NOSTER
ActiveNOSTER has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.91M and a net result of €435k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86=
Solvency81▲+3
Growth71=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.38 in 2024; short-term debt: 15.4% and cash: 19% of total assets), and 44% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56%
Return on assets
8.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
16 d early
2023
27 d early
2022
60 d early
2021
34 d early
2020
38 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€934k▲ 2.8%
2024 · €909k
2018: €583k
2019: €632k
2020: €637k
2021: €668k
2022: €715k
2023: €847k
2024: €909k
2018 → 2025
EBIT margin
66.3%▼ 1.7pp
2024 · 68.0%
2018: 46.4%
2019: 37.0%
2020: 51.8%
2021: 48.1%
2022: 45.1%
2023: 65.3%
2024: 68.0%
2018 → 2025
Net result
€435k▲ 0.2%
2024 · €434k
2018: €187k
2019: €162k
2020: €245k
2021: €251k
2022: €231k
2023: €385k
2024: €434k
2018 → 2025
Working capital
€190k▼ 43.4%
2024 · €336k
2018: €61k
2019: €249k
2020: €649k
2021: €689k
2022: €385k
2023: €577k
2024: €336k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€668k-€715k▲ 7.1%€847k▲ 18.4%€909k▲ 7.3%€934k▲ 2.8%
Equity€2.43M-€2.66M▲ 9.5%€3.05M▲ 14.5%€2.98M▼ 2.2%€2.91M▼ 2.2%
Operating result€321k-€322k▲ 0.3%€553k▲ 71.5%€618k▲ 11.9%€619k▲ 0.2%
Net result€251k-€231k▼ 7.9%€385k▲ 66.6%€434k▲ 12.7%€435k▲ 0.2%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.21M
Fixed assets
€4.22M▼ 4.1%
Current assets
€991k▼ 18.2%
Equity and liabilities €5.21M
Equity
€2.91M▼ 2.2%
Debt
€2.29M▼ 12.8%
The debt ratio falls from 46.9% to 44.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€896k▲
2024 · €883k
Cash flow
€712k▲
2024 · €698k
Solvency
56.0%▲
2024 · 53.1%
Current ratio
1.24▼
2024 · 1.38
Quick ratio
1.24▼
2024 · 1.38
Debt / equity
0.79▼
2024 · 0.88
ROE
14.9%▲
2024 · 14.6%
ROA
8.4%▲
2024 · 7.7%
Interest coverage
25.03▲
2024 · 21.59
Debt
€2.29M▼
2024 · €2.63M
Debt ≤ 1 year
€800k▼
2024 · €875k
Debt > 1 year
€1.49M▼
2024 · €1.76M
Income taxes
€149k▲
2024 · €145k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.61M€5.21M▼
Fixed assets21/28€4.40M€4.22M▼
Tangible fixed assets22/27€4.40M€4.22M▼
Land and buildings22€4.40M€4.22M▼
Current assets29/58€1.21M€991k▼
Amounts receivable within one year40/41€54k€615▼
Trade receivables40€51k-
Other amounts receivable41€3k€615▼
Cash at bank and in hand54/58€1.16M€990k▼
Equity and liabilities
Total equity and liabilities10/49€5.61M€5.21M▼
Equity10/15€2.98M€2.91M▼
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€50k€50k=
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Profit (loss) carried forward14€2.43M€2.36M▼
Amounts payable17/49€2.63M€2.29M▼
Amounts payable after more than one year17€1.76M€1.49M▼
Financial debts170/4€1.76M€1.49M▼
Credit institutions173€1.76M€1.49M▼
Amounts payable within one year42/48€875k€800k▼
Current portion of amounts payable after more than one year42€262k€263k▲
Trade debts44€78k€7k▼
Suppliers440/4€78k€7k▼
Taxes, remuneration and social security45€35k€31k▼
Taxes450/3€35k€31k▼
Other amounts payable47/48€500k€500k=
Income statement
Code20242025
Operating income70/76A€979k€1.01M▲
Turnover70€909k€934k▲
Other operating income74€70k€72k▲
Operating charges60/66A€360k€386k▲
Services and other goods61€25k€36k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€264k€277k▲
Other operating charges640/8€71k€73k▲
Operating profit (loss)9901€618k€619k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Other financial income752/9€2k-
Financial charges65/66B€41k€36k▼
Recurring financial charges65€41k€36k▼
Debt charges650€41k€36k▼
Other financial charges652/9€207€211▲
Profit (loss) for the period before taxes9903€579k€583k▲
Income taxes67/77€145k€149k▲
Taxes670/3€145k€149k▲
Profit (loss) for the period9904€434k€435k▲
Profit (loss) for the period to be appropriated9905€434k€435k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.93M€2.86M▼
Profit (loss) brought forward from the previous period14P€2.50M€2.43M▼
Profit to be distributed694/7€500k€500k=
Return on contributions (dividend)694€500k€500k=
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €435k ▲0.2%
Operating result €619k, net result €435k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 6.00
Current ratio from 1.91 to 6.00; short-term debt falls from €272k to €130k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €162k ▼13.7%
Net result drops to €162k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zonhoven · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Senator A. Jeurissenlaan 12103520 ZonhovenGround area
2.0 ha
Building footprint
9,283 m²
Volume, LiDAR
85,806 m³
Parcel 71442C1089/00B000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NOSTER NV
since 19962.077.518.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442C1089/00B000 | Flanders | 2.0 ha | 1 · 9,282 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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RAM
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FIZAINE IMMO
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-07-1996
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.