ACTIVE

NORADIN

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Financial year 2024 · closed on 31/12/2024

Net result

399,8 k €

+15.6% YoY

Gross margin

929,9 k €

+17.0% YoY

Equity

1,4 M €

+39.3% YoY

Workforce

6,0 ETP

+3.4% YoY

What does NORADIN do?

NORADIN is a Private limited company incorporated in 2004. Its main activity is: Wholesale of fruit and vegetables. Its registered office is in Bruxelles. It employs on average 6,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0869.973.796

Incorporation

15/11/2004

Legal form

Private limited company

Registered office

Quai des Usines 22 box 133
1000 Bruxelles · BruxellesSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2024

Average workforce

6,0 ETP

Activities (NACE)

46319Wholesale of fruit and vegetables· main 46319Wholesale of fruit and vegetables 51310Air transport 46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds 46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds 46391Non-specialised wholesale of food, beverages and tobacco+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	929,9 k €	+17.0%	795,1 k €	+53.1%	519,4 k €	-5.9%	552 k €	+49.8%	368,5 k €	+18.6%	310,6 k €	-8.3%	338,7 k €	+4.6%	323,7 k €	-3.5%	335,3 k €	+18.8%	282,2 k €	+2.7%	274,8 k €	-1.5%	279,1 k €	+29.7%	215,3 k €	-5.7%	228,3 k €	-20.2%	286 k €	-10.9%	321 k €	+47.4%	217,8 k €	+18.7%	183,5 k €	+10.8%	165,6 k €
EBITDA	648,3 k €	+21.5%	533,6 k €	+74.6%	305,6 k €	-14.6%	357,8 k €	+106%	173,8 k €	+127%	76,4 k €	-32.6%	113,5 k €	+52.0%	74,7 k €	+0.8%	74 k €	+90.9%	38,8 k €	-24.9%	51,6 k €	-29.7%	73,4 k €	+17.4%	62,5 k €	-27.3%	86 k €	-50.2%	172,6 k €	-32.1%	254,1 k €	+91.5%	132,7 k €	+13.3%	117,1 k €	-5.4%	123,9 k €
Operating result	581,8 k €	+15.7%	502,7 k €	+119%	229,6 k €	-24.8%	305,1 k €	+122%	137,6 k €	+106%	66,7 k €	-5.6%	70,7 k €	+601%	-14,1 k €	-182%	17,2 k €	+149%	6,9 k €	-41.1%	11,7 k €	-68.3%	37,1 k €	-8.5%	40,6 k €	-44.9%	73,5 k €	-47.9%	141,3 k €	-26.9%	193,3 k €	+201%	64,3 k €	+64.2%	39,1 k €	-45.5%	71,9 k €
Net result	399,8 k €	+15.6%	345,8 k €	+112%	163,1 k €	-22.2%	209,6 k €	+92.2%	109 k €	+99.5%	54,7 k €	-8.0%	59,4 k €	+771%	-8,9 k €	-195%	9,3 k €	+3.4%	9 k €	-37.1%	14,3 k €	-45.0%	26 k €	-4.4%	27,2 k €	-33.3%	40,8 k €	-63.5%	111,6 k €	-18.5%	136,9 k €	+178%	49,3 k €	+81.6%	27,1 k €	-44.9%	49,2 k €
Balance sheet
Equity	1,4 M €	+39.3%	1 M €	+51.6%	670,5 k €	+32.1%	507,5 k €	+70.4%	297,8 k €	+57.8%	188,8 k €	+40.7%	134,1 k €	+79.6%	74,7 k €	-10.6%	83,6 k €	+12.5%	74,3 k €	+13.8%	65,3 k €	+28.0%	51 k €	+104%	25 k €	-71.9%	88,8 k €	+84.9%	48 k €	-87.2%	376,4 k €	+57.2%	239,5 k €	+25.9%	190,2 k €	+16.6%	163,1 k €
Total assets	2,5 M €	+32.9%	1,8 M €	+11.6%	1,7 M €	+59.0%	1 M €	+16.9%	890,5 k €	+31.5%	677,1 k €	+12.2%	603,3 k €	-9.9%	669,3 k €	+10.6%	605 k €	-7.0%	650,6 k €	+16.0%	560,9 k €	+23.8%	453,1 k €	-8.8%	497,1 k €	+17.4%	423,6 k €	-26.5%	575,9 k €	-27.2%	791,2 k €	+33.4%	593 k €	+25.5%	472,3 k €	-19.0%	583,2 k €
Cash	1,1 M €	+727%	130,7 k €	-19.2%	161,7 k €	+111%	76,6 k €	+26.2%	60,6 k €	+374%	12,8 k €	-78.6%	59,7 k €	+587%	8,7 k €	-42.2%	15 k €	-78.1%	68,7 k €	-17.2%	83 k €	+73.2%	47,9 k €	-62.1%	126,3 k €	+220%	39,4 k €	-84.8%	258,9 k €	-49.0%	507,6 k €	+174%	185,3 k €	+6.7%	173,6 k €	-24.5%	229,8 k €
Debts	1 M €	+25.1%	830,6 k €	-15.6%	984,2 k €	+84.6%	533,3 k €	-9.9%	592 k €	+21.3%	488,3 k €	+4.1%	469,1 k €	-21.1%	594,6 k €	+14.0%	521,4 k €	-9.5%	576,3 k €	+16.3%	495,6 k €	+23.2%	402,1 k €	-14.8%	472,1 k €	+41.0%	334,8 k €	-36.6%	527,9 k €	+27.3%	414,8 k €	+19.1%	348,2 k €	+23.4%	282,1 k €	-32.9%	420,1 k €
Other
Workforce	6,0 ETP	+3.4%	5,8 ETP	+26.1%	4,6 ETP		–		–		–		–		–		–		8,6 ETP	+6.2%	8,1 ETP	+5.2%	7,7 ETP	+13.2%	6,8 ETP	+33.3%	5,1 ETP	+41.7%	3,6 ETP	+44.0%	2,5 ETP	-28.6%	3,5 ETP	+40.0%	2,5 ETP	+78.6%	1,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

NORADIN AHBEDDOU

Mandate

Active

Ended mandates

NORADON AHBEDDOU

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
CAR TRUCK MARKET● Active	0466.801.711
CLEM-INTER● Active	0426.342.318
EXCELLENT FRUIT● Active	0539.829.546
GREEN MIX● Active	0797.580.817
J & D DELICATESSEN● Active	0472.007.641
MABRU● Active	0446.940.267
MARY V● Bankrupt	0454.780.045

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/07/2025	29/08/2024	22/10/2023	14/10/2022	15/06/2021	27/09/2020
General meeting	09/06/2025	10/06/2024	29/09/2023	09/10/2022	14/06/2021	08/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	09/06/2025	11/07/2025	French	PDF
Abridged model	31/12/2023	10/06/2024	29/08/2024	French	PDF
Abridged model	31/12/2022	29/09/2023	22/10/2023	French	PDF
Micro model	31/12/2021	09/10/2022	14/10/2022	French	PDF
Micro model	31/12/2020	14/06/2021	15/06/2021	French	PDF
Micro model	31/12/2019	08/06/2020	27/09/2020	French	PDF
Micro model	31/12/2018	10/06/2019	29/06/2019	French	PDF
Micro model	31/12/2017	11/06/2018	28/08/2018	French	PDF
Micro model	31/12/2016	12/06/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	14/06/2016	French	PDF
Abridged model	31/12/2014	08/06/2015	09/06/2015	French	PDF
Abridged model	31/12/2013	29/09/2014	07/11/2014	French	PDF
Abridged model	31/12/2012	05/07/2013	06/07/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	24/06/2012	French	PDF
Abridged model	31/12/2010	29/10/2011	30/10/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	26/10/2010	French	PDF
Abridged model	31/12/2008	08/06/2009	29/09/2009	French	PDF
Abridged model	31/12/2007	09/06/2008	13/06/2008	French	PDF
Abridged model	31/12/2006	30/10/2007	31/10/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

NORADIN AHBEDDOU

Mandate

Active

Ended mandates

NORADON AHBEDDOU

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/05/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates03/04/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2010
DEMISSIONS, NOMINATIONS
PDF
Other25/11/2004
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

2024
Annual accounts 2024399,8 k €↑
2023
Annual accounts 2023345,8 k €↑
2022
Annual accounts 2022163,1 k €↓
2021
Annual accounts 2021209,6 k €↑
2020
Annual accounts 2020109 k €↑
2019
Annual accounts 201954,7 k €↓
2018
Annual accounts 201859,4 k €↑
2017
Annual accounts 2017-8,9 k €↓
2016
Annual accounts 20169,3 k €↑
2015
Annual accounts 20159 k €↓
2014
Annual accounts 201414,3 k €↓
2013
Annual accounts 201326 k €↓
2012
Annual accounts 201227,2 k €↓
2011
Annual accounts 201140,8 k €↓
2010
Annual accounts 2010111,6 k €↓
2009
Annual accounts 2009136,9 k €↑
2008
Annual accounts 200849,3 k €↑
2007
Annual accounts 200727,1 k €↓
2006
Annual accounts 200649,2 k €
15/11/2004
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

NORADIN

Overview

What does NORADIN do?

Trend over 19 financial years

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