Result
€115,272 €115,272
Back in profit in 2025, after a loss of €67,480 in 2024.
NOTAFLEX
Lifetime
6 annual accounts with figures on one time axispeak €404,701 (2025)
€404,701▲ 73.8%
lowest -€84,324 (2023)
€115,272▲ €182,751
peak €485,044 (2022)
€448,512▲ 34.6%
€3.8m▼ 10.2%
Board2 names since 2020
1 directorPaul Wellens
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
Gross margin from €232,815 to €404,701Back to profit: €115,272Equity from €333,240 to €448,512Investments €1.6mCash from €842 to €44,435
Key points
from the 2025 annual accountsTurnover
≈ €700,000 estimated
The accounts state no turnover.
Debts
€3.8m 90% of the balance sheet
Financial debts 87%Suppliers 1%Taxes and wages 1%Other 11%
Of this, €798,245 falls due within a year.
Liquidity
0.59 was 2.56 in 2024
Short-term debts fell from €871,451 to €798,245.
Filings
6 annual accounts 1 late
The 2024 accounts came 29 days late. The other five were filed on time.
Position in the sector
10.5%
Lower solvency than 80% of companies in legal and accounting. Sector median 44.3% · 4,129 companies.
Checked score
92
Excellent
Financially stronger than 34% of small companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 1,477 companies (NACE 69, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
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: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%▲ +0.1 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.1 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026highest value
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.3 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
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.59, cash €44,435
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: total assets €4.3m
Figures for financial year 2025 (filed on 29-07-2026)
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 19% of them on solvency, 25% on liquidity, 9% on profitability and 84% on growth.
The bankruptcy probability was computed on 05-11-2026 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).
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.59 (2.56 in 2024), below 1. Short-term debt is 18.6% and cash 1% of total assets. 89.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4129 sector peers (2025).
NBB · sector comparisonPosition among 4129 sector peers
Solvency
better than 20%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 days early
2024
29 days late
2023
1 day early
2022
4 days early
2021
2 days early
2020
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 3 days after 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 29 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0749725767
Merger: NOTAFLEX takes over PADIMA
The company holds all the shares of PADIMA · The company holds all the shares of Notaris Paul Wellens · General meeting of 25-05-2021 · Gazette deed
Merger proposal: NOTAFLEX takes over NOTARIS PAUL WELLENS
Permanent representative: Paul Wellens · The company holds all the shares of NOTARIS PAUL WELLENS · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NOTAFLEX Mortsel | €4.3m | €404,701 | 10.5% | - |
| Murielle BODSON & Mélissa DUPONT, Société Notariale Liège | €4.1m | €423,935 | 2.9% | 7 |
| VERGUTS, NOTARISVENNOOTSCHAP Sint-Niklaas | €3.8m | €442,659 | 10.6% | - |
| Notaris Charlotte Blockx Machelen (Brab.) | €4.3m | €402,478 | 2.6% | - |
| Etude Notariale MAERTENS & MANS Liège | €3.9m | €497,814 | 4.1% | 7 |
| François MATHONET, société notariale Liège | €5.2m | €583,737 | 0.2% | 7.4 |
| Notaris Leen Coppejans, notarisvennootschap Oudenaarde | €4.1m | €597,166 | 5.7% | 2.4 |
These companies have the same main activity as NOTAFLEX: activities of notaries (NACE 69102). They are comparable in size and age: total assets between €3.8m and €5.2m, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 02-07-2020Normal situation
- Activity
- Activities of notariesNACE 69102
- Establishment unit
- 2.305.746.2202640 Mortsel, since 02-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 04-06-2025
Annual accounts 2025
- €4.3m▼ 6.9%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on NOTAFLEX
NOTAFLEX files the abbreviated format. That format states no turnover. The gross margin rose from €265,495 in 2020 to €404,701 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 NOTAFLEX
- What is the company number of NOTAFLEX?
- The company number of NOTAFLEX is 0749.725.767. The VAT number is the same number with BE in front: BE 0749.725.767.
- Where is NOTAFLEX based?
- The registered office is at Kapellelei 22, 2640 Mortsel.Company details
- What does NOTAFLEX do?
- According to the KBO register, the main activity is activities of notaries (NACE 69102).
- What is the legal form of NOTAFLEX?
- NOTAFLEX is a private limited company (BV).
- When was NOTAFLEX founded?
- NOTAFLEX was founded on 02-07-2020.
- Is NOTAFLEX still active?
- Yes, NOTAFLEX is an active enterprise in the KBO register.
- What is the turnover of NOTAFLEX?
- The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €404,701 and 64 comparable companies (NACE 69). It probably lies between €580,000 and €870,000.Financials
- Is NOTAFLEX profitable?
- In financial year 2025, NOTAFLEX made a profit of €115,272.
- Where can I find the annual accounts of NOTAFLEX?
- NOTAFLEX filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOTAFLEX due?
- NOTAFLEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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