NOALYS
ActiveSummary
NOALYS has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,728 and a net result of €26,036. Equity is growing by about 11% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €122,728
- Profit
- €26,036
- DESMET,Jean-Marc Geoffroy GaëtanDirector
Why 85raises riskLast filed accounts filed 61 days late; 3 of the last 3 lateProfit of €26,036 (financial year 2025)lowers riskSize: total assets €376,825Liquidity: current ratio 3.12, cash €91,501Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 34% on solvency, 72% on liquidity, 60% on profitability and 35% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 53 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2025net €67,767 ▲235%
Financials · financial year 2025, micro format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543657.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 58% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,887 | €26,607 | €26,661 | €20,119 | €18,502 | €17,261 | €16,924 | €16,167 | ▼ 4.5% |
| Other operating charges640/8 | - | - | - | €1,582 | €1,452 | €1,296 | €1,675 | €1,556 | ▼ 7.1% |
| Gross operating margin9900 | €89,228 | €126,646 | €103,676 | €89,417 | €89,859 | €52,584 | €118,682 | €59,590 | ▼ 49.8% |
| Operating profit (loss)9901 | €58,846 | €98,757 | €75,414 | €67,716 | €69,905 | €34,027 | €100,084 | €41,867 | ▼ 58.2% |
| Financial income75/76B | - | - | - | €18 | - | €35 | €100 | €209 | ▲ 109% |
| Recurring financial income75 | €29 | €10 | €535 | €18 | - | €35 | €100 | €209 | ▲ 109% |
| Financial charges65/66B | - | - | - | €6,017 | €5,892 | €5,444 | €5,190 | €4,800 | ▼ 7.5% |
| Recurring financial charges65 | €7,103 | €7,084 | €6,165 | €6,017 | €5,892 | €5,444 | €5,190 | €4,800 | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | €51,772 | €91,684 | €69,401 | €61,717 | €64,013 | €28,618 | €94,994 | €37,276 | ▼ 60.8% |
| Income taxes67/77 | €13,232 | €26,471 | €17,359 | €15,642 | €13,878 | €8,386 | €27,227 | €11,239 | ▼ 58.7% |
| Profit (loss) for the period9904 | €38,540 | €65,212 | €52,042 | €46,074 | €50,135 | €20,232 | €67,767 | €26,036 | ▼ 61.6% |
| Profit (loss) for the period to be appropriated9905 | €38,540 | €65,212 | €52,042 | €46,074 | €50,135 | €20,232 | €67,767 | €26,036 | ▼ 61.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €389,256 | €400,763 | €404,786 | €384,810 | €359,184 | €360,346 | €351,811 | €376,825 | ▲ 7.1% |
| Formation expenses20 | - | - | - | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €351,054 | €343,918 | €324,669 | €291,129 | €278,084 | €264,913 | €247,989 | €231,822 | ▼ 6.5% |
| Tangible fixed assets22/27 | €351,054 | €343,918 | €324,669 | €291,129 | €278,084 | €264,913 | €247,989 | €231,822 | ▼ 6.5% |
| Land and buildings22 | - | - | - | €268,837 | €257,551 | €246,979 | €236,407 | €225,835 | ▼ 4.5% |
| Plant, machinery and equipment23 | - | - | - | €18,956 | €14,086 | €10,347 | €6,608 | €3,198 | ▼ 51.6% |
| Furniture and vehicles24 | - | - | - | €3,336 | €6,447 | €7,587 | €4,974 | €2,789 | ▼ 43.9% |
| Current assets29/58 | €38,202 | €56,845 | €80,116 | €93,681 | €81,100 | €95,433 | €103,822 | €145,004 | ▲ 39.7% |
| Amounts receivable within one year40/41 | €61 | €179 | €11,643 | €55 | €2,948 | €29,125 | €3,769 | €17,619 | ▲ 367% |
| Trade receivables40 | - | - | - | €55 | - | - | €345 | €345 | = |
| Other amounts receivable41 | - | - | - | - | €2,948 | €29,125 | €3,424 | €17,274 | ▲ 404% |
| Cash at bank and in hand54/58 | €20,591 | €37,143 | €47,976 | €71,555 | €57,518 | €37,918 | €36,159 | €91,501 | ▲ 153% |
| Deferred charges and accrued income490/1 | - | - | - | €22,071 | €20,635 | €28,390 | €63,893 | €35,884 | ▼ 43.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €389,256 | €400,763 | €404,786 | €384,810 | €359,184 | €360,346 | €351,811 | €376,825 | ▲ 7.1% |
| Equity10/15 | €22,728 | €70,940 | €85,483 | €103,557 | €98,692 | €118,925 | €126,692 | €122,728 | ▼ 3.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | - | - | - | €6,200 | €6,200 | €6,200 | - | - | - |
| Other1109/19 | - | - | - | €6,200 | €6,200 | €6,200 | - | - | - |
| Reserves13 | €1,860 | €61,860 | €76,860 | €91,860 | €91,860 | €109,860 | €116,860 | €109,860 | ▼ 6.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €90,000 | €90,000 | €108,000 | €115,000 | €108,000 | ▼ 6.1% |
| Profit (loss) carried forward14 | €14,668 | €2,880 | €2,423 | €5,497 | €632 | €2,865 | €3,632 | €6,668 | ▲ 83.6% |
| Amounts payable17/49 | €366,528 | €329,822 | €319,303 | €281,253 | €260,492 | €241,421 | €225,119 | €254,097 | ▲ 12.9% |
| Amounts payable after more than one year17 | €289,812 | €287,881 | €264,165 | €231,595 | €213,682 | €195,398 | €176,733 | €207,680 | ▲ 17.5% |
| Financial debts170/4 | - | - | - | €231,595 | €213,682 | €195,398 | €176,733 | €207,680 | ▲ 17.5% |
| Amounts payable within one year42/48 | €76,716 | €41,941 | €54,688 | €49,658 | €46,359 | €45,573 | €48,386 | €46,417 | ▼ 4.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20,881 | €21,246 | €21,618 | €21,998 | €22,386 | ▲ 1.8% |
| Trade debts44 | €1,953 | €1,529 | €2,921 | €2,291 | €3,743 | €1,795 | €2,851 | €2,809 | ▼ 1.5% |
| Suppliers440/4 | - | - | - | €2,291 | €3,743 | €1,795 | €2,851 | €2,809 | ▼ 1.5% |
| Taxes, remuneration and social security45 | - | - | - | €25,759 | €21,370 | €22,161 | €21,997 | €21,222 | ▼ 3.5% |
| Taxes450/3 | - | - | - | €25,759 | €21,370 | €22,161 | €21,997 | €21,222 | ▼ 3.5% |
| Other amounts payable47/48 | - | - | - | €726 | - | - | €1,540 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €450 | €450 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,540 | €65,212 | €52,042 | €46,074 | €50,135 | €20,232 | €67,767 | €26,036 | ▼ 61.6% |
| + Depreciation and write-downs630 | €28,887 | €26,607 | €26,661 | €20,119 | €18,502 | €17,261 | €16,924 | €16,167 | ▼ 4.5% |
| Operating cash flow (approximation) | €67,427 | €91,819 | €78,703 | €66,193 | €68,638 | €37,493 | €84,691 | €42,204 | ▼ 50.2% |
| Investment in fixed assets (approximation) | - | -€19,471 | -€7,412 | €13,422 | -€5,458 | -€4,090 | €0 | €0 | - |
| Change in cash | - | €16,552 | €10,833 | €23,579 | -€14,037 | -€19,600 | -€1,759 | €55,342 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00543657 |
| 31-12-2024 | micro format | 20-09-2025 | 2025-00501779 |
| 31-12-2023 | micro format | 26-09-2024 | 2024-00472440 |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00460595 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20343610 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59900348 |
| 31-12-2019 | micro format | 22-10-2020 | 2020-62500307 |
| 31-12-2018 | micro format | 26-09-2019 | 2019-66600014 |
| 31-12-2017 | micro format | 28-09-2018 | 2018-65400590 |
| 31-12-2016 | micro format | 26-09-2017 | 2017-63900117 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DESMET,Jean-Marc Geoffroy Gaëtan |
|
Owners and capital
Capital and shareholders
- 12-02-2024 Converted to unavailable equity · €8,060
- 12-02-2024 Converted to uncalled contributions · €12,400
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
12-02
Gazette deed
Resignation: DESMET,Jean-Marc Geoffroy Gaëtan (manager)Appointment: DESMET,Jean-Marc Geoffroy Gaëtan (director) · Amendment of the articles · Capital conversion13 facts ▸
- General meeting, 02-02-2024
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres apports non appelés” (deed in French)
- Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
- Other provision, “annulation apports non appelés”, 12400 (deed in French)
- Capital
- Other provision, “compte de capitaux propres statutairement indisponible” (deed in French)
- Power of attorney, Jean-Benoît JONCKHEERE
- Director resignation, DESMET,Jean-Marc Geoffroy Gaëtan (manager)
- Director appointment, DESMET,Jean-Marc Geoffroy Gaëtan (director (not named in the articles))
- Other provision, “décharge gérant démissionnaire, assemblée générale décidera prochaine assemblée annuelle” (deed in French)
- +1 further fact in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25055D0235/00E000 | Wallonia | 398 m² | 1 · 94 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L exercice en son nom et pour son compte de la médecine spécialisée ou générale et ce par l intermédiaire de ses organes médecins habilités…” (deed in French)
6 activities (deed in French)
- L exercice en son nom et pour son compte de la médecine spécialisée ou générale et ce par l intermédiaire de ses organes médecins habilités à pratiquer en Belgique
- Ne peut conclure conventions interdites aux médecins avec autres médecins ou tiers
- Interdiction exploitation commerciale de la médecine,toute forme collusion directe ou indirecte,dichotomie ou surconsommation
- Accomplir toutes opérations généralement quelconques qui sont de nature à favoriser le développement de son objet,notamment mobilières ou immobilières
- Réaliser toutes opérations généralement quelconques se rapportant directement ou indirectement à son objet en ne modifiant pas le caractère civil de la société et respectant la vocation médicale de la société
- S intéresser par toutes voies de droit,dans toutes affaires,entreprises ou sociétés ayant un objet identique ou analogue,ou qui sont de nature à favoriser le fonctionnement de la société
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NOALYS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne ou Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu à l…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, parmi les actionnaires conformément à la Déontologie médicale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre actions nominatives avec mentions CSA,droit consultation relatif à titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Écrit lettre ordinaire ou e-mail société sous peine nullité, valeur intrinsèque sur base dernier compte annuel approuvé” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur désigné, administrateurs en fonction” (deed in French)