ACTIVE

NORRIQ Financial Services

Financial year 2025 · Closed on 31/12/2025

Net result434 k €-34,7 %over 1 year
Revenue12,5 M €+21,4 %over 1 year
Equity1,6 M €+36,5 %over 1 year
Workforce85,1 ETP+15,5 %over 1 year

Identity

Source · BCE/KBO

NORRIQ Financial Services is a Private limited company incorporated in 2023. Its main activity is: Computer programming activities. Its registered office is in Waregem. It employs on average 85,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0799.497.754
Incorporation
14/03/2023
Legal form
Private limited company
Registered office
Zuiderlaan 11 box 11
8790 Waregem · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
85,1 ETP
Joint committees (1)
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Revenue12,5 M €10,3 M €–
EBITDA750,3 k €1,1 M €807,1 k €
Operating result674,6 k €1 M €796,3 k €
Net result434 k €664,6 k €513,1 k €
Balance sheet
Equity1,6 M €1,2 M €523,1 k €
Total assets4,9 M €4,4 M €3,6 M €
Cash227,7 k €2 M €1,1 M €
Debts3,3 M €3,2 M €3,1 M €
Other
Workforce85,1 ETP73,7 ETP37,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Bo Martinsen

Director · since 01 mars 2023

Active

Ended mandates

DDEH

Persoon belast met dagelijks bestuur · since 04 mai 2023 · until 19 juin 2026 · 0736.366.293

Represented by Dries DEHAESE

Ended
TCP Invest

Persoon belast met dagelijks bestuur · since 04 mai 2023 · 0775.740.078

Represented by Philippe DESOMBERE

Ended

Other companies at this address

Zuiderlaan 11 8790 Waregem
CompanyCBE no.
MOND Waregem● Active
0779.535.847

Full financial information

Source · NBB
202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/03/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months10 months
Filing date17/07/202609/07/202505/07/2024
General meeting19/06/202620/06/202521/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202617/07/2026DutchPDF
Abridged model31/12/202420/06/202509/07/2025DutchPDF
Abridged model31/12/202321/06/202405/07/2024DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 ended

Active mandates

Bo Martinsen

Director · since 01 mars 2023

Active

Ended mandates

DDEH

Persoon belast met dagelijks bestuur · since 04 mai 2023 · until 19 juin 2026 · 0736.366.293

Represented by Dries DEHAESE

Ended
TCP Invest

Persoon belast met dagelijks bestuur · since 04 mai 2023 · 0775.740.078

Represented by Philippe DESOMBERE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring28/07/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates08/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring31/05/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other16/03/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025434 k €↓
  2. 2024
    Annual accounts 2024664,6 k €↑
  3. 2023
    Annual accounts 2023513,1 k €
  4. 14/03/2023
    IncorporationPrivate limited company