NAOR
0445.943.939 · rovalta.com · 23/09/2026
ACTIVE
NAOR
Financial year 2025 · closed on 31/12/2025
Net result
1,4 €
+100.0% YoY
Gross margin
-4,4 k €
+96.9% YoY
Equity
130,6 k €
+0.0% YoY
Overview
What does NAOR do?
NAOR is a Public limited company incorporated in 1991. Its main activity is: Retail sale of watches and jewellery in specialised stores. Its registered office is in Beauvechain.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0445.943.939
Incorporation
16/12/1991
Legal form
Public limited company
Registered office
Rue du Petit Paradis,H.-M. 1
1320 Beauvechain · WallonieSee on map
1320 Beauvechain · WallonieSee on map
Contributed capital
495 787,03 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (2)
- 14903
- 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | -4,4 k € | +96.9% | -140,3 k € | -1811% | -7,3 k € | +90.9% | -81 k € | +30.4% | -116,5 k € | -910% | -11,5 k € | -159% | -4,4 k € | -125% | 17,8 k € | -59.4% | 43,8 k € | -40.3% | 73,4 k € | +270% | 19,9 k € | +401% | -6,6 k € | -120% | 32,4 k € | +131% | 14 k € | +5.2% | 13,3 k € | -78.1% | 60,9 k € | +199% | 20,4 k € | +161% | -33,4 k € | -566% | 7,2 k € | +16.8% | 6,1 k € |
| EBITDA | -4,8 k € | +96.6% | -140,6 k € | -1721% | -7,7 k € | +90.5% | -81,4 k € | +31.1% | -118,2 k € | -870% | -12,2 k € | -127% | -5,4 k € | -132% | 16,7 k € | -60.8% | 42,5 k € | -41.1% | 72,2 k € | +292% | 18,4 k € | +333% | -7,9 k € | -125% | 31,1 k € | +149% | 12,5 k € | +1.7% | 12,3 k € | -79.0% | 58,5 k € | +1424% | -4,4 k € | +98.1% | -238,8 k € | -37.6% | -173,6 k € | -11.5% | -155,7 k € |
| Operating result | -4,8 k € | +80.0% | -23,8 k € | -174% | 32 k € | +138% | -84,9 k € | -89.4% | -44,8 k € | -178% | 57,5 k € | +432% | -17,3 k € | +92.4% | -227,5 k € | -1275% | -16,5 k € | -228% | 12,9 k € | -30.0% | 18,4 k € | +224% | -14,8 k € | -161% | 24,1 k € | +376% | 5,1 k € | -57.0% | 11,8 k € | -79.7% | 58 k € | +537% | -13,3 k € | +95.2% | -277,8 k € | -30.3% | -213,2 k € | +25.3% | -285,3 k € |
| Net result | 1,4 € | +100% | -17,2 k € | -151% | 33,9 k € | +140% | -85,4 k € | -78.3% | -47,9 k € | -150% | 95,1 k € | +540% | -21,6 k € | +90.9% | -236,3 k € | -1204% | -18,1 k € | -290% | 9,5 k € | -43.5% | 16,9 k € | +197% | -17,4 k € | -189% | 19,6 k € | +545% | 3 k € | -72.1% | 10,9 k € | -80.8% | 56,9 k € | -45.9% | 105,1 k € | +3480% | 2,9 k € | -6.0% | 3,1 k € | -82.8% | 18,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 130,6 k € | +0.0% | 130,6 k € | -11.7% | 147,8 k € | +29.7% | 113,9 k € | -42.9% | 199,4 k € | -19.4% | 247,3 k € | +62.5% | 152,2 k € | -12.4% | 173,8 k € | -57.6% | 410 k € | -4.2% | 428,2 k € | +2.3% | 418,6 k € | +4.2% | 401,8 k € | -4.2% | 419,2 k € | +4.9% | 399,5 k € | +0.8% | 396,5 k € | +2.8% | 385,6 k € | +17.3% | 328,7 k € | +47.0% | 223,6 k € | +1.3% | 220,6 k € | +1.4% | 217,5 k € |
| Total assets | 131,6 k € | -0.4% | 132,2 k € | -13.0% | 151,8 k € | +32.6% | 114,5 k € | -53.9% | 248,3 k € | -29.0% | 349,5 k € | -24.1% | 460,7 k € | -17.3% | 556,8 k € | -35.0% | 856,1 k € | -15.0% | 1 M € | -9.1% | 1,1 M € | +16.1% | 954,1 k € | -3.1% | 985,2 k € | +0.3% | 982 k € | +0.8% | 973,9 k € | -8.8% | 1,1 M € | +9.4% | 976,4 k € | -20.7% | 1,2 M € | -3.6% | 1,3 M € | -1.7% | 1,3 M € |
| Cash | 25,7 k € | -12.4% | 29,3 k € | +26.0% | 23,3 k € | +45.8% | 16 k € | -79.6% | 78,4 k € | +8.4% | 72,3 k € | -28.0% | 100,5 k € | +29.3% | 77,7 k € | +5.1% | 74 k € | -28.8% | 103,9 k € | -31.8% | 152,4 k € | +29.7% | 117,5 k € | -2.1% | 120 k € | +16.9% | 102,7 k € | -0.4% | 103,1 k € | -37.5% | 165 k € | +72.9% | 95,4 k € | +2551% | 3,6 k € | +5.9% | 3,4 k € | -71.4% | 11,9 k € |
| Debts | 1 k € | -34.8% | 1,6 k € | -60.2% | 4 k € | +631% | 550,8 € | -98.8% | 46,5 k € | -53.7% | 100,6 k € | -66.4% | 298,8 k € | -20.7% | 376,7 k € | -15.6% | 446 k € | -23.0% | 579 k € | -16.0% | 689 k € | +24.7% | 552,4 k € | -2.4% | 565,9 k € | -2.8% | 582,3 k € | +0.9% | 577,3 k € | -15.4% | 682,2 k € | +5.4% | 647,5 k € | -35.6% | 1 M € | -4.7% | 1,1 M € | -2.3% | 1,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1,0 ETP | -73.0% | 3,7 ETP | +2.8% | 3,6 ETP | +16.1% | 3,1 ETP | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 5 ended
Active mandates
Edouard de BECKER-REMY
ActivePaul-Emmanuel de BECKER-REMY
ActiveEnded mandates
Paul-Emmanuel de BECKER-REMY
EndedPatrick DESCAMPS
EndedPaul-Emmanuel de BECKER-REMY
EndedPatrick DESCAMPS
EndedAt this address
Other companies at this address
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|---|---|
EURO TAX CONSULTING● Active | 0439.554.213 |
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LeBonBail● Active | 0597.636.497 |
Le Double Myosotis● Active | 0442.295.056 |
Les Sentiers du Barroux● Active | 1039.387.860 |
URBANECO● Active | 0830.925.556 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 24/08/2026 | 29/09/2025 | 30/09/2024 | 29/09/2023 | 04/08/2022 | 26/07/2021 |
| General meeting | 20/08/2026 | 10/09/2025 | 17/09/2024 | 28/09/2023 | 25/07/2022 | 16/06/2021 |
| 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 |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 20/08/2026 | 24/08/2026 | French | |
| Micro model | 31/12/2024 | 10/09/2025 | 29/09/2025 | French | |
| Micro model | 31/12/2023 | 17/09/2024 | 30/09/2024 | French | |
| Micro model | 31/12/2022 | 28/09/2023 | 29/09/2023 | French | |
| Micro model | 31/12/2021 | 25/07/2022 | 04/08/2022 | French | |
| Micro model | 31/12/2020 | 16/06/2021 | 26/07/2021 | French | |
| Micro model | 31/12/2019 | 15/12/2020 | 18/01/2021 | French | |
| Micro model | 31/12/2018 | 31/05/2019 | 05/08/2019 | French | |
| Micro model | 31/12/2017 | 25/05/2018 | 30/08/2018 | French | |
| Micro model | 31/12/2016 | 26/05/2017 | 09/08/2017 | French | |
| Abridged model | 31/12/2015 | 27/05/2016 | 18/08/2016 | French | |
| Abridged model | 31/12/2014 | 29/05/2015 | 18/08/2015 | French | |
| Abridged model | 31/12/2013 | 30/05/2014 | 14/08/2014 | French | |
| Abridged model | 31/12/2012 | 31/05/2013 | 03/07/2013 | French | |
| Abridged model | 31/12/2011 | 25/05/2012 | 18/07/2012 | French | |
| Abridged model | 31/12/2010 | 27/05/2011 | 11/08/2011 | French | |
| Abridged model | 31/12/2009 | 28/05/2010 | 13/08/2010 | French | |
| Abridged model | 31/12/2008 | 29/05/2009 | 31/07/2009 | French | |
| Abridged model | 31/12/2007 | 23/05/2008 | 31/07/2008 | French | |
| Abridged model | 31/12/2006 | 25/05/2007 | 31/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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 31/12/2025 · 2 active · 5 ended
Active mandates
Edouard de BECKER-REMY
ActivePaul-Emmanuel de BECKER-REMY
ActiveEnded mandates
Paul-Emmanuel de BECKER-REMY
EndedPatrick DESCAMPS
EndedPaul-Emmanuel de BECKER-REMY
EndedPatrick DESCAMPS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Registered office31/12/2024SIEGE SOCIAL
- Mandates08/02/2022SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Mandates29/08/2017DEMISSIONS, NOMINATIONS
- Capital / shares08/02/2012CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates03/06/2009DEMISSIONS, NOMINATIONS
- Registered office08/12/2006SIEGE SOCIAL
- Mandates27/06/2003DEMISSIONS, NOMINATIONS
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 20251,4 €↑
- 2024Annual accounts 2024-17,2 k €↓
- 2023Annual accounts 202333,9 k €↑
- 2022Annual accounts 2022-85,4 k €↓
- 2021Annual accounts 2021-47,9 k €↓
- 2020Annual accounts 202095,1 k €↑
- 2019Annual accounts 2019-21,6 k €↑
- 2018Annual accounts 2018-236,3 k €↓
- 2017Annual accounts 2017-18,1 k €↓
- 2016Annual accounts 20169,5 k €↓
- 2015Annual accounts 201516,9 k €↑
- 2014Annual accounts 2014-17,4 k €↓
- 2013Annual accounts 201319,6 k €↑
- 2012Annual accounts 20123 k €↓
- 2011Annual accounts 201110,9 k €↓
- 2010Annual accounts 201056,9 k €↓
- 2009Annual accounts 2009105,1 k €↑
- 2008Annual accounts 20082,9 k €↓
- 2007Annual accounts 20073,1 k €↓
- 2006Annual accounts 200618,1 k €
- 16/12/1991IncorporationPublic limited company