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
37 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NOEL FRANKLIN from Harelbeke, company number BE0700275068, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year NOEL FRANKLIN recorded revenue of € 14.6 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 541,671 to € 1.5 million. 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 23, 2026.
€ 1.6 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ 174% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ 212% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
92 % of the profit went to the shareholders, mostly to GOE VOLK (50 % of the shares). That is where the money ends up.
People and assets in 2025
164.6
▲ 56.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.6 million
▲ 48% vs 2024
€ 58,400 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.
€ 582,620
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 607,316
▲ 2% vs 2024
€ 179,800 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 314,470
▲ € 246,303 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 1.3 million
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | - | - | € 14,626,766 | |
| Gross margin | € 7,813,040 | € 7,590,461 | - | |
| Profit after taxes | € 635,100 | € 541,671 | € 1,486,744 | ▲ 174% |
| Equity | € 929,454 | € 1,471,125 | € 1,587,868 | ▲ 8% |
| Total debts | € 1,757,551 | € 1,722,669 | € 2,915,267 | ▲ 69% |
| Cash | € 413,464 | € 465,812 | € 1,451,967 | ▲ 212% |
| Retained profit | € 829,454 | € 1,371,125 | € 1,487,868 | ▲ 9% |
| Dividend | € 0 | € 0 | € 1,370,000 | |
| Bank debt | € 339,936 | € 594,524 | € 607,316 | ▲ 2% |
| Balance sheet total | € 2,687,005 | € 3,193,793 | € 4,503,135 | ▲ 41% |
| Employees (FTE) | 69.3 | 108.2 | 164.6 | ▲ 56.4 |
Key figures of NOEL FRANKLIN, fiscal years 2023 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 NOEL FRANKLIN?
What happened at NOEL FRANKLIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 174% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- New establishment in Nazareth-De Pinte. KBO
- New establishment in Oostkamp. KBO
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 635,100 profit in 2023 to € 1.5 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2023.
Best year ever: 2025, with € 1.5 million profit.
On average € 70,200 of value added per employee in 2024.
Management
The stake of GOE VOLK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NOEL FRANKLINBehind NOEL FRANKLIN is GOE VOLK NV. The shares are held by GOE VOLK (50%).
Directors
According to the 2025 annual accounts
Director · represented by Laurens Kinget
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Stedestraat 51
8530 Harelbeke
Kortrijksestraat 204
8020 Oostkamp
Active since 1 October 2021
Langevelddreef 2B
9840 Nazareth-De Pinte
Active since 1 October 2023
Ter Waarde 90
8900 Ieper
Active since 1 November 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 37 companies are registered at this address.
All companies at this address →STORAGE AND OFFICES NV
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€ 207,625 gross margin · 2025
ARCELIS
€ 5,790 gross margin · 2025
Cévg Invest
€ 5,122 gross margin · 2025
STEENBEHEER
€ 159,064 gross margin · 2025
+32 more
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
COMBELL-AS, BE
Domain
Domain
noelfranklin.com
Registered
2018-06-29
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-06-29
Website info
Features
Security
Details
- Company number
- 0700.275.068
- VAT number
- BE 0700.275.068
- Registered office
- Stedestraat 51, 8530 Harelbeke
- Names & denominations
- NOEL FRANKLIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2018
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- noelfranklin.com
- Activities · NACE
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