Norro
0431.169.453 · rovalta.com · 24/09/2026
ACTIVE
Norro
Financial year 2025 · closed on 30/09/2025
Net result
4,2 k €
-37.1% YoY
Gross margin
56,6 k €
-12.1% YoY
Equity
59,9 k €
+7.6% YoY
Overview
What does Norro do?
Norro is a Public limited company incorporated in 1987. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Dendermonde.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0431.169.453
Incorporation
14/05/1987
Legal form
Public limited company
Registered office
Brusselsestraat (DEN) 2 box 1
9200 Dendermonde · FlandreSee on map
9200 Dendermonde · FlandreSee on map
Contributed capital
65 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
68203Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Joint committees (1)
- 323
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 56,6 k € | -12.1% | 64,5 k € | +417% | 12,5 k € | -56.8% | 28,9 k € | +318% | 6,9 k € | -39.2% | 11,4 k € | -59.7% | 28,2 k € | +18.3% | 23,9 k € | -7.3% | 25,7 k € | -1.4% | 26,1 k € | +9.1% | 23,9 k € | -12.2% | 27,2 k € | +12.8% | 24,2 k € | +44.0% | 16,8 k € | -5.2% | 17,7 k € | -34.3% | 26,9 k € | +24.6% | 21,6 k € | -14.7% | 25,3 k € | -2.2% | 25,9 k € |
| EBITDA | 43,7 k € | +3.0% | 42,5 k € | +459% | 7,6 k € | +140% | -18,8 k € | -17.9% | -16 k € | -325% | 7,1 k € | -70.5% | 24 k € | +21.7% | 19,7 k € | -8.6% | 21,6 k € | -1.7% | 21,9 k € | +11.6% | 19,7 k € | -15.1% | 23,2 k € | +14.8% | 20,2 k € | +59.0% | 12,7 k € | -7.8% | 13,8 k € | -40.1% | 23 k € | +28.0% | 18 k € | -16.8% | 21,6 k € | -3.7% | 22,4 k € |
| Operating result | 8,5 k € | -25.3% | 11,3 k € | +132% | -35,2 k € | +34.1% | -53,3 k € | -12.2% | -47,5 k € | -1077% | 4,9 k € | -75.8% | 20,1 k € | +2522% | -828,8 € | -116% | 5,2 k € | -52.8% | 10,9 k € | +132% | 4,7 k € | -69.6% | 15,5 k € | +27.1% | 12,2 k € | +42.5% | 8,6 k € | +369% | 1,8 k € | -86.0% | 13,1 k € | +42.2% | 9,2 k € | -27.5% | 12,7 k € | -8.3% | 13,8 k € |
| Net result | 4,2 k € | -37.1% | 6,7 k € | +117% | -40 k € | +32.0% | -58,8 k € | -9.4% | -53,7 k € | -1856% | 3,1 k € | -77.8% | 13,8 k € | +1083% | -1,4 k € | -145% | 3,1 k € | -62.4% | 8,3 k € | +78.1% | 4,7 k € | -62.5% | 12,5 k € | +23.0% | 10,2 k € | +23.8% | 8,2 k € | +248% | 2,4 k € | -81.3% | 12,6 k € | +65.4% | 7,6 k € | -15.8% | 9,1 k € | -23.0% | 11,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 59,9 k € | +7.6% | 55,7 k € | +13.6% | 49 k € | 0.0% | 49 k € | -54.5% | 107,7 k € | -33.3% | 161,4 k € | +1.9% | 158,4 k € | +9.5% | 144,6 k € | -1.0% | 146 k € | +2.2% | 142,8 k € | +6.2% | 134,5 k € | +3.6% | 129,8 k € | +10.7% | 117,3 k € | +9.5% | 107,1 k € | +8.3% | 98,9 k € | +2.4% | 96,6 k € | -4.6% | 101,2 k € | +8.2% | 93,6 k € | +10.7% | 84,5 k € |
| Total assets | 1,2 M € | +2.0% | 1,2 M € | +9.5% | 1,1 M € | +7.0% | 995,5 k € | +6.2% | 937,1 k € | +454% | 169,3 k € | +1.8% | 166,4 k € | +13.6% | 146,5 k € | -4.7% | 153,7 k € | +6.1% | 144,9 k € | +6.0% | 136,7 k € | +4.8% | 130,4 k € | +9.1% | 119,5 k € | +11.4% | 107,3 k € | +8.4% | 99 k € | -14.5% | 115,7 k € | +2.6% | 112,7 k € | -0.7% | 113,5 k € | +2.4% | 110,9 k € |
| Cash | 7,9 k € | +70.9% | 4,6 k € | +55.7% | 3 k € | -4.2% | 3,1 k € | -91.5% | 36,4 k € | +319% | 8,7 k € | +16.4% | 7,5 k € | +341% | 1,7 k € | -38.1% | 2,7 k € | -37.6% | 4,4 k € | -23.0% | 5,7 k € | +535% | 893,7 € | -85.3% | 6,1 k € | +153% | 2,4 k € | -58.0% | 5,7 k € | -38.8% | 9,3 k € | -27.2% | 12,8 k € | -39.6% | 21,2 k € | +10.4% | 19,2 k € |
| Debts | 1,1 M € | +1.7% | 1,1 M € | +9.3% | 1 M € | +7.4% | 945,9 k € | +14.1% | 828,8 k € | +11252% | 7,3 k € | -1.8% | 7,4 k € | +293% | 1,9 k € | -75.5% | 7,7 k € | +286% | 2 k € | -6.7% | 2,1 k € | +307% | 527,7 € | -76.0% | 2,2 k € | +1718% | 121 € | +167% | 45,4 € | -99.8% | 19,1 k € | +66.1% | 11,5 k € | -42.2% | 20 k € | -24.4% | 26,4 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 27 ended
Active mandates
Anneke Aerts
ActiveFrédéric Norro
ActiveEnded mandates
Alain Legat
EndedIsabelle Legat
EndedMartine Legat
EndedPhilippe Legat
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 21 months | 12 months |
| Filing date | 30/04/2026 | 09/04/2025 | 26/04/2024 | 07/04/2023 | 28/04/2022 | 13/07/2020 |
| General meeting | 10/03/2026 | 11/03/2025 | 29/03/2024 | 14/03/2023 | 29/03/2022 | 19/06/2020 |
| 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
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 10/03/2026 | 30/04/2026 | Dutch | |
| Micro model | 30/09/2024 | 11/03/2025 | 09/04/2025 | Dutch | |
| Micro model | 30/09/2023 | 29/03/2024 | 26/04/2024 | Dutch | |
| Micro model | 30/09/2022 | 14/03/2023 | 07/04/2023 | Dutch | |
| Micro model | 30/09/2021 | 29/03/2022 | 28/04/2022 | Dutch | |
| Micro model | 31/12/2019 | 19/06/2020 | 13/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 29/05/2019 | 20/06/2019 | Dutch | |
| Micro model | 31/12/2017 | 30/06/2018 | 31/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 30/06/2017 | 01/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 29/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 09/05/2015 | 14/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 25/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 10/05/2013 | 06/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 09/05/2012 | 05/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 09/05/2011 | 06/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/05/2010 | 01/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 09/05/2009 | 08/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 09/05/2008 | 05/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 09/05/2007 | 07/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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 30/09/2025 · 2 active · 27 ended
Active mandates
Anneke Aerts
ActiveFrédéric Norro
ActiveEnded mandates
Alain Legat
EndedIsabelle Legat
EndedMartine Legat
EndedPhilippe Legat
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/11/2020BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates08/08/2014ONTSLAGEN - BENOEMINGEN
- Mandates19/07/2010ONTSLAGEN - BENOEMINGEN
- Mandates10/07/2009ONTSLAGEN - BENOEMINGEN
- Capital / shares20/02/2004ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates16/06/2003ONTSLAGEN - BENOEMINGEN
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 20254,2 k €↓
- 2024Annual accounts 20246,7 k €↑
- 2023Annual accounts 2023-40 k €↑
- 2022Annual accounts 2022-58,8 k €↓
- 2021Annual accounts 2021-53,7 k €↓
- 2019Annual accounts 20193,1 k €↓
- 2018Annual accounts 201813,8 k €↑
- 2017Annual accounts 2017-1,4 k €↓
- 2016Annual accounts 20163,1 k €↓
- 2015Annual accounts 20158,3 k €↑
- 2014Annual accounts 20144,7 k €↓
- 2013Annual accounts 201312,5 k €↑
- 2012Annual accounts 201210,2 k €↑
- 2011Annual accounts 20118,2 k €↑
- 2010Annual accounts 20102,4 k €↓
- 2009Annual accounts 200912,6 k €↑
- 2008Annual accounts 20087,6 k €↓
- 2007Annual accounts 20079,1 k €↓
- 2006Annual accounts 200611,8 k €
- 14/05/1987IncorporationPublic limited company