NOTAPAN
ActiveSummary
NOTAPAN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €76k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 3291 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
Profitability100=
Solvency56▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.61 in 2024; short-term debt: 13.3% and cash: 26.6% of total assets), but 69.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
30.6%
Return on assets
27.3%
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 22-04-2026, 100 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
100 d early
2024
125 d early
2023
112 d early
2022
145 d early
2021
123 d early
2020
131 d early
2019
142 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€86k▼ 33.8%
2024 · €129k
2018: €54k
2019: €128k
2020: €222k
2021: €92k
2022: €35k
2023: €57k
2024: €129k
2018 → 2025
Total assets
€280k▼ 22.0%
2024 · €359k
2018: €87k
2019: €453k
2020: €573k
2021: €377k
2022: €475k
2023: €410k
2024: €359k
2018 → 2025
Net result
€76k▼ 55.7%
2024 · €172k
2018: €41k
2019: €75k
2020: €94k
2021: €70k
2022: €111k
2023: €123k
2024: €172k
2018 → 2025
Working capital
€39k▼ 54.4%
2024 · €86k
2018: €36k
2019: €115k
2020: €201k
2021: €65k
2022: €4k
2023: €23k
2024: €86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€35k▼ 62.4%€57k▲ 65.2%€129k▲ 126%€86k▼ 33.8%
Operating result€93k-€82k▼ 11.9%€96k▲ 17.7%€93k▼ 3.6%€100k▲ 7.7%
Net result€70k-€111k▲ 58.4%€123k▲ 10.1%€172k▲ 40.4%€76k▼ 55.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €280k
Fixed assets
€203k ▼ 7.3%
Current assets
€76k ▼ 45.2%
Equity and liabilities €280k
Equity
€86k ▼ 33.8%
Debt
€194k ▼ 15.4%
Debt's share of the balance-sheet total rises from 63.9% to 69.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€116k▲
2024 · €108k
Cash flow
€92k▼
2024 · €188k
Current ratio
2.06▼
2024 · 2.61
Debt to equity
2.26▲
2024 · 1.77
ROE
89.0%▼
2024 · 133.0%
ROA
27.3%▼
2024 · 48.0%
Interest coverage
24.09▼
2024 · 40.78
Debt ≤ 1 year
€37k▼
2024 · €53k
Debt > 1 year
€157k▼
2024 · €176k
Income taxes
€20k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€359k€280k▼
Fixed assets21/28€219k€203k▼
Tangible fixed assets22/27€183k€167k▼
Land and buildings22€177k€163k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€649€105▼
Financial fixed assets28€37k€37k=
Current assets29/58€139k€76k▼
Amounts receivable within one year40/41€40k€284▼
Trade receivables40€40k€0▼
Other amounts receivable41-€284
Cash at bank and in hand54/58€98k€74k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€359k€280k▼
Equity10/15€129k€86k▼
Contributions10/11€19k€19k=
Reserves13€111k€67k▼
Distributable reserves133€111k€67k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€229k€194k▼
Amounts payable after more than one year17€176k€157k▼
Financial debts170/4€176k€157k▼
Amounts payable within one year42/48€53k€37k▼
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€562€357▼
Suppliers440/4€562€357▼
Taxes, remuneration and social security45€15k€15k▼
Taxes450/3€15k€15k▼
Other amounts payable47/48€18k€3k▼
Income statement
Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€109k€117k▲
Operating profit (loss)9901€93k€100k▲
Financial income75/76B€102k€1k▼
Recurring financial income75€102k€1k▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€192k€96k▼
Income taxes67/77€20k€20k▲
Profit (loss) for the period9904€172k€76k▼
Profit (loss) for the period to be appropriated9905€172k€76k▼
Appropriation of the result
Profit (loss) to be appropriated9906€172k€76k▼
Transfer from equity791/2-€80k
Transfer to equity691/2€72k€36k▼
To other reserves6921€72k€36k▼
Profit to be distributed694/7€100k€120k▲
Return on contributions (dividend)694€100k€120k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (16 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
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €172k ▲40.4%
Net result €172k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.61
Current ratio from 1.15 to 2.61; short-term debt falls from €157k to €53k.
31-12
Financial
Equity above €100kEq €129k ▲126%
7 profitable years in a row build equity to €129k.
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €222k ▲72.9%
3 profitable years in a row build equity to €222k.
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €128k ▲139%
2 profitable years in a row build equity to €128k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Veurne · 1 establishment unit since 2017
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.
Pannestraat 58630 VeurneGround area
792 m²
Building footprint
410 m²
Volume, LiDAR
2,889 m³
Parcel 38025A0649/00B000, Flanders · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NOTARIS P. TAILLY
since 20172.266.543.669
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025A0649/00B000 | Flanders | 792 m² | 1 · 410 m² | 14.0 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
RAPHAËL CALUWÉ, NOTARISVENNOOTSCHAP
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Gent · Eq €85,615
Notaris Julie Ockier
BE 0795.373.769
Menen · Eq €86,097
Notaris Pablo Herremans
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Christian HUYLEBROUCK Notaire - Notaris
BE 0647.579.423
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Koen Diegenant
BE 0537.434.141
Dilbeek · Eq €86,507
Of 2,258 companies in sector 69102 we hold annual accounts for 1,754. 1,281 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
69102Activities of notaries
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.