
Plant, machinery and equipment23€1.02M€1.03M▲
Furniture and vehicles24€626k€677k▲
Financial fixed assets28€4k€33.32M▲
Affiliated companies280/1€620€33.32M▲
Participating interests280€620€33.32M▲
Other financial fixed assets284/8€3k€3k=
Amounts receivable and cash guarantees285/8€3k€3k=
Current assets29/58€10.68M€11.85M▲
Stocks and contracts in progress3€3.74M€4.97M▲
Stocks30/36€3.74M€4.97M▲
Raw materials and consumables30/31€3.74M€4.97M▲
Amounts receivable within one year40/41€4.16M€3.71M▼
Trade receivables40€3.87M€3.40M▼
Other amounts receivable41€292k€314k▲
Current investments50/53€253k€253k=
Other investments51/53€253k€253k=
Cash at bank and in hand54/58€2.49M€2.90M▲
Deferred charges and accrued income490/1€38k€18k▼
Equity and liabilities
Total equity and liabilities10/49€17.47M€51.38M▲
Equity10/15€9.40M€7.95M▼
Contributions10/11€19k€19k=
Reserves13€9.38M€7.93M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€1.34M€1.34M=
Distributable reserves133€8.04M€6.59M▼
Amounts payable17/49€8.06M€43.43M▲
Amounts payable after more than one year17€2.65M€35.58M▲
Financial debts170/4€2.65M€35.58M▲
Credit institutions173€2.65M€21.24M▲
Other loans174-€14.34M
Amounts payable within one year42/48€5.41M€7.70M▲
Current portion of amounts payable after more than one year42€679k€641k▼
Trade debts44€2.17M€1.90M▼
Suppliers440/4€2.17M€1.90M▼
Taxes, remuneration and social security45€355k€381k▲
Taxes450/3€790€765▼
Remuneration and social security454/9€354k€380k▲
Other amounts payable47/48€2.21M€4.77M▲
Accrued charges and deferred income492/3-€156k
Income statement
Code20242025
Operating income70/76A€30.67M€31.61M▲
Turnover70€30.55M€31.48M▲
Other operating income74€112k€132k▲
Non-recurring operating income76A€12k€0▼
Operating charges60/66A€28.19M€28.49M▲
Goods for resale, raw materials and consumables60€19.68M€20.71M▲
Purchases600/8€20.34M€21.95M▲
Change in stocks: decrease (increase)609€-658k€-1.24M▼
Services and other goods61€3.69M€2.57M▼
Remuneration, social security and pensions62€3.36M€3.73M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.21M€1.23M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€103k€-98k▼
Other operating charges640/8€147k€341k▲
Non-recurring operating charges66A€2k€0▼
Operating profit (loss)9901€2.48M€3.13M▲
Financial income75/76B€240k€255k▲
Recurring financial income75€240k€241k▲
Income from current assets751€38k€36k▼
Other financial income752/9€201k€205k▲
Non-recurring financial income76B-€14k
Financial charges65/66B€65k€1.19M▲
Recurring financial charges65€65k€1.19M▲
Debt charges650€40k€1.17M▲
Other financial charges652/9€25k€19k▼
Profit (loss) for the period before taxes9903€2.65M€2.19M▼
Income taxes67/77€685k€568k▼
Taxes670/3€685k€568k▼
Profit (loss) for the period9904€1.97M€1.62M▼
Profit (loss) for the period to be appropriated9905€1.97M€1.62M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.97M€1.62M▼
Transfer from equity791/2€31k€1.46M▲
From reserves792€31k€1.46M▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€2.00M€3.08M▲
Return on contributions (dividend)694€2.00M€3.08M▲
Social balance
Average headcount (FTE)908753.457.8▲
The notes to these accounts (79 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €2.23M ▲57.4%
Net result €2.23M, the highest in the series.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €794k ▼4.8%
Net result drops to €794k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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
Registered office, Wervik · 1 establishment unit since 1983
Ground area
908 m²
Building footprint
484 m²
Volume, LiDAR
2,862 m³
Parcel 33029B0607/00L000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
NOYEZ BVBA
since 19832.023.609.545
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029B0607/00L000 | Flanders | 908 m² | 1 · 484 m² | 6.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 5,246 EUR awarded · 5,246 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,331 EUR | 2,331 EUR |
| 2024 | 1 | 1,538 EUR | 1,538 EUR |
| 2022 | 1 | 1,377 EUR | 1,377 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWervik2.023.609.545
Dual-learning approval
2 live approvalsWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Similar companies · same sector, comparable size
H & L PRODUCTIONS
BE 0428.077.331
Rijkevorsel · Eq €8.17M
Sysco Belgium
BE 0445.725.886
Bornem · Eq €8.38M
BUYSSE FOODS
BE 0843.540.902
Wervik · Eq €6.65M
HOTTLET FROZEN FOODS
BE 0403.656.986
Kontich · Eq €9.74M
BIEBUYCK
BE 0426.845.827
Wingene · Eq €6.14M
Of 223 companies in sector 46391 we hold annual accounts for 139. 48 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
46389Wholesale of other food products
46391Wholesale trade
10130Manufacture of food products
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.