Equity
€4.8m ▼ 17.1%
NDG paid out €1.5m in dividends. That is 296% of the 2025 profit.
NDG
Lifetime
9 annual accounts with figures on one time axispeak €525,294 (2018)
€76,059▲ 40.3%
peak €879,176 (2021)
€503,443▲ 19.7%
peak €5.8m (2024)
€4.8m▼ 17.1%
€4.2m▲ 25.2%
peak 0 FTE (2023)
0 FTE
Board1 name since 2017
1 director
Documentsfilings and deeds
18-09-202649 days late
2025abbreviated format
Gross margin from €54,212 to €76,059Dividend €1.5mEquity from €5.8m to €4.8mDebts from €3.4m to €4.2mCash from €14,847 to €118,797
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The abbreviated format states no turnover.
Liquidity
1.79 was 3.03 in 2024
Short-term debts rose from €1.6m to €2.6m.
Filings
9 annual accounts 6 late
The 2019 accounts came latest: 63 days after the end of the period.
Group
3 companies controlled
Heads a group.
Position in the sector
€4.8m
More equity than 95% of companies in legal and accounting. Sector median €315,736 · 3,827 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 153 companies had the same profile as NDG has now. Each dot is one company, two years later.
96.1%
were still trading
3.9%
stopped another way
0.0%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 153 companies, not a prediction for NDG. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
- annual accounts 2025
Shares in 3 companies, including and
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0668872111
Reappointment: (statutory director)
Permanent representative: · General meeting of 04-12-2023 · Gazette deed
Incorporation
Founding capital of €2,178,300, 120 shares · Founder: · Permanent representative: · published on 11-01-2017 · Gazette deed
First establishment
Nachtegaalstraat 44, Rotselaar
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NDG Rotselaar | €9.0m | €76,059 | 53.3% | 0 |
| Tiny Bones Asse | €3.6m | €219,985 | 85.7% | 0 |
| WM HOLDING Koksijde | €4.6m | €243,429 | 52.7% | 0 |
| NOTARIS LIESBETH MULLER Waasmunster | €3.7m | €121,364 | 81.8% | 0 |
| LS44 Antwerp | €13.1m | €240,387 | 8.9% | 0 |
| Danielle CHERPION Etterbeek | €3.4m | €28,541 | 96.6% | 0 |
| Karel Lacquet Herent | €5.5m | €31,452 | 95.1% | - |
These companies have the same main activity as NDG: activities of notaries (NACE 69102). They are comparable in size and age: total assets between €3.4m and €13m, founded between 2008 and 2016.
Official details
Source: KBO- Status
- Active since 09-01-2017Normal situation
- Activity
- Activities of notariesNACE 69102
- Establishment unit
- 2.262.264.9793110 Rotselaar, since 09-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2025
Companies linked to NDG
Subsidiaries and holdings
- 75%
Insights on NDG
NDG files the abbreviated format. That format states no turnover. The gross margin rose from €28,947 in 2017 to €76,059 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NDG
- What is the company number of NDG?
- The company number of NDG is 0668.872.111. The VAT number is the same number with BE in front: BE 0668.872.111.
- Where is NDG based?
- The registered office is at Nachtegaalstraat 44, 3110 Rotselaar.Company details
- What does NDG do?
- According to the KBO register, the main activity is activities of notaries (NACE 69102).
- What is the legal form of NDG?
- NDG is a private limited company (BV).
- When was NDG founded?
- NDG was founded on 09-01-2017.
- Is NDG still active?
- Yes, NDG is an active enterprise in the KBO register.
- What is the turnover of NDG?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €76,059 and 111 comparable companies (NACE 69). It probably lies between €130,000 and €220,000.Financials
- Is NDG profitable?
- In financial year 2025, NDG made a profit of €503,443.
- Where can I find the annual accounts of NDG?
- NDG filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NDG due?
- NDG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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