NORMAL SITUATION

NORBEL

Export PDF

Financial year 2023 · closed on 31/12/2023

Net result

158 k €

+715.9% YoY

Gross margin

242,1 k €

+361.3% YoY

Equity

235,5 k €

+4.8% YoY

Company — Normal situation.

What does NORBEL do?

NORBEL is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.704.092

Legal form

Private company with limited liability

Contributed capital

18 592,01 €

Latest accounts

31/12/2023

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	242,1 k €	+361%	52,5 k €	+61.4%	32,5 k €	+37.2%	23,7 k €	-43.4%	41,8 k €	-7.1%	45 k €	-17.4%	54,6 k €	-30.6%	78,6 k €	-15.5%	93 k €	-24.0%	122,5 k €	+172%	45 k €	+42.0%	31,7 k €	+14.2%	27,8 k €	-35.5%	43 k €	-46.2%	79,9 k €	-24.7%	106,2 k €	+33.3%	79,7 k €	+20.6%	66,1 k €
EBITDA	238,4 k €	+381%	49,6 k €	+66.7%	29,8 k €	+41.5%	21 k €	-27.5%	29 k €	+30.2%	22,3 k €	+241%	6,5 k €	-77.5%	29 k €	-36.8%	45,9 k €	-43.0%	80,5 k €	+1703%	4,5 k €	+152%	-8,6 k €	-53.1%	-5,6 k €	-139%	14,6 k €	-66.5%	43,6 k €	-34.5%	66,5 k €	+95.7%	34 k €	-6.1%	36,2 k €
Operating result	234,9 k €	+648%	31,4 k €	+172%	11,6 k €	+308%	2,8 k €	-73.8%	10,8 k €	+395%	2,2 k €	+116%	-13,8 k €	-259%	8,7 k €	-65.9%	25,5 k €	-57.2%	59,4 k €	+558%	-13 k €	+63.5%	-35,6 k €	-118%	-16,3 k €	-515%	3,9 k €	-87.7%	32 k €	-41.7%	54,8 k €	+146%	22,3 k €	-31.9%	32,8 k €
Net result	158 k €	+716%	19,4 k €	+179%	6,9 k €	+786%	-1 k €	-116%	6,3 k €	+423%	-2 k €	+89.4%	-18,6 k €	-814%	2,6 k €	-84.4%	16,8 k €	-71.6%	59 k €	+382%	-20,9 k €	+37.8%	-33,6 k €	-131%	-14,5 k €	-507%	3,6 k €	-86.4%	26,3 k €	-37.1%	41,8 k €	+68.2%	24,8 k €	-0.6%	25 k €
Balance sheet
Equity	235,5 k €	+4.8%	224,6 k €	+8.9%	206,2 k €	+3.0%	200,3 k €	-0.5%	201,3 k €	+3.3%	195 k €	-1.0%	196,9 k €	-8.6%	215,6 k €	+1.2%	212,9 k €	+1.6%	209,5 k €	+39.2%	150,6 k €	-12.2%	171,4 k €	-16.4%	205 k €	-6.6%	219,5 k €	+1.7%	215,9 k €	+13.9%	189,7 k €	+28.3%	147,9 k €	+20.2%	123 k €
Total assets	247,6 k €	-22.7%	320,4 k €	+0.5%	318,7 k €	-6.8%	341,8 k €	-7.0%	367,6 k €	-1.2%	372 k €	-6.0%	395,8 k €	-10.6%	442,5 k €	-4.9%	465,2 k €	-3.0%	479,6 k €	+4.4%	459,4 k €	-4.5%	481,2 k €	+99.2%	241,6 k €	-10.0%	268,5 k €	-9.2%	295,6 k €	+30.9%	225,9 k €	+7.6%	210 k €	+38.8%	151,3 k €
Cash	203,3 k €	+412%	39,7 k €	+41.5%	28,1 k €	-10.0%	31,2 k €	-20.4%	39,2 k €	+78.8%	21,9 k €	-28.5%	30,6 k €	-52.5%	64,4 k €	+0.5%	64,1 k €	-8.3%	69,9 k €	+17.3%	59,6 k €	-25.7%	80,2 k €	-47.1%	151,6 k €	-14.8%	177,9 k €	-10.5%	198,9 k €	+22.8%	161,9 k €	+9.4%	148 k €	+49.4%	99,1 k €
Debts	12,2 k €	-87.3%	95,8 k €	-14.8%	112,5 k €	-20.5%	141,5 k €	-14.9%	166,3 k €	-6.1%	177,1 k €	-10.9%	198,8 k €	-12.4%	227 k €	-10.0%	252,2 k €	-6.6%	270,1 k €	-12.5%	308,9 k €	-0.1%	309,3 k €	+745%	36,6 k €	-25.3%	49 k €	-38.4%	79,6 k €	+129%	34,8 k €	-20.5%	43,8 k €	+55.0%	28,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		1,4 ETP	+16.7%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	+9.1%	1,1 ETP	-15.4%	1,3 ETP	-18.8%	1,6 ETP	-20.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 3 ended

Active mandates

Isabelle VERMEULEN

Director

Active

Norbert CALEMYN

Director

Active

Ended mandates

Isabelle VERMEULEN

Director · since 01 juillet 2013

Ended

Norbert CALEMYN

Director · since 03 juillet 1992

Ended

Norbert CALEMYN

Manager

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/05/2024	03/05/2023	03/06/2022	01/06/2021	04/05/2020	07/05/2019
General meeting	26/04/2024	28/04/2023	29/04/2022	30/04/2021	24/04/2020	26/04/2019
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 days

Filings

Annual accounts filings

31 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	26/04/2024	13/05/2024	Dutch	PDF
Micro model	31/12/2022	28/04/2023	03/05/2023	Dutch	PDF
Micro model	31/12/2021	29/04/2022	03/06/2022	Dutch	PDF
Micro model	31/12/2020	30/04/2021	01/06/2021	Dutch	PDF
Micro model	31/12/2019	24/04/2020	04/05/2020	Dutch	PDF
Micro model	31/12/2018	26/04/2019	07/05/2019	Dutch	PDF
Micro model	31/12/2017	27/04/2018	24/05/2018	Dutch	PDF
Micro model	31/12/2016	28/04/2017	10/05/2017	Dutch	PDF
Abridged model	31/12/2015	29/04/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	24/04/2015	05/05/2015	Dutch	PDF
Abridged model	31/12/2013	25/04/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	26/04/2013	05/08/2013	Dutch	PDF
Abridged model	31/12/2011	27/04/2012	02/06/2012	Dutch	PDF
Abridged model	31/12/2010	29/04/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	30/04/2010	24/09/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	27/04/2007	27/06/2007	Dutch	PDF
Abridged model	31/12/2005	28/04/2006	29/08/2006	Dutch	PDF
Abridged model	31/12/2004	29/04/2005	29/07/2005	Dutch	PDF
Abridged model	31/12/2003	30/04/2004	01/09/2004	Dutch	PDF
Abridged model	31/12/2002	25/04/2003	30/09/2003	Dutch	PDF
Abridged model	31/12/2001	26/04/2002	07/08/2002	Dutch	PDF
Abridged model	31/12/2000	27/04/2001	11/07/2001	Dutch	PDF

View all 31 filings

Estimate

Indicative valuation

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 3 ended

Active mandates

Isabelle VERMEULEN

Director

Active

Norbert CALEMYN

Director

Active

Ended mandates

Isabelle VERMEULEN

Director · since 01 juillet 2013

Ended

Norbert CALEMYN

Director · since 03 juillet 1992

Ended

Norbert CALEMYN

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution23/01/2025
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Mandates15/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2023
Annual accounts 2023158 k €↑
2022
Annual accounts 202219,4 k €↑
2021
Annual accounts 20216,9 k €↑
2020
Annual accounts 2020-1 k €↓
2019
Annual accounts 20196,3 k €↑
2018
Annual accounts 2018-2 k €↑
2017
Annual accounts 2017-18,6 k €↓
2016
Annual accounts 20162,6 k €↓
2015
Annual accounts 201516,8 k €↓
2014
Annual accounts 201459 k €↑
2013
Annual accounts 2013-20,9 k €↑
2012
Annual accounts 2012-33,6 k €↓
2011
Annual accounts 2011-14,5 k €↓
2010
Annual accounts 20103,6 k €↓
2009
Annual accounts 200926,3 k €↓
2008
Annual accounts 200841,8 k €↑
2007
Annual accounts 200724,8 k €↓
2006
Annual accounts 200625 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NORBEL

Overview

What does NORBEL do?

Trend over 18 financial years

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