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NOTARRY

Active
Private limited companyfounded 20232 yrs activeChaussée de Mons(BAR) 5, 7534 Tournai, BelgiumKBO/BCE: BE 1003.980.484
Summary

NOTARRY has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €352,184 and a net result of €195,336. Its solvency ranks better than 37% of 3321 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability89▲+3
Solvency55▲+16
Growth78
Track record82
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.58 against 1.01 in 2024; short-term debt: 27.1% and cash: 38.4% of total assets), but 70.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29.5%
Return on assets
16.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
18 d late
2024
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

NOTARRY was incorporated on 28 December 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€195,336▲ 29.5%
2024 · €150,848
Working capital
€187,982▲ 4,863%
2024 · €3,788
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€201,518-€262,012▲ 30.0%
Net result€150,848-€195,336▲ 29.5%
Equity€156,848-€352,184▲ 125%
Total assets€1.1m-€1.2m▲ 7.0%
Debt€957,585-€839,918▼ 12.3%
Working capital€3,788-€187,982▲ 4,863%
Staff (FTE)4.1-4.9▲ 19.5%
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2024: €201,518€201,518Net result 2024: €150,848€150,848Operating result 2025: €262,012€262,012Net result 2025: €195,336€195,33620242025€0€100,000€200,000€300,000Operating result 2024: €201,518€202,000Net result 2024: €150,848€151,000Operating result 2025: €262,012€262,000Net result 2025: €195,336€195,00020242025
The operating result rises in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €681,178 ▼ 11.7%
Current assets €510,924 ▲ 48.8%
Equity and liabilities €1.2m
Equity €352,184 ▲ 125%
Debt €839,918 ▼ 12.3%
Debt's share of the balance-sheet total falls from 85.9% to 70.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€358,824▲
2024 · €293,552
Cash flow
€292,148▲
2024 · €242,882
Current ratio
1.58▲
2024 · 1.01
Debt to equity
2.38▼
2024 · 6.11
ROE
55.5%▼
2024 · 96.2%
ROA
16.4%▲
2024 · 13.5%
Interest coverage
20.19▼
2024 · 29.75
Debt ≤ 1 year
€322,942▼
2024 · €339,484
Debt > 1 year
€516,976▼
2024 · €618,101
Income taxes
€67,646▲
2024 · €45,571
Staff costs
€277,114▼
2024 · €296,621
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€771,162€681,178▼
Intangible fixed assets21€705,125€626,777▼
Tangible fixed assets22/27€66,037€54,401▼
Plant, machinery and equipment23€18,703€14,351▼
Furniture and vehicles24€2,988€3,824▲
Other tangible fixed assets26€44,346€36,226▼
Current assets29/58€343,272€510,924▲
Amounts receivable within one year40/41€91,741€50,837▼
Trade receivables40€33,591€31,175▼
Other amounts receivable41€58,150€19,662▼
Cash at bank and in hand54/58€249,896€457,250▲
Deferred charges and accrued income490/1€1,635€2,837▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€156,848€352,184▲
Contributions10/11€6,000€6,000=
Reserves13€150,848€346,184▲
Distributable reserves133€150,848€346,184▲
Amounts payable17/49€957,585€839,918▼
Amounts payable after more than one year17€618,101€516,976▼
Financial debts170/4€618,101€516,976▼
Amounts payable within one year42/48€339,484€322,942▼
Current portion of amounts payable after more than one year42€101,125€101,125=
Trade debts44€29,408€33,893▲
Suppliers440/4€29,408€33,893▲
Taxes, remuneration and social security45€99,614€100,393▲
Taxes450/3€28,508€62,752▲
Remuneration and social security454/9€71,107€37,641▼
Other amounts payable47/48€109,337€87,531▼
Income statement Code20242025
Remuneration, social security and pensions62€296,621€277,114▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92,034€96,812▲
Other operating charges640/8€5,384€5,219▼
Gross operating margin9900€595,556€641,157▲
Operating profit (loss)9901€201,518€262,012▲
Financial income75/76B€4,769€18,741▲
Recurring financial income75€4,769€18,741▲
Financial charges65/66B€9,868€17,771▲
Recurring financial charges65€9,868€17,771▲
Profit (loss) for the period before taxes9903€196,420€262,982▲
Income taxes67/77€45,571€67,646▲
Profit (loss) for the period9904€150,848€195,336▲
Profit (loss) for the period to be appropriated9905€150,848€195,336▲
Appropriation of the result
Profit (loss) to be appropriated9906€150,848€195,336▲
Transfer to equity691/2€150,848€195,336▲
To other reserves6921€150,848€195,336▲
Social balance
Average headcount (FTE)90874.14.9▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€296,621€277,114▼ 6.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92,034€96,812▲ 5.2%
Other operating charges640/8€5,384€5,219▼ 3.1%
Gross operating margin9900€595,556€641,157▲ 7.7%
Operating profit (loss)9901€201,518€262,012▲ 30.0%
Financial income75/76B€4,769€18,741▲ 293%
Recurring financial income75€4,769€18,741▲ 293%
Financial charges65/66B€9,868€17,771▲ 80.1%
Recurring financial charges65€9,868€17,771▲ 80.1%
Profit (loss) for the period before taxes9903€196,420€262,982▲ 33.9%
Income taxes67/77€45,571€67,646▲ 48.4%
Profit (loss) for the period9904€150,848€195,336▲ 29.5%
Profit (loss) for the period to be appropriated9905€150,848€195,336▲ 29.5%
Line20242025Change
Assets
Total assets20/58€1.1m€1.2m▲ 7.0%
Fixed assets21/28€771,162€681,178▼ 11.7%
Intangible fixed assets21€705,125€626,777▼ 11.1%
Tangible fixed assets22/27€66,037€54,401▼ 17.6%
Plant, machinery and equipment23€18,703€14,351▼ 23.3%
Furniture and vehicles24€2,988€3,824▲ 28.0%
Other tangible fixed assets26€44,346€36,226▼ 18.3%
Current assets29/58€343,272€510,924▲ 48.8%
Amounts receivable within one year40/41€91,741€50,837▼ 44.6%
Trade receivables40€33,591€31,175▼ 7.2%
Other amounts receivable41€58,150€19,662▼ 66.2%
Cash at bank and in hand54/58€249,896€457,250▲ 83.0%
Deferred charges and accrued income490/1€1,635€2,837▲ 73.5%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲ 7.0%
Equity10/15€156,848€352,184▲ 125%
Contributions10/11€6,000€6,000=
Reserves13€150,848€346,184▲ 129%
Distributable reserves133€150,848€346,184▲ 129%
Amounts payable17/49€957,585€839,918▼ 12.3%
Amounts payable after more than one year17€618,101€516,976▼ 16.4%
Financial debts170/4€618,101€516,976▼ 16.4%
Amounts payable within one year42/48€339,484€322,942▼ 4.9%
Current portion of amounts payable after more than one year42€101,125€101,125=
Trade debts44€29,408€33,893▲ 15.3%
Suppliers440/4€29,408€33,893▲ 15.3%
Taxes, remuneration and social security45€99,614€100,393▲ 0.8%
Taxes450/3€28,508€62,752▲ 120%
Remuneration and social security454/9€71,107€37,641▼ 47.1%
Other amounts payable47/48€109,337€87,531▼ 19.9%
Line20242025Change
Profit (loss) for the period9904€150,848€195,336▲ 29.5%
+ Depreciation and write-downs630€92,034€96,812▲ 5.2%
Operating cash flow (approximation)€242,882€292,148▲ 20.3%
Investment in fixed assets (approximation)--€6,828-
Change in cash-€207,354-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
31-12
Financial Equity above €200,000Eq €352,184 ▲125%
2 profitable years in a row build equity to €352,184.
27-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,221 m²
Building footprint
125 m²
Volume, LiDAR
506 m³
Parcel 57005A0196/00S000, Wallonia · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NOTARRY
Chaussée de Mons(BAR) 5, 7534 TournaiActivities of notaries
since 20242.353.423.797
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57005A0196/00S000 Wallonia 1,221 m² 1 · 125 m² 5.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,261 companies in sector 69102 we hold annual accounts for 1,755. 1,353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
69102Activities of notaries
Contact
E-mail helene.ronlez@belnot.beTournai
Phone 069546118Tournai
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003980484
Also 9925:BE1003980484
Registered 08-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.