Financials
Financial year 2025
Norta from Olen, company number BE0404206522, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year Norta recorded revenue of € 22.9 million and equity of € 20 million. Compared with financial year 2024, the result moved from € 2.1 million to € 2.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 20 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 6.8 million
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 19.9 million.
People and assets in 2025
16.9
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 857,127
▲ 7% vs 2024
€ 50,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 127,968
▲ € 107,996 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 478,549
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 9 days on average.
€ 301,487
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,094,562 | € 18,464,892 | € 20,323,886 | € 22,894,838 | ▲ 13% |
| Profit after taxes | € 3,347,170 | € 1,729,345 | € 2,067,831 | € 2,207,970 | ▲ 7% |
| Equity | € 14,746,289 | € 15,712,749 | € 17,780,581 | € 19,988,551 | ▲ 12% |
| Total debts | € 3,071,227 | € 4,885,160 | € 4,192,014 | € 790,806 | ▼ 81% |
| Cash | € 2,079,957 | € 1,779,395 | € 4,652,101 | € 6,793,013 | ▲ 46% |
| Land & buildings | € 634,789 | € 692,502 | € 719,901 | € 634,911 | ▼ 12% |
| Retained profit | € 14,684,717 | € 15,651,178 | € 17,719,009 | € 19,926,979 | ▲ 12% |
| Dividend | € 1,372,327 | € 762,884 | € 0 | € 0 | |
| Balance sheet total | € 17,869,502 | € 20,649,740 | € 21,972,750 | € 20,779,357 | ▼ 5% |
| Employees (FTE) | 16.7 | 17.2 | 15.7 | 16.9 | ▲ 1.2 |
Key figures of Norta, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Norta?
What happened at Norta in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.2 million (▲ 7% vs 2024). Source: NBB ↗
- Eddy Van Hemelen became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Olen. KBO
In short
From € 3.3 million profit in 2022 to € 2.2 million profit in 2025.
Paid € 3.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.3 million profit.
Paid out € 2.1 million in dividends to the owners in total.
Management
Behind Norta is Eddy Van Hemelen. Eddy Van Hemelen is also behind TOP CYCLES OLEN.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Stadsestraat 39
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.206.522
- VAT number
- BE 0404.206.522
- Registered office
- Stadsestraat 39, 2250 Olen
- Names & denominations
- Norta
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
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