De Vier Notelaars
De Vier Notelaars has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.06M and a net result of €-40k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 455 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
| Equity | €4.06M |
| Net result | €-40k |
| Staff (FTE) | 32.9 |
| Better than sector | 95% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 92.8% | 48.2% | |
| Net result | €-40k | €70k | |
| Equity | €4.06M | €3.48M | |
| Staff costs | €2.78M | €5.16M | |
| Employees (FTE) | 32.9 | 75.4 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | €501k | €480k | €466k | €429k |
| EBITDA | €49k | €263k | €415k | €244k |
| Net profit | €-40k | €183k | €328k | €131k |
| Cash flow | €78k | €297k | €429k | €223k |
| Staff costs | €2.78M | €2.51M | €2.33M | €2.17M |
| Income taxes | €13k | €15k | €6k | €5k |
| Dividends | - | - | - | - |
| Total assets | €4.38M | €4.47M | €4.32M | €3.82M |
| Equity | €4.06M | €4.15M | €4.03M | €3.52M |
| Debt | €317k | €324k | €290k | €304k |
| of which ≤ 1y | €317k | €323k | €290k | €304k |
| of which > 1y | - | - | - | - |
| Working capital | €2.96M | €3.06M | €2.99M | €2.71M |
| Employees (FTE) | 32.9 | 32.9 | 30.7 | 31.9 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 10.36 | 10.46 | 11.32 | 9.91 |
| Quick ratio | 10.34 | 10.44 | 11.30 | 9.89 |
| Working capital ratio | 67.7% | 68.4% | 69.3% | 70.9% |
| Solvency | 92.8% | 92.7% | 93.3% | 92.0% |
| Debt / equity | 0.08 | 0.08 | 0.07 | 0.09 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 31.18 | -135.17 | -36.16 | 219475.87 |
| Gross margin | 84.4% | 86.2% | 84.8% | 85.8% |
| Net margin | -8.0% | 38.1% | 70.4% | 30.6% |
| ROA | -0.9% | 4.1% | 7.6% | 3.4% |
| ROE | -1.0% | 4.4% | 8.1% | 3.7% |
| EBITDA margin | 9.9% | 54.8% | 89.1% | 56.8% |
| Days sales outstanding | 10d | 7d | 9d | 17d |
| Days payable outstanding | 185d | 89d | 2d | 3d |
| Inventory turnover | 13.20 | 10.58 | 10.88 | 7.76 |
| Days inventory (DSI) | 28d | 35d | 34d | 47d |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €4.38M | €4.47M | €4.32M | €3.82M |
| Fixed assets | 21/28 | €1.10M | €1.09M | €1.04M | €806k |
| Intangible fixed assets | 21 | €2k | - | - | - |
| Tangible fixed assets | 22/27 | €1.09M | €1.09M | €1.04M | €806k |
| Current assets | 29/58 | €3.28M | €3.38M | €3.28M | €3.01M |
| Stocks & contracts in progress | 3 | €6k | €6k | €7k | €8k |
| Amounts receivable within one year | 40/41 | €55k | €51k | €413k | €147k |
| Investments | 50/53 | €2.56M | €2.64M | €2.49M | €2.47M |
| Cash & bank | 54/58 | €638k | €652k | €357k | €382k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.38M | €4.47M | €4.32M | €3.82M |
| Equity | 10/15 | €4.06M | €4.15M | €4.03M | €3.52M |
| Reserves | 13 | €1.50M | €1.50M | - | - |
| Accumulated profits (losses) | 14 | €2.12M | €2.16M | €3.48M | €3.15M |
| Amounts payable | 17/49 | €317k | €324k | €290k | €304k |
| Amounts payable within one year | 42/48 | €317k | €323k | €290k | €304k |
| Trade debts payable within one year | 44 | €40k | €16k | €421 | €518 |
| Income statement | |||||
| Turnover | 70 | €501k | €480k | €466k | €429k |
| Operating result | 9901 | €-69k | €149k | €314k | €152k |
| Financial income | 75 | €43k | €47k | €9k | €2k |
| Financial charges | 65 | €2k | €-2k | €-11k | €18k |
| Result before taxes | 9903 | €-27k | €198k | €334k | €136k |
| Income taxes | 67/77 | €13k | €15k | €6k | €5k |
| Net result for the period | 9904 | €-40k | €183k | €328k | €131k |
| Result to be appropriated | 9905 | €-40k | €183k | €328k | €131k |
-
DE CLERCK BartDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
DENIS FransDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
EMBRECHTS GuyDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
EMBRECHTS Guy Henri ChristianaDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
HAMAIDE LaurentDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
HELSEN ErikDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
Show 7 more sitting directors
-
LENAERTS JanDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
VAN DEN EYNDEN KristaDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
VAN HUFFELEN MarcDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
VANHAECKE LeoDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
VERWERFT StephanDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
WAGEMANS WillemDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
-
WAGEMANS Willem Lodewijk AnnaDirectorState Gazette act 24398885 (22-05-2024)Current22-05-2024 → present
Former directors (1)
-
Jurgen Van GorpDirectorState Gazette act 22112267 (20-09-2022)Former- → 20-09-2022
| NACE primary | Residential care activities(87202) |
| Legal form | Non-profit association(017) |
| Incorporation | 24-09-1982 |
| Status | Active |
| Postal code | 2900 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0603/00A000 | Flanders | 1.5 ha | 1 · 1,815 m² | 10.3 m · 2 fl. |
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
22-05-2024 13 directors appointed
- EMBRECHTS Guy Henri Christiana, Bestuurder
- WAGEMANS Willem Lodewijk Anna, Bestuurder
- HAMAIDE Laurent, Bestuurder
- DENIS Frans, Bestuurder
- VANHAECKE Leo, Bestuurder
- VERWERFT Stephan, Bestuurder
- LENAERTS Jan, Bestuurder
- HELSEN Erik, Bestuurder
Technical details
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}20-09-2022 Jurgen Van Gorp resigns as director
- Jurgen Van Gorp, Bestuurder
Technical details
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}| Legal nameNL | De Vier Notelaars |