NORINE
0473.206.778 · rovalta.com · 23/09/2026
MORATORIUM (JUDICIAL REORGANISATION)
NORINE
Financial year 2025 · closed on 30/09/2025
Net result
-6,4 k €
-236.8% YoY
Gross margin
37 k €
-15.8% YoY
Equity
-19,2 k €
-50.2% YoY
Company — Moratorium (judicial reorganisation).
Overview
What does NORINE do?
NORINE is a Private limited company incorporated in 2000. Its registered office is in Brunehaut.
Legal situation
● Moratorium (judicial reorganisation)
BCE/KBO no. / VAT
BE 0473.206.778
Incorporation
06/11/2000
Legal form
Private limited company
Registered office
Rue de Tournai(HOL) 181
7620 Brunehaut · WallonieSee on map
7620 Brunehaut · WallonieSee on map
Contributed capital
18 592,01 €
Latest accounts
30/09/2025
Joint committees (1)
- 119
Signals
Good liquidityPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 37 k € | -15.8% | 43,9 k € | -3.5% | 45,5 k € | +130% | 19,8 k € | -91.2% | 225,6 k € | +81.5% | 124,3 k € | +2.2% | 121,6 k € | -9.5% | 134,3 k € | -22.0% | 172,1 k € | -6.4% | 183,8 k € | -3.3% | 190,1 k € | +1.4% | 187,5 k € | -1.9% | 191,1 k € | -9.2% | 210,4 k € | +9.4% | 192,4 k € | +2.8% | 187,2 k € | -15.2% | 220,7 k € |
| EBITDA | 20,7 k € | -23.9% | 27,2 k € | +2.4% | 26,6 k € | +454% | 4,8 k € | -97.3% | 180,9 k € | +172% | 66,4 k € | +178% | 23,9 k € | +62.5% | 14,7 k € | -70.7% | 50,3 k € | -25.8% | 67,7 k € | +1.4% | 66,8 k € | -8.4% | 72,9 k € | +23.6% | 59 k € | -7.7% | 63,9 k € | +27.9% | 50 k € | +4.5% | 47,9 k € | -7.6% | 51,8 k € |
| Operating result | 16,5 k € | -25.7% | 22,2 k € | +1.5% | 21,8 k € | +2367% | 884,7 € | -99.5% | 176,5 k € | +205% | 57,8 k € | +302% | 14,4 k € | +582% | -3 k € | -109% | 31,8 k € | -7.4% | 34,4 k € | +24.9% | 27,5 k € | -10.3% | 30,7 k € | +125% | 13,6 k € | -44.2% | 24,5 k € | +31.5% | 18,6 k € | +25.9% | 14,8 k € | -21.0% | 18,7 k € |
| Net result | -6,4 k € | -237% | 4,7 k € | +316% | 1,1 k € | +105% | -24,4 k € | -165% | 37,7 k € | -3.2% | 38,9 k € | +687% | -6,6 k € | +82.0% | -36,8 k € | -23.5% | -29,8 k € | -361% | 11,4 k € | +286% | 3 k € | +113% | -22,4 k € | +8.2% | -24,4 k € | -265% | -6,7 k € | -156% | 11,9 k € | +342% | -4,9 k € | -405% | 1,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | -19,2 k € | -50.2% | -12,8 k € | +66.7% | -38,4 k € | +2.8% | -39,6 k € | -161% | -15,2 k € | +71.3% | -52,8 k € | +42.4% | -91,7 k € | -7.8% | -85,1 k € | -76.0% | -48,4 k € | -160% | -18,6 k € | +38.0% | -30 k € | +9.0% | -32,9 k € | -213% | -10,5 k € | -176% | 13,9 k € | -32.5% | 20,6 k € | +32.7% | 15,5 k € | -24.1% | 20,5 k € |
| Total assets | 176,5 k € | -9.4% | 194,8 k € | +3.6% | 188 k € | -6.6% | 201,3 k € | +24.0% | 162,3 k € | -27.8% | 224,7 k € | +4.0% | 216,1 k € | -25.6% | 290,6 k € | +6.5% | 273 k € | -3.1% | 281,7 k € | -12.7% | 322,8 k € | -6.9% | 346,6 k € | -4.7% | 363,8 k € | -10.2% | 405 k € | +3.6% | 391,1 k € | +37.7% | 284 k € | +19.0% | 238,6 k € |
| Cash | 1,2 k € | +10.5% | 1,1 k € | -50.8% | 2,2 k € | -83.9% | 13,7 k € | +224% | 4,2 k € | +103% | 2,1 k € | -73.9% | 8 k € | +232% | 2,4 k € | – | – | – | – | – | – | – | 37,5 k € | +7922% | 467 € | ||||||||
| Debts | 146,9 k € | -7.5% | 158,8 k € | -10.6% | 177,6 k € | -7.5% | 192,1 k € | +49.3% | 128,7 k € | -43.7% | 228,7 k € | -11.7% | 259 k € | -20.8% | 326,9 k € | +19.9% | 272,5 k € | +8.4% | 251,5 k € | -17.3% | 304 k € | -8.1% | 330,7 k € | +1.6% | 325,5 k € | -4.9% | 342,3 k € | +6.4% | 321,7 k € | +40.1% | 229,7 k € | +28.1% | 179,3 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 2,9 ETP | -23.7% | 3,8 ETP | 0.0% | 3,8 ETP | -11.6% | 4,3 ETP | -4.4% | 4,5 ETP | +7.1% | 4,2 ETP | -10.6% | 4,7 ETP | +27.0% | 3,7 ETP | |||||||||
Governance
Board of directors
Seen on filing of 30/09/2025 · 1 active · 1 ended
Active mandates
PIETRINO GALOFARO
ActiveEnded mandates
Pietrino GALOFARO
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| 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 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 26/11/2025 | 02/04/2025 | 27/03/2024 | 28/04/2023 | 11/05/2022 | 24/03/2021 |
| General meeting | 18/11/2025 | 18/03/2025 | 26/03/2024 | 30/03/2023 | 24/03/2022 | 18/03/2021 |
| 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
17 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 18/11/2025 | 26/11/2025 | French | |
| Micro model | 30/09/2024 | 18/03/2025 | 02/04/2025 | French | |
| Micro model | 30/09/2023 | 26/03/2024 | 27/03/2024 | French | |
| Micro model | 30/09/2022 | 30/03/2023 | 28/04/2023 | French | |
| Micro model | 30/09/2021 | 24/03/2022 | 11/05/2022 | French | |
| Micro model | 30/09/2020 | 18/03/2021 | 24/03/2021 | French | |
| Micro model | 30/09/2019 | 20/03/2020 | 06/04/2020 | French | |
| Micro model | 30/09/2018 | 21/03/2019 | 16/04/2019 | French | |
| Micro model | 30/09/2017 | 22/02/2018 | 15/03/2018 | French | |
| Abridged model | 30/09/2016 | 02/02/2017 | 23/02/2017 | French | |
| Abridged model | 30/09/2015 | 25/02/2016 | 09/03/2016 | French | |
| Abridged model | 30/09/2014 | 26/02/2015 | 20/03/2015 | French | |
| Abridged model | 30/09/2013 | 27/02/2014 | 10/04/2014 | French | |
| Abridged model | 30/09/2012 | 28/02/2013 | 19/04/2013 | French | |
| Abridged model | 30/09/2011 | 28/02/2012 | 25/04/2012 | French | |
| Abridged model | 30/09/2010 | 31/03/2011 | 01/12/2011 | French | |
| Abridged model | 30/09/2009 | 28/02/2010 | 19/03/2010 | French |
Valuation
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.
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 · 1 active · 1 ended
Active mandates
PIETRINO GALOFARO
ActiveEnded mandates
Pietrino GALOFARO
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Dissolution07/05/2026Désignation d'un praticien de la liquidation dans le cadre d'un transfert
- Mandates16/07/2021STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Other06/07/2015STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Other28/04/2011OBJET
- Other21/04/2008OBJET
- Registered office07/03/2006SIEGE SOCIAL
- Capital / shares13/06/2005CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025-6,4 k €↓
- 2024Annual accounts 20244,7 k €↑
- 2023Annual accounts 20231,1 k €↑
- 2022Annual accounts 2022-24,4 k €↓
- 2021Annual accounts 202137,7 k €↓
- 2020Annual accounts 202038,9 k €↑
- 2019Annual accounts 2019-6,6 k €↑
- 2018Annual accounts 2018-36,8 k €↓
- 2017Annual accounts 2017-29,8 k €↓
- 2016Annual accounts 201611,4 k €↑
- 2015Annual accounts 20153 k €↑
- 2014Annual accounts 2014-22,4 k €↑
- 2013Annual accounts 2013-24,4 k €↓
- 2012Annual accounts 2012-6,7 k €↓
- 2011Annual accounts 201111,9 k €↑
- 2010Annual accounts 2010-4,9 k €↓
- 2009Annual accounts 20091,6 k €
- 06/11/2000IncorporationPrivate limited company