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Norbouw: credit check

How much credit can you give this customer, on what term and on what conditions? You get the verdict for your amount, the recommended maximum and where the verdict turns.

Norbouw
BE 0597.794.766Other specialised construction activities
Accounts read, no current score Other company

Your question

Payment term
Prepayment, yearly volume and open balance

A yearly volume keeps on average the volume times the term divided by 365 open; the larger of that balance and the invoice counts.

Verdict

Asked: €10,000 at 30 days

With conditions

You can deliver, but protect your payment with the conditions below.

Top reason Elevated estimated bankruptcy probability calls for adjusted credit terms

Recommended maximum No limit No credit limit can be computed
Your exposure €10,000 invoice €10,000

Not acceptable without conditions at any term

Verdict per invoice amount at 30 days

  1. Any amountWith conditions

Conditions

  • Cover the credit with credit insuranceElevated estimated bankruptcy probability calls for adjusted credit terms. That does not change with the amount; a credit insurer can carry the risk.
  • Ask 30% prepayment (€3,000)Elevated estimated bankruptcy probability calls for adjusted credit terms. An advance limits what you can lose.
  • Shorten the payment term to 14 daysElevated estimated bankruptcy probability calls for adjusted credit terms. The shorter the amount is open, the smaller your risk.

What changes this?

  • No change of amount, term or prepayment improves this verdict.

Why?

From the KBO register and the Gazette
  • Checked score The latest accounts Checked read are over 24 months old: no current score and no credit limit.
  • Bankruptcy probability 6.7% chance of bankruptcy within twelve months (elevated).
  • Gazette and KBO No bankruptcy, judicial reorganisation or interim measure on record in the Gazette and the KBO register.
  • Filing 3 annual accounts are missing, the oldest for fiscal year 2023.
  • Sector Other specialised construction activities.
  • Age Founded on 9-2-2015, active for 11 years.

Record it

Keep this decision as a note on the company in one of your lists.

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Print or PDF for the credit file Full dossier

The print holds the verdict, the conditions, the explanation and the date, on one page for your credit file.

Indicative, not regulated credit advice. Computed by Checked from filed annual accounts, the KBO register and the Belgian Official Gazette. Printed on 28 September 2026 from checked.be.

What does this verdict mean?
  • Acceptable: you can give this amount on open account on normal terms.
  • With conditions: it can work, but limit the amount or the term, or ask for security.
  • Not advised: give no credit on open account; ask for payment up front.
  • No verdict: there are no recent figures to weigh the amount against. Ask the company for recent figures or start with a small amount.

Based on official Belgian registers and filed annual accounts.

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