Notavitis
ActiveSummary
Notavitis has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €-34k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▼-25
Solvency59▼-25
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.38 in 2024; short-term debt: 17.1% and cash: 0.9% of total assets), and 66.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-34k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
3 d late
2023
1 d late
2022
1 d early
2021
9 d late
2020
60 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€166k▼ 17.2%
2024 · €201k
2019: €254k
2020: €250k
2021: €258k
2022: €254k
2023: €211k
2024: €201k
2019 → 2025
Total assets
€495k▲ 45.7%
2024 · €340k
2019: €689k
2020: €662k
2021: €632k
2022: €628k
2023: €365k
2024: €340k
2019 → 2025
Net result
€-34k▼ 228%
2024 · €-10k
2019: €24k
2020: €17k
2021: €27k
2022: €-4k
2023: €-27k
2024: €-10k
2019 → 2025
Working capital
€-60k▼ 102%
2024 · €-30k
2019: €-30k
2020: €-23k
2021: €-6k
2022: €-29k
2023: €-22k
2024: €-30k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€258k-€254k▼ 1.6%€211k▼ 16.7%€201k▼ 5.0%€166k▼ 17.2%
Operating result€45k-€2k▼ 95.0%€-30k€-9k▲ 69.6%€-30k▼ 230%
Net result€27k-€-4k€-27k▼ 542%€-10k▲ 60.9%€-34k▼ 228%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €30k in 2025 against €9k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €495k
Fixed assets
€471k ▲ 46.2%
Current assets
€24k ▲ 35.9%
Equity and liabilities €495k
Equity
€166k ▼ 17.2%
Provisions
€17k ▼ 5.5%
Debt
€312k ▲ 157%
Debt's share of the balance-sheet total rises from 35.7% to 63.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €9k
Cash flow
€8k▲
2024 · €8k
Current ratio
0.29▼
2024 · 0.38
Debt to equity
1.88▲
2024 · 0.61
ROE
-20.7%▼
2024 · -5.2%
ROA
-6.9%▼
2024 · -3.1%
Interest coverage
2.12▼
2024 · 4.55
Debt ≤ 1 year
€85k▲
2024 · €48k
Debt > 1 year
€227k▲
2024 · €74k
Income taxes
€-147▼
2024 · €200
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€340k€495k▲
Fixed assets21/28€322k€471k▲
Tangible fixed assets22/27€322k€471k▲
Land and buildings22€303k€466k▲
Furniture and vehicles24€19k€4k▼
Financial fixed assets28€120€120=
Current assets29/58€18k€24k▲
Amounts receivable within one year40/41€16k€20k▲
Trade receivables40€5k€13k▲
Other amounts receivable41€11k€7k▼
Cash at bank and in hand54/58€2k€5k▲
Deferred charges and accrued income490/1€548-
Equity and liabilities
Total equity and liabilities10/49€340k€495k▲
Equity10/15€201k€166k▼
Contributions10/11€6k€6k=
Reserves13€123k€122k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€35k€33k▼
Distributable reserves133€87k€89k▲
Profit (loss) carried forward14€71k€38k▼
Provisions and deferred taxes16€18k€17k▼
Deferred taxes168€18k€17k▼
Amounts payable17/49€121k€312k▲
Amounts payable after more than one year17€74k€227k▲
Financial debts170/4€74k€227k▲
Amounts payable within one year42/48€48k€85k▲
Current portion of amounts payable after more than one year42€14k€17k▲
Trade debts44€615€9k▲
Suppliers440/4€615€9k▲
Taxes, remuneration and social security45€1k€200▼
Taxes450/3€1k€200▼
Other amounts payable47/48€32k€58k▲
Accrued charges and deferred income492/3-€890
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€42k▲
Other operating charges640/8€5k€17k▲
Gross operating margin9900€14k€30k▲
Operating profit (loss)9901€-9k€-30k▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€-11k€-36k▼
Transfer from deferred taxes780€657€986▲
Income taxes67/77€200€-147▼
Profit (loss) for the period9904€-10k€-34k▼
Transfer from tax-exempt reserves789€1k€2k▲
Profit (loss) for the period to be appropriated9905€-9k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€38k▼
Profit (loss) brought forward from the previous period14P€80k€71k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-06
Financial
Highest result since 2019net €27k ▲62.2%
Net result €27k, the highest in the series.
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-01
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
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, Enghien · 1 establishment unit since 2009
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.
Aatsesteenweg 547850 EnghienGround area
1,062 m²
Parcel 55025A0496/00Y000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Place Pierre Delannoy 36, 7850 Enghien
since 20092.177.430.561
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55025A0496/00Y000 | Wallonia | 1,062 m² | - | - |
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.
Similar companies · same sector, comparable size
BRENCO
BE 0454.131.234
Schaarbeek · Eq €166,271
P2CS
BE 0633.776.422
Opwijk · Eq €166,280
BL6
BE 1005.614.935
Zaventem · Eq €166,248
KRESTHO
BE 0886.665.122
Herk-de-Stad · Eq €166,245
VDS Group
BE 0847.321.625
Brussel · Eq €166,292
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,709 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
Founded02-07-2004
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.