ACTIVE

NORMBEL

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Financial year 2025 · closed on 31/12/2025

Net result

178,5 k €

-8.3% YoY

Gross margin

338,3 k €

-7.7% YoY

Equity

661,3 k €

+17.7% YoY

Workforce

1,6 ETP

0.0% YoY

What does NORMBEL do?

NORMBEL is a Private limited company incorporated in 2009. Its main activity is: Wholesale trade of motor vehicle parts and accessories. Its registered office is in Eghezée. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.553.207

Incorporation

15/09/2009

Legal form

Private limited company

Registered office

Chaussée de Namur,Leuze 322
5310 Eghezée · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

1,6 ETP

Activities (NACE)

45310Wholesale trade of motor vehicle parts and accessories· main 46720Wholesale of metals and metal ores

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 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	338,3 k €	-7.7%	366,4 k €	+56.5%	234,1 k €	+27.3%	183,9 k €	-8.8%	201,8 k €	+6.0%	190,4 k €	+17.2%	162,4 k €	+8.9%	149,1 k €	+11.0%	134,4 k €	+7.2%	125,4 k €	-15.7%	148,8 k €	+42.9%	104,1 k €	-14.2%	121,3 k €	+42.6%	85,1 k €	-14.7%	99,8 k €	-18.0%	121,6 k €
EBITDA	262,7 k €	-9.9%	291,7 k €	+48.7%	196,2 k €	+28.1%	153,1 k €	-11.6%	173,3 k €	+5.3%	164,6 k €	+24.3%	132,4 k €	+11.1%	119,2 k €	+5.6%	112,9 k €	+4.6%	107,9 k €	-24.9%	143,8 k €	+41.8%	101,4 k €	-13.5%	117,2 k €	+43.4%	81,7 k €	-15.4%	96,6 k €	-16.9%	116,2 k €
Operating result	257,1 k €	-10.2%	286,3 k €	+51.1%	189,5 k €	+26.3%	150,1 k €	-11.3%	169,2 k €	+11.6%	151,6 k €	+40.1%	108,2 k €	+11.4%	97,1 k €	-7.7%	105,1 k €	+8.8%	96,6 k €	-28.8%	135,7 k €	+45.6%	93,2 k €	-16.4%	111,6 k €	+44.6%	77,2 k €	-19.7%	96,1 k €	-17.2%	116,1 k €
Net result	178,5 k €	-8.3%	194,6 k €	+33.6%	145,7 k €	+48.9%	97,8 k €	-22.2%	125,7 k €	+11.2%	113 k €	+24.0%	91,1 k €	+36.2%	66,9 k €	-8.3%	73 k €	+14.4%	63,8 k €	-32.9%	95 k €	+39.5%	68,1 k €	+10.4%	61,7 k €	+11.7%	55,2 k €	+2.3%	54 k €	-53.4%	115,8 k €
Balance sheet
Equity	661,3 k €	+17.7%	562,1 k €	+25.8%	446,7 k €	+17.5%	380,3 k €	+7.2%	354,8 k €	+18.5%	299,3 k €	+30.2%	229,9 k €	+3.2%	222,7 k €	+9.0%	204,4 k €	+13.5%	180,1 k €	+5.6%	170,5 k €	+38.6%	123,1 k €	+7.0%	115 k €	-2.8%	118,3 k €	-7.7%	128,1 k €	+29.2%	99,2 k €
Total assets	841,3 k €	+18.9%	707,3 k €	+28.5%	550,4 k €	+2.3%	538,2 k €	+9.7%	490,5 k €	+9.8%	446,5 k €	+17.4%	380,4 k €	+8.9%	349,3 k €	+3.4%	337,6 k €	+9.0%	309,6 k €	-7.0%	332,9 k €	+29.9%	256,3 k €	-5.5%	271,3 k €	+6.7%	254,2 k €	-9.6%	281,2 k €	+30.7%	215,2 k €
Cash	438,1 k €	+38.5%	316,3 k €	+32.9%	238,1 k €	+23.8%	192,4 k €	-25.6%	258,6 k €	+28.7%	200,8 k €	+76.5%	113,8 k €	-5.3%	120,2 k €	+59.9%	75,1 k €	-7.8%	81,5 k €	+7.6%	75,7 k €	-40.1%	126,4 k €	-5.3%	133,5 k €	-15.0%	157,1 k €	-17.0%	189,2 k €	+37.0%	138 k €
Debts	179,9 k €	+23.9%	145,2 k €	+40.1%	103,7 k €	-34.3%	157,8 k €	+16.4%	135,6 k €	-7.8%	147,2 k €	-2.2%	150,5 k €	+19.0%	126,5 k €	-5.0%	133,2 k €	+2.8%	129,6 k €	-20.2%	162,4 k €	+21.9%	133,3 k €	-14.8%	156,4 k €	+15.0%	135,9 k €	-11.2%	153,1 k €	+32.0%	116 k €
Other
Workforce	1,6 ETP	0.0%	1,6 ETP		–		0,6 ETP	-40.0%	1,0 ETP		–		0,6 ETP		–		0,6 ETP	0.0%	0,6 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Rodolphe NUGUET

Manager

Active

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	28/07/2026	31/07/2025	26/07/2024	28/07/2023	25/07/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	29/06/2023	30/06/2022	30/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	26/07/2024	French	PDF
Abridged model	31/12/2022	29/06/2023	28/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	25/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	31/07/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	24/07/2019	French	PDF
Abridged model	31/12/2017	02/06/2018	10/09/2018	French	PDF
Abridged model	31/12/2016	03/06/2017	27/07/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	03/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	02/06/2012	02/08/2012	French	PDF
Abridged model	31/12/2010	04/06/2011	31/08/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

Active mandates

Rodolphe NUGUET

Manager

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office21/01/2016
SIEGE SOCIAL
PDF
Mandates25/06/2014
DEMISSIONS, NOMINATIONS
PDF
Registered office04/02/2011
SIEGE SOCIAL
PDF
Mandates12/11/2009
DEMISSIONS, NOMINATIONS
PDF
Other17/09/2009
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025178,5 k €↓
2024
Annual accounts 2024194,6 k €↑
2023
Annual accounts 2023145,7 k €↑
2022
Annual accounts 202297,8 k €↓
2021
Annual accounts 2021125,7 k €↑
2020
Annual accounts 2020113 k €↑
2019
Annual accounts 201991,1 k €↑
2018
Annual accounts 201866,9 k €↓
2017
Annual accounts 201773 k €↑
2016
Annual accounts 201663,8 k €↓
2015
Annual accounts 201595 k €↑
2014
Annual accounts 201468,1 k €↑
2013
Annual accounts 201361,7 k €↑
2012
Annual accounts 201255,2 k €↑
2011
Annual accounts 201154 k €↓
2010
Annual accounts 2010115,8 k €
15/09/2009
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

NORMBEL

Overview

What does NORMBEL do?

Trend over 16 financial years

Indicative valuation

Board of directors

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