Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NOORAAP from Waregem, company number BE0480203250, closed financial year 2025 with a result of € 257,914 after tax. For that financial year NOORAAP recorded revenue of € 420,214 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 226,963 to € 257,914. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 1.1 million
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 257,914
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 65,117
▲ 24% 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 € 625,578.
People and assets in 2025
€ 49,645
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 938,624
▼ 16% vs 2024
€ 190,645 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 69,339
▲ € 68,069 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 153 days on average.
€ 62,519
▼ 46% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 446,306 | € 420,214 | ▼ 6% |
| Gross margin | € 15,724 | € 225,663 | - | - | |
| Profit after taxes | € -19,978 | € 131,139 | € 226,963 | € 257,914 | ▲ 14% |
| Equity | € 28,162 | € 574,301 | € 801,264 | € 1,059,178 | ▲ 32% |
| Total debts | € 35,040 | € 1,365,288 | € 1,757,203 | € 1,528,880 | ▼ 13% |
| Cash | € 11,846 | € 57,873 | € 52,370 | € 65,117 | ▲ 24% |
| Retained profit | € 9,562 | € 138,841 | € 367,664 | € 625,578 | ▲ 70% |
| Bank debt | € 0 | € 1,283,926 | € 1,121,484 | € 938,624 | ▼ 16% |
| Balance sheet total | € 63,202 | € 1,939,589 | € 2,558,467 | € 2,588,058 | ▲ 1% |
Key figures of NOORAAP, 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 NOORAAP?
What happened at NOORAAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 257,914 (▲ 14% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Waregem. KBO
In short
From € 19,978 loss in 2022 to € 257,914 profit in 2025.
Paid € 222,195 in corporate taxes since 2022.
Best year ever: 2025, with € 257,914 profit.
Pays suppliers within 153 days on average.
A new publication or filing at NOORAAP? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind NOORAAP is Kenny SCHELSTRAETE. It owns 100% of Ingelaap, 100% of Funny Beach, 100% of Elivick and 100% of Kuuraap itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bessemstraat 92
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0480.203.250
- VAT number
- BE 0480.203.250
- Registered office
- Bessemstraat 92, 8790 Waregem
- Names & denominations
- NOORAAP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2003
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Organisatie van congressen en beurzen
Holdings