Norta
0404.206.522 · rovalta.com · 22/09/2026
ACTIVE
Norta
Financial year 2025 · closed on 31/12/2025
Net result
2,2 M €
+6.8% YoY
Revenue
22,9 M €
+12.6% YoY
Equity
20 M €
+12.4% YoY
Workforce
16,9 ETP
+7.6% YoY
Overview
What does Norta do?
Norta is a Public limited company incorporated in 1968. Its registered office is in Olen. It employs on average 16,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0404.206.522
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Stadsestraat 39
2250 Olen · FlandreSee on map
2250 Olen · FlandreSee on map
Contributed capital
61 571,79 €
Latest accounts
31/12/2025
Average workforce
16,9 ETP
Joint committees (3)
- 111
- 209
- 311
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 22,9 M € | +12.6% | 20,3 M € | +10.1% | 18,5 M € | -23.4% | 24,1 M € | +0.6% | 24 M € | +16.0% | 20,7 M € | +60.7% | 12,9 M € | +11.9% | 11,5 M € | – | – | – | – | – | – | – | – | – | – | – | |||||||||||
| EBITDA | 3,1 M € | +4.0% | 3 M € | +20.0% | 2,5 M € | -45.9% | 4,6 M € | -2.2% | 4,7 M € | +42.2% | 3,3 M € | +106% | 1,6 M € | -6.6% | 1,7 M € | +25.1% | 1,4 M € | -15.0% | 1,6 M € | +14.2% | 1,4 M € | +72.1% | 826,6 k € | +155% | 324,3 k € | -33.9% | 490,2 k € | -34.0% | 742,3 k € | -3.4% | 768,6 k € | +0.6% | 764,1 k € | +24.2% | 615,4 k € | -26.6% | 838,7 k € |
| Operating result | 3 M € | +3.6% | 2,9 M € | +21.8% | 2,4 M € | -46.9% | 4,5 M € | -1.9% | 4,6 M € | +45.1% | 3,1 M € | +111% | 1,5 M € | -7.0% | 1,6 M € | +28.7% | 1,2 M € | -15.3% | 1,5 M € | +10.3% | 1,3 M € | +85.1% | 720,4 k € | +222% | 223,5 k € | -42.7% | 390,3 k € | -40.9% | 660,8 k € | +0.1% | 660,4 k € | -4.5% | 691,6 k € | +31.8% | 524,6 k € | -25.7% | 706,3 k € |
| Net result | 2,2 M € | +6.8% | 2,1 M € | +19.6% | 1,7 M € | -48.3% | 3,3 M € | -1.7% | 3,4 M € | +45.0% | 2,3 M € | +122% | 1,1 M € | -7.0% | 1,1 M € | +48.9% | 762,3 k € | -16.5% | 912,4 k € | -5.1% | 961,7 k € | +85.8% | 517,5 k € | +166% | 194,5 k € | -36.7% | 307,1 k € | -38.1% | 495,7 k € | +1.0% | 490,6 k € | -4.2% | 512,3 k € | +23.8% | 413,8 k € | -22.5% | 534 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 20 M € | +12.4% | 17,8 M € | +13.2% | 15,7 M € | +6.6% | 14,7 M € | +15.5% | 12,8 M € | +7.6% | 11,9 M € | +24.7% | 9,5 M € | +12.5% | 8,5 M € | +15.5% | 7,3 M € | +11.6% | 6,6 M € | +16.1% | 5,7 M € | +20.5% | 4,7 M € | +12.4% | 4,2 M € | +4.9% | 4 M € | +8.4% | 3,7 M € | +5.6% | 3,5 M € | +0.0% | 3,5 M € | +0.0% | 3,5 M € | +0.4% | 3,5 M € |
| Total assets | 20,8 M € | -5.4% | 22 M € | +6.4% | 20,6 M € | +15.6% | 17,9 M € | +15.7% | 15,4 M € | +11.3% | 13,9 M € | +41.7% | 9,8 M € | +3.2% | 9,5 M € | +12.5% | 8,4 M € | +17.5% | 7,2 M € | +13.2% | 6,3 M € | +28.1% | 5 M € | +17.3% | 4,2 M € | -6.1% | 4,5 M € | +7.7% | 4,2 M € | -13.2% | 4,8 M € | +9.4% | 4,4 M € | -2.3% | 4,5 M € | +9.8% | 4,1 M € |
| Cash | 6,8 M € | +46.0% | 4,7 M € | +161% | 1,8 M € | -14.5% | 2,1 M € | -9.7% | 2,3 M € | -38.6% | 3,8 M € | +497% | 629,3 k € | -73.4% | 2,4 M € | +6.3% | 2,2 M € | +103% | 1,1 M € | -53.8% | 2,4 M € | +302% | 590,2 k € | +5.4% | 560,1 k € | +1166% | 44,3 k € | -75.1% | 177,6 k € | -38.3% | 287,7 k € | -51.7% | 596,2 k € | +523% | 95,8 k € | -69.1% | 309,9 k € |
| Debts | 780 k € | -80.9% | 4,1 M € | -15.0% | 4,8 M € | +56.8% | 3,1 M € | +17.4% | 2,6 M € | +43.9% | 1,8 M € | +1638% | 104,2 k € | -88.7% | 920,1 k € | -8.2% | 1 M € | +97.9% | 506,6 k € | -13.2% | 583,6 k € | +275% | 155,6 k € | +228% | 47,4 k € | -90.8% | 513,7 k € | +2.6% | 500,9 k € | -62.3% | 1,3 M € | +44.9% | 917,9 k € | +0.5% | 912,9 k € | +69.5% | 538,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 16,9 ETP | +7.6% | 15,7 ETP | -8.7% | 17,2 ETP | +3.0% | 16,7 ETP | -2.9% | 17,2 ETP | +0.6% | 17,1 ETP | +1.2% | 16,9 ETP | +5.0% | 16,1 ETP | -5.3% | 17,0 ETP | +3.0% | 16,5 ETP | +1.9% | 16,2 ETP | +0.6% | 16,1 ETP | -1.2% | 16,3 ETP | 0.0% | 16,3 ETP | +4.5% | 15,6 ETP | +5.4% | 14,8 ETP | -1.3% | 15,0 ETP | -10.7% | 16,8 ETP | -4.5% | 17,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 13 ended
Active mandates
Eddy Van Hemelen
ActiveEnded mandates
Eddy Van Hemelen
EndedStefanie Van Hemelen
EndedStefanie Van Hemelen
EndedStefanie Van Hemelen
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/07/2026 | 09/07/2025 | 02/07/2024 | 25/06/2023 | 16/06/2022 | 28/02/2021 |
| General meeting | 30/06/2026 | 12/06/2025 | 13/06/2024 | 27/05/2023 | 09/06/2022 | 28/02/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 31/07/2026 | Dutch | |
| Full model | 31/12/2024 | 12/06/2025 | 09/07/2025 | Dutch | |
| Full model | 31/12/2023 | 13/06/2024 | 02/07/2024 | Dutch | |
| Full model | 31/12/2022 | 27/05/2023 | 25/06/2023 | Dutch | |
| Full model | 31/12/2021 | 09/06/2022 | 16/06/2022 | Dutch | |
| Full model | 31/12/2020 | 28/02/2021 | 28/02/2021 | Dutch | |
| Full model | 31/12/2019 | 08/09/2020 | 08/10/2020 | Dutch | |
| Full model | 31/12/2018 | 30/06/2019 | 05/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 26/04/2018 | 31/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 27/04/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/04/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 24/04/2014 | 31/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 25/04/2013 | 10/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 26/04/2012 | 19/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/04/2011 | 15/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 09/06/2010 | 29/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/04/2009 | 30/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 24/04/2008 | 01/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 29/06/2007 | 23/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 13 ended
Active mandates
Eddy Van Hemelen
ActiveEnded mandates
Eddy Van Hemelen
EndedStefanie Van Hemelen
EndedStefanie Van Hemelen
EndedStefanie Van Hemelen
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates27/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates06/02/2023ONTSLAGEN - BENOEMINGEN
- Mandates29/12/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates05/11/2020ONTSLAGEN - BENOEMINGEN
- Mandates11/09/2018ONTSLAGEN - BENOEMINGEN
- Mandates09/11/2017ONTSLAGEN - BENOEMINGEN
- Mandates01/06/2012ONTSLAGEN - BENOEMINGEN
- Capital / shares26/01/2012KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,2 M €↑
- 2024Annual accounts 20242,1 M €↑
- 2023Annual accounts 20231,7 M €↓
- 2022Annual accounts 20223,3 M €↓
- 2021Annual accounts 20213,4 M €↑
- 2020Annual accounts 20202,3 M €↑
- 2019Annual accounts 20191,1 M €↓
- 2018Annual accounts 20181,1 M €↑
- 2017Annual accounts 2017762,3 k €↓
- 2016Annual accounts 2016912,4 k €↓
- 2015Annual accounts 2015961,7 k €↑
- 2014Annual accounts 2014517,5 k €↑
- 2013Annual accounts 2013194,5 k €↓
- 2012Annual accounts 2012307,1 k €↓
- 2011Annual accounts 2011495,7 k €↑
- 2010Annual accounts 2010490,6 k €↓
- 2009Annual accounts 2009512,3 k €↑
- 2008Annual accounts 2008413,8 k €↓
- 2007Annual accounts 2007534 k €
- 01/01/1968IncorporationPublic limited company