ACTIVE

NoRo

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Financial year 2025 · closed on 31/12/2025

Net result

54,4 k €

-19.9% YoY

Gross margin

454,7 k €

-0.8% YoY

Equity

212,6 k €

+2.0% YoY

What does NoRo do?

NoRo is a Private limited company incorporated in 2013. Its main activity is: Child day-care activities. Its registered office is in Boom.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0541.819.234

Incorporation

13/11/2013

Legal form

Private limited company

Registered office

Wilgenstraat 9 box 1
2850 Boom · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

88911Child day-care activities· main 88911Child day-care activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	454,7 k €	-0.8%	458,5 k €	+17.9%	388,9 k €	-3.4%	402,5 k €	+23.9%	324,8 k €	+26.1%	257,6 k €	+6.3%	242,4 k €	+21.8%	199 k €	-2.2%	203,5 k €	+7.6%	189,1 k €	+6.2%	178,1 k €	+28.3%	138,8 k €
EBITDA	134,8 k €	-0.0%	134,8 k €	+52.6%	88,3 k €	+3108%	2,8 k €	-85.4%	18,9 k €	-14.4%	22 k €	-75.4%	89,4 k €	+21.1%	73,8 k €	-13.8%	85,6 k €	+35.6%	63,1 k €	-16.9%	76 k €	+7.0%	71 k €
Operating result	98,7 k €	-1.5%	100,2 k €	+72.4%	58,1 k €	+365%	-22 k €	-244%	-6,4 k €	-74.2%	-3,7 k €	-106%	63,1 k €	+35.3%	46,6 k €	-25.0%	62,2 k €	+56.4%	39,8 k €	-27.9%	55,2 k €	+24.9%	44,2 k €
Net result	54,4 k €	-19.9%	67,9 k €	+30.3%	52,1 k €	+316%	-24,1 k €	-188%	-8,4 k €	-42.4%	-5,9 k €	-112%	48,8 k €	+21.9%	40 k €	-2.4%	41 k €	+70.7%	24 k €	-31.0%	34,8 k €	+16.8%	29,8 k €
Balance sheet
Equity	212,6 k €	+2.0%	208,6 k €	+38.5%	150,6 k €	+53.0%	98,5 k €	-19.7%	122,6 k €	-6.4%	131 k €	-4.3%	136,9 k €	+47.0%	93,1 k €	+47.5%	63,1 k €	+96.5%	32,1 k €	+296%	8,1 k €	-77.4%	36 k €
Total assets	680,2 k €	+3.6%	656,6 k €	+13.1%	580,4 k €	+239%	171,1 k €	-19.1%	211,4 k €	-9.5%	233,5 k €	+0.5%	232,3 k €	+17.0%	198,6 k €	+3.1%	192,5 k €	+14.4%	168,4 k €	-2.1%	171,9 k €	+17.5%	146,3 k €
Cash	152,9 k €	+65.2%	92,5 k €	+289%	23,8 k €		–		51,1 k €	-37.6%	81,8 k €	-35.6%	127,1 k €	+55.7%	81,6 k €	+37.1%	59,5 k €	+225%	18,3 k €	-59.2%	44,9 k €	+14.0%	39,4 k €
Debts	465,9 k €	+4.4%	446,4 k €	+4.3%	428,1 k €	+504%	70,9 k €	-18.6%	87,1 k €	-13.7%	100,9 k €	+7.3%	94 k €	-9.8%	104,2 k €	-15.5%	123,3 k €	-3.9%	128,4 k €	-21.3%	163,1 k €	+58.0%	103,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		3,9 ETP	+62.5%	2,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Nicolas Blondeel

Director · since 01 novembre 2025

Active

Eline Claes

Director · since 13 novembre 2013

Active

Ended mandates

Thomas Andries

Director · since 24 mai 2016 · until 07 février 2023

Ended

THOMAS ANDRIES

Manager · since 24 mai 2016

Ended

De Schutter

Manager · since 31 octobre 2013 · 0829.536.971

Represented by KRIS DE SCHUTTER

Ended

Eline Claes

Manager · since 31 octobre 2013

Ended

At this address

Other companies at this address

Company	CBE no.
TIJL● Active	0510.749.639

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	01/01/2025	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	26/05/2026	15/05/2025	07/06/2024	06/06/2023	31/08/2022	10/09/2021
General meeting	01/05/2026	01/05/2025	01/05/2024	01/05/2023	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

Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/05/2026	26/05/2026	Dutch	PDF
Micro model	31/12/2024	01/05/2025	15/05/2025	Dutch	PDF
Micro model	31/12/2023	01/05/2024	07/06/2024	Dutch	PDF
Micro model	31/12/2022	01/05/2023	06/06/2023	Dutch	PDF
Micro model	31/12/2021	01/05/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	01/05/2021	10/09/2021	Dutch	PDF
Micro model	31/12/2019	01/05/2020	31/05/2020	Dutch	PDF
Micro model	31/12/2018	01/05/2019	24/05/2019	Dutch	PDF
Micro model	31/12/2017	01/05/2018	31/05/2018	Dutch	PDF
Micro model	31/12/2016	02/05/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/05/2016	31/05/2016	Dutch	PDF
Abridged model	31/12/2014	01/05/2015	27/08/2015	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Nicolas Blondeel

Director · since 01 novembre 2025

Active

Eline Claes

Director · since 13 novembre 2013

Active

Ended mandates

Thomas Andries

Director · since 24 mai 2016 · until 07 février 2023

Ended

THOMAS ANDRIES

Manager · since 24 mai 2016

Ended

De Schutter

Manager · since 31 octobre 2013 · 0829.536.971

Represented by KRIS DE SCHUTTER

Ended

Eline Claes

Manager · since 31 octobre 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other25/11/2013
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 202554,4 k €↓
2024
Annual accounts 202467,9 k €↑
2023
Annual accounts 202352,1 k €↑
2022
Annual accounts 2022-24,1 k €↓
2021
Annual accounts 2021-8,4 k €↓
2020
Annual accounts 2020-5,9 k €↓
2019
Annual accounts 201948,8 k €↑
2018
Annual accounts 201840 k €↓
2017
Annual accounts 201741 k €↑
2016
Annual accounts 201624 k €↓
2015
Annual accounts 201534,8 k €↑
2014
Annual accounts 201429,8 k €
13/11/2013
IncorporationPrivate limited company

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

NoRo

Overview

What does NoRo do?

Trend over 12 financial years

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