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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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NORRIQ Belgium from Lummen, company number BE0463318421, closed financial year 2025 with a result of € -944,296 after tax. For that financial year NORRIQ Belgium recorded revenue of € 15.5 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 253,957 to € -944,296. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 1.2 million
▼ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -944,296
▼ still € 253,957 profit in 2024
Profit after tax over the fiscal year.
€ 641,682
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 677,228.
People and assets in 2025
84.4
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.9 million
▲ 4% vs 2024
€ 93,200 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.
€ 127,277
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 550,000
▲ € 510,414 vs 2024
Loans from banks and other lenders, long and short.
€ 1.4 million
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 56 days on average.
€ 1.9 million
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,031,609 | € 14,358,791 | € 17,072,801 | € 15,472,172 | ▼ 9% |
| Profit after taxes | € 237,393 | € 422,964 | € 253,957 | € -944,296 | ▼ € 1.2 million |
| Equity | € 2,729,026 | € 3,151,990 | € 2,105,947 | € 1,161,651 | ▼ 45% |
| Total debts | € 7,337,139 | € 4,773,476 | € 4,816,893 | € 6,193,257 | ▲ 29% |
| Cash | € 560,384 | € 649,658 | € 1,341,295 | € 641,682 | ▼ 52% |
| Retained profit | € 2,244,603 | € 2,667,566 | € 1,621,523 | € 677,228 | ▼ 58% |
| Dividend | € 0 | € 0 | € 1,300,000 | € 0 | ▼ 100% |
| Bank debt | € 2,379,188 | € 268,471 | € 39,586 | € 550,000 | ▲ € 510,414 |
| Balance sheet total | € 10,201,378 | € 8,078,205 | € 6,972,840 | € 7,354,908 | ▲ 5% |
| Employees (FTE) | 67.2 | 82.6 | 84.5 | 84.4 | ▼ 0.1 |
Key figures of NORRIQ Belgium, 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 NORRIQ Belgium?
What happened at NORRIQ Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bo Martinsen stepped down as director. NBB
- Klaus Rasmussen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 944,296 (▼ € 1.2 million vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- New establishment in Lummen. KBO
- DDEH became a director. NBB
- Bo Martinsen became a director. NBB
- Klaus Rasmussen became a director. NBB
In short
From € 237,393 profit in 2022 to € 944,296 loss in 2025.
Paid € 590,035 in corporate taxes since 2022.
Best year ever: 2023, with € 422,964 profit.
Paid out € 1.3 million in dividends to the owners in total.
Management
Behind NORRIQ Belgium is DDEH. DDEH is also behind NORRIQ Financial Services.
Directors
According to the 2025 annual accounts
Persoon belast met dagelijks bestuur · represented by Dehaese Dries
Also active at: NORRIQ Financial Services
since 2023
Bo Martinsen
Managing director
since 2021 · until 2027
Klaus Rasmussen
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Bosstraat 54
3560 Lummen
Kruisstraat 289A
3120 Tremelo
Active since 22 June 2001
Zuiderlaan 11 box 11
8790 Waregem
Active since 1 January 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →A.VOGEL
€ 6.5 million revenue · 2025
TRISINVEST
€ 1.2 million gross margin · 2025
EPLAN
€ 4.9 million gross margin · 2025
LAT Nitrogen Belgium
€ 4.4 million gross margin · 2025
FINOSA
€ 45,031 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.318.421
- VAT number
- BE 0463.318.421
- Registered office
- Bosstraat 54, 3560 Lummen
- Names & denominations
- NORRIQ Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 1998
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
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Computeradviesbureaus
Gespecialiseerde detailhandel in kantoormachines en -meubelen, computers en standaardprogrammatuur en telecommunicatieapparatuur
Overige advisering in verband met programmatuur en levering van programmatuur
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