ACTIVE

Norta

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Financial year 2025 · Closed on 31/12/2025

Net result2,2 M €+6,8 %over 1 year

Revenue22,9 M €+12,6 %over 1 year

Equity20 M €+12,4 %over 1 year

Workforce16,9 ETP+7,6 %over 1 year

Identity

Source · BCE/KBO

Norta is a Public limited company incorporated in 1968. Its main activity is: Manufacture of bicycles and invalid carriages. 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
Contributed capital: 61 571,79 €
Latest accounts: 31/12/2025
Average workforce: 16,9 ETP

Activities (NACE)

30920Manufacture of bicycles and invalid carriages· main 30920Manufacture of bicycles and invalid carriages 35420Electricity, gas, steam and air conditioning supply 45402Sale, maintenance and repair of motorcycles and related parts and accessories 47830Retail sale via stalls and markets 30920Manufacture of bicycles and invalid carriages+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	3,1 M €	+4.0%	3 M €	+20.0%	2,5 M €	-45.9%	4,6 M €	-2.2%	4,7 M €
Operating result	3 M €	+3.6%	2,9 M €	+21.8%	2,4 M €	-46.9%	4,5 M €	-1.9%	4,6 M €
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 €
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 €
Total assets	20,8 M €	-5.4%	22 M €	+6.4%	20,6 M €	+15.6%	17,9 M €	+15.7%	15,4 M €
Cash	6,8 M €	+46.0%	4,7 M €	+161%	1,8 M €	-14.5%	2,1 M €	-9.7%	2,3 M €
Debts	780 k €	-80.9%	4,1 M €	-15.0%	4,8 M €	+56.8%	3,1 M €	+17.4%	2,6 M €
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

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eddy Van Hemelen	Directorsince 23/12/2020Managing director28/04/2005 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stefanie Van Hemelen	Director26/04/2016 → 2020 accounts
Jan Van Hemelen	Director26/04/2012 → 2015 accounts

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Full model	31/12/2024	12/06/2025	09/07/2025	Dutch	PDF
Full model	31/12/2023	13/06/2024	02/07/2024	Dutch	PDF
Full model	31/12/2022	27/05/2023	25/06/2023	Dutch	PDF
Full model	31/12/2021	09/06/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	28/02/2021	28/02/2021	Dutch	PDF
Full model	31/12/2019	08/09/2020	08/10/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	26/04/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	27/04/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	28/04/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	24/04/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/04/2013	10/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/04/2012	19/05/2012	Dutch	PDF
Abridged model	31/12/2010	28/04/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	09/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/04/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	24/04/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	23/07/2007	Dutch	PDF

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eddy Van Hemelen	Directorsince 23/12/2020Managing director28/04/2005 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stefanie Van Hemelen	Director26/04/2016 → 2020 accounts
Jan Van Hemelen	Director26/04/2012 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates05/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Eddy Van Hemelen

Stefanie Van Hemelen

Leontine Mans

Jan Van Hemelen

19681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Norta

Stadsestraat 39, 2250 Olen

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Stadsestraat 39, 2250 OlenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00379494

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NortaCurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00379494

Events

2025
Annual accounts 20252,2 M €↑
2024
Annual accounts 20242,1 M €↑
2023
Annual accounts 20231,7 M €↓
2022
Annual accounts 20223,3 M €↓
2021
Annual accounts 20213,4 M €↑
2020
Annual accounts 20202,3 M €↑
2019
Annual accounts 20191,1 M €↓
2018
Annual accounts 20181,1 M €↑
2017
Annual accounts 2017762,3 k €↓
2016
Annual accounts 2016912,4 k €↓
2015
Annual accounts 2015961,7 k €↑
2014
Annual accounts 2014517,5 k €↑
2013
Annual accounts 2013194,5 k €↓
2012
Annual accounts 2012307,1 k €↓
2011
Annual accounts 2011495,7 k €↑
2010
Annual accounts 2010490,6 k €↓
2009
Annual accounts 2009512,3 k €↑
2008
Annual accounts 2008413,8 k €↓
2007
Annual accounts 2007534 k €
01/01/1968
IncorporationPublic limited company

Norta

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events