KB-NOTARIS
ActiveKB-NOTARIS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.18M and a net result of €126k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 72% of 2935 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78=
Solvency94▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 6.95 against 6.86 in 2023; short-term debt: 7.9% and cash: 4.3% of total assets), and 30.6% 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 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 2024Solvency, return and age of the figures
Solvency
69.4%
Return on assets
7.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
27 d late
2022
62 d early
2021
2 d early
2020
30 d late
2019
53 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.18M▲ 11.9%
2023 · €1.06M
2018: €-27k
2019: €359k
2020: €820k
2021: €1.04M
2022: €935k
2023: €1.06M
2018 → 2024
Total assets
€1.70M▲ 1.5%
2023 · €1.68M
2018: €88k
2019: €520k
2020: €1.21M
2021: €1.99M
2022: €1.98M
2023: €1.68M
2018 → 2024
Net result
€126k▲ 2.8%
2023 · €122k
2018: €-39k
2019: €386k
2020: €461k
2021: €215k
2022: €599k
2023: €122k
2018 → 2024
Working capital
€797k▲ 5.8%
2023 · €754k
2018: €-46k
2019: €342k
2020: €758k
2021: €208k
2022: €712k
2023: €754k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€820k-€1.04M▲ 26.3%€935k▼ 9.7%€1.06M▲ 13.1%€1.18M▲ 11.9%
Operating result€614k-€284k▼ 53.7%€814k▲ 186%€182k▼ 77.7%€176k▼ 3.4%
Net result€461k-€215k▼ 53.2%€599k▲ 178%€122k▼ 79.6%€126k▲ 2.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 3% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.70M
Fixed assets
€773k▼ 3.0%
Current assets
€931k▲ 5.5%
Equity and liabilities €1.70M
Equity
€1.18M▲ 11.9%
Debt
€522k▼ 16.2%
The debt ratio falls from 37.1% to 30.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€201k▼
2023 · €208k
Cash flow
€150k▲
2023 · €149k
Solvency
69.4%▲
2023 · 62.9%
Current ratio
6.95▲
2023 · 6.86
Quick ratio
6.95▲
2023 · 6.86
Debt / equity
0.44▼
2023 · 0.59
ROE
10.6%▼
2023 · 11.6%
ROA
7.4%▲
2023 · 7.3%
Interest coverage
17.03▲
2023 · 15.20
Debt
€522k▼
2023 · €623k
Debt ≤ 1 year
€134k▲
2023 · €129k
Debt > 1 year
€388k▼
2023 · €494k
Income taxes
€46k▼
2023 · €48k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.68M€1.70M▲
Fixed assets21/28€797k€773k▼
Tangible fixed assets22/27€797k€773k▼
Land and buildings22€759k€757k▼
Furniture and vehicles24€38k€17k▼
Current assets29/58€883k€931k▲
Amounts receivable within one year40/41€549k€645k▲
Trade receivables40€261k€278k▲
Other amounts receivable41€288k€366k▲
Current investments50/53€24k€212k▲
Cash at bank and in hand54/58€306k€73k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.70M▲
Equity10/15€1.06M€1.18M▲
Contributions10/11€19k€19k=
Reserves13€1.04M€1.16M▲
Distributable reserves133€1.04M€1.16M▲
Amounts payable17/49€623k€522k▼
Amounts payable after more than one year17€494k€388k▼
Financial debts170/4€494k€388k▼
Amounts payable within one year42/48€129k€134k▲
Current portion of amounts payable after more than one year42€105k€106k▲
Trade debts44€1k€824▼
Suppliers440/4€1k€824▼
Taxes, remuneration and social security45€22k€27k▲
Taxes450/3€22k€24k▲
Remuneration and social security454/9-€3k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€25k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€213k€206k▼
Operating profit (loss)9901€182k€176k▼
Financial income75/76B€2k€8k▲
Recurring financial income75€2k€8k▲
Financial charges65/66B€14k€12k▼
Recurring financial charges65€14k€12k▼
Profit (loss) for the period before taxes9903€171k€172k▲
Income taxes67/77€48k€46k▼
Profit (loss) for the period9904€122k€126k▲
Profit (loss) for the period to be appropriated9905€122k€126k▲
Appropriation of the result
Profit (loss) to be appropriated9906€122k€126k▲
Transfer to equity691/2€122k€126k▲
To other reserves6921€122k€126k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 6.86
Current ratio from 2.60 to 6.86; short-term debt falls from €445k to €129k.
31-12
Financial
Equity above €1MEq €1.06M ▲13.1%
5 profitable years in a row build equity to €1.06M.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €599k ▲178%
Operating result €814k, net result €599k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.60
Current ratio from 1.22 to 2.60; short-term debt falls from €935k to €445k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.04M ▲26.3%
3 profitable years in a row build equity to €1.04M.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €500kEq €820k ▲129%
2 profitable years in a row build equity to €820k.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Back to profitnet €386k
Net result €386k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 3.12
Current ratio from 0.60 to 3.12.
31-12
Financial
Equity above €200kEq €359k
Equity rises from €-27k to €359k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zottegem · 2 establishment units 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.
Steenweg op Aalst 1259620 ZottegemGround area
5,576 m²
Building footprint
728 m²
Volume, LiDAR
1,188 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
KB-NOTARIS
since 20172.269.733.385
KB NOTARIS
since 20182.275.445.992
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41013B0913/00A000 | Flanders | 4,284 m² | 1 · 548 m² | 0.2 m |
| 45024C0583/00E000 | Flanders | 1,293 m² | 1 · 180 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,258 companies in sector 69102 we hold annual accounts for 1,754. 1,157 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-08-2017
Fiscal year end31-12
Activities, NACEBEL
69102Activities of notaries
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.