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NK Ter Waarde

Active
Private limited companyfounded 2019active for 7 yearsTer Waarde 86, 8900 Ypres, BelgiumKBO/BCE: BE 0719.832.446
Summary

NK Ter Waarde has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239,821 and a net result of €902,999. Equity has been stable since 2019 (±7.4% per year). Its solvency ranks better than 12% of 4,124 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-02-2019 Normal situation
Activity
Activities of notaries NACE 69102
Joint committee
216 Notaries' employees · annual accounts 2025
Establishment unit
2.285.370.577 8900 Ypres, since 05-02-2019
Financial year end
31 December
Peppol
Reachable since 21-05-2026

Board and ownership

Board
and 1 other

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€2.6m
▲ 22.6%
Turnover
≈ €4.5m
estimated
Profit
€902,999
▲ 65.5%
Equity
€239,821
▲ 96.9%
Total assets
€5.6m
▲ 46.1%
Employees on 31-12-2025
16
▼ 5.9%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 0.80, cash €2.0mFigures for financial year 2025 (filed on 16-07-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of small companies in legal and accounting (NACE 69)
Financial strength · tick: 2024
Strong
Solvency 29+1
equity 4.3% of total assets
Liquidity 67+4
short-term debt 53.2% · cash 35.1%
Profitability 89+3
return on assets 16.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,477 companies, NACE 69, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.8 (0.76 in 2024), below 1. Short-term debt is 53.2% and cash 35.1% of total assets. 95.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, small). It does better than 11% of them on solvency, 76% on liquidity, 72% on profitability and 93% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.80, cash €2.0m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 4124 sector peers (2025).
NBB · sector comparison
Position among 4124 sector peers
Solvency
better than 12%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €239,821
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 16-07-2026, 15 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
15 days early
2024
94 days early
2023
56 days early
2022
31 days early
2021
47 days early
2020
3 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 June (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €121,822 to €239,821 ▲ 96.9% View
  • Caution: Lower solvency than 88% of companies in legal and accountingsector median 44.3% · 4,124 companies 4.3% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €902,999 7 years View

Recent changes

  1. · Gazette deed Company renamed from Ghesquiere, Breyne, De Brabandere & Degryse, notariskantoor to NK Ter WaardeResignation: Notariële Bestuursvennootschap Mieke Breyne (director) · Permanent representative: Breyne Mieke
  2. · Gazette deed Registered-office moveBoard composition: NotariëlebestuursvennootschapTomDegryse (director) · Board composition: NotariëlebestuursvennootschapMiekeBreyne (director) · Board composition: NotariëlebestuursvennootschapCelineDeBrabandere (director)
  3. · Gazette deed Company renamed from Ghesquière,De Brabandere & Degryse,notarisvennootschap to Ghesquiere,Breyne,De Brabandere & Degryse,notariskantoorResignations: Notariële Bestuursvennootschap Annelies Ghesquière, Notariële bestuursvennootschap Tom Degryse and Notariële bestuursvennootschap Celine De Brabandere · Reappointments: Notariële Bestuursvennootschap Annelies Ghesquière, Notariële bestuursvennootschap Tom Degryse and Notariële bestuursvennootschap Celine De Brabandere · Appointment: Notariële bestuursvennootschap Mieke Breyne (director)
All 14 events

Comparable companies

These companies have the same main activity as NK Ter Waarde: activities of notaries (NACE 69102). They are comparable in size and age: total assets between €3.7m and €9m, founded between 2018 and 2020.

CompanyTotal assetsGross margin
NK Ter Waarde Ypres€5.6m€2.6m
ACTEA, notaires associés Saint-Josse-ten-Noode€4.8m€3.0m
ALTER EGO, Notaires associés Ixelles€4.3m€2.5m
West, Geassocieerde Notarissen Koksijde€3.7m€2.1m
OPSOMER & DE LANGE, GEASSOCIEERDE NOTARISSEN Kortrijk€9.0m€2.3m
IN-DEED, Notaires associés / IN-DEED, Geassocieerde Notarissen Woluwe-Saint-Pierre€3.9m€2.1m
Mijn Notarissen Beringen€3.9m€3.1m
Full comparison

Key facts about NK Ter Waarde

What is the company number of NK Ter Waarde?
The company number of NK Ter Waarde is 0719.832.446. The VAT number is the same number with BE in front: BE 0719.832.446.
Where is NK Ter Waarde based?
The registered office is at Ter Waarde 86, 8900 Ypres.Company details
What does NK Ter Waarde do?
According to the KBO register, the main activity is activities of notaries (NACE 69102).
What is the legal form of NK Ter Waarde?
NK Ter Waarde is a private limited company (BV).
When was NK Ter Waarde founded?
NK Ter Waarde was founded on 05-02-2019.
Is NK Ter Waarde still active?
Yes, NK Ter Waarde is an active enterprise in the KBO register.
How many employees does NK Ter Waarde have?
NK Ter Waarde had an average of 15.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NK Ter Waarde fall under?
In its 2025 annual accounts, NK Ter Waarde states joint committee 216 (Notaries' employees).
What is the turnover of NK Ter Waarde?
The turnover in financial year 2025 is ≈ €4.5m. This figure is estimated from the gross margin of €2.6m and 1,584 comparable companies of the same size. It probably lies between €3.0m and €7.4m. It is a rough estimate.
Is NK Ter Waarde profitable?
In financial year 2025, NK Ter Waarde made a profit of €902,999.
Where can I find the annual accounts of NK Ter Waarde?
NK Ter Waarde filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NK Ter Waarde due?
NK Ter Waarde must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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