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Nobel

Active
KBO/BCE: BE 0413.832.385
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Age52 yrs
Connections55

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Nobel is 0.1% (very low). The 2024 annual accounts show equity of €5.40M and a net result of €170k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 1697 sector peers (fiscal year 2024). The company has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Long-established
Founded in 1973, 52 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.1% Very low
0%0,5%1,5%4%10%≥25%
Long track record Lower-failure-rate sector Lower-risk legal form

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€808k+13.3%
EBIT margin412.8%+430.8pp
Net result€170k-35.8%
Working capital€93k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 15-07-2025 with the NBB · fiscal year 2024 · verkort
€-4.00M€-2.00M€0€2.00M€4.00MRevenue 2019: €713k€713kOperating result 2019: €-129k€-129kNet result 2019: €-2.72M€-2.72MRevenue 2020: €808k€808kOperating result 2020: €3.33M€3.33MNet result 2020: €293k€293kOperating result 2021: €-659k€-659kNet result 2021: €-828k€-828kOperating result 2023: €783k€783kNet result 2023: €264k€264kOperating result 2024: €711k€711kNet result 2024: €170k€170k20192020202120232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~16.7%/year over 6 fiscal years, indicative, assuming unchanged policy.
€0€2.50M€5.00M€7.50M€10.00M2025: €6.64M (€5.73M - €7.54M)2026: €7.34M (€5.89M - €8.79M)2027: €8.04M (€6.04M - €10.04M)2018: €1.72M2019: €587k2020: €3.60M2021: €4.78M2023: €5.23M2024: €5.40M201820192020202120232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 32.2% 14.3%
better than 67% of 1697 sector peers
Net result €170k €0
better than 88% of 1693 sector peers
Equity €5.40M €108k
better than 94% of 1697 sector peers
Gross operating margin €1.52M €52k
better than 95% of 1694 sector peers
Employees (FTE) 0.0 0.0
better than 30% of 497 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P67
2020: P92 · n=4612021: P60 · n=6942023: P63 · n=14362024: P67 · n=16972020 2024
Stable position over 2020-2024 · n=461-1697
Net result P88
2020: P95 · n=4612021: P5 · n=6942023: P91 · n=14322024: P88 · n=16932020 2024
Stable position over 2020-2024 · n=461-1693
Equity P94
2020: P91 · n=4612021: P92 · n=6942023: P94 · n=14362024: P94 · n=16972020 2024
Stable position over 2020-2024 · n=461-1697
Gross operating margin P95
2021: P83 · n=6922023: P95 · n=14322024: P95 · n=16942021 2024
Stable position over 2021-2024 · n=692-1694
Describes the position versus peers, not a forecast.
Revenue
€808k
+13.3% 18-24
EBITDA
€1.40M
-6.4% far above sector median
Net profit
€170k
-35.8% far above sector median
Cash flow
€856k
-12.2% far above sector median
Total assets
€16.79M
-6.1% far above sector median
Equity
€5.40M
+3.2% far above sector median
Working capital
€93k
- far above sector median
Employees (FTE)
0
- -100% vs sector
Income taxes
€73k
-58.2% far above sector median
Debt
€10.68M
-10.1% far above sector median
Debt ≤ 1y
€2.08M
-21.0% far above sector median
Debt > 1y
€8.56M
-7.0% far above sector median
Current ratio
1.04
+6.0% +102% vs sector
Quick ratio
0.62
+26.5% +19% vs sector
Solvency
32.2%
+10.0% -25% vs sector
Debt / equity
1.98
-13.0% +25% vs sector
ROE
3.1%
-37.8% far above sector median
ROA
1.0%
-31.6% far above sector median
Net margin
36.3%
- 18-24
EBITDA margin
535.0%
+2662.2% 18-24
Interest coverage
2.50
-1.3% +2% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€1.40M
Net profit€170k
Cash flow€856k
Staff costs-
Income taxes€73k
Dividends-
Total assets€16.79M
Equity€5.40M
Debt€10.68M
of which ≤ 1y€2.08M
of which > 1y€8.56M
Working capital€93k
Employees (FTE)0.0
Ratios (computed)
2024
Current ratio1.04
Quick ratio0.62
Working capital ratio0.6%
Solvency32.2%
Debt / equity1.98
Long-term debt ratio1.58
Interest coverage2.50
Gross margin-
Net margin-
ROA1.0%
ROE3.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€16.79M
Fixed assets 21/28€14.61M
Intangible fixed assets 21€85k
Tangible fixed assets 22/27€14.38M
Financial fixed assets 28€150k
Current assets 29/58€2.18M
Stocks & contracts in progress 3€890k
Amounts receivable within one year 40/41€1.21M
Cash & bank 54/58€26k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€16.79M
Equity 10/15€5.40M
Contributions / capital 10/11€5.15M
Reserves 13€317k
Accumulated profits (losses) 14€-61k
Provisions & deferred taxes 16€706k
Amounts payable 17/49€10.68M
Amounts payable after one year 17€8.56M
Amounts payable within one year 42/48€2.08M
Trade debts payable within one year 44€48k
Income statement
Gross operating margin 9900€1.52M
Operating result 9901€711k
Financial income 75€32k
Financial charges 65€559k
Result before taxes 9903€184k
Income taxes 67/77€73k
Net result for the period 9904€170k
Result to be appropriated 9905€169k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
64 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

12 directors
Historic, not recently confirmed (11)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • FARESLegal entity
    Director· perm. rep.: Frank Moyaert
    State Gazette act 19126913 (24-09-2019)
    Not recently confirmed
    last confirmed in an act from 2019
    2 events
    • 24-09-2019 Appointed· Director
    • 04-09-2019 Appointed· Managing director
  • HUMACONLegal entity
    Director· perm. rep.: Sébastien Hendrickx
    State Gazette act 19126913 (24-09-2019)
    Not recently confirmed
    last confirmed in an act from 2019
    2 events
    • 24-09-2019 Appointed· Director
    • 04-09-2019 Appointed· Managing director
  • AMAURY DE CROMBRUGGHELegal entity
    Director· perm. rep.: Amaury de Crombrugghe
    State Gazette act 19068881 (22-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
    2 events
    • 22-05-2019 Mandate renewed· Director
    • 21-06-2017 Appointed· Director
  • MARC VAN BEGINLegal entity
    Director· perm. rep.: Marc Van Begin
    State Gazette act 19068881 (22-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
  • Samuël Perneel
    Director
    State Gazette act 19068881 (22-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
    2 events
    • 22-05-2019 Mandate renewed· Director
    • 24-05-2017 Appointed· Director
  • Nadia Vrancken
    Director
    State Gazette act 17073550 (24-05-2017)
    Not recently confirmed
    last confirmed in an act from 2017
    3 events
    • 24-05-2017 Appointed· Director
    • 12-05-2017 Resigned· Director
    • 31-10-2016 Appointed· Director
  • Samuël Permeel
    Director
    State Gazette act 16150397 (31-10-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • BVBA Marc Var BeginLegal entity
    Director· perm. rep.: Marc Van Begin
    State Gazette act 14111179 (04-06-2014)
    Not recently confirmed
    last confirmed in an act from 2014
  • BVBA STRA-GOLegal entity
    Director· perm. rep.: Charles van der Straten Waillet
    State Gazette act 14111179 (04-06-2014)
    Not recently confirmed
    last confirmed in an act from 2014
  • Erlinde Eeman
    Director
    State Gazette act 14111179 (04-06-2014)
    Not recently confirmed
    last confirmed in an act from 2014
  • Kasper Deforche
    Director
    State Gazette act 10123416 (18-08-2010)
    Not recently confirmed
    last confirmed in an act from 2010
Former directors (1)
  • Xavier Pierlet
    Director
    State Gazette act 10123416 (18-08-2010)
    Former
    - → 14-04-2010
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

3 auditors
Statutory auditor IRE/IBR number Tenure
Vyvey & C° Bedrijfsrevisoren BVCurrent
Company auditor · represented by Steven Vyvey
- 30-07-2025 → present
KPMG Réviseurs d'Entreprises
Statutory auditor · represented by Filip De Bock
- 18-08-2010 → 12-06-2018
PricewaterhouseCoopers Reviseurs d'Entreprises
Statutory auditor · represented by Didier Matriche
- 12-06-2018 → 01-09-2019
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen(68203)
Legal form Public limited company(014)
Incorporation05-12-1973
StatusActive
Postal code2000

Structure & network

Connections & network

55 connected companies
AMAURY DE CROMBRUGGHE, Parent company ADAMAURY DECROMBRUGGHEFARES, Parent company FFARESHUMACON, Parent company HHUMACONKPMG Réviseurs d'Entreprises, Parent company KRKPMG Réviseursd'EntreprisesMARC VAN BEGIN, Parent company MVMARC VAN BEGINPricewaterhouseCoopers Reviseurs d'Entreprises, Parent company PRPricewat…opersReviseur…risesECONSTRUCT, Subsidiary EECONSTRUCT+45 companies via a shared corporate director +45via a sharedcorporate directorHedra Terra, Shared corporate director HTHedra TerraAXS NAMUR 2, Shared address ANAXS NAMUR 2AXS NAMUR 3, Shared address ANAXS NAMUR 3Nobel Nobel0413.832.385
Group structureShared directorsShared address / shareholderBundled connections
Group structure
AMAURY DE CROMBRUGGHE
Parent · 34 subsidiaries · 1 location
Control
FARES
Parent · 2 subsidiaries · 1 location
Control
HUMACON
Parent · 1 subsidiary · 2 locations
Control
KPMG Réviseurs d'Entreprises
Parent · 419 subsidiaries · 7 locations
Control
MARC VAN BEGIN
Parent · 38 subsidiaries · 1 location
Control
PricewaterhouseCoopers Reviseurs d'Entreprises
Parent · 436 subsidiaries · 5 locations
Control
ECONSTRUCT
Subsidiary · 1 location
Network connections
AG FINANCE
Shared corporate director
AG REAL ESTATE
Shared corporate director
AG REAL ESTATE FINANCE
Shared corporate director
AG Real Estate Property Management
Shared corporate director
AIRPORT DEVELOPMENT
Shared corporate director
ATAVUS ZUID
Shared corporate director
BERCHEM X PARKING
Shared corporate director
CANAL WHARF
Shared corporate director
CAVELL PROJECTS
Shared corporate director
CCN DEVELOPMENT
Shared corporate director
CCN Housing B1
Shared corporate director
CCN Housing B2
Shared corporate director
CCN Office A1
Shared corporate director
CCN Office C-D
Shared corporate director
CENTRE 58
Shared corporate director
CRYSTAL - CORTENBERG
Shared corporate director
DBFM Scholen van Morgen
Shared corporate director
GENT ZUID
Shared corporate director
Hedra Terra
Shared corporate director
Hermes Infrastructure
Shared corporate director
IMMOBILIERE DE LA LAINE
Shared corporate director
JEAN CRAB ET SES FILS
Shared corporate director
JULIE BRICHANT UNIT 3
Shared corporate director
KIEVITPLEIN PARKING
Shared corporate director
MECHELEN RAGHENO SITE
Shared corporate director
NINIA
Shared corporate director
PARC DE L'ALLIANCE
Shared corporate director
POST X GEBOUW 2
Shared corporate director
POST X GEBOUW 3
Shared corporate director
POST X GEBOUW 4
Shared corporate director
POST X GEBOUW 5
Shared corporate director
POST X GEBOUW 8
Shared corporate director
POST X GEBOUW 9
Shared corporate director
POST X MEDIA
Shared corporate director
PRESTIBEL LEFT VILLAGE
Shared corporate director
RDV-INVEST
Shared corporate director
REGATTA-L.O.
Shared corporate director
SAMAYA DEVELOPMENT
Shared corporate director
SEAFRONT DEVELOPMENT
Shared corporate director
TOLEDA INVEST
Shared corporate director
TOMBEEKHEYDE
Shared corporate director
Urban Project
Shared corporate director
Urbanove Shopping Development
Shared corporate director
AXS NAMUR 2
Shared address
AXS NAMUR 3
Shared address
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Establishment units

1 location
Nobel
Amerikalei 33, 2000 AntwerpenOntwikkeling van residentiële bouwprojecten
since 19742.008.950.964
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area546 m²
Buildings1
Building footprint284 m²
Volume (LiDAR)3,457 m³
Tallest building19.4 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3587/00B004 Flanders 546 m² 1 · 284 m² 19.4 m · 6 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

1 verified act

What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.

2026
30-03-2026 Restructuring
6 facts
  • Merger
  • Corporate purpose , De vennootschap heeft tot voorwerp om voor zichzelf of voor rekening van derden, alle industriële-, handels-, financiële en onroerende handelingen te stellen, d…
  • Corporate purpose , De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van dezen: Overige…
  • Accounting effect , 1 januari 2026
  • Net-asset statement , 909092.67, EUR
  • Power of attorney, Marie-Ghislaine Brosens

Analysis

Snowflake analysis

financial profile on 5 axes
Health64Profitability16Solvency53Growth69Stability100
60 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 64
Profitability 16
Solvency 53
Growth 69
Stability 100

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van terreinen68204Verhuur en exploitatie van terreinen68204
Primary activity highlighted.
Names & trade names
Legal nameNL Nobel
Registered office
Amerikalei 33 bus 301
2000 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.