ACTIVE

NORCEL BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result
476,9 €
-75,8 %over 1 year
Gross margin
64 k €
-6,3 %over 1 year
Equity
60,9 k €
+0,8 %over 1 year

Identity

Source · BCE/KBO

NORCEL BELGIUM is a Public limited company incorporated in 1991. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Vresse-sur-Semois.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0443.759.954
Incorporation
23/03/1991
Legal form
Public limited company
Registered office
Rue Docteur Hensenne,Alle 32
5550 Vresse-sur-Semois · Wallonie
Contributed capital
153 813,67 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin64 k €68,3 k €79 k €56,7 k €-37 k €
EBITDA61 k €65,2 k €74 k €54 k €-38,1 k €
Operating result14 k €20,1 k €19,2 k €17,6 k €-46,5 k €
Net result476,9 €2 k €-3,7 k €10,1 k €-47,1 k €
Balance sheet
Equity60,9 k €60,5 k €58,5 k €62,2 k €52,1 k €
Total assets417,2 k €401,9 k €429,9 k €443,7 k €337,2 k €
Cash68,5 k €63,2 k €59,5 k €28,3 k €2,6 k €
Debts356,3 k €341,5 k €371,5 k €381,5 k €285,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 15 ended

Active mandates

Fabienne Martens

Managing director · since 29 septembre 2023 · until 29 septembre 2029

Active
Koenraad De Schepper

Managing director · since 29 septembre 2023 · until 29 septembre 2029

Active
Sofie de Schepper

Director · since 29 septembre 2023 · until 29 septembre 2029

Active
Tim De Schepper

Director · since 29 septembre 2023 · until 29 septembre 2029

Active

Ended mandates

Fabienne Martens

Director · since 29 septembre 2023 · until 29 septembre 2029

Ended
Koenraad De Schepper

Director · since 29 septembre 2023 · until 29 septembre 2029

Ended
FABIENNE MARTENS

Director · since 15 février 2023 · until 14 février 2029

Ended
KOENRAAD DE SCHEPPER

Director · since 15 février 2023 · until 14 février 2029

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date28/07/202631/07/202501/07/202423/02/202325/03/202213/04/2021
General meeting12/06/202613/06/202514/06/202417/02/202318/02/202209/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/06/202628/07/2026FrenchPDF
Micro model31/12/202413/06/202531/07/2025FrenchPDF
Micro model31/12/202314/06/202401/07/2024FrenchPDF
Micro model30/09/202217/02/202323/02/2023FrenchPDF
Micro model30/09/202118/02/202225/03/2022FrenchPDF
Micro model30/09/202009/04/202113/04/2021FrenchPDF
Micro model30/09/201917/04/202012/05/2020FrenchPDF
Micro model30/09/201808/03/201926/03/2019FrenchPDF
Micro model30/09/201723/03/201830/03/2018FrenchPDF
Abridged model30/09/201610/03/201730/03/2017FrenchPDF
Abridged model30/09/201511/03/201621/03/2016FrenchPDF
Abridged model30/09/201413/03/201516/03/2015FrenchPDF
Abridged model30/09/201314/03/201429/04/2014FrenchPDF
Abridged model30/09/201222/03/201330/04/2013FrenchPDF
Abridged model30/09/201109/03/201228/03/2012FrenchPDF
Abridged model30/09/201011/03/201114/03/2011FrenchPDF
Abridged model30/09/200912/03/201015/03/2010FrenchPDF
Abridged model30/09/200813/03/200920/03/2009FrenchPDF
Abridged model30/09/200714/03/200818/04/2008FrenchPDF
Abridged model30/09/200623/03/200728/03/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

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

4 active · 15 ended

Active mandates

Fabienne Martens

Managing director · since 29 septembre 2023 · until 29 septembre 2029

Active
Koenraad De Schepper

Managing director · since 29 septembre 2023 · until 29 septembre 2029

Active
Sofie de Schepper

Director · since 29 septembre 2023 · until 29 septembre 2029

Active
Tim De Schepper

Director · since 29 septembre 2023 · until 29 septembre 2029

Active

Ended mandates

Fabienne Martens

Director · since 29 septembre 2023 · until 29 septembre 2029

Ended
Koenraad De Schepper

Director · since 29 septembre 2023 · until 29 septembre 2029

Ended
FABIENNE MARTENS

Director · since 15 février 2023 · until 14 février 2029

Ended
KOENRAAD DE SCHEPPER

Director · since 15 février 2023 · until 14 février 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates23/01/2012
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office13/01/2009
    SIEGE SOCIAL
    PDF
  • Registered office22/11/2007
    SIEGE SOCIAL
    PDF
  • Mandates01/04/2005
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/10/2004
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates18/06/2003
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/06/2003
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025476,9 €
  2. 2024
    Annual accounts 20242 k €
  3. 2023
    Annual accounts 2023-3,7 k €
  4. 2022
    Annual accounts 202210,1 k €
  5. 2021
    Annual accounts 2021-47,1 k €
  6. 2020
    Annual accounts 20202,5 k €
  7. 2019
    Annual accounts 2019391,7 €
  8. 2018
    Annual accounts 2018-3,2 k €
  9. 2017
    Annual accounts 20174,8 k €
  10. 2016
    Annual accounts 2016-1,5 k €
  11. 2015
    Annual accounts 20151,4 k €
  12. 2014
    Annual accounts 2014537,6 €
  13. 2013
    Annual accounts 20131,2 k €
  14. 2012
    Annual accounts 2012954,7 €
  15. 2011
    Annual accounts 2011-7 k €
  16. 2010
    Annual accounts 2010204,1 €
  17. 2009
    Annual accounts 200912,2 k €
  18. 2008
    Annual accounts 2008-7,7 k €
  19. 2007
    Annual accounts 2007-7,1 k €
  20. 23/03/1991
    IncorporationPublic limited company