ACTIVE

Norelis

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Financial year 2025 · closed on 31/12/2025
Net result
398,6 k €
+1053.4% YoY
Gross margin
40,9 k €
-49.7% YoY
Equity
4,9 M €
+0.1% YoY

What does Norelis do?

Norelis is a Private limited company incorporated in 2012. Its main activity is: Activities of holding companies. Its registered office is in Harelbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0849.814.921
Incorporation
26/09/2012
Legal form
Private limited company
Registered office
Treurnietstraat 44
8531 Harelbeke · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin40,9 k €81,3 k €173,5 k €98,7 k €98,2 k €
EBITDA36,6 k €76,8 k €169,1 k €94,2 k €93,4 k €
Operating result2,4 k €42,6 k €134,8 k €60,1 k €60,9 k €
Net result398,6 k €34,6 k €590,7 k €833,1 k €29,3 k €
Balance sheet
Equity4,9 M €4,9 M €5,5 M €5,0 M €4,5 M €
Total assets5,7 M €5,8 M €5,9 M €5,6 M €5,4 M €
Cash314,7 k €52,0 k €493,3 k €174,8 k €191,6 k €
Debts707,9 k €828,1 k €349,1 k €626,9 k €962,5 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 · 2 active · 4 ended

Active mandates

Barbara Callewaert

Director · since 26 septembre 2012

Active
Guido Knockaert

Director · since 26 septembre 2012

Active

Ended mandates

Barbara Callewaert

Bestuurder · since 26 septembre 2012

Ended
Barbara Callewaert

Manager · since 26 septembre 2012

Ended
Guido Knockaert

Bestuurder · since 26 septembre 2012

Ended
Guido Knockaert

Manager · since 26 septembre 2012

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date24/06/202629/09/202512/07/202424/08/202330/08/202228/06/2021
General meeting18/06/202623/09/202520/06/202415/06/202316/06/202217/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202624/06/2026DutchPDF
Abridged model31/12/202423/09/202529/09/2025DutchPDF
Abridged model31/12/202320/06/202412/07/2024DutchPDF
Abridged model31/12/202215/06/202324/08/2023DutchPDF
Abridged model31/12/202116/06/202230/08/2022DutchPDF
Abridged model31/12/202017/06/202128/06/2021DutchPDF
Abridged model31/12/201918/06/202030/06/2020DutchPDF
Abridged model31/12/201820/06/201925/06/2019DutchPDF
Abridged model31/12/201721/06/201827/06/2018DutchPDF
Abridged model31/12/201615/06/201721/06/2017DutchPDF
Abridged model31/12/201516/06/201620/06/2016DutchPDF
Abridged model31/12/201418/06/201518/08/2015DutchPDF
Abridged model31/12/201319/06/201424/06/2014DutchPDF
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 · 4 ended

Active mandates

Barbara Callewaert

Director · since 26 septembre 2012

Active
Guido Knockaert

Director · since 26 septembre 2012

Active

Ended mandates

Barbara Callewaert

Bestuurder · since 26 septembre 2012

Ended
Barbara Callewaert

Manager · since 26 septembre 2012

Ended
Guido Knockaert

Bestuurder · since 26 septembre 2012

Ended
Guido Knockaert

Manager · since 26 septembre 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other31/10/2012
    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 2025398,6 k €↑
  2. 2024
    Annual accounts 202434,6 k €↓
  3. 2023
    Annual accounts 2023590,7 k €↓
  4. 2022
    Annual accounts 2022833,1 k €↑
  5. 2021
    Annual accounts 202129,3 k €
  6. 26/09/2012
    IncorporationPrivate limited company