Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Norro from Dendermonde, company number BE0431169453, closed financial year 2025 with a result of € 4,203 after tax. For that financial year Norro recorded a gross margin of € 56,639 and equity of € 59,866. Compared with financial year 2024, the result moved from € 6,677 to € 4,203. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 59,866
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,203
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 7,926
▲ 71% 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 € -5,134.
Debts at end 2025
€ 349,992
▼ 8% vs 2024
€ 32,853 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 888
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,764
▲ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,883 | € 12,467 | € 64,470 | € 56,639 | ▼ 12% |
| Profit after taxes | € -58,757 | € -39,958 | € 6,677 | € 4,203 | ▼ 37% |
| Equity | € 48,986 | € 48,986 | € 55,663 | € 59,866 | ▲ 8% |
| Total debts | € 946,489 | € 1,016,046 | € 1,110,918 | € 1,129,495 | ▲ 2% |
| Cash | € 3,109 | € 2,979 | € 4,638 | € 7,926 | ▲ 71% |
| Land & buildings | € 979,756 | € 993,137 | € 990,362 | € 967,110 | ▼ 2% |
| Retained profit | € -16,014 | € -16,014 | € -9,337 | € -5,134 | ▲ € 4,203 |
| Bank debt | € 445,826 | € 414,200 | € 382,256 | € 349,992 | ▼ 8% |
| Balance sheet total | € 995,476 | € 1,065,033 | € 1,166,581 | € 1,189,361 | ▲ 2% |
Key figures of Norro, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Norro?
What happened at Norro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,203 (▼ 37% vs 2024). Source: NBB ↗
- Anneke Aerts became a director. NBB
- Frédéric Norro became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,757 loss in 2022 to € 4,203 profit in 2025.
Best year ever: 2024, with € 6,677 profit.
Management
Behind Norro are Anneke Aerts and Frédéric Norro. The same people are also behind Teleweb.
Establishments
Establishment units
Physical locations of this company
Brusselsestraat (DEN) 2 box 1
9200 Dendermonde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.169.453
- VAT number
- BE 0431.169.453
- Registered office
- Brusselsestraat (DEN) 2 bus 1, 9200 Dendermonde
- Names & denominations
- Norro
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 May 1987
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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