ACTIVE

NORMEC FOODCONTROL

Financial year 2024 · closed on 31/12/2024
Net result
284 k €
+4.3% YoY
Gross margin
4,3 M €
+10.3% YoY
Equity
3,5 M €
+8.3% YoY
Workforce
62,4 ETP
+15.1% YoY

What does NORMEC FOODCONTROL do?

NORMEC FOODCONTROL is a Public limited company incorporated in 2008. Its main activity is: Technical testing and analysis. Its registered office is in Wetteren. It employs on average 62,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0898.074.203
Incorporation
20/05/2008
Legal form
Public limited company
Registered office
Honderdweg 13
9230 Wetteren · FlandreSee on map
Contributed capital
1 500 000,00 €
Latest accounts
31/12/2024
Average workforce
62,4 ETP
Joint committees (5)
  • 118
  • 11819
  • 118190
  • 220
  • 220000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20242023202220212019201820182017201620142013201120102009
Income statement
Gross margin4,3 M €3,9 M €3,2 M €2,8 M €
EBITDA1,1 M €908,6 k €765,4 k €740,1 k €883,3 k €194,5 k €716,4 k €478,9 k €1,1 M €428,2 k €390,8 k €6,8 k €153,1 k €86,4 k €
Operating result375,5 k €244,7 k €164,5 k €178,2 k €636,9 k €70,8 k €457,1 k €289,5 k €720,9 k €186,4 k €-65,5 k €-323,2 k €-48,1 k €-236,9 k €
Net result284 k €272,3 k €96,3 k €157,2 k €470,1 k €19,9 k €327,6 k €235,9 k €650,8 k €139,8 k €-173,4 k €-380,3 k €-33 k €-205,1 k €
Balance sheet
Equity3,5 M €3,2 M €3 M €2,9 M €2,3 M €2,1 M €2,1 M €1,9 M €1,7 M €1,1 M €976,7 k €1,1 M €1,5 M €1,6 M €
Total assets5,2 M €5,2 M €5,3 M €5,3 M €4,9 M €4,5 M €4,4 M €4,1 M €4 M €3,7 M €3,6 M €4 M €4,5 M €1,7 M €
Cash193,4 k €580,2 k €583,1 k €511,3 k €799,6 k €1,3 M €874,8 k €943,3 k €965,9 k €502,7 k €285,2 k €504,5 k €803,4 k €765,7 k €
Debts1,6 M €2 M €2,3 M €2,4 M €2,5 M €2,4 M €2,4 M €2,2 M €2,4 M €2,6 M €2,6 M €2,9 M €3 M €154,5 k €
Other
Workforce62,4 ETP54,2 ETP51,0 ETP46,0 ETP32,4 ETP28,9 ETP27,1 ETP22,3 ETP19,8 ETP19,1 ETP14,4 ETP11,6 ETP9,0 ETP7,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 34 ended

Active mandates

Rozemarijn Joan Sorgdrager

Director · since 27 juin 2024 · until 27 juin 2030

Active
Joep Bruins

Director · since 01 juin 2024 · until 01 juin 2030

Active
Britt Denise Schuurs

Director · since 01 décembre 2022 · until 01 décembre 2028

Active
Stefan Coghe

Director · since 01 décembre 2022 · until 01 décembre 2028

Active

Ended mandates

Rozemarijn Sorgdrager

Director · since 27 juin 2024 · until 27 juin 2030

Ended
Arno Rengers

Director · since 01 décembre 2022 · until 27 juin 2024

Ended
Arno Rengers

Director · since 01 décembre 2022 · until 01 décembre 2028

Ended
Nicholas Van Landuyt

Director · since 01 décembre 2022 · until 27 juin 2024

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202516/10/202413/11/202326/10/202224/12/202131/10/2020
General meeting30/06/202530/08/202406/11/202317/10/202230/06/202131/08/2020
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202528/08/2025DutchPDF
Abridged modelCorrection31/12/202330/08/202416/10/2024DutchPDF
Abridged model31/12/202330/08/202430/08/2024DutchPDF
Abridged model31/12/202206/11/202313/11/2023DutchPDF
Abridged modelCorrection31/12/202117/10/202207/11/2022DutchPDF
Abridged model31/12/202117/10/202226/10/2022DutchPDF
Abridged modelCorrection31/12/202030/06/202124/12/2021DutchPDF
Abridged model31/12/202030/06/202131/08/2021DutchPDF
Full model31/12/201931/08/202031/10/2020DutchPDF
Full model31/12/201801/06/201930/08/2019DutchPDF
Full model30/06/201801/12/201827/02/2019DutchPDF
Full model30/06/201702/12/201731/01/2018DutchPDF
Full model30/06/201603/12/201617/02/2017DutchPDF
Full model30/09/201414/03/201524/04/2015DutchPDF
Full model30/09/201308/03/201430/04/2014DutchPDF
Full model31/12/201102/06/201206/07/2012DutchPDF
Full model31/12/201004/06/201106/07/2011DutchPDF
Full model31/12/200905/06/201029/07/2010DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 34 ended

Active mandates

Rozemarijn Joan Sorgdrager

Director · since 27 juin 2024 · until 27 juin 2030

Active
Joep Bruins

Director · since 01 juin 2024 · until 01 juin 2030

Active
Britt Denise Schuurs

Director · since 01 décembre 2022 · until 01 décembre 2028

Active
Stefan Coghe

Director · since 01 décembre 2022 · until 01 décembre 2028

Active

Ended mandates

Rozemarijn Sorgdrager

Director · since 27 juin 2024 · until 27 juin 2030

Ended
Arno Rengers

Director · since 01 décembre 2022 · until 27 juin 2024

Ended
Arno Rengers

Director · since 01 décembre 2022 · until 01 décembre 2028

Ended
Nicholas Van Landuyt

Director · since 01 décembre 2022 · until 27 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/09/2026
    Ontslag - Benoeming Bestuurder - Volmacht
    PDF
  • Mandates07/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/04/2023
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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. 2024
    Annual accounts 2024284 k €
  2. 2023
    Annual accounts 2023272,3 k €
  3. 2022
    Annual accounts 202296,3 k €
  4. 2021
    Annual accounts 2021157,2 k €
  5. 2019
    Annual accounts 2019470,1 k €
  6. 2018
    Annual accounts 201819,9 k €
  7. 2018
    Annual accounts 2018327,6 k €
  8. 2017
    Annual accounts 2017235,9 k €
  9. 2016
    Annual accounts 2016650,8 k €
  10. 2014
    Annual accounts 2014139,8 k €
  11. 2013
    Annual accounts 2013-173,4 k €
  12. 2011
    Annual accounts 2011-380,3 k €
  13. 2010
    Annual accounts 2010-33 k €
  14. 2009
    Annual accounts 2009-205,1 k €
  15. 20/05/2008
    IncorporationPublic limited company