ACTIVE

NORSU

Financial year 2025 · Closed on 31/12/2025

Net result51,4 k €-25,4 %over 1 year

Gross margin73,7 k €-25,4 %over 1 year

Equity113,4 k €+38,2 %over 1 year

Identity

Source · BCE/KBO

NORSU is a Private limited company incorporated in 2013. Its main activity is: Office administrative and support activities. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0525.934.592
Incorporation: 08/04/2013
Legal form: Private limited company
Registered office: Lange Leemstraat 334 box 201
2018 Antwerpen · FlandreSee on map
Latest accounts: 31/12/2025

Activities (NACE)

82100Office administrative and support activities· main 82110Combined office administrative service activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Contacts

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Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 12 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	73,7 k €	-25.4%	98,8 k €	+120%	44,8 k €	+229%	-34,7 k €	-549%	7,7 k €
EBITDA	73,2 k €	-25.5%	98,4 k €	+130%	42,8 k €	+222%	-35,1 k €	-643%	6,5 k €
Operating result	70,2 k €	-27.1%	96,3 k €	+129%	42 k €	+217%	-35,8 k €	-683%	6,1 k €
Net result	51,4 k €	-25.4%	68,8 k €	+105%	33,6 k €	+194%	-35,8 k €	-793%	5,2 k €
Balance sheet
Equity	113,4 k €	+38.2%	82 k €	+29.8%	63,2 k €	+114%	29,6 k €	-54.8%	65,4 k €
Total assets	123 k €	+41.7%	86,8 k €	+36.7%	63,5 k €	+113%	29,9 k €	-56.5%	68,7 k €
Cash	72,4 k €	-1.0%	73,2 k €	+81.6%	40,3 k €	+117%	18,5 k €	-71.0%	64 k €
Debts	9,6 k €	+101%	4,8 k €	+1321%	337,9 €	+7.4%	314,6 €	-90.5%	3,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Peter Bertels	MandateDirector19/03/2020 → 2022 accountsendedManager08/04/2013 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Paul Bertels	Director19/03/2020 → 2022 accountsManager22/02/2016 → 2018 accounts

Other companies at this address

Lange Leemstraat 334 2018 Antwerpen

Company	CBE no.
Dwengo● Active	0811.397.278
JJ● Active	0707.924.014
Vereniging van Mede-eigenaars Appartementen Lange Leem West (LLW) - Arsenaal Militair Hospitaal Antwerpen, Lange Leemstraat 338● Active	0844.943.541
Vereniging van Mede-eigenaars Ondergrondse Parking Arsenaal Noord Militair Hospitaal Antwerpen, Lange Leemstraat 334● Active	0844.943.343

Full financial information

Source · NBB

	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	01/01/2025	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	01/05/2026	01/05/2025	04/05/2024	02/01/2023	01/05/2022	01/05/2021
General meeting	01/05/2026	01/05/2025	01/05/2024	02/01/2023	01/05/2022	01/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/05/2026	01/05/2026	Dutch	PDF
Micro model	31/12/2024	01/05/2025	01/05/2025	Dutch	PDF
Micro model	31/12/2023	01/05/2024	04/05/2024	Dutch	PDF
Micro model	31/12/2022	02/01/2023	02/01/2023	Dutch	PDF
Micro model	31/12/2021	01/05/2022	01/05/2022	Dutch	PDF
Micro model	31/12/2020	01/05/2021	01/05/2021	Dutch	PDF
Micro model	31/12/2019	15/06/2020	29/06/2020	Dutch	PDF
Micro model	31/12/2018	01/05/2019	01/05/2019	Dutch	PDF
Micro model	31/12/2017	01/05/2018	12/05/2018	Dutch	PDF
Abridged model	31/12/2016	25/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/05/2016	02/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/05/2015	29/06/2015	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Peter Bertels	MandateDirector19/03/2020 → 2022 accountsendedManager08/04/2013 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Paul Bertels	Director19/03/2020 → 2022 accountsManager22/02/2016 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office17/10/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/01/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/03/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/10/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/03/2016
Benoeming Zaakvoerder
PDF
Mandates03/04/2014
ONTSLAG ZAAKVOERDERS ;
PDF
Other22/04/2013
OPRICHTING
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Peter Bertels

Paul Bertels

20132014201520162017201820192020202120222023202420252026

NORSU

Lange Leemstraat 334 bte 201, 2018 Antwerp-2018Marcel Thirylaan 194 bte 4.1, 1200 Woluwe-Saint-Lambert

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Lange Leemstraat 334 bte 201, 2018 Antwerp-2018Current	accounts 2023 → 2025	Accounts 2025 · 2026-00101214
Marcel Thirylaan 194 bte 4.1, 1200 Woluwe-Saint-Lambert	accounts 2021 → 2022	Accounts 2022 · 2023-20552081

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NORSUCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00101214

Events

2025
Annual accounts 202551,4 k €↓
2024
Annual accounts 202468,8 k €↑
2023
Annual accounts 202333,6 k €↑
2022
Annual accounts 2022-35,8 k €↓
2021
Annual accounts 20215,2 k €↑
2020
Annual accounts 2020-10,5 k €↓
2019
Annual accounts 201917,2 k €↓
2018
Annual accounts 201817,4 k €↑
2017
Annual accounts 201716,6 k €↑
2016
Annual accounts 20167,7 k €↑
2015
Annual accounts 20154,7 k €↑
2014
Annual accounts 2014-5,3 k €
08/04/2013
IncorporationPrivate limited company

NORSU

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events