Financials
Financial year 2025
NORANNE from Kuurne, company number BE0446969664, closed financial year 2025 with a result of € 257,725 after tax. For that financial year NORANNE recorded a gross margin of € 555,047 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 258,277 to € 257,725. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 1.4 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 257,725
Profit after tax over the fiscal year.
€ 170,741
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 339,485 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 57,189
▼ 2% vs 2024
€ 57,200 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.
€ 5,911
▲ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,131
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 12,200
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 106,476
▲ 124% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 573,126 | € 440,551 | € 512,051 | € 555,047 | ▲ 8% |
| Profit after taxes | € 323,454 | € 231,001 | € 258,277 | € 257,725 | |
| Equity | € 1,007,455 | € 1,229,206 | € 1,485,883 | € 1,404,123 | ▼ 6% |
| Total debts | € 58,494 | € 232,891 | € 147,384 | € 271,009 | ▲ 84% |
| Cash | € 88,213 | € 207,579 | € 140,352 | € 170,741 | ▲ 22% |
| Land & buildings | € 866,701 | € 1,121,101 | € 1,161,811 | € 1,451,848 | ▲ 25% |
| Retained profit | € 778,055 | € 999,806 | € 1,256,483 | € 1,174,723 | ▼ 7% |
| Dividend | € 800 | € 9,250 | € 1,600 | € 339,485 | ▲ € 337,885 |
| Bank debt | € 0 | € 125,246 | € 25,839 | € 25,131 | ▼ 3% |
| Balance sheet total | € 1,089,907 | € 1,485,156 | € 1,655,426 | € 1,696,391 | ▲ 2% |
| Employees (FTE) | - | - | 1.1 | 1 | ▼ 0.1 |
Key figures of NORANNE, 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 NORANNE?
What happened at NORANNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 257,725. filed late Source: NBB ↗
- Annelore De Vriese became a director. NBB
- Norman Velghe became a director. NBB
- Joris Velghe became a director. NBB
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 323,454 profit in 2022 to € 257,725 profit in 2025.
Paid € 479,949 in corporate taxes since 2022.
Best year ever: 2022, with € 323,454 profit.
On average € 555,000 of value added per employee in 2025.
Management
Behind NORANNE are Joris Velghe, Annelore De Vriese and Norman Velghe. Joris Velghe is also behind JORIKO INVEST.
Directors
According to the 2025 annual accounts
since 1997
Annelore De Vriese
Managing director
since 2023
Norman Velghe
Managing director
since 2019
Establishments
Establishment units
Physical locations of this company
Gasthuisstraat 1
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
KINAMO-BACKBONE, BE
DNS
Cloudflare DNS
Domain
Domain
vastgoednorman.be
Registered
2019-03-12
Website info
Features
Security
Details
- Company number
- 0446.969.664
- VAT number
- BE 0446.969.664
- Registered office
- Gasthuisstraat 1, 8520 Kuurne
- Names & denominations
- NORANNE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 1992
- Peppol
- Active · Active since 6 Mar 2023
- Contact
- vastgoednorman.be
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen