Checked.be
Active
BE 0720.557.075Private limited company
NOTAGO, société notariale
Rue de la Grande Triperie 3 ·7000 Mons, Belgium· 7 yrs active
Sector: Activities of notaries
(69102)
Conclusion
NOTAGO, société notariale has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €489k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 6% of 1002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €6k |
| Net result | €489k |
| Staff (FTE) | 4.9 |
| Better than sector | 6% |
Financial profile
66
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
53
Profitability
100
Solvency
9
Growth
68
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
53
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€500
estimate, not credit advice
Score history
48
2021
45
2022
53
2023
53
2024
53
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.89 (< 1.0)
-10
Leverage
Debt/equity 173.84 (> 3.0)
-10
Profitability
ROE 7705% (≥ 10%)
+10
Interest coverage
Interest coverage 229.0× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 26-03-2026 with the NBB · fiscal year 2025 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 5 fiscal years (±0%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 69, Legal and accounting activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.6% | 32.5% | |
| Net result | €489k | €128k | |
| Equity | €6k | €248k | |
| Gross operating margin | €983k | €461k | |
| Staff costs | €374k | €400k |
€598k
+42.5%
21-25
€489k
+59.3%
21-25
€610k
+43.1%
21-25
€1.11M
+5.1%
21-25
€6k
0.0%
21-25
€-85k
-13.7%
21-25
5
-9.3%
21-25
€374k
-0.4%
21-25
€5k
-3.7%
21-25
€1.10M
+5.1%
21-25
€795k
+26.8%
21-25
€307k
-27.3%
21-25
0.89
+1.4%
21-25
0.89
+1.4%
21-25
0.6%
-4.8%
21-25
173.84
+5.1%
21-25
7705.0%
+59.3%
21-25
44.1%
+51.6%
21-25
229.04
+56.4%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €598k | €419k | €390k | €378k | €498k |
| Net profit | €489k | €307k | €263k | €245k | €365k |
| Cash flow | €610k | €426k | €380k | €366k | €491k |
| Staff costs | €374k | €376k | €385k | €397k | €337k |
| Income taxes | €5k | €6k | €7k | €7k | €3k |
| Dividends | - | - | - | - | - |
| Total assets | €1.11M | €1.06M | €1.32M | €1.23M | €1.35M |
| Equity | €6k | €6k | €6k | €6k | €6k |
| Debt | €1.10M | €1.05M | €1.32M | €1.23M | €1.35M |
| of which ≤ 1y | €795k | €627k | €779k | €575k | €578k |
| of which > 1y | €307k | €422k | €537k | €652k | €767k |
| Working capital | €-85k | €-75k | €-74k | €-55k | €-57k |
| Employees (FTE) | 4.9 | 5.4 | 4.7 | 6.1 | 5.9 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.89 | 0.88 | 0.91 | 0.90 | 0.90 |
| Quick ratio | 0.89 | 0.88 | 0.91 | 0.90 | 0.90 |
| Working capital ratio | -7.6% | -7.1% | -5.6% | -4.5% | -4.2% |
| Solvency | 0.6% | 0.6% | 0.5% | 0.5% | 0.5% |
| Debt / equity | 173.84 | 165.42 | 207.32 | 193.35 | 211.94 |
| Long-term debt ratio | 48.35 | 66.48 | 84.62 | 102.75 | 120.88 |
| Interest coverage | 229.04 | 146.44 | 79.09 | 82.59 | 105.16 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 44.1% | 29.1% | 19.9% | 19.9% | 27.0% |
| ROE | 7705.0% | 4837.1% | 4136.8% | 3860.7% | 5756.8% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.11M | €1.06M | €1.32M | €1.23M | €1.35M |
| Fixed assets | 21/28 | €399k | €504k | €618k | €714k | €831k |
| Intangible fixed assets | 21 | €365k | €481k | €597k | €712k | €825k |
| Tangible fixed assets | 22/27 | €34k | €23k | €21k | €2k | €6k |
| Current assets | 29/58 | €711k | €553k | €705k | €520k | €521k |
| Amounts receivable within one year | 40/41 | €81k | €467k | €414k | €236k | €339k |
| Cash & bank | 54/58 | €621k | €82k | €269k | €283k | €182k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.11M | €1.06M | €1.32M | €1.23M | €1.35M |
| Equity | 10/15 | €6k | €6k | €6k | €6k | €6k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €148 | €148 | €148 | €148 | €148 |
| Amounts payable | 17/49 | €1.10M | €1.05M | €1.32M | €1.23M | €1.35M |
| Amounts payable after one year | 17 | €307k | €422k | €537k | €652k | €767k |
| Amounts payable within one year | 42/48 | €795k | €627k | €779k | €575k | €578k |
| Trade debts payable within one year | 44 | €54k | €43k | €27k | €30k | €31k |
| Income statement | ||||||
| Gross operating margin | 9900 | €983k | €800k | €783k | €778k | €838k |
| Operating result | 9901 | €477k | €300k | €273k | €257k | €373k |
| Financial income | 75 | €20k | €15k | €1k | €62 | €0 |
| Financial charges | 65 | €3k | €3k | €5k | €5k | €5k |
| Result before taxes | 9903 | €494k | €313k | €269k | €253k | €368k |
| Income taxes | 67/77 | €5k | €6k | €7k | €7k | €3k |
| Net result for the period | 9904 | €489k | €307k | €263k | €245k | €365k |
| Result to be appropriated | 9905 | €489k | €307k | €263k | €245k | €365k |
Legal Structure
| NACE primary | Activities of notaries(69102) |
| Legal form | Private limited company(610) |
| Incorporation | 11-02-2019 |
| Status | Active |
| Postal code | 7000 |
Establishment units
Fabrice DEMEURE de LESPAUL et François GOEMAERE, Notaires associés
since 20192.288.139.631
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53053H0558/00L000 | Wallonia | 267 m² | 1 · 248 m² | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2021net €489k ▲59.3%
Operating result €477k, net result €489k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
02-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €245k ▼32.9%
Net result drops to €245k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Activities of notaries69102
Names & trade names
| Legal nameFR | NOTAGO, société notariale |
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