ACTIVE

NORMED BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result53,1 k €-84,5 %over 1 year

Gross margin516,8 k €-38,4 %over 1 year

Equity1,9 M €-4,8 %over 1 year

Workforce3,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

NORMED BELGIUM is a Private limited company incorporated in 2004. Its main activity is: Sea and coastal freight water transport. Its registered office is in Antwerpen. It employs on average 3,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0866.417.064
Incorporation: 16/07/2004
Legal form: Private limited company
Registered office: Keizerstraat 20-22 box 2
2000 Antwerpen · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 3,0 ETP

Activities (NACE)

50200Sea and coastal freight water transport· main 50200Sea and coastal freight water transport 52241Cargo handling 52241Cargo handling 61100Wired telecommunications activities 63111Data processing, hosting and related activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	516,8 k €	-38.4%	839,1 k €	+0.6%	834,2 k €	-14.1%	971,6 k €	+23.9%	784 k €
EBITDA	143,6 k €	-72.5%	522,2 k €	+18.2%	441,9 k €	-36.5%	695,9 k €	+24.0%	561 k €
Operating result	75,1 k €	-83.8%	464,5 k €	+20.2%	386,6 k €	-40.7%	651,6 k €	+24.7%	522,5 k €
Net result	53,1 k €	-84.5%	342,8 k €	+19.0%	288 k €	-38.9%	471,5 k €	+32.0%	357,2 k €
Balance sheet
Equity	1,9 M €	-4.8%	2 M €	+10.6%	1,8 M €	+18.9%	1,5 M €	+44.7%	1,1 M €
Total assets	2,9 M €	-1.6%	3 M €	+32.0%	2,3 M €	-1.9%	2,3 M €	-2.2%	2,4 M €
Cash	1,2 M €	+22.4%	1 M €	+39.3%	719,2 k €	+4.8%	685,9 k €	-27.2%	942,8 k €
Debts	459,8 k €	-51.9%	956,3 k €	+178%	344,1 k €	-54.7%	759,6 k €	-38.5%	1,2 M €
Other
Workforce	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+36.4%	2,2 ETP	+10.0%	2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

Director	Mandates in this company	Period
Jan Akavi	DirectorManager2019 accountsended
Omer Araz	DirectorManager2019 accountsended

Other companies at this address

Keizerstraat 20-22 2000 Antwerpen

Company	CBE no.
A.P.T.A.● Active	0414.962.139
BBC CHARTERING BELGIUM● Active	0848.111.877
COLI EUROPE● Active	0416.788.511
COLI SHIPPING EN TRANSPORT● Active	0424.885.833

Full financial information

Source · NBB

	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	08/04/2026	28/04/2025	18/06/2024	25/05/2023	16/05/2022	12/04/2021
General meeting	27/03/2026	24/04/2025	13/06/2024	18/05/2023	12/05/2022	26/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/03/2026	08/04/2026	Dutch	PDF
Abridged model	31/12/2024	24/04/2025	28/04/2025	Dutch	PDF
Abridged model	31/12/2023	13/06/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	18/05/2023	25/05/2023	Dutch	PDF
Abridged model	31/12/2021	12/05/2022	16/05/2022	Dutch	PDF
Abridged model	31/12/2020	26/03/2021	12/04/2021	Dutch	PDF
Abridged model	31/12/2019	27/04/2020	06/05/2020	Dutch	PDF
Abridged model	31/12/2018	24/04/2019	06/06/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	28/05/2018	Dutch	PDF
Abridged model	31/12/2016	17/03/2017	26/04/2017	Dutch	PDF
Abridged model	31/12/2015	30/03/2016	11/04/2016	Dutch	PDF
Abridged model	31/12/2014	25/03/2015	21/04/2015	Dutch	PDF
Abridged model	31/12/2013	26/03/2014	22/04/2014	Dutch	PDF
Abridged model	31/12/2012	02/05/2013	02/05/2013	Dutch	PDF
Abridged model	31/12/2011	03/05/2012	10/05/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/05/2010	18/05/2010	Dutch	PDF
Abridged model	31/12/2008	18/03/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	18/03/2008	28/03/2008	Dutch	PDF
Abridged model	31/12/2006	30/04/2007	21/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

Director	Mandates in this company	Period
Jan Akavi	DirectorManager2019 accountsended
Omer Araz	DirectorManager2019 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office23/12/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/10/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other27/07/2004
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

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Omer Araz

Jan Akavi

20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

NORMED BELGIUM

Keizerstraat 20-22 bte 2, 2000 Antwerp

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Keizerstraat 20-22 bte 2, 2000 AntwerpCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00074857
Zwartzustersstraat 30, 2000 Antwerp	accounts 2021	Accounts 2021 · 2022-20027137

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NORMED BELGIUMCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00074857

Events

2025
Annual accounts 202553,1 k €↓
2024
Annual accounts 2024342,8 k €↑
2023
Annual accounts 2023288 k €↓
2022
Annual accounts 2022471,5 k €↑
2021
Annual accounts 2021357,2 k €↑
2020
Annual accounts 202072,3 k €↓
2019
Annual accounts 2019111,1 k €↑
2018
Annual accounts 201883,8 k €↓
2017
Annual accounts 2017143,4 k €↑
2016
Annual accounts 201668,6 k €↑
2015
Annual accounts 201517,5 k €↑
2014
Annual accounts 2014-51,4 k €↓
2013
Annual accounts 2013174,1 k €↑
2012
Annual accounts 201218,1 k €↑
2011
Annual accounts 2011-63,7 k €↑
2010
Annual accounts 2010-152,1 k €↓
2009
Annual accounts 200929,9 k €↓
2008
Annual accounts 200832,6 k €↓
2007
Annual accounts 200798 k €↑
2006
Annual accounts 200632,5 k €
16/07/2004
IncorporationPrivate limited company

NORMED BELGIUM

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events