Financials
Financial year 2025
The Norseman from Beveren-Kruibeke-Zwijndrecht, company number BE0704846639, closed financial year 2025 with a result of € 15,008 after tax. For that financial year The Norseman recorded a gross margin of € 84,012 and equity of € 19,695. Compared with financial year 2024, the result moved from € 49,261 to € 15,008. The company is profitable. The buffer shrank hard: equity is 80 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 26, 2026.
€ 19,695
▼ 80% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,008
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 38,998
▲ 195% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 95,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 6,418
▲ 26% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 16,474
▲ 2% 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.
€ 3,148
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,013
▲ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,520 | € 109,978 | € 75,409 | € 84,012 | ▲ 11% |
| Profit after taxes | € 29,291 | € 68,670 | € 49,261 | € 15,008 | ▼ 70% |
| Equity | € 71,757 | € 140,427 | € 99,687 | € 19,695 | ▼ 80% |
| Total debts | € 71,513 | € 16,335 | € 30,453 | € 89,873 | ▲ 195% |
| Cash | € 36,475 | € 22,736 | € 13,218 | € 38,998 | ▲ 195% |
| Retained profit | € 53,157 | € 121,827 | € 81,087 | € 1,095 | ▼ 99% |
| Dividend | € 140,000 | € 0 | € 90,000 | € 95,000 | ▲ 6% |
| Bank debt | € 6,866 | € 927 | € 0 | € 0 | |
| Balance sheet total | € 143,270 | € 156,761 | € 130,140 | € 139,905 | ▲ 8% |
Key figures of The Norseman, 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 The Norseman?
What happened at The Norseman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,008 (▼ 70% vs 2024). Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Kurt Reyns became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 29,291 profit in 2022 to € 15,008 profit in 2025.
Paid € 60,414 in corporate taxes since 2022.
Best year ever: 2023, with € 68,670 profit.
Paid out € 325,000 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Kurt Reyns
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Boskouter 148
2070 Beveren-Kruibeke-Zwijndrecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.846.639
- VAT number
- BE 0704.846.639
- Registered office
- Boskouter 148, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- The Norseman
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2018
- Peppol
- Active · Active since 9 Jun 2025
- Activities · NACE
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