ACTIVE

NORO DESIGN

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Financial year 2025 · closed on 31/12/2025
Net result
41,1 k €
+35.2% YoY
Gross margin
104 k €
+35.5% YoY
Equity
347,9 k €
+13.4% YoY

What does NORO DESIGN do?

NORO DESIGN is a Private limited company incorporated in 2016. Its main activity is: Joinery installation. Its registered office is in Tielt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0646.898.146
Incorporation
22/01/2016
Legal form
Private limited company
Registered office
Hondekerkhofstraat 4
8760 Tielt · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
43320Joinery installation· main43320Joinery installation43310Plastering43310Plastering43333Floor and wall covering43333Floor and wall covering+2
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212019201820172016
Income statement
Gross margin104 k €76,7 k €66,9 k €47,9 k €68,9 k €61,1 k €53,9 k €45,9 k €51,9 k €
EBITDA103,4 k €76,1 k €66,2 k €43,5 k €65,5 k €57,6 k €50,4 k €41,6 k €47,5 k €
Operating result56,4 k €42,8 k €34,5 k €22,4 k €48 k €52 k €47,6 k €38,8 k €46,3 k €
Net result41,1 k €30,4 k €22,3 k €15,7 k €34,7 k €39,5 k €34,8 k €24,9 k €30,3 k €
Balance sheet
Equity347,9 k €306,8 k €276,4 k €254 k €238,3 k €148,9 k €109,4 k €75,2 k €50,3 k €
Total assets400,6 k €363,3 k €336,5 k €326 k €262,8 k €182,7 k €133 k €110 k €81,7 k €
Cash92,9 k €163,2 k €138,9 k €100,5 k €84,4 k €48,3 k €49,8 k €59,3 k €24,9 k €
Debts50,6 k €53,7 k €57,7 k €71,5 k €22,6 k €32,1 k €22 k €33,2 k €29,8 k €
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 · 1 active · 3 ended

Active mandates

Ronny Noppe

Mandate

Active

Ended mandates

Ronny Noppe

Director · since 22 janvier 2016

Ended
Ronny Noppe

Administrator - manager

Ended
Ronny Noppe

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202629/06/202523/07/202420/07/202301/07/202223/04/2021
General meeting25/06/202626/06/202527/06/202429/06/202330/06/202222/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/06/202629/06/2026DutchPDF
Micro model31/12/202426/06/202529/06/2025DutchPDF
Micro model31/12/202327/06/202423/07/2024DutchPDF
Micro model31/12/202229/06/202320/07/2023DutchPDF
Micro model31/12/202130/06/202201/07/2022DutchPDF
Micro model31/12/202022/04/202123/04/2021DutchPDF
Micro model31/12/201925/06/202029/06/2020DutchPDF
Micro model31/12/201827/06/201902/07/2019DutchPDF
Micro model31/12/201728/06/201829/06/2018DutchPDF
Micro model31/12/201631/03/201704/04/2017DutchPDF
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 · 1 active · 3 ended

Active mandates

Ronny Noppe

Mandate

Active

Ended mandates

Ronny Noppe

Director · since 22 janvier 2016

Ended
Ronny Noppe

Administrator - manager

Ended
Ronny Noppe

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/01/2016
    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

Timeline

  1. 2025
    Annual accounts 202541,1 k €↑
  2. 2024
    Annual accounts 202430,4 k €↑
  3. 2023
    Annual accounts 202322,3 k €↑
  4. 2022
    Annual accounts 202215,7 k €↓
  5. 2021
    Annual accounts 202134,7 k €↓
  6. 2019
    Annual accounts 201939,5 k €↑
  7. 2018
    Annual accounts 201834,8 k €↑
  8. 2017
    Annual accounts 201724,9 k €↓
  9. 2016
    Annual accounts 201630,3 k €
  10. 22/01/2016
    IncorporationPrivate limited company