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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
NORMALAB BELGIUM from Namur, company number BE0462397812, closed financial year 2026 with a result of € -128,957 after tax. For that financial year NORMALAB BELGIUM recorded a gross margin of € 525,485 and equity of € 126,875. Compared with financial year 2025, the result moved from € -107,222 to € -128,957. The company made a loss. The buffer shrank hard: equity is 50 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 126,875
▼ 50% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -128,957
▼ 20 % more loss than in 2025
Profit after tax over the fiscal year.
€ 8,602
▼ 78% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2026
8.8
▼ 1.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 528,445
▲ 2% vs 2025
€ 60,100 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.
€ 24,236
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 601,119
Loans from banks and other lenders, long and short.
€ 302,135
▼ 22% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 53,366
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 414,161 | € 437,148 | € 513,941 | € 525,485 | ▲ 2% |
| Profit after taxes | € -171,873 | € -207,006 | € -107,222 | € -128,957 | ▼ € 21,735 |
| Equity | € 570,060 | € 363,054 | € 255,832 | € 126,875 | ▼ 50% |
| Total debts | € 826,185 | € 928,329 | € 1,043,686 | € 1,108,032 | ▲ 6% |
| Cash | € 24,811 | € 11,131 | € 38,487 | € 8,602 | ▼ 78% |
| Retained profit | € -779,940 | € -986,946 | € -1,094,168 | € -1,223,125 | ▼ € 128,957 |
| Bank debt | € 561,240 | € 562,297 | € 601,976 | € 601,119 | |
| Balance sheet total | € 1,396,245 | € 1,291,383 | € 1,299,518 | € 1,234,907 | ▼ 5% |
| Employees (FTE) | 9.2 | 9.2 | 9.9 | 8.8 | ▼ 1.1 |
Key figures of NORMALAB BELGIUM, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to NORMALAB BELGIUM?
What happened at NORMALAB BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 128,957. Source: NBB ↗
- Armelle FONTAINE became a director. NBB
- Benoît ECREPONT became a director. NBB
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 171,873 loss in 2023 to € 128,957 loss in 2026.
On average € 59,700 of value added per employee in 2026.
Management
Behind NORMALAB BELGIUM are Armelle FONTAINE and Benoît ECREPONT.
Directors
According to the 2026 annual accounts
Armelle FONTAINE
Director
since 2014
Benoît ECREPONT
Chairman of the board
since 2014
Establishments
Establishment units
Physical locations of this company
Rue des Pieds d'Alouette(NN) 28
5100 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
Certifications & Partners
Hosting & Email
Email provider
Outlook.com (free)
Hosting
OVH, FR
Domain
Domain
normalab.com
Registered
2006-07-06
Registrar
ORANGE
Expires
2026-07-06
Website info
Features
Security
Network
Details
- Company number
- 0462.397.812
- VAT number
- BE 0462.397.812
- Registered office
- Rue des Pieds d'Alouette(NN) 28, 5100 Namur
- Names & denominations
- NORMALAB BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 1998
- Peppol
- Active · Active since 1 Oct 2025
- Contact
- normalab.com
- Activities · NACE
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