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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NAROL from Knokke-Heist, company number BE0448042307, closed financial year 2025 with a result of € -18,521 after tax. For that financial year NAROL recorded a gross margin of € -3,551 and equity of € -49,969. Compared with financial year 2024, the result moved from € -50,032 to € -18,521. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ -49,969
▼ € 18,521 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,521
▲ 63 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,839
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -111,469.
People and assets in 2025
€ 869
▼ 91% 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.
€ 10,153
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,266
▼ 81% 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 | € 27,361 | € 29,279 | € -25,721 | € -3,551 | ▲ € 22,170 |
| Profit after taxes | € 9,427 | € 11,647 | € -50,032 | € -18,521 | ▲ € 31,511 |
| Equity | € -23,576 | € 18,584 | € -31,448 | € -49,969 | ▼ € 18,521 |
| Total debts | € 212,057 | € 279,463 | € 270,051 | € 130,312 | ▼ 52% |
| Cash | € 66,847 | € 31,424 | € 4,707 | € 4,839 | ▲ 3% |
| Retained profit | € -54,562 | € -42,916 | € -92,948 | € -111,469 | ▼ € 18,521 |
| Bank debt | € 25,207 | € 9,413 | € 0 | € 0 | |
| Balance sheet total | € 188,481 | € 298,047 | € 238,603 | € 80,343 | ▼ 66% |
Key figures of NAROL, 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 NAROL?
What happened at NAROL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick Demeestere stepped down as director. NBB
- Katrien Willem stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 18,521. Source: NBB ↗
- Patrick Demeestere became a director. NBB
- Katrien Willem became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,427 profit in 2022 to € 18,521 loss in 2025.
Paid € 3,285 in corporate taxes since 2022.
Best year ever: 2023, with € 11,647 profit.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Elizabetlaan 76
8300 Knokke-Heist
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.
Details
- Company number
- 0448.042.307
- VAT number
- BE 0448.042.307
- Registered office
- Elizabetlaan 76, 8300 Knokke-Heist
- Names & denominations
- NAROL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 August 1992
- Peppol
- Active · Active since 2 Apr 2026
- Activities · NACE
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